Banking/Financial Service

Black Spade Acquisition Co Announces the Separate Trading of its Class A Ordinary Shares and Warrants Commencing September 7, 2021

HONG KONG, Sept. 7, 2021 /PRNewswire/ -- Black Spade Acquisition Co (the "Company") announced that commencingSeptember 7, 2021, holders of the units sold in the Company's initial public offering of 16,900,000 units (including 1,900,000 units sold in connection with the partial exercise of the un...

2021-09-07 15:28 1448

Xinhua Silk Road: China's int'l services trade fair brings hope and confidence to global economy

BEIJING, Sept. 7, 2021 /PRNewswire/ -- The ongoing 2021 China International Fair forTrade in Services (CIFTIS), highlightingChina's determination and action to open up at a higher level, has brought hope and confidence to global economy.

2021-09-07 15:18 3086

Cheetah Mobile Announces Second Quarter 2021 Unaudited Consolidated Financial Results

BEIJING, Sept. 7, 2021 /PRNewswire/ -- Cheetah Mobile Inc. (NYSE: CMCM) ("Cheetah Mobile" or the "Company"), a leading internet company, today announced its unaudited consolidated financial results for the second quarter 2021 endedJune 30, 2021. Management Commentary Mr. Sheng Fu, Cheetah Mobi...

2021-09-07 15:00 6795

Apax Funds and Warburg Pincus to acquire T-Mobile Netherlands

LONDON, Sept. 7, 2021 /PRNewswire/ -- Funds advised by Apax Partners LLP ("Apax"), a leading private equity firm, and Warburg Pincus LLC ("Warburg Pincus"), a leading global growth investor, have today agreed to acquire T-Mobile Netherlands Holding B.V. ("T-Mobile" or the "Company") from Deutsche...

2021-09-07 14:18 3305

XCMG Reports CNY 53.2 Billion Revenue in H1 2021, Setting New Highs in Revenue, Net Profit and Cash Flow

XUZHOU, China, Sept. 7, 2021 /PRNewswire/ -- XCMG (000425.SZ), ranked third largest manufacturer of construction machinery globally by KHL, released their semiannual report for H1 2021 onAugust 31, reporting revenue of 53.234 billion yuan (USD 8.247 billion) marking 51.8% growth year-on-year. XCM...

2021-09-07 11:58 10851

Trade finance platform FundPark helps cross-border e-commerce merchants grow their business

HONG KONG, Sept. 7, 2021 /PRNewswire/ -- FundPark Limited, a leading Asia-based trade finance platform committed to facilitating the growth of the cross-border e-commerce sector by providing convenient, readily available financing solutions, will provide financing to merchants that are part of Ca...

2021-09-07 10:30 5006

DHL Express deploys AI-powered sorting robot

* The DHLBot is an AI-powered robotics arm implemented in partnership with Dorabot * Installed in Singapore and South Korea, DHLBots can sort over 1,000 small parcels per hour, increasing efficiency by at least 40 percent SINGAPORE, Sept. 7, 2021 /PRNewswire/ -- Amid increasing shipment volum...

2021-09-07 10:10 4736

Toku Raises USD 5 Million Series A to Help APAC Businesses Accelerate Digital Transformation Plans

SINGAPORE, Sept. 7, 2021 /PRNewswire/ -- Toku , Asia Pacific's only dedicated cloud communications provider, today announced completion of a $5 million Series A funding round. Delivery Hero-backed DX Ventures led the round, with participation from exi...

2021-09-07 10:00 3232

eBaoTech Congratulates its Customer VSure.life on Launching as Malaysia's first On-Demand Lifestyle Digital Insurer

SINGAPORE, Sept. 7, 2021 /PRNewswire/ -- eBaoTech Corporation (eBaoTech ), a world-leading digital insurance solution provider is honored to share that its customer,Malaysia-based VSure.life (VSure) became the country's first on-demand lifestyle digital insurer approved ...

2021-09-07 10:00 4266

Joy Spreader Embracing Marketing through Premium-placed Short-form Videos, Leads to a Promising Outlook

BEIJING, Sept. 7, 2021 /PRNewswire/ -- On August 30, Hong Kong-listed Joy Spreader Group (HKG:6988, "the Group", "Joy Spreader") announced its 2021 H1 results. The H1 financial report shows that the performance-based marketing business based on short-form video (SFV) has becomes an important part...

