Singapore Stock Market News

UOB - Property-related loans take a hit

StockFanatic
Publish date: Mon, 09 Jul 2018, 03:53 PM
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• Property-related loans would be affected by newly introduced cooling measures

• UOB, having the largest property-related loans exposure, may see slower than expected loans growth

• Stock price may be well-supported in the meantime as it offers c. 3.7% dividend yield; potential dividend upside may be a catalyst

• Downgrade to HOLD, TP S$28.30 Read More
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