STI ETF

Bank of China and Singapore Exchange Sign MOU to Deepen Financial Cooperation

Hong Kong Land Raises 2026 Profit Outlook, Q1 Underlying Profit Up 5% and Capital Recycling at 90%

Mahindra & Mahindra partners with DBS Bank India to launch ESG-linked dealer financing plan

City Developments Limited Secures S$300M Sustainability-Linked Loan from DBS

ST Engineering Q1 FY2026 Revenue Up 11%, Secures S$4.8B in New Contracts

IMDA Halts Review, Jeopardizing Keppel's Sale of M1 to Simba Deal

Keppel launches 90-day efficiency plan for M1, targets S$2-3 billion asset divestment by 2026

MoneyMax Treasure Prices $30M 5-Year Notes, DBS as Lead Underwriter

OCBC Plans to Add 30-50 Staff in Hong Kong by 2026 to Expand Wealth Management Team

OCBC Hong Kong Branch Attracts New Customers with Lifestyle Strategy, Account Growth Surges 125%

UOL Acquires UOB's Remaining Stake in Orchard Road Faber House for $68.5M

Keppel Enterprise and Telstra International Sign 25-Year Usage Rights Agreement for Bifrost Subsea Cable

OCBC Bank 2026 H1 Revenue Surges 18%, Targets Top 10 Hong Kong Rank by 2030

CDL Secures SGD 300 Million Sustainability-Linked Loan from DBS

DBS Taiwan Launches DBS Spark Banking for Emerging Affluent Clients

AirTrunk Seeks $2.3B Loan for Data Center Project

SingTel 10 to Release FY2026 Earnings on May 21 Pre-Market SGT, Forecast Revenue SGD 14.46 B

Singapore Exchange Reports 6% YOY Increase in Securities Market Turnover in April

OCBC signs agreement with Australia to boost trade and investment cooperation between ASEAN and Australia

Singapore Introduces Economic Strategy Review to Tackle AI Impact

CityDev MBeCW260930

SingtelMBeCW261030

Teho

Meta Health

DBS MB eCW260730

OCBC Bk MB eCW260930

TencentMBeCW261005

DBS MB eCW260929

DBSDY

Singapore's first national adaptation plan aims to assess current climate measures and identify risks rather than propose new solutions. Minister Grace Fu emphasized the importance of this foundational framework, set for UN submission in 2027, during a recent event. The plan will facilitate discussions with businesses and banks on financing adaptation solutions. Fu highlighted the need for resilience in supply chains and the integration of climate risks into investment decisions. A partnership between DBS and the Climate Bonds Initiative was also announced to enhance funding for adaptation projects in the Asia Pacific.

- On May 19, a discussion took place involving Sean Kidney from the Climate Bonds Initiative, Minister Grace Fu, and Kelvin Wong from DBS Bank regarding Singapore's first National Adaptation Plan to tackle climate impacts.  
- The plan aims to assess current measures and identify climate risks, with an expected release in 2027 and a focus on informing discussions with stakeholders for future financing solutions.  
- Additionally, the collaboration between DBS Bank and the Climate Bonds Initiative seeks to enhance funding for resilience projects in the Asia-Pacific region, highlighting the need for innovative financing strategies in adaptation efforts.

Yahoo Finance

DBS Group

First S’pore adaptation plan to identify risks and take stock of current measures, rather than new solutions

02888

DBS CEO Tan Su Shan discusses the impact of agentic AI on banking. A new program offers undergraduates hands-on AI finance training with over 1,000 internships. The SQ321 report indicates a radar issue may have caused severe turbulence for Singapore Airlines. Standard Chartered plans to hire more wealth bankers in Singapore despite global job cuts. The CPF life-cycle investment scheme could boost liquidity in Singapore stocks by 2028. Temasek Trust and The Rockefeller Foundation launch a coalition to support nuclear power funding.

