Recently, Global Markets – GF Holdings (Hong Kong) Corporation Limited won two Excellence Awards, namely Structured Products (China Greater Bay Area (CGBA) and Structured Products Provider of the Year (CGBA), in Financial Institution Awards 2021 (Securities Sector) organized by Bloomberg Businessweek for its outstanding cross-border structured product capabilities and industry Influence. Bloomberg Businessweek has held the annual “Financial Institution Awards” for seven consecutive years, recognizing and awarding financial institutions with excellent market performances, growths, development and business strategy. Global Markets – GF Hong Kong, which has won the excellence awards, is committed to building a professional platform for cross-border financial…
Author: Marie Jones
Week-long global gourmet food parade and a whole lot more The HKTDC Food Expo, HKTDC Hong Kong International Wine & Spirits Fair (Special Edition), HKTDC Hong Kong International Tea Fair, HKTDC Home Delights Expo and HKTDC Beauty & Wellness Expo, hosted by the Hong Kong Trade Development Council (HKTDC), opened today at the Hong Kong Convention and Exhibition Centre (HKCEC). The five public fairs have assembled 900 exhibitors from Hong Kong and beyond to showcase a global selection of delicacies and lifestyle products. About 85% of the exhibitors said they are making available at least one consumption voucher payment method…
Mainboard-listed Sunpower Group Ltd. (Sunpower or the Group), a leading provider of industrial steam with a sizeable portfolio of 100%-recurring, long-term, cash-generating Green Investments (GI) projects that uses innovative integrated environmental protection technologies to facilitate the development of the circular economy and help China attain carbon peak and carbon neutrality, today announced its financial results for the six months to 30 June 2021 (1H 2021). Results Highlights Completed disposal of M&S business to unlock value and improved return for shareholders Paid substantial Special Dividend of S$0.2412 per share Recognised gain on disposal of RMB934.0 million Green Investments (GI) is now…
Wintermar Offshore Marine (WINS:JK) has announced results for 1H2021, achieving a gross profit of US$3.3 million for 1H2021, compared to gross loss of US$0.66 million for the same period last year, with fleet utilization recovering to 63%. Utilization improved from 61% in 1Q2021 to 63% in 2Q2021 as oil prices climbed, bringing total revenue for 1H2021 to US$20.1 million, just 8% lower than 1H2020. Due to the cost control measures and streamlining of fleet carried out, total direct costs reduced by 26% thus producing a gross profit of US$3.3 million for 1H2021. –Owned Vessel Division Owned Vessel Revenue declined slightly…
Synopsis, the world’s largest blockchain, crypto, DeFi and digital-art event, convenes for Edition III from September 20-24, a quarterly summit that draws hundreds of participants, and hundreds of thousands of viewers from around the world, and an event that gathers top-level experts and blockchain industry stars to present top trends, key questions, and compelling answers on the state of cryptocurrency markets today. Synopsis is being held for the third time this year to recreate the spirit of full immersion in the digital economy and decentralized finance. Its agenda includes round tables, panel discussions, solo performances, AMAs, and interviews. Synopsis will…
Along with changes in the domestic and foreign regulatory environments and the policy reform of the Hong Kong Exchanges and Clearing Limited (HKEX), the Hong Kong market becomes increasingly attractive to some China-based US-listed companies. The return of China-based overseas-listed companies has become a trend now. Li Auto Inc (2015.HK) is among the three major China-based overseas-listed NEV companies listing on HKEX today through a dual primary listing, after Xpeng Motors Inc (9868.HK) was listed in Hong Kong on July 7. The IPO is jointly sponsored by Goldman Sachs and China International Capital Corporation (CICC), with UBS as the financial…
The newly-formed Labuan Economic Sector Coalition (the Coalition) which comprises of various associations and business organizations released a press statement to express its grave concerns on the prospects facing Labuan due to unfair application of new SOP requirements, which are causing shipping firms and related major economic sectors to slow down or completely halt their activities on the island. This is despite the fact that Labuan is first among territories and states in Malaysia to have fully-vaccinated over 80% of its population and achieved herd immunity. The Labuan Economic Sector Coalition Members comprises of various associations and business organizations including…
