Financial Services
Tier IV Raises Over $100 Million in Series A Round
TOKYO, July 3, 2019 /PRNewswire/ -- Tier IV, Inc., the open-source self-driving startup based inJapan, today announced that it has raised over $100 million in total in a Series A funding round to facilitate commercialization of self-driving technology in (i) private areas, (ii) depopulated areas,...
Senmiao Technology Reports Financial Results for Fourth Fiscal Quarter and Fiscal Year 2019
CHENGDU, China, July 3, 2019 /PRNewswire/ -- Senmiao Technology Limited (NASDAQ: AIHS) ("Senmiao"), a provider of automobile transaction and related services and an operator of an online lending marketplace connecting Chinese investors with individual and small-to-medium-sized enterprise borrowe...
ARAG Launches Operations in Australia
SYDNEY and DÜSSELDORF, Germany, July 3, 2019 /PRNewswire/ -- The ARAG Group partners with HDI Global Specialty SE – Australia and continues to pursue its international expansion. ARAG Services Australia Pty Ltd is a wholly owned subsidiary of the German ARAG Group and starting operations as an un...
Together With Financial Institutions, the "E-order" of LianLian Digital Would Invest More Funds on Cross-border E-commerce Financial Services
HANGZHOU, China, July 2, 2019 /PRNewswire/ -- On June 28, at the fourth Global Cross-border E-commerce Summit, Cross-border Financial Services Forum, LianLian Digital announced that, its cross-border financial online technical solutions "E-order" and "E-credit" will be engaged in helping cross-bo...
Qudian Inc. Announces Closing of Convertible Senior Notes Offering and Full Exercise of Green Shoe
XIAMEN, China, July 1, 2019 /PRNewswire/ -- Qudian Inc. ("Qudian" or the "Company") (NYSE: QD), a leading provider of online small consumer credit products in China, today closed its previously announced offering ofUS$300 million in aggregate principal amount of convertible senior notes due 2026 ...
Hexindai to Launch Consumer Installment Financing Platform
BEIJING, July 1, 2019 /PRNewswire/ -- Hexindai Inc. (NASDAQ: HX) ("Hexindai" or the "Company"), a fast-growing consumer lending marketplace inChina, today announced that it will further diversify its business by launching a new e-commerce installment financing platform "Hexin Installments". The ...
MMTEC, INC. Announces Acquisition of a 49% Interest In a Newly-Formed Entity called Xchain Fintech PTE.LTD., Singapore corporation
BEIJING, July 1, 2019 /PRNewswire/ -- MMTEC, Inc. (Nasdaq:MTC) ("MMTec" or the "Company") aChina based technology company that provides access to the U.S. financial markets, announces the acquisition of a 49% interest in a newly-formed entity called Xchain Fintech PTE.LTD.,Singapore corporation. ...
China-Russia-Mongolia Trade Fair Unveils in Hailar
HAILAR, China, July 1, 2019 /PRNewswire/ -- The 15th China-Russia-Mongolia
Economic and Trade Fair in conjunction with a commercial products exhibition
opened in Hailar, Hulunbuir onJune 29.
Points (Guangzhishu Tech) Awarded as Technology Pioneer by World Economic Forum
* The World Economic Forum has announced its selection of the 56 most promising Technology Pioneers of 2019 who are shaping industries from agriculture and cleantech to modern policing and many more. * Companies were selected for their potential to "transform their industries" and "improve so...
The First China-Africa Economic and Trade Expo Held Successfully in Hunan
CHANGSHA, China, July 1, 2019 /PRNewswire/ -- Hosted in Changsha city, located centralChina's Hunan Province from June 27 to 29, the first China-Africa Economic and Trade Expo (CAETE) attracted more than 1,600 guests from 53 African countries and over 3,500 Chinese and foreign exhibitors, buyers ...
