Stunning timepieces, Exquisite craftsmanship, One-of-a-kind treasures and a concluding Public Day on Saturday HONG KONG — The 36th HKTDC Hong Kong Watch & Clock Fair opened with ceremony today, continuing through 9 September at the Hong Kong Convention and Exhibition Centre (HKCEC), showcasing watches, clocks, machinery & equipment, OEM Smart Watches, packaging, parts & components as well as trade services, providing a one-stop sourcing platform for global buyers. The opening ceremony was held earlier with Edward Yau, Secretary of Commerce and Economic Development for the HKSAR Government, as guest of honour. Organised by the HKTDC, the Hong Kong Watch Manufacturers Association…
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– Tailored medical coverage for Type 1 and Type 2 diabetes, and pre-diabetes patients – Access to healthy lifestyle incentives and community support HONG KONG — Cigna Hong Kong has today launched Cigna HealthFirst DiaMedic Plan (“DiaMedic”), a medical insurance solution tailored to the needs of individuals suffering from diabetes and pre-diabetes in Hong Kong. One in 10 people in Hong Kong suffer from diabetes[1], and the Hong Kong Hospital Authority reported a 31.5% increase in patients seeking consultation between 2009/10 and 2014/15[2]. DiaMedic is specifically designed to address the rising medical bills of these patients, who are frequently denied medical…
The First Israeli Company to be Listed on the Main Board of SEHK HONG KONG — Sisram Medical Ltd (“Sisram” or the “Company”; stock code: 1696.HK), a leading global provider of energy-based medical aesthetic treatment systems, today announced the proposed listing of its shares on the Main Board of The Stock Exchange of Hong Kong Limited (“SEHK”). The Company will be the first Israeli company to get listed in Hong Kong. Sisram plans to offer an aggregate of 110,000,000 shares (subject to the over-allotment option), consisting of 99,000,000 international offer shares (subject to reallocation and the over-allotment option) and 11,000,000 Hong…
Moscow, Russia and Tokyo, Japan — JCB International Co., Ltd. (JCBI), the international operations subsidiary of JCB Co. Ltd, and Russian Agricultural Bank (RusAg), one of the largest state owned banks in Russia, announced the signing of a license agreement on acquiring and issuing JCB cards. According to the terms of the agreement, RusAg will start accepting all JCB cards on the bank’s ATM network and POS terminals as well as issuing JCB cards and MIR/JCB co-badged cards. Irina Zhachkina, Deputy Chairman of the Board of RusAg commented: “Russian Agricultural Bank is actively developing cooperation with leading payment systems. We issue…
HONG KONG — Great Wall Pan Asia Holdings Limited (“GWPA” or the “Company”, together with its subsidiaries, the “Group”, stock code: 583.HK) achieved sound and stable development in the first half of 2017 with actively seeking breakthrough in financial services business and constantly fulfilling the objective of business diversification. For the six months ended 30, June 2017, the total assets of the Group were HK$1,834.1 million, representing an increase of 10.1% over the end of last year. Total equity was HK$1,805.2 million, representing an increase of 10.1% over the end of last year. Earnings per share was HK10.58 cents. For the…
TOKYO — UNIQLO today announces that it will launch the Fall/Winter 2017 Uniqlo U collection at stores around Japan and through the uniqlo.com online store from Friday, September 29. This is the third Uniqlo U collection from the design team at the UNIQLO Paris R&D Center, led by Artistic Director, Christophe Lemaire. The new range stems from a drive to make clothing an ideal expression of its wearer, taking LifeWear toward the future through design, pattern, fabric development, and stitching innovations as part of a commitment to reinventing wardrobe basics. The full collection will be available at 62 UNIQLO stores and…
Core Net Profit Surges by 18.0% to RMB176.5 Million, with Core Net Profit Margin Achieving at 69.3%; Further Expands School Network and Size of Student Enrollment to Tap the Private Formal Higher Education Market HONG KONG — Minsheng Education Group Company Limited (“Minsheng Education” or the “Group,” Stock code: 1569) has announced its unaudited interim results for the six months ended 30 June 2017 (“Period under Review”). Financial Highlights – Revenue increased by 4.9% to RMB254.6 million (1H 2016: RMB242.8 million) – Gross profit grew by 7.7% to RMB166.1 million (1H 2016: RMB154.3 million). Gross profit margin improved to 65.2% (1H…
