Hang Seng Composite Index Series

TCLE (01070.HK) Mini LED Smart Screens Win CES® 2023 Innovation Awards

Retrieved on: 
Monday, November 28, 2022

HONG KONG, Nov. 28, 2022 /PRNewswire/ -- TCL Electronics Holdings Limited ("TCL Electronics" or the "Company", 01070.HK) is pleased to announce that TCL Mini LED 4K Smart Screen 75C935 and TCL Mini LED 4K Smart Screen 75C835 have been awarded the CES® 2023 Innovation Award for their striking innovative design and engineering features.

Key Points: 
  • HONG KONG, Nov. 28, 2022 /PRNewswire/ --TCL Electronics Holdings Limited ("TCL Electronics" or the "Company", 01070.HK) is pleased to announce that TCL Mini LED 4K Smart Screen 75C935 and TCL Mini LED 4K Smart Screen 75C835 have been awarded the CES 2023 Innovation Award for their striking innovative design and engineering features.
  • The fact that TCL Electronics wins two CES 2023 Innovation Awards is a testament to the industry's acknowledgement of TCL Mini LED smart screens, and a testament to the extraordinary strength of TCL Mini LED smart screens.
  • Known as the "next generation display technology", Mini LED backlight technology is an upgraded version of the traditional LED backlight technology.
  • TCL Electronics has been committed to the research and development of Mini LED technology and has become the industry leader by launching the world's first Mini LED smart screen in 2019.

EC Healthcare Announces FY2022/23 Interim Results, Revenue Increased 31.1% YoY Mainly Driven by Medical Services

Retrieved on: 
Thursday, November 24, 2022

-- Total number of service points increased to 154, total gross floor area ("GFA") increased by 24.1% YoY to approximately 557,000 sq.

Key Points: 
  • -- Total number of service points increased to 154, total gross floor area ("GFA") increased by 24.1% YoY to approximately 557,000 sq.
  • The demand for medical services provided by the Group remains strong, and the Group able to increase its market share during the period.
  • Organic revenue(1) of the Group increased by 22.8% YoY to HK$1,773.7 million, accounting for 93.7% of the total driven by effective sales strategy.
  • During the Period, revenue contributed by aesthetic medical and beauty and wellness services decreased by 2.0% YoY to HK$607.4 million, accounted for approximately 32.1% of total revenue.

K. Wah Group Sponsors Hong Kong Palace Museum Volunteer Programme, Committed to Promoting Chinese Culture and Dialogue among World Civilisations

Retrieved on: 
Tuesday, November 15, 2022

The training sessions help them understand the rich and profound Chinese culture and develop a more in-depth understanding of the heritage industry.

Key Points: 
  • The training sessions help them understand the rich and profound Chinese culture and develop a more in-depth understanding of the heritage industry.
  • Having completed the training programme, the volunteers are assisting the Museum with educational activities, exhibition planning, research, artefact conservation and museum operations.
  • Joined by Dr Louis Ng, Museum Director of the Hong Kong Palace Museum, they witnessed the volunteers embark on their mission to promote Chinese culture.
  • About K. Wah International Holdings Limited (stock code: 00173)
    K. Wah International Holdings Limited ("KWIH"), listed in Hong Kong in 1987, is the property flagship of K. Wah Group.

ESR's ARA announces milestone partnership with the Export-Import Bank of China for US$1 billion infrastructure fund

Retrieved on: 
Monday, November 21, 2022

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Key Points: 
  • [2]
    The Export-Import Bank of China, GezhoubaGroup Overseas Investment Corporation,China Road & Bridge Corporation and ARA have together committed US$1 billion to CAF II.
  • The fund will invest in ASEAN countries across various infrastructure, energy resourcesincluding renewables, and ICT sub-sectors, with a strong focus on sustainability and ESGstandards.
  • Jeffrey Shen and Stuart Gibson, ESR Co-founders and Co-CEOs, said: "We arevery proud of our ARA Infrastructure team for setting up the largest ASEAN-focused private infrastructure fund.
  • Dedicated to supporting the foreign trade sector, the Export-Import Bank of China takesASEAN countries as key areasfor business development.

