Investment & Financing
Foshan Launches China's Hollywood
FOSHAN, China, Dec. 23, 2016 /PRNewswire/ -- Guangdong's Foshan will soon become a center producing world-class Chinese films. The news comes in the wake of a strategic and historic deal struck by Guangdong Publicity Department, Foshan Municipal Government, and Zhujiang Film Group on Dec. 22. The t...
Renren Announces Posting of Q&A Regarding Proposed Spin-off
BEIJING, Dec. 23, 2016 /PRNewswire/ -- Renren Inc. (NYSE: RENN) ("Renren" or the "Company"), a leading real-name social networking internet platform in China, today announced that it has posted a Q&A on its website to respond to some of the questions that it has received about its proposed spin-...
FEC Announces Entry into UK Car Parking Business
HONG KONG, Dec. 23, 2016 /PRNewswire/ -- Far East Consortium International Limited ("FEC" or the "Group") (SEHK: 35) is delighted to announce that the Group has completed the purchase of a car park in the vicinity of the Manchester Airport in theUnited Kingdom (the "Car Park") at a consideration ...
ApolloMed And Network Medical Management Announce Transformational Merger
GLENDALE, Calif., Dec. 23, 2016 /PRNewswire/ -- Apollo Medical Holdings, Inc.
American Lorain and Shareholders of Shengrong Environmental Protection Holding Announce Share Exchange Agreement
LINYI CITY, China, Dec. 22, 2016 /PRNewswire/ -- American Lorain Corporation (NYSE MKT: ALN) ("ALN") and the shareholders (the "Sellers") of Shengrong Environmental Protection Holding Company Limited ("Shengrong") today announced that they have entered into a definitive share exchange agreement (the...
Enterprise 50 Year Pledge Reaches 11 Million Tree Plantings in 2016
ST. LOUIS, Dec. 23, 2016 /PRNewswire/ -- For the 11th straight year, the
Enterprise 50 Million Tree Pledge
Home Electricity Consumption to Push DC Microgrid Adoption in Enterprise and Residential Markets
NEW YORK, Dec. 23, 2016 /PRNewswire/ -- New demands for electricity generation, delivery, and consumption are driving direct current (DC) back into the electrical, reportsABI Research. Utilities have long delivered alternating current (AC) for distribution around the home, but a growing list of s...
Empowering the next-generation wearables, Lohas Tech to introduce innovative BioRF artery radar at CES 2017
BEIJING, Dec. 22, 2016 /PRNewswire/ -- Lohas Tech, a Chinese start-up dedicated to applying biosensor technology to healthcare and wearables, will bring its BioRF™ artery radar to the upcoming Consumer Electronics Show (CES) in Las Vegas during January 5-8, 2017.
Investment & Financing
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...
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, ...
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