Sunday, November 24th, 2024

Category: Market Updates

Weichai (2338 HK) Defends Market Share Amidst August Sales Dip

Date: 23 September 2024Broker: MIB Securities (Hong Kong) Ltd August 2024 Heavy-Duty Truck Sales Performance In August 2024, China’s heavy-duty truck (HDT) market experienced a year-on-year sales decline of 12%, with approximately 62,000 units...

Sinotruk (3808 HK) Sees Market Share Boost Amid August Sales Decline

Date: 23 September 2024Broker: MIB Securities (Hong Kong) Ltd August 2024 Heavy-Duty Truck Sales Performance In August 2024, China’s heavy-duty truck (HDT) sales experienced a 12% year-on-year decline, reaching approximately 62,000 units. Sinotruk (3808...

Suntec REIT Downgraded to ‘Sell’ Amid Concerns Over Operational Performance and Market Uncertainties

Date of Report and Broker Name Date: 20 September 2024 Broker: OCBC Investment Research Company OverviewSuntec REIT, listed on 9 December 2004, holds a diversified portfolio of high-quality properties in Singapore, Australia, and the...

Singtel’s Resilience Amid AGR Dispute: Earnings Impact and Growth Prospects

Date of Report: September 19, 2024Broker: Maybank Research Pte Ltd Key Insights and Market Position Overview:Singapore Telecommunications (Singtel) is a telco conglomerate with significant exposure to quality telecom operators across ASEAN, India, and Australia....

CSOP iEdge SREIT ETF S$: Bullish Rally Continues with Strong Technical Indicators

Date: September 20, 2024Broker: CGS International Securities Overview The CSOP iEdge SREIT ETF S$ has been highlighted in the report as a strong technical buy, driven by favorable market conditions and bullish price action....

Ping An Insurance Group Co of China: Technical Buy Signals Point to Strong Upside Potential

Date: September 20, 2024Broker: CGS International Securities Overview Ping An Insurance Group Co of China, listed with the ticker (2318), is featured in the report as a technical buy. The stock is analyzed based...

Wilmar International Poised for Growth with Interest Rate Cuts and Improved Margins

Date: September 20, 2024Broker: CGS International Securities USA, Inc. Overview Wilmar International is a leading agribusiness group with diverse operations including food products, feed and industrial products, as well as plantations and sugar milling....

Bullish Reversal: Seatrium Ltd’s Recovery Signals a Promising Upswing

Date: September 20, 2024Broker: CGS International Securities Company Overview Seatrium Ltd provides engineering solutions for the offshore, marine, and energy industries. The company specializes in the construction of rigs and floaters, repairs and upgrades,...

SITC International Holdings (1308): Bullish Momentum Resumes with Upside Breakout

Date: September 20, 2024Broker: CGS-CIMB Securities Company Overview SITC International Holdings Co Ltd (1308) is a provider of marine shipping services, focusing on container liner shipping, freight forwarding, customs clearance, shipping agency, and ship...

DBS Group Holdings Ltd Eyes Bullish Surge with Strong Technical Momentum

Date: September 20, 2024Broker: CGS International Securities Company Overview DBS Group Holdings Limited and its subsidiaries offer a variety of financial services, including mortgage financing, lease and hire purchase financing, nominee and trustee services,...