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State Grid Yingda Wins 1.6 Billion Yuan in China State Grid Bids

State Grid Yingda (SHA:600517) subsidiaries won bids totaling 1.59 billion yuan from China's State Grid for regional joint procurement of distribution network products.The bids account for over 13% of the company's 2025 operating revenue, according to a Wednesday filing with the Shanghai bourse.Shares of the electric equipment manufacturer rose 2% in recent trade.

SHA:600517

Asia16d ago

Samsung Securities Offers Equity-Linked Securities Worth KRW440 Billion; Shares Decline 4%

Samsung Securities (KRX:016360) launched a public offering of equity-linked securities (ELS) worth 440 billion won on Wednesday, according to a same-day filing with the Korean Exchange.Subscription for the offering will be active from June 18 to June 25, with the payment date being June 25, the filing said.Shares of Samsung Securities fell over 4% in recent trade.

KRX:016360

Asia16d ago

Golden Horse Minerals Confirms 'Strong, Wide' Mineralization Continues at Depth at Western Australia Deposit; Shares Up 3%

Golden Horse Minerals (ASX:GHM) confirmed that "strong and wide" mineralization continues at depth at the Hopes Hill deposit, within its Southern Cross project in Western Australia, according to a Thursday filing with the Australian bourse.Results include 24 meters at 2.2 grams per tonne (g/t) grade of gold from nearly 379 meters, within a broad zone of mineralization of 40 meters at 1.5 g/t grade of gold from 379 meters, the filing said.Drilling at the deposit is ongoing, with two diamond and one reverse circulation rig targeting lode extensions, per the filing.Shares rose nearly 3% in afternoon trade Thursday.

ASX:GHM

Asia16d ago

Lu'an Environmental Energy Development Names Chairman, CFO

Shanxi Lu'an Environmental Energy Development (SHA:601699) appointed Mao Yonghong chairman, according to a Shanghai bourse filing on Thursday.Mao was a general manager of the company.Moreover, the coal miner appointed Feng Lisong as chief financial officer and deputy general manager.

SHA:601699

Asia16d ago

Lu'an Environmental Energy Development Gets Approval for Shanxi, China Coal Mine; Shares Down 3%

Shanxi Lu'an Environmental Energy Development (SHA:601699) subsidiary Lu'an Yuanfeng Mining has received the approval of the National Energy Administration for the construction of the Yaojiashan coal mine in Shanxi, China.The project, part of the Liliu Mining Area, will develop 3 million tons per year of coal production capacity with a matching preparation plant, according to a Thursday filing with the Shanghai bourse.Shares of the coal miner were down 3% in recent trade.

SHA:601699

Asia16d ago

Haohua Chemical Science & Technology's Parent to Add Company Stake for 646 Million Yuan

Haohua Chemical Science & Technology's (SHA:600378) controlling shareholder, China Haohua Chemical Group, plans to acquire an additional 1.56% of the company for a consideration of 646.4 million yuan, according to a Shanghai bourse filing on Wednesday.The Chinese chemical manufacturer's shares slipped 1% in Thursday morning trade.About 1.25% of the company's stake will be bought from China Foreign Economy and Trade Trust and 0.31% from Sinochem Capital Venture Investment.After the transaction, China Haohua's holdings in Haohua will rise to 47.31% from 45.75%.

SHA:600378

Asia16d ago

Singapore's Housing Board Launches New Build-To-Order Flats

Singapore's Housing Development Board (HDB) launched 6,952 build-to-order (BTO) flats for sale on June 17, according to a same-day company release.The flats include around 2,000 flats in Sembawang North.Seven BTO projects are up for grabs, including two planned BTO projects in Lakeview, comprising 1,221 units. The flats have been priced at discounts, via government subsidies, the release said.Meanwhile, eligible first-timer families can take advantage of the Enhanced CPF Housing Grant of up to SG$120,000.

^STI

Asia16d ago

China's Central Bank to Auction 40 Billion Yuan of Bills in Hong Kong

China's central bank will auction about 40 billion yuan of short-term bills in Hong Kong on June 22, according to a statement Wednesday.The People's Bank of China will auction six-month yuan-denominated bills that will mature on Dec. 23.The bills will bear interest at the highest accepted tender rate.

