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Chengtong Development's Leasing Arm Signs Solar Sale-Leaseback Deal With Huadian Unit; Shares Slip 4%

China Chengtong Development (HKG:0217) said its Chengtong Financial Leasing unit entered into a sale and leaseback arrangement with a unit of China Huadian, according to a Monday Hong Kong bourse filing.Shares of the property developer fell 4% in morning trade on Tuesday.Under the arrangement, Chengtong Financial Leasing will purchase certain photovoltaic equipment and related assets for 120 million yuan and lease them back for two years for about 124.6 million yuan.The transaction is expected to generate lease interest income of about 4.6 million yuan for the unit.

$HKG:0217

Asia26d ago

Beijing Kingsoft Forecasts Upto 473% Rise in Q1 Profit

Beijing Kingsoft Office Software (SHA:688111) said it expects 1.62 billion yuan to 1.90 billion yuan in attributable profit for the first quarter of 2026, up 402% to 473% year on year, according to a Hong Kong bourse filing by parent Kingsoft (HKG:3888) Monday.Shares of Kingsoft were up 6% in Hong Kong morning trade Tuesday.Beijing Kingsoft's first quarter revenue is expected to rise 20% to 28% year on year to 263.4 million yuan to 360.2 million yuan.Beijing Kingsoft attributed the rise to improvements across all three of its core businesses.

$HKG:3888$SHA:688111

Asia26d ago

CSSC Offshore & Marine Forecasts Up to 133% Profit Surge in Q1; Hong Kong Shares Up 6%

CSSC Offshore & Marine Engineering (HKG:0317, SHA:600685) expects first-quarter net attributable profit of 360 million yuan to 430 million yuan, representing a year-on-year increase of 95% to 133%, according to a Monday Hong Kong bourse filing.The Hong Kong-listed shares of the marine and defense equipment manufacturer were up nearly 6% in Tuesday morning trade.The company said the increase was driven by stronger order intake in the shipbuilding segment, improved product mix, and higher investment income from associated enterprises.

$HKG:0317$SHA:600685

Asia26d ago

Transtech Optelecom Science to Acquire Controlling Stake in Chinese Optical Fiber Manufacturer

Transtech Optelecom Science (HKG:9963) said it agreed to acquire a controlling stake in Chinese optical fiber manufacturer Futong Optoelectronics Technology (Hangzhou), according to a Hong Kong bourse filing Monday.Shares of the optical fiber cables maker gained 3% in morning trade Tuesday.Under the agreement, the firm will acquire 51% of Futong Optoelectronics via the issue of 78 million yuan worth of shares at HK$1.85 apiece.The 48.4 million shares to be issued represent 13.92% of the company's enlarged share capital.The company simultaneously entered a three-year sales agreement with Futong Optoelectronics to continue purchasing optical fibers with annual caps of 140 million yuan, 166 million yuan, and 169 million yuan until Dec. 31, 2028.

$HKG:9963

Asia26d ago

Vision Values to Raise HK$200 Million via Convertible Bonds; Shares Slip 5%

Vision Values (HKG:0862) plans to raise HK$200 million through subscriptions of convertible notes, according to a Monday Hong Kong bourse filing.Shares of the IT services company were down about 5% in Tuesday morning trade.The company entered into agreements with five subscribers to issue the 2026 convertible notes, with proceeds earmarked mainly for logistics expansion, including electric truck fleets, as well as gold exploration in Mongolia and working capital.Upon full conversion at an initial price of HK$0.042 per share, the notes could convert into about 5.19 billion new shares, representing about 132% of the company's existing issued share capital.Separately, Vision Values proposed a 10-for-1 share consolidation and a board lot change from 5,000 shares to 10,000 consolidated shares.

$HKG:0862

Asia26d ago

Critica Achieves 81% Magnet Rare Earth Recovery in Western Australia's Jupiter Pilot Plant, Shares Up 9%

Critica (ASX:CRI) said its pilot plant at the Jupiter rare earth project in Western Australia has achieved a magnet rare earth recovery of about 81%, showing strong recovery of key neodymium-praseodymium (NdPr) and heavy rare earth elements, according to a Tuesday Australian bourse filing.The company said pilot plant optimization has also delivered improved total rare earth oxide (TREO) recovery of about 71%, with expanded metallurgical programs underway, including optimization of mixed rare earth precipitate (MREP) production and testing of additional hydrometallurgical pathways.The company added that its scoping study remains on track.The company's shares rose 9% in recent Tuesday trade.

