Finance in China

Pharmaron Lists H-Shares on the Hong Kong Stock Exchange

Retrieved on: 
Thursday, November 28, 2019
Health, General Health, Research, Pharmaceutical, Science, Biotechnology, Finance in China, Economy of China, Economy, A-share, H share, Hong Kong Stock Exchange

Pharmaron Beijing Co., Ltd. (Stock Code: 300759.SZ/3759.HK) announced today that 117 million H-shares are listed on the Main Board of The Stock Exchange of Hong Kong.

Key Points: 
  • Pharmaron Beijing Co., Ltd. (Stock Code: 300759.SZ/3759.HK) announced today that 117 million H-shares are listed on the Main Board of The Stock Exchange of Hong Kong.
  • The successful listing of H-shares on The Stock Exchange of Hong Kong, together with the existing A-shares listing on the Shenzhen Stock Exchange (A+H dual listing), has broadened Pharmarons financing channels to support its global growth strategy.
  • With the strong financial support, Pharmaron will continuously strengthen its service capabilities and capacities by integrating cutting-edge science and technologies into the existing service platforms.
  • Our listing on The Stock Exchange of Hong Kong marks another milestone for Pharmaron, said Dr. Boliang Lou, Chairman and CEO, Pharmaron.

Cinedigm Announces Multi-Year Distribution Agreement With Starrise Media to Release Multiple Feature Films in China

Retrieved on: 
Monday, October 21, 2019
Cinedigm, Finance in China

LOS ANGELES, Oct. 21, 2019 (GLOBE NEWSWIRE) -- Cinedigm Corp. (NASDAQ:CIDM) today announced a new distribution agreement withleading Chinese entertainment company Starrise Media Holdings Limited (Starrise Media) to release films in China theatrically, via broadcast television and to digital platforms.

Key Points: 
  • LOS ANGELES, Oct. 21, 2019 (GLOBE NEWSWIRE) -- Cinedigm Corp. (NASDAQ:CIDM) today announced a new distribution agreement withleading Chinese entertainment company Starrise Media Holdings Limited (Starrise Media) to release films in China theatrically, via broadcast television and to digital platforms.
  • The initial focus of the alliance will be on new premium feature films, with goal of five to ten films distributed into China per year.
  • Starrise is a public company listed on the main board of the Stock Exchange of Hong Kong Limited (stock code: 01616).
  • We know their films will resonate with our Chinese audiences, said Hanks He, Executive Director of Starrise Media.

Building an "honest society" in Shenfu New District and create a national pilot project

Retrieved on: 
Tuesday, September 24, 2019
Credit scoring, Data, Finance in China, Mass surveillance, Nudge theory, Social Credit System, Integrity, Information, Economy, Assumption

SHENYANG, China, Sept. 24, 2019 /PRNewswire/ -- Honesty is not only the traditional virtue of the Chinese nation, but also reflects the soft power of a city.

Key Points: 
  • SHENYANG, China, Sept. 24, 2019 /PRNewswire/ -- Honesty is not only the traditional virtue of the Chinese nation, but also reflects the soft power of a city.
  • Its role is irreplaceable in the competitiveness of a city.Shenfu New District of Liaoning Province focuses on the construction of an "honest society" and regards "honest Shenfu" as its brand.
  • The new district constructs a credit system and carries forward the spirit of contract, advocating "integrity and commitment" from the aspects of government, enterprise and society.
  • The construction of an "honest society" is one of the key tasks of building Shenfu New District.Shenfu New District will basically establish a sound social credit system, provide complete credit information, generate perfect credit service, carry out strong credit supervision and optimized credit environment, and strive to create a pilot area for the construction of national social credit system.

Hong Kong Exchanges and Clearing Offer for London Stock Exchange Would Create the World's Largest Exchange - Burton-Taylor Report

Retrieved on: 
Wednesday, September 18, 2019
Financial markets, Finance, Economy, Futures exchanges, Economy of London, Hong Kong Exchanges and Clearing, Finance in China, Hong Kong Stock Exchange, Deutsche Börse, London Stock Exchange Group, London Stock Exchange, CME Group

LONDON, NEW YORK andCHARLESTON, S.C., Sept. 18, 2019 /PRNewswire/ --On September 11 Hong Kong Stock Exchanges and Clearing (HKEX) announced an unsolicited acquisition proposal to the London Stock Exchange Group (LSE) for an estimated $39.4 billion.

