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FINWIRES

CGN New Energy's March Power Output Falls 6%

-- CGN New Energy (HKG:1811) generated 1,663.9 gigawatt-hours of power in March, down 5.7% from a year earlier, according to a Monday Hong Kong bourse filing.

Of the total, the power generation of Chinese solar projects increased 50%.

Output from Chinese wind and hydro projects fell 34% and 16%, respectively, while that from Korean projects rose 41%.

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South Korean Shares Open Slightly Higher on Three-Week Israel-Lebanon Ceasefire Extension

South Korean shares opened slightly higher on Friday, owing to a ceasefire extension of three weeks between Israel and Lebanon. The decision came after talks held between the two parties at the White House on Thursday.The benchmark Korea Composite Stock Price Index, or Kospi, gained marginally to open at 6,496.10. The Kosdaq added 0.2%, or 2.11 points, to open at 1,176.42.The talks marked the first direct diplomatic engagement between Israel and Lebanon in decades, signaling a major breakthrough as the two countries have officially remained at war since 1948.On the Iran front, US President Donald Trump said that he did not want to rush himself when it came to making a deal with the Middle Eastern country. He said he was under no pressure to end the conflict and is focused on making the best possible deal with Iran.Trump claimed the US had total control of the Strait of Hormuz and said access would be allowed once Iran comes to an agreement. He also said that he wants to limit Tehran's oil revenues during the ceasefire.Trump warned that if Iran refuses to negotiate, the US could escalate the situation militarily.

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Asia

Eoptolink Technology 2025 Profit Jumps 236%; Shares Fall 8%

Eoptolink Technology (SHE:300502) posted 2025 attributable net profit of 9.53 billion yuan, up 236% from 2.84 billion yuan the previous year.Earnings per share rose to 9.57 yuan from 4.00 yuan, according to a Friday filing with the Shenzhen bourse.Revenue rose 187% year over year to 24.8 billion yuan from 8.64 billion yuan.Shares of the optical transceiver module manufacturer fell 8% in recent trade.

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Asia

NZX Midday Sector Update: Consumer Durables Sector Soars, Technology Services Sector Struggles

The consumer durables shares gained the most on New Zealand's Exchange, rising almost 2% on Friday.Shares of KMD Brands (NZE:KMD, ASX:KMD) rose nearly 2% in recent trade.On the flip side, the technology services sector struggled, shedding past 3%.Shares of Gentrack Group (NZE:GTK, ASX:GTK) fell nearly 7% in recent trade.

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