Wednesday, February 5th, 2025

Category: Market Updates

Hong Kong stocksMarket Updates

China’s Economic Data for August 2024

Minichart
September 16, 2024

China’s Economic Data for August 2024 The data for China’s economic activity in August 2024 was weaker than expected. The highlights of the report include: GDP Growth Forecast: China’s GDP growth is forecasted to...

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Market UpdatesSingapore SGX stocks

UOL Group Ltd – Technical Buy

Minichart
September 16, 2024

UOL Group Ltd – Technical Buy Last Price: S$5.57 Bullish Reversal Confirmed Key Technical Highlights: Entry Prices: S$5.57 S$5.27 S$5.13 Support Levels: Support 1: S$5.29 Support 2: S$5.09 Stop Loss: S$4.49 Resistance Levels: Resistance...

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Hong Kong stocksMarket Updates

Economic Activity in China

Minichart
September 16, 2024

Economic Activity in China Recommendation: OVERWEIGHT China’s economic activity in August 2024 was weaker than expected, with retail sales, industrial production, and fixed asset investment (FAI) missing expectations: Fixed Asset Investment (FAI): FAI growth...

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Hong Kong stocksMarket Updates

China Merchants Bank (CMB): OVERWEIGHT

Minichart
September 16, 2024

Banking Sector in China Recommendation: OVERWEIGHT Top Pick: China Merchants Bank (CMB) (3968 HK) CMB Share Price: HK$29.65 Target Price: HK$42.00 Upside: +41.7% The Chinese banking sector faces a challenging environment due to macroeconomic...

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Hong Kong stocksMarket Updates

Construction Sector in China

Minichart
September 16, 2024

Construction Sector in China Recommendation: MARKET WEIGHT Top Pick: China State Construction Engineering Corporation (CSCEC) (601668 CH) CSCEC Share Price: Rmb4.77 Target Price: Rmb6.09 Upside: +27.7% China’s construction sector continues to struggle amid weak...

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Market Updates

AEONTS Boosts Bottom Line with Gains on Sales in 2QFY24

minichart
September 15, 2024

Date: 16 September 2024Broker Name: UOB Kay Hian Aeon Thana Sinsap (Thailand) (AEONTS), a prominent consumer finance company in Thailand, is expected to deliver a solid performance in its 2QFY24 results, driven primarily by...

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Market UpdatesSingapore SGX stocks

SGX Delivers Strong Performance Amid Growth in Equities, Forex, and Commodities

minichart
September 15, 2024

Singapore Exchange (SGX) The Singapore Exchange (SGX) has shown strong results driven by a robust performance across its cash equities, forex, and commodities divisions. Its diversified revenue streams helped weather some of the volatility...

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Market Updates

Kuaishou’s Bold Moves: Leveraging AI and E-Commerce for Future Growth

minichart
September 15, 2024

Kuaishou Technology (1024 HK) Recommendation: BUY Share Price: HK$38.15 Target Price: HK$70.00 Upside: +83.5% Kuaishou presented a clear strategy for future growth at its 2024 Investor Day, focusing on e-commerce, AI-generated content (AIGC), and...

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Market UpdatesSingapore SGX stocks

Keppel Ltd: Bullish Momentum Signals a Strong Buy Opportunity

minichart
September 13, 2024

Keppel Ltd Investment Recommendation: Buy Technical Analysis of Keppel Ltd Short-Term Outlook (1-2 weeks) Recommendation: BUY based on technical analysis. Recent Price Movement: The share price increased by 7.8% since its low of $5.75...

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Bursa KLSE stocksMarket Updates

My EG Services: Target price of RM1.42.

Minichart
September 13, 2024

My EG Services: Target price of RM1.42. My EG Services remains a top pick due to its strategic investments in the Zetrix blockchain venture, which is expected to bolster future growth. The company maintains...

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