Financial News · Live Terminal

Page 1181 of 1185

EML Payments Revises Underlying EBITDA Guidance; Shares Hit Over 12-Year Low

EML Payments (ASX:EML) revised its fiscal-year underlying earnings before interest, taxes, depreciation, and amortization (EBITDA) guidance to a range of AU$47 million to AU$50 million from AU$58 million to AU$60 million, according to a Monday filing with the Australian bourse.The downgrade is due to the reduced revenue expected in the fiscal year, with a number of program implementations going live later than expected and lower than forecast trading in the northern hemisphere businesses during the third quarter, the filing said.Shares fell nearly 31% in afternoon trade on Monday and earlier reached their lowest since August 2013.

ASX:EML

Asia122d ago

Desay SV Automotive Submits Hong Kong Listing Application

Huizhou Desay SV Automotive (SHE:002920) submitted to the Hong Kong Exchanges and Clearing an application for the offering and listing of shares on the Hong Kong Stock Exchange, according to a Monday disclosure on the Shenzhen bourse.

SHE:002920

Asia122d ago

CapitaLand Investment Raises $320 Million from Second APAC Credit Program

CapitaLand Investment (SGX:9CI) closed its CapitaLand Asia Pacific Credit Program II (ACP II), securing $320 million in total equity commitments, according to a Monday filing with the Singapore Exchange.This was the company's second regional fund under its real estate series and adds around $600 million to its funds under management.The latest fund is allocated to mortgage loans for logistics, office, and living assets in Australia and South Korea.

SGX:9CI

Asia122d ago

Greater China Financial Seeks Final Review of Delisting Ruling

Greater China Financial (HKG:0431) said it has requested a final review of the Hong Kong stock exchange's decision to cancel its listing, according to an April 10 bourse filing.The move follows a March ruling by the listing committee to cancel the company's listing after it failed to meet resumption requirements.The listing is set to be cancelled on April 16 if the decision is not overturned.Trading in the company's shares has been suspended since Sept. 2, 2024.

HKG:0431

Asia122d ago

YKGI Proposes to Renew Buyback Mandate

YKGI (SGX:YK9) proposed to renew its buyback mandate at the upcoming annual general meeting on April 25, according to a Monday filing with the Singapore Exchange.The company intends to undertake the purchase or acquisition of its shares up to a 10% limit during the period, with a view to increasing shareholders' value and improving the return on equity of the company.

SGX:YK9

Asia122d ago

China Hanking Books Lower 2025 Profit

China Hanking (HKG:3788) booked 172.1 million yuan in attributable profit for 2025, falling from 180.9 million yuan in 2024, according to a Hong Kong bourse filing Friday.Shares of the gold miner fell 2% in morning trade Monday.Earnings per share were 0.089 yuan, compared with 0.094 yuan in the prior year.Revenue rose 3.2% year on year to 2.56 billion yuan, figures showed.The firm did not propose a dividend for the year.

HKG:3788

Asia122d ago

Woodside, Santos Shares Rise as Crude Oil Futures Spike

Shares of Woodside Energy Group (ASX:WDS) rose almost 3% in recent trading on Monday, while those of Santos (ASX:STO) climbed nearly 2% as crude oil futures spiked after US President Donald Trump announced a blockade of the Strait of Hormuz.Peace talks between the US and Iran broke down over the weekend. Brent crude oil futures rose just over 7% to $101.91 per barrel.

ASX:STOASX:WDS

Asia122d ago

Zhejiang Medicine to Spin Off Subsidiary for Hong Kong Listing; Shares Down 4%

Zhejiang Medicine (SHA:600216) plans to spin off its subsidiary, Xinma Biopharmaceutical, for listing on the Hong Kong Stock Exchange, according to a Shanghai bourse filing on Saturday.The Chinese drugmaker's shares dropped less than 4% on Monday.

