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Xuanzhu Biopharmaceutical Receives Chinese Regulatory Nod to Begin Trials of An Jiu Wei

Xuanzhu Biopharmaceutical (HKG:2575) said it received Chinese regulatory approval to begin phase 3 clinical trials of its drug An Jiu Wei to treat Helicobacter pylori, according to a Hong Kong bourse filing Wednesday.The firm plans to enroll 556 adult subjects in the study.An Jiu Wei is already approved in China as a treatment of duodenal ulcer.

HKG:2575

Asia70d ago

Finbar Group Settles Development Site for AU$230 Million Mixed-Use Project

Finbar Group (ASX:FRI) said it has completed settlement of a prime development site at 236 Railway Parade in West Leederville and lodged a development application for a "substantial" mixed-use project, according to a Wednesday Australian bourse filing.The company said the project has an estimated end value of about AU$230 million and, subject to development approval, delivery timing, and market conditions, is expected to contribute to earnings in fiscal 2029 and fiscal 2030.

ASX:FRI

Asia70d ago

Immutep Says US FDA Grants Orphan Drug Designation for Treatment of Soft Tissue Sarcoma, Shares Soar 41%

Immutep (ASX:IMM) said the US Food and Drug Administration (FDA) granted orphan drug designation for its eftilagimod alfa drug candidate for the treatment of soft tissue sarcoma, according to a Wednesday Australian bourse filing.The investigator-initiated phase II EFTISARC-NEO trial, which was evaluating eftilagimod alfa in combination with radiotherapy and KEYTRUDA in the neoadjuvant setting in patients with resectable soft tissue sarcoma, met its primary endpoint, demonstrating a median tumor hyalinization/fibrosis of 51.5%.Its shares soared 41% in recent trading on Wednesday.

ASX:IMM

Asia70d ago

Evolution Mining Posts Lower March Quarter Gold Production; Shares Up 8%

Evolution Mining (ASX:EVN) reported group production of 170,137 ounces of gold for the March quarter, according to a Wednesday Australian bourse filing.Group production was 179,778 ounces of gold in the three months ended March 31, 2025, an earlier filing showed.The group produced 158,370 ounces of silver and 10,768 tonnes of copper, compared with 205,667 ounces of silver and 19,450 tonnes of copper a year earlier.Meanwhile, the company sold 163,691 ounces of gold and 141,400 ounces of silver during the quarter at achieved prices of AU$6,794 and AU$137 per ounce, respectively, down from 185,614 ounces of gold and 200,463 ounces of silver a year earlier.Copper sales were 7,971 tonnes at an achieved price of AU$18,810 per tonne, compared with 18,520 tonnes a year earlier.The company said it is on track to deliver fiscal 2026 gold production below its original cost guidance, with the March quarter all-in sustaining cost at AU$2,220 per ounce.The company's shares rose around 8% in recent Wednesday trade.

ASX:EVN

Asia70d ago

361 Degrees Reports 10% Retail Sales Growth in Q1 2026

361 Degrees International (HKG:1361) said retail sales of its core and kids' brands each rose about 10% year over year in the first quarter of 2026, according to a Wednesday Hong Kong bourse filing.Sales through the company's e-commerce platform climbed in mid-double digits, the firm said.

HKG:1361

Asia70d ago

South Korean Shares Open Higher on Potential US-Iran Talks, Israel-Lebanon's Direct Negotiations

South Korean shares opened sharply higher on Wednesday on hopes of renewed Washington-Tehran talks after initial negotiations failed in Islamabad last week. Investor optimism picked up after US President Donald Trump on Tuesday said fresh peace talks could take place over the "next two days."The benchmark Korea Composite Stock Price Index, or Kospi, rose 173.85 points or 2.91% to open at 6,141.60. The Kosdaq also increased 18.74 points or 1.67% to start trading at 1,140.62.In addition, Israel and Lebanon resumed direct discussions for the first time in over three decades on Tuesday in Washington. The exchange was said to be positive, although key differences are yet to be resolved.Lebanon's Ambassador to the US, Nada Hamadeh Moawad, said details of the next talks will be shared in due course. Moawad described the first meeting as constructive and highlighted the urgent need to address the humanitarian crisis from the ongoing conflict.

^KOSDAQKOSPI

Asia70d ago

Elevate Uranium Says Namibia Project's Mineral Resource Base Rises to 76.2 Million Pounds

Elevate Uranium (ASX:EL8) reported a maiden inferred mineral resource estimate of 10.1 million pounds of triuranium octoxide at Namib IV, part of its Koppies uranium project in Namibia, according to a Wednesday Australian bourse filing.The company said the addition of the Namib IV resource increases the project's mineral resource base to 76.2 million pounds of triuranium octoxide, with Namibia's in-country mineral resources now totaling 106.4 million pounds across the Erongo Region.Elevate Uranium said its global mineral resources have increased to 163.4 million pounds of uranium oxide.The company's shares fell 2% in recent Wednesday trade.

