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Guizhou Space Appliance Completes Buyback, Cancellation of Over 1.3 Million Shares; Shares Down 6%

Guizhou Space Appliance (SHE:002025) completed the repurchase and cancellation of over 1.3 million restricted shares worth 60.9 million yuan, involving 231 incentive recipients.The move follows the company's failure to meet 2025 performance targets, according to a Monday filing with the Shenzhen bourse.The share cancellation reduced total share capital to 454 million shares from 455.4 million shares.Shares of the cable manufacturer were down 6% in recent trade.

SHE:002025

Asia10d ago

Dalmia Bharat Arm Begins Commercial Production at Chunar, India Unit

Dalmia Cement (Bharat), a wholly-owned subsidiary of Dalmia Bharat (NSE:DALBHARAT, BOM:542216) commenced commercial production at a recently acquired plant in Chunar in Uttar Pradesh, India, according to a Sunday filing to the Indian stock exchanges.The new unit has a cement grinding capacity of 2.5 million tons per annum.In May, the company acquired cement plants in Rewa, Madhya Pradesh; Churk, Chunar, and Sadwa in Uttar Pradesh, from Jaiprakash Associates (NSE:JPASSOCIAT, BOM:532532) for 28.50 billion Indian rupees. These plants have a combined 5.2 MTPA cement capacity and 3.3 MTPA clinker capacity.

BOM:532532BOM:542216NSE:DALBHARATNSE:JPASSOCIAT

Asia10d ago

Global PMX Clarifies Media Report Speculating EPS

Global PMX (TPE:4551) clarified a Commercial Times report suggesting institutional estimates placed its first five-month earnings per share at at least NT$3.5 and full-year EPS between NT$9.25 and NT$12.23, with next year's EPS projected to exceed NT$13.The precision metal components manufacturer said the figures are media-driven speculation and not released by the company, according to a Monday Taiwan Exchange filing.It added that investors should rely solely on official disclosures published through the Market Observation Post System for accurate financial and operational information.

TPE:4551

Asia10d ago

JWIPC Further Raises Credit Limit to 26 Billion Yuan

JWIPC Technology (SHE:001339) further added a comprehensive credit facility of up to 6 billion yuan, raising the limit to 26 billion yuan, according to a Monday disclosure on the Shenzhen bourse.The internet-of-things hardware products manufacturer previously raised its credit limit to 20 billion yuan.The authorization for the new credit limit will remain valid for 12 months after the board of directors' approval.

SHE:001339

Asia10d ago

Update: HSBC's Australian Unit Fined AU$35 Million Over Scam Protection Failures

(Updated to add comment from HSBC in the last line)The Australian Federal Court has ordered HSBC's (HKG:0005) Australian unit to pay a AU$35 million penalty after the lender admitted serious failures in protecting customers from scams, according to a statement on Thursday.The court found HSBC did not implement key controls on its internal payment rail, where most customer losses occurred, while some other systems had controls.HSBC has since established a remediation program that has paid approximately AU$21.5 million in compensation and recovered AU$6.5 million for customers, with further payments due by the end of July.The Australian Securities and Investments Commission Chair, Sarah Court, described the penalty as "the strongest scam wake-up call yet to the banking industry."In an email response to' request for comment, an HSBC spokesperson said that the lender has reached an agreement to resolve the proceedings with ASIC, which recognizes its customer redress program and the enhancements made to its fraud and scam prevention, detection and response.

HKG:0005

Asia10d ago

Market Chatter: China's Tightening Scrutiny on Indium Exports Spooks Market

Market fears of tighter controls of an essential metal for artificial intelligence data center chips are being fueled by China ramping up oversight of indium exports, Reuters reported June 19.Beijing already restricted indium phosphide in February 2025, and now buyers report growing customs scrutiny, according to the report.China's Ministry of Commerce did not immediately respond to a request for comment.A European buyer told Reuters that it was asked for end-user details for the first time, while a North American purchaser said approval times stretched from same-day to several days.Though no shipments have been blocked, industry insiders view the move as a potential prelude to broader curbs, according to the report.(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.)

