CGS International, January 13, 2026
Excerpt from CGS International report.
- Global markets are experiencing uncertainty due to renewed concerns over the independence of the US Federal Reserve, as political pressures mount and legal confrontations emerge, leading to increased diversification away from the US dollar and heightened interest in traditional hedges like gold.
- Frencken Group Ltd is highlighted as a technical buy, with indicators signaling potential upside after rebounding from a corrective structure, and multiple technical signals (Ichimoku, MACD, Stochastic, volume spike) supporting a bullish outlook; target prices range from S\$1.85 to S\$3.10.
- Bilibili Inc’s China game market is forecast to remain strong in 2026, with new game launches and AI-driven ad revenue growth, resulting in improved financial performance and a reiterated Add rating with a higher target price.
- The report includes extensive disclaimers and jurisdictional notices, clarifying distribution limitations and legal requirements across various regions.
Report Summary
- US monetary policy uncertainty is driving global diversification away from the dollar and toward safe havens.
- Frencken Group Ltd is technically positioned for further upside, backed by multiple bullish indicators and target price projections.
- Bilibili Inc expected to benefit from a strong China gaming market and AI-driven ad revenue, with positive forecasts for 2026.
- Comprehensive legal and jurisdictional disclaimers provided for global distribution.
Above is an excerpt from a report by CGS International. Clients of CGS International can be the first to access the full report from the CGS International website: https://www.cgs-cimb.com/