South China Sea

Hong Kong Data Center Market Growth, Trends, and Forecasts 2021-2026 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, May 19, 2021

b'The "Hong Kong Data Center Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)" report has been added to ResearchAndMarkets.com\'s offering.\nThe Hong Kong Data Center Market is expected to register a CAGR of 3.5% over the forecast period 2021 to 2026.\nHong Kong has advanced to become a local hub for large companies across a range of businesses.

Key Points: 
  • b'The "Hong Kong Data Center Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)" report has been added to ResearchAndMarkets.com\'s offering.\nThe Hong Kong Data Center Market is expected to register a CAGR of 3.5% over the forecast period 2021 to 2026.\nHong Kong has advanced to become a local hub for large companies across a range of businesses.
  • Most large global providers are concentrating on Hong Kong to build a geo-redundant hyper multi-cloud architecture.
  • According to Datacenters.com, there are presently 22 providers and 43 data centers in Hong Kong.
  • Its proximity to China\'s Mainland is also core strength, thus stressing the need for data centers in the region.\nThe Hong Kong data center market is moderately competitive with the major players adopting strategies like product and service innovation and mergers and acquisitions.

CGTN: A City on the Rebound: How Hong Kong Can Move Forward

Retrieved on: 
Tuesday, April 13, 2021

In East Asia, the financial hub of Hong Kong has experienced its fair share of difficulties, but as life slowly returns to normal, problems that have plagued the city for decades remain.\nThis press release features multimedia.

Key Points: 
  • In East Asia, the financial hub of Hong Kong has experienced its fair share of difficulties, but as life slowly returns to normal, problems that have plagued the city for decades remain.\nThis press release features multimedia.
  • Coupled with a liberalized financial system and generous policies, the city catapulted itself toward the top, competing with mega-cities such as London and New York City.\nFor all its glitz and glamour, Hong Kong contained contradictions that boiled over in the 2019-2020 protests and rioting.
  • Mass protests have taken a heavy toll on Hong Kong, largely battering its economy of which it holds pride and imbuing its residents with pessimistic sentiments.
  • Observers believe that social discontent is one of the deeper roots behind the prolonged protests.\nAs many got rich over the decades, wealth inequality in the city became one of the highest in the world.

HKIRA 7th IR Awards 2021 Now Open for Nomination

Retrieved on: 
Wednesday, April 7, 2021

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

Retrieved on: 
Tuesday, March 23, 2021

-- 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”

Retrieved on: 
Wednesday, March 17, 2021

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

Retrieved on: 
Wednesday, March 17, 2021

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

Retrieved on: 
Monday, March 15, 2021

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

Retrieved on: 
Friday, March 12, 2021

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

Retrieved on: 
Friday, March 12, 2021

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

Retrieved on: 
Tuesday, March 9, 2021

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.