Latest news with #AsianStocks
CNA
11-07-2025
- Business
- CNA
Asian stocks attract foreign inflows for second month, but tariff outlook clouds
Asian stocks drew foreign inflows for a second straight month in June, buoyed by investors wagering on U.S. Federal Reserve interest rate cuts and a softer U.S. dollar, though gains were capped by jitters over looming U.S. tariffs. Foreign investors bought a net $6.02 billion worth of equities across Taiwan, South Korea, India, Thailand, Indonesia, Vietnam, and the Philippines in June, down from $10.65 billion in the previous month, according to LSEG data. The MSCI Asia ex-Japan Index rose 5.33 per cent last month, its strongest monthly gain since September 2024, outperforming the MSCI World Index, which advanced 4.36 per cent. Upbeat demand for artificial intelligence-linked products, underscored by record highs in chip-maker Nvidia and Broadcom last month, spurred strong foreign inflows into Asia's technology sector, with Taiwan and South Korea - the region's dominant tech exporters - attracting net purchases of $3.22 billion and $2.01 billion, respectively. Foreign investors also added a net $1.69 billion worth of Indian stocks in a third straight month of net purchases. Indonesian, Thai, Vietnamese and Philippines stocks, meanwhile, saw net outflows of $515 million, $243 million, $73 million and $72 million, respectively in the last month. However, analysts remained cautious about the regional outlook, which hinges largely on tariff policy decisions by U.S. President Donald Trump. Earlier this week, Trump postponed his tariff deadline to August 1 from the previous July 9 to allow time for negotiations, but simultaneously escalated trade tensions by announcing new duty rates for several countries, including major trading partners Japan and South Korea, and imposing a 50 per cent tariff on copper. While tariff uncertainty now extends to August, the growth impact may be less severe than feared, Goldman Sachs said on Friday, and that final announcements could act as a risk-positive "clearing event" despite higher-than-expected rates.
Yahoo
08-07-2025
- Business
- Yahoo
Asian Penny Stocks To Watch With Market Caps At Least US$200M
As global markets continue to navigate a complex landscape, Asian stocks remain a focal point for investors seeking opportunities in diverse economies. Penny stocks, often overlooked due to their vintage nomenclature, still represent an intriguing segment for those interested in smaller or newer companies. By focusing on financial robustness and growth potential, these stocks can offer unexpected value and stability amidst broader market movements. Name Share Price Market Cap Financial Health Rating Lever Style (SEHK:1346) HK$1.28 HK$807.62M ★★★★★★ Ever Sunshine Services Group (SEHK:1995) HK$2.09 HK$3.61B ★★★★★☆ TK Group (Holdings) (SEHK:2283) HK$2.22 HK$1.85B ★★★★★★ CNMC Goldmine Holdings (Catalist:5TP) SGD0.42 SGD170.22M ★★★★★☆ Goodbaby International Holdings (SEHK:1086) HK$1.11 HK$1.85B ★★★★★★ T.A.C. Consumer (SET:TACC) THB4.38 THB2.63B ★★★★★★ Yangzijiang Shipbuilding (Holdings) (SGX:BS6) SGD2.19 SGD8.62B ★★★★★☆ Beng Kuang Marine (SGX:BEZ) SGD0.21 SGD42.46M ★★★★★★ BRC Asia (SGX:BEC) SGD3.17 SGD869.69M ★★★★★★ United Energy Group (SEHK:467) HK$0.52 HK$13.44B ★★★★★★ Click here to see the full list of 991 stocks from our Asian Penny Stocks screener. Let's take a closer look at a couple of our picks from the screened companies. Simply Wall St Financial Health Rating: ★★★★★★ Overview: Inkeverse Group Limited is an investment holding company that operates mobile live streaming platforms in the People's Republic of China, with a market cap of HK$2.56 billion. Operations: The company generates revenue primarily from its Live Streaming Business, which amounted to CN¥6.85 billion. Market Cap: HK$2.56B Inkeverse Group, with a market cap of HK$2.56 billion, primarily generates revenue from its Live Streaming Business amounting to CN¥6.85 billion. Despite being debt-free and having strong short-term assets (CN¥4 billion) exceeding liabilities, the company faces challenges with negative earnings growth (-53.4%) and reduced profit margins (2.6% from 5.6%). A significant one-off loss of CN¥99.7 million impacted recent financials, highlighting volatility in performance despite stable weekly volatility at 8%. The experienced board and management team offer some stability as the company trades below estimated fair value by 24.2%. Click here and access our complete financial health analysis report to understand the dynamics of