Author: Marie Jones

AI Product Deployment Accelerates; Subscription Business Continues to Grow JX Online III Delivers Impressive Results Snowbreak: Containment Zone Expands into Global Markets Kingsoft Corporation Limited (Kingsoft or the Company; HKG: 3888), a leading Chinese software and Internet service company, has announced its unaudited 2023 interim results and its second quarter results for the period ended 30 June 2023. For the first half of 2023, the revenue of Kingsoft increased 13% year-on-year to RMB4,163.8 million. Revenue from office software and services business increased 21% year-on-year to RMB2,172.5 million. Revenue from online games and others increased 5% year-on-year to RMB1,991.3 million. Revenue…

Indonesia Commodity & Derivatives Exchange Group (ICDX Group), through its entity Indonesia Climate Exchange (ICX), officially facilitated the initial trading of Renewable Energy Certificates (REC). This first voluntary REC trade carried out by ICX was sourced from Geothermal Power Plants and also Micro Hydro Power Plants. This initial trade includes a REC transaction of 1.050 MWh, with an opening price of IDR 35,000 and an auction closing price of IDR 38,000, an increase of 8.57%. This trade is proof that market participants can trade market-based climate instruments through an effective, efficient, open platform, as proven by higher auction closing prices,…

Sri Trang Agro-Industry PCL (STA) has joined the Global Platform for Sustainable Natural Rubber (GPSNR) in the producers, processors and traders category. STA, a prominent natural rubber company founded in 1987, is dedicated to promoting sustainable and fair production of natural rubber on a large scale. Operating extensive rubber plantations spanning nearly 7,000 hectares in 19 provinces of Thailand, STA holds a significant position in the global natural rubber market. By joining GPSNR, STA demonstrates its strong commitment to advancing a more sustainable and ethical natural rubber sector. “We are thrilled to welcome Sri Trang Agro-Industry Public Company Limited to…

Atlas Lithium Corporation (NASDAQ: ATLX) (“Atlas Lithium” or “Company”) is pleased to announce the appointment of Mr. Nicholas Rowley as its Vice President of Business Development effective immediately. Mr. Rowley brings over a decade of experience with many strong relationships built over time throughout the global lithium space. Atlas Lithium plans to develop an environmentally friendly and efficient facility to produce lithium concentrate in Brazil’s Lithium Valley. The Company owns a large portfolio of mineral rights for hard-rock lithium in the state of Minas Gerais where Lithium Valley is located. Mr. Rowley joins the Atlas management team following a lengthy…

Five key shows attract close to 480,000 public visitors The Food Expo, Beauty & Wellness Expo and Home Delights Expo, organised by the Hong Kong Trade Development Council (HKTDC), concluded on a high note today while the two trade fairs – Food Expo PRO and Hong Kong International Tea Fair – drew to a successful close on 19 August. The five fairs featured more than 1,800 exhibitors from 24 countries and regions and attracted close to 480,000 public visitors, an encouraging recovery sign for the trade and fairs industries. The International Conference of the Modernization of Chinese Medicine and Health…

Ascendiant Capital Markets LLC (Ascendiant) initiates equity research coverage on Society Pass Inc. (Nasdaq: SOPA) (SoPa or the Company), Southeast Asia’s (SEA) next generation, data-driven, loyalty, fintech and e-commerce ecosystem. Click Here (on Society Pass website) or Here (on Ascendiant Capital Markets website) to view the full Ascendiant Capital Markets Equity Research Report. Summary Points: Strong 2Q 2023 Revenue Growth:SoPa reported its quarterly financial results on 10 August with 2Q 2023 revenues totaling $2.2 million, representing a 338% y-o-y. Major M&A:Announced in July 2023, the Company entered into an agreement to acquire 95% of PT Inetindo Info (“Inetindo”), a wholly subsidiary of Story-I…

