Category: Market Updates

Policy Support and Strong Premium Growth Boost Prospects for China Pacific Insurance

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September 30, 2024

Date of Report: 30 September 2024Broker Name: OCBC Investment Research Beneficiary of Policy Support China Pacific Insurance (CPIC) stands to benefit from the Chinese government’s recent policy measures aimed at supporting the economy and...

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Market Updates

AI-Driven Innovation and Cloud Expansion Propel Alibaba Group Forward

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September 30, 2024

Date of Report: 30 September 2024Broker Name: OCBC Investment Research Alibaba Cloud’s Key Strategies At the annual APSARA conference, Alibaba Cloud presented three key strategies aimed at driving growth: Promoting Higher Cloud Adoption: Targeting...

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Market UpdatesSingapore SGX stocks

Bullish Momentum Continues for Seatrium Ltd: Short-Term Upside Expected

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September 30, 2024

Date: 30 September 2024Broker: Lim & Tan Securities Stock Overview Seatrium Ltd is currently experiencing a bullish trend, particularly in the short term. The stock’s price has surged by more than 10% since the...

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Market UpdatesSingapore SGX stocks

Shopee: Navigating New Frontiers with Strategic Partnerships and Competitive Pricing

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September 30, 2024

Date of Report 30 September 2024 Broker UOB Kay Hian Overview Shopee, part of Sea Ltd, has developed an integrated platform that includes digital entertainment, e-commerce, and digital financial services. The platform is localized...

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Market Updates

Longfor Group Holdings Ltd: Promising Buy Opportunity with Strong Growth Targets

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September 30, 2024

Date: September 30, 2024Broker: CGS International Securities Company Overview Longfor Group Holdings Ltd is a property development company based in China. The company specializes in the development and management of residential and commercial properties....

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Market Updates

Yuexiu Property Co Ltd: Strategic Buy Signals Amidst Positive Market Trends

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September 30, 2024

Date: September 30, 2024Broker: CGS International Securities Company Overview Yuexiu Property Co Ltd is involved in property development and investment. The company focuses on residential and commercial properties in China. Technical Analysis Yuexiu Property...

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Market UpdatesSingapore SGX stocks

Wilmar International Ltd: Bullish Reversal Signals Strong Upside Potential

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September 30, 2024

Date: September 30, 2024Broker: CGS International Securities Company Overview Wilmar International Ltd operates as a food processing company. The company is involved in a wide range of services including oil palm cultivation, edible oil...

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Market UpdatesSingapore SGX stocks

Manulife US REIT Achieves Key Milestone with Strategic Capitol Mall Divestment and Debt Reduction Plan

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September 30, 2024

Date of Report: 30 September 2024Broker: Lim & Tan Securities Pte Ltd Capitol Mall Divestment Manulife US Real Estate Investment Trust (MUST) announced the divestment of its property at 400 Capitol Mall, a 29-storey...

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Market UpdatesSingapore SGX stocks

Wing Tai Holdings: Navigating Losses with Resilient Core Business and Future Growth Plans

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September 30, 2024

Date of Report: 30 September 2024Broker: Lim & Tan Securities Pte Ltd Financial Performance for FY24 For the financial year ended 30 June 2024, Wing Tai Holdings recorded a total revenue of S$169.2 million,...

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Bursa KLSE stocksMarket Updates

Gamuda Secures Major MYR0.7b Wind Farm Project, Strengthening RE and E&C Leadership

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September 30, 2024

Date of ReportSeptember 29, 2024 BrokerMaybank Investment Bank Berhad Overview of Gamuda Gamuda Berhad (GAM MK) is a leading engineering and construction (E&C) player, known for its expertise in highly technical tunneling works and...

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