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JWWan

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- JWWanJWWan
  ·10-23
  neither
  UOB vs OCBC: Which is a Better Buy?
  With interest rates easing, the real question is how OCBC or UOB will adapt.
  UOB vs OCBC: Which is a Better Buy?
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- JWWanJWWan
  ·02-11
  So the question is : what do you need so much free cash flow for? Building the future of course. Apple is far behind the AI race. No company can win without putting in investment. It's ok to invest and turns out it's a bad idea, but you can never sit there and wish other people are wrong. Just like Nokia phones
  Sorry, this post has been deleted
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- JWWanJWWan
  ·02-10
  But Apple is way behind the AI race. Where is their next growth point?
  Apple Is Not Overvalued, Buy And Hold
  SummaryDespite bearish views, I believe Apple remains a compelling buy-and-hold stock for long-term investors, even at its current high price.Concerns include underwhelming iPhone 16 sales, intensifie
  Apple Is Not Overvalued, Buy And Hold
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- JWWanJWWan
  ·2024-09-13
  How cute is that!
  Singapore Shares End Week Higher in Anticipation of US Fed Rate Cute
  Singapore's stock market ended the week in the positive territory, mirroring global gains in anticipation of US Federal Reserve interest rate cuts.The Straits Times Index (STI), a key benchmark for th
  Singapore Shares End Week Higher in Anticipation of US Fed Rate Cute
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stock market headlines, business news, financials and earnings","home_visible":1,"media_name":"TigerNews SG","id":"1050470178","head_image":"https://community-static.tradeup.com/news/f17a9a7b68c877792d5e556261e9e709"},"pubTimestamp":1761188110,"share":"https://ttm.financial/m/news/2577343297?lang=&edition=fundamental","pubTime":"2025-10-23 10:55","market":"sg","language":"en","title":"UOB vs OCBC: Which is a Better Buy?","url":"https://stock-news.laohu8.com/highlight/detail?id=2577343297","media":"TigerNews SG","summary":"With interest rates easing, the real question is how OCBC or UOB will adapt.","content":"<html><head></head><body><p>The three major banks in Singapore have long been important pillars of local portfolios.</p><p>These two banks - <a href=\"https://laohu8.com/S/U11.SI\">UOB</a> and  <a href=\"https://laohu8.com/S/O39.SI\">OCBC Bank</a> - have attracted attention because they have a good track record in terms of dividend payouts. This is not surprising.</p><p>As interest rates begin to gradually decline, investors are closely watching how these two banks will respond to the situation of lower profit margins and reduced loan demand.</p><p>UOB is increasing its business expansion in the region, while OCBC relies on its broader and more diversified business portfolio to maintain its development.</p><p>But the real question is which strategy will stand out when the interest rate cycle changes.</p><h2 id=\"id_1258007566\">UOB: Expanding regional footprint</h2><p>In recent years, UOB has been quietly expanding its business coverage in the ASEAN region.</p><p>The acquisition of  <a href=\"https://laohu8.com/S/C\">Citigroup</a>&#39;s consumer banking divisions in Malaysia, Thailand, Vietnam and Indonesia has brought the bank millions of new customers and enabled it to establish a foothold in some of the most dynamic markets in the region.</p><p>The current task is to achieve integration.</p><p>The management has been working hard to carry out product cross-selling activities, such as credit cards, personal loans and wealth management services, and over time, this has improved the profitability of the entire business network.</p><p>In the first half of 2025 (1H2025), the bank’s net interest income (NII) remained stable at S$4.7 billion.</p><p>Under non-interest income, net fee income recorded double-digit growth, supported by stronger wealth and card fees.</p><p>Overall, UOB earned about S$4 billion in operating profit, up 3% compared to a year ago.</p><p>UOB declared an interim dividend of S$0.85 per ordinary share, representing a payout ratio of approximately 50%, plus the second tranche of its special dividend worth S$0.25 per share, underscoring the management’s confidence in its capital strength.</p><p>The advantage of this local bank lies in its growth journey within the ASEAN region, namely its orderly and strategically significant expansion initiatives in economies such as Vietnam and Indonesia. In these countries, the continuous growth of residents&#39; income should support the credit demand.</p><p>Although short-term profits will be limited by the narrowing profit margins, its strong capital base and stable dividend record make it an ideal choice for investors who seek returns while also hoping to gain regional growth advantages.</p><h2 id=\"id_1046076525\">OCBC: A diversified source of revenue</h2><p>OCBC operates under a multi-engine model.</p><p>In addition to its traditional lending business, the bank has established a considerable business in the insurance and wealth management sectors, enabling it to gain an advantage when interest rates start to decline.</p><p>Through its 89% stake in Great Eastern Holdings, OCBC has been able to deeply participate in the rapidly growing life insurance and investment markets in the region. In the case of narrowing loan interest rates, this provides it with important revenue security.</p><p>That diversification works both ways. </p><p>It gives OCBC greater earnings stability over the long run, but it can also make quarterly results look a little uneven when insurance valuations swing with the markets.</p><p>For 1H2025, OCBC made about S$3.7 billion in profit — roughly 6% below last year’s level. </p><p>The softer showing mainly came from thinner lending margins and a quieter performance at its insurance arm.