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T&S Communications Flags Abnormal Stock Fluctuation

T&S Communications (SHE:300570) flagged abnormal stock movement for two trading days, but its operations remain normal, according to a Shenzhen bourse filing on Tuesday.The telecommunications company's closing share price between June 15 and June 16 was 263.29 yuan per share, exceeding 30% from the bourse's threshold.The company said it does not have matters or disclosures that could have caused the stock fluctuation.

SHE:300570

Asia18d ago

Do-Fluoride New Materials to Offload Majority Stake in Subsidiary for 230 Million Yuan

Do-Fluoride New Materials (SHE:002407) plans to sell 70% of its subsidiary, Ningxia Tianlin New Materials Technology, for 229.6 million yuan, according to a Shenzhen bourse filing on Wednesday.Zhejiang Yonghe Refrigerant (SHA:605020) will acquire the fluorochemical materials producer's stake.After the transaction, Do-Fluoride will retain its 30% holdings in Ningxia Tianlin.The chemical manufacturer's shares fell 2% during the midday trade.

SHE:002407

Asia18d ago

Luye Pharma Group Drug Meets Main Goal of Phase 2 Study

Luye Pharma Group (HKG:2186) said a mid-stage study of LY03015 in China met its main goal, according to a Tuesday filing with the Hong Kong bourse.The firm was studying the drug as a treatment for tardive dyskinesia and chorea associated with Huntington's disease.According to results from the phase 2 trial, subjects receiving the strongest dose of LY03015 reported a response rate of 76.5%, nearly double the historical data for current first-line drugs, the firm said.Subjects also saw a "significant improvement" in symptoms and minimal rebound following treatment cessation.Based on the results, the firm said it now plans to advance the drug into phase 3 clinical trials in both China and the U.S.

HKG:2186

Asia18d ago

China Greenlights Clinical Trials for Two Hengrui Pharma Drugs, Approves Another Indication for Breast Cancer Drug

China's drug regulator approved clinical trials for Jiangsu Hengrui Pharmaceuticals' (SHA:600276, HKG:1276) SHR-6914 injection and HRS-7525 tablets, according to separate filings with the Shanghai bourse on Wednesday.The SHR-6914 injection, produced by subsidiary Suzhou Shengdiya Biopharmaceutical, is indicated for tumors related to prostate cancer.Hengrui's HRS-7525 tablets are indicated for solid tumors.The regulator also approved another indication for its dalpiciclib isethionate tablets for early-stage breast cancer with high risk of recurrence, and are hormone receptor-positive and human epidermal growth factor receptor 2-negative.

HKG:1276SHA:600276

Asia18d ago

DI Corporation Wins KRW22.3 Billion Supply Deal With Samsung Unit

South Korean technology firm DI Corporation (KRX:003160) secured a 22.3 billion won contract to supply semiconductor inspection equipment to Samsung (China) Semiconductor, a unit of Samsung Electronics (KRX:005930), according to a Wednesday Korean Exchange filing.The contract will remain in effect through Dec. 31, 2026.Shares of DI Corporation rose nearly 2% in recent trade, while Samsung Electronics shares fell nearly 1%.

KRX:003160KRX:005930

Asia18d ago

Seeka Issues 2026 Profit Outlook as New Zealand Returns to Typical Kiwifruit Growing Conditions

Seeka (NZE:SEK) expects 2026 net profit before tax in the range of NZ$38 million to NZ$42 million, compared with NZ$47.5 million in the previous year, according to a Wednesday filing with the New Zealand bourse.The company issued its first earnings outlook for the year after the completion of the 2026 kiwifruit harvests across New Zealand and Australia, noting that kiwifruit underpins its overall financial performance.In New Zealand, total class 1 kiwifruit packed for 2026 reached 45.4 million trays, compared with 47.1 million trays in the previous year, reflecting a return to more typical growing conditions following strong yields in 2025.In Australia, the company harvested about 2.3 million kilograms of kiwifruit, down 14% from the previous year as some expected production growth did not materialize due to a hot and dry growing season.Seeka shares slid 1% in recent Wednesday trade.

