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Lufax Releases First ESG Report Highlighting Commitment to Inclusive Finance

Thursday, September 23, 2021 - 7:07am

The report highlights the Company's long-term commitment to inclusive finance, improving access to financial services for small and micro business owners, alleviating rural poverty, supporting the real economy and other societal benefits through FinTech innovations.

Key Points: 
  • The report highlights the Company's long-term commitment to inclusive finance, improving access to financial services for small and micro business owners, alleviating rural poverty, supporting the real economy and other societal benefits through FinTech innovations.
  • "In this report, we present our sustainability achievements and express our determination to developing long-term value," said Guangheng Ji, Chairman of Lufax Holding.
  • We will bolster inclusive finance, support the wider economy, fulfil our corporate responsibilities and create our own sustainability path."
  • As of 2020, Lufax has helped more than 1.24 million small and micro businesses and provided inclusive finance for 2.76 million people.

Melco sustainability strategy ‘Above & Beyond’ honored by PATA Gold Awards and International Gaming Awards

Friday, September 17, 2021 - 10:02am

The Above and Beyond sustainability strategy ensures that Melco achieves carbon neutrality and zero waste across all its global resorts by 2030.

Key Points: 
  • The Above and Beyond sustainability strategy ensures that Melco achieves carbon neutrality and zero waste across all its global resorts by 2030.
  • Ms. Denise Chen, Senior Sustainability Adviser of Melco, said, We are thrilled to be recognized by PATA and IGA for our commitment towards Sustainability.
  • PATA Gold Awards 2021 attracted a total of 113 entries from 51 travel and tourism organizations and individuals.
  • The International Gaming Awards recognizes excellence across the gaming industry and is supported by renowned players from all tiers of the industry.

GBA Business School Under Edvantage Group Officially Founded, Further Expansion in the Guangdong-Hong Kong-Macao Greater Bay Area

Wednesday, September 15, 2021 - 9:55am

After the lighting ceremony, GBA Business School signed two MOUs with Guangdong-Hong Kong-Macao Bay Area Entrepreneurs Union and Hong Kong Cyperport respectively.

Key Points: 
  • After the lighting ceremony, GBA Business School signed two MOUs with Guangdong-Hong Kong-Macao Bay Area Entrepreneurs Union and Hong Kong Cyperport respectively.
  • GBA Business School has held a series of seminars entitled "New Strategic Thinking for the Greater Bay Area" for the past year, with leaders invited from different sectors in the Greater Bay Area to share their practical experiences and insights.
  • With these, GBA Business School hopes to cultivate more future leaders and talents in different areas for the benefit of the Greater Bay Area.
  • In addition, the Group also operates Greater Bay Area Business School (vocational education institution) in Hong Kong, China.

GTJAI Receives 9 Awards from HKIRA for its Information Disclosure

Tuesday, September 14, 2021 - 12:57pm

The HKIRA Investor Relations Awards are prestigious investor relations awards granted to recognize the outstanding performance of Hong Kong listed companies and their professional management members in investor relations practices.

Key Points: 
  • The HKIRA Investor Relations Awards are prestigious investor relations awards granted to recognize the outstanding performance of Hong Kong listed companies and their professional management members in investor relations practices.
  • Since 2018, we have demonstrated to the capital market our commitment to transforming to wealth management business.
  • HKIRA is dedicated to advancing the practice of IR as well as the professional competency and status of our members.
  • For more information about GTJAI, please visit http://www.gtjai.com
    View source version on businesswire.com: https://www.businesswire.com/news/home/20210914005687/en/

Legend Capital Led a New Round of Investment of Etana

Tuesday, September 14, 2021 - 12:42am

HONG KONG, Sept 14, 2021 - (ACN Newswire) - Legend Capital led a new round of investment of PT Etana Biotechnologies Indonesia (Etana), along with Innovent Biologics, Inc. (Innovent) (HKEX: 01801), and a consortium led by UOB Venture Management (UOBVM).

Key Points: 
  • HONG KONG, Sept 14, 2021 - (ACN Newswire) - Legend Capital led a new round of investment of PT Etana Biotechnologies Indonesia (Etana), along with Innovent Biologics, Inc. (Innovent) (HKEX: 01801), and a consortium led by UOB Venture Management (UOBVM).
  • Hong Tan, Managing Director of Legend Capital, said "We appreciate Etana's vision to provide Indonesia with cost-effective biopharmaceuticals.
  • Legend Capital is an independent professional venture capital company under Legend Holdings.
  • Its core business is positioned at the initial stage of venture capital and expansion stage growth investment.

ATAL Training Centre Officially Opens in Hong Kong

Tuesday, September 7, 2021 - 4:05am

HONG KONG, Sept 7, 2021 - (ACN Newswire) - Analogue Holdings Limited (stock code: 1977) together with its subsidiaries (referred to as "ATAL Engineering Group", "ATAL" or the "Group"), a leading electrical and mechanical ("E&M") engineering service provider in Hong Kong, is pleased to announce the official opening of its ATAL Training Centre ("ATC").

