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ASX Biggest Gainers

Here are the ASX-listed companies with the biggest gains on Friday.Mineral 260 (ASX:MI6): +10%, AU$0.80Light & Wonder CDI (ASX:LNW): +7%, AU$126.43Iluka Resources (ASX:ILU): +7%, AU$7.25Pilbara Minerals (ASX:PLS): +6%, AU$4.57Telix Pharmaceuticals (ASX:TLX): +6%, AU$15.89Liontown Resources (ASX:LTR): +6%, AU$1.14Predictive Discovery (ASX:PDI): +6%, AU$0.77West African Resources (ASX:WAF): +5%, AU$3.49James Hardie Industries (ASX:JHX): +5%, AU$42.78Neuren Pharmaceuticals (ASX:NEU): +4%, AU$22.52

ASX 200ASX:ILUASX:JHXASX:LNWASX:LTRASX:MI6ASX:NEUASX:PDIASX:PLSASX:TLXASX:WAF

Asia1d ago

ASX Biggest Losers

Here are the ASX-listed companies with the biggest losses on Friday.4DMedical (ASX:4DX): -8%, AU$4.25ResMed (ASX:RMD): -6%, AU$29.55EchoIQ (ASX:EIQ): -6%, AU$1.46Phylogica (ASX:PYC): -5%, AU$2.02DroneShield (ASX:DRO): -5%, AU$2.16EQ Resources (ASX:EQR): -5%, AU$0.31Block(ASX:XYZ): -4%, AU$113.35Zip (ASX:ZIP): -4%, AU$2.84Brazilian Rare Earths (ASX:BRE): -4%, AU$4.30Macmahon Holdings (ASX:MAH): -3%, AU$1.00

ASX 200ASX:4DXASX:BREASX:DROASX:EIQASX:EQRASX:MAHASX:PYCASX:RMDASX:XYZASX:ZIP

Asia1d ago

Eswin Materials Subsidiary Seeks 6.5 Billion Yuan Capital Injection

Xi'an Eswin Materials Technology (SHA:688783) subsidiary Wuhan Eswin Material Technology is seeking a capital injection of up to 6.5 billion yuan from new investors, according to a Friday filing with the Shanghai bourse.The listed company will inject 1 billion yuan in cash, while the other investors will contribute the remaining 5.5 billion yuan, the filing said.Wuhan Eswin will then contribute 6.5 billion yuan into Eswin Silicon Wafer Technology.Following the capital injection, the listed company's stake in the Wuhan unit will fall to 20% to 30% from 100%.Shares rose 2% during Friday morning trading.

SHA:688783

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Sichuan Biokin Pharmaceutical Doses First Patient in Lung Cancer Combo Trial

Sichuan Biokin Pharmaceutical (SHA:688506) said the first subject has been dosed in its global Phase III trial of BL-M14D1 combined with a PD-L1 inhibitor for first-line treatment in extensive-stage small cell lung cancer.The study, comparing the ADC combo against chemotherapy plus PD-L1, is the world's first Phase III trial of ADC plus immunotherapy in this setting, according to a Friday filing with the Shanghai bourse.Shares of the pharmaceutical company declined 2% in recent trade.

SHA:688506

Asia1d ago

Shanghai International Port Expects Container Throughput to Rise 1%, Cargo to Fall 4% in July

Shanghai International Port's (SHA:600018) container throughput in July is expected to have risen 1.3% year on year to nearly 4.7 million twenty-foot equivalent units or TEUs, according to a Shanghai bourse filing on Tuesday.The Chinese port operator expects its cargo throughput to have fallen 3.8% to 48.9 million tons from a year earlier.

SHA:600018

Asia1d ago

Theta Gold Mines to Issues Shares to Satisfy Historical Unsecured Loan; Shares Down 3%

Theta Gold Mines (ASX:TGM) agreed to issue 32.8 million ordinary shares at a price of AU$0.18 each to satisfy a historical unsecured loan originally advanced by Australian Private Capital Investment Group, according to a Friday filing with the Australian bourse.The shares are expected to be issued Friday to Sadiva, which acquired the loan from Tianjin Hanhong Equity Investments Fund Management, per the filing.The company's share fell 3% in recent Friday trade.

ASX:TGM

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Huatai Securities Applies to Upsize Medium-Term Bond Program to $10 Billion

Huatai Securities (SHA:601688, HKG:6886) has applied to increase the size of its medium-term note program on the Hong Kong Stock Exchange to $10 billion from $3 billion, according to a Friday filing on the Shanghai bourse.The program was originally established and listed on the Hong Kong bourse in 2023.The securities company's Shanghai shares slipped 1% during the morning trade, while its Hong Kong-listed shares fell almost 1%.

