Category: Market Updates

CATL: Driving Future Growth with Strong EV Battery Shipments and Favorable Lithium Trends

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October 2, 2024

Date: 3 October 2024Broker Name: UOB Kay Hian Overview of CATL’s Performance CATL is positioned as a key player in the electric vehicle (EV) battery industry, with robust growth driven by increasing global demand...

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Market UpdatesSingapore SGX stocks

CapitaLand Ascott Trust Expands Singapore Portfolio with Yield-Accretive Acquisition of lyf Funan

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October 2, 2024

Date: October 2, 2024Broker: UOB Kay Hian Private Limited Company Overview CapitaLand Ascott Trust (CLAS) is a real estate investment trust (REIT) that invests in income-producing real estate, primarily used as serviced residences, rental...

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Market UpdatesSingapore SGX stocks

Expanding Horizons: Mapletree Industrial Trust Strengthens Tokyo Presence with Strategic Acquisition

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October 2, 2024

Date: October 1, 2024Broker: CGS International Acquisition of a Mixed-Use Property in Tokyo On October 1, 2024, Mapletree Industrial Trust (MINT) announced its acquisition of a 98.47% stake in a mixed-use property located in...

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Market UpdatesSingapore SGX stocks

Upward Surge: Sea Limited’s Strategic Shifts Propel Stock to New Highs

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October 2, 2024

Date: 2 October 2024Broker: OCBC Investment Research (OIR) Company Overview Sea Limited is a global consumer internet company based in Singapore. It operates three core businesses: digital entertainment (Garena), e-commerce (Shopee), and digital payments...

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Market Updates

WuXi AppTec Surges Amid Investor Optimism and Robust Growth Outlook

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October 2, 2024

Date of Report: 2 October 2024Broker: OCBC Investment Research Company Overview WuXi AppTec, founded in 2000, is a leading global contract research, development, and manufacturing organization (CRDMO). Headquartered in Shanghai, the company has grown...

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Market UpdatesSingapore SGX stocks

Geo Energy Resources Ltd: Strategic Investments Drive Resilient Growth Amid Coal Market Challenges

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October 2, 2024

Date and Broker Information Date: October 2, 2024 Broker: KGI Securities (Singapore) Pte. Ltd. 1H24 Financial Performance Geo Energy Resources Ltd reported a 14% year-on-year (YoY) decline in net profit, totaling US$24.2 million for...

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Market UpdatesSingapore SGX stocks

ST Engineering Positioned for Strong Growth Amid Global Defence Tailwinds

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October 2, 2024

Date: October 2, 2024Broker: CGS International Securities Company Overview ST Engineering (STE) is a conglomerate based in Singapore, with operations spanning aerospace, defence, public security, and smart city solutions. As of October 2024, the...

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Hong Kong stocksMarket Updates

Techtronic Industries Positioned for Growth Amid Rate Cuts and Innovation Expansion

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October 2, 2024

Date of Report2 October 2024 Broker NameOCBC Investment Research Company Overview Techtronic Industries (TTI) is a global leader in designing, manufacturing, and marketing power tools, outdoor power equipment (OPE), and floor care products. Founded...

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Market Updates

China Life Insurance: Beneficiary of China’s Economic Support Amidst Volatile Markets

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October 2, 2024

Date: 2 October 2024Broker: OCBC Investment Research Company Overview China Life Insurance is a leading life insurance company based in Beijing, China. It is a core member of China Life Insurance (Group) Company, a...

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Market Updates

Anta Sports: Leading the Charge in China’s Athletic Apparel Market with Innovative Strategies

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October 2, 2024

Date: October 2, 2024Broker: UOB Kay Hian Company Overview Anta Sports Products Limited is a leading sportswear company in China, renowned for its extensive range of athletic footwear, apparel, and accessories. Market Position Prominent...

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