Banking/Financial Service

Bangkok Bank to strengthen regional position through acquisition of Permata in Indonesia from Standard Chartered Bank and Astra International

BANGKOK, Dec. 12, 2019 /PRNewswire/ -- Bangkok Bank Public Company Limited ("Bangkok Bank" or the "Bank") announced today that the Bank has entered into a conditional share purchase agreement with Standard Chartered Bank ("Standard Chartered") and PT Astra International Tbk ("Astra") to acquire t...

2019-12-12 21:41 174

Weidai Ltd. Works on Applying for Online Microcredit Company License

HANGZHOU, China, Dec. 12, 2019 /PRNewswire/ -- Weidai Ltd. ("Weidai" or the "Company") (NYSE: WEI), a leading auto-backed financing solution provider in China, today announced that it is working on applying for an online microcredit company license inChina, in an effort to further diversify its bu...

2019-12-12 19:00 379

China Renaissance and Aozora Bank Sign Long-Term Strategic Cooperation Agreement

BEIJING, Dec. 12, 2019 /PRNewswire/ -- China Renaissance Holdings Limited Group  ("China Renaissance" or the "Group", stock code: 1911. HK) today announced that the Company and Aozora Bank Ltd. ("Aozora Bank"; TSE: 8304) have entered into a Strategic Cooperation Framework Agreement. Mr.Bao Fan, Ch...

2019-12-12 18:41 377

The Hong Kong Institute of Chartered Secretaries elects new President and Council for 2020

HONG KONG, Dec. 12, 2019 /PRNewswire/ -- The Hong Kong Institute of Chartered Secretaries held its Annual General Meeting (AGM) on Wednesday11 December 2019. At the Council meeting following the AGM, the Honorary Officers for 2020 were elected (see list below) with Ms Gillian E Meller FCIS FCS b...

2019-12-12 18:32 232

Progressive Approach in Embracing the Digital Finance Key to Labuan IBFC's Growth in Financial Innovation

KUALA LUMPUR, Malaysia, Dec. 12, 2019 /PRNewswire/ -- "Labuan International Business and Financial Centre's (Labuan IBFC's)'digital family' continues to grow in recognition of the progressive approach the centre has taken in embracing the digital revolution by being as facilitative as possible to...

2019-12-12 18:25 246

OneConnect wins prestigious award at the 2019 Kotler Future Marketing Summit for its outstanding global marketing efforts

SINGAPORE and BEIJING, Dec. 11, 2019 /PRNewswire/ -- OneConnect Financial Technology Co., Ltd (OneConnect), an associate company of Ping An Group, won the "Kotler New Marketing Year Successful Overseas Marketing Award" at the prestigious "2019 Kotler Future Marketing Summit" held inBeijing on 12 ...

2019-12-12 16:40 225

Tencent's insurance platform WeSure celebrates its 2nd anniversary; 55 million users within WeChat ecosystem

SHENZHEN, China, Dec. 12, 2019 /PRNewswire/ -- WeSure, Tencent's insurance platform celebrated its second anniversary with an event themed Tech for Social Good, Insurance for Everyone inBeijing on November 28. WeSure released its operational results for the last two years. WeSure now boasts a use...

2019-12-12 16:27 207

WeLab raises US$156M in Series C strategic financing, completing the largest fintech fundraising in Greater China in 2019

HONG KONG, Dec. 12, 2019 /PRNewswire/ -- WeLab, a leading fintech company in Asia, today announces that is has raised US$156 million (equivalent to over HK$1.2 billion) of Series C strategic financing, completing the largest fintech fundraising inGreater China, year to date. This round drew the b...

2019-12-12 15:24 303

UnionPay International Partners uab bank to Enable UnionPay Contactless Payment Acceptance in Myanmar

YANGON, Myanmar, Dec. 12, 2019 /PRNewswire/ -- Global payment network UnionPay has partnered with uab bank to enable acceptance of UnionPay Contactless payment at a variety of retail, food & beverage, telecommunication, homeware and other merchants inMyanmar. Beginning with enabling UnionPay Cont...

