Not a joke for China property market. There are only 2 POE developers who hasn't default on their bonds. One was indicted for child sex abuse and gave the company 2+ yrs headstart to deleverage balance sheet. Another one divorced her husband for whatever reasons many years ago
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yiktin retweeted
Next time you think that short sellers just make shit up - have a look at this SIX MONTH OLD tweet - which basically alleges the affair that is now news.
9) $NVDA CEO Huang has walked alongside Megaspeed at every step, and seems to have a close relationship with Megaspeed's Alice Huang. They partied together in June 2024 - same month as the Apex/Alibaba pledge, then dined together in May 2025 - just after U.S. trade restrictions.
yiktin retweeted
BREAKING: The US government believes NVIDIA chief Jensen Huang had a 'romantic relationship with alleged Chinese spy', according to Financial Times report.
Amazed that some still got hurt from Huafa dim sum bonds. Like, didn't you learn anything from the China property saga all these years? Just brutal
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Excluding IT equipment, a US data center costs almost US$12mm/MW not counting the land cost. Meanwhile in China, cost is less than 3.5mm and including the land (RMB 20mm)
BofA Analyst Andrew Obin breaks down Data Center costs by line item for the next 4 years.
10.23.2026
From compute, to liquid cooling, backup power etc.
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yiktin retweeted
HY AI data center bonds ranked by YTW
Lots of upside in some of these if they get called once the assets are built and leased
Which ones do you like?
yiktin retweeted
Exclusive: FOX Business obtained the response from Treasury Secretary Scott Bessent to the latest request for information from Senator Elizabeth Warren.
The Senator has sent more than 100 letters to Treasury asking for information in the past 21 months. The Secretary snarky at times in the response saying, "Rather than take my suggestion of studying introductory economics, you have continued your letter-writing crusade and participation in tabloid fodder about the Treasury Department." Secretary Bessent also added a hand-written note at the bottom of the letter. (Picture attached)
Senator Warren sent a letter dated October 10th asking for more information about what the Trump Administration is doing to lower borrowing costs for average Americans. In the letter the Senator accuses the Treasury Secretary of increasing costs saying, "The surge in Treasury yields is self-inflicted and follows the Fed's decision to raise the federal funds rate by a quarter of a percentage point, driven by concerns about inflation." The Treasury Secretary refuted that characterization in his letter, adding, "It is difficult to treat your concern as sincere." Adding, "As the federal funds rate climbed from near zero to its highest level in 22 years, with inflation hitting a 40-year high, you were a cheerleader for the Biden Administration's reckless spending."
The Secretary finishes the letter offering "a Foreign Exchange for Dummies tutorial still, and if you receive a passing grade to the Yale metric, not the Harvard curve, I would be happy to also include a Fixed Income for Dummies."
yiktin retweeted
Inverse correlation between employee cost and productivity:
Why are Euro auto brands losing to China? Well... let's look at costs, productivity, employee output, etc. Hard to compete with this.
"Using VW’s auto plants as a proxy, labor costs, labor productivity, sick leave rates, unit costs and electricity costs in its China plants are a fraction of what they are in Europe, so no one should be surprised at the market share shifts on the right. Even the imposition of 17%-35% tariffs has done little to slow European imports of Chinese EVs."
yiktin retweeted
HSBC's traders may face cramped conditions when they move from Canary Wharf to a new City of London HQ bloomberg.com/news/articles/…