What if the key to timeless beauty lies not in cosmetics or skincare products, but in our inner health? Gone are the days when beauty was merely skin deep, defined by cosmetics and outward enhancements. The buzzwords – Holistic Beauty – have been in the rage recently, where the concept of Holistic Beauty recognises that our physical appearance is a reflection of our overall health. Introducing the unsung hero of beauty and health: Antioxidants. These remarkable allies offer a more effective and long-term solution for women seeking radiance and vitality. Antioxidants, found in foods or supplements like French Pine Bark Extract, can help protect…

China BlueChemical Ltd. (China BlueChem or the Company, HKG: 3983), the leading chemical fertiliser and methanol producer in China, announced its unaudited interim results for the six months ended 30 June 2023. In the first half of the year, the Company’s revenue decreased by 16.2% to RMB 6.176 billion. Net profit attributable to shareholders of the Company significantly increased by 83% to RMB 1.715 billion, marking the record-high mid-year profit in the company’s history. Mr. HOU Xiaofeng, CEO and President of China BlueChem said, “The Company has consistently implemented its green and low-carbon development strategy. Due to ESG considerations, the…

Government of Singapore’s massive ICT strides have started the next wave of transformations in the country’s digital industries. Having spent $12.6 billion on ICT in the last four years, the government has been attracting multinational conglomerates to establish their regional headquarters in the island country. With surveys estimating Singapore companies to reach the top in APAC with Data Analytics and RPA usage, Tradepass organized BYTES – Big Data Analytics & AI Summit on 25-26 June at Sands Expo & Convention Centre, Singapore. Giving a quick feedback on the platform, Milind the Data Science Product Owner and AI Specialist from Mercedes…

Legend Capital’s portfolio company, Nuclei System Technology, a leading RISC-V CPU IP vendor in China, announces that NA900 has been certified to be compliant to ASIL D requirements of ISO 26262 standards for both systematic fault and random hardware fault. NA900 becomes the world’s first RISC-V CPU IP achieving ISO 26262 ASIL D product certificate. The NA900 processor has been developed as a hardware SEooC according to ISO 26262-10. The development meets the applicable ASIL D design specification, implementation and verification requirements of ISO 26262 parts 4,5,7,8,9 as guided by ISO 26262-10, and the functional safety management requirements per ISO…

Strong retail rebound with Langham Place Mall’s sales largely outperformed HK retail market The overall operating environment remained challenging amid uncertain global economic conditions and high interest rates Inaugural ESG Forum and Green Champion Challenge actively engaged tenants in carbon reduction 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 2023. Overview The full reopening with mainland China and a new round of the government’s Consumption Voucher Scheme helped revive the Hong Kong retail market in the first half of 2023. While…

Curates high-quality art content in collaboration with enterprises and government to contribute to tourism and industry development through major arts and cultural events Forward Fashion (International) Holdings Company Limited (Forward Fashion; HKG: 2528), a creative integrated group with three synergistic business segments – fashion, art and lifestyle – presents four arts and cultural projects in collaboration with the three major integrated resort operators in Macau and the Group’s multi-dimensional art space, Artelli, for the international art event “Art Macao 2023”. Leveraging their extensive artistic resources and curatorial experience, the parties aim to provide a more diversified and rich arts and…

Are you tired of fluctuating energy prices and unexpected power outages? It might be time to consider a home battery system. These energy storage solutions offer a range of benefits that can enhance your energy independence and financial savings. In this article, we’ll delve into the essentials of home battery systems, explore why they’re worth your consideration, and highlight key factors to keep in mind when making your decision. Understanding Home Battery Systems In a nutshell, a home battery system is a clever energy storage solution housed within your abode. It can store energy from the grid or your solar…

On August 16, Legend Capital’s portfolio company, Gambol Pet (301498.SZ), was successfully listed on the ChiNext Market of the Shenzhen Stock Exchange. Gambol Pet plans to issue 40,004,500 shares at an offering price of RMB39.99 per share, with an estimated total fundraising of approximately RMB1.6 billion. Engaged in the R&D, production and sales of pet food and providing multi-series products mainly for dogs and cats, Gambol Pet was founded in 2006 and is a leading pet food company in China. The company started with overseas OEM/ODM businesses and has gradually become a recognized supplier for international enterprises such as Walmart…

