Financial News · Live Terminal

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NZX Midday Sector Update: Finance Advances, Distribution Services Decline

Finance shares gained the most on New Zealand's Exchange, rising over 4% by midday Wednesday.Westpac Banking (ASX:WBC, NZE:WBC) gained 5% in recent trade.The Reserve Bank of New Zealand on Wednesday said that New Zealand's four largest banks would maintain capital buffers even in a stress scenario where the unemployment rate peaks at 10.5%, gross domestic product declines by 6.5%, and house prices fall by 35%.Meanwhile, the distribution services sector shares fell past 3%.Vulcan Steel (NZE:VSL, ASX:VSL) was down 3% in recent trade.

$^NZ50$ASX:VSL$ASX:WBC$NZE:VSL$NZE:WBC

Asia4d ago

Shenwan Hongyuan Redeems 2.60 Billion Yuan Worth of Short-Term Bonds

Shenwan Hongyuan (SHE:000166, HKG:6806) fully redeemed short-term bonds worth 2.60 billion yuan, according to a Shenzhen bourse filing on Wednesday.The bonds, which were issued in 2025, had a coupon rate of 1.75% and a term of 243 days. They matured on April 29.

$HKG:6806$SHE:000166

Asia4d ago

Punjab National Bank's Consolidated Net Profit Rises in Fiscal Q4

Punjab National Bank's (NSE:PNB, BOM:532461) consolidated net profit rose to 55.9 billion Indian rupees in the fiscal fourth quarter ended March 31, from 49.9 billion rupees a year ago.Earnings per share came in at 4.83 rupees from 4.34 rupees a year earlier, according to a Tuesday filing to the Indian stock exchanges. The EPS was higher than the 4.02 rupees estimated by the analysts polled by Visible Alpha.Interest earned by the lender in fiscal Q4 also increased to 328.0 billion rupees from 325.2 billion rupees a year ago.The bank's board recommended a dividend of 3 rupees per equity share of face value of 2 rupees each for the financial year ended March 31.

$BOM:532461$NSE:PNB

Asia4d ago

Global Chinese Business Club Forecasts Q1 Profit to Surge

Global Chinese Business Club (HKG:1757) expects HK$8 million to HK$12 million in attributable profit for the first quarter of 2026, six to nine times higher than the HK$1.1 million recorded a year earlier, according to a Hong Kong bourse filing Tuesday.The foundation works firm's shares gained over 2% in morning trade Wednesday.The firm attributed the higher profit to a $432.1 million rise in construction revenue.The company's financial results are due by the end of June.

Financial News · Live Terminal

NZX Midday Sector Update: Finance Advances, Distribution Services Decline

Shenwan Hongyuan Redeems 2.60 Billion Yuan Worth of Short-Term Bonds

Punjab National Bank's Consolidated Net Profit Rises in Fiscal Q4

Global Chinese Business Club Forecasts Q1 Profit to Surge

Citychamp Watch Seeking HK$145 Million via Rights Offering; Shares Jump 16%

CWT International Unit Secures China Overseas Futures Broker Status; Shares Rise 7%

Hin Sang Explores HK$183 Million Sale of Hong Kong Properties; Shares Up 11%

NexGen Energy Posts Wider Q1 Loss; Shares Fall 3%

Cofoe Medical Technology Rises 1% in Hong Kong Trading Debut

Tianhai Automotive Electronics Seeks to Raise 2.15 Billion Yuan in Shenzhen IPO

New World Development Says No Agreement Reached on Hotel Asset Disposal

Market Chatter: Standard Chartered to Expand Wealth Management Team in Gulf Despite Ongoing Conflict

Simcere Pharmaceutical Receives Chinese Regulatory Approval to Begin Trials of Tumor Drug

Meitu Records 30% Rise in Paying Subscribers

Yidu Tech Unit Wins SG$2.3 Million Singapore Healthcare Project

Ribo Life Science Achieves Milestone in Boehringer Ingelheim Collaboration

RBNZ Press Conference: Unemployment Numbers in Line With What RBNZ Expected From a Financial Stability Perspective

Solstice Minerals Receives Government Co-Funded Drilling Grant for Western Australia Project; Shares Down 4%

Native Mineral Resources Secures Nearly AU$4 Million Convertible Funding; Shares Fall 4%

Aurizon Posts Higher Central Queensland Coal Network Volumes in 10 Months to April

NZX Midday Sector Update: Finance Advances, Distribution Services Decline

Shenwan Hongyuan Redeems 2.60 Billion Yuan Worth of Short-Term Bonds

Punjab National Bank's Consolidated Net Profit Rises in Fiscal Q4

Global Chinese Business Club Forecasts Q1 Profit to Surge

Citychamp Watch Seeking HK$145 Million via Rights Offering; Shares Jump 16%

CWT International Unit Secures China Overseas Futures Broker Status; Shares Rise 7%

Hin Sang Explores HK$183 Million Sale of Hong Kong Properties; Shares Up 11%

NexGen Energy Posts Wider Q1 Loss; Shares Fall 3%

Cofoe Medical Technology Rises 1% in Hong Kong Trading Debut

Tianhai Automotive Electronics Seeks to Raise 2.15 Billion Yuan in Shenzhen IPO

New World Development Says No Agreement Reached on Hotel Asset Disposal

Market Chatter: Standard Chartered to Expand Wealth Management Team in Gulf Despite Ongoing Conflict

Simcere Pharmaceutical Receives Chinese Regulatory Approval to Begin Trials of Tumor Drug

Meitu Records 30% Rise in Paying Subscribers

Yidu Tech Unit Wins SG$2.3 Million Singapore Healthcare Project

Ribo Life Science Achieves Milestone in Boehringer Ingelheim Collaboration

RBNZ Press Conference: Unemployment Numbers in Line With What RBNZ Expected From a Financial Stability Perspective

Solstice Minerals Receives Government Co-Funded Drilling Grant for Western Australia Project; Shares Down 4%

Native Mineral Resources Secures Nearly AU$4 Million Convertible Funding; Shares Fall 4%

Aurizon Posts Higher Central Queensland Coal Network Volumes in 10 Months to April