Author: Marie Jones

The strength of the company is full recognized by the market HONG KONG – (ACN Newswire) – China Tonghai International Financial Limited (“Tonghai Financial”) is pleased to announce that the company has been awarded “Listed Company Awards of Excellence 2018” by the Hong Kong Economic Journal. Mr. Chris Wu Kwok Choi, Chief Financial Officer of Tonghai Financial, attended the award ceremony and accepted the award yesterday. Chris Wu said “The company wins the “Listed Company Awards of Excellence 2018”, which is a great encouragement and affirmation for the company and all employees. Tonghai Financial is rooted in Hong Kong and has…

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SINGAPORE – (ACN Newswire) – Singapore Exchange-listed Singapore eDevelopment Limited (Stock Code 40V) (“SeD”), through its subsidiary, Global BioLife Inc. (“Global BioLife”) is pleased to announce that research of their promising drug platform, Linebacker, will be presented at Neuroscience 2018, the Annual Meeting for the International Society for Neuroscience (SfN) in San Diego, California. SeD said the presentation titled, “Myricetin derivatives ameliorate deficits in 6-OHDA animal model of Parkinson’s disease,” will detail the results of an Integrated Drug Discovery program at Charles River Discovery Service covering Pharmacokinetics, Maximum Toxicity Dose, and an in vivo animal model of Parkinson’s Disease. In essence the drug…

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BANGKOK – (ACN Newswire) – Chewathai PCL (SET:CHEWA) Managing Director, Mr. Boon Choon Kiat discusses the company’s strategy and outlook in The Executive Talk (TET) by ShareInvestor.com. TET: What is CHEWA’s growth strategy? We are very open to multiple avenues for growth, we will continue to organically grow our business with the expansion of residential projects for both high-rise and low-rise projects throughout Bangkok. Also, as we have shown in the past we have grown through acquisitions such as with the condominium project AQ Aria Asoke, and recently utilizing the joint venture structure on residential projects and hospitality projects. The reason that we…

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HONG KONG – (ACN Newswire) – In order to offer clients efficient trading experiences and extensive customer support. BITWORK is pleased to announced that we cooperated with Genesis Block, Hong Kong’s premier cryptocurrency over-the-counter (OTC) trading centre, established a trading desk at BITWORK to provide cryptocurrency trading service to retail and institutional buyers or sellers with a stable, reliable, fast and secure trading services. Over-the-counter (OTC) trading services enable individuals and institutions to buy and sell cryptocurrencies at ease without concerns of market liquidity and order book discovery. BITWORK now offers trading with four cryptocurrencies, such as Bitcoin, Ethereum, USDT and…

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Political and Business Leaders Join Salute of 50 Years’ Harvests; Announces First “Chun Wo Innovation Student Awards” Winners to Motivate Innovation among Young People HONG KONG – (ACN Newswire) – Asia Allied Infrastructure Holdings Limited (“AAI” or “Group”, stock code: 00711) and its wholly-owned subsidiary Chun Wo Development Holdings Limited (“Chun Wo”) hosted a 50th Anniversary Celebration Cocktail at sky100 last Friday to commemorate their fruitful results and accomplishments in developing business over the years. Guests joining the grand celebration included industry leaders and political and business luminaries from Hong Kong, Macau and Mainland China. Mr. Chan Mo Po, Paul, GBM,…

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HONG KONG – (ACN Newswire) – The Asia Video Industry Association (AVIA), today announced the election of new Directors to its Board. Following its AGM on 1 November, first-time Directors elected were Greg Armshaw (Brightcove), Ernest Cu (Globe), Birathon Kasemsri Na Ayudhaya (True Corporation), Dr Roger Tong (AsiaSat) and Tony Zameczkowski (Netflix). Re-elected were Joe Welch (21st Century Fox – and current AVIA Chairman), Rohit D’Silva (FOX Networks Group Asia) and Alexandre Muller (TV5MONDE). They join existing Directors Desmond Chan (TVB), Belinda Lui (WarnerMedia), Amit Malhotra (The Walt Disney Company (Southeast Asia)) and Ricky Ow (Turner International) to form the 2018-2019 AVIA Board…

