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Shenzhen
Hong Kong's economy may soon be eclipsed by the Chinese city next door
(Sept 6): Hong Kong is on the verge of seeing its economy surpassed in size by the former fishing village Shenzhen, a role reversal long foreshadowed by China’s massive supply of cheap labor and subsidized capital.
September 06, 2017
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.
July 05, 2017
Results
Sino Grandness’ FY16 earnings nearly triple to $118 mil despite 4Q loss
SINGAPORE (Feb 28): Sino Grandness Food Industry saw FY16 earnings nearly triple to RMB578.2 million ($118 million) from a year ago on higher revenue and other operating income as well as lower finance costs.
February 28, 2017
RHB strategy for 2017
A better year for Keppel
SINGAPORE (Jan 12): RHB is keeping its “buy” call on Keppel Corp with a target price of $6.52 on the basis that its property and infrastructure arms, Keppel Land and Keppel Infrastructure, will continue to support the group’s earnings.
January 12, 2017
Broker's Calls
China and Vietnam will drive growth for this property group
SINGAPORE (Dec 1): CIMB is maintaining its “add” recommendation and target price of $4.17 on CapitaLand after observing healthy demand at the group’s projects in Guangzhou, Shenzhen and Vietnam.
December 01, 2016
SilkAir starts Singapore-Fuzhou route
SINGAPORE (Nov 21): Singapore Airlines’ regional airline SilkAir has launched its new flight to Fuzhou, China, the eighth Chinese city in its route network after Changsha, Chengdu, Chongqing, Kunming, Shenzhen, Wuhan and Xiamen.
November 21, 2016
Keppel wins $36 mil contract from Shenzhen Energy Environment Engineering
SINGAPORE (Oct 5): Keppel Seghers Belgium NV, a wholly-owned subsidiary of Keppel Corp division Keppel Infrastructure Holdings, on Sept 9 secured a US$26.7 million ($36 million) contract from repeat customer Shenzhen Energy Environment Engineering to prov
October 05, 2016
Watch out Singapore, Hong Kong: Shanghai top pick to become next financial hub
(Sept 28): Shanghai ranks as the top pick among the world’s cities expected to become significant global financial centres in the next few years, according to a survey of finance professionals.
September 28, 2016