Author: Marie Jones

HONG KONG — AAG Energy Holdings Limited (HKEX stock code: 2686) is pleased to announce its operation update for the 4th quarter of 2016. AAG Energy CEO & President, Jing Li commented: “2016 was a challenging year for most upstream operators under the continued low oil & gas price environment. We are happy to have had another year of robust production increase from Panzhuang and significant progresses made on the Mabi pilot program and ODP I approval. With continued improvement in operations efficiency and cost control, AAG is well positioned to further expand our business and provide more clean energy to…

Awards categories include renewed focus on data & technology and brand experience LONDON — The Cannes Lions International Festival of Creativity has today announced that entries to the prestigious Lions awards are open. This year, there are no new Lions and significant focus has been placed on improving and simplifying the entry process to ensure it is clear and easy to navigate. Improvements include a new 10-point entry checklist, designed to guide people through the system more effectively. The Lions, the global awards that celebrate the best creative work, commend and honour 24 key disciplines, from Innovation, Product Design and…

HONG KONG — Luk Hing Entertainment Group Holdings Limited (“Luk Hing Entertainment” or the “Group”; stock code: 8052), a premium clubbing and entertainment business operator based in Macau primarily engaged in operating Club Cubic. Being the exclusive master franchisee of “Monkey Museum” entertainment business in the People’s Republic of China (the “PRC”) after entering into an exclusive master franchising agreement with Yuri Holdings Co., Ltd. (“Yuri”) earlier, Luk Hing Entertainment today is pleased to announce that the Group and Yuri have entered into a sub-franchising agreement with a sub-franchisee in the PRC for the opening and operation of the first…

Promote IPX direct-connection in Asia-Pacific HONG KONG — China Unicom Global Limited (CUG) signed the IPX direct-connection bilateral Agreement with PCCW Global Limited (PCCW Global), Hutchison Global Communications Limited (HGC) and Chunghwa Telecom Co.Ltd (Chunghwa) respectively , which achieved directly interconnection between CUG and above partners IPX network. Direct IPX peering between CUG and the partners’ network will expand China Unicom mobile roaming covering areas and provide corresponding countries/regions mobile customers with high-quality telecommunication services, including 3G & LTE voice, data roaming, voice transport as well as advanced IP-based service, such as VoLTE, HD video call & video conference. According to…

HONG KONG — Hua Hong Semiconductor Limited (“Hua Hong Semiconductor” or the “Company”, together with its subsidiaries, the “Group”; stock code: 1347.HK), a global leading pure-play 200mm foundry, today announced that it has achieved an initial success by concluding the Stage I in its R&D of the third-generation Super Junction MOSFET (“SJNFET”) process platform, which will be introduced to the market gradually in the first half of 2017. As a global leading pure-play 200mm foundry with more than 10-year’s proven track record in stable volume production of power discrete, Hua Hong Semiconductor solved the world-class difficulty of deep trench etching filling…

HONG KONG — Sino Harbour Holdings Group Limited (“Sino Harbour” or the “Group”) (Stock code: 1663) is pleased to announce that it has set up a new subsidiary Guangxi Gangrun Bio Technology Limited (“Guangxi Gangrun”) in order to tap the emerging stem cell industry in Guangxi Zhuang Autonomous Region in the PRC. Guangxi Gangrun is held by Zhejiang Sino Harbour Bio Technology Limited (“Zhejiang SH”), the Group’s indirect wholly-owned subsidiary, together with Zhejiang Gene Stem Cell Biotech Company Limited (“Zhejiang GSCB”) and Mr. Mao Jianfeng in the proportion of 60%, 30% and 10% respectively. The principal activities of Guangxi Gangrun include…

Tremendous Opportunities Seen in Fashion E-tailing HONG KONG — The 48th edition of Hong Kong Fashion Week for Fall/Winter ended today at the Hong Kong Convention and Exhibition Centre. The four-day fashion fair (16 to 19 January), organised by the Hong Kong Trade Development Council (HKTDC), welcomed some 15,000 buyers from 77 countries and regions. Watch our fair video here https://youtu.be/_Nnu_Wd73qw HKTDC Deputy Executive Director Benjamin Chau noted that the fashion industry is facing immense challenges amidst economic and political uncertainties and lacklustre retail sales. “In spite of that, Hong Kong companies are versatile and with e-commerce developing steadily, companies can…