Inkeverse Group. Evaluate Inkeverse Group's historical performance by accessing our past performance report. Simply Wall St Financial Health Rating: ★★★★☆☆ Overview: Low Keng Huat (Singapore) Limited is an investment holding company involved in property development, hotel operations, and investments across Singapore, Australia, and Malaysia with a market cap of SGD280.75 million. Operations: The company's revenue is primarily derived from property development at SGD415.78 million, supplemented by hotel operations generating SGD50.08 million and investments, including construction, contributing SGD66.71 million. Market Cap: SGD280.75M Low Keng Huat (Singapore) Limited, with a market cap of SGD280.75 million, derives significant revenue from property development (SGD415.78 million), hotel operations (SGD50.08 million), and investments including construction (SGD66.71 million). The company recently became profitable, although earnings have declined by 50.5% annually over the past five years. Short-term assets of SGD409 million comfortably cover both short and long-term liabilities, yet the net debt to equity ratio remains high at 62.1%. Despite stable weekly volatility at 6%, interest coverage is weak at 1.3x EBIT, and dividend payments are not well supported by earnings. Get an in-depth perspective on Low Keng Huat (Singapore)'s performance by reading our balance sheet health report here. Gain insights into Low Keng Huat (Singapore)'s historical outcomes by reviewing our past performance report. Simply Wall St Financial Health Rating: ★★★★★☆ Overview: Xiamen Hexing Packaging Printing Co., Ltd. operates in the packaging and printing industry, with a market cap of CN¥4.19 billion. Operations: The company generates revenue of CN¥11.23 billion from its packaging manufacturing industry segment. Market Cap: CN¥4.19B Xiamen Hexing Packaging Printing Co., Ltd. demonstrates a stable financial position with short-term assets of CN¥4.4 billion exceeding both its short and long-term liabilities, reflecting solid liquidity. The company's net debt to equity ratio at 16.6% is satisfactory, and its interest payments are well covered by EBIT at 3.5x coverage, indicating manageable leverage levels. While earnings growth over the past year outpaced the industry average, profitability remains modest with a net profit margin of 1%. Recent activities include a share buyback program worth up to CN¥100 million and a cash dividend increase, suggesting shareholder-friendly initiatives despite fluctuating revenue figures. Take a closer look at Xiamen Hexing Packaging Printing's potential here in our financial health report. Examine Xiamen Hexing Packaging Printing's earnings growth report to understand how analysts expect it to perform. Discover the full array of 991 Asian Penny Stocks right here. Ready For A Different Approach? This technology could replace computers: discover the 26 stocks are working to make quantum computing a reality. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include SEHK:3700 SGX:F1E and SZSE:002228. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Yahoo
07-07-2025
- Business
- Yahoo
Asian Penny Stocks To Watch With Market Caps At Least US$200M
As global markets continue to navigate a complex landscape, Asian stocks remain a focal point for investors seeking opportunities in diverse economies. Penny stocks, often overlooked due to their vintage nomenclature, still represent an intriguing segment for those interested in smaller or newer companies. By focusing on financial robustness and growth potential, these stocks can offer unexpected value and stability amidst broader market movements. Name Share Price Market Cap Financial Health Rating Lever Style (SEHK:1346) HK$1.28 HK$807.62M ★★★★★★ Ever Sunshine Services Group (SEHK:1995) HK$2.09 HK$3.61B ★★★★★☆ TK Group (Holdings) (SEHK:2283) HK$2.22 HK$1.85B ★★★★★★ CNMC Goldmine Holdings (Catalist:5TP) SGD0.42 SGD170.22M ★★★★★☆ Goodbaby International Holdings (SEHK:1086) HK$1.11 HK$1.85B ★★★★★★ T.A.C. Consumer (SET:TACC) THB4.38 THB2.63B ★★★★★★ Yangzijiang Shipbuilding (Holdings) (SGX:BS6) SGD2.19 SGD8.62B ★★★★★☆ Beng Kuang Marine (SGX:BEZ) SGD0.21 SGD42.46M ★★★★★★ BRC Asia (SGX:BEC) SGD3.17 SGD869.69M ★★★★★★ United Energy Group (SEHK:467) HK$0.52 HK$13.44B ★★★★★★ Click here to see the full list of 991 stocks from our Asian Penny Stocks screener. Let's take a closer look at a couple of our picks from the screened companies. Simply Wall St Financial Health Rating: ★★★★★★ Overview: Inkeverse Group Limited is an investment holding