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Jefferies Adjusts Kajaria Ceramics' Price Target to INR1,120 From INR1,005, Keeps at Hold

Kajaria Ceramics (NSE:KAJARIACER, BOM:500233) has an average rating of overweight and mean price target of 1,149.15 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

BOM:500233NSE:KAJARIACER

Asia106d ago

Jefferies Adjusts Inner Mongolia Yili Industrial Group's Price Target to 34.70 Yuan From 32.90 Yuan, Keeps at Buy

Inner Mongolia Yili Industrial Group (SHA:600887) has an average rating of buy and mean price target of 35.98 yuan, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

SHA:600887

Asia106d ago

Jefferies Adjusts Hangzhou Silan Microelectronics' Price Target to 26 Yuan From 27 Yuan, Keeps at Underperform

SHA:600460

Asia106d ago

Guangzhou Development's Attributable Profit Jumps 18% in Q1

Guangzhou Development's (SHA:600098) attributable profit rose 18% to 535.5 million yuan in the first quarter from 452.3 million yuan in the year-ago period, according to a Thursday filing with the Shanghai bourse.Earnings per share at the smart energy company increased 18% to 0.1527 yuan from 0.1293 yuan in the prior-year period.Operating revenue grew 7.8% year over year to 11.7 billion yuan from 10.8 billion yuan.

SHA:600098

Asia106d ago

Jefferies Adjusts Lasertec's Price Target to 43,000 Yen From 36,000 Yen, Keeps at Hold

Lasertec (TYO:6920) has an average rating of overweight and mean price target of 37,943.75 yen, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

TYO:6920

Asia106d ago

Jefferies Adjusts Mphasis' Price Target to INR2,490 From INR2,450, Keeps at Hold

Mphasis (NSE:MPHASIS, BOM:526299) has an average rating of overweight and mean price target of 2,716.19 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

BOM:526299NSE:MPHASIS

Asia106d ago

Jefferies Adjusts Adani Power's Price Target to INR255 From INR185, Keeps at Buy

Adani Power (NSE:ADANIPOWER, BOM:533096) has an average rating of buy and mean price target of 190.14 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

BOM:533096NSE:ADANIPOWER

Asia106d ago

Jefferies Adjusts Avary Holding (Shenzhen)'s Price Target to 85 Yuan From 65 Yuan, Keeps at Buy

Avary Holding (Shenzhen) (SHE:002938) has an average rating of overweight and mean price target of 70.42 yuan, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

SHE:002938

Asia106d ago

Australian Shares Swing to Green; ANZ Group Holdings Posts Higher Fiscal H1 Cash Earnings, Operating Income

Australian shares swung back to positive territory on Friday's close as equities received a boost from earnings season in the US and oil prices eased.The S&P/ASX 200 Index rose 0.74%, or 64 points, to close at 8,729.80.Brent crude oil futures were trading over $111 per barrel. The Strait of Hormuz remained closed, and Iran said it would respond with "long and painful strikes" on US positions if the US renewed attacks.Strong corporate earnings lead to a rally in tech stocks on Wall Street. The US gross domestic product (GDP) increased at a 2% annualized rate last quarter, compared with a 0.5% pace in the fourth quarter, the Commerce Department's Bureau of Economic Analysis said.On the domestic front, Australia's producer prices, excluding exports, increased 0.4% in the March quarter, following a 0.8% rise in the December 2025 quarter, according to data from the Australian Bureau of Statistics.Australia's manufacturing sector returned to expansion in April, though the improvement was outweighed by major supply-chain disruptions and a sharp rise in costs linked to fuel and freight pressures arising from the Middle East conflict, according to a survey by S&P Global.The headline seasonally adjusted S&P Global Australia Manufacturing Purchasing Manager's Index (PMI) rose to 51.3 in April from 49.8 in March.Australia's home value index edged 0.3% higher in April, registering its slowest pace of growth since January 2025 amid declines in Sydney and Melbourne, according to figures from Cotality.In company news, ANZ Group Holdings (ASX:ANZ, NZE:ANZ) reported fiscal first-half cash earnings of AU$1.242 per share, up from AU$1.17 a year earlier. Operating income for the six months ended March 31 was AU$11.2 billion, compared with about AU$11 billion a year earlier. Its shares fell 2% at market close.Coles Group (ASX:COL) sales revenue for the fiscal third quarter was AU$10.7 billion, up from AU$10.38 billion a year earlier. The increase was driven by a 4% growth in the supermarket segment's sales revenue to AU$9.78 billion. Its shares closed up 3%.Lastly, Qantas Airways (ASX:QAN) and its Jetstar unit are set to extend previously disclosed schedule changes across their international and domestic network into the first quarter of fiscal year 2027, aiming to mitigate the impact of significantly higher fuel prices due to the Middle East conflict. Its shares closed up 1%.

