Banking/Financial Service

Velotrade completes first cross border trade financing transaction into Mainland China with QEX

Transaction opens the door for institutional investors to enter Chinese trade financing market HONG KONG, May 21, 2019 /PRNewswire/ -- Velotrade, the account receivables financing platform, announces that it is actively executing cross border trade receivables transactions involving mainland Chi...

2019-05-21 09:00 2123

Asia Management Fund hits a milestone with 100 consecutive months of trading without losses

SINGAPORE, May 21, 2019 /PRNewswire/ -- Asia Management Fund Pte Ltd (AMF), a Singaporean trading firm utilising a self-developed trading approach, is celebrating 100 consecutive months of trading without losses. At the same time, the company also posted its highest trading profits since inceptio...

2019-05-21 08:15 2610

Itiviti expands SSEOMS migration capacity with appointment of Frederic Villain as Head of Agency Trading Sales Asia

SINGAPORE, May 21, 2019 /PRNewswire/ -- Itiviti, a world-leading technology and service provider for the capital markets industry, today announced the appointment of Frederic Villain as Head of Agency Trading Sales Asia. Based in theSingapore office, he will manage regional client relations, ...

2019-05-21 08:00 1699

WuXi Biologics Signed Letter of Intent for Long-Term Vaccine Manufacturing Contract

SHANGHAI, May 21, 2019 /PRNewswire/ -- WuXi Biologics ("WuXi Bio") (2269.HK), a leading global open-access biologics technology platform company offering end-to-end solutions for biologics discovery, development and manufacturing, today announced that it has entered into a strategic partnership L...

2019-05-21 07:30 3509

X Financial Reports First Quarter 2019 Unaudited Financial Results

SHENZHEN, China, May 20, 2019 /PRNewswire/ -- X Financial (NYSE: XYF) (the "Company" or "we"), a leading technology-driven personal finance company inChina , today announced its unaudited financial results for the first quarter ended March 31, 2019. First Quarter 2019 Financial Highlights * Net...

2019-05-21 05:30 9350

Sun Seven Stars adds Silicon Valley Mogul Steven Hoffman, bolsters opportunities for Ideanomics

- Founders Space CEO Hoffman joins Bruno Wu's Seven Stars Innovative Industries Group (SSIIG) as Strategic Advisor - Hoffman will provide expertise and oversight, to assist SSIIG companies to access global capital markets - Expands the number of opportunities for Ideanomics advisory services di...

2019-05-21 01:28 2691

Deciphex Applauded by Frost & Sullivan for its Machine Learning-powered Patholytix Preclinical Digital Pathology Platform

The Patholytix preclinical solution aids improved process efficiency in preclinical toxicology by adopting a unique pattern recognition approach LONDON, May 20, 2019 /PRNewswire/ -- Based on its recent analysis of the Global preclinical toxicology digital pathology market, Frost & Sullivan recog...

2019-05-20 21:00 1956

Asia300 Forum Gathers Asian Business and Political Leaders in SW China

CHONGQING, China, May 20, 2019 /PRNewswire/ -- As reported by iChongqing, Asia300 Global Business Forum Chongqing Summit, kicked off inSouthwest China's Chongqing Municipality on May 16,2019, as part of the 2nd Western China International Fair for Investment and Trade. The Chongqing Summit gathe...

2019-05-20 19:08 1849

Leju to Report First Quarter 2019 Financial Results on May 28, 2019

BEIJING, May 20, 2019 /PRNewswire/ -- Leju Holdings Limited ("Leju" or the "Company") (NYSE: LEJU), a leading online-to-offline ("O2O") real estate services provider inChina, today announced that it will report its unaudited financial results for the first quarter endedMarch 31, 2019 before the U...

2019-05-20 18:49 9290

HKUST and WeBank Launch First HK-Guangdong Joint Laboratory in Banking

HONG KONG, May 20, 2019 /PRNewswire/ -- On May 20, Hong Kong University of Science and Technology (HKUST) and WeBank Co. Ltd (WeBank) announced they are establishing the HKUST-WeBank Joint Laboratory to explore cutting-edge technologies and nurture talent. This collaboration also serves as a high...

