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CK Hutchison's Telecom Unit Sees 15% Increase in Q1 Revenue

CK Hutchison's (HKG:0001) CK Hutchison Group Telecom Holdings recorded a total revenue of 2.9 billion euros in the first quarter, up 15% from 2.51 billion euros a year prior.The telecommunications company's active customers count stood at 60.1 million in the quarter, up 37% from 44 million in the prior-year period, according to a Wednesday Hong Kong bourse filing from the conglomerate.

HKG:0001

Asia97d ago

Gallops Enterprise Names CFO

Gallops Enterprise (BOM:531902) appointed Hemant Vijaykumar Bhatkar as chief financial officer.The appointment took effect Wednesday, according to a same-day filing on BSE from the India-based real estate company.

BOM:531902

Asia97d ago

Market Chatter: BYD Holds Talks with Stellantis, Others for Underused Europe Factories

Executive Vice President Stella Li said BYD (HKG:1211, SHE:002594) is in talks with Stellantis and other European car manufacturers to take over underused plants in the region, Bloomberg News reported Wednesday.Li made the remarks after Stellantis revealed a plan to work more closely with Zhejiang Leapmotor (HKG:9863), the report added.In response to a request for comment from, Stellantis said the discussions form part of "its normal course of business" as it holds talks with "a range of industry players around the world on various topics." It, however, noted that it does not comment on speculations.(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.)

HKG:1211HKG:9863SHE:002594

Asia97d ago

Bharti Airtel's Consolidated Profit Drops in Fiscal Q4

Bharti Airtel (NSE:BHARTIARTL, BOM:532454) recorded a sharp decline in its consolidated attributable profit to 73.3 billion Indian rupees in the fiscal fourth quarter ended March 31, against 110.2 billion rupees a year ago.Earnings per share slipped to 12.15 rupees compared with the year-ago figure of 18.38 rupees, according to a Wednesday filing to the Indian stock exchanges by the telecom services provider.Revenue from operations in fiscal Q4, however, rose to 553.8 billion rupees from 478.8 billion rupees a year earlier.The company's board recommended a final dividend of 24 rupees per share for the financial year ended March 31.

BOM:532454NSE:BHARTIARTL

Asia97d ago

Midea Sells HK$17.2 Billion Convertible Bonds

Midea (SHE:000333, HKG:0300) completed the issue of HK$8.62 billion each of zero-coupon convertible bonds due 2027 and 2033 on Wednesday, according to a same-day Hong Kong bourse filing.The appliance manufacturer submitted an application to list the bonds on the Vienna MTF operated by the Vienna Stock Exchange the same day.The firm will use proceeds to support international expansion and boost offshore liquidity, as well as for general corporate purposes.

HKG:0300SHE:000333

Asia97d ago

Suzhou Basecare Medical Gets Registration Certificate for Embryo Culture Medium

Suzhou Basecare Medical (HKG:2170) obtained a class III medical device registration certificate for its Gems cleavage embryo culture medium, according to a Wednesday Hong Kong bourse filing.The medium enhances early embryo stress resistance and provides developmental support during assisted reproduction.

HKG:2170

Asia97d ago

Fosun Pharma's Unit's Registration Application for Blood Stasis Syndrome Drug Accepted in China

Shanghai Fosun Pharmaceutical (SHA:600196, HKG:2196) unit Hebei Wanbang Folon Pharmaceutical's drug registration application for Tao Hong Si Wu Tang Granules was accepted by China's National Medical Products Administration.The drug is intended to be used for blood deficiency and blood stasis syndrome, according to a Wednesday Hong Kong bourse filing.

HKG:2196SHA:600196

Asia97d ago

Resonac's Profit Jumps 75% in Q1

Resonac's (TYO:4004) profit attributable to owners of the parent rose 75% to 15.3 billion yen for the first quarter from 8.75 billion yen a year earlier.The chemicals company's earnings per share increased to 76.17 yen from 48.44 yen a year ago, according to a Tokyo bourse filing on Wednesday.Revenue slipped 4.1% to 307.9 billion yen for the three months ended March 31 from 321.1 billion yen in the prior-year period.For the year ending Dec. 31, the company expects attributable profit of 77 billion yen, EPS of 425.45 yen, and revenue of 1.31 trillion yen.Resonac plans to pay a year-end dividend of 65 yen per share for the year.

