Redsun Services Group Limited (HKG:1971), a fast-growing comprehensive community service provider focused on the Yangtze River Delta, has been given a “Buy” rating by CMB International, along with an increase in its target price to HK$9.17. CMB International believes that Redsun Services will deliver stronger-than-expected 2020 (Estimated) core profits (excluding listing expenses), seen spiking by 50% year-on-year to RMB88 million against market expectation of 40% growth. The Group’s managed GFA will grow by 60% year-on-year and reach 25,000,000 sq.m. in 2020. Value-added services could become a new growth engine. Redsun Services achieved a robust 261% growth in its agent business…
Author: Marie Jones
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Huatai Securities Co., Ltd. (601688.CH; 6886.HK) sponsored the “One Yangtze” Sustainable Development Forum in Beijing, to encourage communication between the capital market and ecological environment protection field. Representatives from the Ministry of Ecology and Environment (MEE), National Forestry and Grassland Administration, Shanghai Stock Exchange, Peking University, Chinese Academy of Sciences, together with representatives from ecological environment organizations and the financial industry, jointly explored the ecological environment access in ESG investment to improve the application of data in order to promote sustainable development. In recent years, many investment projects have caused damages on the ecological environment and biodiversity. Although under the…
Champion Real Estate Investment Trust (HKG:2778), owner of Three Garden Road and Langham Place, has garnered various prestigious accolades in multiple categories during the year, despite the turbulent business environment. Among the recent honours bestowed on Champion REIT is The Asset Triple A Country Awards 2020 -The Best Corporate Bond (Hong Kong), which highlights its financial management excellence, and follows on the heels of the issue of 10-year USD300 million medium term notes during the first half of 2020. The deal marked the return of Champion REIT to the US dollar bond market after more than seven years, and represents…
On December 17, the largest index provider, Morgan Stanley Capital International (MSCI) updated a report on the ESG (Environmental, Social and Governance) rating for China Medical System Holdings Limited, a well-established, innovation-driven specialty pharma with a focus on sales & marketing in China. According to the report, China Medical System’s ESG rating has been upgraded from “BBB” to “AA”, surpassing 88% of companies in the global pharmaceutical industry, and symbolizing that the Company has reached a leading level among its global peers in ESG management. In the report, MSCI recognized China Medical System’s outstanding performance in Corporate Governance, Corporate Behavior,…
SINGAPORE, Dec 21, 2020 – Moonstake, the ‘Plug and Stake’ partner of OIO Holdings Limited (listed on SGX), held a joint panel discussion with its partners Onchain Custodian and Ruby Capital, titled “Institutional Digital Asset Trends for 2021 – What else apart from DeFi?”. In this quickfire discussion, the expert panel consisting of Lawrence Lin, CEO of Moonstake, El Lee, Co-Founder and COO of Onchain Custodian and Wang Pang Jun, Director of Ruby Capital, addressed the key trends going into 2021 after months of invocation and growth in the DeFi ecosystem in a volatile 2020. Key takeaways The Market Is…
The QRC Group (QRC) has announced the first publication of a Security Token Specification, independently facilitated and published by BSI, the UK National Standards Body. Called PAS 19668, the specification provides requirements for the publication of relevant information and the technical attributes of security tokens, covering tokens issued on any distributed ledger system. In the absence of an industry-wide standard, security token information has been organized and presented in various formats and different locations, making access highly inefficient and increasingly complex for investors and active market participants. PAS 19668 is an effort to fill that gap by specifying how information…
Strawbear Entertainment Group has passed the hearing of HKEX and will launch IPO in earlier next year. Strawbear Entertainment Group is a major drama series producer and distributor in the PRC, covering the investment, development, production and distribution of TV series and web series. In addition, the Company is the only drama series producer and distributor that distributed new drama series on all of the eight dominant distribution channels, namely the top five TV channels and top three online video platforms in 2019. According to the Frost & Sullivan Report, Strawbear Entertainment Group ranked fourth among all drama series producers…
On December 17, BYD announced the delivery of 470 pure electric buses to Bogota, the capital of Colombia. This is the country’s largest pure electric bus fleet, and also the largest bus fleet BYD has delivered in the Americas, which will effectively promote the already fast-growing electrified public transport systems in Colombia, Latin America and the entire Americas. The Bogota City Government and the Bogota City Public Transport Authority (TRANSMILENIO S.A) held a grand launch and delivery ceremony for the first batch of 120 buses. This batch of buses will be delivered to 9 bus routes across the city by…
The Ministry of National Development Planning/BAPPENAS together with the National Secretariat of SDGs Indonesia have launched the ‘SDGs Media Compact Indonesia’. This Media Compact aims to increase the involvement and role of Indonesian mass media in achieving Sustainable Development Goals (TPB / SDGs). “Based on Intelligence Media Management, of 50 media in Indonesia, only four percent consistently report in the spirit of the Sustainable Development Goals. Under these circumstances, where media involvement and public understanding are only developing, we have established the SDGs Media Compact in Indonesia,” said Amalia “Winny” Adininggar Widyasanti, Head of the National Secretariat SDGs Indonesia and…
Taco Bell officially opened its doors to the public in Indonesia on December 18, 2020. PT Fast Food Indonesia (IDX: FAST) will be utilizing its expertise in developing global retail restaurant brands in the Indonesian market by introducing Taco Bell. PT Fast Food Indonesia is committed to advancing Indonesia’s food and beverage industry and contributes to the nation’s economic growth by performing a sustainable development in fast food restaurant retail through the Taco Bell establishment in Indonesia. The first restaurant is located on Jalan Senopati, South Jakarta, a cosmopolitan neighborhood located near the heart of the city’s CBD. This restaurant…
