Financial Services
BBMSL Partners with PayMe by HSBC to Enhance Payment Options for Hong Kong Customers
HONG KONG, July 22, 2024 /PRNewswire/ -- BBMSL, a leading payment solutions provider inHong Kong, announced a strategic collaboration with PayMe by HSBC today, becoming a payment acquirer for one of the territory's most popular digital wallet. This partnership allows BBMSL's merchants to provide ...
2024-07-22 07:30
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Guotai Junan Securities Initiated Coverage on Newborn Town with a "Buy" Rating and HK$4.75 Target Price
HONG KONG, July 22, 2024 /PRNewswire/ -- In a report released on July 15th, Guotai Junan Securities gave Newborn Town a "buy" rating and set a target price ofHK$4.75. The firm assigned a 9.5x P/E ratio to Newborn Town, estimating a market capitalization of aroundHK$6.7 billion, based on the compa...
2024-07-22 07:09
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CGTN AMERICA & CCTV UN: Global Opportunities in Deepening China's Reform in the New Era
CGTN America & CCTV UN releases "Global Opportunities in Deepening China's Reform in the New Era" WASHINGTON, July 20, 2024 /PRNewswire/ -- China marked the conclusion of one of its most important political events - The Third Plenary session - with a pledge to deepen reform and advance Chinese m...
2024-07-20 05:15
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Viomi Technology Co., Ltd Enters Definitive Agreements to Divest Certain IoT@Home Businesses in an Effort to Strategically Focus on Home Water Solution Businesses
GUANGZHOU, China, July 19, 2024 /PRNewswire/ -- Viomi Technology Co., Ltd ("Viomi" or the "Company") (NASDAQ: VIOT) today announced that, to implement its "Focus" strategy for home water solution businesses, it has entered into definitive agreements with Mr.Xiaoping Chen, the Company's Founder, C...
2024-07-20 04:05
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AGM Group Announces Receipt of Notification from Nasdaq
BEIJING, July 19, 2024 /PRNewswire/ -- AGM Group Holdings Inc. ("AGMH" or the "Company") (NASDAQ: AGMH), an integrated technology company focusing on providing fintech software services and producing high-performance hardware and computing equipment, today announced that it has received a written...
2024-07-20 04:05
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The Joseph Safra Family Amicably Resolves Disputes
SÃO PAUL and GENEVA, July 19, 2024 /PRNewswire/ -- The Joseph Safra Family today announced the global, amicable resolution of all disputes withAlberto Joseph Safra. Under the terms of the resolution, Alberto will divest his interests in the J. Safra Group. and pursue his business interests throu...
2024-07-19 23:25
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Masdar Raises USD1 Billion Through Second Green Bond to Fund New Global Renewables Projects
* Proceeds will be used to invest exclusively in new greenfield renewable energy projects under Masdar's Green Finance Framework * Bond demand 4.6x oversubscribed, reflecting significant investor confidence in Masdar's continued growth and sustainability credentials * Projects financed by Ma...
2024-07-19 22:32
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RoboSense Sales Volume of LiDAR for ADAS Achieved 487.7% YOY Growth in H1 2024
HONG KONG, July 19, 2024 /PRNewswire/ -- Recently, RoboSense announced its business progress for the first half year of 2024, demonstrating a high-growth trajectory and maintaining its leadership in the global market. For the six months endedJune 30, 2024, RoboSense's sales volume of LiDAR produc...
2024-07-19 22:17
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Euroclear continues momentum with strong first half year results
BRUSSELS, July 19, 2024 /PRNewswire/ -- Results for the first half year ended 30 June 2024 Highlights Euroclear achieves strong results driven by solid operating and interest income * Underlying operating income increased by 5% to reach a record €1.45 billion. * Business income inc...
2024-07-19 21:18
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Family Care Policy in HK Workplace - Primary Care Education Foundation, Merck and Bowtie launch the "Family Matters Initiative"
HONG KONG, July 19, 2024 /PRNewswire/ -- Primary Care Education Foundation (PCEF), Merck Group (Merck), a leading science and technology company, and Bowtie,Hong Kong's first virtual insurer, collaborate to announce the launch of the "Family Matters Initiative". According to the "Annual Report 2...
