{"id":94572,"date":"2026-09-18T09:29:37","date_gmt":"2026-09-18T01:29:37","guid":{"rendered":"https:\/\/www.kgieworld.sg\/research\/?p=94572"},"modified":"2026-09-18T11:09:06","modified_gmt":"2026-09-18T03:09:06","slug":"our-top-picks-today-stocks-18-september-2026","status":"publish","type":"post","link":"https:\/\/www.kgieworld.sg\/research\/our-top-picks-today-stocks-18-september-2026\/","title":{"rendered":"Our Top Picks Today: Stocks | 18 September 2026"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"94572\" class=\"elementor elementor-94572\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2c3dd860 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2c3dd860\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-66b37d88\" data-id=\"66b37d88\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7c4662be elementor-widget elementor-widget-heading\" data-id=\"7c4662be\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h6 class=\"elementor-heading-title elementor-size-default\">TRADING IDEAS<\/h6>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4d782541 elementor-widget elementor-widget-heading\" data-id=\"4d782541\" data-element_type=\"widget\" data-e-type=\"widget\" id=\"top\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Our Top Picks Today: Stocks | 18 September 2026<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3eca4f49 elementor-widget elementor-widget-text-editor\" data-id=\"3eca4f49\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p style=\"font-family: Montserrat; font-size: 13px; font-weight: 600; background: #e8f4ff; padding: 12px 18px; border-radius: 0px; margin-top: 16px;\"><span style=\"color: #15a4ff;\"><span style=\"text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;\"><a href=\"#sp\">SECTOR PERFORMANCE<\/a><\/span><\/span> &nbsp;|&nbsp; <font color=\"#15a4ff\"><span style=\"text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;\"><a href=\"#sp\">SINGAPORE<\/a><\/span><\/font> &nbsp;|&nbsp; <font color=\"#15a4ff\"><span style=\"text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;\"><a href=\"#hk\">HONG KONG<\/a><\/span><\/font> &nbsp;|&nbsp; <font color=\"#15a4ff\"><span style=\"text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;\"><a href=\"#us\">UNITED STATES<\/a><\/span><\/font> &nbsp;|&nbsp; <font color=\"#15a4ff\"><span style=\"text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;\"><a href=\"#td\">TRADING DASHBOARD<\/a><\/span><\/font><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2b9efad2 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2b9efad2\" data-element_type=\"section\" data-e-type=\"section\" id=\"sp\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3b4d79a\" data-id=\"3b4d79a\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6396b064 elementor-invisible elementor-widget elementor-widget-heading\" data-id=\"6396b064\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeInUp&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Sector Performance<\/h2>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t<div class=\"elementor-element elementor-element-4e5693e9 e-con e-atomic-element e-flexbox-base e-default-div e-4e5693e9-87160e8 \" data-id=\"4e5693e9\" data-element_type=\"e-flexbox\" data-e-type=\"e-flexbox\" data-interaction-id=\"4e5693e9\" data-e-type=\"e-flexbox\" data-id=\"4e5693e9\">\n    <div class=\"e-con e-atomic-element e-tabs-base e-default-div e-44a395f8-cd4311a \"\n    data-id=\"44a395f8\"\n    data-element_type=\"e-tabs\"\n    data-e-type=\"e-tabs\"\n    data-interaction-id=\"44a395f8\"\n    data-interactions=\"null\"\n    x-data=\"eTabs44a395f8\"\n    data-e-settings=\"&#x7B;&quot;default-active-tab&quot;&#x3A;&quot;44a395f8-tab-0&quot;&#x7D;\"\n                data-e-type=\"e-tabs\" data-id=\"44a395f8\"\n        >\n    <div class=\"e-con e-atomic-element e-tabs-menu-base e-default-div e-5e55aef0-8931df7 \"\n    data-id=\"5e55aef0\"\n    data-element_type=\"e-tabs-menu\"\n    data-e-type=\"e-tabs-menu\"\n    data-interaction-id=\"5e55aef0\"\n    data-interactions=\"null\"\n    role=\"tablist\"\n                data-e-type=\"e-tabs-menu\" data-id=\"5e55aef0\"\n        ><button class=\"e-con e-atomic-element e-tab-base e-default-button e-150994fe-9788b5b DUP_SP-TAB  e--selected\"\n    data-id=\"150994fe\"\n    data-element_type=\"e-tab\"\n    data-e-type=\"e-tab\"\n    data-interaction-id=\"150994fe\"\n    data-interactions=\"null\"\n    role=\"tab\"\n    tabindex=\"0\"\n    aria-selected=\"true\"\n    x-bind=\"tab\"\n    x-ref=\"150994fe\"\n    id=\"44a395f8-tab-0\"\n    aria-controls=\"44a395f8-tab-content-0\"\n            data-e-type=\"e-tab\" data-id=\"150994fe\"\n        >\t\t\t<span class=\"e-444555eb-cee00c1 e-paragraph-base e-default-span\" data-interaction-id=\"444555eb\" data-e-type=\"widget\" data-id=\"444555eb\">UNITED STATES<\/span>\n\t\t<\/button>\n<button class=\"e-con e-atomic-element e-tab-base e-default-button e-171434a6-bdeddf4 DUP_SP-TAB \"\n    data-id=\"171434a6\"\n    data-element_type=\"e-tab\"\n    data-e-type=\"e-tab\"\n    data-interaction-id=\"171434a6\"\n    data-interactions=\"null\"\n    role=\"tab\"\n    tabindex=\"-1\"\n    aria-selected=\"false\"\n    x-bind=\"tab\"\n    x-ref=\"171434a6\"\n    id=\"44a395f8-tab-1\"\n    aria-controls=\"44a395f8-tab-content-1\"\n            data-e-type=\"e-tab\" data-id=\"171434a6\"\n        >\t\t\t<span class=\"e-7f9ee318-dc6e1d2 e-paragraph-base e-default-span\" data-interaction-id=\"7f9ee318\" data-e-type=\"widget\" data-id=\"7f9ee318\">HONG KONG<\/span>\n\t\t<\/button>\n<\/div>\n<div class=\"e-con e-atomic-element e-tabs-content-area-base e-default-div \"\n    data-id=\"7f1b9eed\"\n    data-element_type=\"e-tabs-content-area\"\n    data-e-type=\"e-tabs-content-area\"\n    data-interaction-id=\"7f1b9eed\"\n    data-interactions=\"null\"\n                data-e-type=\"e-tabs-content-area\" data-id=\"7f1b9eed\"\n        ><div class=\"e-con e-atomic-element e-tab-content-base e-default-div  e--selected\"\n    data-id=\"2787e530\"\n    data-element_type=\"e-tab-content\"\n    data-e-type=\"e-tab-content\"\n    data-interaction-id=\"2787e530\"\n    data-interactions=\"null\"\n    role=\"tabpanel\"\n    x-bind=\"tabContent\"\n    x-ref=\"2787e530\"\n    id=\"44a395f8-tab-content-0\"\n    aria-labelledby=\"44a395f8-tab-0\"\n                data-e-type=\"e-tab-content\" data-id=\"2787e530\"\n        >\t\t<div class=\"elementor-element elementor-element-1d5d6f5d elementor-widget elementor-widget-image\" data-id=\"1d5d6f5d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"1174\" height=\"639\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2026\/09\/US-SP-1-1.png?wsr\" class=\"attachment-full size-full wp-image-94603\" alt=\"\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2026\/09\/US-SP-1-1.png 1174w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2026\/09\/US-SP-1-1-300x163.png 300w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2026\/09\/US-SP-1-1-1024x557.png 1024w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2026\/09\/US-SP-1-1-768x418.png 768w\" sizes=\"(max-width: 1174px) 100vw, 1174px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2e082048 elementor-widget elementor-widget-image\" data-id=\"2e082048\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1181\" height=\"378\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2026\/09\/US-SP-2.png?wsr\" class=\"attachment-full size-full wp-image-94604\" alt=\"\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2026\/09\/US-SP-2.png 1181w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2026\/09\/US-SP-2-300x96.png 300w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2026\/09\/US-SP-2-1024x328.png 