Friday, April 4th, 2025

Category: Market Updates

Bursa KLSE stocksMarket Updates

Rimbunan Sawit on the Rise: Bulls Gear Up for Breakout

minichart
October 15, 2024

Date: October 15, 2024Broker Name: CGS International Stock Overview Rimbunan Sawit (Stock Code: 5113) is involved in the cultivation of oil palms and processing of palm oil. The company owns approximately 13,500 hectares of...

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Bursa KLSE stocksMarket Updates

Bulls Charge Ahead: Alliance Bank Malaysia Poised for Breakout

minichart
October 15, 2024

Date: October 15, 2024Broker Name: CGS International Stock Overview Alliance Bank Malaysia (Stock Code: 2488) provides a comprehensive range of commercial banking services for both retail and institutional customers. These services include savings and...

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Hong Kong stocksMarket Updates

Vitasoy International Holdings Ltd: Bullish Breakout Signals a Promising Uptrend

minichart
October 15, 2024

Date: October 15, 2024Broker Name: CGS-CIMB Retail Research Overview of Vitasoy International Holdings Ltd Vitasoy International Holdings Ltd, listed under HKG: 345, is a company that manufactures and distributes food and beverages. The company...

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Market Updates

Sunny Optical Technology Sees Strong Growth with High-End Product Focus in 4Q24

minichart
October 15, 2024

Date and Broker Information Date of Report: October 14, 2024 Broker: CGS International Securities Overview of Sunny Optical Technology Sunny Optical Technology, a major player in the optical and optoelectronic product manufacturing sector, is...

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Market Updates

Yangzijiang Shipbuilding: Arbitration Proceedings Unlikely to Impact Strong Order Book

minichart
October 15, 2024

Date: October 14, 2024Broker: CGS International Securities Arbitration Proceedings and Potential Impact Yangzijiang Shipbuilding (YZJSB) is currently involved in arbitration over containership contracts worth US$900 million with a customer. These contracts, which are under...

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Market UpdatesSingapore SGX stocks

ST Engineering Clinches S$60m Smart City Contract in Qatar, Driving Growth in the Middle East

minichart
October 15, 2024

Date of Report: October 14, 2024Broker: CGS International Middle East Expansion: S$60m Smart City Contract in Qatar ST Engineering (STE) has secured a notable S$60 million contract with Lusail Real Estate Development Company, a...

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Market Updates

Tencent’s Game Revenue Surge in 3Q24F Boosts Growth Prospects

minichart
October 15, 2024

Date: October 14, 2024Broker: China Galaxy International Securities (Hong Kong) Game Revenue Growth Likely Accelerated in 3Q24F Tencent’s game revenue in the third quarter of 2024 likely saw accelerated growth, driven by its newly...

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Market UpdatesSingapore SGX stocks

Capitaland Ascendas REIT Faces Bearish Reversal: A Technical Sell Recommendation

minichart
October 15, 2024

Date of ReportOctober 15, 2024 Broker NameCGS International Securities Company Overview CapitaLand Ascendas REIT (CLAR) is an industrial real estate investment trust. The Trust invests in various types of properties, including: Business and science...

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Hong Kong stocksMarket Updates

Hang Seng Bank Faces Asset Quality Challenges Amid Sluggish Hong Kong Economy

minichart
October 14, 2024

Date: 14 October 2024Broker: OCBC Investment Research Company Overview Hang Seng Bank (HSB) is the second-largest domestic bank in Hong Kong, with over 200 outlets in the region and approximately 50 outlets in China....

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Market UpdatesSingapore SGX stocks

First Resources: Steady Progress but Long-Term ESG Targets Still Lagging Behind

minichart
October 14, 2024

Date of Report and Broker InformationDate: October 14, 2024Broker: Maybank Research Pte Ltd Company Overview First Resources Ltd. (FR SP) is an integrated oil palm player primarily operating in Indonesia. The company is involved...

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