Singapore stocks slipped into the negative territory this morning, after China deepened its stimulus drive in a bid to brace itself for trade tensions with the United States.

In early trade, the Straits Times Index (STI) fell 0.2 per cent to 3,803.55 points after 21.4 million securities changed hands in the broader market.

In terms of counters to watch, we have Keppel DC Real Estate Investment Trust, after its manager announced yesterday that the Reit’s non-renounceable preferential offering was about 159.9 per cent subscribed. 

Elsewhere, from a quick look at developments out of China’s annual Central Economic Work Conference, to how Chip supplier Broadcom posted better-than-expected profit in the fourth quarter on the back of growing AI computing demand, more corporate and international headlines remain in focus. 

Also on deck – what to watch in the US after the country’s wholesale inflation unexpectedly accelerated in November. 

Plus – volatilities in South Korea as investors’ focus there turns to a second impeachment vote of President Yoon Suk Yeol planned for tomorrow.

On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with Too Jun Cheong, Assistant Dealing Manager from Moomoo Singapore.