CapitaLand Integrated Commercial Trust – Bullish Reversal in an Early Stage

CLP Holdings Ltd – Technical Buy

[[2]] CLP Holdings Ltd is rated as a technical buy, with entry prices at 66.25, 64.20, and 63.20. The stop loss is set at 61.55, and the target prices are 71.50, 78.70, 88.50, and 94.00.

Kuaishou Technology – Technical Buy

[[2]] Kuaishou Technology is also rated as a technical buy, with entry prices at 60.80, 56.00, and 48.00. The stop loss is set at 43.65, and the target prices are 75.50, 82.70, 117.50, and 179.00.

AIA Group – Tackling Low-Hanging Fruits

[[2]] The report identifies an opportunity for AIA to re-rate upon disclosure of more financial targets or positive revisions to existing targets at its FY24F results. The previous announcements of targets at its 1Q24 and 1H24 helped its share price increase 6% on both those dates. The report suggests that AIA’s disclosure of targets lags other HK-listed financial institutions with global operations, and identifies possible easy wins for target disclosures. The report reiterates an “Add” rating on AIA, with a target price cut to HK\$103, primarily due to raising the weightings of a P/BV-based valuation to 50% to reflect a greater focus on operating ROE.

New World Development – Stringent Measures in Place to Deleverage

[[2]] The report discusses New World Development’s stringent measures in place to deleverage.

Mr. D.I.Y. Group (M) Bhd – FY25F Will Be a Better Year for MRDIY

[[2]] The report states that FY25F will be a better year for Mr. D.I.Y. Group (M) Bhd.

CapitaLand Integrated Commercial Trust – Bullish Reversal in an Early Stage

[[2]] The report provides a technical analysis of CapitaLand Integrated Commercial Trust (CICT), stating that the stock has entered a bullish reversal in an early stage. The report highlights the following key points:
The stock has broken above the downtrend overhead resistance and the consolidative range.
Prices are trending above all Ichimoku indicators.
The MACD histogram is positive, and the MACD/signal line is rising steadily above the zero line.
The Stochastic Oscillator is rising.
The 23-period ROC is rising steadily and has closed above the zero line.
The Directional Movement Index is showing sustained bullish strength.
Volume has been expanding in a healthy fashion.
Based on these technical indicators, the report recommends a technical buy on CICT, with entry prices at 2.00, 1.96, and 1.89. The stop loss is set at 1.84, and the target prices are 2.13, 2.25, 2.50, and 2.89.