China Policy Bazooka: A Turning Point for the Chinese Stock Markets?
PBOC Easing Package: On September 24, the People’s Bank of China(PBOC) , the central bank of China, introduced measures to stimulate the economy and bolster the stock markets. These include interest rate cuts, reductions in the Banks’ Reserve Requirement Ratio (RRR), and adjustments to mortgage terms to aid the property market. Additionally, RMB 500 billion will be provided to brokerage houses, mutual funds, and insurance companies to buy mainland-listed stocks.
How to Prepare for a Recession？
The word “recession” has been everywhere lately. Headlines warn of an impending US recession, social media is abuzz with predictions of a market crash, and it’s hard not to feel a sense of unease.
“Good” Financial Advice That’s Actually Pretty Bad
Financial experts love giving money advice. Some, like keeping an emergency fund, automating your bill payments, and saving for retirement, are worth listening to. But others can actually do more harm than good.
Saving vs Investing: How Do You Decide?
Investing could be less familiar to many. Both saving and investing are important pillars in building a sound financial foundation, but they are not the same. Here are the differences between saving and investing, and why you should employ both strategies to build your wealth.
Saving vs Investing, what's the...
The S&P 500 Just Hit All-Time High. Should You Still Invest?
The coronavirus pandemic can be remembered for many things, one for being the speediest stock market recovery in history. If you had bought a S&P 500 index fund at the bottom of COVID-19 crash, you would have made approximately 130% of your invested amount.
Fast forward to this date, both...
Syfe raises HKD 210 million in new funding round, announces accelerated expansion in Hong Kong
Syfe, Asia’s leading saving and investment platform, today announced that it has closed a HKD 210 million funding round, increasing its valuation and bringing total funds raised to HKD 615 million.
Teaching kids about money: when and how to do it
It’s never too early to teach kids about money and financial discipline. By doing so, we help them develop healthy financial habits and set the stage for a secure financial future.
Investing At Every Age: Tips For Your 20s, 30s, 40s, 50s and Beyond
Whether you’re just starting your first job, married with two kids, or planning to retire, investing should be part of your financial plan. But the same strategy shouldn’t be used for every stage of your life.
5 Reasons China’s Recent Stock Market Rally Could Be Fundamentally Different
China’s government is buying Mainland stocks to stabilise the domestic stock market and influence stock market indices. In the past, government buying was done discreetly without much publicity, this time China is being much more public with its stock purchases.
Syfe partners with Manulife to co-create innovative new digital MPF advisory tool
Many people have difficulty managing their MPF investments. Everyone is different, but with so many investment options available it can be challenging to choose the right ones for you. In fact, research by Manulife found that 71% of its members had problems managing their MPF investments and 53% felt they lacked enough knowledge in MPF portfolio management.
