Edge Invest

Zixin 1HFY2026 earnings double to RMB16.06 million

Zixin 1HFY2026 earnings double to RMB16.06 million - THE EDGE SINGAPORE

Zixin Group Holdings has reported earnings of RMB16.06 million for its 1HFY2026, double that of the year earlier period ended Sept. Revenue jumped by 40.8% y-o-y to RMB220.6 million.

The company, which processes sweet potato into foodstuffs, attributes the increase in both revenue and net profit to enhanced performance across the reportable business segments.

Zixin has recently started processing waste from the processing into poultry feed, forming what is called an "integrated circular economy for the sweet potato industrial value chain". 

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Stock Ticker TEM TES

Stock Ticker TEM TES - THE EDGE SINGAPORE

CGS International analyst William Tng has initiated an “add” call on Sanli Environmental 1E3 as he likes the company’s earnings prospects from FY2025 to FY2028. D05

In practice, most enterprises are choosing a hybrid approach: innovate quickly in the cloud, then bring insights and models into the mainframe for secure, real-time execution. 

Petra Goude, president of Strategic Markets, Kyndyl

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CGSI initiates ‘add’ call on Sanli Environmental with TP of 51 cents QA

CGSI initiates ‘add’ call on Sanli Environmental with TP of 51 cents QA - THE EDGE SINGAPORE

CGS International analyst William Tng has initiated an “add” call on Sanli Environmental 1e3 as he likes the company’s earnings prospects from FY2025 to FY2028.

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OCBC's Lim initiates coverage of Hong Leong Asia with 'buy' call and $3.40 fair value on 'constructive' outlook

OCBC's Lim initiates coverage of Hong Leong Asia with 'buy' call and $3.40 fair value on 'constructive' outlook - THE EDGE SINGAPORE

Ada Lim bad of OCBC Investment Research has initiated coverage of Hong Leong Asia H22 with a "buy" call and $3.40 fair value price, given its "constructive" outlook.

HLA is in the business of building materials and via a separately listed China-based subsidiary, China Yuchai, manufactures and sells powertrains as well.

In her Aug 25 report, Lim points Capital World 1d5 out that HLA's powertrain division is set to enjoy growth thanks to "burgeoning" demand from data centres.

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QA SPDR Straits Times Index ETF proves its strength as core Singapore market exposure

QA SPDR Straits Times Index ETF proves its strength as core Singapore market exposure - THE EDGE SINGAPORE

Singapore’s first locally created exchange-traded fund (ETF), the SPDR Straits Times Index ETF (ES3), has retained its leading status in the local ETF market. At The Edge Singapore’s Best Funds Awards 2025, the fund took the top spot under the Singapore ETFs category, marking another milestone in its two-decade track record of delivering relatively low-cost, transparent access to Singapore’s most prominent listed companies.

Brokers’ Digest: Wilmar, Keppel DC REIT, F&N, Singtel, Food Empire, Boustead Singapore, ST Engineering

Brokers’ Digest: Wilmar, Keppel DC REIT, F&N, Singtel, Food Empire, Boustead Singapore, ST Engineering - THE EDGE SINGAPORE

Wilmar International
Price target:
CGS International ‘reduce’ $2.70

Growing regulatory risks

Jacquelyn Yow of CGS International, citing growing regulatory risks in Indonesia, has downgraded Wilmar International F34 to “reduce” from “hold” and lowered its target price to $2.70 from $3.15.

“We reckon that regulatory uncertainties in Indonesia would continue to cast a shadow over Wilmar’s near-term outlook,” states Yow in her July 18 note.

From America to Asia, ‘timing is right’ for SGX measures: Ng Kok Song

From America to Asia, ‘timing is right’ for SGX measures: Ng Kok Song - THE EDGE SINGAPORE

The timing is right for measures by the Monetary Authority of Singapore’s (MAS) equities market review group to be implemented, says Ng Kok Song, co-founder and executive chairman of Avanda Investment Management. The decade-old asset management company is one of three firms selected by the central bank and financial regulator to launch fund strategies under the $5 billion Equity Market Development Programme (EQDP).

Great Eastern Holdings to issue bonus ordinary shares and Class C shares around Aug 19; declares 1H dividend of 50 cents

Great Eastern Holdings to issue bonus ordinary shares and Class C shares around Aug 19; declares 1H dividend of 50 cents - THE EDGE SINGAPORE

The mainframe computer turned 60 last year. For decades, these room-sized machines have been the reliable but unglamorous workhorses powering large organisations, especially banks and government offices. But far from being retired, the platform is staging a comeback as artificial intelligence (AI) redefines the value of real-time and secure computing.

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