Dow Rallies 600 Points On Gains In Shares Of 3M, UnitedHealth
Hedge Funds Stayed Put During Wednesday Market Slide, Goldman Says
Express News | Julius Baer Seeks Goldman Sachs Deal to Get New CEO Sooner - Bloomberg News
Goldman Sachs reiterated its "buy" rating for AIA with a target price of HKD 92.
Goldman Sachs released a research report stating that it reaffirms its "buy" rating on AIA (01299) and includes it in its "conviction buy list" with a target price of HKD 92 based on the company's solid new business value growth, strong balance sheet and profit generation. The bank expects investors to revalue the current value after having a higher visibility of the company's post-tax surplus and free cash flow rebound and growth prospects. The report stated that AIA's stock price has fallen 22% since May 20, erasing the gains since the company announced its capital management policy and expanded stock buyback plan in April. The situation is believed to reflect the Hang Seng Index's decline and investors' continued focus on profit rebound and intrinsic value.
Interning at a bank is becoming a more popular option for students in Singapore who would rather gain practical experience than continue their studies.
After receiving a six-month internship opportunity from Paris Bank, Jiang Wentao suspended his university studies in Singapore for a semester to seize this rare opportunity. Jiang Wentao, a 24-year-old accounting undergraduate student who started his internship at the bank in March, has suspended his studies for two semesters in order to have more direct exposure to the financial industry. He may graduate later than many of his classmates at the National University of Singapore, as more and more students in Singapore are willing to adjust the timing of their higher education studies in order to accumulate coveted work experience. It even has a name: internship stacking. Jiang Wen
10 Financials Stocks With Whale Alerts In Today's Session
