Author: Marie Jones

HONG KONG – (ACN Newswire) – As a super platform with powerful network effects, Meituan Dianping will blossom and flourish, according to Kathy Xu, founder and president of Capital Today, one of the first independent private equity firms in China. Crowned as “Queen of Venture Capital” in China, Xu topped the list of “China’s 25 Best Female Venture Capitalists 2018” published by Forbes China. Founded in 2005, Capital Today has focused on internet, retail and consumer sectors, with investments in JD.com, Meituan Dianping, Ganji.com, VIPSHOP, Three Squirrels, Tudou.com, Netease, Beibei.com and Zhihu.com. An early VC investor in Meituan Dianping, which will be listed…

Forging Closer Ties between Hong Kong and Vietnam HONG KONG – (ACN Newswire) – The Hong Kong Trade Development Council (HKTDC) launched its international mega-promotions “In Style, Hong Kong Symposium” and “In Style, Hong Kong Expo” at GEM Center in Ho Chi Minh City, Vietnam today. Senior officials from Vietnam, as well as Paul Chan, Financial Secretary of the Hong Kong Special Administrative Region (HKSAR), and Vincent HS Lo, Chairman of the HKTDC, officiated at the symposium opening. “For decades Hong Kong has been a partner to Vietnam in many ways,” Mr Lo said. “As the world’s focus falls on Asia, now is…

HONG KONG – (ACN Newswire) – Chong Hing Bank Limited (the “Bank”; stock code: 01111) completed on 21 August 2018 the new share allotment under a subscription agreement entered into with Guangzhou Metro Investment Finance (HK) Limited (“GZ Metro”) by allotting and issuing 70,126,000 Subscription Shares of the Bank at the Subscription Price of HK$14.26 per Subscription Share to GZ Metro. Meanwhile, the Bank proposed earlier a Rights Issue on the basis of one rights share for every two shares at HK$14.26 per Rights Share. The latest time for payment for and acceptance of the Rights Shares and the application and…

Hong Kong listed companies should make a greater effort in ESG reporting to stay competitive in global markets HONG KONG – (ACN Newswire) – While it is expected that listed companies should have a better understanding on the reporting requirements and capability to achieve better performances in the environmental, social and governance (“ESG”) reporting in the second year of its survey of ESG reporting in Hong Kong, the results of this year’s survey is still far from satisfactory with rooms for improvement. The newly-released study conducted by the BDO in Hong Kong, the world’s fifth largest accountancy network, reveals that performances in some…

Marriage of Strengths to Drive IDC Business Development HONG KONG – (ACN Newswire) – Neo Telemedia Limited (“Neo Telemedia” or the “Group”; stock code: 8167), which focuses on internet and big data operations, has been active in forging partnerships in recent years, the latest being the strategic cooperation with 360 Enterprise Security Group (“360 Enterprise Security”). With a strategic cooperation agreement signed in May, the two companies have pushed forward at full steam the development of Internet Data Center (“IDC”) and Internet-of-Things (“IoT”) businesses, conducive to consolidating the Group’s industry leadership. The two strategic parties are determined to enhance their competitiveness…

Amid Mounting Concerns over Sino-US Trade Tensions HONG KONG – (ACN Newswire) – Hong Kong exporters are urged to diversify into emerging markets such as Southeast Asia amid the lingering Sino-United States trade dispute. The HKTDC Export Index dropped from 54.1 in the second quarter (2Q18) to 35.8 in the third quarter (3Q18). “This indicates that although Hong Kong’s exports grew 10% in July, local exporters are obviously becoming less confident in the near-term future,” Hong Kong Trade Development Council (HKTDC) Director of Research Nicholas Kwan said at a press conference today. Mr Kwan added that…

HONG KONG – (ACN Newswire) – Coinsuper Co-founder & CEO, Karen Chen, was invited as the speaker to share her insights on the crypto markets at Milken Institute Asia Summit on September 13th in Singapore. The theme of the 2018 Milken Institute Asia Summit is “A World in Transition: Preparing for the Future.” The program delves into the uncertainties and innovations shaping the continent and how Asia can prepare while remaining at the forefront of global affairs. The Summit also fosters productive partnerships among the more than 800 participants, which include Fortune 500 CEOs, government officials, institutional investors, philanthropists and high-level executives in…

