<p>[新加坡] 大华继显（UOBKH）表示，其针对新加坡和马来西亚的 “Alpha Picks” 投资组合在 2026 年 4 月表现远超各自的基准指数，周二（5 月 5 日）发布了相关信息。</p>
<p>新加坡投资组合在按等权重计算的基础上环比上涨 5.2%，在按价格加权计算的基础上上涨 1.6%。这显著超过了海峡时报指数（STI），后者在经历了 3 月的抛售后，4 月仅小幅上涨 0.6%。</p>
<p>更广泛的市场面临持续的全球地缘政治不确定性和 “霍尔木兹海没有机会开放”（Nacho）交易。新加坡市场的涨幅主要由科技股推动，涨幅为 5.2%，房地产投资信托（Reits）上涨 3.2%，而电信股则领跌，下降 5.4%。</p>
<p>新加坡投资组合的表现受到华中环球的推动，该股上涨 20.5%；益资源上涨 20.3%；而 Valuetronics 则上涨 15.3%。</p>
<p>相反，表现不佳的股票包括新电信，下降 7.1%；Sats，下降 6.3%；以及凯德，下降 5%。</p>
<h2>5 月新加坡新选股</h2>
<p>两只新股票——Beng Kuang Marine 和 Oiltek——被纳入 5 月的新加坡 Alpha Picks 投资组合。</p>
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<p>Beng Kuang 因收购其未持有的 Asom 剩余股份而被纳入，预计其盈利前景强劲，而 Oiltek 则因最近获得 14 亿马币（约 434 百万新元）的可持续航空燃料项目而被纳入。</p>
<p>益资源、PropNex、新电信和 Sats 被移出投资组合。大华继显对益资源、PropNex 和新电信获利了结，因为认为催化剂已被市场定价，而 Sats 则因短期情绪疲软可能影响该股而被移除。</p>
<p>因此，大华继显 5 月的新加坡 Alpha Picks 投资组合包括 Beng Kuang、中国航空油料、城市发展有限公司、食品帝国、丰隆亚洲、华中环球、凯德、NTT DC Reit、华侨银行、Oiltek、UltraGreen.ai 和 Valuetronics。</p>
<p>另见</p>
<p><img src="https://imageproxy.pbkrs.com/https://cassette.sphdigital.com.sg/image/businesstimes/a7a8f9b632085d34610d93f6e0a8029f7f9ec1f6416a42cfbedc0e70840ab0eb/query-ZHByPTEmZj13ZWJwJnc9MjQw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://cassette.sphdigital.com.sg/image/businesstimes/a7a8f9b632085d34610d93f6e0a8029f7f9ec1f6416a42cfbedc0e70840ab0eb/query-ZHByPTEmZj13ZWJwJnc9MjQw"/></p>
<h3>‘痛苦的三月’：大华继显的 Alpha Picks 表现不及 STI，伊朗战争引发抛售</h3>
<p><img src="https://imageproxy.pbkrs.com/https://cassette.sphdigital.com.sg/image/businesstimes/e7c94cc4a1ec088fed67127d9a508051f89e80ea609362ac5dbc016ee63f4b2a/query-ZHByPTEmZj13ZWJwJnc9MjQw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://cassette.sphdigital.com.sg/image/businesstimes/e7c94cc4a1ec088fed67127d9a508051f89e80ea609362ac5dbc016ee63f4b2a/query-ZHByPTEmZj13ZWJwJnc9MjQw"/></p>
<h3>大华继显的 ‘Alpha Picks’ 在 2 月表现优于 STI；凯德、新电信被纳入 3 月</h3>
<h2>马来西亚投资组合表现优于基准指数</h2>
<p>马来西亚的 Alpha Picks 投资组合在 4 月表现超越 FTSE Bursa Malaysia Kuala Lumpur Composite Index，平均回报率为 6.5%，而该指数仅上涨 1.9%。</p>
<p>更广泛的马来西亚市场受到美国 - 以色列 - 伊朗紧张局势缓解和临时停火延长的支持，推动了各类资产的风险偏好。</p>
<p>Oxford Innotech 上涨 28%，Pekat 上涨 22.1%，Gamuda 上涨 18.5%，为投资组合的涨幅提供了支撑。另一方面，Hap Seng Plantations 下跌 9.7%，Yinson 下跌 4.9%，RHB 银行下跌 3.6%，成为三大跌幅股。</p>
<h2>5 月新马来西亚新选股</h2>
<p>大华继显表示，5 月将采用 “杠铃策略”，在持续的中东地缘政治不确定性中，平衡防御性股票与风险偏好的周期性股票和机会性投资。</p>
<p>CIMB 和 Northeast 被纳入投资组合。</p>
<p>CIMB 被纳入是因为其在银行中提供最高的股息收益率，而印尼的宏观逆风已基本被市场定价。Northeast 因其在人工智能基础设施高规格精密组件生产中的更深参与而被选中。</p>
<p>与此同时，Lagenda Properties 和 RHB 银行因自首次纳入以来股价表现强劲而被移出 Alpha Picks。</p>
<p>大华继显 5 月的马来西亚 Alpha Picks 投资组合包括 CIMB、Gamuda、Hap Seng Plantations、MISC、Northeast、Oriental Kopi、Oxford Innotech、Pekat、Tenaga Nasional 和 Yinson。</p>
