HONG KONG – (ACN Newswire) – G2H2 Capital (“G2H2”) signed an agreement with AnApp Blockchain Technologies Limited (“AnApp”) to purchase an undisclosed amount of IOTW tokens (a new cryptocurrency for IoT applications). G2H2 Capital is a US based digital-asset investment firm with deep Stanford University connections. The majority of G2H2 main funds’ portfolio consists of pre-ICOs and ICOs. This strategy attempts to realize the upside potential of early stage investments in this asset class within a relatively restricted time frame. For example, Venture Capital LP cycles stretch 7 to 10 years to capture the early stage exit returns that pre-ICOs can generate in…
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Kingsoft Cloud Strengthens Leading Position; WPS Office Maintains Strong Growth HONG KONG – (ACN Newswire) – Kingsoft Corporation Limited (“Kingsoft” or the “Company”; HKEx stock code: 03888), a leading Chinese software and Internet service company, has announced its unaudited quarterly results for the three months ended 31 March 2018 (“period under review”). During the period under review, the revenue of Kingsoft increased 4% year-over-year to RMB1,263.7 million. Revenue from the online games, cloud services, and office software and services and others represented 50%, 33% and 17%, respectively, of total revenue. Gross profit was RMB615.6 million. Profit attributable to owners of the parent recorded…
China Mobile International Limited (CMI) hosts the opening of its new Japan office in Tokyo TOKYO – (ACN Newswire) – China Mobile International Limited (CMI) hosted the opening ceremony of its Japan office in Tokyo. Attending were Mr. Song Yaoming, Minister of Economic and Commercial Office, Embassy of the People’s Republic of China in Japan, Mr. Takagi Seiji, Director General for International Affairs, Global Strategy Bureau, Ministry of Internal Affairs and Communications, Mr. Jian Qin, Executive Vice President of China Mobile Communications Group Co., Ltd., and Mr. Li Feng, Chairman & Chief Executive Officer of China Mobile International Limited. Mr. Song…
And Announces Its First Incubated Japan Blockchain Project ValueCoin HONG KONG – (ACN Newswire) – Hong Kong based blockchain project SmartUp brings together investment opportunities in Asia. The project has two major updates over the past weekend: SmartUp announced that it received USD5 million investment from Blockchain Japan, also the project reached an agreement with ValueCoin for being its first incubating blockchain project. A press conference was held in Japan last Sunday (20 May 2018) to announce the business development. The investment of Blockchain Japan will provide initial funding for early platform operation expenses. Besides money investment, Blockchain Japan will also introduce SmartUp…
HONG KONG – (ACN Newswire) – As the digital assets becoming increasingly relevant, many cryptocurrency exchange executives and quantitative financial experts said in a cryptotrading summit on May 19, crypto trading is a better application for quantitative techniques, but the investors are calling for more integrated source of information for further education. At this conference, seasoned quants and crypto trading experts, including Huobi Vice President Huo Li, Huobi Vice President Lan Jianzhong, Keywin Captial CEO Li Tian, Huobi School of Business Hong Kong cofounder William Bu and Hyde Li, offered analysis in the blockchain projects and crypto market to over…
Successfully Adds 19 New Construction Services Projects and One BLMT Project; Strong Project Pipeline and Solid Foundation Laid for Growth in Future Earnings HONG KONG – (ACN Newswire) – BGMC International Limited (“BGMC” or the “Group”) (HKEX: 1693), a Malaysia-based construction services company, has announced its interim results for the six months ended 31 March 2018 (“1H2018” or the “Period”). During the Period, the Group’s revenue was RM311.9 million (approximately HK$642.5 million) (1H2017: RM359.1 million), despite most of the projects being still at the early stage of completion. Gross profit amounted to RM44.8 million (approximately HK$92.3 million), while gross margin was…
– Guests can purchase Hotel Tokens which can be exchanged for discounted hotel packages – A blockchain-based rewards programme will offer hotel guests and shoppers StayCay Points that can be used as rebates – Melaka will be used as the springboard for regional expansion SINGAPORE / MELAKA, MALAYSIA – (ACN Newswire) – SGX-listed Hatten Land Limited (“Hatten Land”) and home-grown proptech startup FundPlaces Pte Ltd (“FundPlaces”) unveiled today Southeast Asia’s first hospitality blockchain platform that will potentially integrate more than 3,400 hotel rooms and 5,000 retail outlets in Melaka as a springboard for regional expansion. The StayCay platform (“StayCay”) will leverage on Hatten…
