<p>[新加坡] 大華繼顯（UOBKH）表示，其針對新加坡和馬來西亞的 “Alpha Picks” 投資組合在 2026 年 4 月表現遠超各自的基準指數，週二（5 月 5 日）發佈了相關信息。</p>
<p>新加坡投資組合在按等權重計算的基礎上環比上漲 5.2%，在按價格加權計算的基礎上上漲 1.6%。這顯著超過了海峽時報指數（STI），後者在經歷了 3 月的拋售後，4 月僅小幅上漲 0.6%。</p>
<p>更廣泛的市場面臨持續的全球地緣政治不確定性和 “霍爾木茲海沒有機會開放”（Nacho）交易。新加坡市場的漲幅主要由科技股推動，漲幅為 5.2%，房地產投資信託（Reits）上漲 3.2%，而電信股則領跌，下降 5.4%。</p>
<p>新加坡投資組合的表現受到華中環球的推動，該股上漲 20.5%；益資源上漲 20.3%；而 Valuetronics 則上漲 15.3%。</p>
<p>相反，表現不佳的股票包括新電信，下降 7.1%；Sats，下降 6.3%；以及凱德，下降 5%。</p>
<h2>5 月新加坡新選股</h2>
<p>兩隻新股票——Beng Kuang Marine 和 Oiltek——被納入 5 月的新加坡 Alpha Picks 投資組合。</p>
<h3>在新的全球秩序中導航亞洲</h3>
<p>獲取洞察信息，直接發送到您的郵箱。</p>
<p>Beng Kuang 因收購其未持有的 Asom 剩餘股份而被納入，預計其盈利前景強勁，而 Oiltek 則因最近獲得 14 億馬幣（約 434 百萬新元）的可持續航空燃料項目而被納入。</p>
<p>益資源、PropNex、新電信和 Sats 被移出投資組合。大華繼顯對益資源、PropNex 和新電信獲利了結，因為認為催化劑已被市場定價，而 Sats 則因短期情緒疲軟可能影響該股而被移除。</p>
<p>因此，大華繼顯 5 月的新加坡 Alpha Picks 投資組合包括 Beng Kuang、中國航空油料、城市發展有限公司、食品帝國、豐隆亞洲、華中環球、凱德、NTT DC Reit、華僑銀行、Oiltek、UltraGreen.ai 和 Valuetronics。</p>
<p>另見</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’：大華繼顯的 Alpha Picks 表現不及 STI，伊朗戰爭引發拋售</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>大華繼顯的 ‘Alpha Picks’ 在 2 月表現優於 STI；凱德、新電信被納入 3 月</h3>
<h2>馬來西亞投資組合表現優於基準指數</h2>
<p>馬來西亞的 Alpha Picks 投資組合在 4 月表現超越 FTSE Bursa Malaysia Kuala Lumpur Composite Index，平均回報率為 6.5%，而該指數僅上漲 1.9%。</p>
<p>更廣泛的馬來西亞市場受到美國 - 以色列 - 伊朗緊張局勢緩解和臨時停火延長的支持，推動了各類資產的風險偏好。</p>
<p>Oxford Innotech 上漲 28%，Pekat 上漲 22.1%，Gamuda 上漲 18.5%，為投資組合的漲幅提供了支撐。另一方面，Hap Seng Plantations 下跌 9.7%，Yinson 下跌 4.9%，RHB 銀行下跌 3.6%，成為三大跌幅股。</p>
<h2>5 月新馬來西亞新選股</h2>
<p>大華繼顯表示，5 月將採用 “槓鈴策略”，在持續的中東地緣政治不確定性中，平衡防禦性股票與風險偏好的週期性股票和機會性投資。</p>
<p>CIMB 和 Northeast 被納入投資組合。</p>
<p>CIMB 被納入是因為其在銀行中提供最高的股息收益率，而印尼的宏觀逆風已基本被市場定價。Northeast 因其在人工智能基礎設施高規格精密組件生產中的更深參與而被選中。</p>
<p>與此同時，Lagenda Properties 和 RHB 銀行因自首次納入以來股價表現強勁而被移出 Alpha Picks。</p>
<p>大華繼顯 5 月的馬來西亞 Alpha Picks 投資組合包括 CIMB、Gamuda、Hap Seng Plantations、MISC、Northeast、Oriental Kopi、Oxford Innotech、Pekat、Tenaga Nasional 和 Yinson。</p>
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益資源

