A tribute to front-line medical workers: China Life Insurance (Singapore) sponsors Apricot Grove lantern display at Gardens by the Bay's Mid-Autu
AirNet Announces Receipt of Deficiency Letter from Nasdaq
LAIX Inc. Announces Changes in Board and Committee Composition
Chengdu Hi-tech Zone: Attracting Trendsetters from All Over the World for a "Trendy Idea • Mountain Community" in the Park City
TuanChe Announces Unaudited Second Quarter 2020 Financial Results
Ping An Accelerates Digital innovations in Response to COVID-19
Bursa Malaysia Derivatives Re-launches the 5-year Malaysian Government Securities Futures Contract with a Revised Settlement Methodology to Facilitate
Apis Partners leads US$15 million investment in Prenetics
Conflicts Among State-Owned Global Tobacco Companies and Governments Impede Tobacco Control Efforts
The Capital Market Authority Approves "Instructions on Issuing Depositary Receipts Out of the Kingdom"
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The 2020 IECIE Shenzhen eCig Expo was successfully held
SHENZHEN, China, Sept. 17, 2020 /PRNewswire/ -- From August 20th to 22nd, under numerous obstacles, the 2020 IECIE Shenzhen eCig Expo was successfully held, and the audience's enthusiasm exceeded everyone's expectations. This also heralds the official restart of the electronic cigarette industry in 2020. 2020 IECIE Shenzhen eCig Expo The 2020 IECIE Shenzhen eCig Expo included 463 exhibitors from the upstream and downstream of the e-cigarette industry with 2,536 brands showcasing their products in the show. The exhibition site attracted 54,809 people to visit; in addition, 349 exhibitors participated in the IECIE Virtual Expo where 107 exhibitors have contributed live shows and broadcasting in the IECIE virtual expo, attracting 4588 overseas professional buyers from 98 countries and regions. As the first large-scale offline professional e-cigarette exhibition after the epidemic, IECIE not only brought the audience new products and new technologies of various brands, but also organized a number of industry professional forums and player welfare activities. Lively Scene 2020 Shenzhen eCig Expo booth showcase The first day of IECIE opened on Thursday with a large number of professional visitors attending the show. It shows that the public's awareness of the e-cigarette industry is constantly improving and the professional visitors are enthusiastic about joining the industry after the long time economic downturn. Popular Engagement Many booths are crowed with numerous visitors and attracting with its excellent design. Many exhibitors claimed they have gained a lot of on-site orders as well as potential clients during the show, and the number of signed orders is considerable. 2020 IECIE Shenzhen eCig Expo Visitors The pods brand is still the protagonist of this year. In addition to the Pods system, the mods kits product is still a "good heart" for many professional vapers. In addition to looking at the vape machine, the e-liquid also plays an important role. The e-liquid, which is blended with various components, is also one of the main products of this exhibition. What's more, the low-temperature herbal products concentrated in Hall 2 have become the new trend of this year, which shows that the industry is diversifying and upgrading. Of course, there are other types of exhibits. Including intelligent vending machines, battery solutions, chips, and packaging materials. As a one-stop upstream and downstream industry chain platform Compared with the previous post-exhibition report in Shenzhen, a very important information disclosure was added this year: the ratio of new and old visitors. 56% of the visitors firstly visit the IECIE Shenzhen eCig Expo this time. It can be seen that the number of people entering the e-cigarette industry in 2019-2020 is very impressive. Compared with the data in 2019, the audience's expectation for pods systems has dropped by nearly 10%, while the call for mods kits has risen up by nearly 10%. It can be seen that although Pods systems are popular, more and more professional audiences are beginning to look for new trend like mods kits. In conclusion, the audience's satisfaction with IECIE is about 85%, and their enthusiasm for publicity and participation in the IECIE eCig Expo again is very high. There is almost no difference from 2019 data. The schedule of 2021 IECIE Shenzhen eCig Expo has also been released now. The next exhibition will be held in Halls 1, 7, 8, 9 of the Shenzhen Convention and Exhibition Center in September from 3-5 2021. We look forwards to seeing the visitors next year. Photo - https://photos.prnasia.com/prnh/20200917/2920606-1-a?lang=0Photo - https://photos.prnasia.com/prnh/20200917/2920606-1-b?lang=0 Photo - https://photos.prnasia.com/prnh/20200917/2920606-1-c?lang=0
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SIGN CHINA 2020 Opens Today, Both Virtual & Physical
SHANGHAI, Sept. 17, 2020 /PRNewswire/ -- SIGN CHINA 2020 Shanghai Show, organised by Informa Markets Trust, kicks off its first ever SIGN CHINA | Live online webcast today with its physical show at Shanghai New International Expo Centre, 17 -19 September 2020 to allow domestic and overseas buyers conduct their sourcing with reliable suppliers online and onsite. Onsite SIGN CHINA 2020 Shanghai Show For 2020, SIGN CHINA bring together 2000 leading brands to present extensive range of product from signage & lightbox/ indoor & outdoor digital print equipment and ink/ digital textile printing equipment & materials/ indoor & outdoor digital print materials/ laser engraving & cutting equipment and components/ display & retail solutions/ acrylic & advertising panel. And all exhibitors will showcase their product onsite and launch live webcast online. Exhibits of SIGN CHINA 2020 Shanghai Show Since its establishment in 2003, SIGN CHINA has been devoted to attracting good quality and leading enterprises from the sign industry for its professional buyers. SIGN CHINA Live will be no different in terms of either product diversity or immersive sourcing experience. SIGN CHINA | Live is easy to navigate. It is an excellent platform for buyers to dive into the live interaction with suppliers via chat or video call, to schedule meetings with exhibitors and post specific purchase enquires. User interface of SIGN CHINA - Live Although the platform will service clients all year round, but the most attractive part, the Live Webcasts will only be streaming same as the physical show dates, from 17 to 19 September. Join now https://bit.ly/33sc43K for golden opportunities to connect with big names from traditional & digital signage industry. About SIGN CHINA: Established in 2003, SIGN CHINA has been devoting itself to build a one-stop platform for the sign community, where global sign users, manufacturers and professionals can find the combination of laser engraver, traditional and digital signage, light box, advertising panel, POP, indoor & outdoor wide format printer and printing supplies, inkjet printer, advertising display, LED display, LED illuminant, OLED and digital signage all in one place. (For more, visit: www.SignChinaShow.com) About the Organiser: Informa Markets Trust, a joint venture of Informa Markets. Informa Markets is a leading B2B information services group and the largest B2B event organizer in the world. It has over 11,000 staff and provides business service to over 40 countries for more than 50 different industries. Over 500 leading exhibitions across the globe are organised by Informa Markets. Photo - https://photos.prnasia.com/prnh/20200917/2920703-1-a?lang=0Photo - https://photos.prnasia.com/prnh/20200917/2920703-1-b?lang=0Photo - https://photos.prnasia.com/prnh/20200917/2920703-1-c?lang=0
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Viva Biotech's Portfolio Company Dogma Therapeutics Reached the Acquisition Agreement with AstraZeneca on Dogma's Oral PCSK9 Inhibitor Progr
CAMBRIDGE, Mass., Sept. 17, 2020 /PRNewswire/ -- Dogma Therapeutics ("Dogma"), a Viva Biotech Portfolio Company, has reached an agreement for the acquisition of its oral PCSK9 program by AstraZeneca. Dogma will receive upfront as well as downstream payments linked to global regulatory and commercial milestones. The pursuit of a convenient, oral PCSK9-based therapy has been the singular focus of Dogma scientists for nearly a decade. Through Viva Biotech's world-leading structure-based drug discovery platform, the Dogma team improved the Dogma inhibitors' binding to PCSK9, ultimately achieving picomolar affinity. In preclinical models of hypercholesterolemia, multiple Dogma small molecule inhibitors were proved to significantly lower the LDL-C level when dosed orally. "Viva Biotech has begun to incubate and invest in Dogma Therapeutics since 2017. It was an exceptionally rewarding experience for our team to have a close partnership with Dogma during the exciting discovery phase," said Dr. Zhixiong Ye, the Chief Scientific Officer at Viva Biotech. "An orally-bioavailable small molecule PCSK9 inhibitor will greatly impact the unmet medical needs of cardiovascular patients." Historically, several antibody-based inhibitors emerged following the rapid accreditation of the PCSK9 target through human genetics. However, despite large outcome trials showing a 15-20% reduction in cardiac events, the cost-effectiveness and wide use of antibody-based PCSK9 injectables have been questioned. Alternate approaches to PCSK9 inhibition have been stymied by the expansive binding surface targeted by the antibodies, and to date, only indirect approaches to PCSK9 inhibition by small molecules have been reported. "We have built a robust data package that highlights the cholesterol-lowering and safety potential of our oral PCSK9 program," noted Dogma CEO Brian Hubbard, Ph.D. "This agreement with AstraZeneca meets our strategic goal to accelerate access to patients unable to meet target LDL-C. I would like to especially thank our scientific partners – Charles River Laboratories, Viva Biotech, Anji Pharma, and