KGI Securities Singapore

2021-09-22 04:00:06 Watch Now: KGI’s Call For The Day

Evergrande Group - Too big to fail?
(Part 1)

@kgisg Open / Comment

2021-09-22 03:50:01 Top Stories, 22 September 2021

1. Asia Stocks Set for Muted Open With Focus on China: Markets Wrap
https://www.kgieworld.sg/research/yuoj

2. CME’s CBL Global Emissions Offset (GEO) futures contract is a market-based solution built on an international framework, and is positioned to harmonize the buying and selling of offsets from registries and emission reduction projects around the world.
Find out more about emissions trading:
https://www.kgieworld.sg/futures/carbon-offset-futures

3. China to Stop Building New Coal-Fired Power Projects Abroad
https://www.kgieworld.sg/research/k9e3

4. USD/JPY reaches multi-month lows near 109.20 ahead of FOMC, BOJ
https://www.kgieworld.sg/research/jtku

5. Senior Republican Dismisses Default Risk, Says Treasury Can Act
https://www.kgieworld.sg/research/aftn

6. Bitcoin Drops Below $40,000 as Regulatory Drumbeat Grows
https://www.kgieworld.sg/research/ufxn
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@kgisg Open / Comment

2021-09-22 03:45:01 TRADING IDEAS: HONG KONG
22 September 2021

Xinjiang Goldwind Science & Tech Co Ltd (2208 HK): Do not let the market headwinds shadow the stock tailwinds
Buy Entry – 15.5 Target – 18.5 Stop Loss – 14

AviChina Industry & Technology Company Limited (2357 HK): Defence is defensive amid the market downturn
Reiterate Buy Entry – 5.2 Target – 6.0 Stop Loss – 4.85


Read More: https://www.kgieworld.sg/research/22sephk
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@kgisg Open / Comment

2021-09-22 03:30:04 TRADING IDEAS: SINGAPORE
22 September 2021

CapitaLand Investment (CLI SP): The new game in town
BUY Entry – 3.15 Target – 3.45 Stop Loss – 3.00

Yangzijiang (YZJSGD SP): Stay calm and buy the dip
Reiterate BUY Entry – 1.48 Target – 1.71 Stop Loss – 1.40


Read More: https://www.kgieworld.sg/research/22sepsg
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@kgisg Open / Comment

2021-09-21 04:03:47 Top Stories, 21 September 2021

1. Gold Edges Higher as Havens Rally on Growing Evergrande Fears
https://www.kgieworld.sg/research/shyv

2. CME’s CBL Global Emissions Offset (GEO) futures contract is a market-based solution built on an international framework, and is positioned to harmonize the buying and selling of offsets from registries and emission reduction projects around the world.
Find out more about emissions trading:
https://www.kgieworld.sg/futures/carbon-offset-futures

3. Evergrande Blowup Ensnares Stocks With Pretty Flimsy China Links
https://www.kgieworld.sg/research/e25u

4. Ethereum bears gain control, ETH price targets $2,500
https://www.kgieworld.sg/research/djkc

5. Mining stocks carnage as iron ore, copper prices fall
https://www.kgieworld.sg/research/r1m3

6. Stocks Set to Extend Drop; Dollar, Treasuries Up: Markets Wrap
https://www.kgieworld.sg/research/o07k
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@kgisg Open / Comment

2021-09-21 04:00:01 Here's What's Hot Today in Hong Kong
21 September 2021

Shimao Services Holdings (0873 HK), China Evergrande Group (3333 HK). Due to the spillover effect from debt-ridden Evergrande Group, property sector stocks continued to decline after a slight rebound on Friday due to bottom fishing and short covering. Shimao Services and China Evergrande’s shares dropped 13.8% and 10.2% respectively. Evergrande is due to pay US$83.5mn interest on Sept 23 for its March 2022 bonds

Beigene Ltd (6160 HK) shares declined 11.3%, after surging to an all-time high on Friday. Despite company positive news, the overall broad-based sell off in Hong Kong stocks and poor performing HSI could have led investors to take profit yesterday

Li Ning Co (2331 HK), Xtep International Holdings (1368 HK). Sporting goods sector shares fell collectively, with Li Ning and Xtep shares declining 8.2% and 7.5% respectively.

Read more: https://www.kgieworld.sg/research/21sephk
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@kgisg Open / Comment

2021-09-21 03:30:07 Here's What's Hot Today in SG
21 September 2021

CapitaLand Investment (CLI SP) made its trading debut on SGX yesterday at $2.95 under the name CapitaLandInvest, 4.5% above the S$2.82 implied consideration.

Roxy-Pacific Holdings (ROXY SP). Shares rose 16.05% after the company said it received a pre-conditional voluntary general offer from TKL & Family for all the issued ordinary shares in the company.

Spackman Entertainment (SEG SP) shares plunged 20% on Monday after SGX shot off a list of queries to the company regarding its plan to sell its Zip Cinema business for approximately 18 billion won (or S$20.6 million).

Glove makers fell yesterday, led by Riverstone (-12%, ex-dividend 3.2 Sing cents) and Top Glove (-9%). Top Glove, the world’s largest rubber glove producer, said it expects the business environment to remain challenging over the next few quarters as demand for protective gear moderates.

Read more: https://www.kgieworld.sg/research/21sepsg
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@kgisg Open / Comment

2021-09-20 03:50:04 Top Stories, 20 September 2021

1. Oil Edges Lower for a Second Session With Focus on Fed Stimulus
https://www.kgieworld.sg/research/j650

2. CME’s CBL Global Emissions Offset (GEO) futures contract is a market-based solution built on an international framework, and is positioned to harmonize the buying and selling of offsets from registries and emission reduction projects around the world.
Find out more about emissions trading:
https://www.kgieworld.sg/futures/carbon-offset-futures

3. AUD/USD Price Analysis: Falling wedge support, oversold RSI test bears around 0.7250
https://www.kgieworld.sg/research/isll

4. Bond Sales Wake From Slumber as Fed Talk Jolts Emerging Markets
https://www.kgieworld.sg/research/7dl8

5. Stocks Set to Dip as Traders Mull Evergrande, Fed: Markets Wrap
https://www.kgieworld.sg/research/eg7l

6. Evergrande’s Fateful Week, China Holidays Put Spotlight on Yuan
https://www.kgieworld.sg/research/p9zy
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@kgisg Open / Comment

2021-09-20 03:45:02 TRADING IDEAS: HONG KONG
20 September 2021

AviChina Industry & Technology Company Limited (2357 HK): Defence is defensive amid the market downturn
Buy Entry – 5.2 Target – 6.0 Stop Loss – 4.85

Xtep International Holdings Limited (1368 HK): A relatively safe sector amidst full-blown crackdowns
BUY Entry – 12.3 Target – 14.5 Stop Loss – 11.2


Read More: https://www.kgieworld.sg/research/20sephk
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@kgisg Open / Comment

2021-09-20 03:30:03 TRADING IDEAS: SINGAPORE
20 September 2021

Yangzijiang (YZJSGD SP): Stay calm and buy the dip
BUY Entry – 1.48 Target – 1.71 Stop Loss – 1.40

China Sunsine Chemical (CSSC SP): Strong fundamentals to buffer upcoming price tailwinds
Reiterate BUY Entry – 0.50 Target – 0.68 Stop Loss – 0.46


Read More: https://www.kgieworld.sg/research/20sepsg
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@kgisg Open / Comment