The Business Times
business-time-50
SUBSCRIBERS

Brokers' take

google-preferred-sourceAdd BT as a preferred source
Published Tue, Jan 17, 2017 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    China Aviation Oil | Add (Initiation) Target price: S$2.00 Jan 17 close: S$1.54 CIMB Research, Jan 16

    CHINA Aviation Oil (CAO) is the sole jet fuel importer to China, supplying 30-40 per cent of China's overall jet fuel supply. Imported (or bonded) jet fuel can only be utilised by outbound flights from China.

    In our view, CAO is a proxy for China's burgeoning international aviation, which is set to grow with the country's increased urbanisation and "outward-looking" investment policies.

    Copyright SPH Media. All rights reserved.

    Reuse this contentFeedback

    TRENDING NOW

    DBS filed the bankruptcy application after serving statutory demands to the directors of Autobahn Rent A Car in December 2025.

    Autobahn Rent A Car directors declared bankrupt over S$50 million each owed to DBS

    Chinese Foreign Minister Wang Yi stopped short of explicitly naming the US or Israel as aggressors, a telling omission from a country that otherwise speaks with little diplomatic timidity.

    Beijing’s calculated silence on the Iran war 

    Eu Yan Sang group chairman Richard Eu has been with the company since 1989 and has seen plenty of change over the years, such as how employees view their jobs.

    Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant

    Malaysia Madani, or Civil Malaysia, is Prime Minister Anwar Ibrahim's slogan encapsulating positive values (such as humanity and strong governance) that would shape policy direction. But the "corporate mafia" claims have now cast the spotlight on governance credibility.

    From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More