(Kuala Lumpur, 12th) A series of new market developments led by China's AI company DeepSeek may bring potential negative impacts on the supply-demand relationship in the Southeast Asian datacenter market. However, Banks' investment banking analysts believe that the related concerns have now eased. At the same time, the higher efficiency brought by DeepSeek's algorithms is expected to accelerate the development of AI applications and further boost demand.
The debut of the DeepSeek R1 large model just before the Lunar New Year has raised concerns that AI computing power and datacenter demand may decline, affecting some domestic datacenter concept stocks and causing a downturn, especially in Yang Zhongli Electrical Utilities. $YTLPOWR (6742.MY)$ , along with its parent company Yang Zhongli Institutions. $YTL (4677.MY)$ 。
Yang Zhongli's Electrical Utilities and Yang Zhongli's Institutions have recently stopped the downtrend and rebounded, stabilizing the stock price.
Recently, analysts from Maybank Investment Bank met with some Southeast Asian investors to discuss the developments in the datacenter market, the mergers and acquisitions of Grab and Gojek, and the impact of the e-commerce platform Temu. The analysts pointed out that although a series of news appears to adversely affect the supply and demand situation of datacenters in the ASEAN region, the related concerns have eased.
The dramatic increase of capital expenditure by large-scale datacenter operators in the USA in AI or datacenters has helped alleviate concerns about the decrease in computing power demand following DeepSeek's breakthrough.
The analyst also stated that investors agree that D...

I have started applying for all the IPOs since the launch of 99speedmart, and I am lucky to have been alloted for $99SMART (5326.MY)$, $LWSABAH (5328.MY)$, $AZAMJAYA (5329.MY)$, and the upcoming $SET (0337.MY)$. I am very grateful that all the IPOs above performed very well unlike other IPOs for the past weeks . Anyway just go ahead and apply for IPOs guys with your idle cash, considering how convenient and easy it is to do it on Moomoo. Thank you Moomoo for providing such user-f...

Exclusive/Southeast Asia Rich List Heavyweight tycoons have passed away one after another. Where will their huge inheritances go?
Exclusive report:Lim Din Sang
In the past two to three years, several well-known Malaysian tycoons have passed away, such as Public Bank. $PBBANK (1295.MY)$ The late Tan Sri Lim Goh Tong, founder of NAGACORP, and Ming Xun. $MAXIS (6012.MY)$ And Astro. $ASTRO (6399.MY)$ The late Tan Sri Ananda Krishnan, Westport Holdings. $WPRTS (5246.MY)$The late Tan Sri G. Gnanalingam, and the late Tan Sri Lim Kok Thay, who was known as the “King of Gambling” in Cambodia.
This is undoubtedly a significant loss to the local society and business community. Amidst the regret, the public's focus has shifted to the immense wealth accumulated by these billionaires over the years and where it will ultimately go.
The vast legacies left behind by the aforementioned late billionaires continue to hold a prominent position in the 2024 Nanyang Rich List. The future direction of these legacies will significantly influence the upcoming trends in the Malaysian rich list.
Time waits for no one, even the once prominent business tycoons will eventually have their curtain call. No matter how much wealth they have accumulated, it cannot be taken away. The direction of these huge inheritances often becomes the focus of society and the market.
In the past two to three years, four prominent Malaysian business figures have passed away successively, leaving behind vast fortunes. Some are still uncertain about the future, while others have already settled.
Next...

Yi Nali Meichang rose 12%, with investors betting on increased Broadcom orders.
Yi Nali Meichang $INARI (0166.MY)$Stock price surged nearly 12% this morning because investors are betting on its major customer Broadcom Inc. $Broadcom (AVGO.US)$ Will benefit from the increase in orders.
The stock opened high this morning at 2.46 Ringgit, then the price soared all the way up, reaching 2.72 Ringgit in midday trading, a significant increase of 29 cents or 12%, almost wiping out the decline of the past 9 days.
Broadcom's competitor Skyworks Solutions Inc warned on Thursday that its share of content in upcoming Apple smart phones will decrease to 20% to 25%.
In this scenario, Benchmark Research analyst Cody Alley suggested that Broadcom has likely begun producing sockets for Apple iPhones.
He pointed out that since the iPhone 12, the socket has been fully purchased from Skyworks, but its design has become very complex.
Currently, the average selling price of the socket is estimated to be between $3 and $4, which is "relatively attractive" for suppliers and will inevitably intensify competition.
"Apple believes that there is little performance difference between competitors, so original equipment manufacturers have taken the unusual step of double-sourcing components."
Although Yingnali Meichang did not disclose clients, analysts and investors early...

Exclusive report: @Jungle lee
Originally expected that 2024 would be a harvest year of "Dragons Singing in the Sky," but reality has turned out otherwise. Gambling and Technology stocks have become the biggest losers, with stock prices continuously falling, and there is hardly any hope of stopping the decline.
It is worth noting that the Malaysian gambling giant Genting (GENTING, 3182, Main Board Consumer Stocks), led by its chairman Tan Sri Lim Kok Thay, has seen a significant decline in wealth in 2024, unexpectedly falling out of the top ten list, shocking the market.
Will 2025 bring a turning point for "Snake All Snake Beautiful"? How to stage a spectacular turnaround has become a common expectation for the market and investors.
Following the footsteps of the Nanyang Siang Pau, insights into the rise and fall of Gambling and Technology stocks can be found in the "2024 Nanyang Rich List."
The stock prices of Genting Sing's two giants plummeted.
Lim Guo Tai's wealth evaporated by 16%.
In 2024, the gambling industry in Malaysia faced difficult times, Genting Sing. $GENTING (3182.MY)$ And Genting Malaysia. $GENM (4715.MY)$ Undoubtedly, they are at the center of the storm, hard to extricate themselves.
The stock price plummeted and the market cap shrank, which not only caused both Genting giants to fall out of the FTSE Bursa Malaysia Index component stock list but also directly affected the personal wealth of the group's leader, Genting Chairman and CEO Tan Sri Lim Kok Thay.
As of the end of December, Genting Group's market cap slid to 15 billion Ringgit, ranking 34th in the Malaysian stock market, while Genting Malaysia stood at 13.4 billion Ringgit, ...

$Palantir (PLTR.US)$ surged by 340.48% last year. Its prominent position in AI application for government and military domain makes the company highly unique. However, a TTM price-to-earnings ratio exceeding 300 times has led many analysts to set target prices below the current market price.
Palantir is scheduled to release its financial report on February 3rd. Consensus forecasts from major institution...