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Jiu Han System Technology Raises NT$525 Million from Bond Issue

Jiu Han System Technology Co (TPE:6903) has received the entire NT$525 million raised through the issuance of its first domestic unsecured convertible bond, according to a Tuesday filing to the Taiwan stock exchange.The company said the collecting bank has received all the proceeds from the bond issue and has remitted them to the depository bank.

TPE:6903

Asia20d ago

STO Express to Issue 3 Billion Yuan in Convertible Bonds

STO Express (SHE:002468) is looking to issue up to 3 billion yuan in convertible bonds with a maturity of six years, according to a Tuesday filing with the Shenzhen Stock Exchange.The delivery services company plans to use the proceeds to fund its smart logistics equipment upgrade and trunk line transportation network enhancement projects.CITIC Securities (HKG:6030, SHA:600030) will be the underwriter of the bond issuance.

HKG:6030SHA:600030SHE:002468

Asia20d ago

Hulic Profit Jumps 11% in H1

Hulic (TYO:3003) posted an 11% year-over-year increase in profit attributable to owners of the parent to 49.9 billion yen in the first half, up from 44.9 billion yen.The real estate company's net earnings per share increased to 65.82 yen from 59.06 yen a year earlier, according to a Tokyo bourse filing on Tuesday.Operating revenue surged 39% to 416.6 billion yen from 300.1 billion yen in the prior-year period.The company declared an interim dividend of 33.50 yen, payable from Sept. 3.For the full year, Hulic forecasts an attributable profit of 121 billion yen and an EPS of 159.34 yen.The company plans to pay a year-end dividend of 33.50 yen per share.

TYO:3003

Asia20d ago

Japan Exchange Group's Fiscal Q1 Attributable Net Income Rises 74%

Japan Exchange Group (TYO:8697) posted a 73.6% year-over-year rise in attributable net income for the fiscal first quarter to 29.57 billion yen from 17.03 billion yen.Basic EPS was 28.81 yen, compared with 16.42 yen a year earlier, according to a Tokyo bourse filing on Tuesday.Operating revenue rose 50.8% to 65.52 billion yen from 43.45 billion yen for the three months ended June 30.In a separate filing, the company raised its full-year attributable net income forecast to 98.5 billion yen from 77.5 billion yen, basic EPS to 96.40 yen from 75.85 yen and operating revenue to 241.5 billion yen from 205 billion yen.The revision was due to changes in the average daily trading values and volumes assumed for the forecast.The company plans to pay interim and year-end dividends of 38 and 39 yen per share, respectively, for the current year, which are higher than the year-ago period.Shares of the financial market operator were down 1% in afternoon trading.

TYO:8697

Asia20d ago

Coal India to Invest in Renewable Energy Joint Venture

Coal India (BOM:533278, NSE:COALINDIA) will invest 2.22 million rupees in a rights issue of its renewable energy joint venture, CIL Rajasthan Akshay Urja, according to a Monday stock exchange filing.The state-owned miner will subscribe to 222,000 equity shares at 10 rupees each, maintaining its 74% stake in the joint venture.Partner Rajasthan Rajya Vidyut Urja Nigam will subscribe to 78,000 shares.The joint venture was incorporated in June 2025 to develop, construct and operate solar, wind and pumped storage power projects, and supply renewable power to distribution companies and other customers across India.

BOM:533278NSE:COALINDIA

Equities20d ago

TGS Bags 100-day Ocean Bottom Nodes Contract

TGS (TGS.OL) said Tuesday it secured an ocean bottom node contract from an unnamed existing customer for work in the Africa, Mediterranean, and Middle East region.The energy sector data and intelligence provider will mobilize a deep-water crew in the fourth quarter, and the project is expected to take 100 days to complete.

$TGS.OL

Asia20d ago

Dong Fang Offshore to Spin Off Orient Innovator Division into New Unit

Dong Fang Offshore (TPE:7786) board approved the spin-off of its Orient Innovator Division into a newly established unit, tentatively named Orient Innovator, according to a Monday Taiwan Exchange filing.The spin-off, which includes the division's assets, liabilities and business, is scheduled to take effect on Sept. 15, subject to any adjustments.The company also notified creditors that they may submit written objections to the spin-off by Aug. 27.

