Financial Services
IT Tech Packaging, Inc. Signs Letter of Intent to Acquire Intelligent Healthcare IT Solution Provider
BAODING, China, May 27, 2020 /PRNewswire/ -- IT Tech Packaging, Inc. (NYSE MKT: ITP) ("IT Tech Packaging" or "the Company"), a leading manufacturer and distributor of diversified paper products inNorth China, today announced that its operating entity inChina, Hebei Baoding Dongfang Paper Milling ...
Hong Kong is number one in Asia for enterprise encryption, with customer personal information the top data protection priority, reports nCipher Security
HONG KONG, May 27, 2020 /PRNewswire/ -- nCipher Security
BMO Financial Group Declares Dividends
TORONTO, May 27, 2020 /PRNewswire/ -- Bank of Montreal (TSX:BMO) (NYSE:BMO) today announced that its Board of Directors declared a quarterly dividend of $1.06 per share on paid-up common shares of Bank of Montreal for the third quarter of fiscal year 2020 ("Q3 2020 Dividend"), unchanged from the p...
Nuance Voice Biometrics Quickly Identifies Customers and Strengthens Security for National Australia Bank
Millions of phone banking customers benefit from fast, safe and simple verification process while removing the need to worry about passwords or security questions BURLINGTON, Massachusetts and SYDNEY, May 27, 2020 /PRNewswire/ -- Nuance® Communications, Inc. (NASDAQ: NUAN) today announced that N...
BMO Financial Group Reports Second Quarter 2020 Results
Financial Results Highlights Second Quarter 2020 Compared With Second Quarter 2019: * Net income of $689 million, compared with $1,497 million; adjusted net income[1] of $715 million, compared with $1,522 million * Reported EPS[2] of $1.00, compared with $2.26; adjusted EPS[1,2] of $1.04, co...
Weidai Ltd. Announces Full Year 2019 Financial Results
HANGZHOU, China, May 27, 2020 /PRNewswire/ -- Weidai Ltd. ("Weidai" or the "Company") (NYSE: WEI), a leading auto-backed financing solution provider in China, today announced its financial results for the full year ended December 31, 2019, which have not been audited or reviewed by the Company's i...
Sunlands Technology Group Announces Unaudited First Quarter 2020 Financial Results
BEIJING, May 27, 2020 /PRNewswire/ -- Sunlands Technology Group (NYSE: STG) ("Sunlands" or the "Company"), a leader inChina's online post-secondary and professional education, today announced its unaudited financial results for the first quarter ended March 31, 2020. First Quarter 2020 Financial...
Chengdu is Becoming the Engine Driving Development in China
CHEUNGDU, China, May 27, 2020 /PRNewswire/ -- On April 28, the official website of Sichuan Provincial Government released the Reply and Approval from Sichuan Provincial People's Government for the Founding of the Eastern Chengdu New Area. According to the document, the Chengdu Eastern New Area wi...
Yintech Reports First Quarter 2020 Unaudited Financial Results
SHANGHAI, May 27, 2020 /PRNewswire/ -- Yintech Investment Holdings Limited (NASDAQ: YIN) ("Yintech" or the "Company"), a leading provider of investment and trading services for individual investors inChina, today announced its unaudited financial results for the first quarter of 2020. First Quar...
FinVolution Group Reports First Quarter 2020 Unaudited Financial Results
SHANGHAI, May 27, 2020 /PRNewswire/ -- FinVolution Group ("FinVolution," or the "Company") (NYSE: FINV), a leading fintech platform inChina, today announced its unaudited financial results for the first quarter endedMarch 31, 2020. As of March 31, 2019 December 31, 2019 March 31, 2020 Cumul...
Tencent Signs Memorandum of Understanding with China Construction Bank Corporation Labuan Branch in Malaysia
KUALA LUMPUR, Malaysia, May 27, 2020 /PRNewswire/ -- Tencent, a leading provider of Internet value-added services inChina, today announced the signing of a Memorandum of Understanding (MoU) withChina Construction Bank Corporation Labuan Branch (CCB Labuan)in Malaysia, boosting the digital banking...
Barry Callebaut to acquire GKC Foods in Australia
* Acquisition establishes Barry Callebaut's direct presence and manufacturing capacity inAustralia to cater for the Australian and New Zealand markets * Investment involves upgrading the factory and installing a new chocolate production line * GKC Foods is a privately-owned B2B chocolate m...
HKEX Signs Agreement with MSCI to License Indexes to Launch Asia and Emerging Markets Futures and Options Contracts
HONG KONG, May 27, 2020 /PRNewswire/ -- Hong Kong Exchanges and Clearing Limited (HKEX) is today pleased to announce that its wholly owned subsidiary, Hong Kong Futures Exchange Limited, has signed a major licensing agreement with MSCI Inc. (NYSE: MSCI), a leading provider of mission critical dec...
Manulife Gives "Thank You Day" Off to Employees in 2020; Five Additional Personal Days in 2021
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO, May 27, 2020 /PRNewswire/ -- Manulife and John Hancock will be giving its more than 35,000 employees a "Thank You Day" off onFriday, June 19 this year in appreciation of all the hard work they've done serving customers and help...
Oi Wah recorded 6.5% growth of net profit in FY2020
Financial Highlights For the year ended 29 Feb HK$ 2020 2021 Change Revenue 223,959 224,763 -0.4% Net interest margin 13.1% 12.4% +0.7 p.pt. Profit before taxation 128,282 121,566 +5.5% Pro...
Wins Finance Holdings Inc. Receives Delisting Determination Letter from Nasdaq
BEIJING and NEW YORK, May 26, 2020 /PRNewswire/ -- Wins Finance Holdings Inc. ("Wins Finance" or the "Company") (NASDAQ: WINS), a diversified investment and asset management company that provides integrated financing solutions to small and medium enterprises ("SMEs") inChina, today announced that...
High-Tech Business Leader and Speech Recognition Expert Steven Chambers Joins Kasisto's Board of Directors
As Kasisto expands and extends the reach of its industry leading Conversational AI technology, Mr. Chambers will provide invaluable expertise in helping to shape the company's go to market initiatives NEW YORK, May 26, 2020 /PRNewswire/ -- Kasisto, creators of KAI, the leading digital experienc...
China Online Education Group Announces First Quarter 2020 Results
BEIJING, May 26, 2020 /PRNewswire/ -- China Online Education Group ("51Talk" or the "Company") (NYSE:COE), a leading online education platform inChina, with core expertise in English education, announced its unaudited financial results for the first quarter ended March 31, 2020. First Quarter 20...
CNFinance Announces First Quarter 2020 Unaudited Financial Results
GUANGZHOU, China, May 26, 2020 /PRNewswire/ -- CNFinance Holdings Limited (NYSE: CNF) ("CNFinance" or the "Company"), a leading home equity loan service provider inChina, today announced its unaudited financial results for the first quarter endedMarch 31, 2020. First Quarter 2020 Operational and...
COVID-19 accelerating four key fundamental retail trends, finds KPMG report
HONG KONG, May 26, 2020 /PRNewswire/ -- Retail markets around the world are changing and the retail industry is evolving, while facing massive challenges as a result of the COVID-19 crisis. However, the pandemic has accelerated -- rather than stopped -- key underlying fundamental trends that were...
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