Yangzijiang Shipbuilding triggers SGX query after shares surge by 15%

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Yangzijiang Shipbuilding triggers SGX query after shares surge by 15%

Felicia Tan2022-09-23

Shares in Yangzijiang have been rising steadily since Sept 8 since the announcement of its license from GTT.Yangzijiang Shipbuilding has received a query from the Singapore Exchange Regulation (SGX ...

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zion1
·2022-10-04
The surge is some concern of in news that others are not aware. Something investors should look out.
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Something investors should look out.","text":"The surge is some concern of in news that others are not aware. Something investors should look out.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9912496467","repostId":2269690464,"repostType":2,"repost":{"id":"2269690464","kind":"highlight","pubTimestamp":1663892005,"share":"https://ttm.financial/m/news/2269690464?lang=&edition=fundamental","pubTime":"2022-09-23 08:13","market":"us","language":"en","title":"Yangzijiang Shipbuilding triggers SGX query after shares surge by 15%","url":"https://stock-news.laohu8.com/highlight/detail?id=2269690464","media":"Felicia Tan","summary":"Shares in Yangzijiang have been rising steadily since Sept 8 since the announcement of its license from GTT.","content":"<html><body><p><img src=\"https://edgemarkets-transferred.s3-ap-southeast-1.amazonaws.com/yzj+(1)_0_0_0_1.jpeg\"/> Shares in Yangzijiang have been rising steadily since Sept 8 since the announcement of its license from GTT.</p><p>Yangzijiang Shipbuilding has received a query from the Singapore Exchange Regulation (SGX RegCo) at 3.40pm on Sept 23 after shares in the group surged to $1.265 as at 3.36pm, 15% higher than its share price of $1.10 as at Sept 22.</p>\n<p>In its filing, the market regulator queried the Mainboard-listed group on the “unusual price movements” and asked the group to confirm its compliance to the Mainboard rules.</p>\n<p>SGX RegCo had also asked the group to release any potential information that may have prompted the surge.</p>\n<p>Shares in Yangzijiang have been rising steadily since Sept 8, when the group announced that it had obtained a technology membrane license from French naval engineering company GTT.</p>\n<p>The receipt of the license was deemed as a “major breakthrough” by DBS Group Research, paving the way for Yangzijiang’s entry into the liquefied natural gas (LNG) carrier market.</p>\n<p>Yangzijiang is the first non-state-owned enterprise (SOE) Chinese shipyard to obtain a license from GTT. </p>\n<p>As at 4.12pm, shares in Yangzijiang are trading 14 cents higher or 12.7% up at $1.24.</p>\n<p><strong>/Update</strong></p>\n<p>In its response to the query after market hours, Yangzijiang Shipbuilding has clarified that it is unaware of any information that might explain the trading today. That said, the group noted its announcement on its GTT license on Sept 8, adding that the group \"did not provide any comments\" in the media reports that covered the event.</p>\n</body></html>","source":"edge_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Yangzijiang Shipbuilding triggers SGX query after shares surge by 15%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nYangzijiang Shipbuilding triggers SGX query after shares surge by 15%\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-23 08:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.theedgesingapore.com/news/sgx-query/yangzijiang-shipbuilding-triggers-sgx-query-after-shares-surge-15?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS><strong>Felicia Tan</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares in Yangzijiang have been rising steadily since Sept 8 since the announcement of its license from GTT.Yangzijiang Shipbuilding has received a query from the Singapore Exchange Regulation (SGX ...</p>\n\n<a href=\"https://www.theedgesingapore.com/news/sgx-query/yangzijiang-shipbuilding-triggers-sgx-query-after-shares-surge-15?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK6504":"工业制品概念","BK6065":"建筑机械与重型卡车","BS6.SI":"扬子江船业"},"source_url":"https://www.theedgesingapore.com/news/sgx-query/yangzijiang-shipbuilding-triggers-sgx-query-after-shares-surge-15?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2269690464","content_text":"Shares in Yangzijiang have been rising steadily since Sept 8 since the announcement of its license from GTT.Yangzijiang Shipbuilding has received a query from the Singapore Exchange Regulation (SGX RegCo) at 3.40pm on Sept 23 after shares in the group surged to $1.265 as at 3.36pm, 15% higher than its share price of $1.10 as at Sept 22.\nIn its filing, the market regulator queried the Mainboard-listed group on the “unusual price movements” and asked the group to confirm its compliance to the Mainboard rules.\nSGX RegCo had also asked the group to release any potential information that may have prompted the surge.\nShares in Yangzijiang have been rising steadily since Sept 8, when the group announced that it had obtained a technology membrane license from French naval engineering company GTT.\nThe receipt of the license was deemed as a “major breakthrough” by DBS Group Research, paving the way for Yangzijiang’s entry into the liquefied natural gas (LNG) carrier market.\nYangzijiang is the first non-state-owned enterprise (SOE) Chinese shipyard to obtain a license from GTT. \nAs at 4.12pm, shares in Yangzijiang are trading 14 cents higher or 12.7% up at $1.24.\n/Update\nIn its response to the query after market hours, Yangzijiang Shipbuilding has clarified that it is unaware of any information that might explain the trading today. That said, the group noted its announcement on its GTT license on Sept 8, adding that the group \"did not provide any comments\" in the media reports that covered the event.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":3,"commentSize":1,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}