HKEX

Head-to-head Superiority over Dulaglutide: Innovent's Phase 3 Clinical Trial DREAMS-2 of Mazdutide in Chinese Patients with Type 2 Diabetes were Orally Presented at EASD 2024

Retrieved on: 
Thursday, September 12, 2024

The study results demonstrated the superiority of mazdutide to dulaglutide in both glycemic control and body weight reduction in Chinese participants with T2D.

Key Points: 
  • The study results demonstrated the superiority of mazdutide to dulaglutide in both glycemic control and body weight reduction in Chinese participants with T2D.
  • Meanwhile, the first Phase 3 study results of mazdutide in the weight loss of overweight/obese subjects (GLORY-1) were reported in oral presentation session of EASD.
  • Participants were randomized to receive mazdutide 4 mg, mazdutide 6 mg or dulaglutide 1.5 mg for 28 weeks.
  • I look forward to the clinical availability of mazdutide as soon as possible to provide new treatment options for patients with type 2 diabetes."

Fosun International Received HSI ESG Rating of AA- for Two Consecutive Years

Retrieved on: 
Tuesday, September 10, 2024

HONG KONG, Sept. 9, 2024 /PRNewswire/ -- Hang Seng Indexes Company recently announced its latest Sustainability Ratings of listed companies. Fosun International Limited (HKEX stock code: 00656, "Fosun International") with its outstanding sustainability performance, has received its rating of AA- for two consecutive years, reflecting the high recognition of Fosun International's performance in the ESG (Environmental, Social, and Governance) field by the market.

Key Points: 
  • Fosun International Limited (HKEX stock code: 00656, "Fosun International") with its outstanding sustainability performance, has received its rating of AA- for two consecutive years, reflecting the high recognition of Fosun International's performance in the ESG (Environmental, Social, and Governance) field by the market.
  • Fosun International has also been selected as a constituent stock of the Hang Seng Corporate Sustainability Benchmark Index for five consecutive years.
  • Presently, Fosun International is the only conglomerate in Greater China rated AA by MSCI ESG Ratings.
  • Fosun International was also ranked top 1% in S&P Global's Sustainability Yearbook 2024 (China Edition) and recognized as an "Industry Mover".

Taylor Bennett and Birchwood Knight merge to create new international search firm leader, Taylor Birchwood

Retrieved on: 
Monday, September 9, 2024

Together with its global network of partners – Heyman Associates in North America, Barber Search in Asia and GK Consulting in Germany – Taylor Birchwood provides insight and access to exceptional talent around the world.

Key Points: 
  • Together with its global network of partners – Heyman Associates in North America, Barber Search in Asia and GK Consulting in Germany – Taylor Birchwood provides insight and access to exceptional talent around the world.
  • Wayne Reynolds, Founder and Managing Partner, Taylor Birchwood said, "Taylor Bennett set the standard for others to aspire to when I launched Birchwood Knight in 2009 and the firm has gone from strength to strength under Matt's leadership.
  • Tori Cowley, Chair, Taylor Birchwood said, "In a complex world, perception is everything and reputation matters.
  • Taylor Birchwood are specialists, offering executive search for permanent and interim roles in the UK and globally.

Taylor Bennett and Birchwood Knight merge to create new international search firm leader, Taylor Birchwood

Retrieved on: 
Monday, September 9, 2024

Together with its global network of partners – Heyman Associates in North America, Barber Search in Asia and GK Consulting in Germany – Taylor Birchwood provides insight and access to exceptional talent around the world.

Key Points: 
  • Together with its global network of partners – Heyman Associates in North America, Barber Search in Asia and GK Consulting in Germany – Taylor Birchwood provides insight and access to exceptional talent around the world.
  • Wayne Reynolds, Founder and Managing Partner, Taylor Birchwood said, "Taylor Bennett set the standard for others to aspire to when I launched Birchwood Knight in 2009 and the firm has gone from strength to strength under Matt's leadership.
  • Tori Cowley, Chair, Taylor Birchwood said, "In a complex world, perception is everything and reputation matters.
  • Taylor Birchwood are specialists, offering executive search for permanent and interim roles in the UK and globally.

NIP Group Inc. Enters Game Publishing Market, Expanding Digital Entertainment Ecosystem

Retrieved on: 
Monday, September 9, 2024

SHENZHEN, China, Sept. 09, 2024 (GLOBE NEWSWIRE) -- NIP Group Inc. (NASDAQ: NIPG) (the “Company” or “NIP Group”), a leading digital entertainment company, today announced that it has established a dedicated game publishing division. This strategic move marks a significant expansion of NIP Group's digital entertainment ecosystem and leverages the Company's esports expertise to tap into the booming youth-driven gaming market.