SEOUL, KOREA — Suprema, a global leader in biometrics and security, announced that the company will showcase the world’s fastest and most advanced face recognition technology at Intersec 2017. At the show, Suprema will showcase a prototype version of long-awaited FaceStation 2, the company’s flagship face recognition terminal which is designed for use in access control and time & attendance applications. The new FaceStation 2 is loaded with Suprema’s latest face recognition technology providing the world’s best performance in terms of matching speed, user capacity and operating illuminance. Speaking of speed, the new technology performs ultra-fast matching speed of 3,000 matches…

In recognition of exceptional performance of 20 enterprises, elites from various sectors, local and China media gathered with support HONG KONG — The award presentation ceremony of Quamnet Outstanding Enterprise Awards 2016 (QOEA), organized by Quamnet, successfully held on 12 January 2017 at The American Club Hong Kong. The representatives of the awarded enterprises and honorable guests convened, sharing the joy of achievements and exchanging ideas of successful experience. The ceremony drew media attention and was greatly supported by renowned members from the business community. QOEA marks its eighth year; successful enterprises flourish Since 2009, Quamnet has been organizing Quamnet Outstanding…

Offering stronger disaster prevention measures with accurate grasp of earthquake observation data  TOKYO — NEC Corporation (NEC; TSE: 6701) today announced the supply of a wide-area disaster prevention system to the Meteorological, Climatological and Geophysical Agency of the Republic of Indonesia (Indonesia). A grant aid from the Japanese government program for improving equipment for disaster risk management will be used for this system, which is scheduled to commence operation in the first half of 2018. Indonesia is a country with an extremely high risk of earthquakes, as seen by the significant damage caused by the Great Sumatra Earthquake in December 2004.…

HONG KONG — PuraPharm Corporation Limited (“PuraPharm” or the “Group”, HKEX: 1498), a leading Hong Kong-based Chinese medicine company specialising in the research and development, production and sale of Concentrated Chinese Medicine Granules (“CCMG”) products under the “Nong’s” brand, has announced that its acquisition agreement signed with Gold Sparkle Plantation Company Limited (“Gold Sparkle Plantation”) on 9 November 2016 was unanimously voted for at its extraordinary general meeting held yesterday. Pursuant to the agreement, the Group is to acquire the entire equity interest in Gold Sparkle (Guizhou) HZ Plantation Co., Ltd. and Gold Sparkle (Guizhou) Chinese Medicine Co., Ltd. owned by…

Well-positioned to penetrate further into the OTC drug markets in Hong Kong, China and Asia Pacific HONG KONG — Jacobson Pharma Corporation Limited (“Jacobson Pharma” or the “Group”; Stock Code: 2633), a leading company engaged in the research, development, production, marketing and sale of generic drugs and proprietary medicines, today announced its acquisition of a family of popular household brands, namely, Saplingtan, Shiling Oil and Col-gan Tablet. Saplingtan and Shiling Oil are both popular household brands with close to a century of heritage enjoying a high brand awareness amongst the Chinese consumers in Hong Kong, China and various other overseas markets.…

Over 1,500 Exhibitors Showcase the Latest in Fashion HONG KONG — The 48th Hong Kong Fashion Week for Fall/Winter, a superb fashion sourcing platform in Asia, opened yesterday at the Hong Kong Convention and Exhibition Centre. The four-day show (16 to 19 January), organised by the Hong Kong Trade Development Council (HKTDC), features more than 1,500 exhibitors from 21 countries and regions, showcasing the latest fashion designs, garment, accessories, fabrics and sewing supplies. Under the theme “Hall of Games”, this year’s Fashion Week for Fall/Winter incorporates board game elements throughout the fairground to enhance the ambience. With healthy living becoming a…