TPE:7786

Asia20d ago

Olympic Circuit Technology's Controlling Unit to Acquire 20% of Battery Connection Systems Maker; Shares Down 3%

Olympic Circuit Technology's (SHA:603920) controlling subsidiary agreed to acquire 19.7% of Plati Electronics (Shenzhen) through a capital increase of 70 million yuan, according to a Shanghai bourse filing on Tuesday.Jiangmen Shiyuan Equity Investment Partnership (Limited Partnership), the controlling shareholder, will subscribe for 13.6 million yuan worth of Plati's newly issued capital.Plati produces power battery connection systems, with the products used for internal battery pack connections, signal collection and temperature sensing in new electric vehicles.Moreover, related party Heshan Lianzhi Investment plans to acquire 4.23% of Plati Electronics from Shenzhen Derun Electronics for 2.9 million yuan.The printed circuit board maker's shares fell 3% during the afternoon trade.

SHA:603920

Asia20d ago

Far East Smarter Energy Eyes 2 Billion Yuan From Private Placement; Shares Down 5%

Far East Smarter Energy (SHA:600869) is looking to raise up to 2 billion yuan from the sale of 665.8 million shares to no more than 35 investors through a private placement, according to a Tuesday filing with the Shanghai Stock Exchange.The smart energy solutions provider plans to use the proceeds for its fully synthetic optical fiber preforms project for artificial intelligence data centers and for working capital.Shares fell 5% during afternoon trading on Tuesday.

SHA:600869

Asia20d ago

InnoCare Pharma's Phase III Trial of Fadeucravacitinib Meets Primary Endpoint

InnoCare Pharma (HKG:9969, SHA:688428) said the Phase III clinical trial of fadeucravacitinib met its primary endpoint, according to a Hong Kong bourse disclosure on Monday.The pharmaceutical company's Hong Kong shares rose 1% during Tuesday's midday trade.The drug was tested as a treatment for patients with moderate-to-severe plaque psoriasis.The drug's safety profile was consistent with previous clinical studies and no new safety signals were identified. Results from the study will be presented at upcoming international scientific congresses and in medical journals.

HKG:9969SHA:688428

Asia20d ago

Lunnon Metals Reports 20% Increase in Hustler Gold Resource at Western Australia Project

Lunnon Metals (ASX:LM8) said the updated mineral resource estimate (MRE) for its Hustler gold deposit at its Kambalda gold and nickel project in Western Australia has increased 20% in gold and 21% in tonnes to 826,000 tonnes at 1.4 grams per tonne (g/t) gold for 36,200 ounces, according to a Tuesday Australian bourse filing.The company said the updated MRE comprises an indicated resource of 171,000 tonnes at 1.3 g/t gold for 7,000 ounces and an inferred resource of 655,000 tonnes at 1.4 g/t gold for 29,200 ounces, with the opportunity to integrate Hustler with any second stage of open pit mining at Lady Herial.The group gold mineral resource currently stands at 1.48 million tonnes at 1.7 g/t gold for 79,300 ounces, the filing added.

ASX:LM8

Asia20d ago

Mankind Pharma Completes Sale of Unit

Mankind Pharma (BOM:543904, NSE:MANKIND) completed the sale of its entire stake in Broadway Hospitality Services for 490 million rupees in cash, according to a Monday stock exchange filing.The transaction completes the sale of the unit to AKRK Projects and Partners, which Mankind Pharma announced earlier this month as part of its strategy to divest non-core assets.

BOM:543904NSE:MANKIND

Asia20d ago

Market Chatter: China Begins Producing Homegrown DUV Lithography Machines

A Chinese state-backed company has begun manufacturing immersion deep ultraviolet lithography machines, equipment largely supplied by Dutch company ASML, The Information reported Monday, citing two people familiar with the situation.The machines are set to be delivered to Semiconductor Manufacturing International (HKG:0981, SHA:688981), Hua Hong Semiconductor (HKG:1347, SHA:688347), and newly listed ChangXin Memory Technologies (SHA:688825), according to the report, citing the sources.The homegrown DUV tools are expected to help reduce China's reliance on foreign technology for chip manufacturing, the report said.ASML, Hua Hong Semiconductor, SMIC, and CXMT did not immediately respond to requests 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^SZSEHKG:0981HKG:1347SHA:688347SHA:688825SHA:688981

Asia20d ago

Lottery Faces Softer Fiscal H2 Jackpot Outlook, But Strategic Momentum Intact, Jefferies Says

