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China Minsheng Banking Issues 30 Billion Yuan Tier 2 Capital Bonds

China Minsheng Banking (SHA:600016, HKG:1988) issued Tier 2 capital bonds amounting to 30 billion yuan, according to a Shanghai bourse filing on Wednesday.The 10-year fixed-rate bonds have a coupon rate of 2.13%, with a conditional issuer call option at the end of the fifth year.Proceeds from the issuance will be used to supplement the lender's Tier 2 capital.The bank's Hong Kong shares slipped 1% during the morning trade.

HKG:1988SHA:600016

Asia68d ago

Kaishan 2025 Profit Up 14%, Revenue Rises 12%

Kaishan Group (SHE:300257) posted 2025 attributable net profit of 364.2 million yuan, up 14% from 320.4 million yuan the previous year.Earnings per share rose to 0.37 yuan from 0.32 yuan, according to a Wednesday filing with the Shenzhen bourse.The compressor maker's operating revenue rose 12% year over year to 4.72 billion yuan from 4.23 billion yuan.Shares of the company were down 1% in recent trade.

SHE:300257

Asia68d ago

Shanjin International Gold's Attributable Profit Jumps 101% in Q1

Shanjin International Gold's (SHE:000975) attributable profit rose 101% to 1.39 billion yuan in the first quarter from 693.8 million yuan in the year-ago period, according to a Wednesday filing with the Shenzhen bourse.Earnings per share at the mining company increased 101% to 0.5023 yuan from 0.2499 yuan in the prior-year period.Operating income grew 37% year over year to 5.94 billion yuan from 4.32 billion yuan.Shares increased 1% during the midday break on Wednesday.

SHE:000975

Asia68d ago

Nyrada Confirms Activation of First Site in Phase 2a Study of Drug Candidate for Heart Muscle Cell Damage

Nyrada (ASX:NYR) confirmed that the Nepean Hospital in New South Wales was activated as the first site in its Protect-MI phase 2a clinical trial assessing Xolatryp in potentially reducing myocardial injury, or damage to the heart muscle cells, in patients suffering a heart attack, according to a Wednesday Australian bourse filing.The trial's primary endpoint is the safety/tolerability of the drug candidate, the filing said. Several secondary efficacy endpoints are also being evaluated, including cardiac function, extent of cardiac injury, biomarkers such as Troponin I levels, and the incidence of arrhythmias of interest.

ASX:NYR

Asia68d ago

Coliwoo's Shares Included Under Central Provident Fund Board's Account

Coliwoo (SGX:W8W) said its shares have been included under the Central Provident Fund Board's CPFIS Ordinary Account, effective April 21, according to a Tuesday filing with the Singapore Exchange.Shares of the worker and student accommodation provider were up over 1% in Wednesday trading.Shares acquired using CPF monies can only be disposed of through trading on the SGX, with proceeds from such disposals to be credited into an investor's CPF ordinary account, the filing added.

SGX:W8W

Asia68d ago

XXF Group Completes HK$151 Million Share Placement

XXF Group (HKG:2473) completed a share placement to raise about HK$151 million in net proceeds, according to a Hong Kong bourse filing Tuesday.Shares of the automobile finance lease firm gained over 3% in late morning trade Wednesday.An existing shareholder, Glorypearl Capital Resources, placed 154.7 million shares at HK$0.98 each to at least six investors and XXF issued the same number of new shares to the seller under a top-up subscription at the same price.The placing represented about 10% of the company's existing issued share capital, and 9.09% as enlarged by the sale.Net proceeds will be used for vehicle procurement to support its automobile retail and leasing businesses, as well as general working capital.

HKG:2473

Asia68d ago

Nanjing Securities Issues 1.5 Billion Yuan Short-Term Bonds

Nanjing Securities (SHA:601990) issued short-term bonds amounting to 1.50 billion yuan, according to a Shanghai bourse filing on Wednesday.The bond has a coupon rate of 1.55% and a term of 365 days, maturing on April 21, 2027.

