PRE-MARKET TAIWANESE AND SINGAPOREAN STOCK NEWS
Compal Electronics is setting ambitious revenue targets driven by their AI server segment, which may signal strong growth potential in tech-focused equities.
Russian envoy Dmitriev calls the meeting between President Putin and US envoys important
TikTok says it establishes US JV and names its directors, Bloomberg reports
PRE-MARKET TAIWANESE AND SINGAPOREAN STOCK NEWS
Japanese S&P Global Manufacturing PMI Flash (Jan) 51.5 (Prev. 50.0)
Japanese S&P Global Composite PMI Flash (Jan) 52.8 (Prev. 51.1)
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Taiwan
Compal Electronics (2324 TT) – Chairman Ray Chen said the Co. is targeting revenue of TWD 1tln in 2026, backed by growth in its AI server business. (Taipei Times)
Lite-On Technology (2301 TT) / U-Media Communications (6821 TT) – The Co. has announced an offer to buy 20-100% of U-Media Communications. (Taipei Times)
Singapore
Suntec (T82U SP) – FY25 (SGD): Net property income 316.8mln (prev. 310.8mln Y/Y); revenue 471.6mln (prev. 463.6mln Y/Y).
Other News
- Singapore has started handing out part of the SGD 5bln cash that it plans to invest to boost local stocks. (Bloomberg)
Meanwhile, Lite-On's bid for U-Media could indicate ongoing consolidation in the tech space, influencing investor sentiment. Additionally, Singapore's cash initiative aims to energize local stocks, which might bolster market performance ahead of the trading session.
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