HKG:6886SHA:601688

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Market Chatter: Jetour Weighs Brazil Production, Eyes Shared Factory Model

Chinese automaker Jetour, a brand under Chery (HKG:9973), is exploring options to begin vehicle production in Brazil, Reuters reported, citing Henrique Sampaio, Jetour Brazil's marketing director.Among the options under consideration is sharing manufacturing capacity with an automaker already operating in the country, following a model similar to Jetour's partnership with Nissan in South Africa, according to the report.The company plans to invest $78 million in Brazil by the end of 2027, excluding any spending tied to local production, Reuters 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.)

HKG:9973

Asia1d ago

Shenzhen Transsion Receives China Regulatory Approval for Hong Kong IPO

Shenzhen Transsion (SHA:688036) received China regulatory clearance for its offering of up to 132.4 million shares in its secondary offering on the Hong Kong Exchange, according to a Friday disclosure to the Shanghai bourse.The clearance is valid for 12 months.The mobile phone maker's offering is still subject to regulatory clearance from bourse and securities authorities in Hong Kong.

SHA:688036

Asia1d ago

Coliwoo Issues Clarification on Completion Date for Asset Disposal

Coliwoo Holdings (SGX:W8W) clarified the completion date for the proposed sale and leaseback of a property at 141 Middle Road, Singapore, according to a Thursday filing with the Singapore Exchange.The co-living operator's unit, Coliwoo (TK), had agreed to sell the property and related place and equipment to CLAS Uptown Trust.The completion date should be read as Sept. 30 if the exercise date falls on or before Sept. 23 or the date falling five days after the exercise date if it falls after Sept. 23.The clarification corrects the reference date from Sept. 30 to Sep. 23 in the original disclosure.

SGX:W8W

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Heartland Group Says Interlocutory Application Filed in High Court Regarding TSB Bank Deal

Heartland Group Holdings (ASX:HGH, NZE:HGH) said an interlocutory application was filed by the Taranaki Community Accountability Society against the trustees of the Toi Foundation in the High Court of New Zealand regarding the process for the proposed sale of TSB Bank by Toi Foundation to Heartland, according to Friday filings with the Australian and New Zealand bourses.The application challenges Toi Foundation's decision-making and community consultation process, and aims to stop the trustees from voting on the proposed deal on an interim basis until the resolution of the court proceedings.There is no change to the timeline for the proposed deal and Heartland's special shareholder meeting remains slated for Sept. 30, per the filings.Heartland's shares rose nearly 1% in recent trading on the ASX and fell over 1% on the New Zealand bourse.

ASX:HGHNZE:HGH

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Yangzijiang Maritime Development to Sell Four Newbuild Bulk Carriers

Yangzijiang Maritime Development (SGX:8YZ) has entered into agreements to sell four newbuild bulk carriers, of 40,000 DWT each, according to a Thursday filing to the Singapore stock exchange.The company's shares were up nearly 2% in Friday's trade.These vessels are scheduled for delivery between April 2027 and May 2028.The company also said the first of the four new medium-range tankers, which were contracted for sale in November 2025 for $180 million, was delivered on July 30. The next tanker of the lot is expected to be delivered in November, and the remaining two are expected to be delivered in 2027.With this, the group has entered into sale contracts to monetize a total of 12 newbuild vessels for an aggregate gross value of $500 million over nine months.These vessel sale transactions are expected to contribute positively to the group's financial performance over three financial years from 2026 to 2028.

SGX:8YZ

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ASX Midday Sector Update: Energy Stocks Advance, Healthcare Sector Struggles

Energy stocks advanced 1% at midday Friday.Woodside Energy Group (ASX:WDS) gained almost 1% in recent trade after agreeing to divest its 70% operated interest in the Calypso Project in Trinidad and Tobago to BP, which already holds the remaining 30% stake.On the flip side, the healthcare sector struggled, shedding 1%.CSL (ASX:CSL) shares fell marginally in recent trade after the European Commission revoked the marketing authorization for the Tavneos drug following a recommendation from the European Medicine Agency's Committee for Medicinal Products for Human Use.

ASX 200ASX:CSLASX:WDS

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Uni-Asia to Acquire Double Hull Bulk Carrier

Uni-Asia (SGX:CHJ) signed an agreement with Nihon Shipyard and its affiliate to acquire a 40,000 deadweight tonnage double hull bulk carrier, according to a Thursday filing with the Singapore Exchange.The vessel will be constructed by Imbari Shipbuilding, with delivery expected either in the fourth quarter of 2029 or the first half of 2030.The vessel will be equipped with an eco-type engine optimized for fuel efficiency and reduced emissions.The acquisition is part of the shipping and property investment company's fleet renewal strategy.

