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Market UpdatesSingapore SGX stocks

Hong Fok Corp Ltd Technical Analysis: Inverted Head and Shoulder Signals Bullish Trend – Singapore Retail Research Nov 2025

Posted on November 25, 2025 at 9:09 am (GMT+8)

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Broker Name: CGS International
Date of Report: November 25, 2025

Excerpt from CGS International report.

Report Summary

  • Hong Fok Corporation Ltd is highlighted as a technical buy, with an inverted head and shoulders formation and multiple technical indicators confirming sustained bullish momentum and a potential uptrend.
  • Singapore’s inflation exceeded expectations in October 2025, driven by rising healthcare and car prices, and is forecasted to further increase in 2026 due to ongoing healthcare costs and high COE premiums.
  • The report also notes Alibaba’s Qwen AI app as a fast-rising competitor to ChatGPT in China, emphasizing the strategic significance of this launch for Alibaba’s long-term business and valuation.

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

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