華中環球

<p>UOB Kay Hian 的 “Alpha Picks” 投資組合在 2026 年 4 月的表現超過了其基準指數。新加坡投資組合環比上漲 5.2%，顯著超過海峽時報指數的 0.6% 增幅。主要貢獻者包括華中環球和益資源，而新電信則下跌了 7.1%。在 5 月，新加坡投資組合新增了 Beng Kuang Marine 和 Oiltek，同時移除了益資源和新電信。馬來西亞投資組合同樣表現出色，回報率為 6.5%，主要由 Oxford Innotech 和 Pekat 推動。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] 大華繼顯（UOBKH）表示，其針對新加坡和馬來西亞的 “Alpha Picks” 投資組合在 2026 年 4 月表現遠超各自的基準指數，週二（5 月 5 日）發佈了相關信息。</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>新加坡投資組合在按等權重計算的基礎上環比上漲 5.2%，在按價格加權計算的基礎上上漲 1.6%。這顯著超過了海峽時報指數（STI），後者在經歷了 3 月的拋售後，4 月僅小幅上漲 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>更廣泛的市場面臨持續的全球地緣政治不確定性和 “霍爾木茲海沒有機會開放”（Nacho）交易。新加坡市場的漲幅主要由科技股推動，漲幅為 5.2%，房地產投資信託（Reits）上漲 3.2%，而電信股則領跌，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>新加坡投資組合的表現受到華中環球的推動，該股上漲 20.5%；益資源上漲 20.3%；而 Valuetronics 則上漲 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，表現不佳的股票包括新電信，下降 7.1%；Sats，下降 6.3%；以及凱德，下降 5%。</p>
</div><h2>New Singapore picks for May</h2>
<div class="lb-trans"><h2>5 月新加坡新選股</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>兩隻新股票——Beng Kuang Marine 和 Oiltek——被納入 5 月的新加坡 Alpha Picks 投資組合。</p>
</div><h3>Navigate Asia in  a new global order</h3>
<div class="lb-trans"><h3>在新的全球秩序中導航亞洲</h3>
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<div class="lb-trans"><p>獲取洞察信息，直接發送到您的郵箱。</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 因收購其未持有的 Asom 剩餘股份而被納入，預計其盈利前景強勁，而 Oiltek 則因最近獲得 14 億馬幣（約 434 百萬新元）的可持續航空燃料項目而被納入。</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>益資源、PropNex、新電信和 Sats 被移出投資組合。大華繼顯對益資源、PropNex 和新電信獲利了結，因為認為催化劑已被市場定價，而 Sats 則因短期情緒疲軟可能影響該股而被移除。</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，大華繼顯 5 月的新加坡 Alpha Picks 投資組合包括 Beng Kuang、中國航空油料、城市發展有限公司、食品帝國、豐隆亞洲、華中環球、凱德、NTT DC Reit、華僑銀行、Oiltek、UltraGreen.ai 和 Valuetronics。</p>
</div><p>SEE ALSO</p>
<div class="lb-trans"><p>另見</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’：大華繼顯的 Alpha Picks 表現不及 STI，伊朗戰爭引發拋售</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>大華繼顯的 ‘Alpha Picks’ 在 2 月表現優於 STI；凱德、新電信被納入 3 月</h3>
</div><h2>Malaysia portfolio outperforms benchmark index</h2>
<div class="lb-trans"><h2>馬來西亞投資組合表現優於基準指數</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>馬來西亞的 Alpha Picks 投資組合在 4 月表現超越 FTSE Bursa Malaysia Kuala Lumpur Composite Index，平均回報率為 6.5%，而該指數僅上漲 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>更廣泛的馬來西亞市場受到美國 - 以色列 - 伊朗緊張局勢緩解和臨時停火延長的支持，推動了各類資產的風險偏好。</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 上漲 28%，Pekat 上漲 22.1%，Gamuda 上漲 18.5%，為投資組合的漲幅提供了支撐。另一方面，Hap Seng Plantations 下跌 9.7%，Yinson 下跌 4.9%，RHB 銀行下跌 3.6%，成為三大跌幅股。</p>
</div><h2>New Malaysia picks for May</h2>
<div class="lb-trans"><h2>5 月新馬來西亞新選股</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>大華繼顯表示，5 月將採用 “槓鈴策略”，在持續的中東地緣政治不確定性中，平衡防禦性股票與風險偏好的週期性股票和機會性投資。</p>
</div><p>CIMB and Northeast were new additions to the portfolio.</p>
<div class="lb-trans"><p>CIMB 和 Northeast 被納入投資組合。</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 被納入是因為其在銀行中提供最高的股息收益率，而印尼的宏觀逆風已基本被市場定價。Northeast 因其在人工智能基礎設施高規格精密組件生產中的更深參與而被選中。</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>與此同時，Lagenda Properties 和 RHB 銀行因自首次納入以來股價表現強勁而被移出 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>大華繼顯 5 月的馬來西亞 Alpha Picks 投資組合包括 CIMB、Gamuda、Hap Seng Plantations、MISC、Northeast、Oriental Kopi、Oxford Innotech、Pekat、Tenaga Nasional 和 Yinson。</p>
</div><p>Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.</p>
<div class="lb-trans"><p>解碼亞洲通訊：您在新的全球秩序中導航亞洲的指南。點擊此處註冊以獲取解碼亞洲通訊，直接發送到您的郵箱，免費。</p>
</div>

UOBKH 的 ‘Alpha Picks’ 在四月份的表現優於 STI；Oiltek 被納入五月名單，而 Singtel 被移除