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Bonjour Holdings Shuffles Top Leadership

Bonjour Holdings (HKG:0653) said it appointed Wong Kai Chi as executive director, vice-chairman, and co-chief executive oficer of the firm, according to a Hong Kong bourse filing Monday.Shares of the beauty products retailer gained over 8% in morning trade Tuesday.The company's current chief executive officer, Wong Iu Ming, was re-designated as co-CEO as part of Wong's appointment.

HKG:0653

Asia156d ago

Zhongce Rubber's Q1 Profit Rises 6%, Revenue Climbs 5%

Zhongce Rubber Group's (SHA:603049) net profit attributable to shareholders in the first quarter rose 5.9% to 1.22 billion yuan from 1.15 billion yuan a year earlier, according to a Tuesday disclosure on the Shanghai bourse.Earnings per share fell 4.8% year on year to 1.39 yuan from 1.46 yuan.Operating revenue climbed 5.2% to 11.2 billion yuan from 10.6 billion yuan in the preceding year.Revenue from the sales of tires rose 3.6% year on year to 9.65 billion yuan, but revenue from the sales of bicycle and motorcycle tires slipped 0.8% to 1.01 billion yuan.The automotive tire manufacturer's tire sales jumped 4.9% to 27.8 million units and bike and motorcycle tire sales fell 7.6% to 29.1 million units from the prior year.

SHA:603049

Asia156d ago

BlueScope Steel Expected to Benefit From Potential US Assets Divestment, Says Jefferies

BlueScope Steel's (ASX:BSL) potential sale of US assets might unlock additional value above the existing bid from Seven Group Holdings and Steel Dynamics, based on sum-of-the-parts or break-up valuation, according to a Tuesday Jefferies note.Jefferies has increased its forecast for the company's earnings before interest and tax for fiscal year 2027 by 15%.The upgrade reflects higher expected steel spreads in Asia and the US during the first half of fiscal year 2027, the note added.Jefferies kept a buy rating on Bluescope with a price target of AU$35.The company's shares rose 2% in recent Tuesday trade.

ASX:BSL

Asia156d ago

Market Chatter: SF Holding Planning $1 Billion Debt Offering

Express logistics business SF Holding (SHE:002352, HKG:6936) is in talks with advisers on a potential $1 billion capital raise via a convertible bond offering, Bloomberg reported Monday.The debt offering could help refinance a portion of SF Holding's HK$2.95 billion zero-coupon convertible bonds due this July.The report cautioned that reports were ongoing and the details may change.(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:6936SHE:002352

Asia156d ago

Asymchem Laboratories Profit Rises 19% in 2025

Asymchem Laboratories (HKG:6821, SHE:002821) posted a net profit attributable to shareholders of 1.13 billion yuan for 2025, up 19% from 949.0 million yuan a year earlier, according to a Monday Hong Kong bourse filing.Hong Kong-listed shares of the pharmaceutical outsourcing services firm lost nearly 2% in Tuesday morning trade.Earnings per share came in at 3.16 yuan, compared with 2.69 yuan in the prior year.Revenue rose 15% to 6.67 billion yuan from 5.80 billion yuan in 2024.The board proposed a final dividend of 13 yuan per 10 shares.

HKG:6821SHE:002821

Asia156d ago

Mitchell Services Posts Higher Fiscal Q3 EBITDA, Revenue, Shares Up 4%

Mitchell Services (ASX:MSV) said earnings before interest, taxes, depreciation, and amortization (EBITDA) for the fiscal third quarter ended March 31 reached AU$11.2 million, up 110% on the third quarter of fiscal year 2025, with fiscal year 2026 year-to-date EBITDA of AU$32.6 million, according to a Tuesday Australian bourse filing.The company said fiscal third-quarter revenue was AU$48.5 million, up from AU$46.8 million in the prior corresponding period, with net debt of AU$900,000 as at March 31, following a dividend payment of about AU$8.5 million in March.The company's shares rose 4% in recent Tuesday trade.

ASX:MSV

Asia156d ago

Wuhan Guide Infrared Q1 Profit Jumps 338%; Shares Up 4%

Wuhan Guide Infrared (SHE:002414) posted first-quarter attributable net profit of 365.9 million yuan, up 338% from 83.5 million yuan the previous year.Earnings per share rose to 0.0857 yuan from 0.0196 yuan, according to a Tuesday filing with the Shenzhen bourse.Operating revenue rose 83% year over year to 1.25 billion yuan from 680.8 million yuan.Shares of the infrared thermal imaging detectors and modules company were up 4% in recent trade.

