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China International Development Terminates MoU for Semiconductor Firm Purchase

China International Development (HKG:0264) and Xu Xichang terminated an MoU to potentially acquire up to 100% equity interest in Lonten Semiconductor, according to a Monday Hong Kong bourse filing.The parties had first entered into the MoU in November 2025.Lonten Semiconductor is a provider of power semiconductor devices and system solutions.

City Union Bank Opens Six New Branches in India

City Union Bank (NSE:CUB, BOM:532210) opened Six new branches in India on Monday to take its total number of branches to 956, according to a Monday filing to the Indian stock exchanges.The lender opened two branches each in the states of Kerala and Telangana, and one each in Madhya Pradesh and Gujarat, the filing said.

BOM:532210NSE:CUB

Longfor Group Logs Over 3 Billion Yuan in March Contracted Sales

Longfor Group (HKG:0960) recorded contracted sales of 3.01 billion yuan in March, with a gross floor area (GFA) of 315,000 square meters, according to a Monday Hong Kong bourse filing.In the first quarter of 2026, contracted sales and GFA reached 7.46 billion yuan and 842,000 square meters, respectively.The property developer's revenue from property operation and service stood at roughly 6.62 billion yuan in the three months.

Swaraj Engines' Net Profit Rises in Fiscal Q4; Declares Dividend

Swaraj Engines (NSE:SWARAJENG, BOM:500407) said its net profit rose to 545.6 million Indian rupees in the fiscal fourth quarter from 454.2 million rupees a year ago, according to a Monday filing on Indian bourses.Earnings per share for the quarter ended March 31 climbed to 44.90 rupees from 37.38 rupees a year earlier.Revenue from operations of the diesel engine manufacturer jumped year on year to 5.46 billion rupees from 4.54 billion rupees.The board of Swaraj Engines declared a dividend of 110 rupees per share for the financial year ended March 31.

BOM:500407NSE:SWARAJENG

Seazen Group Logs 1.08 Billion Yuan in March Contracted Sales

Seazen Group (HKG:1030) recorded contracted sales of around 1.08 billion yuan in March, with a sales area of 191,800 square meters, according to a Monday Hong Kong bourse filing.In March, the property firm had 179 properties for lease with a total gross floor area of 16.5 million square meters.The rental and commercial operating income for the month was about 1.12 billion yuan and 1.2 billion yuan, respectively.In the first quarter of 2026, contracted sales and sales area reached roughly 3.02 billion yuan and 526,500 square meters, respectively.Rental and commercial operating income for the three months stood at approximately 3.31 billion yuan and 3.55 billion yuan, respectively.

China Resources Power's March Output Jumps 16%

China Resources Power (HKG:0836) saw the generation of its subsidiary power plants rise 16% year over year in March to a little over 20.8 million megawatt-hours, according to a Monday Hong Kong bourse filing.Of the total, output from subsidiary wind farms fell 17% to 4.6 million megawatt-hours, while that of photovoltaic plants jumped 27% to 1.2 million megawatt-hours.In the first quarter of 2026, net generation stood at 60.6 million megawatt-hours, up 16% from the year-ago period.Of this, generation from subsidiary wind farms and photovoltaic power plants fell 2% to 14 million megawatt-hours and increased 45% to 3.4 million megawatt-hours, respectively.

Responsive Industries Names CFO

Responsive Industries (NSE:RESPONIND, BOM:505509) appointed Ruvi Bhansali as its chief financial officer, effective Monday, according to a same-day filing on Indian bourses.

BOM:505509NSE:RESPONIND

Kaya CFO Resigns; Successor Named

Kaya (NSE:KAYA) said Chief Financial Officer Arihant Dhariwal has resigned to pursue other opportunities, and will continue in the role until July 10, according to a filing with Indian bourses on Monday.The company appointed Brijesh Goyal as chief financial officer (designate) effective April 13, the filing said.

BOM:539276NSE:KAYA

Tata Investment Board to Consider Dividend for Fiscal 2026

Tata Investment (NSE:TATAINVEST, BOM:501301) said its board will meet on April 21 to consider paying a dividend for the fiscal year ended March 31, according to a Monday filing on Indian bourses.

BOM:501301NSE:TATAINVEST

FuJian YanJing HuiQuan Brewery Chairman Resigns

FuJian YanJing HuiQuan Brewery (SHA:600573) Chairman Liu Xiangyu resigned, citing work needs, according to a Monday filing with the Shanghai bourse.The company has not yet named Liu's successor.

