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Guangdong-HKGBA Changes Name to Greater Bay Area AI Computing Tech

Guangdong - Hong Kong Greater Bay Area Holdings changed its English name to Greater Bay Area AI Computing Tech (HKG:1396), alongside a change in its Chinese name.The move has received the relevant regulatory and shareholder approvals, according to a Friday filing with the Hong Kong bourse.The company's English stock short name will be changed to GBA AI COMP from GD-HKGBA HLDGS effective 9 am on May 22.

HKG:1396

Asia54d ago

Shijiazhuang Yiling Pharmaceutical Gets China Approval for Influenza Tablets

China's drug regulator approved the marketing application for oseltamivir phosphate produced by Shijiazhuang Yiling Pharmaceutical (SHE:002603) subsidiary Wanyang Hengshui Pharmaceutical, according to a Friday stock disclosure in Shenzhen.The drug helps treat influenza A and B.

SHE:002603

Asia54d ago

JX Energy Narrows Loss by 85% in Q1

JX Energy (HKG:3395) recorded a loss of CA$523,332 in the first quarter, 85% narrower than CA$3.6 million a year prior.Revenue jumped to CA$2.9 million from CA$2.7 million in the year-ago period, according to a Friday filing with the Hong Kong bourse by the Canadian oil and gas company.

HKG:3395

Asia54d ago

Aeolus Tyre to Invest in Capacity Expansion Project in Egypt

Chinese tiremaker Aeolus Tyre (SHA:600469) will invest 2.68 billion yuan in a capacity expansion project in Egypt.Fengshen Tire Egypt Capacity Expansion and Efficiency Improvement Project is still subject to certain conditions such as approvals from relevant authorities, according to a Friday filing with the Shanghai bourse.

SHA:600469

Asia54d ago

Bank of Communications Sells 50 Billion Yuan Bonds

Bank of Communications (HKG:3328, SHA:601328) completed the issue of 50 billion yuan of fixed-rate bonds on Friday, according to a same-day filing with the Hong Kong bourse.The bonds carry a coupon rate of 1.75% and will fall due in four years.The lender will have a conditional redemption right at the end of the third year.The bank will use proceeds to improve its total loss-absorbing capacity.

HKG:3328SHA:601328

Asia54d ago

China Wantian Proposes Name Change

China Wantian (HKG:1854) is proposing to change its English name to China Onetech Holdings Limited, according to a Friday filing with the Hong Kong bourse.The food supplier believes the new name will better reflect its long-term vision and values and align with its strategic directions.The name change is subject to shareholder and regulatory approvals.

HKG:1854

Asia54d ago

Axis Capital Starts Pine Labs at Buy with INR250 Price Target

BOM:544606NSE:PINELABS

Asia54d ago

Bualuang Securities Downgrades Star Petroleum Refining to Hold From Buy; Price Target is THB6.70

BKK:SPRC

Asia54d ago

Beijing JCZ Technology to Buy 55% Stake in Optoelectronic Control Products Maker

Beijing JCZ Technology (SHA:688291) will purchase a 55% stake in Changchun Summit Optoelectronic Technology for about 178.8 million yuan.The target company, which produces precision optoelectronic control products, was valued at 325.3 million yuan under the deal, according to a Friday filing with the Shanghai bourse.

SHA:688291

Asia54d ago

Avendus Spark Downgrades Muthoot Finance to Sell from Buy; Price Target is INR3,057

BOM:533398NSE:MUTHOOTFIN

Asia54d ago

Avendus Spark Downgrades Inventurus Knowledge Solutions to Add from Buy; Price Target is INR1,800

BOM:544309NSE:IKS

Asia54d ago

Fiem Industries Board to Consider Final Dividend for Fiscal 2026

Fiem Industries (NSE:FIEMIND, BOM:532768) said its board of directors will meet on May 25 to consider the declaration of a final dividend for the financial year ended March 31, according to a filing with the Indian bourses on Friday.

BOM:532768NSE:FIEMIND

Asia54d ago

Emrock Acquires Majority Stake in Emrock Energy

Emrock Corp. (BOM:531676) acquired a 50.49% stake in Emrock Energy Pvt. Ltd. through subscription to equity shares under a preferential allotment/private placement, according to a Friday filing on BSE.Following the transaction, Emrock Energy has become a subsidiary of the company, the filing said.Emrock Energy operates in the renewable energy and waste-to-energy segment, including solar power and biomass-based energy projects, it added.

