Finance

Kinetic Development's Makhado coal project in South Africa begins production; expects 280kt coking coal and 230kt thermal coal in 2026, with annual capacity targeted to reach 4 million tonnes; over 40 overseas customers developed.

NewTimeSpace · 2026-08-05

Guangdong Huayan Robotics applies to convert 18.03 million domestic shares (~3.24% of issued capital) into H-shares; four partnerships participating; no shareholders' meeting required.

NewTimeSpace · 2026-08-05

NewTimeSpace News: China Uptown Group announced a proposed placing of up to 90,568,000 shares at HKD 0.26 per share through placing agent VIL Securities, representing approximately 20% of existing share capital; if fully placed, gross proceeds would be approximately HKD 23.55 million with net proceeds of approximately HKD 23.23 million, of which HKD 10 million is earmarked for debt repayment and HKD 13.23 million for general working capital; the placing period expires on 18 August with completion targeted within five business days after the last deadline of 24 August, subject to Listing

NewTimeSpace · 2026-08-05

NewTimeSpace News: Wynn Macau announced its controlling shareholder Wynn Resorts' Q2 2026 results: Wynn Palace operating revenue rose 21.1% YoY to USD 653.4 million with adjusted Property EBITDAR up 28.2% to USD 201.5 million and mass market win percentage at 29.7%; Wynn Macau operating revenue increased 2.1% YoY to USD 351.1 million with adjusted Property EBITDAR at USD 95.5 million; as of end-June, group cash and equivalents totaled USD 1.57 billion with total debt of USD 10.72 billion; all figures are unaudited and prepared under U.S. GAAP.

NewTimeSpace · 2026-08-05

NewTimeSpace News: China Energy Storage Technology and Offeror Fame Castle announced that the privatization scheme became effective on 4 August 2026, with share listing to be withdrawn from 4:00 p.m. on 5 August; cancellation price cheques to be dispatched by 13 August; the share option offer became unconditional on 4 August and remains open until 18 August, with the last exercise date for option holders on 4 September.

NewTimeSpace · 2026-08-05

NewTimeSpace News: E&P Global Holdings Limited (01142.HK) announced that the ruling rendered by the Moscow City Arbitration Court on 15 April 2026 remains unchanged, and the appeal filed by relevant Russian authorities has been dismissed. The appellate court is expected to hand down its summary judgement by 7 August 2026.

NewTimeSpace · 2026-08-04

NewTimeSpace News: Virtual Mind (01520.HK) announced that it signed a memorandum of understanding for cooperation with Saudi‑Arabia‑based Rasiaph Art Production Institution on 3 August 2026. Both parties intend to carry out global cooperation on art‑IP business covering core areas including exhibition organisation, artwork‑business expansion and artwork digitisation.

NewTimeSpace · 2026-08-04

NewTimeSpace News: Bonjour Holdings Limited (00653.HK) announced that following the strategic‑cooperation agreement signed on 13 July 2026, the Group officially held the launching ceremony themed “Sailing Overseas, Mutual Pursuit” on 30 July, moving the partnership with Hong Kong Yuncang Daji Development Company Limited from strategic consensus to substantive market‑expansion phase. Yuncang, as the operating entity, is set with a turnover target of HK$30 million for the period ending 31 December 2026.

NewTimeSpace · 2026-08-04

NewTimeSpace News: Auto Italia Holdings Limited (00720.HK) announced that its indirectly wholly‑owned subsidiary Handerson Auto Import and Export (Chongqing) Co., Limited has entered into a sales contract with Fabrika Poljoprivredne Mehanizacije Agromehanika D.O.O. Boljevac for the sale of Euro‑eBOLD‑model vehicles, with an aggregate contract value of approximately EUR3.46 million.

NewTimeSpace · 2026-08-04

NewTimeSpace News: Sunho Biologics, Inc.(02898.HK) announced that upon the recommendation of the Audit Committee, the Company has appointed ZZ Risk Management Consulting Services Limited as its independent internal‑control consultant on 4 August 2026 to conduct an independent internal‑control review covering key areas including financial reporting, cash management and connected‑party transaction disclosure.

NewTimeSpace · 2026-08-04

NewTimeSpace News: Dajin Heavy Industry Co., Ltd. (01081.HK) announced that its subsidiary Tangshan Dajin Offshore Engineering Co., Ltd. has entered into a shipbuilding contract for two bulk carriers with a Norwegian ship‑owner. The vessels are 211,000 DWT bulk carriers with an aggregate contract value of approximately RMB1.0 billion, to be delivered in batches in 2029.

NewTimeSpace · 2026-08-04

NewTimeSpace News: Raffles Interior Limited (01376.HK) announced key interim findings from an independent investigation. The investigation uncovered that former Executive Director Mr. Zheng Nenghuan unilaterally signed an acquisition agreement on behalf of the Company at a consideration of HK$300 million on 3 November 2025 without Board authorisation, for assets beneficially owned by his spouse Ms. Tang Judi. The assets were acquired for RMB10 million and resold to the Company at HK$300 million merely five weeks later, raising suspicions of benefit transfer and material concealment. The Board expressed serious concerns regarding his integrity and suitability to act in a director capacity.

NewTimeSpace · 2026-08-04

NewTimeSpace News: Nanjing Leads Biolabs Co., Ltd. (09887.HK) announced that Oblenio Bio, the joint venture established with Aditum Bio, has completed first‑patient dosing in the Phase Ia first‑in‑human clinical trial of LBL‑051, a trispecific T‑cell engager targeting BCMA, CD19 and CD3. Pre‑clinical data demonstrated that LBL‑051 could achieve complete depletion of B‑cells and plasma cells via co‑targeting CD19 and BCMA with minimal cytokine release.

NewTimeSpace · 2026-08-04

NewTimeSpace News: Jiangsu Hengrui Pharmaceuticals Co., Ltd. (01276.HK) announced that its subsidiaries have received the Drug Clinical Trial Approval Notice ratified and issued by NMPA. Phase II clinical trials are approved to evaluate SHR‑A2009 for Injection (HER3‑targeted ADC) in combination with adebrelimab, or in combination with third‑generation EGFR TKI, among patients with non‑small‑cell lung cancer. To date, no HER3‑targeted ADC has been approved globally for the treatment of NSCLC.

NewTimeSpace · 2026-08-04

NewTimeSpace News: Seeyond Holdings Ltd. (02665.HK) announced that its wholly‑owned subsidiary Seeyond Suzhou has signed a memorandum of strategic cooperation with Plus.ai. The two parties will cooperate across three major areas: L4‑level autonomous freight and RoboVan, physical AI and data application, as well as smart logistics infrastructure, so as to drive the intelligent upgrading of trunk‑line logistics and autonomous freight transportation.

NewTimeSpace · 2026-08-04

NewTimeSpace News: BASiC Semiconductor Co., Ltd. (09971.HK) announced that it has entered into a strategic cooperation with Episil Technologies on 4 August 2026. Building on their long‑term prior collaboration, both parties will speed up the development and mass‑production of 8‑inch silicon carbide (SiC) wafers, jointly advance new‑process platform development, and expand the market share of SiC products in sectors such as new‑energy vehicles and AI computing centres.

NewTimeSpace · 2026-08-04
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