PRE-MARKET AUSTRALIAN, JAPANESE & SOUTH KOREAN STOCKS NEWS: Samsung Electronics (005930 KS) - Co. narrowed the gap with market leader SK Hynix (000660 KS) in the global high-bandwidth memory market in Q2
Pre-market regional news highlights Samsung Electronics narrowing its HBM gap with SK Hynix, alongside cross-border acquisitions and corporate investment discussions across Asia-Pacific markets.
News detail
AUSTRALIA ASX (ASX AT) - Co. reported August total cash market value of AUD 199.68bln, with average daily value rising 11% Y/Y to AUD 9.51bln and the average number of cash market trades rising 22% Y/Y. (Newswires) Nine Entertainment (NEC AT) - WIN Group bought 47.0mln shares in the Co. on-market, lifting its aggregate economic interest to 31.18% from 28.22% and voting power to 25.94% from 22.98%. (Dow Jones Newswires) Stanmore Resources (SMR AT) - Co. agreed to acquire the Moranbah South tenements from Exxaro for USD 105mln, extinguishing up to USD 60mln of deferred contingent consideration, with completion expected before the end of Q4 2026. (Dow Jones Newswires) JAPAN Dai-ichi Life Holdings (8750 JT) - Co. will acquire New Zealand-based Fidelity Life Assurance for USD 370mln as it seeks to increase the share of profit generated overseas. (Nikkei) Itochu (8001 JT) - Chairman Masahiro Okafuji said Co. would welcome additional investment from Berkshire Hathaway following CEO Greg Abel’s meetings with Japan’s major trading houses. (Nikkei) Kioxia Holdings (285A JT) - Co. plans to use enhanced NAND flash memory as an alternative to some DRAM applications to capture AI demand, deepen ties with major US technology companies and compete with Chinese rivals. (Nikkei) Mitsui O.S.K. Lines (9104 JT) - Co. is benefiting from higher freight rates for vessels carrying essential goods amid the de facto closure of the Strait of Hormuz, according to CFO Kazuya Hamazaki. (Nikkei) Subaru (7270 JT) - Co. and other Japanese aviation parts makers are forming a joint delivery network for components from subcontractors to reduce costs and workloads as Boeing raises aircraft production. (Nikkei) Sumitomo Corp. (8053 JT) - Co. is to retire treasury shares equivalent to 1% of outstanding shares. (Newswires) SOUTH KOREA Hyundai Motor (005380 KS) - Co. Executive Chair Euisun Chung met President Lee Jae Myung in a closed-door meeting, with the two reportedly discussing investment matters. (Yonhap) Samsung Electronics (005930 KS) - Co. narrowed the gap with market leader SK Hynix (000660 KS) in the global high-bandwidth memory market in Q2, according to industry data. (Yonhap) Other News South Korea’s Industry Minister Kim Jung-kwan said Seoul and Washington are continuing talks on US semiconductor tariffs under the understanding that South Korea will not be put at a disadvantage versus competitors. (Yonhap) South Korea will develop two next-generation land observation satellites for launch starting in 2030 to strengthen land monitoring and disaster response capabilities. (Yonhap)
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