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#TechincalPlayUSEquities UNITEDHEALTH GROUP INC (UNH) +12.3% upside based on Bloomberg consensus BUY rating. As at 9pm, Dow Jones Futures 40,649 (+0.33%). US markets is open from 9:30pm Malaysia time and you can place your orders anytime with real time feed at Rakuten Trade. Brokerage fee from USD1.88 to USD25.00* #TechincalPlayUSEquities 根据彭博的一致买入评级，联合健康集团 (UNITEDHEALTH GROUP INC, UNH)有 +12.3%的潜在上涨空间。 截至晚上 9 点，道琼斯期货 40,649 (+0.33%)。 美股从马来西亚时间晚上9点30分开始交易，您可以随时通过 Rakuten Trade 的实时数据馈送下美股的订单。 我们的佣金从1.88 美元至25.00美元之间*。

📊 HK market earnings results (16.7.24) 1️⃣ China Southern Airlines Co Ltd (1055-HK) Airlines 📈 Beat Q1 earnings estimate Last traded price – HKD2.93 Bloomberg consensus: Target price – HKD3.75 11 Buys and 6 Holds 2️⃣ Xinte Energy Co Ltd (1799-HK) Solar 📉 Missed Q1 earnings estimate Last traded price – HKD7.79 Bloomberg consensus: Target price – HKD11.72 9 Buys, 1 Hold and 2 Sells 3️⃣ China Construction Bank Corp (939-HK) Banks - Diversified 📉 Missed Q1 earnings estimate Last traded price – HKD5.67 Bloomberg consensus: Target price – HKD6.63 23 Buys 4️⃣ Man Wah Holdings Ltd (1999-HK) Furnishings, Fixtures & Appliances 📈 Beat Q4 earnings estimate Last traded price – HKD4.84 Bloomberg consensus: Target price – HKD8.31 17 Buys, 1 Hold and 1 Sell 5️⃣ SJM Holdings Ltd (880-HK) Resorts & Casinos 📉 Missed Q1 earnings estimate Last traded price – HKD2.53 Bloomberg consensus: Target price – HKD3.21 9 Buys, 6 Holds and 4 Sells 6️⃣ VTech Holdings Ltd (303-HK) Communication Equipment 📈 Beat Q4 earnings estimate Last traded price – HKD57.60 Bloomberg consensus: Target price – HKD65.00 1 Buy

#TechnicalPlayHKEquities ALIBABA GROUP HOLDING LTD (9988-HK) +34.5% upside based on Bloomberg consensus BUY rating. As at 9am, Hang Seng Index 18,015.94 (-1.52%). HK markets is open from 9.30am Malaysia time at Rakuten Trade. Brokerage fee from minimum HKD35* #TechnicalPlayHKEquities 根据彭博的一致买入评级，阿里巴巴集团控股有限公司 (ALIBABA GROUP HOLDING LTD, 9988-HK) 有+34.5%的潜在上涨空间。 截至早上 9 点，恒生指数18,015.94 (-1.52%)。 港股从马来西亚时间早上9点30分开始通过 Rakuten Trade交易。 我们的佣金最低35 港元* 起。

Kenanga Research has maintained Outperform call on DAYANG (5141) and upgraded the target price to RM3.31 Healthy orderbook of RM1.7 billiion in call-out contracts and bidding for umbrella contracts from Petronas and other oil majors. #TradingIdeas 肯纳格(Kenanga)研究部给予达扬企业(DAYANG, 5141) 维持增持评级，并将目标价上调至3.31令吉。 从国油勘探和其他石油巨头的框架订单合同和总括合同投标中获得了17亿令吉的订单。 #TradingIdeas

