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BrightGene Gets Registration Certificate for Spray for Chronic Obstructive Pulmonary Disease

BrightGene Bio-Medical Technology (SHA:688166) received a drug registration certificate from China's National Medical Products Administration for tiotropium bromide and olodaterol inhalation spray, according to a Shanghai bourse filing on Saturday.The Chinese pharmaceutical company's shares rose 3% at the close of Monday's trade.The drug is used as a long-term maintenance treatment for patients with chronic obstructive pulmonary disease, including chronic bronchitis and emphysema.

SHA:688166

Asia6d ago

Synnex Technology International Unit to Divest Shares in Concentrix

Synnex Technology International's (TPE:2347) subsidiary, Peer Development, will divest its stake in Nasdaq-listed, Concentrix Corp. , according to a Saturday filing with the Taiwan Exchange.The move is aimed at improving the electronic products seller's working capital position via the sale of up to 1.1 milion shares.

TPE:2347

Asia6d ago

Auntea Jenny Sees H1 Profit Rise Up to 60%; Shares Rise 4%

Auntea Jenny (HKG:2589) expects to post profit of 304 million yuan to 325 million yuan for the first half, up about 50% to 60% from 203 million yuan a year earlier.The company attributed the expected earnings growth to the continued execution of its multi-brand strategy, which supported steady expansion of its store network through differentiated brand positioning, according to a Friday Hong Kong bourse filing.Shares of the tea brewer were up 4% in Monday afternoon trade.

HKG:2589

Asia6d ago

Taiwan Sytrene Monomer to Suspend Production at Primary Plant as Losses Mount; Shares Plunge 9%

Taiwan Sytrene Monomer (TPE:1310) will suspend production at its primary styrene monomer plant in an effort to curb mounting losses, reduce cash outflow and preserve capital, according to a Friday filing with the Taiwan Exchange.Shares of the chemicals company slumped over 9% in Monday trading.The decision comes in the background of severe and prolonged downturn for the petrochemical industry.The company has cited sluggish demand, intensifying competition and severe overcapacity as factors that have resulted in lower product prices and heightened operational costs.

TPE:1310

Asia6d ago

Zetrix AI Seeks Listing of Shares Under Dividend Reinvestment Plan

Zetrix AI (KLSE:ZETRIX) has applied to Bursa Malaysia Securities for the listing and quotation of new shares to be issued under its dividend reinvestment plan, according to a Monday Malaysian bourse filing.The plan applies to the entire final single-tier dividend of 0.0289 ringgit per share for the financial year ended Dec. 31, 2025.

KLSE:ZETRIX

Asia6d ago

Market Chatter: Zhongji Innolight Set to Price Hong Kong Offering

Zhongji Innolight (SHE:300308) is set to price its share offering in Hong Kong of about 54.5 million shares at around HK$980 apiece, Bloomberg reported Monday, citing people familiar with the matter.The share listing, the biggest in the city since Alibaba's (HKG:9988) 2019 listing, would be priced below the HK$1,010 maximum price Innolight has been marketing the shares for, Bloomberg said.Should the overallotment option be triggered, the offering could grow to about $7.8 billion, the report said.Innolight did not immediately respond to a request for comment from.(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.)

SHE:300308

Asia6d ago

Xunce Technology Signs AI Data Partnership With Kaihong Digital

Shenzhen Xunce Technology (HKG:3317) signed a cooperation agreement with Shenzhen Kaihong Digital Industry Development to jointly develop AI-powered data infrastructure and tokenization technologies for smart terminal operating systems, according to a Sunday Hong Kong bourse filing.The companies plan to build AI data infrastructure combining operating systems, data governance and industry-specific AI models, while jointly developing applications for sectors including energy, water utilities, agriculture and smart cities.Shares of the information technology company were down more than 2% in Monday afternoon trade.

