Hangzhou Oxygen Plant (SHE:002430) lowered the conversion price of its Hangyang convertible bond to 25.67 yuan per share from 25.97 yuan per share, effective June 9.
The adjustment follows the company's 2025 profit distribution plan, which pays a cash dividend of 3.00 yuan per 10 shares, according to a Tuesday filing with the Shenzhen bourse.
Shares of the industrial gas manufacturer closed 1% higher Tuesday.
Abundance International (SGX:570) established a medical and technological research and development company in China, named Abundance Biomedical (Shanghai), according to a Tuesday filing with the Singapore Exchange.The company has a registered capital of 3.5 million yuan and is part of the waste management company's strategy of commercialization and production of CypH-11.
At least seven Chinese universities with links to the country's military are looking to gain access to Nvidia's H200 chips, Bloomberg reported Monday, citing a review of procurement records.Among the schools that are seeking to rent the sophisticated chips are Beihang University and Northwestern Polytechnical University, the report said.The two schools are part of China's "Seven Sons of National Defense," and both are blacklisted by the U.S. Commerce Department for their role in aiding the People's Liberation Army, Bloomberg said.Bloomberg also identified more than 25 Chinese universities and labs that are working with the PLA to obtain older-generation Nvidia chips, according to the news outlet.(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.)
Japan's Fair Trade Commission conducted on-site investigations at three Persol (TYO:2181) subsidiaries - Persol Tempstaff, Persol Excel HR Partners and MC Partners - over a possible Antimonopoly Act violation concerning temporary staffing services.The company takes the investigation with the utmost seriousness and will continue to cooperate fully with the Japan Fair Trade Commission, while reaffirming its commitment to strict compliance with all applicable laws and regulations, according to a Tokyo bourse filing on Tuesday.