On August 8, the first batch of data center REITs—Nanfang Range Technology Data Center REIT and Nanfang Wanguo Data Center REIT—officially debuted on the Shanghai and Shenzhen stock exchanges, both hitting the daily price limit on their first day of trading, closing at RMB 5.850 and RMB 3.9, respectively. Their strong performance marked the official entry of the REITs market into the “tech new infrastructure” arena and underscored the important role of industrial capital in driving the securitization of computing power infrastructure. As a key investor in both projects, Shoucheng Holdings Limited (0697.HK) has once again found itself in the…
Author: Marie Jones
TransNusa Increases Flight Options For Two Routes From Manado PT TransNusa Aviation Mandiri converts two chartered flights from Manado to scheduled commercial flights Tickets sale for Manado to Shanghai and Manado to Shenzhen started on July 29, 2025 TransNusa continuously expands international route and starts strengthening Manado base in Indonesia FOCUSING on organic growth, TransNusa converts two charter flight routes between Manado and Shanghai as well as Manado and Shenzhen to scheduled commercial routes, starting 8 September and 2 October, respectively. TransNusa Group Chief Executive Officer, Datuk Bernard Francis said while the Manado-Shenzhen scheduled commercial flight is direct, the Manado-Shanghai…
Strong Results Reflect Rising Demand, Business Growth, and Strategic Investments Amid Saudi Arabia’s Accelerating Energy Transition Saudi Electricity Company (SEC) continued to deliver robust financial and operational performance in the second quarter and first half of 2025.Revenue for Q2 grew by 24% to reach SAR 27.7 billion, while gross profit rose by 42% to SAR 7.4 billion. Operating profit increased by 21% to SAR 6.8 billion, and net profit reached SAR 5.3 billion-marking a 22% year-on-year increase. For the first half of 2025, SEC reported a revenue growth of 23%, totalling SAR 47.2 billion. Gross profit rose by 40% to…
Everest Medicines (HKG: 1952) recently announced the Taiwan Food and Drug Administration (TFDA) has approved the supplementary application for NEFECON(R). NEFECON(R) is indicated to reduce the loss of kidney function in adults with primary immunoglobulin A nephropathy (IgAN) who are at risk for disease progression, irrespective of proteinuria levels. With this label update, the previous requirement in accelerated approval stage to submit full confirmatory trial analysis to demonstrate clinical benefit has been formally removed. Additionally, data demonstrating NEFECON(R)’s efficacy in delaying kidney function decline has been included in the approved product label. IgAN is highly prevalent among Asian populations, with…
Currently, advancements in artificial intelligence (AI) technology are driving the evolution of AI from iterative improvements in algorithms to significant breakthroughs in computational infrastructure. During this round of technological evolution, a massive demand for AI inference computing is emerging, setting new benchmarks for the architecture and cost-efficiency of computing power. Compared with general-purpose GPU architectures, NPU chips designed specifically for AI inference scenarios have become the foundation supporting the large-scale commercialization of AI industries due to the advantages such as high cost-effectiveness, energy efficiency and customization. These chips are gradually becoming one of the mainstream development directions for AI chips,…
From August 8 to 12, 2025, the 8th World Robot Conference (WRC 2025) was held in Beijing. As one of the most influential global events in the robotics sector, this year’s conference achieved record highs in exhibition space, participating companies, and the level of technology showcased. Over 500 companies from around the world gathered to present cutting-edge robotics technologies and real-world applications across industrial, service, special-purpose, and humanoid categories. The event featured significantly more dynamic demonstrations and interactive experiences compared to previous years, reflecting the industry’s accelerated shift from “tech showcases” to “commercial deployment.” For Shoucheng Holdings (0697.HK), a long-term…
‘A Thousand Years of Chaozhou Flavour, A Legacy Passed Down Through Generations.’ As one of the three major branches of Cantonese cuisine, Chaozhou cuisine is distinguished by its refined techniques and delicate seafood dishes, with an emphasis on the purity of flavour and meticulous preparation, all reflecting a deep-rooted cultural heritage. In this spirit, and to encourage the exchange of culinary skills, the Greater Bay Area Homeland Youth Community Foundation once again partnered with the Chinese Culinary Institute to launch the ‘Chinese Culinary Culture Training Programme — Chaoshan Edition’. From 26 July to 2 August, a group of about 30…
