Reasons why Singaporean investor Lian is selling off Chinese equities

Reasons why Singaporean investor Lian is selling off Chinese equities

Singaporean investor Anndy Lian has been selling off Chinese equities for months in order to lessen the vulnerability of his portfolio to the second-largest economy in the world.

Once a frequent investor in Chinese software firms, Lian now sees China as a riskier investment as the economy is clouded by the nation’s autocratic turn under President Xi Jinping and ongoing “zero COVID” lockdowns.

In a conversation with Al Jazeera, Lian told that he had started gradually lowering his exposure since 2021 as that was the time when the downward trend had become obvious. He has sold off his holdings this year as things seem to have gotten worse.

He further stated that his main worry as an investor was instability. At the moment, China’s general climate is unstable, and this affects more than just the financial industry.

Lian is one of an increasing number of foreign investors who are abandoning China after several years of record inflows.

The first quarter of this year saw the biggest ever fall in foreign investors’ holdings of assets denominated in yuan from China, totaling more than USD 150 billion.

Between February and May, there was a USD 61 billion sell-off in Chinese bonds alone. Approximately USD 300 billion could leave the country this year, more than twice the USD 129 billion that left last year, according to predictions made by the Institute of International Finance, a think tank based in Washington.

As investors evaluate the risks of harsh COVID restrictions and broad crackdowns on private enterprise, which have ensnared industries ranging from tech to real estate and education, the tendency reflects an increasingly pessimistic economic picture.

After growing by 4.8% in the first quarter, China’s economy barely escaped contraction in the second quarter, expanding by just 0.4%.

The impacts of the crackdown on the IT industry last year, which wiped out the stock values of big giants like Alibaba, Tencent, and Didi, are still being felt, according to Lian.

 

Original Source: https://internationalfinance.com/reasons-investor-anndy-lian-selling-chinese-equities/

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

j j j

OpenStream World Added New Backers: Angel Investor, Anndy Lian is One of them

OpenStream World Added New Backers: Angel Investor, Anndy Lian is One of them

Hanoi, 4th Jan 2022, ZEXPRWIREAnndy Lian has invested in startup tech company, OpenStream World (OSW), joining the other backers and partners into their ecosystem to help their business grow. MG Ventures, Crypto Pros, Crypto Xenos and Blockcast.cc were the newly added partners. Anndy Lian, a blockchain thought leader and investor based in Singapore has also formally announced that he has angel invested into the company at this early stage. There will be other investors annouced in the later stages.

“The journey to building our ecosystem is not easy. I am delighted to have early backers and partners involved in our startup at this current moment. We will continue to invite more partners to join our ecosystem so to build our platform in the right direction for the global target audiences.” Y Tran, Co-Founder and COO of OpenStream World said.

“The OSW founders took a different approach to share their ideas with me. They first helped to manage our Discord servers for BigONE Exchange and Asia Blockchain Community. Then they showed us how their technology is useful in the various social media. Their selling points become very obvious after showcasing to us live. This is also one of the reasons why I have decided to be their angel investor.” Anndy Lian commented.

Anndy Lian is known in the space as an early adopter and has given advice to various governments. He is currently the Chairman for Asia at BigONE Exchange and Chief Digital Advisor at Mongolia’s national productivity statutory board. He is also a book author, keynote speaker and investor.

OpenStream World is a decentralized video streaming network; built to enable scalable, easy to host, interactive online events. Tran added: “Over the past few years, the world has seen a proliferation of smartphone users, which has dramatically changed the way we produce and consume digital content. People have taken up the role of content “producer”, from recording/live streaming events, such as concerts and film festivals, to video blogs, e.g., travel, tutorial, product review, and live gaming video streaming.

Limited by the shortcomings of traditional platforms, which fail to reward the content creator and viewers adequately, we have seen in recent years the rise of platforms that reward content producers and in some cases also the viewers, leading to a win-win environment for both content producer and viewer. One of the much-anticipated use cases for blockchain-based video streaming platforms is indeed in the domain of live streaming and gaming/eSports.

Some of the major prospective advantages offered by blockchain-based video streaming applications include empowering creators and artists, blockchain-based CDNs, privacy and piracy protection, and energy-saving. Partnerships are very important at this stage of the business. We appreciate all the support we can get.”

OSW is a system that includes many products related to streaming technology and video streaming networks. The core components include:

  1. OpenStream Core: this is a platform built on blockchain, providing livestream services under the IAAS model (Infrastructure As A Service – Providing hardware infrastructure as a service).  All other products in the ecosystem will use the livestream technology from this Core set.
  2. Stream Node Forger: provides hardware resources for OpenStream Core, needs a network of Nodes from all over the world: install programs, implement transcoding algorithms for live streams. In return, the owners of the Nodes will be rewarded with tokens from the project.
  3. OpenStream Apps: This is a live streaming application that inherits the infrastructure from OpenStream Core and develops the main functions to create interaction between the livestreamer and the viewer.  In addition, you can share videos to other platforms at the same time
  4. NFT Marketplace: more than an exchange of NFT products, this is where digital product owners can promote their products.
  5. IOSO (Initial Open Stream Offering): this is a new funding mechanism for blockchain projects, it inherits some properties of the IndieGoGo fundraising platform and limits the negatives in other forms of fundraising (ICO such as ICO, etc.).