HONG KONG – (ACN Newswire) – AnApp Blockchain Technologies Limited (“AnApp”) announces the development of the innovative “Proof of Assignment” and “Micro-mining” algorithms that form the backbone of a game-changing blockchain ecosystem for the IoT world. AnApp is a Hong Kong based blockchain technology company (website: www.iotw.io). The Company’s founders have deep connections with world class technologies companies. Most of the founders are experts with more than 30 years of experience in computer hardware and software, holding more than 20 patents in semiconductor and electronics designs. The founders of AnApp believe that the integration of IoT and blockchain can bring significant benefits to our…
HONG KONG – (ACN Newswire) – Coinsuper, the professional digital asset trading platform, is pleased to initiate the establishment of a Crypto Exchange Network (CEN), with the vision of connecting the financial world. Coinsuper is under the Higgs Block Group, a blockchain technology and financial conglomerate. Ms. Karen Chen, the CEO of Higgs Block Group, was invited to the FINWISE Summit hold in Tokyo today and shared her insights during her speech, she said, the establishment of CEN is quite important, the CEN will coordinate the traditional financial world including financial institutions, regulatory authorities and cryptocurrency exchanges to expand the cryptocurrency market; the…
Expands Sales Channels at Full Speed HONG KONG – (ACN Newswire) – China LotSynergy Holdings Limited (“CLS” or “the Company”, together with its subsidiaries “the Group”, HKEX stock code: 1371) is pleased to announce that its subsidiary, Guangzhou Lottnal Terminal Company Limited has successfully won bids for the sports lottery computer-generated ticket games (“CTG”) terminal procurement programmes of Guangxi and Hunan. Of these two provinces, Guangxi was a sixth win while Hunan was a second win. Guangxi, a new strategic stronghold for the opening-up and development of the southwest and central-south China, has seen its strong Sports Lottery sales performance in…
HKEX Awarded The Overall Best IR Company Award (Large Cap) HONG KONG – (ACN Newswire) – Hong Kong Investor Relations Association (HKIRA) has today announced the winners of the HKIRA 4rd Investor Relations Awards 2018 (the “IR Awards” or “Awards”). Held for four consecutive years, the annual Awards recognise and honour investor relations excellence and best practices among Hong Kong-listed companies and IR professionals. Over 300 guests from listed companies, the IR industry and investor community gathered at today’s IR Awards Conference and Awards Presentation Luncheon to celebrate the winners’ IR excellence and dedication. HKIRA was also honoured to have Mr. Ashley Alder,…
SYDNEY, AUS – (ACN Newswire) – Leading Asia Pacific CRO Novotech commended the Turnbull Government’s Federal Budget decision to exclude clinical trials activity from a A$4m cap on cash refunds, or any lifetime cap on refunds. Novotech CEO Dr John Moller said the move reaffirms Australian’s lead position in attracting foreign investment for drug development and sends a message to the international biopharma community that Australia is the place to conduct research. “The clinical trial sector not only delivers around A$1billion to the Australian economy annually, it also supports the Australian biopharma industry growth and expertise for the development of new life-changing therapies for…
HONG KONG – (ACN Newswire) – Blockchain technology is sweeping the globe and industries, hence driving companies and entrepreneurs to join the revolution. To tackle the current challenges in fundraising, resource matching and low market transparency, Hong Kong based blockchain project SmartUp is dedicated to building a smart incubating ecosystem, and connecting potential startups with global investors and resources. “China does not only play an active role in the global venture communities. She is also one of the largest countries for blockchain adoption. In the past few years, I have been working closely with angel investors and ventures on different startup projects, and…
