HLIB maintains ‘neutral’ stance on plantation sector
KUALA LUMPUR: Hong Leong Investment Bank Bhd (HLIB) has maintained its ‘neutral’ stance on the plantation sector as planters are expected to report a mixed set of performance for the second quarter of 2023 (2Q 2023). The research house said the expectation was premised on mixed fresh fruit bunches (FFB) output growth and slightly lower […]
ESG investments expected to regain focus in 2H 2023
KUALA LUMPUR: Amid the ease of some global headwinds, the environmental, social, and corporate governance (ESG) space could regain focus as investment managers place more emphasis on long-term ESG investing in the second half of 2023 (2H 2023). Hong Leong Investment Bank (HLIB) Research said, during the past year, red-hot inflation, sizeable interest rate hikes, […]
Digital banks to thrive alongside traditional banks: HLIB
KUALA LUMPUR: Hong Leong Investment Bank Bhd (HLIB) maintained an ‘overweight’ call on the banking sector as it expects digital banks to thrive peacefully with their traditional counterparts and not become major threats in the near future. In its research note today, HLIB said classical banks were also not taking digital banks lightly and had […]
