Tomas Ng

Tomas Ng

Wealth Risk Specialist | Investment Educator

MA in Finance, FRM certified, took mass communication courses. Develops risk models for retail banking at a regional bank. Writes Mingda on Risk column for Yicai Media. Runs YouTube channel Margin of Safety using TV drama clips to explain investment risks.

Latest Articles

Why Should You Pay Attention to Losses Before the SpaceX IPO? How to Read the Financial Data of Growth Companies
Why Should You Pay Attention to Losses Before the SpaceX IPO? How to Read the Financial Data of Growth Companies
Before the SpaceX IPO, focusing on losses is not about assuming loss-making companies are uninvestable. It is about judging the source of losses, revenue quality, cash flow, capital expenditure, and whether valuation matches growth expectations.
How to Read the SpaceX IPO Prospectus? Which Risk Factors Should Retail Investors Focus On?
How to Read the SpaceX IPO Prospectus? Which Risk Factors Should Retail Investors Focus On?
How to read the SpaceX IPO prospectus? From Form S‑1, Risk Factors, financials, Starlink, Starship, AI losses, governance, lock‑ups, and fees—key risks retail investors should focus on.
Why Is the SpaceX IPO Getting So Much Attention? How to Assess Starlink, Rocket Launches, and AI
Why Is the SpaceX IPO Getting So Much Attention? How to Assess Starlink, Rocket Launches, and AI
Why is the SpaceX IPO such a big deal? From Starlink satellite internet, reusable rockets, AI/xAI, Nasdaq listing, valuation, Musk’s control, lock‑ups, and fees—analyze the business logic and risks behind the SpaceX IPO hype.
Is It Safe to Convert Digital Assets Into Fiat? How to Read Deposit/Withdrawal Paths, Reviews, and Risk Controls
Is It Safe to Convert Digital Assets Into Fiat? How to Read Deposit/Withdrawal Paths, Reviews, and Risk Controls
Whether converting digital assets into fiat is safe depends on asset source, deposit and withdrawal paths, fiat receiving accounts, platform review, and exception handling. This guide explains USDT withdrawal risk, fiat conversion safety checks, and how BiyaPay’s conversion and security information can support users.
Why Can't I Suddenly Buy Hong Kong Stocks or U.S. Stocks? First Distinguish Between Rule Restrictions and Account Anomalies
Why Can't I Suddenly Buy Hong Kong Stocks or U.S. Stocks? First Distinguish Between Rule Restrictions and Account Anomalies
You could buy Hong Kong stocks or U.S. stocks yesterday, but today you suddenly cannot place an order.
How to Judge Whether a Stock Account Opening Platform Is Reliable? 2026 Safety Checklist
How to Judge Whether a Stock Account Opening Platform Is Reliable? 2026 Safety Checklist
If you are comparing Hong Kong stock or US stock account opening platforms, the most common mistake is not “choosing the more expensive one,” but mistaking “able to open an account” for “worth opening an account.” What truly determines whether a platform is reliable is usually not advertisements, commissions, or account opening links, but whether you can find regulatory information, understand the review logic, confirm the safety of assets and documents, and anticipate whether subsequent funding and withdrawal will be smooth.
How to Choose a US Stock Deposit Method: Wire Transfer, ACH, and Digital Currency Bridging — Who Is Each Suitable For?
How to Choose a US Stock Deposit Method: Wire Transfer, ACH, and Digital Currency Bridging — Who Is Each Suitable For?
For Chinese users, wire transfer, ACH, and digital currency bridging all seem to be “transferring money into the broker,” but the underlying account conditions, fee structures, arrival rhythms, and review difficulties are different. Mainstream platforms like Charles Schwab International and Interactive Brokers still mainly use wire transfer, ACH, checks, or account transfers as official funding entries.
Avoid Pig Butchering Scams and Unregulated Exchanges: Choose SEC-Regulated Underlying Asset Trading Channels
Avoid Pig Butchering Scams and Unregulated Exchanges: Choose SEC-Regulated Underlying Asset Trading Channels
Stay away from pig butchering scams by selecting SEC-regulated compliant trading channels, avoiding risks from rogue exchanges, protecting your funds, and achieving steady asset growth.
After the Crypto Market's Explosive Bull Run: How to Safely Settle High-Position Cash-Out Funds into U.S. Blue-Chip Stocks?
After the Crypto Market's Explosive Bull Run: How to Safely Settle High-Position Cash-Out Funds into U.S. Blue-Chip Stocks?
After the crypto market's explosive bull run, how to compliantly transfer high-position cashed-out funds into U.S. blue-chip stocks? This article details safe transfers, diversified allocation, and risk control to achieve stable asset settlement.