Tah Hsin Industrial (TPE:1315) sold 2.3 million Nan Ya Plastics (TPE:1303) shares for about NT$200.3 million.
The shares were sold between Jan. 16 and June 2, at an average price of NT$86.89, according to a Tuesday Taiwan Exchange filing.
The deal resulted in a gain of NT$119.13 million, the company said.
Tah Hsin said the disposal was conducted as part of portfolio management.
Hangzhou Oxygen Plant (SHE:002430) lowered the conversion price of its Hangyang convertible bond to 25.67 yuan per share from 25.97 yuan per share, effective June 9.The adjustment follows the company's 2025 profit distribution plan, which pays a cash dividend of 3.00 yuan per 10 shares, according to a Tuesday filing with the Shenzhen bourse.Shares of the industrial gas manufacturer closed 1% higher Tuesday.
Abundance International (SGX:570) established a medical and technological research and development company in China, named Abundance Biomedical (Shanghai), according to a Tuesday filing with the Singapore Exchange.The company has a registered capital of 3.5 million yuan and is part of the waste management company's strategy of commercialization and production of CypH-11.
At least seven Chinese universities with links to the country's military are looking to gain access to Nvidia's H200 chips, Bloomberg reported Monday, citing a review of procurement records.Among the schools that are seeking to rent the sophisticated chips are Beihang University and Northwestern Polytechnical University, the report said.The two schools are part of China's "Seven Sons of National Defense," and both are blacklisted by the U.S. Commerce Department for their role in aiding the People's Liberation Army, Bloomberg said.Bloomberg also identified more than 25 Chinese universities and labs that are working with the PLA to obtain older-generation Nvidia chips, according to the news outlet.(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.)