Small/ Mid-Cap Trends – SG & HK Market

Our top picks in the previous webinar have shown mixed return. CSE Global recorded a robust return of 17% due to removal of overhang as we think a significant shareholder has completed the selling of its stake. On the other hand, manufacturing stocks were impacted by fear of more restrictive measures imposed by the US in the semiconductor industry (Frencken -15%, Valuetronics -3%).

The ongoing geopolitical uncertainties and higher-for-longer interest rate environment continue to cast uncertainties on the broad market. As a result, it is important to stay selective on quality stocks with good fundamentals.

In this upcoming webinar, we will be revealing a leading construction and engineering company that will benefit from record high tendering activities, which will lead to potential winning of huge contracts. Also, the company has shown a good track record in earnings growth and raising its dividend over the last 5 years.

Additionally, we have invited our Hong Kong analyst to share an idea in the technology sector. Artificial Intelligence (AI) will revive the smartphone market's growth in the coming years, particularly Apple Intelligence, to drive a new demand upcycle. The visibility of the specs upgrade trend in 2024 is clear, as brands are now trying to take share in the high-end segment, as high-end phones will likely register better growth given consumers' spending habits, as well as the rising importance of on-device gen-AI. This will benefit the suppliers with extensive client coverage and higher exposure to the high-end segment.

Join us as we reveal more small/mid cap gems that could potentially outperform the STI Index.