
Market View: Local share buybacks, Shimao fails to pay $1 Billion Bond, Voyager Digital Halt, Meta, Tesla
Your Money with Michelle Martin · MONEY FM 89.3
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Show Notes
Michelle Martin and Ryan Huang discuss share buybacks by OCBC, Willmar and United Hampshire US REIT, and what this means for the companies and the prospects for REITs and the retail tech industry more broadly. Yet, another Chinese property developer, the Shimao group, has failed to pay its debts - a USD1 billion bond in Shimao's case. Michelle and Ryan talk more about whether this will dampen prospects for the Chinese market. They also evaluate further trouble in the crypto markets as Voyager Digital suspended withdrawals, trading and deposits to its platform.
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