INDIA — CASBAA, the Association of Asia’s pay-TV Industry, today warmly applauded the judicial review now underway in India of proposed extension and tightening of India’s pay-TV rate regulations. The Madras High Court is currently reviewing the clash between the rights of copyright owners around the world and new tariff regulations proposed by the Telecom Regulatory Authority of India (TRAI). The court has ordered the TRAI not to give effect to the rules until the underlying issues are considered, with a hearing now set for January 19th. CASBAA CEO Christopher Slaughter observed that the new rules would be a major negative…

Some 100 Global Financial Experts Explore the Theme of “Asia: Driving Change, Innovation and Connectivity” HONG KONG — The 10th edition of the Asian Financial Forum (AFF), co-organised by the Hong Kong Special Administrative Region (HKSAR) Government and the Hong Kong Trade Development Council (HKTDC), opened yesterday at the Hong Kong Convention and Exhibition Centre (HKCEC). The two-day forum marks the first in a series of events celebrating the 20th anniversary of the establishment of the HKSAR. Under the theme “Asia: Driving Change, Innovation and Connectivity”, the AFF features some 100 financial and business leaders, policymakers, investors and high net-worth individuals…

Chicago Merc becomes first global exchange to adopt qbeats QMV(TM) technology NEW YORK — qbeats announced today that its multi-patented QMV(TM), a dynamic content valuation and pricing system bringing the value of content to life, has gone live with CME Direct, the highly-configurable trading front end for all listed CME Group markets. CME Group (NASDAQ: CME), the world’s leading and most diverse derivatives exchange, will become the first full marketplace to offer premium financial content for purchase powered by qbeats’ QMV, an AI-based machine-learning platform that parses, ranks, and dynamically values digital content based on impact and demand. Offering a selection…

Visitors Up 2% Over Last Year; Smart-tech Products Remain Popular HONG KONG — Gathering some 3,300 global exhibitors, the HKTDC Hong Kong Toys & Games Fair, HKTDC Hong Kong Baby Products Fair, Hong Kong International Stationery Fair and HKTDC Hong Kong International Licensing Show – attracted a total of close to 120,000 buyers, up two per cent over last year. The Toys & Games Fair, Baby Products Fair and Stationery Fair concluded today, while the Licensing Show closed yesterday. Watch our fair video here https://youtu.be/tNOkTSmAePg More than 46,000 buyers visited the Toys & Games Fair; the Baby Products Fair attracted over…

TOKYO — JCB International Co., Ltd. (JCBI), the international operations subsidiary of JCB Co., Ltd., today announced that it became the main sponsor of the Visit Greenwich Destination Leaflet in the United Kingdom. Greenwich is the historic area in London with visitor attractions, accommodation providers, transport operators, meetings and event venues, the hospitality and retail sectors and the travel trade and media. Visit Greenwich is a public/private partnership, led by a board of tourism professionals, representing different sectors of the industry, with an independent chair. It promotes Greenwich and the surrounding area as a visitor destination and place to stay. Visit…

Grenada, West Indies — A student from The People’s Republic of China has officially started his medical degree after receiving a scholarship to St George’s University in the Caribbean island of Grenada. Yecang Chen recently attended SGU’s 20th biannual White Coat Ceremony at Northumbria University in the UK, where he will complete the first year of his MD studies as part of the Keith B Taylor Global Scholars (KBTGS) Program. He joined over 90 other international students on the program, which teaches first year sciences at Northumbria University before completion of preclinical training in Grenada. The Global Scholar’s Program encourages students…

Major investment to deliver digital transformation to fast-growing sectors across Asia, including finance, manufacturing and Internet of Things Singapore, Hong Kong and Tokyo — Colt, the global high bandwidth network provider, announced today it will expand and enhance the Colt IQ Network(TM) in Singapore and Hong Kong in 2017 as part of its plans to invest significantly into Asia over the next three years. In Singapore, these investments will revolve around a series of initiatives that include a large-scale expansion of existing coverage, provisioning of high-bandwidth capacity, and new digging projects for Colt’s next-generation fibre. The Colt network expansion, comprising both…