HKG:3317

US Markets6d ago

Saudi Arabia Trade Surplus Widens in May Amid Rising Oil Exports

Saudi Arabia's merchandise trade surplus widened further to 26.02 billion Saudi riyals in May, as oil exports increased and imports declined, data from the General Authority for Statistics showed Sunday.The surplus surged by 328.8% compared with the previous year and was up from April's revised amount of 22.76 billion riyals.Merchandise exports rose 3.9% year over year to 93.78 billion riyals, with a 19.5% rise in oil sales, lifting the commodity's share of overall exports to 75.6% from 65.7% in May 2025. Machinery, electrical equipment, and parts accounted for 22% of non-oil exports, though the segment's exports plunged by 31.6% compared with the prior year.China was the largest buyer of the kingdom's goods for the month, taking 12.3% of overall exports, followed by South Korea at 9.6% and the United Arab Emirates at 7.5%.Meanwhile, merchandise imports fell 19.5% to 67.76 billion riyals on an annual basis. Machinery and electrical equipment were also Saudi Arabia's top import, at 26.4% of the total, despite falling 28% year on year.China also served as the country's primary source of imports, providing 22% of all goods, with the US and Egypt accounting for 10.7% and 8.4%, respectively.

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Asia6d ago

Kospi Surges 1% on Tech Gains Amid Halt in Middle East Hostilities; Samsung Climbs 2%

South Korean stocks rallied on Monday, led by technology shares, as a halt in Middle East hostilities lifted investor sentiment.The U.S. and Iran paused strikes in recent days, raising hopes of another possible ceasefire and pushing Brent and West Texas Intermediate (WTI) crude prices down nearly 5% after last week's rally. Meanwhile, the U.S. 10-year Treasury yield remained near 4.7% ahead of the Federal Reserve's interest rate decision on Wednesday.The Korea Composite Stock Price Index, or Kospi, increased by 65.13 points, or nearly 1%, to end at 6,755.75. The Kosdaq also rose by 16.64 points, or 2.2%, to close at 764.86.In corporate news, Samsung Electronics (KRX:005930) signed a memorandum of understanding with U.S.-based semiconductor and infrastructure software firm Broadcom worth $200 billion, the South Korean chipmaker said in a press release on Saturday.The agreement is expected to broaden their partnership in memory and foundry operations to support next-generation AI infrastructure.Shares of Samsung Electronics added nearly 2% at market close.In other news, SK Group, the parent of SK Hynix (KRX:000660), signed a memorandum of understanding with U.S.-based chipmaker Nvidia to secure and co-develop next-generation AI memory, Nvidia said in a press release on Friday.The two companies will jointly develop and optimize next-generation AI memory, including high-bandwidth memory (HBM), for AI infrastructure spanning large language models, agentic AI and physical AI, according to the release.Shares of SK Hynix increased more than 3% at market close.Additionally, Naver (KRX:035420), Nvidia, and private-equity firm Brookfield proposed expanding South Korea's sovereign AI factory infrastructure by increasing the planned Nvidia DSX AI factory deployment to 200 megawatts from the 55-megawatt project announced in June, Nvidia said in a press release on Friday.The expanded facility will be built at Naver's GAK Sejong hyperscale data center in South Korea's Sejong. Nvidia plans to invest $1 billion in Naver, while Brookfield signed a non-binding term sheet to provide up to $9 billion in funding, with Naver financing the balance.Shares of Naver jumped nearly 9% at market close.

^KOSDAQKOSPIKRX:000660KRX:005930KRX:035420

Asia6d ago

CXMT Closes 466% Higher in Shanghai Debut

ChangXin Memory Technologies (SHA:688825) or CXMT closed at 49.00 yuan per share on its first day of trading on the Shanghai Stock Exchange.This marked a jump of 466% from the chipmaker's initial public offering price of 8.66 yuan per share.CXMT is now the most valuable stock in China, according to FactSet data. Previously it was Contemporary Amperex Technology (SHE:300750) or CATL in Shenzhen and Industrial and Commercial Bank of China (SHA:601398) or ICBC in Shanghai.