SHA:601990

Asia68d ago

Namkwang Engineering & Construction Secures KRW68.3 Billion Public Housing Project; Shares Decline 4%

Namkwang Engineering & Construction (KRX:001260) won an integrated private-participation public housing construction project from the Korea Land and Housing Corp.The contract, valued at 68.3 billion won, is valid till Apr. 30, 2029, according to a filing with the Korea Exchange on Wednesday.Shares of Namkwang Engineering & Construction fell nearly 4% in recent trade.

KRX:001260

Asia68d ago

Wisdom Education Flags Lower Profit For Fiscal H1; Shares Up 3%

Wisdom Education International (HKG:6068) expects 30.5 million yuan in consolidated net profit for the fiscal first half ended Feb. 28, compared with 51.6 million yuan in the same period of 2025, according to a Hong Kong bourse filing Tuesday.Shares of the school-related supply chain business gained nearly 3% in late morning trade Wednesday.The firm attributed the decrease to a rise in administrative expenses and a drop in financial guarantee contracts during the period.

HKG:6068

Asia68d ago

Thai Beverage Withdraws Crediting Rating Service with Fitch Ratings

Thai Beverage (SGX:Y92) decided to withdraw its credit rating service with Fitch Ratings, according to a Tuesday filing with the Singapore Exchange.Shares of the beverage company were up over 1% in Wednesday trading.The ratings provider has withdrawn its long-term foreign-currency issuer default rating, national long-term rating and ratings on the company's senior unsecured Thai Baht debentures.Meanwhile, the company is slated to maintain its existing rating agreements with Moody's Investor Service and TRIS Rating.The company is currently rated Baa3 with a stable outlook by Moody's and AA with a stable outlook by TRIS.

SGX:Y92

Asia68d ago

BHP Group Completes Iron Ore Sales Contract Talks With China Mineral Resources Group

BHP Group (ASX:BHP) has concluded iron ore sales contract discussions with the China Mineral Resources Group, according to a Wednesday filing with the Australian bourse.The company maintained its fiscal year 2026 production guidance for the Western Australia Iron Ore system at between 251 million tonnes and 262 million tonnes.Shares of BHP were 2% higher in recent Wednesday trade.

ASX:BHP

Asia68d ago

Frasers Property Redeems SG$280 Million Worth of Bonds on Maturity

Frasers Property (SGX:TQ5) redeemed its SG$280 million worth of 4.25% bonds upon maturity on April 21, according to a Tuesday filing with the Singapore Exchange.Shares of the property developer were up nearly 1% in Wednesday trading.The bonds have been cancelled and delisted from the Singapore Exchange, the filing added.

SGX:TQ5

Asia68d ago

CTBC Financial (TPE:2891) Renews Lease for Office Premises

CTBC Financial (TPE:2891) unit CTBC Securities has acquired right-of-use assets from KGI Life Insurance through a lease renewal for office premises in Taichung, Taiwan, according to a Tuesday Taiwan Exchange filing.Shares gained over 1% in Wednesday's late morning trade.The property has a lease area of 195.69 ping, and a lease term of nine years, running from June 2026 to May 2035.It carries a total rental value of NT$10.45 million, while the right-of-use asset is valued at NT$9.14 million, it said.

TPE:2891

Asia68d ago

Eureka Group Acquires Two Victorian Rental Communities for Over AU$14 Million

Eureka Group Holdings (ASX:EGH) agreed to acquire the Frenchview Lifestyle Village in Grantville and the Paynesville Holiday Park in East Gippsland for a combined purchase price of AU$14.1 million, according to a Wednesday Australian bourse filing.The assets comprise 199 sites in total, including 109 land-lease homes, 24 park-owned rentals, 19 development-ready sites, and 47 short-term or annual sites, with additional upside potential through reconfiguration, densification, and possible adjacent land acquisition at Paynesville, per the filing.Frenchview was acquired for AU$7.5 million at a 7.9% initial yield including AU$1 million deferred for 12 months, while Paynesville was acquired for AU$6.6 million at a 7.6% yield with AU$1.1 million deferred for six months, the filing said.The acquisitions will increase the company's all-age rental portfolio by about 17%, with settlement anticipated within three weeks, the filing added.The company's shares rose around 1% in recent Wednesday trade.

