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Revisions

Yangzijiang well positioned to benefit from shipping recovery

Broker's Calls

Yangzijiang well positioned to benefit from shipping recovery

Jude Chan Published on Fri, Nov 11, 2016 / 1:23 PM GMT+8

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

In a report on Thursday, DBS analyst Ho Pei Hwa says Yangzijiang’s value is “emerging”.

“Yangzijiang is well-positioned to emerge stronger from this downturn with its wide economic moat,” Ho says.

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