Hong Kong Stock Exchange

Trip.com Group Limited Reports Unaudited First Quarter of 2023 Financial Results

Retrieved on: 
Wednesday, June 7, 2023
Travel, Failure, Marketing, ADS, OTA, Hong Kong Stock Exchange, COVID-19, Stock exchange, TCOM, Transport, Trip.com Group, Securities and Exchange Commission (Nigeria), Government, Domestic, Quarantine, US, PIN, EBITDA, Investment, Corporation, Growth, Development, Adjustment, Tourism, Video game, Bank, Security (finance), PRC, Webcast

SHANGHAI, June 7, 2023 /PRNewswire/ -- Trip.com Group Limited (Nasdaq: TCOM; HKEX: 9961) ("Trip.com Group" or the "Company"), a leading one-stop travel service provider of accommodation reservation, transportation ticketing, packaged tours, and corporate travel management, today announced its unaudited financial results for the first quarter of 2023.

Key Points: 
  • SHANGHAI, June 7, 2023 /PRNewswire/ -- Trip.com Group Limited (Nasdaq: TCOM; HKEX: 9961) ("Trip.com Group" or the "Company"), a leading one-stop travel service provider of accommodation reservation, transportation ticketing, packaged tours, and corporate travel management, today announced its unaudited financial results for the first quarter of 2023.
  • Adjusted EBITDA margin was 31%, compared to 2% for the same period in 2022 and 6% for the previous quarter.
  • "During the first quarter of 2023, there has been an upsurge in both domestic and outbound travel activities in China," said James Liang, Executive Chairman.
  • Adjusted EBITDA margin was 31% for the first quarter of 2023, compared to 2% for the same period in 2022 and 6% for the previous quarter.

AM Best Affirms Credit Ratings of FuSure Reinsurance Company Limited

Retrieved on: 
Wednesday, May 24, 2023
Banking, Professional Services, Insurance, Finance, Communication, AM Best, Greater, ALL, ERM, Hong Kong Stock Exchange, Risk management, Credit, Projection, Risk, AM, Health, ORSA, News, Tencent

AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of FuSure Reinsurance Company Limited (FuSure) (Hong Kong).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of FuSure Reinsurance Company Limited (FuSure) (Hong Kong).
  • The ratings reflect FuSure’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management (ERM).
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

ZTO Reports First Quarter 2023 Unaudited Financial Results

Retrieved on: 
Wednesday, May 17, 2023
Table, Share repurchase, VAT, ADS, Hong Kong Stock Exchange, Stock exchange, GAAP, H.10, Motherboard, Structure of the Federal Reserve System, EBITDA, Translation, Florida Board of Governors, Line, Depreciation, Transport, Automation, Fine chemical, Film industry, Pharmaceutical industry, Health insurance, Music, Bank, Reinsurance, Bookkeeping, Cryptocurrency, Security (finance), Renminbi

SHANGHAI, May 17, 2023 /PRNewswire/ -- ZTO Express (Cayman) Inc. (NYSE: ZTO and SEHK: 2057), a leading and fast-growing express delivery company in China ("ZTO" or the "Company"), today announced its unaudited financial results for the first quarter ended March 31, 2023[1]. The Company grew parcel volume by 20.5% year over year and expanded market share by 1.8 percentage points to 23.4% while maintaining high quality of service and customer satisfaction. Adjusted net income [2] increased 82.1% to reach RMB1,919.8 million. Cash generated from operating activities was RMB2,738.0 million.

Key Points: 
  • As of March 31, 2023, 454 sets of automated sorting equipment were in service, compared to 422 sets as of March 31, 2022.
  • Reconciliations of the Company's non-GAAP financial measures to its U.S. GAAP financial measures are shown in tables at the end of this earnings release, which provide more details about the non-GAAP financial measures.
  • ZTO encourages investors and others to review the Company's financial information in its entirety and not rely on a single financial measure.
  • ZTO's management team will host an earnings conference call at 8:30 PM U.S. Eastern Time on Wednesday, May 17, 2023 (8:30 AM Beijing Time on Thursday, May 18, 2023).

OTC Markets Group Welcomes Techtronic Industries Co. Ltd. to the OTCQX Market

Retrieved on: 
Tuesday, May 16, 2023
ADR, PLLC, Amman Stock Exchange, Stock exchange, TTI, SEHK, OTCQX, Hong Kong Stock Exchange, Security (finance)

NEW YORK, May 16, 2023 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Techtronic Industries Co. Ltd. (Hong Kong Stock Exchange: 669; OTCQX: TTNDY, TTNDF), a global leader in cordless Professional Tools, DIY Tools, and Outdoor Power Equipment has qualified to trade on the OTCQX® Best Market, previously trading on the Pink® market.