– Record revenue up 29% to 3,936 million – Adjusted Net profit increase 28% to 964 million – Regional expansion by MACO – New ecosystem is established through 5,901 million investment in Kerry Express BANGKOK, May 18, 2018 – (ACN Newswire) – The past fiscal year was one of the most lucrative years for VGI. We achieved a record revenue of THB 3,936 million – a significant growth of 29%, and the highest in the company’s history. Our EBITDA expanded by 25% to THB 1,691 million, while our adjusted net profit rose considerably by 28% to THB 964 million. All of our business segments…
SINGAPORE – (ACN Newswire) – Hari Raya Light Up 2018 returned to Geylang Serai on 12 May and will run until 30 June 2018, bringing with it a visual feast of more than 50 light installations. Themed “Celebrating our kampung spirit”, the annual event once again brightened the streets of Singapore’s largest Malay enclave with displays inspired by Malay art and cultural icons. The crowd-pleasing shopping bazaar also returned this year with about 800 stalls serving up a plethora of traditional Malay fare, outfits and ornaments. Mr Eric Wong (JP, BBM(L)), Chairman of the Hari Raya Light Up 2018 Organising Committee expressed keen…
TOKYO – (JCN Newswire) – Electric industry leader Tokyo Electric Power Company Holdings Inc. (TEPCO) announced today that it has joined forces with IT and entertainment developer Pocket Queries Inc. to develop a mixed-reality (MR) solution that will combine the real and virtual worlds for fast, easy, three-dimensional visualization of data in the workplace. In the initial phase, collaborative research will focus on supporting frontline personnel working in power plants or factories. The collaboration agreement runs from May 2018 to March 2020. During their research, the two parties will utilize mixed reality to develop a highly accessible and easy-to-use system for consolidating and displaying…
Enabling JCB brand payment at merchants around the world using the Stripe payment platform San Francisco and Tokyo – (ACN Newswire) – Stripe, Inc. and JCB Co., Ltd. announced the signing of an MOU for a global partnership aiming for JCB brand acceptance at all internet merchants using the Stripe payment platform. Stripe provides multicurrency payment processing for tens of thousands of merchants worldwide, from startups to major corporations. Stripe officially launched in Japan in 2016, and has served a wide variety of online business. JCB, the only international payments brand based in Japan, has a global payment acceptance network to serve the…
Most International and Tech-focused Edition Ever HONG KONG – (ACN Newswire) – A record 276 exhibitors are taking part at the 10th anniversary HKTDC Entrepreneur Day, which opened today at the Hong Kong Convention and Exhibition Centre (HKCEC) and continues through tomorrow. Entrepreneur Day provides start-ups with an opportunity to obtain useful information, seek funding, establish connections and recruit talent. Showcasing a wide range of innovative technologies and products, as well as supporting services tailored for entrepreneurs, the event is expected to draw 18,000 visitors. Officiating at the opening ceremony this morning, Nicholas W Yang, Secretary for Innovation and Technology, Hong Kong SAR…
Brand Value reached RMB 880 million HONG KONG – (ACN Newswire) – Tianyun International Holdings Limited (“Tianyun International”, together with its subsidiaries, the “Group”) (Stock code: 6836.HK), a leading seller and manufacturer of processed fruits products in China, is pleased to announce that the Group’s subsidiary Shandong Tiantong Food Co.,Ltd. (the “Tiantong Food”) was being topped “2018 Most Valuable Chinese Brands List “and “Top 100 China Brand Value Evaluation List” for its comprehensive upgraded brand strategy management and outstanding brand value influence. The brand value of RMB 880 million has once again proved the market’s high recognition and affirmation of the…
Discovery can be potentially developed as a novel early cancer detection technology. HONG KONG – (ACN Newswire) – A team led by Dr Edmond Ma Dik-lung, Associate Professor of the Department of Chemistry of Hong Kong Baptist University (HKBU) has developed the world’s first iridium(III)-based probes for imaging dopamine receptors in living cells. The discovery has enhanced the understanding of dopamine receptors in carcinogenesis, and the findings can be potentially developed as a novel early cancer detection technology. The study was published in the inside front cover of Chemical Science, the flagship journal of the Royal Society of Chemistry. Dopamine is an important…