Hang Seng Bank

Fosun's Strategy of "Streamlining the Organization" Begins to Bear Fruit and Offshore Syndicated Loan are Launched

Retrieved on: 
Friday, May 12, 2023

The offshore syndicated loan was jointly initiated by seven banks including Bank of China, Bank of East Asia, Commerzbank, Hang Seng Bank, HSBC, Natixis Bank, and Standard Chartered Bank as lead bookrunners.

Key Points: 
  • The offshore syndicated loan was jointly initiated by seven banks including Bank of China, Bank of East Asia, Commerzbank, Hang Seng Bank, HSBC, Natixis Bank, and Standard Chartered Bank as lead bookrunners.
  • Since the formation of the syndicate, more than 10 banks have joined and banks may join through the "greenshoe option" in the next three months.
  • In January this year, Fosun's domestic entity obtained a syndicated loan of RMB12 billion.
  • Meanwhile, in the first quarter of 2023, Fosun High Technology successfully redeemed RMB5.93 billion bond in the domestic open market.

Ping An Asset Management Company statement on HSBC Group Plc

Retrieved on: 
Tuesday, April 18, 2023

In light of significant and at times misleading market speculation and reports regarding Ping An's relations with and views about HSBC Holdings plc (HSBC or HSBC Group), Ping An Asset Management Company (PAAMC) wishes to publicly clarify its ownership stance on HSBC.

Key Points: 
  • In light of significant and at times misleading market speculation and reports regarding Ping An's relations with and views about HSBC Holdings plc (HSBC or HSBC Group), Ping An Asset Management Company (PAAMC) wishes to publicly clarify its ownership stance on HSBC.
  • Secondly, HSBC Group and HSBC Asia performance continues to significantly underperform peers despite absolute performance improving.
  • Fifthly, HSBC Group has drained HSBC Asia of dividends and growth capital to support its relatively low return non-Asia businesses.
  • VI - About Ping An Asset Management Co., Ltd. ("PAAMC")
    PAAMC is a top-ranked asset management institution in China and has been ranked among the top in Asia.

Ping An Asset Management Company statement on HSBC Group Plc

Retrieved on: 
Tuesday, April 18, 2023

In light of significant and at times misleading market speculation and reports regarding Ping An's relations with and views about HSBC Holdings plc (HSBC or HSBC Group), Ping An Asset Management Company (PAAMC) wishes to publicly clarify its ownership stance on HSBC.

Key Points: 
  • In light of significant and at times misleading market speculation and reports regarding Ping An's relations with and views about HSBC Holdings plc (HSBC or HSBC Group), Ping An Asset Management Company (PAAMC) wishes to publicly clarify its ownership stance on HSBC.
  • Secondly, HSBC Group and HSBC Asia performance continues to significantly underperform peers despite absolute performance improving.
  • Fifthly, HSBC Group has drained HSBC Asia of dividends and growth capital to support its relatively low return non-Asia businesses.
  • VI - About Ping An Asset Management Co., Ltd. ("PAAMC")
    PAAMC is a top-ranked asset management institution in China and has been ranked among the top in Asia.

HKTDC MarketingPulse and eTailingPulse attract over 1,400 global industry professionals

Retrieved on: 
Wednesday, March 15, 2023

HONG KONG, Mar 15, 2023 - (ACN Newswire) - Organised by the Hong Kong Trade Development Council (HKTDC), MarketingPulse and eTailingPulse were held today.

Key Points: 
  • HONG KONG, Mar 15, 2023 - (ACN Newswire) - Organised by the Hong Kong Trade Development Council (HKTDC), MarketingPulse and eTailingPulse were held today.
  • With this year's theme being "MASTER THE FUTURE", the event featured over 30 events and attracted more than 1,400 global industry professionals from 18 countries and regions.
  • The MarketingPulse and eTailingPulse conference concluded successfully today, attracting more than 1,400 global attendees from 18 countries and regions.
  • The online platform for MarketingPulse will be accessible to industry professionals as of 16 March, until 15 April.

HKTDC MarketingPulse to be held at HKCEC in Wan Chai

Retrieved on: 
Friday, March 3, 2023

Mauro Porcini, PepsiCo's Senior Vice President and Global Chief Design Officer, for example, will share his thoughts on integrating marketing and design.

Key Points: 
  • Mauro Porcini, PepsiCo's Senior Vice President and Global Chief Design Officer, for example, will share his thoughts on integrating marketing and design.
  • Organised by the Hong Kong Trade Development Council (HKTDC), the HKTDC Pulse Series returns to its longstanding physical venue this month at the Hong Kong Convention and Exhibition Centre (HKCEC).
  • The series includes "MarketingPulse", "eTailingPulse" and "EntertainmentPulse", bringing together executives from across the marketing, entertainment and e-commerce sectors to facilitate networking and collaboration.
  • For interviews with speakers, please email [email protected] and [email protected] and we will be in touch to follow up.