2024-07-19 20:59
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China Automotive Systems Announces Special Cash Dividend
- Celebrating 20th Anniversary of NASDAQ Listing - WUHAN, China, July 19, 2024 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier inChina, today announced that the Board of Directors has declared a spe...
2024-07-19 20:58
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Euroclear expands funds business into Spain by acquiring a strategic stake in Inversis
* Euroclear acquires a strategic stake in Inversis with a committed plan to full ownership by end 2027 * The acquisition aligns with Euroclear's long-term growth objectives and strengthens Euroclear's presence inSpain * The combination accelerates the growth of Euroclear's end-to-end funds ...
2024-07-19 20:51
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111 Announces Appointment of New Auditor
SHANGHAI, July 19, 2024 /PRNewswire/ -- 111, Inc. ("111" or the "Company") (NASDAQ: YI), a leading tech-enabled healthcare platform company committed to reshaping the value chain of healthcare industry by digitally empowering the upstream and downstream inChina, today announced the appointment o...
2024-07-19 20:45
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How ASEAN fruits efficiently, conveniently enter China
BEIJING, July 19, 2024 /PRNewswire/ -- A report from People's Daily: Fruits from ASEAN countries are entering the Chinese market more efficiently and conveniently in recent years. This favorable trend is attributed to the full implementation of the Regional Comprehensive Economic Partnership (RC...
2024-07-19 20:33
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HIGHWAY HOLDINGS REPORTS FISCAL FOURTH QUARTER AND FULL YEAR 2024 RESULTS
HONG KONG, July 19, 2024 /PRNewswire/ -- Highway Holdings Limited (Nasdaq: HIHO ) today reported results for the fiscal fourth quarter and fiscal year ended March 31, 2024. The Company notes that financial results are not comparable with results in prior years, as ongoing business uncertainties req...
2024-07-19 20:19
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China Yuchai's Subsidiary Launches The First Turbine Fan Main Shaft QT700-10
SINGAPORE, July 19, 2024 /PRNewswire/ -- China Yuchai International Limited (NYSE: CYD)("China Yuchai" or the "Company") one of the largest powertrain solution manufacturers through its main operating subsidiary inChina, Guangxi Yuchai Machinery Company Limited ("Yuchai"), today announced that Yu...
2024-07-19 20:18
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KraneShares Launches AGIX: An Artificial Intelligence & Technology ETF That Provides Investors Exposure to Companies Across the AI Ecosystem
NEW YORK, July 19, 2024 /PRNewswire/ -- Krane Funds Advisors, LLC ("KraneShares"), an asset management firm known for its global exchange-traded funds (ETFs),launched the KraneShares Artificial Intelligence & Technology ETF (Ticker: AGIX) on the Nasdaq Stock Market (NASDAQ)on July 18th, 2024. AG...
2024-07-19 13:04
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Baseus posts strong 2024 H1 sales on Amazon Japan with new flagship products
TOKYO, July 19, 2024 /PRNewswire/ -- Baseus, a leading global brand of consumer electronics and mobile phone accessories, has achieved remarkable success on Amazon Japan, becoming one of the brand's primary sales channels in the country. Baseus posted its strongest sales on the site in the first ...
2024-07-19 12:52
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China's national economy maintains steady progress during first six months of 2024
BEIJING, July 19, 2024 /PRNewswire/ -- A report from People's Daily: China's national economy was generally stable with steady progress in the first half of 2024, according to data released byChina's National Bureau of Statistics (NBS) onJuly 15. According to preliminary estimates, the country's...
2024-07-19 12:19
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Why is China's H1 2024 GDP growth of 5 pct remarkable?
BEIJING, July 19, 2024 /PRNewswire/ -- A report from People's Daily：Data released byChina's National Bureau of Statistics (NBS) show that the country's gross domestic product (GDP) expanded 5 percent year-on-year in the first half of this year, which is a truly remarkable achievement for the worl...
2024-07-19 12:11
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