China Unveils Car Tax Cut Details in Bid to Boost Spending
Purchase tax cut by half on cars under $45,000 sold from June
No cars were sold at all in Shanghai last month amid lockdowns
https://www.bloomberg.com/news/articles/2022-05-31/china-slashes-purchase-tax-for-some-cars-in-bid-to-spur-spending

China Factory Activity Gradually Improves in May
Manufacturing PMI rises to 49.6, contracting at slower pace
Covid, international factors had ‘great impact,’ NBS says
https://www.bloomberg.com/news/articles/2022-05-31/china-factory-activity-contracts-again-as-lockdowns-curb-output

SHANGHAI/BEIJING (Reuters) -- Shanghai on Monday announced an end to its two-month long COVID-19 lockdown, allowing people in virus-free areas of China's largest city to leave their homes and drive their cars.

China reported the fewest new Covid-19 cases in almost three months, with the easing of outbreaks in Beijing and Shanghai emboldening authorities to relax some of the strictest virus controls of the pandemic and move to stimulate the country’s faltering economy.

https://klse.i3investor.com/web/pricetarget/research/63497

TP 1.69

Brent Crude Tops $120 as Shanghai Eases Curbs, EU Leaders Meet
Key Chinese city will ease lockdown as manufacturers restart
EU yet to hammer out deal to restrict imports of Russian crude
https://www.bloomberg.com/news/articles/2022-05-29/oil-stable-at-week-s-open-as-investors-weigh-china-eu-talks

https://klse.i3investor.com/web/blog/detail/rhbinvest/2022-04-28-story-h1622323484-Unisem_M_Robust_Order_Visibility_Still_Stay_BUY

Philadelphia Semiconductor Index (SOX) was up 4.03 percent on Friday.

New deals increase Malaysia semiconductor prospects
https://www.dailyexpress.com.my/news/193129/new-deals-increase-malaysia-semiconductor-prospects/

https://themalaysianreserve.com/2022/05/27/dnex-3q-earnings-boosted-by-energy-tech-businesses/amp/

Philadelphia Semiconductor Index was up 4.03 percent on Friday.

Philadelphia Semiconductor Index was up 4.03 percent on Friday.

Dip Buyers Storm Back to Stocks After Selloff
Investors add about $20 billion to global equity funds in week
Summer rally ‘bandwagon’ is growing, say BofA strategists
https://www.bloomberg.com/news/articles/2022-05-27/stock-funds-see-biggest-inflows-in-10-weeks-as-dip-buyers-return

"Kelington Group a unique Malaysian proxy to global semiconductor space"
https://www.nst.com.my/business/2022/05/799234/kelington-group-unique-malaysian-proxy-global-semiconductor-space

Jim Cramer: Why Nvidia’s Lazarus-like rise could signal a change in this jittery market
https://www.cnbc.com/2022/05/26/jim-cramer-why-nvidias-rise-could-signal-a-change-in-this-jittery-market.html

New deals increase Malaysia semiconductor prospects
https://www.dailyexpress.com.my/news/193129/new-deals-increase-malaysia-semiconductor-prospects/

oil price has been surging.

Singapore's manufacturing output expands 6.2% in April on semiconductor, aerospace demand
https://www.channelnewsasia.com/business/manufacturing-output-april-edb-semiconductor-aerospace-2708706

(Bloomberg) -- It’s time to buy the dip in stocks, particularly in Europe and emerging markets, on their appealing valuations after a steep global selloff, according to strategists at Citigroup Inc.
https://bitcoinpress.co.uk/citi-strategists-say-buy-the-dip-in-stocks-on-healthy-returns/

Retail inflows at nearly all-time high despite market turbulence
https://www.reuters.com/markets/wealth/retail-inflows-nearly-all-time-high-despite-market-turbulence-2022-05-25/

Traders Defy Fed Hawks as Half-Point Hike in July in Doubt
Swaps no longer price 100 basis points over next two meetings
Most Fed officials see need for half-point hikes, minutes show
https://www.bloomberg.com/news/articles/2022-05-25/traders-begin-to-doubt-a-third-half-point-fed-rate-hike-in-july

KUALA LUMPUR: Malaysia's economic recovery will continue to be resilient, as the Leading Index (LI) level continues to show an upward trend, rising to 111.3 points in March 2022 from 110.9 points in February 2022, said the Statistics Department (DoSM).

