Singapore’s top banks are reporting earnings this week. Here’s what to expect_老虎社区_美港股上老虎

Singapore’s top banks are reporting earnings this week. Here’s what to expect

CNBC2021-08-03

KEY POINTS Singapore’s three largest banks are due to report second-quarter earnings this week. Oversea-Chinese Banking Corp and United Overseas Bank will report earnings on Wednesday, while DBS ...

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267

Tenten
·2021-08-03
Fly
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hpt
·2021-08-03
Pls like
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6
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- CW8:
  Liked
  2021-08-03
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- Tenten:
  Good
  2021-08-03
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- JeremyKok:
  hi. please like and comment back. thank you.
  2021-08-07
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Eddie318
·2021-08-03
This is good news indeed.
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money2me
·2021-08-03
HUAT BIG BIG 🚀🚀🚀
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3
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SherryVJ
·2021-08-03
Investors 🙄
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3
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EugeneKopi
·2021-08-03
to see dividend payout
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7
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GreenMan123
·2021-08-03
As a financial hub in the region.. these local 3 bank is the pilar of singapore ecomomy.. !! Stable and worth to hold for long term.
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7
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HHTan
·2021-08-03
Please like. Thanks
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8
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- TTH4Legs:
  
  Done
  2021-08-03
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Cosmiclatte
·2021-08-03
Expect a bull run with the current dividend lift!!!!
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6
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- Fenixa:
  Hope they will announce special dividends.
  2021-08-03
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RayRay1999
·2021-08-03
Let's see
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2
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JeremyChuax
·2021-08-03
DBS all the way👍
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3
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- koolgal:
  💸💸💸
  2021-08-06
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Starbucks
·2021-08-03
But the dips and hold! Hope for increased dividend! [Call] [Call] [Miser] [Miser]
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7
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- Starbucks:
  Go $Tesla Motors(TSLA)$ [Miser][Miser]
  2021-09-14
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- Teslawonder:
  pls like and comment my tesla post for coin
  2021-09-14
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- koolgal:
  Excellent strategy. I am in total agreement 😊
  2021-08-19
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SanWangtikup
·2021-08-03
Time to buy
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3
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- Starbucks:
  Yes! Buy buy buy! [Miser][Miser]
  2021-08-03
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SanWangtikup
·2021-08-03
Tell me your opinion about this news...
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KeN3
·2021-08-03
Is it over priced now to enter the market?
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4
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- Foxie:
  Buy and holdDdd
  2021-08-03
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小虎一飞冲天
·2021-08-03
Like pls. Thanks. 🙏🏼
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4
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K20
·2021-08-03
Good!
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2
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oneplus374
·2021-08-03
please like!
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5
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- jingshen:
  done
  2021-08-03
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hiton
·2021-08-03
Today fall .. hmmm
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6
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hlw8888
·2021-08-03
surge up on results day or sell on results? [疑问]
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3
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Here’s what to expect","media":"CNBC","content":"<div>\n<p>KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOversea-Chinese Banking Corp and United Overseas Bank will report earnings on Wednesday, while DBS ...</p>\n\n<a href=\"https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html\">网页链接</a>\n\n</div>\n","source":"cnbc_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore’s top banks are reporting earnings this week. 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Here’s what to expect\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-03 10:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOversea-Chinese Banking Corp and United Overseas Bank will report earnings on Wednesday, while DBS ...</p>\n\n<a href=\"https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"O39.SI","symbol_name":"华侨银行","start_time":0,"source_url":"https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html","article_id":"1121927855","we_media_id":null,"thumbnails":[],"rights":{"source":"cnbc_highlight","url":"https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html","rn_cache_url":null,"customStyle":"body{padding-top:10px;}.ArticleHeader-headline{#titleStyle#}a{#lv2TextColor#}.ArticleHeader-time, .Author-authorNameAndSocial a{#sourceStyle#;}","selectors":".PageBuilder-pageWrapper","filters":".ArticleHeader-eyebrow, .RelatedTags-relatedTags","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=1121927855","pubTimestamp":1627957618,"sourceInfo":{"source_id":"cnbc_highlight","name":"CNBC"},"weMediaInfo":null,"summary":"KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOve","collect":0,"end_time":0,"defaultTopTitle":"cnbc.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"O39.SI":"华侨银行","U11.SI":"大华银行","D05.SI":"星展集团控股"},"translate_title":"新加坡顶级银行本周公布了收益。以下是期待的","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"D05.SI":0.9,"O39.SI":0.9,"U11.SI":0.9},"content_text":"KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOversea-Chinese Banking Corp and United Overseas Bank will report earnings on Wednesday, while DBS Group Holdings will do so on Thursday.\nInvestors will be watching for any announcements on dividend payments, after the Monetary Authority of Singapore said it will not extend restrictions on bank dividends.\n\nSINGAPORE — Singapore’s top three banks are due to report second-quarter earnings this week, and investors will be watching for any announcements on dividend payments.\nOVERSEA-CHINESE BANKING CORP and UNITED OVERSEAS BANK LIMITED will report earnings on Wednesday, while the country’s largest bank DBS GROUP HOLDINGS LTD will do so on Thursday.\nHere’s what analysts are expecting from the banks’ financial report cards, according to estimates compiled by Refinitiv:\nEARNINGS ESTIMATES FOR SINGAPORE BANKSSOURSE: REFINITIV\n\n\n\nBANK\nQ2 NET INCOME\nYEAR-ON-YEAR CHANGE\n\n\n\n\nDBS\nSGD 1.42 billion\n+ 14.2%\n\n\nOCBC\nSGD 1.12 billion\n+ 53.4%\n\n\nUOB\nSGD 948.05 million\n+ 34.9%\n\n\n\n\nThe earnings reports come as Singapore reports a renewed increase in daily Covid-19 infections. Stricter social-distancing measures imposed in early-May led to a2% economic contractionin the second quarter compared to the previous three months, according to official advance estimates.\nGiven the continued threat of Covid — particularly the delta variant — on the economy, Singapore banks would likely keep provisions that they have set aside for potential loan losses, analysts said.\n“We do not believe banks will write back general provisions amidst the uncertain macroeconomic outlook,” said Rui Wen Lim, an equity analyst at DBS Group Research.\nSome banks in the U.S. and Europe have started releasing provisions in the second quarter, which helped boost their profitability. HSBC Holdings PLC on Monday saidit released a net $719 million, thanks largely to a better economic outlook.\nDividend payouts\nShares of all three Singapore-listed banks have recorded double-digit gains this year as the global economic rebound from a pandemic-induced recession led investors favor to “cyclical” stocks.\nMarkets or stocks that are “cyclical” rise and fall in conjunction with fluctuations of the economy.\nOCBC shares have risen 22.3% this year as of Monday — the largest gains among the banking trio. DBS and UOB have jumped by 21.3% and 15.7%, respectively. All three banks beat the benchmark’sStraits Times Index’s11.2% gain so far this year.\nAnalysts said the shares could get a further boost from higher-than-expected dividends.\nSingapore’s financial regulator, Monetary Authority of Singapore, said last week itwill not extend restrictions on bank dividend payments. Last year, MAS urged banks to cap dividends given the economic uncertainties during the Covid-19 pandemic.\nKrishna Guha, equity analyst from investment bank Jefferies, said the MAS announcement was a surprise.\n“We had expected caps to be lifted in phases. As such, complete re-instatement is a positive surprise,” Guha wrote in a report last week. He predicted that the three banks would raise dividends at least to pre-pandemic levels this year.\nJefferies has a “buy” rating on all three Singapore banks.","kind":null,"is_publish_news":false,"is_publish_highlight":false,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":804715164,"gmtCreate":1627980080758,"gmtModify":1631891544366,"author":{"id":"3586686286785362","authorId":"3586686286785362","name":"Tenten","avatar":"https://static.tigerbbs.com/6aaa492013925eb5bfe2cb43461ebfe4","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"Fly","listText":"Fly","text":"Fly","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/804715164","repostId":1121927855,"repostType":4,"repost":{"id":"1121927855","pubTimestamp":1627957618,"share":"https://www.laohu8.com/m/news/1121927855?lang=&edition=full","pubTime":"2021-08-03 10:26","market":"sg","language":"en","title":"Singapore’s top banks are reporting earnings this week. Here’s what to expect","url":"https://stock-news.laohu8.com/highlight/detail?id=1121927855","media":"CNBC","summary":"KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOve","content":"<div>\n<p>KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOversea-Chinese Banking Corp and United Overseas Bank will report earnings on Wednesday, while DBS ...</p>\n\n<a href=\"https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore’s top banks are reporting earnings this week. Here’s what to expect</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore’s top banks are reporting earnings this week. Here’s what to expect\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-03 10:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOversea-Chinese Banking Corp and United Overseas Bank will report earnings on Wednesday, while DBS ...</p>\n\n<a href=\"https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"U11.SI":"大华银行","D05.SI":"星展集团控股","O39.SI":"华侨银行"},"source_url":"https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1121927855","content_text":"KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOversea-Chinese Banking Corp and United Overseas Bank will report earnings on Wednesday, while DBS Group Holdings will do so on Thursday.\nInvestors will be watching for any announcements on dividend payments, after the Monetary Authority of Singapore said it will not extend restrictions on bank dividends.\n\nSINGAPORE — Singapore’s top three banks are due to report second-quarter earnings this week, and investors will be watching for any announcements on dividend payments.\nOVERSEA-CHINESE BANKING CORP and UNITED OVERSEAS BANK LIMITED will report earnings on Wednesday, while the country’s largest bank DBS GROUP HOLDINGS LTD will do so on Thursday.\nHere’s what analysts are expecting from the banks’ financial report cards, according to estimates compiled by Refinitiv:\nEARNINGS ESTIMATES FOR SINGAPORE BANKSSOURSE: REFINITIV\n\n\n\nBANK\nQ2 NET INCOME\nYEAR-ON-YEAR CHANGE\n\n\n\n\nDBS\nSGD 1.42 billion\n+ 14.2%\n\n\nOCBC\nSGD 1.12 billion\n+ 53.4%\n\n\nUOB\nSGD 948.05 million\n+ 34.9%\n\n\n\n\nThe earnings reports come as Singapore reports a renewed increase in daily Covid-19 infections. Stricter social-distancing measures imposed in early-May led to a2% economic contractionin the second quarter compared to the previous three months, according to official advance estimates.\nGiven the continued threat of Covid — particularly the delta variant — on the economy, Singapore banks would likely keep provisions that they have set aside for potential loan losses, analysts said.\n“We do not believe banks will write back general provisions amidst the uncertain macroeconomic outlook,” said Rui Wen Lim, an equity analyst at DBS Group Research.\nSome banks in the U.S. and Europe have started releasing provisions in the second quarter, which helped boost their profitability. HSBC Holdings PLC on Monday saidit released a net $719 million, thanks largely to a better economic outlook.\nDividend payouts\nShares of all three Singapore-listed banks have recorded double-digit gains this year as the global economic rebound from a pandemic-induced recession led investors favor to “cyclical” stocks.\nMarkets or stocks that are “cyclical” rise and fall in conjunction with fluctuations of the economy.\nOCBC shares have risen 22.3% this year as of Monday — the largest gains among the banking trio. DBS and UOB have jumped by 21.3% and 15.7%, respectively. All three banks beat the benchmark’sStraits Times Index’s11.2% gain so far this year.\nAnalysts said the shares could get a further boost from higher-than-expected dividends.\nSingapore’s financial regulator, Monetary Authority of Singapore, said last week itwill not extend restrictions on bank dividend payments. Last year, MAS urged banks to cap dividends given the economic uncertainties during the Covid-19 pandemic.\nKrishna Guha, equity analyst from investment bank Jefferies, said the MAS announcement was a surprise.