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ZGC Sci-Tech Leasing Buys to Lease Back Assets; Shares Slip 3%

Zhongguancun Science-Tech Leasing (HKG:1601) will buy to lease back certain assets from Guangzhou Arrowhead Information Technology for 20 million yuan, according to a Thursday Hong Kong bourse filing.Shares of the leasing company were down over 3% in Friday afternoon trading.The company will then lease the assets, comprising computers and other computing devices, back to the lessee for 36 months, with a total finance lease payment of 22.1 million yuan.

HKG:1601

Commodities1d ago

Asia Biofuels Update: Palm Oil Up on Rising Biofuel Demand

Malaysian palm oil futures were steady to higher on Friday, bringing weekly gains to around 0.5%, as Indonesia's biofuel policy continued to progress, offsetting weak export demand in Malaysia.The Bursa Malaysia Derivatives' October crude palm oil contract was largely unchanged at 4,768 Malaysian ringgit ($1,181.40) per metric ton. The November contract firmed 0.10% to 4,909 ringgit/mt.The implementation of Indonesia's higher 50% biodiesel blend reportedly reached 75% to 80% of all fuel stations as of Aug. 31, with nationwide availability targeted by Oct. 1.Higher biofuel demand could reduce exportable supplies, especially as drought-driven supply risks mount. Indonesian palm oil association Gapki projected the nation's 2027 output to decline to 56.8 million metric tons from the 2026 outlook of 58.5 mmt, media outlets reported.In Malaysia, a developing El Nino weather phenomenon could also curb output, although current rainfall due to the monsoon may limit potential impact.August shipments from Malaysia reportedly fell between 6.5% and 14.9% from a month earlier, based on cargo surveyor estimates. Demand weakened as buyers turned to cheaper soybean oil, while a stronger ringgit further dampened palm oil attractiveness.Subdued export demand could further lift domestic stockpiles, which have already risen to a five-month high in July. The Malaysian Palm Oil Board is set to release monthly data on Sep. 10.While there is near-term market support, "future focus should be on the realization of Indonesia's production figures, the implementation timeline of the B50 policy, and changes in Malaysian palm oil export data," price reporting agency MySteel said.

Asia1d ago

Market Chatter: Citigroup Expects China Brokerage Nod in September

Citigroup expects it will receive regulatory approval from Beijing for its wholly-owned brokerage operations in China as soon as within September, Reuters reported Friday, citing two people with knowledge of the matter.The approval could come around the time of Chinese President Xi Jinping's meeting with U.S. President Donald Trump in Washington, according to the report.Citi 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.)

Shanghai Composite^SZSE

Asia1d ago

Japanese Stocks Rise Ahead of US Jobs Data as Rate Hike Fears Ease; Oil Gains

Japanese stocks gained ahead of US job data as investor sentiment improved and fears of a Federal Reserve interest rate hike eased.The benchmark Nikkei 225 closed up 806.46 points, or 1.26%, at 65,020.94.Oil prices extended gains even as US-Iran peace talks to end the Middle East conflict and reopen the Strait of Hormuz progressed.On the corporate side, Sumitomo (TYO:8053) completed its 80 billion yen share buyback, repurchasing 47.7 million common shares, according to a Tokyo Bourse filing on Friday.Also, NEC (TYO:6701), SB Payment Service and SB C&S have entered a partnership on facial recognition payment for the PayCas multi-payment service, according to a Friday release.

Nikkei 225TYO:6701TYO:8053

Asia1d ago

InSilico Medicine Chairman Earmarks HK$16 Million to Boost Shareholding

InSilico Medicine (HKG:3696) Chairman Aleksandrs Zavoronkovs plans to purchase additional shares of the company this month, allocating up to HK$16 million, according to a Friday bourse filing.Zavoronkovs will purchase the shares in the secondary market using his personal funds, the biotech firm said.

HKG:3696

Insider Trading1d ago

Spyre Therapeutics Insider Sold Shares Worth $2,283,821, According to a Recent SEC Filing

Scott L Burrows, Chief Financial Officer, on September 01, 2026, sold 25,732 shares in Spyre Therapeutics (SYRE) for $2,283,821. Following the Form 4 filing with the SEC, Burrows has control over a total of 79,762 common shares of the company, with 79,762 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1636282/000163628226000109/xslF345X05/wk-form4_1788485622.xml

$SYRE

Insider Trading1d ago

Spyre Therapeutics Insider Sold Shares Worth $1,309,410, According to a Recent SEC Filing

Cameron Turtle, Director, Chief Executive Officer, on September 01, 2026, sold 15,000 shares in Spyre Therapeutics (SYRE) for $1,309,410. Following the Form 4 filing with the SEC, Turtle has control over a total of 552,540 common shares of the company, with 552,540 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1636282/000163628226000107/xslF345X05/wk-form4_1788485583.xml

$SYRE

Asia1d ago

Ittetsu Mining Sees Delay in Start of Production at Chile Copper Mine

Nittetsu Mining (TYO:1515) expects a delay in the start of production at its Arqueros copper mine project in Chile, citing continued rainfall in August, according to a Tokyo bourse filing on Friday.The company had earlier scheduled production to begin between July and September, but rainfall has disrupted transport of personnel, materials and equipment, preventing full restoration of construction at the copper concentrate plant.Nittetsu also faced longer‑than‑expected procedures to secure power supply.However, the rainfall has not materially impacted the mining area itself, except for disruptions to the transportation of personnel, the company said.