Openstream World is developed by a team with rich experience in both technology and Blockchain. They have more than 3 years of experiences in developing projects related to livestreaming and the blockchain payment mechanism, serving hundreds of thousands of users. In addition, they have members who have managed large projects such as Safemoon, and Yooshi. To date, they have more than 100,000 community members. The company is led by Founder and CTO Khoa Trinh, a graduate from HCMC University of Technology with a Bachelor degree in Computer Science and was working for LienViet Post Bank before starting OpenStream World and Co-Founder Y Tran who held many important positions such as Business Analyst, Project Manager in domestic and foreign companies.

OpenStream World will continue to work towards its goal to grow its footprints in the international markets with its decentralized technologies.

About OpenStream World

OpenStream World is a decentralized video streaming network; built to enable scalable, easy to host, interactive online events. Through the power of open source software, we optimize the use of resources like computational power and bandwidth, and use crypto-economic incentives for bootstrapping and participation; there is an opportunity here to deliver an infrastructure that can power video streaming applications at a highly efficient price, and infinite scale.

Read more: https://www.digitaljournal.com/pr/openstream-world-added-new-backers-angel-investor-anndy-lian-is-one-of-them#ixzz7HHNrI3xb

https://www.sohu.com/a/514408569_120071948?spm=smpc.sub-channel.fd-news.5.16413444001450UNl7UC

http://www.blockchaintoday.co.kr/news/articleView.html?idxno=20516

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

j j j

Anndy Lian Joins Light Defi as an Investor and Independent Advisor to Lead on ESG and Blockchain Efforts

Anndy Lian Joins Light Defi as an Investor and Independent Advisor to Lead on ESG and Blockchain Efforts

São Paulo, Brazil, Dec. 13, 2021 (GLOBE NEWSWIRE) — Light DeFi is a crypto asset created on the Binance Smart Chain to revolutionize the renewable energy sector building photovoltaic plants, gathering the concepts of sustainability and Decentralized Finances (DeFi).

Light DeFi’s community was crucial to bringing the new investor to the sustainable project in blockchain technology. It started with a tweet and active engagement from a loyal community willing to conquer the best they can make to a revolutionary project, which connects blockchain and sustainability. Through a tweet in which Blockchain expert Anndy Lian wrote that to save the planet, the first step would be to join in the clean energy space, Light DeFi’s committed community took action. Many euphoric community participants replied by writing about Light DeFi’s revolutionary project in the expert’s tweet.

On Twitter itself, Light DeFi CEO Germano Sales replied directly to Anndy, and it was there that an exchange of messages took place. The CEO of Light DeFi and Anndy Lian scheduled a call right away. Germano Sales explained Light DeFi and the photovoltaic plant project that started in the second half of November after purchasing the land, which was announced during the first Light Day event in São Paulo, which brought developers and the ecosystem participants.

The highly positive conversation ended with Anndy Lian as an investor and independent advisor of Light Defi. The subject of sustainability has already gained a special time of the pioneer in Blockchain technology, whether in-depth in the area or personal attitudes related to the environment. Anndy is also linked to the ESG concept. This acronym defines investments that prioritize sustainability, with values that include an environmental, social, and governance approach, factors that help balance companies. Lian has already put into practice in companies and projects that he is an advisor.

“Emerging distributed ledger technologies (DLT), such as blockchain can help to drive more favourable enterprise environmental, social and governance outcomes. In my humble opinion, blockchain is the digital enabler for sustainable efforts. I think Light Defi has it all. I am looking forward to their photovoltaic plant project.” Anndy Lian said.

“Thank you Anndy for the faith in investing into us. We only want the best for our project and Anndy fits nicely to equation. With increasing demand from professional and institutional investors for ESG-friendly crypto products, Light Defi would be their preferred choice.” CEO Germano Sales added.

Light DeFi’s project, which is already building its first photovoltaic plant, was crucial to Anndy’s decision to become an investor and independent advisor. The author of the best-seller “Blockchain Revolution 2030” and a former member of Hyundai DAC got fascinated by the Light Group project. And after a busy day full of tweets, meetings, and negotiations, Anndy ended its day questioning on his Twitter what else Light DeFi could do to call billionaire Elon Musk’s attention, concluding his tweet with an “anything is possible.”

About Light Defi:

Light DeFi is a crypto asset created on the BSC (Binance Smart Chain) to revolutionize the renewable energy sector building photovoltaic plants, gathering the concepts of sustainability and Decentralized Finances (DeFi).

Created on August 8, 2021, in a short time, Light DeFi has also received a vital certificate from Certik, the company responsible for auditing platforms such as PancakeSwap, Binance, and Polygon.

The LIGHT token achieved remarkable recognition in the market by being listed on Coinmarketcap, considered the largest platform globally for the verification of the price of cryptoactives in the market. Through CoinMarketCap, Light DeFi has already reached four times the top ranking of the best daily results among the tokens listed on the site.

 

Original Source: https://finance.yahoo.com/news/anndy-lian-joins-light-defi-045900868.html

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

j j j