Dato

Chinese Firms Show Resilient Interest in U.S. IPOs Despite Regulatory Hurdles

Retrieved on: 
Monday, December 4, 2023

NEW YORK, Dec. 4, 2023 /PRNewswire/ -- Despite regulatory challenges and geopolitical tensions, there is a sustained interest among Chinese companies in listing on U.S. stock exchanges. This trend is indicative of the global financial clout and reputation of U.S. capital markets, which offer Chinese firms access to a wider investor base and potentially higher valuations than domestic or other international exchanges. The U.S. stock market, being one of the largest and most liquid in the world, provides significant advantages for Chinese companies seeking to expand their international presence and secure capital for growth and innovation. As of October, seventeen Chinese companies raising a total of $405 million started trading on U.S. exchanges this year, according to data from IPO research firm Renaissance Capital. Last year's 14 IPOs raised a total of $468 million. VCI Global Limited (NASDAQ: VCIG), Tencent Holding Ltd. (OTC: TCEHY), Lufax Holding Ltd (NYSE: LU), Qifu Technology, Inc. (NASDAQ: QFIN)

Key Points: 
  • NEW YORK, Dec. 4, 2023 /PRNewswire/ -- Despite regulatory challenges and geopolitical tensions, there is a sustained interest among Chinese companies in listing on U.S. stock exchanges.
  • VCI Global Limited (NASDAQ: VCIG), Tencent Holding Ltd. (OTC: TCEHY), Lufax Holding Ltd (NYSE: LU), Qifu Technology, Inc. (NASDAQ: QFIN)
    This ongoing interest, despite regulatory and geopolitical headwinds, underscores the strategic importance and perceived benefits of U.S. listings for Chinese companies.
  • "During the quarter, despite the macro uncertainty, we continued to improve our operational efficiency and drive for better economic returns.
  • Meanwhile, we are continuing to strengthen our commercialization efficiency by integrating advertising solutions and live broadcasting across our content ecosystem.

Chinese Firms Show Resilient Interest in U.S. IPOs Despite Regulatory Hurdles

Retrieved on: 
Monday, December 4, 2023

NEW YORK, Dec. 4, 2023 /PRNewswire/ -- Despite regulatory challenges and geopolitical tensions, there is a sustained interest among Chinese companies in listing on U.S. stock exchanges. This trend is indicative of the global financial clout and reputation of U.S. capital markets, which offer Chinese firms access to a wider investor base and potentially higher valuations than domestic or other international exchanges. The U.S. stock market, being one of the largest and most liquid in the world, provides significant advantages for Chinese companies seeking to expand their international presence and secure capital for growth and innovation. As of October, seventeen Chinese companies raising a total of $405 million started trading on U.S. exchanges this year, according to data from IPO research firm Renaissance Capital. Last year's 14 IPOs raised a total of $468 million. VCI Global Limited (NASDAQ: VCIG), Tencent Holding Ltd. (OTC: TCEHY), Lufax Holding Ltd (NYSE: LU), Qifu Technology, Inc. (NASDAQ: QFIN)

Key Points: 
  • NEW YORK, Dec. 4, 2023 /PRNewswire/ -- Despite regulatory challenges and geopolitical tensions, there is a sustained interest among Chinese companies in listing on U.S. stock exchanges.
  • VCI Global Limited (NASDAQ: VCIG), Tencent Holding Ltd. (OTC: TCEHY), Lufax Holding Ltd (NYSE: LU), Qifu Technology, Inc. (NASDAQ: QFIN)
    This ongoing interest, despite regulatory and geopolitical headwinds, underscores the strategic importance and perceived benefits of U.S. listings for Chinese companies.
  • "During the quarter, despite the macro uncertainty, we continued to improve our operational efficiency and drive for better economic returns.
  • Meanwhile, we are continuing to strengthen our commercialization efficiency by integrating advertising solutions and live broadcasting across our content ecosystem.

CSpro launches issuance, distribution and investment services for security token offerings in Hong Kong and starts accepting applications from potential security token issuers

Retrieved on: 
Monday, November 13, 2023

HONG KONG, Nov. 13, 2023 /PRNewswire/ -- CSpro (Hong Kong) Limited (CSpro, formerly Signum Digital Limited), is proud to announce the official launch of its groundbreaking services for issuers and professional investors (as defined by Hong Kong law) of security token offerings (STOs).