</p><p>The bank’s net interest margin eased to 1.98% for 1H2025, coming in at 1.92% in 2Q2025. </p><p>In fact, management guided that full-year margins to land somewhere around 1.9% to 1.95%, with higher funding costs still eating into spreads.</p><p>Lending was up by around 9% year on year, while deposits grew by 10% over the same period. </p><p>It’s a steady outcome that highlights the depth of OCBC’s customer base across the region.</p><p>Non-interest income climbed 8% year on year to S$2.6 billion, thanks to stronger card spending and wealth-management flows. </p><p>Elsewhere, the bank’s wealth management income, including private banking, premier private client, premier banking, insurance, asset management and stockbroking, inched up 4% year on year to about S$2.7 billion, making up a little more than a third of group income.</p><p>OCBC&#39;s diversified business provides it with multiple profit-making channels - including banking services, insurance services, and wealth management services - which help maintain stable performance during different economic cycles.</p><p>Although the narrowing of interest margins may bring short-term pressure, the bank&#39;s strong capital strength and stable commission income provide it with the impetus for sustainable development.</p><h2 id=\"id_1213042297\">Growth Potential: UOB vs OCBC</h2><p>What’s UOB’s edge?</p><p>The regional expansion of UOB has provided it with natural development space.</p><p>Citigroup&#39;s consumer asset integration initiative in the ASEAN region has enhanced its scale and expanded the coverage of its digital banking business.</p><p>As interest-based income returns to normal levels, the growth of fee income from wealth and payments will become a key factor.</p><p>On the other side, OCBC’s edge stems from its diversified platform. </p><p>The bank&#39;s business branches in the Greater China region, combined with its insurance department, have enabled it to explore market opportunities outside the ASEAN region.</p><p>The total managed assets increased by 11% year-on-year, reaching S$310 billion, indicating that the trend of wealth growth remains strong.</p><h2 id=\"id_2112999447\"></h2></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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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\">\nUOB vs OCBC: Which is a Better Buy?\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1050470178\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/f17a9a7b68c877792d5e556261e9e709);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">TigerNews SG </p>\n<p class=\"h-time\">2025-10-23 10:55</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>The three major banks in Singapore have long been important pillars of local portfolios.</p><p>These two banks - <a href=\"https://laohu8.com/S/U11.SI\">UOB</a> and  <a href=\"https://laohu8.com/S/O39.SI\">OCBC Bank</a> - have attracted attention because they have a good track record in terms of dividend payouts. This is not surprising.</p><p>As interest rates begin to gradually decline, investors are closely watching how these two banks will respond to the situation of lower profit margins and reduced loan demand.</p><p>UOB is increasing its business expansion in the region, while OCBC relies on its broader and more diversified business portfolio to maintain its development.</p><p>But the real question is which strategy will stand out when the interest rate cycle changes.</p><h2 id=\"id_1258007566\">UOB: Expanding regional footprint</h2><p>In recent years, UOB has been quietly expanding its business coverage in the ASEAN region.</p><p>The acquisition of  <a href=\"https://laohu8.com/S/C\">Citigroup</a>&#39;s consumer banking divisions in Malaysia, Thailand, Vietnam and Indonesia has brought the bank millions of new customers and enabled it to establish a foothold in some of the most dynamic markets in the region.</p><p>The current task is to achieve integration.</p><p>The management has been working hard to carry out product cross-selling activities, such as credit cards, personal loans and wealth management services, and over time, this has improved the profitability of the entire business network.</p><p>In the first half of 2025 (1H2025), the bank’s net interest income (NII) remained stable at S$4.7 billion.</p><p>Under non-interest income, net fee income recorded double-digit growth, supported by stronger wealth and card fees.</p><p>Overall, UOB earned about S$4 billion in operating profit, up 3% compared to a year ago.</p><p>UOB declared an interim dividend of S$0.85 per ordinary share, representing a payout ratio of approximately 50%, plus the second tranche of its special dividend worth S$0.25 per share, underscoring the management’s confidence in its capital strength.</p><p>The advantage of this local bank lies in its growth journey within the ASEAN region, namely its orderly and strategically significant expansion initiatives in economies such as Vietnam and Indonesia. In these countries, the continuous growth of residents&#39; income should support the credit demand.</p><p>Although short-term profits will be limited by the narrowing profit margins, its strong capital base and stable dividend record make it an ideal choice for investors who seek returns while also hoping to gain regional growth advantages.</p><h2 id=\"id_1046076525\">OCBC: A diversified source of revenue</h2><p>OCBC operates under a multi-engine model.</p><p>In addition to its traditional lending business, the bank has established a considerable business in the insurance and wealth management sectors, enabling it to gain an advantage when interest rates start to decline.</p><p>Through its 89% stake in Great Eastern Holdings, OCBC has been able to deeply participate in the rapidly growing life insurance and investment markets in the region. In the case of narrowing loan interest rates, this provides it with important revenue security.</p><p>That diversification works both ways. </p><p>It gives OCBC greater earnings stability over the long run, but it can also make quarterly results look a little uneven when insurance valuations swing with the markets.