Past few days have been quite humbling. The correction seen on the Market and specially Banks are quite significant. When we look back at my previous post ( link )on 24th Nov about Capital Preservation, I just feel the market has something up it's sleeves. Indeed it has with Omicron. Well the good news is that it is mild so far. And if stays so and prevalent, it could be the end of Covid Era. A natural immunization across the world population against Covid. Will this materialize is yet to be seen but probably considering Spanish flu kind of disappear after 2 years too in a world that do not have vaccine.
So with the move on preservation, I do "Saved" my US portfolio. However not significant is done on Asia Equity. For Chinese shares, fortunately I have decided to remove HST, and Tencent reduced as the more I...