iFast, DNA, China LongYuan, AEM Holdings

1.) iFAST Weatlh Management Fintech

iFAST Corporation Ltd. is a wealth management fintech platform with assets under administration of S$17.54 billion as at 30 June 2021. The company has an established B2B and B2C platforms in Singapore, Hong Kong, Malaysia, China and India. Currently, the company has more than 12,000 investment products, including over 7,800 funds.

Management posited that the robust growth seen by the Group in recent times has resulted from its past investment in building up a strong integrated digital wealth management platform. The following are the company’s financial performances over the past few years.

2.) Ginkgo Bioworks (DNA)

Ginkgo Bioworks (DNA) is a synthetic biology platform company that went public in September, Ginkgo Bioworks is pioneering synthetic biology, which could change how we produce goods and materials.

Ginkgo Bioworks stock rised by 11.45% last week dismissing baseless claims and shorts by Scorpion Capital LLC. While Codebase is a library containing all Ginkgo's genetic data accumulated over time. As Ginkgo develops more organisms, its codebase becomes larger, we believe the short term significant short pressure to be lifted after the market digests the report’s claims Ginkgo Bioworks could be poised for a rebound.

3.) China Longyuan

China Longyuan is Asia’s largest and the world’s second largest wind-farm operator, with total operational experience over 20 years. The total consolidated capacity of wind farms reached 20,032MW as of year 2019. The group has also developed projects across 29 provinces and autonomous regions in China and overseas.

Longyuan announced in January this year regarding it’s a-share listig via Mongolia Pingzhuang Energy. Longyuan-A will purchase 2.042GW high quality pure wind assets with 16.8% ROE from subsidiaries of CHN Energy (not-listed) via asset swap among Pingzhuang, Longyuan-A and CHN energy. Daiwa expects this deal as being value-accretive for Longyuan given it grants Longyuan access to future financing via the A-share platform. Year-to-date, Longyuan’s share price is up 114%.

4.) AEM Holdings

AEM Holdings is a solutions provider for back-end testing of semiconductor manufacturing process. The company works closely with its key customer, Intel to design, engineer and manufacture test handlers. Semiconductors are expected to remain in high demand over the next few years. Global ramp up in semiconductor sector and higher demand for digitalization as well as electronics have driven the demand for chips.

Intel is also expanding their foundry business to produce more chips. This implies that there will be more demand for testing, which is an opportunity for AEM to increase its revenue significantly over the next few years. Temasek, Singapore’s sovereign wealth fund, has 10% stake in AEM Holdings.