Author: Marie Jones

HONG KONG – (ACN Newswire) – CCB International Securities Limited (CCBIS) released an analyst report on the China technology market in early July. According to the report, CCBIS’ top picks within the PRC technology space are Sunny Optical (2382 HK), Kingdee (268 HK), and Hikvision (002415 CH). The report stated that Trump’s protectionist stance has been the ongoing drag impacting stock performance of PRC technology names in 1H18. CCBIS expects export-driven technology names to continue facing uncertainties, which will suppress sector valuation till a resolution between both parties is agreed upon. Despite the uncertainties, CCBIS suggests investors stick with names that…

Fashion and technology have merged in recent years, creating new business opportunities HONG KONG – (ACN Newswire) – The 25th Hong Kong Fashion Week for Spring/Summer, organised by HKTDC, came to a close today. Around 11,000 buyers from 65 countries and regions attended the four-day fair (9-12 July), with buyers from Belt and Road countries such as Bangladesh, India, Indonesia, Malaysia, Russia, Thailand and Vietnam recorded considerable growth. Around fifteen fashion events, including fashion shows, industry forecasting and fashion tech seminars, a buyer forum and a networking reception were held during the fair to generate business opportunities for industry professionals. “The global economy…

Aiming for an 80% cut in base station carbon footprint TOKYO – (ACN Newswire) – The TRIBRID Project in Indonesia by KDDI and NEDO was registered as an official project under the Joint Crediting Mechanism (JCM), which facilitates diffusion of leading low carbon technologies as well as implementation of mitigation actions, and contributes to sustainable development of Indonesia. TRIBRID System can reduce electric power consumption of Base Transceiver Stations (BTSs) by selecting most efficient power source depending on time of day and weather conditions among three sources: commercial-use electric power service, solar panel electricity generation and battery charging with late-night…

This expansion has seven times the current production capacity. This enables TANAKA to meet rising future global demand for commercial fuel cell vehicles and industrial equipment. Center will provide fuel cell electrode catalyst materials enabling a hydrogen-based society TOKYO – (ACN Newswire) – TANAKA Holdings Co., Ltd. (Head office: Chiyoda-ku, Tokyo; Representative Director and CEO: Akira Tanae) announced that TANAKA Kikinzoku Kogyo K.K. (Head office: Chiyoda-ku, Tokyo; Representative Director and CEO: Akira Tanae), which operates the TANAKA Precious Metals manufacturing business, established a new Fuel Cell Catalyst Development Center in Kanagawa Prefecture to develop and manufacture electrode catalysts…

HONG KONG – (ACN Newswire) – AAG Energy Holdings Limited (HKEX stock code: 2686) is pleased to announce its operation update for the 2nd quarter of 2018, i.e. three months ended June 30, 2018 (“2018Q2”). Key Quarterly Highlights: – AAG continues to outperform the HSE target with zero injury in 2018Q2. – AAG’s gross average daily production for 2018Q2 achieved 2.17 MMCM per day (“MMCMD”) (Panzhuang 1.87 MMCMD, Mabi 0.31 MMCMD), a 6.4% increase compared to the gross average daily production of 2.04 MMCMD in 2018Q1 (Panzhuang 1.79 MMCMD, 4.5% increase; Mabi 0.25 MMCMD, 24.0% increase), and a 31.5% increase compared…

JAKARTA, INDONESIA – (ACN Newswire) – Known as the world’s largest archipelagic state, Indonesia has coastline reaching 99,095 KM, and is blessed with many unique resources and a beautiful natural wealth spanning phenomenal panoramas, god-given coral reefs, and long, exotic rivers, active volcanoes to vast oceans, abundantly covering the country from Sabang to Merauke. Apart from being the world’s largest archipelago state, Indonesia is also strategically located between two continents and two oceans, placing it on the cross-spot of the busiest flight and shipping routes. Even though the technological advances have fortified the transportation, it will always pose risks. This challenge will continue…

