KGI Securities Singapore

2021-09-14 03:45:01 Here's What's Hot Today in Hong Kong
14 September 2021

Brii Biosciences Ltd (2137 HK) shares closed at a new high since its IPO on 13th July.

Dongyue Group Ltd (189 HK) shares rebounded from three consecutive days of sell-off. Credit Suisse raised its TP to HK$31 from HK$30 and maintained an OVERWEIGHT rating.

China Everbright Environment Group Ltd (257 HK) shares closed at a two-year high. There was no company-specific news. The utilities sector has been turning around as funds were pulled out from growth stocks, especially technology companies, and put into more defensive sectors.

Yanzhou Coal Mining Company Limited (1171 HK) shares closed at another 52-week high as coal prices continued to break new highs on Monday. Shares have almost doubled in 4 weeks.

RUSAL (486 HK) shares closed at a 52-week high as aluminum prices continued to break new highs on Monday. LME aluminium futures reached US$3,000/tonne on Monday.


Read more: https://www.kgieworld.sg/research/14sephk
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@kgisg Open / Comment

2021-09-14 03:30:01 Here's What's Hot Today in SG
14 September 2021

China Everbright Water (CEWL SP) shares rose by 10.7% yesterday and closed at a 52-week high.

Geo Energy Resources (GER SP) shares rose by 6.4% yesterday after the company announced that it will fully redeem its outstanding USD bonds.

City Developments (CIT SP) shares rose by 5.4% yesterday. The company announced last Friday that it had exited its investment in China-based Sincere Property Group for a consideration of US$1.

International Cement Holdings (ICG SP) shares rose by 3% yesterday, closing at a 2-month high. Investors are likely investing in traditional sector stocks as a safer option amidst economic uncertainty.

Lion-OCBC Securities Hang Seng Tech ETF S$ (HST SP). The ETF declined by 1.9% yesterday, bringing total losses to 3.9% over the last 4 trading days.


Read more: https://www.kgieworld.sg/research/14sepsg
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@kgisg Open / Comment

2021-09-14 03:26:52 Top Stories, 14 September 2021

1. Oil Prices Climb On Shocking OPEC Report
https://www.kgieworld.sg/research/6agt

2. Ethereum's recent price rally has driven investor interest in derivatives tied to the native cryptocurrency of blockchain. Open positions in ether futures rose to $11.6 billion last week, surpassing the previous peak of $11.25 million reached on 11 May 2021.
Find out more:
https://www.kgieworld.sg/futures/cme-ether

3. Upside potential likely for price of CPO
https://www.kgieworld.sg/research/99xo

4. EUR/USD Price Analysis: Bulls struggle to close in the green, bears eye 1.1780
https://www.kgieworld.sg/research/q31b

5. U.S. consumers' inflation expectations highest since 2013, NY Fed says
https://www.kgieworld.sg/research/qg3m

6. China Evergrande’s restructuring ‘quasi unavoidable’ amid distress as ‘free pass’ on debt binge ends
https://www.kgieworld.sg/research/ukby
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@kgisg Open / Comment

2021-09-13 05:00:36 Shares of CapitaLand Limited will be delisted from SGX-ST
- New shares of CapitaLand Investment Limited (CLI) is expected to list on around Friday, 17 September 2021.
- For every 1 CapitaLand share, shareholders will receive:
1) 1 CLI Share (S$2.823 Implied Value)
2) 0.951 Sing cents
3) 0.155 CICT Units

KEY DATES for shareholders:
Thu, 9 Sep - Last day of trading of CapitaLand Shares
Fri, 17 Sep - Crediting of Cash + CICT units + CLI shares
Mon, 20 Sep - CLI shares start trading
17 Sep-15 Oct - Trading of Odd Lots
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@kgisg Open / Comment

2021-09-13 04:00:01 Top Stories, 13 September 2021

1. Oil Price Fundamental Daily Forecast – Lower US Oil Production Continues to Underpin Prices
https://www.kgieworld.sg/research/ftz1

2. Ethereum's recent price rally has driven investor interest in derivatives tied to the native cryptocurrency of blockchain. Open positions in ether futures rose to $11.6 billion last week, surpassing the previous peak of $11.25 million reached on 11 May 2021.
Find out more:
https://www.kgieworld.sg/futures/cme-ether

3. Top 5 Things to Watch in Markets in the Week Ahead
https://www.kgieworld.sg/research/7p2c

4. EUR/USD Price Analysis: Buyers keep lurking around 50-DMA
https://www.kgieworld.sg/research/6xzo

5. Nickel prices soar alongside demand and shortages
https://www.kgieworld.sg/research/1bmt

6. How Evergrande's debt delinquency could play out: Best and worst-case scenarios
https://www.kgieworld.sg/research/zgd6
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@kgisg Open / Comment

2021-09-13 03:45:04 TRADING IDEAS: HONG KONG
13 September 2021

TRIP.COM (9961 HK): Seasonal trade based on the upcoming holiday
BUY Entry – 245 Target – 265 Stop Loss – 235

Chinasoft International Limited (354 HK): Immune to crackdown and selldown
Reiterate Buy Entry – 12.8 Target – 14.5 Stop Loss – 11.8


Read More: https://www.kgieworld.sg/research/13sephk
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@kgisg Open / Comment

2021-09-13 03:30:02 TRADING IDEAS: SINGAPORE
13 September 2021

Singtel (ST SP): Finally turning around
BUY Entry – 2.38 Target –2.60 Stop Loss – 2.28

International Cement Group Ltd (ICG SP): Traditional sector play - Cement and Aluminium
BUY Entry – SGD 0.028 Target –0.044 Stop Loss – 0.025


Read More: https://www.kgieworld.sg/research/13sepsg
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@kgisg Open / Comment

2021-09-10 03:58:59 Top Stories, 10 September 2021

1. Gold Price Analysis: Bulls back in the driver's seat as USD crumbles
https://www.kgieworld.sg/research/vbi6

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. EUR/USD Price Analysis: Bulls remain defensive above 1.1800 post-ECB decision
https://www.kgieworld.sg/research/ihfr

4. Stock futures are flat after Dow, S&P post fourth day of losses
https://www.kgieworld.sg/research/ftl0

5. Covid waves will hit the global supply chain for two years, Reagan economist warns
https://www.kgieworld.sg/research/8ah7

6. Affirm stock skyrockets after company reports 71% revenue growth and strong guidance
https://www.kgieworld.sg/research/ncty
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@kgisg Open / Comment

2021-09-10 03:45:07 TRADING IDEAS: HONG KONG
10 September 2021

Chinasoft International Limited (354 HK): Immune to crackdown and selldown
Buy Entry – 7.6 Target – 9.2 Stop Loss – 6.8

PC Partner Group Limited (1263 HK): Video games and crypto
BUY Entry – 8.4 Target – 10 Stop Loss – 7.8


Read More: https://www.kgieworld.sg/research/10sephk
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@kgisg Open / Comment

2021-09-10 03:30:08 TRADING IDEAS: SINGAPORE
10 September 2021

International Cement Group Ltd (ICG SP): Traditional sector play – Cement and Aluminium
BUY Entry – SGD 0.028 Target –0.044 Stop Loss – 0.025

ISDN (ISDN SP): Accelerating the pace of industrial automation
RE-ITERATE BUY Entry – 0.65 Target –0.85 Stop Loss – 0.58

Read More: https://www.kgieworld.sg/research/10sepsg
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@kgisg Open / Comment