$ASX:CRI

Asia26d ago

XXF to Raise HK$151 Million via Share Placement, Top-Up Subscription; Shares Fall 8%

XXF (HKG:2473) plans to raise about HK$151 million in net proceeds through a share placing and top-up subscription, according to a Monday Hong Kong bourse filing.Shares of the automobile services company were down nearly 8% in Tuesday morning trade.An existing shareholder, Glorypearl Capital Resources, will place 154.7 million shares at HK$0.98 each to at least six investors on a best-efforts basis.The placing represents about 10% of the company's existing issued share capital.XXF will issue the same number of new shares to the seller under a top-up subscription at the same price.Net proceeds will be used for vehicle procurement to support its automobile retail and leasing businesses, as well as general working capital.

$HKG:2473

Asia26d ago

Meituan Grants Restricted Share Units

Meituan (HKG:3690) said it granted 79.3 million restricted share units to its employees and certain service providers, according to a Hong Kong bourse filing Monday.Shares of the Chinese food delivery firm were down over 1% in morning trade Tuesday.Of the total, around 79.2 million RSUs were granted to employee participants, while 142,654 RSUs granted to service providers.

$HKG:3690

Asia26d ago

Resolution Minerals Says Metallurgy Test Work on Idaho Project Sample Produces Intermediate Antimony Trioxide Product, Shares Up 6%

Resolution Minerals (ASX:RML) said metallurgy test work is progressing on antimony-bearing stibnite veins at the Antimony Ridge project in Idaho, and an intermediate antimony trioxide product was produced from large samples of stibnite by Kingston Process Metallurgy, according to a Tuesday Australian bourse filing.The product was made using the conventional pyrometallurgical process of volatilization, and it had a 99.38% antimony trioxide content by weight. Further refining pyrometallurgical test work is underway.Its shares jumped 6% in recent trading on Tuesday.

$ASX:RML

Asia26d ago

Market Chatter: Geely Automobile Says New Hybrid System to Beat Japanese Car Efficiency

Chinese auto manufacturer Geely Automobile (HKG:0175) on Monday unveiled an artificial intelligence-based hybrid gas-electric vehicle platform that it said could surpass the fuel efficiency offered by Japanese cars, according to media reports.The so-called i-HEV system, which uses AI to analyze real-time environmental conditions to boost energy efficiency, consumed 2.22 liters ⁠per 100 kilometers in a highway test, Reuters reported."It will comprehensively surpass the hybrid technology from the Japanese," Geely Group spokesman Victor Yang was quoted as saying by Bloomberg.(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:0175

Asia26d ago

Infroneer Denies Media Report On Swing Acquisition Talks

Infroneer (TYO:5076) said a media report claiming it had decided to acquire waterworks operator Swing for over 90 billion yen was not based on a company announcement, according to a Tuesday filing on the Tokyo Stock Exchange.The company said it is currently in discussions regarding the matter and plans to submit it to a board of directors meeting held the same day.A report had said Infroneer plans to buy stakes in Swing from Mitsubishi Corporation (TYO:8058), Ebara Corporation (TYO:6361) and JGC Holdings (TYO:1963) in a deal exceeding 90 billion yen.Swing, which designs, builds and operates water treatment plants, generated about 82.9 billion yen in revenue in the year ended March 2025 and operates more than 300 sites.

$TYO:1963$TYO:5076$TYO:6361$TYO:8058

Asia26d ago

ASX Midday Sector Update: Information Technology Stocks Gain, Energy Declines

Information technology stocks were advancing over 4% to lead gainers in midday trading Tuesday, as markets remained hopeful for an eventual peace agreement between the US and Iran even as a naval blockade of the Strait of Hormuz took effect.WiseTech Global (ASX:WTC) and Xero (ASX:XRO), the two biggest stocks in the sector based on market capitalization, rose past 6% and over 5%, respectively.On the flip side, energy stocks were declining less than 1% as oil prices again tracked below $100 per barrel.Elixir Energy (ASX:EXR) bucked the trend and was advancing more than 16% after Euroz Hartleys said in a Monday note that the company is a key pick to tap the potential of the Taroom Trough, an emerging onshore oil and gas basin in Queensland that is gaining mainstream attention.

$^AXJO$ASX:EXR$ASX:WTC$ASX:XRO

Asia26d ago

Wai Chun Eyes Creator Economy Venture With Xavvi US; Shares Surge 209%

Wai Chun (HKG:1013) said it entered into a cooperation agreement with Xavvi U.S. to establish a platform company targeting the global creator economy, according to a Monday Hong Kong bourse filing.Shares of the firm were up more than 209% in Tuesday morning trade.Wai Chun will hold a 60% stake in the platform entity, with Xavvi U.S. holding the remaining 40% and being responsible for operations, business development, and management.The platform will focus on monetising influencer traffic across platforms such as TikTok, Instagram, and YouTube, leveraging a network of nearly 100 content creators.