TARISIO AUCTIONS TO FEATURE THE 'BALTIC'

Retrieved on: 
Wednesday, February 15, 2023

NEW YORK, Feb. 15, 2023 /PRNewswire/ -- Tarisio, the leading global auction house for fine musical instruments and bows, has been entrusted with the sale of a rare masterpiece: the 292-year-old Guarneri violin known as the 'Baltic'. It is estimated to achieve in excess of US$10 million in an online auction that runs to March 16, 2023.

Key Points: 
  • It is estimated to achieve in excess of US$10 million in an online auction that runs to March 16, 2023.
  • Throughout its near 300-year history, musicians, curators and collectors have cherished the 'Baltic' for its powerful sound and exquisite form.
  • It remains in excellent condition and is accompanied by a dendrochronology report and certificates from W. E. Hill & Sons, Rembert Wurlitzer and Tarisio.
  • Carlos Tomé, Director and Head of Sales at Tarisio, noted: "The 'Baltic' is more than an exceptional instrument; it is a singular work of art.

TARISIO AUCTIONS TO FEATURE THE 'BALTIC'

Retrieved on: 
Wednesday, February 15, 2023

NEW YORK, Feb. 15, 2023 /PRNewswire/ -- Tarisio, the leading global auction house for fine musical instruments and bows, has been entrusted with the sale of a rare masterpiece: the 292-year-old Guarneri violin known as the 'Baltic'. It is estimated to achieve in excess of US$10 million in an online auction that runs to March 16, 2023.

Key Points: 
  • It is estimated to achieve in excess of US$10 million in an online auction that runs to March 16, 2023.
  • Throughout its near 300-year history, musicians, curators and collectors have cherished the 'Baltic' for its powerful sound and exquisite form.
  • It remains in excellent condition and is accompanied by a dendrochronology report and certificates from W. E. Hill & Sons, Rembert Wurlitzer and Tarisio.
  • Carlos Tomé, Director and Head of Sales at Tarisio, noted: "The 'Baltic' is more than an exceptional instrument; it is a singular work of art.

Fosun International's 2021 Annual Report Wins Gold Award at the 2022 International ARC Awards

Retrieved on: 
Friday, January 27, 2023

The 2021 annual report of Fosun International Limited ("Fosun International" or the "Company", HKEX: 00656) won Gold Award in the "Traditional Annual Report" category of the 2022 International ARC Awards.

Key Points: 
  • The 2021 annual report of Fosun International Limited ("Fosun International" or the "Company", HKEX: 00656) won Gold Award in the "Traditional Annual Report" category of the 2022 International ARC Awards.
  • Hailed as the "Academy Awards of annual reports", the International ARC Awards is the world's most prestigious competition honoring excellence in annual reports.
  • In addition to Fosun International, CK Hutchison Holdings and NWS Holdings also won awards in the Traditional Annual Report - Diversified Business category of the 2022 International ARC Awards.
  • Hailed as the "Academy Awards of annual reports", the International ARC Awards is globally recognized for its openness and fairness, providing a platform for the highest standards in the annual report industry.

'New Approaches': How China's economy maintained resilience, picked up recovery

Retrieved on: 
Monday, December 19, 2022

BEIJING, Dec. 19, 2022 /PRNewswire/ -- Some media raised their tone reporting that China's COVID-19 controls have hurt the country's economy.

Key Points: 
  • BEIJING, Dec. 19, 2022 /PRNewswire/ -- Some media raised their tone reporting that China's COVID-19 controls have hurt the country's economy.
  • In the three years combating the epidemic, China's economic growth rate has slowed down when compared to itself.
  • In 2020, China's early containment of COVID-19 helped it to restore production capacity, making it the only major economy to see positive growth.
  • The new measures will pave the way for a full recovery, Wang said, adding that the economic recovery will accelerate throughout 2023, with the recovery in consumption as the main driver for domestic demand.

'New Approaches': How China's economy maintained resilience, picked up recovery

Retrieved on: 
Monday, December 19, 2022

BEIJING, Dec. 17, 2022 /PRNewswire/ -- Some media raised their tone reporting that China's COVID-19 controls have hurt the country's economy.

Key Points: 
  • BEIJING, Dec. 17, 2022 /PRNewswire/ -- Some media raised their tone reporting that China's COVID-19 controls have hurt the country's economy.
  • In the three years combating the epidemic, China's economic growth rate has slowed down when compared to itself.
  • In 2020, China's early containment of COVID-19 helped it to restore production capacity, making it the only major economy to see positive growth.
  • The new measures will pave the way for a full recovery, Wang said, adding that the economic recovery will accelerate throughout 2023, with the recovery in consumption as the main driver for domestic demand.