J.P. Morgan ASEAN FTM 13 May 26 Genting SG: No visibility or catalyst, d/g to UW; Sea Ltd: 1Q26 adj EBITDA beat on gaming/ecomm; CPAXT: Losses weigh on 2H26; GLO: Solid 1Q26; JFC: 1Q misses on PH cost inflation

Research evidence excerpt

J.P. Morgan ASEAN FTM 13 May 26 Genting SG: No visibility or catalyst, d/g to UW; Sea Ltd: 1Q26 adj EBITDA beat on gaming/ecomm; CPAXT: Losses weigh on 2H26; GLO: Solid 1Q26; JFC: 1Q misses on PH cost inflation

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Kong SAR (China); Taiwan (China); and Macau SAR (China).

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