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Infroneer Denies Media Report On Swing Acquisition Talks

Infroneer (TYO:5076) said a media report claiming it had decided to acquire waterworks operator Swing for over 90 billion yen was not based on a company announcement, according to a Tuesday filing on the Tokyo Stock Exchange.The company said it is currently in discussions regarding the matter and plans to submit it to a board of directors meeting held the same day.A report had said Infroneer plans to buy stakes in Swing from Mitsubishi Corporation (TYO:8058), Ebara Corporation (TYO:6361) and JGC Holdings (TYO:1963) in a deal exceeding 90 billion yen.Swing, which designs, builds and operates water treatment plants, generated about 82.9 billion yen in revenue in the year ended March 2025 and operates more than 300 sites.

TYO:1963TYO:5076TYO:6361TYO:8058

Asia117d ago

ASX Midday Sector Update: Information Technology Stocks Gain, Energy Declines

Information technology stocks were advancing over 4% to lead gainers in midday trading Tuesday, as markets remained hopeful for an eventual peace agreement between the US and Iran even as a naval blockade of the Strait of Hormuz took effect.WiseTech Global (ASX:WTC) and Xero (ASX:XRO), the two biggest stocks in the sector based on market capitalization, rose past 6% and over 5%, respectively.On the flip side, energy stocks were declining less than 1% as oil prices again tracked below $100 per barrel.Elixir Energy (ASX:EXR) bucked the trend and was advancing more than 16% after Euroz Hartleys said in a Monday note that the company is a key pick to tap the potential of the Taroom Trough, an emerging onshore oil and gas basin in Queensland that is gaining mainstream attention.

ASX 200ASX:EXRASX:WTCASX:XRO

Asia117d ago

Wai Chun Eyes Creator Economy Venture With Xavvi US; Shares Surge 209%

Wai Chun (HKG:1013) said it entered into a cooperation agreement with Xavvi U.S. to establish a platform company targeting the global creator economy, according to a Monday Hong Kong bourse filing.Shares of the firm were up more than 209% in Tuesday morning trade.Wai Chun will hold a 60% stake in the platform entity, with Xavvi U.S. holding the remaining 40% and being responsible for operations, business development, and management.The platform will focus on monetising influencer traffic across platforms such as TikTok, Instagram, and YouTube, leveraging a network of nearly 100 content creators.

HKG:1013

Asia117d ago

Golden Horse Minerals Intersects High-Grade Gold at Western Australia Prospect

Golden Horse Minerals (ASX:GHM) intersected high-grade gold mineralization within a shear zone at Hopes Hill South at the Hopes Hill prospect in Western Australia, according to a Tuesday Australian bourse filing.It encountered an intercept of seven meters at 13.02 grams per tonne grade of gold from 13 meters downhole, confirming the presence of a mineralized shear zone below historic shallow workings.It also hit intercepts of 11 meters at 2.2 g/t grade of gold from 144 meters, as well as six meters at 3.6 g/t grade of gold from 107 meters during ongoing drilling across Hopes Hill North and Hopes Hill Main.Its shares rose 1% in recent trading on Tuesday.

ASX:GHM

Asia117d ago

Market Chatter: CATL Mulls Up to $5 Billion Share Placement in Hong Kong; Shares Down 6%

Contemporary Amperex Technology (SHE:300750, HKG:3750), or CATL, is mulling a share placement to raise up to $5 billion in Hong Kong, Bloomberg News reported Monday, citing people familiar with the matter.CATL's Hong Kong shares slumped over 6% and Shenzhen shares fell over 2% during Tuesday's morning trade.Preliminary negotiations for the placement were already held with banks as the Chinese battery maker seeks to supplement some of its funding needs through a convertible bond sale, the report said.CATL, which posted a better-than-expected profit a year earlier, saw its shares soar by around 160% since it listed on the Hong Kong bourse in May 2025, the report said.The company is yet to respond to' request 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.)

HKG:3750SHE:300750

Asia117d ago

South Korean Won Gains Against US Dollar Amid Renewed Hopes of US-Iran Talks

The South Korean won strengthened against the U.S. dollar on Tuesday amid expectations of a second round of talks between Washington and Tehran before the agreed US-Iran ceasefire expires next week.The won opened at 1,478.8 per dollar, gaining 10.5 won from the previous close, according to a Monday Yonhap News report.The talks are expected to take place after the U.S. imposed a naval blockade on Iranian ports from 10 a.m. ET Monday, with US President Donald Trump warning Iranian vessels against approaching the blockade and saying other countries may assist in the same, but failed to mention which countries.