company that operates mobile live streaming platforms in the People's Republic of China, with a market cap of HK$2.56 billion. Operations: The company generates revenue primarily from its Live Streaming Business, which amounted to CN¥6.85 billion. Market Cap: HK$2.56B Inkeverse Group, with a market cap of HK$2.56 billion, primarily generates revenue from its Live Streaming Business amounting to CN¥6.85 billion. Despite being debt-free and having strong short-term assets (CN¥4 billion) exceeding liabilities, the company faces challenges with negative earnings growth (-53.4%) and reduced profit margins (2.6% from 5.6%). A significant one-off loss of CN¥99.7 million impacted recent financials, highlighting volatility in performance despite stable weekly volatility at 8%. The experienced board and management team offer some stability as the company trades below estimated fair value by 24.2%. Click here and access our complete financial health analysis report to understand the dynamics of Inkeverse Group. Evaluate Inkeverse Group's historical performance by accessing our past performance report. Simply Wall St Financial Health Rating: ★★★★☆☆ Overview: Low Keng Huat (Singapore) Limited is an investment holding company involved in property development, hotel operations, and investments across Singapore, Australia, and Malaysia with a market cap of SGD280.75 million. Operations: The company's revenue is primarily derived from property development at SGD415.78 million, supplemented by hotel operations generating SGD50.08 million and investments, including construction, contributing SGD66.71 million. Market Cap: SGD280.75M Low Keng Huat (Singapore) Limited, with a market cap of SGD280.75 million, derives significant revenue from property development (SGD415.78 million), hotel operations (SGD50.08 million), and investments including construction (SGD66.71 million). The company recently became profitable, although earnings have declined by 50.5% annually over the past five years. Short-term assets of SGD409 million comfortably cover both short and long-term liabilities, yet the net debt to equity ratio remains high at 62.1%. Despite stable weekly volatility at 6%, interest coverage is weak at 1.3x EBIT, and dividend payments are not well supported by earnings. Get an in-depth perspective on Low Keng Huat (Singapore)'s performance by reading our balance sheet health report here. Gain insights into Low Keng Huat (Singapore)'s historical outcomes by reviewing our past performance report. Simply Wall St Financial Health Rating: ★★★★★☆ Overview: Xiamen Hexing Packaging Printing Co., Ltd. operates in the packaging and printing industry, with a market cap of CN¥4.19 billion. Operations: The company generates revenue of CN¥11.23 billion from its packaging manufacturing industry segment. Market Cap: CN¥4.19B Xiamen Hexing Packaging Printing Co., Ltd. demonstrates a stable financial position with short-term assets of CN¥4.4 billion exceeding both its short and long-term liabilities, reflecting solid liquidity. The company's net debt to equity ratio at 16.6% is satisfactory, and its interest payments are well covered by EBIT at 3.5x coverage, indicating manageable leverage levels. While earnings growth over the past year outpaced the industry average, profitability remains modest with a net profit margin of 1%. Recent activities include a share buyback program worth up to CN¥100 million and a cash dividend increase, suggesting shareholder-friendly initiatives despite fluctuating revenue figures. Take a closer look at Xiamen Hexing Packaging Printing's potential here in our financial health report. Examine Xiamen Hexing Packaging Printing's earnings growth report to understand how analysts expect it to perform. Discover the full array of 991 Asian Penny Stocks right here. Ready For A Different Approach? This technology could replace computers: discover the 26 stocks are working to make quantum computing a reality. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include SEHK:3700 SGX:F1E and SZSE:002228. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Bloomberg
07-07-2025
- Business
- Bloomberg
Asian Investors Brace for Renewed Tariff Fallout: Markets Wrap
Asian stocks face renewed pressure Tuesday after President Donald Trump announced higher tariffs on key regional trading partners including Japan and South Korea. Stock futures pointed to declines in Tokyo and Sydney, after Wall Street equities fell from all-time highs and the dollar climbed. US equity contracts dropped in early Asia trading.
