Banking/Financial Service

Hong Kong's Fintech Velotrade Secures Funding and Partnership with Vynn Capital

KUALA LUMPUR, Malaysia, July 13, 2021 /PRNewswire/ -- Velotrade, a Hong Kong -headquartered growing leader in trade finance, has secured funding and partnership with Vynn Capital, aSoutheast Asia-focused venture capital firm with notable investments such as Carsome fromMalaysia and Travelio from ...

2021-07-13 09:00 4397

Guidepoint welcomes its newest global office in Sydney, Australia

SYDNEY, July 13, 2021 /PRNewswire/ -- Guidepoint, a leading expert network, announced today the expansion of its global footprint with the opening of its newest office inSydney, Australia. Guidepoint adds to its g...

2021-07-13 07:00 6595

Verrency announces partnership with Visa, which shall enable Visa Issuers to allow their cardholders to create their own personalised value proposition

SINGAPORE, July 13, 2021 /PRNewswire/ -- Verrency, the global payments innovation platform, has joined the Visa Fintech Connect program to deliver new hyper-personalised consumer services to card issuers across APAC markets.  As a Visa Fintech Connect partner, Verrency will deliver innovative ser...

2021-07-13 06:03 6158

The 10 Millionth Engine of GWM is Born and another 23 power plans announced

BAODING, China, July 13, 2021 /PRNewswire/ -- Recently, the 10 millionth engine of GWM's HYCET rolled off the assembly line officially, making GWM the first company with a scale of 10 million engines among Chinese auto brands. HYCET has declared that it will launch 23 engine products based on fou...

2021-07-13 01:24 56308

Moët Hennessy and Campari Group to partner in a 50/50 joint venture to create a premium pan-European Wines & Spirits e-commerce player through Tannico

PARIS, July 13, 2021 /PRNewswire/ -- Moët Hennessy and Campari Group are pleased to announce the formation of a 50/50 joint venture (JV) with the purpose of investing in Wines & Spirits e-commerce companies and build a European e-commerce pure player in this growing category. To view the Multime...

2021-07-13 01:09 3014

Tencent Cloud and Boston Consulting Group Announce Strategic Alliance

HONG KONG, July 12, 2021 /PRNewswire/ -- Enterprises around the world have been strengthening international collaboration in order to boost economic recovery in the post-pandemic era. Leveraging the innovations, resources and advantages of both parties,Tencent Cloud today announced its strategi...

2021-07-12 18:34 2269

Powered by Its Patented Technologies, uCloudlink Continues to Expand Its PaaS and SaaS Ecosystem with HyperConn™

HONG KONG, July 12, 2021 /PRNewswire/ -- As the demand for global connectivity continues to surge, UCLOUDLINK GROUP INC. (NASDAQ: UCL, "uCloudlink"), the world's first and leading mobile data traffic sharing marketplace, has harnessed a raft of proprietary technologies to redefine the network co...

2021-07-12 18:00 4754

AXA introduces "LoveAssure Critical Illness Protection" Series

HONG KONG, July 12, 2021 /PRNewswire/ -- AXA Hong Kong and Macau ("AXA") today announced the launch of "LoveAssure Plus Critical Illness Plan" and "LoveAssure Critical Illness Plan" (collectively referred as "LoveAssure Critical Illness Protection" Series or the Series), a unique comprehensive cr...

2021-07-12 17:29 2967

Bud APAC Closes First Green Financing Loan of USD500 Million to Incentivize and Accelerate its ESG Performance

HONG KONG, July 12, 2021 /PRNewswire/ -- Budweiser Brewing Company APAC ("Bud APAC", SEHK:1876) today announced the successful signing of a totalUSD500 million Sustainability-Linked Loan Revolving Credit Facilities ("Green Financing Loan") with a bank consortium led by Bank ofChina, one of the la...

2021-07-12 17:00 51797

ProfoundBio Announces Completion of More Than $55 million Series A Financing to Advance Novel Antibody-Drug Conjugate (ADC) Portfolio

WOODINVILLE, Wash. and SUZHOU, China, July 12, 2021 /PRNewswire/ -- ProfoundBio announced the closing of a $55+ million Series A financing round led byLilly Asia Venture and co-led by LYFE Capital, with participation from Sequoia Capital China and Oriza.  All investors from the Series Pre-A finan...

