South China Sea

HKIRA 7th IR Awards 2021 Now Open for Nomination

Wednesday, April 7, 2021 - 10:10am

HONG KONG, Apr 7, 2021 - (ACN Newswire) - Hong Kong Investor Relations Association (HKIRA) is pleased to announce that public nomination is now open for the HKIRA 7th IR Awards 2021 (the 'Awards').

Key Points: 
  • HONG KONG, Apr 7, 2021 - (ACN Newswire) - Hong Kong Investor Relations Association (HKIRA) is pleased to announce that public nomination is now open for the HKIRA 7th IR Awards 2021 (the 'Awards').
  • Public nomination for the HKIRA 7th IR Awards 2021 is now open to Hong Kong-listed companies.
  • The HKIRA 7th IR Awards 2021 scheme has a total of 15 award categories honouring best IR practices of individuals and companies.
  • Among these awards, 12 categories are open for nomination and voting, while the other 3 awards are selected by the judging panel.

Solomon Systech (International) Limited Makes Significant Progress in 2020 Annual Results

Tuesday, March 23, 2021 - 11:32am

-- Profit attributable to owners of the parent was US$11.7 million, turnaround from loss of US$27.3 million.

Key Points: 
  • -- Profit attributable to owners of the parent was US$11.7 million, turnaround from loss of US$27.3 million.
  • -- The Board proposed a final dividend per share of 0.8 HK cent (approximately 0.1 US cent) for the year ended 31 December 2020.
  • In line with our business development strategy, we adopted the Chinese name 'Solomon Systech (International) Limited' as the dual foreign name of the Company in late 2020.
  • The Chinese name 'Solomon Systech (International) Limited' is indicative of our core businesses, and highlights the Company's leading position within the semiconductor industry.

President of the Chinese Culture and Arts Association comments on electoral system amendments: Improve Hong Kong’s Ability to “Govern Itself”

Wednesday, March 17, 2021 - 10:30am

HONG KONG, March 17, 2021 (GLOBE NEWSWIRE) -- China's top legislature endorsed on Thursday a decision on improving the electoral system of the Hong Kong Special Administrative Region, which marks another major step to improve the region's legal and political systems, said Lv Jian-she, President of the Hong Kong-based Chinese Culture and Arts Association.

Key Points: 
  • HONG KONG, March 17, 2021 (GLOBE NEWSWIRE) -- China's top legislature endorsed on Thursday a decision on improving the electoral system of the Hong Kong Special Administrative Region, which marks another major step to improve the region's legal and political systems, said Lv Jian-she, President of the Hong Kong-based Chinese Culture and Arts Association.
  • To respond to this, Hong Kong chief executive Carrie Lam says the citys postponed legislative elections could be delayed even further due to changes to its electoral system planned.
  • Back in 2019, massive protests happened in Hong Kong escalated into violencethat caught the world's attention, said Lv Jian-she, President of the Chinese Culture and Arts Association.
  • And this time, the amendments will bring further politicalsafeguard to Hong Kong.

Bilibili Launches Hong Kong Public Offering

Wednesday, March 17, 2021 - 10:00am

SHANGHAI, China, March 17, 2021 (GLOBE NEWSWIRE) -- Bilibili Inc. (the Company or Bilibili) (Nasdaq: BILI), an iconic brand and a leading video community for young generations in China, today announced the launch of its Hong Kong public offering (the Hong Kong Public Offering), which forms part of the global offering (the Offering) of 25,000,000 Class Z ordinary shares of the Company (the Offer Shares or Shares) and listing of its Shares on the Main Board of The Stock Exchange of Hong Kong Limited (the Hong Kong Stock Exchange) under the stock code 9626.

Key Points: 
  • SHANGHAI, China, March 17, 2021 (GLOBE NEWSWIRE) -- Bilibili Inc. (the Company or Bilibili) (Nasdaq: BILI), an iconic brand and a leading video community for young generations in China, today announced the launch of its Hong Kong public offering (the Hong Kong Public Offering), which forms part of the global offering (the Offering) of 25,000,000 Class Z ordinary shares of the Company (the Offer Shares or Shares) and listing of its Shares on the Main Board of The Stock Exchange of Hong Kong Limited (the Hong Kong Stock Exchange) under the stock code 9626.
  • Subject to the level of oversubscription in the Hong Kong Public Offering and pursuant to the claw back mechanism as described in the prospectus issued by the Company in Hong Kong dated March 18, 2021, the total number of Shares available under the Hong Kong Public Offering could be adjusted to up to a maximum of 3,000,000 Offer Shares, representing approximately 12% of the Offer Shares initially available under the Offering.
  • The offer price for the Hong Kong Public Offering (the Hong Kong Offer Price) will be no more than HK$988.00 per Share (the Maximum Offer Price).
  • The Hong Kong Public Offering will commence at 9:00 a.m. on Thursday, March 18, 2021 Hong Kong time and will close at 12:00 noon on Tuesday, March 23, 2021 Hong Kong time.

25th FILMART opens today as online event

Monday, March 15, 2021 - 10:00am

Hong Kong International Film and TV Market | Online (FILMART Online) opened today (15 March), creating business opportunities for the global film and TV industry.