our CRO partners - for their commitment to this project and their world-class problem solving." Mene Pangalos, Executive Vice President, BioPharmaceuticals R&D, AstraZeneca said: "Raised LDL cholesterol is a key risk factor for cardiovascular disease and is estimated to cause 2.6 million deaths worldwide every year. Whilst PCSK9 is a well validated target for lowering LDL cholesterol it has been a hugely challenging target to inhibit with small molecules. This agreement with Dogma Therapeutics offers us the opportunity to develop the first small molecule, orally bioavailable PCSK9 inhibitor, for patients at risk of cardiovascular disease." About Viva Biotech Viva Biotech operates a leading structure-based, integrated drug discovery platform, providing drug discovery services to biotechnology and pharmaceutical customers worldwide. Viva Biotech actively combines conventional cash-for-service (CFS) and unique equity-for-service (EFS) approaches to realize a combination of short and long term innovation-driven returns. CFS covers the full spectrum of its customers' needs for early-stage drug discovery, including target protein expression and structure research, hit screening, lead optimization, and drug candidate determination. As of June 30th, 2020, Viva Biotech has served 495 pharmaceutical customers worldwide, worked on over 1,300 independent drug targets, delivered approximately over 17,000 protein structures, and incubated/invested 56 early-stage biotech startups. For More Info, Please Visit www.vivabiotech.com About Dogma Therapeutics Dogma Therapeutics has discovered bona fide small molecule inhibitors of PCSK9 function that are orally bioavailable across multiple preclinical species. Guided by dozens of high-resolution x-ray structures of our molecules bound to PCSK9, we have utilized structure-based design to achieve picomolar affinity. For More Info, Please Visit www.dogmatherapeutics.com Related Links :http://www.vivabiotech.com
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Global Cord Blood Corporation to Hold Annual General Meeting in Hong Kong on December 7, 2020
HONG KONG, Sept. 17, 2020 /PRNewswire/ -- Global Cord Blood Corporation (NYSE: CO) ("GCBC" or the "Company"), China's leading provider of cord blood collection, laboratory testing, hematopoietic stem cell processing, and stem cell storage services, today announced that the Company will hold its 2020 annual general meeting of shareholders at its Hong Kong office located at 48/F, Bank of China Tower, 1 Garden Road, Central, Hong Kong, at 9:00 p.m. Hong Kong Time on December 7, 2020 (8:00 a.m. U.S. Eastern Standard Time on December 7, 2020). Shareholders of record as of October 26, 2020 will be entitled to receive notice of and vote at the annual general meeting. The Company has filed its annual report with the U.S. Securities and Exchange Commission (the "SEC"), of which its Form 20-F (filed on July 29, 2020) can be accessed via the Investor Center section of the Company's website at http://www.globalcordbloodcorp.com, as well as on the SEC's website at http://www.sec.gov. Shareholders may request a meeting notice, proxy statement and hard copy of the annual report on Form 20-F free of charge, by contacting ir@globalcordbloodcorp.com. In view of the enactment of the Prevention and Control of Disease (Prohibition on Group Gathering) Regulation (Cap. 599G of the Laws of Hong Kong) which became effective on March 29, 2020, to promote and maintain social distancing in light of the COVID-19 pandemic, the Company may require shareholders seeking to attend the 2020 annual general meeting to submit to temperature testing and to wear approved face coverings and may refuse entry to shareholders refusing to comply with such measures. About Global Cord Blood Corporation Global Cord Blood Corporation is the first and largest umbilical cord blood banking operator in China in terms of geographical coverage and the only cord blood banking operator with multiple licenses. Global Cord Blood Corporation provides cord blood collection, laboratory testing, hematopoietic stem cell processing and stem cell storage services. For more information, please visit the Company's website at: http://www.globalcordbloodcorp.com. Safe Harbor Statement This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934. These statements relate to future events or the Company's future financial performance. The Company has attempted to identify forward-looking statements by terminology including "anticipates", "believes", "expects", "can", "continue", "could", "estimates", "intends", "may", "plans", "potential", "predict", "should" or "will" or the negative of these terms or other comparable terminology. These statements are only predictions, uncertainties and other factors may cause the Company's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. The information in this press release is not intended to project future performance of the Company. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, the Company does not guarantee future results, levels of activity, performance or achievements. The Company expectations are as of the date this press release is issued, and the Company does not intend to update any of the forward-looking statements after the date this press release is issued to conform these statements to actual results, unless required by law. For more information, please contact: Global Cord Blood CorporationInvestor Relations DepartmentTel: (+852) 3605-8180Email: ir@globalcordbloodcorp.com ICR, Inc.William ZimaTel: (+86) 10-6583-7511U.S. Tel: (646) 405-5185Email: William.zima@icrinc.com Related Links :http://www.globalcordbloodcorp.com
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Manulife launches market's first MPF retirement income fund, aiming to provide regular and stable income in retirement
Brand new pre- and post-retirement solution with dividend distribution[1] to be reinvested into designated MPF funds according to ageHONG KONG, Sept. 17, 2020 /PRNewswire/ -- For Manulife Global Select (MPF) Scheme Important to note: · You should consider your own risk tolerance level and financial circumstances before making any investment choices. When, in your selection of constituent funds or the Default Investment Strategy ("DIS"), you are in doubt as to whether a certain constituent fund or the DIS is suitable for you (including whether it is consistent with your investment objectives), you should seek independent financial and/or professional advice and make investment choices most suitable for you taking into account your circumstances. · The asset allocation of the Manulife MPF Core Accumulation Fund and the Manulife MPF Age 65 Plus Fund ("DIS CFs") in the DIS and some of the constituent funds which are referred to as Retirement Funds will change over time and hence the risk profile and return will also change over time. The DIS CFs or the Retirement Funds may not be suitable for all members. You should understand the relevant risks involved before investment and consider factors other than age and review your own investment objectives. · The Manulife MPF Interest Fund and the Manulife MPF Stable Fund (collectively the "Guaranteed Funds") under the scheme each invests solely in approved pooled investment funds in the form of insurance policy provided by Manulife (International) Limited. The guarantee is also given by Manulife (International) Limited. Your investments in the Guaranteed Funds, if any, are therefore subject to the credit risks of Manulife (International) Limited. Please refer to sections 3.4.2 (Manulife MPF Stable Fund (the "Stable Fund")) and 7.2.4(b) (Manulife MPF Stable Fund) and sections 3.4.1 (Manulife MPF Interest Fund (the "Interest Fund")) and 7.2.4(c) (Manulife MPF Interest Fund) of the MPF Scheme Brochure for details of the credit risks, guarantee features and qualifying conditions. · The Manulife MPF Retirement Income Fund (the "Retirement Income Fund") does not guarantee distribution of dividend, the frequency of distribution, and the dividend amount/yield. Dividends may be paid out of the realized capital gains, capital and/or gross income while charging/paying all or part of the fees, charges and expenses to/out of the capital, resulting in an increase in distributable income available for dividend distribution. Payment of dividends out of capital and/or effectively out of capital represent a withdrawal of part of the original investment or from any capital gains attributable to that original investment. Distribution of dividends will result in an immediate decrease or adjustment in the net asset value per unit of the Retirement Income Fund on the ex-dividend date. · Members who are below age 65 should note that the regular and frequent distribution of dividends and reinvestment of such dividends into the Retirement Income Fund will inevitably involve an investment time-lag during which dividends are not reinvested and it is subject to out-of-market risk on a recurring basis (currently, on a monthly basis). With the feature of dividend distribution, the return of the Retirement Income Fund for these members may be impacted negatively or positively as its net asset value per unit may have gone up or down at the time when dividends are reinvested. Therefore the return of the Retirement Income Fund for these members may deviate from that of a constituent fund with similar investment portfolio without such arrangement and may not always be advantageous to these members. · Investment involves risks and not each of the constituent funds would be suitable for everyone. You should consider the risks associated with each of the constituent funds and the DIS and your investments/accrued benefits may suffer loss. · Before making your investment choices, you should read the MPF Scheme Brochure for details including risk factors, fees and charges of the scheme. You should not make your investment decision based on this material alone. Manulife today announced the launch of Hong Kong's first retirement income fund in the MPF