-- YANGZIJIANG SHIPBUILDING HOLDINGS <YAZG.SI>
- Chinese shipbuilder Yangzijiang Shipbuilding Holding
announced its first quarter profit rose 30 percent to 483.3
million yuan ($70.81 million). [ID:nSN4T50982]
Credit Suisse upgraded Yangzijiang Shipbuilding to
"outperform" from "neutral" and raised its target price to S$0.60
from S$0.40, citing the restructuring of the shipping industry in
China.
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