\n“We had expected caps to be lifted in phases. As such, complete re-instatement is a positive surprise,” Guha wrote in a report last week. He predicted that the three banks would raise dividends at least to pre-pandemic levels this year.\nJefferies has a “buy” rating on all three Singapore banks.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":804451589,"gmtCreate":1627974640441,"gmtModify":1633754725170,"author":{"id":"3579759306103275","authorId":"3579759306103275","name":"hpt","avatar":"https://static.tigerbbs.com/986ef7c951112f7be64cfd5d6c1672c5","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"Pls like","listText":"Pls like","text":"Pls like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/804451589","repostId":1121927855,"repostType":4,"repost":{"id":"1121927855","pubTimestamp":1627957618,"share":"https://www.laohu8.com/m/news/1121927855?lang=&edition=full","pubTime":"2021-08-03 10:26","market":"sg","language":"en","title":"Singapore’s top banks are reporting earnings this week. Here’s what to expect","url":"https://stock-news.laohu8.com/highlight/detail?id=1121927855","media":"CNBC","summary":"KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOve","content":"<div>\n<p>KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOversea-Chinese Banking Corp and United Overseas Bank will report earnings on Wednesday, while DBS ...</p>\n\n<a href=\"https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore’s top banks are reporting earnings this week. Here’s what to expect</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore’s top banks are reporting earnings this week. Here’s what to expect\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-03 10:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOversea-Chinese Banking Corp and United Overseas Bank will report earnings on Wednesday, while DBS ...</p>\n\n<a href=\"https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"U11.SI":"大华银行","D05.SI":"星展集团控股","O39.SI":"华侨银行"},"source_url":"https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1121927855","content_text":"KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOversea-Chinese Banking Corp and United Overseas Bank will report earnings on Wednesday, while DBS Group Holdings will do so on Thursday.\nInvestors will be watching for any announcements on dividend payments, after the Monetary Authority of Singapore said it will not extend restrictions on bank dividends.\n\nSINGAPORE — Singapore’s top three banks are due to report second-quarter earnings this week, and investors will be watching for any announcements on dividend payments.\nOVERSEA-CHINESE BANKING CORP and UNITED OVERSEAS BANK LIMITED will report earnings on Wednesday, while the country’s largest bank DBS GROUP HOLDINGS LTD will do so on Thursday.\nHere’s what analysts are expecting from the banks’ financial report cards, according to estimates compiled by Refinitiv:\nEARNINGS ESTIMATES FOR SINGAPORE BANKSSOURSE: REFINITIV\n\n\n\nBANK\nQ2 NET INCOME\nYEAR-ON-YEAR CHANGE\n\n\n\n\nDBS\nSGD 1.42 billion\n+ 14.2%\n\n\nOCBC\nSGD 1.12 billion\n+ 53.4%\n\n\nUOB\nSGD 948.05 million\n+ 34.9%\n\n\n\n\nThe earnings reports come as Singapore reports a renewed increase in daily Covid-19 infections. Stricter social-distancing measures imposed in early-May led to a2% economic contractionin the second quarter compared to the previous three months, according to official advance estimates.\nGiven the continued threat of Covid — particularly the delta variant — on the economy, Singapore banks would likely keep provisions that they have set aside for potential loan losses, analysts said.\n“We do not believe banks will write back general provisions amidst the uncertain macroeconomic outlook,” said Rui Wen Lim, an equity analyst at DBS Group Research.\nSome banks in the U.S. and Europe have started releasing provisions in the second quarter, which helped boost their profitability. HSBC Holdings PLC on Monday saidit released a net $719 million, thanks largely to a better economic outlook.\nDividend payouts\nShares of all three Singapore-listed banks have recorded double-digit gains this year as the global economic rebound from a pandemic-induced recession led investors favor to “cyclical” stocks.\nMarkets or stocks that are “cyclical” rise and fall in conjunction with fluctuations of the economy.\nOCBC shares have risen 22.3% this year as of Monday — the largest gains among the banking trio. DBS and UOB have jumped by 21.3% and 15.7%, respectively. All three banks beat the benchmark’sStraits Times Index’s11.2% gain so far this year.\nAnalysts said the shares could get a further boost from higher-than-expected dividends.\nSingapore’s financial regulator, Monetary Authority of Singapore, said last week itwill not extend restrictions on bank dividend payments. Last year, MAS urged banks to cap dividends given the economic uncertainties during the Covid-19 pandemic.\nKrishna Guha, equity analyst from investment bank Jefferies, said the MAS announcement was a surprise.\n“We had expected caps to be lifted in phases. As such, complete re-instatement is a positive surprise,” Guha wrote in a report last week. He predicted that the three banks would raise dividends at least to pre-pandemic levels this year.\nJefferies has a “buy” rating on all three Singapore banks.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5412555,"gmtCreate":1627978641670,"gmtModify":1635161231173,"authorId":3578367364626693,"author":{"id":3578367364626693,"authorId":3578367364626693,"name":"CW8","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":804451589,"type":1,"supId":0,"prevId":0,"content":"<u>Liked</u>","text":"<u>Liked</u>","html":"<u>Liked</u>"},{"id":5412773,"gmtCreate":1627980066185,"gmtModify":1635161218713,"authorId":3586686286785362,"author":{"id":3586686286785362,"authorId":3586686286785362,"name":"Tenten","avatar":"https://static.tigerbbs.com/6aaa492013925eb5bfe2cb43461ebfe4","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":804451589,"type":1,"supId":0,"prevId":0,"content":"Good","text":"Good","html":"Good"},{"id":5450476,"gmtCreate":1628291153213,"gmtModify":1635158201462,"authorId":3567307840510045,"author":{"id":3567307840510045,"authorId":3567307840510045,"name":"JeremyKok","avatar":"https://static.tigerbbs.com/01b03a485f83b6b2615fad8ac9b87bf4","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":804451589,"type":1,"supId":0,"prevId":0,"content":"hi. please like and comment back. thank you.","text":"hi. please like and comment back. thank you.","html":"hi. please like and comment back. thank you."}],"langContent":"EN"},{"id":804427209,"gmtCreate":1627974328301,"gmtModify":1631884910320,"author":{"id":"3575110265749823","authorId":"3575110265749823","name":"Eddie318","avatar":"https://static.tigerbbs.com/64935bcbea3cb0f19632a043b5c4f663","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"This is good news indeed.","listText":"This is good news indeed.","text":"This is good news indeed.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/804427209","repostId":1121927855,"repostType":4,"repost":{"id":"1121927855","pubTimestamp":1627957618,"share":"https://www.laohu8.com/m/news/1121927855?lang=&edition=full","pubTime":"2021-08-03 10:26","market":"sg","language":"en","title":"Singapore’s top banks are reporting earnings this week. Here’s what to expect","url":"https://stock-news.laohu8.com/highlight/detail?id=1121927855","media":"CNBC","summary":"KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOve","content":"<div>\n<p>KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOversea-Chinese Banking Corp and United Overseas Bank will report earnings on Wednesday, while DBS ...</p>\n\n<a href=\"https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore’s top banks are reporting earnings this week. Here’s what to expect</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore’s top banks are reporting earnings this week. Here’s what to expect\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-03 10:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOversea-Chinese Banking Corp and United Overseas Bank will report earnings on Wednesday, while DBS ...</p>\n\n<a href=\"https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"U11.SI":"大华银行","D05.SI":"星展集团控股","O39.SI":"华侨银行"},"source_url":"https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1121927855","content_text":"KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOversea-Chinese Banking Corp and United Overseas Bank will report earnings on Wednesday, while DBS Group Holdings will do so on Thursday.\nInvestors will be watching for any announcements on dividend payments, after the Monetary Authority of Singapore said it will not extend restrictions on bank dividends.\n\nSINGAPORE — Singapore’s top three banks are due to report second-quarter earnings this week, and investors will be watching for any announcements on dividend payments.\nOVERSEA-CHINESE BANKING CORP and UNITED OVERSEAS BANK LIMITED will report earnings on Wednesday, while the country’s largest bank DBS GROUP HOLDINGS LTD will do so on Thursday.\nHere’s what analysts are expecting from the banks’ financial report cards, according to estimates compiled by Refinitiv:\nEARNINGS ESTIMATES FOR SINGAPORE BANKSSOURSE: REFINITIV\n\n\n\nBANK\nQ2 NET INCOME\nYEAR-ON-YEAR CHANGE\n\n\n\n\nDBS\nSGD 1.42 billion\n+ 14.2%\n\n\nOCBC\nSGD 1.12 billion\n+ 53.4%\n\n\nUOB\nSGD 948.05 million\n+ 34.9%\n\n\n\n\nThe earnings reports come as Singapore reports a renewed increase in daily Covid-19 infections. Stricter social-distancing measures imposed in early-May led to a2% economic contractionin the second quarter compared to the previous three months, according to official advance estimates.\nGiven the continued threat of Covid — particularly the delta variant — on the economy, Singapore banks would likely keep provisions that they have set aside for potential loan losses, analysts said.\n“We do not believe banks will write back general provisions amidst the uncertain macroeconomic outlook,” said Rui Wen Lim, an equity analyst at DBS Group Research.\nSome banks in the U.S. and Europe have started releasing provisions in the second quarter, which helped boost their profitability. HSBC Holdings PLC on Monday saidit released a net $719 million, thanks largely to a better economic outlook.\nDividend payouts\nShares of all three Singapore-listed banks have recorded double-digit gains this year as the global economic rebound from a pandemic-induced recession led investors favor to “cyclical” stocks.\nMarkets or stocks that are “cyclical” rise and fall in conjunction with fluctuations of the economy.\nOCBC shares have risen 22.3% this year as of Monday — the largest gains among the banking trio. DBS and UOB have jumped by 21.3% and 15.7%, respectively. All three banks beat the benchmark’sStraits Times Index’s11.2% gain so far this year.\nAnalysts said the shares could get a further boost from higher-than-expected dividends.\nSingapore’s financial regulator, Monetary Authority of Singapore, said last week itwill not extend restrictions on bank dividend payments. Last year, MAS urged banks to cap dividends given the economic uncertainties during the Covid-19 pandemic.\nKrishna Guha, equity analyst from investment bank Jefferies, said the MAS announcement was a surprise.\n“We had expected caps to be lifted in phases. As such, complete re-instatement is a positive surprise,” Guha wrote in a report last week. He predicted that the three banks would raise dividends at least to pre-pandemic levels this year.\nJefferies has a “buy” rating on all three Singapore banks.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":804546583,"gmtCreate":1627967811342,"gmtModify":1633754772864,"author":{"id":"4087908883537940","authorId":"4087908883537940","name":"money2me","avatar":"https://static.tigerbbs.com/24ba16178b7eb0b1f8e861f82940dd5e","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"HUAT BIG BIG 🚀🚀🚀","listText":"HUAT BIG BIG 🚀🚀🚀","text":"HUAT BIG BIG 🚀🚀🚀","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/804546583","repostId":1121927855,"repostType":4,"repost":{"id":"1121927855","pubTimestamp":1627957618,"share":"https://www.laohu8.com/m/news/1121927855?lang=&edition=full","pubTime":"2021-08-03 10:26","market":"sg","language":"en","title":"Singapore’s top banks are reporting earnings this week. Here’s what to expect","url":"https://stock-news.laohu8.com/highlight/detail?id=1121927855","media":"CNBC","summary":"KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOve","content":"<div>\n<p>KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOversea-Chinese Banking Corp and United Overseas Bank will report earnings on Wednesday, while DBS ...</p>\n\n<a href=\"https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore’s top banks are reporting earnings this week. Here’s what to expect</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore’s top banks are reporting earnings this week. Here’s what to expect\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-03 10:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOversea-Chinese Banking Corp and United Overseas Bank will report earnings on Wednesday, while DBS ...</p>\n\n<a href=\"https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"U11.SI":"大华银行","D05.SI":"星展集团控股","O39.SI":"华侨银行"},"source_url":"https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1121927855","content_text":"KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOversea-Chinese Banking Corp and United Overseas Bank will report earnings on Wednesday, while DBS Group Holdings will do so on Thursday.\nInvestors will be watching for any announcements on dividend payments, after the Monetary Authority of Singapore said it will not extend restrictions on bank dividends.\n\nSINGAPORE — Singapore’s top three banks are due to report second-quarter earnings this week, and investors will be watching for any announcements on dividend payments.\nOVERSEA-CHINESE BANKING CORP and UNITED OVERSEAS BANK LIMITED will report earnings on Wednesday, while the country’s largest bank DBS GROUP HOLDINGS LTD will do so on Thursday.\nHere’s what analysts are expecting from the banks’ financial report cards, according to estimates compiled by Refinitiv:\nEARNINGS ESTIMATES FOR SINGAPORE BANKSSOURSE: REFINITIV\n\n\n\nBANK\nQ2 NET INCOME\nYEAR-ON-YEAR CHANGE\n\n\n\n\nDBS\nSGD 1.42 billion\n+ 14.2%\n\n\nOCBC\nSGD 1.12 billion\n+ 53.4%\n\n\nUOB\nSGD 948.05 million\n+ 34.9%\n\n\n\n\nThe earnings reports come as Singapore reports a renewed increase in daily Covid-19 infections. Stricter social-distancing measures imposed in early-May led to a2% economic contractionin the second quarter compared to the previous three months, according to official advance estimates.