Banking/Financial Service
Ping An Consumer Finance Launches, Expanding Footprint in Financial Services Sector
HONG KONG and SHANGHAI, April 24, 2020 /PRNewswire/ -- Ping An Insurance (Group) Company ofChina, Ltd. (hereafter "Ping An" or the "Group", HKEx:2318; SSE:601318) announced the launch of Ping An Consumer Finance Co., Ltd. (Ping An Consumer Finance) inShanghai upon approval from the China Banking ...
Veoneer to Focus on Core Electronics Business
STOCKHOLM, April 24, 2020 /PRNewswire/ -- The automotive technology company, Veoneer, Inc.(NYSE: VNE) and (SSE: VNE SDB), has, following a strategic review, decided to exit the brake control business and has signed a non-binding agreement with a well-established automotive supplier to divest Veon...
Ping An Becomes First Chinese Company to Join UN Principles for Sustainable Insurance; Sustainable Insurance Insured Amount Surpasses RMB121 Trillion
HONG KONG and SHANGHAI, April 23, 2020 /PRNewswire/ -- Ping An Insurance (Group) Company ofChina, Ltd. (hereafter "Ping An", the "Company" or the "Group", HKEx:2318; SSE:601318) announced thatPing An has become a signatory of the Principles for Sustainable Insurance (PSI), a global sustainability...
Sunray Engineering Group Limited trading debut closed at HK$0.51 per share with an increase of around 112.5% as compared to the final offer price
HONG KONG, April 23, 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, announces its successful listing on the GEM of The Stock Exchange of Hong...
Ping An Reports YoY Growth of 5.3% in Operating Profit Attributable to Shareholders of the Parent Company in Q1 2020
HONG KONG and SHANGHAI, April 23, 2020 /PRNewswire/ -- Ping An Insurance (Group) Company ofChina, Ltd. (hereafter "Ping An," the "Group" or the "Company," HKEX:2318; SSE:601318) announced today its first quarter financial results for the three months ended31 March 2020. Amid the COVID-19-induced...
EPFR's New China Share Class Allocations Dataset Offers Unique View into Chinese Markets
BOSTON, April 23, 2020 /PRNewswire/ -- EPFR, a subsidiary of Informa Financial Intelligence and worldwide industry leader in providing fund flows and allocation data to financial institutions, today announced the launch of their 'China Share Class Allocations' dataset. This new dataset closes a c...
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 ...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
RattanIndia Finance Wins the Celent Model Bank Award 2020 for Retail Lending Powered by Nucleus FinnOne Neo
NEW DELHI, April 22, 2020 /PRNewswire/ -- Celent
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...
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...
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