1024w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2026\/09\/US-SP-2-768x246.png 768w\" sizes=\"(max-width: 1181px) 100vw, 1181px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-473d5c7f elementor-widget elementor-widget-image\" data-id=\"473d5c7f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1179\" height=\"311\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2026\/09\/US-SP-3.png?wsr\" class=\"attachment-full size-full wp-image-94605\" alt=\"\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2026\/09\/US-SP-3.png 1179w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2026\/09\/US-SP-3-300x79.png 300w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2026\/09\/US-SP-3-1024x270.png 1024w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2026\/09\/US-SP-3-768x203.png 768w\" sizes=\"(max-width: 1179px) 100vw, 1179px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n<div class=\"e-con e-atomic-element e-tab-content-base e-default-div \"\n    data-id=\"ce50fbd\"\n    data-element_type=\"e-tab-content\"\n    data-e-type=\"e-tab-content\"\n    data-interaction-id=\"ce50fbd\"\n    data-interactions=\"null\"\n    role=\"tabpanel\"\n    x-bind=\"tabContent\"\n    x-ref=\"ce50fbd\"\n    id=\"44a395f8-tab-content-1\"\n    aria-labelledby=\"44a395f8-tab-1\"\n     hidden=\"true\" style=\"display: none;\"            data-e-type=\"e-tab-content\" data-id=\"ce50fbd\"\n        >\t\t<div class=\"elementor-element elementor-element-243dd799 elementor-widget elementor-widget-image\" data-id=\"243dd799\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"650\" height=\"344\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2026\/09\/hk-sp.png?wsr\" class=\"attachment-full size-full wp-image-94584\" alt=\"\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2026\/09\/hk-sp.png 650w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2026\/09\/hk-sp-300x159.png 300w\" sizes=\"(max-width: 650px) 100vw, 650px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n<\/div>\n\t\t\t<p class=\"e-223c98b1-77f2c91 e-paragraph-base e-default-p\" data-interaction-id=\"223c98b1\" data-e-type=\"widget\" data-id=\"223c98b1\"><a target=\"_self\" href=\"#top\">^ Back to Top<\/a><\/p>\n\t\t\n<\/div>\n\t\t\n\n<\/div>\n\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-27b9779d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"27b9779d\" data-element_type=\"section\" data-e-type=\"section\" id=\"sg\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3348c688\" data-id=\"3348c688\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-18c3c13e elementor-invisible elementor-widget elementor-widget-heading\" data-id=\"18c3c13e\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeInUp&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Singapore<\/h2>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t<div class=\"elementor-element elementor-element-5526e1ca e-flex e-con-boxed e-con e-parent\" data-id=\"5526e1ca\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-308ecca e-con-full animated-slow e-flex elementor-invisible e-con e-child\" data-id=\"308ecca\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;animation&quot;:&quot;fadeInLeft&quot;,&quot;animation_mobile&quot;:&quot;fadeInUp&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-e884797 elementor-widget__width-inherit elementor-widget elementor-widget-heading\" data-id=\"e884797\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h6 class=\"elementor-heading-title elementor-size-default\">RE-ITERATE BUY<\/h6>\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-3c648cc e-con-full e-flex e-con e-child\" data-id=\"3c648cc\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5678208 elementor-widget elementor-widget-image\" data-id=\"5678208\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"500\" height=\"94\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2026\/09\/Foundation-Healthcare-Holdings-FHH-SP-Logo.jpeg\" class=\"attachment-large size-large wp-image-94362\" alt=\"\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2026\/09\/Foundation-Healthcare-Holdings-FHH-SP-Logo.jpeg 500w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2026\/09\/Foundation-Healthcare-Holdings-FHH-SP-Logo-300x56.jpeg 300w\" sizes=\"(max-width: 500px) 100vw, 500px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f97d593 elementor-widget elementor-widget-text-editor\" data-id=\"f97d593\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<div style=\"padding: 0 24px; min-height: 120px;\"><p style=\"font-family: Montserrat; font-size: 11px; font-weight: 600; color: #9b9b9b; letter-spacing: 2px; text-transform: uppercase; margin: 0 0 6px;\">FHH SP<\/p><h3 style=\"font-family: Montserrat; font-size: 22px; font-weight: 600; color: #0d2a5e; margin: 0 0 12px;\">Foundation Healthcare Holdings<\/h3><p style=\"font-family: Montserrat; font-size: 13px; color: #555555; margin: 0;\">Specialist consolidation, margin recovery, and post-IPO rerating potential<\/p><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-644c37f e-con-full e-flex e-con e-child\" data-id=\"644c37f\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-09a5038 e-con-full e-flex e-con e-child\" data-id=\"09a5038\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-9dd642c elementor-widget elementor-widget-heading\" data-id=\"9dd642c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h6 class=\"elementor-heading-title elementor-size-default\">ENTRY<\/h6>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-555324a elementor-widget elementor-widget-counter\" data-id=\"555324a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"counter.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-counter\">\n\t\t\t\t\t\t<div class=\"elementor-counter-number-wrapper\">\n\t\t\t\t<span class=\"elementor-counter-number-prefix\"><\/span>\n\t\t\t\t<span class=\"elementor-counter-number\" data-duration=\"2000\" data-to-value=\"0.6\" data-from-value=\"0\" data-delimiter=\",\">0<\/span>\n\t\t\t\t<span class=\"elementor-counter-number-suffix\"><\/span>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-1c0f342 e-con-full e-flex e-con e-child\" data-id=\"1c0f342\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-18d6cdf elementor-widget elementor-widget-heading\" data-id=\"18d6cdf\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h6 class=\"elementor-heading-title elementor-size-default\">TARGET<\/h6>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-105a305 elementor-widget elementor-widget-counter\" data-id=\"105a305\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"counter.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-counter\">\n\t\t\t\t\t\t<div class=\"elementor-counter-number-wrapper\">\n\t\t\t\t<span class=\"elementor-counter-number-prefix\"><\/span>\n\t\t\t\t<span class=\"elementor-counter-number\" data-duration=\"2000\" data-to-value=\"0.7\" data-from-value=\"0\" data-delimiter=\",\">0<\/span>\n\t\t\t\t<span class=\"elementor-counter-number-suffix\"><\/span>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-028330f e-con-full e-flex e-con e-child\" data-id=\"028330f\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-ca67b5a elementor-widget elementor-widget-heading\" data-id=\"ca67b5a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h6 class=\"elementor-heading-title elementor-size-default\">STOP LOSS<\/h6>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-46b953b elementor-widget elementor-widget-counter\" data-id=\"46b953b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"counter.