Businesstimes News

STANCHART

Standard Chartered PLC

SIA Engineering

Daily Debrief: What Happened Today (May 19)

Academy Securities has appointed Tom McCabe to its Advisory Board. With over 30 years of financial expertise, McCabe previously served as CEO for the Americas at DBS Bank for 11 years until his retirement in 2025. His extensive experience in the financial sector will benefit Academy Securities.

Unusual Whales

Thomas J. McCabe joins Academy Securities’ Advisory Board

Analyst Hashim Osman from Phillip Securities has upgraded SIA Engineering Co to a Buy with a target price of S$4.06, citing resilient earnings and attractive valuation despite start-up losses. He notes robust growth in engine repair volumes and maintenance activity, while acknowledging geopolitical risks. DBS also maintains a Buy rating with a S$3.80 target. The stock has seen a 15.26% drop over the past six months, from S$3.670 to S$3.110.

Tip Ranks

Analyst Reiterates Buy as Robust MRO Growth and Engine Capacity Offset Start-Up Losses, While Target Price Eases to S$4.06

DBS Bank CEO Tan Su Shan sold 100,000 shares for $6 million at $60.12 each on May 15, according to a Singapore Exchange filing. She now holds 1.3 million shares, representing 0.048% of the bank's total. DBS reported a net profit of $2.93 billion for Q1 2026. Tan, the first female CEO, took over in March 2025 and received $9.6 million in remuneration for the previous year.

- DBS Bank CEO Piyush Gupta sold 100,000 shares of the bank, earning $6 million.  
- The shares were traded at $60.12 each on May 15, according to the Singapore Exchange's announcement on May 18.  
- As of now, she holds 1.3 million shares, representing 0.048% of the bank's total common stock, and the bank reported a net profit of $2.93 billion for Q1 2026.

Asiaone

DBS CEO Tan Su Shan sells $6m in company stock

DBS CEO Tan Su Shan emphasizes the importance of agentic AI in transforming banking and fostering a culture of adaptability. Reflecting on past leadership meetings, she noted the evolution of their motto from 'Show me your code' to 'Show me your agent,' highlighting the bank's commitment to innovation.

‘Even a CEO’s job can be replaced by AI’: DBS CEO Tan Su Shan bets big on agentic AI

The new CPF life-cycle investment scheme, launching in 2028, could channel up to S$9 billion annually into Singapore equities, according to Citi. This initiative aims to provide CPF members with potentially higher returns by allowing investments in diversified portfolios, including equities, compared to the current risk-free interest rates.

Amova Singapore STI ETF

Citigroup

CITIGROUP INC 6.250 NON CUM SER II PFD WI

Think hard about embracing the new CPF life-cycle investment scheme

DBS has partnered with the Climate Bonds Initiative to enhance climate adaptation financing in the Asia-Pacific region. This collaboration aims to develop a research paper identifying investment opportunities in sectors like energy and real estate, while also building internal capabilities to integrate climate resilience into banking processes. The partnership responds to the urgent need for over $365 billion annually by 2035 for climate adaptation, emphasizing the importance of financing resilience investments to support economies facing climate risks.

TechNode

CityDev

CITYDEV NCCPS

DBS, Climate Bonds Initiative team up to advance climate adaptation financing across APAC

FTXL

Singapore's non-oil domestic exports (NODX) surged 24.5% in April, the fastest growth since February 2012, driven by AI-related electronics demand. CGS International Securities upgraded its 2026 NODX growth forecast to 5%. Electronics exports rose 66.7%, with integrated circuits and disk media products leading the way. However, geopolitical tensions and rising oil prices pose risks to trade momentum. Singapore's trade surplus increased from $10 billion in March to $13.8 billion in April.

Singapore Business Review

FTSE Straits Times Index

First Trust Nasdaq Food & Semicon

AI boom insulates Singapore's exports from Middle East fallout: report

Shares of DBS Group and OCBC hit record highs as expectations for Federal Reserve rate cuts diminish. DBS shares rose 1.05% to S$61.40, while OCBC gained 0.8% to S$23.22. Analysts attribute this to U.S. inflation pressures and rising Singapore benchmark interest rates, which enhance net interest income prospects. Both banks reported strong Q1 earnings, bolstered by their wealth management sectors, with OCBC's acquisition of HSBC's business in Indonesia expected to further boost growth.

