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Yangzijiang Shipbuilding (Holdings) Ltd. (BS6.SI)
- Investing.com
Yangzijiang Shipbuilding and IVE Group witness considerable retail investor ownership
In recent developments, Yangzijiang Shipbuilding (Holdings) Ltd. (SGX:BS6) and IVE Group Limited have both seen significant retail investor ownership. The retail investors of both companies hold a substantial portion of the shares, with Yangzijiang Shipbuilding at 43% and IVE Group at 56%. This suggests that these investors stand to gain or lose the most from their investments in the respective companies.
- Reuters SG
EMERGING MARKETS-Asian currency, stock markets hit by China COVID unrest
* South Korean won biggest loser among Asian peers * China's yuan hits lowest in over one-month * U.S. dollar index firmed to 106.34 By Roushni Nair Nov 28 (Reuters) - Asian emerging markets came under selling pressure on Monday, with the South Korean won and China's yuan declining the most, as protests in major Chinese cities over strict COVID-19 curbs dampened the outlook for the world's second-largest economy. The South Korean won weakened 1.1%, snapping a three-day winning streak, while the Indonesian rupiah fell 0.4% for its biggest percentage loss since Nov. 16. The Singapore and Taiwan dollars gave up 0.2% each, while the Philippine peso slipped marginally.
- Reuters SG
EMERGING MARKETS-Malaysian shares drop as deadline to form government looms
* Most Asian FX edges higher * Ringgit flat ahead of palace-set deadline to form govt * Regional stock indexes mixed By Himanshi Akhand Nov 22 (Reuters) - Malaysian stocks weakened for the second day and the ringgit traded flat on Tuesday as two major coalitions scrambled to meet the deadline to form a government, while most other emerging Asian currencies bounced back from Monday's losses. "The situation remained fluid and from the market's perspective, any government might be better than having no government... even as there is some cautiousness when it comes to having the religion-based PAS in the ruling federal government," analysts at OCBC Bank wrote. Shares of casino operator Genting Malaysia and investment holding and management company Genting Berhad have slipped this week as investors worried that the strong performance from the Islamist party PAS could lead to a crackdown on gambling.
