-- HSBC Holdings (HKG:0005) plans to redeem $2.00 billion in debt, according to a Hong Kong bourse filing Friday.
The bank is looking to redeem its 1.589% fixed rate/floating rate senior unsecured notes due 2027.
The notes will be redeemed on May 24, the bank said.
Information technology stocks were leading gainers with a rise of 1.4% in midday trading on Friday.WiseTech Global (ASX:WTC) was up nearly 4%, and Xero (ASX:XRO) was marginally higher.On the flip side, consumer discretionary stocks were down 0.8% to lead decliners.Kmart owner Wesfarmers (ASX:WES) was shedding more than 1%, while Aristocrat Leisure (ASX:ALL) fell nearly 1%.
Zhejiang Huayou Cobalt's (SHA:603799) net profit attributable to shareholders in the first quarter jumped 99% to 2.50 billion yuan from 1.25 billion yuan a year earlier, according to a Shanghai bourse filing on Friday.Earnings per share rose 89% year on year to 1.32 yuan from 0.70 yuan.Operating revenue climbed 45% to 25.8 billion yuan from 17.8 billion yuan in the previous year.The battery manufacturer's shares rose less than 3% in morning trade Friday.
Here are the most actively traded stocks on New Zealand's Exchange on Friday.Kiwi Property Group (NZE:KPG): 2.3 million sharesArgosy Property (NZE:ARG): 1.6 million sharesSpark New Zealand (NZE:SPK): 1.2 million sharesFletcher Building (NZE:FBU): 908,737 sharesOceania Healthcare (NZE:OCA): 845,665 shares