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Krungsri Securities Downgrades Index Living Mall to Neutral from Buy; Price Target is THB14.20

DBS Upgrades StarHub to Buy from Fully Valued; Adjusts Price Target to SG$1.40 from SG$0.94

StarHub (SGX:CC3) has an average rating of hold and mean price target of SG$1.03, 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)

SGX:CC3

Asia20d ago

Jefferies Adjusts Contemporary Amperex Technology to HK$736 From HK$689, Keeps at Buy

Contemporary Amperex Technology (HKG:3750) has an average rating of buy and mean price target of HK$813.64, 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:3750

Asia20d ago

CONBA Receives China Clinical Trial Approval for Heart-Clearing Traditional Drug

Zhejiang CONBA Pharmaceutical (SHA:600572) received clinical trial approval from China's National Medical Products Administration for its heart-clearing traditional Chinese drug, according to a Saturday filing with the Shanghai bourse.The drug is indicated for heart failure with preserved ejection fraction.Total sales of traditional Chinese drugs for cardiovascular conditions reached 49.2 billion yuan in 2025, according to market data cited in the filing.

SHA:600572

Asia20d ago

Jefferies Adjusts Contemporary Amperex Technology's Price Target to 535 Yuan From 522 Yuan, Keeps at Buy

Contemporary Amperex Technology (SHE:300750) has an average rating of buy and mean price target of 592.83 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:300750

International20d ago

Euro Area Loans to Companies, Household Lending Growth Stable in June

The annual adjusted loans to nonfinancial corporations increased 4% in June, unchanged from a month ago, according to data from the European Central Bank published Monday.Meanwhile, the growth rate for adjusted loans to households came in at 3%, unchanged from the revised figure in the previous month.

^SXXP

Asia20d ago

OLED Material Tech Closes Perovskite Projects, Adds 14.6 Million Yuan to Working Capital

Jilin OLED Material Tech (SHA:688378) is closing two over-raised fund investment projects in perovskite solar cell equipment and materials, freeing up 14.6 million yuan in surplus proceeds to supplement working capital.The perovskite evaporation equipment project spent 23.5 million yuan of its 29-million-yuan budget, while the carrier transport materials project used 12.3 million yuan of its 20-million-yuan allocation.Combined interest and investment income added 1.4 million yuan to the surplus.Shares of the advanced materials manufacturer closed 5% higher Monday.

SHA:688378

Asia20d ago

Market Chatter: HSBC in Advanced Talks to Sell Australia Loan Portfolio to Blackstone

HSBC Holdings (HKG:0005) is in advanced talks to sell its Australia loan portfolio to Blackstone as part of Chief Executive Georges Elhedery's efforts to streamline operations, Bloomberg News reported Monday, citing people familiar with the matter.Blackstone emerged as the leading bidder after outbidding rival firms, the report said, adding that discussions are ongoing and no final agreement has been reached.HSBC and Blackstone 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.)

HKG:0005

International20d ago

Eurozone's Annual M3 Money Supply Up 3.3% in June

The euro area's M3 money supply rose 3.3% year over year in June, following a revised 3.0% increase in May, the European Central Bank said Monday.Analysts expected a 3.2% gain for the month.

^SXXP

Asia20d ago

ClouDr Group Expects H1 Loss to Narrow Sharply; Shares Fall 4%

ClouDr Group (HKG:9955) expects to report a net loss of 10 million yuan to 60 million yuan for the first half of 2026, compared with a net loss of 642.9 million yuan a year earlier.The medical software-as-a-service provider attributed the narrower loss to the absence of significant impairment losses and one-off provisions recognized in the prior-year period, as well as improved operating performance from its AI-powered patient management business, according to a Hong Kong bourse filing.The company's results for the first half are expected to be published by end of August.Shares of the company fell nearly 4% in recent trade.

HKG:9955

Equities20d ago

Mendell Helium to Issue Shares to Former Broker

Mendell Helium (MDH.AQ) agreed to issue 500,000 new shares priced at 0.03 pound sterling apiece to its former broker through exercise of warrants.The helium producer said Monday the warrant exercise amount of 15,000 pounds will offset a portion of its outstanding obligation owed to the broker.

