KUALA LUMPUR: Hong Leong Investment Bank (HLIB) expects Hiap Teck Venture Bhd
to be due for a re-rating on the back of improving sector earnings prospects.
In the research firm's inaugural coverage of the counter, it said China is on a decarbonisation drive by swapping existing steel capacities from the Blast Furnace-Basic Oxygen Furnace (BF-BOF) route to the Electric Arc Furnace route (EAF)
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