China Film (SHA:600977) Chairman Fu Ruoqing stepped down upon reaching retirement age, according to a Tuesday filing with the Shanghai bourse.
Fu took office in 2022. The film company has yet to name his successor.
China Film (SHA:600977) Chairman Fu Ruoqing stepped down upon reaching retirement age, according to a Tuesday filing with the Shanghai bourse.
Fu took office in 2022. The film company has yet to name his successor.
Charter Hall Group's (ASX:CHC) delivery of a third profit upgrade for fiscal 2026 against the backdrop of an 0.8% rise in bond yields is "impressive," Jefferies said in a Monday note.The company recently increased its fiscal-year guidance for operating earnings to AU$1.03 per security from AU$1 previously, in line with Visible Alpha estimates and slightly ahead of Jefferies'.The upgrade represents a nearly 27% increase in fiscal 2025 operating earnings per security of AU$0.814.Additionally, the company said its financial year-to-date gross equity inflows total AU$6.5 billion, the highest in its 35-year history, up by AU$1.7 billion since the first half of the current fiscal year.The company also secured 25 new institutional investors over the past 18 months, with property funds under management increasing to AU$74.7 billion from AU$71.7 billion at the end of 2025.Jefferies upgraded its fiscal year 2026 to fiscal year 2028 operating earnings per share forecasts by 3% to 7%, expecting the company to hit AU$1.04 per security in the current fiscal year.Jefferies maintained its buy rating on Charter Hall Group and lifted its price target to AU$33.83 from AU$32.03.
Sunic System (KOSDAQ:171090) secured a large-area deposition equipment contract for organic light-emitting diode deposition equipment from LG Display (KRX:034220), according to a filing with the Korea Exchange on Tuesday.The contract, the value of which was undisclosed, is valid till May 21, 2027.Shares of the electrical components manufacturer fell nearly 2% in recent trade, while those of LG Display rose over 7%.
Nordic Group (SGX:MR7) bought back 116,000 shares in the open market on Monday for SG$67,608, a Tuesday filing with the Singapore Exchange said.The wastewater treatment company has been mandated to buy back 39.8 million shares under its current mandate.