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Joyce Jonathan représente la chanson française à l’émission chinoise d...
Joyce Jonathan représente la chanson française à l’émission chinoise de variétés « Ride the Wind 2024 » pour la toute première fois Dernièrement, cette émission populaire produite par la plateforme de streaming Mango TV a reçu sa première artiste française, à savoir la chanteuse Joyce Jonathan. Première en Chine pour Joyce Jonathan lors de l’émission de variétés « Ride the Wind 2024 »[Photo publiée avec l’aimable autorisation de Mango TV] CHANGSHA, Chine, 07 mai 2024 (GLOBE NEWSWIRE) -- Cette émission prend la forme d’un concours musical et sert de plateforme internationale d’échange...
Moody's Ratings affirms Sinochem Hong Kong's A3 issuer rating; revises...
Moody's Ratings (Moody's) has affirmed Sinochem Hong Kong (Group) Company Limited's (Sinochem HK) A3 issuer rating. At the same time, Moody's has affirmed the following ratings: (1) Sinochem HK's ba1 Baseline Credit Assessment (BCA) (2) The provisional (P)A3 local and foreign currency rating o...
Moody's Ratings affirms Sinochem Hong Kong's A3 issuer rating; revises...
穆迪投资者服务公司 1*请注意新闻稿之英文原版已于香港时间4月30日发放穆迪评级维持中化香港的A3发行人评级；展望调整为负面 香港，2024年4月30日—中文新闻稿为英文的翻译件。如有出入，以英文稿为准。穆迪评级 (穆迪) 已维持中化香港 (集团) 有限公司 (中化香港) 的A3发行人评级。与此同时，穆迪维持下列评级：(1) 中化香港ba1的基础信用评估 (BCA)；(2) 由中化香港担保的、中化离岸资本有限公司的有支持高级无抵押中期票据计划的暂行(P)A3本外币评级；根据该中期票据计划所发行票据的A3有支持高级无抵押债务评级；(3) 由中化香港担保的、中化离岸资本有限公司的有支持次级中期票据...
- Alicia Garcia Herrero
- Jianwei Xu
China’s local government debt expansion: what will happen next?
China’s recent public debt pile-up since the start of the pandemic has caused increasing concern for the market. A notable aspect of this surge is the rapid accumulation of debts in the on-balance sheet accounts of local governments, particularly due to the decreased land auction sales resulting from a housing market downturn.Although the off-balance sheet debt of local government financial vehicles (LGFVs) has been also rising, it has grown at a slower pace due to more stringent regulation. Thi...
Moody's Ratings says Transnetwork's rating (B2, Stable) is unchanged f...
Moody's Ratings (Moody's) said Transnetwork, LLC's (Transnetwork) announcement of its acquisition of Project Indigo (Indigo) and Project Blue (Blue) has no impact on the company's ratings at this time, including the B2 senior secured first lien bank credit facility rating. The rating outlook remains...
- Malaysia Research Team
Malaysia Daily - Tuesday, May 7, 2024
KEY HIG HLIGH TS Company Update CIMB Group (CIMB MK/BUY/RM6.75/Target: RM7.33) Page 2 Management remains optimistic about hitting its ROE targets, driven by stable NIM and non-interest income growth. Maintain BUY. TRADERS’ CORNER Page 5 B.I.G. Industries (BIG MK): Technical BUY JHM Consolidation (JHMC MK): Technical BUY
First National Bank Alaska announces unaudited results for first quart...
First National Bank Alaska announces unaudited results for first quarter 2024 ANCHORAGE, Alaska, May 06, 2024 (GLOBE NEWSWIRE) -- First National Bank Alaska’s (OTCQX:FBAK) net income for the first quarter of 2024 remained stable at $13.476 million, or $4.26 per share. This compares to a net income of $13.454 million, or $4.25 per share, for the same period in 2023. “Positive signs across sectors of the Alaska economy give First National an optimistic outlook for growth in the coming year, as evident in first quarter lending activity,” said Betsy Lawer, First National Board Chair and CE...
Moody's assigns provisional rating to Auto Loan ABS Program 2405 Serie...
Moody's SF Japan K.K. has assigned a provisional rating to the following transaction. The complete rating action is as follows: Transaction Name: Auto Loan ABS Program 2405 Series Class: ABL Rating: (P)Aaa (sf) Issue Amount: JPY398 million Interest Rate: Fixed Closing Date: May 13, 2024 Final Maturi...
Moody's assigns provisional rating to Auto Loan ABS Program 2405 Serie...
1/6NEWSContact:東京 東京齋藤 奈都子 関 雄介主任格付アナリスト／アナリスト 格付責任者／ｱｿｼｴｲﾄ･ﾏﾈｰｼﾞﾝｸﾞ･ﾃﾞｨﾚｸﾀｰストラクチャード・ファイナンス ストラクチャード・ファイナンスムーディーズSFジャパン株式会社 ムーディーズSFジャパン株式会社お客様専用電話番号：03-5408-4210 報道関係者電話番号：03-5408-4220お客様専用電話番号：03-5408-4210 報道関係者電話番号：03-5408-4220[MSFJ]信託提携オートローンプログラム2405シリーズに予備格付を付与 発行額3.98億円の証券化商品を対象として 2024年5月7日...
