Stocks to Watch on Monday | Lianhe Zaobao

U.S. inflation data for November cooled faster than expected, boosting investors' expectations that the Federal Reserve will continue to cut interest rates in January; as a result, the concerns about the artificial intelligence (AI) valuation bubble that had been pervasive in the market last week have significantly eased. The tech-heavy Nasdaq index rose 1.31% last Friday (December 19), the S&P 500 index increased by 0.88%, and the Dow Jones Industrial Average climbed 0.38%. Among them, chip manufacturer Micron's stock price soared 13% at one point during trading last Friday, ultimately closing up 6.99%. The company predicted that, driven by AI-related demand, its quarterly profits could nearly double analysts' expectations. The FTSE Straits Times Index rose during trading last Friday but later retreated, closing at 4569.78 points, nearly flat. Here are some stocks to watch when the market opens on Monday (22nd): Seatrium announced before the market opens on Monday that its subsidiary Seatrium Energy (International) has reached a settlement with a Maersk affiliate. The two parties had previously initiated arbitration due to a dispute over a $475 million (approximately SGD 617 million) offshore wind installation vessel project contract. According to the settlement agreement, Seatrium Energy (International) will deliver the vessel by February 28, 2026, and Maersk will pay the remaining contract price of $360 million (approximately SGD 465 million) upon receipt of the vessel. Both parties also agreed to withdraw and terminate all legal proceedings, and the contract will remain valid; considering financial impacts and litigation risks, the settlement is deemed the "best solution." Further Reading Kitco Survey: 29% Favor Gold and 51% Favor Silver as the Big Winners in the Metal Market Next Year [U.S. Inflation Eases, Boosting Asian Stock Markets; Local Stock Market Flat ![](https://dss0.zbstatic5.com/s3fs-public/styles/article_small_crop/public/articles/2025/12/19/533A2998_1.jpg? HaiTing also added that as of the announcement, the completion progress of the relevant project is approximately 99.8%; it is expected that this matter will not have any significant impact on the company's net tangible assets and earnings per share for the fiscal year ending in 2025. HaiTing's stock price closed at SGD 2.07 last Friday, unchanged. Thai Beverage was downgraded to a "negative" outlook by Fitch Ratings last Friday, reflecting the company's high leverage risks over the next 12 to 18 months, and confirmed the Issuer Default Rating at BBB-. Fitch pointed out that Thai Beverage's net leverage ratio at the end of the fiscal year 2025 as of the end of September has risen from 3.8 times the previous year to 4.1 times, and is expected to remain above 3.5 times in fiscal year 2026. "In the absence of significant improvement in operating performance, the company should adopt a more prudent capital preservation strategy." Thai Beverage's stock price closed at SGD 0.46 last Friday, down 1.08%. HS Optimus Holdings announced last Friday that its wholly-owned subsidiary Ambertree has signed a sale and purchase agreement with an educational institution in Melbourne, Australia, to sell assets located at 23 to 31 Lincoln Square South, Carlton, Melbourne, for AUD 19.7 million (approximately SGD 16.75 million), with a sale profit of approximately AUD 6.12 million (approximately SGD 5.2 million). The asset covers an area of approximately 906 square meters, is five stories high, and has a building area of about 3,745 square meters, and has previously obtained permission to construct a purpose-built student accommodation (PBSA). HS Optimus Holdings' stock price closed at SGD 0.004 last Friday, up 33.333%