FINWIRES · TerminalLIVE
FINWIRES

COFCO Joycome, Parent Launch Hog Breeding, AI Research Projects

By

COFCO Joycome Foods (HKG:1610) entered into two technology development contracts with parent company COFCO and its subsidiaries to conduct research on hog breeding and AI breeding technologies, according to a Wednesday Hong Kong bourse filing.

Under the agreements, COFCO and its group subsidiaries, Wuhan COFCO Meat Product and COFCO Joycome (Jilin), will jointly undertake the projects.

The hog breeding technology project has a budget of 33.5 million yuan, while the AI breeding application technology project will receive 14.3 million yuan.

Both projects are scheduled to run through December 2027, the filing said.

Related Articles

Asia

Malaysian Tycoon Vincent Tan Lowers Berjaya Stake

Berjaya (KLSE:BJCORP) said Vincent Tan sold 461.65 million shares of the company across seven transactions on May 28, according to a Thursday Malaysian bourse filing.The Malaysian tycoon now owns 4.11% in direct interest and 10.96% in deemed interest in the conglomerate.The latest disposal follows the reported sale of a 5.25% stake in Berjaya in March.

$KLSE:BJCORP
Asia

China's Q1 ESG Bond Issuance Down 21%

China's onshore ESG-labeled bond issuance dropped 21% year on year in the first quarter, following a strong 70% rebound in 2025, according to a Wednesday news release from Sustainable Fitch.Offshore issuance remained subdued, though sovereign activity supported early Q2 momentum.Onshore social bonds were resilient, with corporate participation broadening across utilities and infrastructure.ESG-labeled panda bond issuance doubled annually in Q1, driven by competitive renminbi funding rates, but remained a small fraction of total panda bonds.

$^SSEC$^SZSE
Asia

Market Chatter: Nagase & Co. Targets Middle East Supply Risks with New Starch-Based Absorbent Polymer

Nagase & Co. (TYO:8012) has developed a starch-based superabsorbent polymer (SAP) to replace the petroleum-based materials traditionally used in diapers and sanitary pads, Nikkei Asia reported Thursday, citing an official.Japanese startup VVV is releasing a women's incontinence pad on Thursday that uses Nagase's new material, the report said.Nagase developed the material to reduce reliance on naphtha (petroleum) and avoid supply chain disruptions from the Middle East, according to the report.Nagase developed the material in 2023 by combining its subsidiaries' expertise in enzymes and semiconductor-grade plastics.(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.)

$TYO:8012