Financial Services

SeABank Maintains B1 Rating from Moody's in 2020

HANOI, Vietnam, May 19, 2020 /PRNewswire/ -- Moody's - one of the three most prestigious credit rating agencies in the world announced to maintain the result of B1 long-term rating for Southeast Asia Commercial Joint Stock Bank (SeABank -Vietnam) in Moody's periodic review. This result reflects t...

2020-05-19 12:33 3452

Kantar appoints David Anjoubault as CEO Insights in Vietnam

HO CHI MINH CITY, Vietnam, May 19, 2020 /PRNewswire/ -- David Anjoubault has been appointed Chief Executive Officer for the Insights division of Kantar in Vietnam where he transfers from the company's Worldpanel division, which he led inHo Chi Minh City for the last eight years.

2020-05-19 12:08 5773

Aetna International announces partnership with leading mental well-being app Wysa, as part of enhanced mental well-being support for members during COVID-19 pandemic

SINGAPORE, May 19, 2020 /PRNewswire/ -- Aetna International has today announced that it is partnering with Wysa, a confidential and anonymous mental well-being app and service, as part of the company's ongoing efforts to address the 'second curve' of the COVID-19 pandemic, the less visible but in...

2020-05-19 10:00 3593

Eastspring Investments Berhad launches Global Balanced Fund

KUALA LUMPUR, Malaysia, May 19, 2020 /PRNewswire/ -- Eastspring Investments Berhad("Eastspring") announced the launch of the Eastspring Investments Global Balanced Target Return Fund ("Fund"). With a fund of fund strategy, the newly launched fund invests in a diversified portfolio of local and f...

2020-05-19 09:30 3016

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...

2020-05-19 08:00 2954

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, ...

2020-05-19 07:30 6343

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...

2020-05-19 06:14 1995

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...

2020-05-19 04:00 8873

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...

2020-05-18 21:00 9154

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-...

2020-05-18 20:29 6549

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...

2020-05-18 20:14 9505

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...

2020-05-18 19:02 1564

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...

2020-05-18 18:41 3725

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...

2020-05-18 18:30 8659

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, ...

2020-05-18 18:02 4594

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...

2020-05-18 18:00 9403

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...

2020-05-18 17:31 9587

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...

2020-05-18 16:36 1942

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 ...

2020-05-18 15:00 8213

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...

2020-05-18 14:00 10514

Week's Top Stories