Helius Medical Technologies, Inc. Announces Pricing of $6.4 Million Pu...
Helius Medical Technologies, Inc. Announces Pricing of $6.4 Million Public Offering NEWTOWN, Pa., May 06, 2024 (GLOBE NEWSWIRE) -- Helius Medical Technologies, Inc. (Nasdaq: HSDT) (“Helius” or the “Company”), a neurotech company focused on delivering a novel therapeutic neuromodulation approach for balance and gait deficits, today announced the pricing of a public offering of 804,999 shares of its Class A common stock (“Common Stock”) and 2,047,222 Pre-Funded Warrants, each to purchase one share of Common Stock, together with accompanying Series A and Series B warrants to purchase up to a...
- Adrian Loh Tzum Yung
- Ariel Poh Yun Li
- Chong Lee Len
- Damon Shen
- Jacquelyn Yow Hui Li
- Jieqi Liu
- Johnny Yum Chung Man
- Kampon Akaravarinchai
- Kasemsun Koonnara
- Keith Wee Teck Keong
- Leow Huey Chuen
- Limartha Adhiputra
- Llelleythan Tan Tan
- Paula Ruth
- Stevanus Juanda
- Tanaporn Visaruthaphong
Regional Morning Notes - Tuesday, May 07, 2024
GREATER CHINA Sector Property: Expect sales improvement in May on low base; watch PBOC’s and NDRC’s actions in 2Q24; add Longfor to top picks. Results Estun Automation (002747 CH/SELL/Rmb16.64/Target: Rmb14.00): 4Q23/1Q24: Another two sets of disappointing results; erosion of ASP and margins not over yet. INDONESIA Results Ace Hardware Indonesia (ACES IJ/BUY/Rp880/Target: Rp1,200): 1Q24: NPAT up 29.3% yoy; in line with expectations. Indocement Tunggal Prakarsa (INTP IJ/BUY/Rp7,125/Target: Rp8,8...
1023 CIMB GROUP HOLDINGS BHD
F34 WILMAR INTERNATIONAL LIMITED
TOWR PT SARANA MENARA NUSANTARA TBK
INTP PT INDOCEMENT TUNGGAL PRAKARSA TBK
ACES PT ACE HARDWARE INDONESIA TBK
2747 ESTUN AUTOMATION
ONEE THE ONE ENTERPRISE PCL
SMGR SEMEN INDONESIA PERSERO TBK
ITC I-TAIL CORPORATION PUBLIC COMPANY LIMITED
- Jacquelyn Yow Hui Li
- Leow Huey Chuen
Wilmar International (WIL SP) - Recovery In China; Accumulate On Weakn...
We expect 2Q24 earnings to be higher qoq and yoy, which is different from previous years when 2Q is usually lower qoq. This is mainly attributed to enhanced operating margin and good sales volume across all segments. We believe YKA’s performance would continue to improve with stronger consumer sentiment, margin improvement and higher utilisation rate for soybean crushing. Maintain HOLD. Target price: S$3.35. Buy on weakness.
- Chong Lee Len
- Llelleythan Tan Tan
StarHub (STH SP) - Favourable Tailwinds As DARE+ Initiatives Near The ...
Starhub is set to reach an inflection point in 2H24 as the group reaches the tail end of its DARE+ investment programme. We expect to see expanding margins along with earnings growth from the ongoing realisation of DARE+ benefits, which are likely to lead to higher dividends in our view. Data roaming recovery remains on track while the group reiterated its commitment to its share buyback programme. In view of the lush 2024 dividend yield of 6.7%, we maintain BUY with the same target price of S$1...
- Adrian Loh Tzum Yung
Offshore Marine - Bullish View Remains Despite Recent Volatility In Th...
Termination of jack-up contracts in the Middle East has injected some uncertainty into the market, however dayrates and utilisation rates appear to be holding up well. Despite geopolitical tensions in that region, oil prices have not spiked to elevated levels while global oil demand has been robust. Recent US oil services companies’ 1Q24 results have been bullish, reinforcing our confidence in the sector. Sector rating: OVERWEIGHT.
- Tanaporn Visaruthaphong
The One Enterprise Public Company (ONEE TB) - 1Q24 Results Preview: We...
We expect ONEE to report weak net earnings of Bt38m in 1Q24 (-27% yoy, -80% qoq), mainly impacted by higher selling costs and flat revenue and gross margin. Revenue could come in at Bt1.4b (flat yoy, -17% qoq) in 1Q24, pressured by advertising income, copyright, and production businesses. Despite the weak 1Q24 earnings, we believe ONEE’s outlook should improve afterwards. Maintain BUY. Target price: Bt6.20.
- Kampon Akaravarinchai
I-TAIL Corp (ITC TB) - 1Q24: Strong Earnings On A yoy Basis; Expect 2H...
ITC reported 1Q24 core profit of Bt878m, up 112% yoy and 8% qoq. Although we expect the company’s 2Q24 earnings to continue to increase yoy and qoq, we expect its 2H24 earnings to face more headwinds following the lower ASPs, additional depreciation expenses from the new plant, and the minimum wage hike. Maintain HOLD. Target price: Bt20.00.
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