Global Investments by PhillipCapital

The Mega-IPO Era Is Here SpaceX. OpenAI. Anthropic. What's next for the IPO market? Explore opportunities beyond stock-picking at our live webinar on 9 Sep (Wed), 8:15PM. Limited slots available. REGISTER NOW: https://tinyurl.com/yr8n6abd

Why Are Markets Rising Despite The Chaos?   Despite wars, energy shocks and inflation, markets keep rising.   Join Nasdaq Chief Economist Phil Mackintosh for a live webinar on 28 Aug, Fri at 12:30pm, to learn what's driving the rally and what investors should watch next. Limited slots available.   REGISTER NOW: https://tinyurl.com/2shcthx8

What Just Shook Global Markets? From tariff tensions to Middle East conflict and ceasefire rallies, explore the key events that shaped global markets from January to May 2026. Read the full recap now at https://tinyurl.com/y9zv9mss

AI热潮过后，市场迷雾未散。🌫️   真正的机会，往往不在风口上， 而藏于烟雾散去之前。   美股下一阶段上涨，将由什么驱动？ 新加坡中小型股，又存在哪些潜在机遇？🔍   两位分析师，聚焦两大市场，一次为你讲清关键逻辑。🎯   🗓️ 6月11日（星期四）12PM 💻 线上直播（Zoom） 🔗 立即报名: https://tinyurl.com/drzx6n9k   AI Hype Is Fading. Where Are the Real Opportunities Now?   Join us in this webinar on 11 Jun, Thu at 12pm (GMT+8) where our analysts break down US equities after the AI reset and uncover opportunities in Singapore's small and mid-cap space. Limited seats, sign up now! https://tinyurl.com/drzx6n9k

Missed our recent BlackRock webinar on why Europe could be your next big investment opportunity? Catch the full recording now and discover the insights you can't afford to miss! https://www.youtube.com/watch?v=eT8VIXworWI

HAPPENING TONIGHT Europe's Resilience: Uncovering Investment Opportunities in a Dynamic Macro Environment In a world of shifting macro dynamics, Europe stands out as a region of resilience and reinvention. Join us as we explore why BlackRock sees compelling opportunities within European equities, driven by structural tailwinds in defence, financials, and industrial modernization. JOIN US HERE

Good morning all, we always send these super short summaries in the morning, if you ever want the summarised article, or full article, do comment and we'll send it to you 😊

*Phillip Global Markets Daily Notes: Hong Kong, China & Malaysia (7 August 2025)* 🌎 *Global News Flow* 🔘 Donald Trump said chips will face a tariff of about 100% unless they’re made in the US. 🔘 Trump orders extra 25% tariff on Indian goods, straining trade ties further 🔘 US Stocks fall as markets monitor trade talks 🇨🇳🇭🇰 *China/HK News Flow* 🔘 MEITU Major Shareholder Cai Wensheng Sells 3M Shrs Last Fri, Cashing Out $36.32M 🔘 MEITUAN-W Offers Subsidies to Small- and Medium-sized Merchants, Each May Claim RMB50K Max. 🔘 SenseTime, Xiaomi Aim to Explore Advancements in Product Intelligence Through Co-op on AI Glasses 🇲🇾 *Malaysia News Flow* 🔘 Miti projects approved investments of RM104 bil for manufacturing and services in 2025 🔘 Putin says Russia–Malaysia political dialogue is well established Sources: Bloomberg, Yahoo Finance, WSJ, Reuters, CAN, AA stocks, The Edge, SCMP

