穷小子 had sold some of his banks shares last week after combo Reits purchased earlier. Not all, but sold about 1/3 of DBS and 1/3 of OCBC from the overall portfolio. This move is to re-balance his portfolio, 穷小子 still have confident in our local banks for long term.
Moreover, last week is also seems to be a good opportunity to cash out to build up the warchest, after some good run on these 2 banks for the past recent days.
After these sell off, OCBC is still holding up a majority of the portfolio at about 30% and DBS at a healthy range of about 10%......