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Companies To Watch: DBS rallies on RMB clearing bank status and regional growth
Published 9 months ago
Description
DBS shares have climbed to fresh all-time highs after the bank was appointed Singapore’s second renminbi clearing bank, strengthening its role in China-ASEAN trade and capital flows.
Dan Koh and Ryan Huang unpack why this strategic win matters for DBS’s long-term growth, how it enhances fee-based income and regional competitiveness, and what investors should watch next as capital returns, interest-rate trends and valuation come back into focus.
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