HKD | Jotup

Li Ning Company Continued to Pursue the Core Strategy of "Single Brand, Multi-Categories, Diversified Channels", Focused on Core Categories to Achieve Stable Development

Retrieved on:

Wednesday, March 20, 2024

Automation, Li-Ning, POS, Culture, Benchmarking, Joint, Sport, Growth, Motivation, Communication, RMB, Omnichannel, Research, Running, Multi, Investment, Creativity, Safety, HKD, Basketball, Marketing, Football, Hand, Retail

In 2023, the Group continued to focus the core strategy of "Single Brand, Multi-categories, Diversified Channels" with a focus on professional sports in the five core categories, namely basketball, running, fitness, badminton, and sports casual.

Key Points:

In 2023, the Group continued to focus the core strategy of "Single Brand, Multi-categories, Diversified Channels" with a focus on professional sports in the five core categories, namely basketball, running, fitness, badminton, and sports casual.
Through its efforts dedicated to brand reputation and product innovation, the Group has developed a comprehensive layout of functional products.
In 2023, the Group continued to focus on the core strategy of "Single Brand, Multi-categories, Diversified Channels" and optimized LI-NING's experience value continuously.
The Group focused on building the competitive advantages of products from its core categories.

UP Fintech Holding Limited’s Hong Kong Subsidiary Receives SFC Approval on Type 9 License to Provide Asset Management Services

Retrieved on:

Wednesday, March 27, 2024

HKD, Securities and Futures Commission, USD, Ford Type 9 transmission, SFC, Security (finance)

Mr. Yang Xu, the Head of Wealth Management business, stated that TBHK’s asset management services will feature a seasoned investment team adept in tactical asset allocation and long-term value investing, crafting bespoke asset allocation strategies for discretionary account retail clients, complemented by a user-friendly platform interface to facilitate wealth accumulation.

Key Points:

Mr. Yang Xu, the Head of Wealth Management business, stated that TBHK’s asset management services will feature a seasoned investment team adept in tactical asset allocation and long-term value investing, crafting bespoke asset allocation strategies for discretionary account retail clients, complemented by a user-friendly platform interface to facilitate wealth accumulation.
Additionally, TBHK’s asset management team will provide comprehensive services for Hong Kong investment immigration, along with tailored investment strategies for managed accounts, and is set to offer a multifaceted fund service infrastructure in the future.
Over the past year since entering Hong Kong market, TBHK has garnered popularity among Hong Kong users with its optimized product offerings and one of the most competitive pricing.
We are also one of the few brokers that offers recurring investment and fractional shares trading feature for both U.S. and Hong Kong shares.

AM Best Affirms Credit Ratings of CMB Wing Lung Insurance Company Limited

Retrieved on:

Friday, April 5, 2024

Insurance, Professional Services, CMB, ERM, Growth, Risk management, CMG, Communication, Risk, ALL, News, Bank statement, Credit, CMI, AM Best, HKD

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of CMB Wing Lung Insurance Company Limited (CMBWLI) (Hong Kong).

Key Points:

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of CMB Wing Lung Insurance Company Limited (CMBWLI) (Hong Kong).
As such, AM Best identifies China Merchants Group Limited (CMG), a state-owned enterprise that wholly owns CMIH, as the ultimate parent of CMBWLI.
For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings .
For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

Alibaba Group Cainiao IPO Update and Share Purchase Offer Conference Call

Retrieved on:

Tuesday, March 26, 2024

Online Retail, Retail, Technology, Other Technology, Software, Internet, Webcast, Taobao, HKD, RMB, BABA, Alibaba Group, HKEX

Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter), “Alibaba” or “Alibaba Group”) announced that its logistics subsidiary Cainiao Smart Logistics Network Limited (“Cainiao”) has withdrawn its initial public offering and listing application on the Hong Kong Stock Exchange.

Key Points:

Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter), “Alibaba” or “Alibaba Group”) announced that its logistics subsidiary Cainiao Smart Logistics Network Limited (“Cainiao”) has withdrawn its initial public offering and listing application on the Hong Kong Stock Exchange.
At the same time, Alibaba Group plans to offer to minority shareholders of Cainiao (including employees) an opportunity to sell all of the outstanding shares of Cainiao held by them to Alibaba Group for US$0.62 per share, representing a total consideration of up to US$3.75 billion (the “Offer”).
Cainiao shareholders may choose to accept the Offer and sell their shares to Alibaba Group for cash consideration or continue to own Cainiao shares.
Alibaba Group owns approximately 63.7% of the fully-diluted equity interest in Cainiao (including vested equity interests under Cainiao’s employee share ownership plan).

CNOOC Limited Released the 2023 Environmental, Social and Governance Report

Retrieved on:

Tuesday, April 2, 2024

HONG KONG, April 2, 2024 /PRNewswire/ -- CNOOC Limited ("the Company", SEHK: 00883 (HKD counter) and 80883 (RMB counter), SSE: 600938) released its 2023 Environmental, Social and Governance (ESG) Report in Hong Kong today.

Key Points:

HONG KONG, April 2, 2024 /PRNewswire/ -- CNOOC Limited ("the Company", SEHK: 00883 (HKD counter) and 80883 (RMB counter), SSE: 600938) released its 2023 Environmental, Social and Governance (ESG) Report in Hong Kong today.
CNOOC Limited positions ESG report as an important carrier for disclosing compliance information, strengthening sustainable development, and improving communication among stakeholders.
CNOOC Limited continues to reinforce corporate governance, tightens risk management and control, and further consolidates the foundation for sustainable development.
CNOOC Limited actively fulfills its corporate responsibility, expands its social contributions, and shares the fruits of development with all stakeholders.

