Author: Marie Jones

First Annual Roundtable Held to Drive the Initiative Forward HONG KONG – (ACN Newswire) – The Belt and Road Global Forum held its inauguration ceremony and its first annual roundtable today at the Hong Kong Convention and Exhibition Centre (HKCEC). Carrie Lam, Chief Executive of the Hong Kong Special Administrative Region (HKSAR), officiated the ceremony and delivered the opening remarks. The Forum is an alliance of chambers of commerce, industry associations, investment promotion agencies and think tanks in Hong Kong, the Chinese mainland and around the world. It aims to promote interaction, information sharing and business collaboration among member organisations. At present, the…

Chinese Mainland-Hong Kong-UAE Belt and Road Opportunities Highlighted HONG KONG – (ACN Newswire) – The sixth edition of the Lifestyle Expo in Dubai opened on 25 June and concluded yesterday at the Hyatt Regency Dubai. Jointly organised by the Hong Kong Trade Development Council (HKTDC) and the Department of Commerce of Guangdong Province of the People’s Republic of China, the Expo serves as a platform for suppliers from Hong Kong and the Chinese mainland to connect with buyers from the Middle East and Africa, supporting companies to seize the tremendous business opportunities presented by the Belt and Road Initiative and Expo 2020 Dubai.…

HONG KONG – (ACN Newswire) – According to South China Morning Post, China’s national policies place great emphasis on the real estate industry and the real estate market in the country is subject to various governmental regulations. By enacting laws and regulations and implementing industry policies and other economic measures, the Chinese government has exercised significant direct and indirect influence on the development of China’s property industry. Over the past few years, in order to curb the overheated property market, the Chinese government has rolled out a number of restrictive measures to stabilize the property prices. However, as the Central Economic Work Conference…

HONG KONG – (ACN Newswire) – Great Harvest Maeta Group Holdings Limited (“Great Harvest” or the “Group”; stock code: 3683.HK) today announces its annual results for the year ended 31 March 2018 (“the review year”). During the review year, the Group maintained sound operation. The revenue of the Group increased from approximately US$8.1 million for the year ended 31 March 2017 to approximately US$14.2 million for the year ended 31 March 2018, representing an increase of approximately 75.2%. The revenue comprised chartering income of US$14.2 million (2017: US$7.9 million) and there is no interest income from money leading business during the…

Underlying Net Profit Increased by 42.4% to HK$171.3 Million Declared Final Dividend of 5.8 HK Cents per Share HONG KONG – (ACN Newswire) – Grand Ming Group Holdings Limited (the “Company” and together with its subsidiaries, the “Group”, stock code: 1271.HK) today announces its annual results for the year ended 31 March 2018 (“FY 2017/18”). Highlights – Recorded revenue of HK$1,423.9 million, an increase of 34.9%. – Recorded underlying profit, exclusive of the effect of changes in fair value of investment properties, of HK$171.3million, an increase of 42.4% – Attained net profit of HK$171.8 million, representing a decrease of 15.4% over last year.…

The company aims at disrupting the healthcare industry by offering a technologically advanced ecosystem providing access to high-quality medical support and wellness services around the world HONG KONG, June 26, 2018 – (ACN Newswire) – Doctor Smart, a new blockchain ecosystem for digital healthcare services, today announced the launch of its ICO, a sale of DSTT tokens. The main token sale is to commence Q3, 2018. According to Grand View Research, the global market for internet healthcare services is poised to reach $308 billion by 2022. Aimed at transforming the market and improving current state of medical and wellness services – while making them…

Grasping the enormous business opportunities derived from luxury goods market; Gross Profit Increased by Approx. 20.6% YOY to Approx. HK$399 Million HONG KONG – (ACN Newswire) – Sparkle Roll Group Limited (Stock Code: 970.HK) (“Sparkle Roll” or the “Company”, together with its subsidiaries, the “Group”), principally engaged in distributorships and dealerships of top-tier branded consumer goods, today announced its audited consolidated results for the year ended 31 March 2018 (the “Year”). During the year, the Group’s consolidated revenue increased 4.0% year-on-year (“yoy”) to approximately HK$2.89 billion. The increase was mainly attributable to the increase in sales of Rolls-Royce, audio products and…

