Broker: CGS International
Date of Report: August 14, 2025
Singapore Trendspotter: Capitaland Investment and JYP Entertainment Set for Bullish Gains Amid Global Rate Cut Optimism
Global Market Backdrop: Fed Rate Cut Bets Drive Equity Optimism
Wall Street is abuzz with speculation that the Federal Reserve is poised to begin a series of interest rate cuts, a move that has turbocharged equities and pushed stocks toward record highs. After a benign inflation report, investors ramped up bets on a potential jumbo-sized cut, with Treasury Secretary Scott Bessent hinting at a possible 50 basis point move in September. The S&P 500’s rally from April lows has now reached 30%, while two-year Treasury yields have dropped to 3.68% and the US dollar is retreating against major currencies.
- Current Fed benchmark: 4.25% to 4.5%
- UBS Global Wealth Management forecasts 25-basis-point cuts at every meeting through January 2026, totaling 100 basis points
- Outlook favors equities, quality bonds, and gold
JYP Entertainment Corp: TWICE and Stray Kids Hit Career Highs
South Korea’s JYP Entertainment Corp (KR: JYPE) delivered a blowout second quarter, reflecting surging global demand for its marquee acts TWICE and Stray Kids. The company’s young talents are rapidly expanding their international fanbase, fueling earnings momentum and outpacing analyst expectations.
| Metric |
Q2 2025 Result |
YoY Change |
Consensus Beat |
| Sales |
W216bn |
+126% |
+7% |
| Operating Profit (OP) |
W53bn |
+466% |
+22% |
| Operating Profit Margin (OPM) |
25% |
– |
– |
- Strong earnings driven by global fanbase expansion of existing and younger artists
- Analysts reiterate “Add” rating, target price W100k, based on FY26F EPS and P/E of 27x
Capitaland Investment Ltd: Bullish Uptrend Shows Strength
Singapore’s CapitaLand Investment Ltd (CLI) is demonstrating robust technical and fundamental momentum, positioning itself as a leading global real estate investment manager. With its diverse portfolio spanning integrated developments, retail, office, lodging, and new economy assets, CLI is scaling its funds under management and fee-related earnings.
Technical Buy Details
| Stock Info |
Value |
| Last Price |
S\$2.82 |
| Entry Prices |
S\$2.82, S\$2.64, S\$2.50 |
| Support Levels |
S\$2.60, S\$2.48 |
| Stop Loss |
S\$2.27 |
| Resistance Levels |
S\$2.90, S\$3.20 |
| Target Prices |
S\$3.00, S\$3.18, S\$3.68, S\$4.20 |
Technical Analysis Highlights
- CLI reached first target price of S\$2.87, continuing a strong uptrend
- Uptrend channel remains intact following diamond bottom confirmation
- Strong bullish candle closes above 9-period ichimoku conversion line
- Ichimoku and MACD show sustained bullish signals; MACD line above zero
- Positive MACD histogram and rising Stochastic Oscillator indicate momentum
- 23-period ROC positive, and Directional Movement Index shows steady strength
- Volume expansion remains healthy, supporting further upside
Company Profile
CLI operates as a global real estate investment manager focused on expanding its fund management platform. Its integrated developments and new economy assets are managed directly or through strategic funds, driving fee-related earnings and growth.
Analyst Coverage and Contact
Recommendation Framework
| Stock Rating |
Definition |
| Add |
Total return expected to exceed 10% over the next 12 months |
| Hold |
Total return expected between 0% and +10% over next 12 months |
| Reduce |
Total return expected to fall below 0% over next 12 months |
Total expected return combines the difference between target price and current price, plus forward net dividend yield. Price targets have a 12-month horizon.
Sector and Country Ratings
- Sector Ratings: Overweight, Neutral, Underweight (market cap-weighted basis)
- Country Ratings: Overweight, Neutral, Underweight (relative to benchmark)
Stock Ratings Distribution (Quarter Ended June 30, 2025)
| Rating |
Distribution (%) |
IB Clients (%) |
| Add |
70.6% |
1.1% |
| Hold |
20.5% |
0.5% |
| Reduce |
8.9% |
0.5% |
Coverage: 561 companies for the quarter ended June 30, 2025.
Important Disclosures and Jurisdictional Information
This report includes comprehensive regulatory, distribution, and disclaimer information for global jurisdictions including Hong Kong, Indonesia, Malaysia, Singapore, South Korea, Thailand, Australia, Canada, China, France, Germany, United Arab Emirates, United Kingdom, EEA, United States, Spain, Sweden, and Switzerland. The publication is intended for professional, institutional, and sophisticated investors, with strict restrictions on distribution in certain territories.
Conclusion: Bullish Outlook for CLI and JYPE Amid Favorable Macro Tailwinds
Both Capitaland Investment Ltd and JYP Entertainment Corp are positioned for continued upside, supported by technical and earnings momentum. The broader macro environment of anticipated Fed rate cuts further amplifies the attractiveness of equities, quality bonds, and gold for investors seeking growth and stability in the latter half of 2025.