HONG KONG – (Media OutReach) – The Yidan Prize, the world’s largest prize in education, announces its 2018 laureates. Larry V. HEDGES has been awarded the Yidan Prize for Education Research for his ground-breaking statistical methods for meta-analysis, while Anant AGARWAL has been granted the Yidan Prize for Education Development for making education more accessible to people around the world via the innovative edX open-source online platform. In recognition and support of their groundbreaking work, each of the laureates will receive HK$30 million (approximately US$3.87 million), representing a combined award of HK$60 million (approximately US$7.74 million). This year’s laureates were chosen during a…

Malaysia/Indonesia – (ACN Newswire) – The leading Defense lawyer of former Malaysian Prime Minister Dato Sri Najib Razak was arrested earlier today, charged with money laundering. He was later released on bail and gave a press conference. The former PM himself has also issued a formal statement. Today’s arrest appears to be a clear attempt to intimidate the legal defense team of the former Prime Minister Najib TaAk and to politicize the judiciary. Such actions may well deny Dato Sri Najib Razak a fair trial. His trial is expected to start early next year. Najib Razak made a statement in this regard: “1.…

SINGAPORE – (ACN Newswire) – Blockchain Pioneers Summit (BPS) is a highly curated digital asset event making its debut on 21 September 2018 in Singapore following the widely successful NYC BlockAsia Conference in NYC. Immediately following Consensus: Singapore, the organizing team at Blockchain Pangea will be bringing together highly influential and established opinion leaders for high-level discussions, including social impact, eco-sustainability, mass adoption and inclusivity. It will be a 350 pax intimate engagement with numerous blockchain players from across Asia, and will bring together attendees from a diversity of backgrounds within the blockchain space. When & Where: Save the Date The Blockchain Pioneers…

HONG KONG – (ACN Newswire) – Zhonghua Gas Holdings Limited (the “Company”; Stock Code: 8246) today announces that the English name of the Company has been changed from “Northern New Energy Holdings Limited” to “Zhonghua Gas Holdings Limited” and the Company has adopted “Zhonghua Gas Holdings Limited” as the new dual foreign name in Chinese of the Company to replace “Northern New Energy Holdings Limited”. The stock short name for trading in the Shares on the Stock Exchange will be changed from “NORTH NEWENERGY” to “ZHONGHUA GAS” in English and from “NORTH NEWENERGY” to “ZHONGHUA GAS” in Chinese will be effective…

HONG KONG – (ACN Newswire) – CPD101 Limited has published a new informative book on the subject of Initial Public Offerings (IPOs) named 101 Tips for Executives, Start-up CEOs, Entrepreneurs, Private Investors: A Practical Handbook to Hong Kong IPOs 2018. The Handbook puts its emphasis on the new rules proposed on 30 April 2018 by the Stock Exchange of Hong Kong Limited, with practical suggestions given to executives, start-up CEOs, entrepreneurs and private investors. The Handbook collects professional opinions from 23 authors with different areas of expertise. It offers a digest of the practical tips related to IPO listing, the suggestions and effective…

Links with KHUR, Mongolia’s state information exchange system TOKYO – (ACN Newswire) – MobiCom Corporation, a subsidiary of KDDI CORPORATION, has recently introduced fingerprint authentication enabled by compatibility between the KHUR state information exchange system and MobiCom’s sales management system. MobiCom is the first telecommunications service provider to establish compatibility with the KHUR state information exchange system. It enables MobiCom to provide more than 100 service offerings to Mongolians, who are able to complete the personal ID authentication process using fingerprint verification only, without the need to present an ID card. The KHUR state information exchange system also allows MobiCom to save the…

