Sunday, November 24th, 2024

Category: Market Updates

Alibaba Group (9988.HK)

Alibaba Group (9988.HK) Overview Alibaba Group, a global technology and e-commerce giant, is one of the largest companies in China, operating in sectors such as e-commerce, cloud computing, digital media, and financial technology. With...

WuXi AppTec: Growth Amid Geopolitical Challenges

WuXi AppTec: Growth Amid Geopolitical Challenges Overview: WuXi AppTec (603259.SS) is a leading global pharmaceutical contract research, development, and manufacturing organization (CRDMO). Founded in 2000, WuXi AppTec has evolved into a one-stop shop for...

Hyphens Pharma International: Growth Supported by a Healthy Product Pipeline

Hyphens Pharma International: Growth Supported by a Healthy Product Pipeline Overview: Hyphens Pharma International Ltd. (HYP) is a leading specialty pharmaceutical and consumer healthcare company based in Singapore. The company has developed a strong...

Malaysia Banking and Plantation Sector

1. Banking Sector: Solid Earnings Growth but Challenging Valuations Overview: The banking sector delivered solid earnings growth in 2Q24, with earnings up 11% year-on-year (YoY). This performance was largely driven by lower provisions, as...

Maintain Preference for AI-Device Plays Amid High Uncertainty

1. IT Hardware Sector: Maintain Preference for AI-Device Plays Amid High Uncertainty Sector Overview: The IT Hardware sector delivered mixed results in the first half of 2024, with the robust performance of AI-infrastructure businesses...

CSE Global: Temporary Setback, but Strong Growth Prospects

CSE Global: Temporary Setback, but Strong Growth Prospects Company Overview CSE Global Limited (CSE) is a global technology company that provides systems integration and industrial automation solutions, with operations focused on delivering innovative and...

Velesto Energy: A Strong Buy Amidst Rig Market Uncertainties

Investment Recommendation: BUY Velesto Energy (VEB MK) with a target price of RM0.25, offering an upside of 31.5% from the current share price of RM0.19. Investment Thesis: Velesto Energy, Malaysia’s leading jack-up (JU) rig...

Atlantic Navigation Holdings: Capitalizing on Vessel Sales and Transition to Asset-Light Model

Atlantic Navigation Holdings: Capitalizing on Vessel Sales and Transition to Asset-Light Model Overview: Atlantic Navigation Holdings is a leading provider of marine logistics services in the Middle East and Southeast Asia, with a focus...

ST Engineering (STE SP): Poised for Growth Amid Favorable Market Trends

ST Engineering (STE SP): Poised for Growth Amid Favorable Market Trends Overview: Singapore Technologies Engineering (ST Engineering) is a global technology, defense, and engineering group specializing in aerospace, electronics, land systems, and marine sectors....

Wilmar International: A Solid Trading Opportunity

Wilmar International: A Solid Trading Opportunity Stock Recommendation: Rating: Trading Buy Buy Range: S$3.12 – S$3.13 Last Price: S$3.14 Target Price: S$3.35 Protective Stop: S$3.06 Date of Recommendation: September 10, 2024 Broker Company: UOB...