Module 2 was hosted in San Francisco with the 15 startups qualified for the acceleration phase TOKYO – (JCN Newswire) – Free Electrons, the first energy accelerator program that connects the most promising energy startups with the world’s leading utility companies, wrapped on its second module with an impressive total of 28 pilots running, and the final module in Berlin to come. The 2018 program opened with 30 startups invited to Bootcamp in Lisbon, followed by Module 1 in Sydney / Melbourne, where we kicked off 15 pilots between startups who qualified for the acceleration phase and the utilities. Module 2 took place…

HONG KONG – (ACN Newswire) – CCB International Securities Limited (CCBIS) released an analyst report for the 2018 China property market outlook in early July. According to the report, the boost in transaction volume in the primary market would be short-lived prosperity, and price performance in the secondary market is not likely to withstand as some tier-one cities such as Beijing and Shanghai are seeing diminishing purchasing power from high property prices, rising mortgage rates, and a lack of demand. Considering these reasons, CCBIS believes there is a high chance that tightening measures will soon arrive and contract volume and price…

HONG KONG – (ACN Newswire) – CCB International Securities Limited (CCBIS) released Asset Allocation Strategy for the second half of 2018 in late June. The central feature of the Strategy is that trends that caused equity markets to stall in the first half of 2018 – weakening corporate earnings growth, gradually rising inflation and tightening global financial conditions – are set to intensify in the second half, creating an increasingly uncertain and volatile investment environment. Nevertheless, equity markets are likely to experience a relief rally in the third quarter amid rising interest rates. CCBIS advises investors to take advantage of this rally to…

First Day Closed at HK$1.57, HK$0.81 Higher Than the Offer Price; Representing an Increase of 106.58 % HONG KONG – (ACN Newswire) – Ziyuanyuan Holdings Group Limited (“Ziyuanyuan Holdings” or the “Company”, together with its subsidiaries, the “Group”, stock code: 8223.HK), a finance leasing service provider to SMEs in the PRC, today announced the successful listing of the Company on the GEM Board of The Stock Exchange of Hong Kong Limited (“SEHK”). Shares of Ziyuanyuan Holdings were actively traded on the first trading day. Its share price closed at HK$1.57 with an intra-day high of HK$1.75 per share, up 106.58% compared…

Hong Kong’s overall Well-being Index falls to its lowest since the annual survey began Survey finds Hong Kong people are among top 5 most-stressed globally HONG KONG – (ACN Newswire) – Cigna Corporation’s (NYSE:CI) Hong Kong business today announced the results of its annual Cigna 360 Well-Being Survey. The latest results of the survey show that Hong Kong’s overall Well-being Index has fallen for the fourth consecutive year to its lowest since the annual survey began in 2015. In fact, out of all markets surveyed, Hong Kong has the second lowest health and well-being score. The index dropped from 58.6 in…

HONG KONG – (ACN Newswire) – The Director-General of Investment Promotion, Mr Stephen Phillips, of the Hong Kong Special Administrative Region today (July 9) embarked on visits to Tokyo, Japan and Seoul, Korea to update the local business communities on the opportunities Hong Kong has to offer in the Guangdong-Hong Kong-Macao Bay Area (Bay Area) development. Mr Phillips will speak at two seminars. The first seminar, entitled “‘Belt and Road’ and ‘Greater Bay Area’ Initiatives – Hong Kong’s Important Role and Business Opportunities for Japanese Companies” is jointly organised by Invest Hong Kong and the Hong Kong Economic and Trade Office in Tokyo…

HONG KONG – (ACN Newswire) – The 2018 HERA – Hong Kong ESG Reporting Awards – is now accepting applications. The awards recognize outstanding companies in Hong Kong who have made positive impact in aspects of environment, social and governance (ESG) criteria. The winners of HERA generally serve as benchmarks for other companies and are viewed as exemplary in sustainable business practices. HERA is a non-profit initiative. HERA is organized by Alaya Consulting, with Greeners Action as the beneficiary. Tony Wong, organizer of HERA, stated: “With HKEX becoming more specific about the disclosure requirements under the comply or explain provisions, we believe it…