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益资源

华中环球

<p>UOB Kay Hian 的 “Alpha Picks” 投资组合在 2026 年 4 月的表现超过了其基准指数。新加坡投资组合环比上涨 5.2%，显著超过海峡时报指数的 0.6% 增幅。主要贡献者包括华中环球和益资源，而新电信则下跌了 7.1%。在 5 月，新加坡投资组合新增了 Beng Kuang Marine 和 Oiltek，同时移除了益资源和新电信。马来西亚投资组合同样表现出色，回报率为 6.5%，主要由 Oxford Innotech 和 Pekat 推动。5 月的新加入包括 CIMB 和 Northeast，而 Lagenda Properties 被移除</p>

<p>[SINGAPORE] The UOB Kay Hian (UOBKH) “Alpha Picks” portfolios for both Singapore and Malaysia strongly outperformed their respective benchmark indices in April 2026, said the brokerage on Tuesday (May 5).</p>
<div class="lb-trans"><p>[新加坡] 大华继显（UOBKH）表示，其针对新加坡和马来西亚的 “Alpha Picks” 投资组合在 2026 年 4 月表现远超各自的基准指数，周二（5 月 5 日）发布了相关信息。</p>
</div><p>The Singapore portfolio advanced 5.2 per cent month on month on an equal-weighted basis and 1.6 per cent on a price-weighted basis. This significantly outperformed the Straits Times Index (STI), which saw a modest 0.6 per cent increase in April following a sell-off in March.</p>
<div class="lb-trans"><p>新加坡投资组合在按等权重计算的基础上环比上涨 5.2%，在按价格加权计算的基础上上涨 1.6%。这显著超过了海峡时报指数（STI），后者在经历了 3 月的抛售后，4 月仅小幅上涨 0.6%。</p>
</div><p>The broader market faced continued global geopolitical uncertainties and “Not A Chance Hormuz Opens” (Nacho) trades. Gains in the Singapore market were led by technology, which rose 5.2 per cent, and real estate investment trusts (Reits), which were up 3.2 per cent, while telecommunications led declines at -5.4 per cent.</p>
<div class="lb-trans"><p>更广泛的市场面临持续的全球地缘政治不确定性和 “霍尔木兹海没有机会开放”（Nacho）交易。新加坡市场的涨幅主要由科技股推动，涨幅为 5.2%，房地产投资信托（Reits）上涨 3.2%，而电信股则领跌，下降 5.4%。</p>
</div><p>The Singapore portfolio’s performance was driven by gains in Huationg Global, which jumped 20.5 per cent; First Resources, which rose 20.3 per cent; and Valuetronics, which increased 15.3 per cent.</p>
<div class="lb-trans"><p>新加坡投资组合的表现受到华中环球的推动，该股上涨 20.5%；益资源上涨 20.3%；而 Valuetronics 则上涨 15.3%。</p>
</div><p>Conversely, underperformers included Singtel with a 7.1 per cent decline; Sats, which fell 6.3 per cent; and Keppel, which was down 5 per cent.</p>
<div class="lb-trans"><p>相反，表现不佳的股票包括新电信，下降 7.1%；Sats，下降 6.3%；以及凯德，下降 5%。</p>
</div><h2>New Singapore picks for May</h2>
<div class="lb-trans"><h2>5 月新加坡新选股</h2>
</div><p>Two new stocks – Beng Kuang Marine and Oiltek – were added to the Singapore Alpha Picks portfolio for May.</p>
<div class="lb-trans"><p>两只新股票——Beng Kuang Marine 和 Oiltek——被纳入 5 月的新加坡 Alpha Picks 投资组合。</p>
</div><h3>Navigate Asia in  a new global order</h3>
<div class="lb-trans"><h3>在新的全球秩序中导航亚洲</h3>
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<div class="lb-trans"><p>获取洞察信息，直接发送到您的邮箱。</p>