Lottery (ASX:TLC) is expected to deliver a largely in-line fiscal year 2026 result, with weaker second-half jackpots weighing on lottery revenue but continued digital penetration, margin expansion and potential game changes supporting the longer-term outlook, Jefferies said in a note on Monday.Jefferies cut its fiscal year 2026 lotteries revenue forecast by 4% on a weaker second-half jackpot cycle.The research firm forecasts second-half earnings before interest and taxes of AU$318 million and underlying net profit after tax, before significant items, of AU$178 million, both slightly below Visible Alpha consensus estimates.It expects the company's variable contribution margins to expand 75 basis points sequentially on a stronger jackpot mix and higher digital penetration, with management likely to focus on operating leverage and efficiency rather than operating expense guidance.Jefferies believes the recent Powerball ticket price rise demonstrates strong pricing traction, supporting further increases, while any OzLotto pricing, game, or product updates would likely be viewed positively by investors.It projects leverage to rise temporarily in the first half of fiscal 2027 due to the AU$1.2 billion Victorian license payment, while forecasting net debt of AU$2.3 billion by the end of fiscal 2026.Jefferies maintained its hold rating on Lottery and cut its price target to AU$5.60 from AU$5.70.

ASX:TLC

Treasury20d ago

Amoytop Biotech Launches 1.53 Billion-Yuan Convertible Bond Offering

Xiamen Amoytop Biotech (SHA:688278) on Tuesday launched a convertible bond issue of 1.53 billion yuan, according to a Tuesday filing with the Shanghai bourse.Guojin Securities serves as lead underwriter, with CICC as joint lead underwriter. The bond issue carries a 30% maximum underwriter liability cap of 460.0 million yuan.Shares of the drugmaker were down 4% in recent trade.

SHA:688278

Asia20d ago

Tata Motors Passenger Vehicles Reports Flood-Related Disruption at Gujarat Plant

Tata Motors Passenger Vehicles (NSE:TATAMOTORS, BOM:500570) said operations at its Sanand, Gujarat plant and supplier facilities in and around the state have been severely disrupted due to flooding caused by heavy rainfall.The Sanand plant manufactures the Tiago, Tigor, Nexon and Sierra models, according to a Monday filing with the Indian bourses. The company is working to restore production at both its manufacturing facility and supplier locations on a priority basis and expects operations to return to normal over the next few days.Shares of the company fell over 1% in recent trade.

BOM:500570NSE:TMPV

Asia20d ago

STX Engine Secures KRW78.59 Billion Marine Engine Supply Contract

STX Engine (KRX:077970) has secured a marine engine supply contract with New Times Shipbuilding worth about 78.59 billion won, according to a Tuesday filing with the Korea Exchange.The contract is valid until July 25, 2029.Shares of the company were down nearly 9% in recent trade.

KRX:077970

International20d ago

Cost of Living for Average New Zealand Household Up 3.2% in 12 Months to June Quarter, Stats NZ Says

The cost of living for the average New Zealand household rose 3.2% in the 12 months to the June quarter, as measured by the household living-costs price indexes, according to data from Stats NZ on Tuesday.Higher petrol prices were the largest contributor to the increase in household living costs in the period, according to prices and deflators spokesperson Nicola Growden. For the average household, petrol prices rose almost 28% over the period, accounting for almost one-third of the annual increase in living costs.Diesel prices accounted for nearly 10% of the 3.2 percent average household inflation rate.This followed a 2.1% increase in the 12 months to the March quarter.Inflation was 4.1% in the 12 months to the June quarter, following a 3.1% increase in the 12 months to the March quarter. Falling interest payments, down over 15%, were the main reason the cost of living for the average household remained below the overall inflation rate as measured by the consumers price index, per the report.

^NZ50

Asia20d ago

Adani Energy Solutions Sets Floor Price for QIP

Adani Energy Solutions (NSE:ADANIENSOL, BOM:539254) has set floor price for its qualified institutions placement at 1,698.15 Indian rupees per share.The issue opened on July 27, according to a same-day filing on Indian bourses.Shares of the company fell over 2% in recent trade.

BOM:539254NSE:ADANIENSOL

Asia20d ago

Market Chatter: Managed Workspace Firm Tablespace Plans Up to $350 Million India IPO

Indian managed workspace provider Tablespace Technologies is set to file draft papers for an initial public offering by early August in a deal that could raise up to $350 million, Bloomberg News reported, citing people familiar with the matter.The proposed listing is expected to include a fresh issue of shares worth up to 10 billion rupees, along with an offer for sale by existing shareholders, the report said.Axis Capital, IIFL Capital Services, BofA Securities and CLSA are advising on the offering, according to Bloomberg.Tablespace did not immediately respond to' request for comment.(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.)

^BSENifty 50

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