HK

Opening Ceremony of Modern Dental Group, ACESO Production Base Successfully Held in Vietnam

Retrieved on: 
Wednesday, April 10, 2024

Opening Ceremony of Modern Dental Group, ACESO Production Base Successfully Held in Vietnam

Key Points: 
  • Opening Ceremony of Modern Dental Group, ACESO Production Base Successfully Held in Vietnam
    (28 March 2024, Hong Kong) - Modern Dental Group Limited (hereinafter referred to as "Modern Dental" or "the Group", stock code: 03600.
  • HK), a leading global dental prosthetic device provider, successfully held the grand opening ceremony for ACESO production base in Dong Nai, Vietnam today.
  • Modern Dental Group is committed to ensuring efficient and high-quality production to meet the customers’ demands and support continuous expansion.
  • The opening of ACESO production base in Vietnam will significantly empower the core production capabilities and efficiency of the Group, driving vigorous development of new quality productive forces and solidifying the Group’s leading position in dentistry.

Airdoc Technology Unveils 2023 Financial Highlights, Revenue by 79%, Serving 6.83 Million cases

Retrieved on: 
Wednesday, April 10, 2024

Airdoc Technology Unveils 2023 Financial Highlights, Revenue by 79%, Serving 6.83 Million cases

Key Points: 
  • Airdoc Technology Unveils 2023 Financial Highlights, Revenue by 79%, Serving 6.83 Million cases
    On March 27, medical artificial intelligence company Airdoc Technology (2251.
  • In 2023, through our SaMDs and health risk assessment solutions, we serviced a total of 6.83 million cases and identified 31,459 significant positive cases.
  • In 2023, Airdoc Medical broadened its reach to include hospitals, grassroots medical institutions such as community clinics, and health examination centers.
  • In June 2023, Airdoc, in collaboration with Tsinghua University's Chang Gung Hospital, developed and validated a new deep learning-based neovascular segmentation model.

Unlocking the Potential of AI and Blockchain Fusion: Gate.io and AWS Co-Host Hong Kong Web3 Festival Side Event

Retrieved on: 
Tuesday, April 9, 2024

The opening panel discussion, 'HK's Crypto Challenge: Regulation in Blockchain,' moderated by April Zheng, Associate Director of Financial Risk Management at KPMG, explored diverse opinions, insights, and expectations for Hong Kong's evolving digital asset regulatory environment.

Key Points: 
  • The opening panel discussion, 'HK's Crypto Challenge: Regulation in Blockchain,' moderated by April Zheng, Associate Director of Financial Risk Management at KPMG, explored diverse opinions, insights, and expectations for Hong Kong's evolving digital asset regulatory environment.
  • Panel members included Edwin Cheung, Head of Business Development at Gate.HK; Alvin Kwock, Founder of One Degree; Kang Li, Chief Security Officer at CertiK; along with Sean Lee, Senior Advisor at Crypto Council for Innovation.
  • During a keynote, Amazon's Head of Product for Blockchain Services, John Liu, shared his vision of how Web3 and generative AI can form a symbiotic relationship, driving innovation and benefiting users and builders.
  • He emphasized Web3's potential to address concerns around trust and transparency in generative AI and the potential of both technologies to create new opportunities for growth.

Cinese International Announces 2023 Annual Results

Retrieved on: 
Wednesday, March 27, 2024

HONG KONG, Mar 27, 2024 - (ACN Newswire) - Air ticket distributor, travel business process management services provider and travel products services provider Cinese International Group Holdings Limited ("Cinese International", collectively with its subsidiaries, the "Group"; stock code: 1620) has announced its annual results for the year ended 31 December 2023.

Key Points: 
  • HONG KONG, Mar 27, 2024 - (ACN Newswire) - Air ticket distributor, travel business process management services provider and travel products services provider Cinese International Group Holdings Limited ("Cinese International", collectively with its subsidiaries, the "Group"; stock code: 1620) has announced its annual results for the year ended 31 December 2023.
  • The Group recorded a total revenue of approximately HK$103.5 million for the year ended 31 December 2023 (2022: HK$45.8 million).
  • Gross profit increased by approximately 96.4% year-on-year to approximately HK$44.2 million in 2023 (2022: HK$22.5 million); overall Gross profit margin was 42.7%.
  • Ms. Mariana Kou, Chairperson and Executive Director of Cinese International, said, "The Group has resumed providing package tours in the first quarter of 2023.

Nissin Foods Announces 2023 Annual Results, Net Profit Up 5.6% to HK$330.2 Million

Retrieved on: 
Tuesday, March 26, 2024

Gross profit was HK$1,303.1 million, with gross profit margin increased by 2.0 percentage points to 34.0% in 2023 from 32.0% (restated) in 2022.

