-- Anker Innovations (SHE:300866) reported a 4.9% drop in attributable net profit in the first quarter of 2026 to 471.6 million yuan from 495.8 million yuan.
Earnings per share slipped to 0.8714 yuan from 0.9312 yuan, according to a Shenzhen Stock Exchange filing on Thursday.
Revenue at the mielectronics manufacturer jumped 27% to 7.61 billion yuan from 5.99 billion yuan, driven by a 25% jump in sales from the company's online channels and a 31% increase in sales from offline channels.
Wildcat Resources (ASX:WC8) is expected to benefit from lithium tailwinds, helped by the Middle East conflict, according to a Thursday Euroz Hartleys note.The research firm said that the lithium tailwinds are supported by higher oil prices due to the Middle East conflict, increasing electric vehicle and battery energy storage system (BESS) demand.Euroz Hartleys added that Wildcat Resources is its preferred stock over PLS Group (ASX:PLS) or Liontown (ASX:LTR) because of its significant leverage to lithium pricing and straightforward development position, with granted mining leases, 80-kimometer proximity to Port Hedland, a conventional flowsheet, and AU$43.5 million in cash.Euroz Hartkeys maintained a speculative buy rating on Wildcat Resources and raised its price target to AU$1.21 from $0.61.The company's shares rose 5% in recent Friday trade, hitting a two-year high.
China shipped 60 tons of yttrium oxide to the U.S. in March, marking its first major rare earth export since imposing tight controls in April 2025 at the height of trade tensions, Reuters reported Thursday.The volume is 50% higher than all yttrium sent to the U.S. since restrictions began, according to the report.Even after a trade truce, yttrium shipments had remained largely blocked, causing shortages and halting production for aerospace and semiconductor firms, which rely on the mineral for heat-resistant coatings, Reuters wrote.Prices surged 6,900% in the year through February, pushing affected companies to press Washington to act, according to the report. Even with the March shipment, exports over the past 12 months are down 75% from the previous year.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Subsea 7 (SUBC.OL) said Thursday its Subsea Integration Alliance with SLB OneSubsea secured a contract for an ExxonMobil project offshore Angola.The engineering, procurement, construction, and installation contract is valued between $150 million and $300 million. It will involve work on a subsea tie-back linked to the redevelopment of the Likembe project in Block 15.The Norwegian subsea engineering group will oversee project management and engineering under the contract, while its partner SLB OneSubsea will execute the umbilical scope.