SHA:600216

Asia122d ago

RemeGen Drug Approved For Cancer Indication

RemeGen (HKG:9995) said China's drug regulator approved its Disitamab Vedotin for the treatment of a type of bladder cancer, according to a Hong Kong bourse filing Friday.Shares of the firm gained over 4% in morning trade Monday.The drug was approved in combination with toripalimab for the treatment of urothelial carcinoma which expresses the HER2 protein.The approval marks the fifth indication for Disitamab Vedotin in China.

HKG:9995

Asia122d ago

Shuangdeng Shares Rise 7% on Semi-Solid-State Energy Facility Plans

Shuangdeng (HKG:6960) said it will invest in a project to produce semi-solid-state energy storage cells and system integration for artificial intelligence data centers, according to an April 10 Hong Kong bourse filing.Shares of the energy storage batteries maker were up nearly 7% in Monday morning trade.The company has signed an agreement with the administrative committee of Jiangsu Xuyi Economic Development Zone to develop the project, which will have an annual capacity of 12 gigawatt-hours (GWh).The investment will be rolled out in phases and aims to support growing demand for energy storage services in AI data centers.

HKG:6960

Asia122d ago

Semight Instruments to Raise 1.91 Billion Yuan From IPO

Semight Instruments (SHA:688808) expects to raise net proceeds of up to 1.91 billion yuan from its initial public offering, according to a Monday disclosure on the Shanghai bourse.The Chinese manufacturer of electronic measurement instruments and semiconductor test equipment will issue 25,666,667 shares for 81.88 yuan per share.

SHA:688808

Asia122d ago

C&G Hi Tech Shares Jump 8% on KRW38 Billion Samsung Contract

C&G Hi Tech (KOSDAQ:264660) secured a semiconductor manufacturing equipment contract from Samsung Electronics (KRX:005930), according to a Monday filing with the Korea Exchange.The contract, valued at 38.1 billion won, is valid till Nov. 30.Shares of C&G Hi Tech jumped over 8% in recent trade, while those of Samsung Electronics declined over 1%.

KOSDAQ:264660KRX:005930

Asia122d ago

Bonny International to Sell Loss-making Brand Products Business

Bonny International (HKG:1906) said it agreed to sell its loss-making Brand Products business to its controlling shareholder's son, according to a Hong Kong bourse filing Friday.Shares of the intimate wear firm gained nearly 2% in morning trade Monday.The firm said it would sell Bonny HK, the holding company of its Brand Products business, to Jin Bo for a cash consideration of 241.7 million yuan.According to Bonny International, the sale will help eliminate the "ongoing drag on profitability" from the business on its books. It will also help raise funds for the company's general working capital.As Bonny HK owns the property where Bonny International manufactures its standard products, the firm said it plans to enter a three-year lease agreement to continue operating from the space.The firm will pay 8.4 million yuan in annual rent for the space, according to Bonny International.Meanwhile, Bonny International will enter a framework with Bonny HK to manufacture products for the to-be-disposed unit for a period of three years.The framework will have proposed caps of 8.5 million yuan per year.

HKG:1906

Asia122d ago

China Resources Gas Unit Issues 2.5 Billion Yuan Bonds

China Resources Gas Group (HKG:1193) said its unit China Resources Gas Investment (China) issued bonds worth 2.5 billion yuan, according to an April 10 Hong Kong bourse filing.Shares of the gas distributor were down over 1% in Monday morning trade.The bonds have a term of three years and carry a coupon rate of 1.59% per annum.The proceeds from the offering will be used to repay debt, replace certain bank loans, and replenish working capital.

HKG:1193

Asia122d ago

C&D International, C&D Property Unit Eyes Urban Services, Property Acquisition

C&D International Investment (HKG:1908) and C&D Property Management (HKG:2156) said their unit has signed a memorandum of understanding for the potential acquisition of C&D City Service and Lianfa Property, according to an April 10 Hong Kong bourse filing.Shares of C&D International were down over 1% in Monday morning trade.The proposed deal involves Xiamen Yirui, a subsidiary of both companies, which plans to acquire the two firms in cash from connected parties, with final terms subject to due diligence and further negotiations.C&D City Service provides urban public services and space management, while Lianfa Property offers residential and commercial property management services in mainland China.