*Phillip Global Markets Daily Notes: Hong Kong, China & Malaysia (6 August 2025)* 🌎 *Global News Flow* 🔘 Super Micro sank after quarterly sales fell short, suggesting the company continues to face uneven uptake of servers amid a shift to products based on new Nvidia chips. 🔘 The Kremlin is weighing options for a concession to Trump that may include an air truce with Kyiv 🔘 Trump’s India tariff shock is complicating the RBI’s rate decision Wednesday, with some economists bringing forward expectations for easing. 🇨🇳🇭🇰 *China/HK News Flow* 🔘 MTR CORPORATION: Train Services To Be Adjusted Slightly as Needed During Evening Rush Hour 🔘 Guizhou Mkt Regulator Holds Talks with 5 Travel Platform Companies Incl. TRIP.COM-S & MEITUAN-W to Address Price Irregularities 🔘 Hon Hai's Jul Sales Growth Slows to 7.3% Due to Tariff Hit on Electronics Demand 🇲🇾 *Malaysia News Flow* 🔘 Malaysia, Philippines to strengthen strategic cooperation for Asean's future — Anwar 🔘 1,533 furniture projects worth RM11.62 bil approved as of March — Liew Sources: Bloomberg, Yahoo Finance, WSJ, Reuters, CAN, AA stocks, The Edge, SCMP

*Phillip Global Markets Daily Notes: Hong Kong, China & Malaysia (5 August 2025)* 🌎 *Global News Flow* 🔘 The tariff on Indian exports to the US will be “substantially” raised 🔘 Wall Street strategists are warning investors to prepare for a stock market pullback of up to 15% in the near term. 🔘 US dollar gains in consolidation move after Fed turmoil, Trump's shake-up 🇨🇳🇭🇰 *China/HK News Flow* 🔘 5 PV Leaders in CN Slash Workforce by One-Third Last Yr; LONGI GREEN ENERGY Nearly Halves Staff 🔘 China Mobile Hong Kong to Acquire ~14.44% Stake in HKBN from Twin Holding for $1.08B+ 🔘 MEITUAN-W Reportedly Preparing New Instant Retail Project for University Campuses, 'Campus Mini Warehouse' 🇲🇾 *Malaysia News Flow* 🔘 Miti leads discussion on PEDs, AEC Blueprint at Asean meet 🔘 Over 90% of MHIT policies face modest adjustments Sources: Bloomberg, Yahoo Finance, WSJ, Reuters, CAN, AA stocks, The Edge, SCMP

*Phillip Global Markets Daily Notes: Hong Kong, China & Malaysia (4 August 2025)* 🌎 *Global News Flow* 🔘 US trade adviser says Trump tariff rates unlikely to change 🔘 Berkshire Hathaway operating earnings dip 4% as conglomerate braces for tariff impact 🔘 Stock futures were little changed amid uncertainty over economy and tariffs 🇨🇳🇭🇰 *China/HK News Flow* 🔘 GEELY AUTO's Total Auto Sales Surge ~58% YoY in Jul 🔘 INNOSCIENCE Clinches Co-op with NVIDIA on 800 VDC Power Architecture 🔘 BYD Ocean Network Jul Car Sales Reach 179,500 Units 🇲🇾 *Malaysia News Flow* 🔘 Malaysia’s DXN could just be the next Nvidia of global nutraceutical wellness 🔘 Govt mulls nuclear energy for Peninsular Malaysia, Sabah Sources: Bloomberg, Yahoo Finance, WSJ, Reuters, CAN, AA stocks, The Edge, SCMP

What kind of trader are you! ✨️

Welcome to the Thursday fun fact! Did you know that Bollinger Bands were born on a spreadsheet when John Bollinger wrapped a 20-day moving average in two "bands" set exactly 2 standard deviations above and below the mean. The logic is that 2 SDs will capture roughly 95% of all observations in a normal distribution, statistically speaking, prices should be in this range 19 days out of 20. That tiny 5% that occurs outside the bands is what traders look for! Volatility expansions or "squeeze breakouts; something unusual is happening!

