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Uber Begins South Korea Antitrust Review for Planned Delivery Hero Acquisition

Uber has begun a voluntary preliminary review with South Korea's antitrust regulator for its planned acquisition of all shares of Delivery Hero which would give it control of food-delivery platform Baemin, the Korea Fair Trade Commission said Tuesday.The tender offer is expected to close in November, subject to Uber securing at least 50% plus one share, while completion expected in the second half of 2027, after regulatory approvals.The regulator said the deal combines Uber's taxi-hailing platform with DH's food-delivery platform and will examine its impact on competition, competitors and users and merchants.

^KOSDAQ^KOSPI

Asia12h ago

HD Construction Equipment, Manitou Form Sales Partnership

HD Construction Equipment (KRX:267270), formerly HD Hyundai Construction Equipment, signed an agreement with Manitou for a mutual sales partnership in compact construction equipment, according to a Tuesday press release.Under the deal, HD Construction Equipment will source compact equipment from Manitou for global sales, while Manitou will add HD Construction Equipment's compact solutions to its Manitou and Gehl product lines.The partnership aims to expand the companies' compact equipment portfolios and enhance production, product quality and cost competitiveness, it said.

KRX:267270

Asia12h ago

Keda Industrial Subsidiary to Build Lithium-Ion Battery Materials Production Facility

Keda Industrial (SHA:600499) subsidiary Fujian Keda New Energy Technology will invest 4.5 billion yuan for the construction of a graphite anode materials production base, according to a Tuesday filing with the Shanghai bourse.The facility for lithium-ion batteries for energy storage will have a capacity of 500,000 tons per year, the filing said.Construction is seen to last 10 to 12 months beginning in October 2026.

SHA:600499

Asia12h ago

Update: Former Director Slaps Hang Yick With Summons Notice Over August EGM Proposals

(Updates to include the director's full name)Hang Yick Holdings (HKG:1894) has received a summons notice from former director Ngai Wa Ping for a hearing at the Hong Kong High Court on Nov. 5, according to a Monday filing with the bourse.Ngai filed the summons seeking to nullify resolutions passed at an Aug. 31 extraordinary general meeting.Hang Yick said it is consulting with its lawyers to protect its shareholders' interests.

HKG:1894

Asia12h ago

China Equities See Mixed Trade Ahead of Trump-Xi Summit, Slowing Robot IPO Approvals; Greenland Holdings Down 4%

Chinese shares were mixed on Tuesday as investors adopted a cautious stance ahead of the Trump-Xi summit and slowing approvals for initial public offerings of robot companies.The Shanghai Composite Index, the main gauge of Chinese stocks, ticked up 2.22 points at 3,952.13. The Shenzhen Component Index slid 6.29 points to 13,723.74.Investors are holding back on major positioning until they see whether the expiring trade truce will be extended and how Beijing and Washington will handle export controls, rare-earth supplies and artificial intelligence policy.Separately, China is hindering the progress of humanoid robot companies applying for initial public offerings due to retail-investor concerns. Market regulators have used informal "window guidance" to slow down the listings of such companies, effectively freezing them, although there is no formal ban.In company news, Greenland Holdings (SHA:600606) said its overdue debt rose to 33.7 billion yuan as of mid-September, with 715 million yuan added from Sept. 2 to Sept. 19. The real estate and infrastructure company also faced 1,110 new lawsuits totaling 3.92 billion yuan during the same period. Shares of the company closed 4% lower Tuesday.

Shanghai Composite^SZSE

Asia12h ago

Guangzhou R&F Properties Faces 1.9 Billion Yuan Enforcement Order

Guangzhou R&F Properties (HKG:2777) said it faces an enforcement order involving 1.85 billion yuan, according to a Monday Hong Kong bourse filing.The company also said it and Chairman Li Sze Lim have recently been subject to restrictions on high-level consumption.The restrictions have not had a significant adverse impact on daily operations or debt-repayment ability, the company said.Separately, a Chongqing court ordered a Guangzhou R&F subsidiary to repay 303.4 million yuan in principal, plus interest and related costs, in a contract dispute.Guangzhou R&F said it is seeking to raise funds through multiple channels to repay the debt and reach a settlement with holders.

