Banking/Financial Service

CDPQ and Temasek cash in on FNZ's uncommercial capital raises, leaving employee shareholders out in the cold

LONDON, June 5, 2025 /PRNewswire/ -- Warrants issued as part of three successive FIAT transactions by global wealth management platform FNZ – raising approximately US$1.5 billion in new capital – have now been exercised by two of the institutional investors. As part of the uncommercial terms of ...

2025-06-05 20:19 2311

Turning the page on packaging waste: Amcor's AmFiber™ Performance Paper proves recyclability in Brazil

Successful trials show AmFiberTM Performance Paper can be a smart choice in Brazil's mixed-paper recycling streams ZURICH, June 5, 2025 /PRNewswire/ -- Amcor (NYSE: AMCR, ASX: AMC), a global leader in developing and producing responsible packaging solutions, announced that its AmFiber™ Performan...

2025-06-05 20:00 4188

Waterdrop Inc. Announces First Quarter 2025 Unaudited Financial Results, Net profit rises 34.2% year-on-year

BEIJING, June 5, 2025 /PRNewswire/ -- On June 5, 2025, Waterdrop Inc. (NYSE: WDH), a leading technology platform dedicated to insurance and healthcare services with a positive social impact, unveiled its unaudited financial results for the three months ended March 31, 2025. During the quarter, W...

2025-06-05 19:58 4650

Newborn Town Sets up its Global Headquarters in Hong Kong Science Park

HONG KONG, June 5, 2025 /PRNewswire/ -- Newborn Town Inc. (Newborn Town or the company, stock code: 09911.HK), a leading global social entertainment company, has officially announced the establishment of its global headquarters in Hong Kong. The launch ceremony, held on June 5th, was attended by ...

2025-06-05 19:30 4556

Autohome Inc. to Hold Annual General Meeting on June 27, 2025

BEIJING, June 5, 2025 /PRNewswire/ -- Autohome Inc. (NYSE: ATHM; HKEX: 2518) ("Autohome" or the "Company"), the leading online destination for automobile consumers inChina, today announced that it will hold its annual general meeting of shareholders (the "AGM") at 18th Floor, Tower B, CEC Plaza, ...

2025-06-05 17:30 4088

Yiren Digital to Report First Quarter 2025 Financial Results on June 12, 2025

BEIJING, June 5, 2025 /PRNewswire/ -- Yiren Digital Ltd. (NYSE: YRD) ("Yiren Digital"), an AI-powered platform providing a comprehensive suite of financial and lifestyle services inAsia, announced that it plans to release its unaudited financial results for the first quarter endedMarch 31, 2025 b...

2025-06-05 17:30 4201

ATFX Celebrates Grand Opening of New Office in South Africa

HONG KONG, June 5, 2025 /PRNewswire/ -- ATFX officially inaugurated its new office in Portside Tower, the tallest building in Cape Town's central business district, with a grand opening event held at Hotel Sky on 29 May 2025. The occasion marks a major milestone in the company's strategic expansi...

2025-06-05 17:00 2465

Financing Agreement Signed for Rooftop Solar Power Project in Singapore

TOKYO, June 5, 2025 /PRNewswire/ -- Tokyo Electric Power Company Holdings, Inc.  (hereinafter "TEPCO HD") is pleased to announce that a Special Purpose Vehicle (hereinafter "SPV"), established by TEPCO HD and ESR Group Limited*1 (hereinafter "ESR"), has on May 15, 2025 entered into a financing ag...

2025-06-05 16:18 2579

Hong Leong Asset Management and Hong Leong Bank Launch Hong Leong All Roads Funds in Strategic Partnership with Lombard Odier

KUALA LUMPUR, Malaysia, June 5, 2025 /PRNewswire/ -- Hong Leong Asset Management Bhd ("HLAM"), in collaboration with Hong Leong Bank Berhad ("Hong Leong Bank") is pleased to introduceHong Leong All Roads Funds — three multi-asset funds designed for Sophisticated Investors seeking a globally dive...

2025-06-05 14:31 2428

KCM Trade Sponsors of Australian Golf Rising Star Enshan Hooi | Professional Tournament 2025

MELBOURNE, Australia, June 5, 2025 /PRNewswire/ -- Global leading CFD broker KCM Trade announced an annual strategic partnership with Australian professional golfer Enshan Hooi, becoming an official sponsor for his 2025 golf tour. The signing ceremony was held at Ensha...