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-counter\">\n\t\t\t\t\t\t<div class=\"elementor-counter-number-wrapper\">\n\t\t\t\t<span class=\"elementor-counter-number-prefix\"><\/span>\n\t\t\t\t<span class=\"elementor-counter-number\" data-duration=\"2000\" data-to-value=\"0.55\" data-from-value=\"0\" data-delimiter=\",\">0<\/span>\n\t\t\t\t<span class=\"elementor-counter-number-suffix\"><\/span>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b6954a0 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"b6954a0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4f60735 elementor-widget elementor-widget-text-editor\" data-id=\"4f60735\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<div style=\"padding: 0 24px; min-height: 150px;\"><p style=\"font-family: Montserrat; font-size: 9px; font-weight: 600; color: #9b9b9b; letter-spacing: 2px; text-transform: uppercase; margin: 0 0 4px;\">KEY INSIGHTS #1<\/p><p style=\"font-family: Montserrat; font-size: 14px; font-weight: 600; color: #00367c; margin: 0 0 8px;\">Singapore\u2019s fragmented private specialist market creates a long runway for consolidation.<\/p><p style=\"font-family: Montserrat; font-size: 13px; color: #555555; line-height: 1.7; margin: 0;\">Foundation Healthcare held only 7.2% of Singapore\u2019s private specialist market by revenue in FY25 despite already being the largest among key private specialist groups by specialist and clinic count. Its network expanded to 108 specialists by June 2026, with another four already joined or signed, while management expects acquisitions to resume in 2H26. 1H26 revenue grew 20.2% YoY to S$129.2M, with specialist services contributing S$125.7M, demonstrating that both recruitment and acquisitions continue to translate into topline growth.<\/p><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9a9e151 elementor-widget elementor-widget-text-editor\" data-id=\"9a9e151\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<div style=\"padding: 0 24px; min-height: 150px;\"><p style=\"font-family: Montserrat; font-size: 9px; font-weight: 600; color: #9b9b9b; letter-spacing: 2px; text-transform: uppercase; margin: 0 0 4px;\">KEY INSIGHTS #2<\/p><p style=\"font-family: Montserrat; font-size: 14px; font-weight: 600; color: #00367c; margin: 0 0 8px;\">The post-IPO de-rating leaves a wide valuation gap if execution normalises.<\/p><p style=\"font-family: Montserrat; font-size: 13px; color: #555555; line-height: 1.7; margin: 0;\">Foundation listed at S$0.76 in July but has fallen to around S$0.64\u20130.65, roughly 15% below the IPO price despite continued double-digit revenue growth. The two current analyst targets average S$1.05, with a S$1.00\u20131.10 range, implying substantial upside if management delivers the expected margin recovery and restarts accretive M&amp;A. The ownership structure also becomes cleaner from 2H26 because all specialist practices are now 100%-owned by Foundation, eliminating minority interests from those practices and improving future earnings attribution to shareholders.<\/p><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-2fc71f8a e-con-full animated-slow e-flex elementor-invisible e-con e-child\" data-id=\"2fc71f8a\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;animation&quot;:&quot;fadeInRight&quot;,&quot;animation_mobile&quot;:&quot;fadeInUp&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-c1ec993 elementor-widget__width-inherit elementor-widget elementor-widget-heading\" data-id=\"c1ec993\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h6 class=\"elementor-heading-title elementor-size-default\">RE-ITERATE BUY<\/h6>\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-69be465 e-con-full e-flex e-con e-child\" data-id=\"69be465\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f2918cc elementor-widget elementor-widget-image\" data-id=\"f2918cc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"99\" height=\"99\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2026\/09\/Addvalue-Technologies\uff08ADDV-SP\uff09.jpg\" class=\"attachment-large size-large wp-image-94593\" alt=\"\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6f6d659 elementor-widget elementor-widget-text-editor\" data-id=\"6f6d659\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<div style=\"padding: 0 24px; min-height: 120px;\"><p style=\"font-family: Montserrat; font-size: 11px; font-weight: 600; color: #9b9b9b; letter-spacing: 2px; text-transform: uppercase; margin: 0 0 6px;\">ADDV SP<\/p><h3 style=\"font-family: Montserrat; font-size: 22px; font-weight: 600; color: #0d2a5e; margin: 0 0 12px;\">Addvalue Technologies<\/h3><p style=\"font-family: Montserrat; font-size: 13px; color: #555555; margin: 0;\">Space connectivity adoption, order-book visibility, and recurring airtime upside<\/p><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-4b488a2 e-con-full e-flex e-con e-child\" data-id=\"4b488a2\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-9783459 e-con-full e-flex e-con e-child\" data-id=\"9783459\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f6c698f elementor-widget elementor-widget-heading\" data-id=\"f6c698f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h6 class=\"elementor-heading-title elementor-size-default\">ENTRY<\/h6>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8538803 elementor-widget elementor-widget-counter\" data-id=\"8538803\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"counter.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-counter\">\n\t\t\t\t\t\t<div class=\"elementor-counter-number-wrapper\">\n\t\t\t\t<span class=\"elementor-counter-number-prefix\"><\/span>\n\t\t\t\t<span class=\"elementor-counter-number\" data-duration=\"2000\" data-to-value=\"0.19\" data-from-value=\"0\" data-delimiter=\",\">0<\/span>\n\t\t\t\t<span class=\"elementor-counter-number-suffix\"><\/span>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-06f9c3f e-con-full e-flex e-con e-child\" data-id=\"06f9c3f\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5b6d234 elementor-widget elementor-widget-heading\" data-id=\"5b6d234\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h6 class=\"elementor-heading-title elementor-size-default\">TARGET<\/h6>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-506ce4d elementor-widget elementor-widget-counter\" data-id=\"506ce4d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"counter.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-counter\">\n\t\t\t\t\t\t<div class=\"elementor-counter-number-wrapper\">\n\t\t\t\t<span class=\"elementor-counter-number-prefix\"><\/span>\n\t\t\t\t<span class=\"elementor-counter-number\" data-duration=\"2000\" data-to-value=\"0.23\" data-from-value=\"0\" data-delimiter=\",\">0<\/span>\n\t\t\t\t<span class=\"elementor-counter-number-suffix\"><\/span>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-1957678 e-con-full e-flex e-con e-child\" data-id=\"1957678\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-113a972 elementor-widget elementor-widget-heading\" data-id=\"113a972\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h6 class=\"elementor-heading-title elementor-size-default\">STOP LOSS<\/h6>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bacf360 elementor-widget elementor-widget-counter\" data-id=\"bacf360\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"counter.