Shanghai

China Focus

Shanghai unveils business restart plan on supply chain woes

Shanghai is a production base for many companies, including Tesla and China’s state-owned SAIC Corp

Results

CAO reports lower earnings despite higher turnover

CAO maintains a “cautiously optimistic outlook” for the current FY2022.
Initial phase of Yanlord's latest Shanghai development 100% sold  - THE EDGE SINGAPORE

Property

Initial phase of Yanlord's latest Shanghai development 100% sold

The initial 299 units of Yanlord Arcadia, a development in Shanghai by Yanlord Land Group, has sold out within 5 hours of launch
CapitaLand's Raffles City The Bund in Shanghai draws over 300,000 shoppers on opening day - THE EDGE SINGAPORE

Property

CapitaLand's Raffles City The Bund in Shanghai draws over 300,000 shoppers on opening day

The mall is the final component of Raffles City The Bund, CapitaLand's third and largest Raffles City development in Shanghai.
Yanlord sees 57.6% higher total contracted pre-sales of RMB7.66 bil in April - THE EDGE SINGAPORE

Property

Yanlord sees 57.6% higher total contracted pre-sales of RMB7.66 bil in April

The contracted pre-sales figure, as well as GFA, represented y-o-y increases of 57.6% and 55.7% respectively.
Fu Yu Corp sees 24.7% growth in 2H20 earnings of $9.5 mil - THE EDGE SINGAPORE

Results

Fu Yu Corp sees 24.7% growth in 2H20 earnings of $9.5 mil

The board has declared a final dividend of 1.25 cents per share in 2HFY2020 bringing the total payout to 1.6 cents in FY2020.
Yanlord posts more than double total contracted pre-sales of RMB5.22 bil in January - THE EDGE SINGAPORE

Property

Yanlord posts more than double total contracted pre-sales of RMB5.22 bil in January

During the month, about 73.4% of the contracted pre-sales were contributed by Nanjing, Suzhou, Shanghai, Hangzhou and Nantong.
Yanlord posts total contracted pre-sales of $1.09 bil in Sept 2020 - THE EDGE SINGAPORE

Property

Yanlord posts total contracted pre-sales of $1.09 bil in Sept 2020

For the nine months ended Sept 30, the group’s pre-sales rose 66.7% y-o-y to approximately RMB53.19 billion.
China Aviation Oil continues to soar as traffic continues to improve - THE EDGE SINGAPORE

Broker's Calls

China Aviation Oil continues to soar as traffic continues to improve

RHB Research has upgraded China Aviation Oil to “buy” from “neutral”, citing a recovery in domestic traffic in China.

Travel

Living the new normal

The road to recovery is both exhilarating and unsettling. Covid-19 has spared no nation but, as long as there is life, there is hope.
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