0824 GMT - HRnetGroup's profit will likely grow as the labor markets in Singapore and China rebound, CGS-CIMB says. Citing the Singapore-listed recruitment company's expectations, the broker says hiring volumes for permanent placements are expected grow in 2022 as borders reopen and organizations ramp up their headcount. Companies will also need to re-hire employees who left during the earlier stages of the pandemic, it says. CGS-CIMB adds that salaries for full-time positions have been rising in both Singapore and China during the second half. The broker keeps an add rating and a S$1.15 target price on the stock, which is last trading 1.2% higher at S$0.82. (yongchang.chin@wsj.com)