Financial Services
WuXi Biologics Closes Land Deal to Build State-of-the-Art Biologics Production Facility in the United States
SHANGHAI and WORCESTER, Mass., May 19, 2020 /PRNewswire/ -- WuXi Biologics ("WuXi Bio") (2269.HK), a global company with leading open-access biologics technology platforms, and the Worcester Business Development Corporation (WBDC) announced today the successful signing of a land deal for WuXi Bio...
Innovent Biologics and MD Anderson Announce a Strategic Collaboration to Develop anti-PD-1 Therapy TYVYT® (Sintilimab Injection) in Rare Cancers
SUZHOU, China, and HOUSTON, May 19, 2020 /PRNewswire/ -- Innovent Biologics, Inc. ("Innovent") (HKEX: 01801), a world-class biopharmaceutical company that develops, manufactures and commercializes high-quality medicines for the treatment of cancer, autoimmune, metabolic and other major diseases, ...
Swedish Supreme Court Rejects Kazakhstan's Renewed Challenge To Arbitral Award
Ruling Once Again Confirms US$543 Million Award as Final and Binding NEW YORK, May 19, 2020 /PRNewswire/ -- The Swedish Supreme Court, on May 18, handed down its judgment inThe Republic of Kazakhstan v Ascom Group S.A. et al dismissing with prejudiceKazakhstan's renewed challenge to a US$543 mil...
Noah Holdings Limited Announces Unaudited Financial Results for the First Quarter of 2020
SHANGHAI, May 18, 2020 /PRNewswire/ -- Noah Holdings Limited ("Noah" or the "Company") (NYSE: NOAH), a leading wealth and asset management service provider inChina with a focus on global investment and asset allocation services for high net worth individuals and enterprises, today announced its u...
China Ceramics Schedules Second Half and Fiscal Year End 2019 Earnings Conference Call
JINJIANG, China, May 18, 2020 /PRNewswire/ -- China Ceramics Co., Ltd. (NASDAQ Capital Market: CCCL) ("China Ceramics" or the "Company"), a leading Chinese manufacturer of ceramic tiles used for exterior siding and for interior flooring and design in residential and commercial buildings, today an...
Zoomlion Reports First Quarter 2020 Results
CHANGSHA, China, May 18, 2020 /PRNewswire/ -- Zoomlion Heavy Industry Science & Technology Co., Ltd. (Zoomlion) announced financial results for its first quarter onApril 29. Operating income was 9.066 billion yuan (USD 1.276 billion), 49.9 million yuan (USD 7.05 million) increase versus the prior-...
China Rapid Finance Announces Completion of Asset Injection with YBT/SOS and Private Placement with Cash Investors -- Paves the Way to Growth and Profitability
SHANGHAI, May 18, 2020 /PRNewswire/ -- China Rapid Finance Limited (NYSE: XRF) (the "Company") today announced the closing of the asset injection and private placement transactions onMay 15, 2020. Upon closing of the transactions, Yong Bao Two Ltd. ("YBT"), a holding company that controls SOS Inf...
Global Biometrics Market in Healthcare to Witness a Four-fold Growth, Predicts Frost & Sullivan
The market is estimated to inflate at a CAGR of 32.3%, reaching $2.72 billion by 2024 SANTA CLARA, Calif., May 18, 2020 /PRNewswire/ -- Frost & Sullivan's recent analysis,Global Biometrics in Healthcare Market, Forecast to 2024, predicts that the industry is likely to experience exponential grow...
HKEX to Introduce New Initiatives to Enhance Liquidity of ETPs
* New Spread Table and Continuous Quoting Market Making Obligations for ETPs to be effective on 1 June * These initiatives are HKEX's latest step in a series of market structure changes to enhance the liquidity ofHong Kong-listed ETPs HONG KONG, May 18, 2020 /PRNewswire/ -- Hong Kong Exchange...
Four Seasons Education Reports Fourth Quarter and Fiscal 2020 Unaudited Financial Results
SHANGHAI, May 18, 2020 /PRNewswire/ -- Four Seasons Education (Cayman) Inc. (" Four Seasons Education" or the "Company") (NYSE: FEDU), a leadingShanghai-based educational company dedicated to providing comprehensive after-school education services with a focus on high-quality math education, today...
