China's Reopening Likely a Long-Term Positive for Singapore Equities -- Market Talk

Dow Jones2023-01-05

0251 GMT - China's reopening is likely a long-term positive for Singapore equities, says RHB Research analyst Shekhar Jaiswal in a research report, noting China accounted for 18% of the city-state's non-oil domestic exports and 19% of its tourist arrivals before the pandemic. Investment themes for early 2023 include selective exposure to China's reopening; buying banking stocks as a proxy to high rates and defensive earnings growth characteristics; buying shares of companies with resilient and defensive earnings and dividends; and buying industrial REITs, the analyst says. RHB's stock picks include DBS, OCBC, City Developments, Sheng Siong, Singapore Technologies Engineering, Wilmar International, CDL Hospitality, ComfortDelGro, Raffles Medical, Singapore Telecommunications, Thai Beverage, AIMS APAC REIT, CapitaLand Ascendas REIT and ESR-LOGOS REIT. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

January 04, 2023 21:51 ET (02:51 GMT)

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Investment themes for early 2023 include selective exposure to China's reopening; buying banking stocks as a proxy to high rates and defensive earnings growth characteristics; buying shares of companies with resilient and defensive earnings and dividends; and buying industrial REITs, the analyst says. RHB's stock picks include DBS, OCBC, City Developments, Sheng Siong, Singapore Technologies Engineering, Wilmar International, CDL Hospitality, ComfortDelGro, Raffles Medical, Singapore Telecommunications, Thai Beverage, AIMS APAC REIT, CapitaLand Ascendas REIT and <a href=\"https://laohu8.com/S/01821\">ESR</a>-LOGOS REIT. (ronnie.harui@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 04, 2023 21:51 ET (02:51 GMT)\n</p>\n<p>\n  Copyright (c) 2023 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China's Reopening Likely a Long-Term Positive for Singapore Equities -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina's Reopening Likely a Long-Term Positive for Singapore Equities -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-05 10:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://dowjonesnews.com/newdjn/logon.aspx?AL=N><strong>Dow Jones</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>0251 GMT - China's reopening is likely a long-term positive for Singapore equities, says RHB Research analyst Shekhar Jaiswal in a research report, noting China accounted for 18% of the city-state's ...</p>\n\n<a href=\"http://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0048621477.USD","symbol_name":"富达泰国基金A","start_time":0,"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2301294735","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2301294735","pubTimestamp":1672887060,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0251 GMT - China's reopening is likely a long-term positive for Singapore equities, says RHB Researc","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0048621477.USD":"富达泰国基金A","SGXZ58947870.SGD":"LIONGLOBAL SINGAPORE DIVIDEND EQUITY (SGDHDG) INC","J91U.SI":"ESR-REIT","BK6094":"航天航空与国防","BK4207":"综合性银行","LU0348816934.USD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"AT\" (USD)","BK6092":"保健护理机构","LU0072462343.USD":"贝莱德亚洲巨龙基金","LU0516422366.SGD":"Fullerton Lux Funds - 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China's reopening is likely a long-term positive for Singapore equities, says RHB Research analyst Shekhar Jaiswal in a research report, noting China accounted for 18% of the city-state's non-oil domestic exports and 19% of its tourist arrivals before the pandemic. Investment themes for early 2023 include selective exposure to China's reopening; buying banking stocks as a proxy to high rates and defensive earnings growth characteristics; buying shares of companies with resilient and defensive earnings and dividends; and buying industrial REITs, the analyst says. RHB's stock picks include DBS, OCBC, City Developments, Sheng Siong, Singapore Technologies Engineering, Wilmar International, CDL Hospitality, ComfortDelGro, Raffles Medical, Singapore Telecommunications, Thai Beverage, AIMS APAC REIT, CapitaLand Ascendas REIT and ESR-LOGOS REIT. (ronnie.harui@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  January 04, 2023 21:51 ET (02:51 GMT)\n\n\n  Copyright (c) 2023 Dow Jones & Company, Inc.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":2,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2301294735"}