2021-07-12 17:00 3370

KPS Capital Partners To Acquire Controlling Stake In Tate & Lyle's Primary Products Business In North America And Latin America

New Company Will Be A Leading Manufacturer Of Plant-Based Products For The Food And Industrial Markets Company To Focus On Growth And Sustainability Tate & Lyle PLC To Retain Approximately 50% Ownership Interest NEW YORK, July 12, 2021 /PRNewswire/ -- KPS Capital Partners, LP ("KPS") announced ...

2021-07-12 14:43 10874

Everest Medicines Announces Strategic Commercial Partnership with Global Technology Company, Tencent

SHANGHAI, July 12, 2021 /PRNewswire/ -- Everest Medicines (HKEX 1952.HK), a biopharmaceutical company focused on developing and commercializing transformative pharmaceutical products that address critical unmet medical needs for patients inGreater C...

2021-07-12 12:42 5903

Nomu Pay completes acquisition of first Wirecard APAC entities

SINGAPORE, July 12, 2021 /PRNewswire/ -- Nomu Pay , a Finch Capital  funded company, today completed two transactions to acquire Wirecard Payment Solutions Malaysia and Wirecard Payment Solutions Hong Kong, and announced the appointment ofP...

2021-07-12 12:00 3695

AXA management and employees conducted beach clean-up

HONG KONG, July 12, 2021 /PRNewswire/ -- AXA Hong Kong and Macau ("AXA") has always been adhering to the purpose of "Act for human progress by protecting what matters". We support various meaningful corporate social responsibility (CSR) activities, bringing positive impact to the wider society. R...

2021-07-12 09:49 2612

Vortex Energy achieves USD 200 million first close for flagship fund 'Vortex Energy IV,' targets investments in global Energy Transition

Backed by its stellar track record in the field of renewable energy, Vortex Energy is launching this new fund to tap into the burgeoning global interest in Energy Transition ABU DHABI, UAE, July 12, 2021 /PRNewswire/ -- Vortex Energy, a global renewable energy platform managed by the private equ...

2021-07-12 09:00 2686

QNB expands its footprint in Asia with Hong Kong branch opening

DOHA, Qatar, July 12, 2021 /PRNewswire/ -- QNB Group, the largest financial institution in theMiddle East and Africa, has opened officially its branch in Hong Kong, one of the world's prominent global financial hubs. ...

2021-07-12 08:54 3703

Blockchain ride-hailing app Tada moves to greener Tezos technology

SEOUL, South Korea, July 12, 2021 /PRNewswire/ -- MVL Foundation Pte. Ltd has partnered with TZ APAC – a leadingAsia-based public blockchain adoption entity for the Tezos ecosystem – to develop its data business with hybrid blockchain technology, utilizing both Hyperledger Fabric and the Tezos pu...

2021-07-12 08:34 3451

Innovent Announces the First Patient Dosed in the Phase 1 Study of IBI323 (Anti-LAG-3/PD-L1 Bispecific Antibody) in Patients with Advanced Malignant Tumors

SAN FRANCISCO and SUZHOU, China, July 12, 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 diseas...

2021-07-12 08:12 5294

St Kitts and Nevis Announces $15 Million Income Support Programme to Financially Support Citizens During Pandemic

LONDON, July 12, 2021 /PRNewswire/ -- During the course of the COVID-19 pandemic, the government ofSt Kitts and Nevis has ensured that its citizens are financially supported by introducing a series of fiscal strategies. Recently, the government announced a monumental$15 million income support pro...

2021-07-12 08:00 3508

Tricor Group Signs a Sale and Purchase Agreement to Acquire NZGT Holding Company Limited Expanding Corporate Trust Business and Broadening APAC Footprint Covering New Zealand

HONG KONG, July 12, 2021 /PRNewswire/ -- Tricor Group  (Tricor), Asia's leading business expansion specialist, has signed a sale and purchase agreement to acquire NZGT Holding Company Limited (NZGT Holdings) together with its wholly owned subsidiariesThe New Zealan...

2021-07-12 08:00 4276
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