market to address MPF members' needs from pre-retirement wealth accumulation to post-retirement regular dividend distribution[1]. Raymond Ng, Vice President and Head of Employee Benefits at Manulife Hong Kong, introduces the upcoming Manulife MPF Retirement Income Fund. It is the first investment solution in the MPF market that covers pre-and post-retirement stages, aiming to provide regular and stable income to retirees through dividend distribution. The launch of the Manulife MPF Retirement Income Fund ("the Fund") enhances the competitiveness of our comprehensive fund platform. With the new addition, the total number of constituent funds available through the Manulife Global Select (MPF) Scheme is 30. The scheme offers MPF members a variety of investment choices across different asset classes and markets so that they can design an MPF portfolio to suit their retirement needs and investment appetite. This echoes the Mandatory Provident Fund Schemes Authority's (MPFA) call for the development of retirement solutions under the MPF system that more effectively meet scheme members' investment needs in both the contribution and the withdrawal phases. The Fund seeks to provide regular and stable income[1] by way of distribution of dividend[2] to members MPF accounts, with the secondary objective of generating long-term capital growth. When members aged below 65, the monthly dividend[2] is automatically reinvested in the Fund seeking to help drive that capital growth. When aged 65 or above, the monthly dividend will be distributed to the designated Manulife MPF Interest Fund ("Interest Fund")[3], which will provide a capital guarantee[4]. "As the largest MPF scheme sponsor[5] in Hong Kong, we are proud to lead the market by being the first MPF provider to introduce this holistic retirement solution to meet both pre- and post-retirement needs of the working population here," said Raymond Ng, Vice President and Head of Employee Benefits at Manulife Hong Kong. "It is an exciting news for Manulife MPF members who wish to continue to stay on our MPF platform to invest as they retire. With our wealth of more than 80 years of pension management experience, we are confident that our MPF platform provides quality options for our members." "The Fund offers flexibility in that it has no entry age limit, no investment or contribution threshold, and no minimum investment period. It serves as a new choice for members as the Fund targets to grow their capital before retirement and preserve their dividends upon retirement. It also has a new concept of dividend mechanism(dividends to be allocated to members' accounts within 10 business days from the ex-dividend date)[6], retirees may enjoy a steady stream of income," Mr. Ng continued. Stages Designated constituent funds of dividend distribution Pre-retirement (below age 65) Manulife MPF Retirement Income Fund[6] Post-retirement (age 65 or above) Manulife MPF Interest Fund[7] As soon as members reach the statutory retirement age of 65, they will enjoy a privileged rate of 0.99% per annum of net asset value on management fees by way of bonus unit rebate. This compares with fees of 1.3% at the pre-retirement stage (below age 65). "This year marks the twentieth anniversary of the MPF system and the introduction of market's first MPF retirement income fund will further complement the MPF fund platform, offering MPF members a new option in retirement planning and therefore benefiting Hong Kong's working population." Mr. Ng said. Earlier this year, Manulife conducted a research[8] to better understand public acceptance of an MPF post-retirement solution. The survey found that nearly half of all the respondents (49%) were keen to add such a solution to their MPF portfolios. The top three features most welcomed by respondents were dividend payments (52%), a stable income after retirement (48%), and low risk (30%). Among those interested in such a post-retirement solution, the majority (77%) said they would re-allocate their existing MPF portfolios to include it, with most (74%) saying they would allocate more than 20% of their portfolios to it. The remainder of this group (23%) preferred to make additional voluntary contributions to include such a solution in their MPF portfolios. Before the launch of the Fund, Hong Kong people have three ways to manage their MPF upon retirement: withdraw all MPF benefits in a lump sum; withdraw their MPF benefits by instalments; or keep their MPF benefits in their accounts for continuous investment. Appendix Fund Facts Fund Name Manulife MPF Retirement Income Fund Investment objectives and policies Provide regular and stable income[9] by way of distribution of dividend[10], with the secondary objective of generating long-term capital growth. Invest on a diversified basis with around 20% to 60% of the underlying portfolio indirectly invested in equities and equity-related investments, with the remainder of the assets indirectly invested in bonds, deposits and other investments as permitted under the Mandatory Provident Fund Schemes (General) Regulation. Launch date September 21, 2020 Current level of management fees 1.30% per annum of net asset value (NAV) Privileged rate on management fees for retirees 0.99% per annum of NAV by way of a monthly bonus unit rebate at a rate of 0.31% per annum (for members aged 65 or above only) About Manulife Hong Kong Manulife Hong Kong, through Manulife International Holdings Limited, owns Manulife (International) Limited, Manulife Investment Management (Hong Kong) Limited and Manulife Provident Funds Trust Company Limited. As a member of the Manulife group of companies, Manulife Hong Kong offers a diverse range of protection and wealth products and services to individual and corporate customers in Hong Kong and Macau. About Manulife Manulife Financial Corporation is a leading international financial services group that helps people make their decisions easier and lives better. With our global headquarters in Toronto, Canada, we operate as Manulife across our offices in Canada, Asia, and Europe, and primarily as John Hancock in the United States. We provide financial advice, insurance, and wealth and asset management solutions for individuals, groups and institutions. At the end of 2019, we had more than 35,000 employees, over 98,000 agents, and thousands of distribution partners, serving almost 30 million customers. As of June 30, 2020, we had C$1.2 trillion (HK$6.8 trillion) in assets under management and administration, and in the previous 12 months we made C$30.6 billion in payments to our customers. Our principal operations are in Asia, Canada and the United States where we have served customers for more than 155 years. We trade as 'MFC' on the Toronto, New York, and the Philippine stock exchanges and under '945' in Hong Kong. [1] Manulife MPF Retirement Income Fund does not provide any guarantee on the capital or investment return or dividend amount/yield. There is no assurance on the dividend distribution frequency and the dividend amount/yield may fluctuate. Dividends may be paid out of the realized capital gains, capital and/or gross income while charging/paying all or part of the fees, charges and expenses to/out of the capital, resulting in an increase in distributable income available for dividend distribution. Payment of dividends out of capital and/or effectively out of capital represent a withdrawal of part of the original investment or from any capital gains attributable to that original investment. Distribution of dividends will result in an immediate decrease or adjustment in the net asset value per unit of the Retirement Income Fund on the ex-dividend date. Despite the above, dividends will be allocated to members' account/sub-account for investment. Please refer to the MPF Scheme Brochure for further details including risk factors. [2] It is intended that Manulife MPF Retirement Income Fund will distribute dividend on a monthly basis starting from the seventh month (or earlier as advised by the investment manager of the underlying first level approved pooled investment fund if it considers appropriate) after the launch date of September 21, 2020. [3] The Manulife MPF Interest Fund is a non-unitized bond fund of the Manulife Global Select (MPF) Scheme that provides a capital guarantee and aims to provide members with interest each month at a rate that equals to or exceeds the prescribed savings rate published by the Mandatory Provident Fund Schemes Authority. The actual interest rate shall be declared by Manulife Provident Funds Trust Company Limited at its sole discretion at the recommendation of Manulife (International) Limited at the end of the month. Please refer to sections 3.4.1 (Manulife MPF Interest Fund (the "Interest Fund")) and 7.2.4(c) (Manulife MPF Interest Fund) of the MPF Scheme Brochure for details of the credit risks and guarantee features. Manulife (International) Limited is the guarantor. [4] The guarantee features of Manulife MPF Interest Fund (the "Interest Fund") are subject to the credit risks of the guarantor. Dividends are credited to and invested in the Interest Fund which is subject to relevant risks such as the credit risks of the guarantor as well as fees and charges applicable to the Interest Fund. Please refer to sections 3.4.1 (Manulife MPF Interest Fund (the "Interest Fund)) of MPF Scheme Brochure for a detailed description of the Interest Fund, particularly the investment objective and risks. [5] "Mercer MPF Market Shares Report" as at June 30, 2020 by Mercer (Hong Kong) Limited, in terms of market share of total MPF assets by scheme sponsor. [6] Members who are below age 65 should note that the regular and frequent distribution of dividends and reinvestment of such dividends into the Retirement Income Fund will inevitably involve an investment time-lag during which dividends are not reinvested and it is subject to out-of-market risk on a recurring basis (currently, on a monthly basis). With the feature of dividend distribution, the return of the Retirement Income Fund for these members may be impacted negatively or positively as its net asset value per unit may have gone up or down at the time when dividends are reinvested. Therefore the return of the Retirement Income Fund for these members may deviate from that of a constituent fund with similar investment portfolio without such arrangement and may not always be advantageous to these members. These members should consider carefully whether the Retirement Income Fund is suitable for them and, if necessary, seek independent professional advice. [7] Please refer to footnote 3 on page 2 of this Press Release. [8] Survey conducted from March 31 to April 2, 2020, with 1,021 Hong Kong-based working people, retirees, unemployed and housewives aged 25 or above. [9] Please refer to Footnote 1 on page 2 of this Press Release [10] Please refer to Footnote 2 on page 2 of this Press Release Photo - https://photos.prnasia.com/prnh/20200917/2920529-1?lang=0
