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ICBC Sells 50 Billion Yuan Bonds

Industrial and Commercial Bank of China (HKG:1398, SHA:601398) completed the issue of 50 billion yuan of bonds in the National Interbank Bond Market, according to a Friday Hong Kong bourse filing.The tranche of bonds carries a fixed interest rate of 2% and will fall due in 10 years. The issue has a conditional redemption right at the end of the fifth year.The lender will use proceeds to boost its tier 2 capital.

HKG:1398SHA:601398

Asia122d ago

Heranba Industries Launches Two Crop Nutrition Products

Heranba Industries (NSE:HERANBA, BOM:543266) has launched two crop nutrition products, Fentaamine and MycoHil, according to a Friday filing on Indian bourses.Fentaamine is a bio-stimulant designed to improve plant metabolism, enhance stress tolerance and increase crop yield, the filing said. MycoHil is a biofertilizer aimed at improving nutrient absorption, strengthening soil microbiology and promoting sustainable farming practices, it added.The products have been developed in collaboration with a U.S.-based multinational company, Heranba Industries said in the filing.

BOM:543266NSE:HERANBA

Asia122d ago

CIFI Logs 1.15 Billion Yuan in March Contracted Sales

CIFI (HKG:0884) recorded contracted sales of around 1.15 billion yuan in March, with a gross floor area (GFA) of 107,100 square meters, according to a Friday Hong Kong bourse filing.The property firm's average selling price for the month stood at approximately 12,200 yuan per square meter.In the first quarter of 2026, contracted sales and GFA reached roughly 2.41 billion yuan and 232,800 square meters, respectively, with an average selling price of 11,300 yuan per square meter.

HKG:0884

Asia122d ago

Silicon Rental Solutions Gets Laptop Order Worth INR12 Million

Silicon Rental Solutions (BOM:543615) has received a purchase order worth 11.7 million Indian rupees from Infin Tech Rent Guru, according to an Indian bourse filing on Friday.The order includes 58 MacBook Pro M5 laptop units, comprising 45 units of 16GB/1TB (S), eight units of 16GB/1TB, and five units of 24GB/1TB configurations, the filing said.Delivery is scheduled within seven days, it added.

BOM:543615

Asia122d ago

Jins' Profit Slides 10% in Fiscal H1; Cuts Full-Year Forecasts

Jins' (TYO:3046) profit attributable to owners of the parent slid 10% to 3.39 billion yen for the fiscal first half from 3.79 billion yen a year earlier.The eyewear retailer's earnings per share declined to 145.36 yen from 162.17 yen a year ago, according to a Tokyo bourse filing on Friday.Net sales jumped 13% to 50.5 billion yen for the six months ended Feb. 28 from 44.8 billion yen in the prior year.In a separate filing, Jins lowered its forecasts for the full fiscal year ending Aug. 31, after its first half fell short of expectations due to a one-off factor in the domestic eyewear business.The company now expects an attributable profit of 8.62 billion yen from 8.82 billion yen previously, EPS of 369.39 yen from 377.87 yen, and net sales of 110.4 billion yen from 111.7 billion yen.Jins plans to pay a year-end dividend of 68 yen per share for the current year, which is higher than the 59 yen paid in the prior-year period.

TYO:3046

Asia122d ago

Fosun Pharma Unit Gets China Nod to Register Analgesia Drug

Shanghai Fosun Pharmaceutical (SHA:600196, HKG:2196) unit Yaopharma's drug registration application of Flurbiprofen Axetil Injection was approved by China's National Medical Products Administration, according to a Friday Hong Kong bourse filing.The approved indication is for post-surgical and cancer-related analgesia.

HKG:2196SHA:600196

Asia122d ago

Eco Hotels And Resorts Ties Up with My Travel Bazaar to Expand B2B Travel Services

Eco Hotels And Resorts (BOM:514402) said it has entered into a strategic partnership with business-to-business travel company My Travel Bazaar to offer integrated airline booking, hotel reservations, railway ticketing and end-to-end travel services, according to a company statement filed with BSE on Friday.The tie-up will leverage a network of over 20,000 travel agents to expand its reach in the B2B segment, the statement said.