NZE:SEK

Asia18d ago

Richful Lube Additive Placed in EU's Russia Sanctions List; Shares Down 6%

Xinxiang Richful Lube Additive (SHE:300910) was included in the European Union's list of sanctioned companies that support Russia, according to a Shenzhen bourse filing on Tuesday.The Chinese paper chemicals and lubricants additives maker's shares slumped 6% during the midday trade.The company was among 21 entities and 7 individuals that were placed in the list due to their alleged provision of drones and other military equipment to the Russian military to be used in the war with Ukraine.The company denounced the decision, saying it does not have a license that would allow it to manufacture military products and it has voluntarily terminated its business with Russia.

SHE:300910

Asia18d ago

GeeCee Ventures Raises Stake in GMR Power and Urban Infra

GeeCee Ventures (NSE:GEECEE, BOM:532764) has acquired 100,000 equity shares of GMR Power and Urban Infra (NSE:GMRP&UI, BOM:543490) through an open market purchase for about 10.5 million Indian rupees.The shares were acquired at 105.45 rupees apiece and represent approximately 0.03% of the paid-up share capital of GMR Power and Urban Infra, according to a Tuesday stock exchange filing.Following the transaction, GeeCee Ventures' investment in GMR Power and Urban Infra increased to about 21.1 million rupees, with its shareholding rising to 200,000 equity shares.Shares of GeeCee Ventures fell over 3% in early trade on Wednesday.

BOM:532764BOM:543490NSE:GEECEENSE:GMRP&UI

Asia18d ago

Accrelist Names CEO

Accrelist (SGX:QZG) named Derek Cheong Sheng Ze as the company's chief executive officer, effective June 16, according to a same-day filing with the Singapore Exchange.Shares of the medical aesthetics company were down nearly 2% in Wednesday trading.Derek was previously the chief strategic officer of Thong World.

SGX:QZG

Asia18d ago

Lee's Pharmaceutical Launches HK$50 Million Share Buyback; Shares Jump 8%

Lee's Pharmaceutical (HKG:0950) said it was launching an up to HK$50 million share buy back, according to a Tuesday filing with the Hong Kong bourse.The company said its current share price does not reflect its intrinsic value, representing a good opportunity to conduct the buyback.Shares of the company jumped nearly 8% in late morning trade Wednesday.

HKG:0950

Asia18d ago

Fitch Affirms Vietnam's Sovereign Credit Rating at BB+

Fitch Ratings has affirmed Vietnam's sovereign credit rating at BB+ with a stable outlook, citing strong medium-term growth prospects and relatively low government debt compared with peers.The agency expects Vietnam's economy to expand 6.8% in 2026, supported by foreign investment into export manufacturing, solid electronics shipments and continued infrastructure spending, according to a Tuesday press release.However, it warned that heavy reliance on credit-led expansion, tightening liquidity and external trade risks could weigh on stability.Public debt is projected to rise to 33.7% of GDP by 2027 but remain below peer levels, while strong external inflows and current account surpluses provide support. Fitch said vulnerabilities persist from state-owned enterprise debt, limited policy transparency and potential shocks to export demand.

^HNX^HOSE

Asia18d ago

Shenzhen Bourse Accepts Unigroup's Share Placement Application for Acquisition; Shares Up 3%

Unigroup Guoxin Microelectronics (SHE:002049) said the Shenzhen Stock Exchange accepted its application to place shares for an acquisition, according to a Shenzhen bourse filing on Wednesday.The Chinese semiconductor company plans to fully acquire Ruineng Semiconductor Technology through cash and share placement. The stake will be bought from 14 investors.The company's shares rose 3% during the morning trade.

SHE:002049

Asia18d ago

Yuil Robotics Wins KRW5.2 Billion Factory Automation Systems Construction Order for a New Plant

Yuil Robotics (KOSDAQ:388720) secured an order to build factory automation systems for a new automotive small electric motor manufacturing plant from an unnamed client, according to a Wednesday filing with the Korean Exchange.The order, valued at 5.2 billion won, is valid till March 30, 2027.Shares of Yuil Robotics rose more than 2% in recent trade.