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Changing business models and the scourge of piracy dominated discussions HONG KONG – (ACN Newswire) – After two years in Macau, the main conference for the industry association returned to Hong Kong and witnessed a surge, both in the number of attendees as well as the level of debate and engagement amongst key industry executives. The Summit was opened by Dr Bernard Chan, Acting Secretary for Commerce and Economic Development of the HKSAR Government who stated that “the (Association’s) rebrand truly reflects the changing broadcasting landscape worldwide. AVIA’s new mission and scope of membership to encompass the broader video industry is surely a…

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Providing Free Crypto Trading Services for Millennials HONG KONG – (ACN Newswire) – Coinsuper, the leading global cryptocurrency exchange today announced a strategic partnership with Weever FinTech, the crypto trading arm of CASH Financial Services Group (CFSG, SEHK: 510). Ms. Karen Chen, Co-founder & CEO of Coinsuper, said: “We heartily congratulate Weever on their new platform rollout and are confident this strategic partnership will be mutual beneficial. This modern example of merging the crypto and traditional finance worlds represents a key milestone on our corporate mission.” CFSG Executive Director and CEO Mr. Benson Chan said: “We are delighted at Coinsuper joining our groundbreaking…

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Benefits from the Continuous Optimization of Sales Portfolio; Gross Profit Margin and Profit Margin Both Increased Year-on-year HONG KONG – (ACN Newswire) – Ausnutria Dairy Corporation Ltd (“Ausnutria” or the “Company”, together with its subsidiaries, the “Group”; stock code: 1717.HK), a company engages in the research and development, production and distribution of all dairy products (including infant formula) and nutrition products with production facilities principally based in the Netherlands, Australia, New Zealand and the PRC, is pleased to announce that it expects to record profit attributable to the equity owners of approximately RMB455.7 million for the nine months ended 30 September…

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HONG KONG – (ACN Newswire) – DigFinGroup(Capital Markets) – Tiger Brokers, a mainland Chinese online securities broker, has taken a minority stake in Hong Kong financial group AMTD. Terms of the deal were not disclosed but AMTD Group CEO Calvin Choi told DigFinit now values AMTD at $1.4 billion. Tiger was established in 2014 by Wu Tianhua, an internet entrepreneur. He remains CEO and the biggest shareholder in Tiger. The second largest owner is Xiaomi. Other investors include Interactive Brokers, ZhenFund and Jim Rogers, the U.S. investor. Tiger has developed data-driven online broking for mainland Chinese retail investors, giving them access…

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Mega Promotion Attracts Over 2,900 Participants Asia Opportunities, Technology & Professional Services Key Areas of Interest TOKYO – (ACN Newswire) – “Think Global, Think Hong Kong”, a large-scale Hong Kong business promotion organised by the Hong Kong Trade Development Council (HKTDC), concluded yesterday (1 Nov) in Tokyo. The mega promotion, comprising a business symposium, business-matching sessions, networking events and a gala dinner, attracted more than 2,900 participants keen on exploring Hong Kong-Japan collaboration opportunities. The full-day symposium featured over 70 high-profile speakers from Hong Kong, the Chinese mainland and Japan, who shared their insights and business intelligence on a series of topics, from…

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HONG KONG – (ACN Newswire) – Chinese biologic drug developer Innovent Biologics (Innovent) becomes the 4th pre-revenue biotech firm to list in Hong Kong yesterday. The seven-year-old company, underpinned by a value proposition of its strong pipeline of 17 drug candidates, is determined to address the multibillion dollar antibody drug market, which is currently shared by a few multinational companies. Under the current fluctuation of market performance, the company may face headwinds which dominated the market recently. But all these have not stopped the biotech unicorn from reaping USD 421m from its public debut. Innovent Chief Financial Officer Ronald Ede said that the…

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TOKYO – (ACN Newswire) – JCB International, Co., Ltd. (JCBI), the international operations subsidiary of JCB Co., today announced a new partnership with WEX Inc. (NYSE:WEX), an industry-leading global provider of corporate payments solutions, to enable WEX virtual payments technology in Japan. The agreement makes WEX the first B to B issuer of JCB’s virtual cards and enables new functionality on the JCB network. The program will launch in the second half of 2019. “The JCB collaboration represents WEX’s commitment to expanding our presence in the Asia market, and entering Japan is an exciting step for us,” said Jay Dearborn, president of WEX…

