Sanhua Set for HK Trading Debut After $1.2 Billion Listing
Zhejiang Sanhua Intelligent Controls Co., the Chinese maker of fridge parts that's working on becoming a cutting-edge robotics company, will begin trading in Hong Kong on Monday after its HK$9.3 billion ($1.2 billion) debut stock offering.
Its shares fell in Hong Kong's gray market on Friday ahead of the debut. They had been sold at HK$22.53 each, the high end of their marketed range, and attracted blue-chip cornerstone investors such as Jane Street Group, GIC Pte and Schroders Plc.
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Singapore Airlines cancels Dubai flights amid rising Middle East conflict; Singaporeans risk losing SkillsFuture $500 credit by year-end: Singapore live news
Singapore Airlines (SIA) has suspended flights to and from Dubai after US strikes on Iran triggered fresh security concerns. The cancellations come after a security assessment of escalating regional risks. More SIA flights could be impacted as the situation evolves. FlightRadar24 shows airlines steering clear of airspace over Iran, Iraq, Syria, and Israel, taking longer – and more expensive – routes around the conflict zone. The move mirrors similar decisions by British Airways, Air France, and U.S. carriers, which are bracing for fuel hikes and volatile conditions. With oil prices rising and tensions unresolved, airlines worldwide are entering turbulence – both literally and financially. More on the flight chaos that hit SIA and other airlines here. With just over six months to go, more than 70 per cent of eligible Singaporeans have yet to tap into the $500 one-off SkillsFuture credit top-up issued in 2020. The top-up – meant to support pandemic-era reskilling – expires on 31 December 2025. Training in AI, digital marketing, and cyber security is trending, but most users haven't taken the leap. SkillsFuture Singapore (SSG) actively encouraging citizens to use its digital tools and advisory services before it's too late. If you're eligible, this may be your last chance to upgrade your skills at no cost. Read more on the expiring $500 SkillsFuture credit here. Read more in our live blog below, including the latest local and international news and updates. With just over six months to go, more than 70 per cent of Singaporeans eligible for the one-off $500 SkillsFuture credit top-up still haven't used it. Issued in 2020 to encourage upskilling during the pandemic, the credit expires on 31 December 2025 – with no plans for extension. Despite rising demand for courses in AI, cybersecurity, and digital marketing, only 28 per cent have tapped into the credit. That leaves roughly 1.8 million Singaporeans at risk of missing out on free career development funds. SkillsFuture Singapore (SSG) is now intensifying its outreach – rolling out reminder emails, promoting its Careers and Skills Passport, and offering free advisory services. But with the deadline fast approaching, the agency says the onus is on individuals to act. Notably, Singaporeans aged 40 and above now receive an additional $4,000 mid-career credit, but this is separate from the $500 top-up at risk of expiry. To qualify, courses must begin and be claimed by the end of 2025. Read on the expiring SkillsFuture credit here. Singapore Airlines (SIA) has suspended multiple flights to and from Dubai following a security reassessment tied to rising conflict in the Middle East. This move comes after US military strikes on Iranian nuclear sites prompted carriers globally to steer clear of Iranian, Iraqi, and Syrian airspace. As war risk zones expand, major airlines – including British Airways, Air France, and United Airlines – are also cancelling Gulf-bound flights or diverting around the region, despite increased costs and extended flight times. Flight tracking data shows large portions of regional airspace remain eerily empty. For Singapore Airlines, the route disruption is significant. Since the closure of Russian skies, Middle East corridors became vital to link Asia with Europe. Now, that lifeline is under threat again. SIA warns that further cancellations are possible as the geopolitical situation remains fluid. Global air safety groups have flagged heightened risks for US and allied carriers, citing potential retaliatory action from Iran or its proxies. Even as Israel reopens its skies temporarily for rescue operations, the outlook for commercial aviation remains uncertain. Passengers are urged to check their flight statuses. With airspace tightening and oil prices ticking up, the skies over the Middle East just got a lot more turbulent – for airlines and travellers alike. Read on how the Middle East chaos grounded key global flights here. With just over six months to go, more than 70 per cent