Category: Market Updates

Alibaba Group: AI and Cloud Strategies Set to Drive Future Growth

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September 30, 2024

Date: September 27, 2024Broker: OCBC Investment Research Company Overview Alibaba Group, headquartered in China, is the largest online and mobile commerce company worldwide in terms of Gross Merchandise Volume (GMV). Its key platforms include...

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Market Updates

Thanachart Capital: Cautious Outlook Amid Rising Credit Costs in 2024

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September 30, 2024

Date of Report: 30 September 2024Broker: UOB Kay Hian Company OverviewThanachart Capital is a leading financial services company based in Thailand. The company operates primarily through its subsidiaries, offering a wide range of financial...

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Market UpdatesSingapore SGX stocks

SEA: Strategic Moves Poised to Unlock Growth Opportunities

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September 30, 2024

Date of Report: 30 September 2024Broker: UOB Kay Hian Company OverviewSEA Limited is a leading global consumer internet company with operations across several key business segments, including e-commerce, digital entertainment, and financial services. SEA...

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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

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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

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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

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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

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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

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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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