News About HLIB

Political uncertainty and funding constraint remain key hurdles for MRT 3, say analysts

Apr 05

KUALA LUMPUR (April 5): While the roll-out of the Mass Rapid Transit Line 3 (MRT 3) augurs well for the construction sector, some analysts remain sceptical about the project due to political uncertainty and government funding constraint.

HLIB Research starts coverage of GDB, with target price at RM1.37

Jan 18

KUALA LUMPUR (Jan 18): Hong Leong Investment Bank (HLIB) Research has initiated coverage of GDB Holdings Bhd at 98.

IOI Properties jumps 10.69% to one-year high

Dec 10

KUALA LUMPUR (Dec 10): Shares of IOI Properties Group Bhd rose as much as 10.

Pavilion REIT’s outlook seen challenging due to spike in new Covid-19 cases

Oct 23

KUALA LUMPUR (Oct 23): The outlook for Pavilion Real Estate Investment Trust (REIT) has been seen as challenging due to the recent spike in new Covid-19 cases.

Most property developers flag possible sales target revision — HLIB

Jul 13

KUALA LUMPUR (July 13): Hong Leong Investment Bank Bhd (HLIB) said today most real estate developers under its coverage had notified the research firm of the likelihood of a property sales target revision in the near term as they contend with the impact of the Covid-19 pandemic-driven movement control order (MCO) in Malaysia.

BNM may cut OPR by another 25bps to 1.50% as early as September — HLIB

Jul 08

KUALA LUMPUR (July 8): Hong Leong Investment Bank Research (HLIB) is not discounting the possibility that Bank Negara Malaysia (BNM) will cut the overnight policy rate (OPR) by another 25 basis points (bps) to 1.

HLIB ups MRCB-Quill REIT target price as 1Q profit beats forecast

Jun 18

KUALA LUMPUR (June 18): Hong Leong Investment Bank Bhd (HLIB) raised its target price (TP) for MRCB-Quill REIT (MQREIT) units to 79 sen from 71 sen and increased its earnings forecast for the group after the REIT reported first quarter core net profit, which was above estimates.

Banking system well-positioned to absorb Covid-19’s potential damage — HLIB Research

Apr 06

KUALA LUMPUR (April 6): Although the impact of Covid-19 on the economy is significant, banks are entering this laborious period from a position of strength, with more than ample capital and liquidity buffers, according to Hong Leong Investment Bank Bhd Research (HLIB Research).

HLIB keeps ‘overweight’ on REITs, top picks Axis REIT and KLCCSS

Mar 19

KUALA LUMPUR (March 19): Hong Leong IB Research (HLIB) has maintained its “overweight” rating on the Malaysian real estate investment trust (REIT) sector and said it was revising its earnings forecasts for the sector with cuts ranging from -8.