Key Points: 
  • Hong Kong International Film and TV Market | Online (FILMART Online) opened today (15 March), creating business opportunities for the global film and TV industry.
  • The four-day event brings together more than 670 exhibitors and sees the release or promotion of about 2,000 film and television productions.
  • FILMART Online has received strong support from production companies from Hong Kong, Mainland China and across the globe.
  • In addition to the exhibition, FILMART Online will also host a number of online conferences.

Hong Kong: Declaration by the High Representative on behalf of the EU on the electoral system

Friday, March 12, 2021 - 4:02pm

TheNational Peoples Congress of the Peoples Republic of Chinaadoptedtodaya Decisionthatwill have a significant impact on democratic accountability and political pluralism in Hong Kong.

Key Points: 
  • TheNational Peoples Congress of the Peoples Republic of Chinaadoptedtodaya Decisionthatwill have a significant impact on democratic accountability and political pluralism in Hong Kong.
  • The Decision will lead to a concentration of power and influence in the Hong Kong Election Committee, which is not a democratically elected body.
  • The Decision will lead to a reduction inthe proportion of directly elected representatives in the Hong Kong Legislative Council.
  • It also erodes the ability of Hongkongers to be legitimately represented and to directly influence the decisions it takes.

DGAP-News: M+ museum building completed - The first global museum of contemporary visual culture in Asia set to open at the end of 2021 in Hong Kong

Friday, March 12, 2021 - 3:02pm

HONG KONG - Media OutReach - 12 March 2021 - M+ has reached the important milestone marking the completion of construction of the museum building.

Key Points: 
  • HONG KONG - Media OutReach - 12 March 2021 - M+ has reached the important milestone marking the completion of construction of the museum building.
  • With the Occupation Permit for the museum building obtained on 24 December 2020, M+ is set to open to the public at the end of 2021.
  • The tower defines a visual dialogue with the urban landscape of Hong Kong.
  • Museum staff have moved into and started to activate the M+ building and the Conservation and Storage Facility (CSF).

Wai Hung Intends to Build Approximately 1 Million Smart Parking Spaces in Nine Countries in the MiddleEast Countries With Total Contract Sum Reaches Over HK$100 Billion

Tuesday, March 9, 2021 - 6:29am

The Group intends to build facilities for approximately 1 million smart parking spaces and provide relevant construction services for the proposed urban property project in the MiddleEast Countries to be developed with IPGT (the "Middle East Project").

Key Points: 
  • The Group intends to build facilities for approximately 1 million smart parking spaces and provide relevant construction services for the proposed urban property project in the MiddleEast Countries to be developed with IPGT (the "Middle East Project").
  • The parties shall not cooperate with any third party in providing artificial intelligence garage system in the MiddleEast Countries within the term of the Cooperation Agreement (i.e.
  • The total contract sum of the Middle East Project, if materialised fully, could reach over HK$100 billion.
  • Wai Hung Group is a contractor providing fitting-out services and repair and maintenance services in Macau.

"Patriots governing Hong Kong": Logical and legitimate

Friday, March 5, 2021 - 2:01pm

"Patriots governing Hong Kong" is a legitimate institutional design in line with the common sense of ordinary people.

Key Points: 
  • "Patriots governing Hong Kong" is a legitimate institutional design in line with the common sense of ordinary people.
  • "Patriots governing Hong Kong" follows a natural political logic and needs no further explanation.
  • However, some people in Hong Kong collude with international anti-China forces to propagate that "Hong Kong only belongs to the Hong Kong people" and attempt to disrupt the unequivocal logical relationship between "loving the country" and "loving Hong Kong."
  • "Patriots governing Hong Kong" follows the basic operating logic of any political system, and governing by patriots is not unique to China.

Autohome Inc. Launches Hong Kong Public Offering

Wednesday, March 3, 2021 - 1:30pm

BEIJING, March 3, 2021 /PRNewswire/ --Autohome Inc. (NYSE: ATHM) (the "Company"), the leading online destination for automobile consumers in China, today announced the launch of its Hong Kong public offering (the "Hong Kong Public Offering"), which forms part of the global offering (the "Offering") of 30,291,200shares (the "Offer Shares") and listing of its shares on the Main Board of The Stock Exchange of Hong Kong Limited (the "Hong Kong Stock Exchange") under the stock code "2518".

Key Points: 
  • BEIJING, March 3, 2021 /PRNewswire/ --Autohome Inc. (NYSE: ATHM) (the "Company"), the leading online destination for automobile consumers in China, today announced the launch of its Hong Kong public offering (the "Hong Kong Public Offering"), which forms part of the global offering (the "Offering") of 30,291,200shares (the "Offer Shares") and listing of its shares on the Main Board of The Stock Exchange of Hong Kong Limited (the "Hong Kong Stock Exchange") under the stock code "2518".
  • Subject to the level of oversubscription in the Hong Kong Public Offering and pursuant to the claw back mechanism as described in the prospectus issued by the Company in Hong Kong dated 4 March2021, the total number of shares available under the Hong Kong Public Offering could be adjusted to up to a maximum of 15,146,000 Offer Shares, representing approximately 50% of the Offer Shares initially available under the Offering.
  • The offer price for the Hong Kong Public Offering (the "Hong Kong Offer Price") will be no more than HK$251.8 per share (the "Maximum Offer Price").
  • The Hong Kong Public Offering will commence at 9:00 a.m. on Thursday, 4 March 2021 Hong Kong time and will close at 12:00 noon on Tuesday, 9 March 2021 Hong Kong time.