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Han's CNC Technology Profit Surges 177% in Q1

Shenzhen Han's CNC Technology (HKG:3200, SHE:301200) recorded an attributable profit of 322.9 million yuan in the first quarter of 2026, up 177% from 116.8 million yuan a year prior, according to a Monday Hong Kong bourse filing.Earnings per share for the three months increased to 0.71 yuan from 0.28 yuan previously.Revenue soared 104% to 1.96 billion yuan from 959.8 million yuan in the year-ago period.

HKG:3200SHE:301200

S&P/TSX CompositeS&P/TSX Composite$CXY

Brief: Canada's CPI Excluding Gasoline at 2.2% in March Vs. 2.4% Y/Y in February

S&P/TSX CompositeS&P/TSX Composite$CXY

Brief: Canada's March CPI at 0.9% M/M Non-Seasonally Adjusted; at 0.5% M/M Seasonally Adjusted

New Found Gold Up In US Premarket As Announces $205M Funding Package to Advance Queensway Project

New Found Gold (NFG.V) was at last look up 1.6% in US Premarket trade Monday after announcing a $205 million finance package made up of a $100 million bought deal shares financing with lead orders from EdgePoint Investment Group and cornerstone investor Eric Sprott and a $105 million senior secured credit facility with EdgePoint.In a statement it said proceeds will be used to advance the Queensway gold project in Newfoundland.The company will issue 33.8 million shares at $2.96 each, to raise $100 million. The underwriters have also been granted a 15% over-allotment option.New Found Gold has also sealed a deal with EdgePoint for a secured credit facility of up to $105 million. The funds will be advanced in two tranches: $70 million and $35 million. Both tranches will be released when certain conditions are met.In return, New Found Gold will issue non-transferable share purchase warrants to EdgePoint totalling US$9 million: US$6 million worth of warrants will be issued on Tranche 1, which will be exercisable for 2.5 million shares at $3.30 each. The Tranche 2 warrants, totalling US$3 million will be exercisable for shares at a price equal to a 25% premium to the closing price of the shares on the TSX Venture immediately before the Tranche 2 funding date.New Found Gold says the $205 million funding package covers the initial capital expenditures required to bring its flagship Queensway Gold Project-Phase I into production. It added that it will not proceed with the US$75 million secured loan facility and warrants issue with Nebari Natural Resources Credit Fund II, announced in early March.New Found Gold closed up $0.09 or 3.1% to $2.96, on the TSX Venture Exchange on Friday.

$NFG.V$SII.TO

S&P/TSX CompositeS&P/TSX Composite$CXY

Brief: Canada's CPI at 2.4% Y/Y in March; Scotiabank Says Consensus Saw at 2.6% Y/Y

CSPC Pharma Unit's Tumor Drug Reaches Primary Efficacy Endpoint

CSPC Pharmaceutical (HKG:1093) said the phase Ib/III clinical study of Sirolimus for Injection (Albumin-bound) met its pre-specified primary efficacy endpoint, showing statistically significant differences and clear clinical benefits, according to a Monday Hong Kong bourse filing.The drug was developed by CSPC Zhongqi Pharmaceutical Technology (Shijiazhuang), a unit of the company for the treatment of advanced malignant perivascular epithelioid cell tumour.

HKG:1093

MDA Space Up In US Premarket As Contracted By Airbus For Repeat Order of Antennas For OneWeb Constellation Extension

MDA Space (TSX and NYSE: MDA), a provider of advanced technology and services to the rapidly expanding global space industry, was at last look up 1.3% in US premarket trade Monday after saying it has been selected by Airbus to design and build more than 880 Ka-band steerable antennas and 440 Ku-band user replacement antennas for the OneWeb low Earth orbit (LEO) constellation owned by the global operator Eutelsat. No financial details were given.In a statement MDA added this award follows an initial order to supply close to 2,000 antennas to the constellation, the second largest in lower Earth orbit with approximately 650 satellites, given to MDA Space by OneWeb in 2016.Shares in MDA were down in both Canada and the United States last Friday, albeit from 52 week high levels in both cases.

