HLIB sees strong tech earnings, keeps Overweight on sector
Hong Leong Investment Bank reported that most of the 20 technology companies it tracks posted results in line with or above expectations in the second quarter. The bank is confident about rising customer demand and capacity expansion into 2027, citing strong guidance from global players like Nvidia and Broadcom. It has maintained its 'Overweight' call on the sector, with top picks including ViTrox Corp, UWC Bhd and Sam Engineering.