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Wuxi Unicomp Technology to Buy Entire Stake in Semiconductor Testing Company

Wuxi Unicomp Technology (SHA:688531) will acquire the entire stake in Shanghai Philai Testing Technology for 935.9 million yuan from 11 shareholders, according to a Tuesday filing with the Shanghai bourse.Unicomp will buy the stake in the semiconductor testing equipment company using a combination of stock issuances, convertible bond issuances, and cash, the filing said.The listed X-ray technology and intelligent detection equipment company also plans to raise up to 306.4 million yuan through a private placement to fund the cash payments and to construct a research and development facility in Shanghai, the filing said.Shares in the equipment company fell 2% during afternoon trading on Tuesday.

SHA:688531

Asia14h ago

China Accepts Anke Biotech's Clinical Trial Application for Tumor Drug

Anhui Anke Biotechnology (Group) (SHE:300009) has won approval from China's National Medical Products Administration (NMPA) to carry out clinical trials for its AK2405 drug for injection, according to a Monday filing with the Shenzhen bourse.The injection is a HER2-targeting antibody-drug conjugate (ADC), which has an antibody component that specifically binds to the target antigen on the surface of tumor cells.The product is classified under Registration Category 1 for therapeutic biological products and is used to treat advanced malignant solid tumors.The company said preclinical studies showed high specificity and anti-tumor activity.

SHE:300009

Asia14h ago

PetroChina Halts Delivery of Petro Matad's Mongolian Oil Production

PetroChina (HKG:0857, SHA:601857) advised Mongolian oil company Petro Matad to cease delivery of Block XX production, saying internal discussions at its head office remain unresolved and its storage tanks in Block XIX are near capacity.PetroChina's Mongolia subsidiary said it cannot process Petro Matad's invoices until those discussions conclude, according to a Tuesday news release by Petro Matad.With Chinese national day holidays approaching and oil imports from Mongolia suspended, Petro Matad has shut down its Heron-1 and Gazelle-1 wells.

HKG:0857SHA:601857

Asia14h ago

Greenland Holdings Overdue Debt Rises to 33.7 Billion Yuan; Shares Down 3%

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, mostly from construction, real estate and financial counterparties, according to a Monday aftermarket filing with the Shanghai bourse.Shares of the company were down 3% in recent trade.

SHA:600606

Asia14h ago

WuXi AppTec to Process Late Conversions for 2027 Bonds

WuXi AppTec (HKG:2359, SHA:603259) said it will process late conversion requests from certain holders of its 6.78 billion yuan U.S.-dollar-settled zero-coupon convertible bonds due 2027.The requests came after the previously disclosed deadline for exercising conversion rights, but the company will use its best efforts to accept them and issue the underlying H shares, according to a Hong Kong bourse filing by the company.

HKG:2359SHA:603259

Asia14h ago

Pengana International Equities Receives Buy-Back Elections for 152.4 Million Shares

Pengana International Equities (ASX:PIA) said valid buy-back elections had been received for 152.4 million ordinary shares, representing about 59.08% of shares eligible to be purchased under the buy-back, as of Sept. 21, according to a Tuesday Australian bourse filing.The company said the calculation date for the buy-back price is Sept. 25, with cancellation of accepted shares on the register scheduled for Sept. 29, and payment of the buy-back price expected between Oct. 6 and Oct. 9.The company's shares rose 2% on market close.

