Mainland China

Nissin Foods Announces 2023 Q1 Financial Results

Retrieved on: 
Wednesday, May 10, 2023
Depreciation, Growth, Yoy, Renminbi, Nissin Foods, Property management, Mainland China

HONG KONG, May 10, 2023 - (ACN Newswire) - Nissin Foods Company Limited ("Nissin Foods" or the "Company", together with its subsidiaries, the "Group"; Stock code: 1475) today announced its unaudited first quarter financial results for the three months ended 31 March 2023 ("the Reporting Period").

Key Points: 
  • HONG KONG, May 10, 2023 - (ACN Newswire) - Nissin Foods Company Limited ("Nissin Foods" or the "Company", together with its subsidiaries, the "Group"; Stock code: 1475) today announced its unaudited first quarter financial results for the three months ended 31 March 2023 ("the Reporting Period").
  • Gross profit grew 8.8% YoY to HK$362.1 million (2022: HK$332.8 million).
  • Profit attributable to owners of the Company grew 22.3% to HK$110.5 million (2022: HK$90.3 million).
  • Mr Kiyotaka ANDO, Executive Director, Chairman and Chief Executive Officer of Nissin Foods, said, "We are delighted to see that our business has recorded double-digit profit growth compared with pre-pandemic levels.

Chance Pharmaceuticals and Acorda Therapeutics Announce Agreement to Provide INBRIJA® in Greater China

Retrieved on: 
Monday, May 8, 2023
PD, CMC, Ageing, Açorda, Acorda Therapeutics, Medication, Parkinson's disease, Patient, AIR, M.I.T, OFF, Therapy, Pharmaceutical industry, Mainland China, Chance, Alkermes

HANGZHOU, China, May 8, 2023 /PRNewswire/ -- Chance Pharmaceuticals and Acorda Therapeutics, Inc. today announced that they have entered into distribution and supply agreements to provide INBRIJA® in Greater China (Mainland China, Taiwan, Hong Kong, and Macao).

Key Points: 
  • HANGZHOU, China, May 8, 2023 /PRNewswire/ -- Chance Pharmaceuticals and Acorda Therapeutics, Inc. today announced that they have entered into distribution and supply agreements to provide INBRIJA® in Greater China (Mainland China, Taiwan, Hong Kong, and Macao).
  • "We are excited to be collaborating with Acorda to make INBRIJA available to people suffering from Parkinson's disease in China.
  • "Our agreement with Chance is an important milestone toward providing INBRIJA to the world's largest population of people with Parkinson's.
  • The Chance team are experts in inhalation technologies, and we look forward to working with them to achieve regulatory approval and to provide this important medication to patients in China," said Ron Cohen, M.D., President and CEO of Acorda Therapeutics.

Cathay Pacific Marks 40 Years in the Americas

Retrieved on: 
Monday, May 1, 2023
Destination marketing organization, Heart, Sky, Travel, Cathay, Mainland China, Atmosphere, Marketing, Fruit, History, Cathay Pacific, JFK, Hong Kong Economic and Trade Office, Boeing 747, Student, Map, Engineering, A350-1000, Airbus, SFO, Vancouver International Airport, City, System, SVP, Family, Nonstop, Airline, Boeing, YVR

VANCOUVER, BC, May 1, 2023 /PRNewswire/ -- Cathay Pacific today marks a milestone in the Americas and in its history as one of the world's leading airlines: 40 years ago today, Cathay Pacific flight CX800, a Boeing 747-200, departed Hong Kong to touch down in Vancouver, BC, Canada for the first time. The launch of this nonstop service between Hong Kong and Vancouver International Airport (YVR) not only represented the airline's first entry into North America, but also it becoming the first airline in the world to connect these two cities with a nonstop service. The service marked Cathay Pacific's illustrious entry into what is now one of the airline's biggest markets* outside of Hong Kong, the city it has called home since its founding by American Roy C. Farrell and Australian Sydney H. de Kantzow in 1946.

Key Points: 
  • VANCOUVER, BC, May 1, 2023 /PRNewswire/ -- Cathay Pacific today marks a milestone in the Americas and in its history as one of the world's leading airlines: 40 years ago today, Cathay Pacific flight CX800, a Boeing 747-200, departed Hong Kong to touch down in Vancouver, BC, Canada for the first time.
  • In 1986, Cathay Pacific added a San Francisco (SFO) tag to its Vancouver service—with flights departing SFO, stopping in YVR before continuing to Hong Kong.
  • The Director of the Hong Kong Economic and Trade Office (Toronto) (HKETO), Ms Emily Mo, congratulates Cathay Pacific on its 40th anniversary of flying to the Americas.
  • Cathay Pacific has been playing a pivotal role in connecting Hong Kong and Canada over the past decades.

