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China Financial Services Unit Grants 19 Million Yuan Loan

China Financial Services Holdings (HKG:0605) unit Shenzhen Credit Gain Finance agreed to extend a 19 million yuan loan to independent third party Wu Pei Yi.The loan carries an interest rate of 15.6% per annum and will fall due in one year from drawdown, a Friday Hong Kong bourse filing showed.A first legal charge mortgage related to a 26.5 million yuan residential property in Shenzhen was pledged as security against the loan.

HKG:0605

Asia6d ago

CN Logistics International Unit Leases Florida Office, Warehouse Space

CN Logistics International (HKG:2130) said its wholly owned subsidiary Allport Cruise Services agreed to lease about 98,407 square feet of office and warehouse space in Opa-locka, Florida.The lease with Foundry Meek II runs for 124 months, starting Dec. 1, with a monthly base rent of about $132,000 in the first year, according to a Friday Hong Kong bourse filing.The rent will increase annually to about $196,000 per month over the lease term. The group expects to recognize a right-of-use asset of about $16.4 million under the lease.

HKG:2130

Asia6d ago

Breton Technology Raises HK$159 Million from Share Placement

Breton Technology (HKG:1333) completed the placing of 16.6 million new Hong Kong-listed shares to raise net proceeds of HK$159.1 million.The shares were issued to at least six investors at HK$10.28 apiece, a Friday Hong Kong bourse filing by the electric engineering machinery maker showed.The shares represent roughly 4.42% and 4.07% of the company's enlarged issued Hong Kong-listed shares and total issued share capital, respectively.The company plans to use proceeds for the investment and development of phase I of the Ruashi Project, technology upgrade of autonomous driving mining trucks, and working capital.

HKG:1333

Asia6d ago

CR Construction Unit Wins HK$1.5 Billion Hong Kong Housing Contract

CR Construction Group (HKG:1582) said its indirect wholly owned subsidiary won a tender worth about HK$1.5 billion from the Hong Kong Housing Authority for the main construction contract of a planned public housing development in Cheung Sha Wan, Kowloon.The group will act as the main contractor for the building works, with construction expected to start in mid-October, according to a Friday Hong Kong bourse filing.

HKG:1582

Asia6d ago

Elate Unit Enters MoU to Arrange AI Film Incubation Festival

Elate (HKG:0076) unit Comp Media & Advertising entered into a memorandum of understanding with Guangdong Hai Shang Yun Tian Media Group.Under the MoU, the parties intend to jointly organize the Macao International AI Film Incubation Festival, a Friday Hong Kong bourse filing showed.Through this, the parties aim to boost the international influence and profile of cultural activities and AI technology in Hong Kong and Macao and support AI film-makers.The parties will also collaborate on the production of an AI-generated science fiction film.

HKG:0076

Asia6d ago

Impact Therapeutics Gets Positive EMA Opinion for Ovarian Cancer Drug

Impact Therapeutics (HKG:7630) said the European Medicines Agency's Committee for Medicinal Products for Human Use adopted a positive opinion recommending approval of Senaparib as a maintenance treatment for advanced ovarian, fallopian tube and primary peritoneal cancer.The recommendation is based mainly on results from the Phase III FLAMES trial, the company said in a Friday Hong Kong bourse filing. The drug will now be submitted to the European Commission for a final decision. If approved, Senaparib will be authorized for marketing across European Union member states and European Economic Area countries.

HKG:7630

Asia6d ago

China Aircraft Leasing's SPV to Sell Airbus Aircraft

A wholly-owned special purpose vehicle of China Aircraft Leasing Group (HKG:1848) agreed to sell an Airbus A321-200 aircraft, according to a Friday bourse filing.The sale to SHANGHAI MAXWEALTH HU SOAR FREELY NO.3 AVIATION LEASING is expected to be completed by Oct. 31.

HKG:1848

Asia6d ago

TransThera's Biliary Tract Cancer Drug Included in Clinical Oncology Society's Guidelines

TransThera Sciences (Nanjing)'s (HKG:2617) Yochanra has been included in the Chinese Society of Clinical Oncology's guidelines for the diagnosis and treatment of biliary tract cancers.The inclusion is for the drug as a Class II recommendation Class 2A for the treatment of advanced biliary tract cancers, a Friday bourse filing showed.

HKG:2617

Asia6d ago

Sino Harbour's Chair Boosts Shareholding

Sino Harbour's (HKG:1663) chairman and substantial shareholder, Wong Lam Ping, acquired an additional 3.9 million shares in the company.The shares were purchased from the open market for HK$0.056 apiece, a Friday Hong Kong bourse filing showed.

HKG:1663

Asia6d ago

Liaoning Port Unit to Buy Jifa Beihai Vessel for 82 Million Yuan

Liaoning Port (HKG:2880) said its wholly owned subsidiary DBR agreed to buy the Jifa Beihai vessel from Wantong Logistics for 81.6 million.DBR will pay the full consideration within three business days after the agreement takes effect and receipt of a compliant VAT invoice, according to a Friday Hong Kong bourse filing. The vessel's ownership will transfer to DBR upon completion of the handover.The purchase is expected to be funded mainly from the group's internal resources.

HKG:2880

Asia6d ago

Planetree International Development Renew Lease Of Hong Kong Premises

Two units of Planetree International Development (HKG:0613) have renewed tenancy agreements for Hong Kong premises for two years.Planetree Management will continue to lease Rooms 2801 to 2803 at China United Centre in Hong Kong from Easy Step starting Sept. 23, 2026, and ending Sept. 22, 2028.Planetree Financial Group will also lease a premises at the same location from Poly Logic for an additional two years beginning Nov. 1, 2026, and ending Oct. 31, 2028.