$HKG:1013

Asia26d ago

Golden Horse Minerals Intersects High-Grade Gold at Western Australia Prospect

Golden Horse Minerals (ASX:GHM) intersected high-grade gold mineralization within a shear zone at Hopes Hill South at the Hopes Hill prospect in Western Australia, according to a Tuesday Australian bourse filing.It encountered an intercept of seven meters at 13.02 grams per tonne grade of gold from 13 meters downhole, confirming the presence of a mineralized shear zone below historic shallow workings.It also hit intercepts of 11 meters at 2.2 g/t grade of gold from 144 meters, as well as six meters at 3.6 g/t grade of gold from 107 meters during ongoing drilling across Hopes Hill North and Hopes Hill Main.Its shares rose 1% in recent trading on Tuesday.

$ASX:GHM

Asia26d ago

Market Chatter: CATL Mulls Up to $5 Billion Share Placement in Hong Kong; Shares Down 6%

Contemporary Amperex Technology (SHE:300750, HKG:3750), or CATL, is mulling a share placement to raise up to $5 billion in Hong Kong, Bloomberg News reported Monday, citing people familiar with the matter.CATL's Hong Kong shares slumped over 6% and Shenzhen shares fell over 2% during Tuesday's morning trade.Preliminary negotiations for the placement were already held with banks as the Chinese battery maker seeks to supplement some of its funding needs through a convertible bond sale, the report said.CATL, which posted a better-than-expected profit a year earlier, saw its shares soar by around 160% since it listed on the Hong Kong bourse in May 2025, the report said.The company is yet to respond to' request for comment.(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.)

$HKG:3750$SHE:300750

Asia26d ago

South Korean Won Gains Against US Dollar Amid Renewed Hopes of US-Iran Talks

The South Korean won strengthened against the U.S. dollar on Tuesday amid expectations of a second round of talks between Washington and Tehran before the agreed US-Iran ceasefire expires next week.The won opened at 1,478.8 per dollar, gaining 10.5 won from the previous close, according to a Monday Yonhap News report.The talks are expected to take place after the U.S. imposed a naval blockade on Iranian ports from 10 a.m. ET Monday, with US President Donald Trump warning Iranian vessels against approaching the blockade and saying other countries may assist in the same, but failed to mention which countries.

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Asia26d ago

Viking Mines To Evaluate Historical Ore Stockpiles, Tailings Dam at Nevada Tungsten Project, Shares Rise 3%

Viking Mines (ASX:VKA) began a field operations campaign at the Linka tungsten project in Nevada, seeking to quantify the historical ore stockpiles and tailings dam as well as prepare the project for subsurface exploration, according to a Tuesday Australian bourse filing.The work includes grid-sampling the historical tailings dam, collecting around 52 samples to determine both the tungsten oxide grade and tailings dam thickness. It is also sampling the historical stockpiles to confirm grade consistency.Its shares were up 3% in recent trading on Tuesday.

$ASX:VKA

Asia26d ago

China's Q1 Yuan Loans Rise by 8.6 Trillion Yuan

China's yuan-denominated loans rose 8.6 trillion yuan in the first quarter, according to data from the People's Bank of China.Household loans rose by 296.7 billion yuan, loans to enterprises and institutions increased by 8.6 trillion yuan and loans to non-bank financial institutions decreased by 368 billion yuan.At the end of March, domestic and foreign currency yuan loans rose 5.7% year on year to 284.5 trillion yuan.

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Asia26d ago

New Universe Environmental Unit Ordered to Pay Unpaid Dividends After Appeal

New Universe Environmental (HKG:0436) said a court ordered its subsidiary to pay unpaid dividends following an appeal, according to a Monday Hong Kong bourse filing.The High Court ordered New Universe Environmental Technologies (Jiangsu) to pay over HK$25 million to each of two plaintiffs within 10 days after the judgments take effect. It revoked earlier rulings by a lower court.The case stems from legal proceedings initiated in 2022, when two plaintiffs alleged the subsidiary owed accrued and unpaid dividends and sought claims against both the unit and the company's ultimate controlling shareholder.All other claims by the plaintiffs were dismissed, the filing said.

$HKG:0436

Asia26d ago

Market Chatter: HSBC Holdings Bond Banker to Leave Lender for Rival

A senior HSBC Holdings (HKG:0005) official overseeing part of the bank's bond business is leaving the firm for rival Bank of America, marking the second such departure in recent days, Bloomberg reported Monday, citing people familiar with the matter.Khaled Darwish, HSBC's head of debt capital markets for Central and Eastern Europe, the Middle East and Africa, is leaving the role for a position as head of Bank of America's Middle East and North Africa corporate banking in Dubai, the people told the news agency.Darwish's departure follows the exit of Nour Safa, who oversaw HSBC's debt capital markets for the Middle East and North Africa. Safa is reportedly joining Goldman Sachs Group.(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:0005

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