Friday, October 18th, 2024

Day: September 30, 2024

Bursa KLSE stocksMarket Updates

RHB Bank: Upgraded to Buy Amid Strong Profit Growth and Improved Asset Quality

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September 30, 2024

Date of Report: 30 September 2024Broker: UOB Kay Hian Company OverviewRHB Bank is one of Malaysia’s leading financial institutions, offering a wide range of banking and financial services to retail, corporate, and institutional customers....

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Market Updates

United Tractors: Facing Coal Price Pressures Amid Optimistic Machinery Sales

minichart
September 30, 2024

Date of Report: 30 September 2024Broker: UOB Kay Hian Company OverviewUnited Tractors is involved in the distribution and leasing of construction machinery from brands such as Komatsu, Nissan, and Scania. The company also engages...

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Market Updates

Huize Holding: Navigating Growth Challenges with Strategic Market Expansion

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September 30, 2024

Date of Report: 30 September 2024Broker: UOB Kay Hian Company OverviewHuize Holding operates as an insurance technology platform that connects consumers, insurance carriers, and distribution partners through data-driven and AI-powered solutions. The company focuses...

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Market UpdatesSingapore SGX stocks

Sailing into New Horizons: Mermaid Maritime Secures Record-Breaking Orders

minichart
September 30, 2024

Date: September 30, 2024Broker Name: CGS-CIMB Securities Orderbook at an 11-Year High As of 2Q24, Mermaid Maritime’s (MMT) orderbook reached an impressive US$976 million, the highest in 11 years. This substantial orderbook increase is...

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Market Updates

Building Momentum: Longfor Group Holdings Ltd Poised for Reversal

minichart
September 30, 2024

Date: September 30, 2024Broker: CGS International Company Overview Longfor Group Holdings Ltd, listed on the Hong Kong Stock Exchange (HKG: 960), is a real estate development company. It develops and markets residential areas, office...

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Bursa KLSE stocksMarket Updates

Gamuda Secures Major Wind Farm Project, Strengthening Global Expansion Strategy

minichart
September 30, 2024

Date of ReportSeptember 30, 2024 Broker NameCGS International Securities Company OverviewGamuda Berhad is a Malaysian engineering, property, and infrastructure company with a strong presence in large-scale projects. The company is known for its expertise...

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Bursa KLSE stocksMarket Updates

Superlon Holdings Surges with Breakout Momentum and Bullish Market Sentiment

minichart
September 30, 2024

Date of ReportSeptember 30, 2024 Broker NameCGS International Securities Company OverviewSuperlon Holdings Bhd is an investment holding and management company. Through its subsidiary, the company designs, tests, and manufactures thermal insulation materials primarily for...

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Bursa KLSE stocksMarket Updates

Resurgence in Buying Interest Fuels Malaysia Smelting Corporation’s Breakout Momentum

minichart
September 30, 2024

Date of ReportSeptember 30, 2024 Broker NameCGS International Securities Company OverviewMalaysia Smelting Corporation Berhad (MSC) is engaged in smelting tin concentrates and tin-bearing materials. The company also produces refined tin metal and by-products. Through...

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Hong Kong stocksMarket Updates

New World Development Shifts Focus to Deleveraging Amid Leadership Change and Dividend Halt

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September 30, 2024

Date: September 27, 2024Broker: CGS International Securities FY6/24 Results Overview New World Development (NWD) reported disappointing FY6/24 results, which were within expectations. The company recorded a net loss of HK$19.7 billion, falling within its...

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Market Updates

China Merchants Bank: Leading Retail Banking and Positioned for Strong Recovery

minichart
September 30, 2024

Date: September 27, 2024Broker Name: CGS International Securities Overview China Merchants Bank (CMB) is positioned as one of the top picks in the Chinese banking sector, known for its strong retail banking operations and...

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