Optimized Business Model Innovation and Efficiency with Net Profit Increased by 17.3% to RMB1294.1 million HONG KONG — China Development Bank Financial Leasing Co., Ltd (“CDB Leasing” or the “Company”, stock code: 1606) is pleased to announce the unaudited consolidated interim results of the Company and its subsidiaries (collectively, the “Group”) for the six months ended June 30, 2017 (“the Period”). Financial Highlights： – total revenue of the Group amounted to RMB5,777.8 million, increased by 8.6% as compared with the same period of last year – Net profit increased by17.3% to RMB1294.1 million – Profit before income tax amounted to RMB1599.5million，increased…
HONG KONG — A pioneer integrated service developer in planning, investment development and operation of large-scale industrial towns in China, China VAST Industrial Urban Development Company Limited (“China VAST” or the “Group,” Stock code: 6166) announced its unaudited interim results for the six months ended 30 June 2017. Profit attributable to owners of the Company surged 142.4% to RMB493.3 million. – Revenue increases 11.5% to RMB1,399.3 million – Gross profit soars 94.1% to RMB922.4 million; gross profit margin rises substantially from 37.9% for the same period in 2016 to 65.9%, mainly due to generally higher gross profit margin of land development…
HONG KONG — Minmetals Land Limited (“Minmetals Land” or the “Company”) (Stock code: 0230) is pleased to announce its unaudited interim results for the six months ended 30 June 2017. The Company’s consolidated revenue increased 15.5% YoY to HK$4.38 billion. Revenue from real estate development, which accounted for 88.2% of the consolidated revenue, increased 16.6% YoY to HK$3.86 billion. As a result of higher-margin products being recognized during the period, the gross margin of real estate development segment surged considerably from 23% to 40%, whilst consolidated gross margin surged 14.8 percentage points to 37.2%. Profit for the period surged substantially to…
Maintains industry leading position with revenue surges by 31.3% YoY HONG KONG — China Logistics Property Holdings Co., Ltd (“CNLP” or the “Company”, together with its subsidiaries, the “Group”, Stock code: 1589), a leading provider of premium logistics facilities in China, today announced its unaudited interim results for the six months ended 30 June 2017 ( “Reporting Period”). Highlights： – Revenue totalled RMB166.1 million, up 31.3% YoY – Gross profit reached RMB105.7 million, up 19.3% YoY – Net profit attributable to shareholders surged to RMB428.7 million – Total asset totalled RMB16.1 billion – Approximately 3.1 million sq.m. of GFA of in…
Profit of direct operating businesses increased by 73% to HK$987 million HONG KONG — China Everbright Limited (“CEL” or “the Group”, stock code: 165.HK) today announced its interim results for the six months ended 30 June 2017. In the first half of 2017, CEL’s direct operating businesses (fund management and principal investment) posted a profit of HK$987 million, up 73% year on year. Profit contribution from Everbright Securities dropped 34% to HK$346 million. China Everbright Bank contributed a dividend income after tax of HK$157 million, down 50% compared to the same period last year. Profit attributable to CEL’s equity shareholders amounted…
Achieved Solid Operating Performance and Enhanced Operating Efficiency HONG KONG — China Communications Services Corporation Limited (“China Comservice” or the “Company”), and its subsidiaries (the “Group”) (HKSE code: 552), today announced its unaudited interim results for the six months ended 30 June 2017. HIGHLIGHTS: Through developing diversified businesses and customers and the effective implementation of the business strategies, the Group continued to achieve solid and healthy growth in operating results and maintained largely stable profit margins. – Total revenues were RMB44,888 million, up by 6.4%; in which revenue from Core Businesses amounted to RMB41,073 million, up by 12.0%. – Profit attributable…