Key Points: 
  • NEW YORK, May 16, 2023 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Techtronic Industries Co. Ltd. (Hong Kong Stock Exchange: 669; OTCQX: TTNDY, TTNDF), a global leader in cordless Professional Tools, DIY Tools, and Outdoor Power Equipment has qualified to trade on the OTCQX® Best Market, previously trading on the Pink® market.
  • Upgrading to the OTCQX Market is an important step for companies seeking to provide transparent trading for their U.S. investors.
  • For companies listed on a qualified international exchange, streamlined market standards enable them to utilize their home market reporting to make their information available in the U.S. To qualify for the OTCQX Market, companies must meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws.
  • Mr. Joseph Galli, CEO of TTI, commented, “We are delighted to begin trading on the OTCQX market.

SF Intra-city is Honoured to be Included in MSCI China Small Cap Index

Retrieved on: 
Monday, May 15, 2023
Cloud, Software as a service, SF, MSCI, Hong Kong Stock Exchange, Intelligence, Index, Motherboard, Yoy, Main Board for Serb Liberation, Xinjiang Beishan Mining Industry Co., Ltd., Cryptocurrency

HONG KONG, May 15, 2023 /PRNewswire/ -- The results of the May 2023 Index Review on the MSCI China Small Cap Index have been released.

Key Points: 
  • HONG KONG, May 15, 2023 /PRNewswire/ -- The results of the May 2023 Index Review on the MSCI China Small Cap Index have been released.
  • Hangzhou SF Intra-city Industrial Co., Ltd. (Stock Code: 9699.HK), the largest third-party on-demand delivery service provider in China, will be added to the MSCI China Small Cap Index, effective after the market closes on 31 May 2023.
  • The MSCI China Small Cap Index is an equity index compiled by MSCI Inc., a leading provider of critical decision support tools and services for the global investment community, for measuring the performance of the small-cap segment of the China market.
  • SF Intra-city was included in the MSCI China Small Cap Index according to the results of the May 2023 Index Review.

SF Intra-city is Honoured to be Included in MSCI China Small Cap Index

Retrieved on: 
Friday, May 12, 2023
Cloud, Software as a service, SF, MSCI, Hong Kong Stock Exchange, Intelligence, Index, Motherboard, Yoy, Main Board for Serb Liberation, Xinjiang Beishan Mining Industry Co., Ltd., Cryptocurrency

HONG KONG, May 12, 2023 /PRNewswire/ -- The results of the May 2023 Index Review on the MSCI China Small Cap Index have been released.

Key Points: 
  • HONG KONG, May 12, 2023 /PRNewswire/ -- The results of the May 2023 Index Review on the MSCI China Small Cap Index have been released.
  • Hangzhou SF Intra-city Industrial Co., Ltd. (Stock Code: 9699.HK), the largest third-party on-demand delivery service provider in China, will be added to the MSCI China Small Cap Index, effective after the market closes on 31 May 2023.
  • The MSCI China Small Cap Index is an equity index compiled by MSCI Inc., a leading provider of critical decision support tools and services for the global investment community, for measuring the performance of the small-cap segment of the China market.
  • SF Intra-city was included in the MSCI China Small Cap Index according to the results of the May 2023 Index Review.

ESPRIT Opens a Long Term, Experiential Pop Up Space on Greene Street in New York City's SoHo Neighborhood

Retrieved on: 
Thursday, May 11, 2023
ESPRIT, SoHo, Manhattan, Hong Kong Stock Exchange, Development, Memphis, Prince Street station, Attitude, Retail

NEW YORK, May 11, 2023 /PRNewswire/ -- ESPRIT is set to open a long-term pop up space today at 130 Greene Street in New York City's SoHo neighborhood.

Key Points: 
  • NEW YORK, May 11, 2023 /PRNewswire/ -- ESPRIT is set to open a long-term pop up space today at 130 Greene Street in New York City's SoHo neighborhood.
  • Following the brand's reintroduction to NYC with its Prince Street pop up, this 3,000 square foot retail location will also act as an experiential space where shoppers can fully experience the famous ESPRIT attitude.
  • This new pop up is part of the expansion plan that ESPRIT is implementing across North America throughout this year and into 2024.
  • ESPRIT returned to the U.S. in Fall 2022 with a pop up in Los Angeles and plans to open another short-term pop up in Los Angeles this Summer.