SHA:601398SHA:688825SHE:300750

Asia6d ago

Nomura Adjusts Pharmaron Beijing's Price Target to 46.16 Yuan From 35.53 Yuan, Keeps at Buy

Pharmaron Beijing (SHE:300759) has an average rating of overweight and mean price target of 36.79 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:300759

Asia6d ago

Nomura Adjusts Pharmaron Beijing's Price Target to HK$32.20 From HK$27.33, Keeps at Buy

Pharmaron Beijing (HKG:3759) has an average rating of buy and mean price target of HK$29.89, 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)

HKG:3759

Asia6d ago

Nomura Adjusts Jiangsu Hengrui Pharmaceuticals' Price Target to HK$82.18 From HK$87.49, Keeps at Buy

Jiangsu Hengrui Pharmaceuticals (HKG:1276) has an average rating of overweight and mean price target of HK$81.15, 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)

HKG:1276

Asia6d ago

Nomura Adjusts Sichuan Kelun-Biotech Biopharmaceutical's Price Target to HK$612.66 From HK$544.42, Keeps at Buy

Sichuan Kelun-Biotech Biopharmaceutical (HKG:6990) has an average rating of buy and mean price target of HK$577.55, 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)

HKG:6990

Research6d ago

Nomura Starts ChangXin Memory Technologies at Buy With 116 Yuan Price Target

SHA:688825

Equities6d ago

TotalEnergies to Appeal Paris Court Ruling in Climate Vigilance Case

TotalEnergies (TTE.PA, TTE.L) said Monday it will appeal a June 25 judgment by the Paris Judicial Court in proceedings brought under France's duty of vigilance law.The French energy company will argue before the Paris Court of Appeal that the law does not extend to risks arising from customers' use of its products because those activities are beyond the company's control. It also noted that customers' activities are not covered by the European Corporate Sustainability Due Diligence Directive.

$TTE.L$TTE.PA

Asia6d ago

Taiwan Sakura Clarifies Report About NT$1 Billion Investment in Smart Manufacturing Facility

Taiwan Sakura (TPE:9911) clarified a media report that it plans to invest NT$1.03 billion in a smart manufacturing facility in Taichung, saying the reported project refers to the ongoing demolition and reconstruction of its Wuri North factory.The consumer electronics company's board approved the NT$638.8 million reconstruction contract in May 2025, with the contract signed in January 2026, according to a Monday Taiwan Exchange filing.Taiwan Sakura said additional investments in production lines and other capital expenditures remain under planning and will be announced when implemented.

TPE:9911

Asia6d ago

LTM Partners With Cognition to Expand AI Cybersecurity Services

LTM (NSE:LTIM, BOM:540005) has partnered with Cognition, the developer of AI software engineering agent Devin, to deliver AI-powered cybersecurity services for financial institutions, according to a Monday exchange filing.The partnership integrates Devin into LTM's BlueVerse RightLogic platform to automate vulnerability detection and remediation.The companies will jointly offer AI security remediation, application modernization, software lifecycle automation, technology transformation and database migration services.

BOM:540005NSE:LTIM

Asia6d ago

Toyota Motor to Become Co-Owner in Fuel Cell System Developer Cellcentric

Toyota Motor (TYO:7203) will become a shareholder in Cellcentric following a deal with co-owners The Volvo Group and Daimler Truck, according to a Monday release.Each of the owners will hold a third of the fuel cell system developer and manufacturer's shares.The owners will collaborate on equal terms to boost the company's leading technological position, industrial scale, and competitiveness.The partnership also looks to promote development in the hydrogen industry.The transaction comes after a nonbinding agreement signed in March.The parties expect to complete the deal by the end of 2026 or the start of 2027, subject to regulatory approvals.

TYO:7203

Asia6d ago

Update: Market Chatter: Kogan.com Allegedly Using Higher Prices on 'Clone' Website as Comparison Point for Discounts

(Updates to add Kogan.com's response in the fourth paragraph)Kogan.com (ASX:KGN) runs a secondary "clone" website called Exclusive Brands where it sells its products at prices that are considerably higher than its flagship website, ABC News reported Monday.The secondary website has been running for years, and the company appears to be using prices on Exclusive Brands as a point of comparison for discounts it offers on the primary website, according to the report."Kogan.com only advertises [a standard retail price] as a reference price where that price has been offered on kogan.com itself for a reasonable time and within a recent period of time," the report quoted the company as saying in a statement.In a response statement to the report, the company said that its Exclusive Brands website focuses solely on its exclusive brands, "without any focus on third-party branded products or marketplace items."(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.)

ASX:KGN

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Asia6d ago

Kospi Surges 1% on Tech Gains Amid Halt in Middle East Hostilities; Samsung Climbs 2%

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