\nGiven the continued threat of Covid — particularly the delta variant — on the economy, Singapore banks would likely keep provisions that they have set aside for potential loan losses, analysts said.\n“We do not believe banks will write back general provisions amidst the uncertain macroeconomic outlook,” said Rui Wen Lim, an equity analyst at DBS Group Research.\nSome banks in the U.S. and Europe have started releasing provisions in the second quarter, which helped boost their profitability. HSBC Holdings PLC on Monday saidit released a net $719 million, thanks largely to a better economic outlook.\nDividend payouts\nShares of all three Singapore-listed banks have recorded double-digit gains this year as the global economic rebound from a pandemic-induced recession led investors favor to “cyclical” stocks.\nMarkets or stocks that are “cyclical” rise and fall in conjunction with fluctuations of the economy.\nOCBC shares have risen 22.3% this year as of Monday — the largest gains among the banking trio. DBS and UOB have jumped by 21.3% and 15.7%, respectively. All three banks beat the benchmark’sStraits Times Index’s11.2% gain so far this year.\nAnalysts said the shares could get a further boost from higher-than-expected dividends.\nSingapore’s financial regulator, Monetary Authority of Singapore, said last week itwill not extend restrictions on bank dividend payments. Last year, MAS urged banks to cap dividends given the economic uncertainties during the Covid-19 pandemic.\nKrishna Guha, equity analyst from investment bank Jefferies, said the MAS announcement was a surprise.\n“We had expected caps to be lifted in phases. As such, complete re-instatement is a positive surprise,” Guha wrote in a report last week. He predicted that the three banks would raise dividends at least to pre-pandemic levels this year.\nJefferies has a “buy” rating on all three Singapore banks.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":804556292,"gmtCreate":1627967042016,"gmtModify":1631884310579,"author":{"id":"3586426326873853","authorId":"3586426326873853","name":"SherryVJ","avatar":"https://static.tigerbbs.com/880c2c0540d75affbc88b2abb02e579b","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"Investors 🙄","listText":"Investors 🙄","text":"Investors 🙄","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/804556292","repostId":1121927855,"repostType":4,"repost":{"id":"1121927855","pubTimestamp":1627957618,"share":"https://www.laohu8.com/m/news/1121927855?lang=&edition=full","pubTime":"2021-08-03 10:26","market":"sg","language":"en","title":"Singapore’s top banks are reporting earnings this week. Here’s what to expect","url":"https://stock-news.laohu8.com/highlight/detail?id=1121927855","media":"CNBC","summary":"KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOve","content":"<div>\n<p>KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOversea-Chinese Banking Corp and United Overseas Bank will report earnings on Wednesday, while DBS ...</p>\n\n<a href=\"https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore’s top banks are reporting earnings this week. Here’s what to expect</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore’s top banks are reporting earnings this week. Here’s what to expect\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-03 10:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOversea-Chinese Banking Corp and United Overseas Bank will report earnings on Wednesday, while DBS ...</p>\n\n<a href=\"https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"U11.SI":"大华银行","D05.SI":"星展集团控股","O39.SI":"华侨银行"},"source_url":"https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1121927855","content_text":"KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOversea-Chinese Banking Corp and United Overseas Bank will report earnings on Wednesday, while DBS Group Holdings will do so on Thursday.\nInvestors will be watching for any announcements on dividend payments, after the Monetary Authority of Singapore said it will not extend restrictions on bank dividends.\n\nSINGAPORE — Singapore’s top three banks are due to report second-quarter earnings this week, and investors will be watching for any announcements on dividend payments.\nOVERSEA-CHINESE BANKING CORP and UNITED OVERSEAS BANK LIMITED will report earnings on Wednesday, while the country’s largest bank DBS GROUP HOLDINGS LTD will do so on Thursday.\nHere’s what analysts are expecting from the banks’ financial report cards, according to estimates compiled by Refinitiv:\nEARNINGS ESTIMATES FOR SINGAPORE BANKSSOURSE: REFINITIV\n\n\n\nBANK\nQ2 NET INCOME\nYEAR-ON-YEAR CHANGE\n\n\n\n\nDBS\nSGD 1.42 billion\n+ 14.2%\n\n\nOCBC\nSGD 1.12 billion\n+ 53.4%\n\n\nUOB\nSGD 948.05 million\n+ 34.9%\n\n\n\n\nThe earnings reports come as Singapore reports a renewed increase in daily Covid-19 infections. Stricter social-distancing measures imposed in early-May led to a2% economic contractionin the second quarter compared to the previous three months, according to official advance estimates.\nGiven the continued threat of Covid — particularly the delta variant — on the economy, Singapore banks would likely keep provisions that they have set aside for potential loan losses, analysts said.\n“We do not believe banks will write back general provisions amidst the uncertain macroeconomic outlook,” said Rui Wen Lim, an equity analyst at DBS Group Research.\nSome banks in the U.S. and Europe have started releasing provisions in the second quarter, which helped boost their profitability. HSBC Holdings PLC on Monday saidit released a net $719 million, thanks largely to a better economic outlook.\nDividend payouts\nShares of all three Singapore-listed banks have recorded double-digit gains this year as the global economic rebound from a pandemic-induced recession led investors favor to “cyclical” stocks.\nMarkets or stocks that are “cyclical” rise and fall in conjunction with fluctuations of the economy.\nOCBC shares have risen 22.3% this year as of Monday — the largest gains among the banking trio. DBS and UOB have jumped by 21.3% and 15.7%, respectively. All three banks beat the benchmark’sStraits Times Index’s11.2% gain so far this year.\nAnalysts said the shares could get a further boost from higher-than-expected dividends.\nSingapore’s financial regulator, Monetary Authority of Singapore, said last week itwill not extend restrictions on bank dividend payments. Last year, MAS urged banks to cap dividends given the economic uncertainties during the Covid-19 pandemic.\nKrishna Guha, equity analyst from investment bank Jefferies, said the MAS announcement was a surprise.\n“We had expected caps to be lifted in phases. As such, complete re-instatement is a positive surprise,” Guha wrote in a report last week. He predicted that the three banks would raise dividends at least to pre-pandemic levels this year.\nJefferies has a “buy” rating on all three Singapore banks.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":804525206,"gmtCreate":1627966218805,"gmtModify":1631890189611,"author":{"id":"3586945424737958","authorId":"3586945424737958","name":"EugeneKopi","avatar":"https://static.tigerbbs.com/d9e591def24847505103efa1100554f8","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"to see dividend payout&nbsp;","listText":"to see dividend payout&nbsp;","text":"to see dividend payout","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/804525206","repostId":1121927855,"repostType":4,"repost":{"id":"1121927855","pubTimestamp":1627957618,"share":"https://www.laohu8.com/m/news/1121927855?lang=&edition=full","pubTime":"2021-08-03 10:26","market":"sg","language":"en","title":"Singapore’s top banks are reporting earnings this week. Here’s what to expect","url":"https://stock-news.laohu8.com/highlight/detail?id=1121927855","media":"CNBC","summary":"KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOve","content":"<div>\n<p>KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOversea-Chinese Banking Corp and United Overseas Bank will report earnings on Wednesday, while DBS ...</p>\n\n<a href=\"https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore’s top banks are reporting earnings this week. Here’s what to expect</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore’s top banks are reporting earnings this week. Here’s what to expect\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-03 10:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOversea-Chinese Banking Corp and United Overseas Bank will report earnings on Wednesday, while DBS ...</p>\n\n<a href=\"https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"U11.SI":"大华银行","D05.SI":"星展集团控股","O39.SI":"华侨银行"},"source_url":"https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1121927855","content_text":"KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOversea-Chinese Banking Corp and United Overseas Bank will report earnings on Wednesday, while DBS Group Holdings will do so on Thursday.\nInvestors will be watching for any announcements on dividend payments, after the Monetary Authority of Singapore said it will not extend restrictions on bank dividends.\n\nSINGAPORE — Singapore’s top three banks are due to report second-quarter earnings this week, and investors will be watching for any announcements on dividend payments.\nOVERSEA-CHINESE BANKING CORP and UNITED OVERSEAS BANK LIMITED will report earnings on Wednesday, while the country’s largest bank DBS GROUP HOLDINGS LTD will do so on Thursday.\nHere’s what analysts are expecting from the banks’ financial report cards, according to estimates compiled by Refinitiv:\nEARNINGS ESTIMATES FOR SINGAPORE BANKSSOURSE: REFINITIV\n\n\n\nBANK\nQ2 NET INCOME\nYEAR-ON-YEAR CHANGE\n\n\n\n\nDBS\nSGD 1.42 billion\n+ 14.2%\n\n\nOCBC\nSGD 1.12 billion\n+ 53.4%\n\n\nUOB\nSGD 948.05 million\n+ 34.9%\n\n\n\n\nThe earnings reports come as Singapore reports a renewed increase in daily Covid-19 infections. Stricter social-distancing measures imposed in early-May led to a2% economic contractionin the second quarter compared to the previous three months, according to official advance estimates.\nGiven the continued threat of Covid — particularly the delta variant — on the economy, Singapore banks would likely keep provisions that they have set aside for potential loan losses, analysts said.\n“We do not believe banks will write back general provisions amidst the uncertain macroeconomic outlook,” said Rui Wen Lim, an equity analyst at DBS Group Research.\nSome banks in the U.S. and Europe have started releasing provisions in the second quarter, which helped boost their profitability. HSBC Holdings PLC on Monday saidit released a net $719 million, thanks largely to a better economic outlook.\nDividend payouts\nShares of all three Singapore-listed banks have recorded double-digit gains this year as the global economic rebound from a pandemic-induced recession led investors favor to “cyclical” stocks.\nMarkets or stocks that are “cyclical” rise and fall in conjunction with fluctuations of the economy.\nOCBC shares have risen 22.3% this year as of Monday — the largest gains among the banking trio. DBS and UOB have jumped by 21.3% and 15.7%, respectively. All three banks beat the benchmark’sStraits Times Index’s11.2% gain so far this year.\nAnalysts said the shares could get a further boost from higher-than-expected dividends.\nSingapore’s financial regulator, Monetary Authority of Singapore, said last week itwill not extend restrictions on bank dividend payments. Last year, MAS urged banks to cap dividends given the economic uncertainties during the Covid-19 pandemic.\nKrishna Guha, equity analyst from investment bank Jefferies, said the MAS announcement was a surprise.\n“We had expected caps to be lifted in phases. As such, complete re-instatement is a positive surprise,” Guha wrote in a report last week. He predicted that the three banks would raise dividends at least to pre-pandemic levels this year.\nJefferies has a “buy” rating on all three Singapore banks.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":804528833,"gmtCreate":1627966023722,"gmtModify":1633754787148,"author":{"id":"4087728163353730","authorId":"4087728163353730","name":"GreenMan123","avatar":"https://static.tigerbbs.com/7102402af7cf840858ba718620b4eb3c","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"As a financial hub in the region.. these local 3 bank is the pilar of singapore ecomomy.. !! Stable and worth to hold for long term.&nbsp;","listText":"As a financial hub in the region.. these local 3 bank is the pilar of singapore ecomomy.. !! Stable and worth to hold for long term.&nbsp;","text":"As a financial hub in the region.. these local 3 bank is the pilar of singapore ecomomy.. !! Stable and worth to hold for long term.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/804528833","repostId":1121927855,"repostType":4,"repost":{"id":"1121927855","pubTimestamp":1627957618,"share":"https://www.laohu8.com/m/news/1121927855?lang=&edition=full","pubTime":"2021-08-03 10:26","market":"sg","language":"en","title":"Singapore’s top banks are reporting earnings this week. Here’s what to expect","url":"https://stock-news.laohu8.com/highlight/detail?id=1121927855","media":"CNBC","summary":"KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOve","content":"<div>\n<p>KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOversea-Chinese Banking Corp and United Overseas Bank will report earnings on Wednesday, while DBS ...</p>\n\n<a href=\"https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore’s top banks are reporting earnings this week. Here’s what to expect</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore’s top banks are reporting earnings this week. Here’s what to expect\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-03 10:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOversea-Chinese Banking Corp and United Overseas Bank will report earnings on Wednesday, while DBS ...</p>\n\n<a href=\"https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"U11.SI":"大华银行","D05.SI":"星展集团控股","O39.SI":"华侨银行"},"source_url":"https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1121927855","content_text":"KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOversea-Chinese Banking Corp and United Overseas Bank will report earnings on Wednesday, while DBS Group Holdings will do so on Thursday.\nInvestors will be watching for any announcements on dividend payments, after the Monetary Authority of Singapore said it will not extend restrictions on bank dividends.