谷歌的重大收购正在酝酿中 谷歌母公司Alphabet (GOOGL/ A) 正就与网络安全初创企业Wiz的收购进行深入谈判，交易金额可能高达230亿美元。这一交易若达成，将成为Alphabet公司有史以来最大的一笔收购。大部分付款将以现金支付，交易可能很快就会敲定。 Wiz公司是全球增长最快的软件初创公司之一，提供基于云的网络安全解决方案，并提供由人工智能(AI)驱动的实时威胁检测和响应。2023年，Wiz创造了约3,000万美元的收入，并与40%的财富100强公司合作。该公司最近在一轮估值120亿美元的私人融资中筹集了10亿美元。Wiz还与微软(Microsoft, MSFT)和亚马逊(Amazon, AMZN)等主要云提供商合作，其客户包括摩根士丹利(Morgan Stanley, MS)和DocuSign (DOCU)等公司。 如果Alphabet继续进行收购，这将是一家大型科技公司在监管机构加强对该行业的审查之际寻求大宗交易的罕见例子。近年来，美国监管机构日益抵制大型科技公司通过收购进行扩张。 Alphabet和Wiz没有立即回应置评请求。 分析师预计，收购Wiz可能有助于推动Alphabet在云计算领域的努力，在该领域Alphabet落后于竞争对手。通过整合Wiz的技术和资源，谷歌有望进一步提升其云计算服务的安全性和可靠性，从而吸引更多企业和机构用户。 此外，Wiz的加入也将为谷歌带来丰富的技术积累和人才资源。作为一家初创企业，Wiz在网络安全领域拥有多项创新技术和专利，这些都将为谷歌的未来发展提供有力支持，并在网络安全领域树立新的标杆。 Alphabet 计划于7月23日发布其收益报告。 我们Rakuten Trade Ideas 🎯 在此期间也推荐Alphabet。最近一次推荐的当天收盘价为171.95美元 (当前股价为185.10美元，这意味着，跟随我们的Calls，您可能已在10周之内获得+7.65%的收益！)。 Alphabet的股价今年迄今已上涨了32.49% ，该公司的收盘价为185.10美元。彭博的一致评级为54次买入和12次持有，以及认为该公司的12个月目标价为198.90美元。 资料来源：路透社，消费者新闻与商业频道 截至晚上 9 点，道琼斯期货 40,522 (+0.55%)。 美股从马来西亚时间晚上9点30分开始交易，您可以随时通过 Rakuten Trade 的实时数据馈送下美股的订单。 我们的佣金从1.88 美元至25.00美元之间*。

Google's major acquisition in the works Google parent Alphabet (GOOGL/ A) is in advanced talks to acquire cybersecurity startup Wiz for approximately US$23 billion. If successful, this would mark Alphabet's largest acquisition to date. Most payments will be in cash, and the deal could be finalized soon. Wiz is one of the fastest-growing software startups globally, providing cloud-based cybersecurity solutions with real-time threat detection and response powered by artificial intelligence (AI). In 2023, Wiz generated about $30 million in revenue and works with 40% of Fortune 100 companies. The company recently raised $1 billion in a private funding round valued at $12 billion. Wiz also collaborates with major cloud providers such as Microsoft (MSFT) and Amazon (AMZN) and counts companies from Morgan Stanley (MS) to DocuSign (DOCU) among its customers. If Alphabet proceeds with the acquisition, it would be a rare example of a major technology company pursuing a mega-deal amid heightened regulatory scrutiny of the sector. In recent years, US regulators have increasingly resisted large technology companies expanding through acquisitions. Alphabet and Wiz did not immediately respond to requests for comment. Analysts anticipated that acquiring Wiz would strengthen Alphabet's position in the cloud computing sector, where it currently trails behind competitors. By integrating Wiz's technology and resources, Google is expected to enhance the security and reliability of its cloud computing services, thereby attracting more corporate and institutional users. Moreover, Wiz will bring Google a wealth of technical expertise and talent. As a startup, Wiz has developed numerous innovative technologies and holds patents in cloud computing and network security. This acquisition will support Google's future development and set a new benchmark in network security. Alphabet is scheduled to release its earnings report on July 23. Our Rakuten Trade Ideas 🎯 also recommend the Alphabet a few times within this period. The latest recommendation share price that day was US$171.95 (current price US$185.10 +7.65% gains in 10 weeks! By following our calls). Alphabet’s share price increased by +32.49% year-to-date, and the last traded price was US$185.10 Bloomberg consensus rating has 54 Buys and 12 Holds, with a 12-month target price of US$198.90 Sources: Reuters, CNBC As at 9pm, Dow Jones Futures 40,522 (+0.55%). US markets is open from 9:30pm Malaysia time and you can place your orders anytime with real time feed at Rakuten Trade. Brokerage fee from USD1.88 to USD25.00*

⏰ Just a gentle reminder! Don’t forget to join us tonight! [Webinar] (MY) Is Market Liquidity Building Up? Tune in LIVE on: 👉 Facebook 👉 YouTube Date: 15 July 2024, Monday Time: 8:00 PM Stay Tuned Stay Safe.

