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Guangdong True Health Nearly Triples in Hong Kong Trading Debut

(01:46 GMT) *Guangdong True Health Medical Technology Development Shares Open 159% Higher in Hong Kong Debut (01:47 GMT) *True Health Medical Technology Shares Last Trading 178% Higher From IPO Price (03:04 GMT) Guangdong True Health Nearly Triples in Hong Kong Trading DebutBy Jason ChauShares of C…

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StocksHK
NEWS dow-jones

Japan Has Ample Yen Intervention Ammunition to Deploy — Market Talk

The yen's move past 162 to the dollar raises intervention risks, with the level seen as the line where officials could step in, Maybank analysts say. So far, there is no clarity on if intervention is going to occur or occurring, but there has been continued jawboning from officials, they write in a…

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Forex
NEWS dow-jones

Singapore Dollar Edges Lower Amid Mixed Signals Over Expected U.S.-Iran Talks — Market Talk

The Singapore dollar weakens slightly against its U.S. counterpart in the Asian session amid mixed signals over expected U.S.-Iran talks. On the one hand, President Trump said that the "peace talks were due to resume Tuesday in Doha," Maybank analysts say in a FX Research & Strategy report. On the…

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Forex
dow-jones

Policy Execution Needed for Indonesian Equities Rerating — Market Talk

Consistent policy execution and macro stability could drive a continuous rerating for Indonesian equities, UOB Kay Hian analysts say in a note. The Jakarta Composite Index is one of the world's worst-performing indexes this year. While the JCI has rebounded from its early-June low, the recovery is…

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indexStocksID
dow-jones

MBSB Still Cautiously Optimistic on Malaysian Equities in 2H — Market Talk

MBSB Research remains optimistic but cautious with regard to Malaysia's equity market outlook in 2H, it says in a note. The market is likely to be supported by resilient economic growth, stronger corporate earnings and attractive valuations. However, potential Fed rate hikes, Middle East tensions…

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index
dow-jones

Palm Oil Falls on Weaker Soybean Oil — Market Talk

Palm oil prices fall in Asian trade, tracking lower soybean oil prices on the Chicago Board of Trade, says David Ng, a trader at Kuala Lumpur-based Iceberg X. The expectation of rising output in coming weeks is also seen as weighing on sentiment, he adds. Ng expects prices to face resistance at 4,6…

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Futures
dow-jones

'Caviar King' Xunlong Sci-Tech Climbs in Hong Kong Debut

(01:38 GMT) *Hangzhou Qiandaohu Xunlong Sci-Tech Shares Rise 36% to HK$103.00 From IPO Price in Hong Kong Trading Debut (02:40 GMT) 'Caviar King' Xunlong Sci-Tech Climbs in Hong Kong DebutBy Megan CheahShares of "caviar king" Hangzhou Qiandaohu Xunlong Sci-Tech rose on their first day of trading in…

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StocksHK