Singapore opened this morning as a hot spot.

• The Singapore stock market opened higher this morning, with the Straits Times Index up 4.51 points, or 0.14%, at 3178.44 as of 09:30

• The HKMA maintains its zero appreciation policy

• Singapore's economy expanded slightly by 0.2% in the first quarter of this year.

• Follow the stock on Wednesday: Jardine Holdings$JMH USD (J36.SG) $, Jardine Strategy$JSH USD (J37.SG) $Star Lion Logistics property Trust$FRASERS LOGISTICS & COM TRUST (BUOU.SG) $, Rongnan Holdings$Yongnam (AXB.SG) $, New Telecom$Singtel (Z74.SG) $, ou Sheng Group$Oceanus ^ (579.SG) $Urban development$CityDev (C09.SG) $

-Moomoo News Team

Opening snapshot

The Singapore stock market opened lower this morning, with the Straits Times Index down 7.61 points, or 0.24%, at 3180.29 as of 09:30

The most active stock is LOYZ Energy.$CWX Global (594.SG) $Jiutian Chemical Industry$Jiutian Chemical (C8R.SG) $And SPACKMAN Entertainment$Spackman (40E.SG) $。

The volume of shares traded this morning was 200 70.22 million shares, with a total value of 149.74 million yuan. There are 116 rising stocks and 98 declining stocks.

Today's hot spot

The HKMA maintains its zero appreciation policy

Based on the fact that core inflation is expected to remain low this year, the Monetary Authority of Singapore maintains its policy of zero appreciation of the Singapore dollar, as well as its volatility range and central axis.

In issuing its semi-annual monetary policy statement this morning, the HKMA pointed out that China's economy will grow at an above-trend rate this year, but the areas hardest hit by the crown disease epidemic will continue to face a significant demand gap. As the negative output gap narrows, core inflation will rise slowly from the current downturn, but will still be below the historical average.

Singapore's economy expanded slightly by 0.2% in the first quarter of this year.

Singapore's economy expanded slightly by 0.2% in the first quarter of this year, reversing the 2.4% contraction in the fourth quarter of last year.

Preliminary estimates released by the Ministry of Trade and Industry today (April 14) show that after seasonally adjusted, the economy expanded by 2% month-on-month in the first quarter of this year, continuing the 3.8% expansion in the previous quarter.

Can pay attention to the stock

1. Jardine Holdings (Jardine Matheson) 's proposal to acquire Jardine Strategy (Jardine Strategic) came into effect today after it was approved by the Jardine Strategy shareholders' meeting the day before yesterday. The trading of Jardine Strategy was suspended yesterday and will be delisted tomorrow. Jardines shares rose 1.09 per cent to $65.07 yesterday.

Star Lion Logistics property Trust (Frasers Logistics & Commercial Trust) yesterday began to replace Jardine Strategy as a component of the sea index.

The SGX points out that the trust has a weight of about 1.3 per cent in the Hai Index, which makes it have as many as seven real estate investment trusts, with a total weight of about 15 per cent, making it the third most weighted area after finance and industry.

two。 Rongnan Holdings (Yongnam Holdings) will privately sell 104.52 million new shares at 7.6 cents per share, raising a total of 7.94 million yuan. The IPO price is 9.85% lower than Monday's trading average.

3. New Telecom (Singtel) and Shengyu holding Group (Surbana Jurong) have announced the establishment of a strategic alliance to combine technology and infrastructure to create smart city solutions and accelerate the transformation of major industries.

4. (Oceanus Group), the European conglomerate, revealed yesterday that it had submitted an application to the Singapore Stock Exchange to be removed from the SGX watch list.

5. The Meizhi Road Comprehensive Project, Fenghua South Bank (South Beach), jointly developed by Urban Development (CDL) and Malaysia IOI Group (IOI Corporation), has received a five-year green loan with a total value of 1,220 million yuan.

The South Beach Consortium (consortium formed by the two companies, referred to as SBC), obtained the loan from DBS Group, United overseas Bank, Malaya Bank, Sumitomo Mitsui Bank (SMBC) and OCBC Bank. This is one of the largest green loans in Hong Kong to date. DBS Group is the chief green adviser of the loan and United overseas Bank is the green adviser.

The loan will be used to refinance the project on Fenghua South Bank to meet the sustainable financial framework for urban development, which will be implemented in 2019.