Business
CGSI downgrades UOB to ‘hold’ following softer loans growth expectation; near-term outlook ‘uncertain’
CGS International (CGSI) analysts Tay Wee Kuang and Lim Siew Khee on Friday (Aug 8) downgraded local bank UOB to a “hold” call from a…
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CGSI
Business
CGSI downgrades Grab to ‘hold’ with earnings growth expected to slow in H2
CGS International (CGSI) has downgraded its rating on Grab Holdings to “hold” from “add”, anticipating a slowdown in earnings growth in…
Business
China EV maker XPeng set to turn profitable, says CGSI, lifting target price for the stock
Chinese EV maker XPeng could soon turn profitable, as strong vehicle sales and consensus-beating financials paint a bullish outlook,…
Business
CGSI downgrades Delfi, cuts target price as high cocoa prices sour sentiment
CGS International (CGSI) has downgraded its recommendation on chocolate confectioner Delfi to “hold”, from “add” previously, and slashed…
Business
Labubu maker Popmart flagged for global expansion potential; CGSI initiates coverage
[Hong Kong] CGS International (CGSI) has initiated coverage on Pop Mart’s stock with an “add” rating, citing the group’s transformation…
Business
Labubu maker Pop Mart flagged for global expansion potential; CGSI initiates coverage
CGS International (CGSI) has initiated coverage on Pop Mart’s stock with an “add” rating, citing the group’s transformation from a toy…
Business
CGSI upgrades OUE Reit to ‘add’ on improved outlook
CGS International (CGSI) has upgraded its recommendation for OUE Reit to “add” from “hold”, and raised its price target marginally to…
Business
DBS could declare special dividend of S$0.50, raise ordinary DPS to S$0.60: CGSI
DBS may declare a special dividend of S$0.50 for the fourth quarter of FY2024 as well as raise its ordinary dividend per share to S$0.60,…
Business
DBS may declare special dividend of S$0.50 a share, raise ordinary DPS to S$0.60: CGSI
DBS may declare a special dividend of S$0.50 a share for the fourth quarter of FY2024 as well as raise its ordinary dividend per share to…