TYO:4004

Asia97d ago

ITC Properties Raises HK$52.9 Million from Share Placement

ITC Properties Group (HKG:0199) completed the placing of a little over 69.1 million new shares to raise net proceeds of HK$52.9 million, according to a Wednesday Hong Kong bourse filing.The shares, which were placed to at least six investors at HK$0.8 apiece, represent 6.35% of the property developer's enlarged issued share capital.The firm will use proceeds for investment-related initiatives focusing on AI and technology projects, as well as for the expansion of strategic partnerships to support ongoing projects and overseas growth.

HKG:0199

Asia97d ago

Market Chatter: India Buys More-Than-Expected DAP Fertilizer as Middle East Conflict Lifts Fertilizer Prices

India contracted larger-than-expected volumes of diammonium phosphate (DAP) in a recent import tender as the Middle East conflict disrupted supplies and pushed global fertilizer prices higher, Bloomberg reported late on Tuesday, citing people familiar with the matter.India secured around 1.35 million tons of DAP through the latest import tender, exceeding the originally targeted volume of 1.2 million tons, according to people familiar with the matter cited by Bloomberg News.The country purchased about 12% above the 1.2 million tons of DAP sought in the latest tender, which closed last week, people familiar with the matter told Bloomberg.State-backed importer Indian Potash will buy 705,000 tons for delivery on India's west coast at $930 per ton and another 641,500 tons for the east coast at $935 per ton, according to the report.The contracted prices stood roughly 39% above the prices before the start of the Middle East conflict, Bloomberg reported, citing Green Markets data. India had earlier purchased 2.5 million tons of urea in another tender at nearly double pre-war prices, the report added.The fertilizer purchases come ahead of sowing for key monsoon crops, including rice, corn and soybeans.(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.)

^BSENifty 50

Asia97d ago

CStone Pharmaceuticals Plans Share Buyback

CStone Pharmaceuticals (HKG:2616) intends to buy back up to nearly 136.5 million shares from the open market from time to time under a mandate approved June 25, 2025, according to a Wednesday Hong Kong bourse filing.The repurchase plan is expected to be implemented following the American Society of Clinical Oncology (ASCO) Annual Meeting.

HKG:2616

Asia97d ago

China Electronics Optics Renews Financial Services Contract with Affiliate

China Electronics Optics Valley Union (HKG:0798) renewed an agreement to continue obtaining deposit, loan, and other financial services from China Electronics Financial, according to a Wednesday Hong Kong bourse filing.The renewal, which comes as the current agreement between the parties will expire June 29, is subject to shareholder approval.China Electronics Financial is a unit of China Electronics Corporation, which is a substantial shareholder of China Electronics Optics Valley Union.

HKG:0798

Asia97d ago

Market Chatter: Vietnam Boosts Refined Petroleum Products Purchase in March-April

Vietnam's refined fuel imports rose nearly 17% in the March to April, Reuters reported Wednesday, citing the country's customs data.In terms of value, refined fuel imports were up 144% compared with a year earlier, the report said.The adjustment helped ease immediate supply pressures due to the Iran war, though it added strain to the country's trade balance, the report said.Inflation also accelerated to 5.46% in April, exceeding the government's 4.5% target.Vietnam increased imports from Malaysia and South Korea to make up for the declining fuel supplies from Singapore and China, the news agency reported, citing the data.(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.)

^HNX^HOSE

Asia97d ago

Central China Real Estate's Contracted Sales Climb Slightly in April

Central China Real Estate's (HKG:0832) contracted sales jumped 0.8% year over year to 604 million yuan in April, while gross floor area (GFA) slipped 11% to 86,360 square meters, according to a Wednesday Hong Kong bourse filing.The property firm's average selling price for the three months stood at 6,994 yuan per square meter, up 13% from a year prior.For the first four months of 2026, contracted sales and GFA fell 18% and 25%, respectively, to 2.22 billion yuan and 338,285 square meters, with average selling price rising 8.9% to 6,563 yuan per square meter.