TYO:1515

Commodities1d ago

Tropical Storm Warnings End But Dangerous Heat In Central, Eastern US Persists: NWS

Strong to severe thunderstorms are a risk from the Upper Ohio Valley into the Mid-Atlantic on Friday, bringing damaging winds while a blanket of dangerous heat is persisting from the center-south to the Midwest and Mid-Atlantic, the US National Weather Service said on Friday.A red flag warning for dangerous heat spanned some or all of Kentucky, Indiana, Illinois, Iowa, Missouri, Kansas. Affected municipalities were Kewanee, Peoria, Galesburg, Burlington, Canton, Bloomington, Danville, Champaign, Lincoln, Havana, Macomb, Decatux, Quincy, Jacksonville, Taylorville, Carlinville, Vandalia, Effingham, Salem, Olney, Concordia, Manhattan, Topeka, Emporia, St. Louis, Mount Vernon, Carbondale, Evansville, Petersburg, Owensboro, Madisonville, Cape Girardeau, Sikeston, Poplar Bluff, Mayfield, Hopkinsville, Centerville, Iowa City, Davenport, Princeton and Keokuk.Power providers across this large zone include Ohio Edison, AEP Ohio, AES Indiana (AES), Duke Energy (DUK), LG&E and KU, CenterPoint Energy (CNP), Kentucky Power, Potomac Edison, Appalachian Power Company, Georgia Power, Alabama Power, Entergy Arkansas (ETR) and Entergy Mississippi.Warnings related to Tropical Storm Edouard ended by Friday after the storm peaked around the middle of the week.

$AES$CNP$DUK$ETR

Insider Trading1d ago

Takeda Pharmaceutical Insider Sold Shares Worth $2,148,372, According to a Recent SEC Filing

Andrew Stewart Plump, Director, President, Research and Development, on September 02, 2026, sold 116,191 shares in Takeda Pharmaceutical (TAK) for $2,148,372. Following the Form 4 filing with the SEC, Plump has control over a total of 912,034 American depositary shares of the company, with 766,569 shares held directly and 145,465 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1395064/000139506426000335/xslF345X05/wk-form4_1788486556.xml

$TAK

Asia1d ago

FSPG Hi-Tech to Raise Two Project Companies' Capital to Fund Separator Film Projects

FSPG Hi-Tech (SHE:000973) plans to raise capital of two project companies controlled by its subsidiary, Hebei Gellec New Energy Technology, for the construction of two projects, according to a Shenzhen bourse filing on Friday.The project companies, Shaoguan Gellec New Energy and Wu'an Gellec New Energy, were created to construct and manage two separator film projects, which respectively have an investment worth 3.35 billion yuan and 3.81 billion yuan.Both Wu'an Gellec's and Shaoguan Gellec's capital will be raised by 980 million yuan each. Both of their registered capital will rise by 1 billion yuan each.

SHE:000973

Oil & Energy1d ago

EMEA Oil Update: Crude Steady as Middle East Escalation Threatens Oil Flows

(We now track Dubai First Line (Platts) energy futures as Adnoc phases out Murban.)Crude benchmarks were steady on Friday as tit-for-tat strikes between the US and Iran threatened to reverse the recovery of oil flows through key regional chokepoints.Brent crude futures were steady at $95.53 per barrel, while Dubai First Line Futures (Platts) eased 0.1% to $84.05/bbl, with both benchmarks headed for a weekly gain."Oil prices are still holding most of their recent gains, but those could prove fragile," ING analysts said.On the geopolitical front, Iran's military reportedly stated it targeted US bases in Kuwait and the UAE, prompting Kuwaiti authorities to report responses to incoming missile and drone threats."The tit-for-tat exchange of strikes is raising concerns of a reversal of the recent recovery in oil flowing through the Strait of Hormuz," ANZ analysts said.Commercial vessel traffic through the Strait of Hormuz remained subdued on Thursday amid continued disruption at one of the world's key energy chokepoints.UK Maritime Trade Operations reported one confirmed attack during the 48-hour reporting period, involving a Saudi oil tanker."The oil market has been operating under the assumption that the impact of the conflict on oil flows has peaked and that a peace deal would eventually see exports back to normal before the year's end. The prosect of an extended conflict will keep the oil flow constrained for the foreseeable future," ANZ analysts added.

