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BAIDURI CAPITAL HOSTS WEBINAR LOOKING AT GLOBAL MARKET IMPACT OF US ELECTIONS
26 November 2020

In line with its efforts of keeping its investors up to date on important developments in the global financial markets, Baiduri Capital held a webinar that focused on effects of the recently concluded United States Presidential Elections and its impact on the international markets.

The webinar, aptly titled: “The US Election Outcome and Its Impact on the Global Markets”, was conducted by Sun Wan Xin from Phillip Securities, who specializes in the Hong Kong market.

As the United States is the world’s largest economy, the US Presidential Elections can greatly affect the performance of the US stock market due to the political uncertainties and market expectations.

The webinar took an in-depth look at the outcomes of this year’s elections and assessed how the new president will be looking to introduce policies that will impact the country’s corporate tax. These new policies will greatly impact a range of sectors in the US, especially in the Technology Industry. Wan Xin also paid special attention to how the introduction of these policies could affect the relationship between the US and China, its biggest trade partner.

Mr Peng Eng Soon, General Manager of Baiduri Capital said: “With the recent conclusion of the US Elections, it will be interesting to see how the global market will be affected. This is a rare opportunity to have an in-depth look at the global stock market at a very crucial time, and as part of our efforts to constantly educate our customers, we wanted to hold this seminar to equip our investors with a more global perspective as well as enhance their knowledge on regional and international market trends through a real life scenario.”

Established in 2015, Baiduri Capital is a wholly-owned subsidiary of Baiduri Bank, specialising in securities trading and investment products. Through its secure, web-based, online securities trading portal, the first in the country, customers can trade in SGX (Singapore), HKEx (Hong Kong), China A-Share, Bursa Malaysia, the New York Stock Exchange (NYSE), NASDAQ Stock Market as well as the NYSE MKT LLC (AMEX).

Further information on Baiduri Capital and its products can be found at Baiduri Bank website at www.baiduri.com or by calling the Bank’s 24-hr Customer Helpline at 244 9666.


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