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-counter\">\n\t\t\t\t\t\t<div class=\"elementor-counter-number-wrapper\">\n\t\t\t\t<span class=\"elementor-counter-number-prefix\"><\/span>\n\t\t\t\t<span class=\"elementor-counter-number\" data-duration=\"2000\" data-to-value=\"0.17\" data-from-value=\"0\" data-delimiter=\",\">0<\/span>\n\t\t\t\t<span class=\"elementor-counter-number-suffix\"><\/span>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-17c194f elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"17c194f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-59c0a53 elementor-widget elementor-widget-text-editor\" data-id=\"59c0a53\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<div style=\"padding: 0 24px; min-height: 150px;\"><p style=\"font-family: Montserrat; font-size: 9px; font-weight: 600; color: #9b9b9b; letter-spacing: 2px; text-transform: uppercase; margin: 0 0 4px;\">KEY INSIGHTS #1<\/p><p style=\"font-family: Montserrat; font-size: 14px; font-weight: 600; color: #00367c; margin: 0 0 8px;\">LEO satellite proliferation is driving greater demand for always-on space<\/p><p style=\"font-family: Montserrat; font-size: 13px; color: #555555; line-height: 1.7; margin: 0;\">Addvalue\u2019s IDRS allows LEO satellites to communicate through geostationary relay networks rather than waiting for conventional ground-station passes, enabling near-real-time command and data transfer. Adoption continues to broaden: in June 2026, Addvalue secured US$5.1M of new IDRS orders from three customers, including one new customer, for Earth-observation and in-orbit servicing missions. This followed another US$2.9M of IDRS orders announced in April, while the company has continued securing additional contracts through September. The repeated wins support the thesis that IDRS is moving from early validation toward broader commercial adoption as satellite constellations scale.\u00a0<\/p><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bffcd3f elementor-widget elementor-widget-text-editor\" data-id=\"bffcd3f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<div style=\"padding: 0 24px; min-height: 150px;\"><p style=\"font-family: Montserrat; font-size: 9px; font-weight: 600; color: #9b9b9b; letter-spacing: 2px; text-transform: uppercase; margin: 0 0 4px;\">KEY INSIGHTS #2<\/p><p style=\"font-family: Montserrat; font-size: 14px; font-weight: 600; color: #00367c; margin: 0 0 8px;\">Revenue growth is increasingly backed by a larger and more diversified order pipeline.<\/p><p style=\"font-family: Montserrat; font-size: 13px; color: #555555; line-height: 1.7; margin: 0;\">FY26 revenue increased 59.9% YoY to US$24.8M, with more than 94% generated by the SPC and ADR businesses. SPC revenue rose 60.7%, while ADR revenue increased 56.4%, demonstrating that growth is no longer dependent on a single product line. Gross margin held at a strong 52.1%, while net profit more than doubled to US$4.8M from US$2.0M. The June IDRS wins lifted the order book to US$23.35M, and a further US$5M of SPC and ADR orders announced on 4 September improves FY27 revenue visibility further.<\/p><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-7c96cca7 e-flex e-con-boxed e-con e-parent\" data-id=\"7c96cca7\" data-element_type=\"container\" data-e-type=\"container\" id=\"hk\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-361071e1 e-con-full e-flex e-con e-child\" data-id=\"361071e1\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-508a2c1d elementor-invisible elementor-widget elementor-widget-heading\" data-id=\"508a2c1d\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeInUp&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Hong Kong<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-0664fb8 e-flex e-con-boxed e-con e-parent\" data-id=\"0664fb8\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-714267c e-con-full animated-slow e-flex elementor-invisible e-con e-child\" data-id=\"714267c\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;animation&quot;:&quot;fadeInLeft&quot;,&quot;animation_mobile&quot;:&quot;fadeInUp&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-4b3e404 elementor-widget__width-inherit elementor-widget elementor-widget-heading\" data-id=\"4b3e404\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h6 class=\"elementor-heading-title elementor-size-default\">RE-ITERATE BUY<\/h6>\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-87c8011 e-con-full e-flex e-con e-child\" data-id=\"87c8011\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-ac4aec9 elementor-widget elementor-widget-image\" data-id=\"ac4aec9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"110\" height=\"110\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2026\/09\/Zailab.png\" class=\"attachment-large size-large wp-image-94615\" alt=\"\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d536d68 elementor-widget elementor-widget-text-editor\" data-id=\"d536d68\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<div style=\"padding: 0 24px; min-height: 120px;\"><p style=\"font-family: Montserrat; font-size: 11px; font-weight: 600; color: #9b9b9b; letter-spacing: 2px; text-transform: uppercase; margin: 0 0 6px;\">9688 HK<\/p><h3 style=\"font-family: Montserrat; font-size: 22px; font-weight: 600; color: #0d2a5e; margin: 0 0 12px;\">Zai Lab<\/h3><p style=\"font-family: Montserrat; font-size: 13px; color: #555555; margin: 0;\">Pipeline maturation, commercial stabilization, and zoci catalyst density<\/p><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-5c6dba4 e-con-full e-flex e-con e-child\" data-id=\"5c6dba4\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-d704109 e-con-full e-flex e-con e-child\" data-id=\"d704109\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6471b24 elementor-widget elementor-widget-heading\" data-id=\"6471b24\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h6 class=\"elementor-heading-title elementor-size-default\">ENTRY<\/h6>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-80598ca elementor-widget elementor-widget-counter\" data-id=\"80598ca\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"counter.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-counter\">\n\t\t\t\t\t\t<div class=\"elementor-counter-number-wrapper\">\n\t\t\t\t<span class=\"elementor-counter-number-prefix\"><\/span>\n\t\t\t\t<span class=\"elementor-counter-number\" data-duration=\"2000\" data-to-value=\"18\" data-from-value=\"0\" data-delimiter=\",\">0<\/span>\n\t\t\t\t<span class=\"elementor-counter-number-suffix\"><\/span>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-6aa5215 e-con-full e-flex e-con e-child\" data-id=\"6aa5215\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-a86ca97 elementor-widget elementor-widget-heading\" data-id=\"a86ca97\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h6 class=\"elementor-heading-title elementor-size-default\">TARGET<\/h6>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b3a7cfd elementor-widget elementor-widget-counter\" data-id=\"b3a7cfd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"counter.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-counter\">\n\t\t\t\t\t\t<div class=\"elementor-counter-number-wrapper\">\n\t\t\t\t<span class=\"elementor-counter-number-prefix\"><\/span>\n\t\t\t\t<span class=\"elementor-counter-number\" data-duration=\"2000\" data-to-value=\"22\" data-from-value=\"0\" data-delimiter=\",\">0<\/span>\n\t\t\t\t<span class=\"elementor-counter-number-suffix\"><\/span>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-981ee31 e-con-full e-flex e-con e-child\" data-id=\"981ee31\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5306816 elementor-widget elementor-widget-heading\" data-id=\"5306816\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h6 class=\"elementor-heading-title elementor-size-default\">STOP LOSS<\/h6>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0fa3e8a elementor-widget elementor-widget-counter\" data-id=\"0fa3e8a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"counter.