Hangzhou

Broker's Calls

New China developments to boost CapitaLand’s earnings this year, and beyond

SINGAPORE (July 5): Maybank Kim Eng Research is maintaining its “hold” call on property developer CapitaLand at an unchanged target price of $3.75, while noting that valuations appear fair following its strong rally in the year to date.

Broker's Calls

Growth opportunities abound for Best World beyond China

SINGAPORE (May 22): DBS Vickers Securities continues to rate Best World International at “buy” with an adjusted target price of $1.65 after hosting the developer, manufacturer and distributor of skincare and wellness products’ non-deal roadshow (NDR

Best World International recognised as direct selling company in China

SINGAPORE (Nov 21): Best World International has been recognised by China’s Ministry of Commerce (MOFCOM) as the latest addition to the list of direct selling companies in China on its website, says the group in a release last Thursday.

CapitaLand’s Ascott expands presence in China with 8 new serviced residences

SINGAPORE (Nov 10): CapitaLand today announced its wholly-owned serviced residence business unit, The Ascott Limited, will be expanding its presence in China after inking contracts to manage eight new serviced residents in China’s cities of Beijing, Cho

Results

EC World REIT reports DPU of 0.991 cents in maiden results, 2.5% shy of forecasts

SINGAPORE (Oct 28): EC World Asset Management, the manager of newly-listed EC World REIT, announced a distribution per unit (DPU) of 0.991 cents for its first reporting period from Jul 28 to Sept 30 – 2.5% under the forecast 1.016 cents due to a shortfa

More to China’s G20 Summit than Obama’s plane squabble

SINGAPORE (Sept 7): Described by some as “uneventful” and “short on substance”, the recently-concluded G20 Summit in Hangzhou was unfortunately overshadowed by a squabble over a mobile stairway.

With less near-term worries, China’s policymakers may think bigger for G20

SINGAPORE (Aug 29): HSBC Global Research believes China’s policymakers will be seeking to advocate a “more medium-term agenda” for the global economy in next week’s G20 Leaders Summit.

5 reasons to NOT participate in EC World REIT’s IPO

SINGAPORE (July 19): Religare is recommending investors “do not participate” in the upcoming Singapore initial public offering (IPO) for EC World REIT, citing a number of downside risks.

Best World International’s subsidiary granted direct selling licence in China

SINGAPORE (July 1): Best World International announced subsidiary Best World (Zhejiang) Pharmaceutical Co. (BWZ) was granted on Thursday a direct selling licence by China’s Ministry of Commerce.
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