Economy of Hong Kong

HKTDC Hong Kong International Medical and Healthcare Fair Presents Leading-Edge Medical Products and Unveils Trends

Retrieved on: 
Monday, March 18, 2019

Hong Kong, The HKTDC Hong Kong International Medical and Healthcare Fair (Medical Fair) will take place at the Hong Kong Convention and Exhibition Centre (HKCEC) from 14 to 16 May.

Key Points: 
  • Hong Kong, The HKTDC Hong Kong International Medical and Healthcare Fair (Medical Fair) will take place at the Hong Kong Convention and Exhibition Centre (HKCEC) from 14 to 16 May.
  • Organised by the Hong Kong Trade Development Council (HKTDC) and co-organised by the Hong Kong Medical and Healthcare Device Industries Association (HKMHDIA), the 10th edition will gather over 280 exhibitors from 10 countries and regions, showcasing the latest medical devices and technologies, medical supplies as well as healthcare products.
  • View the full release here: https://www.businesswire.com/news/home/20190317005025/en/
    HKTDC Hong Kong International Medical and Healthcare Fair will take place at the Hong Kong Convention and Exhibition Centre (HKCEC) from 14 to 16 May.
  • In response to the latest export market trends, the Medical Fair is highlighting the sector by bringing biotechnology-related exhibitors together to showcase state-of-the-art biotechnology products and services.

FEC Wins Seven Awards in "2019 Asia's Best Managed Companies" Poll by FinanceAsia Including "Best Mid-Cap Company in Hong Kong"

Retrieved on: 
Friday, March 8, 2019

Tan Sri Dato' David Chiu, Chairman and Chief Executive Officer of the Groupwon the "Best CEOin Hong Kong", for the second consecutive year and Mr Angus Chan, Chief Financial Officer and Company Secretary of FEC won the "Best CFOin Hong Kong" award.

Key Points: 
  • Tan Sri Dato' David Chiu, Chairman and Chief Executive Officer of the Groupwon the "Best CEOin Hong Kong", for the second consecutive year and Mr Angus Chan, Chief Financial Officer and Company Secretary of FEC won the "Best CFOin Hong Kong" award.
  • The Group was also named "Best Mid-Cap Companyin Hong Kong", for the second consecutive year, in theFinanceAsia's"Asia's Best Managed Companies"Poll.
  • Mr. Chris Hoong, Managing Director of FECsaid: "We are proud and delighted to win seven awards in '2019 Asia's Best Managed Companies' Poll.
  • Far East Consortium International Limited has been listed on the Hong Kong Stock Exchange since 1972 (HKEx stock code: 35.HK).

Oasis Names Pru Bennett to Advisory Council

Retrieved on: 
Monday, March 4, 2019

Oasis Management Company Ltd. (Oasis) today announced that Pru Bennett has joined its Advisory Council.

Key Points: 
  • Oasis Management Company Ltd. (Oasis) today announced that Pru Bennett has joined its Advisory Council.
  • Pru joins current Oasis Advisory Council members former Chief Executive Officer of the U.K. FCA and the Hong Kong SFC Martin Wheatley, former Commissioner of the Japan FSA Masaharu Hino, and HKEX Listing Committee and SFC Public Securities Group member Phil Tye.
  • I am excited to join Oasiss Advisory Council and begin to contribute to the exciting things that Seth and the Oasis team are working on.
  • Headquartered in Hong Kong, Oasis was founded in 2002 by Seth H. Fischer, who leads the firm as its Chief Investment Officer.

4 Stocks That Helped the HKEX Set Profits Record

Retrieved on: 
Thursday, February 28, 2019

Net profit reached HK$9.31 billion from HK$7.4 billion a year prior, Hong Kong Exchanges and Clearing Ltd (HKEX) said in a filing.

Key Points: 
  • Net profit reached HK$9.31 billion from HK$7.4 billion a year prior, Hong Kong Exchanges and Clearing Ltd (HKEX) said in a filing.
  • That compared with the HK$9.36 billion average of 16 analyst estimates compiled by Refinitiv, and beat the previous record of HK$7.96 billion set in 2015.
  • First, this news comes right after the corporation's previous financial reports showing a growing financial position of strength.
  • Three segments of the business accounted for a little over 80% of the total revenue for the company's business during this segment!

Innovent Receives IFR Asia-Pacific IPO of the Year 2018 and IFR Asia Review Hong Kong Equity Issue of the Year 2018 Awards

Retrieved on: 
Wednesday, February 27, 2019

HONG KONG, Feb. 27, 2019 /PRNewswire/ -- Innovent Biologics, Inc. (Innovent) (HKEX: 01801), today announced that it received the International Finance Review (IFR) Asia-Pacific IPO of the Year 2018 and IFR Asia Review Hong Kong Equity Issue of the Year 2018 awards.

Key Points: 
  • HONG KONG, Feb. 27, 2019 /PRNewswire/ -- Innovent Biologics, Inc. (Innovent) (HKEX: 01801), today announced that it received the International Finance Review (IFR) Asia-Pacific IPO of the Year 2018 and IFR Asia Review Hong Kong Equity Issue of the Year 2018 awards.
  • Winners of different IFR awards were announced recently and "IFR Asia Pacific IPO of the Year 2018" and "IFR Asia Review Hong Kong Equity Issue of the Year 2018" went to Innovent.
  • The article published in the IFR said that Innovent held a successful initial public offering (IPO) in Hong Kong for HK$3.8 billion (US$485 million) on October 31, 2018.
  • "In April 2018, Hong Kong Exchanges and Clearing introduced new rules to allow the listing of pre-revenue biotech companies.

