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Hong Leong Investment Bank maintains a 'buy' call on SunCon's stock, citing potential further traction into the advanced technology facilities space. Kenanga Investment Bank expects SunCon to win jobs worth RM3.5 billion this year. RHB Investment Bank justifies the stock's current trading at 16 times the projected earnings for 2025 due to the company's 'significantly higher' return-on-equity and other potentials.

Alibaba's sale of Bilibili shares aligns with their vocal intent to refocus on core business. Bilibili, facing competition and experiencing a sales decline, lies outside Alibaba's expertise.

Good morning mooers! Here are things you need to know about today's market:
●AI Mania Takes a Breather as Chip Makers' Shares Decline; Stock Indexes Fall
●Optimax Holdings Forecasts Robust Healthcare Industry Outlook in Malaysia Driven by Increased Demand and Health Awareness
●Stocks to watch: Maybank, Public Bank, Hong Leong Bank, Capital A
-moomoo N...

[Brief description] Malaysia's semiconductor stocks will decouple from the US technology sector in 2023. The main reason is that demand has not recovered, and they have not directly benefited from Nvidia and the AI chip industry chain.
After entering 2024, many semiconductor companies said that the inventory removal cycle has come to an end. With the exception of automotive semiconductors, all other semiconductor types have seen a recovery trend.
In February 2024, as MPI handed over better-than-expected financial reports and a positive outlook, another giant, INARI, was also highly anticipated by the market, and the results will be released on February 26.
Judging from the current market capital flow, it seems that the revolving theme of baseball has spread to the foot of the technology sector.
On the auspicious day of 28/2/2024, let's listen to Zeff's in-depth sharing of INARI's performance report and more industry updates! Promise you!
[Mentor] Zeff Tan, Chief Mentor at SHARIX Malaysia, Stock Market Researcher [Join us] Tailored for moomoo users! See you on February 28th at 8:00pm! Want to know the latest developments in the semiconductor industry? Hurry up and invite the shareholders around you to learn together!
[Disclaimer] All opinions expressed in the live stream and video are the independent opinions of SHARIX. moomoo and its affiliates are not responsible for their content and opinions