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Jiangsu Guoxin's Profit Increases 7% in 2025

Jiangsu Guoxin's (SHE:002608) attributable profit rose 7% to 3.47 billion yuan in 2025 from 3.24 billion yuan in 2024, according to a Tuesday filing with the Shenzhen bourse.Earnings per share at the electricity company increased to 0.9172 yuan from 0.8571 yuan in the previous year.Operating income declined 3.8% year over year to 35.5 billion yuan from 36.9 billion yuan.

SHE:002608

Asia112d ago

Daiwa Securities Living Investment to Sell Two Nagoya Properties at Gain

Daiwa Securities Living Investment (TYO:8986) said it agreed to sell two residential properties in Nagoya for about 1.2 billion yen, expecting a gain of roughly 341.7 million yen, according to a Tuesday filing on the Tokyo Stock Exchange.The assets, willDo Kanayama masaki and willDo Kurokawa, are scheduled for transfer on May 15, with the buyer undisclosed. The company said the sale price exceeds both book and appraisal values.

TYO:8986

Asia112d ago

Nanjing Leads Biolabs Enrolls First Patient in Phase 2 Study of Gastric Cancer Drug

Nanjing Leads Biolabs (HKG:9887) said it enrolled the first patient in the phase 2 clinical study of its cancer drug LBL-024, according to a Hong Kong bourse filing Tuesday.The firm will evaluate the drug, which is also known as Opamtistomig, for the treatment of first-line locally advanced or metastatic gastric or gastroesophageal junction adenocarcinoma.

HKG:9887

Asia112d ago

Vector Buys Influencer Firm Ailes in 1.31 Billion Yen Deal

Vector (TYO:6058) said it will acquire all shares of Ailes to make it a subsidiary for about 1.31 billion yen, according to a Tuesday filing on the Tokyo Stock Exchange.The deal will add influencer training, creator networks and social media marketing capabilities, supporting Vector's push into short-form video and digital advertising.The acquisition is scheduled to close April 30.

TYO:6058

Asia112d ago

Nomura Adjusts HDFC Bank's Price Target to INR950 From INR940, Keeps at Buy

HDFC Bank (NSE:HDFCBANK, BOM:500180) has an average rating of buy and mean price target of 1,060.07 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

BOM:500180NSE:HDFCBANK

Asia112d ago

Nomura Adjusts Bank Tabungan Negara (Persero)'s Price Target to IDR1,245 From IDR980, Keeps at Neutral

Bank Tabungan Negara (Persero) (IDX:BBTN) has an average rating of overweight and mean price target of 1,503.85 rupiah, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

IDX:BBTN

Asia112d ago

Japan Metropolitan Fund Broadens Retail Incentive Program

Japan Metropolitan Fund Investment (TYO:8953) said it has expanded its unitholder shopping voucher program to seven retail facilities, adding a Tokyo site, according to a Tuesday filing on the Tokyo Stock Exchange.The initiative offers vouchers worth 1,500 yen to eligible unitholders to drive footfall and sales across its properties, with no change to earnings forecasts.

TYO:8953

Asia112d ago

Bojun Education Warns of Widening Fiscal H1 Loss

Bojun Education (HKG:1758) said it expects 51.3 million yuan to 62.7 million yuan in net loss for the fiscal half ended Feb. 28, according to a Hong Kong bourse filing Tuesday.The firm's loss is expected to widen from the 9.9 million yuan loss in the same period a year earlier.Bojun Education attributed the higher loss to a fall in revenue from the vocational education segment.The firm forecasted 180.8 million yuan in revenue for the fiscal half, 26.7 million yuan lower than the figures posted in the year-ago period.The firm will post its interim results by April 23.

HKG:1758

Asia112d ago

Chongyi Zhangyuan Tungsten's Attributable Profit Soars 69% in 2025

Chongyi Zhangyuan Tungsten's (SHE:002378) attributable profit rose 69% to 290.4 million yuan in 2025 from 172 million yuan in 2024, according to a Tuesday filing with the Shenzhen bourse.Earnings per share at the tungsten miner increased 71% to 0.24 yuan from 0.14 yuan in the previous year.Operating income grew 42% year over year to 5.20 billion yuan from 3.67 billion yuan.

SHE:002378

Asia112d ago

Idemitsu Kosan to Cancel 5% of Shares

Idemitsu Kosan (TYO:5019) said it will cancel 65.5 million treasury shares, or 5.1% of its outstanding stock, according to a Tuesday filing on the Tokyo Stock Exchange.The cancellation is scheduled for April 30 and will reduce the total number of issued shares to about 1.22 billion.

TYO:5019

Asia112d ago

SPIC Green Energy's Profit Slides 53% in 2025

SPIC Green Energy's (SHE:000875) attributable profit fell 53% to 514.8 million yuan in 2025 from 1.10 billion yuan in 2024, according to a Tuesday filing with the Shenzhen bourse.Earnings per share at the power generation company decreased to 0.14 yuan from 0.38 yuan in the previous year.Operating income declined 4.6% year over year to 13.1 billion yuan from 13.7 billion yuan.

