Beansprout
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Chinese electric vehicle (EV) stocks have seen a rebound recently, driven by new stimulus measures aimed at boosting the economy.
During the week-long National Day holiday, EV sales in China surged, with the marketing director for General Motors’ joint venture with SAIC Motor and Wuling Motors calling it the “best Golden Week in many years.”
This uptick in sales has lifted sentiment towards Chinese EV stocks.
Take Nio, for example—its share...
During the week-long National Day holiday, EV sales in China surged, with the marketing director for General Motors’ joint venture with SAIC Motor and Wuling Motors calling it the “best Golden Week in many years.”
This uptick in sales has lifted sentiment towards Chinese EV stocks.
Take Nio, for example—its share...
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Daily Sprout 🌱 (19 Nov)
US stocks closed mixed as investors await Nvidia’s earnings later this week, while Tesla’s stock surged on press reports that President-elect Donald Trump may ease regulations on self-driving vehicles.
STI ⬇️ 0.32% HSI ⬆️ 0.77% NKY ⬇️ 1.09%
S&P500 ⬆️ 0.39% Nasdaq ⬆️ 0.60% DJIA ⬇️ 0.13% Russell2000 ⬆️ 0.11%
What's Sprouting
🌱 Genting Singapore’s license to operate a casino in Singapore has been renewed for two years, instead of the usual three-ye...
US stocks closed mixed as investors await Nvidia’s earnings later this week, while Tesla’s stock surged on press reports that President-elect Donald Trump may ease regulations on self-driving vehicles.
STI ⬇️ 0.32% HSI ⬆️ 0.77% NKY ⬇️ 1.09%
S&P500 ⬆️ 0.39% Nasdaq ⬆️ 0.60% DJIA ⬇️ 0.13% Russell2000 ⬆️ 0.11%
What's Sprouting
🌱 Genting Singapore’s license to operate a casino in Singapore has been renewed for two years, instead of the usual three-ye...
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What happened?
China’s market recently saw a significant bounce, driven by a new wave of government stimulus aimed at revitalising the economy.
Investor optimism surged following the government’s commitment to economic growth through measures like liquidity injections and targeted support to the real estate sector.
If you’re looking to gain exposure to this economic recovery, I’ll share some popular exchange-traded funds (ETFs) that provide ...
China’s market recently saw a significant bounce, driven by a new wave of government stimulus aimed at revitalising the economy.
Investor optimism surged following the government’s commitment to economic growth through measures like liquidity injections and targeted support to the real estate sector.
If you’re looking to gain exposure to this economic recovery, I’ll share some popular exchange-traded funds (ETFs) that provide ...
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Beansprout
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“The time has come” - words that signal clear direction from the Federal Reserve Chairman Jerome Powell’s recent speech that interest rates may be cut as soon as next week.
This has led to a sharp fall in the yield on the Singapore T-bill in recent months, with the cut-off yield for the 1-month Singapore T-bill falling to 2.71% in the auction on 12 September.
Those who are savvy are turning their attention towards high potential assets such as Singapore Real Estate...
This has led to a sharp fall in the yield on the Singapore T-bill in recent months, with the cut-off yield for the 1-month Singapore T-bill falling to 2.71% in the auction on 12 September.
Those who are savvy are turning their attention towards high potential assets such as Singapore Real Estate...
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What has happened?
With the Federal Reserve pivoting toward interest rate cuts, Singapore T-bill yields have declined in recent months.
The cut off yield for the 26 September 2024 6-month T-bill auction fell to 2.97%1, falling below 3% for the first time since September 20221.
Likewise, the cut off yield for the 17 October 2024 1-year T-bill auction declined to 2.71%1.
To compare, just six months ago at the 27 March 2...
With the Federal Reserve pivoting toward interest rate cuts, Singapore T-bill yields have declined in recent months.
The cut off yield for the 26 September 2024 6-month T-bill auction fell to 2.97%1, falling below 3% for the first time since September 20221.
Likewise, the cut off yield for the 17 October 2024 1-year T-bill auction declined to 2.71%1.
To compare, just six months ago at the 27 March 2...