MSIA: US deals boost Malaysia's semiconductor supply chain
https://www.nst.com.my/news/nation/2022/05/799291/msia-us-deals-boost-malaysias-semiconductor-supply-chain

MSIA: US deals boost Malaysia's semiconductor supply chain
https://www.nst.com.my/news/nation/2022/05/799291/msia-us-deals-boost-malaysias-semiconductor-supply-chain

https://www.bloomberg.com/news/articles/2022-05-22/after-5-trillion-rout-emerging-markets-seek-turnaround-signal
After $5 Trillion Rout, Emerging Markets Seek Turnaround Signal

After $5 Trillion Rout, Emerging Markets Seek Turnaround Signal
https://www.bloomberg.com/news/articles/2022-05-22/after-5-trillion-rout-emerging-markets-seek-turnaround-signal

Dnex on track to become a global tech player
https://www.thestar.com.my/business/business-news/2022/05/19/dnex-on-track-to-become-a-global-tech-player

Azmin: Malaysia attracts new investments worth RM16.52b from the US
https://www.theedgemarkets.com/article/azmin-malaysia-attracts-new-investments-worth-rm1652b-us

https://www.theedgemarkets.com/article/azmin-malaysia-attracts-new-investments-worth-rm1652b-us

Highlight - MoF: 1Q22 GDP growth, economic indicators indicate economic recovery has begun - http://www.theedgemarkets.com/article/mof-1q22-gdp-growth-economic-indicators-indicate-economic-recovery-has-begun

Highlight - MoF: 1Q22 GDP growth, economic indicators indicate economic recovery has begun - http://www.theedgemarkets.com/article/mof-1q22-gdp-growth-economic-indicators-indicate-economic-recovery-has-begun

Apple Looks to Boost Production Outside China
iPhone maker tells suppliers it wants to manufacture more in India and Southeast Asia

https://www.wsj.com/amp/articles/apple-looks-to-boost-production-outside-china-11653142077

China’s Stimulus Tops $5 Trillion as Covid Zero Batters Economy
Bloomberg’s calculation is based on monetary, fiscal measures
https://www.bloomberg.com/news/articles/2022-05-19/china-s-stimulus-tops-5-trillion-as-covid-zero-batters-economy

迪耐与富士康联手设厂 收益料超过硅佳大马年收入 - https://www.chinapress.com.my/20220518/迪耐与富士康联手设厂-收益料超过矽佳大马年收入/

迪耐与富士康联手设厂 收益料超过硅佳大马年收入 - https://www.chinapress.com.my/20220518/迪耐与富士康联手设厂-收益料超过矽佳大马年收入/

Bursa tech sell-off a great opportunity to buy
https://themalaysianreserve.com/2022/05/13/bursa-tech-sell-off-a-great-opportunity-to-buy/amp/

DNex, Taiwanese partner Foxconn to build wafer fabrication plant in Malaysia
https://www.nst.com.my/amp/business/2022/05/797015/dnex-taiwanese-partner-foxconn-build-wafer-fabrication-plant-malaysia

War pushes up noble gas prices for semiconductor industry
https://www.thehindu.com/business/war-pushes-up-noble-gas-prices-for-semiconductor-industry/article65424204.ece/amp/

War pushes up noble gas prices for semiconductor industry
https://www.thehindu.com/business/war-pushes-up-noble-gas-prices-for-semiconductor-industry/article65424204.ece/amp/

Taiwan's Foxconn plans to build chip facility in Malaysia amid EV push
https://asia.nikkei.com/Business/Tech/Semiconductors/Taiwan-s-Foxconn-plans-to-build-chip-facility-in-Malaysia-amid-EV-push

Philadelphia Semiconductor Index was up 5.01 percent yesterday

Philadelphia Semiconductor Index was up 5.01 percent yesterday.

Philadelphia Semiconductor Index (SOX) was up 5.01 percent yesterday.

China Economy Czar Vows Support for Tech Firms After Crackdown
Vice Premier Liu He voices rare public support for the sector
Comments suggest Beijing may be letting up on tech clampdown
https://www.bloomberg.com/news/articles/2022-05-17/china-s-liu-signals-further-support-for-tech-sector

Tech - APEC auto industry accelerates uptake of new-technology vehicles - http://www.theedgemarkets.com/article/apec-auto-industry-accelerates-uptake-newtechnology-vehicles

WASHINGTON D.C.: Malaysia has secured nearly RM2 billion investment from semiconductor company TF AMD Microelectronics (Penang) Sdn Bhd following the handover of Malaysian Investment Development Authority's (MIDA) approval letter to the company on Thursday.
https://www.theedgemarkets.com/article/malaysia-bags-nearly-rm2b-investment-tf-amd

分析：大华继显研究

目标价：4.80令吉

最新进展：

阁代科技（GREATEC，0208，主板科技板）2022财年首季，净利按年下跌38%，至2893万2000令吉，因为新项目费用增加，及为确保及时交付导致分包合约费用走高。

同时，首季营业额按年提升7.37%，至1亿215万6000令吉，归功于电动车能源存储相关订单带动。

【行家论股/视频】阁代科技 首季财报远逊预期 - https://www.enanyang.my/行家论股/【行家论股视频】阁代科技-首季财报远逊预期

Greatech keen on Europe expansion
https://www.thestar.com.my/business/business-news/2022/04/15/greatech-keen-on-europe-expansion

Saudi Aramco’s Profit Soars as Oil Prices and Output Jump
Firm’s net income rose to almost $40 billion in first quarter
Aramco follows Big Oil rivals such as BP with bumper earnings
https://www.bloomberg.com/news/articles/2022-05-15/saudi-aramco-s-profit-soars-as-oil-prices-and-production-jump