$MDH.AQ

Asia20d ago

Befar Group Flags No Reason for Unusual Share Price Movement; Shares Up 5%

Befar Group (SHA:601678, HKG:6745) said its business operations remain normal and it is unaware of any reason for the recent unusual movements in its share price and trading volume, according to a Friday Hong Kong bourse filing.The company also began producing 6N-grade electronic-grade high-purity hydrogen fluoride gas after completing a 50-tonne-per-year filling line and securing regulatory approvals.Befar said it has started marketing the product to domestic and overseas customers, although customer acceptance remains uncertain.It expects sales of the product to account for only a small portion of revenue and not have a material impact on its 2026 financial performance.Shares of the firm were up nearly 5% in Monday late-afternoon trade.

HKG:6745SHA:601678

Insider Trading20d ago

Coherent Insider Sold Shares Worth $306,680, According to a Recent SEC Filing

Sherri R Luther, Chief Financial Officer, on July 22, 2026, sold 1,000 shares in Coherent (COHR) for $306,680. Following the Form 4 filing with the SEC, Luther has control over a total of 67,475 common shares of the company, with 67,475 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/820318/000089914026000726/xslF345X05/form4.xml

$COHR

Insider Trading20d ago

Levi Strauss Insider Sold Shares Worth $2,377,048, According to a Recent SEC Filing

Harmit J Singh, Executive Vice President, Chief Financial and Growth Officer, on July 23, 2026, sold 98,144 shares in Levi Strauss (LEVI) for $2,377,048. Following the Form 4 filing with the SEC, Singh has control over a total of 98,747 Class A common shares of the company, with 98,747 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/94845/000199937126015876/xslF345X05/singh-form4.xml

$LEVI

US Markets20d ago

CXMT Soars 466% in Shanghai Debut to Become Most Valuable Listed Company in China

Shares of ChangXin Memory Technologies (SHA:688825) surged 466% on their Shanghai Stock Exchange debut Monday, propelling the DRAM chipmaker past Industrial and Commercial Bank of China (SHA:601398, HKG:1398) to become the most valuable company listed in the mainland.The stock opened at 49.50 yuan on the STAR Market, versus an IPO price of 8.66 yuan, lifting CXMT's market capitalization to 3.311 trillion yuan in the first minutes of trade, sharply up from the 579.2 billion yuan implied during the IPO process.At the closing price of 49 yuan, CXMT is now valued at 3.278 trillion yuan, topping ICBC's 2.63 trillion yuan market capitalization, according to FactSet data obtained by.CXMT is the world's fourth-largest DRAM maker next to Samsung Electronics (KRX:005930), SK hynix (KRX:000660) and Micron.Jefferies analysts expect CXMT's market share gain to accelerate as the global supply of memory "is unlikely to ease in the coming years."For the first half of 2026, CXMT expects to book 50 billion yuan to 57 billion yuan in attributable profit, versus a net loss of 2.33 billion yuan a year earlier.Revenue is projected to skyrocket 613% to 677% year over year, ranging between 110 billion yuan and 120 billion yuan.Following CXMT's blockbuster listing, Shanghai shares rose 1.2%, while the tech-heavy Shenzhen bourse jumped 2.7%.Reuters reported earlier, citing analysts at HSBC Qianhai Securities, that the IPO is likely to divert capital away from the broader market both ahead of and during its first trading session.Meanwhile, analysts at Morningstar said in a note on Friday that while AI is increasingly becoming a national security issue for China, CXMT looks set to benefit from the AI boom.

