Banking/Financial Service
Samsung Biologics reaches agreement with Biogen to acquire full ownership of Samsung Bioepis
* Agreement with Biogen to buyout Biogen's (50% -1 share) stake in Samsung Bioepis Joint Venture for up to USD$2.3 billion * Transaction projected to be accretive to earnings in 2022 and thereafter, fully capitalizing on the high growth potential of Samsung Bioepis * Expected to accelerate g...
2022-01-28 08:10
2292
Zenix Consummates the Going Private Transaction
BEIJING, Jan. 27, 2022 /PRNewswire/ -- China Zenix Auto International Limited (OTC: ZXAIY) (the "Company"), one of the largest commercial vehicle wheel manufacturers inChina in both the aftermarket and OEM market by sales volume, today announced the completion of its merger (the "Merger") with Ne...
2022-01-28 05:10
5531
Hyundai Mobis invests in high-resolution radar startup to accelerate Level 4 or higher autonomous driving
* Investing significant amount in Zendar to develop high-resolution 'imaging radar.' * Achieving high performance radar comparable to Lidar, which can fulfill level 4 or higher-level driving automation. * Enhancing future competitiveness by securing sensor technologies for cameras, radars a...
2022-01-28 01:00
2516
GTJAI announces HKD70.1 bln green, sustainable bonds underwriting for 2021
SHANGHAI, Jan. 27, 2022 /PRNewswire/ -- Guotai Junan International (GTJAI: 01788.HK), the first mover for internationalization among Chinese securities brokers, announced Thursday that the company participated in underwriting70.1 billion Hong Kong dollars of green bonds and sustainable bonds issu...
2022-01-27 16:46
5405
Puxin Limited Announces Change to American Depositary Share Ratio
BEIJING, Jan. 27, 2022 /PRNewswire/ -- Puxin Limited (NYSE: NEW) ("Puxin" or the "Company"), today announced that it will change the effective date of its change to the ratio of its American depositary shares ("ADSs"). OnJanuary 21, 2022, Puxin announced that it intended to change the ratio of it...
2022-01-27 15:00
5605
Asia facing 'triple policy challenge' to long-term growth, new Asia House report finds
LONDON, Jan. 26, 2022 /PRNewswire/ -- Asia is facing a triple policy challenge that could see even the region's fastest-growing economies fall into the 'middle-income trap', according to new research byAsia House. The report highlights Asia's position at a crossroads, with countries' trajectorie...
2022-01-27 07:53
1974
China Jo-Jo Drugstores Granted Extension to Meet Nasdaq Minimum Bid Price Requirement
HANGZHOU, China, Jan. 26, 2022 /PRNewswire/ -- China Jo-Jo Drugstores, Inc. (NASDAQ: CJJD) ("Jo-Jo Drugstores" or the "Company"), a leading online and offline retailer, wholesale distributor of pharmaceutical and other healthcare products and healthcare provider inChina, today announced that on J...
2022-01-26 21:00
4448
Meten Holding Group Ltd. Launches the Trial of Metaverse Vocational Education Courses
SHENZHEN, China, Jan. 26, 2022 /PRNewswire/ -- Meten Holding Group Ltd. ("Meten Holding Group" or the "Company") (NASDAQ: METX), one of the leading omnichannel English language training ("ELT") service providers inChina, today announced the Company has launched the trial of its Metaverse vocation...
2022-01-26 21:00
5378
HotForex Granted License by the Capital Markets Authority (CMA) of Kenya
The latest prestigious license from the Capital Markets Authority (CMA) of Kenya solidifies the HotForex brand's commitment to offering clients around the world the highest levels of security. PORT LUIS, Mauritius, Jan. 26, 2022 /PRNewswire/ -- The HF Markets Group has announced today that the ...
2022-01-26 19:30
5716
JIDU Raises Nearly $400 Million in Series A Financing, Mass-produced Models to Be Launched in 2023
BEIJING, Jan. 26, 2022 /PRNewswire/ – Baidu's intelligent electric vehicle arm JIDU announced that it has closed Series A financing, raising nearly$400 million . This round of financing was backed by Baidu and its strategic partner multinational auto manufacturer Zhejiang Geely Holding Group ("Gee...