BOM:514402

Asia122d ago

SinoMedia Proposes Name Change

SinoMedia (HKG:0623) is proposing to change its English name to Golden Bridge Group, according to a Friday Hong Kong bourse filing.The name change is subject to shareholder and regulatory approvals, the advertising firm said.The firm believes the new name will give it a more defined corporate image and identity, aligning with its strategic focus, and is expected to boost business development.

HKG:0623

Asia122d ago

Crisil, India Ratings Assigns A1+ Rating to Mahindra & Mahindra Financial's Commercial Papers

Mahindra & Mahindra Financial Services (NSE:M&MFIN, BOM:532720) said CRISIL Ratings has assigned A1+ rating to the company's commercial paper worth 170 billion Indian rupees, according to an Indian bourse filing on Friday.Separately, India Ratings & Research also assigned A1+ rating to Mahindra & Mahindra Financial's commercial paper worth 200 billion Indian rupees, the filing said.

BOM:532720NSE:M&MFIN

Asia122d ago

Carrianna's Vice Chair Steps Down

Carrianna (HKG:0126) said Ma Hung Ming, John, resigned as its vice-chairman effective Friday, according to a same-day Hong Kong bourse filing.Ma was also re-designated from executive director to non-executive director, the restaurant operator said.The move comes for Ma to focus on other business developments and align with the firm's work adjustments.

HKG:0126

Asia122d ago

Market Chatter: China to Allow State Refiners to Tap Commercial Oil Reserves Amid Energy Crunch

China has allowed state refiners to tap commercial oil reserves, Bloomberg News reported Friday, citing people familiar with the matter.The move comes amid a global energy crisis brought about by the war in Iran, according to the report.The sources did not say how much the state-owned refiners such as China Petroleum & Chemical (HKG:0386, SHA:600028) or Sinopec and PetroChina (HKG:0857, SHA:601857) parent China National Petroleum Corp. could take, the report said.China could allow refiners to extract reserves of up to 1 million barrels daily from April to June, the report said, citing analysts at Energy Aspects.Chinese crude imports reach 11 million barrels daily, Bloomberg reported.(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:0386HKG:0857SHA:600028SHA:601857

Asia122d ago

SJVN Names CFO

SJVN (NSE:SJVN, BOM:533206) appointed Parthajit De as chief financial officer, effective April 10, according to a same-day filing on Indian bourses.Shares of the company were up over 2% in after-market hours.

BOM:533206NSE:SJVN

Asia122d ago

Market Chatter: Hainan Airlines Seeks As Much As 500 Million Yuan in Bond Market Return

Hainan Airlines (SHA:600221) is seeking to raise as much as 500 million yuan in a potential onshore bond offering, Bloomberg reported Friday, citing people familiar with the matter.The airline's issuance comes following a debt restructuring more than four years ago, marking its return to the bond market, according to the news outlet.Hainan Airlines representatives have connected with investors in recent weeks to gauge interest in a sale of five-year bonds, according to Bloomberg.The airline has been planning the possible bond sale for at least one year, Bloomberg 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.)

SHA:600221

Asia122d ago

China to Improve Freight Transport Hubs

Chinese officials are looking to boost the country's freight transport hubs by increasing capacity for critical strategic materials and key industrial goods, Xinhua News Agency reported Thursday.Officials from the finance and transport ministries will support 30 cities and city clusters to boost their transport capacity over a three-year period beginning in 2026, the report said.China also seeks to improve its logistics network to ensure better domestic and international connections, according to the state-owned news agency.

Shanghai Composite^SZSE

Asia122d ago

Avonmore Capital & Management to Acquire EGE Consultant

Avonmore Capital & Management Services (NSE:AVONMORE, BOM:511589) agreed to acquire EGE Consultant, according to an Indian bourse filing on Friday.The transaction is subject to certain conditions, the company said.

