SINGAPORE (June 12): Maybank Kim Eng Research is maintaining its “neutral” rating on the Singapore technology sector, amid risks that arise from escalating trade tensions between US and China. “The escalation of the US-China trade war has clouded the earnings outlook for the Singapore technol...

SINGAPORE (June 12): The ongoing US-China trade war has effected some of Singapore’s tech stocks. One of which is Hi-P International, according to Maybank Kim Eng. The research house has upgraded its recommendation on Hi-P to “hold” from “sell” previously with an unchanged target price of...

Submitted By:  Nathanielle Punay Case Study:  No These stocks include Venture Corporation, NetLink NBN Trust and Hi-P International. Singapore's key tech stocks...

SINGAPORE (May 6): Analysts seem to have a conflicting outlook on Hi-P International, following the group’s latest results announcement. The group on May 2 posted a 5.7% y-o-y increase in its 1Q19 earnings to $10.7 million, compared to $10.1 million in 1Q18, due to a 70% reduction in foreign exch...

THE following companies saw new developments that may affect trading of their shares on Friday:

ALTHOUGH the US-China trade war is still in action, mainboard-listed contract manufacturer Hi-P International plans "to turn such impact into opportunities", chief executive and chairman Yao Hsiao Tung has said.

MAINBOARD-LISTED contract manufacturer Hi-P International's gross profit took a hit from pricing pressures and product mix, according to first-quarter results released on Thursday.

SINGAPORE (May 2): Hi-P International announced 1Q19 earnings increased by 5.7% to $10.7 million, compared to $10.1 million in 1Q18. This came on the back of a 2% increase in revenue to $286.8 million from $281.1 million last year, while gross profit margin declined to 12.6% in 1Q19 from 13.4% in 1...

HI-P International slid amid heavy trading, following a downgrade of its stock to "sell" with a target price of S$1.22 by Maybank Kim Eng as the components manufacturer "appears overvalued compared to its global peers".

HI-P International shares have taken a hit in Tuesday's early session following Maybank Kim Eng's call to downgrade the contract manufacturer's stock to "sell" with a target price of S$1.22, as it appears overvalued compared to its global peers.