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Bank of America (BofA) Securities
China Focus
BofA warns China property slump to hit deals; favours Japan
BofA's Martin Siah is also positive on the “heavily oversold” S-REIT sector.
December 12, 2023
Zest
DBS offers better risk-reward with NIM and dividend
Based on the results of the local banks, DBS Group Holdings’ 2QFY2023 ended June results exceeded the expectations of analysts.
August 10, 2023
Company in the news
SingPost appoints BofA Securities as financial advisor for strategic review
The review will focus on SingPost's transition to a logistics business over time.
July 17, 2023
Broker's Calls
GoTo's risk-reward balanced, BoFA initiates 'neutral' with TP of IDR125
The analysts find GoTo to be fairly valued, in context of its fundamentals.
July 04, 2023
Singapore economy
Bank of America estimates Singapore's 2022 GDP to grow 5.2%; country to punt on wealth taxes this year
Singapore's budget, to be released Feb 18, will be closely watched for details on bolstering government revenues, says BofA.
January 19, 2022
Cryptocurrency
Bitcoin at US$50,000 as BofA says 'too large to ignore'
Bank of America says more regulation could be a positive for crypto in the long run.
October 06, 2021
Broker's Calls
Analysts positive on CDL's divestment as property group now on 'repair mode'
The analysts have given a range of target price estimates from $8 to $11.02 on CDL.
September 13, 2021
Global Economy
Briefs: Economists’ GDP forecasts unchanged; former Broadway Industrial Group CFO charged for insider trading
Former Broadway Industrial Group CFO Tan Chee Keong was charged in court on July 22 for insider trading.
July 22, 2021
Singapore economy
1Q2021 GDP growth a 'pleasant surprise', but further uncertainties abound
Given the growing uncertainty, economists are largely keeping their full-year 2021 forecasts intact for now.
May 28, 2021