Economy of Asia

HUTCHMED Announces Selection of Its Shares in the Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connect Programs

Retrieved on: 
Monday, September 6, 2021

HONG KONG and SHANGHAI, China and FLORHAM PARK, N.J., Sept. 06, 2021 (GLOBE NEWSWIRE) -- HUTCHMED (China) Limited ( HUTCHMED ) (Nasdaq/AIM: HCM; HKEX: 13) today announces that the Companys ordinary shares, which trade on The Stock Exchange of Hong Kong Limited (HKEX), are included in the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect programs, effective on September 6, 2021, according to announcements issued by the Shanghai Stock Exchange and the Shenzhen Stock Exchange.

Key Points: 
  • HONG KONG and SHANGHAI, China and FLORHAM PARK, N.J., Sept. 06, 2021 (GLOBE NEWSWIRE) -- HUTCHMED (China) Limited ( HUTCHMED ) (Nasdaq/AIM: HCM; HKEX: 13) today announces that the Companys ordinary shares, which trade on The Stock Exchange of Hong Kong Limited (HKEX), are included in the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect programs, effective on September 6, 2021, according to announcements issued by the Shanghai Stock Exchange and the Shenzhen Stock Exchange.
  • The Stock Connect programs allow international and Mainland Chinese investors to trade securities in each other's markets through the trading and clearing facilities of HKEX, Shanghai and Shenzhen Stock Exchanges.
  • Qualified Mainland Chinese investors can access eligible Hong Kong shares (Southbound), while Hong Kong and overseas investors can trade eligible A shares (Northbound), subject to specified daily quotas.
  • Inclusion in the Hang Seng Composite Index is a key requirement for the Stock Connect scheme.

Hong Kong Trade Development Council Chairman Dr Peter KN Lam confident in Hong Kong's business environment

Retrieved on: 
Tuesday, July 20, 2021

HONG KONG, July 20, 2021 - (ACN Newswire) - The Hong Kong Trade Development Council (HKTDC) noticed recent discussions on Hong Kong's business environment.

Key Points: 
  • HONG KONG, July 20, 2021 - (ACN Newswire) - The Hong Kong Trade Development Council (HKTDC) noticed recent discussions on Hong Kong's business environment.
  • Dr Peter KN Lam, Chairman of the HKTDC, said that most companies operating in Hong Kong remain confident in the city's business landscape.
  • Dr. Lam said, "Based on my interaction with Hong Kong's international business community, they are excited about the vast opportunities arising from the Guangdong-Hong Kong-Macao Greater Bay Area development, and see Hong Kong as the ideal entry point."
  • The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade.

More than 830,000 visitors attend 31st HKTDC Hong Kong Book Fair

Retrieved on: 
Tuesday, July 20, 2021

HONG KONG, July 20, 2021 - (ACN Newswire) - The HKTDC Hong Kong Book Fair, the HKTDC Hong Kong Sports and Leisure Expo and the debut HKTDC World of Snacks drew to a successful close today.

Key Points: 
  • HONG KONG, July 20, 2021 - (ACN Newswire) - The HKTDC Hong Kong Book Fair, the HKTDC Hong Kong Sports and Leisure Expo and the debut HKTDC World of Snacks drew to a successful close today.
  • The HKTDC Hong Kong Book Fair, organised by the Hong Kong Trade Development Council (HKTDC), concluded today.
  • Book Fair marks return of large-scale physical public shows, with more to come
    Benjamin Chau, HKTDC Deputy Executive Director, said: "This year's Hong Kong Book Fair attracted more than 830,000 visitors over its seven-day run.
  • These include the HKTDC Hong Kong International Jewellery Show and HKTDC Hong Kong International Diamond, Gem & Pearl Show, which will run from 25 to 29 July, as well as the HKTDC Food Expo, HKTDC Hong Kong International Tea Fair, Beauty & Wellness Expo, HKTDC Home Delights Expo and HKTDC Kong International Wine & Spirits Fair (Special Edition), which will run from 12 to 16 August.

30th HKTDC Education & Careers Expo opens today

Retrieved on: 
Thursday, July 15, 2021

Hub for study and job opportunities, 2,600+ vacancies offered

Key Points: 
  • Hub for study and job opportunities, 2,600+ vacancies offered
    HONG KONG, July 15, 2021 - (ACN Newswire) - Organised by the Hong Kong Trade Development Council (HKTDC), the 30th edition of the HKTDC Education & Careers Expo opened today and runs until 18 July (Sunday) at the Hong Kong Convention and Exhibition Centre (HKCEC).
  • The expo is held concurrently with the HKTDC Hong Kong Book Fair, HKTDC Hong Kong Sports and Leisure Expo and HKTDC World of Snacks, all taking place at the HKCEC.
  • Open to the public free of charge, the two major sections at the expo - Education and Careers - provide comprehensive information on education and job opportunities.
  • In her welcoming remarks, Margaret Fong, HKTDC Executive Director, said: "Entering its 30th edition, the Education & Careers Expo is a one-stop platform for students and jobseekers looking to review a broad range of education opportunities and career options.

Renowned authors speak at HKTDC Hong Kong Book Fair

Retrieved on: 
Friday, July 9, 2021

HONG KONG, July 9, 2021 - (ACN Newswire) - The long-awaited 31st HKTDC Hong Kong Book Fair takes place from 14 to 20 July at the Hong Kong Convention and Exhibition Centre (HKCEC).

