Soon malay archipelago will end up with same fate as Manchuria, tibet, inner Mongolia, Xinjiang...... A very bleak sinicised future

[syed putra]

Chinese firms seek closer ties with Malaysia, Mr DIY may benefit — HSBC
By Jason Ng / theedgemalaysia.com
18 Mar 2024, 01:33 pm
main news image
The Edge filepix for illustration purpose only.

KUALA LUMPUR (March 18): Companies in China are increasingly investing and trading more with Malaysia and Southeast Asia as they seek new markets, cut costs and lower geopolitical risks, said HSBC.

Malaysia, among other Southeast Asian nations, now offers “clear advantage” with average wages at just 75% of those in China, according to HSBC’s strategy note. Malaysian consumers benefit from higher product range and often at lower prices, while importers of Chinese products also benefit, HSBC said.

Home improvement company MR DIY Group (M) Bhd is “enjoying lower costs from its Chinese imports, benefiting margins,” said HSBC. However, Malaysia’s medical glove manufacturers have been “hit particularly hard”, with margins and profits hurt by intense competition and oversupply, it noted.


HSBC has a “buy” call on Mr DIY with a target price of RM2.06, which values the company at 30 times its forward earnings, justified by its high return-on-equity, “consistent mid-teen” free cash flow margin, and 14% average annual earnings growth over 2023-2026. The stock was last at RM1.51.

China has been Malaysia’s biggest trading partner since 2009, while Malaysia, which mainly exports electrical and electronic products, is China’s largest trading partner in Southeast Asia after Vietnam. Malaysia is also dominant in semiconductor packaging, assembly and testing within the region.

Chinese semiconductor firms have partnered with Malaysian companies like Inari Amertron Bhd in advanced chips packaging, while Xfusion Digital Technologies Co Ltd has partnered with NationGate Holdings Bhd to set up a production centre for graphic processing unit servers in Penang.

Solar panel maker Longi, the world’s largest monocrystalline silicon manufacturer, has set up subsidiaries in Southeast Asia and is building three factories in Malaysia.

“While China dominates the production of electronics, Malaysia, Thailand, Singapore and now Vietnam provide a platform to produce a variety of electronic components and parts,” HSBC highlighted in a report on China’s presence in Southeast Asia.

Malaysia has developed “a strong foundation in solar module manufacturing and tech outsourcing”, with rising production as manufacturers shift their bases from China to avoid Western sanctions, HSBC added.

 

[ilovechinesegal]

As long hui chink gals don't come over to know syed tat is fine.

 

[Willamshakespear]

Make your choice, Mr Syed Putra

Sinicised or Islamicised future for Polynesian Malays & others whom fled fromy tyranny, lived in the rich fertile lush valleys of South East Asia & made this region OUR Home, regardless if we are called Vietnamese, Thais, Malaysians, Singaporeans, Indonesians, Bruneians, etc.

We who lived here are NOT Arabs, Europeans or ever will be included in CCP main Politburo. We will NEVER be welcomed & treated as their equals.

To them, we are but slaves or as canon fodders to the empire building efforts, since the 7th century. Still not enough of surrendering efforts of our hard work, our hard earned wealth, bending down or grovel on knees to them & their ENFORCED Religion & Ideologies?

 

[k1976]

Chinese firms seek closer ties with Malaysia, Mr DIY may benefit — HSBC
By Jason Ng / theedgemalaysia.com
18 Mar 2024, 01:33 pm
main news image
The Edge filepix for illustration purpose only.

KUALA LUMPUR (March 18): Companies in China are increasingly investing and trading more with Malaysia and Southeast Asia as they seek new markets, cut costs and lower geopolitical risks, said HSBC.

Malaysia, among other Southeast Asian nations, now offers “clear advantage” with average wages at just 75% of those in China, according to HSBC’s strategy note. Malaysian consumers benefit from higher product range and often at lower prices, while importers of Chinese products also benefit, HSBC said.

Home improvement company MR DIY Group (M) Bhd is “enjoying lower costs from its Chinese imports, benefiting margins,” said HSBC. However, Malaysia’s medical glove manufacturers have been “hit particularly hard”, with margins and profits hurt by intense competition and oversupply, it noted.


HSBC has a “buy” call on Mr DIY with a target price of RM2.06, which values the company at 30 times its forward earnings, justified by its high return-on-equity, “consistent mid-teen” free cash flow margin, and 14% average annual earnings growth over 2023-2026. The stock was last at RM1.51.

China has been Malaysia’s biggest trading partner since 2009, while Malaysia, which mainly exports electrical and electronic products, is China’s largest trading partner in Southeast Asia after Vietnam. Malaysia is also dominant in semiconductor packaging, assembly and testing within the region.

Chinese semiconductor firms have partnered with Malaysian companies like Inari Amertron Bhd in advanced chips packaging, while Xfusion Digital Technologies Co Ltd has partnered with NationGate Holdings Bhd to set up a production centre for graphic processing unit servers in Penang.

Solar panel maker Longi, the world’s largest monocrystalline silicon manufacturer, has set up subsidiaries in Southeast Asia and is building three factories in Malaysia.

“While China dominates the production of electronics, Malaysia, Thailand, Singapore and now Vietnam provide a platform to produce a variety of electronic components and parts,” HSBC highlighted in a report on China’s presence in Southeast Asia.

Malaysia has developed “a strong foundation in solar module manufacturing and tech outsourcing”, with rising production as manufacturers shift their bases from China to avoid Western sanctions, HSBC added.

Indon moving new Capital to Borneo, to help those borneo people who never enjoy ever-growing prosperity, Cik Syed Kym?

 

[k1976]