Hong Kong Exchanges and Clearing

Milwaukee Tool Opens New Manufacturing Plant in West Bend - 150 New Jobs!

Retrieved on: 
Wednesday, August 10, 2022

This morning the company was joined by the Wisconsin Economic Development Corporation (WEDC), the Milwaukee 7 (M7), West Bend officials, and industry partners to celebrate the grand opening of the company's newest manufacturing plant in West Bend, WI.

Key Points: 
  • This morning the company was joined by the Wisconsin Economic Development Corporation (WEDC), the Milwaukee 7 (M7), West Bend officials, and industry partners to celebrate the grand opening of the company's newest manufacturing plant in West Bend, WI.
  • Milwaukee Tool's facility is the first development in the City of West Bend's newest 216-acre industrial park, West Bend Manufacturing Center.
  • "We are proud to welcome Milwaukee Tool to the City of West Bend," said West Bend City Administrator Jay Shambeau.
  • "As Milwaukee Tool has grown its investments in Wisconsin, WEDC has been pleased to invest in Milwaukee Tool."

Moomoo's Parent Company Futu Announces Investment Grade Rating Reaffirmed by S&P Global Ratings

Retrieved on: 
Thursday, July 28, 2022

Last year, Futu was granted a BBB- long-term issuer credit rating by S&P, marking the first Hong Kong brokerage to independently receive BBB- rating from S&P.

Key Points: 
  • Last year, Futu was granted a BBB- long-term issuer credit rating by S&P, marking the first Hong Kong brokerage to independently receive BBB- rating from S&P.
  • S&P believed that Futu has started to diversify its funding structure and liquidity sources in recent years.
  • Futu Holdings Limited (Nasdaq: FUTU) is an advanced technology company transforming the investing experience by offering a fully digitalized brokerage and wealth management platform.
  • Moomoo's parent company is the Nasdaq-listed fintech company Futu Holdings Limited ("Futu"), which is headquartered inHong Kong.

HKEX Celebrates Launch of ETF Inclusion in Stock Connect

Retrieved on: 
Monday, July 4, 2022

HONG KONG, July 4, 2022 /PRNewswire/ --Hong Kong Exchanges and Clearing Limited (HKEX) today (Monday) celebrates the successful launch of the inclusion of ETFs in Stock Connect with a virtual market open ceremony.

Key Points: 
  • HONG KONG, July 4, 2022 /PRNewswire/ --Hong Kong Exchanges and Clearing Limited (HKEX) today (Monday) celebrates the successful launch of the inclusion of ETFs in Stock Connect with a virtual market open ceremony.
  • HKEX Chief Executive Officer, Nicolas Aguzin, said: "The inclusion of ETFs in Stock Connect is great news and continues our commitment to enhance the vibrancy, diversity and attractiveness of our markets.
  • The inclusion of ETFs in Stock Connect signifies our ambition to enhance our ETF franchise, and reinforce Hong Kong's position as Asia's ETF marketplace," Mr Aguzin added.
  • HKEX is a purpose-led organisation which, across its business and through the work of HKEX Foundation, seeks to connect, promote and progress it markets and the communities they support for the prosperity of all.

HKEX Celebrates Launch of ETF Inclusion in Stock Connect

Retrieved on: 
Monday, July 4, 2022

HONG KONG, July 4, 2022 /PRNewswire/ --Hong Kong Exchanges and Clearing Limited (HKEX) today (Monday) celebrates the successful launch of the inclusion of ETFs in Stock Connect with a virtual market open ceremony.

Key Points: 
  • HONG KONG, July 4, 2022 /PRNewswire/ --Hong Kong Exchanges and Clearing Limited (HKEX) today (Monday) celebrates the successful launch of the inclusion of ETFs in Stock Connect with a virtual market open ceremony.
  • HKEX Chief Executive Officer, Nicolas Aguzin, said: "The inclusion of ETFs in Stock Connect is great news and continues our commitment to enhance the vibrancy, diversity and attractiveness of our markets.
  • The inclusion of ETFs in Stock Connect signifies our ambition to enhance our ETF franchise, and reinforce Hong Kong's position as Asia's ETF marketplace," Mr Aguzin added.
  • HKEX is a purpose-led organisation which, across its business and through the work of HKEX Foundation, seeks to connect, promote and progress it markets and the communities they support for the prosperity of all.

Yidu Tech Announces Annual Results for Fiscal Year 2022

Retrieved on: 
Monday, June 27, 2022

HONG KONG, June 27, 2022 /PRNewswire/ -- Yidu Tech Inc. ("Yidu Tech", the "Group", HKEx: 2158), a leading company in China's healthcare intelligence industry, announced its annual results for the fiscal year ended March 31, 2022 ("FY2022" or the "Reporting Period").

Key Points: 
  • HONG KONG, June 27, 2022 /PRNewswire/ -- Yidu Tech Inc. ("Yidu Tech", the "Group", HKEx: 2158), a leading company in China's healthcare intelligence industry, announced its annual results for the fiscal year ended March 31, 2022 ("FY2022" or the "Reporting Period").
  • Since the fiscal year 2019, the three business segments of Yidu Tech have maintained rapid growth for three consecutive years.
  • As of March 31, 2022, Yidu Tech provided data intelligence platforms and data analytics-driven solutions to 82 leading research hospitals and 26 regulators and policy makers in China.
  • Ms. Gong Yingying (Rujing), Chairlady, CEO and Founder of Yidu Tech, remarked, "Going forward, Yidu Tech will adhere to its mission of making value-based precision healthcare accessible to everyone and strengthen its core technology capabilities and ability to cultivate the healthcare ecosystem, thereby creating long-term value for the healthcare intelligence industry."

