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Stocks to watch: Nio, CapitaLand Ascendas Reit, Yangzijiang Financial, Wee Hur, Nam Lee Pressed Metal Industries, Fu Yu

by Sarkiya Ranen
in Technology
Stocks to watch: Nio, CapitaLand Ascendas Reit, Yangzijiang Financial, Wee Hur, Nam Lee Pressed Metal Industries, Fu Yu
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[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Nov 3):

Nio : The mainboard-listed carmaker announced on Sunday that it delivered 40,397 vehicles in October 2025, up 92.6 per cent on the year. Cumulative deliveries reached 913,182 as at Oct 31, with 241,618 vehicles delivered year to date in 2025, increasing by 41.9 per cent on the year. Shares of Nio closed around 1 per cent or US$0.07 down at US$7.04 before the news.

CapitaLand Ascendas Reit : Its portfolio occupancy fell to 91.3 per cent in the third quarter from 91.8 per cent in Q2, the manager said in a business update on Friday. Singapore occupancy dropped by 0.8 percentage point quarter on quarter to 90.4 per cent, largely driven by the addition of 5 Toh Guan Road East, which completed its redevelopment in September. Excluding this, occupancy would have remained stable at 91.1 per cent. Units of Clar closed 0.4 per cent or S$0.01 down at S$2.82 on Friday, before the release of the results.

Yangzijiang Financial (YZJ Financial) : The group said on Friday that Yangzijiang (YZJ) Maritime Development, the spin-off from its maritime investment segment, aims to raise at least S$5.2 million in gross proceeds through a private placement of about 8.6 million fully paid ordinary shares at S$0.60 apiece in its mainboard debut on Nov 18. Separately on Friday, it announced that its executive chairman and CEO, CFO and lead independent director have resigned as the company prepares to spin off YZJ Maritime. The counter closed 0.9 per cent or S$0.01 down at S$1.06 on Friday, before the announcements.

Wee Hur : The mainboard-listed group announced on Monday that it has taken a stake in a new fund managed by Singapore-based asset management firm Aravest that has bought the former Hotel Miramar Singapore in Havelock Road for S$160 million. The deal marks Wee Hur’s maiden hotel investment through its fully-owned subsidiary Wee Hur Property which has taken a ‘significant stake’ in the development. The counter closed Friday flat at S$0.725.

Nam Lee Pressed Metal Industries : The metal manufacturer’s managing director, Eric Yong, was interviewed by the Corrupt Practices Investigation Bureau, the company said in a bourse filing on Friday. The interview was over a whistle-blowing report which concerned certain undisclosed allegations against Yong. Yong has not been charged and his passport has not impounded. He has been informed by CPIB that he is free to travel. The company’s shares closed flat at S$0.565 on Wednesday, before it called for a trading halt on Thursday afternoon; the trading halt will be lifted on Monday.

SEE ALSO

Across the broader market, losers outnumbered gainers 299 to 268, after two billion securities worth S$1.4 billion changed hands

Fu Yu Corporation : The mainboard-listed group has terminated its group chief executive officer David Seow for gross default and misconduct. The precision manufacturer announced on Saturday that his termination was effective Friday. He will also cease to be a director of the company and all it subsidiaries and related entities. Shares of Fu Yu closed S$0.003 or 2.8 per cent lower at S$0.105 on Friday before the announcement.

Trading halt: Fuxing China Group requested a trading halt on Monday morning, pending the release of an announcement; the counter closed Friday at S$0.465, down by 32.1 per cent or S$0.22.

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Tags: AscendasCapitaLandFinancialHurIndustriesLeeMetalNamNioPressedReitStocksWatchWeeYangzijiang
Sarkiya Ranen

Sarkiya Ranen

I am an editor for Ny Journals, focusing on business and entrepreneurship. I love uncovering emerging trends and crafting stories that inspire and inform readers about innovative ventures and industry insights.

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