CRISIL has Reaffirmed 'CRISIL AAA / Stable' Rating on INR 36.5 Billion NCDs of Embassy Office Parks REIT
BENGALURU, India, May 18, 2020 /PRNewswire/ -- On 16 May 2020, CRISIL reaffirmed the'CRISIL AAA/Stable' rating on INR 36.5 billion non-convertible debentures (NCDs) of Embassy Office Parks REIT (NSE: EMBASSY) (BSE: 542602) (' Embassy REIT'). Mike Holland, Chief Executive Officer of Embassy REIT, ...
Phoenix New Media Announces Sale of Investment in Tadu
BEIJING, May 18, 2020 /PRNewswire/ -- Phoenix New Media Limited (NYSE: FENG) ("Phoenix New Media", "ifeng" or the "Company"), a leading new media company in China, today announced that it has sold all of its investment in Beijing Yitian Xindong Network Technology Co., Ltd. ("Yitian Xindong"), whic...
VTech Announces FY2020 Annual Results
HONG KONG, May 18, 2020 /PRNewswire/ -- * Group revenue increased by 0.2% to US$2,165.5 million * Profit attributable to shareholders of the Company grew by 11.3% to US$190.7 million * Gross profit margin increased from 29.4% to 30.6% * Dividend payout ratio reduced to 70.0% to conserve c...
Collaborate in cloud, Suzhou is going to be "pacemaker" of the world's manufacturing industry
NANJING, China, May 18, 2020 /PRNewswire/ -- On May 18, Suzhou held the "Suzhou Online Dialogue on Global Industrial Chain Collaboration". Microsoft, Adidas, Roche and other internationally well-known enterprises signed a cooperation contract with the local and make progress together, according t...
DouYu International Holdings Limited to Report First Quarter 2020 Financial Results on May 26, 2020
WUHAN, China, May 18, 2020 /PRNewswire/ -- DouYu International Holdings Limited ("DouYu" or the "Company") (Nasdaq: DOYU), a leading game-centric live streaming platform inChina and a pioneer in the eSports value chain, today announced that it plans to release its unaudited financial results for ...
Sohu.com Reports First Quarter 2020 Unaudited Financial Results
BEIJING, May 18, 2020 /PRNewswire/ -- Sohu.com Limited (NASDAQ: SOHU), China's leading online media, video, search and gaming business group, today reported unaudited financial results for the first quarter endedMarch 31, 2020. First Quarter Highlights[1] * Total revenues were US$436 million...
Bankcoin Reserve (BCR) is Becoming the Most Safe-haven Asset of the Year
MELBOURNE, Australia, May 18, 2020 /PRNewswire/ -- The first half of year 2020 is far from peace. Aside from the epidemic and natural disasters, the stock market worldwide has been going through fluctuations. Under this turbulence circumstance, the gold price rockets up and it appears that the go...
Holmusk Announces Closing of US$21.5 Million Series A Funding Round, Led by Optum Ventures & Health Catalyst Capital
SINGAPORE, LONDON and NEW YORK, May 18, 2020 /PRNewswire/ -- Holmusk, a leading data science and health technology company, today announced aUS$21.5 million funding round. The round was led by Optum Ventures (OV) and Health Catalyst Capital (HCC) and included existing investors Heritas Capital an...
"A better Wealth solution" - Crossbridge Capital boldly empowering Financial Advisors in Asia
* Crossbridge Capital is now working with powerhouse Dimensional Fund Advisors to provide a comprehensive wealth solution to financial advisors and their clients * Combines Dimensional's wealth of resources and experience with tailored investment strategies on the intuitive CONNECT by Cro...
Premia Partners celebrated strong return for China New Economy ETF and waived manager's fee for US Treasury Floating Rate ETF
HONG KONG, May 18, 2020 /PRNewswire/ -- Premia Partners the Asia ETF provider today released the following to share about a good news and a bold move: Dear Clients and Friends, In a few months it will be our fourth anniversary at Premia. While still the young David braving the world among the Go...
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