-- Sarine Technologies (SGX:U77) bought back 10,000 shares in the open market on Tuesday for SG$2,035 or SG$0.2 apiece, a Tuesday filing with the Singapore Exchange said.
The chemicals company can repurchase 17.1 million shares under its new buyback mandate. To date, it has bought back 1.2 million shares.
Gotion High-tech (SHE:002074) said the world is shifting its focus on green energy as the war in Iran made disruptions on the global oil supply, Bloomberg News reported Thursday, citing its founder and chairman.Chairman Li Zhen told Bloomberg Television in an interview that the world is "placing more emphasis" on new energy, such as solar and wind, with cost improvements in batteries enabling governments to become more self-sufficient and not reliant on fossil fuel "from a few countries", the media outlet said.Li predicted that the demand for energy storage systems will jump five times higher than electric vehicles as artificial intelligence becomes more rampant in the long run, giving more opportunities for the battery maker's expansion, Bloomberg said.Data from the China Passenger Car Association showed a doubling of China's electric and hybrid vehicle exports, showing industries and consumers looking for energy supply alternatives, according to the report.(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.)
GigaVis (KOSDAQ:420770) secured a contract to supply semiconductor substrate inspection and repair equipment to domestic chip substrate manufacturers, according to a Friday filing with the Korean Exchange.The contract, valued at 9.04 billion won, is valid until Oct. 30.Shares of the industrial machinery and electronic parts manufacturer jumped more than 9% at market close.
Xiamen Xiangyu's (SHA:600057) net profit attributable to shareholders in 2025 slipped 8.9% to 1.29 billion yuan from 1.42 billion yuan a year earlier, according to a Shanghai bourse filing on Friday.Earnings per share dropped 38% year on year to 0.30 yuan from 0.48 yuan.Operating revenue rose 12% to 410.3 billion yuan from 366.7 billion yuan in the previous year.The Chinese logistics services provider's shares slumped 7% at the close.