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Latest / Your Way Home with Hongbin Jeong

Market View: HPL’s plan to redevelop Forum mall, voco Orchard Singapore and HPL House; China’s Evergrande’s shares slumps 87% after 17-month halt; OCBC’s digital service outage; Fed Chair Jerome Powell’s comments at Jackson Hole Symposium

Singapore stocks started the week on a positive note after Wall Street ended its last trading session higher. In early trade, the Straits Times Index (STI) rose 0.5 per cent to 3,207.09 points after 58.1 million securities changed hands in the broader market. In terms of companies to watch for today, we have Yangzijiang Shipbuilding being a hot stock of the day at over 12-year highs. Meanwhile from Hotel Properties Limited’s plan to redevelop the Forum mall to China Evergrade Group slumping as much as 87 per cent in Hong Kong after a 17-month trading halt, more corporate headlines are in…

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