KOSDAQ:388720

Asia18d ago

Tianshan Aluminum's Two Shareholders Scrap Stake Reduction Plan

Two of Tianshan Aluminum's (SHE:002532) shareholders decided to cancel their plans to offload part of their stake, retaining their current shareholdings, according to a Shenzhen bourse filing on Wednesday.Zeng Chaoyi and Zeng Chaolin, who hold 8.08% and 6.08% of the company's total shares, respectively, both previously planned to divest 1% each.

SHE:002532

Asia18d ago

Gold Mining Firms' Shares Follow Precious Metal Higher on Strait of Hormuz Reopening Hopes

Shares of Pantoro Gold (ASX:PNR) advanced 7% in recent trade, while those of Genesis Minerals (ASX:GMD) climbed nearly 5% as the price of gold rose to trade around $4,340 per ounce, after US President Donald Trump said the Strait of Hormuz could reopen on Friday.Shares of Newmont (ASX:NEM) rose 2%.

ASX:GMDASX:NEMASX:PNR

Asia18d ago

Shanjin International Gold Announces Chair, Vice Chair Resignations

Shanjin International Gold (SHE:000975) said Liu Qin and Wang Renjian resigned as chair and vice chair, respectively, due to work adjustments, according to a Wednesday filing with the Shenzhen bourse.The company did not disclose further details regarding the management changes.Shares of the gold miner rose 1% in recent trade.

SHE:000975

Asia18d ago

Tata Consultancy Services Bags Multi-Year Contract from UK's Tottenham Hotspur Football Club

Tata Consultancy Services (NSE:TCS, BOM:532540) has secured a multi-year contract from the UK's Tottenham Hotspur Football Club for the latter's digital transformation, according to a Tuesday filing to the Indian stock exchanges.The Indian technology company will provide advanced solutions across fan engagement, club operations, and Tottenham Hotspur's broader digital ecosystem.The Indian IT services company will also deliver advanced analytics and insights to support the club's operations and decision-making.

BOM:532540NSE:TCS

Asia18d ago

China Merchants Expressway to Make 58.8 Million Yuan Bond Interest Payment

China Merchants Expressway Network & Technology (SHE:001965) will make an interest payment of 58.8 million yuan for its 2.5 billion yuan bond on July 2.The five-year bond carries a 2.35% interest rate, according to a Wednesday filing with the Shenzhen bourse.The toll expressway operator's shares rose nearly 1% in recent trade.

SHE:001965

Asia18d ago

Viji Finance Allots 88.5 Million Warrants in Revised Preferential Issue

Viji Finance (NSE:VIJIFIN, BOM:537820) has allotted 88.5 million convertible warrants on a preferential basis to 19 non-promoter investors.The company received about 62 million rupees as upfront subscription money, representing 25% of the total warrant consideration, according to a Tuesday filing. The remaining amount is payable upon conversion within 18 months of allotment, subject to applicable regulations.The preferential issue was revised from 127.5 million warrants worth 357 million rupees to 88.5 million warrants worth 247.8 million rupees after three proposed investors did not participate in the offering.Each warrant is convertible into one equity share of the company.

BOM:537820NSE:VIJIFIN

Asia18d ago

Zhejiang NHU's Chairman Proposes Share Buyback of Up to 600 Million Yuan; Shares Up 4%

Zhejiang NHU's (SHE:002001) chairman, Hu Baifan, proposed to repurchase shares worth between 300 million yuan and 600 million yuan, according to a Shenzhen bourse filing on Wednesday.The shares will be bought back within 12 months of the approval of the board of directors.The repurchased shares will be used for equity incentive plans or employee stock ownership plans.The nutrition, flavoring, and fragrance products manufacturer's shares jumped 4% during the morning trade.

SHE:002001

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