HKG:1398KRX:000660KRX:005930SHA:601398SHA:688825

Insider Trading20d ago

Immunovant Insider Sold Shares Worth $263,015, According to a Recent SEC Filing

Tiago Girao, Chief Financial Officer, on July 23, 2026, sold 6,798 shares in Immunovant (IMVT) for $263,015. Following the Form 4 filing with the SEC, Girao has control over a total of 240,798 common shares of the company, with 240,798 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1764013/000161867026000004/xslF345X05/wk-form4_1784930275.xml

$IMVT

Asia20d ago

Qinqin Foodstuffs Expects H1 Profit to Fall Up to 82%

Qinqin Foodstuffs Group (Cayman) (HKG:1583) expects to report profit attributable to shareholders of 4 million yuan to 6 million yuan for the first half of 2026, down 73% to 82% from 22 million yuan a year earlier.Revenue is expected to decline 8% to about 485 million yuan from 530 million yuan a year earlier, according to a Hong Kong bourse filing.The food products manufacturer attributed the forecast to lower sales through traditional retail channels amid softer consumer spending, as well as lower sales volumes of jelly and rice wine products.The company's results for the first half are expected to be published in mid-August.Shares of the company rose over 2% in recent trade.

HKG:1583

Commodities20d ago

Market Chatter: Kazakhstan Kashagan Oil Field Operator Assets Frozen Over $5 Billion Fine

Kazakhstan has frozen the assets of the joint-venture operator of the Kashagan oilfield over a $5 billion environmental fine which the company has disputed, Reuters reported on Monday.The July 21 freeze of the company's property and vehicles of North Caspian Operating was published on the database of the Ministry of Justice, the article said. NCOC is a joint venture between Shell (SHEL), TotalEnergies (TTE), ExxonMobil (XOM) and China's CNPC.The Central Asian country may enforce a 2.3 trillion Kazakhstani tenge ($4.84 billion) fine imposed on NCOC related to breaches of sulphur storage limits while it has said the head of the company could face criminal prosecution.NCOC and associated contractors have rejected the fine and the accusations and the case has now been brought before international arbitrators, the article said.None of the companies responded immediately to Reuters' request for comment.has reached out to the companies seeking 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.)

$SHEL$TTE$XOM

Asia20d ago

CXMT Debut Drives China Equities Rally; MaxOne Semiconductor Suzhou Up 8%

Chinese shares closed higher on Monday, as the blockbuster debut of memory chipmaker ChangXin Memory Technologies (SHA:688825) or CXMT, revived investor sentiment and reassured markets despite initial fears of a liquidity drain.The Shanghai Composite Index, the main gauge of Chinese stocks, closed 1.2% higher to 3,858.25. The Shenzhen Component Index jumped 2.7% to 14,148.73.CXMT jumped as much as 535% to 55.03 yuan per share on its first day of trading on the Shanghai bourse. The stock eventually closed at 49.00 yuan apiece, up 466% from the chipmaker's initial public offering price of 8.66 yuan apiece.The rally made CXMT 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.The debut, following Asia's biggest IPO this year, provided a much-needed boost to a market that had lost over $1.5 trillion in value earlier in July amid tech selloffs and geopolitical tensions, ETMarkets reported.In other company news, MaxOne Semiconductor Suzhou (SHA:688809) plans to use 1.03 billion yuan in excess initial public offering proceeds to fund two probe card manufacturing projects, while postponing the usable state date of its Nantong research and development and production facility to December 2027 from November 2026. Shares of the semiconductor testing company rose 8% Monday.

Shanghai Composite^SZSESHA:601398SHA:688809SHA:688825SHE:300750

Asia20d ago

OPT Machine Vision Tech Seeks Up to 1.27 Billion Yuan from Convertible Bond Issuance

OPT Machine Vision Tech (SHA:688686) plans to raise up to 1.27 billion yuan from the issuance of convertible corporate bonds to unnamed investors, according to a prospectus filed Monday with the Shanghai Stock Exchange.The bonds hold a term of six years maturing on July 28, 2032, with an interest of 0.1% on the first year, 0.3% on the second year, 0.6% on the third year, 1% on the fourth year, 1.5% on the fifth, and 2% on the sixth.Proceeds will help fund its vision sensor and smart hardware expansion, AI intelligent vision solution system research and development, and industrial-grade robot core projects. It will also help finance working capital.

SHA:688686

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