ASX:PIA

Asia14h ago

Australian Shares Up; Bellevue Gold Logs Earnings in Fiscal 2026, Revenue Up

Australian shares closed higher on Tuesday, tracking gains on Wall Street.The S&P/ASX 200 Index gained 0.3%, or 25.90 points, to close at 8,757.80.Overnight on Wall Street, the S&P 500, the Nasdaq Composite, and the Dow Jones Industrial Average rallied 1.5%, 2.3%, and 0.7%, respectively.Brent crude oil futures traded around $100 per barrel after briefly falling lower. US President Donald Trump said he ⁠would be open to meeting Iranian President Masoud Pezeshkian, who is expected to travel to New York for the UN General Assembly.On the domestic front, the ANZ-Roy Morgan Australian consumer confidence fell 1.9 points to 72 in the week of Sept. 14 to 20. Australian consumer confidence remains near recent lows as renewed Middle East tensions and surging fuel prices weigh on economic outlooks and keep inflation expectations elevated.Australian household spending was up 0.1% in August, suggesting signs of cutting back, according to the CommBank Household Spending Insights. Data indicates a broad-based slowdown in spending compared to growth rates observed in 2025 and early this year.In company news, Bellevue Gold (ASX:BGL) logged AU$0.0047 in earnings per share for fiscal 2026, compared with a loss of AU$0.035 a year ago. For the 12 months ended June 30, revenue was AU$576.3 million versus AU$505.8 million previously.Capstone Copper (ASX:CSC) agreed to sell its Cozamin copper-silver-zinc-lead mine in Zacatecas, Mexico to Luca Mining in a deal valued at up to $385 million. The consideration comprises $275 million in upfront cash, $15 million in Luca shares, $35 million in deferred payments, and up to $60 million in contingent cash tied to annual average copper prices.Broken Hill Gold (ASX:BH6) has completed the strategic demerger of its North Queensland exploration assets to Manda Resources, comprising the Alice River gold project and St George gold-antimony projects.

ASX 200ASX:BGLASX:BH6ASX:CSC

Asia14h ago

HD Hyundai Heavy Industries Wins KRW336.2 Billion RORO Carriers Order

HD Hyundai Heavy Industries (KRX:329180) has secured construction orders from a Europe-based shipping company for two RORO carriers amounting to 336.2 billion won, according to a Tuesday filing with the Korea Exchange.The contract runs until Nov. 30, 2029, and represents 1.9% of the company's latest fiscal‑year sales.

KRX:329180

Asia14h ago

Shandong Hi-Speed Completes VNET Stake Sale

Shandong Hi-Speed (HKG:0412) completed the disposal of the remaining 70% stake in Nasdaq-listed VNET Group, according to a Tuesday Hong Kong bourse filing.The development came after Success Flow International Investment, one of the two Shandong Hi-Speed-owned sellers, received 70% of the transaction's total consideration.Choice Faith Group, the other seller, completed its portion of the transaction on Aug. 24.Shares of Shandong Hi-Speed rose nearly 1% in recent trade.

HKG:0412

Asia15h ago

Kincora Copper Provides Drilling Update at NSW Licenses

Kincora Copper (ASX:KCC) said it upgraded two large composite volcanic-intrusive complexes within the wider Nevertire Magmatic Complex at its Nevertire South licence, part of the Northern Junee-Narromine Belt project in New South Wales, according to a Tuesday Australian bourse filing.The company said both complexes are priorities for follow-up drilling, with four scout holes also drilled, identifying four potential new complexes at the southern strike of Nevertire South, supporting new province-scale potential across a prospective strike of more than 40 kilometers.Scout drilling has resumed at Nyngan, with five to eight planned holes across two targets currently underway, the filing added.The licenses are included within two earn-in and joint venture agreements with AngloGold Ashanti Australia, per the filing.

ASX:KCC

Asia15h ago

Geovis Technology Receives Over 4 Million Yuan Government Subsidy

Geovis Technology (SHA:688568) received a government revenue-related subsidy of 4.1 million yuan, according to a Tuesday filing with the Shanghai bourse.The aid is equivalent to 13.78% of its 2.94 billion yuan attributable profit in the most recent fiscal year, the filing said.

SHA:688568

Asia15h ago

Mount Everest Gold Plans Nearly HK$443 Million Raise via Subscription Offering; Shares Fall 3%

Mount Everest Gold Group (HKG:1815) will raise HK$442.7 million in net proceeds via a subscription share offering, according to a Tuesday bourse filing.The precious metals and jewelry trading firm will issue 277 million new shares at HK$1.60 apiece, reflecting a 16.84% discount to the stock's closing price on Monday. The proceeds are to be mainly used for the company's gold bar business. Following the transaction, Mount Everest Gold's total number of issued shares will jump to 1.69 billion, from 1.41 billion.The offering will dilute China Silver's stake in the company down to 29.57% from 35.37%, no longer making it a controlling shareholder. However, they will continue to remain as a top shareholder.Shares were last down 3% in recent trade.

HKG:1815

Asia15h ago

Country Heights Unit's Judicial Auction for Land Gets Cancelled

Country Heights (KLSE:CHHB) said the auction of a property owned by its subsidiary, Country Heights Commercial Development, was cancelled due to the absence of bidders, according to a Tuesday Bursa Malaysia filing.The 6.4‑acre freehold land parcel was to be auctioned on Sept. 21 at a reserve price of 55 million ringgit.The cancellation of the auction is not expected to have any immediate financial impact on the group as no sale of the property has taken place, the company said.

