Stock exchange

Central Pattana Tops DJSI World Ranking 2023 in Real Estate

Retrieved on: 
Wednesday, February 14, 2024

BANGKOK, Feb. 13, 2024 /PRNewswire/ -- Central Pattana plc, Thailand's leading real estate developer, has achieved a noteworthy sustainability milestone by securing the top position on the Dow Jones Sustainability Indices-World Index (DJSI World) for 2023, attaining the highest score, or the Top 1% S&P Global CSA Score in the Real Estate Management & Development category among 299 companies globally in the sector, according to the Sustainability Yearbook 2024.

Key Points: 
  • BANGKOK, Feb. 13, 2024 /PRNewswire/ -- Central Pattana plc, Thailand's leading real estate developer, has achieved a noteworthy sustainability milestone by securing the top position on the Dow Jones Sustainability Indices-World Index (DJSI World) for 2023, attaining the highest score, or the Top 1% S&P Global CSA Score in the Real Estate Management & Development category among 299 companies globally in the sector, according to the Sustainability Yearbook 2024.
  • Listed on the Stock Exchange of Thailand with a market cap of 289 billion baht, Central Pattana has been selected for the 6th consecutive years on DJSI World, 10th consecutive year on DJSI Emerging Markets, and the 6th consecutive years on S&P Global Sustainability Yearbook.
  • "We recognize our sustainability milestones as a result of the dedicated efforts of colleagues and collaborative partnerships with tenants, partners, and suppliers.
  • DJSI select 'global, sustainable stocks' and lists the securities indices of world-leading companies that are outstanding in their business operations and focus mainly on sustainability.

Nasdaq Expands Bank and Broker-Dealer Risk Platform into Asia

Retrieved on: 
Tuesday, February 13, 2024

NEW YORK and BANGKOK, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq: NDAQ) today announced it has secured the first client to adopt its Risk Platform in Asia having signed a multi-year agreement with Kiatnakin Phatra Securities (KKPS), the largest institutional broker in Thailand. The deal provides a launchpad to offer the product to banks and broker-dealers across the region, building on the experience and capabilities developed serving clients across major markets in the U.S. and Europe.   

Key Points: 
  • Nasdaq Risk Platform secures first customer in Thailand, serving as an anchor client in Asia
    Significantly enhances Kiatnakin Phatra Securities’ real-time risk capability, providing a competitive advantage
    NEW YORK and BANGKOK, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq: NDAQ) today announced it has secured the first client to adopt its Risk Platform in Asia having signed a multi-year agreement with Kiatnakin Phatra Securities (KKPS), the largest institutional broker in Thailand.
  • The Nasdaq Risk Platform is widely used by financial institutions globally, providing a live view of risk across proprietary and client trading portfolios with detailed analytics to support real-time decision-making.
  • As market volumes and participation grows, it will be increasingly important to adopt more sophisticated risk management practices and tools.
  • Dr. Thananun Siwamogsatham, Head of Risk Management at KKPS, added: “We are excited to elevate our partnership with Nasdaq to enhance KKPS’ risk platform.

PetroChina Company Limited Intends to Deregister and Terminate Its Reporting Obligations Under the U.S. Securities Exchange Act of 1934

Retrieved on: 
Tuesday, February 6, 2024

Its Reporting Obligations Under the U.S. Securities Exchange Act of 1934

Key Points: 
  • Its Reporting Obligations Under the U.S. Securities Exchange Act of 1934
    Beijing, Feb 5, 2024 – PetroChina Company Limited (“PetroChina” or the “Company”) (HKEX:00857)(SSE:601857) announced today that the Company intends to deregister with the United States Securities and Exchange Commission (the “SEC”) and terminate its reporting obligations under the U.S. Securities Exchange Act of 1934, as amended (the “Exchange Act”).
  • Thereafter, all of the Company’s reporting obligations under the Exchange Act will be suspended unless the Form 15F is withdrawn or denied.
  • Deregistration and termination of the Company’s reporting obligations under the Exchange Act are expected to become effective 90 days after its filing of Form 15F.
  • Private Securities Litigation Reform Act of 1995 and Section 27A of the U.S. Securities Act of 1933 and Section 21E of the U.S. Securities Exchange Act of 1934.

China Power (02380): High-Quality Stock in the Power Sector, with SPIC Continuously Increasing Its Stake to 64.01%

Retrieved on: 
Thursday, January 25, 2024

SPIC is fully optimistic about the future development of China Power.

Key Points: 
  • SPIC is fully optimistic about the future development of China Power.
  • With the support of SIPC, China Power has become a benchmark for the transformation of the power industry.
  • In the future, SPIC may continue to inject its clean energy into its listed platforms, enabling China Power to continue to lead the new energy power industry.
  • For example, in the case of China Power, its major shareholder, SPIC, has responded quickly, reflecting the spirit of responsibility of central state-owned enterprises.

Baozun Announces US$20 million Share Repurchase Program

Retrieved on: 
Wednesday, January 24, 2024

After the publication of the annual results announcement of the Company on or before March 31, 2024, the management of Baozun may implement the share repurchase, including but not limited to implementing the share repurchase in accordance with plans under the Rule 10b5-1 and/or Rule 10b-18 under the U.S. Securities Exchange Act of 1934, as amended.

Key Points: 
  • After the publication of the annual results announcement of the Company on or before March 31, 2024, the management of Baozun may implement the share repurchase, including but not limited to implementing the share repurchase in accordance with plans under the Rule 10b5-1 and/or Rule 10b-18 under the U.S. Securities Exchange Act of 1934, as amended.
  • The Company's board of directors will keep reviewing the share repurchase program periodically.
  • As at the date of this announcement, no share repurchase plan has been entered into and shareholders and prospective investors of the Company should note that there is no assurance of the timing, quantity or price of any share repurchase or whether the Company will make any repurchase at all.
  • Statements that are not historical facts, including but not limited to statements about Baozun's beliefs and expectations, are forward-looking statements.

