A big divergence between US and

China stock markets. I believe some convergence would take place sooner or later; what goes up would come down and vice versa. 

As mentioned in https://ainvestor.blogspot.com/2021/04/rebalance-local-portfolio.html, some of my fund has been reallocated to REITs and trusts for past few months, and they are currently sitting on about 41% of my local portfolio.

Divested some Capitaland @ $4.08.

Added SGX @ $10.08.

Added Keppel DC Reit @ $2.51.

Added Mapletree Log Tr @ $2.03.

Sold all ARKX @ US$20.82.

Divested most of ASHR @ US$37.90.

Divested some Palantir @ US$25 (via options).

I am a newbie

to options trading, and have started to try selling covered options. As you know, I have an oversea portfolio in which ASHR and KWEB already have more than 100 shares. I would want to explore selling covered options to earn some quick cash. I would share my experience at appropriate time.

This week, I continue to rebalance local portfolio as shown below. As for my oversea portfolio, it has finally gotten out of red after sinking for about 1 month.

Divested some OCBC @ $11.96.
Divested some SGX @ $10.52.
Divested some Singtel @ $2.63.
Added Capitaland @ $3.735.
Added HSTECH @ $1.381.
Added ARKX @ US$20.24.

Although my oversea portfolio continues

to underperform, it didn't prevent me from executing my DCA strategy as shown below.

Added ASHR @ US$37.77.
Added KWEB @ US$75.28.
Added ARKX @ US$20.90.
Added Alibaba @ US$239.51.

First Purchase of HSTECH @ $1.371.

By end of this month, my local portfolio would be 12 months old. I would publish a post to show its stocks and how they have performed. 

I noticed that Tiger Brokers has a Welcome gift promotion for new members: FREE share of Disney (US$187.26 as of today) + 60 commission free trades + 500 Tiger coins. If you are interested to sign up a Tiger Brokers account, and do not have a referral link from your friends, please use mine: https://www.tigersecurities.com/accounts?invite=O4JB19

Rebalance local portfolio

by taking some profits from banking stocks and move the capital into REITs and trusts. This shift is to make the existing profit work harder in order to give higher dividend return by end of this year. Up to this month, I would have collected $1489 dividend. Based on my plan, I have set a target to collect about $8000 for year 2021.

*** LATEST NEWS *** Alibaba is fined US$2.8 billion by Chinese Regulators. Bad news is this amount is more than expected. Good news is one big part of uncertainty is removed. Let's see how market would reach to this news on coming Monday; whether its share price has already priced in this amount of fined.

I have added a new member to my oversea portfolio as shown below.

Added Keppel DC Reit @ $2.71.
Added KWEB @ US$78.01.
Added ASHR @ US$38.85.
First purchase of ARKX @ US$20.87.