PRE-MARKET CHINESE STOCK NEWS: Luxshare Precision Industry (002475 CH) plans to raise up to HKD 24.27bln through an offering of 383.47mln H shares
PBoC injects CNY 69.5bln via 7-day reverse repos with rate maintained at 1.40%
Japan's Industry Minister states that China's export control measures are affecting Japanese companies through delayed approvals and extended customs inspections
PRE-MARKET CHINESE STOCK NEWS: Luxshare Precision Industry (002475 CH) plans to raise up to HKD 24.27bln through an offering of 383.47mln H shares
PBoC sets USD/CNY mid-point at 6.8109 vs exp. 6.7877 (prev. 6.8175)
Japanese Finance Minister Katayama says won't comment on specific effects levels, but will respond appropriately to currency moves at any time as needed, while action could include decisive action as agreed in the joint statement with the US
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
Agile Group (3383 HK) - Co. announced the adjournment of its winding-up petition to Oct. 12. (Newswires)
ByteDance - Co. is reportedly targeting early next year for a new AI chip to power its own AI infrastructure. (Press)
BYD Company (1211 HK) - Co. agreed with Colonial Motor Company to expand representation of the BYD brand in New Zealand through BYD Auto NZ, a division of Ateco Group. (Newswires)
EC Healthcare (2138 HK) - Co. FY26 (HKD) net loss 413mln (prev. loss 112mln Y/Y), adjusted EBITDA fell 25.3% Y/Y to 280mln, rev. fell 8.9% Y/Y to 3.77bln. (Newswires)
Luxshare Precision Industry (002475 CH) - Co. plans to raise up to HKD 24.27bln through an offering of 383.47mln H shares at a maximum price of HKD 63.28/share, with trading on the Hong Kong exchange expected to begin from July 9, while Goldman Sachs, Citic Securities and CICC are advising on the offering. (Dow Jones Newsplus)
Tech
- China's Premier Li said China will improve support policies for AI development and boost credit support to promote trade.
Other News
- China's zinc smelters plan to cut concentrate usage amid persistent losses.
- China's PBoC's overnight repo operation signals stronger liquidity support, with the tool expected to support quarter-end liquidity conditions, according to Chinese press.
Related headlines
- Newsquawk Daily European Equity Opening News - 9th September 20269 hours ago
- Newsqawk European Market Wrap - 9th September 20261 hour ago
- US EQUITY OPEN: Indices in the red as US/Iran tensions escalate 1 hour ago
- [MARKET ANALYSIS] JPY continues to gain after daring commentary from US Treasury Sec. Bessent5 hours ago
- Volkswagen (VOW3 GY) files to sell USD-denominated debt; 5-parter2 hours ago
- Crystler (STLAM IM/STLAP FP) files to recall over 200k US vehicles8 hours ago
- Russian Kremlin spokesperson Peskov says Presidents Putin and Trump did not discuss the possibility of holding a new meeting at APEC, but there is an understanding that such a meeting could take place, Interfax reports2 hours ago
- [MARKET ANALYSIS] European bourses under pressure as renewed US-Iran strikes drive energy higher; ITX SM hit despite mixed earnings while FORTUM FH surges on GOOGL deal6 hours ago
- Newsquawk Daily US Equity Opening News: DOW weighs exit from $20b Saudi chemicals venture; GOOG to invest $15bln in Finnish AI infrastructure2 hours ago
- [MARKET ANALYSIS] Fixed falters once more as Brent takes USD 100/bbl, awaiting the Treasury buyback announcement5 hours ago
- RBI may conduct USD/INR buy-sell swap operations this month, traders suggest7 hours ago
- FedEx (FDX) is to sell EUR denominated 4- and 8-year notes8 hours ago
- China's Commerce Ministry says China firmly opposes the US' cybersecurity announcements related to Chinese AI companies, calling the allegations baseless1 hour ago
- [MARKET ANALYSIS] Brent briefly tops USD 100/bbl as Middle Eastern tensions remain heightened6 hours ago
- Google (GOOG) is to invest a minimum of EUR 13bln in Finland’s AI infrastructure in 2027-28, according to Finnish broadcaster YLE8 hours ago
- FedEx (FDX) files to sell USD-denominated 10-year notes2 hours ago
- Amazon (AMZN) sets size on debut sterling bond sale at GBP 4.25bln2 hours ago
- Uber (UBER) announces EUR 4.5bln bond sale 3 hours ago
- Amazon (AMZN) is reportedly seeking to raise at least GBP 3bln through its first Sterling bond sale4 hours ago
- Uber (UBER) is looking to raise around EUR 4bln from its EUR bond sale6 hours ago
The whole workspace, free to try.
Try it free