DBS upped its AUA growth assumption for iFast to 15 per cent for FY20 and FY21 each, from 12 per cent previously.
"Recent developments bode well for iFast. The group is in the bidding for more large-scale projects, which could be a game changer if awarded," she wrote. iFast is part of a consortium vying to operate Hong Kong's digital pension system, and is also gunning for a digital wholesale bank licence in Singapore.
Compared to other analysts, DBS is more optimistic on iFast given the group's scalable business model and the drive towards digitalisation, Ms Ling said.
Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:
Italia Ultime Notizie, Italia Notizie
Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.
DBS says worst over for earnings of Singapore-listed companiesSINGAPORE (THE BUSINESS TIMES) - Despite deep cuts in the latest quarterly earnings of Singapore-listed companies and trusts, the worst is now behind them, said DBS Group Research in a market strategy report on Monday (Sept 7).. Read more at straitstimes.com.
Fonte: The Straits Times - 🏆 8. / 63 Leggi di più »
Brokers' take: DBS says worst over for listco earnings; Maybank likes Wilmar, ComfortDelGroDESPITE deep cuts in the latest quarterly earnings of Singapore-listed companies and trusts, the worst is now behind them, said DBS Group Research in a market strategy report on Monday. Read more at The Business Times.
Fonte: BusinessTimes - 🏆 15. / 51 Leggi di più »
Brokers' take: DBS, UOBKH deem CapitaLand Reits' merger attractiveTHE proposed union of CapitaLand Mall Trust (CMT) and CapitaLand Commercial Trust (CCT) offers an opportunity for their unitholders to ride on the benefit of a bigger vehicle post-merger, said DBS Group Research. Read more at The Business Times.
Fonte: BusinessTimes - 🏆 15. / 51 Leggi di più »