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

0722 GMT - China Overseas Land & Investment could benefit from accelerating market consolidation under China's new policies in the long term, say DBS Group Research analysts in a note. Beijing recently introduced stricter presale requirements for homes and tighter controls on the use of home-purchase funds, they say. This could weigh on developers' asset turnover but also boost industry consolidation over time, they add. Large state-owned enterprises such as China Overseas Land & Investment, which have relatively lower borrowing costs, are better positioned to gain market share as weaker developers exit or scale back, the analysts say. DBS maintains its buy rating and 18.75 Hong Kong dollar target price. Shares drop 0.9% to HK$12.84. (megan.cheah@wsj.com)

0714 GMT - Charoen Pokphand Foods' earnings are likely to recover strongly in 2H, says Yupapan Polpornprasert of ttb wealth securities in a report. Drivers are higher livestock prices, resilient demand, and manageable feed costs, the analyst says. Thailand's swine prices rebounded to 72 baht per kilogram in August from 63 baht per kilogram in 2Q, with supply expected to be constrained for another six to nine months, supporting near-term swine prices. With the farming business accounting for 54% of total revenue, the agro-industrial and food conglomerate has high earnings sensitivity to the livestock cycle, making improving meat prices a key catalyst for the share price. The brokerage raises the stock's target price to 28.00 baht from 23.00 baht with an unchanged buy rating. Shares are 1.3% lower at THB23.40. (ronnie.harui@wsj.com)

0700 GMT - Unilever is increasingly attractive as a higher-margin business following the separation of its foods unit, analysts at Barclays say. It could now be the fastest-growing consumer staples company after L'Oreal, the analysts say, following comments from CEO Fernando Fernandez and Hindustan Unilever Limited CEO Priya Nair at the Barclays Global Consumer Staples Conference. Management sounded confident and convincing at the presentation, and India is a particularly desirable opportunity--making up a sizeable part of group revenue after the split, the analysts say. Unilever's foods business is expected to combine with McCormick next year.(aimee.look@wsj.com)

0621 GMT - Recruit Holdings' share price is yet to reflect profit growth at its Indeed jobs site, Nomura's Jiyong Oum says in a research report. The brokerage likes its prospects, citing sustainable and strong profit growth at Indeed. Nomura expects Indeed's monetization to progress to successful hires from referrals, forecasting 'EBITA+S' for the Japanese company's HR technology segment to rise around four-fold over the next five years. Increased adoption of its premium services among small and medium-sized enterprises is seen to be the main driver. Nomura raises the stock's target price to 20,000 yen from Y18,500 with an unchanged buy rating. Shares are 2.4% higher at Y15,670. (ronnie.harui@wsj.com)

0608 GMT - CSPC Pharmaceutical's coming clinical data presentations over the next two months could serve as near-term share-price catalysts, say DBS Group Research's Mark Kong and Nico Chen in a note. The Chinese pharmaceutical group is scheduled to present on several key products, including Phase 3 clinical data for its GLP-1 fusion protein to treat obesity and diabetes, the analysts say. The company's voluntary participation is seen as a sign of confidence in the data, the analysts say. CSPC trades around 18X its 2027 price-to-earnings ratio, which is a roughly 28% discount to the peer average and offers an attractive entry point, they say. DBS reinstates its coverage of CSPC with a buy rating and 13.70 Hong Kong dollar target price. Shares fall 4.2% to HK$8.72. (megan.cheah@wsj.com)

0600 GMT - TotalEnergies is exploring oil and gas investments in the U.S., Barclays analyst Lydia Rainforth writes. The French energy major remains focused on cash-accretive growth and its upcoming capital markets day should provide a clearer picture of its strategy through 2035, she adds. Sustaining production beyond 2030 could require higher investment spending, but inflation isn't currently seen as an issue across its portfolio, she writes after a fireside chat with CEO Patrick Pouyanne at the Barclays CEO Energy-Power Conference.(adam.whittaker@wsj.com)

0552 GMT - TotalEnergies CEO Patrick Pouyanne doesn't see a physical gas supply risk in Europe but says the continent will have to compete with Asia for LNG cargos, which could further support prices. The company's integrated gas business continues to benefit from rising gas prices and low European inventories, Barclays analyst Lydia Rainforth writes after hosting Pouyanne at the Barclays Energy-Power Conference. Pouyanne's outlook for oil is more uncertain, she writes. It is unclear whether the drop in Chinese demand since the start of the conflict reflectsstructural demand changes or temporary demand destruction, she writes.(adam.whittaker@wsj.com)

0539 GMT - Sekisui Chemical's plan to acquire a majority stake in Queensland, Australia-based homebuilder Ausbuild for 335 million Australian dollars helps advance the Japanese company's goal of expanding its residential business abroad. Unlike its domestic market, population is growing in Queensland and a chronic housing supply shortage has become a serious social issue, the company says. Sekisui Chemical offers modular construction where standardized components are manufactured at plants in advance, reducing on-site construction labor and time. The Ausbuild acquisition comes after Sekisui Chemical established a unit in Canada late last year to produce housing components for the North American market. Sekisui Chemical intends to raise its stake in Ausbuild to 90% after its 51% stake purchase closes in January 2027. (kosaku.narioka@wsj.com; @kosakunarioka)

0512 GMT - Wharf Real Estate Investment's bull at Citi is upbeat on the company's sale of a Singapore asset. The Hong Kong-listed property investment company has agreed to sell Scotts Square for 310 million Singapore dollars, a 10% premium to its book value but lower than the S$450 million price it was marketed at in 2024, the Citi analysts say in a note. The deal completes Wharf REIC's exit from Singapore, and the company's transition to a purely Hong Kong landlord could benefit its investor positioning and valuations, they say. An inflection in luxury retail rent increases could be the stock's next catalyst, they say. Citi retains its buy rating and 36.00 Hong Kong dollar target price. Shares fall 0.4% to HK$31.60.