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$Alibaba (BABA.US)$ Next week will experience a sharp decline.
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Columns Rakuten Trade: New Year consumption boosts 5 major "red envelope stocks" recommended to buy on dips.
Although the Malaysian stock market has been falling recently, as the Lunar New Year approaches, Rakuten Trade has selected 5 "red envelope stocks" and advises investors to take advantage of the opportunity to buy low.
Tang Bo Lin, Vice President of Rakuten Trade Research, mentioned at the "2025 Market Outlook" briefing today that with the Lunar New Year countdown underway, it is the peak season for holiday consumption. Therefore, some consumer stocks that are expected to benefit from the trend have been selected.
In conjunction with the Lunar New Year, he has compiled a list of 5 major "red envelope stocks":
🧧Genting Malaysia $GENM (4715.MY)$ 🎰
- Theme parks and casinos will attract crowds, boosting company revenue.
🧧 Berjaya Holdings $PADINI (7052.MY)$ 👔
Affordable outfits benefited from the Chinese New Year shopping craze.
🧧 Bao Guang Holdings $POHKONG (5080.MY)$ 🧈
Traditionally, gold trinkets, jewelry, and accessories are must-buy items for the Chinese New Year.
🧧 Heineken NV Sponsored ADR Malaysia $HEIM (3255.MY)$ 🍺
- It will boost the sales of alcohol products during the period.
🧧 AEON STORES $AEON (6599.MY)$🛍️
- During the Spring Festival, it offers a wide range of popular commodities, highly favored by individual and corporate clients.
The composite index will challenge 1730 points by the end of the year.
In addition, Rakuten Trade's research director, Yu Xianbin, stated that Malaysia's economic development in 2025 will be a major focus, especially with the recent launch of the XINJINGJI Special Economic Zone (JS-SEZ)....
Tang Bo Lin, Vice President of Rakuten Trade Research, mentioned at the "2025 Market Outlook" briefing today that with the Lunar New Year countdown underway, it is the peak season for holiday consumption. Therefore, some consumer stocks that are expected to benefit from the trend have been selected.
In conjunction with the Lunar New Year, he has compiled a list of 5 major "red envelope stocks":
🧧Genting Malaysia $GENM (4715.MY)$ 🎰
- Theme parks and casinos will attract crowds, boosting company revenue.
🧧 Berjaya Holdings $PADINI (7052.MY)$ 👔
Affordable outfits benefited from the Chinese New Year shopping craze.
🧧 Bao Guang Holdings $POHKONG (5080.MY)$ 🧈
Traditionally, gold trinkets, jewelry, and accessories are must-buy items for the Chinese New Year.
🧧 Heineken NV Sponsored ADR Malaysia $HEIM (3255.MY)$ 🍺
- It will boost the sales of alcohol products during the period.
🧧 AEON STORES $AEON (6599.MY)$🛍️
- During the Spring Festival, it offers a wide range of popular commodities, highly favored by individual and corporate clients.
The composite index will challenge 1730 points by the end of the year.
In addition, Rakuten Trade's research director, Yu Xianbin, stated that Malaysia's economic development in 2025 will be a major focus, especially with the recent launch of the XINJINGJI Special Economic Zone (JS-SEZ)....
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![Rakuten Trade: New Year consumption boosts 5 major "red envelope stocks" recommended to buy on dips.](https://sgsnsimg.moomoo.com/sns_client_feed/103267505/20250116/web-1737011113505-oa5PqBdhZG.jpeg/thumb?area=104&is_public=true)
![Rakuten Trade: New Year consumption boosts 5 major "red envelope stocks" recommended to buy on dips.](https://sgsnsimg.moomoo.com/sns_client_feed/103267505/20250116/web-1737010745891-F6wnmnYJww.jpeg/thumb?area=104&is_public=true)
![Rakuten Trade: New Year consumption boosts 5 major "red envelope stocks" recommended to buy on dips.](https://sgsnsimg.moomoo.com/sns_client_feed/103267505/20250116/web-1737010745888-BPTlyDWiAt.jpeg/thumb?area=104&is_public=true)
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Should we Buy the dip, or clear the ship?
As for the sudden surge that happened today in Chinese assets, here is something that I collected from investors and analysts surrounding
Market Surge
Today, China's stock market saw a significant surge, driven by four key factors:
Policy: The People's Bank of China has reiterated its commitment to interest rate cuts and announced a substantial SFISF application of 200 billion yuan. They also emphas...
Market Surge
Today, China's stock market saw a significant surge, driven by four key factors:
Policy: The People's Bank of China has reiterated its commitment to interest rate cuts and announced a substantial SFISF application of 200 billion yuan. They also emphas...
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KLCI retraced today towards closing red at 1535 points with an overall mixed market sentiment as we still had over 500 counters closing red along with it today. Daily trading volume settled slightly lower around the 3.8 billion mark too.
Main stocks that showed strong buying momentum would be the likes of TOPGLOV, SPSETIA, PERDANA, PWRWELL, VS, CLOUDPT, AIM, M&G, SIMEPROP, MTEC, EDUSPEC, GDB, UEMS, CAREPLS, and SFPTECH. All of which were able to susta...
Main stocks that showed strong buying momentum would be the likes of TOPGLOV, SPSETIA, PERDANA, PWRWELL, VS, CLOUDPT, AIM, M&G, SIMEPROP, MTEC, EDUSPEC, GDB, UEMS, CAREPLS, and SFPTECH. All of which were able to susta...
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