Qube Integrated Malaysia Sdn. Bhd. (Qube), a leading local business events industry player celebrating its 20th anniversary this year, won 10 prestigious awards at the Malaysia Business Events Awards (MBEA) 2025, organised by the Malaysian Association of Convention and Exhibition Organisers and Suppliers (MACEOS) last night. The company, an established name in the MICE (Meetings, Incentives, Conferences and Exhibitions) industry, was honoured at the event held at the Kuala Lumpur Convention Centre with five Excellence Awards and five Merit Awards, out of the 10 categories it was shortlisted for, including: 1. Exhibition Management Excellence Award: Qube for Malaysia International Halal…
The 35th Hong Kong Book Fair was held at Hong Kong Convention and Exhibition Centre from July 16 to 22, 2025. Organized by Hong Kong Trade Development Council, this year’s theme was “Food Culture • Future Living.” The event brought together publishers, authors, and readers to promote a culture of reading. Sino United Publishing’s subsidiaries, including Joint Publishing (H.K.) , Chung Hwa Book Company (H.K.), and The Commercial Press (H.K), participated in the exhibition, leasing over 200 booths and showcasing nearly 1,000 new titles, offering readers a rich literary feast. Among the titles exhibited by Joint Publishing, one book stood out…
Award-winning GPU-based RAID solution delivers unmatched resilience and efficiency for modern HPC and AI workloads. Graid Technology, inventor of the world’s first GPU-based RAID, today announced the global availability of SupremeRAID™ HE (HPC Edition)-a next-generation RAID solution engineered to deliver high availability and resilient NVMe performance for AI, HPC, and large-scale enterprise environments. Graid Technology Announces Global Availability of SupremeRAID™ HE, Wins Best of Show at FMS 2025 The announcement follows the product’s recognition at FMS (Future of Memory & Storage) 2025, where SupremeRAID™ HE received the Best of Show Award for Most Innovative Enterprise Business Application, HPC Category. The award highlights the industry’s growing…
Sport-Inspired Brand Recognized for Reaching $2.5 Billion in Global Retail Sales in 2024 USPA Global today announced that U.S. Polo Assn., the official brand of the United States Polo Association (USPA), has once again been ranked in the Top 25 on License Global magazine’s list of Top Global Licensors for 2025, and is now ranked the No. 1 sports brand on the prestigious list. Recognized as one of the world’s largest sports and apparel licensors, U.S. Polo Assn. remains in the 23rd position overall, alongside other high-profile sport brands, such as the NFL Players Association, Formula 1, and the PGA Tour. U.S. Polo…
– Mainland consumers favour online shopping for Hong Kong products, view brands as high-quality, reputable and authentic 78% of respondents had bought Hong Kong products online in the past year particularly young consumers and those in areas with higher consumption levels. Online shoppers hold positive views of Hong Kong products and brands, giving an average score of 8.7 to Hong Kong products. Genuine products, reputable merchants and wide product selection are the most important considerations for respondents, over low prices and other factors when purchasing online. Mainland online shoppers mostly buy electronic, luxury and fashion goods from Hong Kong. Hong…
The 2025 World Robot Conference (WRC), themed Empowering Robots with Intelligence, Enhancing Embodied Intelligence, will officially kick off on August 8 at the Beijing Yichuang International Convention and Exhibition Center. As the largest edition to date, WRC 2025 serves as both a comprehensive review of the past decade of industry development and a full-spectrum preview of the first commercial year of humanoid robotics. This year’s event will welcome over 200 leading robotics companies from China and abroad, showcasing more than 1,500 exhibits, including 100+ global product debuts in humanoid robotics, core components, industrial automation, and service robotics. Three themed exhibition…
