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Haisco Pharmaceutical Group Gets China Clinical Trial Nod for Inflammatory Bowel Disease Tablets

China's drug regulator approved Haisco Pharmaceutical's (SHE:002653) clinical trial for its HSK47388 tablets, according to a Thursday disclosure to the Shanghai bourse.The tablets are indicated for inflammatory bowel disease, including ulcerative colitis and Crohn's disease.

SHE:002653

Asia60d ago

China Resources Pharma Unit Sells 1.5 Billion Yuan Bonds

China Resources Pharmaceutical (HKG:3320) unit China Resources Pharmaceutical Holdings completed the issue of 1.5 billion yuan of corporate bonds to qualified investors in China, according to a Thursday Hong Kong bourse filing.The bonds carry a coupon rate of 1.65% per annum and will fall due in three years.The unit will use proceeds for corporate debt repayment, working capital replenishment, project development and operation expenditures, certain investments, and other purposes.

HKG:3320

Asia60d ago

HDFC Bank Approves Up to INR10 Billion Investment in HDFC Life

HDFC Bank (NSE:HDFCBANK, BOM:500180) approved an investment of up to 10 billion Indian rupees in HDFC Life Insurance (NSE:HDFCLIFE, BOM:540777) through a preferential issue of equity shares, according to a Thursday filing on Indian bourses.The investment will be made in one or more tranches, the filing said.

BOM:500180BOM:540777NSE:HDFCBANKNSE:HDFCLIFE

Sectors60d ago

Sector Update: Tech

Technology stocks were steady premarket Thursday, with the State Street SPDR S&P Semiconductor ETF (XSD) inactive and the State Street Technology Select Sector SPDR Fund (XLK) marginally advancing.Taiwan Semiconductor Manufacturing (TSM) stock was down more than 2% even after the company posted higher Q1 earnings and net revenue.

$TSM

Asia60d ago

Ashoka Buildcon Raises INR1 Billion Through Issue of Commercial Papers

Ashoka Buildcon (NSE:ASHOKA, BOM:533271) has raised 1 billion Indian rupees by issuing commercial papers at a coupon rate of 7.25%, according to a Thursday filing to the Indian stock exchanges.The commercial papers will mature on July 14 and will be listed on BSE, the filing said.

BOM:533271NSE:ASHOKA

Asia Markets60d ago

Saudi Shares End Week Lower; Jarir Marketing Gains

The Tadawul All Share Index closed the week lower at 0.30% in the red on Thursday as market watchers tuned in to the latest updates on geopolitical conflicts between the US and Iran, as well as Ukraine and Russia.Reuters reported, citing sources in Pakistan, that the Iran-US war might end soon as "sticky issues" regarding its previous failed deal have made progress. The foreign ministry of Pakistan also confirmed that both sides are willing to continue negotiations, with the US side saying that talks were "productive and ongoing.""US-Iran talks may resume in Pakistan this weekend after previous discussions stalled, although no date has been set yet. The Trump administration expressed optimism on Wednesday about resolving the conflict; President Trump stated in an interview with Fox News that the Iran war is 'almost over'," Danske Bank said in a note.On the other hand, dampening sentiment is Russia's newest attack in Ukraine. The strikes in Kyiv and Odesa resulted in casualties, injuries, and property damage.Back at home, Jarir Marketing (SASE:4190) shares gained 2.77% as it logged an estimated 16.658% annual increase in attributable net profit and a 14.371% rise in revenue in the first quarter.Meanwhile, Cherry Trading Co. (SASE:4265) entered a 36-month leasing contract for 275 vehicles. Shares of the car rental and leasing company closed 0.16% lower.

^TASISASE:4190SASE:4265

Research60d ago

Research Alert: Key: Q1 Earnings Beat As Recovery Continues

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:KeyCorp (KEY) posted solid Q1 2026 results with operating EPS of $0.44 vs. $0.33 a year ago, beating consensus by $0.03. Revenue of $1.95B beat consensus by 1% but declined 3% sequentially, with investment banking fees of $197M showing 13% Y/Y growth despite 19% Q/Q decline due to seasonality. The strong performance reflects successful execution of KEY's turnaround strategy, driven by net interest margin expansion and improved operational efficiency. Management maintains its goal of achieving 15%+ return on tangible common equity by year-end 2027. Net interest income grew 11% Y/Y as net interest margin expanded 29 basis points to 2.87%, benefiting from deposit beta management and reinvestment of low-yielding securities. Credit quality remained healthy with net charge-offs at 38 basis points and a strong allowance coverage ratio of 1.60%. KEY accelerated capital deployment with $389M in share repurchases while maintaining a robust CET1 ratio of 11.4%, and ROTCE improved 59 basis points Q/Q to 13.0%.

