Research from SooChow CSSD Capital Markets (Asia), SCCM Asia Research

SCCM Asia Research

Research from SooChow CSSD Capital Markets (Asia)

Headquartered in Singapore, SooChow CSSD Capital Markets (Asia) is an investment bank focusing on emerging growth companies across Asia, providing a full suite of investment banking services, including corporate finance, mergers and acquisitions advisory, equity capital markets, institutional equities sales and trading and equities research.

SooChow CSSD Capital Markets (Asia)

Thematic (Sector/Industry)

<ul><li><a href="https://www.smartkarma.com/entities/first-real-estate-investment-trust" target="_blank" data-smartkarma-citation="entities:15848" rel="noopener">First REIT (FIRT SP)</a> enters Japan nursing home market with ~S$164m acquisition from Sponsor; Embarking on new 2.0 growth strategy</li><li><a href="https://www.smartkarma.com/entities/ck-asset-holdings-ltd" target="_blank" data-smartkarma-citation="entities:22650" rel="noopener">CK Asset Holdings (1113 HK)</a> opens Luxury condo Perfect 10 for preview with prices starting at S$3,200psf</li><li><a href="https://www.smartkarma.com/entities/boldtek-holdings-limited" target="_blank" data-smartkarma-citation="entities:2284" rel="noopener">Boldtek Holdings (LHO SP)</a> begins public preview of new boutique condo Zyanya; Prices starting at S$1,590psf</li></ul>

First REIT (FIRT SP) enters Japan nursing home market with ~S$164m acquisition from Sponsor; Embarking on new 2.0 growth strategyCK Asset Holdings (1113 HK) opens Luxury condo Perfect 10 for preview with prices starting at S$3,200psfBoldtek Holdings (LHO SP) begins public preview of new boutique condo Zyanya; Prices starting at S$1,590psf

ASEAN Builder's Scoop (8Dec21) - FIRT Enters Japan Nursing Home Market

Head of Research, Krungthai XSpring

Waraporn Wiboonkanarak

Head of Research

A full service Thai brokerage

Krungthai XSpring

Krungthai XSpring is a full service broker. The company provides a wide range of investment services such as Securities Brokerage, Derivative Agent Business, Securities Borrowing and Lending, Securities Trading, Underwriting, Financial Advisory, Wealth Advisory, Private Fund Management and International Markets Securities Trading. 

In terms of credibility, Fitch Ratings has assigned Krunghtai XSpring a long-term rating of AA- and a national short-term rating of F1+ with stable outlook.

Equity Bottom-Up

<ul><li>Technically, the SET Index is expected to weaken, with the support at 1,370/1,366 points and the resistance at 1,392/1,398 points.</li><li>The expectation is that he will signal the Fed's reluctance to hastily reduce the fed funds rate, contrary to the market's anticipation, suggesting a decreased probability of the Fed making a rate cut in March.</li><li>We recommend blue chip stocks with positive factors: GFPT, KBANK and WHA.</li></ul>

Technically, the SET Index is expected to weaken, with the support at 1,370/1,366 points and the resistance at 1,392/1,398 points.The expectation is that he will signal the Fed's reluctance to hastily reduce the fed funds rate, contrary to the market's anticipation, suggesting a decreased probability of the Fed making a rate cut in March.We recommend blue chip stocks with positive factors: GFPT, KBANK and WHA.

Hong Kong

CK Asset Holdings is a multinational conglomerate primarily engaged in property development and investment, hotel and serviced suite operation, and property and project management. The company also has interests in aircraft leasing, pub operations, and infrastructure and utility assets. It was founded in 2015 and is headquartered in Hong Kong.

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CK Asset Holdings (1113 HK)

ASEAN Builder's Scoop (8Dec21) - FIRT Enters Japan Nursing Home Market

FIRT enters Japan nursing home market; CK Asset previews Perfect 10 from S$3,200psf onwards; BDTK previews Zyanya from S$1,590psf onwards; Ascott...

SCCM Asia Research

Today's Dominant Ideas

Technically, the SET Index is expected to weaken, with the support at 1,370/1,366 points and the resistance at 1,392/1,398 points. The expectation...

Krungthai XSpring

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