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 $DJIA(.DJI)$
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.
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