Heren Health (SHE:300550) shares on Tuesday suspended trading for up to two days amid a potential change in control.
Controlling shareholders and major shareholder Topchoice Medical Corporation are planning a matter that could lead to a change in corporate control, according to a Tuesday filing with the Shenzhen bourse.
Petroliam Nasional (PETRONAS) agreed to acquire Saudi Aramco's stakes in Pengerang Refining and Pengerang Petrochemical, collectively known as PRefChem, according to a Monday press release.Subject to closing conditions, the deal will make the joint venture a wholly owned unit of PETRONAS.The acquisition will boost operational alignment and flexibility across PRefChem's value chain, PETRONAS said.Both companies said they will continue exploring commercial cooperation, including crude supply coordination, technology exchange, and product distribution.
Holy Stone Enterprise (TPE:3026) said the global passive components industry is moving toward higher-value segments as AI demand accelerates, with requirements increasingly shaped by platforms from Nvidia since 2020, Taiwan News reported Monday.The company said the shift is lifting both technical specifications and complexity across the supply chain. Chair Tang Jing-rong said demand is tilting toward high-end components, as AI applications require more stable and precise circuit performance. Passive components, which regulate voltage, current and noise rather than compute, are seeing stronger demand for advanced specifications, the report said.The company warned that tight supply conditions in premium categories are likely to persist, with lead times already stretched to 12 to 18 months and potential shortages extending into 2027 if demand remains strong, the news outlet 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.)
Chinese equities were mixed, almost flat, as sentiment over the crackdown on illegal cross-border securities trading waned.The Shanghai Composite Index slipped 0.2, or 7.2 points, to finish Tuesday's trade at 4,145.37. The Shenzhen Component Index marginally rose to 15,876.16.Beijing tightened its crackdown on illicit cross border investing, imposing fines on three securities brokers --- Tiger Brokers, Futu Securities and Changqiao Securities --- that operated without proper approvals.In corporate news, Xingyun Technology (SHE:300209) slumped 11.8% amid unit's plan to sell enterprise-grade SSD drives to Zhejiang Shenhu Technology for 321.8 million yuan.Tongding Interconnection Information (SHE:002491) dropped 7.8% after naming Bai Xiaoming vice chairman.OKE Precision Cutting Tools (SHA:688308) jumped 5.9% despite GEM (SHE:002340) announcing it will dispose of its 5.5% holdings in the CNC cutting tool maker.