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Brokers' take

Sheng Siong.jpg
Sheng Siong remains a top pick for the consumer sector and we expect its business to remain resilient despite the macroeconomic headwinds.

Jumbo Group | Buy
Jan 13 close: S$0.455
Target price: S$0.58

Maybank Kim Eng, Jan 13

Nuggets of information gleaned from our recent meeting suggest a faster turnaround for its new China outlets. Raffles City Shanghai's startup costs could be