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A place for the Singapore investment community to share information, research and updates.
SGX Academy has been at the forefront of investor education with year-round programmes. For World Investor Week 2024, SGX Academy have curated a series of webinars to boost your financial literacy and investment skills. Don’t miss out and register via the links below!
📚 15 Oct: Get Started: Beginner’s Guide to Investing bit.ly/3Ua2eyD
🧩 17 Oct: Get Skilled-Up: Building a Resilient Portfolio bit.ly/3U7Zn9n
🏖️ 22 Oct: Get Ready: Retirement Planning – Maximising your Nest Egg bit.ly/3Yo0eph
🦸♀️ 6 Nov: Financial Empowerment for Women: Mastering the Basics of Investing and ETFs bit.ly/3YlFK01
Prime US REIT: A 4-Year Financial Performance Breakdown and Insights from Management
https://www.thesingaporeaninvestor.sg/2024/09/30/prime-us-reit-a-4-year-financial-performance-breakdown-and-insights-from-management/?utm_source=rss&utm_medium=rss&utm_campaign=prime-us-reit-a-4-year-financial-performance-breakdown-and-insights-from-management
The Edge Singapore
TSMC plans more chip plants in Europe, says Taiwan official https://t.co/XQ6a4ltOl9
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TSMC plans more chip plants in Europe, says Taiwan official
Read: https://link.theedgesingapore.com/55zKbMj9G76tcCB76
Follow us on: @theedgesg
The Edge Singapore
Goldman Sachs upgrades China growth forecasts on latest stimulus https://t.co/QsA7l6XB0t
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UK fintech firms push government to back growth, IPO dreams
https://www.businesstimes.com.sg/companies-markets/banking-finance/uk-fintech-firms-push-government-back-growth-ipo-dreams
Goldman Sachs upgrades China growth forecasts on latest stimulus
Read: https://link.theedgesingapore.com/zKZVd3nvijCdjwmR8
Follow us on: @theedgesg
Brokers’ take: RHB expects better rental rates for Centurion; lifts target price
https://www.businesstimes.com.sg/companies-markets/brokers-take-rhb-expects-better-rental-rates-centurion-lifts-target-price
Gold eases as US dollar strengthens; traders eye Fed cues
https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-eases-us-dollar-strengthens-traders-eye-fed-cues
Sasseur Reit hits record 276.1 million yuan Golden Week sales as China’s domestic consumption surges
https://www.businesstimes.com.sg/companies-markets/sasseur-reit-hits-record-276-1-million-yuan-golden-week-sales-chinas-domestic-consumption-surges
3 Singapore REITs with dividend yields above 6%
https://growbeansprout.com/singapore-reits-dividend-yield-mpact-mlt
7-Eleven is at the heart of the Japanese 'konbini' culture
https://www.cnbc.com/video/2024/10/10/7-eleven-is-at-the-heart-of-the-japanese-konbini-culture.html
Singapore's economy grew 4.1% in Q3 of 2024: MTI advance estimates
https://www.channelnewsasia.com/singapore/singapore-economy-grew-41-q3-2024-mti-advance-estimates-4672826
TSMC third-quarter profit seen jumping 40% on strong AI chip demand
https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/tsmc-third-quarter-profit-seen-jumping-40-strong-ai-chip-demand
China driving oil markets in a 'different way' this year: S&P Global
https://www.cnbc.com/video/2024/10/14/china-driving-oil-markets-in-a-different-way-this-year-sp-global.html
GSTC CEO: Barcelona tourists and locals face 'unique' clash
https://www.cnbc.com/video/2024/10/14/gstc-ceo-barcelona-tourists-and-locals-face-unique-clash.html
Portfolio & Dividends Update : 1st Half 2023
https://stestocksinvestingjourney.blogspot.com/2023/07/portfolio-dividends-update-1st-half-2023.html
4 Singapore Blue-Chip Stocks That Raised Their Dividends Over the Past 3 Years
Although the pandemic is now behind us, many businesses had to struggle through those… https://thefinance.sg/?p=1650886
Goldman upgrades China growth forecasts on latest stimulus
https://www.straitstimes.com/business/economy/goldman-upgrades-china-growth-forecasts-on-latest-stimulus
Here are the 3 key themes driving a stronger U.S. Dollar right now: Strategist
https://www.cnbc.com/video/2024/10/14/here-are-the-3-key-themes-driving-a-stronger-us-dollar-right-now.html
Morning update ⏰
👀 Singapore 3Q GDP advance estimate: Key sectors to watch
Singapore’s robust 3Q24 GDP growth of 4.1% y/y and 2.1% q/q has raised optimism for full-year expansion. MAS now expects GDP growth to come in around the upper end of the 2-3% forecast range, while DBS’ forecast is at 2.7%. What are the key takeaways and which stocks do we like?
https://go.dbs.com/3NmFYxM
🤝 China/Hong Kong market: Constructive communication
China’s Ministry of Finance outlined four key initiatives and its frank and constructive communication may help reassure markets and stabilise deteriorating expectations around the top leaders’ commitment to introduce new measures. We maintain a positive outlook on Hong Kong stocks. Which sectors and stocks stand out?
https://go.dbs.com/3Yq7dgf
For property, we prefer high-yield SOEs that will benefit from implementation of PBOC’s new tools to support capital markets. Which are these?
https://go.dbs.com/3UbLaZ9
Singapore REITs Monthly Update (September 8th, 2024)
https://mystocksinvesting.com/singapore-reits/singapore-reits-monthly-update-september-8th-2024/?utm_source=rss&utm_medium=rss&utm_campaign=singapore-reits-monthly-update-september-8th-2024&utm_source=rss&utm_medium=rss&utm_campaign=singapore-reits-monthly-update-september-8th-2024
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DBS VICKERS Daily Newsletter | 14 October 2024
Curated Headlines for 14 October 2024
South China Morning Post
Mobius joins Goldman Sachs bet on China boost for emerging-market equities
‘The total pool of money coming into emerging markets will expand,’ veteran investor says. ‘You will see this whole market move.’
