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Daehan Shipbuilding Secures KRW132.9 Billion Order

Daehan Shipbuilding (KRX:439260) secured an order for one crude oil carrier of 157,000 DWT from a shipowner in the African region, according to a Thursday filing with the Korean Exchange.The contract, valued at 132.9 billion won, is valid until July 31, 2029.

KRX:439260

Asia70d ago

Hillgrove Resources Establishes Exploration Target For South Australia Prospect

Hillgrove Resources (ASX:HGO) established an exploration target for the Kanappa prospect in South Australia, which will be evaluated by the upcoming drilling program, according to a Thursday Australian bourse filing.It approximated an exploration target for the southern area of Kanappa of between 5.8 million and 11.5 million tonnes, with a target grade of 0.2% to 0.8% copper and 0.05 to 0.1 grams-per-tonne grade of gold, based on drilling results, soil geochemistry, geophysical surveys, and geological interpretation of the prospect.The South Australia Department for Energy and Mining approved the Exploration Programme for Environmental and Progressive Rehabilitation for the Kanappa target on EL6526.Its shares rose over 2% in recent trading on Thursday.

ASX:HGO

Asia70d ago

Cathay Pacific Proposes HK$7 Billion Capital Reduction to Restore Reserves

Cathay Pacific Airways (HKG:0293) proposed a capital reduction of about HK$6.97 billion to offset a decline in distributable reserves following a recent share buyback, according to a Wednesday Hong Kong bourse filing.Shares of the airline were down nearly 1% in Thursday morning trade.The reduction will lower the company's share capital by the same amount, with the credit transferred to a capital reduction reserve account that will be treated as realized profit.

HKG:0293

Asia70d ago

Zhejiang NHU 2025 Profit Up 15%, Revenue Climbs 3%

Zhejiang NHU (SHE:002001) posted 2025 attributable net profit of 6.76 billion yuan, up 15% from 5.87 billion yuan the previous year.Earnings per share climbed to 2.21 yuan from 1.91 yuan, according to a Thursday filing with the Shenzhen bourse.Operating revenue went up 3.0% year over year to 22.3 billion yuan from 21.6 billion yuan.Shares of the nutrition, flavoring, and fragrance products manufacturer climbed 1% in recent trade.

SHE:002001

Asia70d ago

Ruihe Data Unit to Acquire 5.6% Fund Stake from Chairman; Shares Slip 6%

Ruihe Data Technology (HKG:3680) said its wholly owned unit agreed to acquire about 5.6% of the Class A shares in an investment fund from chairman and chief executive Xue Shouguang, according to a Wednesday Hong Kong bourse filing.Shares of the tech firm were down over 6% in Thursday morning trade.The consideration will be set at 70% of distributions received from the fund, subject to a cap of $10 million, with payments to be made after the company receives returns, the filing said.

HKG:3680

Asia70d ago

Barton Gold Completes Pit Optimization Drilling at South Australia Gold Project

Barton Gold Holdings (ASX:BGD) said it has completed pit optimization drilling at its Challenger Gold Project in South Australia, targeting an initial stage 1 definitive feasibility study (DFS) and ore reserves conversion by the second half of the year, according to a Thursday Australian bourse filing.The company said the DFS objective is to model a viable, simplified baseline stage 1 operation to underwrite a restart of the Challenger Gold Mine and maximize development options across the Challenger, Tarcoola, Wudinna, and Tolmer projects.The company added that the first assays from recently completed resource upgrade reverse circulation drilling are expected imminently.

ASX:BGD

Asia70d ago

Radiopharm Theranostics Completes Dosing of Final Patient in Phase 2B Imaging Trial in Recurrent Brain Metastases from Solid Tumors

Radiopharm Theranostics (ASX:RAD) completed the dosing of the final patient in the US phase 2b imaging trial evaluating the diagnostic performance of fluorine-18-RAD101 in 30 individuals with confirmed recurrent brain metastases from solid tumors of different origins, according to a Thursday Australian bourse filing.The primary objective of the study is concordance between fluorine-18-RAD101 positive lesions and those seen in conventional imaging, magnetic resonance imaging with gadolinium, in participants with suspected recurrent brain metastases.RAD 101 is a novel imaging small molecule that targets fatty acid synthase (FASN), a multi-enzyme protein that catalyses fatty acid synthesis and is overexpressed in many solid tumors.

