Financial Services

China records six out of Asia's top ten deals in first quarter despite deal volume drop amid pandemic, finds KPMG analysis

HONG KONG, April 23, 2020 /PRNewswire/ -- Despite the impact of COVID-19, venture capital (VC) investment globally remained steady in Q1'20, primarily due to the strong pipeline of deals in many jurisdictions around the world. The majority of sectors inChina saw a downward trend in VC investment ...

2020-04-23 17:55 2715

BEST Inc. Files Annual Report on Form 20-F for Fiscal Year 2019

HANGZHOU, China, April 23, 2020 /PRNewswire/ -- BEST Inc. (NYSE: BEST) ("BEST" or the "Company"), a leading integrated smart supply chain solutions and logistics services provider inChina, today announced that it filed its annual report on Form 20-F for the fiscal year endedDecember 31, 2019 with...

2020-04-23 16:54 7225

TSG acquires Stadline: signals further European expansion

PARIS and LONDON, April 23, 2020 /PRNewswire/ -- TSG, an Advent portfolio company and leading global provider of business management software, integrated payments, and value-added services with focus on the Health and Fitness (H&F), Childcare and Early Education, and Boutique markets, today annou...

2020-04-23 16:00 2216

PrimePartners Group Invests in North Ridge Partners to Form Leading Regional Technology Investment Banking Platform

SINGAPORE, April 23, 2020 /PRNewswire/ -- North Ridge Partners, the technology investment bank located inSingapore, Australia and New Zealand, announces that it has entered a strategic alliance with independentSingapore-based financial services group PrimePartners Group (PPG). PPG is building ou...

2020-04-23 11:14 2843

APG, CPP Investments and ESR establish new US$1 billion development joint venture to boost investment in South Korean logistics real estate

* Represents one of the largest global logistics real estate capital raisings to date this year * Successor development vehicle to maiden capital vehicle among APG, CPP Investments and ESR SEOUL and HONG KONG, April 23, 2020 /PRNewswire/ -- APG, Canada Pension Plan Investment Board ("CPP Inve...

2020-04-23 08:22 9895

Cross River Bank and V Capital set to disrupt banking in Asia

KUALA LUMPUR, Malaysia, April 23, 2020 /PRNewswire/ -- Following the 2018 round of financing led by KKR with participation of Battery Ventures, Andreessen Horowitz, Ribbit Capital & Credit Ease; Shefa Capital has decided to partner with V Capital Investments Limited to lead the Series C PRE IPOUS...

2020-04-23 08:00 5563

Ambow Education Announces Fourth Quarter and Full Year 2019 Financial Results

BEIJING, April 22, 2020  /PRNewswire/ -- Ambow Education Holding Ltd. ("Ambow" or the "Company") (NYSE American: AMBO), a leading national provider of educational and career enhancement services inChina, today announced its audited financial and operating results for the fourth quarter and fiscal...

2020-04-23 04:35 6959

Ambow Files its Annual Report on Form 20-F for Fiscal Year 2019

BEIJING, April 22, 2020 /PRNewswire/-- Ambow Education Holding Ltd. ("Ambow" or the "Company") (NYSE American: AMBO), a leading national provider of educational and career enhancement services inChina, today announced that it filed its Annual Report on Form 20-F for the fiscal year endedDecember ...

2020-04-23 04:30 7196

GA technologies ranked as 110 of the Financial Times' Top 1000 High-Growth Companies Asia-Pacific 2020

TOKYO, April 22, 2020 /PRNewswire/ -- GA technologies Co., Ltd (TYO: 3491) announced the company has ranked as No.110 of the top 1,000 places on the Financial Times' High-Growth Companies Asia Pacific 2020 list, which is based on percentage growth in annual revenue between 2015-2018. About FT ...

2020-04-22 23:00 7048

Rapyd Announces Solidarity Programme for Singapore Businesses to Adopt Digital Payments

SINGAPORE, April 22, 2020 /PRNewswire/ -- Rapyd, a global FinTech as a Service company, today announced a new Solidarity Programme to helpSingapore businesses quickly accept payments online with no fees until the end of June, enabling them to serve customers staying at home while reducing their c...

