SGX Listed China-focused Stocks Gained 5% in November on Key Policy Moves
Singapore Exchange (SGX) lists close to 100 stocks which derive at least 50% of their revenue from China. The top 10 most traded stocks within this segment, averaged 5.0% total returns in November, reversing October’s 6.8% decline. Amongst the top 3 gainers in the list, Yangzijiang Shipbuilding reported record high total orderbook value as of Nov 13, CapitaLand China Trust saw marked recovery in its retail portfolio in Q3 2022, while Yangzijiang Financial remained on track in its portfolio diversification strategy.