Your Way Home with Hongbin JeongYour Way Home with Hongbin Jeong

Market View: Keppel DC Reit’s DPU for FY1H2023 up 0.04%; Chinese top leaders vow more support for economy; HKEX on charm offensive to attract companies, investments; Europe’s economic outlook; Shein sued by H&M for copyright infringement in Hong Kong; Twitter to change logo, competition from TikTok

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Singapore shares opened muted today after stock markets in the United States and Europe closed mostly higher with the earnings season now in full swing. 

In early trade, the Straits Times Index edged up 0.07 point to 3,265.21 points after 81.3 million securities changed hands in the broader market. 

In terms of companies to watch for today, we have Keppel DC Reit. Its distribution per unit for the first half of the financial year ended Jun 30 inched up 0.04 per cent from the same period a year ago.

Elsewhere from China’s top leaders vowing more support for the struggling economy to Hong Kong’s Exchanges and Clearing being on the charm offensive to attract companies to list in the city, and to Europe’s economic outlook, more international headlines are in focus. 

On Market View, the Drive Time team dived into the details with David Poh, Head of Investment and ESG Strategies, South Asia, Amundi.

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Your Way Home with Hongbin Jeong

Your Way Home with Hongbin Jeong is your 4–8pm drive companion, guiding you through the day’s bigges 
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