of Singaporeans eligible for the one-off $500 SkillsFuture credit top-up still haven't used it. Issued in 2020 to encourage upskilling during the pandemic, the credit expires on 31 December 2025 – with no plans for extension. Despite rising demand for courses in AI, cybersecurity, and digital marketing, only 28 per cent have tapped into the credit. That leaves roughly 1.8 million Singaporeans at risk of missing out on free career development funds. SkillsFuture Singapore (SSG) is now intensifying its outreach – rolling out reminder emails, promoting its Careers and Skills Passport, and offering free advisory services. But with the deadline fast approaching, the agency says the onus is on individuals to act. 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Yahoo
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Investing in HRnetGroup (SGX:CHZ) five years ago would have delivered you a 73% gain
When we invest, we're generally looking for stocks that outperform the market average. And in our experience, buying the right stocks can give your wealth a significant boost. For example, long term HRnetGroup Limited (SGX:CHZ) shareholders have enjoyed a 34% share price rise over the last half decade, well in excess of the market return of around 21% (not including dividends). On the other hand, the more recent gains haven't been so impressive, with shareholders gaining just 1.4%, including dividends. So let's assess the underlying fundamentals over the last 5 years and see if they've moved in lock-step with shareholder returns. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. There is no denying that markets are sometimes efficient, but prices do not always reflect underlying business performance. By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time. HRnetGroup's earnings per share are down 2.4% per year, despite strong share price performance over five years. So it's hard to argue that the earnings per share are the best metric to judge the company, as it may not be optimized for profits at this point. Therefore, it's worth taking a look at other metrics to try to understand the share price movements. We note that the dividend is higher than it was previously - always nice to see. Maybe dividend investors have helped support the share price. We'd posit that the revenue growth over the last five years, of 6.8% per year, would encourage people to invest. The graphic below depicts how earnings and revenue have changed over time (unveil the exact values by clicking on the image). Take a more thorough look at HRnetGroup's financial health with this free report on its balance sheet. It is important to consider the total shareholder return, as well as the share price return, for any given stock. Whereas the share price return only reflects the change in the share price, the TSR includes the value of dividends (assuming they were reinvested) and the benefit of any discounted capital raising or spin-off. Arguably, the TSR gives a more comprehensive picture of the return generated by a stock. As it happens, HRnetGroup's TSR for the last 5 years was 73%, which exceeds the share price return mentioned earlier. The dividends paid by the company have thusly boosted the total shareholder return. HRnetGroup shareholders gained a total return of 1.4% during the year. Unfortunately this falls short of the market return. On the bright side, the longer term returns (running at about 12% a year, over half a decade) look better. Maybe the share price is just taking a breather while the business executes on its growth strategy. Most investors take the time to check the data on insider transactions. You can click here to see if insiders have been buying or selling. Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of companies we expect will grow earnings. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on Singaporean exchanges. — Investing narratives with Fair Values Vita Life Sciences Set for a 12.72% Revenue Growth While Tackling Operational Challenges By Robbo – Community Contributor Fair Value Estimated: A$2.42 · 0.1% Overvalued Vossloh rides a €500 billion wave to boost growth and earnings in the next decade By Chris1 – Community Contributor Fair Value Estimated: €78.41 · 0.1% Overvalued Intuitive Surgical Will Transform Healthcare with 12% Revenue Growth By Unike – Community Contributor Fair Value Estimated: $325.55 · 0.6% Undervalued View more featured narratives — Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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AP Top Extended Financial Headlines at 9:47 p.m. EDT
The price of oil has jumped more than 2% and U.S. stock futures and Asian shares are down as global markets react to the U.S. strike against nuclear targets in Iran
