Yangzijiang Shipbuilding - DBS Research 2025-02-28: Unwarranted Sell-off Is A Buying Opportunity

• United States Trade Representative (USTR) proposed last Friday to impose port fees for Chinese built vessels that enter US ports for every port call, sending Yangzijiang's share price on a downward spiral.

Sell-off on USTR port charges proposal seems overdone.

• - Read this at SGinvestors.io -
• We believe the massive sell-off for Yangzijiang seems overdone:
  1. the proposal is pending review on 24 Mar and materiality of the new policy is yet to be determined;
  2. - Read this at SGinvestors.io -
  3. Chinese shipyards account for nearly half of global shipbuilding capacity, avoid placing orders with Chinese shipyards entirely might not be plausible especially as the Korean yards are also very full while US shipbuilding is uncompetitive at 2-3x the cost of Asian shipyards.
• This news inevitably brings about uncertainties and may impact the new ordering sentiment.
• Based on the current hefty global ship order backlog, any new order placed now will be delivered from 2028 onwards which is nearing the end of Trump’s presidency term.

What's United States Trade Representative (USTR)'s ship charges proposal?

• Read more at SGinvestors.io.

Above is an excerpt from a report by DBS Group Research.
Clients of DBS may access the full PDF report @ https://www.dbs.com/insightsdirect/.

Read also DBS's most recent report:
2026-03-11 Yangzijiang Shipbuilding - Deepens Seaspan Ties.

Previous report by DBS:
2026-02-27 Yangzijiang Shipbuilding - Earnings Full Sail, Dividends Won't Fail.

Price targets by 2 other brokers at Yangzijiang Target Prices.

Listing of research reports at Yangzijiang Analyst Reports.

Relevant links:
Yangzijiang Share Price History,
Yangzijiang Announcements,
Yangzijiang Dividend Payout Dates & Corporate Actions,
Yangzijiang News