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Far East Smarter Energy Gets Contract Orders Amounting to 2.63 Billion Yuan in April; Shares Up 5%

Far East Smarter Energy (SHA:600869) received contract orders worth 2.63 billion yuan in April, according to a Shanghai bourse filing on Thursday.The contracts included those won from the State Grid Corporation of China. It covered smart cables and green building cables.The wire and cable manufacturer's shares jumped 5% during the morning trade.

$SHA:600869

Asia3d ago

Uranium Producers Rise as New South Wales Uranium Bill Passes into Law

Shares of Australia-listed uranium producers rose in recent Thursday trade as the New South Wales Uranium Bill was passed into law on Monday, according to a Thursday statement by the Minerals Council of Australia.Shares of Deep Yellow (ASX:DYL) rose 5%, while Paladin Energy (ASX:PDN) gained 7% and Nexgen Energy (ASX:NXG) added 6%.The new legislation removes the NSW prohibitions on uranium mining and nuclear energy, according to the statement.

$ASX:DYL$ASX:NXG$ASX:PDN

Asia3d ago

Zeotech Starts Air-Core Drilling at Queensland Project

Zeotech (ASX:ZEO) started a new air-core drilling program at the Toondoon project in Queensland, with 119 holes covering 3,500 meters, according to a Thursday filing with the Australian bourse.The program, designed to increase confidence in the project's mineral resource, will focus on infill grade control drilling on mining lease 80126 and step-out exploration targeting high-prospect areas across exploration permits 27395 and 27866, the filing said.

$ASX:ZEO

Asia3d ago

China to Issue Treasury Bonds Amounting to 84 Billion Yuan in Hong Kong

China's Ministry of Finance plans to issue 84 billion yuan in treasury bonds in Hong Kong this year, the ministry said in a Wednesday disclosure.The renminbi-denominated treasury bonds in Hong Kong for this year are higher than the 68 billion yuan issued a year earlier, Xinhua reported on the same day.The bonds for this year will be issued in six tranches, with the first two amounting to 29.5 billion yuan already issued in February and April, according to the ministry.

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Asia3d ago

Atlantic Lithium Enters Scheme Implementation Deed With China-Based Battery Manufacturing Company; Shares Up 11%

Atlantic Lithium (ASX:A11) entered into a binding scheme implementation deed with China-based battery manufacturing firm Zhejiang Huayou Cobalt for the acquisition of all of the issued shares in the company through a scheme of arrangement at $0.25486 apiece, according to a Thursday filing with the Australian bourse.The all-cash scheme consideration values the company at about $210 million, the filing said.The board unanimously recommended that shareholders vote in favor of the scheme, in the absence of a superior proposal and subject to an independent expert continuing to conclude that it is in the best interests of shareholders, per the filing.Atlantic Lithium shares rose 11% in afternoon trade on Thursday.

$ASX:A11

Asia3d ago

Xingye Silver & Tin Mining Unit Acquires Tibet Gold Mine for 164 Million Yuan; Shares Up 5%

Inner Mongolia Xingye Silver & Tin Mining (SHE:000426) indirect unit Xinda Mining agreed to fully acquire Tibet Sunshine Mining Investment for 164 million yuan, according to a Thursday filing with the Shenzhen bourse.Tibet Sunshine Mining Investment holds a 70% stake in the Chalapu gold mine in Tibet, but the stake in the operating unit and its exploration rights are under judicial freeze due to 46 million yuan in overdue guarantees for the Taiyuan Moon Bay Hotel.Shares of the miner jumped 5% in recent trade.

$SHE:000426

Asia3d ago

Brigade Enterprises' Consolidated Attributable Profit Slides in Fiscal Q4; EPS, Revenue Miss Estimates

Brigade Enterprises' (NSE:BRIGADE, BOM:532929) consolidated attributable profit declined to 1.45 billion Indian rupees in the fiscal fourth quarter ended March 31, from 2.47 billion rupees a year ago.Earnings per share contracted to 5.94 rupees from 10.32 rupees a year earlier, the real estate developer said in a filing to the Indian stock exchanges. The EPS was lower than the 6.67 rupees estimated by the analysts polled by Visible Alpha.Revenue from operations in fiscal Q4 remained flat year-on-year at 14.6 billion rupees. This is also lower than Visible Alpha's estimate of 17.2 billion rupees.The company's board recommended a final dividend of 2 rupees per equity share of 10 rupees each for the financial year ended March 31.