Kenanga Research has upgraded BURSA(1818) to an Outperform call with target price of RM9.90 Higher average daily value (ADV) and raising outlook of RM3.5bn - RM3.6 bn with improving sentiment on bullish 2H. #BursaBullMarket 肯纳格(Kenanga)研究部给予大马交易所(BURSA, 1818) 的评级上调至“优于大盘”，目标价为 9.90 令吉。 其日均价值 (ADV) 更高，预期市值上调至 35 亿至 36 亿令吉，下半年看涨情绪有所改善。 #BursaBullMarket

🇲🇾 Our local market last week saw JP Morgan (JPM) upgrade our equities market after almost six years of underweight rating, citing policy reforms, data centre investments, infrastructure build-up, and strong earnings growth. The net foreign inflow of RM478 million for July 8-12 weeks reflects improving market sentiment. Bursa Malaysia is anticipated to trade higher this week on the continued optimism for the local bourse, with expectations that this positive market trend will continue into the second half of 2024. Additionally, Prime Minister Datuk Seri Anwar's recent visit abroad has generated potential investments amounting to RM431.18 billion from 2023 until May this year, positioning Malaysia as an attractive investment destination.   We remain bullish on the IPO market and expect to see continued interest in the recently listed IPOs such as UUE Holdings (0310), Go Hub Capital (0311) and Johor Plantations (5323). This Friday will see another IPO prospectus launch by Sik Cheong Bhd (ACE Market). There will be another 3 IPO listings next week, 22 July – 26 July: BWYS Group Bhd, Well Chip Group Bhd and Kucingko Bhd.     🇺🇸 In the US market, stocks rallied broadly on Friday, with most Dow, S&P, and Nasdaq stocks closing higher. The Dow finished above 40,000 points but fell short of setting a new record close. It was a big day for some of the largest US banks; JPMorgan Chase (JPM), Wells Fargo (WFC), and Citigroup (C) all declined despite reporting solid quarterly results. Friday's session marked a sharp turnaround from the previous day. While the Dow finished higher on Thursday, the S&P and Nasdaq were lower following the release of a cooler-than-expected June CPI report. At the same time, the Magnificent Seven (Mag 7) fell, including a more than 5% decline for Nvidia (NVDA), and 2.3% drop for Apple Inc (AAPL), rebounds. The rotation of funds from Mag 7 to the Russel 2000 Index small cap bodes well, as the bullish market becomes more broad-based.   🇭🇰 In the Hong Kong market, stocks rose on Friday, and the benchmark capped a second week of gains, as cooling US inflation bolstered expectations that the Federal Reserve will make an interest-rate cut at its September meeting, adding to the lure of non-US dollar-denominated assets. The Hang Seng Index (HSI) surged 2.6% to 18,293.38 at the close. However, the Shanghai Composite Index remained flat as the impact of regulatory curbs on short selling faded, and investors tempered their expectations ahead of the 3rd Plenum, set to begin on Monday. Additionally, China’s exports grew faster in fifteen months in June, while imports unexpectedly shrank amid weaker domestic demand. Investors will continue to focus on the upcoming China GDP and Industrial Production data scheduled for this week. 🇲🇾 上周，在我们的本地市场，由于政策改革、数据中心投资、基础设施建设和强劲的盈利增长，摩根大通 (JP Morgan, JPM)时隔近6年宣布上调大马的评级，从“减持”升级至“中和”。在7月8日至12日的外国净流入为4.78亿令吉，反映了市场情绪的改善。接着，由于对当地交易所的持续乐观情绪，预计马来西亚交易所本周将走高。同时，分析师也预计这种积极的市场趋势将持续到 2024 年下半年。此外，首相拿督斯里安华对多个国家的官式访问，在2023年创造了431.8亿令吉的潜在投资价值，将马来西亚定位为一个有吸引力的投资目的地。 我们仍然看好首次公开募股 (IPO)市场，并预期投资者对最近上市的IPO的公司将继续受到关注，如优立控股 (UUE Holdings Bhd, 0310)、Go Hub资本有限公司 (Go Hub Capital Bhd, 0311)和柔佛种植集团(Johor Plantations, 5323)。本周五，炽昌公司 (Sik Cheong Bhd) (大马交易所创业板(ACE)市场)计划发布其IPO 招股说明书。下周(7月22日至26日)将有另外3家公司上市：有BWYS集团 (BWYS Group Bhd)、大元集团 (Well Chip Group Bhd) 和Kucingko公司。 🇺🇸 在美国市场，股市周五普遍上涨，道琼斯指数、标准普尔指数和纳斯达克指数的大多数股票收盘走高。道琼斯工业平均指数收于40,000点以上，但未创下收盘新高。对美国一些最大的银行来说，这是重要的一天；摩根大通(JPMorgan Chase, JPM)、富国银行(Wells Fargo, WFC)和花旗集团(Citigroup, C)尽管公布了强劲的季度业绩，但股价均出现下跌。上周五的交易行情与前一天相比出现了大幅逆转。尽管道琼斯指数周四收高，但在6月消费者价格指数 (CPI)报告低于预期后，标准普尔指数和纳斯达克指数走低。与此同时，七大科技股 (Mag 7) 下跌，其中英伟达(Nvidia, NVDA)下跌超过5%，苹果公司(Apple Inc, AAPL)下跌2.3% ，但随后有所反弹。资金从Mag 7转向罗素2000指数小盘股是一个好兆头，因为牛市的基础更加广泛。 🇭🇰 在香港市场，股市上周五上涨，恒生指数 (HSI) 连续第二周上涨，因为美国通胀降温，增强了人们对美联储将在9月会议上降息的预期，也增加了对非美元计价资产的吸引力。恒生指数收盘时上涨2.6%，至18,293.38点。然而，上证综合指数保持平稳，因为监管限制卖空的影响正在消退，投资者在定于周一开始的三中全会前降低了预期。此外，6月份中国出口增速超过15个月，而由于国内需求疲软，进口意外萎缩。投资者将继续关注定于本周公布的中国国内生产总值(GDP)和工业生产数据。

