Hong Leong Asia Keeps Bull on Multiple Growth Drivers -- Market Talk

Dow Jones05-11

0705 GMT - Hong Leong Asia has multiple growth drivers supporting an estimated 26% earnings-per-share compound annual growth rate 2025-2027, say CGS International analysts in a note. Data-center demand is likely to boost the Singapore industrial company's powertrain segment, the analysts say. The building material segment's profit is also likely to gain after Hong Leong acquired Yong Tai Loong, one of only five companies approved to build shelters in Singapore public housing, they say. The deal is expected to be accretive to Hong Leong's 2026-2027 EPS while offering two to three years of orderbook visibility, the analysts add. CGSI raises its 2026-2027 EPS estimates by 3%-11%. The brokerage lifts its target price to S$5.50 from S$4.50 and retains an add rating. Shares rise 2.4% to S$3.37.(megan.cheah@wsj.com)

(END) Dow Jones Newswires

May 11, 2026 03:05 ET (07:05 GMT)

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The building material segment's profit is also likely to gain after <a href=\"https://laohu8.com/S/HLFBF\">Hong Leong</a> acquired Yong Tai Loong, one of only five companies approved to build shelters in Singapore public housing, they say. The deal is expected to be accretive to Hong Leong's 2026-2027 EPS while offering two to three years of orderbook visibility, the analysts add. CGSI raises its 2026-2027 EPS estimates by 3%-11%. The brokerage lifts its target price to S$5.50 from S$4.50 and retains an add rating. 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Data-center demand is likely to boost the Singapore industrial company's powertrain segment, the analysts say. The building material segment's profit is also likely to gain after <a href=\"https://laohu8.com/S/HLFBF\">Hong Leong</a> acquired Yong Tai Loong, one of only five companies approved to build shelters in Singapore public housing, they say. The deal is expected to be accretive to Hong Leong's 2026-2027 EPS while offering two to three years of orderbook visibility, the analysts add. CGSI raises its 2026-2027 EPS estimates by 3%-11%. The brokerage lifts its target price to S$5.50 from S$4.50 and retains an add rating. Shares rise 2.4% to S$3.37.(megan.cheah@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 11, 2026 03:05 ET (07:05 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK6517","symbol_name":"汽车股","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2634408739","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2634408739","pubTimestamp":1778483100,"columns":[],"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":"0705 GMT - Hong Leong Asia has multiple growth drivers supporting an estimated 26% earnings-per-share compound annual growth rate 2025-2027, say CGS International analysts in a note. 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