Shanghai Composite^SZSE

Asia10d ago

China CAMC Engineering Subsidiary to Construct Power Station in Hefei, China; Shares Rise 6%

China CAMC Engineering (SHE:002051) subsidiary China Zhongyuan International Engineering will invest 1.13 billion yuan for the construction of an independent hybrid energy storage power station for Anhui Yuankong Storage & Charging New Energy Technology in Hefei, Anhui, China,The power station will have a capacity of 100 megawatts/120 megawatt-hours, according to a Monday filing with the Shenzhen bourse.Shares surged nearly 6% during afternoon trading on Monday.

SHE:002051

Asia10d ago

Galada Finance's CFO Dies

Galada Finance (BOM:538881, NSE:GALADAFIN) Chief Financial Officer K.R. Manimeghala died on Saturday, according to an Indian bourse filing on Sunday.

BOM:538881NSE:GALADAFIN

Asia10d ago

Runjian Issues 500 Million Yuan of 180-Day Bonds

Runjian (SHE:002929) issued 500 million yuan of 180-day bonds, according to a Monday filing with the Shenzhen bourse.The bonds carry a rate of 1.82% and are redeemable Dec. 15, 2026.Shanghai Pudong Development Bank (SHA:600000) is the bookrunner and lead underwriter of this issuance.

SHA:600000SHE:002929

Asia10d ago

Samart Repurchases Shares Worth 51 Million Baht, Concludes Buyback Program

Samart (BKK:SAMART) has concluded its treasury share repurchase program after repurchasing 9.3 million shares for 50.6 million baht.The program ran from Dec. 22, 2025, to June 21, 2026, under which the company was authorized to buy back up to 36 million shares for as much as 200 million baht, according to a Monday Thailand bourse filing.

BKK:SAMART

Asia10d ago

New Zealand Shares Fall; a2 Milk Co. Secures Final China Approval for Infant Formula Transfer

New Zealand shares closed lower on Monday while the US and Iran progressed their negotiations in Switzerland.The S&P/NZX 50 Index fell 0.37%, 49.58 points, to close at 13,446.05.The first round of talks between senior US and Iranian officials in Switzerland concluded on Monday, said mediating countries Qatar and Pakistan, according to a Monday Reuters report.In domestic news, credit card spending in New Zealand increased by 1.8% month on month to NZ$4.38 billion in May after a 0.2% decrease in the previous month, while credit card balances rose 0.7% to NZ$5.99 billion in May, data from the Reserve Bank of New Zealand showed.In corporate news, a2 Milk Co. (ASX:A2M, NZE:ATM) received approval from China's State Administration for Market Regulation to transfer two China-label infant milk formula registrations tied to its Pokeno facility to its a2 brand.Oceania Healthcare (ASX:OCA, NZE:OCA) launched an offer of up to NZ$100 million in six-year fixed-rate secured, unsubordinated bonds, with the option to accept up to NZ$25 million in oversubscriptions.

^NZ50ASX:A2MASX:OCANZE:ATMNZE:OCA

Asia10d ago

3i Infotech Unit Wins AED13 Million UAE Technology Services Contract; Shares Up 3%

3i Infotech (NSE:3IINFOLTD, BOM:532628) said its subsidiary, 3i Infotech Software Solutions, has received a purchase order worth about 13.1 million Emirati dirhams from a UAE-based technology company, according to an Indian bourse filing on Sunday.Shares of the company rose nearly 3% in Monday's morning trade.The contract covers deploying and managing technology professionals across various projects for one year, with an option for extension subject to mutual agreement. The scope of work spans cybersecurity, cloud security, systems administration and network operations, among others.

