Beijing Yunji Technology (HKG:2670) repurchased HK$3.3 million worth of its shares from the open market, according to a Tuesday filing with the Hong Kong bourse.
The robotics company's shares gained nearly 3% in morning trade Wednesday.
The firm purchased 9,950 H shares for prices ranging from HK$329.4 to HK$323.8 apiece.
China Vanke (HKG:2202, SHE:000002) is asking holders of some of its onshore medium-term notes to extend the bonds' maturity by one year, offering to repay part of the principal upfront in return, Reuters reported Tuesday.The distressed developer has offered to repay 40% of the principal if holders of two 2 billion yuan bonds due on June 15 and July 7 push maturity forward, the report said, citing sources. The notes offer coupons of 3.07% each.Two other corporate bonds due or puttable in July are also subject to the same proposal, Reuters reported.The company has scheduled a meeting with bondholders on June 5 with a voting deadline of June 9.(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.)
Impro Precision Industries (HKG:1286) plans to raise about HK$539 million in net proceeds through a top-up placing and subscription, according to a Wednesday Hong Kong bourse filing.An existing shareholder is set to offer up to 60 million shares at HK$9.10 per share to at least six independent investors on a best-efforts commitment, representing about 3.18% of the company's existing issued share capital.Impro Precision will issue the same number of new shares to the seller under the top-up subscription at the same price.The placing price represents a 13.6% discount to the stock's last closing price.Net proceeds will be used for capital expenditures at the company's Mexico and China plants to meet demand related to AI data centers, future aerospace production capacity expansion, repayment of bank borrowings, and general working capital and corporate purposes.Shares of the precision machining components maker were down more than 4% in late morning trade on Wednesday.
S&P Global Ratings affirmed Zijin Mining Group's (SHA:601899, HKG:2899) BBB rating and raised the outlook to positive from stable.The positive outlook reflects the rating agency's view that Zijin Mining will deliver rising output from its projects in the next two years and its policy of controlling debt to EBITDA and resilient metals prices will keep the ratio below 1.5x, according to a Tuesday research note..Zijin Mining's stronger cash flow, which is expected to continue into 2026, will somewhat cushion its elevated investments, S&P said.Shares of the miner were down 3% on the Shanghai bourse and 2% on the Hong Kong bourse.