Weili Chiu is a skilled investment professional. A Singaporean of Chinese descent, he excelled in academics at a young age. At aged 12, he was second in Singapore in the National Primary School Leaving Examinations. In the Singapore Armed Forces, he was an officer with the combat engineers. He obtained a GIC scholarship to study Philosophy, Politics and Economics at University College, the University of Oxford. At Oxford he was the President of the Asia Pacific Society. He joined GIC and served at the Gold Unit as a gold trader, an FX trader with the Developed Markets Group and founded and headed the Quant Team at the FX department. After leaving GIC, he worked in a family office RIVIER CAPITAL MANAGEMENT as a senior investment professional. He is now the CEO of Empire Capital, a proprietary trading firm actively trading in U.S. equities.

Below are his views:

October 15, 2025

Macro update: Hefty ETFs inflows into the U.S. markets drives momentum as any dip is bought; expect S&P to peak at 6800.

July 2, 2025

Dollar in crisis due to big and beautiful bill; adding three trillion to the deficit every year; ten years 30 trillion. U.S. stock market is experiencing a bullish breakout over 4.9% corporate earnings growth in the second quarter. Target: 7000 in the S&P with a stoploss of 6100.

August 21, 2025

Macro update: expect a test of 4830 in the S&P 500 in coming quarters as tariff induced inflation ticks up due to front loading inventory drying up and firms pass price increases to consumers.

September 3, 2025

Macro update: Expect a move to 6182.9 this week in S&P and a rise of 350 pips thereafter.

January 15, 2026

Profit target for S&P: 7500 to 7800; corresponding to 10-14% gain in 2026.

An impressive gain of 30% of MSCI China in 2025 may induce institutional investors currently underweight China to be in line with their equity benchmarks; this could prompt a further rise of Chinese equities. The fundamental view behind the move in 2025 was sparked by deepseek’s release and more importantly fueled by the rise of innovation in China. China will shed its uninvestible status