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4 Stocks This Week (Hong Kong Focus) [2 Aug 2019] – Tan Chong; Yunnan Energy; Jardine C&C; Hongkong Land

This week, Hong Kong undergoes its 9th consecutive week of unrest, causing a strain on both her people and the economy.


This weekend sees the 9th consecutive weekend of unrest in Hong Kong, as the world watches in concern while both sides undertake increasingly violent actions. Born out of protest over a proposed extradition bill, the goals of this movement has now expanded to encompass self-governance and universal suffrage.

For this week’s 4 Stocks This Week, we examine 4 SGX-listed companies with headquarters or significant businesses in Hong Kong.

Read Also: 4 Stocks This Week (In The News) [5 July 2019] Ascott REIT; ST Group Food; SIA Engineering; Sembcorp Marine

Tan Chong International (SGX: T15)

With a history of more than 50 years, Tan Chong International is a Hong Kong-based investment holding company that is primarily involved in motor vehicle distribution, though it also has businesses in largely-unrelated industries like real estate, manufacturing and financing.

In Singapore, Tan Chong is most known for being the exclusive distributor of Nissan passenger and light commercial vehicles, including pre-sales, sales distribution, and after-sales services. Abroad, the company also distributes Subaru passenger cars, as well as heavy commercial vehicles and industrial equipment.

The company also has a property segment in which it is involved in the development and rental of properties in Singapore and Hong Kong, while its transportation segment provides vehicle logistics services to vehicle manufacturers in Japan.

Aside from Hong Kong and Singapore, the company has operations in Mainland China, Thailand, Indonesia, Malaysia, Japan, Vietnam, the Philippines, Cambodia and Republic of China (Taiwan).

Tan Chong International is also involved in hire purchase financing, providing workshop services and the manufacture of vehicle seats.

The stock closed at HKD $2.34 this week.

Read Also: [2019 Edition] Best Value For Money Car You Can Buy In Singapore Right Now

Yunnan Energy (SGX: T43)

The Hong Kong-based Yunnan Energy International was listed on the SGX mainboard in 2004, and dual-listed in the Hong Kong Stock Exchange in 2011.

Formerly known as Techcomp (Holdings) Limited, the company is primarily engaged in the design, development, manufacture, distribution and after-sales support of various analytical instruments, laboratory instruments and life science equipment.

The scientific instruments include both generic and customised chromatographs, spectrophotometers, electronic microscopes, life science and general laboratory instruments. Clients of Yunnan Energy include private sector companies as well as public sector entities like universities, research institutions, and government agencies.

The company is also in the business of property holding, international commercial trade, , and exhibitions.

Yunnan Energy closed at USD $0.096 this week.

Read Also: Investing In Hong Kong, China and USA: Here Are 7 ETFs Which You Ought To Know About

Jardine Cycle & Carriage (SGX: C07)

The Jardine name is famous for being one of the original Hong Kong trading houses, and over nearly 200 years, it has grown to a diversified, multi-billion business empire.

Jardine Cycle & Carriage is one of the subsidiaries of the Jardine Matheson Group, which owns 75% of the company via Jardine Strategic Holdings.

The company employs around 250,000 people and engages in a range of businesses, primarily the automotive industry, where it manufactures, assembles, distributes motor vehicles and motorcycles as well as provides after-sales services.

It also has large a financial services arm that provides consumer financing, banking, and general and life insurance services.

The company also has subsidiaries involved in construction machinery and mining contracting, cultivation and processing activities for palm oil production, operation of toll roads, logistics services, water utilities, as well as providing IT and office services.

Jardine Cycle & Carriage closed at USD $33.50 this week, giving it a market capitalisation of USD $13.24 billion.

Read Also: Cost Of Owning A Car In Singapore Over 10 Years

Hongkong Land (SGX: H78)

Hongkong Land Holdings Limited is also a subsidiary of the Jardine Matheson group, which owns about 50.41% of the company via Jardine Jardine Strategic Holdings.

Hongkong Land’s primary business activities are inproperty development, management, and investment. The company owns and manages about 800,000 square meters of prime office and luxury retail property Asia, mostly in Hong Kong and Singapore, which happen to be the two most expensive property markets in the world.

In Singapore, the properties that Hongkong Land jointly-holds include the Marina Bay Financial Centre, One Raffles Quay, One Raffles Link and CityLink Mall.

In Hong Kong, the company’s large portfolio of properties include Jardine House, Chater House, Glouchester Tower, The Landmark Mandarin Oriental, York House, Prince’s Building, as well as One, Two and Three Exchange Square.

Hongkong Land closed at USD $6.02 this week.

Read Also: 4 Stocks This Week [Property Developers] 12 April 2019 – Hong Fok; OUE; Yanlord Land; UOL Group

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4 Stocks This Week is not a recommendation from us to buy or sell any of these stocks. For investors who are keen to find out more, you should continue researching about them before making your investment decisions.