BOM:532628NSE:3IINFOLTD

Asia10d ago

Virgin Australia Launches New Route Between Canberra, Bali

Virgin Australia Holdings (ASX:VGN) said its maiden international flight from the Australian capital, Canberra, will fly to Bali, Indonesia, on Monday, launching a new route, according to a same-day statement.The new route is scheduled to operate three times per week. It will be operated using the airline's Boeing 737-800 aircraft.The route will operate seasonally, with Virgin Australia planning to increase frequency during peak travel periods, subject to demand.Its shares fell 1% in recent trading on Monday.

ASX:VGN

Asia10d ago

Hangzhou Greatstar Industrial Seeks Stake in Zhejiang MYbank

Hangzhou Greatstar Industrial (SHE:002444) is looking to purchase a total of 1.54% in the equity of Zhejiang MYbank held by Hangzhou Heboshi E-commerce and Wanxiang Sannong for a total of 324.5 million yuan, according to a Monday filing with the Shenzhen bourse.The company will purchase a 0.86% stake in MYbank held by Heboshi, or equivalent to 56.7 million shares at 181.6 million yuan.Hangzhou Greatstar will also acquire a 0.68% stake in MYBank from Wanxiang Sannong for about 143 million yuan.Shares fell 2% during afternoon trading on Monday.

SHE:002444

Asia10d ago

Elite UK REIT Receives In-Principle Approval for Listing 25 Million Units

Elite UK REIT (SGX:MXNU) received an in-principle approval from the Singapore Exchange Securities Trading for the listing and quotation of 25 million private placement units, according to a Monday bourse filing.Earlier, the REIT had sought a placement of the new units at 0.296 apiece.

SGX:MXNU

Asia10d ago

Avenue Supermarts Opens a New Store in Gujarat, India

Avenue Supermarts (NSE:DMART, BOM:540376) has opened a new store in Gujarat, India, to take its total store count to 501, according to an Indian bourse filing on Sunday.Shares of the company rose nearly 1% in Monday's morning trade.The supermarket chain opened the new store in Gift City, Gandhinagar.

BOM:540376NSE:DMART

Asia10d ago

Osmond Resources Intersects Heavy Mineral-Prospective Formation From Step-Out Drilling at Spain Project, Shares Up 4%

Osmond Resources (ASX:OSM) said the first step-out drill hole in the Southern block at the Orión EU rare earth, titanium, and zirconium project in Spain intersected the heavy mineral-prospective Pochico formation, a siliciclastic geological system, according to a Monday Australian bourse filing.The drill hole was located 1.25 kilometers from earlier discovery drill holes, which intersected a primary high-grade heavy mineral seam.Its shares rose 4% in recent trading on Monday.

ASX:OSM

Asia10d ago

Singtel Buys Back Shares Worth SG$6.5 Million

Singtel (SGX:Z74) repurchased and canceled 1.5 million shares in the open market on Friday for SG$6.5 million, according to a same-day filing with the Singapore Exchange.To date, the telecommunications service provider has repurchased nearly 189.8 million shares from its existing buyback mandate.

SGX:Z74

Asia10d ago

Market Chatter: Aster Chemicals Eyes Potential IPO Once New Assets Stabilize

Singapore-based refiner Aster Chemicals and Energy is open to an initial public offering but is unlikely to rush into it, Business Times reported Saturday, citing deputy chief executive Andre Khor.The company would consider a listing only after its recently acquired assets are "on a stronger footing," the report said.Aster recently acquired Shell's Pulau Bukom refinery as well as several energy and chemical assets on Jurong Island, according to the report.(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.)

^STI

Asia10d ago

Aspen (Group) to Dispose of 40% Stake in Malaysian Development

Aspen (Group) (SGX:1F3) agreed to divest a 40% stake in the Tanjun Bungah Development in Malaysia to joint venture partner, Kerjaya Prospek Ventures, for 80 ringgit, according to a Friday filing with the Singapore Exchange.The agreement for the share disposal also includes a recovery of 60 million ringgit in shareholder loans owed by the JV company to the subsidiary, AspenVision Tanjung.The pre-development project in Penang is yet to break ground, with the property developer exiting the business due to challenging macroeconomic conditions that have impacted construction costs and project margins.

SGX:1F3

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