Key Points: 
  • HONG KONG, July 9, 2021 - (ACN Newswire) - The long-awaited 31st HKTDC Hong Kong Book Fair takes place from 14 to 20 July at the Hong Kong Convention and Exhibition Centre (HKCEC).
  • Other authors in the star-studded line-up include Liang Hong, Shuang Xuetao and Wei Hui from Mainland China and Cheng Pei-kai, Louis Ng, Xu Zidong, Ronald Soong and Zhou Jieru from Hong Kong.
  • Seminar Series information and photo download: https://bit.ly/35WxcRD
    The 31st HKTDC Hong Kong Book Fair, HKTDC Hong Kong Sports and Leisure Expo and World of Snacks
    - Hong Kong Book Fair: www.hkbookfair.com/en
    - Hong Kong Sports and Leisure Expo: www.hkbookfair.com/hksportsleisureexpo/en
    The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade.
  • With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub.

HKTDC Education & Careers Expo opens next week

Retrieved on: 
Tuesday, July 6, 2021

The event will run concurrently with the HKTDC Hong Kong Book Fair, HKTDC Hong Kong Sports and Leisure Expo and World of Snacks, all taking place at the HKCEC.

Key Points: 
  • The event will run concurrently with the HKTDC Hong Kong Book Fair, HKTDC Hong Kong Sports and Leisure Expo and World of Snacks, all taking place at the HKCEC.
  • Speaking at a press conference held today, Sophia Chong, HKTDC Assistant Executive Director, said that the HKTDC Education & Careers Expo will provide a one-stop platform for education, further studies and career opportunities.
  • Open to the public free of charge, the expo provides comprehensive information on education and job opportunities available in Hong Kong and overseas.
  • This year, the Education & Careers Expo features several thematic zones covering further education, continuing studies and job opportunities.

Online Brokerage Tiger Brokers strengthens Singapore operations with approvals-in-principle for SGX trading membership in securities and derivatives, and CDP clearing rights in Singapore

Retrieved on: 
Monday, June 28, 2021

Tiger Brokers has also received approval-in-principle from Singapore Exchange Securities Trading Limited ("SGX-ST") as well as Singapore Exchange Derivatives Trading Limited (SGX-DT") for admission as a Trading Member.

Key Points: 
  • Tiger Brokers has also received approval-in-principle from Singapore Exchange Securities Trading Limited ("SGX-ST") as well as Singapore Exchange Derivatives Trading Limited (SGX-DT") for admission as a Trading Member.
  • Eng Thiam Choon, CEO of Tiger Brokers Singapore commented, "Tiger Brokers Singapore has always been focused on bringing a superior user experience to investors.
  • About Tiger Brokers (Singapore) Pte Ltd.
    Tiger Brokers Singapore Pte Ltd ("Tiger Brokers Singapore") is a brokerage firm operating with a Capital Markets Services ("CMS") Licence from the Monetary Authority of Singapore ("MAS").
  • Tiger Brokers Singapore is the Singapore entity of UP Fintech Holding Limited, known as "Tiger Brokers" in Asia, a leading online brokerage firm focusing on global investors.

UP Fintech Holding Limited’s Singapore Subsidiary Receives Approval-in-Principle Regarding Securities Trading and Clearing in Singapore

Retrieved on: 
Friday, June 25, 2021

Ltd. or (TBSPL) has received approval-in-principle to be admitted as a Clearing Member of The Central Depository (Pte) Limited (CDP).

Key Points: 
  • Ltd. or (TBSPL) has received approval-in-principle to be admitted as a Clearing Member of The Central Depository (Pte) Limited (CDP).
  • TBSPL also received approval-in-principle from Singapore Exchange Securities Trading Limited (SGX) as well as Singapore Exchange Derivatives Trading Limited for admission as a trading member.
  • TBSPL looks forward to developing its partnerships with CDP and SGX and strengthening its presence in the Singapore market.
  • UP Fintech Holding Limited is a leading online brokerage firm focusing on global investors.

Mando Announces Strategy to Advance into Specialized 'EV Solutions' and 'Autonomous Driving' Companies Path for achieving 9 trillion KRW revenue by 2025

Retrieved on: 
Thursday, June 10, 2021

Mando announced on June 9th 2021, that its Board of Directors approved the company's plan to split-off its 'Autonomous Driving (ADAS)' business.

Key Points: 
  • Mando announced on June 9th 2021, that its Board of Directors approved the company's plan to split-off its 'Autonomous Driving (ADAS)' business.
  • MMS and MHE are aiming to achieve 2 trillion KRW in revenue by 2025', which is an increase of 800 billion KRW from that of the 2021 business plan.
  • Existing Co.'s target revenue by 2025 is 7.4 trillion KRW, which is an increase of 2.2 trillion KRW from that of 2021 business plan.
  • Total revenue of Existing Co. and New Co. in 2025 is expected to reach 9 trillion KRW on a consolidated basis (removing intercompany transactions), which is an additional growth of 3 trillion KRW from 2021 business plan (6.1 trillion KRW).

Mando Announces Strategy to Advance into Specialized 'EV Solutions' and 'Autonomous Driving' Companies Path for achieving 9 trillion KRW revenue by 2025

Retrieved on: 
Wednesday, June 9, 2021

Mando announced on June 9th 2021, that its Board of Directors approved the company's plan to split-off its 'Autonomous Driving (ADAS)' business.

Key Points: 
  • Mando announced on June 9th 2021, that its Board of Directors approved the company's plan to split-off its 'Autonomous Driving (ADAS)' business.
  • MMS and MHE are aiming to achieve 2 trillion KRW in revenue by 2025', which is an increase of 800 billion KRW from that of the 2021 business plan.
  • Existing Co.'s target revenue by 2025 is 7.4 trillion KRW, which is an increase of 2.2 trillion KRW from that of 2021 business plan.
  • Total revenue of Existing Co. and New Co. in 2025 is expected to reach 9 trillion KRW on a consolidated basis (removing intercompany transactions), which is an additional growth of 3 trillion KRW from 2021 business plan (6.1 trillion KRW).