</p><p>For 1H2025, OCBC made about S$3.7 billion in profit — roughly 6% below last year’s level. </p><p>The softer showing mainly came from thinner lending margins and a quieter performance at its insurance arm.</p><p>The bank’s net interest margin eased to 1.98% for 1H2025, coming in at 1.92% in 2Q2025. </p><p>In fact, management guided that full-year margins to land somewhere around 1.9% to 1.95%, with higher funding costs still eating into spreads.</p><p>Lending was up by around 9% year on year, while deposits grew by 10% over the same period. </p><p>It’s a steady outcome that highlights the depth of OCBC’s customer base across the region.</p><p>Non-interest income climbed 8% year on year to S$2.6 billion, thanks to stronger card spending and wealth-management flows. </p><p>Elsewhere, the bank’s wealth management income, including private banking, premier private client, premier banking, insurance, asset management and stockbroking, inched up 4% year on year to about S$2.7 billion, making up a little more than a third of group income.</p><p>OCBC&#39;s diversified business provides it with multiple profit-making channels - including banking services, insurance services, and wealth management services - which help maintain stable performance during different economic cycles.</p><p>Although the narrowing of interest margins may bring short-term pressure, the bank&#39;s strong capital strength and stable commission income provide it with the impetus for sustainable development.</p><h2 id=\"id_1213042297\">Growth Potential: UOB vs OCBC</h2><p>What’s UOB’s edge?</p><p>The regional expansion of UOB has provided it with natural development space.</p><p>Citigroup&#39;s consumer asset integration initiative in the ASEAN region has enhanced its scale and expanded the coverage of its digital banking business.</p><p>As interest-based income returns to normal levels, the growth of fee income from wealth and payments will become a key factor.</p><p>On the other side, OCBC’s edge stems from its diversified platform. </p><p>The bank&#39;s business branches in the Greater China region, combined with its insurance department, have enabled it to explore market opportunities outside the ASEAN region.</p><p>The total managed assets increased by 11% year-on-year, reaching S$310 billion, indicating that the trend of wealth growth remains strong.</p><h2 id=\"id_2112999447\"></h2></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"U11.SI":"大华银行","O39.SI":"华侨银行"},"source_url":"https://thesmartinvestor.com.sg/uob-vs-ocbc-which-bank-offers-the-better-blend-of-growth-and-dividends/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2577343297","content_text":"The three major banks in Singapore have long been important pillars of local portfolios.These two banks - UOB and  OCBC Bank - have attracted attention because they have a good track record in terms of dividend payouts. This is not surprising.As interest rates begin to gradually decline, investors are closely watching how these two banks will respond to the situation of lower profit margins and reduced loan demand.UOB is increasing its business expansion in the region, while OCBC relies on its broader and more diversified business portfolio to maintain its development.But the real question is which strategy will stand out when the interest rate cycle changes.UOB: Expanding regional footprintIn recent years, UOB has been quietly expanding its business coverage in the ASEAN region.The acquisition of  Citigroup's consumer banking divisions in Malaysia, Thailand, Vietnam and Indonesia has brought the bank millions of new customers and enabled it to establish a foothold in some of the most dynamic markets in the region.The current task is to achieve integration.The management has been working hard to carry out product cross-selling activities, such as credit cards, personal loans and wealth management services, and over time, this has improved the profitability of the entire business network.In the first half of 2025 (1H2025), the bank’s net interest income (NII) remained stable at S$4.7 billion.Under non-interest income, net fee income recorded double-digit growth, supported by stronger wealth and card fees.Overall, UOB earned about S$4 billion in operating profit, up 3% compared to a year ago.UOB declared an interim dividend of S$0.85 per ordinary share, representing a payout ratio of approximately 50%, plus the second tranche of its special dividend worth S$0.25 per share, underscoring the management’s confidence in its capital strength.The advantage of this local bank lies in its growth journey within the ASEAN region, namely its orderly and strategically significant expansion initiatives in economies such as Vietnam and Indonesia. In these countries, the continuous growth of residents' income should support the credit demand.Although short-term profits will be limited by the narrowing profit margins, its strong capital base and stable dividend record make it an ideal choice for investors who seek returns while also hoping to gain regional growth advantages.OCBC: A diversified source of revenueOCBC operates under a multi-engine model.In addition to its traditional lending business, the bank has established a considerable business in the insurance and wealth management sectors, enabling it to gain an advantage when interest rates start to decline.Through its 89% stake in Great Eastern Holdings, OCBC has been able to deeply participate in the rapidly growing life insurance and investment markets in the region. In the case of narrowing loan interest rates, this provides it with important revenue security.That diversification works both ways. It gives OCBC greater earnings stability over the long run, but it can also make quarterly results look a little uneven when insurance valuations swing with the markets.For 1H2025, OCBC made about S$3.7 billion in profit — roughly 6% below last year’s level. The softer showing mainly came from thinner lending margins and a quieter performance at its insurance arm.The bank’s net interest margin eased to 1.98% for 1H2025, coming in at 1.92% in 2Q2025. In fact, management guided that