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Over 100 Guests Invited to Enjoy the Sports Event, Interacted with Famous Tennis Players HONG KONG – (ACN Newswire) – Hong Kong Tennis Open 2018 was successfully held on 6-14 October 2018 at Victoria Park Tennis Stadium. As the Official Financial Partner of the tournament for the first time, Tonghai Financial invited over 100 guests to appreciate the games, attending Corporate Private Luncheon and Private Party, allowing the guests to interact with famous tennis players. Tonghai Financial has been enthusiastically promoting sports events in Hong Kong. To make the guests feel at home, Tonghai Financial invited guests and business partners to…

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HONG KONG – (ACN Newswire) – Innovent Biologics [Innovent; HKG:1801], a China Suzhou-based biopharmaceutical company, completes its initial public offering in Hong Kong, with trading officially commencing today. The company is the largest Biothech company judging from its late stage product pipe lines and its comprehensive functional platform to debut in HK Exchange thus far. Innovent joins with an array of high-tech biopharma companies to gain exposure to the international capital market thanks to Hong Kong’s new listing rules that are poised to attract high-potential biotech companies from the mainland. Under the volatile market we have been experiencing in the past…

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JAKARTA – (ACN Newswire) – Wintermar Offshore Marine (WINS.JK) has announced 9M2018 financial results. WINS 9M2018 gross profit jumped to US$4.6 million from only US$0.5 million in 9M2017, as revenue rose 14%YOY to US$50 million for the period, driven by improved high tier vessel utilisation. The uptrend in oil prices has spurred more drilling activity, pushing average utilisation of the fleet to over 62% for the first 9 months of 2018 compared to 58% in the previous year. In the High Tier vessel segment, vessel utilisation was 75% for 9M2018 compared to only 53% for the same period last year. This contributed to…

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HONG KONG – (ACN Newswire) – Innovent Biologics [Innovent; HKG:1801], a China Suzhou-based biopharmaceutical company, completes its initial public offering in Hong Kong, with trading officially commencing today. The company is the largest Biothech company judging from its late stage product pipe lines and its comprehensive functional platform to debut in HK Exchange thus far. Innovent joins with an array of high-tech biopharma companies to gain exposure to the international capital market thanks to Hong Kong’s new listing rules that are poised to attract high-potential biotech companies from the mainland. Under the volatile market we have been experiencing in the past month, this…

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HONG KONG – (ACN Newswire) – The Latin American country held a business seminar for buyers and potential investors from Hong Kong on Wednesday October 31st. Business rounds were also organized with the visiting delegation. In order to strengthen commercial exchange, an official mission from Uruguay led by Foreign Affairs Minister Rodolfo Nin Novoa arrived to Hong Kong to develop meetings with buyers and those interested in investing in the country, which is currently considered “the pearl of South America” in terms of institutional strength, legal security, and incentives to investors. The delegation, included more than a dozen businessmen from the…

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Nanomaterials that respond to cancer-specific stimuli show potential in the targeted delivery of treatments and imaging compounds, but many challenges remain. Tsukuba, Japan – (JCN Newswire) – Nanosystems that deliver anticancer drugs or imaging materials to tumours are showing significant progress, particularly those that respond to tumour-related stimuli, according to a review published in the journal Science and Technology of Advanced Materials. However, further research is still required to make sure these delivery systems are stable, non-toxic and biodegradable. Nanocarriers designed to release their contents only in cancerous tissue are of great interest because they can reduce the negative effects of chemotherapeutic agents…

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– Attendance up 6%, Business Outlook Cautiously Positive – Smart City and Smart Home Trends Drive Lighting Industry HONG KONG – (ACN Newswire) – Organised by the Hong Kong Trade Development Council (HKTDC), the 20th Hong Kong International Lighting Fair (Autumn Edition), the third Hong Kong International Outdoor and Tech Light Expo and the 13th Eco Expo Asia concluded with a record number of over 73,000 buyers from 154 countries and regions visiting the three events – an increase of 6% on last year’s attendance. HKTDC Deputy Executive Director Benjamin Chau said that the increase in buyer attendance showed the three concurrent fairs…

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