Small/ Mid-Cap Trends - SG & HK Market
Our top picks in the previous webinar have shown strong return as we encourage continuous investment in quality stocks amid major market correction. Oiltek recorded a 19% return from positive news flow and contract wins while China Sunsine's share price rose 15% backed by its attractive dividend yield and strong cash balance. Also, Propnex delivered a 9% return due to consistent and strong demand for residential properties in Singapore.
The ongoing geopolitical uncertainties and potential escalation of trade tariffs continue to weigh on market. However, there could be some green shoots as some tariff deals may be concluded and the China government continues to stimulate its economy. Nonetheless, it is important stay selective on quality stocks with good fundamentals.
We will be revealing a manufacturing company that is based in Vietnam that has benefited from winning new customers and expanding into a new business segment. Also, it that has a strong balance sheet where net cash forming around 70% of its market cap. In addition, the company offers an attractive dividend yield of more than 6% and has been conducting share buy backs actively.
Our Hong Kong analyst will also share ideas in the automobile sector. The trade war overshadows the global market, with the US imposing tariffs of up to 245% on Chinese goods. However, some industries have limited exposure to the US market, they have benefited from China's enhanced economic and trade relations with Europe and Southeast Asia, which have allowed them to capture markets and provide more room for growth in their export business.
Join us as we reveal more small/mid cap gems that could potentially outperform the STI Index.
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