^KOSDAQKOSPI

Asia117d ago

Viking Mines To Evaluate Historical Ore Stockpiles, Tailings Dam at Nevada Tungsten Project, Shares Rise 3%

Viking Mines (ASX:VKA) began a field operations campaign at the Linka tungsten project in Nevada, seeking to quantify the historical ore stockpiles and tailings dam as well as prepare the project for subsurface exploration, according to a Tuesday Australian bourse filing.The work includes grid-sampling the historical tailings dam, collecting around 52 samples to determine both the tungsten oxide grade and tailings dam thickness. It is also sampling the historical stockpiles to confirm grade consistency.Its shares were up 3% in recent trading on Tuesday.

ASX:VKA

Asia117d ago

China's Q1 Yuan Loans Rise by 8.6 Trillion Yuan

China's yuan-denominated loans rose 8.6 trillion yuan in the first quarter, according to data from the People's Bank of China.Household loans rose by 296.7 billion yuan, loans to enterprises and institutions increased by 8.6 trillion yuan and loans to non-bank financial institutions decreased by 368 billion yuan.At the end of March, domestic and foreign currency yuan loans rose 5.7% year on year to 284.5 trillion yuan.

Shanghai Composite^SZSE

Asia117d ago

New Universe Environmental Unit Ordered to Pay Unpaid Dividends After Appeal

New Universe Environmental (HKG:0436) said a court ordered its subsidiary to pay unpaid dividends following an appeal, according to a Monday Hong Kong bourse filing.The High Court ordered New Universe Environmental Technologies (Jiangsu) to pay over HK$25 million to each of two plaintiffs within 10 days after the judgments take effect. It revoked earlier rulings by a lower court.The case stems from legal proceedings initiated in 2022, when two plaintiffs alleged the subsidiary owed accrued and unpaid dividends and sought claims against both the unit and the company's ultimate controlling shareholder.All other claims by the plaintiffs were dismissed, the filing said.

HKG:0436

Asia117d ago

Market Chatter: HSBC Holdings Bond Banker to Leave Lender for Rival

A senior HSBC Holdings (HKG:0005) official overseeing part of the bank's bond business is leaving the firm for rival Bank of America, marking the second such departure in recent days, Bloomberg reported Monday, citing people familiar with the matter.Khaled Darwish, HSBC's head of debt capital markets for Central and Eastern Europe, the Middle East and Africa, is leaving the role for a position as head of Bank of America's Middle East and North Africa corporate banking in Dubai, the people told the news agency.Darwish's departure follows the exit of Nour Safa, who oversaw HSBC's debt capital markets for the Middle East and North Africa. Safa is reportedly joining Goldman Sachs Group.(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:0005

Asia117d ago

Altair Minerals Starts Inaugural Drilling Program at Guyana Project; Shares Reach Five-Year Peak

Altair Minerals (ASX:ALR) said its inaugural drilling program started at the Greater Oko project in Guyana, comprising of 15,000 meters of diamond drilling and 15,000 meters of rotary air blast drilling, according to a Tuesday Australian bourse filing.Initial drilling will start at the North Peters prospect, per the filing. Ongoing geochemical and geophysics works across the project will support a multi-year pipeline of priority targets.The company reported trenching results of 16.5 meters at 9.7 grams per tonne (g/t) grade of gold, as well as 39 meters at 3.8 g/t grade of gold from the North Peters prospect, the filing said.Altair Minerals' shares rose 10% in recent trading on Tuesday, reaching a five-year peak.

ASX:ALR

Asia117d ago

LS Eco Energy's Net Attributable Income Up 13% in Q1

LS Eco Energy (KRX:229640) posted first-quarter net income attributable to shareholders of 12.7 billion won, up 13% from 11.3 billion won a year earlier, according to a Tuesday filing with the Korea Exchange.Sales of the power and communication cables manufacturer were up 30% year over year to 296.4 billion won from 228.3 billion won.Shares of LS Eco Energy rose nearly 2% in recent trade.

KRX:229640

Asia117d ago

KKCG Maritime Says More Shares Tendered to Ferretti Stake Offer

KKCG Maritime said a further 13.5 million shares had been tendered to its offer to acquire Ferretti (HKG:9638) shares, bringing total acceptances to more than half its target, according to a Hong Kong bourse filing Tuesday.The Czech investment group launched the offer in January to acquire up to 52.1 million Ferretti shares for 3.50 euros apiece as part of a plan to increase its stake in the Italian yacht maker from 14.5% to 29.9%.The group's tender offer, which was later revised to 3.90 euros per share, does not have the Ferretti board's backing.Following the latest acceptances, KKCG Maritime said a total of 29.6 million shares had been tendered to its offer, representing around 8.75% of Ferretti's shares and 57% of the maximum 52.1 million shares sought.

