-- Willfar Information Technology (SHA:688100) won projects amounting to 223.2 million yuan in April, according to a Shanghai bourse disclosure on Thursday.
The projects included bids won from the State Grid Corporate of China.
The electrical energy measurement equipment manufacturer's shares rose less than 2% during the midday trade.
The Organisation for Economic Cooperation and Development (OECD) said New Zealand should reconsider how frequently it adjusts the Reserve Bank of New Zealand's remit, as frequent changes raise the risk of monetary policy mistakes, according to a Thursday report published by the organization.The central bank's remit is set by New Zealand's Minister of Finance and covers its operational objectives, including the target inflation range.The OECD said there have been frequent changes to the monetary policy mandate and remit since 2019, and that maintaining stability outside scheduled five-year review cycles would support the bank's credibility and enhance its ability to deliver on its inflation objectives.The organization recommended reinforcing the RBNZ's operational independence and credibility, noting that maintaining stability for the full five-year cycle until the 2028 review would support predictability, credibility, and confidence in the monetary policy regime.
CITIC Securities (SHA:600030, HKG:6030) indirect unit CSI MTN issued $5 million in medium term notes.Proceeds will be used to supplement working capital, according to a Wednesday filing with the Shanghai bourse.Shares of the financial services provider were down 1% in recent trade on the Shanghai bourse and 2% on the Hong Kong bourse.
Harbour Energy (HBR.L) said Thursday that its production and revenue increased year over year in the three months ended March 31.The oil and gas company's production was 506,000 barrels of oil equivalent per day, compared with 500,000 boepd previously. Meanwhile, revenue increased to $3 billion from $2.8 billion.Looking ahead, the company upgraded its production guidance to 480,000 boepd to 500,000 boepd, compared with a previous range of 475,000 boepd to 500,000 boepd.