Dear all
Since President Trump announced tariffs on 4 Apr 4 am (Singapore time), markets have been in a tailspin. Even the once unassailable S&P500 dropped 21.3% from 6,147 on 19 Feb to a low of 4,835 on 7 Apr before closing at 5,282 on 17 Apr.
Market focus has turned to stocks which can best withstand the turmoil from tariffs. A stock that comes to my mind is Zixin Group (Zixin 42W). In addition, Zixin has made several interesting announcements and it may arguably be an opportune time to take a closer look.
Zixin closed at $0.027 on 17 Apr with a market cap of S$42.9m.
Description of Zixin
Zixin is a China-based agri-tech company listed on the SGX. It is emerging as a strong beneficiary of the country’s heightened focus on food security and sustainable agriculture. With vertically integrated operations in sweet potato seedlings production, sweet potato cultivation, R&D, processed foods, and feedstock for animal feed, Zixin presents an intriguing growth story...