ASX:RAD

Asia70d ago

BlinkLab Generates Nearly AU$18 Million From Share Placement; Shares Down 3%

BlinkLab (ASX:BB1) generated a gross AU$17.5 million from an oversubscribed share placement at a price of AU$0.65 per ordinary share, according to a Thursday filing with the Australian bourse.Members of the company's board and management participated in the placement with a commitment to contribute AU$200,000.The healthcare company will use the funds to complete a US registrational trial for autism diagnosis using its Dx1 platform while also supporting the lead product's approval processes in Europe.Additionally, BlinkLab plans launch a second clinical program in the US using its Dx2 platform as a diagnostic aid for attention-deficit/hyperactivity disorder, or ADHD.Shares of the company were down 3% in recent Thursday trade.

ASX:BB1

Asia70d ago

GPT Group Completes Oversubscribed AU$610 million GWSCF Equity Raise

GPT Group (ASX:GPT) has confirmed the close of its GPT wholesale shopping center fund (GWSCF) equity raise, which attracted strong investor demand and was capped at around AU$610 million, surpassing its original AU$500 million target, according to a Thursday filing with the Australian bourse.The funds will be used to support its future growth initiatives, the filing added.The company's shares fell around 1% in recent Thursday trade.

ASX:GPT

Asia70d ago

CATL to Set Up 30 Billion Yuan New Energy Mineral Resource Subsidiary; Shares Jump 4%

Contemporary Amperex Technology (SHE:300750, HKG:3750) plans to establish a new energy mineral resource subsidiary with a registered capital of 30 billion yuan, according to a Wednesday disclosure on the Shenzhen bourse.The planned subsidiary, to be named Times Resources Group (Xiamen), will explore mineral resources, process metal and sell chemical products.The company will fully own the subsidiary.The battery maker's Hong Kong shares jumped 4%, while its Shenzhen-listed shares rose 2% during the morning trade.

HKG:3750SHE:300750

Asia70d ago

NZX Midday Sector Update: Industrial Services Stocks Rise, Consumer Durables Tank

Industrial services gained the most among New Zealand sectors on Thursday, advancing nearly 2%.Ventia Services Group (NZE:VNT, ASX:VNT) gained nearly 2% in recent trade.On the other hand, consumer durables shares dropped past 1%.KMD Brands (NZE:KMD, ASX:KMD) shares slid past 1% in recent trade

^NZ50ASX:KMDASX:VNTNZE:KMDNZE:VNT

Asia70d ago

Guoquan Food Shareholder to Sell Some Stake

Guoquan Food (Shanghai) (HKG:2517) said Shanghai Guoxiaoquan Enterprise Management Center, one of its controlling shareholders, plans to sell some of its holdings, according to a Hong Kong bourse filing Thursday.The firm will sell 124.5 million shares, representing 4.74% of the business, at HK$3.80 apiece.Once complete, the transaction will reduce Guoxiaoquan EM's ownership to 7.88% from 12.61%, the firm said.According to Guoquan Food, the shareholder is selling some of its holdings to meet its own funding needs and does not plan to sell any further shares under a six-month voluntary lock-up.

HKG:2517

Asia70d ago

Wuhu Atech Automotive Jumps 112% in Shanghai Debut

Wuhu Atech Automotive (SHA:603293) shares opened at 71.00 apiece on their first day of trading on the Shanghai bourse.This marked a 112% jump from the intelligent automotive electronics manufacturer's initial public offering price of 33.49 yuan per share.

SHA:603293

Asia70d ago

AIC Mines Posts Higher March Quarter Copper Production From Queensland Mine, Achieves Guidance; Shares Up 6%

AIC Mines (ASX:A1M) said copper production rose to 3,432 tonnes in the March quarter at its Eloise Mine in Queensland from 3,004 tonnes a year ago, with 1,692 ounces of gold in concentrate, achieving guidance, according to a Thursday Australian bourse filing.The company said Eloise generated AU$27.7 million in net mine cash flow after a capital investment of AU$14.5 million despite weather-related disruptions to concentrate sales, with the mine remaining on track to achieve fiscal 2026 production and cost guidance.Commissioning of the expanded 1.1 million tonne per annum Eloise processing plant remains on schedule for the December quarter, the filing added.The company said it held AU$31.1 million in cash as of March 31, up from AU$30.9 million as of March 2025.The company's shares rose past 6% in recent Thursday trade.