西方石油公司的碳排放协议解决方案 西方石油公司(Occidental Petroleum Corp, OXY) 旗下专注于直接空气碳捕集 (DAC) 的子公司 1PointFive 宣布，该公司已与微软 (Microsoft, MSFT) 合作，在六年内提供50万吨二氧化碳清除量，这是有史以来最大的基于 DAC 的二氧化碳清除量 (CDR) 信用额度购买。 DAC技术是国际能源署(IEA) 认定为实现净零能耗系统的关键碳去除解决方案，它直接从大气中提取二氧化碳作为原材料使用，或者与储存结合使用后永久去除。碳信用是一种可交易的许可，允许排放1公吨二氧化碳或其当量的其他温室气体，为这一进程提供了便利。 由于人工智能的扩张，微软需要降低其碳足迹，这已将排放量推高至创纪录水平，据报道自 2020 年以来增长了 30%。与 1PointFive 的协议解决了人工智能数据中心近期清洁能源短缺的问题，并支持微软到 2030 年实现碳负排放的目标。 今年早些时候，美国电话电报公司 (AT&T, T) 从1PointFive购买CDR信用额度，以减少排放，并在2035年前实现其全球业务的碳中和。 在人工智能蓬勃发展下，西方石油进入了人工智能领域，与微软和美国电话电报公司合作，以降低其碳足迹并提高其环境、社会和治理 (ESG) 绩效。 此前，沃伦·巴菲特 (Warren Buffett) 的伯克希尔·哈撒韦公司 (Berkshire Hathaway, BRK/B)从6月5日到6月17日的连续九个交易日里，每天都在买入西方石油的股票，总计增持了730万股，购买价格在每股60美元。 伯克希尔的西方石油持股总数达到超过2.55亿股，占28.8%的股份。西方石油是伯克希尔的第六大股票持仓，而伯克希尔已经成为西方石油的最大机构投资者。 西方石油计划于8月8日发布其收益报告。 西方石油的股价今年迄今已上涨了2.96% ，该公司的收盘价为61.47美元。 彭博的一致评级为8次买入、17次持有和1次卖出，以及认为该公司的12个月目标价为71.91美元。 资料来源：路透社、ESG Today，消费者新闻与商业频道 截至晚上 9 点，道琼斯期货 40,150 (+0.15%). 美股从马来西亚时间晚上9点30分开始交易，您可以随时通过 Rakuten Trade 的实时数据馈送下美股的订单。 我们的佣金从1.88 美元至25.00美元之间*。