\n\nSINGAPORE — Singapore’s top three banks are due to report second-quarter earnings this week, and investors will be watching for any announcements on dividend payments.\nOVERSEA-CHINESE BANKING CORP and UNITED OVERSEAS BANK LIMITED will report earnings on Wednesday, while the country’s largest bank DBS GROUP HOLDINGS LTD will do so on Thursday.\nHere’s what analysts are expecting from the banks’ financial report cards, according to estimates compiled by Refinitiv:\nEARNINGS ESTIMATES FOR SINGAPORE BANKSSOURSE: REFINITIV\n\n\n\nBANK\nQ2 NET INCOME\nYEAR-ON-YEAR CHANGE\n\n\n\n\nDBS\nSGD 1.42 billion\n+ 14.2%\n\n\nOCBC\nSGD 1.12 billion\n+ 53.4%\n\n\nUOB\nSGD 948.05 million\n+ 34.9%\n\n\n\n\nThe earnings reports come as Singapore reports a renewed increase in daily Covid-19 infections. Stricter social-distancing measures imposed in early-May led to a2% economic contractionin the second quarter compared to the previous three months, according to official advance estimates.\nGiven the continued threat of Covid — particularly the delta variant — on the economy, Singapore banks would likely keep provisions that they have set aside for potential loan losses, analysts said.\n“We do not believe banks will write back general provisions amidst the uncertain macroeconomic outlook,” said Rui Wen Lim, an equity analyst at DBS Group Research.\nSome banks in the U.S. and Europe have started releasing provisions in the second quarter, which helped boost their profitability. HSBC Holdings PLC on Monday saidit released a net $719 million, thanks largely to a better economic outlook.\nDividend payouts\nShares of all three Singapore-listed banks have recorded double-digit gains this year as the global economic rebound from a pandemic-induced recession led investors favor to “cyclical” stocks.\nMarkets or stocks that are “cyclical” rise and fall in conjunction with fluctuations of the economy.\nOCBC shares have risen 22.3% this year as of Monday — the largest gains among the banking trio. DBS and UOB have jumped by 21.3% and 15.7%, respectively. All three banks beat the benchmark’sStraits Times Index’s11.2% gain so far this year.\nAnalysts said the shares could get a further boost from higher-than-expected dividends.\nSingapore’s financial regulator, Monetary Authority of Singapore, said last week itwill not extend restrictions on bank dividend payments. Last year, MAS urged banks to cap dividends given the economic uncertainties during the Covid-19 pandemic.\nKrishna Guha, equity analyst from investment bank Jefferies, said the MAS announcement was a surprise.\n“We had expected caps to be lifted in phases. As such, complete re-instatement is a positive surprise,” Guha wrote in a report last week. He predicted that the three banks would raise dividends at least to pre-pandemic levels this year.\nJefferies has a “buy” rating on all three Singapore banks.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":804561669,"gmtCreate":1627965156951,"gmtModify":1633754794147,"author":{"id":"3582782817523238","authorId":"3582782817523238","name":"HHTan","avatar":"https://static.tigerbbs.com/c8134085c63f43886300c1e18d3ab40c","vip":1,"crmLevel":6,"crmLevelSwitch":0},"htmlText":"Please like. Thanks","listText":"Please like. Thanks","text":"Please like. Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/804561669","repostId":1121927855,"repostType":2,"repost":{"id":"1121927855","pubTimestamp":1627957618,"share":"https://www.laohu8.com/m/news/1121927855?lang=&edition=full","pubTime":"2021-08-03 10:26","market":"sg","language":"en","title":"Singapore’s top banks are reporting earnings this week. Here’s what to expect","url":"https://stock-news.laohu8.com/highlight/detail?id=1121927855","media":"CNBC","summary":"KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOve","content":"<div>\n<p>KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOversea-Chinese Banking Corp and United Overseas Bank will report earnings on Wednesday, while DBS ...</p>\n\n<a href=\"https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore’s top banks are reporting earnings this week. Here’s what to expect</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore’s top banks are reporting earnings this week. Here’s what to expect\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-03 10:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOversea-Chinese Banking Corp and United Overseas Bank will report earnings on Wednesday, while DBS ...</p>\n\n<a href=\"https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"U11.SI":"大华银行","D05.SI":"星展集团控股","O39.SI":"华侨银行"},"source_url":"https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1121927855","content_text":"KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOversea-Chinese Banking Corp and United Overseas Bank will report earnings on Wednesday, while DBS Group Holdings will do so on Thursday.\nInvestors will be watching for any announcements on dividend payments, after the Monetary Authority of Singapore said it will not extend restrictions on bank dividends.\n\nSINGAPORE — Singapore’s top three banks are due to report second-quarter earnings this week, and investors will be watching for any announcements on dividend payments.\nOVERSEA-CHINESE BANKING CORP and UNITED OVERSEAS BANK LIMITED will report earnings on Wednesday, while the country’s largest bank DBS GROUP HOLDINGS LTD will do so on Thursday.\nHere’s what analysts are expecting from the banks’ financial report cards, according to estimates compiled by Refinitiv:\nEARNINGS ESTIMATES FOR SINGAPORE BANKSSOURSE: REFINITIV\n\n\n\nBANK\nQ2 NET INCOME\nYEAR-ON-YEAR CHANGE\n\n\n\n\nDBS\nSGD 1.42 billion\n+ 14.2%\n\n\nOCBC\nSGD 1.12 billion\n+ 53.4%\n\n\nUOB\nSGD 948.05 million\n+ 34.9%\n\n\n\n\nThe earnings reports come as Singapore reports a renewed increase in daily Covid-19 infections. Stricter social-distancing measures imposed in early-May led to a2% economic contractionin the second quarter compared to the previous three months, according to official advance estimates.\nGiven the continued threat of Covid — particularly the delta variant — on the economy, Singapore banks would likely keep provisions that they have set aside for potential loan losses, analysts said.\n“We do not believe banks will write back general provisions amidst the uncertain macroeconomic outlook,” said Rui Wen Lim, an equity analyst at DBS Group Research.\nSome banks in the U.S. and Europe have started releasing provisions in the second quarter, which helped boost their profitability. HSBC Holdings PLC on Monday saidit released a net $719 million, thanks largely to a better economic outlook.\nDividend payouts\nShares of all three Singapore-listed banks have recorded double-digit gains this year as the global economic rebound from a pandemic-induced recession led investors favor to “cyclical” stocks.\nMarkets or stocks that are “cyclical” rise and fall in conjunction with fluctuations of the economy.\nOCBC shares have risen 22.3% this year as of Monday — the largest gains among the banking trio. DBS and UOB have jumped by 21.3% and 15.7%, respectively. All three banks beat the benchmark’sStraits Times Index’s11.2% gain so far this year.\nAnalysts said the shares could get a further boost from higher-than-expected dividends.\nSingapore’s financial regulator, Monetary Authority of Singapore, said last week itwill not extend restrictions on bank dividend payments. Last year, MAS urged banks to cap dividends given the economic uncertainties during the Covid-19 pandemic.\nKrishna Guha, equity analyst from investment bank Jefferies, said the MAS announcement was a surprise.\n“We had expected caps to be lifted in phases. As such, complete re-instatement is a positive surprise,” Guha wrote in a report last week. He predicted that the three banks would raise dividends at least to pre-pandemic levels this year.\nJefferies has a “buy” rating on all three Singapore banks.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5411073,"gmtCreate":1627966129679,"gmtModify":1635161324286,"authorId":3576220386239608,"author":{"id":3576220386239608,"authorId":3576220386239608,"name":"TTH4Legs","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":804561669,"type":1,"supId":0,"prevId":0,"content":"<br>\n<br>Done","text":"<br>\n<br>Done","html":"<br>\n<br>Done"}],"langContent":"EN"},{"id":804560494,"gmtCreate":1627964899318,"gmtModify":1631891103691,"author":{"id":"3582026637156287","authorId":"3582026637156287","name":"Cosmiclatte","avatar":"https://static.tigerbbs.com/ea10cf70360da363ebb351e4e5a0850a","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Expect a bull run with the current dividend lift!!!!&nbsp;","listText":"Expect a bull run with the current dividend lift!!!!&nbsp;","text":"Expect a bull run with the current dividend lift!!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/804560494","repostId":1121927855,"repostType":4,"repost":{"id":"1121927855","pubTimestamp":1627957618,"share":"https://www.laohu8.com/m/news/1121927855?lang=&edition=full","pubTime":"2021-08-03 10:26","market":"sg","language":"en","title":"Singapore’s top banks are reporting earnings this week. Here’s what to expect","url":"https://stock-news.laohu8.com/highlight/detail?id=1121927855","media":"CNBC","summary":"KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOve","content":"<div>\n<p>KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOversea-Chinese Banking Corp and United Overseas Bank will report earnings on Wednesday, while DBS ...</p>\n\n<a href=\"https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore’s top banks are reporting earnings this week. Here’s what to expect</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore’s top banks are reporting earnings this week. Here’s what to expect\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-03 10:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOversea-Chinese Banking Corp and United Overseas Bank will report earnings on Wednesday, while DBS ...</p>\n\n<a href=\"https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"U11.SI":"大华银行","D05.SI":"星展集团控股","O39.SI":"华侨银行"},"source_url":"https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1121927855","content_text":"KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOversea-Chinese Banking Corp and United Overseas Bank will report earnings on Wednesday, while DBS Group Holdings will do so on Thursday.\nInvestors will be watching for any announcements on dividend payments, after the Monetary Authority of Singapore said it will not extend restrictions on bank dividends.\n\nSINGAPORE — Singapore’s top three banks are due to report second-quarter earnings this week, and investors will be watching for any announcements on dividend payments.\nOVERSEA-CHINESE BANKING CORP and UNITED OVERSEAS BANK LIMITED will report earnings on Wednesday, while the country’s largest bank DBS GROUP HOLDINGS LTD will do so on Thursday.\nHere’s what analysts are expecting from the banks’ financial report cards, according to estimates compiled by Refinitiv:\nEARNINGS ESTIMATES FOR SINGAPORE BANKSSOURSE: REFINITIV\n\n\n\nBANK\nQ2 NET INCOME\nYEAR-ON-YEAR CHANGE\n\n\n\n\nDBS\nSGD 1.42 billion\n+ 14.2%\n\n\nOCBC\nSGD 1.12 billion\n+ 53.4%\n\n\nUOB\nSGD 948.05 million\n+ 34.9%\n\n\n\n\nThe earnings reports come as Singapore reports a renewed increase in daily Covid-19 infections. Stricter social-distancing measures imposed in early-May led to a2% economic contractionin the second quarter compared to the previous three months, according to official advance estimates.\nGiven the continued threat of Covid — particularly the delta variant — on the economy, Singapore banks would likely keep provisions that they have set aside for potential loan losses, analysts said.\n“We do not believe banks will write back general provisions amidst the uncertain macroeconomic outlook,” said Rui Wen Lim, an equity analyst at DBS Group Research.\nSome banks in the U.S. and Europe have started releasing provisions in the second quarter, which helped boost their profitability. HSBC Holdings PLC on Monday saidit released a net $719 million, thanks largely to a better economic outlook.\nDividend payouts\nShares of all three Singapore-listed banks have recorded double-digit gains this year as the global economic rebound from a pandemic-induced recession led investors favor to “cyclical” stocks.\nMarkets or stocks that are “cyclical” rise and fall in conjunction with fluctuations of the economy.\nOCBC shares have risen 22.3% this year as of Monday — the largest gains among the banking trio. DBS and UOB have jumped by 21.3% and 15.7%, respectively. All three banks beat the benchmark’sStraits Times Index’s11.2% gain so far this year.\nAnalysts said the shares could get a further boost from higher-than-expected dividends.\nSingapore’s financial regulator, Monetary Authority of Singapore, said last week itwill not extend restrictions on bank dividend payments. Last year, MAS urged banks to cap dividends given the economic uncertainties during the Covid-19 pandemic.\nKrishna Guha, equity analyst from investment bank Jefferies, said the MAS announcement was a surprise.\n“We had expected caps to be lifted in phases. As such, complete re-instatement is a positive surprise,” Guha wrote in a report last week. He predicted that the three banks would raise dividends at least to pre-pandemic levels this year.\nJefferies has a “buy” rating on all three Singapore banks.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5413361,"gmtCreate":1627984334591,"gmtModify":1631891103698,"authorId":3570681253064843,"author":{"id":3570681253064843,"authorId":3570681253064843,"name":"Fenixa","avatar":"https://static.tigerbbs.com/b185d5b91de809f3dadf7b03eedfed6b","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":804560494,"type":1,"supId":0,"prevId":0,"content":"Hope they will announce special dividends.","text":"Hope they will announce special dividends.","html":"Hope they will announce special dividends."}],"langContent":"EN"},{"id":804581910,"gmtCreate":1627964276230,"gmtModify":1633754803175,"author":{"id":"3576294708239781","authorId":"3576294708239781","name":"RayRay1999","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Let's see","listText":"Let's see","text":"Let's see","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/804581910","repostId":1121927855,"repostType":4,"repost":{"id":"1121927855","pubTimestamp":1627957618,"share":"https://www.laohu8.com/m/news/1121927855?lang=&edition=full","pubTime":"2021-08-03 10:26","market":"sg","language":"en","title":"Singapore’s top banks are reporting earnings this week. Here’s what to expect","url":"https://stock-news.laohu8.com/highlight/detail?id=1121927855","media":"CNBC","summary":"KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOve","content":"<div>\n<p>KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOversea-Chinese Banking Corp and United Overseas Bank will report earnings on Wednesday, while DBS ...