</div><p>Beng Kuang was added for its strong earnings outlook following the acquisition of the remaining stake in Asom that it did not own, while Oiltek was included due to a recent landmark RM1.4 billion (S$434 million) sustainable aviation fuel project win.</p>
<div class="lb-trans"><p>Beng Kuang 因收购其未持有的 Asom 剩余股份而被纳入，预计其盈利前景强劲，而 Oiltek 则因最近获得 14 亿马币（约 434 百万新元）的可持续航空燃料项目而被纳入。</p>
</div><p>First Resources , PropNex , Singtel and Sats were removed from the portfolio. UOBKH took profit on First Resources, PropNex and Singtel as catalysts are believed to be already priced in, while Sats was removed due to near-term weaker sentiment that may impact the stock.</p>
<div class="lb-trans"><p>益资源、PropNex、新电信和 Sats 被移出投资组合。大华继显对益资源、PropNex 和新电信获利了结，因为认为催化剂已被市场定价，而 Sats 则因短期情绪疲软可能影响该股而被移除。</p>
</div><p>UOBKH’s Singapore Alpha Picks portfolio for May thus comprises Beng Kuang, China Aviation Oil , City Developments Ltd , Food Empire , Hong Leong Asia , Huationg Global , Keppel , NTT DC Reit , OCBC , Oiltek, UltraGreen.ai and Valuetronics .</p>
<div class="lb-trans"><p>因此，大华继显 5 月的新加坡 Alpha Picks 投资组合包括 Beng Kuang、中国航空油料、城市发展有限公司、食品帝国、丰隆亚洲、华中环球、凯德、NTT DC Reit、华侨银行、Oiltek、UltraGreen.ai 和 Valuetronics。</p>
</div><p>SEE ALSO</p>
<div class="lb-trans"><p>另见</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://cassette.sphdigital.com.sg/image/businesstimes/a7a8f9b632085d34610d93f6e0a8029f7f9ec1f6416a42cfbedc0e70840ab0eb/query-ZHByPTEmZj13ZWJwJnc9MjQw" alt="" original-src="https://cassette.sphdigital.com.sg/image/businesstimes/a7a8f9b632085d34610d93f6e0a8029f7f9ec1f6416a42cfbedc0e70840ab0eb?w=240&amp;dpr=1&amp;f=webp"/></p>
<h3>‘A painful March’: UOBKH’s Alpha Picks underperform STI as Iran war triggers sell-offs</h3>
<div class="lb-trans"><h3>‘痛苦的三月’：大华继显的 Alpha Picks 表现不及 STI，伊朗战争引发抛售</h3>
</div><p><img src="https://imageproxy.pbkrs.com/https://cassette.sphdigital.com.sg/image/businesstimes/e7c94cc4a1ec088fed67127d9a508051f89e80ea609362ac5dbc016ee63f4b2a/query-ZHByPTEmZj13ZWJwJnc9MjQw" alt="" original-src="https://cassette.sphdigital.com.sg/image/businesstimes/e7c94cc4a1ec088fed67127d9a508051f89e80ea609362ac5dbc016ee63f4b2a?w=240&amp;dpr=1&amp;f=webp"/></p>
<h3>UOBKH’s ‘Alpha Picks’ outperform STI in February; Keppel, Singtel added for March</h3>
<div class="lb-trans"><h3>大华继显的 ‘Alpha Picks’ 在 2 月表现优于 STI；凯德、新电信被纳入 3 月</h3>
</div><h2>Malaysia portfolio outperforms benchmark index</h2>
<div class="lb-trans"><h2>马来西亚投资组合表现优于基准指数</h2>
</div><p>The Malaysia alpha picks outperformed the FTSE Bursa Malaysia Kuala Lumpur Composite Index by a wide margin, posting an average return of 6.5 per cent in April compared with the index’s 1.9 per cent advance.</p>
