Macquarie Warrants Singapore wrote a post · Aug 14 02:02

📣 ❗ Top mover alert: Yangzijiang pulls back 4.4% after yesterday's +15% jump post

📋 Chinese shipbuilder Yangzijiang shares are seeing extreme volatility since reporting a 77% jump in first half profit to more than USD 425 million on the back of growing orders. The shares hit a new record high of $2.74 yesterday, after spiking 15%. The stock has however, retreated 4.8% this afternoon as of 115PM

📊 On 23 July 2024, we had shared a post (https://t.me/MacquarieWarrantsSG/4175) on how market expert Binni Ong would trade Yangzijiang shares. The shares have since risen 17.74% from $2.32 to $2.73 (as of 215PM), while trending Yangzijiang trending call YangzijiMBeCW241227 (X1HW) has increased 64.7% from SGD 0.017 to 0.028. Trending Yangzjiang put warrant YangzijiMBePW241227 (GPUW) has fallen 39.3% to SGD 0.017.

📈 Yangzijiang is currently the STI's top index performer, with year to date gains of +74.5%.

⚡Looking ahead, the company's orderbook is at a new high of US$20.2 billion for 224 vessels, which gives the company earnings visibility up to mid-2028.

🔎 Investors keen to trade the share price volatility in Yangzijiang may wish to consider using Yangzijiang call and put warrants to do so

📌See how trending Yangzijiang call warrant X1HW moves on the Live Matrix:
https://warrants.com.sg/tools/livematrix/X1HW $YangzijiMBeCW241227 (X1HW.SG)$
📌See how trending Yangzijiang put warrant GPUW moves on the Live Matrix:
https://warrants.com.sg/tools/livematrix/GPUW $YangzijiMBePW241227 (GPUW.SG)$

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Macquarie Warrants Singapore is an issuer and market-maker in Macquarie warrants listed on the SGX.

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