Financial Services

FTLife achieves steady business growth in 2019, reinforcing its robust financial strength

HONG KONG, March 27, 2020 /PRNewswire/ -- FTLife Insurance Company Limited ("FTLife") is pleased to announce audited annual results for the year ended31 December 2019. Financial highlights include: * On statutory basis, gross premium grew 20% year-on-year to HK$8.7 billion, while annualised pr...

2020-03-27 18:00 4385

China's leading source for K-pop news KpopStarz releases rankings by fans of K-pop stars

BEIJING, March 27, 2020 /PRNewswire/ -- Many fans have had a change of heart about which stars they love the most, especially when it comes to their K-pop favorites, according to the latest data from KpopStarz,China's leading source for the most up-to-date news coverage of the Korean music scene....

2020-03-27 17:00 2437

UnionPay International and Prabhu Bank joint launch special offers for financial services

KATHMANDU, Nepal, March 27, 2020 /PRNewswire/ -- UnionPay International announces today its collaboration withPrabhu Bank of Nepal to launch special offers for cash withdrawal and mobile/online/card payments for this crucial period of time. From today, customers with UnionPay debit cards issued ...

2020-03-27 16:16 2209

HKEX Welcomes Its First Listing of Iron Ore Futures ETF

* New Hong Kong iron ore ETF offers investors enhanced choice in commodities trading * Strengthens Hong Kong's role as Asia's ETF market of choice HONG KONG, March 27, 2020 /PRNewswire/ -- Hong Kong Exchanges and Clearing Limited (HKEX) is pleased to today (Friday) welcome its first iron ore ...

2020-03-27 15:46 2986

PrivyID Becomes The First Indonesian Company to Join The FIDO Alliance

JAKARTA, Indonesia, March 27, 2020 /PRNewswire/ -- PrivyID, Indonesia's leading legally-binding digital signature and trusted digital identity solution provider, has officially become the first Indonesian company to become a member of the FIDO Alliance. Other notable members of the alliance inclu...

2020-03-27 13:35 2681

Labuan IBFC's Financial Services Community Band Together to Contribute to the Relief Efforts in Combating COVID-19

LABUAN, Malaysia, March 27, 2020 /PRNewswire/ -- Labuan International Business and Financial Centre, Labuan IBFC's financial services and intermediation community have come together to assist local authorities in relief efforts via the pooling of resources.

2020-03-27 12:23 5259

Supporting Smart Grid with Renewable Energy, 6 Top Startups Were Selected for the New Energy Nexus Indonesia's Incubation and Acceleration Program

JAKARTA, Indonesia, March 26, 2020 /PRNewswire/ -- Following the launch of the New Energy Nexus Indonesia Incubation Batch 1 program in 2019, New Energy Nexus Indonesia is happy to introduce the Batch 2 of the incubation program and the first acceleration in 2020. These selected companies will en...

2020-03-26 17:00 3468

OUE Group to Rebrand Mandarin Orchard Singapore as Hilton Singapore Orchard

* Transformational rebranding with addition of new income-generating spaces to drive growth in sustainable returns and value * Rebranding will allow the hotel to leverage Hilton's strong brand recognition and global sales and distribution network * Hotel set to become Hilton's flagship in Si...

2020-03-26 12:41 5573

Home Credit China Cuts Risk by 25 Percent on Consumer Loans to Thin File Applicants

BEIJING, March 26, 2020 /PRNewswire/ -- Global non-bank lender wins FICO® Decisions Award for Financial Inclusion using FICO® Score Highlights: * Home Credit has cut credit risk on point-of...

2020-03-26 08:00 3482

People management is the biggest barrier to international growth, says ADP

-- 93% of businesses say that managing employees globally limits their international expansion -- 71% agree that HR-related issues are among the most challenging barriers to expansion HONG KONG, March 26, 2020 /PRNewswire/ -- Nearly all organisations (93%) say that growing and managing their em...