<div class="lb-trans"><p>马来西亚的 Alpha Picks 投资组合在 4 月表现超越 FTSE Bursa Malaysia Kuala Lumpur Composite Index，平均回报率为 6.5%，而该指数仅上涨 1.9%。</p>
</div><p>The broader Malaysian market was supported by easing US-Israel-Iran tensions and the extension of a temporary ceasefire, which sustained a risk-on tilt across asset classes.</p>
<div class="lb-trans"><p>更广泛的马来西亚市场受到美国 - 以色列 - 伊朗紧张局势缓解和临时停火延长的支持，推动了各类资产的风险偏好。</p>
</div><p>Oxford Innotech gained 28 per cent, Pekat was up 22.1 per cent and Gamuda rose 18.5 per cent, anchoring gains for the portfolio. On the other hand, Hap Seng Plantations fell 9.7 per cent, Yinson contracted 4.9 per cent and RHB Bank dropped 3.6 per cent as the three biggest decliners.</p>
<div class="lb-trans"><p>Oxford Innotech 上涨 28%，Pekat 上涨 22.1%，Gamuda 上涨 18.5%，为投资组合的涨幅提供了支撑。另一方面，Hap Seng Plantations 下跌 9.7%，Yinson 下跌 4.9%，RHB 银行下跌 3.6%，成为三大跌幅股。</p>
</div><h2>New Malaysia picks for May</h2>
<div class="lb-trans"><h2>5 月新马来西亚新选股</h2>
</div><p>For May, UOBKH said it is adopting a “barbell strategy” for Malaysia, balancing defensive stocks with risk-on cyclicals and opportunistic plays amid ongoing Middle East geopolitical uncertainties.</p>
<div class="lb-trans"><p>大华继显表示，5 月将采用 “杠铃策略”，在持续的中东地缘政治不确定性中，平衡防御性股票与风险偏好的周期性股票和机会性投资。</p>
</div><p>CIMB and Northeast were new additions to the portfolio.</p>
<div class="lb-trans"><p>CIMB 和 Northeast 被纳入投资组合。</p>
</div><p>CIMB was added because it provides the highest dividend yield among banks, and Indonesian macro headwinds are largely priced in. Northeast was selected for its deeper participation in the production of high-spec precision components for artificial intelligence infrastructure.</p>
<div class="lb-trans"><p>CIMB 被纳入是因为其在银行中提供最高的股息收益率，而印尼的宏观逆风已基本被市场定价。Northeast 因其在人工智能基础设施高规格精密组件生产中的更深参与而被选中。</p>
</div><p>Meanwhile, Lagenda Properties and RHB Bank were dropped from the alpha picks following their strong share-price outperformance since their initial inclusion.</p>
<div class="lb-trans"><p>与此同时，Lagenda Properties 和 RHB 银行因自首次纳入以来股价表现强劲而被移出 Alpha Picks。</p>
</div><p>UOBKH’s May Malaysia Alpha Picks portfolio is made up of CIMB, Gamuda, Hap Seng Plantations, MISC, Northeast, Oriental Kopi, Oxford Innotech, Pekat, Tenaga Nasional and Yinson.</p>
<div class="lb-trans"><p>大华继显 5 月的马来西亚 Alpha Picks 投资组合包括 CIMB、Gamuda、Hap Seng Plantations、MISC、Northeast、Oriental Kopi、Oxford Innotech、Pekat、Tenaga Nasional 和 Yinson。</p>
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</div>

UOBKH 的 ‘Alpha Picks’ 在四月份的表现优于 STI；Oiltek 被纳入五月名单，而 Singtel 被移除