Yangzijiang Shipbuilding stock slips on SGX as risk-off mood bites; what to watch next
Yangzijiang Shipbuilding shares fell 2.2% to S$3.51 by mid-afternoon Monday, with about 6.7 million shares traded. Singapore’s Straits Times Index slipped 0.5% as risk aversion spread across Asian markets. Investors are watching for upcoming earnings and capital moves, including a proposed share buyback by Yangzijiang Maritime.