My focus will be on $DBS(D05.SI)$ , following the news that DBS has been appointed as Singapore’s second RMB clearing bank. This is a meaningful strategic upgrade, as it strengthens DBS’s role in cross-border RMB settlement, trade finance, and capital flows between China and Southeast Asia.

In my view, this isn’t just a symbolic title. RMB clearing status gives DBS deeper access to transaction volume, liquidity management, and fee-based income tied to regional trade and investment. As RMB internationalisation gradually expands, banks with official clearing capabilities stand to benefit structurally over the long term.

Against the backdrop of global monetary policy divergence and investors rotating into value and financials, DBS stands out as a high-quality bank with strong fundamentals, solid dividends & now an additional policy-driven growth lever. I’ll be watching DBS closely as a relatively defensive yet strategic play in current market situation.

@TigerStars @Tiger_comments

# 💰Stocks to watch today?(16 Dec)

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