Cathay

Glorious Finale: Rugby Sevens Illuminates Hong Kong Stadium Embarking on an Exciting Chapter at Kai Tak Sports Park

Retrieved on: 
Monday, March 25, 2024

Since 1994, Hong Kong Stadium has been the home of the Hong Kong leg of the world’s biggest rugby sevens tournament.

Key Points: 
  • Since 1994, Hong Kong Stadium has been the home of the Hong Kong leg of the world’s biggest rugby sevens tournament.
  • Nobody does Rugby Sevens Like Hong Kong!
  • This year’s Cathay/HSBC Hong Kong Sevens promises another year of thrilling rugby, electric entertainment, and nonstop revelry.
  • Looking back at 30 years of Hong Kong Stadium: Hong Kong Sevens’ website

Generali Completes Acquisition of Conning

Retrieved on: 
Wednesday, April 3, 2024

Conning Holdings Limited (Conning and its Affiliates1), a leading global asset manager serving the needs of insurance company and institutional clients, today announced that its acquisition by Generali Investments Holding S.p.A. (GIH), an entity comprising the majority of asset management activities of Generali Group (Generali), has closed.

Key Points: 
  • Conning Holdings Limited (Conning and its Affiliates1), a leading global asset manager serving the needs of insurance company and institutional clients, today announced that its acquisition by Generali Investments Holding S.p.A. (GIH), an entity comprising the majority of asset management activities of Generali Group (Generali), has closed.
  • "We are excited to embark on this long-term partnership with Generali, with identified growth areas and synergies in mind and to leverage our shared insurance industry heritage," said Woody Bradford, Chief Executive Officer and Chair of the Conning Holdings Limited Board.
  • Conning and its Affiliates will continue to execute their growth strategies with support from their continuing owner, Cathay Life Insurance Co. Ltd. (Cathay) and new owner Generali.
  • 1 Conning, Inc., Octagon Credit Investors, LLC, Global Evolution Holding ApS and its group of companies, Pearlmark Real Estate, L.L.C., PREP Investment Advisers, L.L.C., Goodwin Capital Advisers, Inc., Conning Investment Products, Inc., a FINRA-registered broker-dealer, Conning Asset Management Limited, and Conning Asia Pacific Limited

The Rugby Sevens Light Up Hong Kong Stadium One Last Time Before Beginning an Exciting New Chapter at Kai Tak Sports Park

Retrieved on: 
Thursday, March 28, 2024

Since 1994, Hong Kong Stadium has been home to the Hong Kong leg of the world’s biggest rugby sevens tournament.

Key Points: 
  • Since 1994, Hong Kong Stadium has been home to the Hong Kong leg of the world’s biggest rugby sevens tournament.
  • View the full release here: https://www.businesswire.com/news/home/20240328754783/en/
    Hong Kong Stadium has played host to the Hong Kong leg of the world's biggest rugby sevens tournament since 1994.
  • The Melrose Claymores competition, introduced by Hong Kong China Rugby this year, will showcase the top teams in Asian sevens.
  • Looking back at 30 years of Hong Kong Stadium: Hong Kong Sevens’ website
    View source version on businesswire.com: https://www.businesswire.com/news/home/20240328754783/en/

Glorious Finale: Rugby Sevens Illuminates Hong Kong Stadium, Embarking on an Exciting Chapter at Kai Tak Sports Park

Retrieved on: 
Tuesday, March 19, 2024

One of Hong Kong’s biggest international events, the Cathay/HSBC Hong Kong Sevens, returns from 5 to 7 April, 2024.

Key Points: 
  • One of Hong Kong’s biggest international events, the Cathay/HSBC Hong Kong Sevens, returns from 5 to 7 April, 2024.
  • Nobody does Rugby Sevens Like Hong Kong!
  • This year’s Cathay/HSBC Hong Kong Sevens promises another year of thrilling rugby, electric entertainment, and nonstop revelry.
  • Looking back at 30 years of Hong Kong Stadium: Hong Kong Sevens’ website
    View source version on businesswire.com: https://www.businesswire.com/news/home/20240319217127/en/

“Cathay International Chinese New Year Night Parade” Makes a Triumphant Return to Hong Kong in Celebration of the Year of the Dragon

Retrieved on: 
Tuesday, February 6, 2024

This incredible celebration of the Dragon is organized by the Hong Kong Tourism Board (HKTB) with Cathay Pacific Airways, the title sponsor for the 22nd year.

