CSL (ASX:CSL) shares dropped 6% to their lowest since August 2017 after US Secretary of War Pete Hegseth on Tuesday said the mandatory flu vaccine requirement for the joint force has been discarded, effective immediately, according to a video posted on his X account.
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China Minsheng Banking Issues 30 Billion Yuan Tier 2 Capital Bonds
China Minsheng Banking (SHA:600016, HKG:1988) issued Tier 2 capital bonds amounting to 30 billion yuan, according to a Shanghai bourse filing on Wednesday.The 10-year fixed-rate bonds have a coupon rate of 2.13%, with a conditional issuer call option at the end of the fifth year.Proceeds from the issuance will be used to supplement the lender's Tier 2 capital.The bank's Hong Kong shares slipped 1% during the morning trade.
HKG:1988SHA:600016
Asia
Kaishan 2025 Profit Up 14%, Revenue Rises 12%
Kaishan Group (SHE:300257) posted 2025 attributable net profit of 364.2 million yuan, up 14% from 320.4 million yuan the previous year.Earnings per share rose to 0.37 yuan from 0.32 yuan, according to a Wednesday filing with the Shenzhen bourse.The compressor maker's operating revenue rose 12% year over year to 4.72 billion yuan from 4.23 billion yuan.Shares of the company were down 1% in recent trade.
SHE:300257
Asia
Shanjin International Gold's Attributable Profit Jumps 101% in Q1
Shanjin International Gold's (SHE:000975) attributable profit rose 101% to 1.39 billion yuan in the first quarter from 693.8 million yuan in the year-ago period, according to a Wednesday filing with the Shenzhen bourse.Earnings per share at the mining company increased 101% to 0.5023 yuan from 0.2499 yuan in the prior-year period.Operating income grew 37% year over year to 5.94 billion yuan from 4.32 billion yuan.Shares increased 1% during the midday break on Wednesday.
SHE:000975