Market View: Nvidia’s CEO Jensen Huang embarks on China tour during Beijing antitrust probes and AI curbs; Chinese officials reportedly discussing sale of TikTok US to Elon Musk as a possible option; ARM Holdings developing long-term strategy to hike pric

Money Matters with Hongbin Jeong and Chua Tian Tian

Singapore shares were trading in the negative territory today, after overseas markets closed mixed.

As at the midday break, the Straits Times Index (STI) was down 0.1 per cent at 3,786.46 points after 481.1 million securities changed hands in the broader market.

In terms of counters to watch, we have First Real Estate Investment Trust after it received a preliminary non-binding letter of intent from Siloam International Hospitals to acquire its portfolio of hospital assets in Indonesia.

Elsewhere, from how NVIDIA’s chief Jensen Huang is embarking on a trip to China this week to how Chinese officials are reportedly evaluating a potential option that involves Elon Musk acquiring the US operations of TikTok – more international and corporate headlines remain in focus.

On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with Too Jun Cheong, Assistant Dealing Manager from Moomoo Singapore.

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