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Shenzhen's Guangming District has sold two industrial plots. Parcel A609-0275 in Yutang subdistrict was purchased by Shenzhen Zhuhe Technology for 141.2 mln yuan. The plot area is 83,590.87 sqm with a permitted total floor area of 376,158 sqm, zoned

2026-07-06

Shenzhen's Guangming District has sold two industrial plots. Parcel A609-0275 in Yutang subdistrict was purchased by Shenzhen Zhuhe Technology for 141.2 mln yuan. The plot area is 83,590.87 sqm with a permitted total floor area of 376,158 sqm, zoned for general industrial use and designated for a 3D-printing intelligent manufacturing headquarters base. Shenzhen Zhuhe is a 100% owned subsidiary of Shenzhen Tuozhu Technology, created to advance the Guangming manufacturing base project.

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2026-07-06

UBS cut Laopu Gold (06181.HK) PT to HK$650 from HK$930 and reiterated a Buy rating. The bank says boutique upgrades, VIC services and more frequent new-product launches enhance the company’s brand, channel and product positioning, helping cushion a g

UBS cut Laopu Gold (06181.HK) PT to HK$650 from HK$930 and reiterated a Buy rating. The bank says boutique upgrades, VIC services and more frequent new-product launches enhance the company’s brand, channel and product positioning, helping cushion a gold-price pullback. UBS views the shares as oversold and cites potential catalysts including stronger-than-expected 1H results, VIC-related activity and H2 overseas store openings; it forecasts 1H revenue and net profit up about 93% and 118% YoY. UBS expects gold prices to recover in H2, notes new stores could offset same-store-sales pressure if gold stays weak, trimmed 2026–28 EPS forecasts by 0–2% and cut the PT citing high base effects, slower medium-term growth and competitive pressures.
2026-07-06

The yield on Japan's 10-year government bonds rose to 2.815%, the highest level since 1996.

The yield on Japan's 10-year government bonds rose to 2.815%, the highest level since 1996.
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