Yangzijiang Shipbuilding Holding’s share price plummeted over 15% when trading resumed on the SGX after a one-week halt. The share price opened at SGD 0.91 and hit the lowest level of SGD 0.79 before crawling back to SGD 0.90 at 11.00am.
One stock broker says the sell-off of Yangzijiang shares was carried out by some financial institutions and public investors.