“Corporate Fashion and Uniforms” Zone Debuts; “Fashion Tech” Zone Explores the Latest Technological Application HONG KONG – (ACN Newswire) – The 25th Hong Kong Fashion Week for Spring/Summer opened today at the Hong Kong Convention and Exhibition Centre and will run until 12 July. Organised by the Hong Kong Trade Development Council (HKTDC), the show gathers around 1,100 exhibitors from 14 countries and regions, serving as an ideal one-stop sourcing platform for the industry. Exhibits feature the latest fashion designs, international brands, garments, fabrics and accessories. Under the theme “Happy Collage”, about 15 fashion events are being held during the fair, including fashion…

HONG KONG – (ACN Newswire) – The Director-General of Investment Promotion, Mr Stephen Phillips, today (July 9) embarked on visits to Tokyo, Japan and Seoul, Korea to update the local business communities on the opportunities Hong Kong has to offer in the Guangdong-Hong Kong-Macao Bay Area (Bay Area) development. Mr Phillips will speak at two seminars. The first seminar, entitled “‘Belt and Road’ and ‘Greater Bay Area’ Initiatives – Hong Kong’s Important Role and Business Opportunities for Japanese Companies” is jointly organised by Invest Hong Kong and Hong Kong Economic and Trade Office in Tokyo and will take place on July 11. On…

SINGAPORE – (ACN Newswire) – ACROMEC Limited (“ACROMEC”, SGX:43F), an established specialist engineering service provider in the field of controlled environments serving mainly the healthcare, biomedical, research and academia sectors, has secured three new contracts totaling approximately S6.2 million. The first contract is for additions and alterations to a new endoscopy suite at a medical centre for a repeat customer in the healthcare industry. The project will be carried out in two phases and is expected to be completed by the end of the current financial year ending 30 September 2018 (“FY2018”). This repeat order reflects our customer’s trust in us to continue…

BANGKOK – (ACN Newswire) – TTW PCL (SET:TTW) Managing Director, Ms. Walainut Trivisvavet discusses the company’s strategy and outlook in The Executive Talk (TET) by ShareInvestor.com. TET: Please explain TTW’s business model. TTW is Thailand’s largest private tap water producer and distributor with a production capacity of 540,000 m3/day. We produce and distribute tap water to the Provincial Waterworks Authority (PWA) for two provinces, Nakorn Pathom and Samut Sakorn. We provide this service via two entities, firstly under TTW itself we were awarded to produce and distribute tap water in both the aforementioned mentioned provinces and specifically the Nakorn Chaisri, Sampran, Phuttamonthon, Krathumban…

HONG KONG – (ACN Newswire) – According to China Daily, After 10 months’ supervision proceedings, Legend Holdings finally got the green light to the buyout deal of the Banque Internationale a Luxembourg (BIL) from the financial regulators of EU, Luxembourg and China. The founder of Legend Holdings and the iconic IT giant Lenovo, Liu Chuanzhi sees this transaction as another milestone breakthrough, after Lenovo’s famous acquisition in 2004. However, this deal means more than adding a new member to the balance sheet of Legend Holdings, it also signals a shift of the Chinese companies’ overseas investment paradigm, from gathering resources to enabling foreign…

TOKYO – (ACN Newswire) – KDDI CORPORATION is implementing telecoms business operations in Myanmar, together with Sumitomo Corporation and Myanmar Posts and Telecommunications (MPT). As smartphones come into widespread use in Myanmar, demand for social networking services (SNS), video sharing services and content use is increasing. MPT has been offering LTE+ high-speed data transmission services since May 2017, and began offering a reward program in May 2018 as part of ongoing service upgrades. KDDI has been working to further improve the quality of telecommunications services and service development capacities in Myanmar by carrying out a long-term training program in Japan to improve the…

Closes at HK$1.15 per Share on the First Trading Day; Surges 30% against the Offer Price HONG KONG – (ACN Newswire) – Shares of Steve Leung Design Group Limited (“SLD Group” or “the Group”; stock code: 2262), an award-winning and internationally renowned interior design services and interior decorating & furnishing services provider headquartered in Hong Kong, commenced trading on the Main Board of The Stock Exchange of Hong Kong Limited (“SEHK”) today. SLD Group’s public offering received overwhelming response, with the shares about 125 times over-subscribed. https://www.acnnewswire.com/topimg/Low_SLD20180705-1.jpg Photo1: Mr. Xu Xingli, Non-executive Director and Chairman of Steve Leung Design Group Limited…