full-year margins to land somewhere around 1.9% to 1.95%, with higher funding costs still eating into spreads.Lending was up by around 9% year on year, while deposits grew by 10% over the same period. It’s a steady outcome that highlights the depth of OCBC’s customer base across the region.Non-interest income climbed 8% year on year to S$2.6 billion, thanks to stronger card spending and wealth-management flows. Elsewhere, the bank’s wealth management income, including private banking, premier private client, premier banking, insurance, asset management and stockbroking, inched up 4% year on year to about S$2.7 billion, making up a little more than a third of group income.OCBC's diversified business provides it with multiple profit-making channels - including banking services, insurance services, and wealth management services - which help maintain stable performance during different economic cycles.Although the narrowing of interest margins may bring short-term pressure, the bank's strong capital strength and stable commission income provide it with the impetus for sustainable development.Growth Potential: UOB vs OCBCWhat’s UOB’s edge?The regional expansion of UOB has provided it with natural development space.Citigroup's consumer asset integration initiative in the ASEAN region has enhanced its scale and expanded the coverage of its digital banking business.As interest-based income returns to normal levels, the growth of fee income from wealth and payments will become a key factor.On the other side, OCBC’s edge stems from its diversified platform. The bank's business branches in the Greater China region, combined with its insurance department, have enabled it to explore market opportunities outside the ASEAN region.The total managed assets increased by 11% year-on-year, reaching S$310 billion, indicating that the trend of wealth growth remains strong.","news_type":1,"symbols_score_info":{"U11.SI":1.5,"O39.SI":1.5}},"isVote":1,"tweetType":1,"viewCount":248,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":402306199847080,"gmtCreate":1739246689849,"gmtModify":1739264164452,"author":{"id":"3555583326144917","authorId":"3555583326144917","name":"JWWan","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3555583326144917","authorIdStr":"3555583326144917"},"themes":[],"htmlText":"So the question is : what do you need so much free cash flow for? Building the future of course. &nbsp;Apple is far behind the AI race. &nbsp;No company can win without putting in investment. It's ok to invest and turns out it's a bad idea, but you can never sit there and wish other people are wrong. &nbsp;Just like Nokia phones&nbsp;","listText":"So the question is : what do you need so much free cash flow for? Building the future of course. &nbsp;Apple is far behind the AI race. &nbsp;No company can win without putting in investment. It's ok to invest and turns out it's a bad idea, but you can never sit there and wish other people are wrong. &nbsp;Just like Nokia phones&nbsp;","text":"So the question is : what do you need so much free cash flow for? Building the future of course. Apple is far behind the AI race. No company can win without putting in investment. It's ok to invest and turns out it's a bad idea, but you can never sit there and wish other people are wrong. Just like Nokia phones","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/402306199847080","repostId":"2510986075","repostType":2,"isVote":1,"tweetType":1,"viewCount":1096,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":401924626690344,"gmtCreate":1739153442578,"gmtModify":1739154267814,"author":{"id":"3555583326144917","authorId":"3555583326144917","name":"JWWan","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3555583326144917","authorIdStr":"3555583326144917"},"themes":[],"htmlText":"But Apple is way behind the AI race. &nbsp;Where is their next growth point?","listText":"But Apple is way behind the AI race. &nbsp;Where is their next growth point?","text":"But Apple is way behind the AI race. Where is their next growth point?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/401924626690344","repostId":"1148715748","repostType":2,"repost":{"id":"1148715748","kind":"news","pubTimestamp":1739152929,"share":"https://ttm.financial/m/news/1148715748?lang=&edition=fundamental","pubTime":"2025-02-10 10:02","market":"us","language":"en","title":"Apple Is Not Overvalued, Buy And Hold","url":"https://stock-news.laohu8.com/highlight/detail?id=1148715748","media":"Seeking Alpha","summary":"SummaryDespite bearish views, I believe Apple remains a compelling buy-and-hold stock for long-term investors, even at its current high price.Concerns include underwhelming iPhone 16 sales, intensifie","content":"<html><head></head><body><h2 id=\"id_2746060554\">Summary</h2><ul style=\"\"><li><p>Despite bearish views, I believe Apple remains a compelling buy-and-hold stock for long-term investors, even at its current high price.</p></li><li><p>Concerns include underwhelming iPhone 16 sales, intensified competition in China, longer upgrade cycles, and rich valuations.</p></li><li><p>Apple&#39;s strong cash flow, supply chain diversification, and brand loyalty mitigate these risks, making it a safer bet than its WACC suggests.</p></li><li><p>Paying 28x next-year EPS is fair for Apple, given its ecosystem strength, services growth, and robust balance sheet.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/3343d97ea78e72b284ad07b0651cd9ac\" alt=\"Kenneth Cheung\" title=\"Kenneth Cheung\" tg-width=\"750\" tg-height=\"500\"/><span>Kenneth Cheung</span></p><p>I don&#39;t often write rebuttal articles, but I feel compelled to do so today.</p><p>Recently, Seeking Alpha contributor Shubhm Mitessh Thakkar published the third &#34;strong sell&#34; rating on Apple (NASDAQ:AAPL) out of nearly 40 Seeking Alpha analyst articles released so far in 2025. While I disagree with his opinion that Apple is facing a potential 40% decline from current levels (more importantly, I deeply respect his opinion and those of other contributors on this platform), I sympathize with and often share his concerns.