Banking/Financial Service

Circle to go public through a business combination with Concord Acquisition Corp, supported by over $1.1B in capital

- Circle to become public via a business combination with Concord Acquisition Corp (NYSE: CND), a publicly-traded special purpose acquisition corporation with $276 million in trust. - The transaction values Circle at $4.5 billion. Upon completion of the transaction, existing Circle shareholders ...

2021-07-08 19:07 49225

ANTA Brand Releases 5-year Strategic Targets and a 24-month Acceleration Plan LEAD TO WIN

Key points 5-year strategic targets: * ANTA brand's compound annual growth rate (CAGR)of the retail sales of the next 5 years will reach 18-25% and that of online retail sales will exceed 30%. Online business will account for 40% of total retail sales by 2025. Increase and improve stores in f...

2021-07-08 18:50 51859

Fosun International was awarded the "ESG Benchmark Awards - The ESG Leader" Gold Award

HONG KONG, July 8, 2021 /PRNewswire/ -- The Institute of ESG & Benchmark (IESGB) held the inaugural awards ceremony of the Environmental, Social, and Governance (ESG) Achievement Awards 2020 at the Hong Kong Productivity Council. Fosun International was awarded the "ESG Benchmark Awards – The ESG...

2021-07-08 16:55 47273

CollaboGate and Tessera Technology start a demonstration experiment to build the world's first "decentralized IoT platform" using decentralized identifiers.

TOKYO, July 6, 2021 /PRNewswire/ -- CollaboGate Japan, Inc. (headquartered in Shibuya-ku,Tokyo; Masayoshi Mitsui, CEO; hereinafter referred to as "CG") has formed a business alliance with Tessera Technology Inc. (headquartered in Nishi-ku,Yokohama City, Kanagawa Prefecture; hereinafter referred t...

2021-07-08 16:42 5529

GUUD Launches New RYTE Financing Platform To Make Trade Finance Accessible for All Businesses

* New Platform enables businesses big or small to access trade finance options to improve cashflow * Opens up opportunities for businesses to apply for credit from alternative financiers SINGAPORE, July 8, 2021 /PRNewswire/ -- Singapore's GUUD (Finance) Pte. Ltd. ("GUUD Finance") today announ...

2021-07-08 16:29 3520

Unitholders Demand Sabana REIT Manager (SGX:M1GU) to Promptly Conduct the Requistioned EGM for the Endorsement of Mr Chan Wai Kheong as a Director

SINGAPORE, July 8, 2021 /PRNewswire/ -- Quarz Capital Management and Black Crane Capital issued an open letter to the Management and Board of Sabana REIT. QUARZ CAPITAL MANAGEMENT AND BLACK CRANE CAPITAL ISSUE OPEN LETTER TO THE MANAGEMENT AND BOARD OF SABANA REIT (SGX: M1GU) ALL RECIPIENTS ARE ...

2021-07-08 16:00 46763

Air Liquide's technology chosen for the world's largest hydrogen station in Beijing, China

PARIS, July 8, 2021 /PRNewswire/ -- The Daxing hydrogen station equipped with Air Liquide technology is the world's largest hydrogen station with a capacity of nearly 5 tonnes per day. Located inBeijing, it is part of a 200,000 square-meter International Hydrogen Energy Demonstration Zone which i...

2021-07-08 15:30 4464

'Standing by our SMEs' and the urgent need to build a 'digital first' workforce

HONG KONG, July 8, 2021 /PRNewswire/ -- Small and Medium enterprises (SMEs) have a lot to gain from embracing digital technologies (digitalisation) into their existing business models, which would improve productivity while opening up new revenue streams. According to the Cisco 2020 APAC SMB Dig...

2021-07-08 15:30 2671

Aleph Farms Completes $105 Million Series B Funding Round

REHOVOT, Israel, July 8, 2021 /PRNewswire/ -- Aleph Farms , the cultivated meat company growing steaks directly from non-genetically modified animal cells, has announced the completion of a$105 million Series B funding round. The funding round was led by the Growth F...

2021-07-08 12:04 3540

EasyCompare Donates 1,205,425 THB to Help Underprivileged Thai Children During COVID-19 Crisis

BANGKOK, July 8, 2021 /PRNewswire/ -- The donation from EasyCompare , a digital car insurance broker, will go to Hands Across the Water, an international organisation that provides homes, food, and education for disadvantaged and at-risk youngsters in...

