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Hot stock: Yangzijiang’s orderbook surges to record high. What’s next for the shipbuilder?

What happened? Yangzijiang Shipbuilding announced that it has secured orders for newbuild vessels worth US$4.4 billion in the second quarter of 2023. This would bring its new orders secured this year to US$5.6 billion, far exceeding its full-year target of US$3.0 billion. It would also bring the company’s orderbook to a record high of US$14.6 […]

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