SHE:002414

Asia156d ago

Sunstone Metals Says Ecuador Gold Project Scoping Study Finds Initial 23-Year Mine Life

Sunstone Metals (ASX:STM) said a scoping study for its Bramaderos gold copper project in Ecuador has outlined an initial 23-year mine life producing 135,000 gold equivalent ounces per year for the first eight years, according to a Tuesday Australian bourse filing.The company said the study returned a post-tax net present value of $900 million at a gold price of $3,500 per ounce, with an all-in sustaining cost (AISC) averaging $1,499 per ounce after credits.Sunstone Metals said the operation is a conventional single open pit feeding a 10-million-tonne-per-year plant at a life-of-mine strip ratio of 1.4, with capital payback estimated at 34 months at $3,500 per ounce gold and 19 months at spot price.The company said potential for significant growth in inventory could underpin a possible stage 2 expansion.

ASX:STM

Asia156d ago

Bank of Maharashtra's Consolidated Profit Grows in Fiscal Q4

Bank of Maharashtra's (NSE:MAHABANK, BOM:532525) consolidated net profit rose to 20.4 billion Indian rupees in the fiscal fourth quarter ended March 31, from 15.0 billion rupees a year ago.Earnings per share climbed to 2.66 rupees from 1.95 rupees a year earlier, the bank said in a filing to the Indian stock exchanges on Monday.Interest earned by the lender in fiscal Q4 increased to 77.6 billion rupees from 67.3 billion rupees a year ago.The bank's board recommended a final dividend of 1.20 rupees per equity share of 10 rupees each for the financial year ended March 31.

BOM:532525NSE:MAHABANK

Asia156d ago

Ever Sunshine Services' Profit Falls 9% in 2025

Ever Sunshine Services (HKG:1995) posted a profit attributable to owners of 437.4 million yuan for 2025, down 8.5% from 478.0 million yuan a year earlier, according to its 2025 annual report released Monday.The residential property manager's shares were down nearly 2% in Tuesday morning trade.Earnings per share came in at 0.2530 yuan, compared with 0.2758 yuan in the prior year.Revenue rose slightly to 6.87 billion yuan from 6.84 billion yuan in 2024.The board recommended a final dividend of HK$0.0735 per share and a special dividend of HK$0.0294 per share.

HKG:1995

Asia156d ago

China Castson 81 Finance Nets HK$49 Million from Rights Issue; Shares Jump 11%

China Castson 81 Finance (HKG:0810) raised about HK$49.2 million from a rights issue, according to a Monday Hong Kong bourse filing.Shares of the securities investor were up over 11% in Tuesday morning trade.The company received valid acceptances for about 53.7% of the offered shares, with the remaining 46.3% taken up by the underwriter, Goodchamp, after unsubscribed shares failed to be placed.Following the transaction, Goodchamp and parties acting in concert increased their stake to about 50.4% from 17.3%.Net proceeds will be used mainly for investments in sectors including new energy, artificial intelligence, and digital assets, as well as for general working capital.Dealings in the rights shares are expected to begin on Wednesday, the filing said.

HKG:0810

Asia156d ago

Tencent Acquires Shares in Kaspi.kz

Tencent Holdings (HKG:0700) acquired 6 million American depositary shares in Kaspi.kz JSC, marking its first investment in Kazakhstan's fintech sector, according to a statement Monday.Tencent acquired the shares, which represent 3.2% of the business, from Baring Fintech Venture Funds.

HKG:0700

Asia156d ago

TFC Optical Communication's Q1 Profit Jumps 46%, Revenue Climbs 41%; Shares Down 7%

Suzhou TFC Optical Communication's (SHE:300394) net profit attributable to shareholders in the first quarter jumped 46% year on year to 492.2 million yuan, or 0.63 yuan per share, according to a Tuesday disclosure on the Shenzhen bourse.The attributable profit a year earlier was 337.6 million yuan, or 0.43 yuan per share.Operating revenue climbed 41% to 1.33 billion yuan from 944.6 million yuan in the prior year.The Chinese fiber optic component manufacturer's shares dropped 7% during the morning trade.

