CNY

SOS Limited Reports 2023 Interim Financial Results

Retrieved on: 
Thursday, September 28, 2023

NEW YORK, Sept. 28, 2023 /PRNewswire/ -- SOS Limited ("SOS" or the "Company") (NYSE: SOS) today reports its 2023 Interim financial results from operations.

Key Points: 
  • During the first half of 2022, we were still relocating and building our cryptocurrency mining facilities in the US.
  • We recorded 179.32 units of ETH output and generated no BTC revenue for the period of six month ended June 30, 2022.
  • We generated 11.48 units of BTC and NIL unit of ETH output six months ended June 30, 2023.
  • GAAP Basic EPS was $(0.0031) per share, as compared to $(0.0046) per share in the prior year period.

HSBC UK partners with Nova Credit to become first UK bank to offer newcomers option to include international credit history when applying for a credit card

Retrieved on: 
Monday, September 18, 2023

“Opening a credit card and building credit is an important step when setting up life in a new country.

Key Points: 
  • “Opening a credit card and building credit is an important step when setting up life in a new country.
  • Access credit faster: leverage credit history built up overseas, using Nova Credit’s Nova Passport technology, to start a positive credit history in the UK on arrival.2
    3.
  • More information on HSBC UK’s international banking services: www.hsbc.co.uk/international/
    Images available: Screenshot of credit card application journey on mobile and image of an HSBC UK credit card.
  • International Credit Decisioning (ICD) has been available from March 2023 in the UK, enabling credit history transfer from 12 countries for HSBC UK credit card applications.

AM Best Affirms Credit Ratings of Ping An Health Insurance Company of China, Ltd.

Retrieved on: 
Friday, September 8, 2023

AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Ping An Health Insurance Company of China, Ltd. (Ping An Health) (China).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Ping An Health Insurance Company of China, Ltd. (Ping An Health) (China).
  • 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 .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry.

JA Solar H1 2023 Net Profit of 4.806 billion CNY, a YoY growth of 182.45%

Retrieved on: 
Tuesday, September 5, 2023

BEIJING, Sept. 5, 2023 /PRNewswire/ -- JA Solar reported outstanding results for the first half of 2023, shipping 23.95 GW of modules and generating revenue of 40.8 CNY billion and net profit of 4.8 CNY billion.

Key Points: 
  • BEIJING, Sept. 5, 2023 /PRNewswire/ -- JA Solar reported outstanding results for the first half of 2023, shipping 23.95 GW of modules and generating revenue of 40.8 CNY billion and net profit of 4.8 CNY billion.
  • Revenue grew 43.5% from the first half of 2022, while net profit attributable to shareholders increased 182%.
  • Total assets reached 87.9 billion CNY, with net assets attributable to shareholders of the listed company reaching 32.5 billion CNY.
  • In the first half of the year, JA Solar implemented a number of operational improvements that drove its success.

NewLink and NaaS Reach Strategic Partnership with CR Capital MGMT to Accelerate New Energy Infrastructure Development

Retrieved on: 
Friday, August 25, 2023

By expanding the scope of new energy business scenarios, this collaborative endeavor promises to invigorate green and low-carbon energy development.

Key Points: 
  • By expanding the scope of new energy business scenarios, this collaborative endeavor promises to invigorate green and low-carbon energy development.
  • Qin Feng, General Manager and CEO of CR Capital MGMT stated, “CR Capital MGMT upholds the mission to incubate emerging industries and support industrial development, actively exploring the investment and ecosystem construction of strategic emerging industries.
  • Wang Yang, Co-founder and President of NewLink, Founder and CEO of NaaS, praised CR Capital MGMT’s strategic vision in advancing renewable energy transformation and low-carbon evolution of the energy landscape.
  • “We expect to work with CR Capital MGMT to drive the digital and intelligent upgrade of energy infrastructure.

Guangdong Evergreen Conglomerate steals the limelight in Times Square with flavourful Guangdong Precooked Food

Retrieved on: 
Thursday, August 17, 2023

NEW YORK, Aug. 17, 2023 (GLOBE NEWSWIRE) -- In a recent display of Chinese culinary prowess, precooked food from Guangdong Province were showcased in New York's Times Square.