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-counter\">\n\t\t\t\t\t\t<div class=\"elementor-counter-number-wrapper\">\n\t\t\t\t<span class=\"elementor-counter-number-prefix\"><\/span>\n\t\t\t\t<span class=\"elementor-counter-number\" data-duration=\"2000\" data-to-value=\"16\" data-from-value=\"0\" data-delimiter=\",\">0<\/span>\n\t\t\t\t<span class=\"elementor-counter-number-suffix\"><\/span>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2d5e19d elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"2d5e19d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-844d3fb elementor-widget elementor-widget-text-editor\" data-id=\"844d3fb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<div style=\"padding: 0 24px; min-height: 150px;\"><p style=\"font-family: Montserrat; font-size: 9px; font-weight: 600; color: #9b9b9b; letter-spacing: 2px; text-transform: uppercase; margin: 0 0 4px;\">KEY INSIGHTS #1<\/p><p style=\"font-family: Montserrat; font-size: 14px; font-weight: 600; color: #00367c; margin: 0 0 8px;\">China innovative-biopharma sentiment is improving as locally developed assets gain global relevance.<\/p><p style=\"font-family: Montserrat; font-size: 13px; color: #555555; line-height: 1.7; margin: 0;\">Zai Lab is moving from a predominantly China licensing model toward developing globally relevant proprietary drugs. The clearest example is zoci, its DLL3-targeting ADC for small-cell lung cancer and neuroendocrine cancers, which has already received FDA Fast Track designation and orphan-drug designations from both the FDA and EMA. A global Phase 3 study is planned to start in 2H26, while first-line SCLC combination data are expected at ESMO 2026. Successful data would strengthen the case that Zai can create globally monetisable assets rather than simply commercialising imported drugs in China.<\/p><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f5c631c elementor-widget elementor-widget-text-editor\" data-id=\"f5c631c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<div style=\"padding: 0 24px; min-height: 150px;\"><p style=\"font-family: Montserrat; font-size: 9px; font-weight: 600; color: #9b9b9b; letter-spacing: 2px; text-transform: uppercase; margin: 0 0 4px;\">KEY INSIGHTS #2<\/p><p style=\"font-family: Montserrat; font-size: 14px; font-weight: 600; color: #00367c; margin: 0 0 8px;\">Commercial revenue is stabilising ahead of a potential return to growth in 2027.<\/p><p style=\"font-family: Montserrat; font-size: 13px; color: #555555; line-height: 1.7; margin: 0;\">2Q26 revenue was US$106.3M, down modestly YoY but up sequentially, with net product revenue increasing 11% QoQ as ZEJULA stabilised and VYVGART delivered double-digit volume growth. KarXT has now launched in mainland China, while TIVDAK received NMPA approval in June, expanding the commercial portfolio further. Management expects the business to return to meaningful growth in 2027, which is important because a stronger commercial base can help fund the increasingly expensive global clinical pipeline. Zai also retained US$717.5M of cash and short-term investments at end-June.<\/p><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-225f98e e-con-full animated-slow e-flex elementor-invisible e-con e-child\" data-id=\"225f98e\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;animation&quot;:&quot;fadeInRight&quot;,&quot;animation_mobile&quot;:&quot;fadeInUp&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-c13e8b4 elementor-widget__width-inherit elementor-widget elementor-widget-heading\" data-id=\"c13e8b4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h6 class=\"elementor-heading-title elementor-size-default\">RE-ITERATE BUY<\/h6>\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-3cfc7bd e-con-full e-flex e-con e-child\" data-id=\"3cfc7bd\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5d294f8 elementor-widget elementor-widget-image\" data-id=\"5d294f8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"111\" height=\"111\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2026\/09\/Cosco-Shipping.jpg\" class=\"attachment-medium size-medium wp-image-94594\" alt=\"\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9c4dea0 elementor-widget elementor-widget-text-editor\" data-id=\"9c4dea0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<div style=\"padding: 0 24px; min-height: 120px;\"><p style=\"font-family: Montserrat; font-size: 11px; font-weight: 600; color: #9b9b9b; letter-spacing: 2px; text-transform: uppercase; margin: 0 0 6px;\">1199 HK<\/p><h3 style=\"font-family: Montserrat; font-size: 22px; font-weight: 600; color: #0d2a5e; margin: 0 0 12px;\">COSCO SHIPPING Ports<\/h3><p style=\"font-family: Montserrat; font-size: 13px; color: #555555; margin: 0;\">Throughput growth, overseas terminal scaling, and Chancay optionality<\/p><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-b43f990 e-con-full e-flex e-con e-child\" data-id=\"b43f990\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-34453db e-con-full e-flex e-con e-child\" data-id=\"34453db\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-ad46fc5 elementor-widget elementor-widget-heading\" data-id=\"ad46fc5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h6 class=\"elementor-heading-title elementor-size-default\">ENTRY<\/h6>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2b069b4 elementor-widget elementor-widget-counter\" data-id=\"2b069b4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"counter.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-counter\">\n\t\t\t\t\t\t<div class=\"elementor-counter-number-wrapper\">\n\t\t\t\t<span class=\"elementor-counter-number-prefix\"><\/span>\n\t\t\t\t<span class=\"elementor-counter-number\" data-duration=\"2000\" data-to-value=\"5.8\" data-from-value=\"0\" data-delimiter=\",\">0<\/span>\n\t\t\t\t<span class=\"elementor-counter-number-suffix\"><\/span>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-d223180 e-con-full e-flex e-con e-child\" data-id=\"d223180\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-954a27d elementor-widget elementor-widget-heading\" data-id=\"954a27d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h6 class=\"elementor-heading-title elementor-size-default\">TARGET<\/h6>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cc8b8c1 elementor-widget elementor-widget-counter\" data-id=\"cc8b8c1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"counter.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-counter\">\n\t\t\t\t\t\t<div class=\"elementor-counter-number-wrapper\">\n\t\t\t\t<span class=\"elementor-counter-number-prefix\"><\/span>\n\t\t\t\t<span class=\"elementor-counter-number\" data-duration=\"2000\" data-to-value=\"6.8\" data-from-value=\"0\" data-delimiter=\",\">0<\/span>\n\t\t\t\t<span class=\"elementor-counter-number-suffix\"><\/span>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-83c97a9 e-con-full e-flex e-con e-child\" data-id=\"83c97a9\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-223477c elementor-widget elementor-widget-heading\" data-id=\"223477c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h6 class=\"elementor-heading-title elementor-size-default\">STOP LOSS<\/h6>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-757a74c elementor-widget elementor-widget-counter\" data-id=\"757a74c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"counter.