In-depth Analysis and Testing Unveil the Leading Brain-Boosting Supplements WholisticResearch, a leading authority in the realm of cognitive enhancement research, has recently unveiled its list of the top nootropic supplements for 2023. Following rigorous testing and comprehensive analysis, the organization has identified the most effective cognitive enhancers available on the market today. Authored by Jacob Kovacs, the head researcher at WholisticResearch, the article delves into the top nootropics that may enhance cognitive abilities. Understanding Nootropics Nootropics, often referred to as “brain boosters,” have gained significant attention for their potential to boost focus, productivity, memory, and mood. As the article states,…

Bridging Distances in Education: Fernstudium Infomaterial Unveils Comprehensive Analysis of Germany’s Top Distance Learning Providers for 2023 Fernstudium Infomaterial, a leading online platform dedicated to providing comprehensive information about distance learning, has released its latest comparison of the top distance learning universities in Germany for 2023. This in-depth analysis by Natascha Petrow aims to guide prospective students in making informed decisions about their education. A Surge in Distance Learning Popularity The number of distance learning universities in Germany has seen a significant rise in recent years. Natascha Petrow of Fernstudium Infomaterial highlights in her article that “a distance learning program…

Four concurrent events bring exquisite delicacies and spark joy for public Organised by the Hong Kong Trade Development Council (HKTDC), the eagerly anticipated HKTDC Food Expo, HKTDC Beauty & Wellness Expo, and HKTDC Home Delights Expo has grandly opened from today to 21 August at the Hong Kong Convention and Exhibition Centre (HKCEC) for five consecutive days. The three-day inaugural Food Expo PRO also kicked off this morning with the returning Hong Kong International Tea Fair at the same venue from today to 19 August. Moreover, the International Conference of the Modernization of Chinese Medicine and Health Products (ICMCM), organised…

Captures Tremendous Market Opportunities through Innovation, Market Expansion, Production Line Diversification and Capacity Ramp-up OrbusNeich Medical Group Holdings Limited (OrbusNeich or the Group; HKG: 6929), a major global medical device manufacturer specializing in interventional devices for percutaneous coronary intervention (PCI) and percutaneous transluminal angioplasty (PTA) procedures, today announced its interim results for the six months ended 30 June 2023, reporting growth in both revenue and net profit. Results Highlights: Revenue grew 18.2% to US$81.4 million, while revenue (excluding FX impact) growth rate reached 23.5% Net profit rose 213.3% year-on-year to US$25.2 million with net profit margin of 30.9%; while adjusted…

On August 9, the School-Enterprise Joint Research Centre for Advanced Battery Technology of Fudan University-Gotion High-Tech (the Joint Research Centre) was officially established and licensed in Jiangwan Campus of Fudan University. According to the agreement, both parties will carry out joint R&D and exchange on the projects of advanced materials and battery technologies such as sodium-ion batteries, thermal insulation materials and LMFP materials. Ma Yugang, an academician of the Chinese Academy of Sciences, an assistant to the president of Fudan University and the dean of the Institute of Science and Technology, and Cheng Qian, the executive president of international business…

Global, Sport-Inspired Brand to Again Serve as Official Apparel Partner for FIP’s Top Events USPA Global Licensing Inc. (USPAGL) has announced that U.S. Polo Assn., the official brand of the United States Polo Association (USPA), has extended its global partnership with the Federation of International Polo (FIP) through 2026. This extension marks a continued commitment to the global promotion of the sport of polo from the authentic, sport-inspired brand. True to the heritage of the brand, U.S. Polo Assn. is proud to support polo around the world. FIP is the international federation representing the sport of polo, officially recognized by…