$BOM:532929$NSE:BRIGADE

Asia3d ago

Global Wave Venture Acquires Minority Stake in Avi-Tech for SG$17 Million

Global Wave Venture acquired 51.1 million shares in Avi-Tech (SGX:1R6) for SG$17 million, according to a Thursday filing with the Singapore Exchange.Following the transaction, Global Wave has a 29.9% stake in the technology company, the filing added.The transaction was conducted through W Capital Markets.Following the completion of the transaction, Lim Eng Hong has stepped down from his role as the company's chief executive officer, while Lim Tai Meng Alvin has also stepped down as the company's chief operating officer.

$SGX:1R6

Asia3d ago

AIMS APAC REIT's DPU Up 2.6% in Fiscal 2026; Shares Up 3%

AIMS APAC REIT's (SGX:O5RU) distribution per unit rose 2.6% in the fiscal year ended March 31 to SG$0.0985 from SG$0.096 a year earlier, according to a Thursday filing with the Singapore Exchange.Distribution to unitholders was up 3.1% to SG$80.6 million from SG$78.2 million.Net property income rose 5.7% to SG$141.3 million from SG$133.7 million in the year-ago period.Gross revenue, meanwhile, edged up 2.2% year over year to SG$190.7 million from SG$186.6 million.Portfolio occupancy came in at 93.6%, backed by positive rental reversion of 7.7%.Shares of the company gained over 3% in late-morning trade Thursday.

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Asia3d ago

StarHub's Net Attributable Profit Falls 81% in Q1

StarHub's (SGX:CC3) net attributable profit to shareholders plunged 81% in the first quarter of the year to SG$5.9 million from SG$31.8 million a year earlier, according to a Thursday filing with the Singapore Exchange.Revenue declined 6.1% year over year to SG$507.3 million from SG$540.5 million, mainly due to an across-the-board decline in services revenue.

$SGX:CC3

Asia3d ago

Meesho Narrows Consolidated Loss in Fiscal Q4

Meesho (NSE:MEESHO, BOM:544632) narrowed its consolidated attributable loss to 1.66 billion Indian rupees in the fiscal fourth quarter ended March 31, from a loss of 13.9 billion rupees a year ago.Loss per share contracted to 0.36 rupees from a loss per share of 3.39 rupees a year earlier, the online marketplace said in a filing to the Indian stock exchanges on Wednesday. The loss per share was lower than the 0.73 rupees estimated by the analysts polled by Visible Alpha.Revenue from operations in fiscal Q4 increased to 35.3 billion rupees from 24.0 billion rupees a year ago. This is a tad higher than Visible Alpha's estimate of 35.2 billion rupees a year ago.

$BOM:544632$NSE:MEESHO

Asia3d ago

Changchun High-Tech Gets Regulatory Nod for Gouty Arthritis Drug

Changchun High-Tech Industry (SHE:000661) subsidiary Changchun Genescience Pharmaceutical obtained China's regulatory approval to manufacture and market its fuxinqibai monoclonal antibody injection.The drug is indicated for acute gouty arthritis attacks in adults poorly responsive to standard therapies, according to a Thursday filing with the Shenzhen bourse.

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Asia3d ago

Yida China Hit With Lawsuit Over 498 Million Yuan Subsidiary Debt

Yida China (HKG:3639) has been served with a lawsuit by Bohai Trust seeking the recovery of 498 million yuan plus interest, according to a Wednesday filing with the Hong Kong Exchange.The property developer's shares gained nearly 3% in morning trade on Thursday.The claim relates to a trust fund loan contract involving Yida's subsidiary, Gaoji Co., which allegedly failed to meet its repayment obligations.Bohai Trust is also seeking priority compensation rights over the loan's collateral and Yida Real Estate's equity interest in Gaoji.Yida China said it is reviewing the claim and is in talks with the lender to reach an arrangement.