</p><p>Even so, I believe that Apple remains a compelling buy-and-hold stock for investors that are interested in compounding gains over a multi-year period, even at the current share price of $231 that is not too far from the all-time highs.</p><h2 id=\"id_1879327092\">AAPL: the bear case</h2><p>Rather than regurgitating Mr. Thakkar&#39;s bearish arguments in detail, I invite the reader to check out his well-reasoned article in full. But for the benefit of the &#34;TL;DR crowd&#34;, I list below the main topics that I intend to briefly tackle in this article, one at a time:</p><ul style=\"\"><li><p><strong>iPhone 16 and Apple Intelligence not well-received</strong>: Apple&#39;s new iPhone has not been a big hit, with total iPhone sales having dropped by an estimated 4% YOY in calendar Q4. Also, few consumers seem thrilled by Apple Intelligence.</p></li><li><p><strong>The &#34;China problem&#34;</strong>: competition seems to have intensified in the region, particularly against domestic vendors Huawei and Vivo, while Apple seems quite a bit exposed to the US-China trade war risk.</p></li><li><p><strong>Longer upgrade cycles</strong>: consumers seem to be hanging on to their phones for longer, putting pressure on demand for new iPhones.</p></li><li><p><strong>Rich valuations</strong>: a deep dive into intrinsic valuation analysis suggests that Apple&#39;s equity should be worth $144 per share rather than $231, suggesting a downside potential of roughly 40%.</p></li></ul><h2 id=\"id_2031006036\">On the iPhone 16 and AI</h2><p>Every iPhone cycle is plagued by intense skepticism. In 2017, many doubted that Apple could sell a phone for more than $1,000. In 2020, it was all about COVID-19 and the supply chain. The focus shifted to a combination of increased competition and an unfavorable macro landscape in 2022 and 2023, as interest rates skyrocketed alongside inflation. Last year was just more of the same, even if a different flavor of it.</p><p>From a trading perspective, in fact, there seems to be a &#34;buy the hype&#34; followed by a &#34;sell the news&#34; phenomenon that has been fairly consistent each year, making the third calendar quarter much better for investors than the fourth period -- the newest iteration of the iPhone is usually launched in September.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/12fed27a3c8c9a43e2ea107ea66b38fc\" alt=\"Stock Rover\" title=\"Stock Rover\" tg-width=\"1200\" tg-height=\"304\"/><span>Stock Rover</span></p><p>I don&#39;t expect the iPhone 16 (or the iPhone 17, 18, etc.) to be any different. Importantly, and at a higher level, I think that trying to time entries and exits into and out of the stock based on the success of the current-year phone model is too speculative and rarely leads to a whole lot of alpha being generated.</p><p>On Apple Intelligence, a bearish take poses two problems, in my view. First, it is hard to tell if there is or there will ever be any direct connection or correlation between how well received by consumers that particular AI feature or product is and Apple&#39;s stock price movements. My gut feeling says &#34;maybe&#34;, but only minimally at best.</p><p>Second, Apple Intelligence is still brand new, as are many other AI offerings in the market today. In fact, Apple Intelligence is barely reaching much of the world outside of the US (e.g., ChatGPT integration), with improvements to Siri expected to roll out only in April 2025.</p><p>So, except for a select few traders that might be trying to nail the timing of stock price movements driven by AI developments to the week or the month, I think that focusing on Apple Intelligence&#39;s shortfalls this early in the process might be a mistake.</p><p>Also, don&#39;t forget that Apple has a large pile of cash and extraordinary cash flow production abilities (in addition to eye-popping ROIC, suggesting that Apple can &#34;make money out of thin air&#34;) to address business problems with lots of dry powder as these challenges arise.</p><h2 id=\"id_4243833834\">On the China Problem</h2><p>China is a recurring problem for Apple, and it has been for years. Once considered the &#34;growth engine&#34;, the Greater China region has sputtered more than anything else in the past decade.</p><p>I wouldn&#39;t want to downplay the challenges and risks that Apple faces in the country, but two important qualifiers are worth highlighting. First, in what pertains to the supply side of the equation, Apple is substantially less dependent on the country today. Once upon a time, in 2020 (that is, shortly after the first trade war of 2018-2019 with China and the start of the COVID-19 crisis), about half of Apple&#39;s supplier count came from China. By the end of 2023, the number was a mere 33% (see chart below).</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/b4102f8ea8414181bededf85deba41ab\" alt=\"DM Martins Research, data from company reports\" title=\"DM Martins Research, data from company reports\" tg-width=\"640\" tg-height=\"392\"/><span>DM Martins Research, data from company reports</span></p><p>Apple&#39;s supply chain in Asia outside China, Japan, and Taiwan has more than doubled in size in only about three years, in an impressive supply chain diversification effort. Therefore, I see less of a China risk on the supply side, certainly relative to the pre-pandemic period.</p><p>On the demand side, Greater China continues to be the most volatile region in Apple&#39;s geographic portfolio. Quarterly revenue growth in the region has been in line with that of the total company and the Americas segment since 2019, at more than 7%. But the volatility in quarterly growth rates has been off the charts: 31% vs. only 14% for the total company (see chart below). This means that Greater China is highly unpredictable, which in turn plays a huge role in it probably not being a very important driver of the stock&#39;s value -- i.e., likely being all but irrelevant to the investment thesis.