BOM:531676

Asia54d ago

Market Chatter: China Steel Mill Profitability Rises to Highest Since August

Chinese steel mill profitability hit its highest level since August 2025, but whether the development could last remains a question, Bloomberg News reported Friday, citing data from consultancy Mysteel.In a weekly survey of 247 plants, about 64% of them are profitable, thanks to solid downstream competition and stronger exports, the report said.This is the second time the levels have exceeded since October 2024, the news agency reported.The improvement, however, could be short-lived because it was not driven by "genuinely booming demand" but by supply-demand mismatch and domestic-overseas price gap, MySteel analyst Steven Yu reportedly said.(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.)

Shanghai Composite^SZSE

Asia54d ago

Bank of China Sells 30 Billion Yuan Bonds

Bank of China (SHA:601988, HKG:3988) completed Friday the issue of 30 billion yuan undated capital bonds to replenish its additional tier 1 capital.The bonds carry a coupon rate of 1.95% during the first five years, following which they will be reset every five years and can be redeemed on every distribution payment date, according to a filing with the Hong Kong bourse.

HKG:3988SHA:601988

Asia54d ago

Gland Pharma's Consolidated Attributable Profit Almost Doubles in Fiscal Q4

Gland Pharma's (NSE:GLAND, BOM:543245) attributable consolidated profit almost doubled to 3.67 billion Indian rupees in the fiscal fourth quarter from 1.87 billion rupees a year ago.Earnings per share jumped to 22.23 rupees from 11.32 rupees over the period, according to a Friday filing to the Indian stock exchanges by the pharmaceutical company.Revenue from operations during the quarter also increased to 17.43 billion rupees from 14.25 billion rupees a year earlier.The company's board recommended a final dividend of 20 rupees per share for the financial year ended March 31.

BOM:543245NSE:GLAND

Asia54d ago

Hindustan Copper's Consolidated Profit Jumps in Fiscal Q4; Shares Down 6% After Market

Hindustan Copper (NSE:HINDCOPPER, BOM:513599) posted consolidated attributable profit of 4.44 billion Indian rupees in the fiscal fourth quarter, compared with 1.89 billion rupees a year ago, according to a Friday filing to the Indian stock exchanges.Shares of the copper manufacturer were down 6% in after-market hours.Earnings per share in the quarter ended March 31 climbed to 4.59 rupees from 1.94 rupees a year earlier.Revenue from operations in the quarter ended March increased to 11.56 billion rupees from 7.31 billion rupees a year ago.The company's board declared a final dividend of 1.86 rupees per share for the fiscal year ended March 31.

BOM:513599NSE:HINDCOPPER

Asia54d ago

ITC Hotels' Consolidated Profit Rises in Fiscal Q4

ITC Hotels (NSE:ITCHOTELS, BOM:544325) saw a rise in its consolidated attributable profit to 3.16 billion Indian rupees in the fiscal fourth quarter ended March 31, against 2.35 billion rupees a year ago.Earnings per share climbed to 1.52 rupees compared with the year-ago figure of 1.23 rupees, according to a Friday filing to the Indian stock exchanges by the hospitality company.Revenue from operations in fiscal Q4 increased to 12.5 billion rupees from 10.6 billion rupees a year earlier.The company's board declared a final dividend of 1 rupee per share for the fiscal year ended March 31.

BOM:544325NSE:ITCHOTELS

Asia54d ago

Ainnovation Technology Plans HK$100 Million Share Buyback

Ainnovation Technology (HKG:2121) is planning to buy back HK$100 million of the AI company's shares from the open market, according to a Friday Hong Kong bourse filing.The shares, which will be repurchased from time to time, will be cancelled or held as treasury shares.

HKG:2121

Asia54d ago

China Southern Airlines' Passenger Capacity Climbs 3.7% in April

China Southern Airlines (SHA:600029, HKG:1055) passenger capacity jumped 3.7% year over year to 30.8 billion available seat kilometers in April, according to a Friday filing with the Hong Kong bourse.Passenger count slipped 0.6% to 13.5 million in the month.Cargo capacity increased 1.4% to 4.32 billion available ton-kilometers, the airline said in its filing.Cargo and mail carried edged up 1.6% to 160,060 tons.

HKG:1055SHA:600029

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