The Hong Kong Trade Development Council (HKTDC) announced today the appointment of Sophia Chong as the Executive Director with effect from 1 October succeeding Margaret Fong, who is to retire. Ms Chong is currently a Deputy Executive Director of HKTDC. Professor Frederick Ma, Chairman of HKTDC, stated, “Sophia is an innovative, resolute and wise leader. Over the years, she has worked closely with small- and medium-sized enterprises (“SMEs”) with a view to enhancing Hong Kong’s commercial and trade influence with remarkable achievements. I firmly believe that she will lead the HKTDC to a new chapter upholding the enterprising spirit of…
FWD Private serves the global high-end insurance market with diversified asset allocation, wealth management and legacy planning Newly indexed universal life product also introduced in Bermuda and Singapore; among the first wave of offerings in Hong Kong FWD Group Holdings Ltd (FWD; 1828.HK) today announced, under its exclusive ‘FWD Private’ brand, the completion of a high-net-worth (HNW) hub in Asia and the full deployment of a new FWD Private Lounge in Hong Kong. Leveraging FWD Group’s strong network, FWD’s HNW business operates out of three jurisdictions: Hong Kong, Singapore and Bermuda, with both onshore and offshore insurance solutions for HNW…
A major breakthrough in surgical embodied intelligence in Robot-Assisted Surgery (RAS) has been achieved in Hong Kong, China. At a press conference held on 5 August, the Chinese University of Hong Kong (CUHK) officially announced that its multidisciplinary research team, in collaboration with Cornerstone Robotics, a leading global innovator and unicorn enterprise in surgical robotics, has successfully developed the world’s first embodied intelligence platform for multitask surgical automation. The team also completed the world’s first clinical validation of autonomous surgery using this platform on Cornerstone Robotics’ self-developed Sentire® Endoscopic Surgical System. The research paper, titled “Surgical Embodied Intelligence for Generalized Task Autonomy…
– Strong growth promotes transformation into AI data service Phoenitron Holdings Limited (Phoenitron or the Company, together with its subsidiaries, the Group; HKG: 8066) is pleased to announce that the Group’s e-commerce business has continued to grow rapidly, achieving groundbreaking results. Based on the unaudited management accounts of each of the Group’s wholly-owned subsidiaries, Shanxi Dongchuang Digital Entertainment Technology Group Company Limited (Shanxi Dongchuang) and CyberMirage (HK) Limited (CyberMirage), the e-commerce business and the artificial intelligence (AI) business recorded unaudited aggregated revenue of approximately HK$60.9 million and unaudited aggregated profit before taxation of approximately HK$55.6 million for the six months…
– Tea Fair fully opens to public for the first time – held concurrently with Beauty & Wellness Expo, Home Delights Expo, Food Expo PRO, and ICMCM Food Expo, Food Expo PRO, Hong Kong International Tea Fair, Beauty & Wellness Expo, and Home Delights Expo will be held from 14 August at the Hong Kong Convention and Exhibition Centre Featuring some 1,890 exhibitors, the five exhibitions present global gourmet foods and lifestyle products The Hong Kong International Tea Fair fully opens to both the public and trade buyers for the first time, promoting tea culture Five theme days including Shall…
International Land Alliance, Inc. (OTCQB: ILAL), a leading international land investment and development firm, announced today the launch of a series of live Zoom webinars designed to provide prospective homebuyers and investors with an immersive, real-time look at the Company’s flagship development, Rancho Costa Verde, located in the scenic San Felipe region of Baja, Mexico. The inaugural webinar, hosted by ILAL’s Vice President of Marketing Robert Rios, will be held Thursday, August 6 at 7:00 p.m. PDT (10:00 p.m. EDT). Attendees can register in advance at: Zoom Registration Link “There has been so much interest nationwide, and not everyone can travel…
MyFintech Week 2025 Highlights Transformative Forces in Finance MyFintech Week 2025 (MyFW 2025) highlights the forces reshaping the financial sector through digitalisation, sustainability and demographic shifts. The event features experts on key issues in finance, such as digitalisation and innovation, financial inclusion and sustainability. The four-day event showcases transformational insights from thought leaders and masterclasses by industry experts. MyFW 2025 spotlights the forces reshaping the financial sector – digitalisation, sustainability and demographic shifts. Emerging technologies such as generative AI and blockchain are transforming business models and redefining consumer expectations. Malaysia’s commitment to achieving net-zero emissions is also driving demand for…