$MDA.TO

ICBC Sells 30 Billion Yuan Bonds

Industrial and Commercial Bank of China (HKG:1398, SHA:601398) or ICBC completed the issue of 30 billion yuan of undated bonds in the National Interbank Bond Market, according to a Monday Hong Kong bourse filing.The bonds have a distribution rate of 2.01% during the first five years, after which it will be adjusted every five years.The firm will have conditional redemption rights on each distribution payment date from the fifth anniversary.The lender will use the proceeds to replenish its additional tier 1 capital.

HKG:1398SHA:601398

Billionbrains Garage Ventures' Consolidated Profit Doubles in Fiscal Q4

Billionbrains Garage Ventures' (NSE:GROWW, BOM:544603) consolidated attributable profit more than doubled to 6.86 billion Indian rupees in the fiscal fourth quarter ended March 31, from 3.09 billion rupees a year ago.Earnings per share climbed to 1.09 rupees from 0.54 rupees a year earlier, according to a filing to the Indian bourses on Monday.Revenue from operations of the parent company of digital investment platform Groww also jumped to 15.1 billion rupees from 8.01 billion rupees a year ago.

BOM:544603NSE:GROWW

Jaguar Mining's Q1 Gold Production Steady YoY

Jaguar Mining (JAG.TO) said Monday that its gold production remained steady year over year in the first quarter.The company produced 9,629 ounces of gold in the three months ended March 31, compared with 9,924 ounces produced a year ago.Gold sales totaled 9,146 ounces compared with 9,544 ounces in the previous year.During the quarter, Jaguar said it resumed operations at the Turmalina complex in Brazil after all regulatory embargoes related to the Satinoco tailings pile event were lifted. The mine contributed about 9% of the company's gold production.Meanwhile, Jaguar said it benefited from favorable gold prices, which averaged US$4,876 per ounce in the quarter.Following the results, Jaguar said it is well-positioned to meet its 2026 gold production guidance of 50,000-60,000 ounces.

$JAG.TO

Scotiabank Previews Monday's CPI Data in Canada

Canada updates the consumer price index for March at 8:30 a.m. ET on Monday, said Scotiabank.Consensus sits at 1.1% month-over-month seasonally unadjusted (NSA), noted the bank, which estimates a 0.9% figure.The range is from 0.9-1.3%, pointed out Scotiabank. Estimates for the year-over-year rate run from 2.4% (Scotiabank) to 2.8%, with a median of 2.6%.Analysts are all high with slight variations on a gasoline-and fuel-driven spike as the main driver of the month-over-month gain, plus typical seasonality, stated the bank. The year-over-year rate is also buoyed by resetting the base effect from last April's elimination of the consumer portion of the carbon tax.The soft patch on core inflation measures was viewed as probably temporary even before the Iran war and the potential pass-through of higher commodities entered the picture, added Scotiabank. Core industrial prices were already surging and led core CPI inflation.The dip in core measures over recent months is hardly unprecedented-- early 2024 was another such period, according to the bank. The measures aren't all aligned as the traditional core has often been "warmer."

$CXY

Research60d ago

Deutsche Bank Downgrades Westlake to Hold From Buy, Lifts Price Target to $120 From $115

Westlake (WLK) has an average rating of overweight and mean price target of $120.25, 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)

$WLK

Equities60d ago

Yara International Names New Chairman

Yara International (YAR.OL) named Helge Lund as its new chairman, succeeding Trond Berger, according to a Monday release.Lund, who previously served as chairman of BP (BP.L) and Novo Nordisk (NOVO-B.CO), will assume the role following the Norwegian crop nutrition and ammonia group's annual general meeting on May 12.

$BP.L$NOVO-B.CO$YAR.OL

MDA Space Contracted By Airbus For Repeat Order of Antennas For OneWeb Constellation Extension

$MDA.TO