BOM:511589NSE:AVONMORE

Asia122d ago

Zhenro Properties Logs 315 Million Yuan in March Contracted Sales

Zhenro Properties Group (HKG:6158) recorded contracted sales of around 315 million yuan in March, with a gross floor area (GFA) of 21,070 square meters, according to a Friday Hong Kong bourse filing.The property firm's average selling price for the month stood at approximately 15,000 yuan per square meter.For the first quarter of 2026, contracted sales and GFA reached roughly 964 million yuan and 68,134 square meters, respectively, with an average selling price of 14,100 yuan per square meter.

HKG:6158

Asia122d ago

Belc's Full-Year Profit Up 2.4%

Belc's (TYO:9974) profit attributable to owners of the parent rose 2.4% to 12.7 billion yen for the fiscal year ended Feb. 28 from 12.4 billion yen a year earlier.The supermarket operator's basic earnings per share increased to 608.69 yen from 594.16 yen a year ago, according to a Tokyo bourse filing on Friday.Operating income gained 9.2% to 423.4 billion yen from 387.8 billion yen in the prior year.It declared a year-end dividend of 62 yen per share, payable from May 7.For the fiscal year ending Feb. 28, 2027, the company expects attributable profit in the range of 12.5 billion to 13.6 billion yen, basic EPS of 600.07 yen to 652.88 yen, and net sales of 434.5 billion to 454.6 billion yen.Belc plans to pay interim and year-end dividends of 66 yen per share, each, for the current year, which is higher than the dividends paid in the prior-year period.

TYO:9974

Asia122d ago

China Seeks More Competition Oversight in Power, Energy Storage Sectors

Chinese authorities asked companies to resist unreasonable pricing and unfair competition to ensure a healthy market environment for the power and battery energy storage sector, Xinhua News Agency reported Thursday.The Ministry of Industry and Information Technology, the National Development and Reform Commission, the State Administration for Market Regulation, and the National Energy Administration issued the guidelines.The agencies also sought improved product quality supervision, efforts against intellectual property violations, and measures to address the spillover of competition into overseas markets, the report said.

Shanghai Composite^SZSE

Asia122d ago

Market Chatter: Prohibitions on Foreign Tech Could Deter Chinese Carmakers from Entering US, Top Trade Official Says

U.S. curbs on foreign technology could keep Chinese car manufacturers out of the country for the next 12 to 18 months, Bloomberg reported Thursday, citing U.S. Trade Representative Jamieson Greer.American prohibitions on foreign-made connected vehicle technology and software created by so-called foreign entities of concern are Chinese companies' biggest stumbling block, according to the report, citing Greer."It would probably be difficult for certain countries to establish new production here, given those sets of rules," Bloomberg quoted Greer as saying to reporters during a tour of an automobile production facility.Domestic car manufacturers are closely watching the possible entry of Chinese carmakers to the U.S., after President Donald Trump said he was open to China-based manufacturers from setting up shop in America, provided they hire American workers, the report 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.)

Shanghai Composite^SZSE

Asia122d ago

Market Chatter: Blackstone, Apollo and SoftBank Eye Over 1 Trillion Yen TEPCO Capital Tie-Up

Tokyo Electric Power Co. (TYO:9501) has drawn interest from Blackstone, Apollo Global Management, and SoftBank (TYO:9984) for a planned capital partnership that could involve external funding exceeding 1 trillion yen, according to a Nikkei report on Thursday.Citing people familiar with the discussions, the publication said global private equity firms are viewed as strong contenders to provide such an investment.Proposals were submitted before TEPCO's end-of-March deadline, the news agency added, allowing the utility to begin screening potential partners.The power company intends to spend the coming months refining possible deal structures and narrowing down the candidate list, the report noted.TEPCO has not replied to MTNewswire queries at press time.(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.)

TYO:9501TYO:9984

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