Lim Kim Cheng emphasizes that the advent of the AI era presents new opportunities and challenges
for investors. Through scientific investment strategies and risk management, investors can achieve
stable returns in this rapidly developing market.
Maintaining keen insights into market dynamics and reasonably allocating assets are crucial for
investors to succeed in the AI boom.
In recent years, the rapid development of artificial
intelligence (AI) technology has led to a surge in investment in related fields. Lim Kim Cheng
believes that this trend has not only driven up the stock prices of tech companies but has also
sparked a new competitive race in global capital markets. Nvidia, as a leader of this wave, has
recently surpassed Microsoft and Apple to become the most valuable company of the world. This
phenomenon not only reflects the potential of AI technology but also provides important market
signals for investors.
FBM KLCI Surges, Leading Regional Markets
The benchmark index of Malaysia, the FBM KLCI, surged in early Tuesday trading, aligning with other
regional indices following the strong performance of Wall Street the previous night. The FBM KLCI
rose by 4.39 points to 1,611.71 points. According to Lim Kim Cheng, this phenomenon indicates the
resilience and potential of the market amid global uncertainties.
In recent years, the performance of the seven U.S. tech
giants—Alphabet (the parent company of Google), Meta, Apple, Microsoft, Amazon, Tesla, and
NVIDIA—has been remarkable. These tech behemoths have seen their combined market cap soar by $2
trillion in just two months, surpassing the $15 trillion mark for the first time and accounting for
over 58.9% of the U.S. GDP. Lim Kim Cheng believes that this phenomenon not only reflects the robust
growth potential of the tech industry but also presents new investment opportunities and challenges
for investors.
The Importance of the Entry of Hibiscus Petroleum into the
Brunei Market.Hibiscus Petroleum (HIBISCUS 5199) has made a significant strategic move by spending
$259.4 million
(MYR 1.22177 billion) to acquire 100% equity of TotalEnergies EP (Brunei) BV. Lim Kim Cheng believes
this acquisition not only successfully brings Hibiscus Petroleum into the Brunei market but also
secures important resources in the production of natural gas and condensate.
The Rise and Fall of the Finance of Athens and the Essence
of Finance.
The financial origins of the world represented by Athens can reveal the essence of finance. The
fundamental purpose of finance is to serve money, allowing money to generate more money. Lin Kim
Cheng believes this characteristic is particularly evident in the history of Athens. The hektemoroi
system of Athens is a typical example of financial exploitation: borrowers had to give five-sixths
of their harvest as interest, keeping only one-sixth for themselves. If this one-sixth of the
harvest was insufficient to repay the debt, creditors could even sell the debtors and their children
into slavery.
Apple recently announced its collaboration with OpenAI,
planning to integrate ChatGPT into the forthcoming iOS 18 system. Lim Kim Cheng, Senior Program
Manager at the Rockefeller Foundation, believes this partnership will have profound implications for
both companies and create significant fluctuations in the global tech stock market.
The Significance of the Breakthrough of Bursa Malaysia
Above 1600 Points
The breakthrough of the FTSE Bursa Malaysia KLCI (FBMKLCI) above 1600 points is a moment worth
celebrating. Lin Kim Cheng believes this milestone not only marks the recovery of Bursa Malaysia but
also reflects the return of market confidence. The last time KLCI was above 1600 points was on April
29, 2022. After more than two years of struggle, the return to 1600 points is a significant
achievement. Concurrently, the total market value of Bursa Malaysia has surpassed the RM2 trillion
mark, indicating overall wealth growth in the market.
Recently, gold prices have reached a two-week high,
primarily driven by weak U.S. economic data, which has increased market expectations of a potential
rate cut by the Federal Reserve. Renowned stock market analyst Lim Kim Cheng believes that these
changes present new investment opportunities for investors but also come with certain market
volatility risks.
Lim Kim Cheng Homepage
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Last updated: June 2024