2019-12-12 13:28 262

Nexus International School (Singapore) announces issuance of SGD150M of S&P AA-rated bonds

SINGAPORE, Dec. 12, 2019 /PRNewswire/ -- Nexus International School (Singapore) is pleased to announce the issuance ofSGD 150 million of twelve-year amortizing bonds which have been rated AA by S&P Global Ratings (S&P). The bonds are guaranteed by Credit Guarantee and Investment Facility (CGIF), ...

2019-12-12 13:04 267

Forrester Continues To Expand Its Certification Portfolio; Introduces New SiriusDecisions B2B Marketing Certification Program

SINGAPORE, Dec. 12, 2019 /PRNewswire/ -- Forrester announced the launch of its new SiriusDecisions B2B Marketing Certification

2019-12-12 11:13 237

Assured Asset Management Launches Supply Chain Finance Solution with Shui On Group

HONG KONG, Dec. 12, 2019 /PRNewswire/ -- Assured Asset Management ("Assured"), a Hong Kong-based technology-driven asset manager, has launched its Traceable Accounts Payable ("TAP") platform with the Shui On Group. TAP is a blockchain-based digital payment system backed by approved supplier accoun...

2019-12-12 10:15 333

KPMG announces strong FY19 global revenue growth

Global revenues increase by 6.2% to reach record of US$29.75bn as multi-year collective strategy implementation continues at pace.   LONDON, Dec. 12, 2019 /PRNewswire/ -- KPMG today announced record revenues of $29.75 billion for the fiscal year ending 30 September 2019 (FY19), representing a ...

2019-12-12 08:52 339

Tenth Record-Breaking Year in a Row for ZEISS

STUTTGART, Germany, Dec. 11, 2019 /PRNewswire/ -- The ZEISS Group continued its growth trajectory, with revenue and earnings reaching new heights in fiscal year 2018/19, which ended30 September 2019. Revenue grew by 11 percent, reaching 6.428 billion euros (previous year: 5.817 billion euros). Adj...

2019-12-11 20:59 368

INSEAD to Open First Permanent Facility in North America

SAN FRANCISCO, Dec. 11, 2019 /PRNewswire/ -- INSEAD, one of the world's leading and largest graduate business schools, today announced the establishment of the INSEAD San Francisco Hub for Business Innovation . Opening in February 2020, the location in downtow...

2019-12-11 20:18 314

Acorn International Reports Financial Results for the Third Quarter of 2019, Declares Quarterly Dividend

SHANGHAI, Dec. 11, 2019 /PRNewswire/ -- Acorn International, Inc. (NYSE: ATV) ("Acorn" or the "Company"), a leading marketing and branding company inChina, today announced its preliminary unaudited financial results for the quarter and nine months endedSeptember 30, 2019. Third Quarter 2019 Fina...

2019-12-11 19:30 1218

Cango Inc. Named in EqualOcean's Rankings for Top 20 Most Innovative Automotive Fintech and Service Providers Worldwide in 2019

BEIJING, Dec. 11, 2019 /PRNewswire/ -- Cango, Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform inChina, has been named to the list for the Top 20 Most Innovative Automotive Fintech and Service Providers Worldwide in 2019. Conducted by EqualOcean and ...

2019-12-11 19:00 1217

AXA Hong Kong announces the latest AXA Wellness Index

* AXA Wellness Index is rated at 59 points out of 100. * Social and financial wellbeing are the dimensions showing least satisfaction at 50 points and 54 points respectively. * Among 34 attributes contributing to overall wellbeing, social stability scored the lowest (30 points). * For ment...

2019-12-11 18:02 303

Renren Announces Plan to Implement ADS Ratio Change

BEIJING, Dec. 11, 2019 /PRNewswire/ -- Renren Inc. (NYSE: RENN) ("Renren" or the "Company"), which operates a leading premium used auto business inChina through its subsidiary Kaixin Auto Holdings (NASDAQ: KXIN) as well as several U.S.-based SaaS businesses, today announced that it plans to chang...

2019-12-11 18:00 1174

Hong Kong tops global IPO market in 2019 spurred by mega-sized deals, according to KPMG China

HONG KONG, Dec. 11, 2019 /PRNewswire/ -- The Hong Kong bourse once again ranked first globally in terms of IPO proceeds, at a time of global uncertainties, cementing its position as the world's leading IPO hub, according to KPMG's IPO markets 2019 review report. By the end of 2019, Hong Kong wil...

2019-12-11 17:51 350
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