-- Citi on Friday lowered fitness club chain operator Leejam Sports (SASE:1830) to neutral from buy and decreased its price target to 95 Saudi riyals from 215 riyals.
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Sai MicroElectronics (SHE:300456) posted first-quarter attributable net loss of 49.1 million yuan, compared with a profit of 2.6 million yuan the previous year.Loss per share stood at 0.0671 yuan, versus earnings per share of 0.0036 yuan last year, according to a Thursday filing with the Shenzhen bourse.Revenue plunged 63% year over year to 98.5 million yuan from 264.0 million yuan.Shares of the wafer manufacturer plummeted nearly 17% in recent trade.
Capital Securities (SHA:601136) issued 1 billion yuan in short-term bonds, according to a Shanghai bourse filing on Thursday.The bonds have a coupon rate of 1.55% and a term of 365 days, maturing April 22, 2027.
Dalipal (HKG:1921) said its unit, Dalipal International, has signed a cooperation agreement with KUKA Robotics (Guangdong) to deploy AI-driven robotics and automation at its Saudi manufacturing project, according to a Wednesday Hong Kong bourse filing.Shares of the smart and green manufacturing company were down nearly 2% in Thursday morning trade.The collaboration will focus on integrating intelligent manufacturing technologies, including robotics, smart logistics, and process optimisation, at the group's high-end energy equipment base in Dammam's SPARK industrial park.