Sunday, November 24th, 2024

Category: Market Updates

SATS and SGX

SATS (SGX: S58): Price Correction Ahead, Trading Sell Recommendation: Trading Sell Target Price: S$3.35 Protective Stop: S$3.76 Date of Recommendation: September 9, 2024 Broker Company: UOB Kay Hian Investment Thesis: SATS, a major player...

Bank of America

Bank of America – Regulatory Challenges and Berkshire Hathaway’s Divestment Impact Recommendation: SELL Target Price: Not Provided Broker Company: Lim & Tan Securities Date of Recommendation: September 2024 Investment Thesis: Bank of America (BAC)...

China Coal (HKEX: 1898)

China Coal (HKEX: 1898) and China Shenhua (HKEX: 1088): Coal Price Upticks Amid Tight Supply Recommendation: BUY Target Price for China Coal: HKD 9.7 Target Price for China Shenhua: HKD 38.76 Date of Recommendation:...

Alibaba-SW

Alibaba-SW (HKEX: 9988) and Tencent (HKEX: 700): Strategic Collaboration Through WeChat Pay Integration Recommendation: BUY Target Price for Alibaba: HKD 105.07 Target Price for Tencent: HKD 476.93 Date of Recommendation: September 9, 2024 Broker...

COLI (HKEX: 688) and CR Land (HKEX: 1109)

COLI (HKEX: 688) and CR Land (HKEX: 1109): Extra Incentives for Home Trade-Ins Drive Sector Growth Recommendation: BUY Target Price for COLI: HKD 16.23 Target Price for CR Land: HKD 32.35 Date of Recommendation:...

Automobile – China

Automobile – China Weekly: PV Sales Rebound By 10% yoy; Beat Expectations China’s PV insurance registrations rebounded by 10% yoy and 13% wow to 514,134 units in the week of 26 Aug-1 Sep 2024....

99 Speed Mart Retail (99SMART MK): Offering Speedy Returns from Stable Growth

99 Speed Mart Retail (99SMART MK): Offering Speedy Returns from Stable Growth Recommendation: BUY Target Price: RM2.00 Date of Recommendation: September 9, 2024 IPO Price: RM1.65 Broker Company: UOB Kay Hian Investment Thesis: 99...

Seatrium: Capitalizing on Offshore Opportunities in Brazil’s Oil & Gas and Wind Sectors

Seatrium (SGX: STM): Capitalizing on Offshore Opportunities in Brazil’s Oil & Gas and Wind Sectors Recommendation: BUY Target Price: S$2.31 Date of Recommendation: September 9, 2024 Broker Company: UOB Kay Hian Investment Thesis: Seatrium...

Contemporary Amperex Technology Co. Ltd

Contemporary Amperex Technology Co. Ltd. (CATL, 300750 CH): Dominating the Global EV Battery Market Recommendation: BUY Target Price: RMB250.00 Date of Recommendation: September 9, 2024 Broker Company: UOB Kay Hian Investment Thesis: CATL remains...

Geely Automobile Holdings Ltd

Geely Automobile Holdings Ltd (175 HK): Positioned for Strong Growth with New Model Launches Recommendation: BUY Target Price: HK$13.00 Date of Recommendation: September 9, 2024 Broker Company: UOB Kay Hian Investment Thesis: Geely is...