星展证券（中国）40%股权8.23亿元底价成交 星展集团CEO此前称有意接手 财联社11月25日电，上海 联合产权交易所最新信息显示，星展证券（中国）有限公司两笔股权转让项目已于11月21日成交，转让 比例合计为40%，交易价格即转让底价8.23亿元。 此前，在9月25日星展集团新闻发布会上，星展集团首席执行官高博德曾表示："我们有意将星展证券的 持股比例从51%提升至91%，这一步骤目前正等待相关监管部门的批准。 "（财联社记者 郭子硕） ...

Group 1 - Many foreign bank stocks did not experience the same positive reaction from last week's election as U.S. bank stocks did [1] - DBS Group Holdings Ltd from Singapore is noted as an exception to this trend, although the reasons are likely unrelated to the election [1] Group 2 - The investment approach favored is a long-term, buy-and-hold strategy, focusing on stocks that can sustainably generate high-quality earnings [1]

Financial Data and Key Metrics Changes - The company is planning to return an additional $3 billion to $5 billion in capital to shareholders, with a total buyback capacity of a couple of billion dollars before facing challenges from Temasek's shareholding [3][4][7] - The company reported a loan growth of approximately 2% for the year, with expectations to reach 3% to 5% next year, driven by a healthy pipeline across various sectors [17][18] Business Line Data and Key Metrics Changes - The company has seen a strong recovery in the wealth management segment, with investment assets under management (AUM) reaching a record 56%, indicating growth potential in this area [54][55] - The corporate banking segment has performed well, particularly in India, which has been identified as a strong growth market [44] Market Data and Key Metrics Changes - The company is experiencing increased demand in sectors such as renewables, infrastructure, and technology, with a notable return of leverage buyouts and organic growth in Asia [18][31] - The connectivity growth story is highlighted by a 30% increase in trade growth, particularly in the ASEAN region, driven by intra-regional trade [31][66] Company Strategy and Development Direction - The company aims to continue focusing on high-return businesses, including wealth management and FICC (fixed income, currencies, and commodities), while leveraging technology and digital transformation for productivity gains [32][30] - The management is open to exploring M&A opportunities in markets like Malaysia and Indonesia, contingent on favorable pricing and integration capabilities [33][60] Management's Comments on Operating Environment and Future Outlook - Management expressed a cautious but optimistic outlook, noting that while the current earnings capacity is elevated, future growth will depend on interest rate movements and economic conditions [10][12] - The company has conducted stress tests on various macroeconomic factors, including tariffs and oil prices, indicating preparedness for potential regulatory changes [68][69] Other Important Information - The company has maintained a general provision (GP) of $2.3 billion, with a focus on macroeconomic variables and downside scenarios influencing its assessment [48][50] - The tax rate in Singapore is expected to increase to a minimum of 15%, which will impact the company's tax expenses by approximately $400 million next year [21] Q&A Session Summary Question: On share buybacks and Temasek's shareholding - Management indicated that buybacks will be executed on weakness, with a focus on maintaining flexibility regarding Temasek's shareholding levels [3][7] Question: On asset-liability management (ALM) and loan growth - The company is managing its ALM effectively, with a focus on yield pickup and maintaining a healthy loan growth pipeline across various sectors [9][17] Question: On wealth management performance and investment ratios - The wealth management segment has seen significant growth, with a focus on increasing investment ratios and onboarding new clients [54][55] Question: On connectivity and stress testing for tariffs - Management has conducted stress tests on various macroeconomic factors and is well-positioned to assist clients in navigating regulatory changes [68][69]

