With the SpaceX craze dying down, this is a good time to get back to basics.

This week, we are looking at large-cap players in China and the U.S. that are yielding relatively high and steady dividends.

Before we proceed, we have some interesting content this week that might change how you think about your portfolio!

Featured Content for the Week

Towkay Talk

Stock Rundowns

IPOs

Cheers,
InvestKaki Team 🤜🤛

Moving on, here are the news that shocked the world…

U.S.-Iran Deal $SPX ( ▲ 1.08% ) : The U.S. and Iran signed an interim deal for a 60-day ceasefire while they worked out a final deal to end the war and reopen the Strait of Hormuz for good [Read More]

SpaceX $SPCX ( ▼ 3.56% ): SpaceX is acquiring AI coding start-up, Cursor for US$60 billion with SpaceX stocks and expects to close the deal by 3Q 2026. [Read More]

Apple $AAPL ( ▲ 0.7% ) : Apple is raising prices across its products as it faces higher semiconductor and chip prices due to a severe memory chip shortage [Read More]

Fox X Roku $FOXA ( ▲ 1.77% ) $ROKU ( ▲ 0.57% ): Fox is buying Roku for US$22 billion as it seeks to push its streaming service, Tubi with Roku’s one into the spotlight [Read More]

Take-Two $TTWO ( ▲ 4.93% ): Well, GTA 6 is finally here. It is open for pre-order on 25 June 2026, and probably launch on 19 November 2026, after so many delays [Read More]

Here are the news covering the Asia market…

Zhipu and DeepSeek: Amid a clampdown by the U.S. on Chinese AI models, Zhipu and DeepSeek are pushing its AI models to more than a trillion parameters [Read More]

Foundation Healthcare IPO: Foundation Healthcare, backed by Temasek, is planning to file an IPO on the Singaporean market to raise up to US$500 million [Read More]

The Assembly Place: The Assembly Place is entering into a joint venture with TS Home to redevelop Phoenix Park site into Singapore’s biggest co-living development [Read More]

Allianz SE, HSBC: German insurer, Allianz SE could be acquiring HSBC Life Singapore for US$2 billion after outbidding other industry competitors [Read More]

Elite UK REIT: Elite UK REIT is acquiring 5 government-leased properties from Elite UK Commercial Fund III for GBP31.9 million and spending GBP19 million to convert Lindsay House [Read More]

SpaceX is reportedly valued north of $350B — the biggest pre-IPO story of the decade.

But you don't have to wait for the listing to position yourself.

We've identified 3 publicly-traded companies with direct exposure to SpaceX's growth — names you can buy today in your regular brokerage account.

From the satellite supplier embedded in Starlink's hardware to a defense contractor sitting on a multi-year Falcon 9 deal, these are the tickers Wall Street is quietly accumulating ahead of the listing.

Grab the full breakdown in our free SpaceX IPO Playbook, including target levels, risk tiers, and the one name our analysts think has the most upside.

Get the Free Playbook

When a crash happens, short-term investors get burned. Long-term investors survive.

👉 Follow Us on YouTube for more posts like the above!

Kweichow Moutai sells premium liquor products in China.

Why we like this: Has a market capitalisation of CNY1.6 trillion, making it the 10th biggest company in China. Dividend yield currently stands at 4.3%, higher than the top 25% of the market, and is projected to average about 5.0% in the next 3 years.

Moutai’s position in China is firm. It commands over 50% of China’s high-end baijiu market and can be considered as a monopoly. There is an opportunity now to accumulate a Chinese monopoly at a cheap valuation. In its full year 2025 results, revenue declined by 1.2% - the first time since 2021.

Price-to-earnings ratio is trading at 18.8 times compared to its 5-year historical average of 31.1 times. Target price is at CNY1.72k with a potential upside of +41.8%.

McDonald’s sells fast-food and franchises its operations throughout the world.

Why we like this: While dividend yield came in at 2.7% only, this could be a good opportunity to look at this fast-food giant. Most U.S. consumers are now dealing with higher cost of living due to the impact from higher oil prices. McDonald’s food offering comes in at the budget category where more Americans are gravitating towards.

From a valuation standpoint, its PER of 23 times is slightly lower compared to its 5-year historical average of 26 times. Analysts do see a potential upside of +18.9%.

Target operates and manages retail outlets that sells everyday groceries and items in the U.S.

Why we like this: Consumer stocks are expected to make a comeback if the U.S. and Iran are successful in negotiating a long-term deal. High oil prices have been squeezing American purses since the beginning of the year. And Target has been hit on all sides as it is also undergoing a turnaround to reposition its market offering to consumers.

If it is successful in doing so, Target could regain its past market position in a highly competitive but lucrative consumer market. Dividend yield is currently at 3.5%, where it has come down from a peak of 4.7% in 2025. It is currently trading at a PER of 17.2 times compared to its peers’ average of 25 times.

Johnson & Johnson researches and sells pharmaceutical products.

Why we like this: Pharma companies have been gaining this year, partly due to non-news from Trump when he disrupted the market last year as he pushed for lower drug prices. This time, investors are looking towards AI applications in scientific fields such as healthcare to speed up drug discovery processes and smoothen the research portion of it.

J&J is currently trading at a dividend yield of 2.3%, quite in line with the industry average of 2.1%, as it targets a 60% dividend payout, while reinvesting the rest into research and development.

American Tower Corporation owns and develops wireless and broadcast infrastructure.

Why we like this: Quite simply, we think that American Tower is the ‘shovel’ for the global AI centre, where it provides wireless and broadcast infrastructure to power data centres. Its size is big, with assets in over 22 countries, and services all the major telecommunications player in America.

Dividend yield is at 4.1%, which presents an attractive opportunity considering that this is the highest it has been in the past five years.

Market analysts are setting a target price of US$216.14 with a potential upside of +22.8%.

And that’s a wrap!

Cheers,
James Yeo~