ASX:EGH

Asia68d ago

Mineral Resources, Curtin University Collaborate to Study Environmental DNA-Based Biodiversity Assessment

Mineral Resources (ASX:MIN) partnered with Curtin University to study environmental DNA-based biodiversity assessment for surveying and monitoring species in land-based ecosystems, according to a Wednesday statement.Environmental DNA detects tiny traces of genetic material that organisms leave behind in their environment, in the form of faeces, hair, scales, pollen, and other materials. Samples were collected from different parts of an ecosystem, such as soil, water, leaves, animal scats, and cobwebs.The collaboration seeks to identify the usefulness and practicality of environmental DNA analysis through five separate projects, per the statement.

ASX:MIN

Asia68d ago

Shijiazhuang Shanghai Tech's 2025 Profit Rises 13%, Revenue Jumps 52%

Shijiazhuang Shangtai Technology's (SHE:001301) net profit attributable to shareholders in 2025 rose 13% to 945.8 million yuan from 838.3 million yuan a year earlier, according to a Wednesday earnings report on the Shenzhen bourse.Earnings per share climbed 12% year on year to 3.63 yuan from 3.23 yuan.The Chinese lithium-ion battery anode material manufacturer's operating revenue jumped 52% to 7.94 billion yuan from 5.23 billion yuan in the previous year.

SHE:001301

Asia68d ago

Xingye Silver & Tin Mining's 2025 Profit Rises 11%, Revenue Jumps 30%; Shares Down 3%

Inner Mongolia Xingye Silver & Tin Mining's (SHE:000426) net profit attributable to shareholders in 2025 rose 11% to 1.70 billion yuan from 1.53 billion yuan a year earlier, according to a Shenzhen bourse filing on Wednesday.Earnings per share climbed 15% year on year to 0.96 yuan from 0.84 yuan.Operating revenue jumped 30% to 5.56 billion yuan from 4.27 billion yuan in the previous year.The mining company's shares fell less than 3% during the morning trade.

SHE:000426

Asia68d ago

Zhongyuan Bank Chairman Resigns; Successor Named

Zhongyuan Bank (HKG:1216) said Guo Hao resigned as chairman of the board, according to a Hong Kong bourse filing Tuesday.Shares of the firm fell over 1% in morning trade Wednesday.Guo was succeeded by Zhou Feng, the bank's vice chairman and president.Zhongyuan said Zhou stepped down as president to focus on his new role, and that it appointed Zhang Tao as the new president of the bank.

HKG:1216

Asia68d ago

Atlas Arteria Posts Mixed Q1 Results, But 'Stronger' Than Implied, Jefferies Says

Atlas Arteria (ASX:ALX) had a mixed first quarter, but the result is "stronger" than implied, Jefferies said in a Tuesday note.The company recently reported a 0.1% increase in proportionate toll revenue for the three months ended March 31, compared with the same period last year, or 1.6% excluding the headwind of foreign exchange.Management has not observed a major effect of rising fuel prices on traffic, although weather conditions in North America are influencing first-quarter traffic volumes, the financial services firm said.Heavy vehicle traffic growth in France partially offset weaker light vehicle traffic, while the Chicago Skyway in Illinois experienced the reverse trend.Meanwhile, the Dulles Greenway in Virginia and the A79 in France continued their strong performance.Traffic and revenue numbers showed mixed results, but there are positive signs in France and Virginia, countered by the stronger Australian dollar, Jefferies said.Jefferies maintained its buy recommendation and lowered its price target to AU$5.43 from AU$5.56 on Atlas Arteria.

ASX:ALX

Asia68d ago

Arovella Therapeutics Says Shareholder Notice Calling for Director Appointments is Invalid

Arovella Therapeutics (ASX:ALA) said a recent notice from shareholder The Trust Company (Australia) calling for a general meeting to appoint three directors is considered invalid, according to a Wednesday filing with the Australian bourse.The company disclosed the notice on April 10, saying the shareholder holds more than 5% of voting shares.Arovella Therapeutics said the notice "cannot be lawfully effected at a general meeting," and it has invited the shareholder to formally withdraw the invalid notice.It added that its board has sought to meet with the director nominees, but its requests were declined.

ASX:ALA

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