September 28th morning news

yuannn
2022-09-28

The markets remain unsettled by concerns such as the Federal Reserve's ongoing rate hikes and European gas supplies. U.S. stocks were unimpressive overnight Tuesday (Sept. 27), with only the $DJIA(.DJI)$ closed 0.43% lower at 29,134.99.


Morning news from the Singapore stock market:

$SATS LTD.(S58.SI)$ requested a pre-market suspension of stock trading for reasons to be announced. The company had asked to suspend trading last week in connection with talks to acquire Worldwide Flight Services, the world's largest air cargo handling company.

$SMI Vantage(Y45.SI)$, which is on the watch list, announced that SGX has agreed to extend the "cure period" for the company on the watch list from Dec. 2 to July 31.

$SIN HENG HEAVY MACHINERY LTD(BKA.SI)$ announced that Teo Yi-Dar, non-executive non-independent chairman of the company, resigned on Monday, while Leong Wing Kong, independent director, was re-designated as independent chairman on Tuesday and Rai Satish took over as independent director on the same day.

*Asian Liangsheng Holdings (Accrelist) announced the opening of a medical aesthetic clinic in Orchard Central City, the group's eighth local medical aesthetic clinic since it first acquired four clinics in October 2018. The company also plans to further expand its business.


Morning news from the Hong Kong stock market:

1. Deployment of the 20th National Congress of the Communist Party of China

Defense class, low valuation fundamentals are facing good, infrastructure just when the configuration, I think the first half of the day's approval and policy increases often go hand in hand, the second half of the year infrastructure as a grip on the economy bottom potential necessary to act.

From the construction plate valuation, the plate is at the bottom of history, with a certain margin of safety. 2013 to date, the construction plate P/E ratio between 8.6 times -33.6 times, the average value of 14.5 times, the current plate overall valuation 8-10 times between the oscillation, has been at a historical low, with a certain margin of safety.


2.Open 75.5 pairs more! The Yangtze River Delta Railway National Day holiday transportation program was introduced

From China Railway Shanghai Bureau Group Corporation news, the Yangtze River Delta Railway National Day holiday transportation program was introduced. The Yangtze River Delta Railway is expected to send 20 million passengers during the National Day holiday transportation, the railroad department to coordinate the epidemic prevention and control and transport services to ensure that the direction of full passenger flow is planned to run 75.5 pairs of additional passenger trains to meet the needs of peak passenger traffic travel.

šŸ’° Stocks to watch today?(14 May)
1. What news/movements are worth noting in the market today? Any stocks to watch? 2. What trading opportunities are there? Do you have any plans? šŸŽ Make a post here, everyone stands a chance to win Tiger coins!
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • yuannn
    2022-09-29
    yuannn
    market good
  • RK0948
    2022-09-28
    RK0948
    News: important..

    Not only important for readers / public to know.. 

    But alao important to learn + judge before bringing all into the mind

    As a result, keep on reading those info and identify those news be useful or not useful..

    Thanks for providing information to share !!

  • EvanHolt
    2022-09-30
    EvanHolt
    DJI's performance over the last few weeks has been terrible.
  • HilaryWilde
    2022-09-30
    HilaryWilde
    I certainly did not anticipate that SATS would be suspended.
  • PandoraHaggai
    2022-09-30
    PandoraHaggai
    Bka.si has had a lot of turnover lately.
  • ElvisMarner
    2022-09-30
    ElvisMarner
    The gas problem now haunts financial markets.
Leave a comment
16