HKG:0832

Asia97d ago

Sumitomo Realty & Development's Attributable Profit Up 11% in Fiscal 2025

Sumitomo Realty & Development's (TYO:8830) profit attributable to owners of the parent increased by 11% to 212.54 billion yen for the fiscal year ended March 31 from 191.68 billion yen a year earlier.The Japanese real estate company's earnings per share increased to 228.42 yen from 202.56 yen a year ago, according to a Tokyo bourse filing on Wednesday.Revenue from operations jumped 4.3% to 1.058 trillion yen from 1.014 trillion yen in the prior year.For fiscal year 2026, the company expects attributable profit of 223 billion yen and revenue from operations of 1.07 trillion yen. Sumitomo Realty & Development plans to pay per-share interim and year-end dividends of 26 yen each for the year.

TYO:8830

Asia97d ago

International Entertainment Adjusts Financial Year-End Date

International Entertainment (HKG:1009) changed its financial year end date to Dec. 31 from June 30, according to a Wednesday Hong Kong bourse filing.The hotel and casino operator's next financial statements will be for the 18 months started July 1, 2025, and ending Dec. 31, 2026.The firm is changing the year-end date to align it with that of its units in the Philippines.

HKG:1009

Asia97d ago

Asics' Profit Surges 47% in Q1

Asics' (TYO:7936) profit attributable to owners of the parent jumped 47% to 46.6 billion yen for the first quarter from 31.6 billion yen a year earlier.The sports equipment manufacturer's earnings per share increased to 65.66 yen from 44.20 yen a year ago, according to a Tokyo bourse filing on Wednesday.Net sales jumped nearly 30% to 270.3 billion yen for the three months ended March 31 from 208.3 billion yen in the prior-year period.For the year ending Dec. 31, the company expects attributable profit of 110 billion yen, basic EPS of 153.91 yen, and net sales of 950 billion yen.Asics plans to pay interim and year-end dividends of 18.00 yen and 20.00 yen per share, respectively, for the year, which is higher than the amount paid in the year-ago period.

TYO:7936

Asia97d ago

Maider Medical Industry Equipment Gets Class Three Contact Lens Approval in China

Maider Medical Industry Equipment (SHA:688310) controlling subsidiary MedShun obtained a class three medical device registration certificate from China's medical products regulator for its Model 38CD soft hydrophilic contact lens.The daily-wear lens corrects myopia, according to a Wednesday filing with the Shanghai bourse.The certificate is valid until May 8, 2031.

SHA:688310

Asia97d ago

Inpex's Profit Slides 13% in Q1

Inpex's (TYO:1605) profit attributable to owners of the parent fell 13% to 109.4 billion yen in the first quarter from 126.3 billion yen a year earlier, according to a Tokyo bourse filing on Wednesday.Japan's largest oil and gas exploration company's earnings per share decreased to 94 yen from 105.38 yen a year ago.Revenue dropped 6.5% to 501.8 billion yen in Q1 from 536.9 billion yen in the prior-year period.Inpex raised its earnings forecast for 2026, citing stable operations at the Ichthys Project and updated assumptions for crude oil prices and exchange rates from the second quarter onward.The company now expects attributable profit of between 350 billion and 450 billion yen from 330 billion yen initially, basic EPS of between 300.95 yen and 386.94 yen from 283.17 yen, and revenue of between 2.004 trillion and 2.291 trillion yen from 1.893 trillion yen.Inpex plans to pay interim and year-end dividends of 54 yen per share each for the year, which is higher than amount paid in the year-ago period.

TYO:1605

Asia97d ago

Mitsui Fudosan's Attributable Net Income Rises 12% in Fiscal Year 2025

Mitsui Fudosan's (TYO:8801) net income attributable to owners of the parent climbed 12% to 278.68 billion yen for fiscal year 2025 from 248.8 billion yen a year earlier.The real estate company's earnings per share increased to 101 yen from 89.22 yen a year ago, according to a Tokyo bourse filing on Wednesday.Revenue rose 3.2% to nearly 2.71 trillion yen in the year ended March 31 from 2.625 trillion yen in the prior year.In a separate disclosure, Mitsui Fudosan's raised its final dividend to 18 yen per share, payable from June 29, from the initial forecast of 17 yen per share and the year-ago period's 16 yen per share.For fiscal year 2026, the company expects attributable net income of 285 billion yen, basic EPS of 105.50 yen, and revenue of 2.8 trillion yen. Mitsui Fudosan plans to pay per-share interim and year-end dividends of 18.50 yen each, which combined is higher than the 35 yen paid in fiscal 2025.

TYO:8801

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