Hong Kong Stock Exchange

Asia Allied Infrastructure Concludes HK$1.1 Billion 3-Year Term Loan Agreement

Retrieved on: 
Tuesday, March 14, 2023

HONG KONG, Mar 14, 2023 - (ACN Newswire) - Asia Allied Infrastructure Holdings Limited ("Asia Allied Infrastructure", "AAI", or "the Group") (stock code: 00711) is pleased to announce that it has entered into a HK$1.1 billion term loan agreement with 6 banks.

Key Points: 
  • HONG KONG, Mar 14, 2023 - (ACN Newswire) - Asia Allied Infrastructure Holdings Limited ("Asia Allied Infrastructure", "AAI", or "the Group") (stock code: 00711) is pleased to announce that it has entered into a HK$1.1 billion term loan agreement with 6 banks.
  • Part of the loan will be used to refinance the loan portfolio of the Group, while the rest will be used to support future operations and development.
  • Mr. Dominic Pang, Chairman of Asia Allied Infrastructure, said, "We would like to express our sincere appreciation to the banks for their continual trust and support to AAI, it means a lot to us.
  • Asia Allied Infrastructure Holdings Limited (stock code: 00711.HK)
    Asia Allied Infrastructure Holdings Limited ("Asia Allied Infrastructure") is listed on the Main Board of the Hong Kong Stock Exchange under stock code 00711.

H World Group Limited Schedules Fourth Quarter and Full Year of 2022 Earnings Release on March 27, 2023

Retrieved on: 
Friday, March 10, 2023

H World’s management will host a conference call at 9 p.m. (U.S. Eastern time) on Monday, March 27, 2023 (or 9 a.m. (Hong Kong time) on Tuesday, March 28, 2023) following the announcement.

Key Points: 
  • H World’s management will host a conference call at 9 p.m. (U.S. Eastern time) on Monday, March 27, 2023 (or 9 a.m. (Hong Kong time) on Tuesday, March 28, 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/BI1dea8c835421451bbf17968e92f691d6 .
  • Upon registration, each participant will receive details for the conference call, including dial-in numbers, conference call passcode and a unique access PIN.
  • A replay of the conference call will be available for twelve months from the date of the conference at the Company’s website, https://ir.hworld.com/news-and-events/events-calendar .

ZTO Provides Updates on Response to Short Seller Report

Retrieved on: 
Friday, March 10, 2023

SHANGHAI, March 9, 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 that following its previous statement in response to the allegations made in a report issued by the short-seller firm Grizzly Research LLC on March 2, 2023 (the "Short Seller Report"), the audit committee of the Company's board of directors (the "Audit Committee"), after having reviewed the allegations, at the recommendation of the management of the Company and in order to protect the interests of all shareholders, has decided to conduct an independent investigation into the allegations made in the Short Seller Report (the "Independent Investigation").

Key Points: 
  • SHANGHAI, March 9, 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 that following its previous statement in response to the allegations made in a report issued by the short-seller firm Grizzly Research LLC on March 2, 2023 (the "Short Seller Report"), the audit committee of the Company's board of directors (the "Audit Committee"), after having reviewed the allegations, at the recommendation of the management of the Company and in order to protect the interests of all shareholders, has decided to conduct an independent investigation into the allegations made in the Short Seller Report (the "Independent Investigation").
  • The Audit Committee has engaged and will be assisted by independent professional advisors, including an international law firm and a forensic accounting firm that is not the Company's auditor.
  • The Company will provide updates on the Independent Investigation in due course consistent with the requirements of applicable rules and regulations of the Securities and Exchange Commission, the New York Stock Exchange, and The Stock Exchange of Hong Kong Limited.
  • The Company reiterates its continued and unwavering commitment to maintaining high standards of corporate governance and internal control, as well as transparent and timely disclosure in compliance with applicable rules and regulations.

Trip.com Group Limited Reports Unaudited Fourth Quarter and Full Year of 2022 Financial Results

Retrieved on: 
Monday, March 6, 2023

-  Outbound air-ticket bookings and hotel bookings increased by over 200% and 140% year over year in the fourth quarter, respectively.

Key Points: 
  • -  Outbound air-ticket bookings and hotel bookings increased by over 200% and 140% year over year in the fourth quarter, respectively.
  • "We are encouraged by our solid results in 2022 and strong recovery in the recent months," said Jane Sun, Chief Executive Officer.
  • The Company's domestic business was negatively impacted by the COVID-19 pandemic in the fourth quarter of 2022.
  • For the fourth quarter of 2022, Trip.com Group reported net revenue of RMB5.0 billion (US$729 million), representing a 7% increase from the same period in 2021.