Key Points: 
  • HONG KONG, Nov. 13, 2023 /PRNewswire/ -- CSpro (Hong Kong) Limited (CSpro, formerly Signum Digital Limited), is proud to announce the official launch of its groundbreaking services for issuers and professional investors (as defined by Hong Kong law) of security token offerings (STOs).
  • Big congratulations to CSpro for achieving such great milestone for launching regulated STO services in Hong Kong," commented King Leung, Head of Financial Services and Fintech at InvestHK.
  • "We are thrilled to introduce CSpro's STO services to the market," said Samson Lee, Founder & CEO of CSpro.
  • CSpro is now accepting applications from potential security token issuers of STOs for providing issuance and distribution services for STOs to professional investors.

CSpro launches issuance, distribution and investment services for security token offerings in Hong Kong and starts accepting applications from potential security token issuers

Retrieved on: 
Monday, November 13, 2023

HONG KONG, Nov. 13, 2023 /PRNewswire/ -- CSpro (Hong Kong) Limited (CSpro, formerly Signum Digital Limited), is proud to announce the official launch of its groundbreaking services for issuers and professional investors (as defined by Hong Kong law) of security token offerings (STOs).

Key Points: 
  • HONG KONG, Nov. 13, 2023 /PRNewswire/ -- CSpro (Hong Kong) Limited (CSpro, formerly Signum Digital Limited), is proud to announce the official launch of its groundbreaking services for issuers and professional investors (as defined by Hong Kong law) of security token offerings (STOs).
  • Big congratulations to CSpro for achieving such great milestone for launching regulated STO services in Hong Kong," commented King Leung, Head of Financial Services and Fintech at InvestHK.
  • "We are thrilled to introduce CSpro's STO services to the market," said Samson Lee, Founder & CEO of CSpro.
  • CSpro is now accepting applications from potential security token issuers of STOs for providing issuance and distribution services for STOs to professional investors.

Nasdaq-Listed AGAPE Forges Ahead with Sustainable Energy Business

Retrieved on: 
Wednesday, November 8, 2023

("Volt Industries") in Pahang as part of the Company's strategy to develop and offer sustainable energy solutions.

Key Points: 
  • ("Volt Industries") in Pahang as part of the Company's strategy to develop and offer sustainable energy solutions.
  • ATPC, which was recently listed on Nasdaq, specializes in sustainable global 'wellness' ecosystem and the development and production of advanced technology solutions for the energy sector.
  • Dato' Sri Dr. How Kok Choong, the founder of AGAPE ATP, said: "Our recent IPO on Nasdaq was just the beginning.
  • This MoA signifies ATPC's expansion into the sustainable energy space, reflecting our ambitions on both the local and global stages.

Two L Unveils Plus Size Fashion at The Starhill

Retrieved on: 
Monday, October 30, 2023

KUALA LUMPUR, Oct 30, 2023 - (ACN Newswire) - Setting the stage for a groundbreaking fashion event, Two L, a 23-year-old fashion brand, unveiled its luxurious boutique with a resplendent fashion show, themed "Love Large Fashion Fest," at The Starhill on Saturday.

Key Points: 
  • KUALA LUMPUR, Oct 30, 2023 - (ACN Newswire) - Setting the stage for a groundbreaking fashion event, Two L, a 23-year-old fashion brand, unveiled its luxurious boutique with a resplendent fashion show, themed "Love Large Fashion Fest," at The Starhill on Saturday.
  • Pioneering women's fashion, Two L introduced a comprehensive women's wear collection, redefining the runway with sizes ranging from an international S to four XL (4XL).
  • The runway extravaganza showcased a dynamic fusion of corporate, casual, essentials, and cutting-edge trends, promising an all-encompassing style experience.
  • Two L proudly offers the widest size range in Malaysia, from S to 4XL, and holds the prestigious 'Malaysia Book of Record - Biggest Woman Pants Replica' certification."

Malaysia releases Simplified ESG Disclosure Guide for SMEs in Supply Chains

Retrieved on: 
Wednesday, October 18, 2023

First-of-its-kind guidance developed to support SMEs within supply chains in tracking and reporting their sustainability disclosures to remain relevant and competitive.