*Phillip Global Markets Daily Notes: Hong Kong, China & Malaysia (31 July 2025)* 🌎 *Global News Flow* 🔘 Trump reached a deal with South Korea on a 15% tariff rate and $350 billion in US investments. 🔘 Yen option traders brace for more weakness ahead of BOJ decision 🔘 Oil shipments from Brazil to US to resume after tariff exemption, says lobby group 🇨🇳🇭🇰 *China/HK News Flow* 🔘 HSI Opens 194 Ps Lower; MEITUAN-W, WUXI APPTEC Slip 🔘 Xi Jinping: CN Shall Put in Effort on 2H25 Econ Work, Boosting Consumption/ Breaking Down 'Involution' 🔘 HSBC HOLDINGS Closes Down 4.5% in London, Slightly Below HK Stock Closing Price 🇲🇾 *Malaysia News Flow* 🔘 Malaysia-Vietnam ready to enhance bilateral ties, strategic cooperation — Anwar 🔘 Malaysia to boost development spending under 13MP to shore up domestic economy, say economists Sources: Bloomberg, Yahoo Finance, WSJ, Reuters, CAN, AA stocks, The Edge, SCMP

The ROIC is the rate of return a company earns on every dollar of capital. Think of it as an orchard's yield per acre rather than the total produce; what matters is how efficient each plot produces. It is a quality litmus test as well. A business that compounds at 15 to 20% can turn small pennies into dollars, even if their top-line growth is modest. Sustained high ROIC tells you the company should reinvest aggressively, whereas a low ROIC suggests cash may be better paid out or used to settle debts.

Welcome to the Tuesday quiz! Today's quiz: What is ROIC?

*Phillip Global Markets Daily Notes: Hong Kong, China & Malaysia (29 July 2025)* 🌎 *Global News Flow* 🔘 Even with high tariffs, Trump’s trade war suddenly is starting to look not so scary on Wall Street 🔘 Trump’s tariff deal offers scant relief for Japan automakers as bigger threat looms 🔘 Chinese rivals of Nvidia take the limelight at major AI event in Shanghai 🇨🇳🇭🇰 *China/HK News Flow* 🔘 HSBC Research: HK Property Sector's Worst Cycle Over; Home Prices Expected to Hike 2%/ 3% in 2025/ 2026 🔘 US Commerce Sec. Expects Possible 90-Day Extension of US-CN Trade Truce Agreement 🔘 CCB, ICBC Integrate BABA-W AI 🇲🇾 *Malaysia News Flow* 🔘 Miti, Mida to step up policy reforms to boost investor confidence 🔘 Cambodia, Thailand appreciate Anwar and Malaysia’s role in immediate ceasefire Sources: Bloomberg, Yahoo Finance, WSJ, Reuters, CAN, AA stocks, The Edge, SCMP

What region are you focused on this week?

Welcome to the Monday watch! I'm sure everyone is aware of the ongoing tariff negotiations between US and several countries; the EU also reached an agreement with the US of a 15% tariff, with other countries including China lined up to discuss. Several high-profile US earnings this week too, including META, MSFT, AAPL and AMZN.

*Phillip Global Markets Daily Notes: Hong Kong, China & Malaysia (28 July 2025)* 🌎 *Global News Flow* 🔘 The US and EU reached a trade agreement that set a lower-than-threatened 15% tariff on most goods, including cars and pharmaceuticals. 🔘 Samsung Electronics signs $16.5 billion chip-supply contract; shares rise 🔘 U.S. and China to resume tariff talks on Monday in effort to extend truce 🇨🇳🇭🇰 *China/HK News Flow* 🔘 Exclusive Negotiation Period for Hutchison Ports Group Deal Expires, w/ Plan to Invite Major CN Strategic Investors to Join as Key Members of Consortium 🔘 China Life, Ping An Life Plan to Adjust Max. Preset Interest Rates for New Filed Insurance Products 🔘 JD-SW Launches 'RMB10B New Growth Plan for 1K Brands' to Introduce 1K New Overseas Brands within 3 Yrs 🇲🇾 *Malaysia News Flow* 🔘 Driving Asia’s energy transition through sustainable supply chain innovation 🔘 Anwar to undertake two-day working visit to Indonesia for 13th annual consultation Sources: Bloomberg, Yahoo Finance, WSJ, Reuters, CAN, AA stocks, The Edge, SCMP