2021-09-07 08:23 6685

FICO Survey: 3 in 5 Indonesian Consumers Will Abandon Long Online Banking Account Applications

The pandemic is driving a digital-first mindset around financial services JAKARTA, Indonesia, Sept. 7, 2021 /PRNewswire/ -- The pandemic is driving a digital-first mindset in Indonesia when it comes to opening banking accounts. H...

2021-09-07 08:00 2577

Advans Group selects Tagit to Digitize Customer Experience in Microfinance

* Roll-out of Mobeix™ Retail Banking in eight markets * To be deployed on AWS Cloud and delivered Software-as-a-Service Product SINGAPORE, Sept. 7, 2021 /PRNewswire/ -- Advans, a microfinance group operating inAfrica and Asia, has chosen Tagit, a leading digital banking solutions provider, to...

2021-09-07 06:00 2889

uCloudlink Looks to Improve Data Connectivity with New Industry Partnerships in Malaysia

HONG KONG, Sept. 6, 2021 /PRNewswire/ -- UCLOUDLINK GROUP INC. (NASDAQ: UCL, "uCloudlink"), the world's first and leading mobile data traffic sharing marketplace, has joined forces with one ofMalaysia's telecom rental business partners to meet users' increasing need for better data connectivity. ...

2021-09-06 21:00 5961

Haitong International Debuts the World's First Asia High Yield Corporate USD Bond ESG ETF in Tie-In with Tabula

This press release is issued for journalists in their professional capacity. The information contained herein does not constitute an offer or solicitation and may not be treated as an offer or solicitation in any jurisdiction where such an offer or solicitation is against the law, or to anyone to...

2021-09-06 18:57 7224

Thailand BOI Approves Measures to Support Carbon Reduction

BANGKOK, Sept. 6, 2021 /PRNewswire/ -- The Thailand Board of Investment (BOI) at a meeting today approved incentives to encourage companies to reduce greenhouse gas emission as well as an enhanced scheme for electric vehicles and measures to mitigate COVID-19 impacts and support local vaccine dev...

2021-09-06 18:40 4276

TCEB unveils Thailand's three MICE strategies for 2022

BANGKOK, Sept. 6, 2021 /PRNewswire/ -- Thailand Convention & Exhibition Bureau (TCEB) has outlined a three-pronged strategy for 2022. The strategy focuses on developing more cities and organisations for international MICE, upgrading skills and standards, and the pursuit of prominent hosting oppor...

2021-09-06 18:30 3266

Bairong's Cloud-Native SaaS Platform Accelerates China Bohai Bank Digital Transformation

BEIJING, Sept. 6, 2021 /PRNewswire/ -- Bairong Inc ("Bairong" or "the Company", 6608.HK), a leading independent AI-powered technology platform inChina, is providing digital solutions, which include anti-fraud and loan monitoring systems, for China Bohai Bank to protect and scale its business. The...

2021-09-06 17:25 6737

Fosun International Officially Selected as a Constituent Stock of Hang Seng ESG 50 Index

HONG KONG, Sept. 6, 2021 /PRNewswire/ -- Fosun International officially was selected as a constituent stock of Hang Seng ESG 50 Index (top 50 large-to-mid cap). Hang Seng ESG 50 Index aims at capturing the overall performance of Top 50 ESG leaders with relatively high market capitalization listed...

2021-09-06 16:51 8060

Tencent Cloud Steps Up Commitment in Indonesia Following Launch of First Internet Data Centre

* Tencent Cloud draws remarkable interest from local businesses and partners, with more industry-leading cloud offerings set to benefitIndonesia via the launch of a second IDC in the country by end of 2021 * Tencent's over two decades of experience in tech innovation boosts Tencent Cloud's hi...

2021-09-06 15:41 2779

Inspiration Capital Partners announces Investment in Beijing Loving Care International Pet Medical Center

SHANGHAI, Sept. 6, 2021 /PRNewswire/ -- Inspiration Capital Partners ("ICP") today announced an investment in Beijing Loving Care International Pet Medical Center ("Loving Care"). Founded in 2013, Loving Care is a leading premium specialty pet healthcare chain, focusing on providing high quality...

2021-09-06 15:32 4096

Week's Top Stories