Broker Name: CGS International
Date of Report: November 25, 2025
Excerpt from CGS International report.
- Keppel Corp Ltd is in a strong parabolic uptrend, with technical indicators supporting a bullish outlook. The report suggests adding to positions, targeting higher prices in the near term.
- Alibaba’s Qwen AI app achieved over 10 million downloads in a week after its relaunch, positioning Alibaba as a major AI player in China where ChatGPT is unavailable. This move is seen as significant for Alibaba’s future valuation.
- Singapore’s core and headline inflation rose above expectations in October 2025, mainly driven by higher healthcare and car costs. Inflation is expected to remain elevated into 2026.
- The report provides an overview of Keppel Corp’s business segments and a detailed disclaimer on the distribution and intended audience of the research.
Report Summary:
- Keppel Corp remains a technical buy due to sustained bullish momentum and strong uptrend signals.
- Alibaba’s rapid Qwen app adoption highlights its growing AI presence and could impact its valuation.
- Singapore inflation is rising, driven by healthcare and car-related expenses, and is forecasted to continue increasing into 2026.
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
