Category: Market Updates

Sunny Optical Poised for Growth with High-End Smartphone Camera Upgrades and Market Share Gains

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October 3, 2024

Date of ReportThursday, 03 October 2024 Broker NameUOB Kay Hian Positive Outlook for High-End Smartphone Camera UpgradesSunny Optical is expected to benefit from the ongoing trend of specification upgrades in high-end smartphones. Industry checks...

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Market Updates

Ping An Set to Benefit from Strong New Business Growth and Market Rebound

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October 3, 2024

Date of ReportThursday, 03 October 2024 Broker NameUOB Kay Hian Optimistic New Business Value (NBV) Growth OutlookPing An is well-positioned to experience strong new business value (NBV) growth in the second half of 2024....

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Market Updates

Meituan Poised for Growth with Easing Competition and Strong Revenue Momentum

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October 3, 2024

Date of ReportThursday, 03 October 2024 Broker NameUOB Kay Hian Benefiting from Easing CompetitionMeituan is expected to benefit from reduced competition in its core segments, particularly in-store, hotel, and travel (ISHT) services. This easing...

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Market Updates

Galaxy Entertainment Gains Market Share with Strategic Expansion and Strong Margins

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October 3, 2024

Date of ReportThursday, 03 October 2024 Broker NameUOB Kay Hian Market Share Gains Through Strategic InitiativesGalaxy Entertainment Group has been making significant strides in expanding its market share, driven by strategic initiatives such as...

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Hong Kong stocksMarket Updates

Crystal Targets Double-Digit Growth with Strong Sportswear Demand and Efficiency Gains

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October 3, 2024

Date of ReportThursday, 03 October 2024 Broker NameUOB Kay Hian Management’s Growth TargetsCrystal International has set ambitious targets for 2024, aiming for double-digit percentage sales growth. The company has turned more optimistic about its...

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Hong Kong stocksMarket Updates

AIA Delivers Strong Growth with Robust Sales in Hong Kong and Mainland China

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October 3, 2024

Date of ReportThursday, 03 October 2024 Broker NameUOB Kay Hian Strong Value of New Business GrowthAIA delivered impressive value of new business (VONB) growth of 25% in the first half of 2024, surpassing UOB...

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Hong Kong stocksMarket Updates

Plover Bay Powers Ahead with Strong Revenue Growth and Expanding Global Demand

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October 3, 2024

Date of ReportThursday, 03 October 2024 Broker NameUOB Kay Hian Continued Growth MomentumPlover Bay has demonstrated strong revenue growth, with momentum continuing into the first eight months of 2024. The company’s revenue in July...

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Market Updates

Geely Accelerates Earnings Growth with Strong EV Line-Up and Robust Export Demand

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October 3, 2024

Date of ReportThursday, 03 October 2024 Broker NameUOB Kay Hian Earnings Growth on the RiseGeely is poised to experience a significant earnings escalation, driven by its robust product line-up and strong export growth. The...

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Market Updates

CATL Rides the Wave of EV Growth with Strong Battery Shipments and Earnings Boost

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October 3, 2024

Date of ReportThursday, 03 October 2024 Broker NameUOB Kay Hian Earnings Growth Driven by EV SalesCATL’s earnings are expected to benefit from the projected 20% compound annual growth rate (CAGR) in global electric vehicle...

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Market Updates

Samsung Electronics Faces Global Workforce Reductions Amid Intensifying Competition

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October 3, 2024

Date of Report: October 3, 2024Broker Name: Lim & Tan Securities Pte Ltd Workforce Reductions in Southeast Asia, Australia, and New Zealand Samsung Electronics has initiated layoffs across Southeast Asia, Australia, and New Zealand,...

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