Yangzijiang Shipbuilding

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.

Yangzijiang Shipbuilding to invest RMB 1 bil in new Jiangsu investment holding company

SINGAPORE (June 27): Yangzijiang Shipbuilding is investing RMB 1 billion ($204.5 million) through a wholly owned subsidiary into an investment holding company in Jiangsu, China.
Ezion rig

SGX Maritime Index up 6% in first six sessions of June; Ezra best performer

SINGAPORE (June 9): Singapore Exchange’s Maritime and Offshore Index, which comprises shipyard operators, shipping companies and offshore services providers, has risen 6.3% in the first six sessions of June.
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