Dear Readers, just a few days ago, Hong Kong’s Tencent stock overtook Facebook as the most valuable tech company with a market valuation of US$522B, more than Facebook’s valuation of a little over US$519B. Back in Singapore, Singtel has always been the most valuable company in Singapore in terms of market capitalization. But yesterday, DBS with a market capitalization of $63.71B overtook Singtel’s market capitalization of $60.25B as Singapore’s most valuable company. Hence in Hong Kong, they have Tencent making a quantum leap over its US counterpart Facebook. And back in Singapore, we have DBS taking over Singtel as the most valuable company in Singapore. DBS stock closed yesterday at $24.84 per share. As at the first trading day this year, DBS stock price was $17.67; hence if you have bought DBS stock and continue to hold the stock year-to-date, you would have enjoyed ......