Broker Name: Maybank Research Pte Ltd
Date of Report: 8 January 2026
Excerpt from Maybank Research Pte Ltd report.
- Report Summary
- Sea Ltd is upgraded to BUY after a sharp correction, presenting an attractive risk-reward profile with key risks largely priced in. Shopee’s strategic investments and market rationalisation provide monetisation upside, while Garena risk is limited.
- Singapore’s 2025 equity strategy focused on certainty, driven by AI, policy reforms, and rational competition, benefitting stocks like CICT, CD, CSE, GRAB, MLT, OCBC, SGX, SSG, and ST.
- Market news highlights: Centurion Accommodation REIT received approval for expanded bed capacity, maintaining BUY rating; PC Partner to delist from HKEX and focus on SGX; Lum Chang Holdings JV entered a data centre venture in Malaysia with no immediate financial impact; Qian Hu guided for a net loss for FY25 due to non-recurring income and asset value changes.
Above is an excerpt from a report by Maybank Research Pte Ltd. Clients of Maybank Research Pte Ltd can be the first to access the full report from the Maybank Research Pte Ltd website: https://www.maybank.com/