What are the top 3 China stocks in the SGX? | Singapore Business Review - The Latest News, Headlines, Insight, Commentary & Analysis

What are the top 3 China stocks in the SGX?

These three stocks saw significant growth in trading turnover year-to-date.

The industrial trio of Hong Leong Asia, Sunpower and Yangzijiang showed significant growth in investor activity among the China-based Singapore Exchange (SGX)-listed stocks in the second quarter to June 11, with an average 23% gains.

Hong Leong Asia grew fivefold in 2021 year-to-date, according to an SGX report, rallying to a share price of $1.00 per unit as of June 11. SGX noted that Hong Leong is now on amongst the top 100 stocks by turnover.

Solar power firm Sunpower likewise grew fivefold year-to-date, and has a place amongst the top 60 stocks by turnover.

Yangzijiang Shipbuilding, also a part of the Straits Times Index, grew 80% in 2021 year-to-date from the full year of 2020. It is the sixth most traded stock by turnover.

There are fifteen SGX-listed China-based stocks that are also a part of the FTSE ST China Index. Year-to-date, they have a combined market capitalisation of $55b.

Consumer-oriented stocks led the index as of June 11, with Tianjin Zhongxin Pharmaceuticals, EC World REIT, Sasseur REIT and CapitaLand China Trust at the helm.

Sasseur REIT and EC World REIT are also amongst the top 10 best performing REITs in Singapore in 2021, year-to-date.

Get Singapore Business Review - The Latest News, Headlines, Insight, Commentary & Analysis in your inbox
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

This included one-off partial distribution of divestment gains of S$20m.
This is attributed to the lower rental reliefs to retail tenants at Festival Walk and higher average occupancy from IXINAL Monzen-nakacho Building.
The Tripartite Committee on Workplace Fairness targets to complete its work by H1 2022.
A total of 811 condos were sold in the last quarter, the highest since Q4 2010.
The SMAs are focused on global infrastructure projects.
The company said their income was driven by its latest acquisitions.
The Jobs Support Scheme has been extended to 18 August.
The bank is now allowing small- and medium-sized enterprises to avail the loan digitally.
And Health Ministry clarifies roadmap in treating COVID as endemic remains.
Inflation for all items meanwhile remained unchanged at 2.4% YoY.
SMEs that qualify for the UOB Start digital pack will be offered six months of free access.
This was supported by grants extended by the government, such as the Jobs Support Scheme.
The group’s profits after tax ballooned by as much as 138.4%.
It is comprised of a 10-, 20-, and 40-year USD Temasek Bonds.
This was linked to the higher average selling prices amidst rising coal prices.