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-counter\">\n\t\t\t\t\t\t<div class=\"elementor-counter-number-wrapper\">\n\t\t\t\t<span class=\"elementor-counter-number-prefix\"><\/span>\n\t\t\t\t<span class=\"elementor-counter-number\" data-duration=\"2000\" data-to-value=\"5.3\" data-from-value=\"0\" data-delimiter=\",\">0<\/span>\n\t\t\t\t<span class=\"elementor-counter-number-suffix\"><\/span>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b08ff05 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"b08ff05\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d59e845 elementor-widget elementor-widget-text-editor\" data-id=\"d59e845\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<div style=\"padding: 0 24px; min-height: 150px;\"><p style=\"font-family: Montserrat; font-size: 9px; font-weight: 600; color: #9b9b9b; letter-spacing: 2px; text-transform: uppercase; margin: 0 0 4px;\">KEY INSIGHTS #1<\/p><p style=\"font-family: Montserrat; font-size: 14px; font-weight: 600; color: #00367c; margin: 0 0 8px;\">Global container throughput remains resilient despite softer shipping profitability.<\/p><p style=\"font-family: Montserrat; font-size: 13px; color: #555555; line-height: 1.7; margin: 0;\">COSCO SHIPPING Ports handled 80.2M TEU in 1H26, +7.9% YoY, while equity throughput increased 7.0% to 24.5M TEU. Revenue rose 12.3% to US$905M and attributable profit increased 28.5% to US$234M, showing operating leverage despite a more difficult shipping backdrop. The key distinction versus container shipping lines is that ports earn primarily from throughput and terminal services, making 1199 HK less directly exposed to falling freight rates while still benefiting from sustained global trade volumes.<\/p><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fd55ed5 elementor-widget elementor-widget-text-editor\" data-id=\"fd55ed5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<div style=\"padding: 0 24px; min-height: 150px;\"><p style=\"font-family: Montserrat; font-size: 9px; font-weight: 600; color: #9b9b9b; letter-spacing: 2px; text-transform: uppercase; margin: 0 0 4px;\">KEY INSIGHTS #2<\/p><p style=\"font-family: Montserrat; font-size: 14px; font-weight: 600; color: #00367c; margin: 0 0 8px;\">Overseas terminals are becoming a larger and faster-growing earnings engine.<\/p><p style=\"font-family: Montserrat; font-size: 13px; color: #555555; line-height: 1.7; margin: 0;\">Overseas throughput increased 18.0% YoY to 21.1M TEU in 1H26 and now represents 26.4% of group throughput, while overseas equity throughput rose 12.4% and accounts for 30.9% of the total. This geographical diversification is increasingly important as it reduces dependence on mature Chinese port volumes and gives COSCO exposure to faster-growing trade corridors. There are still pockets of weakness, with Piraeus throughput down 2.9% and Abu Dhabi down 44.3% due partly to Middle East disruptions, but the broader overseas portfolio continues to expand faster than the domestic network.<\/p><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-36ca6bac e-flex e-con-boxed e-con e-parent\" data-id=\"36ca6bac\" data-element_type=\"container\" data-e-type=\"container\" id=\"us\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-52b0ed22 e-con-full e-flex e-con e-child\" data-id=\"52b0ed22\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-336dd754 elementor-invisible elementor-widget elementor-widget-heading\" data-id=\"336dd754\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeInUp&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">United States<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-e17f261 e-flex e-con-boxed e-con e-parent\" data-id=\"e17f261\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-086e224 e-con-full animated-slow e-flex elementor-invisible e-con e-child\" data-id=\"086e224\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;animation&quot;:&quot;fadeInLeft&quot;,&quot;animation_mobile&quot;:&quot;fadeInUp&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-bc62db3 elementor-widget__width-inherit elementor-widget elementor-widget-heading\" data-id=\"bc62db3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h6 class=\"elementor-heading-title elementor-size-default\">RE-ITERATE BUY<\/h6>\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-a574969 e-con-full e-flex e-con e-child\" data-id=\"a574969\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-08106b6 elementor-widget elementor-widget-image\" data-id=\"08106b6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"100\" height=\"39\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2026\/09\/Intel-Corporation-INTC-US-Logo.svg\" class=\"attachment-large size-large wp-image-94364\" alt=\"\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-db6e0b9 elementor-widget elementor-widget-text-editor\" data-id=\"db6e0b9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<div style=\"padding: 0 24px; min-height: 120px;\"><p style=\"font-family: Montserrat; font-size: 11px; font-weight: 600; color: #9b9b9b; letter-spacing: 2px; text-transform: uppercase; margin: 0 0 6px;\">INTC US<\/p><h3 style=\"font-family: Montserrat; font-size: 22px; font-weight: 600; color: #0d2a5e; margin: 0 0 12px;\">Intel Corporation<\/h3><p style=\"font-family: Montserrat; font-size: 13px; color: #555555; margin: 0;\">AI CPU demand, 18A execution, and asset-monetisation optionality<\/p><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-07c5833 e-con-full e-flex e-con e-child\" data-id=\"07c5833\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-b260e51 e-con-full e-flex e-con e-child\" data-id=\"b260e51\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-a42285f elementor-widget elementor-widget-heading\" data-id=\"a42285f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h6 class=\"elementor-heading-title elementor-size-default\">ENTRY<\/h6>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e2505da elementor-widget elementor-widget-counter\" data-id=\"e2505da\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"counter.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-counter\">\n\t\t\t\t\t\t<div class=\"elementor-counter-number-wrapper\">\n\t\t\t\t<span class=\"elementor-counter-number-prefix\"><\/span>\n\t\t\t\t<span class=\"elementor-counter-number\" data-duration=\"2000\" data-to-value=\"98\" data-from-value=\"0\" data-delimiter=\",\">0<\/span>\n\t\t\t\t<span class=\"elementor-counter-number-suffix\"><\/span>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-be84050 e-con-full e-flex e-con e-child\" data-id=\"be84050\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-41b2f54 elementor-widget elementor-widget-heading\" data-id=\"41b2f54\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h6 class=\"elementor-heading-title elementor-size-default\">TARGET<\/h6>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0b65a6e elementor-widget elementor-widget-counter\" data-id=\"0b65a6e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"counter.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-counter\">\n\t\t\t\t\t\t<div class=\"elementor-counter-number-wrapper\">\n\t\t\t\t<span class=\"elementor-counter-number-prefix\"><\/span>\n\t\t\t\t<span class=\"elementor-counter-number\" data-duration=\"2000\" data-to-value=\"110\" data-from-value=\"\" data-delimiter=\",\"><\/span>\n\t\t\t\t<span class=\"elementor-counter-number-suffix\"><\/span>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-ba0bebd e-con-full e-flex e-con e-child\" data-id=\"ba0bebd\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-c11367c elementor-widget elementor-widget-heading\" data-id=\"c11367c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h6 class=\"elementor-heading-title elementor-size-default\">STOP LOSS<\/h6>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2607adb elementor-widget elementor-widget-counter\" data-id=\"2607adb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"counter.