Economy of Hong Kong

New Go! Go! Cory Carson® Toys from VTech® Race onto Shelves

Wednesday, March 3, 2021 - 2:03pm

Cory Carson follows the adventures of kid car Cory Carson, his family and his friends in Bumperton Hills as they navigate the winding roads of childhood.

Key Points: 
  • Cory Carson follows the adventures of kid car Cory Carson, his family and his friends in Bumperton Hills as they navigate the winding roads of childhood.
  • Cory Carson line has been tremendous," said Andy Keimach, President, VTech Electronics North America.
  • "Parents and kids love watching the show together, and then bringing the adventures of Cory and friends to life through our toys.
  • Cory Carson The Carson Playhouse: Launch into an exciting play date with the Carsons at the Go!

Joy Spreader to be included in the Hang Seng Composite Small Cap Index and Southbound Stock Connect Trading

Monday, March 1, 2021 - 8:35am

HK) would be included in the Hang Seng Composite Small Cap Index, meaning that it will also be soon eligible for southbound trading under Stock Connect ("Shenzhen Connect").

Key Points: 
  • HK) would be included in the Hang Seng Composite Small Cap Index, meaning that it will also be soon eligible for southbound trading under Stock Connect ("Shenzhen Connect").
  • As we know, Southbound Stock Connect Trading has always been an important channel for mainland investors to participate in the Hong Kong stock market.
  • The proportion of turnover under Southbound Stock Connect Trading to the total turnover in the Hong Kong stock market has increased year by year.
  • As Southbound Stock Connect Trading has played a prominent role in the Hong Kong Stock market, every adjustment to the list of Southbound Stock Connect Trading often brings great concern to the investors in the Hong Kong stock market.

Black Spade Capital Aims to Build an SPAC-themed Portfolio

Monday, February 22, 2021 - 8:15am

Savvy investors in the East are catching up fast with the trend and among them is Black Spade Capital Limited, the family office of casino magnate Lawrence Ho Yau Lung.

Key Points: 
  • Savvy investors in the East are catching up fast with the trend and among them is Black Spade Capital Limited, the family office of casino magnate Lawrence Ho Yau Lung.
  • "We aim to be one of the first Asian family offices to build an SPAC-themed portfolio," said Mr. Dennis Tam, President and CEO of Black Spade Capital.
  • The whole SPAC trend has to do to a certain extent with the abundance of capital in the market seeking return.
  • Black Spade Capital Limited is an established family office that manages the private investments of Mr. Lawrence Ho.

Leon Lai returns as Ambassador for Entertainment Expo

Monday, February 22, 2021 - 6:00am

HONG KONG, Feb 22, 2021 - (ACN Newswire) - Hong Kong superstar Leon Lai has accepted the invitation from the Hong Kong Trade Development Council (HKTDC) to once again act as Ambassador for the 2021 Entertainment Expo, taking part in a photo shoot to introduce this year's event.

Key Points: 
  • HONG KONG, Feb 22, 2021 - (ACN Newswire) - Hong Kong superstar Leon Lai has accepted the invitation from the Hong Kong Trade Development Council (HKTDC) to once again act as Ambassador for the 2021 Entertainment Expo, taking part in a photo shoot to introduce this year's event.
  • Hong Kong superstar Leon Lai has once again accepted the invitation from the Hong Kong Trade Development Council (HKTDC) to act as Ambassador for the 2021 Entertainment Expo.
  • Commenting on being appointed into the role, Mr Lai said: "The pandemic has created a new normal for the local film and television entertainment industry.
  • I am proud to act as Ambassador for the expo during this particularly challenging period to continue promoting Hong Kong's entertainment industry."

VTech® Named Official Toy Bank Sponsor for 2021

Monday, January 25, 2021 - 7:29pm

NEW YORK, Jan. 25, 2021 /PRNewswire/ -- VTech , a world leader in electronic learning products for children, has been named the official "Adopt-the-Pig" sponsor of The Toy Foundation's Toy Bank for 2021.

Key Points: 
  • NEW YORK, Jan. 25, 2021 /PRNewswire/ -- VTech , a world leader in electronic learning products for children, has been named the official "Adopt-the-Pig" sponsor of The Toy Foundation's Toy Bank for 2021.
  • A long-time supporter of The Toy Foundation, VTech's sponsorship includes a $10,000 donation to The Toy Bank, which delivers joy and comfort, through play, to vulnerable children and families.
  • "We are honored to be the Adopt-the-Pig sponsor for 2021," said Andy Keimach, president of VTech Electronics North America.
  • As TTF's year-round signature giving program, The Toy Bank collects millions of toys from generous toy companies and distributes them to a network of carefully vetted children's charities.

VTech® to Launch Green Electronic Learning Products with Pledge for Sustainability by 2030

Tuesday, January 19, 2021 - 2:00pm

CHICAGO, Jan. 19, 2021 /PRNewswire/ --VTech announced today that it will launch a variety of green electronic learning products in 2021, which marks an important step for its sustainability commitment towards replacing fossil based plastics with sustainable alternatives by 2030.

Key Points: 
  • CHICAGO, Jan. 19, 2021 /PRNewswire/ --VTech announced today that it will launch a variety of green electronic learning products in 2021, which marks an important step for its sustainability commitment towards replacing fossil based plastics with sustainable alternatives by 2030.
  • VTech is also committed to eliminating fossil-based blister packaging and replacing it with plant-based alternative in 99% of the electronic learning products by 2025.
  • VTech is a world leader in age-appropriate and developmental stage-based electronic learning products for children.
  • For more information about VTech's electronic learning products, visit www.VTechKids.com , www.facebook.com/VTechtoys on Facebook or follow @VTechToys on Twitter.

