PRE-MARKET AUSTRALIAN, JAPANESE AND SOUTH KOREA STOCKS NEWS: Earnings from ANZ Group, ASX, IAG, Origin Energy, Telstra, Tokio Marine & KEPCO
AUSTRALIA
ANZ Group (ANZ AT) - Co. Q3 (AUD) statutory net profit AUD 1.95bln, cash profit rose 1% vs. the H1 quarterly average to AUD 1.90bln, revenue broadly flat vs. the H1 quarterly average at AUD 5.61bln, cash return on tangible equity broadly flat and CET1 ratio 12.51%, up 12bps from March; housing applications have fallen 12% since the May budget changes. (Dow Jones Newsplus; The Australian)
ASX Limited (ASX AT) - Co. FY (AUD) underlying net rose 5.3% Y/Y to AUD 536.4mln, adjusted net AUD 510mln, revenue rose 14.4% Y/Y to AUD 1.27bln, affirmed FY27 capex guidance of AUD 180-200mln, operating expense growth of 13-16% and expense growth of 18-20%. (Newswires)
Charter Hall Long WALE REIT (CLW AT) - Co. FY (AUD) net rose 128.4% Y/Y to AUD 275.9mln, operating earnings rose 1.8% Y/Y to AUD 181.9mln, revenue rose 5.9% Y/Y to AUD 194.4mln, final distribution AUD 0.06375/security. (Dow Jones Newsplus)
Cleanaway Waste Management (CWY AT) - Co. received a takeover proposal from EQT Infrastructure worth at least AUD 3.13/shr, implying an enterprise value of around AUD 9.4bln and equity value of around AUD 7.0bln, with directors intending to recommend an offer of no less than AUD 3.13/shr and granting EQT up to nine weeks of due diligence access. (Dow Jones Newsplus)
Insurance Australia Group (IAG AT) - Co. FY (AUD) net fell 25% Y/Y to AUD 1.02bln, revenue rose 15% Y/Y to AUD 21.30bln, final dividend AUD 0.20/security. (Dow Jones Newsplus)
Monadelphous Group (MND AT) - Co. secured around AUD 100mln of construction and maintenance contracts across resources, energy and infrastructure, including work for Santos in Papua New Guinea. (Dow Jones Newsplus)
Origin Energy (ORG AT) - Co. FY (AUD) net rose 6% Y/Y to AUD 1.57bln, Energy Markets underlying EBITDA AUD 1.701bln and Integrated Gas underlying EBITDA AUD 1.62bln, revenue fell 10% Y/Y to AUD 15.57bln, final dividend AUD 0.30/shr. (Dow Jones Newsplus)
Orora (ORA AT) - Co. FY (AUD) net loss AUD 616.6mln, net profit before significant items AUD 142.2mln, EBITDA rose 0.3% Y/Y to AUD 420.3mln, EBIT fell 5.3% Y/Y to AUD 248.2mln, revenue rose 6.5% Y/Y to AUD 2.23bln, final dividend AUD 0.04/shr. (Dow Jones Newsplus)
Telstra (TLS AT) - Co. FY (AUD) net rose 3.2% Y/Y to AUD 2.24bln, EBITDA rose 2.4% Y/Y to AUD 8.82bln, revenue fell 0.8% Y/Y to AUD 22.94bln, dividend rose to AUD 0.105/shr from AUD 0.095/shr. (Dow Jones Newsplus)
Treasury Wine Estates (TWE AT) - Co. FY (AUD) net loss AUD 1.08bln (prev. net profit AUD 436.9mln Y/Y), net profit excluding material items and SGARA fell 41.5% Y/Y to AUD 275.3mln, EBIT excluding material items and SGARA fell 36.1% Y/Y to AUD 492.3mln, revenue fell 12.0% Y/Y to AUD 2.63bln, no dividend declared. (Dow Jones Newsplus)
JAPAN
Kioxia (285A JT) - Co. and Sandisk (SNDK) unveiled new high-performance QLC 3D flash memory technology designed for AI and data-intensive applications. (Dow Jones Newsplus)
Mitsubishi UFJ Financial Group (8306 JT) - Co. plans to launch instantaneous settlement for certain JGB repo transactions using blockchain technology, with tokenized money market funds and a stablecoin intended to eliminate the current settlement cycle of one day or longer. (Nikkei)
Sharp (6753 JT) - Former Co. President and Chairman Katsuhiko Machida said the decade under Foxconn ownership has been negative, citing differing mindsets between Foxconn’s contract-manufacturing approach and Sharp’s traditional focus on designing distinctive products. (Nikkei)
Tokio Marine Holdings (8766 JT) - Co. Q1 (JPY) net rose 3.3% Y/Y to JPY 264.3bln, insurance revenue rose 12% Y/Y to JPY 2.05tln. (Newswires)
Other News
Japan margin trading doubled over the past six months to JPY 123tln in July, driven by retail investors using leverage to trade high-priced AI-related stocks; outstanding margin-buy positions in Kioxia (285A JT) stood at 13.23mln shares, worth around JPY 631.5bln. (Nikkei)
SOUTH KOREA
HD Hyundai (267250 KS) - Co. Chairman Chung Ki-sun is expected to meet Bill Gates on Friday to discuss cooperation on small modular reactors. (Yonhap)
Hanwha Life Insurance (088350 KS) - Co. Q2 (KRW) net rose 215.5% Y/Y to KRW 522.9bln, operating profit rose 160.4% Y/Y to KRW 626.8bln, revenue rose 61.8% Y/Y to KRW 12.6tln. (Yonhap)
KEPCO (015760 KS) - Co. Q2 (KRW) net fell 76.4% Y/Y to KRW 277.5bln, operating profit fell 47.2% Y/Y to KRW 1.12tln, revenue fell 0.1% Y/Y to KRW 21.91tln. (Yonhap)
A pre-market APAC wrap of this kind reads as a collection of single-name stories rather than a macro signal, and the precedent is that index-level follow-through from regional earnings clusters tends to be limited unless a heavy index constituent surprises sharply. The items with the cleanest transmission channels are the event-driven ones: a recommended cash proposal for Cleanaway at a stated floor price sets up the standard arb dynamic, with the spread trading off completion risk, the due diligence window, and any competing interest, a sequence well-worn in Australian infrastructure and waste M&A. ANZ's disclosure that housing applications have fallen since the budget changes is the more macro-relevant tell, consistent with past episodes where policy shifts on housing credit have fed through to bank volume growth before showing up in margins. The Japanese margin-trading build, concentrated in AI-linked names like Kioxia, fits a recurring pattern in retail-leveraged Japanese rallies where crowded margin longs amplify two-way volatility in the underlying. Elsewhere the prints are the usual mixed FY season fare, with insurers splitting between underwriting-driven strength and investment or claims noise, and regulated utilities like KEPCO continuing to trade as a function of tariff politics rather than quarterly numbers. The follow-ons are any counter-bid or FIRB-adjacent commentary on the Cleanaway approach and whether the Japanese margin data draw a regulatory response, both of which have historically been the points where these stories reprice.