HKEX Announces Plans to Open London Office

Retrieved on: 
Thursday, March 2, 2023

HONG KONG, March 2, 2023 /PRNewswire/ -- Hong Kong Exchanges and Clearing Limited (HKEX) is pleased to confirm today (Thursday) that it will open an office in London in the first half of 2023.

Key Points: 
  • HONG KONG, March 2, 2023 /PRNewswire/ -- Hong Kong Exchanges and Clearing Limited (HKEX) is pleased to confirm today (Thursday) that it will open an office in London in the first half of 2023.
  • Preparatory work to open the London office is also ongoing.
  • HKEX Chief Executive Officer, Nicolas Aguzin, said: "We are delighted to be opening HKEX's first European office in London, one of the world's most dynamic and vibrant financial, business and cultural cities.
  • HKEX has strong ties with the financial community in London through the London Metal Exchange, and this new office will further strengthen our commitment to supporting the ambitions of our broad range of customers around the world.

HKEX Announces Plans to Open London Office

Retrieved on: 
Thursday, March 2, 2023

HONG KONG, March 2, 2023 /PRNewswire/ -- Hong Kong Exchanges and Clearing Limited (HKEX) is pleased to confirm today (Thursday) that it will open an office in London in the first half of 2023.

Key Points: 
  • HONG KONG, March 2, 2023 /PRNewswire/ -- Hong Kong Exchanges and Clearing Limited (HKEX) is pleased to confirm today (Thursday) that it will open an office in London in the first half of 2023.
  • Preparatory work to open the London office is also ongoing.
  • HKEX Chief Executive Officer, Nicolas Aguzin, said: "We are delighted to be opening HKEX's first European office in London, one of the world's most dynamic and vibrant financial, business and cultural cities.
  • HKEX has strong ties with the financial community in London through the London Metal Exchange, and this new office will further strengthen our commitment to supporting the ambitions of our broad range of customers around the world.

Logory (Stock code: 2482) Announces its Global Offering

Retrieved on: 
Monday, February 27, 2023

In 2002, the predecessor of Logory was established in Beijing.

Key Points: 
  • In 2002, the predecessor of Logory was established in Beijing.
  • The Company has successfully built a digitalized ecosystem for road freight transportation in China.
  • The Company provides digital freight services and solutions to shippers, such as logistics companies and cargo owners, as well as truckers.
  • Haitong International Securities Company Limited is the Overall Coordinator, Sole Global Coordinator, Joint Bookrunner and Joint Lead Manager.

OTC Markets Group Announces the 2023 OTCQX Best 50

Retrieved on: 
Wednesday, January 18, 2023

NEW YORK, Jan. 18, 2023 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), today announced the 2023 OTCQX® Best 50, a ranking of the top-performing OTCQX companies in the prior calendar year.

Key Points: 
  • NEW YORK, Jan. 18, 2023 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), today announced the 2023 OTCQX® Best 50, a ranking of the top-performing OTCQX companies in the prior calendar year.
  • The OTCQX Best 50 is an annual ranking of the top 50 U.S. and international companies traded on the OTCQX Best Market, based on an equal weighting of one-year total return and average daily dollar volume growth.
  • Companies in the 2023 OTCQX Best 50 were ranked based on their performance during the 2022 calendar year.
  • “We congratulate the 2023 OTCQX Best 50 companies on being able to outperform their peers in a year of difficult market conditions,” said Jason Paltrowitz, OTC Markets Group EVP of Corporate Services.

New Oriental Announces Results for the Second Fiscal Quarter Ended November 30, 2022

Retrieved on: 
Tuesday, January 17, 2023

(5)  The key financial results for the second fiscal quarter of 2022 have not been previously released.

Key Points: 
  • (5)  The key financial results for the second fiscal quarter of 2022 have not been previously released.
  • In this fiscal quarter, our overseas test preparation and overseas study consulting businesses increased by approximately 17% and 14% year over year, respectively.
  • Simultaneously, our educational new business initiatives sustained a strong growth and generated meaningful profit in this fiscal quarter.
  • Financial Results for the Second Fiscal Quarter Ended November 30, 2022
    For the second fiscal quarter of 2023, New Oriental reported net revenues of US$638.2 million, representing a 3.1% decrease year over year.

China Southern Airlines Company Limited

Retrieved on: 
Friday, January 13, 2023

From and after that date, the ADSs of the Company will no longer be listed and traded on the NYSE.

Key Points: 
  • From and after that date, the ADSs of the Company will no longer be listed and traded on the NYSE.
  • Once the Form 15F is filed, the Company will publish the information required under Rule 12g3-2(b) of the Exchange Act on its website, https://www.csair.com .
  • The Company intends to terminate its ADS program after delisting its ADSs from the NYSE in due course in accordance with the deposit agreement.
  • H Shares of the Company will continue to be traded on the Hong Kong Stock Exchange.