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Equiteq advises Alten on its first Korean acquisition, AP Solutions, a local leader in technology and engineering services
SINGAPORE, Sept. 17, 2020 /PRNewswire/ -- Equiteq is pleased to announce it has supported Alten, a global leader in technology and engineering consulting in the penetration of the Korean market, through the identification and acquisitions of AP Solutions. Founded in 1988, Alten has grown to become a pioneer in innovation, R&D and technological information systems. With more than 37,000 qualified engineers across 25 countries, Alten is listed in the Euronext Paris stock exchange. Strong in Europe and in the US, Alten has successfully developed its business in Asia through successful acquisitions in Japan, China and India. Korea appeared to be the next market given its maturity and leadership position in the automotive sector globally. AP Solutions was founded in Korea in 1999, and has grown to become a leader in automotive engineering & professional solutions with a team of 350 people split across its two main offices in Korea, with additional presence in China. Key expertise lies in the automotive, aviation and railway industry. Pascal Amore, Alten Executive Vice President in charge of Asia, commented "The acquisition of APS is aligned with Alten's long term strategy to substantially grow its R&D engineering capabilities in Asia, maintaining top positioning in Technology Consulting and Engineering. This acquisition marks Alten's entry into one of world's most advanced worldwide economy and will provide Alten an opportunity to leverage its technical expertise in segments such as Aerospace, Defense, Automotive and Digital for domestic Korea market, but also supporting key Korean players across the globe". Regarding Equiteq's role, Pascal added, "Equiteq was critical to the success of this transaction. From the initial market scanning and identification of targets, communication, and negotiations between APS and Alten throughout the process, up to the successful closing of the deal. Equiteq helped bridge the culture gap thanks to its combined M&A expertise and understanding of the local market." Sylvaine Masson, Director at Equiteq Asia-Pacific, commented: "It's been a real pleasure working with Alten throughout this journey. Having completed several acquisitions in the past, Alten managed to create a very professional and efficient team to support this deal, combining the right level of professionalism and M&A expertise, with strong business understanding and strategic drive. I am sure that this acquisition will boost their development and international expansion, and marks the beginning of a very successful journey in Korea." Related Links :https://www.equiteq.com/home/
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Transformation in the Middle of a Pandemic, BRI President Director Sunarso is named the Most Visionary CEO
JAKARTA, Indonesia, Sept. 17, 2020 /PRNewswire/ -- The COVID-19 pandemic, which is still happening to date, has become an accelerator of transformation in Bank BRI (BBRI). This transformation process was appreciated by BUMN Track magazine, where at the 9th BUMN Award 2020 event held in Jakarta (09/07) BRI President Director Sunarso was named the Best Public Company Visionary CEO and the Best Talent Development CEO. In the event, BRI also won awards as state-owned enterprises with the Best Growth Strategy, state-owned enterprises with the Best Organizational Transformation, state-owned enterprises with the Best GCG Implementation, state-owned enterprises with the Best Superior HR Development. BRI also won the Best Overall state-owned enterprises. The Chairperson of the 2020 BUMN Anugerah event Jury Board includes Dr. Tanri Abeng (state-owned enterprises Observer and BUMN Track Expert Council) with Prof. Bramantyo Djohanputro, Ph.D., M.B.A (Executive Director of PPM Management), Dr. Enny Sri Hartati (INDEF Senior Researcher), Dr. Mas Achmad Daniri M.Ec (Chairman of the KNKG), Dr. Abdulgani, MA (President Director of Garuda Indonesia 1998 - 2002, Observer of state-owned enterprises), Dr. Triono Saputro (Director of PPM Management Organization Development Services), Andi Ilham Said, Ph.D (Head of PPM Management Research and Development Center), Lenita Tobing (partner of PwC Consulting Indonesia), Tulus Abadi (Chair of YLKI). Sunarso who attended the event explained that the crisis caused by the current pandemic was different from the previous crisis. "However, with the current pandemic, the banking industry is more prepared, and its risk management improves," added Sunarso. BRI itself has a way to survive and continue to grow amidst an economic condition full of uncertainty. Transformation is a strategy that is being implemented, and Sunarso said that the transformation has been carried out by Bank BRI since 2016. "The objects of BRI's transformation are carried out in two areas, namely digital and culture. And, the pandemic that occurred has accelerated the transformation," added Sunarso. "In terms of digital transformation, BRI innovates products, business processes and operations to adjust people's behavior, such as by presenting digital loans and digital savings while growing healthy through selective growth. Meanwhile, culture transformation is centred on cultural change based on performance so that everyone can design their own success," he added. Apart from that, from the cultural side, the implementation of WFH and flexy working, changes in the function and role of the BRI office network and the implementation of health protocols in all BRI offices became commonplace among BRI. Along with the transformation program that is currently being carried out, BRI is also taking an active role in terms of saving Micro, Small and Medium Enterprises (MSMEs) and the National Economic Recovery Program (program Pemulihan Ekonomi Nasional /PEN). "This crisis is attacking all segments of society, including MSMEs where they cannot carry out their economic activities due to the pandemic. BRI, as the largest MSME bank in Indonesia, does not remain silent seeing the existing conditions and since the beginning of the pandemic, BRI has made breakthroughs in terms of saving MSMEs in Indonesia, "explained Sunarso. Until the end of June 2020, BRI had restructured 2.9 million MSME customers with loans reaching IDR 176 Trillion, where the restructuring was carried out through lowering interest rates and postponing payment of interest and / or principal rates for a maximum of 12 months. In addition, BRI has also distributed additional stimulus for the first stage of Micro Credit Program (Kredit Usaha Rakyat/KUR) interest subsidy that has been received from the government amounting to IDR 12.9 billion to more than 211 thousand Micro Credit Program debtors throughout Indonesia. As an effort to revive MSMEs again, BRI has also received a placement of funds from the government of IDR 10 trillion as the implementation of PMK no. 70. "BRI is committed to disbursing a minimum of IDR 30 trillion in the next 3 months, which is focused on the MSME sector with the food and agriculture sectors as priorities," added Sunarso. Another commitment shown by the company to revive the Indonesian economy is by continuing to distribute Micro Credit Program selectively. Until the end of June 2020, BRI has distributed Micro Credit Program of IDR 56 trillion to more than 2 million MSMEs, where this figure is equivalent to 46.6% of the target that was set by the government. "No matter how big a crisis is, we have to face it calmly and then with a good strategic response. By having a good strategic response, actually half of the crisis has been resolved. I am optimistic that this nation can pass this crisis well," concluded Sunarso. Information about BANK BRI can be accessed through the website www.bri.co.id
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Manulife's young leaders tackle rising pollution from single-use face masks