Sands China Honours Suppliers and SMEs at Sands Supplier Excellence Awards and Sands Procurement Academy Graduation

Retrieved on: 
Monday, January 22, 2024

MACAO, Jan. 22, 2024 /PRNewswire/ -- Sands China Ltd. recognised some of its most outstanding suppliers at the Sands Supplier Excellence Awards Jan. 19 at The Londoner® Macao. The awards were part of a joint event where Sands China also honoured the 13th and 14th cohorts of local SMEs graduating from its Sands Procurement Academy training programme, highlighted some of the success stories of Sands China's ongoing partnerships with its local SME suppliers, and held a cocktail and business networking session to connect local SME suppliers with representatives from various Sands China departments, including the procurement and supply chain team.

Key Points: 
  • With Sands China holding the academy's graduation ceremony together at one event with the Sands Supplier Excellence Awards, the graduating SMEs are able to gain encouragement and inspiration by seeing local SMEs among those getting awarded by Sands China as outstanding suppliers.
  • At Friday's graduation ceremony, Sands China recognised 69 local SMEs for completing the academy's training programme.
  • Friday's event concluded with the graduates of the Sands Procurement Academy attending a cocktail and business networking session, where they met representatives from various Sands China departments, as well as procurement team members from Las Vegas Sands, Sands China, and Marina Bay Sands.
  • Sands China had a total procurement spend of MOP 8.4 billion in 2023, with 26 percent going to local SMEs.

Chow Tai Fook Jewellery Posts 46.1% Growth in Retail Sales Value In 3QFY2024, Driven by Steady Progress of Ongoing Transformation

Retrieved on: 
Saturday, January 13, 2024

CHOW TAI FOOK JEWELLERY existing as at 31 December 2023 and which have been opened prior to 1 April 2022.

Key Points: 
  • CHOW TAI FOOK JEWELLERY existing as at 31 December 2023 and which have been opened prior to 1 April 2022.
  • In Mainland China, the annual sale also commenced in late December to capture growth momentum ahead of the Chinese New Year celebrations.
  • In other markets, an increase in tourism also drove robust RSV growth of 168.6%, especially for Singapore, Malaysia, and duty-free shops in the Mainland.
  • The encouraging growth was supported by the sustained return of Mainland tourists, coupled with our annual sale during the Quarter.

Concord Medical Announces Listing of Its Subsidiary on The Stock Exchange of Hong Kong Limited

Retrieved on: 
Wednesday, January 10, 2024

Concord Healthcare's H shares began to trade on the HKSE on January 9, 2024.

Key Points: 
  • Concord Healthcare's H shares began to trade on the HKSE on January 9, 2024.
  • The Company previously announced the submission of an application proof to list a minority stake in Concord Healthcare on the HKSE on June 1, 2022.
  • The gross proceeds from the initial public offering of Concord Healthcare on the HKSE are HK$562.9 million (approximately US$72.2 million).
  • The information related to the listing of Concord Healthcare's H shares on the HKSE is accessible through the HKSE's website at www.hkexnews.hk .

Founder Securities rates Baguio (1397.HK) as 'Strongly Recommended' with a HK$1.10 target price, indicating a 57% upside

Retrieved on: 
Tuesday, January 2, 2024

This target suggests a potential 57% increase from the closing price on the date of the report.

Key Points: 
  • This target suggests a potential 57% increase from the closing price on the date of the report.
  • Founder Securities is optimistic about the Company's prospects as it will directly benefit from the implementation of the policy.
  • According to Founder Securities, the Company has a competitive edge and has been rapidly gaining government contracts in the past three years.
  • Based on 8 times target P/E ratio and 2024 earnings, Founder Securities rates Baguio as 'Strongly Recommended', with a target price of HK$1.10.

"The First IPO of Pu'er Tea" Lancang Tea Officially Listed on the Main Board of the Hong Kong Stock Exchange

Retrieved on: 
Friday, December 22, 2023

HONG KONG, Dec 22, 2023 - (ACN Newswire) - Pu'er Lancang Ancient Tea Co., Ltd. ("Lancang Tea" or the "Company", together with its subsidiaries, the "Group"; stock code: 6911.HK), one of the most famous Pu'er tea companies in China, officially listed and commenced trading on the Main Board of The Stock Exchange of Hong Kong Limited (the "Hong Kong Stock Exchange") this morning.

Key Points: 
  • HONG KONG, Dec 22, 2023 - (ACN Newswire) - Pu'er Lancang Ancient Tea Co., Ltd. ("Lancang Tea" or the "Company", together with its subsidiaries, the "Group"; stock code: 6911.HK), one of the most famous Pu'er tea companies in China, officially listed and commenced trading on the Main Board of The Stock Exchange of Hong Kong Limited (the "Hong Kong Stock Exchange") this morning.
  • The history of Lancang Tea brand can be traced back to 1966, and Ms. Du Chunyi, the founder and tea master, has been intimately involved in the tea industry for over 57 years, leading Lancang Tea becoming one of China?s most famous brands of Pu'er tea.
  • With a focus on Pu'er tea, the products of Lancang Tea covers black tea, white tea, flavored tea and others.
  • According to the F&S Report, Lancang Tea is the third largest Pu'er tea company in China in terms of revenue generated from Pu'er tea products in China.