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FINWIRES

China Regulator Receives Capital Securities' Application for Hong Kong Secondary Offering

-- China's securities regulator received Capital Securities' (SHA:601136) application for a secondary offering on the Hong Kong bourse, according to a Friday filing with the Shanghai Stock Exchange.

The securities brokerage is looking to issue up to 1.05 billion shares in its secondary offering.

Shares decreased 1% during morning trading on Friday.

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Abundante Swings to Loss in Fiscal H2

Abundate (SGX:570) booked a loss of SG$320,000 in the fiscal second half ended Feb. 28, from a profit of SG$134,000 a year earlier, according to a Wednesday filing with the Singapore Exchange.Loss per share stood at SG$0.0031 compared with earnings per share of SG$0.0013 in the year-ago period.Revenue rose 6% year over year to SG$4.1 million from SG$3.9 million, backed by strong demand for local construction activities.

$SGX:570