$Bright Green(BGXX.US)$ ”
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$JPMorgan Chase & Co. Holdings(BK2622.US)$ hello

$DBS Group Holdings(D05.SG)$ $JPMorgan Chase & Co. Holdings(BK2622.US)$
According to JP Morgan's analyst Harsh Wardhan Modi, “We do not expect a re-rating in the near term. If the bank is able to navigate the asset quality cycle well (which stays our base case), then the stock should meaningfully re-rate in FY2024-FY2025. Acco...

$DBS Group Holdings(D05.SG)$
According to analyst Harsh Wardhan Modi, $JPMorgan Chase & Co. Holdings(BK2622.US)$ ’s global economics team is anticipating a US recession in 2023, which has implications for growth in Asia.
As current accounts and savings account (CASA) depositors switch to fixed deposits, DBS’s higher cost of funds should increase faster than the street’s expectations, Modi reckons, and this may imply that net...

$Morgan Stanley(MS.US)$, notable for its cautious view, lifted its targets for the country’s stock gauges last week, expecting the $iShares Core MSCI China Index ETF(02801.HK)$ MSCI China Index to rally 14% by the end of next year. $Bank of America(BAC.US)$ has turned tactically positive on China.
$JPMorgan Chase & Co. Holdings(BK2622.US)$ had moved even faster, calling the market meltdown late last month a buying opportunity, a breakaway from the bank’s “uninvest...

$Jefferies Financial(JEF.US)$ │Market digested the epidemic impact on Alibaba; investors were advised to pay attention to the recovery of the three growth pillars: consumption, globalization, and cloud business
$瑞士信贷(CS.US)$ │Strong quarterly results beat; stock was reaffirmed as the sector top pick
$DBS Group Holdings(D05.SG)$ │2FQ non-GAAP net profit hiked 19%, beating expectations
$Citigroup(C.US)$ │2FQ profit and EBITA growth beat
$UBS Group(UBS.US)$ │2FQ revenue missed target ...

Brokers  │ Ratings │  TPs (HKD)
$Jefferies Financial(JEF.US)$│Buy│212
$瑞士信贷(CS.US)$│Outperform│147
$DBS Group Holdings(D05.SG)$│Buy│144
$UBS Group(UBS.US)$ │Buy│137
$JPMorgan Chase & Co. Holdings(BK2622.US)$ │Overweight│130->135
$Macquarie Global Infrastructure Total Return Fund Inc.(MGU.US)$ │Outperform│135.6->134.6
$Goldman Sachs(GS.US)$│Buy│134->130
Daiwa│Buy│127
$BOCOM INTL(03329.HK)$│Buy│120->123
$BABA-SW(09988.HK)$ $Alibaba(BABA.US)$ $Daiwa Securities Group (ADR)(DSEEY.US)$ $China Concept Stocks(BK2517.US)$ $Hang Seng TECH Index(800700.HK)$

$JPMorgan(JPM.US)$ reported that it turned cautious about $BABA-SW(09988.HK)$ 's revenue outlook as of the end of September. It is expected that China's retail commercial customer management (CMR) revenue in the quarter fell by 4% year on year, mainly due to weak Chinese consumption in the quarter.
On the other hand, due to Alibaba's firm commitment to cost sav...

Although $TENCENT(00700.HK)$ and $NTES-S(09999.HK)$ both obtained the license of casual games in September this year, which is the first time since July 2021, it is still uncertain whether the future blockbuster games can be approved. In online game stocks, the bank is optimistic about Tencent rather than Netease because of the recovery of Tencent's profit growth in the second half of this year and the mon...