2019-05-20 18:47 5873

Tradewind Provided Export Factoring for a Fashion Houseware Trading Company Based in Shanghai

SHANGHAI, May 20, 2019 /PRNewswire/ -- A fashion houseware trading company in Shanghai recently kicks off the cooperation with Tradewind for the export factoring arrangement. The company is focused on the design and export of kitchen utensils and home accessories. The products are sold tothe Unit...

2019-05-20 18:45 3165

Tradewind Provided Export Factoring for a Fashion Houseware Trading Company Based in Shanghai

SHANGHAI, May 20, 2019 /PRNewswire/ -- A fashion houseware trading company in Shanghai recently kicks off the cooperation with Tradewind for the export factoring arrangement. The company is focused on the design and export of kitchen utensils and home accessories. The products are sold tothe Unit...

2019-05-20 18:42 2029

EML Payments Acquires Flex-e-Card Limited to Become the Largest Provider of Shopping Mall Gift Card Programs Globally

BRISBANE, Australia, May 20, 2019 /PRNewswire/ -- EML PAYMENTS LIMITED (ASX: EML) ("EML") is pleased to announce the acquisition of Flex-e-Card Limited ('FEC'). EML Payments Europe Limited has agreed to acquire 100% of Flex-e-Card Limited ('FEC') which trades as flex-e-card and flex-e-vouchers. ...

2019-05-20 18:37 2319

CMAB Biopharma Announces Dr. Wang Yongzhong as CEO to Strengthen Leadership and Continue Business Expansion

SUZHOU, China and NEW YORK, May 20, 2019 /PRNewswire/ -- CMAB Biopharma Limited. (CMAB), a strict "pure-play" contract development and manufacturing organization (CDMO) focusing solely on services from sequence to commercial manufacturing for biologic products, has today announced the appointment...

2019-05-20 18:30 3761

Three HKTDC initiatives boost local start-up ecosystem

HONG KONG, May 20, 2019 /PRNewswire/ -- The Hong Kong Trade Development Council (HKTDC) ran three initiatives in May as part of its annual event, "International Start-up Week", with the aim of cultivating a vibrant start-up ecosystem inHong Kong. The HKTDC initiatives included the launch of the H...

2019-05-20 18:22 2177

Yintech to Report First Quarter 2019 Unaudited Financial Results on May 31, 2019

SHANGHAI, May 20, 2019 /PRNewswire/ -- Yintech Investment Holdings Limited (NASDAQ: YIN) ("Yintech" or the "Company"), a leading provider of investment and trading services for individual customers inChina, today announced that it will report its unaudited financial results for the first quarter ...

2019-05-20 18:00 8790

Qudian Inc. Reports First Quarter 2019 Unaudited Financial Results

XIAMEN, China, May 20, 2019 /PRNewswire/ -- Qudian Inc. ("Qudian" or the "Company") (NYSE: QD), a leading provider of online small consumer credit products inChina, today announced its unaudited financial results for the quarter endedMarch 31, 2019. First Quarter 2019 Operational Highlights: ...

2019-05-20 17:30 9820

Geoswift Secures SVF Licence as Hong Kong Steps Closer Towards a Cashless and Digital Payment World

HONG KONG, May 20, 2019 /PRNewswire/ -- Geoswift, a leading provider of cross-border payment solutions betweenChina and the rest of the world, announced today that itsHong Kong entity has been granted a coveted Stored Value Facilities ("SVF") Licence by the Hong Kong Monetary Authority. With the ...

2019-05-20 13:08 3512

Deloitte research reveals a "generation disrupted": Growing up in a world of accelerated transformation leaves Millennials and Gen Zs feeling unsettled about the future

- Millennial and Gen Z confidence in the economy, media and government declines - Millennials have a complicated relationship with social media, are concerned about privacy and cybersecurity - Millennials' ambitions have evolved, or at least been delayed, by financial or other constraints - Mil...

2019-05-20 12:00 2600

Rising Insolvencies Increase Demand for Credit Insurance in Asia Pacific, Atradius Survey Reveals

Growing number of businesses taking more strategic approach to credit management AMSTERDAM, May 20, 2019 /PRNewswire/ -- While global GDP growth is forecast to slow from 3.2% in 2018 to 2.7% this year, global insolvencies are expected to rise 2%. As an integral part of the global supply chain,Asi...

2019-05-20 10:00 1717