Key Points: 
  • NEW YORK, Aug. 17, 2023 (GLOBE NEWSWIRE) -- In a recent display of Chinese culinary prowess, precooked food from Guangdong Province were showcased in New York's Times Square.
  • Guangdong, one of the cradles of precooked food meals, has seen its local industry thrive since the implementation of the "Ten Measures for precooked food Meals".
  • Food safety remains a priority in the development of precooked food.
  • Only by establishing robust regulations, promoting standardization, and setting quality evaluation standards can the precooked food industry achieve sustainable development.

BYD Closes in on Tesla in Q2 BEV Sales, With Surges Noted in Thailand and Australia, Says TrendForce

Retrieved on: 
Thursday, August 17, 2023

In Q2, BEVs alone posted sales of 2.151 million units, marking 39.3% growth YoY.

Key Points: 
  • In Q2, BEVs alone posted sales of 2.151 million units, marking 39.3% growth YoY.
  • While Tesla maintains the lead with a market share of 21.7%, BYD trails closely behind with a boosted share of 16.2%.
  • The top 10 BEV brands in Q2 remained fairly consistent with Q1, with only a minor shuffling in ranks.
  • Both nations exceeded 35,000 units in sales in 1H23, with Thailand quadrupling its 2022 figures and Australia experiencing a fivefold increase.

Vision Knight Capital-Backed Online Furnishings Brand Ziel Home Technology Lists on SZSE

Retrieved on: 
Wednesday, June 28, 2023

On June 21, 2023, Ziel Home Furnishing Technology Co., Ltd ("Ziel Home Technology") successfully listed on the A-share GEM Board of the Shenzhen Stock Exchange (SZSE) under the stock code SZ:301376.

Key Points: 
  • On June 21, 2023, Ziel Home Furnishing Technology Co., Ltd ("Ziel Home Technology") successfully listed on the A-share GEM Board of the Shenzhen Stock Exchange (SZSE) under the stock code SZ:301376.
  • This marked the second cross-border enterprise invested by Vision Knight Capital to list with an A-share IPO, following Anker Innovations (SZ: 300866).
  • In addition to the Amazon platform, Ziel Home Technology is developing its businesses on different online and offline channels.
  • Apart from Vision Knight Capital, IDG Capital has also been continuously supporting Ziel Home since its first investment in 2018.

Tradeweb and LSEG’s FXall Collaborate to Launch FX Swap Workflow Solution for Local Currency Emerging Markets Bonds

Retrieved on: 
Tuesday, August 8, 2023

Developed in collaboration with FXall - LSEG’s leading electronic platform for global currency products - Tradeweb’s FX Swap Workflow is a multi-asset digital solution linking trading workflows in local currency EM bonds and FX swaps through a single user interface (UI).

Key Points: 
  • Developed in collaboration with FXall - LSEG’s leading electronic platform for global currency products - Tradeweb’s FX Swap Workflow is a multi-asset digital solution linking trading workflows in local currency EM bonds and FX swaps through a single user interface (UI).
  • The new FX Swap Workflow solution allows mutual clients of Tradeweb and FXall to buy or sell an EM bond via the Request-for-Quote (RFQ) or Request-for-Market (RFM) protocols on Tradeweb and then seamlessly hedge the local currency risk by executing an FX swap trade via direct connectivity to FXall.
  • Product scope includes EM IRS, CNY IRS via Swap Connect, hard and local currency bonds, portfolio trading for EM hard currency, EM credit derivatives, and CNY cash bonds via Bond Connect and CIBM Direct.
  • FXall is part of LSEG (London Stock Exchange Group), which is the majority stockholder of Tradeweb Markets.

Tongwei Group Made its Debut on Fortune Global 500 List

Retrieved on: 
Friday, August 4, 2023

CHENGDU, China, Aug. 4, 2023 /PRNewswire/ -- On August 2, the 2023 Fortune Global 500 list was officially released.

Key Points: 
  • CHENGDU, China, Aug. 4, 2023 /PRNewswire/ -- On August 2, the 2023 Fortune Global 500 list was officially released.
  • Tongwei Group made its debut on the list with a revenue of CNY 2148.82 billion and ranked 476th, becoming the first photovoltaic company in the world to enter the Fortune Global 500.
  • The inclusion of Tongwei Group in the Fortune Global 500 marks its formal entry into the "club" of global giant enterprises and signifies the firm commitment to comprehensive internationalization.
  • As a global leader in high-purity polysilicon and solar cells, Tongwei Group currently holds the largest global market share in high-purity polysilicon production and sales.