San Francisco Chinese New Year Festival and Parade

Fosun Showcases LANVIN, Oriental Haute Couture and Yuyuan Original at WDCC 2023

Retrieved on: 
Thursday, September 28, 2023

HONG KONG, Sept. 28, 2023 /PRNewswire/ -- On September 26, the 2023 World Design Cities Conference (WDCC) opened at the Huangpu Riverside with the theme of "Design Beyond Creativity".

Key Points: 
  • HONG KONG, Sept. 28, 2023 /PRNewswire/ -- On September 26, the 2023 World Design Cities Conference (WDCC) opened at the Huangpu Riverside with the theme of "Design Beyond Creativity".
  • Meanwhile, Yuyuan has introduced various original design products that highlighted the original charm of Chinese culture, integrating tradition and fashion to invent a new lifestyle that features the oriental lifestyle aesthetics.
  • The "Shanghai-Milan Twin Cities Show" will mark the opening of the 13th Shanghai Haute Couture Week.
  • Moreover, Fosun and Yuyuan will also bring the oriental lifestyle aesthetics from Shanghai, China to Paris, France.

The idea that imprisonment 'corrects' prisoners stretches back to some of the earliest texts in history

Retrieved on: 
Tuesday, August 22, 2023

But the idea that imprisonment and suffering were supposedly good for the prisoner didn’t emerge in the 19th century.

Key Points: 
  • But the idea that imprisonment and suffering were supposedly good for the prisoner didn’t emerge in the 19th century.
  • Almost a decade ago, as a graduate student researching slavery in early Mesopotamia, I came across numerous texts dealing with imprisonment.
  • I became fascinated with imprisonment in these cultures: Most of them detained suspects only briefly, but in literary and ritual texts, imprisonment was seen as a transformative, purifying experience.

The ‘house of life’

    • Around 1,800 B.C., students training as scribes at Nippur, an ancient Sumerian city, frequently copied from a selection of 10 literary works.
    • Using cuneiform, these aspiring scribes would copy texts that included the exploits of the legendary hero Gilgamesh as he fought the beast Huwawa, the fearsome guardian of the forest.
    • They wrote about a great Mesopotamian king named Šulgi, who claimed to be a god.
    • And as the master scribe dictated these various texts, the students also heard about a prison goddess named Nungal.

Fact vs. fiction

    • Were texts like the “Hymn to Nungal” matters of sincere religion or just fairy tales that no one took seriously?
    • Since it is a literary text, it is not a reliable source about the justice system, either.
    • However, scholars Klaas Veenhof and Dominique Charpin have found evidence of Nungal playing a role in the judicial process.

Yesterday and today

    • Perhaps it is that experience that caused a text like the “Hymn to Nungal” to be written, exploring how such an experience could be used to reform the prisoner through lament.
    • How prison systems think about reform is very different today than how the “Hymn to Nungal” envisions it.

LexinFintech Holdings Ltd. Reports First Quarter Unaudited Financial Results

Retrieved on: 
Wednesday, May 24, 2023

SHENZHEN, China, May 24, 2023 (GLOBE NEWSWIRE) -- LexinFintech Holdings Ltd. (“Lexin” or the “Company”) (NASDAQ: LX), a leading technology-empowered personal financial service enabler in China, today announced its unaudited financial results for the quarter ended March 31, 2023.

Key Points: 
  • SHENZHEN, China, May 24, 2023 (GLOBE NEWSWIRE) -- LexinFintech Holdings Ltd. (“Lexin” or the “Company”) (NASDAQ: LX), a leading technology-empowered personal financial service enabler in China, today announced its unaudited financial results for the quarter ended March 31, 2023.
  • Net profit margin increased to 11.0% from 4.8% in the first quarter of 2022 and 9.9% in the fourth quarter of 2022.
  • The nominal APR5 was 17.1% for the first quarter of 2023, as compared with 14.4% in the first quarter of 2022.
  • First Quarter 2023 Financial Highlights:
    Total operating revenue was RMB2,983 million, representing an increase of 74.2% from the first quarter of 2022.
    Credit facilitation service income was RMB2,116 million, representing an increase of 136% from the first quarter of 2022.

Kuaishou Technology Announces First Quarter 2023 Unaudited Financial Results

Retrieved on: 
Monday, May 22, 2023

HONG KONG, May 22, 2023 /PRNewswire/ -- Kuaishou Technology (HK:1024) (the "Company" or "Kuaishou"), a leading content community and social platform, today announced its unaudited consolidated first quarterly results for the three months ended March 31, 2023.

Key Points: 
  • HONG KONG, May 22, 2023 /PRNewswire/ -- Kuaishou Technology (HK:1024) (the "Company" or "Kuaishou"), a leading content community and social platform, today announced its unaudited consolidated first quarterly results for the three months ended March 31, 2023.
  • Gross profit margin in the first quarter of 2023 was 46.4%, improving from 41.7% for the same period of 2022.
  • Mr. Cheng Yixiao, Co-founder and Chief Executive Officer of Kuaishou said, "We delivered strong results in the first quarter of 2023 with positive adjusted net profit at the group level for the first time since our listing.
  • By the end of the first quarter of 2023, pairs of mutual followers on the Kuaishou App reached a cumulative 29.6 billion, representing a 57.6% growth year-over-year.