</p>\n\n<a href=\"https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore’s top banks are reporting earnings this week. Here’s what to expect</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore’s top banks are reporting earnings this week. Here’s what to expect\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-03 10:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOversea-Chinese Banking Corp and United Overseas Bank will report earnings on Wednesday, while DBS ...</p>\n\n<a href=\"https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"U11.SI":"大华银行","D05.SI":"星展集团控股","O39.SI":"华侨银行"},"source_url":"https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1121927855","content_text":"KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOversea-Chinese Banking Corp and United Overseas Bank will report earnings on Wednesday, while DBS Group Holdings will do so on Thursday.\nInvestors will be watching for any announcements on dividend payments, after the Monetary Authority of Singapore said it will not extend restrictions on bank dividends.\n\nSINGAPORE — Singapore’s top three banks are due to report second-quarter earnings this week, and investors will be watching for any announcements on dividend payments.\nOVERSEA-CHINESE BANKING CORP and UNITED OVERSEAS BANK LIMITED will report earnings on Wednesday, while the country’s largest bank DBS GROUP HOLDINGS LTD will do so on Thursday.\nHere’s what analysts are expecting from the banks’ financial report cards, according to estimates compiled by Refinitiv:\nEARNINGS ESTIMATES FOR SINGAPORE BANKSSOURSE: REFINITIV\n\n\n\nBANK\nQ2 NET INCOME\nYEAR-ON-YEAR CHANGE\n\n\n\n\nDBS\nSGD 1.42 billion\n+ 14.2%\n\n\nOCBC\nSGD 1.12 billion\n+ 53.4%\n\n\nUOB\nSGD 948.05 million\n+ 34.9%\n\n\n\n\nThe earnings reports come as Singapore reports a renewed increase in daily Covid-19 infections. Stricter social-distancing measures imposed in early-May led to a2% economic contractionin the second quarter compared to the previous three months, according to official advance estimates.\nGiven the continued threat of Covid — particularly the delta variant — on the economy, Singapore banks would likely keep provisions that they have set aside for potential loan losses, analysts said.\n“We do not believe banks will write back general provisions amidst the uncertain macroeconomic outlook,” said Rui Wen Lim, an equity analyst at DBS Group Research.\nSome banks in the U.S. and Europe have started releasing provisions in the second quarter, which helped boost their profitability. HSBC Holdings PLC on Monday saidit released a net $719 million, thanks largely to a better economic outlook.\nDividend payouts\nShares of all three Singapore-listed banks have recorded double-digit gains this year as the global economic rebound from a pandemic-induced recession led investors favor to “cyclical” stocks.\nMarkets or stocks that are “cyclical” rise and fall in conjunction with fluctuations of the economy.\nOCBC shares have risen 22.3% this year as of Monday — the largest gains among the banking trio. DBS and UOB have jumped by 21.3% and 15.7%, respectively. All three banks beat the benchmark’sStraits Times Index’s11.2% gain so far this year.\nAnalysts said the shares could get a further boost from higher-than-expected dividends.\nSingapore’s financial regulator, Monetary Authority of Singapore, said last week itwill not extend restrictions on bank dividend payments. Last year, MAS urged banks to cap dividends given the economic uncertainties during the Covid-19 pandemic.\nKrishna Guha, equity analyst from investment bank Jefferies, said the MAS announcement was a surprise.\n“We had expected caps to be lifted in phases. As such, complete re-instatement is a positive surprise,” Guha wrote in a report last week. He predicted that the three banks would raise dividends at least to pre-pandemic levels this year.\nJefferies has a “buy” rating on all three Singapore banks.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":804517362,"gmtCreate":1627964080856,"gmtModify":1631887038275,"author":{"id":"4089499026613770","authorId":"4089499026613770","name":"JeremyChuax","avatar":"https://static.tigerbbs.com/a1f1ede120de2da723e4456d7fdcce55","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"DBS all the way👍","listText":"DBS all the way👍","text":"DBS all the way👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/804517362","repostId":1121927855,"repostType":4,"repost":{"id":"1121927855","pubTimestamp":1627957618,"share":"https://www.laohu8.com/m/news/1121927855?lang=&edition=full","pubTime":"2021-08-03 10:26","market":"sg","language":"en","title":"Singapore’s top banks are reporting earnings this week. Here’s what to expect","url":"https://stock-news.laohu8.com/highlight/detail?id=1121927855","media":"CNBC","summary":"KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOve","content":"<div>\n<p>KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOversea-Chinese Banking Corp and United Overseas Bank will report earnings on Wednesday, while DBS ...</p>\n\n<a href=\"https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore’s top banks are reporting earnings this week. Here’s what to expect</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore’s top banks are reporting earnings this week. Here’s what to expect\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-03 10:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOversea-Chinese Banking Corp and United Overseas Bank will report earnings on Wednesday, while DBS ...</p>\n\n<a href=\"https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"U11.SI":"大华银行","D05.SI":"星展集团控股","O39.SI":"华侨银行"},"source_url":"https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1121927855","content_text":"KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOversea-Chinese Banking Corp and United Overseas Bank will report earnings on Wednesday, while DBS Group Holdings will do so on Thursday.\nInvestors will be watching for any announcements on dividend payments, after the Monetary Authority of Singapore said it will not extend restrictions on bank dividends.\n\nSINGAPORE — Singapore’s top three banks are due to report second-quarter earnings this week, and investors will be watching for any announcements on dividend payments.\nOVERSEA-CHINESE BANKING CORP and UNITED OVERSEAS BANK LIMITED will report earnings on Wednesday, while the country’s largest bank DBS GROUP HOLDINGS LTD will do so on Thursday.\nHere’s what analysts are expecting from the banks’ financial report cards, according to estimates compiled by Refinitiv:\nEARNINGS ESTIMATES FOR SINGAPORE BANKSSOURSE: REFINITIV\n\n\n\nBANK\nQ2 NET INCOME\nYEAR-ON-YEAR CHANGE\n\n\n\n\nDBS\nSGD 1.42 billion\n+ 14.2%\n\n\nOCBC\nSGD 1.12 billion\n+ 53.4%\n\n\nUOB\nSGD 948.05 million\n+ 34.9%\n\n\n\n\nThe earnings reports come as Singapore reports a renewed increase in daily Covid-19 infections. Stricter social-distancing measures imposed in early-May led to a2% economic contractionin the second quarter compared to the previous three months, according to official advance estimates.\nGiven the continued threat of Covid — particularly the delta variant — on the economy, Singapore banks would likely keep provisions that they have set aside for potential loan losses, analysts said.\n“We do not believe banks will write back general provisions amidst the uncertain macroeconomic outlook,” said Rui Wen Lim, an equity analyst at DBS Group Research.\nSome banks in the U.S. and Europe have started releasing provisions in the second quarter, which helped boost their profitability. HSBC Holdings PLC on Monday saidit released a net $719 million, thanks largely to a better economic outlook.\nDividend payouts\nShares of all three Singapore-listed banks have recorded double-digit gains this year as the global economic rebound from a pandemic-induced recession led investors favor to “cyclical” stocks.\nMarkets or stocks that are “cyclical” rise and fall in conjunction with fluctuations of the economy.\nOCBC shares have risen 22.3% this year as of Monday — the largest gains among the banking trio. DBS and UOB have jumped by 21.3% and 15.7%, respectively. All three banks beat the benchmark’sStraits Times Index’s11.2% gain so far this year.\nAnalysts said the shares could get a further boost from higher-than-expected dividends.\nSingapore’s financial regulator, Monetary Authority of Singapore, said last week itwill not extend restrictions on bank dividend payments. Last year, MAS urged banks to cap dividends given the economic uncertainties during the Covid-19 pandemic.\nKrishna Guha, equity analyst from investment bank Jefferies, said the MAS announcement was a surprise.\n“We had expected caps to be lifted in phases. As such, complete re-instatement is a positive surprise,” Guha wrote in a report last week. He predicted that the three banks would raise dividends at least to pre-pandemic levels this year.\nJefferies has a “buy” rating on all three Singapore banks.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5440226,"gmtCreate":1628205777844,"gmtModify":1635159032394,"authorId":3559581955535845,"author":{"id":3559581955535845,"authorId":3559581955535845,"name":"koolgal","avatar":"https://static.tigerbbs.com/c05274d88ffc0434623e57350c52c70a","vip":2,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":804517362,"type":1,"supId":0,"prevId":0,"content":"💸💸💸","text":"💸💸💸","html":"💸💸💸"}],"langContent":"EN"},{"id":804512899,"gmtCreate":1627963960711,"gmtModify":1631884319907,"author":{"id":"3573818563583937","authorId":"3573818563583937","name":"Starbucks","avatar":"https://static.tigerbbs.com/adf9c30b19f3cc477ca4f1198d2c8b81","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"But the dips and hold! Hope for increased dividend! [Call]&nbsp;[Call]&nbsp;[Miser]&nbsp;[Miser]&nbsp;","listText":"But the dips and hold! Hope for increased dividend! [Call]&nbsp;[Call]&nbsp;[Miser]&nbsp;[Miser]&nbsp;","text":"But the dips and hold! Hope for increased dividend! [Call] [Call] [Miser] [Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/804512899","repostId":1121927855,"repostType":4,"repost":{"id":"1121927855","pubTimestamp":1627957618,"share":"https://www.laohu8.com/m/news/1121927855?lang=&edition=full","pubTime":"2021-08-03 10:26","market":"sg","language":"en","title":"Singapore’s top banks are reporting earnings this week. Here’s what to expect","url":"https://stock-news.laohu8.com/highlight/detail?id=1121927855","media":"CNBC","summary":"KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOve","content":"<div>\n<p>KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOversea-Chinese Banking Corp and United Overseas Bank will report earnings on Wednesday, while DBS ...</p>\n\n<a href=\"https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore’s top banks are reporting earnings this week. Here’s what to expect</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore’s top banks are reporting earnings this week. Here’s what to expect\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-03 10:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOversea-Chinese Banking Corp and United Overseas Bank will report earnings on Wednesday, while DBS ...</p>\n\n<a href=\"https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"U11.SI":"大华银行","D05.SI":"星展集团控股","O39.SI":"华侨银行"},"source_url":"https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1121927855","content_text":"KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOversea-Chinese Banking Corp and United Overseas Bank will report earnings on Wednesday, while DBS Group Holdings will do so on Thursday.\nInvestors will be watching for any announcements on dividend payments, after the Monetary Authority of Singapore said it will not extend restrictions on bank dividends.\n\nSINGAPORE — Singapore’s top three banks are due to report second-quarter earnings this week, and investors will be watching for any announcements on dividend payments.\nOVERSEA-CHINESE BANKING CORP and UNITED OVERSEAS BANK LIMITED will report earnings on Wednesday, while the country’s largest bank DBS GROUP HOLDINGS LTD will do so on Thursday.\nHere’s what analysts are expecting from the banks’ financial report cards, according to estimates compiled by Refinitiv:\nEARNINGS ESTIMATES FOR SINGAPORE BANKSSOURSE: REFINITIV\n\n\n\nBANK\nQ2 NET INCOME\nYEAR-ON-YEAR CHANGE\n\n\n\n\nDBS\nSGD 1.42 billion\n+ 14.2%\n\n\nOCBC\nSGD 1.12 billion\n+ 53.4%\n\n\nUOB\nSGD 948.05 million\n+ 34.9%\n\n\n\n\nThe earnings reports come as Singapore reports a renewed increase in daily Covid-19 infections. Stricter social-distancing measures imposed in early-May led to a2% economic contractionin the second quarter compared to the previous three months, according to official advance estimates.\nGiven the continued threat of Covid — particularly the delta variant — on the economy, Singapore banks would likely keep provisions that they have set aside for potential loan losses, analysts said.\n“We do not believe banks will write back general provisions amidst the uncertain macroeconomic outlook,” said Rui Wen Lim, an equity analyst at DBS Group Research.\nSome banks in the U.S. and Europe have started releasing provisions in the second quarter, which helped boost their profitability. HSBC Holdings PLC on Monday saidit released a net $719 million, thanks largely to a better economic outlook.\nDividend payouts\nShares of all three Singapore-listed banks have recorded double-digit gains this year as the global economic rebound from a pandemic-induced recession led investors favor to “cyclical” stocks.\nMarkets or stocks that are “cyclical” rise and fall in conjunction with fluctuations of the economy.\nOCBC shares have risen 22.3% this year as of Monday — the largest gains among the banking trio. DBS and UOB have jumped by 21.3% and 15.7%, respectively. All three banks beat the benchmark’sStraits Times Index’s11.2% gain so far this year.\nAnalysts said the shares could get a further boost from higher-than-expected dividends.\nSingapore’s financial regulator, Monetary Authority of Singapore, said last week itwill not extend restrictions on bank dividend payments. Last year, MAS urged banks to cap dividends given the economic uncertainties during the Covid-19 pandemic.