HKG:1908HKG:2156

Asia122d ago

APA Group Signs Three-Year Partnership With Energy Technology Company

APA Group (ASX:APA) entered into a three-year partnership deal with Siemens Energy to support Australia's energy transition, the energy infrastructure company said in a statement on Monday.The agreement enables early engagement and cooperation between the two companies to deliver energy infrastructure, such as large-frame gas turbines, across APA's national portfolio of gas-fired power generation, renewables and power projects, per the statement.

ASX:APA

Asia122d ago

Inkeverse's Deposit to Skywork AI Investment Returned While Deal Awaits Approval

Inkeverse Group (HKG:3700) said the deposit paid under its Series A preferred share purchase agreement with Skywork AI has been returned in full, as the transaction remains pending regulatory approval, according to an April 10 Hong Kong bourse filing.Shares of the entertainment content service firm were down over 1% in Monday morning trade.The company agreed in August 2025 to invest 100 million yuan for about a 0.7% stake in Skywork AI through the purchase of Series A preferred shares.Inkeverse said all conditions precedent have been fulfilled except for outbound direct investment approval.Skywork AI, a subsidiary of Kunlun Group, is engaged in artificial intelligence and AI-generated content businesses.Inkeverse said it is unable to provide a timeline for completion, given uncertainties around the approval process.

HKG:3700

Asia122d ago

Ascendio Signs KRW3.02 Billion Drama Production Contract with Jip Film

Ascendio (KRX:012170) signed a drama production contract worth 3.02 billion, won with Jip Film, the South Korea-based entertainment firm said in a filing with the Korea Exchange on Monday.The contract is valid till Apr. 30, 2027.Shares of Ascendio rose 2% in recent trade.

KRX:012170

Asia122d ago

Chinese Shares Open Lower After Trump Declares Naval Blockade of Hormuz

Chinese shares opened lower on Monday as U.S. President Donald Trump vowed to blockade the Strait of Hormuz after talks with Iran failed to reach a deal to end the war.The Shanghai Composite Index, the main gauge of Chinese stocks, opened at 3,971.20 on Monday, 0.4% lower than the previous close of 3,986.22. The Shenzhen Component Index opened at 14,233.11, down 0.5% from 14,309.47.Market sentiment reeled after Trump declared the immediate naval blockade of the Strait of Hormuz and threatened a military end for Iran.In a post on Truth Social, Trump said that while diplomatic talks had been progressing, the core issue of "NUCLEAR" remained unresolved.Trump further ordered the U.S. Navy to "seek and interdict every vessel in International Waters that has paid a toll to Iran," declaring such payments illegal extortion. He also warned Iran that the U.S. is "fully 'LOCKED AND LOADED,' and our Military will finish up the little that is left of Iran!"

Shanghai Composite^SZSE

Asia122d ago

ASX Midday Sector Update: Energy Stocks Advance, Information Technology Struggles

Energy stocks were gaining nearly 3% in midday trading Monday as oil prices spiked once again after peace talks between the US and Iran failed over the weekend, prompting US President Donald Trump to order a blockade of the Strait of Hormuz.Cue Energy Resources (ASX:CUE) and Palm Valley joint venture partners Echelon Resources (ASX:ECH) and Central Petroleum (ASX:CTP) signed a binding multi-year gas sales deal with the Northern Territory government. Cue Energy shares rose 5% and Central Petroleum more than 3%, while Echelon was over 2% lower.On the flip side, nearly all other sectors were in the red, as information technology stocks led decliners with a fall of more than 2%.WiseTech Global (ASX:WTC) was down more than 1%, and Xero (ASX:XRO) was shedding almost 2%.

ASX 200ASX:CTPASX:CUEASX:WTCASX:XRO

Showing 23601-23620 of 23697