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/0826546f2832aef9c3684ab8c01c2386\" alt=\"DM Martins Research, data from company&#39;s IR page\" title=\"DM Martins Research, data from company&#39;s IR page\" tg-width=\"640\" tg-height=\"385\"/><span>DM Martins Research, data from company&#39;s IR page</span></p><h2 id=\"id_3194058358\">On the Upgrade Cycle</h2><p>Longer upgrade cycles are, in fact, a slight concern that I share with most bears. Worth noting, however, this issue has been at the forefront for many years, as Mr. Thakkar points out in his article, when he highlights that the average smartphone lifespan (consumer) has been increasing progressively from around 2.6 to nearly 3.0 years since 2013 at least.</p><p>Here, I think that Apple has done a good job making its phones more accessible to consumers by, primarily, (1) expanding the product portfolio to reach price points of as low as $429 for the iPhone SE, and (2) making payment plans widely available, which in turn has reduced Apple&#39;s dependence on carrier promos.</p><h2 id=\"id_3077322219\">On Apple&#39;s Valuation</h2><p>Valuation would probably be a good topic for an entire new 1,000-word article. The gist of it is that Apple has always traded at rich valuations, at least in the Tim Cook era, which has not prevented the stock from producing 185% cumulative returns in the past 5 years and gains of 630% in the past decade.</p><p>Regarding DCF, I used the valuation methodology in 2023 to &#34;realistically&#34; (that is, using assumptions that few would challenge as pie-in-the-sky) estimate Apple&#39;s equity value at $1.8 trillion. Since then, AAPL stock has climbed 32% in less than 18 months to be worth today about twice as much as my DCF&#39;s output.</p><p>Therefore, I would warn investors against trusting their spreadsheets blindly. In my view, the market perceives Apple to be a safer bet than the company&#39;s WACC (weighted average cost of capital) of over 10% might suggest, and I believe that this will continue to be the case for many years.</p><p>Considering (1) Apple&#39;s brand loyalty and the power of the ecosystem, (2) how compelling the services segment is, from a growth and cash flow predictability perspectives, and (3) the company&#39;s strong balance sheet and return metrics, I think that paying 28x next-year EPS is fair, even if not a once-in-a-lifetime bargain, for a stock like Apple.</p></body></html>","source":"lsy1728464409321","collect":0,"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>Apple Is Not Overvalued, Buy And Hold</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; 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}\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\">\nApple Is Not Overvalued, Buy And Hold\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-02-10 10:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4756449-apple-is-not-overvalued-buy-and-hold><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryDespite bearish views, I believe Apple remains a compelling buy-and-hold stock for long-term investors, even at its current high price.Concerns include underwhelming iPhone 16 sales, ...</p>\n\n<a href=\"https://seekingalpha.com/article/4756449-apple-is-not-overvalued-buy-and-hold\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://seekingalpha.com/article/4756449-apple-is-not-overvalued-buy-and-hold","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148715748","content_text":"SummaryDespite bearish views, I believe Apple remains a compelling buy-and-hold stock for long-term investors, even at its current high price.Concerns include underwhelming iPhone 16 sales, intensified competition in China, longer upgrade cycles, and rich valuations.Apple's strong cash flow, supply chain diversification, and brand loyalty mitigate these risks, making it a safer bet than its WACC suggests.Paying 28x next-year EPS is fair for Apple, given its ecosystem strength, services growth, and robust balance sheet.Kenneth CheungI don't often write rebuttal articles, but I feel compelled to do so today.Recently, Seeking Alpha contributor Shubhm Mitessh Thakkar published the third \"strong sell\" rating on Apple (NASDAQ:AAPL) out of nearly 40 Seeking Alpha analyst articles released so far in 2025. While I disagree with his opinion that Apple is facing a potential 40% decline from current levels (more importantly, I deeply respect his opinion and those of other contributors on this platform), I sympathize with and often share his concerns.Even so, I believe that Apple remains a compelling buy-and-hold stock for investors that are interested in compounding gains over a multi-year period, even at the current share price of $231 that is not too far from the all-time highs.AAPL: the bear caseRather than regurgitating Mr. Thakkar's bearish arguments in detail, I invite the reader to check out his well-reasoned article in full. But for the benefit of the \"TL;DR crowd\", I list below the main topics that I intend to briefly tackle in this article, one at a time:iPhone 16 and Apple Intelligence not well-received: Apple's new iPhone has not been a big hit, with total iPhone sales having dropped by an estimated 4% YOY in calendar Q4. Also, few consumers seem thrilled by Apple Intelligence.The \"China problem\": competition seems to have intensified in the region, particularly against domestic vendors Huawei and Vivo, while Apple seems quite a bit exposed to the US-China trade war risk.Longer upgrade cycles: consumers seem to be hanging on to their phones for longer, putting pressure on demand for new iPhones.Rich valuations: a deep dive into intrinsic valuation analysis suggests that Apple's equity should be worth $144 per share rather than $231, suggesting a downside potential of roughly 40%.On the iPhone 16 and AIEvery iPhone cycle is plagued by intense skepticism. In 2017, many doubted that Apple could sell a phone for more than $1,000. In 2020, it was all about COVID-19 and the supply chain. The focus shifted to a combination of increased competition and an unfavorable macro landscape in 2022 and 2023, as interest rates skyrocketed alongside inflation. Last year was just more of the same, even if