2020-03-26 08:00 6606

Innovent Biologics Enters into a Collaboration with Alector to Develop and Commercialize Anti-SIRP-alpha Antibody in China

SUZHOU, China, March 26, 2020 /PRNewswire/ -- Innovent Biologics, Inc. ("Innovent" or the "Company") (HKEX: 01801), a world-class biopharmaceutical company that develops and commercializes high quality medicines for the treatment of oncology, autoimmune, metabolic and other major diseases, and A...

2020-03-26 07:00 4560

Appian Offers Credit Support to Mining Companies Through Coronavirus Crisis

LONDON, March 26, 2020 /PRNewswire/ -- Message from Appian Capital Advisory LLP ("Appian"), the investment advisor to long-term value focused private equity funds (the "Appian Funds") that invest solely in mining and mining related companies.  The spread of coronavirus has had a profound impact ...

2020-03-26 05:00 2421

China Life Insurance Company Limited Announces 2019 Annual Results (H Shares)

HONG KONG, March 25, 2020 /PRNewswire/ -- China Life Insurance Company Limited (SSE: 601628, SEHK: 2628, NYSE: LFC) announces the audited consolidated results of the Company (China Life Insurance Company Limited and its subsidiaries) for the year ended31 December 2019 (the "Reporting Period") pre...

2020-03-25 22:12 2568

Delta Capita Group Secures an Investment of $50m and Access to Over $100m Transaction Capital From Prytek Holdings

LONDON, March 25, 2020 /PRNewswire/ -- Delta Capita Group, a global consulting, solutions and managed services provider, has secured a$50m equity investment from Prytek Holdings and gained access to over$100m of capital for future acquisitions and funding for client transactions. The investment e...

2020-03-25 21:50 2036

China Renaissance Announces 2019 Annual Results

Resilient Performance and Improved Revenue Mix Demonstrate Continued Success of Business Diversification Declared First Dividend Payment to Shareholders of RMB15 Cents Per Share HONG KONG, March 25, 2020 /PRNewswire/ -- China Renaissance Holdings Limited ("China Renaissance" or the "Company"; st...

2020-03-25 20:59 7248

Lynn Shotwell Joins Worldwide ERC(R) as President & Chief Executive Officer

Distinguished International Human Resources Executive Tapped to Lead Global Mobility Trade Association Toward Shaping the Future of Work ARLINGTON, Va., March 25, 2020 /PRNewswire/ -- Worldwide ERC®, the premier trade association for talent management and global mobility knowledge and innovation...

2020-03-25 20:00 2969

CNOOC Limited: Production and Reserves Hit Record High Net Profit and Dividend Significantly Increased

HONG KONG, March 25, 2020 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) today announced its 2019 annual results for the year endedDecember 31, 2019. In 2019, CNOOC Limited has achieved remarkable results, with multiple operating indicators reached a record lev...

2020-03-25 16:45 7235

COVID-19 pandemic cuts global IPO momentum short in Q1 2020

- Despite COVID-19 concerns, Q1 deals and proceeds rose year-over-year - Industrials sector dominates with 45 IPOs raising US$6.3b YTD 2020 - IPO landscape will likely remain sluggish through Q2, looking to rebound in H2 LONDON, March 25, 2020 /PRNewswire/ -- Despite initially riding momentum c...

2020-03-25 08:01 2317

Activation Group Holdings Limited Announces 2019 Annual Results

Performance Summary 1.   Adjusted profit reported new record high      - Gross profit rose 14.9% to RMB 198 million; Adjusted profit (excluding the one-off               listing related expenses) came to RMB 71.9 million       - Gross profit margin rose by 4.7 percentage points to 29.9%; adjuste...

2020-03-24 19:04 4343

FinPoints Partners with Doo Tech to Provide Cutting-Edge Fintech

HONG KONG, March 24, 2020 /PRNewswire/ -- FinPoints today announced its partnership with internationally renowned fintech provider Doo Tech. This partnership will facilitate the enhancement and strengthening of FinPoints' offerings with the resources of a long-time fintech giant, perfectly compl...

2020-03-24 19:02 2352
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