Further reveals world’s first Modular Mobile Parcel Locker SAN JOSE, CA – (ACN Newswire) – NEXT Future Transportation Inc. (‘NEXT’), the world’s only modular electric vehicle solutions provider, today announced a groundbreaking automated logistics solution for Smart and Connected Cities : https://youtu.be/DZ7QeZAIoOM NEXT is proud to announce the introduction of its fully automated multiservice ‘online-to-offline’ (O2O) platform, including a modular vehicle solution and the supporting operating system required to bring an ecosystem of logistics services to market at scale. “To date NEXT has entirely focused on creating innovative solutions for the municipal mass transportation market. Today NEXT enters the global USD $2.3 trillion e-commerce…

HONG KONG – (ACN Newswire) – According to the Census & Statistics Department, the value of total retail sales in July 2018 rose by 7.8 percent over the same period last year to 38.9 billion Hong Kong dollars (4.99 billion U.S. dollars). The value of sales of jewellery, watches and clocks and valuable gifts increased the most by 16.8 percent. Apart from local consumers, Hong Kong’s jewellery segment is heavily dependent on sales to tourists. The inflow of Mainland tourists are expected to grow under new infrastructure developments such as the Hong Kong-Zhuhai Macau Bridge and high-speed link. The opening of shopping malls…

Accordance with Company’s Investment Strategies; Achieving the Value of the Agreement HONG KONG – (ACN Newswire) – Zhaojin Mining Industry Company Limited (“Zhaojin Mining” or the “Company”, stock code: 1818, together with its subsidiaries, the “Group”), today announced its Sparky International Company Limited (“Sparky International”) a wholly-owned subsidiary of the Company as an investor with, amongst other parties, Shandong Gold Mining Co., Ltd. (“Shandong Gold Mining”) as the issuer entered into the Cornerstone Investment Agreement. According to agreement, Sparky International has agreed to subscribe for the Investor Shares at the Offer Price. The Aggregate Subscription Price payable by Sparky International is…

New technologies expected to reduce thickness, increase flexibility, and enhance image quality for touch panels and organic electroluminescence displays TOKYO – (ACN Newswire) – TANAKA Holdings Co., Ltd. (Head office: Chiyoda-ku, Tokyo; Representative Director & CEO: Akira Tanae) announced today that TANAKA Kikinzoku Kogyo K.K. (Head office: Chiyoda-ku, Tokyo; Representative Director and CEO: Akira Tanae), which operates TANAKA Precious Metals manufacturing business, has developed a wire forming technology (low-temperature sintered silver nanometal printing technique) capable of sintering at low temperatures of 70°C using the Company’s low-temperature sintered silver nano ink, and a full-surface silver metal film forming technology (a full-surface silver metal film…

A statement from a coalition of local and international bodies across agriculture, commerce and trade September 11, 2018 HANOI, VIETNAM – (ACN Newswire) – Prime Minister Nguyen Xuan Phuc recently called for Vietnam’s agriculture sector to become one of the top 15 most developed in the world in just ten years and utilise scientific and technological advances. His Excellency further emphasized that more innovation is needed to generate new drivers for growth to ensure macroeconomic stability. Such an ambitious agenda can be achieved only if the government embraces agricultural innovation. Unleashing the possibilities of modern agriculture to support sustainable, inclusive development requires enormous…

ADS 2018 is the anchor oil & gas event of the Singapore International Energy Week (SIEW) SINGAPORE – (ACN Newswire) – Asia’s largest trade show for refining & petrochemical technologies, Asian Downstream Summit 2018 will be held from 31st Oct. to 1st Nov. at the Marina Bay Sands, Singapore. ADS is the anchor oil and gas event of the Singapore International Energy Week (SIEW), hosted by the Energy Market Authority. The event will gather 1,000+ industry professionals and oil & gas leaders under one roof to offer insights on the latest innovations in the industry. Singapore International Energy Week (SIEW) is expected…

HONG KONG – (ACN Newswire) – Around the world, food is a central focus of daily life – whether a family meal or a social event like a date, party, or small get together with friends. Nowhere is this truer than in China, where people love not just eating, but eating many different types of foods. There is a saying in China that “food is the most essential part of people’s lives.” Meituan Dianping has always operated under this belief, engineering its platform from the beginning to help people both eat better and live better. The dedication to this mission, and a focus…