Price
Subsidies and price cuts drive China’s car sales recovery in May
CHINA’S vehicle sales recovered in May from the previous months, thanks in part to government subsidies. Retail sales of passenger cars dropped 1.9 per cent from a year earlier...
Brokers’ take: Phillip Capital initiates ‘buy’ on Oiltek with S$0.70 target price
PHILLIP Capital initiated coverage on Oiltek International with a “buy” call on the company’s growing book orders and its belief that the company is currently riding multiple capital expenditure...
LNG price slump speeds shift away from oil for China’s trucks
A slump in the price of natural gas and the prospect of a glut in the years ahead is spurring sales of trucks and ships powered by the fuel,...
Jasper Investments volume, price surge on S$9 million from investors including Koh Boon Hwee
SHARES of watch-listed Jasper Investments quadrupled in value after the marine player secured S$9 million in capital from strategic investors, including Koh Boon Hwee, a board director of Singapore...
Brokers’ take: SAC Capital initiates ‘buy’ on ISEC Healthcare with S$0.44 price target
SAC Capital has initiated coverage on International Specialist Eye Centre : 40T 0% (ISEC) Healthcare with a “buy” call and a target price of S$0.44, as the research house...
Brokers’ take: Analysts raise Sats price targets after strong earnings performance
DBS Group Research and OCBC Investment Research have lifted their target prices for Sats : S58 0% after the in-flight caterer and ground handler last week posted a jump...
Brokers’ take: KGI initiates ‘outperform’ on OUE Reit with S$0.309 target price
KGI Securities has initiated an “outperform” recommendation on OUE Real Estate Investment Trust (Reit), with a 12-month target price of S$0.309. On Friday (May 31), KGI analyst Alyssa Tee attributed...
Chinese EV makers defy industry slump as price cuts boost sales
PRICE cuts and new models helped Chinese electric vehicle (EV) makers, including BYD and Nio, continue to grow sales in May even as the overall market for passenger cars...
