Investment & Financing
UBS Art Collection Brings Ed Ruscha VERY: Works From the UBS Art Collection to the Louisiana Museum of Modern Art, Denmark
ZURICH, May 17, 2018 /PRNewswire/ -- The UBS Art Collection presents 54 works by Ed Ruscha, one of the most iconic contemporary artists, at the esteemed Louisiana Museum of Modern Art in Humlebæk,Denmark. This group of paintings, works on paper, and prints was assembled over the course of decad...
VTech Announces FY2018 Annual Results
* Group revenue increased by 2.4% to US$2,130.1 million * Profit attributable to shareholders of the Company increased by 15.3% to US$206.3 million * Final dividend of US63.0 cents per ordinary share, resulting in a full-year dividend of US80.0 cents per ordinary share, an increase of 14.3% ...
ERP in Cloud and Big Data to Create $1,1 Billion in New Revenue Streams in the South African Technology Market
New growth opportunities shaped by growing IoT, AI, Flash Storage and Cloud-Based Mobile Apps adoption, says Frost & Sullivan LONDON, May 17, 2018 /PRNewswire/ -- Frost & Sullivan's latest analysis, South African ICT Outlook 2018, finds emerging technologies such as augmented reality (AR), virtu...
Seven Ages, China's Leading Musical Production Company, Announces B+ Financing from the Alibaba Live Entertainment Business Group
BEIJING, May 17, 2018 /PRNewswire/ -- Seven Ages, one of China's leading musical production companies, announced on April7, 2018 that it recently received B+ financing, the largest single investment to date in the country's booming musical industry. The financing round was led by Alibaba's Live ...
AI Healthcare Startup, UCARE.AI, Secures $8.2m of Funding
Founded in 2016 by ex-Google tech veteran Neal Liu and ex-LVMH PE expert Christina Teo Predictive health analytics to improve outcomes and to reduce healthcare costs SINGAPORE, May 17, 2018 /PRNewswire/ -- Singapore-based AI healthcare startup UCARE.AI recently concluded its Series A funding, ...
NetEase Reports First Quarter 2018 Unaudited Financial Results
BEIJING, May 16, 2018 /PRNewswire/ -- NetEase, Inc. (NASDAQ: NTES) ("NetEase" or the "Company"), one ofChina's leading internet and online game services providers, today announced its unaudited financial results for the first quarter endedMarch 31, 2018. First Quarter 2018 Financial Highlights ...
China Distance Education Holdings Limited Reports Financial Results for Second Quarter Fiscal Year 2018
- Second Quarter 2018 Net Revenue Up 36.1% Year-Over-Year to $29.7 Million, Exceeding High-End of Guidance Range - - Second Quarter 2018 Cash Receipts from Online Course Registration Up 25.4% Year -Over-Year to$43.9 Million - BEIJING, May 16, 2018 /PRNewswire/ -- China Distance Education Holding...
Union Bridge Holdings Signs MOU with Beijing Yi Du Bai Shan Enterprise Management Limited of China
HONG KONG, May 16, 2018 /PRNewswire/ -- Union Bridge Holdings Limited (OTCQB: UGHL) ("Union Bridge" or the "Company"), through its subsidiary Phoenix Creation Global Limited ("Phoenix"), has signed a Memorandum of Understanding ("MOU") with Beijing Yi Du Bai Shan Management Limited ("Yi Du") rega...
Leading Blockchain Groups Partner to Establish a New Field of Life Data Economics
Blockchain healthcare startup led by Harvard genomics professor George Church initiates a research collaboration with a leading blockchain and artificial intelligence healthcare company to establish the new fields of microdataeconomics and macrodataeconomics with a focus on life data. SAN FRANCI...
Ossen Innovation Announces Full Year 2017 Financial Results
SHANGHAI, May 16, 2018 /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 its financial results for the fiscal year ended D...
Tencent Announces 2018 First Quarter Results
HONG KONG, May 16, 2018 /PRNewswire/ -- Tencent Holdings Limited ("Tencent" or the "Company", 00700.HK), a leading provider of Internet value added services in China, today announced the unaudited consolidated results for the first quarter of 2018 ("1Q2018"). 1Q2018 Key Highlights Revenues: +4...
Venus Medtech Receives DCP Capital's Equity Investment to Accelerate Heart Valve Technology Development and International Commercialization
HANGZHOU, China, May 16, 2018 /PRNewswire/ -- Venus Medtech announced that it has entered into a definitive investment agreement with DCP Capital. The investment will be used by Venus Medtech to accelerate the upgrading and internationalization of existing valve products, support the company to...
RYB Education, Inc. Reports First Quarter 2018 Financial Results
BEIJING, May 15, 2018 /PRNewswire/ -- RYB Education, Inc. ("RYB" or the "Company") (NYSE: RYB), a leading early childhood education service provider in China, today announced its unaudited financial results for the first quarter endedMarch 31, 2018. First Quarter 2018 Operational and Financial Su...
Brookfield Partners With Schoeller Group
MUNICH, May 16, 2018 /PRNewswire/ -- Schoeller Group announced today that it has completed the previously announced acquisition by Brookfield Business Partners L.P. together with institutional partners (collectively "Brookfield") of JP Morgan's shares in Schoeller Allibert. (Photo: https...
China Internet Nationwide Financial Services Inc. Reports Financial Results for the Fourth Quarter and Full Year 2017
BEIJING, May 15, 2018 /PRNewswire/ -- China Internet Nationwide Financial Services Inc. (NASDAQ: CIFS) ("CIFS" or the "Company"), a leading financial advisory services company, today announced its financial results for the three and twelve months endedDecember 31, 2017. Fourth Quarter of 2017 Fi...
Xinyuan Real Estate Co., Ltd. Announces Changes to Board of Directors
BEIJING, May 15, 2018 /PRNewswire/ -- Xinyuan Real Estate Co., Ltd. ("Xinyuan" or "the Company") (NYSE: XIN), an NYSE-listed real estate developer and property manager primarily inChina and in other countries, today announced changes to its Board of Directors of the Company (the "Board"). The Bo...
Lifeng Liu delivered a speech on Peking University 120th Anniversary
HONG KONG, May 15, 2018 /PRNewswire/ -- As the alumnus of Peking University,
LifengLiu, Chairman and CEO of Ipsos China, was invited to Peking University
120th Anniversary and made a speech on the salon of School of New Media.
Sharing Economy International Reports First Quarter 2018 Results
WUXI, China, May 15, 2018 /PRNewswire/ -- Sharing Economy International Inc. ("SEII" or "the Company") (SEII), a clean technology and sharing economy company that designs, manufactures and distributes of proprietary high and low temperature dyeing and finishing machinery to the textile industry, ...
Agritrade Resources Takes Second Longwall System for Its Merge Mine
Production Capacity Will Reach 3.5 Million Tonnes at Designated Site HONG KONG, May 15, 2018 /PRNewswire/ -- Agritrade Resources Limited (" Agritrade Resources" or the "Company", stock code: 1131.HK, or together with its subsidiaries collectively referred to as the "Group") today is pleased to an...
PPDAI Group Inc. Reports First Quarter 2018 Unaudited Financial Results
SHANGHAI, May 15, 2018 /PRNewswire/ -- PPDAI Group Inc. ("PPDAI," "Paipaidai," or the "Company") (NYSE: PPDF), a leading online consumer finance marketplace in China, today announced its unaudited financial results for the first quarter endedMarch 31, 2018. As of March 31, 2017 December 3...
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