– The ten-million-dollar purchase represents assets in excess of forty million dollars – The addition of these assets makes NaturalShrimp, Inc the largest square footage RAS shrimp company in the United States Dallas, TX, Dec 18, 2020 – (ACN Newswire) – via NewMediaWire – NaturalShrimp, Inc. (NSI), (OTCQB:SHMP), an aquaculture Company which has developed and patented the first commercially operational Recirculating Aquaculture System (RAS) for shrimp, announced today that it has formally closed the acquisition for the assets of Alder Aqua, formerly known as VeroBlue Farms in Webster City, Iowa, including but not limited to the real property, equipment, tanks, rolling stock, inventory, permits,…
Back in 1995, China didn’t even have dial-up networking when China Telecom planned to open two 64-k lines through Sprint, an American company, one in Beijing and the other in Shanghai, which became the earliest commercial Internet in China. AsiaInfo (HKG:1675) won this order, thus creating ChinaNet, the first commercial Internet backbone network in China. So to speak, AsiaInfo was the legend that opened the gate to the world of Internet for China, and it also became the first Chinese high-tech company that was listed on NASDAQ. Twenty years later, AsiaInfo, an old telecome software giant, delisted from the American…
Identify from a drop of blood whether a person’s Covid-19 vaccine is still valid, in 5 Minutes! Swiss high-tech company ZENUM has developed one of the most advanced technologies in the fight against Covid-19, and it could be ready for distribution as early as next month. The world’s first five-minute portable Coronavirus test will also detect how much immunity remains after taking a vaccine. The game-changing ZEKNANO rapid test kit uses a tiny finger-prick blood sample, instead of swabs. It can be taken anywhere, has close to 100% accuracy, and also measures severity of infection. Thanks to nanotechnology, ZEKNANO not…
The 2020 Food Taipei Mega Shows, a major food event which attracts visitors from across the world each year, is now being held in Taipei. Taiwantrade.com, the B2B e-portal operated by the Taiwan External Trade Development Council, will be hosting a livestream for its member manufacturers to display their food products at 15:00 (GMT+8) on December 18. The livestream will be welcomed by the proprietors of chain beverage stores, supermarkets and convenience stores, and their purchasing managers; proprietors who are looking for material outsourcers for leisure snacks and bubble tea; and buying agents and professionals who are interested in Taiwan’s…
Hua Medicine (HKG:2552), a leading innovative drug development company focused on developing novel therapies for the treatment of diabetes, today announced: Successfully completes two Phase III 53-week registration trials in over 1,200+ Chinese patients in the midst of the COVID-19 global pandemic on time and with high quality data and results Dorzagliatin is safe and well tolerated in both the 24-week and 52-week periods of the DAWN Trial in Chinese T2D patients who have failed glycemic control with maximum daily dose of metformin (1500mg/day) Unlike many other oral antidiabetic drugs, dorzagliatin does not increase hypoglycemia incidence rate when used in…
Endexx Corporation (OTC: EDXC): Music magnate, mega producer and GRAMMY(R) Award-winning artist DJ Khaled announces his entrance into the CBD industry. Inspired by his personal wellness journey, Khaled, in partnership with Endexx, a leading producer and manufacturer of hemp-derived CBD wellness products, will introduce his new company and debut the first collection in 2021. Although most well-known for his contributions to the music world, the self-made businessman turned international music icon is also a dedicated family man — committed to instilling the importance of health and wellness into everyday life. Grateful to be a father, he released two albums in…
Elrond, the blockchain offering a 1000x improvement in speed, scale, cost and user experience, has announced its token eGold (EGLD) will debut in the eToro ecosystem on Wednesday, Dec 23rd, when it becomes available on the eToroX exchange. EGLD is native to the Elrond network and represents a medium of exchange between users & developers who pay to use the network and validators who take fees as payment for the services they provide. eToro is a rapidly growing global $2.5bn unicorn that offers digital asset management services to 15 million users trading stocks, commodities, forex, and cryptocurrency markets. eToroX is…
Carsome, Southeast Asia’s largest integrated car e-commerce platform, recently completed its Series D fundraising. The US$30 million round, one of the largest all-equity financings to-date in Southeast Asia’s online automotive industry, was led by Asia Partners and was joined by existing Carsome investors Burda Principal Investments and Ondine Capital.According to Eric Cheng, Co-founder and Group CEO of Carsome, this fundraising round, the largest equity investment in Carsome’s history, is a strong endorsement of its integrated business model, with end-to-end digital enablement across used car sellers, dealers, and buyers. “We will use this capital to strengthen our existing regional leadership in…
Captiva Verde Land Corp. (CSE: PWR) (OTC: CPIVF) (the “Company” or “Captiva Verde”), is pleased to announce that further to its news release of July 27, 2020, where Captiva Verde has executed a share exchange agreement to acquire 100% of Salud Esmeralda de Mexico SA de CV, (“Esmeralda”) whereby Esmeralda holds a comprehensive pharmaceutical license to sell, market and distribute an entire suite of 300+ pharmaceutical, health, wellness and veterinarian products which include all narcotic, psychoactive and non-psychoactive drugs listed under Groups I, II & III in Mexico, and has executed a sales agreement with the Chairman of both the…
Azooka Labs, a leading safe fluorophore company with specialization in Molecular Biology products, reveals its first range of novel COVID-19 diagnostics products. RNA Wrapr is a molecular transport medium for COVID-19 sample collection, developed as part of the COVID-19 response team from Indian Institute of Science. RNA Wrapr inactivates the virus immediately only preserving DNA/RNA content required for RT-PCR tests. The sample tubes can be stored up to 7 days in Room Temperature and transported without dry ice or gel packs. RNA Wrapr is safe to handle even during unexpected accidental spillage or handling errors. Developing countries can collect samples…