SINGAPORE, Jan 12, 2026, 15:41 SGT — Regular session
Shares of Yangzijiang Financial Holding Ltd nudged up 1.3% to S$0.38 Monday afternoon, clawing back part of their early-January losses. The Singapore-listed investment firm hasn’t posted any new updates on SGXNet since November 17, according to exchange filings. 1
Investors reacted sharply after Federal Reserve Chair Jerome Powell revealed that the Trump administration had threatened him with a criminal indictment and issued subpoenas, raising fresh doubts about the Fed’s independence. “Trump is pulling at the loose threads of central bank independence,” said Andrew Lilley, chief rates strategist at Barrenjoey. The news sent gold soaring to record highs while the dollar weakened. 2
Why this matters for Yangzijiang Financial: the company handles investment management, fund and wealth management, and also holds stakes in debt instruments and other assets, according to SGX corporate data. Such a portfolio can be volatile, reacting to credit market shifts and mark-to-market adjustments—meaning it values holdings at current prices—as interest rates and risk appetite fluctuate. 3
Singapore’s Straits Times Index climbed roughly 0.6% by mid-afternoon, holding firmer ground compared to several overseas markets. 4
Trading activity remained strong, with roughly 24.3 million shares changing hands on Monday. This figure tracks closely with recent volumes, according to exchange data from 8 .
Flows worked against Yangzijiang Financial. In the first five trading days of 2026, it was one of the stocks with the largest net institutional outflows, despite institutions buying Singapore shares overall, SGX market strategist Geoff Howie noted in The Business Times. 5
According to consensus estimates tracked by Beansprout, Yangzijiang Financial’s target price stood at 47.2 Singapore cents as of Jan. 12, suggesting potential gains from current levels. The compilation also included an “add” rating from CGS-CIMB. 6
The setup remains delicate. Should U.S. inflation stay elevated and expectations for rate cuts fade, risk assets could repric e swiftly — a scenario that often squeezes investment portfolios and widens financing spreads, potentially denting fee income if markets falter.
Investors are zeroing in on the U.S. consumer price index for December, set for release Tuesday, Jan. 13, at 8:30 a.m. Eastern. This key figure frequently shifts global rate forecasts and tends to influence trading across Asia. 7