MorningStar

OCBC Bank

HSBC HOLDINGS

HSBC

HSBC 5xShortSG241213

HSBC Holdings Plc

DBS, OCBC Shares Hit Record Intraday Highs as Expectations for Fed Cuts Fade

Welcome to the Earnings Season Portfolio Check‑up Challenge!Once a week, you’ll sit down, review your holdings, analyse what earnings mean for you, and plan your next move.No daily pressure. Just 6 posts in 6 weeks. And yes – there are cash coupon prizes💰✨📅 Event period: Apr 21 – June 1, 2026✅ How to join: Post with【Week 1 – Your Headline】+ #My Portfolio Health Check, 30+ words on your earnings‑season thoughts + holdings screenshot🎁 Rewards: 6 weeks → SGD 20 | 5 weeks → SGD 10 | 4 weeks → SGD 5
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Welcome to the Earnings Season Portfolio Check‑up Challenge!Once a week, you’ll sit down, review your holdings, analyse what earnings mean for you, and plan your next move.No daily pressure. Just 6 posts in 6 weeks. And yes – there are cash coupon prizes💰✨📅 Event period: Apr 21 – June 1, 2026✅ How to join: Post with【Week 1 – Your Headline】+ #My Portfolio Health Check, 30+ words on your earnings‑season thoughts + holdings screenshot🎁 Rewards: 6 weeks → SGD 20 | 5 weeks → SGD 10 | 4 weeks → SGD 5 ⭐️ Every week's “Best Health Check‑up” get an extra SGD 5 cash voucher!🚀 Start your portfolio check up now!🔎 More details: <a href="https://longbridge.com/topics/100000000601111?channel=WHAB0001">https://longbridge.com/topics/100000000601111?channel=WHAB0001</a>

My Portfolio Health Check

【Week 4 – Pullback After Rebound, Waiting for Better Entries】Portfolio saw slight pullback this week as profit taking emerged after recent stabilization.Singtel remains the main drag while REITs continue holding near support with limited momentum.Overall market structure is still stabilizing but recovery strength remains selectiveEquities / Growth / REITs / ETF$SingTel(Z74.SG) - Weak but Holding SupportDefensive fundamentals remain stable with dividend support though sentiment is still soft after recent weakness.📊 S: 4.7 ~ 4.8, R: 4.9 ~ 5.0$Daiwa Hse Log Tr(DHLU.SG) - Sideways with Limited MomentumDefensive REIT exposure remains stable but higher-rate environment continues limiting upside.📊 S: 0.48 ~ 0.49, R: 0.50 ~ 0.51$Sasseur Reit(CRPU.SG) - Holding Relative StrengthStill one of the more stable holdings with yield support helping maintain price stability.📊 S: 0.66 ~ 0.67, R: 0.69 ~ 0.70$Keppel(BN4.SG) - Consolidating Near SupportShort-term momentum eased slightly though fundamentals remain supported by infrastructure and energy transition exposure.📊 S: 10.4 ~ 10.6, R: 10.9 ~ 11.1$STI ETF(ES3.SG) - Profit Taken, Waiting for Re-entry$SoFi Tech(SOFI.US) - Pullback After Recovery AttemptGrowth outlook remains positive though volatility continues due to rate expectations.📊 S: 14.8 ~ 15.2, R: 16.5 ~ 17.0$Grab(GRAB.US)- Stabilizing After VolatilityStill in early stabilization phase with profitability progress remaining the main catalyst.📊 S: 4.4 ~ 4.6, R: 4.9 ~ 5.1Market remains in stabilization phase with selective profit-taking emerging after recent rebound attempts. Defensive positioning continues outperforming aggressive momentum trades.Strategy: Staying defensive and patient, waiting for stronger recovery confirmation before increasing exposure.Portfolio remains relatively stable despite short-term pullback pressure. Focus remains on capital preservation, disciplined entries, and waiting for clearer momentum confirmation before becoming more aggressive

