Shuangdeng Group (HKG:6960) completed its planned H-share circulation in Hong Kong, according to a filing with the city's bourse Wednesday.
The battery maker's shares gained nearly 6% in late-morning trade Thursday.
The firm converted and listed about 191.8 million domestic shares, or 46% of its total issued capital, into H shares under the full circulation scheme.
China recorded 23.21 billion cross-regional passenger trips from January to April, up 2.1% from last year, state media reported Wednesday.Road passenger traffic rose 1.7%, while waterway trips climbed 7.4%.Commercial cargo handling went up 3.6% to 18.2 billion tonnes. Port cargo throughput rose 3.1% to 5.9 billion tonnes, with container throughput rising 7.2% to 120 million twenty-foot equivalent units.Fixed-asset investment in the transport sector exceeded 894.4 billion yuan during the period.
Emperor Capital Group (HKG:0717) booked HK$39 million in attributable profit for the fiscal first half ended March 31, falling from HK$56.1 million a year earlier, according to a Wednesday filing with the Hong Kong bourse.Shares of the financial services provider fell 11% in recent trade.Basic earnings per share were HK$0.0058, compared with HK$0.0083 in the prior-year period.Revenue fell sharply to HK$147.7 million from HK$402.6 million a year ago.
Eagers Automotive (ASX:APE) is expected to grow deliveries in the second half of fiscal 2026, supported by improved supply via its scaled partnership with Toyota following a constrained first half, according to a Wednesday note by Jefferies.The company's trading update was "positive" about new order write, and turnover was up around 5% on the prior corresponding period, Jefferies said. Orders taken throughout this period exceeded deliveries by more than 29%, with supply restraints impacting and deferring delivery timing.While Eagers was positive about a supply recovery in the second half, Jefferies opted for a cautious approach and cut fiscal 2026 profit before tax estimate by 3% to account for the reduced ability to convert new orders to deliveries/revenue.The investment firm retained its buy rating and AU$30.50 price target for Eagers Automotive.Eagers Automotive's shares tumbled 8% in recent Thursday trade.