Victek Co: 1 director

A director at Victek Co bought 8,000 shares at 3,833.750KRW and the significance rating of the trade was 68/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly s...

Jollibee Foods Corporation: 2 directors

Two Directors at Jollibee Foods Corporation bought/sold 323,510 shares at between 211.685PHP and 213.700PHP. The significance rating of the trade was 67/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company'...

TAP - ESG Report - Lucror Analytics

Omnia Technologies - ESG Report - Lucror Analytics

Lucror Analytics - Morning Views Asia

In today's Morning Views publication we comment on developments of the following high yield issuers: Shui On Land, Nickel Industries, China Oil & Gas, ReNew Energy, Vedanta Resources

China Property: Sales Remain Weak In Dec 25 While Property Investment ...

The NBS published industry data for Dec 25, which revealed weak industry fundamentals. Demand remains under pressure in Jan 26, with both new-home sales and secondary-home transactions continuing to post yoy declines even with the low base in Jan 25. We expect sales growth in 1Q26 to remain negative yoy, due to the high base since Feb 25 and weak demand. Policy uncertainty and weak policy implementation continue to be key concerns, and we remain UNDERWEIGHT on China’s property sector.

China Economic Activity: 4Q25 Growth Slows To 4.5% yoy; Full-Year Grow...

China’s 4Q25 GDP growth eased to 4.5% yoy, bringing 2025 growth to 5.0%, in line with the official target. December industrial production growth rose 5.2% yoy (-0.2ppt mom), but retail sales growth slowed to 0.9% yoy (-0.4ppt mom). FAI growth contracted further to -3.8% yoy ytd (-1.2ppt mom), dragged by persistent property FAI weakness (-17.2% ytd yoy). With momentum weakening into year-end, we expect more targeted policy support in 2026, particularly to stabilise property and boost consumption.

Malaysia Daily - Tuesday, January 20, 2026

Top Stories Sector Update | REITs We expect 4Q25 sector earnings and DPU to grow 9% yoy and 8% yoy respectively, boosted by inorganic expansion and AEIs. Upcoming results should see seasonally stronger retail spending and firmer hotel occupancy, while improving tenant sentiment after the SST changes supports positive rental reversion going forward. Further yield-spread compression hinges on any US Federal Reserve rate cuts and clarity surrounding WHT extension. Maintain MARKET WEIGHT. Our top pi...

Charoen Pokphand Foods (CPF TB) - 4Q25 Results Preview: Weak Gross Pro...

Company Update | Charoen Pokphand Foods (CPF TB/HOLD/Bt21.60/Target: Bt21.50) CPF is expected to report a core profit of Bt2,281m, down 64% yoy and 62% qoq. The qoq decline in gross profit margin will be mainly driven by lower ASPs. Despite short-term gains in domestic and Vietnam swine prices, earnings remain unexciting due to weak China prices, limited further reduction of raw material costs, and a high 1H25 base. Maintain HOLD with a lower target price of Bt21.50 (previously Bt23.00).

Kiatnakin Phatra Bank (KKP TB) - 4Q25: Results Beat; A Huge Improvemen...

Company Results | Kiatnakin Phatra Bank (KKP TB/HOLD/Bt67.75/Target: Bt72.00) KKP reported a net profit of Bt1.77b in 4Q25, up 26% yoy and 6% qoq. The results beat our and consensus expectations by 40% and 28% respectively. The key positive surprise was a qoq reduction in provision expenses and a less-than-expected decline in investment gains. Credit costs have decreased consistently, supporting a favourable asset quality outlook. Maintain HOLD. Target price: Bt72.00.

Thailand Daily - Tuesday, January 20, 2026

Top Stories Company Results | Kiatnakin Phatra Bank (KKP TB/HOLD/Bt67.75/Target: Bt72.00) KKP reported a net profit of Bt1.77b in 4Q25, up 26% yoy and 6% qoq. The results beat our and consensus expectations by 40% and 28% respectively. The key positive surprise was a qoq reduction in provision expenses and a less-than-expected decline in investment gains. Credit costs have decreased consistently, supporting a favourable asset quality outlook. Maintain HOLD. Target price: Bt72.00. Company Upd...

