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Renren Announces Formation of Special Committee and Receipt of Preliminary Non-binding Proposal
BEIJING, Dec. 22, 2016 /PRNewswire/ -- Renren Inc. (NYSE: RENN) ("Renren" or the "Company"), a leading real-name social networking internet platform in China, today announced that the board of directors of the Company has formed a special committee to review the terms of a proposed spin-off. As prev...
Collaborations with Technology Providers Offer European Automotive OEMs New Growth Opportunities
LONDON, Dec. 22, 2016 /PRNewswire/ -- Improvements in advanced driver assistance system (ADAS) sensors are driving automation features in original equipment manufacturer (OEM) vehicles. By collaborating with leading technology providers in the autonomous driving space, OEMs have an opportunity to...
Mobile Advertising Network Yeahmobi Raises About $100 Million in Funding for Expansion
XI'AN, China, Dec. 22, 2016 /PRNewswire/ -- Mobile performance marketing network Yeahmobi has just raisedRMB 639 million (about $100 million), to bolster its global expansion. TheXi'an, China-based company is now valued at aboutRMB 5 billion (about $720 million). Investors in the private placem...
Hertz Global Becomes Cathay Pacific's Exclusive Car Rental Service Provider and Celebrates the Agreement with Special Promotion
LONDON, Dec. 22, 2016 /PRNewswire/ -- Hertz Global (NYSE:HTZ) has become the exclusive car rental service provider ofHong Kong-based international carrier Cathay Pacific, following the signing of a two year agreement between the companies. As part of the agreement, the car rental company has laun...
Enhanced Regent Insurance Plan from FTLife Offers Total Return of Up to 5.9% Per Annum
HONG KONG, Dec. 22, 2016 /PRNewswire/ -- The Hong Kong Monetary Authority followed last week's 0.25% hike in the US interest rate with an increase in base rate that had a negligible effect onHong Kong's near-zero interest rate environment. For this reason, FTLife is pleased to introduce an enhanc...
Next Entertainment Completes USD25 Million Series A Financing for New Live Streaming App MeMe
TAIPEI, , Dec. 22, 2016 /PRNewswire/ -- Next Entertainment, a Taiwan based global live broadcasting platform company, recently completed USD25 million in Series A financing for its newly launched live streaming service MeMe. The project's lead investor is Inke, China's number 1 live streaming app, ...
DHL Named Dell EMC 2016 Best Global Innovative Partner and Best Global Transport Logistics Partner of the Year
SINGAPORE, Dec. 22, 2016 /PRNewswire/ -- DHL, the world's leading logistics
provider, today announced it has been named a winner in Dell EMC's 2016 Partner
of the Year Awards.
Milliman: Asian insurance market sees positive embedded value results in first half of 2016, despite headwinds
HONG KONG, Dec. 22, 2016 /PRNewswire/ -- Milliman, Inc., a premier global consulting and actuarial firm, today released an updated report examining trends in the embedded value (EV) results for the 17 major insurance companies inAsia that published EVs as of mid-year 2016. For the first half of 2...
Geoswift Adopts Thomson Reuters Suite of Risk and Compliance Solutions
HONG KONG, Dec. 22, 2016 /PRNewswire/ -- Geoswift, a leading provider of cross-border payment solutions betweenChina and the rest of the world has adopted Thomson Reuters risk and compliance solutions Transaction Monitoring with Screening Deployed and World-Check. The selection demonstrates the ...
International Securities Firm Tiger Brokers' Expansion into Singapore Gives Local Investors Access to Low-commission Cross-border Investment Choices
SINGAPORE, Dec. 22, 2016 /PRNewswire/ -- Leading China-based international securities firm Tiger Brokers further expanded its presence inAsia, on the heels of the firm's explosive growth inmainland China. The latest version of Tiger Trade, its one-stop trading platform for global asset allocation...
