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AOM International Signs MoU for Potential JV Formation

AOM International (HKG:0381) entered into an 60-day exclusive MoU with Winutri Life Group to establish a new joint venture in Hong Kong, a Tuesday bourse filing showed.The JV company will manage Winutri Life Group's anti-aging consumer products, AI rings, and health data operations, which will be re-integrated with AOM's existing businesses.The combined business will operate under a new business model, with the supply chain, channels, and operations centrally managed by Winutri.The parties are yet to enter into a formal agreement for the JV formation.

HKG:0381

Asia6h ago

Edvance International Unit Enters Strategic Cooperation for Agentic AI Platform Operation

Edvance International's (HKG:1410) Singapore-incorporated unit Paradise Matrix entered into a three-year strategic cooperation agreement with CWG Innovations to operate a unified agentic AI platform, RealRelay.ai.The move builds on the joint development of the platform, for which the company had engaged CWG Innovations, a Tuesday bourse filing showed.The platform is proposed to offer multiple vertical agentic AI agents specialized in the cybersecurity niche on a subscription basis, and may cover other sectors such as education in the future.Under the contract, the company will commercialize the platform with the aim of driving subscription fees, while CWG will be responsible for its day-to-day operation, maintenance, management, and administration.The intellectual property rights developed or created for the platform related specifically to the cybersecurity vertical agentic AI agents will be exclusively owned by the company.

HKG:1410

Asia6h ago

Jenscare Scientific's Valve Repair System Gets Registration Nod in China

Jenscare Scientific's (HKG:9877) JensClip Transcatheter Valve Repaire System obtained registration approval from China's National Medical Products Administration.The product is designed to treat patients with severe mitral regurgitation, a Tuesday bourse filing showed.

HKG:9877

Asia6h ago

Biosysen Slashes Conversion Price of Convertible Bonds

Biosysen (HKG:1355) adjusted the conversion price of certain convertible bonds to HK$0.129 apiece from HK$0.155 previously with retroactive effect from Aug. 4.The HK$50 million convertible bonds were issued to a subscriber on Aug. 5, a Tuesday bourse filing showed.The adjustment comes following the issue of 596.5 million rights shares on Sept. 8.Following the change, the number of conversion shares to be issued on full conversion of the outstanding bonds will rise to 387.6 million, representing 17.8% of the company's enlarged issued share capital.

HKG:1355

Asia6h ago

Xiangtan Electric Manufacturing to Transfer 60% Stake in Electromagnetic Systems Company in Restructuring

Xiangtan Electric Manufacturing (SHA:600416) will transfer a 60% stake in Hunan Xiangdian Strong Magnet Technology held by subsidiary Changsha Xiangtan Electric Technology to the listed company under a gratuitous transfer agreement, according to a Tuesday filing with the Shanghai bourse.Following the transfer, XEMC will directly hold 60% in the electromagnetic systems company, while the other shareholders will keep their collective 40% stake.

SHA:600416

Asia7h ago

Chinlink International to Lease Hong Kong Premises for Office Use

Chinlink International (HKG:0997) agreed to lease certain premises for thirty-five months from Shui On Centre to use as its office in Hong Kong.The term of the lease begins Oct. 1, 2026, and expires Aug. 31, 2029, a Tuesday bourse filing showed.

HKG:0997

Asia7h ago

Yuk Wing Completes Anhui Runsheng Electric Power Stake Acquisition

Yuk Wing Group (HKG:1536) completed the acquisition of a 65% stake in Anhui Runsheng Electric Power Technology on Sept. 22, according to a same-day Hong Kong bourse filing.Under the acquisition agreement announced June 12, wholly owned subsidiary Top Standard agreed to acquire the stake from Fang Haibo, a controlling shareholder of the target company, for 37.5 million yuan.Anhui Runsheng Electric Power Technology has become an indirect non-wholly owned subsidiary of Yuk Wing Group, with its financial statements to be consolidated into the group's accounts.