Asia1d ago

Auto Industry Group Asks US Congress to Legislate Ban on Chinese Cars

An automotive industry association called on the U.S. Congress to legislate a ban on Chinese cars from entering the country before the end of 2026, according to a Thursday press release.The Alliance for Automotive Innovation cited security concerns related to "dumping" of government-subsidized vehicles from China with software that collect and transmit data to the Communist Party, according to a letter from CEO John Bozzella to the U.S. Congress.The permanent ban is seen to "send a clear and bipartisan message that China's strategy to dominate global automotive manufacturing will be met with a national security policy response from the American government," according to the letter.

Shanghai Composite^SZSE

Asia1d ago

Golden Faith's Chair Offloads Entire Shareholding through Placing; Shares Surge 8%

Golden Faith's (HKG:2863) Chairman Ko Chun Hay Kelvin completed the placing of 119.6 million, or 17.34%, shares he holds in the company, according to a Thursday Hong Kong bourse filing.Shares of the electrical and maintenance engineering services company were up over 8% in Friday afternoon trading.The chair no longer holds any shares in the company.

HKG:2863

Asia1d ago

Market Chatter: South Korea in Talks With US Over Proposed Semiconductor Investments

South Korea is in talks over its proposed semiconductor investments in the United States as part of broader bilateral talks with Washington, Reuters reported Friday, citing a Seoul presidential official.The talks come amid uncertainty over potential US tariffs on chips and their impact on the investment negotiations between the two countries.The deal includes $350 billion worth of South Korean investments in chip manufacturing in the US, with tariff rates "no less favorable" than terms offered to any other competitor, the report said.(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.)

KOSPI

Asia1d ago

Sichuan Expressway Eyes Listing of Quasi REITs on Shanghai Bourse

Sichuan Expressway (HKG:0107, SHA:601107) is proposing to launch up to 12 billion yuan of Quasi REITs on the Shanghai stock exchange in September, according to a Thursday Hong Kong bourse filing.Shares of the expressway operator were up 1% in Friday afternoon trading.The quasi REITs are being launched with a view to invest in and securitise an underlying asset portfolio held by units of the company.The move, subject to shareholder approval, comes to raise funds for business operations and development.

HKG:0107SHA:601107

Asia1d ago

Youkeshu Signs Five-Year Computing Power Lease Agreement for 922 Million Yuan

Youkeshu Technology (SHE:300209) signed a five-year computing power lease agreement with an unnamed listed company for 921.6 million yuan, according to a Friday filing with the Shenzhen bourse.The agreement comprises equipment procurement, installation, commissioning, acceptance, and delivery, the filing said.

SHE:300209

Asia1d ago

NBTM New Materials Establishes Subsidiary for 700-Million-Yuan Tech Project; Shares Down 3%

NBTM New Materials (SHA:600114) subsidiary Guangdong NBTM Huajing Technology has been officially registered in Dongguan, marking progress on its 700-million-yuan technology base project.Guangdong NBTM Huajing Technology, with registered capital of 150 million yuan, will focus on metal injection molding technology, new materials research and development, and precision manufacturing.The project includes 600 million yuan in fixed asset investment for facilities and equipment.Shares of the powder metallurgy machinery parts manufacturer were down 3% in recent trade.

SHA:600114

Asia1d ago

Dynamic Map Platform Records 47 Million Yen Subsidy Income; Shares Down 14%

Dynamic Map Platform (TYO:336A) has recognized 47 million yen as subsidy income and recorded it as non-operating income, according to a Friday filing with the Tokyo Stock Exchange.The income recognition was due to the company's subsidy recipient status for a 3D map data project by Japan's Ministry of Economy.The figure is the difference between the finalized total subsidy amount of 301 million yen and the previously recognized advance payments of 254 million yen.The company received a notice of the subsidy amount's final determination on Thursday. The company has incorporated the non-operating income into its previously announced forecast for the fiscal year ending March 2027.Shares of the digital mapping company fell 14% in recent trade.

TYO:336A

Asia1d ago

Market Chatter: Chery Auto to Test Solid-State Batteries in Vehicles in 2027

Chery Automobile (HKG:9973) plans to start testing its solid-state batteries in vehicles in 2027 and invest 10 billion yuan over the next two years to develop the technology, South China Morning Post reported Thursday, citing National Business Daily.Chery Chairman Yin Tongyue said the company plans to deploy 1,200 engineers on solid-state battery development. Its solid-state batteries would have an energy density of 400 watt-hours per kilogram, according to the report.(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:9973

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