ASX 200ASX:ANZASX:COLASX:QANNZE:ANZ

Asia106d ago

Japan Stocks Gain on Intervention Signals, Yen Rebounds

Japanese shares closed higher on Friday, with sentiment supported after Tokyo signaled readiness to step into currency markets to curb volatility driven by speculative moves in crude-linked trades.The Nikkei 225 rose 0.38%, or 228.20 points, to close at 59,513.12.Atsushi Mimura, Japan's vice finance minister for international affairs, said authorities stand ready to respond to market distortions linked to speculative trading in crude oil futures.Japan moved into the currency market on Thursday to support the yen, according to people familiar with the matter, with U.S. officials alerted in advance in line with Group of Seven practices. The yen traded around 157.19 per dollar in Tokyo on Friday morning, after strengthening to 155.57 the previous day from an intraday low near 160.72.In other economic news, Tokyo core inflation slowed to 1.5% in April, marking a fifth straight deceleration and staying below the Bank of Japan's 2% target, while a key underlying gauge eased to 1.9%.Japan's consumer confidence index fell 1.1 points to 32.2 in April, with weaker sentiment on spending and livelihoods, even as 93.6% of households expected prices to rise over the next year.On the corporate front, Marubeni (TYO:8002) fell 4% after reporting an 8.1% rise in annual profit to 543.85 billion yen and forecasting 580 billion yen for the current year.Makino Milling Machine (TYO:6135) rose 5% after MM Holdings dropped its takeover bid following a government recommendation citing national security concerns.Air Water (TYO:4088) slid 14% after the Tokyo Stock Exchange designated its shares as a security on alert and imposed a listing rule violation penalty.

Nikkei 225TYO:4088TYO:6135TYO:8002

Asia106d ago

Beijing Tongrentang's Attributable Profit Slides 19% in Q1

Beijing Tongrentang's (SHA:600085) attributable profit fell 19% to 471.2 million yuan in the first quarter from 582.2 million yuan in the year-ago period, according to a Thursday filing with the Shanghai bourse.Basic earnings per share at the traditional Chinese medicine manufacturer decreased 19% to 0.344 yuan from 0.425 yuan in the prior-year period.Operating revenue declined 12% year over year to 4.66 billion yuan from 5.28 billion yuan.

SHA:600085

Asia106d ago

Humanwell Healthcare's Attributable Profit Rises 9% in Q1

Humanwell Healthcare (SHA:600079) attributable profit rose 8.9% to 588.2 million yuan in the first quarter from 540.3 million yuan in the year-ago period, according to a Thursday filing with the Shanghai bourse.Earnings per share at the drug company increased 9.1% to 0.36 yuan from 0.33 yuan in the prior-year period.Operating revenue slipped year over year to 6.10 billion yuan from 6.14 billion yuan.

SHA:600079

Asia106d ago

Neway Valve's Attributable Profit Jumps 31% in Q1

Neway Valve (Suzhou)'s (SHA:603699) attributable profit rose 31% to 345.2 million yuan in the first quarter from 262.7 million yuan in the year-ago period, according to a Thursday filing with the Shanghai bourse.Basic earnings per share at the industrial valves manufacturer increased to 0.45 yuan from 0.34 yuan in the prior-year period.Operating revenue grew 17% year over year to 1.81 billion yuan from 1.56 billion yuan.

