margin pressure

SINGAPORE (Aug 2): DBS Vickers Securities is maintaining “hold” on Hi-P International with a lower price target of $1.21 compared to $1.80 previously, after cutting FY18F and FY19F earnings by 23% and 29% respectively to account for lower margins.

SINGAPORE (July 29): OCBC and RHB are maintaining their “hold” and “neutral” calls on United Overseas Bank (UOB) with a target prices of $19.61 and $18.85 respectively.