Greater Bay Area

PhillipCapital downgrades First Sponsor Group to 'accumulate' as positives already priced-in - THE EDGE SINGAPORE

Broker's Calls

PhillipCapital downgrades First Sponsor Group to 'accumulate' as positives already priced-in

PhillipCapital analyst Tan Jie Hui has downgraded property developer First Sponsor Group (FSG) to “accumulate” from “buy”, as its recent share run-up has “priced in some positives”.

DBS to acquire 13% stake in Shenzhen Rural Commercial Bank for RMB5.29 bil - THE EDGE SINGAPORE

Banking & finance

DBS to acquire 13% stake in Shenzhen Rural Commercial Bank for RMB5.29 bil

DBS Bank announced on April 20, that it has entered into an agreement with Shenzhen Rural Commercial Bank where it will subscribe to a 13% stake for a consideration of RMB5.29 billion ($1.08 billio

RHB sets new benchmark for Dairy Farm as HK moves into a new 'normal' - THE EDGE SINGAPORE

Broker's Calls

RHB sets new benchmark for Dairy Farm as HK moves into a new 'normal'

RHB Group Research is keeping its “buy” recommendation on Dairy Farm with a target price of US$4.47 ($6.05).

Broker's Calls

OCBC calls ‘buy’ on Yanlord despite poor 1H20 results

It was a disappointing 1H20 for Chinese developer Yanlord Land Group following weakened profits.

China Focus

China presses ahead with GBA strategy despite trade war and slowdown

SINGAPORE (Aug 26): With or without the ongoing US-China trade war and a global economic slowdown, the Middle Kingdom continues to press ahead with its Greater Bay Area plans, which would eventuall

Commentary

OCBC maps out growth strategy in China's Greater Bay Area

HONGKONG (June 19): Oversea-Chinese Banking Corp is aiming to double profit before tax contributions from its business in China’s Greater Bay Area to $1 billion by 2023, its CEO Sa

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