Manulife LEAD Asia talent development program prepares associates for leadership roles Teams develop innovative strategies to help keep single-use face masks out of the world's oceans HONG KONG, Sept. 17, 2020 /PRNewswire/ -- Manulife is calling on its next generation leaders to help create solutions that mitigate the environmental challenges posed by the increasing reliance on single-use face masks. An estimated 129 billion single-use face masks are currently being thrown away every month, according to BBC News.[1] Used masks cannot be safely recycled, and most are being disposed of as general rubbish. According to research conducted by Hong Kong-based OceansAsia and other marine conservation experts around the word, many masks are already ending up in the world's seas, where they pose an immediate and critical danger to marine life and create environmental pollution that will persist for hundreds of years. While mask-wearing is being encouraged to help curb the spread of COVID-19, communities are also grappling with how to reduce the pollution that has come with it. How to balance these imperatives was the complex challenge presented to young executives in Manulife's LEAD Asia graduate development program. Working with OceansAsia, the LEAD management associates have proposed a range of innovative solutions to raise greater awareness and potentially tackle what is fast becoming a global issue. The solutions ranged from creating a digital platform to engage customers and raise awareness, with gamification elements, to organising direct action for beach clean-ups. Manulife introduced the Asia LEAD graduate development program in 2018 with the aim to train high-potential millennial talents as the company's future leaders. Emphasising Leadership, Experience, Advocacy and Development, LEAD offers business rotations, social learning and advocacy experience over an intense 18-month period that takes candidates on local and overseas assignments and through classroom-based curricula and experiential programs. Over the past few months, the LEAD program has moved into the virtual world to promote social distancing. "Manulife empowers our young leaders to contribute to global issues in ways we can all be proud of. Our LEAD program provides new graduates in Asia with real world training and experiences so they can contribute not only at work, but in the community. We are very proud of how they have responded to this challenge, which is a very practical way for them to make people's lives every day better," said Anil Wadhwani, President and Chief Executive Officer, Manulife Asia. "Seeing Manulife's next generation leaders tackling ocean pollution is very encouraging. Healthy marine ecosystems are critical to all life on this planet, not just as a food resource for billions of people but to providing us the very air we need to breathe. Their fresh and novel ideas are helping us work towards not only addressing the issue of properly disposing face masks, but importantly eliminating single-use plastics in our environment," said Gary Stokes, Founder, OceansAsia. The first cohort of LEAD management associates will take up positions across various functions and offices in Asia where Manulife operates. For more information on the Manulife LEAD program, visit: https://www.manulife.com/en/careers/students.html. About Manulife Manulife Financial Corporation is a leading international financial services group that helps people make their decisions easier and lives better. With our global headquarters in Toronto, Canada, we operate as Manulife across our offices in Canada, Asia, and Europe, and primarily as John Hancock in the United States. We provide financial advice, insurance, and wealth and asset management solutions for individuals, groups and institutions. At the end of 2019, we had more than 35,000 employees, over 98,000 agents, and thousands of distribution partners, serving almost 30 million customers. As of June 30, 2020, we had $1.2 trillion (US$0.9 trillion) in assets under management and administration, and in the previous 12 months we made $30.6 billion in payments to our customers. Our principal operations are in Asia, Canada and the United States where we have served customers for more than 155 years. We trade as 'MFC' on the Toronto, New York, and the Philippine stock exchanges and under '945' in Hong Kong. [1] BBC News: https://www.bbc.com/news/av/science-environment-53287940 Logo - https://photos.prnasia.com/prnh/20200324/2759253-1LOGO?lang=0Related Links :https://www.manulife.com
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Hong Kong's First Virtual Bank Partners with Accuity to Meet Compliance Requirements and Improve Customer Experience
ZA Bank implements an automated screening solution from Accuity to securely open bank accounts, approve loan applications, and process paymentsSINGAPORE and HONG KONG, Sept. 17, 2020 /PRNewswire/ -- Accuity, the leading global provider of financial crime screening, payments and counterparty know your customer (KYC) solutions, today announced that ZA Bank, Hong Kong's first virtual bank, has implemented its screening solution to improve customer experiences, and at the same time, meet domestic and international regulatory requirements. Under Hong Kong's regulatory and supervisory framework, a bank must regularly demonstrate that it has a robust risk and compliance screening system in place to screen and alert the bank regarding individuals who could be engaged in financial crime, associated with sanctioned regions or entities, or are politically exposed persons (PEPs), to prevent them from using the bank as a conduit for illicit activities. With exceptional customer experience being a core focus of ZA Bank, it has to ensure that its risk and compliance screening system can cope with the need to filter in real-time against a variety of rapidly changing regulations and sanction lists, without disrupting the flow of finance or generating unnecessary and overwhelming amounts of extra work. More importantly, the bank needs to maintain a high level of efficiency when handling account openings, loan applications and payments. Rockson Hsu, CEO, ZA Bank, said, "While ZA Bank provides around-the-clock, innovative services purely through a mobile application, we have adopted a rigorous compliance and risk management approach like the traditional banks do. Accuity has been a valuable partner in our endeavour to make banking accessible to more people in our community through technology. By handling growing numbers of customers and transactions with high levels of accuracy, their Firco screening solution has not only helped us meet the AML and KYC-related requirements, it has played a key role in upholding our dedication to excellence." By turning to the suite of Firco screening solutions, including Firco Continuity, Firco Trust and Firco Global WatchList®, ZA Bank has achieved a balance between ensuring rigorous risk management and delivering excellent customer experiences. The solution operationalizes three key steps: automated alert detection, reduction of false positive alerts, and prioritization of high-risk alerts. This allows ZA Bank to generate an electronic audit trail that acts as retrospective proof of the bank's compliance policies in action, for sharing with auditors and regulators. Underpinned by unique filtering technology and configured based on ZA Bank's specific needs and risk profile, Firco Trust can screen millions of customers at the time of onboarding, while Firco Continuity can screen millions of transactions for fast settlement. An individual's name, for instance, is the starting point for many screening checks. The filtering technology has been designed to account for common variations in name structures or typologies in English, Simplified Chinese characters, Traditional Chinese characters, and Hanyu Pinyin, amongst many other languages. Bharath Vellore, Managing Director, Asia Pacific, Accuity, said, "The competitive edge for digital banks is primarily through customer experience and lower operational costs. Accuity is proud to be supporting ZA Bank's innovative business model, as well as Hong Kong's advancement into the era of smart banking. The success of this implementation is a strong validation of our reliable and flexible solutions to constantly address new industry needs and standards, such as extensive due diligence, preventing financial crime, and enabling fast, scalable, and frictionless user experiences." Note for Editors: About Accuity: Accuity powers compliant and assured client transactions to help build an interconnected and trusted financial ecosystem. Our financial crime screening, payment services, and benefits compliance solutions help enable financial inclusion while identifying criminal activity and fraudulent players. With deep expertise and industry-leading data and analytics solutions from the Firco and Bankers Almanac brands, Accuity provides unmatched confidence, efficiency and compliance for customers around the world. Part of RELX, a world-leading provider of information and analytics for professional and business customers across industries, Accuity has been delivering solutions to banks and businesses worldwide for 180 years. About ZA Bank: ZA Bank Limited ("ZA Bank"), licensed by the Hong Kong Monetary Authority ("HKMA") on 27 March 2019, is one of the first batch of virtual banks in Hong Kong. On 18 December 2019, ZA Bank conducted its pilot trial under the HKMA's FinTech Supervisory Sandbox. On 24 March 2020, ZA Bank officially launched its services to the public, making it the first fully operational virtual bank in Hong Kong. ZA Bank was established by ZhongAn Technologies International Group Limited ("ZA International"). With its "Community-Driven" approach, ZA Bank encourages users to directly contribute to its product development and design process, guiding the bank to design and develop innovative products and services that will better serve the needs of customers in Hong Kong. ZA International was established in Hong Kong in December 2017, by ZhongAn Online P&C Insurance Co., Ltd. (HKEX stock code: 6060), an online-only InsurTech company in China, to explore international business development, collaboration and investment opportunities in the area of FinTech and Insurtech in overseas market.Related Links :http://www.accuity.com
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Exiger Expands APAC Footprint Opening Office in Australia