https://www.scmp.com/business/markets/article/3282167/mobius-joins-goldman-sachs-bet-china-boost-emerging-market-equities?module=top_story&pgtype=section
China’s investors left wanting after ministry keeps mum on stimulus plan
Without measures to excite a volatile market, a high-profile conference from China’s Ministry of Finance leaves investors disappointed
https://www.scmp.com/economy/policy/article/3282104/chinas-investors-left-wanting-after-ministry-keeps-mum-stimulus-plan?module=top_story&pgtype=section
Electric buses: can 100% tariff pain kill China’s resolve to dominate global market?
As China’s market matures, exports hold the key to future profitability for Yutong, Foton and peers in rivalry with European electric-bus producers
https://www.scmp.com/business/china-business/article/3282016/electric-buses-can-100-tariff-pain-kill-chinas-resolve-dominate-global-market?module=top_story&pgtype=subsection
The Business Times
China puts investor patience to test as briefing underwhelms
https://www.businesstimes.com.sg/international/china-puts-investor-patience-test-briefing-underwhelms
Japanese F&B operator Food Innovators Holdings aims for Singapore listing to be springboard to Asia
The company has announced it is planning to raise S$3.1 million in its IPO, through 14 million new shares to be issued at S$0.22 apiece
https://www.businesstimes.com.sg/companies-markets/consumer-healthcare/japanese-fb-operator-food-innovators-holdings-aims-singapore-listing-be-springboard-asia
The Wall Street Journal
Apple Headset Stalls, Struggles to Attract Killer Apps in First Year
Virtual-reality software developers haven’t embraced Vision Pro, which has lower-than-expected sales in its first year
https://www.wsj.com/tech/personal-tech/apple-vision-pro-software-sales-fec324c0?mod=hp_listc_pos1
Barron’s
Stocks Poised for Lower Open
Stocks are poised for a slightly lower open on Monday, ahead of more third-quarter earnings reports from banks and other financial institutions.
https://www.barrons.com/articles/stocks-futures-trading-new-york-2b5a7543?mod=hp_minor_pos22&_gl=1*17gfspm*_gcl_au*OTE3NzkxMjE2LjE3MjQxOTY4NTQ.*_ga*ODQ0MDY0MDUxLjE3MTU4MTcyMTQ.*_ga_K2H7B9JRSS*MTcyODg2Mzg3NS4yMC4xLjE3Mjg4NjQxOTQuNjAuMC4w
Goldman Sachs, Netflix, United Airlines, TSMC, and More Stocks to Watch This Week
Third-quarter earnings season ramps up this week, with nearly 1-in-10 S&P 500
SPX
+0.61%
companies scheduled to report. The latest U.S. economic data and an interest-rate decision by the European Central Bank will be the highlights on the macro calendar.
https://www.barrons.com/articles/goldman-sachs-netflix-united-airlines-tsmc-stocks-markets-3d33d320?mod=hp_minor_pos23&_gl=1*zdfm5q*_gcl_au*OTE3NzkxMjE2LjE3MjQxOTY4NTQ.*_ga*ODQ0MDY0MDUxLjE3MTU4MTcyMTQ.*_ga_K2H7B9JRSS*MTcyODg2Mzg3NS4yMC4xLjE3Mjg4NjQzMzEuNjAuMC4w
Berkshire Sells More Bank of America Stock; Now Holds 10% Stake
Berkshire Hathaway sold 9.5 million shares of Bank of America
BAC +4.95% stock in recent days for about $382 million and now holds a 10% stake in the banking company after substantially reducing its interest since mid-July.
https://www.barrons.com/articles/berkshire-bank-of-america-stock-c4aa3656?mod=hp_minor_pos22&_gl=1*2yv09w*_gcl_au*OTE3NzkxMjE2LjE3MjQxOTY4NTQ.*_ga*ODQ0MDY0MDUxLjE3MTU4MTcyMTQ.*_ga_K2H7B9JRSS*MTcyODg2Mzg3NS4yMC4xLjE3Mjg4NjQwMzguNTguMC4w
Maybank IBG Hong Kong - Dim Sum Daily (14 Oct 2024)
1️⃣ Hong Kong stocks advanced 3% before the long weekend as investors anticipated that new fiscal stimulus measures would be announced by the Ministry of Finance (MOF) on Saturday, 12 Oct. The China consumer sector outperformed, with CR Beer (291 HK) +10.4% and Geely Auto (175 HK) +9.3%.
2️⃣ No specific fiscal stimulus quantum were unveiled during the MOF brief on Saturday, Hong Kong and China’s stock markets are likely to stay neutral or reverse into negative sentiment.
3️⃣ This week, the market’s focus will be on China economic data releases (3Q24 GDP, retail sales, industrial production and fixed asset investment).
Trade Your Way Forward. Simple, Smart and Seamlessly.
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#MaybankIBGDimSum
Local farms push ahead with international collaborations to further Singapore’s 30 by 30 plan
https://www.businesstimes.com.sg/companies-markets/local-farms-push-ahead-international-collaborations-further-singapores-30-30-plan
Hyundai India starts $3.3 billion IPO in country's largest ever share sale
https://www.channelnewsasia.com/business/hyundai-india-starts-33-billion-ipo-countrys-largest-ever-share-sale-4676321
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OIR Singapore Stocks: Dividend Yield Monitor (14 October 2024)