Junshi Biosciences Announces NDA Acceptance in Hong Kong for Toripalimab SHANGHAI, China, April 24, 2024 (GLOBE NEWSWIRE) -- Shanghai Junshi Biosciences Co., Ltd (“Junshi Biosciences,” HKEX: 1877; SSE: 688180), a leading innovation-driven biopharmaceutical company dedicated to the discovery, development, and commercialization of novel therapies, announced that the Drug Office, Department of Health, the Government of the Hong Kong Special Administrative Region (“DO”) has recently accepted the New Drug Application (“NDA”) for toripalimab in combination with cisplatin and gemcitabine for the...
BlackRock® Canada Announces Final April Cash Distributions for the iShares® Premium Money Market ETF Listing: TSX (Toronto Stock Exchange) Symbol: CMR TORONTO, April 24, 2024 (GLOBE NEWSWIRE) -- BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect, wholly-owned subsidiary of BlackRock, Inc. (NYSE: BLK), today announced the final April 2024 cash distributions for the iShares Premium Money Market ETF. Unitholders of record on April 25, 2024 will receive cash distributions payable on April 30, 2024. Details regarding the final “per unit” ...
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Portfolio RevPAU increased 6% yoy to S$135 in 1Q24, in line with pre-pandemic levels. There is more upside as portfolio occupancy was 73% and remains below pre-pandemic levels of 88%. Taylor Swift’s The Eras Tour boosted contributions from Singapore and Australia in 1Q24. The Eras Tour will be held in the UK (June and August) and France (May and June). Olympic Games is a catalyst for France in 3Q24. CLAS provides 2024 distribution yield of 6.7%. Maintain BUY. Target price: S$1.40.
We expect SEA’s adjusted EBITDA to continue showing sequential improvement in its upcoming 1Q24 results despite it being a seasonally weaker quarter. This is due to an improved landscape for e-commerce, as evidenced by the rise in take rates and subsidy cuts by SEA and its key competitor. The gaming segment is also expected to do well from a higher average monthly player count. We raise our target price by 24% to US$78.39 to reflect the better e-commerce industry landscape. Maintain BUY.
TransAlta Declares Dividends CALGARY, Alberta, April 24, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of TransAlta Corporation (TSX: TA) (NYSE: TAC) declared a quarterly dividend of $0.06 per common share payable on July 1, 2024 to shareholders of record at the close of business on June 1, 2024. The Board of Directors also declared the following quarterly dividend on its Cumulative Redeemable Rate Reset First Preferred Shares for the period starting from and including March 31, 2024, up to but excluding June 30, 2024: Preferred SharesTSX Stock SymbolDividend RateDividend Per ShareReco...
Ero Copper Announces Voting Results of Annual General Meeting of Shareholders VANCOUVER, British Columbia, April 24, 2024 (GLOBE NEWSWIRE) -- Ero Copper Corp. (TSX: ERO, NYSE: ERO) ("Ero" or the “Company”) reported the voting results from its Annual General Meeting of Shareholders held today in Vancouver, British Columbia. A total of 93,474,205 common shares were represented at the meeting, being 90.96% of the issued and outstanding common shares of the Company as at the March 5, 2024 record date. Shareholders voted in favour of all items of business before the meeting, including the re-e...
GREATER CHINA Sector Automobile Weekly: EV sales rebound for two weeks in a row, but price war intensifies. Maintain UNDERWEIGHT. Top SELLs: BYD, Li Auto and XPeng. Top BUYs: CATL and Yadea. Results ASMPT (522 HK/BUY/HK$102.30/Target: HK$120.00) 1Q24: Solid results, more positive updates to advanced packaging business. EVE Energy (300014 HK/SELL/ Rmb34.27/Target: Rmb20.00) ...
Net Income of R$ 55.3 mm in 1Q24, a 90.1% Increase YOY and Leases EBITDA Margin of 72.1% On track to deliver 2024 Record Production of 500,000 sqm of GLA BELO HORIZONTE, Brazil, April 24, 2024 (GLOBE NEWSWIRE) -- Log Commercial Properties (B3: LOGG3), a leading developer of greenfield assets and lessor of Class A logistics warehouses in Brazil, is pleased to announce its financial results for the first quarter. 1Q24 Operational Highlights: Deliveries totaling 57,000 sqm of GLA were completed with a 100% pre-lease rateMilestone of 2.0 million sqm of GLA historically deliv...
The Eid al-Fitr celebration drove Telkomsel’s data traffic up by 13% vs normal days. Telkomsel’s convergence penetration reached 45% progress in Mar 24 (Jul 23: 37%). Maintain BUY with an unchanged target price of Rp4,400 considering its strong balance sheet, historically cheap valuation (-2SD of EV/EBITDA, amid external geographical tension), and dividend enticement (potential yield of around 5%).
Rogers Communications Announces Voting Results from Annual and Special Meeting of Shareholders TORONTO, April 24, 2024 (GLOBE NEWSWIRE) -- Rogers Communications Inc. (TSX: RCI.A and RCI.B) (NYSE: RCI) (“Company”), in accordance with Toronto Stock Exchange requirements, announced the voting results from its Annual and Special Meeting of Shareholders (meeting) held earlier today. Shareholders voted for all items of business put forth at today’s meeting, those being the election of the director nominees, the appointment of KPMG LLP as the Company’s auditors and the adoption of the Directors...
KEY HIGHLIGHTS Update CapitaLand Ascott Trust (CLAS SP/BUY/S$0.905/Target: S$1.40): Benefitting from proliferation of large-scale events. SEA (SE US/BUY/US$62.01/Target: US$78.39): Higher marketplace commission and reduction in subsidies indicate better competition landscape. TRADERS’ CORNER Yangzijiang Shipbuilding (YZJSGD SP): Trading BUY Yoma Strategic (YOMA SP): Trading BUY
Futu Holdings Limited Announces Filing of Its Annual Report on Form 20-F for Fiscal Year 2023 HONG KONG, April 25, 2024 (GLOBE NEWSWIRE) -- Futu Holdings Limited (“Futu” or the “Company”) (Nasdaq: FUTU), a leading tech-driven online brokerage and wealth management platform, today announced it filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the Securities and Exchange Commission. The annual report can be accessed on the Company’s investor relations website at ir.futuholdings.com. The Company will provide a copy of its annual report containing the audi...
Moody's Ratings (Moody's) has revised the outlook of Union Colony Schools, CO to stable from negative. Concurrently, the charter school's Ba2 revenue bond rating has been affirmed. The Ba2 rating and stable outlook affect roughly $17.3 million outstanding charter school revenue bonds. The revised ...
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