HKG:1536

Asia7h ago

Everbright Securities Chairman to Perform President Duties

Everbright Securities (HKG:6178) said Chairman Zhao Ling will perform the duties of president and legal representative following Liu Qiuming's resignation from those roles.Zhao will serve in the roles until a new president and legal representative are appointed, according to a Tuesday Hong Kong bourse filing.

HKG:6178

Asia8h ago

Soon Hock Enterprise Closes Acquisition of Singapore Property

Soon Hock Enterprise (SGX:SHE) unit Soon Hock (4) completed the acquisition of a Singapore property on Tuesday, after obtaining legal title, according to a same-day filing with the bourse.The acquisition follows the receipt of a collective sale order in June, which cleared the way for legal completion of the property purchase.

SGX:SHE

Asia8h ago

Convenience Retail Asia's Controlling Shareholder Offloads Entire Stake

Convenience Retail Asia's (HKG:0831) controlling shareholder, Fung Retailing, sold its entire holding of nearly 311.8 million shares in the company to Lotus Peak Investments for HK$140.3 million.The shares represent roughly 39.86% of the convenience store operator's total issued share capital, a Tuesday bourse filing showed.

HKG:0831

Asia8h ago

Hansoh Pharma's Osteosarcoma Drug Included in Chinese Regulator's Priority Review

Hansoh Pharmaceutical (HKG:3692) said HS-20093 for injection was included in the priority review and approval procedure of China's National Medical Products Administration, a Tuesday bourse filing showed.The inclusion came due to positive results from a phase III trial of the drug for the treatment of osteosarcoma patients aged 12 years and above who have failed at least two prior lines of therapy.

HKG:3692

Asia8h ago

SKC to Back KRW850 Billion in SK Nexilis Hybrid Securities

SKC (KRX:011790) has agreed to guarantee principal and interest on 850 billion won private placement bond-type hybrid securities issued by its subsidiary SK Nexilis, according to a bourse filing on Tuesday.The securities are split into a 530 billion won first tranche and a 320 billion won second tranche, with payment scheduled for Sept. 29.They carry interest rates of 6.860% and 7.325%, mature in 2056 with no limit on extensions, and will be acquired by six investor special purpose companies (SPCs).In a separate filing, SKC has agreed to back principal and interest on the 850 billion won, using the SK Nexilis hybrid securities as collateral.If an SPC runs short of cash and requests support, SKC may choose whether to step in, and if it does, it will lend the shortfall amount to the SPC.SKC's support obligation runs from the cash deficiency support agreement date until the loans are fully repaid, during which it will earn fees from the SPCs based on a fair valuation.SK Nexilis is a major subsidiary of SKC, representing 54.23% of SKC's consolidated total assets, with total assets of approximately 3.66 trillion won.

KRX:011790

Asia8h ago

Update: Market Chatter: New World Development, ADIA Mull HK$3 Billion Hyatt Regency Sale to UOL

(Updates last paragraph to add Abu Dhabi Investment Authority's response)New World Development (HKG:0017) is reportedly looking to sell 50% stake in Hyatt Regency hotel to Singapore-based UOL Group (SGX:U14), Bloomberg reported Tuesday, citing people with knowledge of the matter.Abu Dhabi Investment Authority (ADIA), which owns the remaining 50% interest in the hotel, is also exploring a sale to the same buyer, according to the people.The potential deal would value the Hong Kong hotel at HK$3 billion, the report revealed.ADIA declined to comment, while New World Development and UOL Group did not immediately respond to' request for a comment.(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.)

HKG:0017SGX:U14

Asia8h ago

China Development Bank Financial Leasing Enters 461 Million Yuan Battery Purchase Contract

China Development Bank Financial Leasing (HKG:1606) agreed to acquire power batteries from NIO Sales and Services for 461 million yuan, a Tuesday bourse filing showed.

