ACN Newswire: latest releases

News releases provided by ACN Newswire - Asia Corporate News Network ACN Newswire - Asia Corporate News Network.

HKTDC Export Index 1Q21: Export confidence continues to grow

Monday, March 22, 2021 - 9:00am

"Although the index has risen for four consecutive quarters, it remains in contractionary territory, suggesting a cautiously optimistic export outlook," said HKTDC Director of Research Nicholas Kwan.

Key Points: 
  • "Although the index has risen for four consecutive quarters, it remains in contractionary territory, suggesting a cautiously optimistic export outlook," said HKTDC Director of Research Nicholas Kwan.
  • The HKTDC conducts the Export Index survey every quarter, interviewing 500 local exporters from six major industries including machinery, electronics, jewellery, watches and clocks, toys and clothing, to gauge business confidence in near-term export prospects.
  • HKTDC Economist Samantha Yim said export confidence improved across all major industries.
  • The HKTDC also provides up-to-date market insights and product information via trade publications, research reports and digital news channels.

China Dynamics Forms JV in Dubai to Develop Electric Vehicle Business

Monday, March 22, 2021 - 8:28am

China Dynamics will serve as the official platform, powertrain and technology provider while W Motors will be the official partner for all designs, styling, assembly and marketing.

Key Points: 
  • China Dynamics will serve as the official platform, powertrain and technology provider while W Motors will be the official partner for all designs, styling, assembly and marketing.
  • LOKI is expected to launch two fully running prototypes within 12 months for testing and pre-order.
  • Mr. Miguel Valldecabres Polop, CEO of China Dynamics, said, "We are delighted to sign the MOU with W Motors.
  • The company also created the world's most advanced security vehicle, the Ghiath Beast Patrol for Dubai Police.

Black Spade Capital Announces Acquisition of iRad Medical Holding

Monday, March 22, 2021 - 6:30am

HONG KONG, Mar 22, 2021 - (ACN Newswire) - Black Spade Capital Limited ("Black Spade Capital"), the family office of the casino magnate Lawrence Ho, has announced the acquisition of iRad Medical Holding Limited ("iRad"), a Hong Kong-based diagnostic imaging practice.

Key Points: 
  • HONG KONG, Mar 22, 2021 - (ACN Newswire) - Black Spade Capital Limited ("Black Spade Capital"), the family office of the casino magnate Lawrence Ho, has announced the acquisition of iRad Medical Holding Limited ("iRad"), a Hong Kong-based diagnostic imaging practice.
  • Following the acquisition, Black Spade Capital will be the majority shareholder of iRad.
  • iRad will continue to be led and managed by the founding team of the medical group, while Black Spade Capital will be working closely with the iRad management on strategies for its development and market expansion.
  • Mr. Dennis Tam, President and CEO of Black Spade Capital, said, "We are very pleased with the acquisition.

Shougang Century Announces 2020 Annual Results

Monday, March 22, 2021 - 4:58am

HONG KONG, Mar 22, 2021 - (ACN Newswire) - Shougang Concord Century Holdings Limited ("Shougang Century", together with its subsidiaries, "the Group"; stock code: 0103.HK) is pleased to announce its audited annual results for the year ended 31 December 2020.

Key Points: 
  • HONG KONG, Mar 22, 2021 - (ACN Newswire) - Shougang Concord Century Holdings Limited ("Shougang Century", together with its subsidiaries, "the Group"; stock code: 0103.HK) is pleased to announce its audited annual results for the year ended 31 December 2020.
  • In view of this, the Group decisively seized the market opportunities by exploring new customers, while optimizing its sales mix to flexibly meet customers' requirements.
  • As the photovoltaic, sapphire and magnetic material markets gradually improve, the domestic sawing wire market has witnessed a steady growth.
  • Shougang Concord Century Holdings Limited (0103.HK) is primarily engaged in manufacturing of steel cords for radial tyres, sawing wires and other wire products.

Water Crisis Highlights Need for New Solutions & Technologies to Drive Conservation in Asian Agriculture

Monday, March 22, 2021 - 2:00am

Thankfully, plant science innovations are reducing the amount of water needed to drive agriculture.

Key Points: 
  • Thankfully, plant science innovations are reducing the amount of water needed to drive agriculture.
  • Access to these technologies and other tools that support sustainable food production with less dependence on water are critical for Asia's farmers."
  • Advancements in crop protection and plant biotechnology are better enabling farmers around the world to engage in water use efficiency.
  • Specifically, by reducing weeds' use of moisture, herbicides are helping farmers produce higher yields with the same amount of water.

Zijin Mining Reports Annual Results for the Year Ended 31 December 2020

Monday, March 22, 2021 - 1:14am

HONG KONG, Mar 22, 2021 - (ACN Newswire) - Zijin Mining Group Co., Ltd. (SSE:601899, SEHK:2899) is pleased to announce audited consolidated annual results for the Company and its subsidiaries (the "Group") for the year ended 31 December 2020 (the "Period").

Key Points: 
  • HONG KONG, Mar 22, 2021 - (ACN Newswire) - Zijin Mining Group Co., Ltd. (SSE:601899, SEHK:2899) is pleased to announce audited consolidated annual results for the Company and its subsidiaries (the "Group") for the year ended 31 December 2020 (the "Period").
  • Group results for the period are summarized as follows:
    -- Operating income of RMB 171.501 billion, an increase of 26.01% compared with 2019 (RMB 136.098 billion).
  • -- Profit before tax of RMB 10.846 billion, an increase of 55.51% compared with 2019 (RMB 6.974 billion).
  • -- Total assets were RMB 182.313 billion as of 31 December 2020, an increase of 47.23% compared with the beginning of the year (RMB 123.831 billion).