Licensing Show brings together over 320 exhibitors

Retrieved on: 
Saturday, April 22, 2023
Mainland China, Intellectual property, Sport, International, Senior, ALC, JP, Marketing, Van Gogh Museum, Medialink, IP, Government, Creativity, Ministry, IPS, Republic, Converse, IMG, Growth, Tourism, Rivers State Ministry of Culture and Tourism, FILA, Conference, Entertainment, Film industry, Creative industries, HKTDC, Culture

Dr Patrick Lau, Deputy Executive Director, HKTDC (centre) and Mr Lau Chun, Raistlin, JP, Under

Key Points: 
  • Dr Patrick Lau, Deputy Executive Director, HKTDC (centre) and Mr Lau Chun, Raistlin, JP, Under
    projects, featuring top global licensors and licensing agents.
  • We are pleased to see that Hong Kong continues to play a key role in linking the mainland and abroad in the licensing field, demonstrating the substantial potential of the global licensing industry."
  • Ever-changing consumer demands today made brand awareness crucial to a company's success and licensing enhanced a company's competitiveness, increased brand value and attracted consumers, he added.
  • Ms Chiu Siu Yin Lovinia, Chairman of Medialink Group, was one of the exhibitors focusing on IP and brand licensing management services.

BioNTech and DualityBio Form Global Strategic Partnership to Accelerate Development of Differentiated Antibody-Drug Conjugate Therapeutics for Solid Tumors

Retrieved on: 
Monday, April 3, 2023
BioNTech, Partnership, Therapy, HER2, Cancer, Fast Track, Immunotherapy, Antibody, Patient, Medicine, BNTX, ADC, Spacecraft, Regulation of food and dietary supplements by the U.S. Food and Drug Administration, Food, Disease, Pharmaceutical industry, Cryptocurrency, Vaccine, Mainland China, Collaboration

ADCs are a class of potent cancer therapies combining the selectivity of antibodies with the potent cell-killing properties of chemotherapy or other anti-cancer agents.

Key Points: 
  • ADCs are a class of potent cancer therapies combining the selectivity of antibodies with the potent cell-killing properties of chemotherapy or other anti-cancer agents.
  • Antibody therapy targeting HER2 has been shown to be an effective treatment strategy for HER2-expressing cancers.
  • “This is a recognition of not only DualityBio’s next-generation ADC platform, but also its internal discovery and development capabilities.
  • DualityBio will be eligible to receive single-digit to double-digit tiered royalties on net sales for both ADC assets.

ALICE Technologies Extends Funding Series B Round to Access $47M in Capital

Retrieved on: 
Tuesday, April 11, 2023
Heart, Mainland China, Rising Tide, Intelligence, FDIC, Silicon, Digital transformation, Investment, Risk, SAN, Microsoft Excel, ALICE, Series, Growth, Swire Properties, Construction, New Ventures, Bridge bank, Western Alliance Bancorporation

SAN FRANCISCO, April 11, 2023 /PRNewswire/ -- ALICE Technologies announced that it has extended its Series B funding round by an incremental $13 million with equity financing from Swire Properties, plus a term loan from Bridge Bank, bringing the total value of the Series B funding to $47 million to date. ALICE Technologies' construction optioneering platform helps general contractors and owners worldwide to leverage the power of artificial intelligence to plan, bid and build their large-scale industrial, infrastructure and commercial projects more efficiently and with reduced risk.

Key Points: 
  • SAN FRANCISCO, April 11, 2023 /PRNewswire/ -- ALICE Technologies announced that it has extended its Series B funding round by an incremental $13 million with equity financing from Swire Properties, plus a term loan from Bridge Bank, bringing the total value of the Series B funding to $47 million to date.
  • "As they expand the variety and number of projects on which they use ALICE, we must scale to meet demand.
  • This financing extends the company's Series B round that ALICE announced in June of 2022 , and which was led by Vanedge Capital.
  • Additional new investors included Bouygues, Gaingels, GRIDS Capital, JLL Spark, and MetaPlanet, which joined the round along with existing investors Future Ventures, Merus Capital, and Rising Tide.

Global Sources Consumer Electronics Show Grand Opening

Retrieved on: 
Tuesday, April 11, 2023
Booksellers Association of the UK and Ireland, Exhibition, Electronics, Werner Erhard and Associates, Global Sources, Personal, Key, Carbon, Quality, Certification, Organization, Stationery, Federation, Singapore, Quality of life, UFI, Hong Kong Tourism Board, Pursuit, OEM, Video on demand, Commerce, Peripheral, Film industry, Video game, Mainland China

HONG KONG, April 11, 2023 /PRNewswire/ -- The prestigious Global Sources Consumer Electronics show, a leading international electronics sourcing event, commences today and will run through April 14th.