$HKG:3639

Asia3d ago

Changchun High-Tech Gets Approval for Clinical Trial of GenSci155

Changchun High-Tech Industry (SHE:000661) subsidiary Changchun Genescience Pharmaceutical obtained China's regulatory acceptance for the clinical trial application of GenSci155 injection.The drug is indicated to prevent bronchopulmonary dysplasia in preterm infants and to treat acute ischemic stroke, according to a Thursday filing with the Shenzhen bourse.

$SHE:000661

Asia3d ago

Orica Launches AU$100 Million Cost Reduction Program; Shares Up 7%

Orica (ASX:ORI) initiated an organization-wide cost reduction program targeting at least AU$100 million in annualized savings over the next three years while maintaining its focus on safety and growth priorities, according to a Thursday filing with the Australian bourse.The company incurred net restructuring costs of AU$10.9 million associated with the program during the fiscal first half, the filing added. It expects to realize most of the program's benefits from 2027 onwards.The company's shares rose around 7% in recent Thursday trade.

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Asia3d ago

CITIC Resources Renews Financial Services Agreements With Associates

CITIC Resources (HKG:1205) renewed certain financial services agreements with its associates, the firm said in a Hong Kong bourse filing Wednesday.Shares of the natural resource company were up nearly 2% in Thursday morning trade.The company entered into the international financial services agreement with each of CITIC Bank International and CITIC Finance International and the China financial services agreement with CNCB and CITIC Finance PRC who agreed to provide financial services to the group for a period of three years.

$HKG:1205

Asia3d ago

CMES Robotics Secures KRW5.29 Billion Robotic Automation Equipment Supply Contract; Shares Decline 6%

CMES Robotics (KOSDAQ:475400) secured a contract to supply robotic automation equipment to Seohung Co., according to a Thursday filing with the Korea Exchange.The contract, valued at 5.29 billion won, is valid until Sept. 30.Shares of CMES Robotics fell nearly 6% in recent trade.

$KOSDAQ:475400

Asia3d ago

Chaoju Eye Care Units Sign Five-Year Lease Agreements in Chifeng, China

Chaoju Eye Care (HKG:2219) said its units entered into five-year tenancy agreements in Chifeng, China, according to a Hong Kong bourse filing Wednesday.The ophthalmology company's shares gained over 1% in morning trade Thursday.The company's Chifeng Hospital unit will lease one property from Hongshan District Haohui Information Consultancy Centre for 14.3 million yuan and another from Hongshan District Tongde Domestic Services Department for 668,100 yuan.Chifeng Optical, another subsidiary, will also lease a premise from Hongshan District Haohui Information Consultancy Centre for a total payment of 509,800 yuan.The tenancy agreements will last until May 5, 2031.

$HKG:2219

Asia3d ago

ASX Midday Sector Update: Materials Stocks Advance, Energy Sector Struggles

Materials stocks advanced over 3% at midday Thursday.BHP Group (ASX:BHP) gained more than 3% in recent trade.On the flip side, the energy sector struggled, shedding nearly 3%.Woodside Energy Group (ASX:WDS) shares fell 4% in recent trade.

$^AXJO$ASX:BHP$ASX:WDS

Asia3d ago

Shenzhen Investment Unit to Settle Part of Shareholder Loan via Property Transfer

Shenzhen Investment's (HKG:0604) non-wholly owned subsidiary agreed to transfer office properties worth about 30.4 million yuan to offset part of its shareholder loan owed to controlling shareholder Shum Yip Group, according to a Wednesday Hong Kong bourse filing.Shares of the property developer rose nearly 1% in Thursday morning trade.The unit, Shenye Wansheng, will transfer 57 office units in Zhongshan to Zhongshan Wanye under the debt offset arrangement.Shum Yip Group indirectly holds about 63.2% of Shenzhen Investment, the filing said.Shenzhen Investment said the arrangement is expected to generate a gross profit of about 2.3 million yuan and reduce Shenye Wansheng's shareholder debt burden.

$HKG:0604

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