After Clubhouse, Roblox and Tiya, will audio platforms usher an iterative movement in China?

Monday, March 22, 2021 - 12:00am

Many users also use Tiya as an audio tool to chat with friends while playing Roblox.

Key Points: 
  • Many users also use Tiya as an audio tool to chat with friends while playing Roblox.
  • The popularity of overseas audio social platforms has encouraged many Chinese players to enter this sector.
  • The era of intelligent economy has not yet arrived, and people have not fully formed the habit of audio interaction.
  • However, with the widespread application of AI audio technology, IoT technology, audio interaction will be ubiquitous.

"Hi, Mom" Set for Global Release on March 19 to Salute Motherhood Worldwide

Sunday, March 21, 2021 - 11:24am

Best known as a "hilarious tear-jerker", "Hi, Mom" is a time-travel comedy that tells the story of motherhood and family affection.

Key Points: 
  • Best known as a "hilarious tear-jerker", "Hi, Mom" is a time-travel comedy that tells the story of motherhood and family affection.
  • According to information from Maoyan Entertainment, China's leading platform providing innovative Internet-empowered entertainment services, the film was directed and starred by hugely popular Chinese comedian Jia Ling.
  • Viewers who have watched the film say that what touches them most is how the film presents, in a happy, sincere way, the family affection of an ordinary person, something shared by all human beings.
  • Many believe that "Hi, Mom" is so emotionally stirring that it deserves to be a gift dedicated to all moms across the world.

How Bussr's AI-Based Technology Is Set to Reshape the World's Roads and Economies

Sunday, March 21, 2021 - 6:00am

Bussr's vision springs from the trio of former Rocket Internet founder and CEO Hussein Abdelkarim, veteran technology consultant and co-founder I.M.

Key Points: 
  • Bussr's vision springs from the trio of former Rocket Internet founder and CEO Hussein Abdelkarim, veteran technology consultant and co-founder I.M.
  • Central to this is mobility, and demand for urban road passenger transport is expected to double by 2050.
  • The economy is reliant on the freedom of movement for its citizens to be productive members of society.
  • But by digitizing this mobility they trust their technology will bring a choreographed elegance to the way people travel.

Joy Spreader Announces 2020 Annual Results

Saturday, March 20, 2021 - 5:58am

Ltd ("Joy Spreader" or the "Company", Stock Code: 06988.HK) is pleased to announce the audited consolidated results of the Company and its subsidiaries (collectively, the "Group") for the year ended December 31, 2020, with the comparative figures for the preceding financial year.

Key Points: 
  • Ltd ("Joy Spreader" or the "Company", Stock Code: 06988.HK) is pleased to announce the audited consolidated results of the Company and its subsidiaries (collectively, the "Group") for the year ended December 31, 2020, with the comparative figures for the preceding financial year.
  • In 2020, with the rapid development of the mobile-new-media industry and significant market demands for performance-based marketing and traffic monetization, Joy Spreader won the favor of numerous industry clients and content publishers with a leading position in MarTech.
  • Joy Spreader began to provide mobile new media publishers with marketing SaaS monetization services in 2013.
  • Joy Spreader was listed on the Main Board of the Hong Kong Stock Exchange on September 23, 2020 with the stock code of 06988.HK.

Jicheng Lyu: The Philanthropic Prophet

Saturday, March 20, 2021 - 1:00am

Jicheng Lyu opens on his lifetime of service, saying: "I have always believed that local and grassroots organizations are the catalyst to change."

Key Points: 
  • Jicheng Lyu opens on his lifetime of service, saying: "I have always believed that local and grassroots organizations are the catalyst to change."
  • Going deeper into what Jicheng Lyu and his team accomplished that led to the Philanthropy Award nomination, the journey includes aid for different branches of relief.
  • Fortunately, Jicheng Lyu knew he had to step up and provide help in every way he knew how.
  • Jicheng Lyu hopes so and plans to have a positive effect on those who wish to do good for the benefit of others.

Moonstake Enters Partnership with Unido, The First Enterprise-Grade Asset Management Platform Built on Polkadot

Friday, March 19, 2021 - 8:00am

Currently Moonstake supports staking for Cosmos, IRISnet, Ontology, Harmony, Tezos, Cardano, Qtum, Polkadot, Quras and Centrality assets.

Key Points: 
  • Currently Moonstake supports staking for Cosmos, IRISnet, Ontology, Harmony, Tezos, Cardano, Qtum, Polkadot, Quras and Centrality assets.
  • Moonstake started in the staking business last year with the aim to create the largest staking network in Asia.
  • Led by a highly experienced team from Macquarie Bank, Wipro and Goldman Sachs, Unido is the first enterprise-grade asset management platform being built on Polkadot and features apps already available in the App Store.
  • Moonstake aims to be the largest staking pool network in Asia by providing an active environment for crypto asset holders.

Milestone Development Achieved in Clinical Trials and Commercialization, Hua Medicine's Dorzagliatin Readying for NDA Submission

Friday, March 19, 2021 - 5:34am

Hua Medicine has become the first company in the world to complete clinical development of a glucokinase activator.

Key Points: 
  • Hua Medicine has become the first company in the world to complete clinical development of a glucokinase activator.
  • The results of the two Phase III clinical trials demonstrated that dorzagliatin has long-term sustained efficacy, and good safety and tolerability profiles.
  • Dorzagliatin has progressed from 0 to 1 - from a disruptive scientific theory to a potential commercially viable product, propelling Hua Medicine into a new stage of development.
  • Despite the pandemic Hua Medicine has still achieved several milestones and breakthroughs in clinical trials and in the prepartion for drug commercialization.