HKG:2777

Asia12h ago

Sichuan Energy Investment Expands EPC Contract

Sichuan Energy Investment Development (HKG:1713) said its subsidiary Yiliangruiyuan Hydropower expanded an existing EPC contract with group companies Sichuan Energy Investment Development Construction and Sichuan Jianneng Electric Power Design by 400,000 yuan.The supplemental contract covers enhancement and reconstruction works for a 35kV temporary power connection at the Liuxi Power Station, increasing the total contract value to 8.22 million yuan from 7.82 million yuan, according to a Monday Hong Kong bourse filing.The additional works are due to be completed within 30 calendar days of signing the supplemental contract on Sept. 21.Shares of the power supply and services company fell nearly 2% in recent trade.

HKG:1713

Asia12h ago

Former Director Slaps Hang Yick With Summons Notice Over August EGM Proposals

Hang Yick Holdings (HKG:1894) has received a summons notice from a former director for a hearing at the Hong Kong High Court on Nov. 5, according to a Monday filing with the bourse.Ngai filed the summons seeking to nullify resolutions passed at an Aug. 31 extraordinary general meeting.Hang Yick said it is consulting with its lawyers to protect its shareholders' interests.

HKG:1894

Asia12h ago

Boston Dynamics Launches Robotics Metaplant Application Center in US

Boston Dynamics launched a new Robotics Metaplant Application Center (RMAC) at Hyundai Motor (KRX:005380)'s U.S. metaplant, according to a Monday statement.The center will serve as a testbed and training facility for integrating the company's Atlas humanoid robots into Hyundai Motor Group's automotive manufacturing operations, the company saidAtlas robots are being trained to prepare and sequence automotive parts before assembly, with applications expected to expand to component assembly by 2030. Boston Dynamics also plans to explore Atlas uses in manufacturing, aerospace, semiconductors, logistics, food and beverage, and life sciences.The company plans to deploy 25,000 Atlas robots at Hyundai Motor and Kia plants worldwide over the next few years and will build a U.S. facility capable of producing 30,000 robots annually. The RMAC's first phase is operational, with a new facility planned next year to expand the center about tenfold, Boston Dynamics said.

KRX:005380

Asia12h ago

Beijing Yanjing Brewery's Acting-in-Concert Party Raises Shareholding

Beijing Yanjing Brewery (SHE:000729) shareholder Beijing Yanjing Brewery Group will increase its shareholding by purchasing 4.6 million shares through centralized bidding on the Shenzhen bourse, according to a Tuesday stock exchange disclosure.The shareholder, acting in concert with controlling shareholder Beijing Yanjing Brewery Investment, purchased the stock for 50.3 million yuan, the filing said.Following the purchase, the shareholding of the controlling shareholder and the party acting in concert will rise to 59.43% from 59.27%.

SHE:000729

Asia13h ago

Eminence Capital Acquires Over 9% Stake in Canopy Skyfire

Eminence Capital Group (HKG:0770) has taken a 9.05% stake in Canopy Skyfire Group (HKG:8245) through a series of transactions, according to a Monday filing with the bourse.Canopy shares were last down 2% in afternoon trading on Tuesday.Eminence Capital Group paid HK$4.8 million for 26.2 million Canopy shares, which makes baby monitors and walkie‑talkies, via three open‑market purchases in 2025.Eminence added that it has implemented measures to maintain listing compliance after failing to disclose the purchases on time due to an internal control lapse.

HKG:0770HKG:8245

Asia13h ago

LG CNS, LG Electronics Sign KRW257.8 Billion Contract for Microsoft's Copilot

AI transformation company LG CNS (KRX:064400) has secured a contract for Copilot, Microsoft's enterprise AI, with LG Electronics (KRX:066570) amounting to 257.8 billion won, according to a Tuesday filing with the Korea Exchange.The contract will run from Nov. 1 to Oct. 31, 2031.Shares of LG CNS and LG Electronics rose 3% and 7%, respectively, in recent trade.

KRX:064400KRX:066570

Asia13h ago

Tianjin Capital Environmental Enters Engineering Services Contract

Tianjin Capital Environmental Protection (HKG:1065, SHA:600874) entered into a mutual engineering-related service provision agreement with Tianjin City Infrastructure Construction and Investment Group, a Monday bourse filing showed.Shares of the company were down 1% in Tuesday afternoon trading.The contract is valid from the date it becomes effective till Sept. 20, 2029.The services to be obtained by the company include recycled water pipeline works, heating and cooling supply projects, photovoltaic power generation and energy storage projects, and more.The company will provide similar services to Tianjin City Infrastructure Construction, as well as electrical and auxiliary works, road works, and landscape greening among other things.

