Yangzijiang Financial Holding (YZJFH)

Offshore & Marine

Yangzijiang Financial enters into JV with Alpha Omega Marine to acquire modern, eco-friendly dry bulk vessel

The acquisition was made considering a slowing supply of the Handymax and Supramax bulk carrier market.

Results

Yangzijiang Financial reports 25% higher FY2023 earnings of $201.8 mil; proposes dividend of 2.2 cents per share

As at Dec 31, 2023, the group has $4.0 billion of assets under management (AUM).
Yangzijiang Financial’s CEO and Singapore CIO Toe Teow Heng resigns (update) - THE EDGE SINGAPORE

Company in the news

Yangzijiang Financial’s CEO and Singapore CIO Toe Teow Heng resigns (update)

Executive chairman Ren Yuanlin will assume the role of CEO after Toe's departure in April 2024.

Company in the news

YZJ Financial’s fund invests in two chemical and product tankers with a subscribed investment amount of US$32.1 mil

The fund has also entered into a co-charter agreement for eight eco MR product/chemical tankers.

Funds

Yangzijiang Financial signs MOU with ADDX to distribute its capital markets products

The move is said to broaden Yangzijiang Financial’s investor reach and boost its assets under management (AUM).

Results

Yangzijiang Financial reports 80% lower earnings of $25.6 mil in 2HFY2022; declares dividend of 1.8 cents

The group says it will progressively reduce its exposure in China to 50% of its AUM as it diversifies its portfolio.
Broker's Digest: Japan Foods Holding, Yangzijiang Financial, Marco Polo Marine - THE EDGE SINGAPORE

Broker's Calls

Broker's Digest: Japan Foods Holding, Yangzijiang Financial, Marco Polo Marine

Here are some stocks to check out this week: Japan Foods Holding, Yangzijiang Financial and Marco Polo Marine.
Yangzijiang Financial 'deeply undervalued' but CGS-CIMB sees headwinds, cuts TP - THE EDGE SINGAPORE

Broker's Calls

Yangzijiang Financial 'deeply undervalued' but CGS-CIMB sees headwinds, cuts TP

The analysts think sustained Covid-19-related lockdowns could prolong lacklustre home sales and further dampen property values.
Yangzijiang Financial to partner Temasek subsidiary to invest in Singaporean and Southeast Asian SMEs - THE EDGE SINGAPORE

Funds

Yangzijiang Financial to partner Heliconia Capital to invest in Singaporean and Southeast Asian SMEs

Yangzijiang Financial will contribute $80 million to the fund as the fund's anchor limited partner.
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