Key Points: 
  • LONDON, NEW YORK andCHARLESTON, S.C., Sept. 18, 2019 /PRNewswire/ --On September 11 Hong Kong Stock Exchanges and Clearing (HKEX) announced an unsolicited acquisition proposal to the London Stock Exchange Group (LSE) for an estimated $39.4 billion.
  • The combination of HKEX and LSE would leapfrog Intercontinental Exchange, CME Group and Deutsche Boerse to become the top revenue-generating exchange group in the world.
  • The acquisition would diversify HKEX revenues away from transaction-based services, putting exchange revenues from information services at $1.3 billion in 2019.
  • The 29 page Company Focus - Hong Kong Exchanges and Clearing and the Proposed Acquisition of the London Stock Exchange Group report may be purchased by visiting https://burton-taylor.com/hkex-lse-proposed-combination/ or by contacting [email protected] , +1 646 201-4152.

Versiant Delivers Performance, Availability & Costs Savings for Continental Aerospace Technologies™

Retrieved on: 
Tuesday, September 17, 2019
Economy of China, Economy of Hong Kong, Financial markets, Finance in China, Continental Aerospace Technologies, Hong Kong Exchanges and Clearing, Aviation Industry Corporation of China, Hong Kong Stock Exchange, HK Express, Continental, China Aviation Industry Corporation I

Not only are they an extension of Continental, but they are indeed a trusted advisor that guides our IT operations and infrastructure.

Key Points: 
  • Not only are they an extension of Continental, but they are indeed a trusted advisor that guides our IT operations and infrastructure.
  • We look forward to a continued and successful partnership with Versiant," said Chris Kline, AVP, Information Technology with Continental Aerospace Technologies.
  • Continental Motors Group, Ltd. of Hong Kong, China, doing business as Continental Aerospace Technologies, is a subsidiary of AVIC International Holding (HK) LTD, a publicly traded company on the Hong Kong stock exchange (HKEX ticker: 232).
  • If you would like more information about Versiant, please contact [email protected]
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Techfaith Receives Non-Compliance Notice From Nasdaq Regarding Minimum Market Value of Publicly Held Shares

Retrieved on: 
Friday, July 5, 2019
Financial markets, TechFaith, Finance, Stock market, NASDAQ, Listing, Money, Finance in China

BEIJING, July 5, 2019 /PRNewswire/ -- China TechFaith Wireless Communication Technology Limited (NASDAQ: CNTF) ("TechFaith" or the "Company"), today reported that it received a notice from the Listing Qualifications Department of Nasdaq advising the Company that it is not in compliance with Rule 5450(b)(1)(C) requiring maintenance of a minimum market value of publicly held shares (MVPHS) of $5,000,000.

Key Points: 
  • BEIJING, July 5, 2019 /PRNewswire/ -- China TechFaith Wireless Communication Technology Limited (NASDAQ: CNTF) ("TechFaith" or the "Company"), today reported that it received a notice from the Listing Qualifications Department of Nasdaq advising the Company that it is not in compliance with Rule 5450(b)(1)(C) requiring maintenance of a minimum market value of publicly held shares (MVPHS) of $5,000,000.
  • The Company's ADSs will continue to be listed and trade on the Nasdaq Global Market during this period, unaffected by the receipt of the written notification from Nasdaq.
  • Alternatively, the Company may apply to transfer the Company's securities to The Nasdaq Capital Market, subject to meeting the Nasdaq Capital Market's continued listing requirements.
  • TechFaith (NASDAQ: CNTF) is a developer, owner and operator of commercial real estate properties across China as well as a China-based mobile solutions provider for the global mobile handsets market.

L&T B (Cayman) Inc. to Update Early Warning Report

Retrieved on: 
Tuesday, June 18, 2019
Professional services, Finance, Economy, Stock market, Finance in China, N-Shares, Shareholder, Privatization, Articles, Business

As a result, these common shares will not be acquired by the Purchaser, and will form part of the publicly-held common shares subject to the proposed privatization of HBC.