Key Points: 
  • Gross profit was HK$1,303.1 million, with gross profit margin increased by 2.0 percentage points to 34.0% in 2023 from 32.0% (restated) in 2022.
  • Profit attributable to owners of the Company increased by 5.6% year-on-year to HK$330.2 million, improving the net profit margin from 7.7% (restated) in 2022 to 8.6%.
  • The financial position of the Group remained healthy, with net cash of approximately HK$1,310.4 million and HK$820.0 million in available banking facilities as at 31 December 2023.
  • Nissin Foods will continue to strengthen its overall competitiveness based on a well-diversified product portfolio and the premiumisation strategy.

Newborn Town Announces 2023 Annual Results with a YoY Increase of Nearly 300% in Profit

Retrieved on: 
Friday, March 22, 2024

HK), one of the frontrunners of the global social networking and entertainment industry, announced its 2023 annual results on March 21st.

Key Points: 
  • HK), one of the frontrunners of the global social networking and entertainment industry, announced its 2023 annual results on March 21st.
  • The profit attributable to equity shareholders of the company reached RMB513 million, representing a 294% YoY growth.
  • These efforts have led to an over 2x YoY increase in revenue and an over 6x YoY rise in profit.
  • In 2023, Newborn Town officially consolidated the 'diverse-audience social networking business' to start a new chapter exploring this realm.

Gate.io Participated In The 2024 Hong Kong Web3 Festival Along With Other Industry Leaders

Retrieved on: 
Saturday, April 6, 2024

PANAMA CITY, April 6, 2024 /PRNewswire/ -- From April 6th to April 9th, Gate.io actively participated in the 2024 Hong Kong Web3 Festival held at Hall3FG of the Hong Kong Convention and Exhibition Centre.

Key Points: 
  • PANAMA CITY, April 6, 2024 /PRNewswire/ -- From April 6th to April 9th, Gate.io actively participated in the 2024 Hong Kong Web3 Festival held at Hall3FG of the Hong Kong Convention and Exhibition Centre.
  • The first day of the 2024 Hong Kong Web3 Festival welcomed thousands of Web3 enthusiasts and thought leaders from around the world.
  • Gate.io 's booth at the festival was a resounding success, showcasing its leading Web3 ecosystem and highlighting advancements in security and compliance.
  • Gate.io 's active involvement in the Hong Kong Web3 Festival underscores its commitment to engaging with industry leaders and nurturing the growth of Web3.

UP Fintech Holding Limited Reports Unaudited Fourth Quarter And Full Year 2023 Financial Results

Retrieved on: 
Wednesday, March 20, 2024

For the fourth quarter of 2023, the Company’s weighted average number of ADSs used in calculating non-GAAP net income per ADS – diluted was 157,931,785.

Key Points: 
  • For the fourth quarter of 2023, the Company’s weighted average number of ADSs used in calculating non-GAAP net income per ADS – diluted was 157,931,785.
  • Further, these non-GAAP financial measures may differ from the non-GAAP financial information used by other companies, including peer companies, and therefore their comparability may be limited.
  • Investors are encouraged to review these historical non-GAAP financial measures in light of the most directly comparable GAAP measures.
  • We encourage investors and others to review our financial information in its entirety and not rely on a single financial measure.

Futu Announces Fourth Quarter and Full Year 2023 Unaudited Financial Results

Retrieved on: 
Thursday, March 14, 2024

HONG KONG, March 14, 2024 (GLOBE NEWSWIRE) -- Futu Holdings Limited (“Futu” or the “Company”) (Nasdaq: FUTU), a leading tech-driven online brokerage and wealth management platform, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • HONG KONG, March 14, 2024 (GLOBE NEWSWIRE) -- Futu Holdings Limited (“Futu” or the “Company”) (Nasdaq: FUTU), a leading tech-driven online brokerage and wealth management platform, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2023.
  • Daily average client assets were HK$470.3 billion in the fourth quarter of 2023, an increase of 22.8% from the same period in 2022.
  • Daily average revenue trades (DARTs)4 in the fourth quarter of 2023 declined 22.2% year-over-year to 369,729.
  • Brokerage commission and handling charge income was HK$904.0 million (US$115.7 million), a decrease of 13.8% from the fourth quarter of 2022.

UP Fintech: Client Assets Hit Record High, Over 75% from Clients in Markets such as SG; 2023 Net Income Surged by 237%

Retrieved on: 
Wednesday, March 20, 2024

In 2023, the company added 123,110 funded accounts, mainly from markets outside the Chinese mainland, surpassing annual guidance of 100,000.

Key Points: 
  • In 2023, the company added 123,110 funded accounts, mainly from markets outside the Chinese mainland, surpassing annual guidance of 100,000.
  • This drove a quarter-over-quarter increase of 62.1% and a year-over-year increase of 118.5% in total client assets, reaching US$30.6 billion.
  • Our global funded clients and assets have surged over tenfold, with revenue nearly quadrupling and net incomes compounding at a rate of 72%.
  • In 2023, UponeShare added 116 new corporate clients, bringing the total number of serviced corporate clients to 535.