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Marksans Pharma Board to Consider Dividend for Fiscal 2026

Marksans Pharma (NSE:MARKSANS, BOM:524404) said its board of directors will meet on May 26 to consider the declaration of dividend for the financial year 2025-26, according to a filing with the Indian bourses on Tuesday.

BOM:524404NSE:MARKSANS

Asia54d ago

KNR Constructions Arm Signs Concession Agreement for Telangana Road Project in India

KNR Constructions (NSE:KNRCON, BOM:532942) subsidiary KNR Manyamkonda Infra signed a concession agreement with the National Highways Authority of India for a highway project in Telangana, India.The project involves four-laning of an 80.01-kilometer stretch of NH-167 from Gudebellur to Mahabubnagar under the hybrid annuity mode, the Tuesday filing said.The agreement was signed Monday.

BOM:532942NSE:KNRCON

Asia54d ago

Vishnu Chemicals Resumes Operations at Parwada Plant

Vishnu Chemicals (NSE:VISHNU, BOM:516072) resumed full operations at its Parwada plant in Visakhapatnam, Andhra Pradesh, according to a Tuesday filing.The plant was temporarily shut for maintenance activities, the filing said.

BOM:516072NSE:VISHNU

Asia54d ago

Ingdan's Q1 Revenue Surges 126%

Ingdan's (HKG:0400) revenue for the first quarter of 2026 soared 126% to roughly 6.03 billion yuan from 2.67 billion a year prior, according to a Tuesday Hong Kong bourse filingThe rise in revenue was driven by strong demand across AI computing, memory, and robotics.The tech firm's profit from operations jumped 51% in the three months to approximately 207.5 million yuan.

HKG:0400

Asia54d ago

Man Sang International's Chief Executive Steps Down

Man Sang International (HKG:0938) Chief Executive Tam Ka Yu resigned Tuesday due to other business commitments.The real estate developer will make further announcements when a new CEO is appointed, according to a same-day Hong Kong bourse filing.

HKG:0938

Asia54d ago

Agricultural Bank of China Sells 35 Billion Yuan Bonds

Agricultural Bank of China (SHA:601288, HKG:1288) completed the issue of 35 billion yuan of bonds divided into two tranches on Tuesday, according to a same-day Hong Kong bourse filing.The first tranche comprises 33 billion yuan of 10-year bonds with an interest rate of 1.97%, while the second tranche of 2 billion yuan bonds has an interest rate of 2.27% and will fall due in 15 years.The Chinese lender will use proceeds to boost its tier 2 capital.

HKG:1288SHA:601288

Asia54d ago

Chia Tai Enterprises' Profit Slides in Q1

Chia Tai Enterprises International (HKG:3839) recorded an attributable profit of $5.6 million in the first quarter, down from $7.7 million a year prior.Revenue slipped to $99 million from $165 million in the year-ago period, according to a Tuesday Hong Kong bourse filing from the biotech and investment business.

HKG:3839

Asia54d ago

Fractal Analytics' Consolidated Net Profit Jumps in Fiscal Q4

Fractal Analytics' (NSE:, BOM:544700) consolidated attributable net profit to owners of the parent more than doubled to 1.18 billion Indian rupees in the fiscal fourth quarter from 548 million rupees a year ago.Earnings per share for the quarter ended March 31 jumped to 6.73 rupees from 3.26 rupees a year earlier, according to a Tuesday filing to the Indian stock exchanges by the artificial intelligence and data analytics company.Revenue from operations of the company increased year on year to 8.86 billion rupees from 7.58 billion rupees.

BOM:544700NSE:FRACTAL

Asia54d ago

China Healthwise Unit Sells Shares in Huanxi Media

China Healthwise (HKG:0348) unit Future Empire disposed of nearly 3.4 million shares in Huanxi Media Group (HKG:1003) for around HK$853,000 or HK$0.255 apiece, according to a Tuesday Hong Kong bourse filingThe health products retailer carried out the disposal through multiple transactions on the Hong Kong bourse on Tuesday.The firm intends to use proceeds as general working capital.