SAN FRANCISCO, CA — Loyyal, the blockchain innovator building a global loyalty network, has announced the addition of Mr. Thom Kozik to the company’s Board of Directors. Mr. Kozik most recently served as Vice President, Loyalty at Marriott International where he led the transformation of the concept of Loyalty marketing from within the world’s largest hotel company. In 2016 Thom led Marriott’s loyalty efforts during the hotel giant’s acquisition of Starwood Hotels & Resorts, and began the task of integrating two of the lodging industry’s most historic and influential programs for over 100 million members worldwide. With Thom’s history of innovation…
Continues to Diversify Product Mix and Expand Coverage of Health Business Segment HONG KONG — Kingworld Medicines Group Limited (“Kingworld Medicines” or the “Group”, stock code: 1110), a distributor of renowned branded imported pharmaceutical and healthcare products in the PRC, has announced its unaudited interim results for the six months ended 30 June 2017(the “Period”). During the period, benefiting from the increase in sales of its core products including Nin Jiom Chuan Bei Pei Pa Koa and Nin Jiom Chuan Bei Pei Pa Candies series and Culturelle probiotic series, together with the Group continuously strengthened network expansion both online and offline,…
HONG KONG — Hua Hong Semiconductor Limited (“Hua Hong Semiconductor” or the “Company”, together with its subsidiaries, the “Group”; stock code: 1347.HK), a global leading pure-play 200mm foundry, today announced its latest 95nm Single Gate embedded Non-volatile Memory (95nm 5V SG eNVM) process platform for the 8-bit microcontroller unit (MCU) market. The 95nm 5V SG eNVM process platform has gained customers’ favour with its low-power/cost benefits while keeping a guarantee on product performance and reliability. The platform has been ramped up successfully, and has delivered outstanding product performance. In the era of connectivity, 8-bit MCUs are evolving constantly and shipments have…
Focused Business Segments Achieved Sustained Growth; Net Profit Rose Steadily HONG KONG — Legend Holdings Corporation (“Legend Holdings” or the “Company”; stock code: 3396.HK) today announce the unaudited interim results of the Company and its subsidiaries for the period ended 30 June 2017 (the “Reporting Period”). Financial Highlights Six months ended 30 June 2017: – Revenue (including continuing operations and discontinued operations) was RMB142.482 billion, representing an increase of 6% year on year; in which the revenue of continuing operations increased by 9% year on year – Net profit attributable to equity holders of the Company was RMB2,687 million, representing an…
Business Diversification Drives Continuous Revenue Growth HONG KONG — Alltronics Holdings Limited (“Alltronics” or the “Group”) (Stock code: 833), a leading electronic products manufacturer, a provider of energy-saving business solutions and a provider of property rental services has today announced its unaudited interim results for the six months ended 30 June 2017 (“1H2017”). During 1H2017, the Group’s revenue increased significantly by 43.4% to HK$675.5 million, mainly due to the increase in revenue from the electronic products segment and the rental income recognised from the investment property acquired during the period. Gross profit surged by 125.3% to HK$211.8 million, with gross profit…
Net Profit reached to 461 million RMB Creating A New Record High Performance in Half Year HONG KONG — Tianneng Power International Limited (“Tianneng Power” or the “Company”), one of the leading electric vehicle motive battery suppliers in China, together with its subsidiaries, (the “Group”) (stock code: 819.HK), today announced its interim results for the 6 months ended 30 June 2017 (“Reporting Period”). In the first half of 2017, the Group continued to adhere to the main theme of making progress while maintaining stability by focusing on quality and efficiency along with innovation drivers to progress further in enterprise platform, intelligentized…
Business Maintained Steady Growth; Transformation and Upgrading Showed Performance HONG KONG — Jilin Jiutai Rural Commercial Bank Corporation Limited (“Jiutai Rural Commercial Bank” or the “Group” or the “Bank”, Stock Code:6122) is pleased to announce its Interim results of the Group and its subsidiaries for the six months ended 30, June 2017 (the “Reporting Period”) recently.The Group’s strategic goal is to position itself as a professional financial services provider with unique values and strong competitive advantages. In the first half of 2017, the global economy continued to recover moderately, and the Chinese economy continued to develop steadily in a favourable momentum,…