SingTel

Sasseur Reit

Keppel Reit

Keppel

SingTel 10

Singtel

SoFi Tech

Grab

Daiwa Hse Log Tr

GRAB - CW25

Vita21

Orders

【Week 3 – Watching for Recovery Confirmation】Portfolio is showing signs of stabilization after recent weakness though overall momentum remains mixed. Losses have narrowed slightly while selective positions are starting to recover as buying pressure slowly returns near support zones.Equities / REITs / ETF/Growth$SingTel(Z74.SG)Weak Momentum but Attempting Stabilisation - Fundamentals remain defensive with strong cash flow and dividend support while earnings sentiment remains the key catalyst.Key Levels: Support 4.50~4.55 | R 4.70~4.80$Daiwa Hse Log Tr(DHLU.SG) Under Pressure but Holding Near Support - Weak sideways structure continues but downside momentum appears to be slowing though higher for longer rate concerns continue to cap upside recovery.Key Levels: Support 0.49~0.495 | R 0.50~0.51$STI ETF(ES3.SG) Stable Structure with Broad Market Support.ETF stability suggests institutional support remains intact despite selective weakness.Key Levels: Support 4.95~4.98 | Resistance 5.05~5.10$Sasseur Reit(CRPU.SG)Holding Strength Despite Market Weakness showing relative strength.Yield support and stable operating outlook continue to attract defensive buying interest.Key Levels: Support 0.66~0.67 | R 0.69~0.70$Keppel(BN4.SG) Consolidating After Recent Pullback supported by infra, asset management,energy transition exposure while broader market sentiment remains the near term driver.Key Levels: Support 10.80~10.90 | R 11.20~11.40$SoFi Tech(SOFI.US)Early Recovery Momentum Emerging with slight gains after recent accumulation. Growth outlook remains tied to member expansion, lending growth and interest rate expectations.Key Levels: Support 15.20~15.50 | R 16.80~17.20$Grab(GRAB.US) Stabilizing After Volatile PullbackMarket continues watching profitability progress and regional growth execution as longer-term catalysts.Key Levels: Support 3.70~3.80 | R 4.10~4.25Staying defensive and patient, waiting for stronger recovery confirmation before increasing exposure

NewUser_t5cmBr

Ranks in the top 90% of account holders by rate of return
Calculated based on your Longbridge (Singapore) A/C

Rate Of Return

📈 Share your trades, earn SGD $2 per post! 
How to join: post your P/L + 20-word insight in English
Learn, connect, and cash in! 🚀

📈 Share your trades, earn SGD $2 per post! How to join: post your P/L + 20-word insight in English Learn, connect, and cash in! 🚀

Trade Showcase

$STI ETF(ES3.SG)showed an early breakout attempt but faced selling pressure near key resistance leading to a late session pullback and loss of momentumShort term neutral to slightly bearish due to resistance rejection, while medium term structure remains stable as long as key support holds Key Level: -Hold above $4.97 stabilization may support another rebound attempt -Break above $5.03 confirms bullish continuation and strength above 5.00 -Fall below $4.95 downside pressure may increase toward deeper consolidation Catalysts are driven by the US Fed rate outlook and bond yield direction, alongside Singapore bank earnings momentum with REIT recovery signals, institutional fund flows and broader regional sentiment shaping the next move

Running Investor

Ranks in the top 50% of account holders by rate of return
Calculated based on your Longbridge (Singapore) A/C

Esther_besther

Ranks in the top 20% of account holders by total assets
Calculated based on your Longbridge (Singapore) A/C

Total Assets

$STI ETF(ES3.SG)SPDR STI ETF remains structurally bullish but is currently cooling after a strong run-up. As long as support around recent consolidation levels holds, this looks more like healthy consolidation than a trend reversalA clean break above resistance would likely signal a new phase of upside momentum in price action