\nKrishna Guha, equity analyst from investment bank Jefferies, said the MAS announcement was a surprise.\n“We had expected caps to be lifted in phases. As such, complete re-instatement is a positive surprise,” Guha wrote in a report last week. He predicted that the three banks would raise dividends at least to pre-pandemic levels this year.\nJefferies has a “buy” rating on all three Singapore banks.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5866223,"gmtCreate":1631625066143,"gmtModify":1631891697856,"authorId":3573818563583937,"author":{"id":3573818563583937,"authorId":3573818563583937,"name":"Starbucks","avatar":"https://static.tigerbbs.com/adf9c30b19f3cc477ca4f1198d2c8b81","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":804512899,"type":1,"supId":5863349,"prevId":0,"content":"Go <a href=\"https://laohu8.com/S/TSLA\"> $Tesla Motors(TSLA)$</a> [Miser][Miser]","text":"Go <a href=\"https://laohu8.com/S/TSLA\"> $Tesla Motors(TSLA)$</a> [Miser][Miser]","html":"Go <a href=\"https://laohu8.com/S/TSLA\"> $Tesla Motors(TSLA)$</a> [Miser][Miser]"},{"id":5863349,"gmtCreate":1631601936989,"gmtModify":1631891697845,"authorId":3574996021054734,"author":{"id":3574996021054734,"authorId":3574996021054734,"name":"Teslawonder","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":804512899,"type":1,"supId":0,"prevId":0,"content":"pls like and comment my tesla post for coin","text":"pls like and comment my tesla post for coin","html":"pls like and comment my tesla post for coin"},{"id":5575885,"gmtCreate":1629349133755,"gmtModify":1631891697832,"authorId":3559581955535845,"author":{"id":3559581955535845,"authorId":3559581955535845,"name":"koolgal","avatar":"https://static.tigerbbs.com/c05274d88ffc0434623e57350c52c70a","vip":2,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":804512899,"type":1,"supId":0,"prevId":0,"content":"Excellent strategy.&nbsp; I am in total agreement 😊","text":"Excellent strategy.&nbsp; I am in total agreement 😊","html":"Excellent strategy.&nbsp; I am in total agreement 😊"}],"langContent":"EN"},{"id":804534027,"gmtCreate":1627963468369,"gmtModify":1631885102207,"author":{"id":"4087452914358580","authorId":"4087452914358580","name":"SanWangtikup","avatar":"https://static.tigerbbs.com/c7f061d50a9f915d0ce8e8c879871960","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Time to buy","listText":"Time to buy","text":"Time to buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/804534027","repostId":1121927855,"repostType":4,"repost":{"id":"1121927855","pubTimestamp":1627957618,"share":"https://www.laohu8.com/m/news/1121927855?lang=&edition=full","pubTime":"2021-08-03 10:26","market":"sg","language":"en","title":"Singapore’s top banks are reporting earnings this week. Here’s what to expect","url":"https://stock-news.laohu8.com/highlight/detail?id=1121927855","media":"CNBC","summary":"KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOve","content":"<div>\n<p>KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOversea-Chinese Banking Corp and United Overseas Bank will report earnings on Wednesday, while DBS ...</p>\n\n<a href=\"https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore’s top banks are reporting earnings this week. Here’s what to expect</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore’s top banks are reporting earnings this week. Here’s what to expect\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-03 10:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOversea-Chinese Banking Corp and United Overseas Bank will report earnings on Wednesday, while DBS ...</p>\n\n<a href=\"https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"U11.SI":"大华银行","D05.SI":"星展集团控股","O39.SI":"华侨银行"},"source_url":"https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1121927855","content_text":"KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOversea-Chinese Banking Corp and United Overseas Bank will report earnings on Wednesday, while DBS Group Holdings will do so on Thursday.\nInvestors will be watching for any announcements on dividend payments, after the Monetary Authority of Singapore said it will not extend restrictions on bank dividends.\n\nSINGAPORE — Singapore’s top three banks are due to report second-quarter earnings this week, and investors will be watching for any announcements on dividend payments.\nOVERSEA-CHINESE BANKING CORP and UNITED OVERSEAS BANK LIMITED will report earnings on Wednesday, while the country’s largest bank DBS GROUP HOLDINGS LTD will do so on Thursday.\nHere’s what analysts are expecting from the banks’ financial report cards, according to estimates compiled by Refinitiv:\nEARNINGS ESTIMATES FOR SINGAPORE BANKSSOURSE: REFINITIV\n\n\n\nBANK\nQ2 NET INCOME\nYEAR-ON-YEAR CHANGE\n\n\n\n\nDBS\nSGD 1.42 billion\n+ 14.2%\n\n\nOCBC\nSGD 1.12 billion\n+ 53.4%\n\n\nUOB\nSGD 948.05 million\n+ 34.9%\n\n\n\n\nThe earnings reports come as Singapore reports a renewed increase in daily Covid-19 infections. Stricter social-distancing measures imposed in early-May led to a2% economic contractionin the second quarter compared to the previous three months, according to official advance estimates.\nGiven the continued threat of Covid — particularly the delta variant — on the economy, Singapore banks would likely keep provisions that they have set aside for potential loan losses, analysts said.\n“We do not believe banks will write back general provisions amidst the uncertain macroeconomic outlook,” said Rui Wen Lim, an equity analyst at DBS Group Research.\nSome banks in the U.S. and Europe have started releasing provisions in the second quarter, which helped boost their profitability. HSBC Holdings PLC on Monday saidit released a net $719 million, thanks largely to a better economic outlook.\nDividend payouts\nShares of all three Singapore-listed banks have recorded double-digit gains this year as the global economic rebound from a pandemic-induced recession led investors favor to “cyclical” stocks.\nMarkets or stocks that are “cyclical” rise and fall in conjunction with fluctuations of the economy.\nOCBC shares have risen 22.3% this year as of Monday — the largest gains among the banking trio. DBS and UOB have jumped by 21.3% and 15.7%, respectively. All three banks beat the benchmark’sStraits Times Index’s11.2% gain so far this year.\nAnalysts said the shares could get a further boost from higher-than-expected dividends.\nSingapore’s financial regulator, Monetary Authority of Singapore, said last week itwill not extend restrictions on bank dividend payments. Last year, MAS urged banks to cap dividends given the economic uncertainties during the Covid-19 pandemic.\nKrishna Guha, equity analyst from investment bank Jefferies, said the MAS announcement was a surprise.\n“We had expected caps to be lifted in phases. As such, complete re-instatement is a positive surprise,” Guha wrote in a report last week. He predicted that the three banks would raise dividends at least to pre-pandemic levels this year.\nJefferies has a “buy” rating on all three Singapore banks.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5410734,"gmtCreate":1627963849615,"gmtModify":1635161354278,"authorId":3573818563583937,"author":{"id":3573818563583937,"authorId":3573818563583937,"name":"Starbucks","avatar":"https://static.tigerbbs.com/adf9c30b19f3cc477ca4f1198d2c8b81","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":804534027,"type":1,"supId":0,"prevId":0,"content":"Yes! Buy buy buy! [Miser][Miser]","text":"Yes! Buy buy buy! [Miser][Miser]","html":"Yes! Buy buy buy! [Miser][Miser]"}],"langContent":"EN"},{"id":804535225,"gmtCreate":1627963457867,"gmtModify":1633754814837,"author":{"id":"4087452914358580","authorId":"4087452914358580","name":"SanWangtikup","avatar":"https://static.tigerbbs.com/c7f061d50a9f915d0ce8e8c879871960","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Tell me your opinion about this news...","listText":"Tell me your opinion about this news...","text":"Tell me your opinion about this news...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/804535225","repostId":1121927855,"repostType":4,"repost":{"id":"1121927855","pubTimestamp":1627957618,"share":"https://www.laohu8.com/m/news/1121927855?lang=&edition=full","pubTime":"2021-08-03 10:26","market":"sg","language":"en","title":"Singapore’s top banks are reporting earnings this week. Here’s what to expect","url":"https://stock-news.laohu8.com/highlight/detail?id=1121927855","media":"CNBC","summary":"KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOve","content":"<div>\n<p>KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOversea-Chinese Banking Corp and United Overseas Bank will report earnings on Wednesday, while DBS ...</p>\n\n<a href=\"https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore’s top banks are reporting earnings this week. Here’s what to expect</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore’s top banks are reporting earnings this week. Here’s what to expect\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-03 10:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOversea-Chinese Banking Corp and United Overseas Bank will report earnings on Wednesday, while DBS ...</p>\n\n<a href=\"https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"U11.SI":"大华银行","D05.SI":"星展集团控股","O39.SI":"华侨银行"},"source_url":"https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1121927855","content_text":"KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOversea-Chinese Banking Corp and United Overseas Bank will report earnings on Wednesday, while DBS Group Holdings will do so on Thursday.\nInvestors will be watching for any announcements on dividend payments, after the Monetary Authority of Singapore said it will not extend restrictions on bank dividends.\n\nSINGAPORE — Singapore’s top three banks are due to report second-quarter earnings this week, and investors will be watching for any announcements on dividend payments.\nOVERSEA-CHINESE BANKING CORP and UNITED OVERSEAS BANK LIMITED will report earnings on Wednesday, while the country’s largest bank DBS GROUP HOLDINGS LTD will do so on Thursday.\nHere’s what analysts are expecting from the banks’ financial report cards, according to estimates compiled by Refinitiv:\nEARNINGS ESTIMATES FOR SINGAPORE BANKSSOURSE: REFINITIV\n\n\n\nBANK\nQ2 NET INCOME\nYEAR-ON-YEAR CHANGE\n\n\n\n\nDBS\nSGD 1.42 billion\n+ 14.2%\n\n\nOCBC\nSGD 1.12 billion\n+ 53.4%\n\n\nUOB\nSGD 948.05 million\n+ 34.9%\n\n\n\n\nThe earnings reports come as Singapore reports a renewed increase in daily Covid-19 infections. Stricter social-distancing measures imposed in early-May led to a2% economic contractionin the second quarter compared to the previous three months, according to official advance estimates.\nGiven the continued threat of Covid — particularly the delta variant — on the economy, Singapore banks would likely keep provisions that they have set aside for potential loan losses, analysts said.\n“We do not believe banks will write back general provisions amidst the uncertain macroeconomic outlook,” said Rui Wen Lim, an equity analyst at DBS Group Research.\nSome banks in the U.S. and Europe have started releasing provisions in the second quarter, which helped boost their profitability. HSBC Holdings PLC on Monday saidit released a net $719 million, thanks largely to a better economic outlook.\nDividend payouts\nShares of all three Singapore-listed banks have recorded double-digit gains this year as the global economic rebound from a pandemic-induced recession led investors favor to “cyclical” stocks.\nMarkets or stocks that are “cyclical” rise and fall in conjunction with fluctuations of the economy.\nOCBC shares have risen 22.3% this year as of Monday — the largest gains among the banking trio. DBS and UOB have jumped by 21.3% and 15.7%, respectively. All three banks beat the benchmark’sStraits Times Index’s11.2% gain so far this year.\nAnalysts said the shares could get a further boost from higher-than-expected dividends.\nSingapore’s financial regulator, Monetary Authority of Singapore, said last week itwill not extend restrictions on bank dividend payments. Last year, MAS urged banks to cap dividends given the economic uncertainties during the Covid-19 pandemic.\nKrishna Guha, equity analyst from investment bank Jefferies, said the MAS announcement was a surprise.\n“We had expected caps to be lifted in phases. As such, complete re-instatement is a positive surprise,” Guha wrote in a report last week. He predicted that the three banks would raise dividends at least to pre-pandemic levels this year.\nJefferies has a “buy” rating on all three Singapore banks.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":804539626,"gmtCreate":1627963001565,"gmtModify":1633754819790,"author":{"id":"4090570965971460","authorId":"4090570965971460","name":"KeN3","avatar":"https://static.tigerbbs.com/ffc770a2d3626a3e029ba2c461aac13d","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Is it over priced now to enter the market?","listText":"Is it over priced now to enter the market?","text":"Is it over priced now to enter the market?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/804539626","repostId":1121927855,"repostType":4,"repost":{"id":"1121927855","pubTimestamp":1627957618,"share":"https://www.laohu8.com/m/news/1121927855?lang=&edition=full","pubTime":"2021-08-03 10:26","market":"sg","language":"en","title":"Singapore’s top banks are reporting earnings this week. Here’s what to expect","url":"https://stock-news.laohu8.com/highlight/detail?id=1121927855","media":"CNBC","summary":"KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOve","content":"<div>\n<p>KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOversea-Chinese Banking Corp and United Overseas Bank will report earnings on Wednesday, while DBS ...</p>\n\n<a href=\"https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore’s top banks are reporting earnings this week. Here’s what to expect</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore’s top banks are reporting earnings this week. Here’s what to expect\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-03 10:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOversea-Chinese Banking Corp and United Overseas Bank will report earnings on Wednesday, while DBS ...</p>\n\n<a href=\"https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"U11.SI":"大华银行","D05.SI":"星展集团控股","O39.SI":"华侨银行"},"source_url":"https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1121927855","content_text":"KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOversea-Chinese Banking Corp and United Overseas Bank will report earnings on Wednesday, while DBS Group Holdings will do so on Thursday.