Stocks to watch: Hongkong Land, Yangzijiang Shipbuilding, SIA, Sembcorp, Delfi
The following companies saw new developments that may affect trading of their securities on Wednesday (May 20):
Hongkong Land : The property group posted a 5 per cent rise in underlying profit for its first quarter ended Mar 31, 2026, compared with the same period a year earlier. This was primarily due to lower net financing charges, offsetting reduced contributions from Singapore following the disposal of Marina Bay Financial Centre Tower 3 prior to the formation of its new fund, the group said on Tuesday. Shares of Hongkong Land closed at US$7.96 on Tuesday, down US$0.03 or 0.4 per cent, before the release of the results.
Yangzijiang Shipbuilding : The company on Tuesday said it has secured US$1.03 billion in new orders for the year to date, bringing its outstanding order book to US$22.3 billion, the group said. The order wins bring the shipbuilder closer towards its target of US$4.5 billion for FY 2026, despite geopolitical tensions weighing on sentiment in the global shipbuilding market. Shares of Yangzijiang Shipbuilding closed S$0.02 or 0.5 per cent higher at S$3.94 on Tuesday, before the announcement.
