Category: Market Updates

Jiumaojiu International Holdings (9922 HK): Resilient Recovery and Optimistic Outlook for 2H24

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October 22, 2024

Date of Report October 22, 2024 Broker UOB Kay Hian Company Overview Jiumaojiu International Holdings is a leader in China’s north-western cuisine and specializes in Chinese sauerkraut fish. The company operates several catering brands,...

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Market Updates

Apple’s iPhone 16 Launch in Indonesia Faces Potential Delays Amid TKDN Certification Challenges

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October 22, 2024

Date: October 22, 2024Broker: UOB Kay Hian Overview Apple Inc. is currently facing challenges regarding the launch of its iPhone 16 series in Indonesia due to regulatory requirements related to the local component level...

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Market Updates

SCB X Surpasses Profit Expectations Despite Muted Loan Growth

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October 22, 2024

SCB X Overview Date: October 21, 2024Broker: CGS International Securities Financial Performance 3Q24 Net Profit: THB 10.9 billion Year-on-Year Growth: +13.2% Quarter-on-Quarter Growth: +9.3% Comparison to Consensus Forecast: 6.6% above Bloomberg consensus, 8.8% higher...

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Market Updates

Expanding Horizons: Bank Syariah Indonesia’s Strategic Growth in Gold, Bancassurance, and Hajj Savings

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October 22, 2024

Date: October 21, 2024Broker: CGS International Securities Key Takeaways from Kuala Lumpur Non-Deal Roadshow (NDR) Event: CGS International hosted Bank Syariah Indonesia (BRIS) management on a non-deal roadshow in Kuala Lumpur from October 15-17,...

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Market Updates

Strong Buy Rating Reaffirmed for IPH Limited Amid Stabilizing Patent Filings and Strategic Growth Prospects

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October 22, 2024

Date of Report: 21 October 2024Broker: Petra Capital Overview IPH Limited (IPH) is a professional services company specializing in intellectual property (IP) services, particularly patent filings. The company operates primarily in Australia, New Zealand,...

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Bursa KLSE stocksMarket Updates

Alpha IVF: Expanding Internationally with Strong Growth Prospects

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October 22, 2024

Date of Report: 22 October 2024Broker: UOB Kay Hian Company Overview Alpha IVF is a renowned network of fertility centers across the ASEAN region, managed by leading doctors and embryologists known for their significant...

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Market Updates

Orbost Production Surge Positions Cooper Energy for Strong FY25 Performance

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October 22, 2024

Date: 21 October 2024Broker: Petra Capital Overview Cooper Energy Limited (COE) continues to show robust performance driven by its strategic initiatives in production and ongoing projects. As per the latest report, the company has...

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Market Updates

Kasikornbank Faces Challenges Yet Shows Resilience with Strong Non-Interest Income Growth

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October 22, 2024

Date of Report: October 21, 2024Broker Name: CGS International Securities (Thailand) Co. Ltd. 3Q24 Financial Performance Overview Kasikornbank (KBANK) reported a 3Q24 net profit of THB12 billion, reflecting a 6.1% year-on-year increase but a...

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Market Updates

Krung Thai Bank’s Q3 Profit Boosted by Investment Gains Despite Loan Challenges

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October 22, 2024

Broker Name: CGS InternationalDate: October 21, 2024 Q3 2024 Financial Performance Krung Thai Bank (KTB) reported a net profit of THB11.1 billion for Q3 2024, showing an 8.0% year-over-year (yoy) increase but a slight...

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Market Updates

Investment Gains Boost Krung Thai Bank’s 3Q24 Profit

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October 22, 2024

Date: October 22, 2024Broker: CGS International Securities 3Q24 Financial Performance Krung Thai Bank (THB) reported a notable improvement in net profit for the third quarter of 2024. The increase in profitability was primarily driven...

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