Banking/Financial Service
CICC Announces 2020 Annual Results Net Profit Achieves RMB7.21 Billion Increases by 70% Year on Year
Financial Summary In 2020, CICC posted * total revenue and other income of RMB32.40 billion, representing an increase of 42.2% year on year; * net profit(note) of RMB7.21 billion, representing an increase of 70.0% year on year; * weighted average return on net assets of 13.5%. As of Decemb...
Artmarket.com: Artprice's valuation department updates the value of 1999's five top-selling works at auction
PARIS, March 30, 2021 /PRNewswire/ -- Investing tens of millions of dollars in works by Beeple or Banksy may seem extravagant today, but acquiring the most expensive artworks is statistically a winning strategy. Academic studies[1] have shown that amasterpiece effect does indeed exist on the art ...
China Logistics Property Announces 2020 Annual Results Business Records Steadily Growth amid Pandemic
* Core operating performance continues an upward trend, revenue up 12.1% to RMB799 million, with gross profit and core net profit up 13.1% to RMB618 million and 12.3% toRMB510 million respectively. * Occupancy rate for stabilized logistics parks remains high at 90.2%; gross floor area (GFA) o...
WuXi AppTec Reports Strong 2020 Annual Results
Revenue Up 28.5% Year-over-Year to RMB16,535 Million Net Profit Attributable to Owners of the Company Up 59.6% Year-over-Year to RMB2,960 Million Diluted EPS Up 56.3% Year-over-Year to RMB1.25 Adjusted Non-IFRS Net Profit Attributable to Owners of the Company Up 48.1% Year-over-Year toRMB3,565 Mil...
New Research Paper from Kamakura Proves 1-factor Interest Rate Risk Models Underestimate Risk by 61% to 83%
Both 1-factor and "Best Practice" Models Use Modern HJM Approach NEW YORK, March 30, 2021 /PRNewswire/ -- Kamakura Corporation announced to today that it has released a new research paper which proves widely used 1-factor interest rate models underestimate interest rate risk by 61% to 83% percen...
Diebold Nixdorf Recognized by RBR as the Global Leader in Total Application and Monitoring Software for the ATM Industry
Company continues to grow its global software presence; delivering expanded transaction capabilities and enhanced user experience NORTH CANTON, Ohio, March 30, 2021 /PRNewswire/ -- Diebold Nixdorf (NYSE: DBD) was recently recognized by strategic research and consulting firm RBR in its "ATM Softw...
Innovent Announced Financial Results for Full Year Ended December 31, 2020 and Corporate Progress
SAN FRANCISCO and SUZHOU, China, March 30, 2021 /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, metabolic, autoimmune and other major disea...
Fosun International Announces 2020 Annual Results: Total Revenue Amounted to RMB136.6 Billion, Gathering Strength to Fuel Growth
2020 Annual Results Summary and Recent Highlights: * Total revenue amounted to RMB136.6 billion. Net profit attributable to owners of the parent wasRMB8.02 billion. Industrial operating profit reached RMB8.15 billion. * Global collaboration has been conducted to develop COVID-19 mRNA va...
Hong Kong's IPO market reaches historical high in terms of total proceeds for Q1 2021, finds KPMG analysis
HONG KONG, March 30, 2021 /PRNewswire/ -- Hong Kong's IPO market continued its strong momentum from the second half of last year, achieving a historic high in Q1 2021, with total funds raised hittingUSD 13.9 billion*, according to KPMG's latest analysis. The Shanghai Stock Exchange also ranked am...
Annual Conference Fuels the Growth and Foreign Investment in Guangzhou
GUANGZHOU, China, March 30, 2021 /PRNewswire/ -- As a window to showcase the country's high-quality development and achievements ofGuangzhou's reform and opening-up, the 7th Guangzhou Annual Investment Conference kicks off onMarch 30 . It offers a vital platform forChina and the outside world to d...
OANDA completes acquisition of TMS Brokers
LONDON, March 30, 2021 /PRNewswire/ -- A global leader in online multi-asset
trading services, currency data and analytics,OANDA
AXA launches AXA SmartHome Plus eVoucher
HONG KONG, March 30, 2021 /PRNewswire/ -- AXA Hong Kong and Macau ("AXA") today announced the launch of an insurance eVoucher forits award-winning home insurance - AXA SmartHome Plus, leveraging insurtech to innovate home insurance usage and distribution channel as well as helping more people's h...
Bank of Asia Being Voted the BVI Financial Services Tech Savvy Firm of the Year 2020
TORTOLA, British Virgin Islands, March 30, 2021 /PRNewswire/ -- The BVI headquartered Bank of Asia is proudly awarded the "Tech Savvy Firm of the Year" in the annual Financial Services Award hosted by BVI Finance on28 March 2021. The FinTech-enabled Bank has been recognised for its digital soluti...
Nominations Now Open for the Women of the Future Awards Southeast Asia
SINGAPORE, March 30, 2021 /PRNewswire/ -- Nominations are now open at
awards.womenofthefuture.co.uk/seasia/
Initiative to Promote Kindness in Leadership across Asia Pacific Launches
SINGAPORE, March 30, 2021 /PRNewswire/ -- The inaugural Kindness & Leadership
Asia Pacific 50 Leading Lights campaign launches today to challenge how the
business world views success and to celebrate and encourage kindness in
leadership in the region.
CPA Australia: Singapore's small businesses more resilient than counterparts in Southeast Asia
* Government stimulus helped Singapore's small business maintain resilience in 2020. * Singapore's small businesses more optimistic on growth than Asia-Pacific counterparts. * Technology innovation proving profitable for many small businesses and set to continue. SINGAPORE, March 30, 2021 /...
Renrui HR Announces 2020 Annual Results
HONG KONG, March 30, 2021 /PRNewswire/ -- Renrui Human Resources Technology Holdings Limited("Renrui HR" or the "Company", together with its subsidiaries, the "Group") (Stock Code: 6919.HK), today announced its annual results for the year ended31 December 2020 (the "year"). Summary of Key Fina...
Ascletis Announces Investment Escalation in R&D of Cancer Lipid Metabolism and Oral Checkpoint Inhibitors
* Proposed Initiation of a Pivotal Phase II Trial of ASC40 in Combination with Bevacizumab in Chinese Patients with First Relapse of High-grade Astrocytoma * In-house discovered oral PD-L1 inhibitors demonstrated favorable anti-tumor activities in the animal model compared to a marketed anti-...
Moody's Changes Zhongliang's Outlook to 'Positive' from 'Stable'
HONG KONG, March 29, 2021 /PRNewswire/ -- Zhongliang Holdings Group Company Limited ("Zhongliang Holdings" or the "Group"; stock code: 2772) is pleased to announcethat Moody's Investors Service ("Moody's") has revised its rating outlook to 'Positive' from 'Stable', reflecting Moody's expectation ...
SeABank SSB Trades on HOSE -- Capitalization exceeds USD1 billion after ATO
HANOI, Vietnam, March 29, 2021 /PRNewswire/ -- Over 1.2 billion shares of
Southeast Asia Commercial Joint Stock Bank (SeABank,Vietnam - Stock code: SSB)
opened trade on HOSE atUSD 0.73 per share.
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