A new self-help book, How To Talk To Strangers by Kerrie Phipps, was launched globally along with the co-authors of the book, reaching over 1000 people through the event was aired live on Facebook and Youtube. The book is an invitation to think more deeply about how you connect with others, so you don’t overlook essential connections or risk missing opportunities to impact people and the chance to change your own life in the process. Kerrie Phipps, the Author and publisher, says, “Stories of the kindness of strangers are so moving, the impression they have on people, and the power…
Bitcoin Latinum, the next-generation insured Bitcoin fork capable of massive transaction volume, digital asset management, cyber security, and capacity is announcing a partnership with Los Angeles based luxury hospitality and lifestyle company, The h.wood Group. The partnership involves cross-promotional marketing initiatives, event sponsorships, endorsements, and the acceptance of Bitcoin Latinum for services, products, and amenities across The h.wood Group’s diversified portfolio of upscale nightlife and restaurant venues. Guests will have the option to seamlessly pay for tables, drinks, food, and merchandise with Bitcoin Latinum, in addition to Bitcoin and Ethereum tokens. Founded by successful entrepreneurs John Terzian and Brian Toll,…
Hong Kong-based global power equipment and floorcare company Techtronic Industries Co. Ltd. (TTI or the Group) (stock code: 669, ADR symbol: TTNDY) announced its results for the six months ended June 30, 2021. The Group delivered extraordinary results for the first half of 2021, growing sales by 52.0% to US$6.4 billion. Gross margin improved for the 13th consecutive first half to 38.6%, and the growth in EBIT, net profit, and earnings per share all outpaced sales growth. EBIT increased 57.4% to US$572 million, net profit rose 57.9% to US$524 million, and earnings per share increased 57.8% to approximately US28.62 cents…
On June 10, 2021, the National Health Commission issued the notice “Distributing the Special Rectification Work Plan for Combating Illegal Medical Aesthetic Services.” On August 9, 2021, The People’s Daily published an article entitled – Medical aesthetic sector needs to achieve best effects and prevent adverse consequences. The article highlighted the current rectification plan in the medical aesthetic sector is to establish high industry standards, strengthen supervision, and crack down on illegal medical aesthetic services in order to create a clean and reliable medical aesthetic environment. This plan will foster new advances in medical aesthetic industry and encourage the sector’s…
After a long summer break, the MotoGP paddock roared to life once again in the Styrian Alps, as the Red Bull Ring came alive for Round 10 of the 18-race calendar. The Styrian GP lived up to the hype, delivering loads of nail-biting excitement, unexpected shocks and heart-stopping crashes. The highlight, however, was Pramac Racing claiming their maiden MotoGP win after 20 years competing in the series, coming after a stellar ride by rookie Jorge Martin. Martin edged out defending champion Joan Mir of Team Suzuki and maintained his composure after an early red flag to seal a notably well-deserved…
Butterfly Protocol and the XDC Network announced today that the Butterfly Protocol blockchain domain system will be used for an XDC blockchain-specific domain system. Through a grant from XinFin, a blockchain registry system will be created that allows developers and users of dApps to register domains and use a growing set of open-source tools to develop a standardized URL path to data and processes. In addition, to access dApps built for the XDC blockchain, the initiative will create human-readable wallet naming and the opportunity to create single sign-on access across the dApp ecosystem. Dana Farbo, Partnership Lead for Butterfly Protocol…
