Singapore, Jan 21, 2026, 14:59 SGT — Regular session
Shares of Yangzijiang Shipbuilding (Holdings) Ltd hovered around S$3.48 in mid-afternoon on Wednesday, maintaining a narrow range after slipping over the past two sessions. As of 2:48 p.m., the SGX-listed firm last changed hands at S$3.48, with the session’s peak hitting S$3.54 and roughly 9.8 million shares traded. (Shareinvestor)
The pause is significant since shipbuilders usually move on bets about global trade volumes and confidence. This week, renewed tariff chatter and a shift toward haven assets have rattled both, leaving cyclicals without a clear path.
Yangzijiang slipped 1.1% Tuesday, following a 1.9% decline Monday, according to SGX data from SGinvestors.io. Short-selling hit roughly 3.2 million shares Tuesday, up from 2.6 million on Monday, the figures revealed. (SG Investors)
Investors have been leaning into selling, following signals from overseas. “The ‘sell America’ trade fueled key market shifts overnight,” noted Mantas Vanagas, senior economist at Westpac, as Wall Street slipped and gold climbed to a new high. (Reuters)
Shipping stocks remain under pressure as CMA CGM announced Tuesday it will divert ships on three routes away from the Suez Canal, citing “global uncertainties.” The move scales back earlier plans to increase canal transits following two years disrupted by attacks on vessels. (Reuters)
Investors are keeping an eye on how rivals are investing to boost output at shipyards. Palantir inked a broad software deal with South Korea’s HD Hyundai. The two say HD Hyundai is now building ships about 30% faster thanks to Palantir’s technology. Palantir CEO Alex Karp told Reuters he feels “very bullish” on the Korean market. (Reuters)
Yangzijiang, a key player in commercial shipbuilding, hasn’t released any new company updates this week. As a result, the stock’s movement is driven more by shifts in risk appetite and industry news than by fresh data.
The downside is clear: a sharper trade shock might dampen cargo demand, drag down new ship orders, and squeeze yard pricing—right as investors begin questioning how much longer the current order cycle can remain profitable.
Traders are zeroing in on Washington and Davos in the short term, putting earnings calendars on the back burner for now. President Donald Trump is set to speak at the World Economic Forum this Wednesday, a key event that markets see as the next big trigger for risk appetite. (Reuters)
