Market View: No more 15-month wait to buy HDB resale, China's New Chip Giant, Apple's Comeback & Japan's Cutest Box Office Battle

Michelle starts with the news of the day: the removal of the 15-month wait-out period. From today, private residential property owners who purchase a non-subsidised HDB resale flat without taking an HDB housing loan will no longer be subject to the 15-month wait-out period. Why has the Government made the change, and what could it mean for Singapore's HDB resale market? Then we turn to China, where the country's semiconductor ambitions have taken another leap. Chipmaker CXMT has made a spectacular stock market debut, with shares soaring nearly 500% and its founder pledging billions of dollars in employee bonuses. Meanwhile, Apple has reclaimed the title of the world's most valuable company from Nvidia, while SpaceX has seen its valuation shrink by the equivalent of an entire Tesla. We'll also unpack mixed earnings and the latest results from Singapore-listed REITs.See omnystudio.com/listener for privacy information.