HKG:9638

Asia117d ago

HKEX Unveils New Tech Indices Spanning Hong Kong, US, Korea

Hong Kong Exchanges and Clearing (HKG:0388) launched two technology-focused indices spanning Hong Kong, the U.S., and South Korea, according to a Monday press release.The HKEX KRX Semiconductor Index tracks Hong Kong-listed chip firms eligible for Southbound Stock Connect alongside leading South Korean semiconductor companies.The HKEX Tech & US Tech 100 Index combines constituents of the HKEX Tech 100 Index with the 100 largest Nasdaq-listed technology companies by market capitalisation.The exchange said the benchmarks are designed to enable cross-market exposure and support ETF development.HKEX also signed agreements with Bosera Asset Management (International), Da Cheng International Asset Management, E Fund Management (Hong Kong), GF International Investment Management, and Huatai-PCG Asset Management to launch ETFs tracking the indexes.

Hang SengHKG:0388

Asia117d ago

NZX Midday Sector Update: Distribution Services Rise, Finance Declines

Distribution services shares gained the most on New Zealand's Exchange, rising almost 2% by midday Tuesday.Shares of Vulcan Steel (NZE:VSL, ASX:VSL) rose nearly 2% in recent trade.Meanwhile, the finance sector fell 1%.Westpac Banking (NZE:WBC, ASX:WBC) was down almost 2% in recent trade.

^NZ50ASX:VSLASX:WBCNZE:VSLNZE:WBC

Asia117d ago

Metaspacex Says Lender Sold Controlling Shareholder's Shares Without Consent

Metaspacex (HKG:1796) said its controlling shareholder, China Sports Assets Management, had 102.3 million shares sold by a lender in the market without its authorization, according to a Tuesday Hong Kong bourse filing.The shares were disposed of between April 2 and April 9 at prices ranging from HK$0.17 to HK$2.07.Following the disposal, China Sports held 255.9 million shares, representing about 53.3% of the company.The company said it is reviewing the transactions, including the identity of buyers and potential compliance with listing and takeover rules.

HKG:1796

Asia117d ago

Polymetals Resources Ramps Up Mining, Processing at New South Wales Silver-Zinc Mine, Shares Up 13%

Polymetals Resources (ASX:POL) said it produced 547,302 ounces of silver, 1.9 million tonnes of zinc, and 1,064 ounces of gold at the Endavour silver-zinc mine in New South Wales as it ramps up mining and processing performance, according to a Tuesday Australian bourse filing.A total of 59,264 tonnes of Main Lode ore was mined and processed in January and February, with mill maintenance conducted over March.It added that 18,384 dry metric tonnes of high-grade direct shipping ore from the Upper North Lode were mined during the March quarter, and the first 5,500-tonne parcel was readied for shipment in April.Its shares climbed 13% in recent trading on Tuesday.

ASX:POL

Asia117d ago

Voyah Automotive's Controlling Shareholder to Increase Stake

Voyah Automotive Technology (HKG:7489) said its controlling shareholder Dongfeng Motor Group (HKG:0489) plans to increase its stake in the business, according to a Hong Kong bourse filing Tuesday.Dongfeng Motor, which already owns 69.47% of the business, plans to invest an additional 250 million yuan within 12 months in the company's H shares.

HKG:0489HKG:7489

Asia117d ago

Patronus Resources Acquires Remaining Stake in Western Australia Project's Guppy Gold Prospect; Shares Up 3%

Patronus Resources (ASX:PTN) purchased the remaining 20% stake in the Guppy-Benalla prospect for AU$250,000 in cash, giving it full ownership of the tenure within the Cardinia Gold Project in Western Australia, according to a Tuesday filing with the Australian bourse.The acquisition follows the completion of a AU$2 million, 80% earn-in over the tenements, and eliminates joint venture restrictions to give the company full control over exploration and any future development pathways, per the filing.Previous drilling at the area returned high-grade intercepts, including 12 meters at 12.4 grams per tonne grade of gold from 20 meters. The company said follow-up air core and reverse circulation drilling is planned, subject to the finalization of heritage surveys.Shares of Patronus Resources gained nearly 3% in recent Tuesday trading.

ASX:PTN

Asia117d ago

Lingbao Gold to Raise HK$771 Million via Share Placement, Subscription

Lingbao Gold (HKG:3330) plans to raise about HK$770.6 million in net proceeds through a share placing and top-up subscription, according to a Tuesday Hong Kong bourse filing.Jesi Industrial Development (Hong Kong) will place 29.8 million shares at HK$26.16 each to investors on a best-efforts basis.The placing represents about 2.2% of the gold miner's existing issued share capital.The placing price represents a discount of about 4.5% to the last closing price and about 6.8% to the five-day average price, the filing said.Lingbao Gold will issue the same number of new shares to the seller under a top-up subscription at the same price.Net proceeds will be used for overseas gold mining acquisitions, exploration, and expansion of mineral reserves, as well as working capital, the filing added.

HKG:3330

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