Key Points: 
  • First-of-its-kind guidance developed to support SMEs within supply chains in tracking and reporting their sustainability disclosures to remain relevant and competitive.
  • KUALA LUMPUR, Oct 18, 2023 - (ACN Newswire) - Capital Markets Malaysia ("CMM"), an affiliate of the Securities Commission Malaysia ("SC"), today launched a Simplified ESG Disclosure Guide ("SEDG"), making Malaysia the first country globally to provide small-to-medium enterprises ("SMEs") within global supply chains with a streamlined and standardised set of guidelines in relation to environment, social and governance ("ESG") disclosures.
  • In formulating the Guide, public and market consultations were conducted with multiple stakeholder groups -- including large multinational and public listed companies ("PLCs"), SMEs, and regulatory and policy stakeholders -- to better understand the disclosure challenges, needs and expectations of SMEs within the supply chain.
  • The Adopter Programme will provide SMEs with access to in-person training, tutorials, and workshops nationwide to guide SMEs in disclosing ESG data.

Medi Lifestyle Limited Elevates Wound Care Innovations at Global Conference

Retrieved on: 
Friday, October 6, 2023

Showcasing High-Purity Exosomes and Cutting-Edge Cell Products Live at D-Foot International, Apadlp & 5th Global Wound Conference 2023

Key Points: 
  • Showcasing High-Purity Exosomes and Cutting-Edge Cell Products Live at D-Foot International, Apadlp & 5th Global Wound Conference 2023
    KUALA LUMPUR, Oct 6, 2023 - (ACN Newswire) - Medi Lifestyle Limited ("Medi Lifestyle" or the "Group"), a renowned Singapore-listed frontrunner in healthcare innovation, is please to participate as an exhibitor at the prestigious "D-Foot International, Apadlp & 5th Global Wound Conference 2023" themed "Woundbusters The Legacy".
  • Medi Lifestyle's Booth at "D-Foot International, Apadlp & 5th Global Wound Conference 2023"
    This significant conference has garnered the support of esteemed organisations and authorities, including the Ministry of Health Malaysia, Hospital Kuala Lumpur, Asian Wound Care Association, Sunway Medical Centre (Sunway City), Malaysia Society of Wound Care Professionals, and other respected entities.
  • Beyond its evident prestige, this conference plays an indispensable role in advancing the wound care industry.
  • Medi Lifestyle cordially invites all attendees to visit their exhibit to gain a deeper understanding of their groundbreaking products and the future of wound care.

Artroniq Announces EV Bike Launch with United Motors in Malaysia in Q4 of 2023

Retrieved on: 
Wednesday, September 27, 2023

The imminent launch promises to be a momentous event in ASEAN's landscape, strengthening Malaysia's deep-rooted partnership with Indonesia.

Key Points: 
  • The imminent launch promises to be a momentous event in ASEAN's landscape, strengthening Malaysia's deep-rooted partnership with Indonesia.
  • Both nations remain united in their mission to foster sustainable economic growth in the ASEAN community.
  • Mr. Marcus Chin Choon Wei, CFO of Artroniq, stated, "Our partnership is not just about business; it's about shared values, especially in sustainability.
  • These electric bikes also serve as the official bikes of G20, having been tested and endorsed by world leaders during the 2022 G20 summit.

Malaysia Healthcare Travel Council Collaborates with Top Notch Integrated Wellness Residences Through “Rejuvenate with Malaysia Healthcare”

Retrieved on: 
Friday, August 25, 2023

KUALA LUMPUR, Malaysia, Aug. 25, 2023 (GLOBE NEWSWIRE) -- Malaysia Healthcare Travel Council (MHTC) is proud to announce a pilot programme, "Rejuvenate with Malaysia Healthcare," which aims to cultivate Malaysia as an active retirement living destination worldwide.

Key Points: 
  • KUALA LUMPUR, Malaysia, Aug. 25, 2023 (GLOBE NEWSWIRE) -- Malaysia Healthcare Travel Council (MHTC) is proud to announce a pilot programme, "Rejuvenate with Malaysia Healthcare," which aims to cultivate Malaysia as an active retirement living destination worldwide.
  • With its holistic approach to healthcare travel encompassing wellness and active senior healthcare, Malaysia is poised to become a global leader in providing exceptional active retirement experiences.
  • For comprehensive information on Malaysia Healthcare and its services, including healthcare travel, visit https://malaysiahealthcare.org.my.
  • Stay updated with Malaysia Healthcare by following our social media accounts on Facebook at http://www.facebook.com/malaysiahealthcare.org and on LinkedIn through the Malaysia Healthcare Travel Council.