HKG:0613

Asia6d ago

Xinhua Pharma Obtains Three Drug Certificates from Chinese Regulator

Shandong Xinhua Pharmaceutical (SHE:000756, HKG:0719) and a unit recently obtained drug registration certificates for three drugs from China's National Medical Products Administration.The company got a certificate for Levocarnitine Oral Solution, used for the treatment of primary systemic carnitine deficiency.Its Magnesium Sulfate, Sodium Sulfate and Potassium Sulfate Concentrate Oral Solution, which is used for bowel cleaning in adults before any operation requiring intestinal cleansing, also got a registration certificate.Unit Shandong Zibo Xincat Pharmaceutical got the third certificate for its Donepezil Hydrochloride Orally Disintegrating Tablets for the treatment of mild, moderate or severe symptoms of Alzheimer's disease.

HKG:0719SHE:000756

Asia6d ago

Japan Metropolitan Fund to Refinance 7.5 Billion Yen in Maturing Loans

Japan Metropolitan Fund Investment (TYO:8953) will refinance 7.5 billion yen in existing borrowings maturing Sept. 30 through new loans from four lenders.The new financing, to be drawn on Sept. 30, includes 2 billion yen from Sumitomo Mitsui Banking, 2.5 billion yen from Resona Bank, 2 billion yen from The Bank of Fukuoka, and 1 billion yen from The 77 Bank, with terms ranging from two to seven years.All loans carry floating rates based on JBA 1-month yen TIBOR plus spreads of 0.150% to 0.175%, and are unsecured, unguaranteed, and repayable in lump sum.The refinancing replaces existing loans that were primarily fixed-rate, with the new floating-rate structure reflecting current market conditions.

TYO:8953

Asia6d ago

Keihan to Sign 36.6 Billion Yen Loan Agreement with Financial Covenants

Transportation and infrastructure group Keihan (TYO:9045) has decided to conclude a loan agreement with financial covenants, to be used for business operations including refinancing, according to a Tokyo bourse filing on Friday.The agreement, scheduled for Sept. 28, involves a syndicate of city banks and other lenders, with a principal of 36.6 billion yen and repayment dates of Sept. 30, 2031 and Sept. 30, 2033.The loan is unsecured, and the financial covenant requires consolidated net assets at each fiscal period-end to be maintained at 75% or more.

TYO:9045

Asia6d ago

Kanematsu to Acquire IDAJ and Subsidiaries for 50.1 Billion Yen

Kanematsu's (TYO:8020) unit Kanematsu Electronics has agreed to acquire all shares of BCJ-61, whose group includes IDAJ and its subsidiaries, for 50.1 billion yen, effective Oct. 1.IDAJ specializes in Model-Based Development or Computer-Aided Engineering software sales, technical support, and consulting.IDAJ has a combined net sales of 14.7 billion yen and an operating profit of 2.7 billion yen for the fiscal year ended September 2025, according to a Tokyo bourse filing on Friday.Through the acquisition, Kanematsu aims to expand into upstream design and development processes and provide seamless design and development DX solutions from design through manufacturing.

TYO:8020

Asia6d ago

Shanghai Top Numerical Control CFO Steps Down; Successor Named

Shanghai Top Numerical Control Technology's (HKG:7688) Chief Financial Officer Zhang Muqing resigned effective Friday to devote more time to his personal development.The high-end intelligent manufacturing equipment company, on the same day, named Feng Bingzhang as its new CFO, a same-day bourse filing revealed.Feng was previously the senior finance manager of ZG Group (HKG:6676).

HKG:6676HKG:7688

Asia6d ago

Genertec Universal Medical Unit Eyes 1 Billion Yuan from Bond Issue

Genertec Universal Medical Group (HKG:2666) unit China Universal Leasing is planning to issue up to 1 billion yuan of corporate bonds to qualified investors in China.The issue will comprise the third tranche of a bond issue program worth 8 billion yuan, a Friday bourse filing showed.The bonds will have a basic term of five years, with the issuer having repurchase and coupon rate adjustment options at the end of the third and fourth years, while the investors will be entitled to a sell-back option.The bonds are expected to be issued off-line from Sept. 21.

HKG:2666

Asia6d ago

Kobe Bussan's August Sales Rise 5.9%

Kobe Bussan's (TYO:3038) August net sales reached 48.2 billion yen, up 5.9% on a non-consolidated basis, according to a Friday filing on the Tokyo Stock Exchange.The supermarket operator's gross profit gained 1.2% to nearly 5 billion yen, while operating profit fell 5.1% to 2.94 billion yen.The Gyomu Super operator opened two indirectly-run stores in the month. It closed one directly managed store and one indirectly managed stores, bringing its network to 1,140 locations.Shipments to existing stores in directly managed areas increased 2.8%, and nationwide shipments rose 5.6% from a year earlier.

TYO:3038

Asia6d ago

Phillip Securities Upgrades GFPT to Buy From Accumulate; Price Target is THB12.40

GFPT (SET:GFPT) has an average rating of overweight and mean price target of 11.41 baht, according to analysts polled by FactSet.

SET:GFPT

Asia6d ago

Nestlé India Faces Legal Action Over Substandard Baby Food, Promotional Non-Compliance

Nestlé India (NSE:NESTLEIND, BOM:500790) is facing legal action initiated by The Food Safety and Standards Authority of India (FSSAI) after its baby food was found to be substandard, said in a social media post Friday.A lab analysis of Nestlé India's Follow-up Formula was found "substandard with respect to Biotin content."The regulator also said infant nutrition products NAN Excella Pro Stage 1 and Lactogen Pro 1 were found in breach of a regulation restricting promotional materials with the aim of boosting the saleability of infant foods.Nestlé India did not immediately respond to' request for a comment.

BOM:500790NSE:NESTLEIND

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