ZTO Express to Hold Annual General Meeting on June 14, 2023

Retrieved on: 
Tuesday, May 9, 2023
Exercise, Cayman, Date, Three Garden Road, Central, Hong Kong Stock Exchange, JPMorgan Chase, Stock exchange, AGM, Bangladesh Securities and Exchange Commission, Queen's Road, Hong Kong, Limited, HKEX, Chase Bank, Annual report, NYSE, Cryptocurrency

SHANGHAI, May 9, 2023 /PRNewswire/ -- ZTO Express (Cayman) Inc. (NYSE: ZTO and HKEX: 2057) ("ZTO" or the "Company"), a leading and fast-growing express delivery company in China, today announced that it will hold its annual general meeting of shareholders ("AGM") on Wednesday, June 14, 2023, at 2 p.m. (local time), at 9/F, The Center, 99 Queen's Road Central, Central, Hong Kong, for the purposes of considering and, if thought fit, passing each of the Proposed Resolutions as defined and set forth in the notice of the AGM (the "AGM Notice").

Key Points: 
  • SHANGHAI, May 9, 2023 /PRNewswire/ -- ZTO Express (Cayman) Inc. (NYSE: ZTO and HKEX: 2057) ("ZTO" or the "Company"), a leading and fast-growing express delivery company in China, today announced that it will hold its annual general meeting of shareholders ("AGM") on Wednesday, June 14, 2023, at 2 p.m. (local time), at 9/F, The Center, 99 Queen's Road Central, Central, Hong Kong, for the purposes of considering and, if thought fit, passing each of the Proposed Resolutions as defined and set forth in the notice of the AGM (the "AGM Notice").
  • An online live webcast of the meeting will also be made available for holders of ordinary shares of the Company as of the Record Date.
  • The AGM Notice and the form of proxy for the AGM are available on the Company's website at http://zto.investorroom.com .
  • The board of directors of the Company fully supports the Proposed Resolutions and recommends that shareholders and holders of American depositary shares ("ADSs") vote in favor of the Proposed Resolutions.

H World Group Limited Schedules First Quarter of 2023 Earnings Release on May 29, 2023

Retrieved on: 
Tuesday, May 9, 2023
Hong Kong Stock Exchange, HKEX, Stock exchange, PIN, Clothing, Video game

SINGAPORE and SHANGHAI, China, May 09, 2023 (GLOBE NEWSWIRE) -- H World Group Limited (NASDAQ: HTHT and HKEX: 1179) (“H World”, “we” or “our”) a key player in the global hotel industry, today announced that it will schedule to release its unaudited financial results for the first quarter of 2023 on Monday, May 29, 2023 (Hong Kong time), after the trading hours of The Stock Exchange of Hong Kong Limited and before the opening of the U.S. market.

Key Points: 
  • SINGAPORE and SHANGHAI, China, May 09, 2023 (GLOBE NEWSWIRE) -- H World Group Limited (NASDAQ: HTHT and HKEX: 1179) (“H World”, “we” or “our”) a key player in the global hotel industry, today announced that it will schedule to release its unaudited financial results for the first quarter of 2023 on Monday, May 29, 2023 (Hong Kong time), after the trading hours of The Stock Exchange of Hong Kong Limited and before the opening of the U.S. market.
  • H World’s management will host a conference call at 9 p.m. (U.S. Eastern time) on Monday, May 29, 2023 (or 9 a.m. (Hong Kong time) on Tuesday, May 30, 2023) following the announcement.
  • To join by phone, all participants must pre-register this conference call using the Participant Registration link of https://register.vevent.com/register/BI06e8970e467241ed8d3d88d65a544383 .
  • Upon registration, each participant will receive details for the conference call, including dial-in numbers, conference call passcode and a unique access PIN.

DPC Dash Accelerates China Expansion After Successful Hong Kong IPO, Adding Three New Cities in a Day

Retrieved on: 
Thursday, May 4, 2023
Exercise, IPO, Pizza, Domino's Pizza, Inc. v. McDonald, DPC, Hong Kong Stock Exchange, Master franchise, Macau, City, Domino's, HK, Fast food, Dominoes, Greater China

DPC Dash operates 638 stores across 20 cities in China as of April 30.

Key Points: 
  • DPC Dash operates 638 stores across 20 cities in China as of April 30.
  • HONG KONG, May 4, 2023 /PRNewswire/ -- DPC Dash Ltd ("DPC Dash" or the "Company") (HK: 1405), Domino's Pizza's exclusive master franchisee in the China Mainland, the Hong Kong Special Administrative Region of China, and the Macau Special Administrative Region of China, is speeding its China expansion, following its successful Hong Kong IPO in March 2023, adding presence in three new cities in a day.
  • DPC Dash became a publicly listed company trading on the Hong Kong Stock Exchange under the new stock code "1405.HK" on March 28, 2023.
  • DPC Dash has operated Domino's Pizza since December 2010, when it acquired Domino's Pizza's then master franchisee in several Chinese provinces, Pizzavest China Ltd.