Free Malaysia Today
02-07-2025
- Business
- Free Malaysia Today
Asian stocks waver, dollar frail as Trump's tariffs, US rate path weighs
Japan's Nikkei fell 0.78%, dragged by tech stocks. (AP pic) SINGAPORE : Asian stocks slipped today and the US dollar languished near 3-1/2-year lows as investors weighed the prospect of US interest rate cuts and the scramble for trade deals ahead of President Donald Trump's July 9 deadline for tariffs. Trump said he was not considering extending the July 9 deadline for countries to negotiate trade deals with the US, and cast doubts again that an agreement could be reached with Japan, although he expects a deal with India. MSCI's broadest index of Asia-Pacific shares outside Japan eased 0.23% in early trading, inching away from the November 2021 top it touched last week. Japan's Nikkei fell 0.78%, dragged by tech stocks. Tech-heavy Taiwan stocks and South Korea's Kospi Index also fell after US tech firms were hit hard following a strong rally in June. Yesterday's data showed the US labour market remained resilient with a rise in job openings for May, sharpening the focus on the payrolls report due tomorrow as investors try to gauge when the Federal Reserve is likely to cut rates next. Fed chair Jerome Powell, under fire from Trump to cut rates immediately, reiterated that the US central bank plans to 'wait and learn more' about the impact of tariffs on inflation before lowering interest rates. Traders are pricing in 64 basis points of cuts this year from the Fed with the odds of a move in July at 21%. That maintained a bearish bias on the dollar. The euro last bought US$1.1793, just below the three-and-half-year high it touched yesterday. The yen was steady at 143.52 per dollar. 'Any disappointing economic data can prompt further dovish repricing of FOMC rate cuts and another round of US dollar selling,' said Carol Kong, a currency strategist at Commonwealth Bank of Australia. 'The 'One Big Beautiful Bill' Act (OBBBA) and trade developments also have the potential to further weaken the US dollar if they undermine investor confidence about the U.S. economy,' Kong said. Trump's bill Investor focus over the last few days has pivoted to the progress of Trump's massive tax-and-spending bill, which is expected to add US$3.3 trillion to the national debt. The legislation heads to the House of Representatives for possible final approval after US Senate Republicans passed it by the narrowest of margins. The bill has stoked fiscal worries but the reaction was relatively muted after it passed the Senate. The benchmark US 10-year yields were steady at 4.245% having touched a two-month low in the previous session. Aninda Mitra, head of Asia macro strategy at BNY Investment Institute, said the legislation 'hard wires' a steady deterioration of the fiscal position and the debt trajectory of the US government. 'The near-term impact is mostly in the price, but the uncertainty factor could keep term premia elevated. 'We don't think long-term yields will fall back materially in the 6-12 month horizon,' Mitra said. The fiscal worries, trade uncertainties and the US rate path trajectory have all led investors to flee US assets and look for alternatives. Investors worry that Trump's chaotic trade policies could hit US economic growth. That has left the dollar unloved, with the greenback down over 10% for the year in its worst first half performance since the 1970s. The dollar index, which measures the US currency against six rivals, was at 96.649, near its lowest since March 2022. In commodities, spot gold eased to US$3,332.19 per ounce, after surging 1% in the previous session. The yellow metal is up 27% this year on safe-haven flows.