NEW YORK and SYDNEY, Sept. 17, 2020 /PRNewswire/ -- Exiger, the GRC firm transforming the global fight against financial crime and fraud, is opening its eleventh office in Sydney, Australia to address growing demand for its technology-enabled solutions purpose-built to manage complex regulatory and risk issues at scale. Exiger, the GRC firm transforming the global fight against financial crime and fraud, has opened its eleventh office in Sydney, Australia to address growing demand for its technology-enabled solutions purpose-built to manage complex regulatory and risk issues at scale. "Exiger has served many Australia-based companies since its beginning in 2013. With the increasing complexity of global regulatory demands, we look forward to having an in-country presence to better understand the needs of the Australian market, partner more closely and deploy the best resources Exiger has to offer," said Dan Banes, Managing Director and Asia-Pacific Regional Chair. At a time when the global economy is experiencing unprecedented uncertainty, many compliance teams are feeling the effects of reduced budgets and headcount while the criticality of their function is increasing at a rapid pace. From tech-enabled risk intelligence to managed services, Exiger is revolutionizing the way companies are managing risk. Mike Cherkasky, Exiger's Chairman said, "Exiger is fortunate to be expanding our footprint in this environment. We are thrilled to open our next office in Australia where many of our valued clients are based. Globally, companies are experiencing a level of consultant fatigue. We recognize the need to provide solutions that will introduce a more sustainable and cost-effective way forward . . . in other words, we are focused on leaving our clients' operations in better shape than we find them." Exiger will be hosting a virtual launch event to discuss best practices for building compliance resiliency and unveil new features of its award-winning technology. To learn more, sign up here. About ExigerExiger is the global authority on financial crime and fraud revolutionizing the way banks, corporations and governments manage risk through its combination of practical expertise, award-winning technology and process excellence. In recognition of the growing volume and complexity of data and regulation, Exiger is committed to creating a more sustainable compliance environment through its holistic and innovative approach to problem solving. Powered by DDIQ and Insight 3PM, Exiger takes an analytics-led, technology-enabled approach to everything we do. Exiger operates out of 11 offices with more than 500 employees around the world. CONTACTS AustraliaJoseph Quiazon+852 2976 1932jquiazon@exiger.com United StatesAnna Osborn +1 212 382 8026 aosborn@exiger.com Mike Cherkasky, Exiger’s Chairman “Exiger is fortunate to be expanding our footprint in this environment. We are thrilled to open our next office in Australia where many of our valued clients are based. Globally, companies are experiencing a level of consultant fatigue. We recognize the need to provide solutions that will introduce a more sustainable and cost-effective way forward . . . in other words, we are focused on leaving our clients’ operations in better shape than we find them.” Photo - https://mma.prnasia.com/media2/1275847/banner_australia_press_release.jpg?p=medium600 Photo - https://mma.prnasia.com/media2/1275848/cherkasky_michael_2015.jpg?p=medium600 Logo - https://mma.prnasia.com/media2/378374/Exiger_Logo.jpg?p=medium600 Related Links :http://www.exiger.com
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Hong Kong Blockchain Week 2020 Goes Virtual to Feature International Leaders of Finance and Tech
With support from the Hong Kong community, industry leaders from across the world will converge at the largest virtual event for business, regulators, and technology.HONG KONG, Sept. 17, 2020 /PRNewswire/ -- The 2nd Annual Hong Kong Blockchain Week 2020 hosted by The NexChange Group will be held between the 17th and 19th of November 2020. The core event of the week is the Block O2O Virtual Global Summit which is set for November 18th. The conference is set to be an ideal platform to look back at what 2020 has brought to the industry development, and to carry out prolific discussions about the range of applications blockchain technology can offer across different industries. Hong Kong and the Greater Bay Area have become a testing ground for a Digital Currency / Electronic Payment project by the People's Bank of China, and the conference speakers will dive into detail on this unprecedented initiative. NexChange is delighted to present Hong Kong Blockchain Week taking place on 17-19 Nov 2020. The premier blockchain industry event. The anchor event for the Week – Block O2O Virtual Global Summit will be hosted online on 18 Nov. This premier blockchain industry online event brings together governments, industry leaders, academics and innovators, and aid collaboration on both regional and international level. The Blockchain Week will showcase a vibrant range of events, including an official Virtual Welcome Event on November 17th for VIPs and Speakers; a DeFi Day on November 19th presenting a series of online meetings and webinars about blockchain for Decentralized Finance; and a spectacular online ceremony of the world's first international TADS Awards 2020 on November 18th. Samson Lee, founder and CEO, Coinstreet Partners: "TADS AWARDS celebrates the Tokenized Assets and Digital Securities industries by recognizing and honouring significant contributions and distinguished achievements worldwide. TADS aims to nurture the growth of these industries by establishing best practices and setting measuring standards." During Hong Kong Blockchain Week attendees will delve into the various content aspects: CBDCs: Use Cases around the World DeFi Asset Tokenization Mining Industry in 2020 Digital Economy Regulation in Asia, the US and Europe Solutions for enterprise Social impact of blockchain-based projects Speakers featured on the event agenda throughout the week: David Chung, Under Secretary for Innovation and Technology, Hong KongBrian Behlendorf, Executive Director, Hyperledger and Linux FoundationHenri Arslanian, FinTech and Crypto Leader for Asia, PwCAlex Mashinsky, Founder and CEO, Celsius NetworkAlicia García-Herrero, Chief Economist for APAC, Natixis Miko Matsumura, General Partner, Gumi Ventures David Johnston, Managing Partner, Yeoman's CapitalMai Fujimoto, Miss Bitcoin & CEO, Kizuna CoDr Ben Goertzel, Founder and CEO, SingularityNET Juwan Lee, Chairman of NexChange: "Hong Kong Blockchain Week bridges many industries that are being transformed by blockchain technology and the opportunities it has brought. We expect to bring together those who decide the future of these industries today: investors, governments, media, and entrepreneurs from around the world." About NexChange: NexChange Group is a venture innovation and media platform specializing in Blockchain, FinTech, HealthTech, AI, and Smart Cities. For more information on the speakers, agenda, side events and partnerships, please visit https://www.hkblockchainweek.net/ or contact: info@nexchange.com "PR Newswire is the 'Official Press Release Distribution Partner" of Block O2O Virtual Global Summit 2020 and Official Hong Kong Blockchain Week 2020" Photo - https://photos.prnasia.com/prnh/20200916/2919174-1?lang=0
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WeLab Bank Teams Up with Solace to Achieve Digital Banking Ambitions
HONG KONG, Sept. 17, 2020 /PRNewswire/ -- Homegrown virtual bank WeLab Bank has selected Solace as a core component of its technology architecture to establish multi-cloud vendor communication. Using Solace PubSub+, WeLab Bank will run its entire infrastructure on multiple clouds to ensure customer information is well protected and secured. Through the partnership with Solace, WeLab Bank can also continue to deliver innovative and game-changing financial service products to all customers. Solace's technology helps WeLab Bank connect its key backend systems, including Temenos Cloud Core Banking and Fast Payment, to enable event-driven microservices critical for real-time data flow. This allows WeLab Bank to respond to critical business events in an agile and efficient manner, providing customers with a seamless virtual banking experience. In addition, having the entire virtual bank infrastructure in the cloud with a solid foundation that supports high scalability allows it to bring next-generation digital services to customers 24/7. "Solace provides us with the scalability necessary to support our vision to become a leading virtual bank in the region. Through a microservices architecture, WeLab Bank can create and deploy innovative products such as GoSave and WeLab Debit Card, one of Asia's first numberless debit cards. Solace's secure and scalable messaging backbone has been invaluable in helping WeLab Bank shorten the time-to-market for our current and future digital bank offerings," said Kenneth Chau, Chief Technology Officer at WeLab Bank. "Solace is proud to be a part of Hong Kong's digital banking revolution by working with WeLab Bank to bring a next-generation banking experience to fruition," said Sumeet Puri, Chief Technology Solutions Officer, Solace. "Financial institutions that wish to differentiate themselves and thrive in the rapidly evolving financial services sector must seek new ways to leverage real-time data and provide innovative offerings, or they risk being left behind." About WeLab Bank WeLab Bank Limited ("WeLab Bank" or the "Bank"), is a homegrown virtual bank licensed by the Hong Kong Monetary Authority ("HKMA"). Founded by a team of financial and technology experts, WeLab Bank's mission is to understand customers' needs and design a personalized, full-service banking experience that helps them manage and grow their money.WeLab Bank represents a 100% digital banking experience that is simple, intuitive and built around our customers. WeLab Bank focuses on the powerful mobile app and the numberless Debit Card, both designed with obsession with customers' experience and data security.WeLab Bank is a wholly owned subsidiary of WeLab Holdings Limited ("WeLab"), a leading fintech company in Asia. To learn more, please visit: www.welab.bank or follow us on Instagram: welab.bank About SolaceSolace helps large enterprises become modern and real-time by giving them everything they need to make their business operations and customer interactions event-driven. With PubSub+, the market's first and only event management platform, the company provides a comprehensive way to create, document, discover and stream events from where they are produced to where they need to be consumed – securely, reliably, quickly, and guaranteed. Behind Solace technology is the world's leading group of data movement experts, with nearly 20 years of experience helping global enterprises solve some of the most demanding challenges in a variety of industries – from capital markets, retail, and gaming to space, aviation, and automotive. Established enterprises such as SAP, Barclays and the Royal Bank of Canada, multinational automobile manufacturers such as Renault and Groupe PSA, and industry disruptors such as Jio use Solace's event broker technologies to modernize legacy applications, deploy modern microservices, and build an event mesh to support their hybrid cloud, multi-cloud and IoT architectures. Learn more at solace.com. Media ContactsRICE for Solace solace@ricecomms.com +65 3157 5685 Logo - https://mma.prnasia.com/media2/1142738/Solace_Logo.jpg?p=medium600 Related Links :https://solace.com/
