Broker Name: KGI Securities (Singapore)
Date of Report: 8 April 2026
Excerpt from KGI Securities report.
Report Summary
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OCBC Bank (OCBC SP)
Action: Re-iterate BUY
Target Price: 25
Entry: 21
Stop Loss: 19
Key Idea: OCBC is executing a substantial capital return plan with a 60% payout of earnings, including special dividends and share buybacks. The bank’s diversified income is offsetting lower net interest income, and management is committed to capital return, tightening downside risk and supporting a straightforward equity story.
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United Overseas Bank Ltd (UOB SP)
Action: Re-iterate BUY
Target Price: 40.5
Entry: 35.5
Stop Loss: 33.0
Key Idea: UOB benefits from a constructive policy environment, stable deposit pricing, and front-loaded provisioning, which reduces tail risk and improves earnings visibility for FY26.
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Chow Tai Fook Jewellery Group (1929 HK)
Action: BUY
Target Price: 15
Entry: 11
Stop Loss: 9
Key Idea: Margin expansion driven by a higher mix of fixed-price jewellery and overseas expansion is set to add option value and support the brand transformation narrative.
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Ping An Insurance (2318 HK)
Action: Re-iterate BUY
Target Price: 72
Entry: 52
Stop Loss: 42
Key Idea: Strong growth in new business value (NBV) and investment yield recovery are the main rerating levers, with sustainable shareholder returns.
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AST SpaceMobile Inc. (ASTS US)
Action: BUY
Target Price: 106
Entry: 92
Stop Loss: 85
Key Idea: Transitioning from technology validation to commercial deployment with contracted revenue, strategic telecom and government partnerships, and strong liquidity supports network rollout.
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ATI Inc. (ATI US)
Action: Re-iterate BUY
Target Price: 168
Entry: 146
Stop Loss: 135
Key Idea: Leader in aerospace and defense alloys with a competitive moat and strong growth prospects due to robust industry demand.
above is an excerpt from a report by KGI Securities (Singapore). Clients of KGI Securities (Singapore) can be the first to access the full report from the KGI website : www.kgieworld.sg