Key Points: 
  • As a result, these common shares will not be acquired by the Purchaser, and will form part of the publicly-held common shares subject to the proposed privatization of HBC.
  • The group of shareholders who made the privatization proposal on June 10, 2019 collectively own approximately 57% of the outstanding common shares of HBC on an as-converted basis, which percentage does not include the common shares owned by the Vendor.
  • The Purchaser may be considered a joint actor of L&T B (Cayman) Inc. As a result, L&T B (Cayman) Inc. will be filing an updated early warning report.
  • For further information please contact Joele Frank, Wilkinson Brimmer Katcher at the details below.

Sinovac Update on the Exchange of Rights for Common and Series B Preferred Shares

Retrieved on: 
Friday, April 12, 2019
Health, Biotechnology, Clinical trials, Pharmaceutical, General Health, Finance, Financial markets, Economy, Stock market, Corporate finance, Equity securities, Finance in China, Sinovac Biotech, N-Shares, Preferred stock, NASDAQ

Sinovac Biotech Ltd. (NASDAQ:SVA) (Sinovac or the Company), a leading provider of biopharmaceutical products in China, today provided an update for shareholders with regards to the exchange (the Exchange) of preferred share purchase rights (the Rights) for the Companys Common Shares and Series B Convertible Preferred Shares (the Exchange Shares), originally announced on February 22, 2019, by press release .

Key Points: 
  • Sinovac Biotech Ltd. (NASDAQ:SVA) (Sinovac or the Company), a leading provider of biopharmaceutical products in China, today provided an update for shareholders with regards to the exchange (the Exchange) of preferred share purchase rights (the Rights) for the Companys Common Shares and Series B Convertible Preferred Shares (the Exchange Shares), originally announced on February 22, 2019, by press release .
  • On April 8, 2019, the Delaware Chancery Court stayed the Delaware litigation pending the outcome of 1Globes appeal of the Antigua Judgment.
  • The Exchange Shares remain issued and outstanding and holders of valid Rights may continue to submit certifications to verify that they are eligible for the Exchange.
  • The Company assumes no obligation to update the forward-looking information contained in this release.

Model N Announces Date of Second Quarter Fiscal Year 2019 Financial Results

Retrieved on: 
Wednesday, April 10, 2019
Technology, Data management, Internet, Software, Professional services, Accounting, Finance in China

Model N, Inc. (NYSE: MODN), the leading provider of cloud revenue management solutions for the pharmaceutical, medical device, high-tech manufacturing and semiconductor industries, plans to announce financial results for the second quarter fiscal year 2019 after market close on Tuesday, May 7, 2019.

Key Points: 
  • Model N, Inc. (NYSE: MODN), the leading provider of cloud revenue management solutions for the pharmaceutical, medical device, high-tech manufacturing and semiconductor industries, plans to announce financial results for the second quarter fiscal year 2019 after market close on Tuesday, May 7, 2019.
  • ET to review its financial results and business outlook.
  • Model N (NYSE: MODN) is the leader in revenue management solutions.
  • Model N is the registered trademark of Model N, Inc. Any other company names mentioned are the property of their respective owners and are mentioned for identification purposes only.

Flotek Industries Publishes New Investor Presentation

Retrieved on: 
Wednesday, April 3, 2019
Financial markets, Stock market, Finance, Finance in China, Money, Encodings, Ticker symbol, N-Shares

HOUSTON, April3, 2019 /PRNewswire/ --Flotek Industries, Inc. (NYSE: FTK) ("Flotek" or the "Company") has published a new investor presentation, which Chief Executive Officer, President & Chairman of the Board John W. Chisholm will present at the 25th Annual Oil & Gas Investment Symposium (OGIS) hosted by Independent Petroleum Association of America (IPAA).

Key Points: 
  • HOUSTON, April3, 2019 /PRNewswire/ --Flotek Industries, Inc. (NYSE: FTK) ("Flotek" or the "Company") has published a new investor presentation, which Chief Executive Officer, President & Chairman of the Board John W. Chisholm will present at the 25th Annual Oil & Gas Investment Symposium (OGIS) hosted by Independent Petroleum Association of America (IPAA).
  • The presentation contains important information regarding the Company's business post-closing of the previously announced sale of its Florida Chemical subsidiary and reflects its latest full-year 2018 earnings report period.
  • The presentation and webcast can be accessed from Flotek's Investor Relations webpage at http://www.flotekind.com/index.php/investor-relations .
  • Flotek Industries, Inc. is a publicly traded company headquartered in Houston, Texas, and its common shares are traded on the New York Stock Exchange under the ticker symbol "FTK."