Your Way Home with Hongbin JeongYour Way Home with Hongbin Jeong

Market View: South Korea suspends new downloads of DeepSeek; Tencent shares surge on Weixin beta testing launch; Chinese President Xi meets Alibaba’s Jack Ma and others; Singapore’s January NODX charts surprise 2.1% yoy decline; ComfortDelGro on scam allegations surrounding subsidiaries; SIA Engineering’s Q3 net profit up 42% yoy and more

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Singapore equities began the day in the positive territory, following mixed performance in the US and Europe on Friday.

In early trade, the Straits Times Index (STI) rose 0.3 per cent to 3,889.66 points after 35.6 million securities changed hands in the broader market.

In terms of companies to watch, we have ComfortDelGro. The land transport operator had said today that it has a “zero-tolerance policy towards any kind of fraud and wrongdoing”. 

That’s in response to media publications alleging its indirect, wholly owned subsidiaries of scams and fraudulent taxi transactions. 

Elsewhere, from Singapore’s non-oil domestic exports charting a surprise decline in January, to how new downloads of DeepSeek were suspended in South Korea – more local and corporate headlines remain in focus. 

On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with David Kuo, Co-founder, The Smart Investor.

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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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