Broker Name: Lim & Tan Securities
Date of Report: 25 November 2025
Excerpt from Lim & Tan Securities report.
Report Summary:
- Global markets rallied, driven by optimism over a potential US Fed rate cut in December, with Wall Street indexes posting gains and tech stocks outperforming.
- CDL Hospitality Trust entered a new five-year lease for Grand Millennium Auckland, offering downside protection and performance upside; HOLD rating maintained due to limited share price upside.
- CapitaLand Investment (CLI) appointed to shape the retail vision for Coronation Square Mall in Johor Bahru, a major integrated development connected to the upcoming RTS Link; BUY rating maintained given monetization and growth strategy.
- Seres Group, in partnership with Huawei, has become China’s leading luxury EV seller, surpassing legacy brands amid a shifting consumer landscape and ongoing price wars.
- Institutional investors were net sellers while retail investors were net buyers in Singapore stocks for the week of 17 Nov; sector flows varied notably across REITs, tech, and financials.
- Upcoming dividends and distributions listed for multiple Singapore-listed companies, including DBS, Singtel, and Mapletree trusts.
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