Many China gov linked companies will look to capitalize on this so short to mid term should be safe to invest if you are looking for quick buck. Chinese people are rushing to register for stock account and invest and earn fast buck. But people who was stuck in the bear market while ago who already recuperate some or all of their loses will be tempted to sell. As well as some companies who is looking to sell shares to repaid the company debt. Dyodd and don't do margin to be on safe side.
$Wilmar Intl(F34.SI)$ Profit taking. Will monitor when go back in again. Stock price is undervalue consider the asset value of subsidiary and main company combined
$YANGZIJIANG SHIPBLDG HLDGS LTD(BS6.SI)$https://shentonwire.net/2022/04/21/yangzijiang-shipbuilding-shares-materially-undervalued-uob-kh/ Shares of Yangzijiang Shipbuilding (Holdings), or YZJ, are “materially undervalued” at the current stock price, UOB Kay Hian said in a note Thursday. Yangzijiang Shipbuilding is spinning off its investment management business Yangzijiang Financial Holding (YZJFH). Shareholders as of the book closure date will receive one YZJFH share for every Yangzijiang Shipbuilding share held. “Since its IPO in 2007, YZJ has significantly grown and transformed its shipbuilding business, and in addition has the tailwind of high asset prices and charter rates that will benefit its shipping fleet,” the note said. “We believe