Nissin Foods Announces 2022 Q3 Results

Retrieved on: 
Thursday, November 10, 2022

HONG KONG, Nov 10, 2022 - (ACN Newswire) - Nissin Foods Company Limited ("Nissin Foods" or the "Company", and together with its subsidiaries, the "Group"; Stock code: 1475) today announced its financial results for the nine months ended 30 September 2022 ("the Reporting Period").

Key Points: 
  • HONG KONG, Nov 10, 2022 - (ACN Newswire) - Nissin Foods Company Limited ("Nissin Foods" or the "Company", and together with its subsidiaries, the "Group"; Stock code: 1475) today announced its financial results for the nine months ended 30 September 2022 ("the Reporting Period").
  • Revenue from Hong Kong and China operations respectively grew 11.6% to HK$1,156.6 million and 5.7% to HK$1,925.2 million YoY.
  • Moreover, for Hong Kong operations, good demand for instant noodles and frozen foods contributed to the revenue growth.
  • The Group primarily manufactures and sells instant noodles, frozen foods and other food products under its two core corporate brands, namely "NISSIN" and "DOLL" together with a diversified portfolio of iconic household premium food brands.

Nissin Foods Wins Bid for Acquiring Equity Interest in Zhuhai Winner at RMB352.44 Million

Retrieved on: 
Monday, November 7, 2022

HONG KONG, Nov 7, 2022 - (ACN Newswire) - Nissin Foods Company Limited ("Nissin Foods", and together with its subsidiaries, the "Group"; Stock code: 1475) announced that its wholly-owned subsidiary Nissin Foods (China) Holding Co., Ltd. ("Nissin Foods China") has won a bid for 29.55% equity interest in Zhuhai Golden Coast Winner Food Products Limited ("Zhuhai Winner") (the "Proposed Acquisition") at RMB352.44 million.

Key Points: 
  • HONG KONG, Nov 7, 2022 - (ACN Newswire) - Nissin Foods Company Limited ("Nissin Foods", and together with its subsidiaries, the "Group"; Stock code: 1475) announced that its wholly-owned subsidiary Nissin Foods (China) Holding Co., Ltd. ("Nissin Foods China") has won a bid for 29.55% equity interest in Zhuhai Golden Coast Winner Food Products Limited ("Zhuhai Winner") (the "Proposed Acquisition") at RMB352.44 million.
  • An indirect subsidiary of Nissin Foods, Zhuhai Winner is 70.45% owned by Winner Food Products Limited, a wholly-owned subsidiary of the Company, and 29.55% owned by Zhuhai Western Development Co.
  • Upon completion of the Proposed Acquisition, Zhuhai Winner will become an indirect wholly-owned subsidiary of Nissin Foods.
  • Zhuhai Winner is a manufacturer and distributor of instant noodles for Nissin Foods.

EC Healthcare expects a record-high semi-annual sales volume in first half of FY23 of no less than HK$1.8 billion, Represents no less than 17% Y-o-Y increase

Retrieved on: 
Monday, October 17, 2022

The Board expects the Group to achieve a record-high semi-annual overall sales volume of no less than HK$1.8 billion for the Reporting Period, representing a no less than 17% y-o-y increase.

Key Points: 
  • The Board expects the Group to achieve a record-high semi-annual overall sales volume of no less than HK$1.8 billion for the Reporting Period, representing a no less than 17% y-o-y increase.
  • The Group expects to achieve a no less than 30% y-o-y increase for medical services sales volume.
  • Sales volume of other services rose by no less than 95% y-o-y, mainly driven by the acquisition of veterinary businesses.
  • Mr. Eddy Tang, Chairman, Executive Director and Chief Executive Officer of EC Healthcare said, EC Healthcare is always committed to building a diversified healthcare ecosystem to maximize customers' lifetime value.

