Brokers' take

Hotung Investment Holdings > Buy RHB Research, Jan 20 Target price: S$1.90 Jan 20 close: S$1.515

HOTUNG is one of the pioneers in the venture capital business, with over 30 years of investment and fund management experience. The group operates primarily in Taiwan, China, and Silicon Valley and has listed 200 companies on major exchanges around the world.

Hotung targets its investments towards select industries such as biotechnology, e-commerce, materials and smart home key components.