2022-01-26 17:36
5194
Chunghwa Telecom Reports Un-Audited Consolidated Operating Results for the Fourth Quarter and Full Year of 2021
TAIPEI, Jan. 26, 2022 /PRNewswire/ -- Chunghwa Telecom Co., Ltd. (TAIEX: 2412, NYSE: CHT) ("Chunghwa" or "the Company") today reported its un-audited operating results for the fourth quarter and full year of 2021. All figures were prepared in accordance with Taiwan-International Financial Reporti...
2022-01-26 17:26
5340
Haitong International Completes its First U.S. SPAC deal for Keyarch Acquisition
HONG KONG, Jan. 25, 2022 /PRNewswire/ -- Haitong International Securities Group Limited ("Haitong International"; Stock Code: 665.HK) today announced that it has completed an IPO deal for Keyarch Acquisition Corporation ("Keyarch Acquisition" or "The Company", Stock Code: KYCHU), which listed o...
2022-01-26 12:17
4840
Asia Alternatives Announces Fund Closings of US$2 billion
BEIJING and HONG KONG and TOKYO and SAN FRANCISCO, Jan. 25, 2022 /PRNewswire/ -- Asia Alternatives, one of the largest independent Asian private equity fund-of-funds, today announced the final close ofUS$2 billion in new commitments across Asia Alternatives Capital Partners VI, LP and several fun...
2022-01-26 07:00
2045
GigaMedia Announces Partial Conversion of Convertible Note of Aeolus Robotics Corporation
TAIPEI, Jan. 25, 2022 /PRNewswire/ -- GigaMedia Limited (NASDAQ: GIGM) today announced that, onJanuary 21, 2022, the Company has received the certificates of the 735,835 shares of the Series B preferred shares issued by Aeolus Robotics Corporation ("Aeolus"), as a result of its conversion of 20% ...
2022-01-25 22:00
5326
Senmiao Technology Launches Ride-Hailing Platform in Shenyang, A Major City in Northeast China
CHENGDU, China, Jan. 25, 2022 /PRNewswire/ -- Senmiao Technology Limited ("Senmiao" or the "Company") (Nasdaq: AIHS), a financing and servicing company focusing on the online ride-hailing industry inChina as well as an operator of its own online ride-hailing platform, today announced the launch o...
2022-01-25 22:00
4337
AgriTech Startup Greenlabs Bags $140M Series C to Accelerate Global Expansion
SEOUL, South Korea, Jan. 25, 2022 /PRNewswire/ -- Greenlabs, a startup member of Born2Global Centre, has announced that it has raised $140M in a Series C funding round to accelerate its global expansion. Three institutional investors participated in the latest round:BRV Capital Management; Skylake...
2022-01-25 21:30
2706
Ambow and North China University of Technology Launch Microelectronics Talent Cultivation Center
BEIJING, Jan. 25, 2022 /PRNewswire/ -- Ambow Education Holding Ltd. ("Ambow" or the "Company") (NYSE American: AMBO), a leading cross-border career educational and technology service provider, today announced the official opening of its Microelectronics Talent Cultivation Center (the "Center"). F...
2022-01-25 21:30
3797
Nisun-Controlled Henan Fintech Enters into Share Acquisition Agreement with Youjiatian
SHANGHAI, Jan. 25, 2022 /PRNewswire/ -- Nisun International Enterprise Development Group Co., Ltd ("Nisun" or the "Company") (Nasdaq: NISN), a provider of innovative comprehensive solutions through an integration of technology, industry, and finance, announced that onJanuary 14, 2022, Fintech ( H...
2022-01-25 21:00
3570
iClick Appoints Mr. David Zhang as Chief Financial Officer and Board Director
HONG KONG, Jan. 25, 2022 /PRNewswire/ -- iClick Interactive Asia Group Limited, (NASDAQ: ICLK, "iClick" or the "Company"), a leading enterprise and marketing cloud platform in China that empowers worldwide brands with full-stack consumer lifecycle solutions, appointed Mr.David Tiezhu Zhang as Chi...
2022-01-25 21:00
3762
Greenland Announces Formal Selection of Maryland for Major U.S. Manufacturing Expansion
EAST WINDSOR, N.J., Jan. 25, 2022 /PRNewswire/ -- Greenland Technologies Holding Corporation (NASDAQ: GTEC) ("Greenland" or the "Company"), a technology developer and manufacturer of electric industrial vehicles and drivetrain systems for material handling machineries and vehicles, today announce...
2022-01-25 21:00
3227
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