HK

Video Industry is Set for Greater Growth as Opportunities Abound Beyond Traditional TV in Asia

Retrieved on: 
Tuesday, June 27, 2023

Hosted by the Asia Video Industry Association (AVIA), the Summit conversations centred around the key themes of "The Making of Korea and the Model for Who's Next?

Key Points: 
  • Hosted by the Asia Video Industry Association (AVIA), the Summit conversations centred around the key themes of "The Making of Korea and the Model for Who's Next?
  • While recognising there are many important and challenging issues evolving in the industry, the mood was upbeat across the two-day summit.
  • Gaming and e-commerce were seen as additional touchpoints and opportunities for cross-pollination with video to grow the consumer base.
  • Closing off the Summit with a positive outlook, Alexandre Muller, MD APAC, TV5MONDE, said that Asia was where there were growth and opportunities for the video industry.

YSB Inc. Global Offering

Retrieved on: 
Thursday, June 15, 2023

HONG KONG, June 15, 2023 - (ACN Newswire) - YSB Inc. (the "Company"; Stock code: 9885) announced the details of its global offering (the "Global Offering") and its proposed listing on the Main Board of The Stock Exchange of Hong Kong Limited (the "Stock Exchange").

Key Points: 
  • HONG KONG, June 15, 2023 - (ACN Newswire) - YSB Inc. (the "Company"; Stock code: 9885) announced the details of its global offering (the "Global Offering") and its proposed listing on the Main Board of The Stock Exchange of Hong Kong Limited (the "Stock Exchange").
  • Highlights of the Global Offering:
    -- Number of Offer Shares under the Global Offering: 15,808,800 Shares (subject to the Over-allotment Option).
  • Assuming that the Over-allotment Option is not exercised, after deducting the underwriting commissions and other estimated offering expenses payable by us in connection with the Global Offering, and assuming an Offer Price of HK$21.00 per Share (being the mid-point of the Offer Price), the Company estimates that it will receive gross proceeds of approximately HK$332.0 million from the Global Offering, and net proceeds of approximately HK$253.6 million from the Global Offering.
  • The Cornerstone Placing will form part of the International Offering, and Cornerstone Investor will not acquire any Offer Shares under the Global Offering (other than pursuant to the Cornerstone Investment Agreement).

Chic Hong Kong Grand Opening at COCO Park Shenzhen

Retrieved on: 
Friday, May 26, 2023

Jointly hosted by the Hong Kong Trade Development Council (HKTDC) and the Shenzhen Municipal People's Government, and held at the COCO Park shopping mall in Shenzhen's Futian District, the event is the first large-scale promotion of Hong Kong consumer goods in the GBA following the complete lifting of border-crossing restrictions.

Key Points: 
  • Jointly hosted by the Hong Kong Trade Development Council (HKTDC) and the Shenzhen Municipal People's Government, and held at the COCO Park shopping mall in Shenzhen's Futian District, the event is the first large-scale promotion of Hong Kong consumer goods in the GBA following the complete lifting of border-crossing restrictions.
  • The event is organized by HKTDC GBA Centre, China Council for the Promotion of International Trade Shenzhen Municipal Committee, Commerce Bureau of Shenzhen Municipality, and The People's Government of Futian District, with the support of Cyberspace Administration of Shenzhen Municipality, PRD Council of Federation of Hong Kong Industries, Hong Kong Chamber of Commerce in Guangdong, Hong Kong Chamber of Commerce Qianhai, and GBA-IDA.
  • The Chic Hong Kong shopping festival comprises three themed exhibition areas: Chic Living, Chic Style, and Chic Taste.
  • Sponsored by Create Hong Kong of the Hong Kong SAR Government, the exhibition will feature 13 emerging Hong Kong designers and over 20 exceptional or award-winning products to emphasise the strengths and benefits the city's design and creative industries can offer.

Healthcare Week boon for medical industry

Retrieved on: 
Thursday, May 18, 2023

Two flagship events attract global healthcare elites, affirming confidence for Hong Kong's stronger role in the medical and healthcare sector in the region

Key Points: 
  • Two flagship events attract global healthcare elites, affirming confidence for Hong Kong's stronger role in the medical and healthcare sector in the region
    HONG KONG, May 18, 2023 - (ACN Newswire) - Global healthcare sector leaders streamed into Hong Kong for the second International Healthcare Week, organised by the Hong Kong Trade Development Council (HKTDC).
  • "The strong support from the healthcare industry for the Healthcare Week is overwhelming.
  • It has created synergies for medical and healthcare industry professionals and unleashed Hong Kong's strengths in upstream and downstream healthcare industries, Hong Kong is ready to play a bigger role in the medical and healthcare fields in the region," Dr Lam added.
  • A number of content-rich events, including the highly anticipated HKMHDIA Medical Fair Forum, were held during the Medical Fair with keen participation from industry professionals.

Mario Ho, the Chairman of NIP Group, was named one of Fortune China's 40 Under 40 Business Elites

Retrieved on: 
Wednesday, August 9, 2023

BEIJING, Aug. 9, 2023 /PRNewswire/ -- On July 18th, Mario Ho, the Chairman and Co-CEO of NIP Group, was named Fortune China's 40 Under 40 business elites for 2023 as the youngest entrepreneur this year.

Key Points: 
  • BEIJING, Aug. 9, 2023 /PRNewswire/ -- On July 18th, Mario Ho, the Chairman and Co-CEO of NIP Group, was named Fortune China's 40 Under 40 business elites for 2023 as the youngest entrepreneur this year.
  • The business elites featured on the list are the pioneers of their industry and the times.
  • Mario Ho, the Chairman of NIP Group, is among the new generation of Chinese entrepreneurs, exuding the energy and courage of a dynamic leader.
  • After the merger, the combined entity is now known as NIP Group, with Mario Ho assuming the role of Chairman and co-CEO.