VTech® Showcases Expanded Collection of Innovative New Toys at 2019 North American International Toy Fair®

Retrieved on: 
Friday, February 15, 2019

Today, the company reveals its new collection of exciting toys that will be on display at the 2019 North American International Toy Fair.

Key Points: 
  • Today, the company reveals its new collection of exciting toys that will be on display at the 2019 North American International Toy Fair.
  • "We're introducing some amazing new products at Toy Fair and we're excited to reveal what we have in store for 2019," said Andy Keimach, President, VTech Electronics North America.
  • "We're expanding into a new product category and have some incredible additions to our established toy lines, delivering even more innovative play experiences for kids."
  • As a pioneer in the learning toy category, VTech develops high-quality, innovative educational products that enrich children's development and make learning fun.

VTech® Makes Debut in Robotics Toy Category with Myla the Magical Unicorn™

Retrieved on: 
Thursday, February 14, 2019

NEW YORK, Feb. 14, 2019 /PRNewswire/ --Today VTech announces the introduction of Myla the Magical Unicorn, a colorful robotic unicorn toy that glitters with lights as she talks and sings, while introducing early concepts of color combination in a fun way.

Key Points: 
  • NEW YORK, Feb. 14, 2019 /PRNewswire/ --Today VTech announces the introduction of Myla the Magical Unicorn, a colorful robotic unicorn toy that glitters with lights as she talks and sings, while introducing early concepts of color combination in a fun way.
  • Myla the Magical Unicorn is on display at the 2019 North American International Toy Fair.
  • "We're so excited to make our debut in the robotics toy category with such an innovative product," said Andy Keimach, President, VTech Electronics North America.
  • As a pioneer in the learning toy category, VTech develops high-quality, innovative educational products that enrich children's development and make learning fun.

Paul Mueller Company Announces New On-Farm Milk Storage Option Coming for Farmers

Retrieved on: 
Monday, February 11, 2019

SPRINGFIELD, Mo., Feb. 11, 2019 /PRNewswire-PRWeb/ -- Paul Mueller Company announces plans to unveil its new dairy silo at the World Ag Expo held February 12-14, 2019, in Tulare, California.

Key Points: 
  • SPRINGFIELD, Mo., Feb. 11, 2019 /PRNewswire-PRWeb/ -- Paul Mueller Company announces plans to unveil its new dairy silo at the World Ag Expo held February 12-14, 2019, in Tulare, California.
  • "As more dairy farmers are consolidating, their need for on-farm storage is growing and the time they have to maintain that storage equipment is shrinking," said Mike Mills, General Manager of Dairy Farm Equipment at Paul Mueller Company.
  • Paul Mueller Company is headquartered in Springfield, Missouri with manufacturing and sales operations in Iowa, The Netherlands, and Vietnam.
  • For more information about Paul Mueller Company products, visit paulmueller.com .

PCCW Global and TierPoint collaborate to extend Console Connect's data center footprint in the U.S.

Retrieved on: 
Monday, January 21, 2019

Console Connect will initially be available at TierPoint facilities in Andover, MA,Bethlehem, PA,and Durham, NC, enabling enhanced performance, visibility, monitoring and security.

Key Points: 
  • Console Connect will initially be available at TierPoint facilities in Andover, MA,Bethlehem, PA,and Durham, NC, enabling enhanced performance, visibility, monitoring and security.
  • This new collaboration with PCCW Global helps address that need, further expanding the options available to clients in our leading, edge-capable facilities."
  • PCCW Global is the international operating division of HKT, Hong Kong's premier telecommunications service provider, which is majority-owned by PCCW Limited.
  • Covering more than 3,000 cities and 150 countries, the PCCW Global network supports a portfolio of integrated global communications services including connectivity, applications, and tailored solutions facilitated by the on-demand Console Connect digital platform.

Cogobuy wins "Most Valuable Small & Mid-Cap Company" At the 2018 Golden Hong Kong Stocks Awards

Retrieved on: 
Friday, January 18, 2019

HONG KONG, Jan. 17, 2019 /PRNewswire/ -- Cogobuy Group ("Cogobuy" or the "Company", stock code: 400.HK; with its subsidiaries (the ''Group'')), a platform providing artificial intelligence and internet of things ("AIoT") business solutions in China, is pleased to announce its subsidiary, INGDAN.com,was awarded "Most Valuable Small & Mid-Cap Company" at the 2018 Golden Hong Kong Stocks Awards.

Key Points: 
  • HONG KONG, Jan. 17, 2019 /PRNewswire/ -- Cogobuy Group ("Cogobuy" or the "Company", stock code: 400.HK; with its subsidiaries (the ''Group'')), a platform providing artificial intelligence and internet of things ("AIoT") business solutions in China, is pleased to announce its subsidiary, INGDAN.com,was awarded "Most Valuable Small & Mid-Cap Company" at the 2018 Golden Hong Kong Stocks Awards.
  • The 2018 Golden Hong Kong Stocks Awards Ceremony, recently concluded in Shenzhen, was co-organized by ZhiTongCaiJing and Hithink RoyalFlush Information with the support ofnearly 180 Hong Kong listed companies.
  • We are encouraged to be able to share this honor with many other outstanding Hong Kong listed companies.
  • With increasing affirmation of INGDAN.com's model, we will continue to realize our growth potential and investment value for investors in the Hong Kong stock market."