Postal Savings Bank of China (HKG:1658, SHA:601658) appointed President Lu Wei as chief compliance officer, effective Tuesday, according to a same-day Hong Kong bourse filing.
Hong Kong-listed shares of the lender were down nearly 1% in Wednesday's late morning trade.
Lu previously held senior roles at China CITIC Bank (HKG:0998, SHA:601998) and also served as chairman of CITIC Trust.
Shanghai Junshi Biosciences (HKG:1877, SHA:688180) said its cancer therapy toripalimab met the main goal of a phase 3 study in lung cancer, according to a Tuesday filing with the Hong Kong bourse.The company's shares fell over 3% in late morning trade Wednesday.Based on the final analysis of the trial, the drug met the primary endpoints of event-free survival and major pathological response in subjects with stage II-III non-small cell lung cancer, the firm said.The company now plans to seek regulatory approval to expand the drug's coverage from perioperative treatment of patients with resectable stage III non-small cell lung cancer to those with stage II-III of the disease.
Hony Media Group (HKG:0419) agreed to issue HK$55 million worth of shares to two investors, according to a Tuesday filing with the Hong Kong bourse.The new media company's shares fell over 4% in late morning trade Wednesday.The firm will issue 137.5 million shares priced at HK$0.40 each to raise funds to meet several expenses.The shares represent 9.28% of the company's issued share capital and 8.49% as enlarged by the sale.
Xinte Energy (HKG:1799) has entered into a 500 million yuan finance lease agreement with Everbright Financial Leasing involving a sale-leaseback arrangement for its power plant equipment and facilities, according to a Tuesday Hong Kong bourse filing.The renewable energy company's shares fell nearly 5% in Wednesday's late-morning trading.Under the agreement, Xinte Energy will transfer ownership of assets, including boilers, steam turbine units, and generators, from its self-owned power plant to Everbright Financial Leasing and lease them back for five years.Net proceeds from the transaction will be used to repay the company's borrowings.