SHE:000875

Asia112d ago

Pacific Metals Reports No Major Impact From Sanriku Quake

Pacific Metals (TYO:5541) said an earthquake off Sanriku caused no casualties or material damage at its Hachinohe facilities, according to a Tuesday filing on the Tokyo Stock Exchange.The company said operations remain unaffected.

TYO:5541

Asia112d ago

Obic to Buy Back, Cancel Up to 50 Billion Yen Shares

OBIC (TYO:4684) said it will repurchase up to 50 billion yen of shares and cancel part of its treasury stock to improve capital efficiency, according to a Tuesday filing on the Tokyo Stock Exchange.The buyback will cover up to 10 million shares, or 2.3% of outstanding stock, through market purchases between April 22 and March 31, 2027.The company also plans to cancel 16 million shares, equivalent to 3.2% of shares outstanding, in two phases ending March 2027.

TYO:4684

Asia112d ago

Market Chatter: Philippine Banks Remain Broadly Resilient Despite Middle East-Linked Pressures

Philippine banks remain in "good shape" despite concerns raised by a few lenders over capital levels, Business World reported Tuesday, citing the Bangko Sentral ng Pilipinas.Governor Eli M. Remolona Jr. said the banking system is in strong shape, with capital adequacy at about 16% and liquidity well above global benchmarks. He noted that loan growth remains steady and non-performing loans have not shown a sharp increase so far, reportedly.Credit conditions, however, are being closely monitored as some slowdown in lending is observed. The central bank also said the country's foreign reserves remain sufficient to support financial stability amid external shocks, the news outlet 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.)

^PSEI

Asia112d ago

Shaanxi Energy Investment's Attributable Profit Jumps 26% in Q1

Shaanxi Energy Investment's (SHE:001286) attributable profit rose 26% to 887.9 million yuan in the first quarter from 703 million yuan in the year-ago period, according to a Tuesday filing with the Shenzhen bourse.Earnings per share at the thermal and coal power generation company increased 26% to 0.24 yuan from 0.19 yuan in the prior-year period.Operating income grew 11% year over year to 5.78 billion yuan from 5.20 billion yuan.

SHE:001286

Asia112d ago

BAIOO Family Interactive's Quarterly Active Accounts Edge Up in Q1

BAIOO Family Interactive (HKG:2100) quarterly active accounts rose 1.6% in the first quarter of 2026 to 6.4 million, a Tuesday Hong Kong bourse filing said.Quarterly paying accounts stood at 900,000 in the three months, flat from the year-ago period, according to the online entertainment company.The company said quarterly active accounts declined slightly year over year as some games entered a mature stage, while paying user levels were supported by stronger engagement from core users.Average revenue per quarterly paying account, on the other hand, rose 6.7% year over year to 188.8 yuan.

HKG:2100

Asia112d ago

Yue Yuen Industrial Warns of Up to 55% Decline in Q1 Profit

Yue Yuen Industrial (HKG:0551) expects its first-quarter attributable profit to be 50% to 55% lower than the $75.8 million recorded in the same period of 2025, according to a Hong Kong bourse filing Tuesday.The firm attributed the downbeat forecast to the escalation of geopolitical tensions and seasonal misalignments, which led to an increase in the costs of footwear manufacturing.The footwear maker expects to announce its financial results on May 13.

HKG:0551

Asia112d ago

Axelspace Signs Deal With JAXA for In-Orbit Demonstration

Axelspace Holdings (TYO:402A) said its unit has signed a basic agreement with Japan Aerospace Exploration Agency to explore in-orbit demonstration services for spacecraft propulsion, according to a Tuesday filing on the Tokyo Stock Exchange.The agreement covers potential use of Axelspace's "AxelLiner Laboratory" to support JAXA's research and orbital experiments, with the project expected to run for about four years starting fiscal 2026.The company said the initiative could contribute to earnings over the period, with a formal contract expected to be finalized in the coming months.

TYO:402A

Asia112d ago

SSY Group Gets Bulk Drug Approval for Edema Drug in China

SSY Group's (HKG:2005) furosemide was approved for registration by China's National Medical Products Administration to become a bulk drug for preparation on the market, according to a Tuesday Hong Kong bourse filing.The product is mainly used to treat various diseases with edema, hypertension, hyperkalemia and hypercalcemia.

HKG:2005

Asia112d ago

OBIC's Full-Year Profit Climbs 16%

OBIC's (TYO:4684) profit attributable to owners of the parent climbed 16% to 75.2 billion yen for the fiscal year ended March 31 from 64.6 billion yen a year earlier.The enterprise resource planning services firm's basic earnings per share increased to 171.61 yen from 146.90 yen a year ago, according to a Tokyo bourse filing on Tuesday.Net sales rose nearly 12% to 135.2 billion yen from 121.2 billion yen in the prior year.OBIC declared a final dividend of 47 yen per share, payable from June 26.For the fiscal year ending March 31, 2027, the company expects attributable profit of 82 billion yen, basic EPS of 189.23 yen, and net sales of 148.7 billion yen.OBIC plans to pay interim and year-end dividends of 47 yen per share each for the current year, which is higher than the amount paid in the year-ago period.

TYO:4684

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