Yangzijiang Shipbuilding

Stocks To Watch

STI ends 0.2% higher at 2,879.14

SINGAPORE (Nov 30): The Straits Times Index shrugged off early declines to end Tuesday 0.2% higher at 2,879.14, its sixth straight gain despite losses in offshore and commodities companies.
Yangzijiang Shipbuilding

Broker's Calls

Yangzijiang well positioned to benefit from shipping recovery

SINGAPORE (Nov 11): DBS Group Research is keeping Yangzijiang Shipbuilding at “buy” with a lower target price of 95 cents, from $1.00 previously.

Market Close

STI closes 0.4% higher at 2,800.95

SINGAPORE (Nov 7): The Straits Times Index gained 0.4% to close at 2,800.95, cautiously moving higher after the FBI found no new evidence to charge Democratic Party presidential nominee Hillary Clinton.

Market Close

STI closes 0.1% higher at 2,885.22

SINGAPORE (Oct 6): Singapore stocks ended Thursday higher, inching upward on a mixed but mostly positive performance from the rest of Asia.

Broker's Calls

Yangzijiang maintains steady streamlining course

SINGAPORE (Sept 8): OCBC Research is maintaining its “hold” call on Yangzijiang Shipbuilding (YZJ) after it announced the disposal of its 20% stake in Jiangsu Hailan Marine Systems Technology, which deals with integrated marine electrical system.

Market Close

STI closes 0.1% lower at 2,893.65

SINGAPORE (Sept 7): The Singapore market ended lower on Wednesday, dragged down by Yangzijiang Shipbuilding and Hutchison Port. They fell 2.5% and 1.1%, respectively, during a day with few broad trading cues and a mixed performance among large caps.

Market Close

STI closes 1.6% higher at 2,896.55

SINGAPORE (Sept 6): The Singapore market ended higher on Tuesday despite a general lack of direction in global markets.

Yangzijiang disposes of 20% stake in associated company

SINGAPORE (Sept 6): Yangzijiang Shipbuilding has disposed of its 20% equity interest in Jiangsu Hailan Marine Systems Technology (JHMST) for a total consideration sum of RMB29 million ($5.99 million).

Market Close

STI closes 1.7% higher at 2,851.74

SINGAPORE (Sept 5): The Singapore market ended higher on Monday following positive cues from the Wall Street and the Asian markets.

Broker's Calls

Yangzijiang Shipbuilding is a ‘survivor’

SINGAPORE (Aug 10): DBS says Yangzijiang Shipbuilding is well-positioned to emerge stronger from the shipbuilding downturn.
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