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Infinitus Invites Everyone to Participate in the Yearly 9-19 Infinitus Global Walking Day
GUANGZHOU, China, Sept. 17, 2020 /PRNewswire/ -- Infinitus and the China Association of Chinese Medicine are once again, jointly organizing the yearly autumn event: 9-19 Infinitus Global Walking Day in this September. Health has become a hot topic that cannot be avoided in 2020. The pandemic has taught us a hard lesson: Health is crucial. People can accumulate their wealth or find a new job any time, but they only live once. Immunity is crucial, because immunity is the most powerful guardian of everyone's health. It is the best defense against viruses. How can people effectively strengthen their immunity? Experts have suggested the best way of doing so is to develop a persistently healthy lifestyle. Follow Infinitus' "Four Habits" to meet health criteria in the aspects of diet, rest, exercise and emotion. Among all fitness exercises that can be easily accessed in everyday life, walking is without a doubt, the most affordable and easiest sport that is suitable for various age groups. In light of this, below are the event highlights of this year. 9-19 Poster Global Participation Different from previous years, the event scope of the Walking Day has expanded this year. The event will be broadcasted online globally, inviting everyone who loves to walk in Mainland China, Hong Kong (China), Taiwan (China), Malaysia, Canada, Thailand, the Philippines, Kazakhstan and Korea to participate together. Joint Philanthropy The focus of this year's event will continue to be public welfare. The China Youth Development Foundation is the charity partner in this event. Any participant who reaches the 10,000-step target at the event on 19 September will contribute to the programme they developed: Infinitus Happy Football Programme. Based on the total number of steps, Infinitus and its partner, 10,000-Step Walking Club, will jointly donate goods to support the development of football programmes for teenagers in impoverished rural areas in China. Every step is meaningful. You are not only doing exercise but also contributing and making a difference to the charity. Contact us and "Like" Infinitus Facebook Fan Pages for more details. Infinitus Global: @InfinitusGlobalInfinitus Hong Kong: @InfinitusHongKongInfinitus Taiwan: @Infinitus.TaiwanInfinitus Malaysia: @InfinitusIntlInfinitus Singapore: @infinitussingaporeInfinitus Thailand: @InfinitusThailandInfinitus Philippines: @infinitusphilippinesInfinitus Canada: @InfinitusInnovationsCanadaInfinitus Kazakhstan's Hotline: 77273122347Infinitus Korea's Hotline: 00798142030198Infinitus Australia's Hotline: (61)180083082 Photo - https://photos.prnasia.com/prnh/20200916/2919120-1?lang=0
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KittySpring moves to Indiegogo after raising over $780K
WILMINGTON, Delaware, Sept. 17, 2020 /PRNewswire/ -- With its brilliant debut on Kickstarter on July 14, KittySpring, the most cat-friendly fountain in the market featuring a gravity system and elegant design raised over 780K on Kickstarter with the help of almost 13,000 backers. KittySpring has now moved to Indiegogo to give even more cat parents a chance to get this cat-friendly fountain for their fluffies. "The tremendous support from cat parents gives us superpowers to design a fountain that will meet the drinking standards of even the pickiest cats," said Rayman Wu, Founder and CEO of Desimore Inc. KittySpring is a long-term investment in your cat's health. It ensures the fluffy's 2-day water supply, serving it from a large and shallow dish to deliver an enjoyable and whisker-safe drinking experience. "One of the great things about KittySpring is that the reservoir is large, so you can go out to work safe in the knowledge that your cat will have plenty of water, even if medical problems mean they're drinking far more than normal!" says Dr Joanna Woodnutt, BVM ,BVS, BVMedSci, relief veterinarian and owner of the Veterinary Content Company. Made from FDA and RoHS certified materials, KittySpring is also absolutely safe for your cat. Moreover, with stable support and a non-slip pad, the naughty paws will have a hard time flipping it over. All these features along with the unique design have attracted the attention of top tier media such as New Atlas, GeekyGadgets, TrendHunter, Yanko Design and others. Recently, considering the backers' requests for the glass dish, the company introduced the Glass Version of the fountain in addition to its original BPA-free Regular Version. All this wouldn't be possible without a community of loyal backers who believed in the product and a dedicated team. Page Link: https://tcf.one/KittySpring_pagePress Kit Link: https://bit.ly/presskit_kittyspring About Desimore Inc. The Desimore Inc. team is composed of professionals who are also pet lovers and enthusiasts. With KittySpring, the team hopes to give cat parents the much-sought solution to their cats' hydration issues and save thousands of cats from potential diseases resulting from dehydration. Media ContactSerine Melikian, Media Relationsmedia@kittyspring.com Photo - https://mma.prnasia.com/media2/1275315/kittyspring.jpg?p=medium600 Related Links :https://kittyspring.com
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Yeahka to host LINK 2020 Smart Business Ecosystem Summit, More than 100 CEOs will attend the annual SaaS event to discuss intelligent business solutio
Many years after the concept of digitalization was coined, small stores in local communities across the country remain some of the slowest movers when it comes to digital transformation, even though they are often the lifeblood of the economy. The post-pandemic world will need to figure out how to restore the resilience of these vital businesses and boost stable and sustainable economic growth. In this process, digitalization and smart operations may be the solution to these issues.SHENZHEN, China, Sept. 16, 2020 /PRNewswire/ -- On September 20, 2020, YEAHKA LIMITED ("Yeahka", Stock Code: 09923.HK) will host the LINK 2020 Smart Business Ecosystem Summit (the "Summit") in Shenzhen. More than 100 C-suite executives from leading SaaS service providers will attend this annual event and jointly search for the key to a new world of digitalization. Prominent speakers from SaaS businesses, research institutes, investors and regulators to share insights on the "small-store economy" During the first half of 2020 when the entire society was paralyzed by the COVID-19 pandemic, small and micro merchants found themselves among the most vulnerable, with outdated facilities and stale marketing methods. They began to see the need for digital transformation and to gradually upgrade from traffic-centric business models to full-life cycle smart operations. According to statistics ⑴, there are more than 100 million small stores across China, including restaurants, mom and pop shops and convenience stores. Most have been stagnant in their development due to a lack of digital awareness and capabilities. These small and micro merchants come from various sectors, with different business models and digital needs. Yeahka's event will seek to find answers to this thorny issues and explore effective digital solutions that help them unleash synergies and build life cycle resilience. The event will feature a number of prominent speakers, including SaaS leaders, researchers, investors and regulators. In particular, Yang Tao, Professor and Deputy Director-General at the National Institution for Finance & Development will deliver a keynote speech on economic and financial changes in the digital age and share his insights on macro finance policy and practice, financial markets, fintech, payments and settlement. Wu Sitao, Director of Corporate Finance and Capital Markets at CLSA, will address how to leverage the capital markets to surpass competitors in challenging times. He has more than 12 years of experience in corporate finance and capital markets, and has led more than 20 capital market financing projects for companies. Tan Beiping, Vice President of Mininglamp Technology Group, will also deliver a speech to demystify how to tap shifting consumer trends and digital marketing to boost business growth. Mininglamp Technology is popular among investors, having raised RMB2 billion and USD300 million in its D round and E round funding in March 2019 and March 2020, respectively. In addition, Yeahka will release its "Small Business Big Dreams: 2020 Report on Small-Store Economy Dynamics", a report compiled in collaboration with iResearch that analyzes emerging trends in the small-store economy in China following the COVID-19 pandemic. The Summit will also invite senior executives from Joy Spreader Interactive Technology, RUIPOS, SmartMore Technology and Juewei Food to discuss emerging business trends and share their latest insights and cases for smart business enabled by digital transformation, covering industry policies, business strategies and technologies. There