2025-06-05 12:33 2391

Tiger Brokers Hong Kong Launches Inaugural Art Prize with HKBU AVA to Inspire Young Artists and Creative Crossovers

HONG KONG, June 5, 2025 /PRNewswire/ -- Tiger Brokers (HK) Global Limited ("Tiger Brokers (HK)"), a leading online brokerage firm, is proud to announce its first collaboration with the Academy of Visual Arts ("AVA") at Hong Kong Baptist University ("HKBU") as the honorable sponsor of the 18th Gra...

2025-06-05 09:15 5053

Synpulse successfully partners with Judo Bank to complete its Core Banking Transformation

SINGAPORE, June 5, 2025 /PRNewswire/ -- Synpulse, a global management consultancy with deep expertise in financial services, is pleased to announce the successful completion of Phase 2 of Judo Bank's core banking transformation journey, building on the strong foundation established in the initial...

2025-06-05 09:00 2460

Innovent and HUTCHMED Jointly Announce NDA Acceptance in China for Sintilimab Combination with Fruquintinib for the Treatment of Advanced Renal Cell Carcinoma

SAN FRANCISCO and SUZHOU, China, June 4, 2025 /PRNewswire/ -- Innovent Biologics, Inc. ("Innovent") (HKEX: 01801), a world-class biopharmaceutical company that develops, manufactures and commercializes high quality medicines for the treatment of oncology, cardiovascular and metabolic, autoimmune,...

2025-06-05 08:00 4288

THE GENERATION ESSENTIALS GROUP AND BLACK SPADE ACQUISITION II CO COMPLETE BUSINESS COMBINATION

- The Generation Essentials Group's Class A Ordinary Shares and Warrants to Begin Trading on the New York Stock Exchange and NYSE American onJune 5, 2025, under Ticker Symbols "TGE" and "TGE WS", Respectively.  NEW YORK and PARIS and SINGAPORE, June 4, 2025 /PRNewswire/ -- The Generation Essenti...

2025-06-05 06:14 4625

NEW CENTURY LOGISTICS UNVEILS MAJOR MILESTONES FOR 2025

HONG KONG, June 4, 2025 /PRNewswire/ -- New Century Logistics (BVI) Limited (hereinafter referred to as "New Century"), a leading Hong Kong-based logistics solutions provider, today announced its 2025 key development plan, which focuses on three major initiatives: 1) New Century has formed a gro...

2025-06-04 23:16 4780

bolttech closes Series C fundraise, welcomes strategic investors Sumitomo Corporation and Iberis Capital

With investments totalling US$147 million, bolttech closes Series C with t he addition of new investors SINGAPORE, June 4, 2025 /PRNewswire/ -- bolttech , the fast-growing global insurtech, today announced the addition of Sumitomo Corporation, one of Japan's largest tra...

2025-06-04 23:00 3157

Marvion Inc. Stock Leaves the Pink and Makes the Leap to OTCQB

HONG KONG, June 4, 2025 /PRNewswire/ -- Marvion Inc. (OTCQB: MNVC), a logistics and storage services company, isthrilled to announce that its stock, currently traded on the OTC Markets under the ticker MVNC, will be upgraded from "Pink Sheets" status to OTCQB onJune 5, 2025.  As known as "The Ven...

2025-06-04 20:38 4192

Qatar Airways Signs Landmark Agreement with QNB Group and Leading Qatari Banks for New Era of Strategic Financing

Qatar Airways Group has agreed a new loan facility of QAR 4.5bn with local Qatari banks This innovative transaction underscores the commitment of Qatar Airways to Qatar National Vision 2030 DOHA, Qatar, June 4, 2025 /PRNewswire/ -- For the first time in 28 years, Qatar Airways signs a landmar...

2025-06-04 20:30 2568

Massimo Group Announces Strategic Nearshoring Initiative to Strengthen Supply Chain Resilience and Support Long-Term Shareholder Value

GARLAND, Texas, June 4, 2025 /PRNewswire/ -- In response to ongoing global supply chain volatility and tariff-related pressures, Massimo Group (Nasdaq: MAMO) ("Massimo" or the "Company") today announced a strategic transition to a nearshoring manufacturing model, establishing new production capab...

2025-06-04 20:30 4104

ZKH Launches Taicang Smart Manufacturing Base, Setting New Standard in Industrial Product R&D and Production Integration

SHANGHAI, June 4, 2025 /PRNewswire/ -- ZKH Group Limited ("ZKH" or the "Company") (NYSE: ZKH), a leading maintenance, repair and operations ("MRO") procurement service platform inChina, today announced the official commissioning of its state-of-the-art smart manufacturing base in Taicang. This f...

2025-06-04 20:10 4218

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