Sunday, November 24th, 2024

Category: Market Updates

AP Thailand Poised for Growth Amidst Challenging Market Conditions in 3Q24

Date: October 29, 2024Broker: UOB Kay Hian 3Q24 Performance Overview AP (Thailand) is expected to report a net profit of Bt1.36 billion in the third quarter of 2024, marking a 17% year-on-year (yoy) decline...

Sinopharm Group (1099 HK): Downgrade Amid Weak Revenue Outlook and Policy Challenges

Date of Report: October 29, 2024Broker Name: UOB Kay Hian Company Overview Sinopharm Group (1099 HK) is the largest pharmaceutical distributor in China, operating primarily in healthcare distribution with an extensive network. It has...

PTT Exploration & Production: Navigating Profit Declines with Strategic Shifts

Date of Report: October 29, 2024Broker: UOB Kay Hian Private Limited Company Overview PTT Exploration & Production Public Company Limited (PTTEP) is a Thailand-based energy company involved in the exploration, production, and development of...

Northeast Group: Poised for Growth with Strategic Expansion and Market Recovery

Report Date and Broker Information Date: October 29, 2024 Broker: UOB Kay Hian Private Limited Company Overview Northeast Group Berhad (NE) is a newly listed precision engineering components manufacturer specializing in the photonics, electronics,...

Resilient Growth Amid Challenges: Mapletree Pan Asia Commercial Trust’s Strategic Moves in Asia

Date of Report: October 29, 2024Broker Name: UOB Kay Hian Private Limited Company Overview Mapletree Pan Asia Commercial Trust (MPACT) is an income-producing real estate investment trust (REIT) listed on the Singapore Exchange (SGX)...

Mah Sing Group Expands Data Centre Partnership with Landmark RM311 Million Land Sale

Date of ReportOctober 29, 2024 Broker NameUOB Kay Hian Private Limited Company Overview Mah Sing Group Berhad (Bloomberg ticker: MSGB MK) is one of Malaysia’s leading property developers, known for its rapid turnaround strategy....

Goldwind Science & Technology (2208 HK): Record Order Backlog and Strong Earnings Propel Growth

Date of Report: October 29, 2024Broker: UOB Kay Hian Private Limited Company Overview Goldwind Science & Technology (2208 HK) is the largest wind turbine generator (WTG) manufacturer in China, holding over 30% of the...

Steady Growth and Strategic Expansion: Foshan Haitian Flavouring & Food’s Path Forward

Date of ReportOctober 29, 2024 BrokerUOB Kay Hian Company Overview Foshan Haitian Flavouring & Food Company Ltd. specializes in manufacturing food seasonings and condiments. The company develops, produces, and distributes a wide range of...

China Resources Building Materials Tech (1313 HK): Cement Sales Outlook Revised Amidst Strategic Shift

Date of Report: October 29, 2024Broker: UOB Kay Hian Company Overview China Resources Building Materials Technology, traded under ticker 1313 HK, is a major player in the production, distribution, and sale of cement, clinker,...

iFAST Corporation Achieves Record Growth with Strong 3Q24 Performance and Rising AUA

Date of Report: October 29, 2024Broker: UOB Kay Hian Private Limited Company Overview iFAST Corporation (iFAST) is a fintech wealth management platform based in Singapore, providing a broad range of investment products and services...