Hang SengShanghai Composite^SZSE

Asia16d ago

Jinko Power Technology to Invest 200 Million Yuan in New Generation IT Fund

Jinko Power Technology (SHA:601778) committed 200 million yuan as a limited partner in the Shenzhen Runxin Tianji Equity Investment Fund.The amount represented 31.75% of the 630-million-yuan fund, according to a Thursday filing with the Shanghai bourse.The fund, managed by CSC Capital, will target unlisted companies in the new generation information technology sector.Shares of the solar panel manufacturer were down 2% in recent trade.

SHA:601778

Asia16d ago

Hyundai Glovis to Invest KRW599 Billion in HMG Future Complex

The Board of Hyundai Glovis (KRX:086280) approved an investment of 598.5 billion won in HMG Future Complex, which is scheduled to be included in its parent Hyundai Motor Group, according to a Wednesday filing with the Korea Exchange.The investment will be made via the acquisition of 598,500 common shares to secure operational facilities and new research bases.The HMG Future Complex was established on May 22.Shares of Hyundai Glovis fell nearly 2% in recent trade.

KRX:086280

Asia16d ago

Wens Foodstuff Signs Four-Party Supervision Deal for Raised Funds' Special Accounts

Wens Foodstuff (SHE:300498) entered into a four-party supervision with Xinxing County Sub-branch of Agricultural Bank of China and China International Capital (HKG:3908, SHA:601995) for special accounts for raised funds, according to a Shenzhen bourse filing on Wednesday.The livestock company's shares fell 2% during Thursday's morning trade.The special accounts will be for 245 million yuan, which will be used for the construction of the Danwei Breeding Community Project and the Daitang High-Efficiency Breeder Chicken Farm Project.The funds were part of the 9.23 billion yuan in proceeds raised from the issuance of convertible bonds.

HKG:3908SHA:601995SHE:300498

Asia16d ago

Jiangsu Boqian New Materials Files for Hong Kong Listing; Shares Jump 10%

Jiangsu Boqian New Materials (SHA:605376) applied for an initial public offering of its H shares with the Hong Kong Stock Exchange.The offering requires approvals from the China Securities Regulatory Commission, the Hong Kong Securities and Futures Commission and the Hong Kong bourse, according to a Thursday filing with the Shanghai bourse.Shares of the metal powder manufacturer rose 10% in recent trade.

Hang SengSHA:605376

Asia16d ago

ImmuneOnco Biopharm Invests HK$88 Million in Wealth Management Product

ImmuneOnco Biopharmaceuticals (Shanghai) (HKG:1541) agreed to invest HK$87.5 million in a wealth management product offered by Vital Ventures, according to a Wednesday Hong Kong bourse filing.The cash management fund is expected to generate an annualized return of 1.5% to 4.5% and invests in assets including cash, bank deposits, certificates of deposit, and short-term U.S. Treasury bonds.The company said the subscription will be funded by surplus cash reserves and is intended to improve capital utilization and generate additional income from idle funds.

HKG:1541

Asia16d ago

Beijing Huafeng Test & Control Technology Launches Over 749-Million-Yuan Convertible Bond Offering

Beijing Huafeng Test & Control Technology (SHA:688200) will issue 749.5 million yuan in convertible bonds through a priority allocation to existing shareholders and a public offering.The bonds will be issued on June 23, according to a Wednesday filing with the Shanghai bourse.China International Capital serves as lead underwriter.Shares of the semiconductor manufacturer rose 1% in recent trade.