Greater China Daily: Tuesday, January 20, 2026

Top Stories Economics | Economic Activity China’s 4Q25 GDP growth eased to 4.5% yoy, bringing 2025 growth to 5.0%, in line with the official target. December industrial production growth rose 5.2% yoy (-0.2ppt mom), but retail sales growth slowed to 0.9% yoy (-0.4ppt mom). FAI growth contracted further to -3.8% yoy ytd (-1.2ppt mom), dragged by persistent property FAI weakness (-17.2% ytd yoy). With momentum weakening into year-end, we expect more targeted policy support in 2026, particularly t...

Singapore Daily: Tuesday, January 20, 2026

Top Stories Sector Update | Construction Singapore’s construction sector is undergoing a clear re-rating, supported by infrastructure projects and post-COVID project catch-up. Construction demand has surged to S$30b-40b annually, with listed contractors enjoying 2-4 years of orderbook visibility. Average sector valuations have risen to 13x 2025F PE and 10x 2026F PE from 9.5x and 8.0x previously. Maintain OVERWEIGHT; top picks are CENT, RGL and TWC. Market Spotlight US stocks were closed for ...

Regional Morning Meeting Notes: Tuesday, January 20, 2026

Greater China Economics | Economic Activity China’s 4Q25 GDP growth eased to 4.5% yoy, bringing 2025 growth to 5.0%, in line with the official target. December industrial production growth rose 5.2% yoy (-0.2ppt mom), but retail sales growth slowed to 0.9% yoy (-0.4ppt mom). FAI growth contracted further to -3.8% yoy ytd (-1.2ppt mom), dragged by persistent property FAI weakness (-17.2% ytd yoy). With momentum weakening into year-end, we expect more targeted policy support in 2026, particularly ...

Construction: Finding Alpha As Construction Valuations Re-rate

Singapore’s construction sector is undergoing a clear re-rating, supported by infrastructure projects and post-COVID project catch-up. Construction demand has surged to S$30b-40b annually, with listed contractors enjoying 2-4 years of orderbook visibility. Average sector valuations have risen to 13x 2025F PE and 10x 2026F PE from 9.5x and 8.0x previously. Maintain OVERWEIGHT; top picks are CENT, RGL and TWC.

Rukun Raharja (RAJA IJ) - Multi-pillar Expansion Driving Synergies

Small/Mid Cap Highlights | Rukun Raharja (RAJA IJ/NOT RATED/Rp6,750) RAJA is pursuing multiple expansions to enhance synergies. Key initiatives include a gas compressor generating US$7m-8m in EBITDA annually from 4Q25 under a five-year contract, minority acquisitions of LNG and LPG tankers, a 60 MMSCFD LNG plant in Kalimantan targeted for 2030, and a 120 km Balikpapan to Samarinda pipeline with COD in 4Q27. Its subsidiary RATU acquired 20% of HCML. RAJA trades at 53.4x 2025F PE, reflecting a pre...

Indonesia Daily - Tuesday, January 20, 2026

Small/Mid Cap Highlights | Rukun Raharja (RAJA IJ/NOT RATED/Rp6,750) RAJA is pursuing multiple expansions to enhance synergies. Key initiatives include a gas compressor generating US$7m-8m in EBITDA annually from 4Q25 under a five-year contract, minority acquisitions of LNG and LPG tankers, a 60 MMSCFD LNG plant in Kalimantan targeted for 2030, and a 120 km Balikpapan to Samarinda pipeline with COD in 4Q27. Its subsidiary RATU acquired 20% of HCML. RAJA trades at 53.4x 2025F PE, reflecting a pre...

Moody's Ratings announces completion of a periodic review of ratings o...

Moody's Ratings (Moody's) has completed a periodic review of the ratings of Industries Qatar Q.P.S.C. and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 13 January 2026 in which we reassessed the appropriateness of the ratings in the ...