Category: Market Updates

Hong Kong stocksMarket UpdatesSingapore SGX stocks

China Bank Cuts Interest Rates

Minichart

September 25, 2024

China Bank Cuts Interest Rates The People’s Bank of China (PBOC) has recently implemented a series of interest rate cuts to stimulate economic growth. This move is aimed at addressing ongoing concerns regarding China’s...

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Market UpdatesSingapore SGX stocks

DFI: possibility of a special dividend from the sales of Yonghui Superstores.

Minichart

September 24, 2024

DFI Retail Group Holdings Ltd. (DFI SP) operates in over 12 markets, focusing on four divisions: food, health & beauty, home furnishings, and restaurants. Stock Data: Share price: US$2.03 Target price: US$2.57 (indicating a...

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Bursa KLSE stocksMarket Updates

VS Industry: Strong FY24 Performance with Trade Diversion Opportunities Driving Growth

minichart

September 24, 2024

Date: 25 September 2024Broker: UOB Kay Hian Company Overview VS Industry (VSI MK) is a leading provider of electronics manufacturing services, specializing in the manufacturing of plastic parts and components, precision mold making, contract...

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Bursa KLSE stocksMarket Updates

Scientex: Strong Property Sales Drive Record Earnings Amid Packaging Resilience

minichart

September 24, 2024

Date: 25 September 2024Broker: UOB Kay Hian Company Overview Scientex (SCI MK) is one of the largest industrial packaging companies globally and a niche property developer in Southern Malaysia. The company has a diversified...

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Bursa KLSE stocksMarket Updates

MyNews Holdings: Recovery on Track but Valuations Remain Stretched

minichart

September 24, 2024

Date: 25 September 2024Broker: UOB Kay Hian Company Overview MyNews Holdings (MNHB MK) is the largest homegrown convenience store chain in Malaysia. The company has been on a path of recovery, although its valuations...

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Market Updates

Astra International Poised for Growth with Rate Cuts and Expanding Electric Vehicle Lineup

minichart

September 24, 2024

Date: 25 September 2024Broker: UOB Kay Hian Company Overview Astra International (ASII IJ) is a conglomerate involved in distributing and assembling automobiles, motorcycles, and spare parts. The company operates in various sectors, including mining,...

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Market UpdatesSingapore SGX stocks

UNITED OVERSEAS BANK LTD: Pioneering Productivity with Generative AI Integration

minichart

September 24, 2024

Date: 23 September 2024Broker: OCBC Investment Research (OIR) Generative AI Implementation United Overseas Bank Ltd (Ticker: UOB SP) has positioned itself as a frontrunner in adopting generative AI (GenAI) within the banking sector. UOB...

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Market UpdatesSingapore SGX stocks

DBS GROUP HOLDINGS LTD: Leading the AI Revolution in Banking with Over 800 AI Models

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September 24, 2024

Date: 23 September 2024Broker: OCBC Investment Research (OIR) AI Leadership in the Banking Sector DBS Group Holdings Ltd (Ticker: DBS SP) has emerged as a global leader in AI strategy within the banking sector....

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Market UpdatesSingapore SGX stocks

SINGAPORE TELECOMMUNICATIONS: Pioneering AI-Powered Connectivity with NVIDIA Partnership

minichart

September 24, 2024

Date: 23 September 2024Broker: OCBC Investment Research (OIR) AI Integration with NVIDIA Partnership Singapore Telecommunications (Ticker: ST SP) is making significant strides in integrating AI into its business operations through a collaboration with NVIDIA....

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Market UpdatesSingapore SGX stocks

SEA LTD-ADR: Navigating AI Challenges with Strategic Caution

minichart

September 24, 2024

Date: 23 September 2024Broker: OCBC Investment Research (OIR) Introduction Sea Ltd (Ticker: SE US), a major player in the communication services sector, is grappling with the challenges posed by the transition to AI. Despite...

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