Key Points: 
  • HONG KONG, Sept 7, 2021 - (ACN Newswire) - Analogue Holdings Limited (stock code: 1977) together with its subsidiaries (referred to as "ATAL Engineering Group", "ATAL" or the "Group"), a leading electrical and mechanical ("E&M") engineering service provider in Hong Kong, is pleased to announce the official opening of its ATAL Training Centre ("ATC").
  • ATC officially opens to provide a dedicated training space to its employees.
  • Today, our ATAL Training Centre, which has taken some time to bring to fruition, sets an important milestone in our talent cultivation.
  • Established in 1977, ATAL Engineering Group ("ATAL") is a leading electrical and mechanical engineering service provider headquartered in Hong Kong, with operations in Macau, Mainland China, the UK and the US.

Daiwa Securities Upgrades Rating of Parent Company of Precision Tsugami (1651.HK) to "Outperform"

Monday, September 6, 2021 - 11:35am

HONG KONG, Sept 6, 2021 - (ACN Newswire) - Daiwa Securities, in its recently published research report, has upgraded the rating for the parent company of Precision Tsugami (China) Corporation Limited ("Precision Tsugami" or the "Company", stock code: 1651), which is the largest foreign-owned CNC high-precision machine tool manufacturer in the PRC .

Key Points: 
  • HONG KONG, Sept 6, 2021 - (ACN Newswire) - Daiwa Securities, in its recently published research report, has upgraded the rating for the parent company of Precision Tsugami (China) Corporation Limited ("Precision Tsugami" or the "Company", stock code: 1651), which is the largest foreign-owned CNC high-precision machine tool manufacturer in the PRC .
  • The "Outperform" rating was given to the firm as Daiwa Securities was particularly optimistic about Precision Tsugami's strong business foundation in the PRC, and the higher-than-expected number of orders received in July.
  • In the report, Daiwa Securities noted that Precision Tsugami brought a new plant on stream in Anhui Province, the PRC, in March 2021, thus increasing total production capacity by just above 15%.
  • In view of the higher-than-expected number of orders in July, Daiwa Securities raised its revenue forecast for the parent company of Precision Tsugami.

Innovent and GenFleet Announce Exclusive Global License Agreement for GFH925 (KRAS G12C Inhibitor)

Thursday, September 2, 2021 - 1:00am

GFH925, GenFleet's lead KRAS G12C candidate, has recently received Investigational New Drug (IND) approval from National Medical Products Administration (NMPA) in China.

Key Points: 
  • GFH925, GenFleet's lead KRAS G12C candidate, has recently received Investigational New Drug (IND) approval from National Medical Products Administration (NMPA) in China.
  • GenFleet will continue to be responsible for supplying GFH925 for both development and commercial purposes in China.
  • If Innovent exercises the option-in rights, GenFleet will receive up to US$50 million of global development support from Innovent.
  • Innovent has built an international team with advanced talent in high-end biological drug development and commercialization, including many global experts.

Mobvista Announces 2021 Interim Results. Mobvista subsidiary, Mintegral, revenue increases by 40.6% to $224.7 million

Tuesday, August 31, 2021 - 9:36pm

GUANGZHOU, China, Aug. 31, 2021 /PRNewswire/ --Mobvista (stock code: 01860.HK) announces record high revenue reaching a total of US$307.8 million, a 15.3% year-on-year increase.

Key Points: 
  • GUANGZHOU, China, Aug. 31, 2021 /PRNewswire/ --Mobvista (stock code: 01860.HK) announces record high revenue reaching a total of US$307.8 million, a 15.3% year-on-year increase.
  • In addition, the interim results announcement reveals that programmatic advertising subsidiary, Mintegral, continues to be the company's core growth engine.
  • In the first half of 2021, the Mintegral's revenue reached US$224.7 million, 40.6% higher compared with the same period of 2020 and accounting for 73.0% of Mobvista's total revenue in the first half of 2021.
  • Earlier this year, Mobvista announced the proposed acquisition of Reyun, China's leading 3rd party mobile measurement and MarTech company.

Far East Horizon Announces 2021 Interim Results

Tuesday, August 31, 2021 - 5:00am

HONG KONG, Aug 31, 2021 - (ACN Newswire) - Far East Horizon Limited ("Far East Horizon" or "the Group", Stock Code: 03360.HK), a leading financial services and industrial group in China, today announced its interim results for the six months ended 30 June 2021 (the "Review Period").

Key Points: 
  • HONG KONG, Aug 31, 2021 - (ACN Newswire) - Far East Horizon Limited ("Far East Horizon" or "the Group", Stock Code: 03360.HK), a leading financial services and industrial group in China, today announced its interim results for the six months ended 30 June 2021 (the "Review Period").
  • During the Review Period, the Group realized revenue of RMB16.18 billion, representing an increase of 21.91% year-on-year ("YoY").
  • The industrial operation segment continued to record substantial growth with the quality of assets continued to be further optimized.
  • Based on its operational philosophy of "finance + industry", Far East Horizon endeavours to realize its vision of "Integrating global resources and promoting China's industries" by making innovations in products and services to provide our customers with tailor-made integrated operations services.