Banking/Financial Service

China Rapid Finance Reports 2019 Unaudited Financial Results for the Six and Nine Months Ended June 30 and September 30, 2019

SHANGHAI, Dec. 16, 2019 /PRNewswire/ -- China Rapid Finance Limited (NYSE: XRF) ("XRF" or "the Company"), one ofChina's leading Fintech companies, today reported its unaudited financial results for the six and nine months endedJune 30, 2019 and September 30, 2019, respectively. Dr. Zane Wang, Fo...

2019-12-16 20:38 15210

Qudian Inc. Announces Letter of Intent to Lock up Guosheng Investment Limited and Appointment of Mr. Yingming Li to Board of Directors

XIAMEN, China, Dec 16, 2019 /PRNewswire/ -- Qudian Inc. ("Qudian" or the "Company") (NYSE: QD), a leading technology platform empowering the enhancement of online consumer finance experience inChina, today announced that Guosheng ( Hong Kong) Investment Limited ("Guosheng") has entered into a non-...

2019-12-16 20:00 14879

Weidai Ltd. to Hold Annual General Meeting on December 27, 2019

HANGZHOU, China, Dec. 16, 2019 /PRNewswire/ -- Weidai Ltd. ("Weidai" or the "Company") (NYSE: WEI), a leading auto-backed financing solution provider in China, today announced that it will hold its annual general meeting of shareholders at 50/F, West Building, Fortune Finance Center, No. 33 Jiefan...

2019-12-16 19:00 14759

Jupai to Hold 2019 Annual General Meeting on December 24, 2019

SHANGHAI, Dec. 16, 2019 /PRNewswire/ -- Jupai Holdings Limited ("Jupai" or the "Company") (NYSE: JP), a leading third-party wealth management service provider focusing on distributing wealth management products and providing quality product advisory services to high-net-worth individuals in China...

2019-12-16 18:00 14874

Manulife appoints Damien Green as CEO for Hong Kong and Macau

HONG KONG, Dec. 16, 2019 /PRNewswire/ -- Manulife today announced the appointment ofDamien Green as the new Chief Executive Officer of Manulife (International) Limited, overseeing Manulife's business inHong Kong and Macau. Damien Green, Chief...

2019-12-16 17:14 4780

REVO Teams Up with Mastercard to Launch Malaysia's First Card-Linked Rewards Platform

KUALA LUMPUR, Malaysia, Dec. 16, 2019 /PRNewswire/ -- OfferStation Sdn Bhd, a member of the Innity Group of companies, has introduced a Card-Linked Rewards Platform calledREVO, to increase in-store traffic and sales for merchants while rewarding consumers and members alike for shopping. Leveragin...

2019-12-16 16:29 2732

FinVolution Group Announces Strategic Investment and Partnership with Fujian Haixia Bank

SHANGHAI, Dec. 16, 2019 /PRNewswire/ – FinVolution Group (formerly known as "PPDAI," or the "Company") (NYSE: FINV), a leading fintech platform inChina, today announced the completion of an equity investment inFujian Haixia Bank ("FHB").  Pursuant to the share purchase agreement, FinVolution Gro...

2019-12-16 16:00 15028

CIIE bureau signs MOU with New Zealand

AUCKLAND, New Zealand, Dec. 16, 2019 /PRNewswire/ -- Representatives from the China International Import Expo Bureau and the New Zealand Trade and Enterprise signed a memorandum of understanding at a promotion event for the 2020 edition of the CIIE inAuckland, New Zealand on Dec 9.  

2019-12-16 15:58 3228

SW China's Chengdu to set up 11 industrial sub-funds, expecting to raise $1 billion

CHENGDU, China, Dec. 16, 2019 /PRNewswire/ -- On Thursday, the 2019 Western China Capital Innovation Summit, guided by Chengdu Municipal Financial Regulatory Bureau and hosted by Chengdu Media Group and organized by National Business Daily, was held at Tianfu International Fund Town in southwestC...

2019-12-16 10:46 3657

Sleek Extends its Seed Round to USD $5m and Accelerates in Hong Kong

SINGAPORE, Dec. 16, 2019 /PRNewswire/ -- Sleek , a cloud-based corporate service provider, today announced the extension toUSD 5M of its seed round, led by private investors Pierre Lorinet andFabio Blom, and MI8, anAsia focused European backed private investment company. Pierre...