ASX:EL8

Asia70d ago

Hazer Group Completes Process Design Package for Hydrogen Technology, Shares Up 7%

Hazer Group (ASX:HZR) said it has completed a comprehensive process design package for the Hazer process, developed in collaboration with Kellogg Brown & Root, according to a Wednesday Australian bourse filing.The company said the standardized design basis supports global deployment and licensing, with the package designed for 30,000 tonnes per year of hydrogen output, confirming industrial-scale capability and economic viability.Hazer Group's shares rose 7% in recent Wednesday trade.

ASX:HZR

Asia70d ago

Mesoblast Acquires Exclusive License to Chimeric Antigen Receptor Platform; Shares Up 7%

Mesoblast (ASX:MSB) acquired an exclusive license to a patented chimeric antigen receptor technology platform to boost the effectiveness of its products, according to a Wednesday filing with the Australian bourse.The company obtained the rights to the intellectual property developed at Mayo Clinic through the acquisition of a startup mainly formed to advance the technology, the filing said.Shares rose nearly 7% in morning trade Wednesday.

ASX:MSB

Asia70d ago

CStone Pharmaceuticals Seeks HK$1 Billion via Share Placement

CStone Pharmaceuticals (HKG:2616) plans to raise about HK$1.05 billion in net proceeds through a share placement, according to a Wednesday Hong Kong bourse filing.The pharmaceutical firm agreed to place 118 million new shares at HK$8.97 each to at least six independent investors.The placing price represents a discount of about 7% to the last closing price and about 7.9% to the five-day average price, the filing said.The placing shares represent about 8% of the company's existing issued share capital.Net proceeds will be used mainly for research and development of its oncology pipeline, with the remainder for general corporate purposes.

HKG:2616

Asia70d ago

TransThera Sciences to Raise HK$282 Million via Share Placement

TransThera Sciences (Nanjing) (HKG:2617) plans to raise about HK$282.2 million in net proceeds through a share placement, according to a Wednesday Hong Kong bourse filing.The clinical-stage biopharmaceutical firm agreed to place 5.1 million shares at HK$57.03 each to at least six independent investors.The placing price represents a discount of about 18% to the last closing price and about 19.2% to the five-day average price, the filing said.The placing shares represent about 1.3% of the company's existing issued share capital.Net proceeds will be used mainly for research and development and commercialization of its core product, Tinengotinib, as well as working capital.

HKG:2617

Asia70d ago

Huaqin Technology Seeks Up to HK$4.5 Billion in Hong Kong IPO

Huaqin Technology (HKG:3296, SHA:603296) launched its Hong Kong initial public offering on Wednesday, seeking to raise up to about HK$4.55 billion.The China-based smart hardware products manufacturer is offering 58.5 million H-shares at a maximum price of HK$77.70 per share, according to a Hong Kong bourse filing.The offering comprises 5.9 million shares for Hong Kong investors and 52.7 million shares for international investors, subject to reallocation and the overallotment option.The offer price is expected to be determined by April 21, with allocation results due by April 22, ahead of the company's planned trading debut on April 23.Net proceeds will be used mainly to enhance product-centric research and development, including expanding R&D teams and investing in advanced technologies.The funds will also support manufacturing capacity expansion and optimization, alongside automation and digitalization upgrades.Huaqin will further allocate proceeds toward strategic investments and vertical integration across its supply chain, as well as for working capital and general corporate purposes.China International Capital Corporation Hong Kong Securities, and Merrill Lynch (Asia Pacific) are acting as joint sponsors, as well as sponsor-overall coordinators, joint bookrunners, and joint lead managers.Goldman Sachs (Asia), CLSA, Futu Securities International (Hong Kong), and Tiger Brokers (HK) Global are acting as joint bookrunners and joint lead managers, while ABCI Capital is also a joint bookrunner.

HKG:3296SHA:603296

Asia70d ago

Cobre Begins Around 40,000 Meters Drilling Program at Chile Project, Shares Jump 8%

Cobre (ASX:CBE) will begin an around 40,000 meters surface and underground drilling program at the Sierra Atacama project in Chile, according to a Wednesday Australian bourse filing.The program seeks to expand the resource between known deposits and delineate areas for initial shallow starter pits. It will consist of around 15,000 meters of reverse circulation drilling and 25,000 meters of diamond core drilling.Its shares rose 8% in recent trading on Wednesday.

ASX:CBE

Asia70d ago

Wildcat Resources Says Western Australia Project's Lithium Discovery Continues to Expand

Wildcat Resources (ASX:WC8) said its Bolt Cutter Central lithium discovery, part of its Tabba Tabba Lithium-Tantalum project in Western Australia, continues to expand with a mineralized footprint now defined over more than 2.3 kilometers, according to a Wednesday Australian bourse filing.The company said the discovery remains open in multiple directions, expanding the known extents of the stacked lithium-cesium-tantalum (LCT) pegmatite system, with recent metallurgical holes intercepting coarse-grained spodumene mineralization from diamond drilling.Wild Cat added that a Definitive Feasibility Study (DFS) for the Tabba Tabba project is well advanced across key workstreams.The company said it held cash at the bank of AU$43.3 million as of March 31.The company's shares rose past 1% in recent Wednesday trade.