NextPlay Technologies, Inc. (Nasdaq: NXTP), a digital business ecosystem for digital advertisers, consumers, video gamers and travelers, announced today its in-game advertising unit, HotPlay, has formed a strategic partnership with Mediakeys, an international media and advertising agency. Since its founding in 1993, Mediakeys has become a global leader in digital and out-of-home (OOH) advertising with offices spanning 16 countries, including New York, London, Zurich, Hong Kong and Singapore. Its omnichannel platform spans digital, outdoor, airport, broadcast and print across the global markets, including the Americas, Asia Pacific (APAC), and Europe, Middle East, Africa (EMEA). HotPlay plans to leverage Mediakeys’ expansive…
AFEN has scheduled the release of its long-anticipated NFT marketplace. To be launched on August 20, 2021, the AFEN NFT marketplace is set to become one of the few African projects to move from idea to actual product. It will also move to compete with top ranking NFT marketplaces such as open sea, Rarible, and Foundation. Built on the Binance smart chain, the AFEN NFT marketplace has incredibly low transaction fees and less than 10% in commission from sales. What’s more exciting is, beyond the launch of the marketplace, AFEN is set to launch the biggest Afrocentric NFT project called…
The innovative voice technology enables private, secure voice recognition interaction in kiosks and digital signage Kardome today announced it has contracted with LG Uplus to install its Voice Activation Software in the mobile service provider’s store kiosks. Kardome is excited to partner with LG Uplus to provide its customers with secure voice interaction in its kiosk digital assistants. The voice technology startup will install its voice activation technology in 2,000 LG Uplus store kiosks throughout South Korea by the end of the year. LG Uplus is one of South Korea’s largest mobile service providers. The development of voice technology is…
Shougang Concord Century Holdings Limited (Shougang Century, together with its subsidiaries, the Group; HKG:103) is pleased to announce that, based on its preliminary assessment of the unaudited consolidated financial statements of the Group for the six months ended 30 June 2021, the Group expects a profit after tax of not less than HK$45,000,000, at least 25% more than that of HK$35,863,000 for the same period of the previous year. Such increase was primarily attributable to the material increase in sales volume of steel cords. Shougang Century is primarily engaged in manufacturing of steel cords for radial tyres, sawing wires and…
— Overall business performance impacted by the pandemic but sentiments are improving — Accomplished the Trust’s first overseas acquisition — Secured the Trust’s first-ever sustainability-linked loan Champion Real Estate Investment Trust (HKG:2778), the owner of Three Garden Road and Langham Place, announces its financial results for the six months ended 30 June 2021. Summary of financial results 1H 2021 1H 2020 Change Total Rental Income (HK$ mil) 1,260 1,342 – 6.2% Net Property Income (HK$ mil) 1,137 1,194 – 4.8% Distributable Income (HK$ mil) 790 804 – 1.8% Distribution per unit (HK$) 0.1200 0.1225 – 2.0% 30 Jun 2021 31…
Foster City, CA, Hangzhou and Shanghai, China, Aug 10, 2021 – (ACN Newswire) – Apollomics Inc., an innovative biopharmaceutical company committed to the discovery and development of mono- and combination oncology therapies, today announced the successful dosing of the first patient in Phase I clinical study of APL-102 in patients with advanced solid tumors. The Phase I trial is designed to assess the safety, tolerability and pharmacokinetics of APL-102 delivered via an oral capsule. “APL-102 is an internally discovered and developed tyrosine kinase inhibitor targeting multiple oncogenic drivers, and we are excited about advancing it for clinical testing to explore its…
Avance Clinical, the largest premium Australian CRO for international biotechs, has been awarded the prestigious Frost & Sullivan 2021 Asia-Pacific CRO Customer Value Leadership Award, the second consecutive Asia-Pacific (APAC) CRO Best Practices Award for the company from Frost & Sullivan. Avance Clinical is an Australian owned Contract Research Organisation (CRO) that has been providing high-quality clinical research services fit for global regulatory standards to the local and international drug development industry for 24 years. Frost & Sullivan says the Asia-Pacific’s CRO market value, currently at $6.01 billion, is estimated to reach nearly $11.04 billion in 2026, growing at…