News: Chinese Dongfang Modern Agriculture to List on ASX

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Avanco Ltd (ASX:AVB) anounced that the updated JORC Reported Mineral Resource at the Pedra Branca Project shows a global increase of 18% or ~70,000 tonnes of contained Copper. This has been achieved in conjunction with a significant improvement in resource confidence. Substantially more Copper has been defined and further resource upside has been identified at the Pedra Branca deposit.

Galicia Energy Corporation Limited (ASX:GAL) says that TV2U Singapore Pte Ltd has entered into a Collaboration Agreement with Divan.TV LLC. Divan.TV is a leading interactive television company that is targeting predominantly Russian speaking consumers, both domestically and globally for their service.

With a halt on the excitement of the Chinese Shanghai and Shenzhen stock exchange, the potential for Chinese companies listing on the Australian Securities Exchange seems attractive to both Chinese companies and Chinese investors alike. One such upcoming IPO is Dongfang Modern Agriculture Company who are set to list on the ASX this year. The company is also seeking to expand its camellia nut oil production and establish one of China's first larger scale oil production facilities.