China HGS Reports Full Year Financial Results for the Fiscal Year 2016
HANZHONG, China, Dec. 21, 2016 /PRNewswire/ -- China HGS Real Estate Inc. (NASDAQ: HGSH) ("China HGS" or the "Company"), a leading regional real estate developer headquartered in Hanzhong City, Shaanxi Province, China, today filed its Annual Report on Form 10-K for the fiscal year 2016 ended Septemb...
Advancements in Sensors and Converging Technologies Enable Real-time Diagnostics Using Tire and Wheel Equipment
SANTA CLARA, Calif., Dec. 21, 2016 /PRNewswire/ -- Technology convergence is helping scale down large wheel and tire diagnostic garage equipment tools to fit within automobiles. Optimization will create smaller, sophisticated products that utilize sensor-based applications to diagnose real-time s...
Nanotechnology to Increase Cost Efficiency by Streamlining Global Medical Devices Value Chain
SANTA CLARA, Calif., Dec. 21, 2016 /PRNewswire/ -- Nanotechnology-based medical devices reduce costs across supply and demand value chains, as they firmly place the bargaining power in the hands of large medical device manufacturing companies. By incorporating nanotechnology into their products, ...
2016 China Cross-Border E-commerce Report Released by Tsinghua University, the China Central University of Finance and Economics, and DHgate.com
BEIJING, Dec. 21, 2016 /PRNewswire/ -- Leading Chinese B2B cross-border e-commerce firm DHgate.com, Tsinghua University, and the China Central University of Finance and Economics present the 2016 China Cross-Border E-commerce (Export B2B) Report, which can be downloaded for free HERE. This report ...
Recon Technology Retains The Equity Group to Provide Investor Relations Services
BEIJING, Dec. 21, 2016 /PRNewswire/ -- Recon Technology, Ltd. (NASDAQ:RCON), ("Recon" or the "Company"), a leading independent oilfield services provider operating primarily in China, today announced that it has retained The Equity Group Inc. of New York, NY to provide investor relations services. ...
Puji Capital Enters into eSports Industry with Investment into aXiomatic
HONG KONG, Dec. 21, 2016 /PRNewswire/ -- Puji Capital is continuing its support and investment holdings in global digital media and entertainment companies by making a strategic investment into the eSports industry. The Asia-based investment company on Wednesday made an announcement of its lates...
Hong Kong Sanatorium & Hospital to Acquire Three Radixact(TM) Systems
SUNNYVALE, Calif., Dec. 21, 2016 /PRNewswire/ -- Accuray Incorporated (NASDAQ: ARAY) has signed an agreement with Hong Kong Sanatorium & Hospital (HKSH) for the acquisition of three Radixact™ Systems that will provide clinicians and their patients with access to the newest advanced radiation ther...
SORL Increases Guidance for the 2016 Fiscal Year
ZHEJIANG, China, Dec. 21, 2016 /PRNewswire/ -- SORL Auto Parts, Inc. (NASDAQ: SORL) ("SORL" or the "Company"), a leading manufacturer and distributor of automotive brake systems as well as other key safety-related auto parts in China, announced increased guidance for the fiscal 2016 year to net sale...
As China's Family-consumption Power Soars Investment Flocks into Related Business: Babytree Receives 3.3 Billion yuan Investment from Fosun
SHANGHAI, Dec. 21, 2016 /PRNewswire/ -- Babytree, a leader of the country's booming family-consumption business generates investor interest and attracts funding, disregard "severe winter" in China's equity financing market. Many key players in the country's investment industry, including Tomorrow A...
BDB Prepares a Special Christmas Surprise for Online Traders
LIMASSOL, Cyprus, Dec. 21, 2016 /PRNewswire/ -- One of the leading binary options brokerage firms, Banc De Binary Ltd., is to launch a highly attractive Christmas promotion, which will take placebetween December 22nd and December 31st, 2016. BDB joins the festive holiday spirit with a special hol...
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