-- China Mengniu Dairy (HKG:2319) recorded 1.55 billion yuan in attributable profit for 2025, a sharp rise from 105 million yuan in 2024, according to a Hong Kong bourse filing Monday.
The dairy company's shares fell nearly 2% in late morning trade Tuesday.
Earnings per share were 0.395 yuan, compared with 0.027 yuan in the prior year.
Revenue fell 7.3% year on year to 82.2 billion yuan, figures showed.
The company also proposed a final dividend of 0.52 yuan for the year.
Syntara (ASX:SNT) received positive feedback from the US Food and Drug Administration following a type C meeting, supporting the design of its planned phase 2b clinical trial of amsulostat for the treatment of myelofibrosis, according to a Tuesday filing with the Australian bourse.The primary endpoint of the phase 2b study will be the achievement of a 50% reduction in the total symptom score following nine months of treatment, with about 100 patients expected to be enrolled, per the filing.The positive feedback from the US FDA allows for amsulostat's progression into late-stage clinical development and paves the way for further engagement with prospective commercial partners, the company said.Myelofibrosis is a type of bone marrow cancer where the accumulation of scar tissue leads to a loss of red and white blood cells and platelets.
Japan's IPO market will remain under pressure despite strong debuts from a sake brewer and a pet food maker, as investors continue to favor AI-related stocks, Reuters reported Tuesday.Shares of Umenoyado Brewery (TYO:559A) rose about 75% on their first trading day, while Inuneko-Seikatsu (TYO:556A) gained more than 30% after listing. The gains contrast with broader weakness, with many new listings trading below their offer prices this year, the report said.Investor focus on AI leaders such as SoftBank Group (TYO:9984) and Advantest (TYO:6857) has diverted flows away from smaller, domestically focused IPO candidates. Stricter listing standards from the Tokyo Stock Exchange are also weighing on activity, with companies facing tougher valuation thresholds in coming years, according to the report.The number of IPOs in Tokyo will likely fall about 20% this year from 2025 levels, as retail investors prioritize short-term gains in large-cap technology stocks over new listings, the report said.(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.)
Magma Group (KLSE:MAGMA) completed the listing and quotation of 18.9 million shares on the Main Market of Bursa Securities, according to a Monday Malaysian bourse filing.Shares dropped about 2% in Tuesday's recent trade.The company had proposed a private placement of up to 10% of its total shares to third-party investors.