SHA:688200

Asia16d ago

Japan Fair Trade Commission Probes Six Major Ice Cream Makers Over Price-Fixing Suspicions

Six Japanese confectionery and dairy companies--Morinaga Milk (TYO:2264), Morinaga & Co.(TYO:2201), Akagi Nyugyo, Lotte, Ezaki Glico (TYO:2206), and Meiji (TYO:2269)--are being investigated by the Japan Fair Trade Commission (JFTC) on suspicion of violating the Antimonopoly Act.All six companies confirmed the on-site inspections and pledged full cooperation with authorities, according to statements on their websites on Thursday.The inspections, which took place on June 16, centered on suspected coordination over the determination of prices for ice cream and frozen dessert products.Akagi Nyugyo, Lotte, Glico, and Meiji each specifically acknowledged the price-fixing suspicions in their statements, while Morinaga Milk and Morinaga & Co. confirmed the inspections without detailing the nature of the alleged violations.All six companies said they are taking the inspections seriously and will cooperate fully with the JFTC's investigation.Lotte, in a response to MT Newswire's email, confirmed that an on-site inspection took place and that it will fully cooperate with the investigation.The Japan Fair Trade Commission has not replied to MT Newswire's query at press time.

TYO:2201TYO:2206TYO:2264TYO:2269

Asia16d ago

True North Copper Completes Acquisition of Renegade Exploration's Interest in Queensland Joint Venture

True North Copper (ASX:TNC) completed the acquisition of Renegade Exploration's (ASX:RNX) interest in the Carpentaria joint venture in Queensland, following the expiry of the right of first refusal period without exercise by Glencore, according to a Thursday filing with the Australian bourse.The transaction allows the company to consolidate ownership across the Mongoose-Taipan corridor and secure future exploration opportunities next to the Cloncurry project, the filing said.True North Copper shares rose 2% in midday trade on Thursday.

ASX:RNXASX:TNC

Asia16d ago

US, Iran Sign Ceasefire Deal, Agreeing to Reopen Strait of Hormuz, Pakistan PM Says

The United States and Iran formally signed a landmark ceasefire agreement on Wednesday, with Pakistani Prime Minister Shehbaz Sharif confirming on X that the accord had been electronically signed by the presidents of both nations.Sharif, who served as mediator, said the deal carries immediate effect, with Iran pledging to reopen the Strait of Hormuz and Washington committing to lift its naval blockade as the first steps under the agreement.Trump confirmed the signing of the agreement, telling reporters outside the Palace of Versailles in France, "I signed it in Versailles... Just signed it," according to multiple reports, including from the AFP.

^BSE^HNXHang Seng^JKSEFTSE Bursa Malaysia KLCIKOSPINikkei 225^NSE^PSEI^SETShanghai Composite^STI^SZSETaiwan Weighted

Asia16d ago

Taiwan Stepping Up Efforts to Spread Benefits of AI-Linked Economic Boom

The Taiwanese government is stepping up efforts to spread the achievements and benefits of an artificial intelligence-linked economic boom to all industries, Minister of Economic Affairs Kung Ming-hsin said in a social media post on Wednesday.Kung's comments came after some institutions revised Taiwan's GDP growth forecasts upward, with some projecting an increase of up to 10%.Referencing the revisions, Kung said Taiwan's economic growth had indeed performed well, with the machinery industry -- a sector of ongoing government focus -- experiencing export growth of 18.5% in the first five months of the year.

Taiwan Weighted

Asia16d ago

Centurion Acquires 25% Stake in Perth, Australia Student Housing Project

Centurion (SGX:OU8) acquired a 25% stake in its second student accommodation development in Perth, Australia, for a cash consideration of AU$250,000, according to a Wednesday filing with the Singapore Exchange.The acquisition comes following a similar acquisition of a 472-bed development in the same city in December 2025.The investment was carried out through its subsidiary, Centurion Overseas Investments, which subscribed for shares in the Fairway development. The remaining 75% is held by a subsidiary of the company's controlling shareholder.The development is expected to be completed by the second quarter of 2027, and will be managed under the company's EPIISOD brand.

SGX:OU8

Asia16d ago

Electro Optic Systems Requests Trading Halt Pending Disclosure Related to Weapon Sales, Joint Venture

Electro Optic Systems Holdings (ASX:EOS) requested an immediate trading halt on the Australian Securities Exchange pending disclosures related to the sale of remote weapon systems and a contract to set up a joint venture, according to a Thursday filing with the bourse.The company expects its securities to remain in a trading halt until either the start of trading on June 22 or the release of the market disclosure, whichever happens earlier.

ASX:EOS

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