2020-04-22 22:52 2310

Hong Kong stock trading feature added to TradeUP's web platform

NEW YORK, April 22, 2020 /PRNewswire/ -- TradeUP, the fintech-powered commission-free trading platform, announced today that it is offeringHong Kong stock trading on its web platform. U.S. investors can now gain exposure to one of the world's most dynamic economies not only on their phones, but f...

2020-04-22 22:00 1183

NDB Board of Governors Holds Fifth Annual Meeting in Virtual Format

SHANGHAI, April 22, 2020 /PRNewswire/ -- The Board of Governors (BoG) of the New Development Bank (NDB) held its Fifth Annual Meeting virtually onApril 20, 2020. Governors exchanged views on the next five-year General Strategy of the New Development Bank, highlighting that the NDB supports infra...

2020-04-22 21:19 2719

China Xiangtai Food Co., Ltd. Enters into Joint Venture Framework Agreement to Expand into Hog Breeding Business

CHONGQING, China, April 22, 2020 /PRNewswire/ -- China Xiangtai Food Co. Ltd. (NASDAQ: PLIN) (the "Company" or the "PLIN"), an emerging growth company primarily engaged in pork processing inChina, today announced that the Company, through its primary operating subsidiary Chongqing Penglin Food Co...

2020-04-22 20:30 7745

CNOOC Limited Filed 2019 Annual Report on Form 20-F

HONG KONG, April 22, 2020 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) announced today it has filed with the United States Securities and Exchange Commission ("SEC") its 2019 annual report on Form 20-F ("annual report on Form 20-F") that included audited financi...

2020-04-22 20:22 8861

English Court Weighs In on US$530 Million Attachment of Kazakh National Fund Assets

NEW YORK, April 22, 2020 /PRNewswire/ -- On April 22, 2020, the High Court of Justice ofLondon handed down its judgment in the matter of National Bank of Kazakhstan and the Republic of Kazakhstan v The Bank of New York Mellon, Anatolie Stati and Ors, arising out of an attachment obtained by the S...

2020-04-22 18:00 1709

Sun Life Hong Kong Offers Premium Insurance Experience

HONG KONG, April 22, 2020 /PRNewswire/ -- Sun Life Hong Kong Limited ("the Company" or "Sun Life Hong Kong") today announced the launch of a new digital sales system. From now untilJun 30, 2020, clients can purchase designated insurance products anytime, anywhere inHong Kong, through this new sys...

2020-04-22 17:46 4508

HKBN Announces Interim Results for the 6 Months Ended 29 February 2020

HONG KONG, April 22, 2020 /PRNewswire/ -- HKBN Ltd. ("HKBN" or the "Company"; SEHK stock code: 1310) today announced solid growth in its financial and business performance for the six months ended29 February 2020 ("1H2020"). Through a sequence of five strategic mergers and acquisitions over the l...

2020-04-22 17:23 9671

RattanIndia Finance Wins the Celent Model Bank Award 2020 for Retail Lending Powered by Nucleus FinnOne Neo

NEW DELHI, April 22, 2020 /PRNewswire/ -- Celent , the world's leading research, advisory and consulting firm focused on financial services technology, has namedRattanIndia Finance  as the winner of The Celent Model Bank Award 2020  for ...

2020-04-22 16:22 4134

Sunray Engineering Group Limited announces its subscription results

HONG KONG, April 22, 2020 /PRNewswire/ -- Sunray Engineering Group Limited  ("Sunray Engineering Group", together with its subsidiaries, the "Group"; stock code: 8616), aHong Kong-based building protection solution provider, announced the subscription results for its shares (the "Shares") under th...

2020-04-22 14:56 7959

9F Group's technology promotes digital transformations and upgrades in Southeast Asia

BEIJING, April 22, 2020 /PRNewswire/ -- Southeast Asia is an important node in the "trinity" overseas strategy of 9F Group. The group uses digital technologies as a bridgehead to help local banks and enterprises on digital transformations and other challenging situations. They are also building bl...

2020-04-22 14:50 3096