KJK Sports Announces the Signing of an Agreement for the Purchase of 100% of Baltic Bicycle Trade UAB
LUXEMBOURG, July 1, 2019 /PRNewswire/ -- KJK Fund III S.C.A. SICAV-RAIF, as advised by KJK Management SA, and acting through its wholly-ownedLuxembourg -based sporting goods investment company, KJK Sports (all together "KJK"), is pleased to announce that it has signed a definitive agreement with A...
Pintec Unveils New Brand Logo to Highlight Connections with Partners
BEIJING, June 30, 2019 /PRNewswire/ -- Pintec Technology Holdings Ltd. ("Pintec"; NASDAQ: PT), a leading independent fintech solutions provider, today unveiled a new brand logo designed to better communicate Pintec's brand vision of applying technology to connect and serve partners. Pintec's new...
Result of Annual General Meeting Held on 28 June 2019
TAIPEI, , June 28, 2019 /PRNewswire/ -- GigaMedia Limited (NASDAQ: GIGM), a digital entertainment services provider, wishes to announce that at the Annual General Meeting ("AGM") of the Company held on28 June 2019, all resolutions relating to the matters set out in the Notice of AGM dated 15 May ...
Phoenix New Media Announces Update on Proposed Sale of Investment in Particle
BEIJING, June 28, 2019 /PRNewswire/ -- Phoenix New Media Limited ("Phoenix New Media", "ifeng" or the "Company") (NYSE: FENG), a leading new media company in China, today announced certain update on the proposed sale of 32% of the total outstanding shares of Particle Inc. ("Particle") to Run Liang...
Major Operating Entity of IT Tech Packaging, Inc. Enters Into Definitive Agreement To Acquire Hebei Tengsheng Paper Co. Ltd.
BAODING, China, June 27 2019 /PRNewswire/ -- IT Tech Packaging, Inc. (NYSE MKT: ITP) ("IT Tech Packaging" or "the Company"), a leading manufacturer and distributor of diversified paper products inNorth China, today announced that Hebei Baoding Dongfang Paper Milling Company Limited ("Dongfang Pap...
FountainCap attended The Asset award ceremony and won the "Asset Management Company of the Year, China Offshore Equity" award
HONG KONG, June 27, 2019 /PRNewswire/ -- FountainCap Research & Investment ( Hong Kong) Co., Ltd. (referred to as 'FountainCap') attended the 10th Asset Servicing - Fund Management and Investors award ceremony held by "The Asset". FountainCap is proud to win the "Asset Management Company of the Ye...
TAL Education Group to Announce First Quarter of Fiscal Year 2020 Financial Results on July 25, 2019
BEIJING, June 27, 2019 /PRNewswire/ -- TAL Education Group ("TAL" or the "Company") (NYSE: TAL), a leading K-12 after-school tutoring services provider inChina, today announced that it will release its unaudited financial results for the first quarter of fiscal year 2020 endedMay 31, 2019, before...
Qudian Inc. Announces Pricing of Offering of US$300 Million Convertible Senior Notes
XIAMEN, China, June 27, 2019 /PRNewswire/ -- Qudian Inc. ("Qudian" or the "Company") (NYSE: QD), a leading provider of online small consumer credit products in China, today announced the pricing of its previously announced offering (the "Notes Offering") ofUS$300 million in aggregate principal am...
Weibo Announces Pricing of US$800 Million Notes Offering
BEIJING, China, June 26, 2019 /PRNewswire/ -- Weibo Corporation ("Weibo" or the "Company") (Nasdaq: WB), a leading social media inChina, today announced the pricing of its public offering ofUS$800 million aggregate principal amount of its 3.500% notes due 2024. The notes have been registered unde...
Ossen Innovation Announces Loan Financing of its Jiujiang Subsidiary
SHANGHAI, June 26, 2019 /PRNewswire/ -- Ossen Innovation Co., Ltd. ("Ossen Innovation" or the "Company") (Nasdaq: OSN), aChina-based manufacturer of an array of plain surface, rare earth and zinc coated pre-stressed steel materials, today announced that its subsidiary, Ossen (Jiujiang) Innovation...
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