China Jushi (SHA:600176) raised 400 million yuan via the issue of 268-day notes.
The notes, due February 2027, carry an interest rate of 1.47%, according to a Thursday filing with the Shanghai bourse.
China Construction Bank served as lead underwriter, while Hengfeng Bank served as co-lead underwriter.
Shares of the fiberglass manufacturer declined 2% in recent trade.
ITC Properties (HKG:0199) signed a memorandum of understanding with China Unicom (Hong Kong) (HKG:0762) to explore cooperation in artificial intelligence computing infrastructure and related businesses in Hong Kong, according to a Friday bourse filing.The companies plan to collaborate on data center resources, AI computing services, and market development opportunities in Hong Kong.China Unicom Hong Kong intends to provide at least 2 megawatts of data center capacity within three months and a further 4 megawatts within six to nine months, subject to definitive agreements.The cooperation framework also covers potential participation in China Unicom Hong Kong's new data center project in Fanling, where ITC intends to secure about 8 to 10 megawatts of capacity for sublease to customers.
Producer manufacturing shares gained the most on New Zealand's Exchange, rising past 1% by midday Friday.Skellerup Holdings (NZE:SKL) shares rose 1% in recent trade.Meanwhile, the consumer durables sector fell 1%.KMD Brands (NZE:KMD, ASX:KMD) was down 3% in recent trade.
Eicher Motors (NSE:EICHERMOT, BOM:505200) has received a demand order worth 16.4 million Indian rupees from the Office of the Principal Commissioner of Customs in Kolkata, West Bengal, India, according to a Thursday filing to the Indian stock exchanges.The demand relates to preferential tariff exemption claimed by the company on import of goods for one shipment in 2020.As per the agrimachinery and tractor company's assessment, the demand by the customs office is not maintainable and that it is evaluating all options including filing an appeal against the order.Eicher doesnt' expect any relevant impact on financials, operations or other activities of the company due to this order.