Revenue Increased 23.3% to HK$1,548.7 Million; Adjusted EBITDA Up by 20.7% to HK$397.0 Million; Profit Attributable to Shareholders Increased 12.8% to HK$202.3 Million; Recommends a Final Dividend of HK2.9 Cents per Share HONG KONG – (ACN Newswire) – Jacobson Pharma Corporation Limited (“Jacobson Pharma” or the “Group”; Stock Code: 2633), a leading company engaged in the research, development, production, marketing and sale of generic drugs and proprietary medicines, today announced its annual results of the Company and its subsidiaries (collectively the “Group”) for the year ended 31 March 2018 (“FY2018”). Financial Highlights During the reporting period, the Group’s revenue grew by…

HONG KONG – (ACN Newswire) – On June 5, 2018, Tigerobo, an AI-based financial search engine start-up, announced today that it has raised over RMB 100 million in Series Pre-A led by NWS Holdings (00659.HK), a subsidiary company of New World Development Company Limited, and Gaorong Capital. Sun Hung Kai & Co. Ltd. (00086.HK ) participated as co-investor. In August 2017, the company closed Series Angel fund raising with tens of millions RMB, participated by Gaorong Capital, Light Up Capital as well as Zhang Tao, founder of Dianping.com. Tigerobo, which was launched in July 2017, offers an intelligent search engine to help professional…

Avails Abundant Financial Resources to Support Business Development Reinforces the Group’s Development Strategy HONG KONG – (ACN Newswire) – Asia Allied Infrastructure Holdings Limited (“Asia Allied Infrastructure” or “the Group”) (stock code: 00711) is pleased to announce today that it has entered into a HK$1.2 billion term loan and revolving credit facility agreement with five banks. Part of the loan will be used to restructure the loan portfolio of the Group, while the rest will be used to support future operations and development. This facility will lower the finance cost of the Group, enhance its financial flexibility and funding capability, as…

Offer Price Set Between HK$0.60 to HK$1.00 per Share To Raise Gross Proceeds Up to HK$100 Million; Finance Leasing Service Provider to SMEs in the PRC; Continues to Expand Operation Scale; Strategic Extension of Sales Network; 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 proposed listing of its shares on the GEM Board of the Stock Exchange of Hong Kong Limited (“Hong Kong Stock Exchange”). Ziyuanyuan Holdings plans to offer 100,000,000…

Brings opportunities in Asian market to Singaporean investors HONG KONG, June 25, 2018 – (ACN Newswire) – Hong Kong based blockchain incubator SmartUp is dedicated to linking blockchain projects with good potential to investors and resources around the globe, therefore has made progress in each Asian blockchain market. SmartUp is pleased to announce that it has signed a strategic agreement with China Heping Construction Group Pte Ltd. (the “Group”): the Group will assist investors to participate SmartUp’s blockchain, and make use of the matching and smart credit information services to be provided by the blockchain platform, for identifying projects with good investment potential in…

HONG KONG – (ACN Newswire) – Steve Leung Design Group Limited (“SLD Group” or the “Group”), an award-winning and internationally renowned interior design services and interior decorating & furnishing services provider headquartered in Hong Kong, today announced the details of its proposed listing on the Main Board of The Stock Exchange of Hong Kong Limited (“SEHK”). Offering Details The Group intends to offer a total of 285,000,000 shares (subject to the over-allotment option), of which 256,500,000 shares are for International Placing (subject to adjustment and the over-allotment option) and the remaining 28,500,000 shares are for the Hong Kong Offer (including 2,850,000 employee reserved…

