Stocks to watch: Tan Chong, Silverlake, Straits Trading, Yunnan Energy, Raffles Edu

THE following companies saw new developments that may affect trading of their shares on Thursday:

Tan Chong International: The car company has reported a loss of HK$75.3 million for the first half of its financial year ended June 30, as Covid-19 measures curbed or halted its business activities. Tan Chong shares closed flat at HK$2 on Wednesday before the release of its results. Silverlake Axis: Fintech firm Silverlake saw net profit fall 12 per cent to RM59.1 million for the fourth quarter ended June 30, as the Covid-19 pandemic hampered the timely closing of deals, the firm said in its results release. Silverlake shares closed up one Singapore cent or 3.4 per cent at 30.5 cents on Wednesday, before its results announcement.

The Straits Trading Company: Straits Trading is acquiring a freehold business park in the UK for a total cash consideration of £76.7 million . The counter closed unchanged at S$1.54 on Wednesday before the news. Yunnan Energy: Mainboard-listed Yunnan Energy's loss for the six months ended June 30 narrowed to HK$7.07 million from a loss of HK$15.1 million for the year-ago period. Yunnan Energy shares closed flat at 15.9 Singapore cents on Wednesday before the release of its results.

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Stocks to watch: GuocoLand, Axington, SATS, Aspen, SIA, KoufuTHE following companies saw new developments that may affect trading of their securities on Tuesday: Read more at The Business Times.
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Stocks to watch: Trek 2000, Tee International, QT Vascular, SIATHE following companies saw new developments that may affect trading of their shares on Wednesday: Read more at The Business Times.
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Singapore stocks open lower on Wednesday; STI down 0.8%SINGAPORE shares started Wednesday on a softer note, with the benchmark Straits Times Index (STI) retreating 20.47 points or 0.8 per cent to 2,538.56 as at 9.01am. Read more at The Business Times.
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Hong Kong: Stocks close flat on virus concerns[HONG KONG] Hong Kong shares ended flat Wednesday as concerns about the impact of coronavirus offset hopes for a vaccine, while investors are awaiting a speech by the head of the US Federal Reserve later in the week. Read more at The Business Times.
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Europe: Stocks end lower as heavyweight resource players weigh[BENGALURU] European shares fell on Tuesday, hurt by losses in British blue chips, while mixed economic data and continued growth in novel coronavirus cases cut short optimism over a possible Covid-19 treatment. Read more at The Business Times.
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Hong Kong: Stocks start slightly higher[HONG KONG] Hong Kong shares opened Tuesday morning with further gains, boosted by hopes for a virus vaccine and after Chinese and US officials agreed to push on with their trade pact signed earlier this year. Read more at The Business Times.
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