$IFAST (AIY.SG)$
iFast Corp has maintained its guidance for FY2023 to FY2025 for now, even though recent reports that the Hong Kong ePension platform's roll out schedule has fallen behind by eight months. According to the Hong Kong Provident Fund, the Hong Kong pension platform is still aimed to be up and running by end of 2025. The platform’s main contractor is Hong Kong’s communication technology firm, PCCW Solutions, owned by Richard Li, son of tycoon Li ...

$IFAST (AIY.SG)$
(IFAST SP/BUY/S$6.36/Target: S$9.84)
AUA continued to scale up to a record S$19.0b (31.5% yoy, +3.4% qoq), helping iFAST achieve greater operating scale. Net inflows of client assets remained healthy. The group remains committed to its AUA target of S$100b by 2028, implying a CAGR of 27% over the next six years. We have incorporated changes to our model following the BFC Bank acquisition and HK eMPF guidance fro...

$IFAST (AIY.SG)$ iFast will head to 10 bucks again soon

$IFAST (AIY.SG)$ Wealth advisory platform iFast Global Markets (iGM) Singapore said its assets under administration (AUA) grew 62 per cent year on year to exceed S$1 billion as at Sep 30, 2021. This milestone is significant considering that the division is only four years old, said mainboard-listed iFast Corp in a bourse filing on Monday (Oct 11). iGM Singapore is the wealth advisory arm of iFast Financial, the Singapore subsidiary of iFast Corp. Terence Lin, general manager at iGM Singapore, said that the average adviser on the platform oversees about S$17.5 million of assets. As part of its fintech initiatives, iGM has also launched a new app, which now allows investment accounts to access both adviser and client transaction capabilities. This means that do-it-yourself (DIY) transaction capabilities can be enabled on an investment account based on the client's suitability.

$Lion-OCBC Sec HSTECH S$ (HST.SG)$ a wise man once said "be greedy when others are fearful". underlying companies in this ETF are still strong with almost no competition in China. Time to avg down.