Key Points: 
  • This incredible celebration of the Dragon is organized by the Hong Kong Tourism Board (HKTB) with Cathay Pacific Airways, the title sponsor for the 22nd year.
  • After the parade, we will continue to promote Chinese New Year events, including the Lunar New Year fireworks display.
  • We are delighted to be the title sponsor of the Cathay International Chinese New Year Night Parade for the 22nd year.
  • For more information on this mega event, please visit HKTB’s website: Home | Hong Kong Tourism Board (discoverhongkong.com)
    View source version on businesswire.com: https://www.businesswire.com/news/home/20240205192520/en/

Rene Sauerteig Joins Cathay Capital as Operating Partner and Board Member of Parkview Dental Partners

Retrieved on: 
Wednesday, January 17, 2024

NEW YORK, Jan. 17, 2024 /PRNewswire/ -- Private equity firm Cathay Capital has appointed Rene Sauerteig as an Operating Partner and to the board of directors of Parkview Dental Partners, a dental service organization (DSO) in the Cathay Capital portfolio. Sauerteig, a healthcare industry veteran with over two decades of experience in executive leadership roles, brings expertise in scaling rapid growth and optimizing operational performance in PE-backed healthcare organizations.

Key Points: 
  • NEW YORK, Jan. 17, 2024 /PRNewswire/ -- Private equity firm Cathay Capital has appointed Rene Sauerteig as an Operating Partner and to the board of directors of Parkview Dental Partners , a dental service organization (DSO) in the Cathay Capital portfolio.
  • Founded in 2018, Sarasota-based Parkview currently manages 22 dental practices that provide both general dentistry and specialty dental services.
  • Sauerteig joins the Board of Parkview as the company looks to continue its growth trajectory to become a market-leading DSO in the Southeast.
  • "We are delighted to welcome Rene as a Cathay Operating Partner and to the Parkview team," said Mark Woods, Partner and Head of North American Private Equity at Cathay Capital.

“Cathay International Chinese New Year Night Parade” Returns to Hong Kong After Five Years on the First Day of the Year of the Dragon

Retrieved on: 
Tuesday, January 16, 2024

The event is organized by the Hong Kong Tourism Board (HKTB), with Cathay being the title sponsor for the 22nd year.

Key Points: 
  • The event is organized by the Hong Kong Tourism Board (HKTB), with Cathay being the title sponsor for the 22nd year.
  • As a signature Chinese New Year celebration in Hong Kong, this year's Night Parade will recreate the classic float carnival with the largest number of international performing groups ever.
  • The HKTB parade will be the first event to kick off a series of Chinese New Year celebratory activities in town.
  • We are delighted to be the title sponsor of the Cathay International Chinese New Year Night Parade for the 22nd year.

“Cathay International Chinese New Year Night Parade” Returns to Hong Kong After Five Years on the First Day of the Year of the Dragon Majestic Floats and the Strongest-Ever Performance Line-up Gather for the City-Wide Celebration

Retrieved on: 
Friday, January 12, 2024

The event is organised by the Hong Kong Tourism Board (HKTB) with Cathay being the title sponsor for the 22nd year.

Key Points: 
  • The event is organised by the Hong Kong Tourism Board (HKTB) with Cathay being the title sponsor for the 22nd year.
  • As a signature Chinese New Year celebration in Hong Kong, the Night Parade this year will recreate the classic float carnival with the largest number of international performing groups ever.
  • We are delighted to be the title sponsor of the Cathay International Chinese New Year Night Parade for the 22nd year.
  • International teams will also perform there on 11 and 12 February (the second and third day of Chinese New Year).

Cathay Selects AWS as Its Strategic Cloud Provider

Retrieved on: 
Wednesday, November 29, 2023

At AWS re:Invent, Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), today announced that Cathay, a premium travel lifestyle brand that includes Hong Kong's home airline Cathay Pacific, has selected AWS as its strategic cloud provider and is working with AWS to establish the Cathay Machine Learning Innovation Hub.

Key Points: 
  • At AWS re:Invent, Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), today announced that Cathay, a premium travel lifestyle brand that includes Hong Kong's home airline Cathay Pacific, has selected AWS as its strategic cloud provider and is working with AWS to establish the Cathay Machine Learning Innovation Hub.
  • As part of the company’s ongoing digital transformation, Cathay will also move the majority of its IT workloads to AWS.
  • Working with AWS, Cathay has already identified hundreds of ML use cases and successfully deployed more than 50 ML models.
  • For example, Cathay and AWS developed ML models that accurately predict the demand for inflight meals, to help minimize food waste, and dynamically forecast available cargo space for each flight.

Cathay General Bancorp Declares $0.34 Per Share Dividend

Retrieved on: 
Friday, November 17, 2023

Cathay General Bancorp (Nasdaq: CATY) announced that its Board of Directors declared a cash dividend of thirty-four cents per common share, payable on December 11, 2023, to stockholders of record at the close of business on November 29, 2023.

Key Points: 
  • Cathay General Bancorp (Nasdaq: CATY) announced that its Board of Directors declared a cash dividend of thirty-four cents per common share, payable on December 11, 2023, to stockholders of record at the close of business on November 29, 2023.
  • Cathay General Bancorp is a publicly traded company (Nasdaq: CATY) and is the holding company for Cathay Bank, a California state-chartered bank.
  • Cathay General Bancorp’s website is at www.cathaygeneralbancorp.com .
  • To learn more about Cathay Bank, please visit www.cathaybank.com .