Yangzijiang Shipbuildilng (YZJ)

Contracts

Yangzijiang wins two new shipbuilding orders for bulk carriers

SINGAPORE (Aug 26): Yangzijiang Shipbuilding announced it had secured new shipbuilding orders for two 325,000 dwt bulk carriers.

Markets

Further US rate cuts still expected despite divisive FOMC meeting

SINGAPORE (Aug 26): The minutes of the Federal Open Market Committee’s July 31 meeting have indicated that the officials were widely divided in the US Federal Reserve’s decision to ease monetary policy.

Markets

'Blizzard' strikes North America; Yangzijiang plunges, KrisEnergy seeks bankruptcy protection

SINGAPORE (Aug 19): On Wednesday, US markets plunged on recession fears after the yield on the 10-year US Treasury Note broke below the two-year rate, producing an inverted curve, an indicator of economic recession.

SGX query

Yangzijiang asks for trading halt after shares fall 20% on heavy volume

SINGAPORE (Aug 8): Yangzijiang Shipbuilding has requested for the trading of its shares to be halted.

Broker's Calls

Go for sold-down defensive stocks to navigate tricky trade war: KGI

SINGAPORE (June 25): The Singapore stock market has been spooked by a few events recently, including US-China trade wars and Opec’s tussle with expanding oil production.

Broker's Calls

Yangzijiang upgraded on attractive valuations after share price dip

SINGAPORE (June 12): OCBC Investment Research is upgrading its call on Yangzijiang Shipbuilding (YZJ) to “buy” from “hold” previously with a lower fair value estimate of $1.18 from $1.22 before.
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