\nInvestors will be watching for any announcements on dividend payments, after the Monetary Authority of Singapore said it will not extend restrictions on bank dividends.\n\nSINGAPORE — Singapore’s top three banks are due to report second-quarter earnings this week, and investors will be watching for any announcements on dividend payments.\nOVERSEA-CHINESE BANKING CORP and UNITED OVERSEAS BANK LIMITED will report earnings on Wednesday, while the country’s largest bank DBS GROUP HOLDINGS LTD will do so on Thursday.\nHere’s what analysts are expecting from the banks’ financial report cards, according to estimates compiled by Refinitiv:\nEARNINGS ESTIMATES FOR SINGAPORE BANKSSOURSE: REFINITIV\n\n\n\nBANK\nQ2 NET INCOME\nYEAR-ON-YEAR CHANGE\n\n\n\n\nDBS\nSGD 1.42 billion\n+ 14.2%\n\n\nOCBC\nSGD 1.12 billion\n+ 53.4%\n\n\nUOB\nSGD 948.05 million\n+ 34.9%\n\n\n\n\nThe earnings reports come as Singapore reports a renewed increase in daily Covid-19 infections. Stricter social-distancing measures imposed in early-May led to a2% economic contractionin the second quarter compared to the previous three months, according to official advance estimates.\nGiven the continued threat of Covid — particularly the delta variant — on the economy, Singapore banks would likely keep provisions that they have set aside for potential loan losses, analysts said.\n“We do not believe banks will write back general provisions amidst the uncertain macroeconomic outlook,” said Rui Wen Lim, an equity analyst at DBS Group Research.\nSome banks in the U.S. and Europe have started releasing provisions in the second quarter, which helped boost their profitability. HSBC Holdings PLC on Monday saidit released a net $719 million, thanks largely to a better economic outlook.\nDividend payouts\nShares of all three Singapore-listed banks have recorded double-digit gains this year as the global economic rebound from a pandemic-induced recession led investors favor to “cyclical” stocks.\nMarkets or stocks that are “cyclical” rise and fall in conjunction with fluctuations of the economy.\nOCBC shares have risen 22.3% this year as of Monday — the largest gains among the banking trio. DBS and UOB have jumped by 21.3% and 15.7%, respectively. All three banks beat the benchmark’sStraits Times Index’s11.2% gain so far this year.\nAnalysts said the shares could get a further boost from higher-than-expected dividends.\nSingapore’s financial regulator, Monetary Authority of Singapore, said last week itwill not extend restrictions on bank dividend payments. Last year, MAS urged banks to cap dividends given the economic uncertainties during the Covid-19 pandemic.\nKrishna Guha, equity analyst from investment bank Jefferies, said the MAS announcement was a surprise.\n“We had expected caps to be lifted in phases. As such, complete re-instatement is a positive surprise,” Guha wrote in a report last week. He predicted that the three banks would raise dividends at least to pre-pandemic levels this year.\nJefferies has a “buy” rating on all three Singapore banks.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5410638,"gmtCreate":1627963285674,"gmtModify":1635161361661,"authorId":3572988793196593,"author":{"id":3572988793196593,"authorId":3572988793196593,"name":"Foxie","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":804539626,"type":1,"supId":0,"prevId":0,"content":"Buy and holdDdd","text":"Buy and holdDdd","html":"Buy and holdDdd"}],"langContent":"EN"},{"id":804539014,"gmtCreate":1627962955838,"gmtModify":1633754820365,"author":{"id":"3582098623642517","authorId":"3582098623642517","name":"小虎一飞冲天","avatar":"https://static.tigerbbs.com/1a55a61195830e019abf5d3cc69681b9","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"Like pls. Thanks. 🙏🏼","listText":"Like pls. Thanks. 🙏🏼","text":"Like pls. Thanks. 🙏🏼","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/804539014","repostId":1121927855,"repostType":4,"repost":{"id":"1121927855","pubTimestamp":1627957618,"share":"https://www.laohu8.com/m/news/1121927855?lang=&edition=full","pubTime":"2021-08-03 10:26","market":"sg","language":"en","title":"Singapore’s top banks are reporting earnings this week. Here’s what to expect","url":"https://stock-news.laohu8.com/highlight/detail?id=1121927855","media":"CNBC","summary":"KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOve","content":"<div>\n<p>KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOversea-Chinese Banking Corp and United Overseas Bank will report earnings on Wednesday, while DBS ...</p>\n\n<a href=\"https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore’s top banks are reporting earnings this week. Here’s what to expect</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore’s top banks are reporting earnings this week. Here’s what to expect\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-03 10:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOversea-Chinese Banking Corp and United Overseas Bank will report earnings on Wednesday, while DBS ...</p>\n\n<a href=\"https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"U11.SI":"大华银行","D05.SI":"星展集团控股","O39.SI":"华侨银行"},"source_url":"https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1121927855","content_text":"KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOversea-Chinese Banking Corp and United Overseas Bank will report earnings on Wednesday, while DBS Group Holdings will do so on Thursday.\nInvestors will be watching for any announcements on dividend payments, after the Monetary Authority of Singapore said it will not extend restrictions on bank dividends.\n\nSINGAPORE — Singapore’s top three banks are due to report second-quarter earnings this week, and investors will be watching for any announcements on dividend payments.\nOVERSEA-CHINESE BANKING CORP and UNITED OVERSEAS BANK LIMITED will report earnings on Wednesday, while the country’s largest bank DBS GROUP HOLDINGS LTD will do so on Thursday.\nHere’s what analysts are expecting from the banks’ financial report cards, according to estimates compiled by Refinitiv:\nEARNINGS ESTIMATES FOR SINGAPORE BANKSSOURSE: REFINITIV\n\n\n\nBANK\nQ2 NET INCOME\nYEAR-ON-YEAR CHANGE\n\n\n\n\nDBS\nSGD 1.42 billion\n+ 14.2%\n\n\nOCBC\nSGD 1.12 billion\n+ 53.4%\n\n\nUOB\nSGD 948.05 million\n+ 34.9%\n\n\n\n\nThe earnings reports come as Singapore reports a renewed increase in daily Covid-19 infections. Stricter social-distancing measures imposed in early-May led to a2% economic contractionin the second quarter compared to the previous three months, according to official advance estimates.\nGiven the continued threat of Covid — particularly the delta variant — on the economy, Singapore banks would likely keep provisions that they have set aside for potential loan losses, analysts said.\n“We do not believe banks will write back general provisions amidst the uncertain macroeconomic outlook,” said Rui Wen Lim, an equity analyst at DBS Group Research.\nSome banks in the U.S. and Europe have started releasing provisions in the second quarter, which helped boost their profitability. HSBC Holdings PLC on Monday saidit released a net $719 million, thanks largely to a better economic outlook.\nDividend payouts\nShares of all three Singapore-listed banks have recorded double-digit gains this year as the global economic rebound from a pandemic-induced recession led investors favor to “cyclical” stocks.\nMarkets or stocks that are “cyclical” rise and fall in conjunction with fluctuations of the economy.\nOCBC shares have risen 22.3% this year as of Monday — the largest gains among the banking trio. DBS and UOB have jumped by 21.3% and 15.7%, respectively. All three banks beat the benchmark’sStraits Times Index’s11.2% gain so far this year.\nAnalysts said the shares could get a further boost from higher-than-expected dividends.\nSingapore’s financial regulator, Monetary Authority of Singapore, said last week itwill not extend restrictions on bank dividend payments. Last year, MAS urged banks to cap dividends given the economic uncertainties during the Covid-19 pandemic.\nKrishna Guha, equity analyst from investment bank Jefferies, said the MAS announcement was a surprise.\n“We had expected caps to be lifted in phases. As such, complete re-instatement is a positive surprise,” Guha wrote in a report last week. He predicted that the three banks would raise dividends at least to pre-pandemic levels this year.\nJefferies has a “buy” rating on all three Singapore banks.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":804530831,"gmtCreate":1627962894123,"gmtModify":1633754820590,"author":{"id":"3583284147557843","authorId":"3583284147557843","name":"K20","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"Good!","listText":"Good!","text":"Good!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/804530831","repostId":1121927855,"repostType":4,"repost":{"id":"1121927855","pubTimestamp":1627957618,"share":"https://www.laohu8.com/m/news/1121927855?lang=&edition=full","pubTime":"2021-08-03 10:26","market":"sg","language":"en","title":"Singapore’s top banks are reporting earnings this week. Here’s what to expect","url":"https://stock-news.laohu8.com/highlight/detail?id=1121927855","media":"CNBC","summary":"KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOve","content":"<div>\n<p>KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOversea-Chinese Banking Corp and United Overseas Bank will report earnings on Wednesday, while DBS ...</p>\n\n<a href=\"https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore’s top banks are reporting earnings this week. Here’s what to expect</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore’s top banks are reporting earnings this week. Here’s what to expect\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-03 10:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOversea-Chinese Banking Corp and United Overseas Bank will report earnings on Wednesday, while DBS ...</p>\n\n<a href=\"https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"U11.SI":"大华银行","D05.SI":"星展集团控股","O39.SI":"华侨银行"},"source_url":"https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1121927855","content_text":"KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOversea-Chinese Banking Corp and United Overseas Bank will report earnings on Wednesday, while DBS Group Holdings will do so on Thursday.\nInvestors will be watching for any announcements on dividend payments, after the Monetary Authority of Singapore said it will not extend restrictions on bank dividends.\n\nSINGAPORE — Singapore’s top three banks are due to report second-quarter earnings this week, and investors will be watching for any announcements on dividend payments.\nOVERSEA-CHINESE BANKING CORP and UNITED OVERSEAS BANK LIMITED will report earnings on Wednesday, while the country’s largest bank DBS GROUP HOLDINGS LTD will do so on Thursday.\nHere’s what analysts are expecting from the banks’ financial report cards, according to estimates compiled by Refinitiv:\nEARNINGS ESTIMATES FOR SINGAPORE BANKSSOURSE: REFINITIV\n\n\n\nBANK\nQ2 NET INCOME\nYEAR-ON-YEAR CHANGE\n\n\n\n\nDBS\nSGD 1.42 billion\n+ 14.2%\n\n\nOCBC\nSGD 1.12 billion\n+ 53.4%\n\n\nUOB\nSGD 948.05 million\n+ 34.9%\n\n\n\n\nThe earnings reports come as Singapore reports a renewed increase in daily Covid-19 infections. Stricter social-distancing measures imposed in early-May led to a2% economic contractionin the second quarter compared to the previous three months, according to official advance estimates.\nGiven the continued threat of Covid — particularly the delta variant — on the economy, Singapore banks would likely keep provisions that they have set aside for potential loan losses, analysts said.\n“We do not believe banks will write back general provisions amidst the uncertain macroeconomic outlook,” said Rui Wen Lim, an equity analyst at DBS Group Research.\nSome banks in the U.S. and Europe have started releasing provisions in the second quarter, which helped boost their profitability. HSBC Holdings PLC on Monday saidit released a net $719 million, thanks largely to a better economic outlook.\nDividend payouts\nShares of all three Singapore-listed banks have recorded double-digit gains this year as the global economic rebound from a pandemic-induced recession led investors favor to “cyclical” stocks.\nMarkets or stocks that are “cyclical” rise and fall in conjunction with fluctuations of the economy.\nOCBC shares have risen 22.3% this year as of Monday — the largest gains among the banking trio. DBS and UOB have jumped by 21.3% and 15.7%, respectively. All three banks beat the benchmark’sStraits Times Index’s11.2% gain so far this year.\nAnalysts said the shares could get a further boost from higher-than-expected dividends.\nSingapore’s financial regulator, Monetary Authority of Singapore, said last week itwill not extend restrictions on bank dividend payments. Last year, MAS urged banks to cap dividends given the economic uncertainties during the Covid-19 pandemic.\nKrishna Guha, equity analyst from investment bank Jefferies, said the MAS announcement was a surprise.\n“We had expected caps to be lifted in phases. As such, complete re-instatement is a positive surprise,” Guha wrote in a report last week. He predicted that the three banks would raise dividends at least to pre-pandemic levels this year.\nJefferies has a “buy” rating on all three Singapore banks.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":804596284,"gmtCreate":1627962589448,"gmtModify":1633754824438,"author":{"id":"3573639773544520","authorId":"3573639773544520","name":"oneplus374","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":6,"crmLevelSwitch":0},"htmlText":"please like!","listText":"please like!","text":"please like!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/804596284","repostId":1121927855,"repostType":4,"repost":{"id":"1121927855","pubTimestamp":1627957618,"share":"https://www.laohu8.com/m/news/1121927855?lang=&edition=full","pubTime":"2021-08-03 10:26","market":"sg","language":"en","title":"Singapore’s top banks are reporting earnings this week. Here’s what to expect","url":"https://stock-news.laohu8.com/highlight/detail?id=1121927855","media":"CNBC","summary":"KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOve","content":"<div>\n<p>KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOversea-Chinese Banking Corp and United Overseas Bank will report earnings on Wednesday, while DBS ...