FINWIRES · TerminalLIVE
FINWIRES

Seohan E&C Wins KRW155.43 Billion Bongsan-dong Housing Redevelopment Project

By

Seohan Engineering & Construction (KOSDAQ:011370) secured a housing development project from the Bongsan-dong Housing Redevelopment Project Association, the company said in a Tuesday filing with Korea Exchange.

The contract is valued at 155.43 billion won, and the 40-month contract period starts from the actual construction date, which may change in the future.

Shares of Seohan Engineering & Construction fell more than 1% in recent trade.

Related Articles

Asia

Market Chatter: US Chipmakers See 20% Revenue Growth in China

Despite trade curbs, 26 U.S. semiconductor companies, including Qualcomm and Nvidia, saw an average 20% year-on-year rise in 2025 revenue in China, The South China Morning Post reported Monday.The data was featured in the report released by the Hurun Research Institute tracking the top 100 U.S. earners in China, 26 of which were from the semiconductor industry, 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.)

$^SSEC$^SZSE
Asia

Xingyun Technology's Unit Signs 322 Million Yuan Deal to Sell SSD Drives; Shares Plunge 13%

Xingyun Technology's (SHE:300209) unit, Xingyun Storage (Shenzhen) Technology, agreed to sell enterprise-grade SSD drives to Zhejiang Shenhu Technology for 321.8 million yuan, according to a Shenzhen bourse filing on Tuesday.The product can be delivered in multiple batches within 45 days after the contract signing.The shares of the Chinese packaging production equipment manufacturer plunged nearly 13% during morning trade.

$SHE:300209
Asia

GEM to Offload Stake in OKE Precision Cutting Tools; OKE Down 6%

GEM (SHE:002340) plans to dispose of up to 5.5% of OKE Precision Cutting Tools (SHA:688308), according to a Shenzhen bourse filing on Tuesday.The stake represents 8,732,993 shares.The waste resource comprehensive utilization company currently owns 10.4%, or 16,523,500 shares, of OKE's total share capital.GEM's shares rose 1%, while OKE's shares dropped by less than 6% during the morning trade.

$SHE:002340