HONG KONG – (ACN Newswire) – Hong Kong stock market may welcome two online home renovation en-terprises which are booming in China’s Internet home renovation in-dustry, a blue-sea market now worth RMB4 trillion (c.USD620 billion): Qeeka Home, which has commenced global roadshow from this Tues-day, and the other one is Tubatu, the No.1 player of the industry. Having passed the hearing of the HKEX on 15 June, Qeeka Home will be officially listed in the Hong Kong capital market next month at the earli-est. Market news indicates that Tubatu intends to seek IPO on the HKEX soon. In just a…

Planning to Increase Capability to Approximately 60 Tons Per Year by December 2019 in Response to Growing Demand for High-Purity Ruthenium for Hard Disks Within and Outside Japan TOKYO – (ACN Newswire) – Furuya Metal Co., Ltd. announced that it will invest in enhancing the ruthenium (Ru) refining capability of its Tsuchiura Plant (located at Sawabe in Tsuchiura City, Ibaraki). Furuya Metal’s Tsuchiura Plant has refining and recovery lines for high-purity ruthenium targets (thin film materials), catalysts, and other products, and is able to carry out high-purity refining within short time frames. This capability-enhancement investment is in response to the…

HONG KONG – (ACN Newswire) – The research team of Hong Kong Baptist University (HKBU) invented a medical device with a specific nanotechnology layer for the proliferation and differentiation of neural stem cells (NSCs) in vitro. Compared with traditional methods, the team’s novel matrix can reduce the risk of carcinogenesis or inflammation in stem cell therapy – a treatment that offers hope of a cure for incurable diseases such as neurodegenerative diseases, chronic systemic diseases and degenerative joint diseases. This pioneering invention won the team the Gold Medal with Congratulations of Jury at the 46th International Exhibition of Inventions of Geneva held in…

HONG KONG – (ACN Newswire) – The Chief Executive of the Hong Kong Special Administrative Region, Mrs Carrie Lam, called on French businesses to take on the unique business opportunities arising from the Guangdong-Hong Kong-Macao Bay Area (the Bay Area) at a seminar jointly organised by Hong Kong, Guangdong and Macao governments in Paris today (June 20). The “Guangdong-Hong Kong-Macao Bay Area” seminar was the latest joint promotion bid by the three places to promote business opportunities in the Bay Area development. Apart from Mrs Lam, Secretary for Commerce and Economic Development, Mr Edward Yau, Secretary for Innovation and Technology, Mr Nicholas Yang,…

Targeting cells involved in blood vessel formation could prevent the growth of the most common type of brain tumour. Selangor, Malaysia – (ACN Newswire) – A type of highly malignant brain tumour contains a large number of cells involved in the formation of new blood vessels, helping it proliferate and spread. Targeting these cells could hinder tumour growth, according to new research published in the Pertanika Journal of Science & Technology. Astrocytomas are tumours that can be found in the brain and spinal cord and originate from a type of cell, called an astrocyte, whose main function is to insulate and to provide…

Georgia Seen as a Potentially Important Trading Partner HONG KONG – (ACN Newswire) – The HKTDC Export Index for the second quarter of 2018 (2Q18) climbed to a 29-quarter high and indicated positive sentiment among local exporters for the first time in 12 months, the Hong Kong Trade Development Council (HKTDC) announced today. The 2Q18 reading stood at 54.1, up from 49.4 in 1Q18. The results suggest that Hong Kong exports are likely to sustain their growth momentum over the near term. However, exporters’ optimism is laced with caution, given the current trade issues between the Chinese mainland and the United States. HKTDC…

HONG KONG – (ACN Newswire) – Thailand has rich history as one of the world’s most prominent centers for gems and jewelry. The country has abundant kinds of minerals and gemstones especially ruby and sapphire. Its skilled craftsmanship, unique designs had merged with modern technology to produce jewelry competitive in international markets. Today, Thailand has developed into a large-scale and export-oriented commerce center. In year 2017, Thai gems and jewelry exports had grew by 2.25% for the first time in 3 years, making positive progress despite recent sluggish economy worldwide, generating around USD 13 billion of income, which is 5.4% of…