The latest Market Talks covering Equities. Published exclusively on Dow Jones Newswires throughout the day.

0555 GMT - Indah Kiat Pulp & Paper's Karawang plant expansion is likely its next growth engine, UOB Kay Hian analysts say in a research report. The expansion adds 900,000 tons of brown paper production, which starts in 1Q, and 1.5 million tons of white paper production, which commences in 2H, the analysts say. The plant is projected to deliver 49% three-year revenue CAGR in 2026-29, and its power will be supplied by a biomass facility using wood, improving ESG credentials and enhancing long-term operating cost efficiency. The brokerage lifts its 2026 core profit estimate for the Indonesian company by 19.8%. It raises the stock's target price to 14,700 rupiah from 12,000 rupiah with an unchanged buy rating. Shares are 0.8% higher at 9,950 rupiah. (ronnie.harui@wsj.com)

0542 GMT - China Resources Land should have sufficient saleable resources to continue boosting its presales this year, say DBS Group Research analysts in a note. Its 2025 earnings were largely in line and its balance sheet remains well-maintained, the analysts say. The property company's consolidated unbooked sales totaled around 163.50 billion yuan as of December, with about 123.50 billion yuan likely to be recognized this year, they add. This could form around 45% of DBS's current 2026 revenue projection for China Resources Land, the analysts add. The company's shopping malls and its property-management arm China Resources Mixc should help sustain the former's above-peer earnings growth this year, they add. DBS maintains its buy rating and HK$34.90 target price on China Resources Land, which rises 1.4% to HK$28.28. (megan.cheah@wsj.com)

0524 GMT - Mitsubishi Heavy Industries' shares appear overvalued, says Morningstar's Kangyuxiao Li in a research report. Although the Japanese company's fundamentals are improving, market expectations are too high, as its valuation reflects strong order momentum and margin expansion before full execution across cycles is proven, the analyst says. Also, the market already prices in a more-than-near-term margin recovery for the industrial group. Morningstar initiates coverage of MHI with a narrow moat rating, based on high switching costs and intangible assets in both energy systems and aircraft, defense, and space businesses. It also sets the stock's fair value estimate at 2,660 yen. Shares are 3.7% lower at Y4,407. (ronnie.harui@wsj.com)

0514 GMT - Sembcorp Industries and Seatrium offer the best balanced exposure to higher-for-longer oil prices among Singapore industrial companies, says Citi analyst Luis Hilado in a note. Energy and urban solutions provider Sembcorp Industries likely faces limited risk from higher energy prices as its long-term gas contracts are intact until at least 2028. It could also pass on higher costs to its customers while also benefiting from the growth in its renewable-energy portfolio, he adds. Meanwhile, offshore and marine company Seatrium's order wins might improve, as higher oil prices tend to drive oil and renewable energy producers to accelerate or add to projects. "By nature of their respective businesses, Seatrium is relatively 'higher risk, higher return' versus Sembcorp Industries," he adds.(megan.cheah@wsj.com)

0511 GMT - iFAST stands to benefit from Asia-Pacific's growing wealth management market, RHB Research's Syahril Hanafiah says in a report. According to research firm Mordor Intelligence, this market is expected to grow to US$41.8 trillion by 2031 from $29.6 trillion in 2026. Given the wealth management and digital banking company's asset-light model, its profit-before-tax margins will further expand as business scales up, the analyst says. Its U.K.-based digital bank's deposit base expansion is also translating into higher net revenue, thanks to its strategy to redeploy deposits into short-duration sovereign bonds and investment-grade corporate bonds. RHB Research initiates coverage of the stock with a buy rating and a target price of S$12.20. Shares are 1.4% lower at S$9.09. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

March 30, 2026 01:55 ET (05:55 GMT)

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