Small/ Mid-Cap Trends - SG & HK Market

Our top picks in the previous webinar have shown positive return as oil & gas related stocks performed well on the back of rising geopolitical tensions in the Middle East (Macrco Polo +11%, Riverstone +1%, CSE +0%).

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

We will be revealing an infrastructure-related company that will benefit from the winning of more contracts and strong earnings growth. Also, it offers an attractive dividend yield of around 6.5%.

We also have our Hong Kong analyst to share an idea in the financial sector. After experiencing a significant price correction recently, Hong Kong insurers’ current valuation do not fully reflect its fundamentals given the solid sales growth and margin improvement. Any upside surprise in new business or favourable updates in shareholder returns could turn sentiment around.