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CGS International Adjusts Hong Leong Asia's Price Target to SG$5.50 from SG$4.50, Keeps at Add

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Asia

Agricultural Bank of China Sells 35 Billion Yuan Bonds

Agricultural Bank of China (SHA:601288, HKG:1288) completed the issue of 35 billion yuan of bonds divided into two tranches on Tuesday, according to a same-day Hong Kong bourse filing.The first tranche comprises 33 billion yuan of 10-year bonds with an interest rate of 1.97%, while the second tranche of 2 billion yuan bonds has an interest rate of 2.27% and will fall due in 15 years.The Chinese lender will use proceeds to boost its tier 2 capital.

$HKG:1288$SHA:601288
Asia

Chia Tai Enterprises' Profit Slides in Q1

Chia Tai Enterprises International (HKG:3839) recorded an attributable profit of $5.6 million in the first quarter, down from $7.7 million a year prior.Revenue slipped to $99 million from $165 million in the year-ago period, according to a Tuesday Hong Kong bourse filing from the biotech and investment business.

$HKG:3839
Asia

Fractal Analytics' Consolidated Net Profit Jumps in Fiscal Q4

Fractal Analytics' (NSE:, BOM:544700) consolidated attributable net profit to owners of the parent more than doubled to 1.18 billion Indian rupees in the fiscal fourth quarter from 548 million rupees a year ago.Earnings per share for the quarter ended March 31 jumped to 6.73 rupees from 3.26 rupees a year earlier, according to a Tuesday filing to the Indian stock exchanges by the artificial intelligence and data analytics company.Revenue from operations of the company increased year on year to 8.86 billion rupees from 7.58 billion rupees.

$BOM:544700$NSE:FRACTAL