SGX:CHJ

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AvePoint's Net Attributable Income Jumps in Q2; Shares Down 5%

AvePoint's (SGX:AVP) net income attributable to common stockholders for the second quarter of the year surged to $27.6 million from $2.9 million a year earlier, according to a Thursday filing with the Singapore Exchange.Shares of the software developer were down over 5% in Friday trading.Earnings per share came in at $0.12 compared with $0.01 in the year-ago period.Total revenue was up 22% year over year to $124.5 million, with SaaS revenue up 27% to $98.5 million.

SGX:AVP

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China Shares Mixed at Open as Investors Rotate Into Defensive Sectors

Chinese shares opened mixed on Friday as investors shifted to more defensive plays amid volatility in the technology sector.The Shanghai Composite Index, the main gauge of Chinese stocks, opened 0.1% lower to 3,896.49. The Shenzhen Component Index rose 0.3% to 14,152.78.The sectoral flow of funds points to a risk-off stance among institutional investors. Strength was concentrated in undervalued defensive sectors, with the higher uptake in coal stocks indicating large-capital rotation into safe-haven assets.Meanwhile, popular sectors saw substantial net selling by major funds as profit-taking accelerated.As the interim earnings season reaches its peak, market attention is turning toward fundamental strength. Industry leaders with solid earnings track records and defensible technological moats are poised to lead the valuation recovery, while stocks that trade purely on speculative concepts and price momentum are likely to face a corrective repricing, China Securities Journal reported.

Shanghai Composite^SZSE

Asia1d ago

Temple & Webster Group's Potential for Margin Beat May Hinder Revenue Growth, Jefferies Says

Temple & Webster Group (ASX:TPW) has potential for a margin beat, but it may hinder revenue growth, making its fiscal year 2028 AU$1 billion revenue target "increasingly aspirational," Jefferies said in a Thursday note.The company issued a trading update in May that reset expectations and signaled that it is moving away from a "growth-at-all-costs" strategy.The debate is whether the company can maintain margins gains as consumer spending softens or if competitive pressures will force them back into discounting and margin sacrifice, the financial services firm said.The company will release its fiscal year 2026 results on Aug. 19, forecasting revenue of between AU$665 million and AU$675 million, alongside earnings before interest, taxes, depreciation, and amortization of AU$20 million to AU$22 million.Jefferies reaffirmed its buy rating and AU$8.95 price target on Temple & Webster Group.

ASX:TPW

Asia1d ago

Transurban Group's WestConnex Raises AU$915 Million Via Asian Term Loan Facilities

Transurban Group (ASX:TCL) said WestConnex Finance Company, the financing vehicle of WestConnex, raised AU$325 million of eight-year, AU$470 million of 10-year, and AU$120 million of 12-year debt via Asian term loan facilities, according to a Friday Australian bourse filing.Transurban will use the proceeds to repay existing debt and associated transaction costs, per the filing.The company said the facilities will rank equally with WestConnex's existing senior secured debt, maturing in August 2034, August 2036 and August 2038 respectively.Transurban holds a 50% interest in WestConnex.

ASX:TCL

Asia1d ago

Treasury Wine Estates' Lack of Price Growth in 2026 Penfolds Release 'Not a Good Sign' for Luxury Brand, Jefferies Says

Treasury Wine Estates (ASX:TWE) released its 2026 Penfolds luxury wine brand collection for sale without any price increases, the first time this has happened since 2021, Jefferies said in an Aug. 6 note."Penfolds' brand health remains strong in each of its key markets, but lack of price growth is not a good sign for a luxury brand, particularly one with an established secondary market," the investment firm said.Jefferies believes Penfolds took pricing too aggressively before the 2021 China tariffs and must now work through excess channel inventory before price hikes can be revisited.Notably, Penfolds suspended shipments of Bin 407 in China, a move the equity research firm views as an effort to manage channel inventory, although weather events in key Cabernet regions may have impacted supply, it said.Jefferies added that retailer discounts on release day were shallower than in 2025 and more consistent with historic levels, suggesting that wholesale pricing may be better.The investment firm maintained a hold rating on Treasury Wine Estates with a price target of AU$5.The company's shares gained 2% in recent Friday trade.

ASX:TWE

Asia1d ago

Nexchip Semiconductor Nets HK$345 Million From Partial Exercise of IPO Over-Allotment Option

Nexchip Semiconductor (HKG:2249, SHA:688249) said the over-allotment option of its Hong Kong initial public offering was partially exercised on Thursday, according to a same-day Hong Kong bourse filing.The chipmaker expects to raise about HK$345.3 million in additional net proceeds.The exercise involved the issue of 10.9 million additional H-shares at HK$32.30 each, representing about 5% of the total offer shares initially available under the global offering.Dealings in the over-allotment shares are expected to begin on Aug. 11, the filing said.

HKG:2249;SHA:688249

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