2019-12-16 10:00 4501

Ally Bridge Group Leads More Than US$140 million in Financings for Three New Medtech Investments

HONG KONG and NEW YORK, Dec. 16, 2019 /PRNewswire/ -- Ally Bridge Group ("ABG"), a leading global life science investment group, has announced that it recently led investments in three new medical technology companies. Each of the three companies is a commercial-stage, leading innovator re-settin...

2019-12-16 09:00 3626

Update on Electrolux Operations in North America

STOCKHOLM, Dec. 16, 2019 /PRNewswire/ -- Electrolux today provided an update on issues expected to impact operating income for its business areaNorth America in the fourth quarter; primarily the consolidation of its U.S. refrigerator/freezer manufacturing and related transition to new product pl...

2019-12-16 07:18 14931

Bat Group Regains Compliance with Nasdaq Minimum Bid Price Requirements for Continued Listing and Plans to Start New Business

BEIJING, Dec. 13, 2019 /PRNewswire/ -- Bat Group, Inc. (Nasdaq: GLG) (the " Company"), is pleased to announce that it has regained compliance with Nasdaq's minimum bid price requirement. On December 11, 2019, the Company received a written notification from the Nasdaq Stock Market Listing Qualifi...

2019-12-14 05:30 17228

Pingtan Marine Enterprise to Hold Annual General Meeting of Members on December 18, 2019

FUZHOU, China, Dec. 13, 2019 /PRNewswire/ -- Pingtan Marine Enterprise Ltd. (Nasdaq: PME), ("Pingtan" or the "Company"), a global fishing company based in the People's Republic of China (PRC), today announced that the Company will hold its Annual General Meeting of Members onDecember 18, 2019 at ...

2019-12-14 05:30 3443

Xinhua Silk Road: Guotai Junan Securities awarded four industry prizes for sound performance

BEIJING, Dec. 13, 2019 /PRNewswire/ -- Guotai Junan Securities (GTJA), a well-known securities company inChina, was lately awarded four golden bull prizes at the 2019 China Securities Industry High Quality Development Forum held by China Securities Journal inBeijing. The golden bull prize, a fin...

2019-12-13 17:55 3271

Sogou Vocational Avatar Taps into Contemporary Art at Guangzhou Exhibition

BEIJING, Dec. 13, 2019 /PRNewswire/ -- Sogou Inc. (NYSE: SOGO) ("Sogou" or "the Company"), an innovator in search and a leader inChina's internet industry, today showcased the first application of its proprietary Vocational Avatar "Yanny" in the field of contemporary arts. At an exhibition titled...

2019-12-13 17:38 18158

HKBN Announces Completion of JOS Acquisition

HONG KONG, Dec. 13, 2019 /PRNewswire/ -- HKBN Ltd. ("HKBN" or the "Group"; SEHK stock code: 1310) is pleased to announce the completion of its acquisition of Jardine OneSolution Holdings (C.I.) Limited ("JOS") and its subsidiaries, following the Group's extraordinary general meeting (the "EGM") h...

2019-12-13 17:23 18794

Penta Security and R3 Announce Strategic Partnership for Digital Asset Management and MPC Technology

SEOUL, South Korea, Dec. 13, 2019 /PRNewswire/ -- Penta Security and blockchain software firm R3 today announced that they have entered into a global strategic partnership for digital asset management and MPC (Multi-Party Computation) technology, combining Penta Security's technologies and R3's e...

2019-12-13 16:19 3756

KPMG Creates Wealth and Asset Management Centre of Excellence and Appoints Head in Hong Kong

HONG KONG, Dec. 13, 2019 /PRNewswire/ -- Neil Macdonald has been named KPMG China's Head of Wealth and Asset Management Centre of Excellence (CoE), a newly created role based inHong Kong, where he moved in July 2019. The Wealth and Asset Management Centre of Excellence (CoE) reflects KPMG's globa...

2019-12-13 11:36 3462

VIISA Acceleration Program Batch 6 graduated

HO CHI MINH CITY, Vietnam, Dec. 13, 2019 /PRNewswire/ -- At the beginning of December 2019, VIISA announced the completion of the sixth batch of its 4-month acceleration program with its "Investment Day". The invitation-only event welcomed more than 100 active investors, corporations and startup ...

2019-12-13 11:00 3619

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