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-counter\">\n\t\t\t\t\t\t<div class=\"elementor-counter-number-wrapper\">\n\t\t\t\t<span class=\"elementor-counter-number-prefix\"><\/span>\n\t\t\t\t<span class=\"elementor-counter-number\" data-duration=\"2000\" data-to-value=\"92\" data-from-value=\"0\" data-delimiter=\",\">0<\/span>\n\t\t\t\t<span class=\"elementor-counter-number-suffix\"><\/span>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8d98f9d elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"8d98f9d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-63b3ac3 elementor-widget elementor-widget-text-editor\" data-id=\"63b3ac3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<div style=\"padding: 0 24px; min-height: 150px;\"><p style=\"font-family: Montserrat; font-size: 9px; font-weight: 600; color: #9b9b9b; letter-spacing: 2px; text-transform: uppercase; margin: 0 0 4px;\">KEY INSIGHTS #1<\/p><p style=\"font-family: Montserrat; font-size: 14px; font-weight: 600; color: #00367c; margin: 0 0 8px;\">AI infrastructure is creating a second demand leg for server CPUs alongside GPUs.<\/p><p style=\"font-family: Montserrat; font-size: 13px; color: #555555; line-height: 1.7; margin: 0;\">Intel\u2019s server outlook has strengthened materially as AI data centres require large numbers of host CPUs alongside accelerators. 2Q26 revenue rose 25% YoY to US$16.1B, marking Intel\u2019s strongest revenue growth in more than 15 years, while management has guided for double-digit industry server-unit growth with momentum extending into 2027. This is important because Intel does not need to displace NVIDIA in accelerators to benefit from AI capex: Xeon remains embedded as the host CPU across large AI clusters, allowing DCAI to participate directly in expanding data-centre compute budgets.<\/p><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-08f5110 elementor-widget elementor-widget-text-editor\" data-id=\"08f5110\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<div style=\"padding: 0 24px; min-height: 150px;\"><p style=\"font-family: Montserrat; font-size: 9px; font-weight: 600; color: #9b9b9b; letter-spacing: 2px; text-transform: uppercase; margin: 0 0 4px;\">KEY INSIGHTS #2<\/p><p style=\"font-family: Montserrat; font-size: 14px; font-weight: 600; color: #00367c; margin: 0 0 8px;\">Altera IPO and balance-sheet restructuring provide near-term value-unlock catalysts.<\/p><p style=\"font-family: Montserrat; font-size: 13px; color: #555555; line-height: 1.7; margin: 0;\">Intel retains a 49% stake in Altera after selling control to Silver Lake at an US$8.75B valuation, and Reuters reported on 10 September that Altera is preparing an IPO that could raise more than US$2B as early as 2026. A successful listing could crystallise the value of Intel\u2019s remaining stake while reinforcing CEO Lip-Bu Tan\u2019s strategy of monetising non-core assets and focusing capital on CPUs, AI and Foundry. Intel has also raised roughly US$20B through an August equity offering, strengthening liquidity for its manufacturing programme. The trade-off is substantial dilution, but with INTC around US$101 after a sharp run from below US$90 at the start of September, a pullback toward US$95 offers a cleaner risk-reward entry ahead of further 18A and Altera catalysts.<\/p><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-7047058 e-con-full animated-slow e-flex elementor-invisible e-con e-child\" data-id=\"7047058\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;animation&quot;:&quot;fadeInRight&quot;,&quot;animation_mobile&quot;:&quot;fadeInUp&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-31851ea elementor-widget__width-inherit elementor-widget elementor-widget-heading\" data-id=\"31851ea\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h6 class=\"elementor-heading-title elementor-size-default\">RE-ITERATE BUY<\/h6>\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-3773f9e e-con-full e-flex e-con e-child\" data-id=\"3773f9e\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-e3bb424 elementor-widget elementor-widget-image\" data-id=\"e3bb424\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"28\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2026\/09\/JJ-300x28.png\" class=\"attachment-medium size-medium wp-image-94598\" alt=\"\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2026\/09\/JJ-300x28.png 300w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2026\/09\/JJ.png 513w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fcb7f75 elementor-widget elementor-widget-text-editor\" data-id=\"fcb7f75\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<div style=\"padding: 0 24px; min-height: 120px;\"><p style=\"font-family: Montserrat; font-size: 11px; font-weight: 600; color: #9b9b9b; letter-spacing: 2px; text-transform: uppercase; margin: 0 0 6px;\">JNJ US<\/p><h3 style=\"font-family: Montserrat; font-size: 22px; font-weight: 600; color: #0d2a5e; margin: 0 0 12px;\">Johnson &amp; Johnson<\/h3><p style=\"font-family: Montserrat; font-size: 13px; color: #555555; margin: 0;\">Defensive healthcare leader with oncology and cardiovascular growth engines<\/p><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-aea414d e-con-full e-flex e-con e-child\" data-id=\"aea414d\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-54c6704 e-con-full e-flex e-con e-child\" data-id=\"54c6704\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-34692b2 elementor-widget elementor-widget-heading\" data-id=\"34692b2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h6 class=\"elementor-heading-title elementor-size-default\">ENTRY<\/h6>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-51b4e4e elementor-widget elementor-widget-counter\" data-id=\"51b4e4e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"counter.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-counter\">\n\t\t\t\t\t\t<div class=\"elementor-counter-number-wrapper\">\n\t\t\t\t<span class=\"elementor-counter-number-prefix\"><\/span>\n\t\t\t\t<span class=\"elementor-counter-number\" data-duration=\"2000\" data-to-value=\"264\" data-from-value=\"0\" data-delimiter=\",\">0<\/span>\n\t\t\t\t<span class=\"elementor-counter-number-suffix\"><\/span>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-69f0bab e-con-full e-flex e-con e-child\" data-id=\"69f0bab\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-393a123 elementor-widget elementor-widget-heading\" data-id=\"393a123\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h6 class=\"elementor-heading-title elementor-size-default\">TARGET<\/h6>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fbe775a elementor-widget elementor-widget-counter\" data-id=\"fbe775a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"counter.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-counter\">\n\t\t\t\t\t\t<div class=\"elementor-counter-number-wrapper\">\n\t\t\t\t<span class=\"elementor-counter-number-prefix\"><\/span>\n\t\t\t\t<span class=\"elementor-counter-number\" data-duration=\"2000\" data-to-value=\"290\" data-from-value=\"0\" data-delimiter=\",\">0<\/span>\n\t\t\t\t<span class=\"elementor-counter-number-suffix\"><\/span>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-8f1f767 e-con-full e-flex e-con e-child\" data-id=\"8f1f767\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-a849e7d elementor-widget elementor-widget-heading\" data-id=\"a849e7d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h6 class=\"elementor-heading-title elementor-size-default\">STOP LOSS<\/h6>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-043457e elementor-widget elementor-widget-counter\" data-id=\"043457e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"counter.