China Southern Airlines Co Ltd (1055): Soaring to New Heights

China Southern Airlines Co Ltd is experiencing a promising resurgence, marking a significant uptrend. The airline is poised for bullish continuation, indicating potential for substantial growth. Analysts have identified a completion of the larger double three corrective wave, coupled with a falling wedge pattern, suggesting a larger breakout is on the horizon.

The stock has successfully broken past the downtrend line initiated on April 17, 2023, and further confirmed its bullish trend by breaking out of the bullish flag formation on the daily chart. All indicators, including the Ichimoku and MACD, point upwards, highlighting strong momentum.

Key technical indicators such as the Stochastic Oscillator and the Directional Movement Index reinforce this bullish sentiment. With support levels at 3.30 and 2.89, and resistance levels at 5.04 and 6.00, the target prices are set ambitiously at 4.53, 6.00, 9.52, and 10.00. This strategic positioning underscores the analyst’s recommendation for a technical buy as the stock resumes its upward trajectory.

Navigating Singapore: Strategic Insights for 2025

As we approach 2025, investors in the Singapore market are urged to stay agile amidst rising tariffs and trade uncertainties. The market’s focus remains on understanding the inflationary impacts on interest rate outlooks. Analysts emphasize three investment themes: high-yield, high-growth stocks; value-up plays; and interest rates alongside bond yields.

The Singapore market is projected to offer a 4.1% dividend yield for calendar year 2025, underpinned by high Return on Equities (ROEs) of 12.3-12.4%. This is expected to sustain the high dividend yield trajectory. A positive outcome from the Monetary Authority of Singapore’s review could trigger value-unlocking activities within the market.

While US interest rate cut expectations have been moderated, this has already been factored into Real Estate Investment Trusts (REITs) share prices. The market is trading at a 13.6x price-to-earnings ratio for CY25F, with the MSCI Singapore target at 409.3 points, translating into 15x CY25F earnings. Big-cap conviction picks include CLAR, IFAST, SCI, STM, ST, UOB, SATS, STE, YZJSGD, and KEP. For small-cap picks, CSE, HLA, PROP, and SPOST are highlighted. Risks include fewer interest rate cuts in the US and increased geopolitical tensions.

Indonesia: Unveiling Underrated Alpha and Financial Conference Insights

IND: MIDI Utama Indonesia emerges as an underrated alpha within its group. Further insights were gained from the regional financial conference featuring Ping An Bank and Bank Central Asia, offering critical takeaways on financial strategies and market positioning. These insights are crucial for understanding the dynamic shifts within the Indonesian market.