14th Asian Financial Forum opens today

Monday, January 18, 2021 - 10:00am

HONG KONG, Jan 18, 2021 - (ACN Newswire) - Co-organised by the Hong Kong Special Administrative Region (HKSAR) Government and Hong Kong Trade Development Council (HKTDC), the 14th Asian Financial Forum (AFF) opened today on a virtual platform.

Key Points: 
  • HONG KONG, Jan 18, 2021 - (ACN Newswire) - Co-organised by the Hong Kong Special Administrative Region (HKSAR) Government and Hong Kong Trade Development Council (HKTDC), the 14th Asian Financial Forum (AFF) opened today on a virtual platform.
  • In his welcoming remarks, Dr Peter Lam, Chairman of the HKTDC, said: "The Asian Financial Forum traditionally opens the new year by bringing together leaders from the financial industry and the corporate world to address the major issues of the day.
  • Given the huge challenges faced globally in 2020, our theme of 'Reshaping the World Economic Landscape' for this year's forum is especially meaningful.
  • We firmly believe Hong Kong will become more stable and prosperous in its role as a global financial hub.

Ascentage Pharma Officially Included in Shenzhen-Hong Kong Stock Connect Program

Wednesday, December 30, 2020 - 10:18am

SUZHOU,ChinaandROCKVILLE, Md., Dec. 30, 2020 /PRNewswire/ -- Ascentage Pharma (6855.HK), a globally focused, clinical-stage biotechnology company engaged in developing novel therapies for cancers, chronic hepatitis B (CHB), and age-related diseases, today announced that the company was officially included into the Shenzhen-Hong Kong Stock Connect program(the "Hong Kong Stock Connect").

Key Points: 
  • SUZHOU,ChinaandROCKVILLE, Md., Dec. 30, 2020 /PRNewswire/ -- Ascentage Pharma (6855.HK), a globally focused, clinical-stage biotechnology company engaged in developing novel therapies for cancers, chronic hepatitis B (CHB), and age-related diseases, today announced that the company was officially included into the Shenzhen-Hong Kong Stock Connect program(the "Hong Kong Stock Connect").
  • The Hong Kong Stock Connect is a collaboration program between the Hong Kong, Shanghai and Shenzhen Stock Exchanges.
  • In this adjustment, a total of six eligible pre-revenue biotech companies will be the first included in the Hong Kong Stock Connect.
  • OnOctober 28, 2019, Ascentage Pharma was listed on the Main Board of the Stock Exchange of Hong Kong Limited with the stock code: 6855.HK.

Updates to HKTDC event arrangements in first half of 2021

Tuesday, December 22, 2020 - 9:00am

The HKTDC is reacting to this new situation in a flexible way, launching a brand-new sourcing event, the HKTDC International Sourcing Show, that will consolidate seven HKTDC trade fairs originally scheduled to be held in spring.

Key Points: 
  • The HKTDC is reacting to this new situation in a flexible way, launching a brand-new sourcing event, the HKTDC International Sourcing Show, that will consolidate seven HKTDC trade fairs originally scheduled to be held in spring.
  • The seven exhibitions include the HKTDC Hong Kong Toys & Games Fair, HKTDC Hong Kong Baby Products Fair, HKTDC Hong Kong Houseware Fair, HKTDC Hong Kong International Home Textiles and Furnishings Fair, HKTDC Hong Kong Fashion Week, HKTDC Hong Kong Gifts & Premium Fair, and the Hong Kong International Printing & Packaging Fair (co-organised with CIEC Exhibition Company (HK) Limited).
  • In addition to the seven above-mentioned fairs, the HKTDC Hong Kong International Jewellery Show and the HKTDC Hong Kong International Diamond, Gem & Pearl Show have been rescheduled to run at AsiaWorld-Expo from 2 to 6 July 2021.
  • These events include the Asian Licensing Conference and HKTDC Hong Kong International Licensing Show (running from 11 to 15 January 2021), the Asian Financial Forum (18 and 19 January 2021), HKTDC Hong Kong International Film & TV Market (FILMART) (15 to 18 January 2021) and MarketingPulse (to be held in March 2021).

Hong Kong Book Fair rescheduled to July 2021

Monday, November 23, 2020 - 12:00pm

HONG KONG, Nov 23, 2020 - (ACN Newswire) - The Hong Kong Trade Development Council (HKTDC) announced earlier that the HKTDC Hong Kong Book Fair, including the HKTDC Hong Kong Sports and Leisure Expo, had been rescheduled to run from 16 to 22 December 2020 at the Hong Kong Convention and Exhibition Centre (HKCEC).

Key Points: 
  • HONG KONG, Nov 23, 2020 - (ACN Newswire) - The Hong Kong Trade Development Council (HKTDC) announced earlier that the HKTDC Hong Kong Book Fair, including the HKTDC Hong Kong Sports and Leisure Expo, had been rescheduled to run from 16 to 22 December 2020 at the Hong Kong Convention and Exhibition Centre (HKCEC).
  • The Hong Kong Special Administrative Region Government will continue to support the industry in participating in the rescheduled fair through the Anti-epidemic Fund.
  • Exhibitors who have paid the participation fee will be fully refunded, while the discount offer for booth construction will be rolled over to the Book Fair in July 2021.
  • The HKTDC will continue to cooperate with the industry to promote the Book Fair Online webpage to the public.