KLSE:CHHB

Asia15h ago

Vantone Neo Development Controlling Shareholder's Stake Slips to 16.9%; Shares Up 4%

Vantone Neo Development (SHA:600246) said combined holdings of controlling shareholder Jiahua Holdings and concert party Vantone Holdings fell to 16.89% from 17.94%, according to a Tuesday filing.The decline was due to Vantone Holdings' non‑trading transfer of 18.2 million shares and passive dilution after total share capital rose to 1.96 billion shares following a restricted share grant registration.Shares of the real estate developer rose 4% in recent trade.

SHA:600246

Asia15h ago

Seatrium Launches SG$200 Million Share Buyback Program; Shares Up 3%

Seatrium (SGX:5E2) is set to establish a new SG$200 million share buyback program, according to a Tuesday filing with the Singapore Exchange.The offshore marine and energy engineering solutions provider said the program will be funded by existing cash resources and will allow it to repurchase up to 2% of its total issued shares.Shares of the company were up over 3% in Tuesday trading.

SGX:5E2

Asia15h ago

PRG Faces Shareholder Intervention in Judicial Management Order

PRG (KLSE:PRG) said the High Court has set out directions for proceedings after shareholders filed a notice to intervene in its judicial management order application, according to a Tuesday Bursa Malaysia filing.The company, which has appointed interim judicial managers, received the intervention notice on Sept. 15 ahead of the judicial management order hearing fixed for Sept. 21.The court directed PRG to file its affidavit in reply by Oct. 12, while the intervening shareholders must file theirs by Oct. 26.

KLSE:PRG

Asia15h ago

TDM Plantation Production Rises in August

TDM (KLSE:TDM) reported an increase in its plantation production in August, with total fresh fruit bunches (FFB) output reaching 46,031.4 metric tonnes from 31,930.6 metric tonnes produced a year ago.FFB production comprised 35,806 tonnes from internal sources and 10,225.4 tonnes from external supply, according to a Tuesday Malaysian bourse filing.The group's crude palm oil production also increased to 9,093.1 tonnes in August from 8,697.5 tonnes a year ago, while palm kernel production rose to 2,089.6 tonnes in the reported month from 1,966.90 tonnes

KLSE:TDM

Asia15h ago

LG Electronics' Coolant Distribution Unit, LG Energy Solution's Battery Energy Storage System Receive NVIDIA DSXReady Seals for AI Factories

LG Electronics' (KRX:066570) coolant distribution unit (CDU) and and LG Energy Solution's (KRX:373220) battery energy storage system (BESS) have obtained NVIDIA DSXReady seals, according to separate releases on Tuesday.NVIDIA's DSXReady program covers products that meet specific design requirements for AI data centers, which it also refers to as AI factories.NVIDIA labeled LG Electronics' 2.6-megawatt CDU as a "large-scale" solution capable of managing significant thermal loads from large-scale AI server clusters.LG Energy Solution plans to accelerate growth in the North American ESS market, with a goal of securing more than 50 gigawatt-hour of lithium, iron and phosphate battery cell production capacity in 2026.Shares of LG Electronics rose nearly 6% in recent trade.

KRX:066570KRX:373220

Asia15h ago

Momentum Financial Completes PayCools Minority Stake Transaction; Shares Fall 2%

Momentum Financial Holdings (HKG:1152) has completed its 2% stake acquisition in cross-border payments firm PayCools Cayman, according to a Monday filing with the bourse.The company said it issued 92.1 million shares worth $3 million to PayCools, in exchange for 250,000 Series A+ Preferred Shares of the payments firm.Following the transaction, Momentum's total issued shares stood at 3.59 billion, up from 3.50 billion.Shares were last down 2% in afternoon trading on Tuesday.

HKG:1152

Asia15h ago

Sichuan Em Technology to Pay H1 Dividend

Sichuan Em Technology (SHA:601208) will pay a dividend of 0.10 yuan per share for the first half, according to a Tuesday filing with the Shenzhen bourse.The chemical materials maker will pay a total of 101 million yuan in dividends, payable Sept. 29 to shareholders on record as of Sept. 28.

SHA:601208

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