SHE:300394

Asia156d ago

Keppel REIT's Distributable Income Rises 19.7% in Q1

Keppel REIT's (SGX:K71U) distributable income from operations surged 19.7% to SG$57.9 million in the first quarter of the year from SG$48.4 million a year earlier.Net property income attributable to unitholders was up 9.1% to SG$54.7 million from SG$50.1 million in the year-ago period, according to a Tuesday filing with the Singapore Exchange.Portfolio occupancy remained high at 97.1% at the end of the quarter, backed by rental reversion of 17.2%. Meanwhile, the weighted average lease expiry (WALE) for the portfolio and the top 10 tenants was at roughly 4.4 years and 8.0 years, respectively.

SGX:K71U

Asia156d ago

Zheneng Electric Power's Total Power Generation Rises 3% in Q1

Zhejiang Zheneng Electric Power's (SHA:600023) total power generation for the first quarter rose 3.3% year on year to 39.9 billion kilowatt-hours, according to a Shanghai bourse filing on Tuesday.The on-grid electricity in the same quarter climbed 3.5% year on year to 37.9 billion kWh.The power supplier's shares rose 2% during the morning trade.

SHA:600023

Asia156d ago

GMB Korea to Supply Electric Water Pumps to Hyundai Motor, Kia; Shares Rise 4%

GMB Korea (KRX:013870) signed a contract to supply electric water pumps to Hyundai Motor (KRX:005380) and Kia (KRX:000270), according to a Tuesday filing with the Korea Exchange.The contract, valued at 128.9 billion won, is valid till Dec. 31, 2034.Shares of the motor vehicle parts and accessories company rose 4% in recent trade, while those of Hyundai Motor added over 2% and Kia gained more than 1%.

KRX:000270KRX:005380KRX:013870

Asia156d ago

Westpac NZ Offers Relief to Flood-Affected Whanganui, Wellington Customers

Westpac Banking's (NZE:WBC, ASX:WBC) New Zealand unit is providing financial support to customers affected by severe flooding and landslides across the Whanganui and Wellington regions, including temporary loan repayment suspensions and hardship assistance measures, according to a Tuesday statement by the bank.Support measures may include temporarily suspending loan principal repayments, deferring credit card payments, and providing hardship assistance such as lower repayment amounts, short-term overdraft access, and early access to term deposit funds.Business and agricultural customers may be eligible for up to three months of relief on loan and credit card payments, while consumer customers can receive home loan payment suspensions or other customized support based on their situation.

ASX:WBCNZE:WBC

Asia156d ago

Envicool Technology 2025 Profit Up 15%; Shares Fall 10%

Shenzhen Envicool Technology (SHE:002837) posted 2025 attributable net profit of 521.9 million yuan, up 15% from 452.7 million yuan the previous year.Earnings per share rose to 0.53 yuan from 0.47 yuan, according to a Tuesday filing with the Shenzhen bourse.Operating revenue rose 32% year over year to 6.07 billion yuan from 4.59 billion yuan.Shares of the temperature control systems manufacturer were down 10% in recent trade.

SHE:002837

Asia156d ago

Travel Expert Discloses Unauthorized Access to Internal Systems

Travel Expert (Asia) Enterprises (HKG:1235) said it discovered unauthorized access to certain internal servers and storage systems, according to a Monday Hong Kong bourse filing.The travel services provider said affected data may include customer orders, operational records, and employee files, pending confirmation by independent cybersecurity experts.The company added that its credit card operations are handled by third-party processors and banks, with no risk of card information leakage.Travel Expert has reported the incident to Hong Kong authorities and engaged cybersecurity experts to investigate, while activating business continuity measures to maintain operations.The group said the incident has not had a significant impact on its business so far, and operations remain stable.

HKG:1235

Asia156d ago

Market Chatter: MTR Draws Eight Bids for Kam Sheung Road Phase 2 Project

MTR (HKG:0066) received eight bids for its Kam Sheung Road Station Phase 2 project on Monday after attracting 31 expressions of interest, The Standard reported Monday.The site is valued at HK$3.62 billion to HK$7.24 billion, or HK$3,000 to HK$6,000 per square foot, and is expected to provide about 1,290 flats across 1.21 million square feet, according to the report.Bidders included CK Asset (HKG:1113), Henderson Land (HKG:0012), Sun Hung Kai Properties (HKG:0016), K. Wah International (HKG:0173), and Wheelock Properties, among others, the report said.MTR also plans to launch the tender for Tuen Mun A16 Station Package 2 after conducting market consultation this month, the report added.(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:0012HKG:0016HKG:0066HKG:0173HKG:1113

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