China Focus

China tells banks to report exposure to conglomerate Fosun

The regulators’ moves may not lead to any action, they underscore recent concerns among investors about Fosun’s financial stress

Broker's Calls

Sembcorp gets an upgrade despite substantial 1Q earnings miss

SINGAPORE (May 9): Phillip Capital is upgrading its call on Sembcorp Industries to “buy” with a lower target price of $3.83 compared to $3.86 previously due to the higher expected return from the counter’s last closing price of $3.06.

Broker's Calls

New strategy puts a positive spin on Sembcorp Industries' outlook

SINGAPORE (Feb 26): Analysts are optimistic on the outlook of Sembcorp Industries (SCI) post the outcome of its strategic review, even as the group last week reported a 84.6% decline in its 4Q earnings to $22.8 million as its marine segment continued to d

Broker's Calls

This stock is well-positioned to ride the property upturn, says OCBC

SINGAPORE (June 8): OCBC Investment Research is maintaining its “buy” call on Keppel Corporation with a fair value estimate of $7.36, on the belief that the counter is well-positioned to ride on a property upturn.