HKG:1065SHA:600874

Asia13h ago

Guizhou Space Appliance Unit to Invest 94 Million Yuan in Capacity Expansion

Guizhou Space Appliance (SHE:002025) subsidiary Suzhou Huazhan Aerospace Electric Appliances will invest 94.4 million yuan to expand its high-speed module production capacity, according to a Tuesday filing with the Shenzhen Stock Exchange.The 24-month project involves adding 14 units of process equipment to build new high-speed module production lines and renovating 3,370 square meters of factory space.The expansion will add a production capacity of 30,000 high-speed module sets annually to meet growing demand from customers in sectors such as data centers and AI computing servers.

SHE:002025

Asia13h ago

Guizhou Space Appliance Appoints CFO

Guizhou Space Appliance (SHE:002025) appointed Zheng Xingchun as chief financial officer.Zheng recently served as chief accountant, chief compliance officer and general legal counsel of Guizhou Aerospace Fenghua Precision Equipment, according to a Tuesday filing with the Shenzhen bourse.Shares of the electronic components manufacturer were down 1% in recent trade.

SHE:002025

Asia13h ago

Sinomine Resource Begins Trial Production at Zambia Mine

Sinomine Resource Group Co. (SHE:002738) has begun trial production at its mining and mineral processing operations in Zambia, according to a Tuesday Shenzhen bourse filing.The Kitumba mine produced an initial output of copper concentrate. Management will decide whether to sell the product externally or retain it as raw material for smelting operations, the mining company said.Construction of the smelting facility is ongoing. Trial production could begin in the fourth quarter of 2026 and go online in the first quarter of 2027.Shares in the mining company rose 2% during afternoon trading on Tuesday.

SHE:002738

Asia13h ago

Keda Industrial to Invest 4.50 Billion Yuan to Build Graphite Anode Material Plant; Shares Down 10%

Keda Industrial (SHA:600499) plans to invest 4.50 billion yuan into the construction of an integrated graphite anode material production base, according to a Shanghai bourse filing on Tuesday.The production base will be located in Baotou City, Inner Mongolia and the construction period will run for 10 to 12 months. The plant will produce 500,000 tons of graphite anode per year.The Chinese ceramic machinery and building materials maker plans to sign a cooperation agreement with the local government of Tumed Right Banner to be able to buy land and obtain the resources needed for the project.The company's shares dropped 10% during the afternoon trade.

SHA:600499

Asia13h ago

Japan's Data Center Growth, Trends Hinge on AI Demand, Power Availability, Fitch Says

Fitch Ratings expects AI demand, electricity requirements and government intervention to determine capacity trends among Japan's data centers, according to a Monday release.Incumbents are best positioned to benefit, Fitch said, noting Tokyo's operational IT capacity grew 18% year‑on‑year in the first half versus just a 1% rise in planned capacity.Greater Tokyo's operational IT load could expand 2.4 times by 2030, underscoring its strategic role despite expansion bottlenecks. However, Fitch also expects regional diversification and a shift from traditional data‑center hubs amid rising power and land constraints.Meanwhile, projects with secured power allocations are most likely to proceed, highlighting power access as a key factor for timelines, site selection and viability.The rating agency expects policy to promote wider geographic distribution of digital infrastructure, acknowledge power availability as a growth constraint and impose stricter efficiency standards on larger facilities.

Nikkei 225

Asia13h ago

Siglent Technologies Launches New Products

Siglent Technologies (SHA:688112) launched the SDS6000B series high-resolution digital oscilloscopes and SAP160D and SAP200D high-bandwidth differential active probes, according to a Monday filing to the Shanghai Stock Exchange.The SDS6000B series features up to 4 GHz bandwidth, 12‑bit vertical resolution, and sampling rates of 20 GSa/s, with four analog and 16 digital channels.Whereas the SAP160D and SAP200D probes provide bandwidths of 16 GHz and 20 GHz, respectively, and are designed for high‑speed signal measurement, the company said.

SHA:688112

Asia13h ago

Atal Realtech Unit Becomes Partner in Infrastructure LLP; Shares Slip 6%

Atal Realtech (NSE:ATALREAL, BOM:543911) unit Atal Realty has become a partner in newly-incorporated limited liability partnership Arika Lifespaces.Shares of Atal Realtech were down over 6% in Tuesday afternoon trading.Of the total 500,000 Indian rupee contribution in Arika Lifespaces, Atal Realty contributed 150,000 rupees, representing a 30% stake.Arika Lifespaces has been incorporated on Sept. 19 to carry on the business of contractors, builders, infrastructure developers, estate developers, and other ancillary activities.

BOM:543911NSE:ATALREAL

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