HKG:1606

Asia8h ago

TS Financial Unit Assigns $10 Million Performing Loan Assets to Bank

TS Financial's (TPE:2887) banking unit Taishin Bank assigned $10 million of performing lending assets to Hua Nan Commercial Bank and its Hong Kong branch.The transaction involves a partial assignment of the bank's rights and obligations under an agreement, according to a Tuesday Taiwan Exchange filing.The assignment is part of Taishin Bank's loan portfolio management, it said.

TPE:2887

Asia8h ago

Hong Kong Finance Group Refinances HK$40 Million Loan

Hong Kong Finance Group (HKG:1273) said its subsidiary HK Finance (PL) agreed to provide a HK$40 million loan to an existing borrower.The new loan carries interest of 15% per year for 12 months from the Sept. 18 drawdown date, according to a Hong Kong bourse filing on Tuesday.The loan is secured by a first mortgage over a residential property on Mount Austin Road in Hong Kong, valued at about HK$145 million as of Sept. 10.Proceeds from the new loan will be used to fully repay a previous loan.

HKG:1273

Asia8h ago

Market Chatter: Life Insurance Corp. of India Said to be Biggest Bidder in NSE's IPO

Life Insurance Corp. of India (NSE:LICI, BOM:543526) was the biggest bidder in the 200-billion-rupee IPO of National Stock Exchange of India, placing an order worth about 45 billion rupees, Bloomberg reported Tuesday, citing people familiar with the matter.ICICI Prudential Asset Management and Quant Mutual Fund each bid about 20 billion rupees, while Norges Bank Investment Management and Mirae Asset Mutual Fund sought roughly 10 billion rupees each, according to the report.The bidding showed strong demand from large institutional investors, while retail participation was more subdued, Bloomberg noted. The offering was reportedly subscribed 5.7 times overall, with the portion reserved for retail investors subscribed 1.3 times and the qualified institutional buyer portion 12.7 times.The offering, which comprised only shares sold by existing shareholders, was priced at INR1,785 per share, the top end of the price range. Shares are scheduled to start trading on the BSE on Sept. 24.NSE and LIC did not immediately respond to requests for comment.(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.)

BOM:543526NSE:LICI

Asia8h ago

ITC Properties Changes English Name to ITC Neocloud Group

ITC Properties changed its English name to ITC Neocloud Group (HKG:0199), alongside a change in its Chinese name.The company's English stock short name will be changed to ITC NEOCLOUD from ITC PROPERTIES on Friday, a Tuesday bourse filing showed.

HKG:0199

Asia8h ago

Market Chatter: Taiwan to Relax Offshore Private Fund Investor Limit by October

Taiwan plans to relax the 99-investor cap for offshore private equity and private credit funds offered in its dedicated wealth-management zone by October, Bloomberg News reported Tuesday, citing Financial Supervisory Commission Chairman Peng Jin-lung.The funds are currently available to Taiwanese individual investors through licensed banks or asset managers, with each investor required to have at least NT$30 million in assets, according to the report.The regulator also plans to expand family-office advisory services and ease restrictions on certain life insurance products in the wealth zone next month, Peng said.Taiwan is seeking to develop the island into a regional wealth-management hub amid rising private wealth and strong capital markets, Bloomberg said.(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.)

Taiwan Weighted

Asia8h ago

Samsung Heavy Industries, GasEntec Sign Deal on SENSE LNG Technology

Samsung Heavy Industries (KRX:010140) and energy technology platform GasEntec signed a memorandum of understanding for GasEntec to license the former's SENSE liquefaction technology for small-scale applications with the capacity of 50,000 to 1 million tons per annum.The collaboration will expand GasEntec's capabilities into liquefied natural gas (LNG) liquefaction, building on its experience integrating modular LNG systems for floating and onshore infrastructure, GasEntec said Tuesday.Samsung Heavy Industries will continue to directly offer its liquefaction technology for larger-scale applications, including floating LNG projects.

KRX:010140

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