Yidu Tech Announces Annual Results for Fiscal Year 2022

Retrieved on: 
Monday, June 27, 2022

HONG KONG, June 27, 2022 /PRNewswire/ -- Yidu Tech Inc. ("Yidu Tech", the "Group", HKEx: 2158), a leading company in China's healthcare intelligence industry, announced its annual results for the fiscal year ended March 31, 2022 ("FY2022" or the "Reporting Period").

Key Points: 
  • HONG KONG, June 27, 2022 /PRNewswire/ -- Yidu Tech Inc. ("Yidu Tech", the "Group", HKEx: 2158), a leading company in China's healthcare intelligence industry, announced its annual results for the fiscal year ended March 31, 2022 ("FY2022" or the "Reporting Period").
  • Since the fiscal year 2019, the three business segments of Yidu Tech have maintained rapid growth for three consecutive years.
  • As of March 31, 2022, Yidu Tech provided data intelligence platforms and data analytics-driven solutions to 82 leading research hospitals and 26 regulators and policy makers in China.
  • Ms. Gong Yingying (Rujing), Chairlady, CEO and Founder of Yidu Tech, remarked, "Going forward, Yidu Tech will adhere to its mission of making value-based precision healthcare accessible to everyone and strengthen its core technology capabilities and ability to cultivate the healthcare ecosystem, thereby creating long-term value for the healthcare intelligence industry."

Naspers: Disposal of JD.com Shares Received From Tencent Holdings Limited

Retrieved on: 
Monday, June 27, 2022

Prosus N.V. (which is majority owned by Naspers) (Prosus) (Euronext Amsterdam: PRX; JSE: PRX), through its subsidiary MIH TC Holdings Limited, received 131 873 028 JD.com shares under the JD.com in specie distribution, representing a c.4% effective interest in JD.com.

Key Points: 
  • Prosus N.V. (which is majority owned by Naspers) (Prosus) (Euronext Amsterdam: PRX; JSE: PRX), through its subsidiary MIH TC Holdings Limited, received 131 873 028 JD.com shares under the JD.com in specie distribution, representing a c.4% effective interest in JD.com.
  • As JD.com does not form part of the groups core strategic focus and the JD.com shares were received by the Prosus group as a result of the JD.com in specie distribution, the Prosus group implemented an orderly disposal of the JD.com shares on the open market.
  • The JD.com shares were sold through an on-market orderly sales process comprising of a number of separate sales over time (the Disposal).
  • The aggregate Disposal of the JD.com shares constitutes a category 2 transaction for Naspers in terms of the JSE Listings Requirements.

HKEX Further Enhances Stock Connect's Product Offering

Retrieved on: 
Friday, May 27, 2022

HKEX is pleased to announce the detailed arrangements of the Inclusion.

Key Points: 
  • HKEX is pleased to announce the detailed arrangements of the Inclusion.
  • HKEX Chief Executive Officer Nicolas Aguzin said: "This is the next exciting development in our Connect Programme.
  • On 24 December 2021, HKEX, Shanghai Stock Exchange (SSE) and Shenzhen Stock Exchange (SZSE) announced their support on the Inclusion, reflecting the ongoing commitment by HKEX and the Mainland exchanges to continue expanding and enhancing the landmark mutual market access programme between Hong Kong and Mainland China's capital markets.
  • HKEX launched the pioneering Shanghai-Hong Kong Stock Connect programme in 2014, further expanded with the launch of Shenzhen Connect in 2016, and the launch of Bond Connect in 2017.

HKEX Further Enhances Stock Connect's Product Offering

Retrieved on: 
Friday, May 27, 2022

HKEX is pleased to announce the detailed arrangements of the Inclusion.

Key Points: 
  • HKEX is pleased to announce the detailed arrangements of the Inclusion.
  • HKEX Chief Executive Officer Nicolas Aguzin said: "This is the next exciting development in our Connect Programme.
  • On 24 December 2021, HKEX, Shanghai Stock Exchange (SSE) and Shenzhen Stock Exchange (SZSE) announced their support on the Inclusion, reflecting the ongoing commitment by HKEX and the Mainland exchanges to continue expanding and enhancing the landmark mutual market access programme between Hong Kong and Mainland China's capital markets.
  • HKEX launched the pioneering Shanghai-Hong Kong Stock Connect programme in 2014, further expanded with the launch of Shenzhen Connect in 2016, and the launch of Bond Connect in 2017.

Sands China Assembles 2,600 Food Kits for Caritas Macau in First Annual Sands Cares Food Kit Build

Retrieved on: 
Friday, May 27, 2022

MACAU, May 27, 2022 /PRNewswire/ -- Sands China team members volunteered to assemble 2,600 food kits Friday for Caritas Macau as part of the Sands Cares Food Kit Build, a global volunteer initiative being held at Las Vegas Sands properties in Macao and Singapore.

Key Points: 
  • MACAU, May 27, 2022 /PRNewswire/ --Sands China team members volunteered to assemble 2,600 food kits Friday for Caritas Macau as part of the Sands Cares Food Kit Build, a global volunteer initiative being held at Las Vegas Sands properties in Macao and Singapore.
  • Addressing food security issues and supporting disadvantaged people are two primary focus areas of the global Sands Cares community engagement programme.
  • The new Sands Cares Food Kit Build is the third global Sands Cares initiative along with the Sands Cares Global Hygiene Kit Build with Clean the World and the Sands Cares Accelerator, a programme that helps advance non-profit organisations to achieve greater community impact.
  • Sands China Ltd. considers initiatives like the Sands Cares Food Kit Buildas central to its commitment toward social causes and community involvement.