NaaS CEO named on Fortune “Top 40 Under 40 Business Elites in China” list

Retrieved on: 
Monday, July 24, 2023

New York, July 24, 2023 (GLOBE NEWSWIRE) -- On July 18, Fortune published its annual "Top 40 Under 40 Business Elites in China" for 2023, which included Miss Wang Yang, the founder and CEO of NaaS (NASDAQ: NAAS).

Key Points: 
  • New York, July 24, 2023 (GLOBE NEWSWIRE) -- On July 18, Fortune published its annual "Top 40 Under 40 Business Elites in China" for 2023, which included Miss Wang Yang, the founder and CEO of NaaS (NASDAQ: NAAS).
  • Miss Wang was the sole representative from the renewable energy service sector to make it to the list.
  • "As a young business leader, she embodies a profound understanding of her industry and exhibits astute business insights.
  • Since its launch in 2011, Fortune's "Top 40 Under 40 Business Elites in China" list has highlighted China's most exceptional young innovators, value creators, and trendsetters.

Parisi Industrial Company (HK), Ltd. Becomes Exclusive Distributor of Innovative Janitorial Products in the USA

Retrieved on: 
Saturday, July 22, 2023

OCEANSIDE, N.Y., July 22, 2023 /PRNewswire-PRWeb/ -- Parisi Industrial Company (HK), Ltd. is proud to announce its new role as the exclusive distributor of cutting-edge janitorial products throughout the United States. With a longstanding presence in Hong Kong and backed by the reputable GoodMark Group, we offer top-quality cleaning and hygiene solutions to our valued customers.

Key Points: 
  • OCEANSIDE, N.Y., July 22, 2023 /PRNewswire-PRWeb/ -- Parisi Industrial Company (HK), Ltd. is proud to announce its new role as the exclusive distributor of cutting-edge janitorial products throughout the United States.
  • Our partnership with GoodMark, a leading injection molder in China, enables us to bring their highly popular plastic line of products to the US market.
  • As the representative for this joint venture in the USA, Parisi Industrial is committed to offering customers creative and advanced janitorial solutions, expanding our product portfolio.
  • Thank you for choosing Parisi Industrial Company (HK), Ltd. as your trusted partner for janitorial solutions.

NaaS CEO named on Forbes “Top 40 Under 40 Business Elites in China” list

Retrieved on: 
Tuesday, July 18, 2023

New York, July 18, 2023 (GLOBE NEWSWIRE) -- On July 18, Fortune business media published its annual "Top 40 Under 40 Business Elites in China" for 2023, which included Miss Wang Yang, the founder and CEO of NaaS (NASDAQ: NAAS).

Key Points: 
  • New York, July 18, 2023 (GLOBE NEWSWIRE) -- On July 18, Fortune business media published its annual "Top 40 Under 40 Business Elites in China" for 2023, which included Miss Wang Yang, the founder and CEO of NaaS (NASDAQ: NAAS).
  • Miss Wang was the sole representative from the renewable energy service sector to make it to the list.
  • "As a young business leader, she embodies a profound understanding of her industry and exhibits astute business insights.
  • Since its launch in 2011, Fortune's "Top 40 Under 40 Business Elites in China" list has highlighted China's most exceptional young innovators, value creators, and trendsetters.

HUTCHMED Announces Changes to Board of Directors and Technical Committee 

Retrieved on: 
Thursday, July 13, 2023

The Board of Directors of HUTCHMED (the “Board”) is of the view that the appointment of Ms Yang would provide significant benefits to HUTCHMED taking into consideration her experience in biotechnology company management, business strategy, capital markets and mergers and acquisitions.

Key Points: 
  • The Board of Directors of HUTCHMED (the “Board”) is of the view that the appointment of Ms Yang would provide significant benefits to HUTCHMED taking into consideration her experience in biotechnology company management, business strategy, capital markets and mergers and acquisitions.
  • Carlyle owns approximately 4.7% of the ordinary shares of HUTCHMED, through its affiliate CA Fern Parent.
  • Save for her role with Carlyle, she does not have any relationship with any Directors, senior management or substantial or controlling shareholders of HUTCHMED.
  • Mr Simon To, Chairman of HUTCHMED, said: “The Board warmly welcomes the appointment of Professor Peters as Special Advisor to the Technical Committee, and looks forward to working with her.

Chow Tai Fook Jewellery Delivers Growth in Same Store Sales and Retail Sales Value in First Quarter FY2024

Retrieved on: 
Monday, July 10, 2023

(2) “Same Store Sales” for the First Quarter is the RSV from the self-operated POS of CHOW TAI FOOK JEWELLERY existing as at 30 June 2023 and which have been opened prior to 1 April 2022.

Key Points: 
  • (2) “Same Store Sales” for the First Quarter is the RSV from the self-operated POS of CHOW TAI FOOK JEWELLERY existing as at 30 June 2023 and which have been opened prior to 1 April 2022.
  • (Hong Kong, China, 10 July 2023) Chow Tai Fook Jewellery Group Limited (“Chow Tai Fook Jewellery Group”, the “Group” or the “Company”; SEHK stock code: 1929), today announces unaudited key operational data of the Group for the three months ended 30 June 2023 (the “First Quarter”, or the “Quarter” or “1QFY2024”).
  • Same Store Sales (“SSS”) in the Mainland recorded positive growth of 8.5%.
  • In the Mainland, the Same Store ASP of gem-set jewellery was benefitted from increased sales of higher ticketsize jewellery during the Quarter.