SHA:603699

Asia106d ago

Hoshine Silicon Industry's Attributable Profit Slides 70% in Q1

Hoshine Silicon Industry's (SHA:603260) attributable profit plunged 70% to 77.3 million yuan in the first quarter from 259.7 million yuan in the year-ago period, according to a Thursday filing with the Shanghai bourse.Earnings per share at the silicon-based materials producer decreased 68% to 0.07 yuan from 0.22 yuan in the prior-year period.Operating revenue declined 4.3% year over year to 5.01 billion yuan from 5.23 billion yuan.

SHA:603260

Asia106d ago

Rakon Says Bourns Receives Over 90% Acceptance, Declares Takeover Offer Unconditional

Rakon (NZE:RAK) said Bourns has received acceptances in respect of more than 90% of Rakon shares, satisfying the minimum acceptance condition under its NZ$1.55 per share takeover offer, with Bourns declaring the offer unconditional, according to a Friday New Zealand bourse filing.The company said shareholders and holders of share rights who accepted the offer on or before May 1 will be paid by no later than May 8, while those accepting after May 1 will be paid within five working days of Bourns receiving their acceptance.The offer has automatically been extended under the Takeovers Code and now closes on May 15, given that the minimum acceptance condition was satisfied in the last six working days of the original offer period, the filing added.

NZE:RAK

Asia106d ago

Founder Securities' Attributable Profit Jumps 24% in Q1

Founder Securities' (SHA:601901) attributable profit rose 24% to 1.49 billion yuan in the first quarter from 1.20 billion yuan in the year-ago period, according to a Thursday filing with the Shanghai bourse.Earnings per share at the brokerage increased 20% to 0.18 yuan from 0.15 yuan in the prior-year period.Operating revenue grew 15% year over year to 3.40 billion yuan from 2.96 billion yuan.

SHA:601901

Asia106d ago

GAC's Loss Narrows in Q1

Guangzhou Automobile Group or GAC's (SHA:601238) attributable loss narrowed 10% to 656.3 million yuan in the first quarter from 731.6 million yuan in the year-ago period, according to a Thursday filing with the Shanghai bourse.The automobile manufacturer logged a loss per share of 0.06 yuan, narrower than the 0.07 yuan recorded in the prior-year period.Operating revenue grew 2% year over year to 20 billion yuan from 19.6 billion yuan.

HKG:2238SHA:601238

Asia106d ago

Dongxing Securities' Attributable Profit Slides 7% in Q1

Dongxing Securities' (SHA:601198) attributable profit fell 7% to 353.2 million yuan in the first quarter from 379.8 million yuan in the year-ago period, according to a Thursday filing with the Shanghai bourse.Earnings per share at the securities brokerage decreased 12% to 0.104 yuan from 0.118 yuan in the prior-year period.Operating revenue declined 12% year over year to 913 million yuan from 1.03 billion yuan, after adjustments.

SHA:601198

Asia106d ago

Beijing Sifang Automation's Attributable Profit Jumps 12% in Q1

Beijing Sifang Automation's (SHA:601126) attributable profit rose 12% to 270.7 million yuan in the first quarter from 241.5 million yuan in the year-ago period, according to a Thursday filing with the Shanghai bourse.Earnings per share at the power equipment manufacturer increased 14% to 0.33 yuan from 0.29 yuan in the prior-year period.Operating revenue grew 18% year over year to 2.16 billion yuan from 1.83 billion yuan.

SHA:601126

Asia106d ago

Cinda Securities' Attributable Profit Surges 121% in Q1

Cinda Securities' (SHA:601059) attributable profit rose 121% to 452.3 million yuan in the first quarter from 204.8 million yuan in the year-ago period, according to a Thursday filing with the Shanghai bourse.Earnings per share at the brokerage doubled to 0.12 yuan from 0.06 yuan in the prior-year period.Operating revenue grew 13% year over year to 1.09 billion yuan from 966.5 million yuan.

SHA:601059

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Asia106d ago

Australian Shares Swing to Green; ANZ Group Holdings Posts Higher Fiscal H1 Cash Earnings, Operating Income

ASX 200ASX:ANZASX:COLASX:QANNZE:ANZ