Jeremy Yeung's blog
Given the volatility in the equity markets in 2016 we feel it’s time for an update on Signature Global Science & Technology Corporate Class. Coming into 2016 there was U.S. dollar headwinds, macro and political uncertainty. Credit spreads had moved wider on bankruptcy concerns linked to falling commodity prices and global central bankers appeared uncoordinated and lacking a strategy to deal with this environment.
It’s that time of year again. With the New Year’s Eve parties out of the way and a fresh start to the year, we attended the Consumer Electronics Show (CES) held in Las Vegas from January 6-9. 2015 was a record year for CES with over 170,000 attendees from around the world.
On September 19, Alibaba (BABA) became the largest IPO ever, and its founder Jack Ma, is now worth about $26 billion. How did this company, a virtual unknown outside of its native China, rocket 38% on its first day of trading to achieve a mega capitalization of $230 billion overnight? Why is there all this excitement for Alibaba?
I had recently returned from a 10-day trip to China where I had the opportunity to visit the Great Wall of China. When I arrived in Beijing, Google had been down for the last few weeks. Like all foreigners, I had to use the Chinese equivalent for searches and maps. The Great Wall was initially built to keep out the Mongolians from entering China. It seems that foreign businesses today are also facing their own obstacles to compete directly in the Chinese local market.
The Consumer Electronic Show 2014
We just came back for the Consumer Electronic Show (CES), where we saw the future trends of the industry. We have been attending this show over the past seven years and it keeps on getting bigger. With over 150,000 attendees, this is now the largest consumer electronics show in the world.