Equity Analysis /
Singapore

SG : Technology - Shenzhen goes into lockdown

    William Tng
    William Tng

    Small Caps Analyst

    CGS-CIMB
    25 March 2022
    Published by

    According to The Straits Times, China has put Shenzhen under a citywide lockdown to combat Covid-19. Under our coverage, Aztech and Nanofilm are the companies with extensive production facilities in China. Although ISDN is not directly affected, it depends on China for 74% of sales and there could be short-term disruptions.