ASX:A1M

Asia70d ago

CATL's Q1 Profit Jumps 49% as Revenue Soars 52%; Shares Up 4%

Contemporary Amperex Technology's (SHE:300750, HKG:3750) net profit attributable to shareholders in the first quarter rose 49% to 20.74 billion yuan from the year-ago profit of 13.96 billion yuan, according to a Hong Kong bourse filing on Wednesday.The battery maker's Hong Kong shares jumped 4% and Shenzhen shares rose 2% during the morning trade.Earnings per share climbed 44% year on year to 4.58 yuan from 3.18 yuan.Operating revenue jumped 52% to 129.13 billion yuan from 84.70 billion yuan in the previous year.

HKG:3750SHE:300750

Asia70d ago

South Korean Shares Open Higher on US-Iran Deal Optimism

South Korean shares opened higher on Thursday, tracking overnight gains in U.S. stocks as optimism around the possibility of a US-Iran deal rose.The benchmark Korea Composite Stock Price Index, or Kospi, rose 58.09 points or 0.95% to open at 6,149.49. The Kosdaq also gained 10.57 points or 0.91% to start trading at 1,163.Reuters reported that Brent crude declined 44 cents (0.5%) to $94.49 a barrel, while U.S. WTI crude shed 70 cents (0.8%) to $90.59 a barrel on hopes of easing U.S.-Iran tensions.U.S. President Donald Trump said the Iran war is "very close to over" in an interview that aired on Wednesday, despite the leader of Iran's joint military command threatening to bring trade to a standstill in the Gulf region if the U.S. kept blocking Iranian ports.In addition, Iranian official Mohsen Rezaei warned that any U.S. invasion would lead Iran to capturing American troops as hostages and strike U.S. naval vessels enforcing the Strait of Hormuz blockade.

^KOSDAQKOSPI

Asia70d ago

Sigenergy Technology Soars 79% in Hong Kong Trading Debut

Sigenergy Technology's (HKG:6656) shares opened 79.2% above their initial public offering price during the company's Hong Kong debut Thursday morning.The China-based energy storage provider opened at HK$581 per share, well above the offer price of HK$324.20.

HKG:6656

Asia70d ago

Brightstar Executes Drilling Services Strategic Framework Agreement With Aquirian for Western Australia Hub; Aquirian Shares Up 8%

Brightstar Resources (ASX:BTR) executed a strategic framework agreement with Aquirian (ASX:AQN) for the supply of all drilling and energetics services for open pit mining at the Goldfields hub in Western Australia, according to a Thursday Australian bourse filing.The agreement is conditional on Brightstar making a final investment decision to proceed with the development, construction, and/or operation of the hub and is made on an initial five-year term, with options for additional extensions.Aquirian's unit Drillforce WA was awarded an initial three-year agreement, starting Sept. 1, for the supply of all drilling and energetics services to Brightstar for its Lord Byron open-pit mine in Western Australia.Brightstar's shares fell over 1% in recent trading on Thursday, while those of Aquirian rose 8%.

ASX:BTR

Asia70d ago

Magnetic Resources Says Proposed Acquisition by Genesis Minerals to be Completed By June

Magnetic Resources (ASX:MAU) said the proposed scheme of arrangement, under which Genesis Minerals (ASX:GMD) will acquire all the shares of the firm, is expected to be completed by June and is progressing on schedule, according to a Thursday Australian bourse filing.The company's board unanimously recommended that Magnetic shareholders vote in favor of the scheme.Genesis Minerals' shares shed about 2% in recent Thursday trade.

ASX:GMDASX:MAU

Asia70d ago

ASX Credit Rating Downgraded by S&P Global

ASX (ASX:ASX) said S&P Global Ratings has downgraded the company's long-term issuer credit rating to A+ from AA-, with a stable outlook, according to a Thursday filing with the Australian bourse.The Australian Securities and Investments Commission's (ASIC) final report on an inquiry into risk management deficiencies at the exchange operator contributed to the downgrade, the company said.In its own statement, the ratings agency said the persistent operational failures flagged by the regulator will take several years and significant investment to resolve. However, it added that ASX is expected to show continued strong revenue growth as most of its businesses are still benefiting from market movements.ASX reaffirmed its commitment to addressing the issues highlighted by the ASIC, adding that the downgrade does not impact its capital, liquidity or funding position.

ASX:ASX

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