Core Viewpoint - DBS Group Holdings Ltd has been upgraded to a Zacks Rank 1 (Strong Buy), indicating a positive outlook on its earnings estimates, which significantly influence stock prices [1][3]. Earnings Estimates and Stock Price Impact - The Zacks rating system is based on changes in earnings estimates, which are strongly correlated with near-term stock price movements [4][6]. - An increase in earnings estimates typically leads to higher fair value calculations by institutional investors, resulting in stock price movements [4]. Recent Performance and Projections - DBS Group is projected to earn $11.88 per share for the fiscal year ending December 2024, reflecting a year-over-year increase of 10.7% [8]. - Over the past three months, the Zacks Consensus Estimate for DBS Group has risen by 12.4%, indicating a positive trend in earnings expectations [8]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [7]. - The upgrade of DBS Group to Zacks Rank 1 places it in the top 5% of Zacks-covered stocks, suggesting potential for market-beating returns in the near term [10].

Group 1: Monroe Capital (MRCC) - Monroe Capital is a non-diversified closed-end investment management company focused on financing lower middle-market companies in the U.S. and Canada [1] - The Zacks Consensus Estimate for Monroe Capital's current year earnings has increased by 0.9% over the last 60 days [1] - The company has a dividend yield of 12.5%, significantly higher than the industry average of 2.9% [2] Group 2: DBS Group (DBSDY) - DBS Group is one of the largest companies by market capitalization listed on the Singapore Exchange [2] - The Zacks Consensus Estimate for DBS Group's current year earnings has increased by nearly 6.6% over the last 60 days [2] - The company has a dividend yield of 5.4%, compared to the industry average of 4.0% [2] Group 3: Manulife Financial Corp (MFC) - Manulife Financial is one of the three dominant life insurers in the Canadian market, with rapidly growing operations in the U.S. and several Asian countries [3] - The Zacks Consensus Estimate for Manulife Financial's current year earnings has increased by nearly 0.4% over the last 60 days [3] - The company has a dividend yield of 3.9%, which is higher than the industry average of 1.2% [3]

Core Viewpoint - DBS Group Holdings Ltd has been upgraded to a Zacks Rank 1 (Strong Buy), indicating a positive outlook on its earnings estimates, which is a significant factor influencing stock prices [1][4]. Earnings Estimates and Revisions - The Zacks Consensus Estimate for DBS Group for the fiscal year ending December 2024 is projected at $11.43 per share, reflecting a 6.5% increase from the previous year [9]. - Over the past three months, the Zacks Consensus Estimate for DBS Group has risen by 10.9%, indicating a trend of increasing earnings estimates [9]. Zacks Rating System - The Zacks rating system is based solely on a company's changing earnings picture, which is tracked through EPS estimates from sell-side analysts [2]. - The system classifies stocks into five groups, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [8]. - The upgrade of DBS Group to Zacks Rank 1 places it in the top 5% of Zacks-covered stocks, suggesting a strong potential for near-term price movement [11]. Impact of Institutional Investors - Changes in earnings estimates significantly influence institutional investors' valuation models, leading to buying or selling actions that affect stock prices [5]. - The correlation between earnings estimate revisions and near-term stock movements underscores the importance of tracking these revisions for investment decisions [7].

Here are two stocks with buy rank and strong momentum characteristics for investors to consider today, August 14th: Sylvamo Corporation (SLVM) : This manufacturer of uncoated freesheet for cutsize, offset paper, and pulp has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.6% over the last 60 days. Sylvamo's shares gained 7% over the last three months compared with the S&P 500's advance of 2.3%. The company possesses a Momentum Score of B. DBS Group Holdi ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Whi ...

Investors might want to bet on DBS Group Holdings Ltd (DBSDY) , as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change. Most Powerful Force Impacting Stock Prices Individual investors often find it hard to make decisions based on rating upgrades by Wall Street analysts, since these are mostly driven by subjective factors that are hard to see and measure in real time. ...

DBS Group Holdings Ltd is a member of our Finance group, which includes 854 different companies and currently sits at #12 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group. According to our latest data, DBSDY has moved about 13.9% on a year-to-date basis. Meanwhile, stocks in the Finance group have gained about 7.1% on average. As we can see, DBS Group Holdings Ltd is ...