Category: Market Updates

WuXi AppTec Surges Amid Investor Optimism and Robust Growth Outlook

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October 2, 2024

Date of Report: 2 October 2024Broker: OCBC Investment Research Company Overview WuXi AppTec, founded in 2000, is a leading global contract research, development, and manufacturing organization (CRDMO). Headquartered in Shanghai, the company has grown...

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Market UpdatesSingapore SGX stocks

Geo Energy Resources Ltd: Strategic Investments Drive Resilient Growth Amid Coal Market Challenges

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October 2, 2024

Date and Broker Information Date: October 2, 2024 Broker: KGI Securities (Singapore) Pte. Ltd. 1H24 Financial Performance Geo Energy Resources Ltd reported a 14% year-on-year (YoY) decline in net profit, totaling US$24.2 million for...

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Market UpdatesSingapore SGX stocks

ST Engineering Positioned for Strong Growth Amid Global Defence Tailwinds

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October 2, 2024

Date: October 2, 2024Broker: CGS International Securities Company Overview ST Engineering (STE) is a conglomerate based in Singapore, with operations spanning aerospace, defence, public security, and smart city solutions. As of October 2024, the...

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Hong Kong stocksMarket Updates

Techtronic Industries Positioned for Growth Amid Rate Cuts and Innovation Expansion

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October 2, 2024

Date of Report2 October 2024 Broker NameOCBC Investment Research Company Overview Techtronic Industries (TTI) is a global leader in designing, manufacturing, and marketing power tools, outdoor power equipment (OPE), and floor care products. Founded...

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Market Updates

China Life Insurance: Beneficiary of China’s Economic Support Amidst Volatile Markets

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October 2, 2024

Date: 2 October 2024Broker: OCBC Investment Research Company Overview China Life Insurance is a leading life insurance company based in Beijing, China. It is a core member of China Life Insurance (Group) Company, a...

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Hong Kong stocksMarket Updates

Link REIT: Capitalizing on Demand for Quality Retail and Commercial Properties in Hong Kong

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October 2, 2024

Date of Report October 1, 2024 Broker Name CGS International Securities Company Overview Link REIT is a prominent real estate investment trust in Hong Kong, primarily focused on the ownership, management, and development of...

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Market Updates

AAC Technologies: Innovating for Success in China’s Technology and Manufacturing Landscape

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October 2, 2024

Date of Report October 1, 2024 Broker Name CGS International Securities Company Overview AAC Technologies is a leading company in the technology sector, specializing in the manufacturing of micro-acoustic components, haptic devices, and optical...

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Market Updates

BYD: Driving Forward as China’s Leading Player in the Electric Vehicle Revolution

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October 2, 2024

Date of Report October 1, 2024 Broker Name CGS International Securities Company Overview BYD is a prominent company in the automotive sector, recognized as a leading manufacturer of electric vehicles (EVs) and batteries in...

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Hong Kong stocksMarket Updates

AIA Group: Positioned for Growth in Asia’s Insurance Market Amidst Economic Recovery

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October 2, 2024

Date of Report October 1, 2024 Broker Name CGS International Securities Company Overview AIA Group is a leading insurance company in Asia, offering a comprehensive range of insurance and financial services, including life insurance,...

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Market Updates

PDD Holdings: Positioned for Growth as China’s E-Commerce Landscape Evolves Amid Economic Stimulus

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October 2, 2024

Date of Report October 1, 2024 Broker Name CGS International Securities Company Overview PDD Holdings is a prominent player in the consumer discretionary sector, primarily focused on e-commerce and online retail in China through...

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