$KEY

Mining & Metals60d ago

Kingfisher Metals Outlines New Drill Target at HWY 37 Project in British Columbia

Kingfisher Metals (KFR.V) said Thursday it has delineated a new porphyry drill target at the Turquoise target area within the HWY 37 Project, in the Golden Triangle, British Columbia.The latest interpretation of updated geophysical inversion datasets highlight a "compelling" new subsurface target characterized by a 0.5 km by 2.0 km chargeability anomaly, the company said, adding that the target is near-surface and drill ready."The Turquoise target is a direct result of our systematic exploration approach, which continues to unlock new opportunities across this underexplored yet highly prospective region of the Golden Triangle. The target is located within the emerging Hank-Mary district and only ~6 km from existing infrastructure. Turquoise represents a compelling new drill target that we're excited to test this summer as we continue to build a strong pipeline of high-quality targets across the HWY 37 Project," said chief executive Dustin Perry.Kingfisher Metals closed unchanged at $0.78 on the TSX Venture Exchange on Wednesday.

$KFR.V

International60d ago

April Philadelphia Fed Manufacturing Index Rises More Than Expected

The Philadelphia Federal Reserve's monthly manufacturing index rose further to 26.7 in April after increasing to 18.1 in March, compared with expectations for a decline to a reading of 10 in a survey compiled by Bloomberg.There were increases in the readings for new orders, shipments and prices received.The prices paid measure increased to 59.3 from 44.7, with more than 61% of respondents still experiencing higher prices compared with only about 2% that reported paying lower prices.

Research60d ago

Janney Initiates Pvt Bancorp America at Buy With $80 Price Target

$PBAM

Research60d ago

SNB Capital Cuts Elm Co. PT, Keeps Overweight Rating

SNB Capital on Wednesday lowered its price target for digital services company Elm Co. (SASE:7203) to 700 Saudi riyals from 1,220 riyals, with an unchanged overweight rating.(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://www..com/contact-us)

SASE:7203

Research60d ago

Kepler Cheuvreux Upgrades Unite Group to Buy, Lifts PT

Kepler Cheuvreux on Thursday upgraded student accommodation company Unite Group (UTG.L) to buy from hold and raised its price target to 5.85 pounds sterling from 5.50 pounds.(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://www..com/contact-us)

$UTG.L

Research60d ago

UBS Downgrades Gitlab to Neutral From Buy, Adjusts Price Target to $24 From $44

Gitlab (GTLB) has an average rating of overweight and mean price target of $33.54, 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://www..com/contact-us)

$GTLB

Research60d ago

Al Rajhi Capital Downgrades BinDawood Holding to Underweight

Al Rajhi Capital on Wednesday lowered grocery retailer BinDawood Holding (SASE:4161) to underweight from neutral, while maintaining its price target at 4.50 Saudi riyals.(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://www..com/contact-us)

SASE:4161

Research60d ago

Sadif Downgrades Tasnee to Hold Rating, Reduces PT

Sadif Investment Analytics on Wednesday downgraded petrochemical company National Industrialization Co. (SASE:2060), d/b/a Tasnee, to hold from buy and decreased its price target to 9.575 Saudi riyals from 11.02 riyals.(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://www..com/contact-us)

SASE:2060

Research60d ago

CI Capital Holdings Boosts Ades Holding PT, Keeps Overweight Rating

CI Capital Holdings on Wednesday decreased the price target for Saudi drilling services company Ades Holding (SASE:2382) to 24.50 Saudi riyals from 18.00 riyals, while maintaining its overweight rating.(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://www..com/contact-us)

SASE:2382

Equities60d ago

UBS Adjusts Price Target on Gulfport Energy to $245 From $260, Maintains Buy Rating

Gulfport Energy Corp (GPOR) has an average rating of overweight and mean price target of $244.46, 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://www..com/contact-us)

$GPOR

Research60d ago

Fearnley Securities Downgrades Vestas to Hold, Lifts PT

Fearnley Securities on Thursday downgraded wind turbine manufacturer Vestas Wind Systems (VWS.CO) to hold from buy and raised the price target to 203.00 Danish kroner from 202.00 kroner.(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://www..com/contact-us)

$VWS.CO

Research60d ago

Morgan Stanley Initiates Kalaris Therapeutics at Overweight

Kalaris Therapeutics (KLRS) has an average rating of buy and mean price target of $19.50, 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://www..com/contact-us)

$KLRS

Research60d ago

SB1 Markets Kicks Off ABB Coverage with Buy Rating

SB1 Markets on Wednesday initiated its coverage of electrification and automation company ABB (ABBN.SW, ABB.ST) with a buy rating and a price target of 950 kronor.(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://www..com/contact-us)

$ABB.ST$ABBN.SW

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