Hangzhou Anysoft Information Technology (SHE:300571) was named the winning bidder for China Mobile Yunnan's 2026 high-performance intelligent computing cluster project.
The pre-award amount is about 137 million yuan, including tax, according to a Wednesday filing with the Shenzhen bourse.
The project involves leasing basic computing power service equipment.
Shares of the telecommunication company rose 2% in recent trade.
Vanchip Tianjin Technology (SHA:688153) plans to acquire a 33% stake in Sibaichuang (Shenzhen) Technology for 270.3 million yuan, according to a Shanghai bourse filing on Thursday.The acquisition of the RF filter chip manufacturer's stake will be made through capital injection.The Chinese telecommunications equipment manufacturer will invest 252.8 million yuan of its own funds to subscribe for 4.9 million yuan worth of Sibaichuang's newly registered capital.Vanchip will also acquire 488,689 yuan of Sibaichuang's registered capital from shareholder Dai Chuxian for 17.5 million yuan.The company's shares jumped 6% during the afternoon trade.
Sumitomo Mitsui Banking is increasingly leveraging loan portfolio sales and synthetic risk transfers to optimize capital deployment and improve returns, Bloomberg News reported, citing Asia-Pacific Deputy Head Carsten Stoehr.The banking unit of Sumitomo Mitsui Financial (TYO:8316) is accelerating loan distribution and placing greater emphasis on fee-based income to generate revenue without consuming as much capital, according to the report.The strategy reportedly supports the group's goal of raising the return on tangible equity to 15% over the next five years, up from 11.4% in the previous fiscal 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.)
New Zealand shares ended flat on Thursday, while Asian shares saw broad-based losses following a sell-off on Wall Street's Wednesday session.The S&P/NZX 50 Index was little changed to close at 13,101.61.On Wednesday, the S&P 500 lost 0.7%, the Nasdaq Composite fell 0.9%, and the Dow Jones declined 1.2%.In domestic news, New Zealand's seasonally adjusted total building volume fell 3.5% in the March quarter compared with the December 2025 quarter, data from Stats NZ showed.Also, the national median home value in New Zealand held steady in May at NZ$808,187, unchanged from April but down 0.1% over the past three months, according to Cotality's Home Value Index.Further, the ANZ World Commodity Price Index climbed 0.7% month over month in May, with all commodity groups in the index seeing incremental gains, according to a report from ANZ Research.Meanwhile, overall card spending in New Zealand rose 1.8% in May in seasonally adjusted terms, up 4.8% compared with the same period last year, with a notable bounce-back at discretionary-type stores, ANZ said in a reportIn corporate news, Henderson Far East Income's (NZE:HFL) unaudited net asset value, including current fiscal year revenue items, was 2.651 pounds sterling per share as of Tuesday.Bankers Investment Trust's (NZE:BIT) unaudited net asset value was 1.605 pounds sterling per share as of Tuesday.