Anhui Heli Vice Chairman Retires

Anhui Heli (SHA:600761) Vice Chairman Xue Bai stepped down after reaching retirement age, according to a Saturday disclosure to the Shanghai bourse.General Manager Zhou Jun will become chairman, the filing said.

Anhui Anfu Battery Technology Chairman Retires

Anhui Anfu Battery Technology (SHA:603031) Chairman Xia Maoqing stepped down upon reaching retirement age, according to a Saturday filing with the Shanghai bourse.Yu Bin will succeed Xia as chiarman, the filing said.

Hubei Chutian Smart Communication Issues 1 Billion Yuan in 90-Day Bonds

Hubei Chutian Smart Communication (SHA:600035) issued 1 billion yuan in 90-day bonds, according to a Saturday filing with the Shanghai bourse.The bonds have an issuance rate of 1.4%, with 3.01 billion yuan in subscriptions.Industrial Bank (SHA:601166) is the bookkeeping manager and lead underwriter, while CITIC Bank (HKG:0998, SHA:601998) is the joint lead underwriter.

HKG:0998SHA:600035SHA:601166SHA:601998

Vietnam Approves Zero Fuel Taxes Through June

Vietnam's National Assembly approved a resolution to cut environmental protection, value-added and excise taxes on petrol, oil and aviation fuel to zero, state media, Vietnam News Agency reported Sunday.The measure covers petrol, diesel, kerosene, mazut and aviation fuel, while input VAT remains deductible for businesses.The resolution takes effect from April 16 to June 30, and allows the government to adjust its duration or provisions based on market conditions, subject to reporting to parliament, the report said.

CIG Shanghai Shareholders to Offload Stakes

CIG Shanghai (SHA:603083) controlling shareholder Cambridge Industries, or CIG Cayman, and Shanghai Kangling Technology will both reduce their stakes in the listed company, according to a Saturday filing with the Shanghai bourse.CIG Cayman plans to offload up to 8 million shares, equivalent to about 2.27%, while Kangling plans to reduce its stake by about 1.5 million shares or 0.41%.The total shareholding to be offloaded is 9.5 million shares, or about 2.69%, the filing said.

Market Chatter: Japan to Deepen Alliance with Asian Neighbors as Oil Supply Risks Mount

Japan will deepen cooperation with Asian neighbors that make essential petroleum-based products to alleviate supply chain bottlenecks, Bloomberg News reported Sunday, citing Economy Minister Ryosei Akazawa.Japan holds ample oil reserves, but struggles to identify constraints as distribution networks have become more complex, Akazawa reportedly said during a debate program aired on broadcaster NHK.Akazawa said authorities are now using AI tools and are gathering information to pinpoint bottlenecks, the report said.Gasoline subsidies will continue as Japan is set to face a prolonged period of elevated prices, as oil is unlikely to return to $60-$70 per barrel anytime soon, the report quoted Akazawa as saying.(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.)

LS Electric Wins KRW170.3 Billion Power Infrastructure Supply Contract from US Subsidiary

LS Electric (KRX:010120) secured a power infrastructure supply deal from its US subsidiary LS Electric America, according to a Monday filing with the Korea Exchange.The contract, valid till Dec. 31, is valued at 170.3 billion. Under the deal, the South Korean electrical equipment manufacturer will supply switchgear and distribution transformers to LS Electric America, which has secured a North American hyperscale data center power infrastructure project, the filing said.Shares of LS Electric plunged more than 77% at market close.

SH Group Unit Nominated as Sub-Contractor for Electrical, Mechanical System Supply

SH Group (Holdings) (HKG:1637) unit Shun Hing E & M Engineering signed and returned a letter of intent it received nominating it as a sub-contractor for the supply and installation of various electrical and mechanical systems, according to a Monday Hong Kong bourse filing.The contract has a value of around HK$150 million, the engineering services company said.

Sinopec Reduces Stake in China Merchants Energy Shipping

China Petroleum & Chemical (HKG:0386, SHA:600028) or Sinopec will reduce its shareholding in China Merchants Energy Shipping (SHA:601872) by about 80.7 million shares, according to a Saturday filing with the Shanghai bourse.The reduction will be equivalent to not more than 1% of China Merchants' share capital, the filing said.Sinopec is the company's second-largest shareholder.

HKG:0386SHA:600028SHA:601872

Shanghai Huafon Aluminium Directors Approve 3-Billion-Yuan Aluminum Project

Shanghai Huafon Aluminium (SHA:601702) directors approved the construction of a 550,000-ton-per-year high-end aluminum sheet, strip, and foil project, according to a Saturday filing with the Shanghai bourse.The company will invest up to 3 billion yuan for the project.