Finance

NewTimeSpace News: BAY AREA DEV (00737.HK) plans to issue in total 250 million shares by subscription, with estimated net proceeds of HKD 456 million.

NewTimeSpace · 2026-06-12

NewTimeSpace News: VC HOLDINGS (00821.HK) plans to issue up to 65.86 million shares by placement, with estimated net proceeds of HKD 14 million.

NewTimeSpace · 2026-06-12

NewTimeSpace News: Simcere Pharmaceutical Group Limited (02096.HK) announced that SIM0689, a self-developed PD-1/VEGF-targeted bispecific antibody, has obtained the clinical trial approval notice issued by the National Medical Products Administration. Clinical trials for advanced solid tumors are planned. By relieving tumor-induced immune suppression and inhibiting angiogenesis, SIM0689 has demonstrated prominent anti-tumor efficacy even at low doses in multiple humanized mouse efficacy models.

NewTimeSpace · 2026-06-12

NewTimeSpace News: Mabwell (Shanghai) Bioscience Co., Ltd. (02493.HK) announced that the Investigational New Drug (IND) application for 6MW5311 Injection in hematologic malignancies (acute myeloid leukemia, chronic myelomonocytic leukemia, and multiple myeloma) has been officially approved by the U.S. FDA. 6MW5311 is the world’s first TCE innovative drug authorized for clinical development targeting LILRB4/CD3.

NewTimeSpace · 2026-06-12

NewTimeSpace News: WUXI APPTEC(02359.HK) will spend HKD 288.55 million to repurchase 2.3 million shares on Jun 12, 2026.

NewTimeSpace · 2026-06-12

NewTimeSpace News: KINGDEE INT\'L(00268.HK) will spend HKD 8.24 million to repurchase 1.16 million shares on Jun 12, 2026.

NewTimeSpace · 2026-06-12

NewTimeSpace News: AAC TECH(02018.HK) will spend HKD 17.32 million to repurchase 400 thousand shares on Jun 12, 2026.

NewTimeSpace · 2026-06-12

NewTimeSpace News: June 12, 2026, WING CHI HLDGS(06080.HK) released its Annual Report for the period ended March 31, 2026, Total Revenue stood at HKD 720.77 million, decreased by 10.8% YoY

NewTimeSpace · 2026-06-12

NewTimeSpace News: June 12, 2026, MAJESTIC DRAGON(00918.HK) released its Annual Report for the period ended March 31, 2026, Total Revenue stood at HKD 104.46 million, decreased by 12.07% YoY

NewTimeSpace · 2026-06-12

NewTimeSpace News: Renco Holdings Group Limited (in compulsory winding-up) (02323.HK) announced that Ms. Xing Mengwei and Mr. Liu Chuan have resigned as Executive Directors with effect from 10 June 2026, as they intend to devote more time to other personal matters. Both confirmed no disagreements with the Board. The company's shares have been suspended from trading since 20 January 2025 and will remain suspended.

NewTimeSpace · 2026-06-12

NewTimeSpace News: June 12, 2026, LEGENDARY EDU(08195.HK) released its Annual Report for the period ended March 31, 2026, Total Revenue stood at HKD 401.83 million, increased by 17.1% YoY

NewTimeSpace · 2026-06-12

NewTimeSpace News: China Longyuan Power Group Corporation Limited (00916.HK) announced that it completed the issuance of super short-term commercial paper on 10 June 2026. The total issuance amount is RMB 2.5 billion with a term of 218 days and a par value of RMB 100 per unit. The coupon rate is 1.36%, and interest accrues from 11 June 2026.

NewTimeSpace · 2026-06-12

NewTimeSpace News: Jolimark Holdings Limited (02028.HK) announced that all conditions for the share placing have been fulfilled and the placing was completed on 12 June 2026. The placing agent successfully placed a total of 122,576,300 placing shares at the placing price of HK$0.11 per share to no less than six placees. The net proceeds raised are approximately HK$13 million, which will be used for general working capital purposes.

NewTimeSpace · 2026-06-12

NewTimeSpace News: Akeso, Inc. (09926.HK) announced that Qiyoukang® (gumokimab, AK111), a novel humanized anti-IL-17 antibody independently developed by the company, has been approved by the National Medical Products Administration (NMPA) for the treatment of moderate-to-severe plaque psoriasis. Key Phase III data showed a 12-week PASI 75 response rate of 94.6% and a PASI 100 (complete skin clearance) rate of 47.7%; the 52-week PASI 100 rate reached 68.9% with a favorable safety profile.

NewTimeSpace · 2026-06-12

NewTimeSpace News: Yuexiu Transport Infrastructure Limited (01052.HK) announced that the 3rd tranche of medium-term notes of 2026 worth RMB 1.2 billion was issued on 11 June 2026, with a coupon rate of 1.76% and a tenor of 5 years. The Company has obtained an AAA credit rating from CCXI International Credit Rating Co., Ltd. The proceeds will be used to repay outstanding debt financing instruments and existing borrowings of its subsidiaries.

NewTimeSpace · 2026-06-12

NewTimeSpace News: SEM Holdings Limited (09929.HK) announced that in response to market pressures in Macao and Hong Kong, the Group intends to expand its core electrical and mechanical engineering business into mainland China. Meanwhile, noticing the remarkable growth of the intellectual property business market, the Board plans to launch IP-related businesses to foster new sources of revenue. The Board stressed that relevant preparations are still at the initial stage and the plans may not be materialised.

NewTimeSpace · 2026-06-12
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