Solidion Tech

quekky

Alibaba

【Week 2 – Stabilization Phase, Selective Positioning】#My Portfolio Health CheckPortfolio is still in an early stabilization phase after the pullback, with no confirmed reversal yet. Staying patient, selective, and letting earnings + price action guide the next move.SG Assets (Equities / REITs / ETF)$STI ETF(ES3.SG)SPDR STI ETF (ETF) - Range-bound structure reflecting broader market stability. Fundamentals track index performance, with macro sentiment and STI direction as main driver.$SingTel(Z74.SG)SingTel (Equity - Telco) - Extended downtrend, still the main portfolio drag. Strong cash flow fundamentals but sentiment remains weak, with earnings and dividend guidance as key catalyst.$Daiwa Hse Log Tr(DHLU.SG)Daiwa House Logistics Trust (REIT - Logistics)- Weak sideways trend with slight downside bias. Defensive REIT fundamentals, but growth constrained in high-rate environment with refinancing conditions as key catalyst.$Sasseur Reit(CRPU.SG)Sasseur REIT (REIT - Retail) - Sideways structure, holding near support with weak momentum. Stable yield profile, but upside remains capped by rate sensitivity and DPU sustainability outlook.US Assets (Equities / Growth)$Grab(GRAB.US)Grab Holdings (Equity - Growth Fintech) - Early base-building phase with volatility. Growth-stage fundamentals still developing, with revenue growth and profitability path as main catalyst.$SoFi Tech(SOFI.US)SoFi Technologies (Equity - Fintech) - Early accumulation but high volatility structure. Growth narrative tied to rate sensitivity, with member growth and net interest income as key catalyst.Strategy:Staying defensive with no aggressive averaging. Waiting for earnings and price action to confirm direction before adding exposure. US growth positions remain small and tightly controlled due to higher volatility.Portfolio is still in a transition phase between pullback and stabilization, with no confirmed reversal yet. Staying patient, selective and letting market structure guide the next move

$STI ETF(ES3.SG)Intraday Weakness After Early StrengthSTI pulling back after an early push to 4.990 ($4.99 to 4.94), with sellers gradually taking control through the session.Price action reflects an early rally followed by steady intraday distribution, suggesting profit taking near resistance while broader bullish structure remains intact above major supportHolding above 4.93 keeps the broader structure constructive, but reclaiming 4.99 ~ 5.00 is needed for renewed bullish momentum.Statergy: Watching pullback within larger uptrend confirmation remains key

$STI ETF(ES3.SG)STI strong uptrend earlier and is now consolidating near the 5.00 level, reflecting a healthy pause after the recent rally 🚀Buying momentum remains intact, with pullbacks being supported. Price is holding near highs indicating accumulation rather than distribution as the market digests gains.Key Levels: Support 4.95 ~ 4.93 Resistance 5.00 ~ 5.02Holding near the highs suggests a continuation bias. As long as price stays above 4.95, further upside toward 5.02–5.05 remains likely supported by strong bank earnings, stable dividends and continued investor inflows into Singapore blue chips.Strategy : Look to buy on pullbacks or trade the breakout above 5.00 avoiding entries in the mid range

$STI ETF(ES3.SG) opened strong at 5.000 and pushed higher to a high of 5.016, showing early bullish momentum. Price failed to sustain above the 5.00 level and has since pulled back to ~4.94, indicating rejection at key resistancePullback shows resistance still holding wait for confirmation before committing

$STI ETF(ES3.SG)Short term bullish attempting a reversal within a broader consolidation range. Momentum is strong but confirmation above 5.00 is key failing that a pullback is likely before the next move

STI ETF (ES3) – Strong Opening Momentum$STI ETF(ES3.SG)price surged to 4.983 (+2.05%) at open, showing strong bullish momentum after the recent sell off. Gap up move with immediate buying interest suggests a potential reversal, now approaching key resistance levels.Key Levels:Resistance: 4.98 ~ 5.00 Support: 4.95 ~ 4.96Strategy: Watch for breakout above 5.00 for continuation or pullback to support for entry opportunities.Confirmation is key to trade - trade the move 🚀