TCLE (01070.HK) Sells 16.62 Million Smart Screens Globally in the First Three Quarters of 2022

Retrieved on: 
Friday, October 21, 2022

HONG KONG, Oct. 20, 2022 /PRNewswire/ -- TCL Electronics Holdings Limited ("TCL Electronics" or the "Company", 01070.HK) announced today its global sales volume for the first three quarters of 2022. Global sales volume of TCL smart screens reached 16.62 million sets, of which 6.47 million sets were sold in the third quarter, a significant increase of 11.8% year-on-year. With the "TCL and FFalcon" dual brand strategy carried out, a series of newly launched high-end and large-screen TCL smart screens were popular among consumers. Driven by the optimisation of distribution channel structure and the upgrade of product mix, sales volume in the domestic market increased rapidly. In 2022 Q3, sales volume of TCL smart screens in the PRC market rose by 46.6% year-on-year.

Key Points: 
  • In 2022 Q3, sales volume of TCL smart screens in the PRC market rose by 46.6% year-on-year.
  • In the first three quarters of 2022, sales volume of the Company's large-sized smart screens grew significantly.
  • The overall average size of TCL smart screens sold in the market increased by 2.6 inches year-on-year to 47.4 inches.
  • In addition to smart screens, TCL Electronics sold 13.62 million sets in total of small and medium-sized displays in the first three quarters of 2022.

ESR Group achieves outstanding results in 2022 GRESB Assessment in recognition of its exemplary ESG performance

Retrieved on: 
Monday, October 17, 2022

These results are a recognition of the Group's Environmental, Social and Governance ("ESG") leadership and commitment across business units.

Key Points: 
  • These results are a recognition of the Group's Environmental, Social and Governance ("ESG") leadership and commitment across business units.
  • We are proud to have achieved another year of outstanding scores and thank GRESB for the strong recognition of our excellent ESG performance.
  • The consistent recognition by international indices such as GRESB cements our position as an ESG leader in real estate.
  • Tang Boon Kang, ESR Group Head, Governance & Sustainability and Emma Larsson, ESR Group ESG Officer, said: "ESR has made great progress on our ESG efforts set out in our ESG 2025 Roadmap.

TCL Holdings and the Share Award Scheme Acquire over 100 Million Shares of TCL Electronics (01070.HK)

Retrieved on: 
Wednesday, October 12, 2022

HONG KONG, Oct. 12, 2022 /PRNewswire/ -- TCL Electronics Holdings Limited ("TCL Electronics" or the "Company", 01070.HK) is pleased to announce that, since the publication of the Company's interim results for the six months ended 30 June 2022 on 19 August 2022, its parent company T.C.L. Industries Holdings Limited ("TCL Holdings") has acquired over 25 million shares of the Company. The shareholding increase announcement was made by TCL Holdings in August 2021. During the period from the publication date of the Company's 2021 annual results announcement (i.e. 11 March 2022) till now, TCL Holdings has acquired over 90 million shares of the Company, increasing its interest in the Company by approximately 3.21 percentage points. At present, TCL Holdings is interested in over 1.35 billion shares in the issued share capital of the Company, representing approximately 54.03% of the total number of issued shares of the Company.

Key Points: 
  • Industries Holdings Limited ("TCL Holdings") has acquired over 25 million shares of the Company.The shareholding increase announcement was made by TCL Holdings in August 2021.
  • 11 March 2022) till now, TCL Holdings has acquired over 90 million shares of the Company, increasing its interest in the Company by approximately 3.21 percentage points.
  • In addition, since March 2022, the management of the Company has instructed the trustee of the share award scheme of the Company ("Share Award Scheme") to acquire over 16 million shares of the Company in the open market as for the share award scheme.
  • Ms. Du Juan, Chairperson of the Board of the Company, also purchased 1 million shares of TCL Electronics in her personal name.