will also be a roundtable themed "How traffic, solutions, data and digital business services interact across the life cycle of business operations". More than one hundred CEOs to discuss intelligent business solutions in China It is worth noting that Zhu Zinan, Chairman and CEO of Joy Spreader Interactive Technology, will also attend and present at the Summit. Joy Spreader Interactive Technology (Stock Code: 06988.HK) recently announced its plan to list on the Main Board of the Hong Kong Stock Exchange by issuing approximately 544 million shares, of which 10% will be publicly offered. As a cornerstone investor in the deal, Yeahka (09923.HK) will invest US$2 million in Joy Spreader Interactive Technology, becoming an important part of Yeahak's investment portfolio. Joy Spreader Interactive Technology is just one of Yeahka's portfolio companies. To shortlist more high-quality portfolio companies, Yeahka will host at the Summit a "LINK Night: Emerging CEO Salon", where CEOs of SaaS service providers from different industries will share their insights on the industry. Luke Liu, Founder and Chairman of the Board at Yeahka will attend the Summit. RYK Capital Partners is an investment platform jointly established by Yeahka and its shareholder Recruit Holdings Co., Ltd., a renowned Japanese internet company. Soon after the establishment of the investment platform, Yeahka, through RYK Capital Partners, increased its capital in Fushi Technology (Shenzhen) Co., Ltd.'s payment and service platform "Haoshengyi", and made an exclusive and strategic investment in Shenzhen Zhibaiwei Technology Development Co., Ltd., a SaaS software developer that specializes in the retail and catering sector in China. As a vehicle for the development and enhancement of Yeahka's investment portfolio, "LINK Night: Emerging CEO Salon" will continue to attract new and outstanding companies to join. As the organizer of the LINK 2020 Smart Business Ecosystem Summit, Yeahka (Stock Code: 09923.HK) will continue to host industry events such as this going forward. ⑴ 2019 China Third-Party Merchant Payment Market Research Report, iiMediaResearch
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Color Star Technology Announces Pricing of $6.6 million Registered Direct Offering
NEW YORK, Sept. 16, 2020 /PRNewswire/ -- Color Star Technology Co., Ltd. (Nasdaq CM: HHT) (the "Company", "we" or "HHT"), a company engaged in the businesses of providing education services, announced today that it has entered into a securities purchase agreement on September 15, 2020 with certain accredited investors to purchase $6.6 million worth of its ordinary shares in a registered direct offering and warrants to purchase ordinary shares in a concurrent private placement. Under the terms of the securities purchase agreement, the Company has agreed to sell 13.2 million ordinary shares. In a concurrent private placement, the Company has agreed to issue unregistered warrants to purchase up to 11.88 million ordinary shares. The warrants will be exercisable immediately upon the date of issuance and have an exercise price of $0.55. The warrants will expire five years and six months from the date of issuance. The purchase price for one ordinary share and a corresponding warrant will be $0.50. The gross proceeds to the Company from the registered direct offering and concurrent private placement are estimated to be $6.6 million before deducting the placement agent's fees and other estimated offering expenses. The registered direct offering and concurrent private placement are expected to close on or about September 17, 2020, subject to the satisfaction of customary closing conditions. Maxim Group LLC ("Maxim") is acting as sole placement agent in connection with this offering. The securities described above are being offered by the Company pursuant to a shelf registration statement on Form F-3 filed with the Securities and Exchange Commission (the "SEC") dated February 25, 2020, as amended on March 4, 2020 and declared effective on March 10, 2020. A prospectus supplement related to the offering will be filed with the SEC and available on the SEC's website at http://www.sec.gov. Copies of the prospectus supplement relating to the offering may be obtained, when available, by contacting: Maxim Group LLC, 405 Lexington Avenue, 2nd Floor, New York, NY 10174, by telephone: at (212) 895-3500. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of such state or jurisdiction. About Color Star Technology Co., Ltd. Color Star Technology Co, Ltd. (Nasdaq CM: HHT) offers online and offline knowledge-paid services for music and entertainment industries globally. Its official website is www.colorstarinternational.com. The Company routinely posts important information on its website. Its business operations are conducted through its wholly-owned subsidiaries Color China Entertainment Ltd. and CACM Group NY, Inc. The Company's online education is provided through its Color World music and entertainment education platform. The Company also offers after-school entertainment tutoring in New York via its joint venture entity Baytao LLC. Forward-Looking Statements Certain statements made herein are "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as "anticipate", "believe", "expect", "estimate", "plan", "outlook", and "project" and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Such forward-looking statements include timing of the proposed transaction; the business plans, objectives, expectations and intentions of the parties once the transaction is complete, and HHT's estimated and future results of operations, business strategies, competitive position, industry environment and potential growth opportunities. These forward-looking statements reflect the current analysis of existing information and are subject to various risks and uncertainties. As a result, caution must be exercised in relying on forward-looking statements. Due to known and unknown risks, our actual results may differ materially from our expectations or projections. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements. The following factors, among others, could cause actual results to differ materially from those described in these forward-looking statements: there is uncertainty about the spread of the COVID-19 virus and the impact it will have on HHT's operations, the demand for the HHT's products and services, global supply chains and economic activity in general. These and other risks and uncertainties are detailed in the other public filings with the SEC by HHT. Additional information concerning these and other factors that may impact our expectations and projections will be found in our periodic filings with the SEC, including our Annual Report on Form 20-F for the fiscal year ended June 30, 2019. HHT's SEC filings are available publicly on the SEC's website at www.sec.gov. HHT disclaims any obligation to update the forward-looking statements, whether as a result of new information, future events or otherwise. Color Star Technology Co., Ltd. Contact: Investor Relations FinancialBuzzIR™ info@FinancialBuzzIR.com Tele: +1-877-601-1879 Related Links :http://www.colorstarinternational.com
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easyMarkets Signs a Three Year Sponsorship Deal with Real Madrid
LIMASSOL, Cyprus, Sept. 16, 2020 /PRNewswire/ -- easyMarkets is excited to announce its future partnership with one of the most recognizable teams in the world and 2020 La Liga Champion: Real Madrid. The company has announced that it will be the Club's Official Online Trading Partner for the next three years, starting from the beginning of the 2020/21 season. This has the potential to add incredible value to the easyMarkets branding efforts and bring an unprecedented level of recognition to the well-established financial service provider. easyMarkets Signs a Three Year Sponsorship Deal with Real Madrid Mr. Ohad Golan, Chief Marketing Officer, commented on the sponsorship, "easyMarkets was looking to partner with a team that has instant recognizability, a rich history and a loyal, dedicated fan base. "We sought to sign with an organization that has global appeal, with millions of eyes on it each match – and Real Madrid was the obvious choice. "We look forward to leveraging Real Madrid's immense popularity and global appeal strategically as we move forward." Emilio Butragueño, Institutional Relations Director at Real Madrid, commented, "Both, Real Madrid and easyMarkets, are leaders in their sector and share common values. We are looking forward to start working with them as Official Online Trading Partner beginning with the 20/21 season." About easyMarkets easyMarkets is an award-winning global broker with full market access, innovative trading platforms, a commitment to easy trading and price transparency. easyMarkets was founded on the idea of democratizing trading. Our purpose was to give market access to anyone that wanted it. We ended up fundamentally changing the online trading industry – which only offered Forex at the time. In 2001 we accepted initial deposits from $25, that could be funded online via credit card – instead of lengthy bank transfer. Our customers responded with loyalty and helped us grow. Over the years we expanded our CFD offerings to include global indices, energy, metals, and more. In 2016 we rebranded from easy-forex to easyMarkets. We managed to democratize trading, make it accessible, and easier – but there is always more we can offer our customers. We were the first to offer a true online trading platform that you could not lose more than what you invested. We continued innovating - offering valuable trading tools and conditions such as free guaranteed stop loss, insideViewer, Freeze Rate – and our most innovative tool yet: dealCancellation which allows traders to undo losing trades within an hour for a small fee. Logo - https://mma.prnasia.com/media2/1274917/easyMarkets_Logo.jpg?p=medium600 Photo - https://mma.prnasia.com/media2/1274915/easymarkets_realmadrid.jpg?p=medium600