EQS-News: Lenzing AG: Lenzing on track for recovery after anticipated difficult start to the financial year

Retrieved on: 
Wednesday, May 3, 2023

As a consequence, earnings before interest, tax, depreciation and amortization (EBITDA) decreased by 66.2 percent year-on-year to EUR 29.7 mn in the first quarter of 2023.

Key Points: 
  • As a consequence, earnings before interest, tax, depreciation and amortization (EBITDA) decreased by 66.2 percent year-on-year to EUR 29.7 mn in the first quarter of 2023.
  • Lenzing launched a reorganization and cost-cutting program in the third quarter of 2022 and is fully on track with its implementation.
  • As part of the investments at the site in Purwakarta (Indonesia), Lenzing is creating additional capacity for LENZING™ ECOVERO™ fibers.
  • These and other measures are aimed at positioning Lenzing in the best possible way for the expected market recovery.

13th Beijing International Film Festival Opens, Celebrates Era in All Its Glory, and Feeds "Beijing Approach" into World Cinema

Retrieved on: 
Monday, April 24, 2023

This classic movie song turned on an extra measure of charm from the interpretation of the two great artists.

Key Points: 
  • This classic movie song turned on an extra measure of charm from the interpretation of the two great artists.
  • The Chinese film market is showing a sign of prosperity.
  • In the recommendation of the films of the year, the cast & crew of The Great War appeared on stage.
  • From April 22 to 29, various activities will be shining with vigor, contributing to the building of an international, professional, and audience-oriented film festival, hence bringing more new formats and new possibilities for world cinema.

EuroEyes Delivers Solid Results in 2022

Retrieved on: 
Tuesday, March 28, 2023

EuroEyes is pleased to announce its annual results for the year ended 31 December 2022 (the "Year").

Key Points: 
  • EuroEyes is pleased to announce its annual results for the year ended 31 December 2022 (the "Year").
  • EuroEyes faced a challenging year in 2022 due to the unfavourable macro environment created by the global COVID-19 pandemic and its related control policies, as well as geopolitical turmoil, inflation and currency fluctuations.
  • In 2022, the Group's total revenue was approximately EUR74.0 million, representing an increase of approximately 7.5% YoY (HK$ equivalent: 610.3 million).
  • EuroEyes announced the acquisition of the London Vision Clinic ("LoVC") on 20 January 2022 for a completion consideration of GBP13,130,000.

Suzhou Municipal Bureau of Culture, Radio, Television and Tourism Launches Ninth Year of North American Marketing Efforts With Chinese New Year Celebrations

Retrieved on: 
Tuesday, February 21, 2023

NEW YORK, Feb. 21, 2023 /PRNewswire-PRWeb/ -- On November 19, 2022, the Suzhou Municipal Bureau of Culture, Radio, Television and Tourism announced that it has once again retained PTG Consulting as its English-language marketing partner for North America and Europe. This marks the ninth year that PTG Consulting has worked on Suzhou's behalf in North America and the third year in Europe.

Key Points: 
  • The Suzhou Municipal Bureau of Culture, Radio, Television and Tourism has once again retained PTG Consulting as its English-language marketing partner for North America and Europe.
  • This marks the ninth year that PTG Consulting has worked on Suzhou's behalf in North America and the third year in Europe.
  • NEW YORK, Feb. 21, 2023 /PRNewswire-PRWeb/ -- On November 19, 2022, the Suzhou Municipal Bureau of Culture, Radio, Television and Tourism announced that it has once again retained PTG Consulting as its English-language marketing partner for North America and Europe.
  • This marks the ninth year that PTG Consulting has worked on Suzhou's behalf in North America and the third year in Europe.

Samarkand Group plc : Market Update

Retrieved on: 
Wednesday, February 22, 2023

Samarkand Group plc (AQSE:SMK), the cross-border eCommerce technology, services and consumer brand group, this morning provides a trading update based on recent trading conditions and the near-term outlook in its key market, China.

Key Points: 
  • Samarkand Group plc (AQSE:SMK), the cross-border eCommerce technology, services and consumer brand group, this morning provides a trading update based on recent trading conditions and the near-term outlook in its key market, China.
  • In December 2022 the zero-COVID policy that had been in effect since the start of the pandemic was reversed.
  • Probio7 has returned to growth in its domestic market and has been able to protect gross margins by effectively managing cost inflation.
  • David Hampstead, Chief Executive Officer of Samarkand Group, commented “The past 18 months have been difficult for us and many businesses in our industry.

 A Tour Around Beijing for A Happy Chinese New Year|2023 Overseas “Happy Chinese New Year” Online Gala Invites International Friends to Come Around

Retrieved on: 
Sunday, January 22, 2023

The 2023 Overseas “Happy Chinese New Year” Online Gala is sponsored by People's Government of Beijing Municipality, City of Helsinki, and embassies of China in Finland, Estonia, Greece, Belgium and Canada.

Key Points: 
  • The 2023 Overseas “Happy Chinese New Year” Online Gala is sponsored by People's Government of Beijing Municipality, City of Helsinki, and embassies of China in Finland, Estonia, Greece, Belgium and Canada.
  • Four premium cultural performances will also be aired live, in a variety of art forms such as music, dance, and martial arts.
  • The event invites Chinese and foreign friends to Beijing Overseas Cultural Exchanges Center for a happy gathering.
  • They will visit the exhibition of the Global Zodiac Design Competition, taste Spring Festival dishes and exchange new year gifts.