ASX:WC8

Asia70d ago

Yancoal Australia Rises After Agreeing to Acquire 80% Stake in Queensland Coal Mine

Yancoal Australia's (ASX:YAL) shares were up 1% in recent trading on Wednesday after the company said in an Australian bourse filing late on Tuesday that it entered into binding transaction documentation with EMR Capital Advisors, Kestrel Coal (EMR), Adaro Capital, and EMR Capital Management to acquire Kestrel Coal Group, which holds an 80% interest in the Kestrel coal mine joint venture in Queensland, for up to $2.4 billion.The consideration includes an upfront cash consideration of $1.85 billion, payable on completion, as well as contingent cash consideration of up to a maximum of $550 million.Completion of the acquisition is subject to the satisfaction of conditions precedent, including regulatory approvals, and is targeted towards the end of the third quarter.

ASX:YAL

Asia70d ago

Brookside Energy Secures Drill Rig for Development Drilling Program in Oklahoma Area of Interest

Brookside Energy (ASX:BRK) executed an IADC drilling contract with Kenai Drilling, securing Rig 18 for its upcoming development drilling program in the SWISH area of interest in the Anadarko Basin, Oklahoma, according to a Wednesday Australian bourse filing.The rig will be used to drill the next two-well development pad at the Suttles location, comprising the Sabres well and the Whalers well. Earthworks on the Suttles pad are nearing completion.Its shares rose 1% in recent trading on Wednesday.

ASX:BRK

Asia70d ago

Horizon Oil Says Minimum Acceptance Condition Met for Cue Energy Takeover Bid, Shares Down 4%

Horizon Oil (ASX:HZN) said the minimum acceptance condition for its off-market takeover bid for Cue Energy Resources has been fulfilled, according to a Wednesday Australian bourse filing.Horizon Oil fell 4% in recent Wednesday trade while Cue Energy Resources slipped past 3%.

ASX:CUEASX:HZN

Asia70d ago

SoftBank-Backed PayPay To Launch Overseas Payment Service in Taiwan

SoftBank-backed (TYO:9984) PayPay will roll out its overseas payment service in Taiwan from late April, marking its second expansion after South Korea, according to a Tuesday company statement.Users will be able to make payments at about 400,000 locations displaying the TWQR code, including convenience stores and restaurants.The service allows real-time conversion into yen and includes a new exchange rate calculator to improve transparency.PayPay Points will be awarded on purchases, with additional incentives such as a scratch lottery for overseas spending. The company plans promotional tie-ups with major Taiwan convenience store chains and airport transit cards.The app will automatically switch to overseas mode for verified users, while keeping data stored securely in Japan.

TYO:9984

Asia70d ago

Katitas Flags Minimal Earnings Impact from TOTO Supply Curbs

Katitas (TYO:8919) said it expects limited impact on its business performance from reports that TOTO (TYO:5332) has suspended orders for unit baths, according to a Wednesday filing on the Tokyo Stock Exchange.The company said it has not recently placed orders with TOTO, limiting any immediate effect on operations. Katitas said that even if other housing equipment makers impose similar restrictions, the impact would likely remain modest given its business model.It said most properties it acquires already have installed equipment, reducing reliance on new procurement. The company can also deliver homes with existing fittings or carry out installations after handover if needed.

TYO:5332TYO:8919

Asia70d ago

Ausgold's Investment Appeal Supported by Clear Near-Term Production Pathway, Euroz Hartleys Says

Ausgold's (ASX:AUC) investment appeal is supported by its status as a gold developer based in Western Australia with a defined near-term production pathway, Euroz Hartleys said in a Tuesday note.The company recently reported strong, high-grade results from its 54,000-meter drilling program at the Katanning gold project, with over 46,717 meters completed as of April.The results were up to 11 meters at 7.88 grams per tonne grade of gold from 99 meters, including two meters at more than 41 g/t grade of gold from 100 meters.Ongoing drilling is designed to boost resource growth, convert resources to reserves, and optimize mine plans to improve project economics, with a resource update anticipated in the third quarter of the year, the financial services firm said.The project is expected to deliver more than 140,000 ounces per year at an all-in sustaining cost of about AU$2,160 per ounce in its first four years, before averaging over 120,000 ounces per year at roughly AU$2,250 per ounce across the 10-year life-of-mine plan.Euroz Hartleys reaffirmed its speculative buy recommendation and AU$2.70 price target on Ausgold.Ausgold shares rose 7% in morning trade on Wednesday.

ASX:AUC

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