a different flavor of it.From a trading perspective, in fact, there seems to be a \"buy the hype\" followed by a \"sell the news\" phenomenon that has been fairly consistent each year, making the third calendar quarter much better for investors than the fourth period -- the newest iteration of the iPhone is usually launched in September.Stock RoverI don't expect the iPhone 16 (or the iPhone 17, 18, etc.) to be any different. Importantly, and at a higher level, I think that trying to time entries and exits into and out of the stock based on the success of the current-year phone model is too speculative and rarely leads to a whole lot of alpha being generated.On Apple Intelligence, a bearish take poses two problems, in my view. First, it is hard to tell if there is or there will ever be any direct connection or correlation between how well received by consumers that particular AI feature or product is and Apple's stock price movements. My gut feeling says \"maybe\", but only minimally at best.Second, Apple Intelligence is still brand new, as are many other AI offerings in the market today. In fact, Apple Intelligence is barely reaching much of the world outside of the US (e.g., ChatGPT integration), with improvements to Siri expected to roll out only in April 2025.So, except for a select few traders that might be trying to nail the timing of stock price movements driven by AI developments to the week or the month, I think that focusing on Apple Intelligence's shortfalls this early in the process might be a mistake.Also, don't forget that Apple has a large pile of cash and extraordinary cash flow production abilities (in addition to eye-popping ROIC, suggesting that Apple can \"make money out of thin air\") to address business problems with lots of dry powder as these challenges arise.On the China ProblemChina is a recurring problem for Apple, and it has been for years. Once considered the \"growth engine\", the Greater China region has sputtered more than anything else in the past decade.I wouldn't want to downplay the challenges and risks that Apple faces in the country, but two important qualifiers are worth highlighting. First, in what pertains to the supply side of the equation, Apple is substantially less dependent on the country today. Once upon a time, in 2020 (that is, shortly after the first trade war of 2018-2019 with China and the start of the COVID-19 crisis), about half of Apple's supplier count came from China. By the end of 2023, the number was a mere 33% (see chart below).DM Martins Research, data from company reportsApple's supply chain in Asia outside China, Japan, and Taiwan has more than doubled in size in only about three years, in an impressive supply chain diversification effort. Therefore, I see less of a China risk on the supply side, certainly relative to the pre-pandemic period.On the demand side, Greater China continues to be the most volatile region in Apple's geographic portfolio. Quarterly revenue growth in the region has been in line with that of the total company and the Americas segment since 2019, at more than 7%. But the volatility in quarterly growth rates has been off the charts: 31% vs. only 14% for the total company (see chart below). This means that Greater China is highly unpredictable, which in turn plays a huge role in it probably not being a very important driver of the stock's value -- i.e., likely being all but irrelevant to the investment thesis.DM Martins Research, data from company's IR pageOn the Upgrade CycleLonger upgrade cycles are, in fact, a slight concern that I share with most bears. Worth noting, however, this issue has been at the forefront for many years, as Mr. Thakkar points out in his article, when he highlights that the average smartphone lifespan (consumer) has been increasing progressively from around 2.6 to nearly 3.0 years since 2013 at least.Here, I think that Apple has done a good job making its phones more accessible to consumers by, primarily, (1) expanding the product portfolio to reach price points of as low as $429 for the iPhone SE, and (2) making payment plans widely available, which in turn has reduced Apple's dependence on carrier promos.On Apple's ValuationValuation would probably be a good topic for an entire new 1,000-word article. The gist of it is that Apple has always traded at rich valuations, at least in the Tim Cook era, which has not prevented the stock from producing 185% cumulative returns in the past 5 years and gains of 630% in the past decade.Regarding DCF, I used the valuation methodology in 2023 to \"realistically\" (that is, using assumptions that few would challenge as pie-in-the-sky) estimate Apple's equity value at $1.8 trillion. Since then, AAPL stock has climbed 32% in less than 18 months to be worth today about twice as much as my DCF's output.Therefore, I would warn investors against trusting their spreadsheets blindly. In my view, the market perceives Apple to be a safer bet than the company's WACC (weighted average cost of capital) of over 10% might suggest, and I believe that this will continue to be the case for many years.Considering (1) Apple's brand loyalty and the power of the ecosystem, (2) how compelling the services segment is, from a growth and cash flow predictability perspectives, and (3) the company's strong balance sheet and return metrics, I think that paying 28x next-year EPS is fair, even if not a once-in-a-lifetime bargain, for a stock like Apple.","news_type":1,"symbols_score_info":{"AAPL":1.1}},"isVote":1,"tweetType":1,"viewCount":715,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":348959955144952,"gmtCreate":1726225563453,"gmtModify":1726225879428,"author":{"id":"3555583326144917","authorId":"3555583326144917","name":"JWWan","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3555583326144917","authorIdStr":"3555583326144917"},"themes":[],"htmlText":"How cute is that!","listText":"How cute is that!","text":"How cute is that!