Key Points: 
  • HONG KONG, April 11, 2023 /PRNewswire/ -- The prestigious Global Sources Consumer Electronics show, a leading international electronics sourcing event, commences today and will run through April 14th.
  • Featuring over 2,000 distinguished suppliers and in excess of 4,000 booths, Global Sources Consumer Electronics proudly showcases more than 150,000 consumer electronics products from various countries and regions, including Mainland China, Hong Kong, Taiwan, South Korea, Vietnam, and India.
  • Regarded as one of the most comprehensive consumer electronics sourcing events globally, Global Sources Consumer Electronics brings together top-tier OEM/ODM suppliers to furnish established retailers, e-retailers, and distributors with a robust platform for sourcing consumer electronics, computer peripherals, e-sports products, car electronics, outdoor electronics, A/V products, and electronic components.
  • The event also presents the latest high-demand and uniquely designed electronics products, solidifying its position as a frontrunner for cutting-edge consumer electronics technology.

Hong Kong Tourism Board Stages Tourism Overview as Destination Returns to Normal

Retrieved on: 
Thursday, March 30, 2023
Destinations, Travel, Vacation, KPMG, Partnership, Gen, Convention center, Tourism, Mainland China, GBA, Steady, Hong Kong Tourism Board, Multimedia, Trip.com Group, Generation Z, HKTB, Trip.com, Restaurant, Forward, ASPAC, Deep diving, Consumer, City, ESG, Rest

The Hong Kong Tourism Board (HKTB) held the Hong Kong Tourism Overview 2023 at the Hong Kong Convention and Exhibition Centre this morning (March 30), returning physically for the first time since the city reopened.

Key Points: 
  • The Hong Kong Tourism Board (HKTB) held the Hong Kong Tourism Overview 2023 at the Hong Kong Convention and Exhibition Centre this morning (March 30), returning physically for the first time since the city reopened.
  • View the full release here: https://www.businesswire.com/news/home/20230330005719/en/
    The Hong Kong Tourism Board holds the Tourism Overview 2023 with the theme “Striding Forward in a Steady Recovery” discussing latest tourism trends and sharing the HKTB’s plan for the future.
  • (Photo: Business Wire)
    With the theme “Striding Forward in a Steady Recovery”, Dr. Pang Yiu-kai, Chairman of the Hong Kong Tourism Board, said, “Hong Kong has returned to normal and is welcoming back global visitors.
  • The Tourism Overview today is the exact platform that gathers members of the travel trade together to explore the way to revive the city’s tourism industry.

Nissin Foods Announces 2022 Annual Results, Adheres to Premiumisation Strategy to Drive Business Growth

Retrieved on: 
Monday, March 27, 2023
Tourism, Raohe Street Night Market, Eating, Cup Noodles, Creativity, Acquisition, Fuku, Nissin Foods, Yoy, Growth, U.F.O, Food court, Cryptocurrency, Convenience food, Retail, Property management, Tea, Food delivery, Mainland China, Renminbi

-- Revenue increased primarily attributable to the organic growth in sales volume of the Group's premium instant noodles throughout the year.

Key Points: 
  • -- Revenue increased primarily attributable to the organic growth in sales volume of the Group's premium instant noodles throughout the year.
  • The Group's basic earnings per share increased by 5.5% to 30.32 HK cents for 2022 (2021: 28.74 HK cents).
  • On the non-noodle category, the Group's frozen foods business has achieved a decent growth notwithstanding the fierce competition.
  • The instant noodles business maintained a sales volume growth amid complicated business environment.

Over 7,300 industry talents at HKTDC FILMART and EntertainmentPulse

Retrieved on: 
Thursday, March 16, 2023
Global production network, Convention center, EVP, Sunlight, Customs Frontline, Film, A Guilty Conscience, Human, Animation, Muse Communication, Table, Creativity, Comrades: Almost a Love Story, HKCEC, Mirror, IQIYI, Hong Kong Trade Development Council Trade Fairs, MIRROR, Love Story, HKTDC, Tencent, Web3, Video game, Film industry, Youku, Mainland China

FILMART and EntertainmentPulse brought together over 7,300 industry talents from 41 countries and regions.

Key Points: 
  • FILMART and EntertainmentPulse brought together over 7,300 industry talents from 41 countries and regions.
  • Industry leaders participated in EntertainmentPulse conference series to talk about the latest entertainment industry trends.
  • EntertainmentPulse, the concurrent conference series of FILMART, featured a dedicated session on Web3 in the entertainment industry.
  • Users can revisit all the exciting content from EntertainmentPulse and utilise the direct messaging function offered through the FILMART online platform.