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-counter\">\n\t\t\t\t\t\t<div class=\"elementor-counter-number-wrapper\">\n\t\t\t\t<span class=\"elementor-counter-number-prefix\"><\/span>\n\t\t\t\t<span class=\"elementor-counter-number\" data-duration=\"2000\" data-to-value=\"251\" data-from-value=\"0\" data-delimiter=\",\">0<\/span>\n\t\t\t\t<span class=\"elementor-counter-number-suffix\"><\/span>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4f90d82 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"4f90d82\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d3af636 elementor-widget elementor-widget-text-editor\" data-id=\"d3af636\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<div style=\"padding: 0 24px; min-height: 150px;\"><p style=\"font-family: Montserrat; font-size: 9px; font-weight: 600; color: #9b9b9b; letter-spacing: 2px; text-transform: uppercase; margin: 0 0 4px;\">KEY INSIGHTS #1<\/p><p style=\"font-family: Montserrat; font-size: 14px; font-weight: 600; color: #00367c; margin: 0 0 8px;\">Non-cyclical healthcare demand supports earnings resilience.<\/p><p style=\"font-family: Montserrat; font-size: 13px; color: #555555; line-height: 1.7; margin: 0;\">Healthcare demand is less economically sensitive than discretionary consumption, making Johnson &amp; Johnson relatively defensive in a high-interest-rate environment. Ageing populations, rising treatment intensity and continued demand for innovative medicines and medical procedures provide structural growth, while the company\u2019s mix of pharmaceuticals and MedTech reduces reliance on any single end market.<\/p><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6f30832 elementor-widget elementor-widget-text-editor\" data-id=\"6f30832\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<div style=\"padding: 0 24px; min-height: 150px;\"><p style=\"font-family: Montserrat; font-size: 9px; font-weight: 600; color: #9b9b9b; letter-spacing: 2px; text-transform: uppercase; margin: 0 0 4px;\">KEY INSIGHTS #2<\/p><p style=\"font-family: Montserrat; font-size: 14px; font-weight: 600; color: #00367c; margin: 0 0 8px;\">Innovative medicines and cardiovascular devices sustain above-market growth.<\/p><p style=\"font-family: Montserrat; font-size: 13px; color: #555555; line-height: 1.7; margin: 0;\">Johnson &amp; Johnson\u2019s 2Q26 sales rose 6.6% YoY to US$25.3bn, driven by continued strength in oncology products including DARZALEX, CARVYKTI, TECVAYLI and RYBREVANT, while MedTech operational sales grew 3.6%, supported by cardiovascular products including electrophysiology and Shockwave. This combination of high-growth innovative medicines and expanding cardiovascular technologies gives J&amp;J a stronger growth profile than a traditional defensive healthcare stock.<\/p><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-40fa54e e-con e-atomic-element e-flexbox-base e-default-div e-598d4b8 \" data-id=\"40fa54e\" data-element_type=\"e-flexbox\" data-e-type=\"e-flexbox\" data-interaction-id=\"40fa54e\" data-e-type=\"e-flexbox\" data-id=\"40fa54e\">\n    \t\t\t<p class=\"e-e7c0fa7-838f7d2 e-paragraph-base e-default-p\" data-interaction-id=\"e7c0fa7\" data-e-type=\"widget\" data-id=\"e7c0fa7\"><a target=\"_self\" href=\"#top\">^ Back to Top<\/a><\/p>\n\t\t\n<\/div>\n<div class=\"elementor-element elementor-element-696387b9 e-flex e-con-boxed e-con e-parent\" data-id=\"696387b9\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-772410f1 e-con-full e-flex e-con e-child\" data-id=\"772410f1\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6bfbb43d elementor-invisible elementor-widget elementor-widget-heading\" data-id=\"6bfbb43d\" data-element_type=\"widget\" data-e-type=\"widget\" id=\"td\" data-settings=\"{&quot;_animation&quot;:&quot;fadeInUp&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Trading Dashboard<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-1b62b7b e-flex e-con-boxed e-con e-parent\" data-id=\"1b62b7b\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-a3b1f75 e-con-full animated-slow e-flex elementor-invisible e-con e-child\" data-id=\"a3b1f75\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;animation&quot;:&quot;fadeInUp&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6f6e807 elementor-widget elementor-widget-heading\" data-id=\"6f6e807\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">TAKE PROFIT<\/h5>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d417364 elementor-widget elementor-widget-text-editor\" data-id=\"d417364\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<div style=\"padding: 20px;\"><p style=\"font-family: Montserrat; font-size: 10px; font-weight: 600; color: #9b9b9b; letter-spacing: 2px; text-transform: uppercase; margin: 0 0 12px;\">STOCKS<\/p><p>&#8211;<\/p><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-27dc159 e-con-full animated-slow e-flex elementor-invisible e-con e-child\" data-id=\"27dc159\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;animation&quot;:&quot;fadeInUp&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3ebf05c elementor-widget elementor-widget-heading\" data-id=\"3ebf05c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">ADD<\/h5>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c71b973 elementor-widget elementor-widget-text-editor\" data-id=\"c71b973\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<div style=\"padding: 20px;\"><p style=\"font-family: Montserrat; font-size: 10px; font-weight: 600; color: #9b9b9b; letter-spacing: 2px; text-transform: uppercase; margin: 0 0 12px;\">STOCKS<\/p><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"28\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"2\" data-aria-level=\"1\">Aac Technologies Holdings Inc (2018 HK) at HK$40<\/li><\/ul><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-8d7f275 e-con-full animated-slow e-flex elementor-invisible e-con e-child\" data-id=\"8d7f275\" data-element_type=\"container\" 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HK$386<\/li><\/ul><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-28548398 e-con e-atomic-element e-flexbox-base e-default-div e-28548398-b58b0fe \" data-id=\"28548398\" data-element_type=\"e-flexbox\" data-e-type=\"e-flexbox\" data-interaction-id=\"28548398\" data-e-type=\"e-flexbox\" data-id=\"28548398\">\n    \t\t<div class=\"elementor-element elementor-element-2228019c elementor-invisible elementor-widget elementor-widget-image\" data-id=\"2228019c\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeInUp&quot;}\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"650\" height=\"594\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2026\/09\/td.png?wsr\" class=\"attachment-full size-full wp-image-94588\" alt=\"\" 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Performance UNITED STATES HONG KONG ^ Back to Top Singapore RE-ITERATE BUY FHH SP Foundation Healthcare Holdings Specialist consolidation, margin recovery, and post-IPO rerating potential ENTRY 0 TARGET 0 STOP LOSS 0 KEY INSIGHTS #1 Singapore\u2019s fragmented private specialist [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"elementor_header_footer","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-94572","post","type-post","status-publish","format-standard","hentry","category-kgi-daily-trading-ideas"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 5.0.2.1 - aioseo.com -->\n\t<meta name=\"description\" content=\"TRADING IDEAS Our Top Picks Today: Stocks | 18 September 2026 SECTOR PERFORMANCE | SINGAPORE | HONG KONG | UNITED STATES | TRADING DASHBOARD Sector Performance UNITED STATES HONG KONG ^ Back to Top Singapore RE-ITERATE BUY FHH 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