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/348959955144952","repostId":"2467495197","repostType":2,"repost":{"id":"2467495197","kind":"news","weMediaInfo":{"introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"media_name":"MT Newswires","id":"1060499803","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"pubTimestamp":1726221326,"share":"https://ttm.financial/m/news/2467495197?lang=&edition=fundamental","pubTime":"2024-09-13 17:55","market":"sg","language":"en","title":"Singapore Shares End Week Higher in Anticipation of US Fed Rate Cute","url":"https://stock-news.laohu8.com/highlight/detail?id=2467495197","media":"MT Newswires","summary":"Singapore's stock market ended the week in the positive territory, mirroring global gains in anticipation of US Federal Reserve interest rate cuts.The Straits Times Index (STI), a key benchmark for th","content":"<html><head></head><body><p>Singapore&#39;s stock market ended the week in the positive territory, mirroring global gains in anticipation of US Federal Reserve interest rate cuts.</p><p>The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 3,556.30 and 3,572.84 throughout the day. It ended the session at 3,562.65, up 6.12 points or 0.17% compared to Thursday&#39;s close.</p><p>In company news, shares of <a href=\"https://laohu8.com/S/5HV.SI\">Koh Brothers Eco Engineering</a> were up over 4% after the company subscribed to an additional 30 million shares in wholly owned subsidiary, Koh Brothers Building and Civil Engineering Contractor, for a total consideration of SG$30.0 million.</p><p><a href=\"https://laohu8.com/S/BS6.SI\">Yangzijiang Shipbuilding</a> closed over 3% higher, as the shipbuilder signed a joint venture agreement with Japan&#39;s Tsuneishi Holdings to acquire a 34% stake in Tsuneishi Group Shipbuilding.</p><p>Meanwhile, <a href=\"https://laohu8.com/S/A7RU.SI\">Keppel Infrastructure Trust</a> was up over 2% after the trust revealed that it had fully utilized proceeds of around SG$200 million it raised from a placement activity.</p></body></html>","collect":0,"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>Singapore Shares End Week Higher in Anticipation of US Fed Rate Cute</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\">\nSingapore Shares End Week Higher in Anticipation of US Fed Rate Cute\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1060499803\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires </p>\n<p class=\"h-time\">2024-09-13 17:55</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Singapore&#39;s stock market ended the week in the positive territory, mirroring global gains in anticipation of US Federal Reserve interest rate cuts.</p><p>The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 3,556.30 and 3,572.84 throughout the day. It ended the session at 3,562.65, up 6.12 points or 0.17% compared to Thursday&#39;s close.</p><p>In company news, shares of <a href=\"https://laohu8.com/S/5HV.SI\">Koh Brothers Eco Engineering</a> were up over 4% after the company subscribed to an additional 30 million shares in wholly owned subsidiary, Koh Brothers Building and Civil Engineering Contractor, for a total consideration of SG$30.0 million.</p><p><a href=\"https://laohu8.com/S/BS6.SI\">Yangzijiang Shipbuilding</a> closed over 3% higher, as the shipbuilder signed a joint venture agreement with Japan&#39;s Tsuneishi Holdings to acquire a 34% stake in Tsuneishi Group Shipbuilding.</p><p>Meanwhile, <a href=\"https://laohu8.com/S/A7RU.SI\">Keppel Infrastructure Trust</a> was up over 2% after the trust revealed that it had fully utilized proceeds of around SG$200 million it raised from a placement activity.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SG9999004360.SGD":"Nikko AM Shenton Thrift Fund SGD","BS6.SI":"扬子江船业","LU0620787316.HKD":"HSBC GIF ASIA EX JAPAN EQUITY SMALLER COMPANIES \"AD\" (HKD) INC","BK6501":"化工股","SGXZ27511609.SGD":"NIKKO AM SINGAPORE DIVIDEND EQUITY \"SGD\" (SGD) ACC","SG9999003826.SGD":"日兴资管新加坡股息基金 SGD","SG9999013460.SGD":"LionGlobal Singapore Dividend Equity Fund SGD","LU0082770016.USD":"HSBC GIF ASIA EX JAPAN SMALLER CO. \"AD\" INC","SG9999000475.SGD":"Aberdeen Standard Singapore Equity SGD","SG9999013486.USD":"LIONGLOBAL SINGAPORE DIVIDEND EQUITY (USD) INC A","LU0082770016.SGD":"HSBC GIF ASIA EX JAPAN EQUITY SMALLER COMPANIES \"AD\" (SGD) INC","SG9999003461.SGD":"United Asia Pacific Infrastructure SGD","SG9999000343.SGD":"Schroder Singapore Trust A Dis SGD","SG9999013478.USD":"利安新加坡股息基金","BK6031":"特种化学制品","BK6102":"燃气公用事业","SG9999002950.SGD":"United Asian Growth Opportunities SGD","BK6520":"工商业服务概念","5HV.SI":"许兄弟环保","BK6504":"工业制品概念","LU0164939612.USD":"HSBC GIF ASIA EX JAPAN SMALLER CO. \"AC\" ACC","BK6045":"建筑与工程","SG9999016042.SGD":"Schroder Singapore Trust A Acc SGD","A7RU.SI":"吉宝基础设施信托","STI.SI":"富时新加坡海峡指数","SG9999001069.SGD":"UOB UNITED ASIA PACIFIC GROWTH (SGD) ACC","SGXZ58947870.SGD":"LIONGLOBAL SINGAPORE DIVIDEND EQUITY (SGDHDG) INC","BK6065":"建筑机械与重型卡车"},"source_url":"https://www.mtnewswires.com/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2467495197","content_text":"Singapore's stock market ended the week in the positive territory, mirroring global gains in anticipation of US Federal Reserve interest rate cuts.The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 3,556.30 and 3,572.84 throughout the day. It ended the session at 3,562.65, up 6.12 points or 0.17% compared to Thursday's close.In company news, shares of Koh Brothers Eco Engineering were up over 4% after the company subscribed to an additional 30 million shares in wholly owned subsidiary, Koh Brothers Building and Civil Engineering Contractor, for a total consideration of SG$30.0 million.Yangzijiang Shipbuilding closed over 3% higher, as the shipbuilder signed a joint venture agreement with Japan's Tsuneishi Holdings to acquire a 34% stake in Tsuneishi Group Shipbuilding.Meanwhile, Keppel Infrastructure Trust was up over 2% after the trust revealed that it had fully utilized proceeds of around SG$200 million it raised from a placement activity.","news_type":1,"symbols_score_info":{"A7RU.SI":0.9,"BS6.SI":0.9,"STI.SI":0.78,"5HV.SI":0.9}},"isVote":1,"tweetType":1,"viewCount":944,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}