- Sell HK property stocks on Trump win, says US$13 bil manager .
Investors should dump Hong Kong real estate stocks if Donald Trump wins the US presidential election in November, according to a Dutch pension fund manager who oversees almost US$13.5 billion ($18.3 billion) of property equities globally.
- UOB offers customers instant new digital credit cards on smartphones .
SINGAPORE (Sept 13): United Overseas Bank, which owns the largest credit card market share in Singapore, has introduced a way for digital credit cards to be issued to the smartphones of existing customers within minutes.
By giving customers almost instant access to new cards, this will make it easier for them to take advantage of card-specific discounts and promotions.
In addition, customers can also ask for an instant replacement if they misplace the cards.
- China’s car sales boost is positive for Memtech .
OCBC Investment Research is maintaining its “hold” call on Memtech International with an unchanged fair value estimate of 48 cents.
Memtech is a components solutions provider for the mobile phone, IT equipment and automotive industries.
Although Memtech’s automobile segment stands to see revenue upside from higher China passenger car sales, its consumer electronics and telecommunications segments faces challenges.
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