Stocks to watch: Yangzijiang Financial, Marco Polo Marine, China Medical Systems, Clearbridge Health

On August 19, several companies in Singapore reported significant developments affecting their stocks. Yangzijiang Financial will be the anchor investor in a S$100 million fund focusing on SMEs. Marco Polo Marine reported a 4% decline in gross profit for Q3. China Medical Systems announced a 3.4% rise in first-half profit and declared an interim dividend. Clearbridge Health raised S$1.98 million for a planned acquisition of Elpis Biopharmaceuticals, becoming debt-free in the process. Stocks remained stable for most companies before the announcements.