HKG:0348

Asia54d ago

SMBC Nikko Downgrades Tokyo Base to Neutral from Outperform; Price Target is 450 Yen

TYO:3415

Asia54d ago

Citi Downgrades Denso to Neutral from Buy; Price Target is 1,900 Yen

Denso (TYO:6902) has an average rating of overweight and mean price target of 2,221.18 yen, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

TYO:6902

Asia54d ago

Elara Securities Downgrades UPL to Accumulate from Buy; Price Target is INR783

UPL (NSE:UPL, BOM:512070) has an average rating of overweight and mean price target of 827.81 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

BOM:512070NSE:UPL

Asia54d ago

Taiwan Kong King's Post-Tax Profit Plunges 82%

Taiwan Kong King (TPE:3093) recorded a post-tax profit of NT$11.4 million, down 82% from a year prior.The specialized agent for electronics-related manufacturers' turnover for the three months stood at NT$267.6 million, according to a Tuesday Hong Kong bourse filing by parent Wong's Kong King International (HKG:0532).

HKG:0532TPE:3093

Asia54d ago

Market Chatter: Investors Cautious About Underpinning Hopes on Trump-Xi Summit

Investors in China are betting on the meeting between Presidents Xi Jinping and Donald Trump to sustain relaxed relations helping prop up stocks and the renminbi, Bloomberg reported Monday.Watchers are no longer focusing on a big reset in U.S.-China relations but are now looking at whether Xi and Trump could avoid butting heads on trade, technology, and geopolitics, the report said."Tariffs and trade tensions have taken a backseat on investors' minds for now, given the supply risk to energy and petrochemicals," Bloomberg quoted JPMorgan Asset Management Chief Market Strategist Tai Hui as saying.While experts are not anticipating major policies from the meeting, fringe deals such as Chinese purchases of U.S. soybeans or aircraft could happen, the report 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

Elara Securities Downgrades Multi Commodity Exchange of India to Accumulate from Buy; Price Target is INR3,409

Multi Commodity Exchange of India (NSE:MCX, BOM:534091) has an average rating of buy and mean price target of 3,163.33 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

BOM:534091NSE:MCX

Asia54d ago

Elara Securities Downgrades JSW Energy to Accumulate from Buy; Price Target is INR602

JSW Energy (BOM:533148, NSE:JSWENERGY) has an average rating of overweight and mean price target of 573 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

BOM:533148NSE:JSWENERGY

Asia54d ago

Novartis India's Net Profit Declines in Fiscal Q4; Shares Jump 6% After Market

Novartis India (NSE:NOVARTIND, BOM:500672) said its net profit fell to 252.5 million Indian rupees in the fiscal fourth quarter from 293.0 million rupees a year ago, according to a filing to the stock exchanges on Tuesday.Earnings per share for the quarter ended March 31 slipped to 10.23 rupees from 11.87 rupees a year earlier.Revenue from operations of the pharmaceutical company increased year on year to 905.5 million rupees from 838.8 million rupees, the filing said.Shares of the company jumped over 6% in after-market hours.

BOM:500672NSE:NOVARTIND

Asia54d ago

Elara Securities Upgrades Birla to Buy from Accumulate; Price Target is INR1,328

Birla (NSE:BIRLACORPN, BOM:500335) has an average rating of overweight and mean price target of 1,285.62 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

BOM:500335NSE:BIRLACORPN

Asia54d ago

Huachuang Securities Downgrades Wuhan Keqian Biology to Add from Strong Buy; Price Target is 17.60 Yuan

SHA:688526

Asia54d ago

Ciptadana Sekuritas Downgrades Kalbe Farma to Hold from Buy; Price Target is IDR1,000

Kalbe Farma (IDX:KLBF) has an average rating of buy and mean price target of 1,440.42 rupiah, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

IDX:KLBF

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