Citizen Watch (TYO:7762) has an average rating of hold and mean price target of 2,091.67 yen, according to analysts polled by FactSet.
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LC Logistics (HKG:2490) unit BAL Athena Shipping entered into a bareboat charter to lease a vessel from Tianjin Green Ocean-V Leasing for 120 months, with a requirement to buy it at the end of the period, according to a Wednesday filing with the Hong Kong bourse.Shares of the logistics company were up over 6% in Thursday afternoon trading.At the same time, another unit Bal Container Line agreed to assign the shipbuilding agreement for the 14,000 TEU container vessel to Tianjin Green Ocean-V Leasing, with the consideration comprising the third and fourth installments.LC Logistics will be the standby charterer under the deal.
Xiamen King Long Motor's (SHA:600686) bus sales slipped 1.9% to 3,509 units in May from 3,575 units in the year-ago period, according to a Thursday filing with the Shanghai bourse.Bus production grew 1.6% to 4,146 units from 4,082 units.Shares fell 8% during late afternoon trading on Thursday.
Leshan Electric Power (SHA:600644) plans to establish a subsidiary to manage the implementation of a power station project, according to a Shanghai bourse filing on Thursday.The subsidiary will be named Sichuan Ledian Qingbaijiang Energy Storage Technology and it will have a registered capital of 1 million yuan.Ledian Qingbaijiang will be the implementing body for the construction of an electrochemical energy storage power station, which will have a capacity of 100 megawatts or 200 megawatt hours.The Chinese hydroelectric power distributor's shares slipped 1% during the afternoon trade.