Shenzhen Huaqiang Industry (SHE:000062) appointed Vice President Wang Xiaohong as president, succeeding Chen Huijun who resigned for personal reasons.
Chen remains as director, according to a Wednesday filing with the Shenzhen bourse.
Shares of the electronic information products maker were down 1% in recent trade.
Japanese shares extended their opening gains to close stronger on Wednesday, crossing the 68,000 level, driven by the positive movement in the broader Asian markets and the local government's initiatives to uplift the economy.The Nikkei 225 index surged 1,667.89 points, or 2.5%, to finish at a record 68,402.13.Japan's cabinet authorized a 3.1 trillion yen additional budget aimed at shielding households from inflation worsened by the Middle East conflict, Bloomberg News reported Wednesday.As per the report, the supplementary package establishes a 2.5 trillion yen reserve fund to offer subsidies for countering higher commodity prices, including gasoline.Investors are also keenly eyeing Bank of Japan Governor Kazuo Ueda's planned speech for hints on the outlook for interest rates.Media reports quoted Finance Minister Satsuki Katayama as saying that the government "will respond appropriately at any time as necessary" on the falling value of the yen.On the corporate side, SoftBank Group's (TYO:9984) telecom unit SoftBank Corp. has been shortlisted for a potential bid on Blackstone's payments services provider SP.LINKS Inc., Bloomberg reported Wednesday, citing sources.Also, Sakai Moving Service's (TYO:9039) May sales rose 4.7% from a year earlier to 8.12 billion yen, according to a Wednesday filing on the Tokyo Stock Exchange.
First Tractor (HKG:0038, SHA:601038) will pay a final dividend of HK$0.2243 per share for the year 2025, according to a Tuesday filing with the Hong Kong bourse.Shares of the tractor company were down nearly 2% in Wednesday afternoon trading.The dividend will be paid July 15 to shareholders of record June 11.
STO Express (SHE:002468) said the Shenzhen Stock Exchange has accepted its application for a public issuance of convertible corporate bonds to unspecific objects, according to a Wednesday filing with the Shenzhen bourse.The proposed bond issuance remains subject to further review by the Shenzhen bourse and approval by the China Securities Regulatory Commission.