2021-07-08 11:13 4503

Sun Life Hong Kong Launches New Insurance Plan - Vital

HONG KONG, July 8, 2021 /PRNewswire/ -- Sun Life Hong Kong Limited ("the Company" or "Sun Life Hong Kong") today announced the launch of a new participating insurance plan,Vital, which offers whole-life protection and potential long-term wealth growth through the Guaranteed Cash Value and non-...

2021-07-08 11:00 4833

INEOS Styrolution and Samsung Resin collaborate to produce Terluran ECO GP-22

* New collaboration will provide recycled ABS grades with the same properties as INEOS Styrolution's virgin general purpose ABS GP-22 * Grades with 50% or 70% recycled content available now as a drop-in solution for customers * Both grades are fully recyclable and are now produced and availa...

2021-07-08 08:00 5136

Enfusion Strengthens Presence in China with Wholly Foreign-Owned Enterprise

Firm doubles down in region following record growth in APAC as Chinese market further opens up NEW YORK and LONDON and HONG KONG, July 8, 2021 /PRNewswire/ -- Enfusion, the leading provider of cloud-based investment management software and services, announced today that they have formed a wholly...

2021-07-08 08:00 3020

Australian Fintech Launches Hay-as-a-Service, Managed by Appian Low-Code Automation Platform

Hay streamlines and automates the management of its embedded finance platform with low-code plus complete automation SYDNEY, July 8, 2021 /PRNewswire/ -- Appian (NASDAQ: APPN), today announced that Hay, the Australian headquartered FinTech company, is ramping up growth through its "Hay-as-a-Serv...

2021-07-08 07:00 48676

Airwallex partners with powerhouse entrepreneur Naomi Simson to empower Australian businesses to scale

* Airwallex partners with renowned Australian entrepreneur and Shark Tank investorNaomi Simson to help SMBs build their businesses for scale and grow successfully * The partnership's theme, 'Choose Growth', focuses on key business growth challenges including growing a customer base, cashflow,...

2021-07-08 07:00 2404

Glassy Mind Holdings Limited, a Shareholder of Ourgame Expresses Concerns Regarding the Sale of the World Poker Tour Business from AESE (a subsidiary of Ourgame) to Element Partners, LLC

HONG KONG, July 7, 2021 /PRNewswire/ -- Glassy Mind Holdings Limited ("Glassy Mind Holdings") is one of the shareholders of Ourgame International Holdings Limited (the "Company").  Glassy Mind Holdings hold approximately 26.97% of the issued shares of the Company. Glassy Mind Holdings urges the ...

2021-07-07 23:11 2420

GWM Plans to Invest RMB 100 billion in R&D Targeting New Energy and Intelligent Fields in the Coming Five Years

BAODING, China, July 7, 2021 /PRNewswire/ -- Recently, GWM held the 8th Technology Festival in Baoding at its headquarters. At the opening ceremony, GWM ChairmanJack Wei emphasized the next-generation clean energy-driven smart cars would constitute the new pattern in future automobile industry d...

2021-07-07 22:03 57744

dMed-Clinipace Announces Completion of US$50 Million Series C+ Financing from New Investors

SHANGHAI and MORRISVILLE, N.C., July 7, 2021 /PRNewswire/ -- dMed-Clinipace, the global full-service Clinical Contract Research Organization (CRO), announced today the recent successful completion of aUS$50 million Series C+ financing with participation from a group of new, leading international ...

2021-07-07 20:00 4827

Endowus crosses S$1 billion in assets in under 20 months to become Singapore's fastest growing digital wealth manager

* Endowus hits S$1 billion in assets under advice within 20 months of becoming the first MAS-licensed digital advisor for investing cash, CPF & SRS savings on one platform. * Endowus recently raised S$30 million in strategic and venture capital from UBS, Samsung, Singtel Innov8, LightSpeed Ve...

2021-07-07 19:51 3680

LU Hong Kong launches Hong Kong's first open robo-advisory platform, AI-backed "Lucy" offers professional wealth management services to its clients

HONG KONG, July 7, 2021 /PRNewswire/ -- LU International (Hong Kong) Limited ("LU Hong Kong"), a subsidiary of Lufax Holding Limited ("Lufax"; NYSE: LU), introducesHong Kong's first open robo-advisory platform, offering tailor-made asset allocation solutions through its professional AI investment...

2021-07-07 19:17 4259