SUBSCRIBERS
Yangzijiang shares soar 6.5% with chairman back at helm
Published Mon, Dec 23, 2019 · 09:50 PM
Singapore
YANGZIJIANG Shipbuilding got a much needed boost from executive chairman Ren Yuanlin's return to office after a four-month absence to assist authorities in China over a confidential probe.
With Mr Ren's return, a major overhang on the shipbuilder's recent share performance has been lifted as demonstrated in trading on Monday.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Bangkok airports set for US$4.8 billion expansion as tourism booms
Prudential’s Q1 new business profit down 2% at S$743 million
Hong Kong team plants seeds to safeguard legacy grains
Singapore Airlines could post highest-ever earnings of about S$2.7 billion for FY2024, says analyst
HSBC announces CEO Quinn’s retirement, first-quarter profit drops 1.8%
Computer parts maker Logitech Q4 sales rise; first positive quarter in over two years