-- New Silkroad (HKG:0472) said it agreed to issue HK$137.9 million worth of shares to six investors, according to a Hong Kong bourse filing Tuesday.
The wine producer's shares jumped nearly 26% in late morning trade Wednesday.
The firm plans to issue 641.5 million shares priced at HK$0.215 each to raise funds to expand its smart seed and semiconductors supply chain businesses.
The shares represent 20% of the company's issued share capital, and 16.67% as enlarged by the sale.
Rox Resources' (ASX:RXL) Youanmi gold project in Western Australia is expected to be one of the highest-grade producers on the ASX with mines located in Australia, according to a Wednesday note from Euroz Hartleys.Grade control drilling is set to define one year of production in advance to add greater granularity to mine planning and reconciliation processes. The gentle undulating nature of the ore-body allows rapid ore drive development, it said.The firm is moving toward first gold in mid-2027. It has delivered on everything it said it would, and the highest-grade gold development story on the ASX is expected to outperform in the medium term.The investment firm kept its recommendation on Rox Resources unchanged at speculative buy and cut the price target to AU$0.90 per share from AU$1.06 per share.
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We cut our target by $21 to $328, 33.7x our 2027 EPS estimate, in line with ECL's three-year average forward P/E. We trim our EPS estimates by $0.16 to $8.47 for 2026 and by $0.10 to $9.74 for 2027. ECL delivered strong Q1 results with accelerating organic growth and margin expansion, supported by its growth engines (Global High-Tech, Life Sciences, Pest, Digital), which collectively grew 12% and now represent 20%+ of sales. The 2026 guidance (+12%-15% adjusted EPS) is maintained despite rising commodity costs given confidence in its pricing power. The pending CoolIT Systems acquisition will create a $1.5B high-tech platform growing 20%-25%+ annually at high margins, positioning ECL as the leading provider of circular water management and direct-to-chip cooling for AI data centers. ECL remains on track to achieve its 20% operating margin target by 2027 (vs. 16.7% in Q1), supported by strong pricing execution, a portfolio mix shift toward higher-margin businesses, and SG&A leverage from digital/AI initiatives.
Fortior Technology (SHA:688279, HKG:1304) posted net profit attributable to shareholders of 88.3 million yuan for the first quarter, up 75% from 50.4 million yuan a year earlier, according to a Tuesday filing with the Hong Kong bourse.Hong Kong-listed shares of the integrated circuit design company were up nearly 1% in Wednesday afternoon trading.Earnings per share came in at 0.77 yuan, up from 0.54 yuan a year earlier.Revenue rose 46% to 250.3 million yuan from 171.2 million yuan in the prior-year period.