Baidu, Inc. Files Its Annual Report on Form 20-F

Retrieved on:

Monday, March 18, 2024

Annual report, Republic, RMB, BIDU, Form, Stock exchange, AI, Security (finance), ADS, Bank statement, HKEX, HKD, Cryptocurrency

The Form 20-F can be accessed on the Company's investor relations website at https://ir.baidu.com .

Key Points:

The Form 20-F can be accessed on the Company's investor relations website at https://ir.baidu.com .
The Company will provide a hard copy of the Form 20-F containing the audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request.
The Company also published an annual report for the year ended December 31, 2023 (the "Hong Kong Annual Report") on March 15, 2024 pursuant to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "HKEx").
The Hong Kong Annual Report contains substantially the same information as set forth in the Form 20-F and can be accessed on the Company's investor relations website at https://ir.baidu.com as well as the HKEx's website at http://www.hkexnews.hk .

JD.com to Report Fourth Quarter and Full Year 2023 Financial Results on March 6, 2024

Retrieved on:

Thursday, February 22, 2024

HKEX, Eastern Time Zone, HKD, Password, RMB, ID, PIN, JD.com, JD, Video game

BEIJING, Feb. 22, 2024 (GLOBE NEWSWIRE) -- JD.com, Inc. (NASDAQ: JD and HKEX: 9618 (HKD counter) and 89618 (RMB counter)), a leading supply chain-based technology and service provider, today announced that it plans to release its unaudited fourth quarter and full year 2023 financial results on Wednesday, March 6, 2024, before the U.S. market opens.

Key Points:

BEIJING, Feb. 22, 2024 (GLOBE NEWSWIRE) -- JD.com, Inc. (NASDAQ: JD and HKEX: 9618 (HKD counter) and 89618 (RMB counter)), a leading supply chain-based technology and service provider, today announced that it plans to release its unaudited fourth quarter and full year 2023 financial results on Wednesday, March 6, 2024, before the U.S. market opens.
JD.com’s management will hold a conference call at 7:00 am, Eastern Time on March 6, 2024, (8:00 pm, Beijing/Hong Kong Time on March 6, 2024) to discuss the fourth quarter and full year 2023 financial results.
You will be automatically linked to the live call after completion of this process, unless required to provide the conference ID below due to regional restrictions.
A telephone replay will be available for one week until March 13, 2024.

HKUST Introduces Asia's First "AI Lecturers" in Class to Promote Teaching Innovation

Retrieved on:

Friday, March 8, 2024

HONG KONG, March 8, 2024 /PRNewswire/ -- Following the birth of "AI singers" and "AI weather presenters", adding to the ever-expanding AI (Artificial Intelligence) family is the inaugural cohort of "AI Lecturers" created by The Hong Kong University of Science and Technology (HKUST) through the utilization of AI-generative tools.

Key Points:

The University aspires for this fresh wave of AI teachers and dynamic teaching method to amplify students' motivation and engagement in their learning process.
In the long run, the University aims to develop a personalized AI classroom that considers each student's interests and preferences, leading the way for a new era of teaching innovation.
Another notable addition to the AI teaching team is the late scientist Albert Einstein, who has been "resurrected" through the use of AI technology.
To understand the impact of "AI lecturers" on learning motivation, teaching effectiveness and student performance, the team has been collecting student feedback after each class.

HKUST Introduces Asia's First "AI Lecturers" in Class to Promote Teaching Innovation

Retrieved on:

Friday, March 8, 2024

HONG KONG, March 8, 2024 /PRNewswire/ -- Following the birth of "AI singers" and "AI weather presenters", adding to the ever-expanding AI (Artificial Intelligence) family is the inaugural cohort of "AI Lecturers" created by The Hong Kong University of Science and Technology (HKUST) through the utilization of AI-generative tools.

Key Points:

The University aspires for this fresh wave of AI teachers and dynamic teaching method to amplify students' motivation and engagement in their learning process.
In the long run, the University aims to develop a personalized AI classroom that considers each student's interests and preferences, leading the way for a new era of teaching innovation.
Another notable addition to the AI teaching team is the late scientist Albert Einstein, who has been "resurrected" through the use of AI technology.
To understand the impact of "AI lecturers" on learning motivation, teaching effectiveness and student performance, the team has been collecting student feedback after each class.

CNOOC Limited Announces A Hundred-Million-Ton Oilfield Discovery of Kaiping South in South China Sea

Retrieved on:

Thursday, March 7, 2024

RMB, HKD, Natural gas, Growth, Perception, Climate change, Water, Insurance, CNOOC Limited, Audit

The Kaiping South Oilfield is located in the eastern South China Sea, with an average water depth of approximately 500 meters.

Key Points:

The Kaiping South Oilfield is located in the eastern South China Sea, with an average water depth of approximately 500 meters.
Through continued exploration, the proved in-place volume of Kaiping South Oilfield has reached 102 million tons of oil equivalent.
The discovery fully demonstrates the broad prospects for exploration in deep-water South China Sea and further expands the resource base for the Company's high-quality development."
The Company remains committed to oil and gas resources exploration and development in the South China Sea, thereby continuously enhancing its energy supply capacity."