Xiamen Hongxin Electronics Technology (SHE:300657) plans to raise up to 693.5 million yuan through a share placement, according to a Wednesday disclosure on the Shenzhen bourse.
The company will place 48,841,005 shares for 14.20 yuan per share to its actual controller, Li Qiang.
Proceeds from the share placement will be used to supplement working capital.
The Chinese flexible printed circuit board manufacturer's shares slumped 6% at the close.
Virgin Australia Holdings (ASX:VGN) launched flight search functionality within the ChatGPT artificial intelligence chatbot, becoming the first airline in Australia to do so, the company said Wednesday.When prompted with travel needs, ChatGPT will direct customers to Virgin Australia flights and Velocity Frequent Flyer Reward Seat options, eliminating the need to navigate multiple website pages, the company said.The launch builds on a collaboration Virgin Australia entered with ChatGPT developer OpenAI in November 2025.
Posco Holdings (KRX:005490) disclosed a serious industrial accident at its Shinansan Line l, which left one worker dead, according to a Wednesday filing with the Korea Exchange.The worker fell from a height during electrical work preparation in a vertical shaft on Tuesday. The cause of the fall hasn't been identified yet, the filing said.Police and the Ministry of Employment and Labor are investigating the incident, and accident prevention measures are being written to prevent a recurrence, it said.
BOE Technology (SHE:000725) controlling subsidiary Energy Technology plans to terminate its application for a public issuance of shares and listing on the Beijing Stock ExchangeEnergy Technology cited adjustments to its development strategy and actual operational needs for the move, according to a Wednesday filing with the Shenzhen bourse.The withdrawal is subject to the approval of the subsidiary's shareholders.Shares of the electronics components producer were down nearly 8% in recent trade.