</p>\n\n<a href=\"https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore’s top banks are reporting earnings this week. Here’s what to expect</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore’s top banks are reporting earnings this week. Here’s what to expect\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-03 10:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOversea-Chinese Banking Corp and United Overseas Bank will report earnings on Wednesday, while DBS ...</p>\n\n<a href=\"https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"U11.SI":"大华银行","D05.SI":"星展集团控股","O39.SI":"华侨银行"},"source_url":"https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1121927855","content_text":"KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOversea-Chinese Banking Corp and United Overseas Bank will report earnings on Wednesday, while DBS Group Holdings will do so on Thursday.\nInvestors will be watching for any announcements on dividend payments, after the Monetary Authority of Singapore said it will not extend restrictions on bank dividends.\n\nSINGAPORE — Singapore’s top three banks are due to report second-quarter earnings this week, and investors will be watching for any announcements on dividend payments.\nOVERSEA-CHINESE BANKING CORP and UNITED OVERSEAS BANK LIMITED will report earnings on Wednesday, while the country’s largest bank DBS GROUP HOLDINGS LTD will do so on Thursday.\nHere’s what analysts are expecting from the banks’ financial report cards, according to estimates compiled by Refinitiv:\nEARNINGS ESTIMATES FOR SINGAPORE BANKSSOURSE: REFINITIV\n\n\n\nBANK\nQ2 NET INCOME\nYEAR-ON-YEAR CHANGE\n\n\n\n\nDBS\nSGD 1.42 billion\n+ 14.2%\n\n\nOCBC\nSGD 1.12 billion\n+ 53.4%\n\n\nUOB\nSGD 948.05 million\n+ 34.9%\n\n\n\n\nThe earnings reports come as Singapore reports a renewed increase in daily Covid-19 infections. Stricter social-distancing measures imposed in early-May led to a2% economic contractionin the second quarter compared to the previous three months, according to official advance estimates.\nGiven the continued threat of Covid — particularly the delta variant — on the economy, Singapore banks would likely keep provisions that they have set aside for potential loan losses, analysts said.\n“We do not believe banks will write back general provisions amidst the uncertain macroeconomic outlook,” said Rui Wen Lim, an equity analyst at DBS Group Research.\nSome banks in the U.S. and Europe have started releasing provisions in the second quarter, which helped boost their profitability. HSBC Holdings PLC on Monday saidit released a net $719 million, thanks largely to a better economic outlook.\nDividend payouts\nShares of all three Singapore-listed banks have recorded double-digit gains this year as the global economic rebound from a pandemic-induced recession led investors favor to “cyclical” stocks.\nMarkets or stocks that are “cyclical” rise and fall in conjunction with fluctuations of the economy.\nOCBC shares have risen 22.3% this year as of Monday — the largest gains among the banking trio. DBS and UOB have jumped by 21.3% and 15.7%, respectively. All three banks beat the benchmark’sStraits Times Index’s11.2% gain so far this year.\nAnalysts said the shares could get a further boost from higher-than-expected dividends.\nSingapore’s financial regulator, Monetary Authority of Singapore, said last week itwill not extend restrictions on bank dividend payments. Last year, MAS urged banks to cap dividends given the economic uncertainties during the Covid-19 pandemic.\nKrishna Guha, equity analyst from investment bank Jefferies, said the MAS announcement was a surprise.\n“We had expected caps to be lifted in phases. As such, complete re-instatement is a positive surprise,” Guha wrote in a report last week. He predicted that the three banks would raise dividends at least to pre-pandemic levels this year.\nJefferies has a “buy” rating on all three Singapore banks.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5410551,"gmtCreate":1627962754832,"gmtModify":1635161368910,"authorId":3579574507989417,"author":{"id":3579574507989417,"authorId":3579574507989417,"name":"jingshen","avatar":"https://static.tigerbbs.com/9f2e7a9c8bf801981646c34ca8c306f4","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":804596284,"type":1,"supId":0,"prevId":0,"content":"done","text":"done","html":"done"}],"langContent":"EN"},{"id":804591961,"gmtCreate":1627962483953,"gmtModify":1631890982631,"author":{"id":"3583042445884722","authorId":"3583042445884722","name":"hiton","avatar":"https://static.tigerbbs.com/7bb65ab2e7146a8ea061d1c144c278e7","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"Today fall .. hmmm","listText":"Today fall .. hmmm","text":"Today fall .. hmmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/804591961","repostId":1121927855,"repostType":4,"repost":{"id":"1121927855","pubTimestamp":1627957618,"share":"https://www.laohu8.com/m/news/1121927855?lang=&edition=full","pubTime":"2021-08-03 10:26","market":"sg","language":"en","title":"Singapore’s top banks are reporting earnings this week. Here’s what to expect","url":"https://stock-news.laohu8.com/highlight/detail?id=1121927855","media":"CNBC","summary":"KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOve","content":"<div>\n<p>KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOversea-Chinese Banking Corp and United Overseas Bank will report earnings on Wednesday, while DBS ...</p>\n\n<a href=\"https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore’s top banks are reporting earnings this week. Here’s what to expect</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore’s top banks are reporting earnings this week. Here’s what to expect\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-03 10:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOversea-Chinese Banking Corp and United Overseas Bank will report earnings on Wednesday, while DBS ...</p>\n\n<a href=\"https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"U11.SI":"大华银行","D05.SI":"星展集团控股","O39.SI":"华侨银行"},"source_url":"https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1121927855","content_text":"KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOversea-Chinese Banking Corp and United Overseas Bank will report earnings on Wednesday, while DBS Group Holdings will do so on Thursday.\nInvestors will be watching for any announcements on dividend payments, after the Monetary Authority of Singapore said it will not extend restrictions on bank dividends.\n\nSINGAPORE — Singapore’s top three banks are due to report second-quarter earnings this week, and investors will be watching for any announcements on dividend payments.\nOVERSEA-CHINESE BANKING CORP and UNITED OVERSEAS BANK LIMITED will report earnings on Wednesday, while the country’s largest bank DBS GROUP HOLDINGS LTD will do so on Thursday.\nHere’s what analysts are expecting from the banks’ financial report cards, according to estimates compiled by Refinitiv:\nEARNINGS ESTIMATES FOR SINGAPORE BANKSSOURSE: REFINITIV\n\n\n\nBANK\nQ2 NET INCOME\nYEAR-ON-YEAR CHANGE\n\n\n\n\nDBS\nSGD 1.42 billion\n+ 14.2%\n\n\nOCBC\nSGD 1.12 billion\n+ 53.4%\n\n\nUOB\nSGD 948.05 million\n+ 34.9%\n\n\n\n\nThe earnings reports come as Singapore reports a renewed increase in daily Covid-19 infections. Stricter social-distancing measures imposed in early-May led to a2% economic contractionin the second quarter compared to the previous three months, according to official advance estimates.\nGiven the continued threat of Covid — particularly the delta variant — on the economy, Singapore banks would likely keep provisions that they have set aside for potential loan losses, analysts said.\n“We do not believe banks will write back general provisions amidst the uncertain macroeconomic outlook,” said Rui Wen Lim, an equity analyst at DBS Group Research.\nSome banks in the U.S. and Europe have started releasing provisions in the second quarter, which helped boost their profitability. HSBC Holdings PLC on Monday saidit released a net $719 million, thanks largely to a better economic outlook.\nDividend payouts\nShares of all three Singapore-listed banks have recorded double-digit gains this year as the global economic rebound from a pandemic-induced recession led investors favor to “cyclical” stocks.\nMarkets or stocks that are “cyclical” rise and fall in conjunction with fluctuations of the economy.\nOCBC shares have risen 22.3% this year as of Monday — the largest gains among the banking trio. DBS and UOB have jumped by 21.3% and 15.7%, respectively. All three banks beat the benchmark’sStraits Times Index’s11.2% gain so far this year.\nAnalysts said the shares could get a further boost from higher-than-expected dividends.\nSingapore’s financial regulator, Monetary Authority of Singapore, said last week itwill not extend restrictions on bank dividend payments. Last year, MAS urged banks to cap dividends given the economic uncertainties during the Covid-19 pandemic.\nKrishna Guha, equity analyst from investment bank Jefferies, said the MAS announcement was a surprise.\n“We had expected caps to be lifted in phases. As such, complete re-instatement is a positive surprise,” Guha wrote in a report last week. He predicted that the three banks would raise dividends at least to pre-pandemic levels this year.\nJefferies has a “buy” rating on all three Singapore banks.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":804591048,"gmtCreate":1627962481484,"gmtModify":1631888426571,"author":{"id":"3561472805649521","authorId":"3561472805649521","name":"hlw8888","avatar":"https://static.tigerbbs.com/2ac2fb959ae09e12e50b3a31148fe95a","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"surge up on results day or sell on results?&nbsp;[疑问]&nbsp;","listText":"surge up on results day or sell on results?&nbsp;[疑问]&nbsp;","text":"surge up on results day or sell on results? [疑问]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/804591048","repostId":1121927855,"repostType":4,"repost":{"id":"1121927855","pubTimestamp":1627957618,"share":"https://www.laohu8.com/m/news/1121927855?lang=&edition=full","pubTime":"2021-08-03 10:26","market":"sg","language":"en","title":"Singapore’s top banks are reporting earnings this week. Here’s what to expect","url":"https://stock-news.laohu8.com/highlight/detail?id=1121927855","media":"CNBC","summary":"KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOve","content":"<div>\n<p>KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOversea-Chinese Banking Corp and United Overseas Bank will report earnings on Wednesday, while DBS ...</p>\n\n<a href=\"https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore’s top banks are reporting earnings this week. Here’s what to expect</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore’s top banks are reporting earnings this week. Here’s what to expect\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-03 10:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOversea-Chinese Banking Corp and United Overseas Bank will report earnings on Wednesday, while DBS ...</p>\n\n<a href=\"https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"U11.SI":"大华银行","D05.SI":"星展集团控股","O39.SI":"华侨银行"},"source_url":"https://www.cnbc.com/2021/08/03/singapore-banks-q2-earnings-what-to-expect-from-dbs-ocbc-uob.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1121927855","content_text":"KEY POINTS\n\nSingapore’s three largest banks are due to report second-quarter earnings this week.\nOversea-Chinese Banking Corp and United Overseas Bank will report earnings on Wednesday, while DBS Group Holdings will do so on Thursday.\nInvestors will be watching for any announcements on dividend payments, after the Monetary Authority of Singapore said it will not extend restrictions on bank dividends.\n\nSINGAPORE — Singapore’s top three banks are due to report second-quarter earnings this week, and investors will be watching for any announcements on dividend payments.\nOVERSEA-CHINESE BANKING CORP and UNITED OVERSEAS BANK LIMITED will report earnings on Wednesday, while the country’s largest bank DBS GROUP HOLDINGS LTD will do so on Thursday.\nHere’s what analysts are expecting from the banks’ financial report cards, according to estimates compiled by Refinitiv:\nEARNINGS ESTIMATES FOR SINGAPORE BANKSSOURSE: REFINITIV\n\n\n\nBANK\nQ2 NET INCOME\nYEAR-ON-YEAR CHANGE\n\n\n\n\nDBS\nSGD 1.42 billion\n+ 14.2%\n\n\nOCBC\nSGD 1.12 billion\n+ 53.4%\n\n\nUOB\nSGD 948.05 million\n+ 34.9%\n\n\n\n\nThe earnings reports come as Singapore reports a renewed increase in daily Covid-19 infections. Stricter social-distancing measures imposed in early-May led to a2% economic contractionin the second quarter compared to the previous three months, according to official advance estimates.\nGiven the continued threat of Covid — particularly the delta variant — on the economy, Singapore banks would likely keep provisions that they have set aside for potential loan losses, analysts said.\n“We do not believe banks will write back general provisions amidst the uncertain macroeconomic outlook,” said Rui Wen Lim, an equity analyst at DBS Group Research.\nSome banks in the U.S. and Europe have started releasing provisions in the second quarter, which helped boost their profitability. HSBC Holdings PLC on Monday saidit released a net $719 million, thanks largely to a better economic outlook.\nDividend payouts\nShares of all three Singapore-listed banks have recorded double-digit gains this year as the global economic rebound from a pandemic-induced recession led investors favor to “cyclical” stocks.\nMarkets or stocks that are “cyclical” rise and fall in conjunction with fluctuations of the economy.\nOCBC shares have risen 22.3% this year as of Monday — the largest gains among the banking trio. DBS and UOB have jumped by 21.3% and 15.7%, respectively. All three banks beat the benchmark’sStraits Times Index’s11.2% gain so far this year.\nAnalysts said the shares could get a further boost from higher-than-expected dividends.\nSingapore’s financial regulator, Monetary Authority of Singapore, said last week itwill not extend restrictions on bank dividend payments. Last year, MAS urged banks to cap dividends given the economic uncertainties during the Covid-19 pandemic.\nKrishna Guha, equity analyst from investment bank Jefferies, said the MAS announcement was a surprise.\n“We had expected caps to be lifted in phases. As such, complete re-instatement is a positive surprise,” Guha wrote in a report last week. He predicted that the three banks would raise dividends at least to pre-pandemic levels this year.\nJefferies has a “buy” rating on all three Singapore banks.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":267,"commentSize":44,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}