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Beansprout
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Yangzijiang's share price rose 12.6% to reach S$2.68 as of mid-day on 13 August, after the company reported its earnings for the first half of 2024 (1H24).
Net profit grew 77.2% year on year to RMB3.06bn (S$563m) in 1H24.
Revenue grew 15.3% year on year to RMB13.05bn (S$2.4bn) in 1H24.
Is there more upside for Yangzijiang’s share price? Read our analysis here. Yangzijiang shares soar 13% after latest earnings: Our Quick Take
$YZJ Shipbldg SGD (BS6.SG)$
Net profit grew 77.2% year on year to RMB3.06bn (S$563m) in 1H24.
Revenue grew 15.3% year on year to RMB13.05bn (S$2.4bn) in 1H24.
Is there more upside for Yangzijiang’s share price? Read our analysis here. Yangzijiang shares soar 13% after latest earnings: Our Quick Take
$YZJ Shipbldg SGD (BS6.SG)$
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The share price of Singapore Airlines (SIA) fell sharply on 1 August 2024.
From a closing share price of S$6.97 on 31 July, SIA share price fell to a low of S$6.13, before recovering slightly.
This was partly because SIA traded ex-dividend of S$0.38 on 1 August.
Excluding the dividend, SIA's share price would still have been much lower.
We find out what is driving the weakness in SIA's share price: SIA net profit falls by 38%: Our Quick Take
$SIA (C6L.SG)$
From a closing share price of S$6.97 on 31 July, SIA share price fell to a low of S$6.13, before recovering slightly.
This was partly because SIA traded ex-dividend of S$0.38 on 1 August.
Excluding the dividend, SIA's share price would still have been much lower.
We find out what is driving the weakness in SIA's share price: SIA net profit falls by 38%: Our Quick Take
$SIA (C6L.SG)$
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The S&P 500 declined 2.3%, led by tech stocks on uninspiring earnings reports from Tesla and Alphabet.
STI ⬇️ 0.01% HSI ⬇️ 0.91% NKY ⬇️ 1.11%
S&P500 ⬇️ 2.31% Nasdaq ⬇️ 3.64% DJIA ⬇️ 1.25%
What's Sprouting
🌱 The MAS has proposed a single leverage limit of 50% and a minimum interest coverage ratio of 1.5 times for REITs. Additionally, they could need to disclose the impact on the coverage ratio from movements in their EBITDA and interest rates at the interim earnings re...
STI ⬇️ 0.01% HSI ⬇️ 0.91% NKY ⬇️ 1.11%
S&P500 ⬇️ 2.31% Nasdaq ⬇️ 3.64% DJIA ⬇️ 1.25%
What's Sprouting
🌱 The MAS has proposed a single leverage limit of 50% and a minimum interest coverage ratio of 1.5 times for REITs. Additionally, they could need to disclose the impact on the coverage ratio from movements in their EBITDA and interest rates at the interim earnings re...
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Sabana Industrial REIT 1H24 distribution per unit (DPU) fell 16.8% year-on-year to 1.34 cents, compared to 1.61 cents in 1H23. This translates to an annualized yield of 7.9%.
However, its DPU was higher compared to 1.15 cents in 2H23.
Read our analysis of Sabana REIT’s earnings here. Quick Take: Sabana REIT's 1H24 DPU fall by 16.8% yoy
$Sabana Reit (M1GU.SG)$
However, its DPU was higher compared to 1.15 cents in 2H23.
Read our analysis of Sabana REIT’s earnings here. Quick Take: Sabana REIT's 1H24 DPU fall by 16.8% yoy
$Sabana Reit (M1GU.SG)$
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SIA reported a record full year profit of $2.7 billion.
The company also raised its final dividend to 38 cents.
However, SIA’s shares still fell by 1% today.
We find out what is driving the decline, and if this might be a buying opportunity for SIA’s stock.
SIA shares fall despite higher dividend and profit. Why the decline?
$SIA (C6L.SG)$
The company also raised its final dividend to 38 cents.
However, SIA’s shares still fell by 1% today.
We find out what is driving the decline, and if this might be a buying opportunity for SIA’s stock.
SIA shares fall despite higher dividend and profit. Why the decline?
$SIA (C6L.SG)$
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