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China Concept Stocks

253.765

-1.492-0.58%

Number of Gainers:4

Number of Losers:7

Number of Flat:31

PE:- -

High:257.071

Open:256.203

Low:252.431

Close:255.257

Volume:80.54M

Turnover:28.82M

Market Cap:14.80B

Float Cap:7.09B

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Bubs Australia - Secures Permanent FDA Authorisation for Infant Formula Products

THOMSON REUTERS

Mindax - Note is Unsecured, 10% Interest, 12-Month Term, Conversion Price A$0.033 Per Share

THOMSON REUTERS

Mindax - Executes Binding Convertible Note Deed with L&Y to Raise A$3.25 Mln

THOMSON REUTERS

Bubs Australia - Requests Trading Halt Pending FDA Update Announcement

THOMSON REUTERS

Paladin Uranium Mine not Expected to Run at Maximum Capacity

F3 Uranium Names Raymond Ashley President, VP Exploration After Hartmann Resignation

Paladin Energy's PLS Project Emerging as Crown Jewel

Paladin Energy Reports New High-Grade Drill Results at Patterson Lake South Uranium Project in Saskatchewan

Paladin Energy Extends Mineralization at Canada Deposits; Shares Down 3%

MT Newswires Live

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Paladin Energy \"never expects\" to sustain Langer Heinrich's nameplate production rate of 6 million pounds for a year, says a surprised Ord Minnett. \"So we trimmed to 5.7\" million pounds, the broker says of its annual production forecasts for FY28-FY30. It also raises projections for sustaining capex, citing new pits and tailings facilities. Ord's remarks follow an investor day, where it says it got a better grasp on \"the strong resource upside\" at Paladin's PLS project. Yet it thinks a capex estimate of US$1.2 billion is probably low. It expects other projects \"will need to be deferred due to PLS funding challenges, which will no doubt include a significant capital raise.\" The broker downgrades to sell from lighten. Its target rises to 9.00 Australian dollars from A$8.50. 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Recent drill results have increased management's confidence in PLS resource growth, and Paladin has time to consider offtake strategies, Macquarie says. It upgrades the stock to outperform from neutral and raises its target by 7% to A$13.85/share. 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