Key Points: 
  • SHENZHEN, China, Sept. 09, 2024 (GLOBE NEWSWIRE) -- NIP Group Inc. (NASDAQ: NIPG) (the “Company” or “NIP Group”), a leading digital entertainment company, today announced that it has established a dedicated game publishing division.
  • NIP Group's game publishing strategy will be multifaceted, focusing on esports-oriented titles, as well as exploring opportunities in various game categories.
  • Mario Ho, Chairman and Co-CEO of NIP Group, shared his enthusiasm, “Our entry into game publishing marks an exciting milestone for NIP Group.
  • NIP Group’s entry into the game publishing industry underscores its strategic ambition to create a fully integrated digital entertainment ecosystem.

High Growth, High Dividends, High Potential: China Hongqiao (01378.HK) Achieves Leapfrog Development in H1 2024

Retrieved on: 
Thursday, September 5, 2024

In the first half of the year, China Hongqiao achieved a revenue of RMB 73.592 billion, representing a 12.0% year-on-year increase.

Key Points: 
  • In the first half of the year, China Hongqiao achieved a revenue of RMB 73.592 billion, representing a 12.0% year-on-year increase.
  • The net profit excluding extraordinary profit and loss was RMB 10.77 billion, representing a substantial year-on-year increase of 352.68%.
  • In addition to the growth in revenue and net profit, China Hongqiao also saw a significant increase in gross profit and gross profit margin.
  • As China Hongqiao continues to enhance its industrial chain, it is also proactively expanding into international markets.

H World Group Limited Announces Change of Chief Financial Officer

Retrieved on: 
Tuesday, September 3, 2024

Ms. Hui Chen, the chief compliance officer of the Company, has been appointed as the chief financial officer of the Company, effective on September 4, 2024.

Key Points: 
  • Ms. Hui Chen, the chief compliance officer of the Company, has been appointed as the chief financial officer of the Company, effective on September 4, 2024.
  • From 2014 to early 2016, Ms. Chen served as H World’s executive vice president of finance responsible for internal financial management and then chief financial officer.
  • From March 2018 to February 2020, she was the chief financial officer of Cjia Group Limited, H World’s affiliate company which primarily engages in providing apartment services.
  • She then served as the chief financial officer of H World from May 2021 to December 2022 and the chief compliance officer since December 2022.

NIO Inc. Provides August 2024 Delivery Update

Retrieved on: 
Sunday, September 1, 2024

NIO delivered 128,100 vehicles year-to-date in 2024, increasing by 35.8% year-over-year

Key Points: 
  • NIO delivered 128,100 vehicles year-to-date in 2024, increasing by 35.8% year-over-year
    Cumulative deliveries of NIO vehicles reached 577,694 as of August 31, 2024
    SHANGHAI, Sept. 01, 2024 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the global smart electric vehicle market, today announced its August 2024 delivery results.
  • NIO delivered 20,176 vehicles in August 2024.
  • The deliveries consisted of 11,923 premium smart electric SUVs, and 8,253 premium smart electric sedans.
  • Cumulative deliveries of NIO vehicles reached 577,694 as of August 31, 2024.

XPENG Announces Vehicle Delivery Results for August 2024

Retrieved on: 
Sunday, September 1, 2024

GUANGZHOU, China, Sept. 01, 2024 (GLOBE NEWSWIRE) -- XPeng Inc. (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company, today announced its vehicle delivery results for August 2024.

Key Points: 
  • GUANGZHOU, China, Sept. 01, 2024 (GLOBE NEWSWIRE) -- XPeng Inc. (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company, today announced its vehicle delivery results for August 2024.
  • XPENG delivered 14,036 Smart EVs in August, representing increases of 3% year-over-year and 26% over the prior month.
  • In the first eight months of 2024, XPENG delivered 77,209 Smart EVs, a 17% increase from the same period last year.
  • During the event, XPENG also announced its new goal for the next ten years: to become a global AI-defined automotive company.

Fosun Pursues Solid Business Development with Predictable Profit

Retrieved on: 
Friday, August 30, 2024

Industrial operation profit maintained growth, reaching RMB3.47 billion, and profit attributable to owners of the parent was RMB720 million.

Key Points: 
  • Industrial operation profit maintained growth, reaching RMB3.47 billion, and profit attributable to owners of the parent was RMB720 million.
  • Fosun steadfastly pushed forward its strategic focus, driving development with core strengths, achieving quality and efficiency improvement in core industries, and maintaining a solid asset base.
  • Additionally, over the past two years, Fosun has actively pursued asset-light operations, optimized asset portfolio, and continued to reduce leverage.
  • Fosun aims to build a consumer group centered on core industries, ensuring more predictable business development and profits.