Broker Name: Lim & Tan Securities
Date of Report: 31 December 2025
Excerpt from Lim & Tan Securities report.
Report Summary
- The FSSTI Index closed at 4,655.4, up 0.5% for the day and 22.9% year-to-date, with Singapore and regional markets showing robust performance.
- CapitaLand Investment Limited (CLI) successfully raised S\$150 million in the first close of its India Data Centre Fund, aimed at developing AI-ready, sustainable data centres in India, with plans to double capacity by 2027.
- CLI maintains a strong and diversified real estate portfolio across India, and is seen as well-positioned to capitalize on growth in data centres and benefit from a lower interest rate environment.
- HG Metal, a major steel distributor in the region, reported lower revenue due to a shorter reporting period and declining steel prices, but improved profit margins and cash flow; it is investing in sustainable steel and expanding capacity.
- China’s property developer Vanke seeks to extend domestic bank loans by up to 10 years to reduce liquidity risks, reflecting ongoing financial pressures in China’s real estate sector.
- Institutional investors were net sellers in Singapore equities while retail investors were net buyers for the week of 15 December 2025.
- The report includes updates on share buybacks, dividend distributions, and upcoming corporate events relevant to the Singapore market.
Above is an excerpt from a report by Lim & Tan Securities. Clients of Lim & Tan Securities can be the first to access the full report from the Lim & Tan Securities website: https://www.limtan.com.sg