Northbound

Kansas Started 198 Transportation Projects in Year-One of Infrastructure Law, New Report Shows

Retrieved on: 
Friday, November 18, 2022

WASHINGTON, Nov. 18, 2022 /PRNewswire/ -- Kansas leveraged $458.7 million in federal highway and bridge formula funds in FY 2022 to help jumpstart 198 new improvement projects in communities across the state during the first year of the Infrastructure Investment and Jobs Act (IIJA), a review of U.S. Treasury Department data through September 30 shows.  

Key Points: 
  • "A key takeaway from the Treasury data is that the bipartisan infrastructure law is working in year-one as intended, with state transportation departments disbursing funds and projects breaking ground," said American Road & Transportation Builders Association (ARTBA) Chief Economist Dr. Alison Premo Black, who prepared the report.
  • "The beneficiaries of these long-term investments will be the American traveling public in their communities."
  • K-14 Will Be Carried over Avenue X and the K&O Railroad- $40.5 million
    To access national and state project data, visit: artbahighwaydashboard.org .
  • Established in 1902, the Washington, D.C.-based ARTBA advocates for infrastructure investment and policy that meet the nation's need for safe and efficient travel.

HKEX Celebrates Launch of ETF Inclusion in Stock Connect

Retrieved on: 
Monday, July 4, 2022

HONG KONG, July 4, 2022 /PRNewswire/ --Hong Kong Exchanges and Clearing Limited (HKEX) today (Monday) celebrates the successful launch of the inclusion of ETFs in Stock Connect with a virtual market open ceremony.

Key Points: 
  • HONG KONG, July 4, 2022 /PRNewswire/ --Hong Kong Exchanges and Clearing Limited (HKEX) today (Monday) celebrates the successful launch of the inclusion of ETFs in Stock Connect with a virtual market open ceremony.
  • HKEX Chief Executive Officer, Nicolas Aguzin, said: "The inclusion of ETFs in Stock Connect is great news and continues our commitment to enhance the vibrancy, diversity and attractiveness of our markets.
  • The inclusion of ETFs in Stock Connect signifies our ambition to enhance our ETF franchise, and reinforce Hong Kong's position as Asia's ETF marketplace," Mr Aguzin added.
  • HKEX is a purpose-led organisation which, across its business and through the work of HKEX Foundation, seeks to connect, promote and progress it markets and the communities they support for the prosperity of all.

HKEX Celebrates Launch of ETF Inclusion in Stock Connect

Retrieved on: 
Monday, July 4, 2022

HONG KONG, July 4, 2022 /PRNewswire/ --Hong Kong Exchanges and Clearing Limited (HKEX) today (Monday) celebrates the successful launch of the inclusion of ETFs in Stock Connect with a virtual market open ceremony.

Key Points: 
  • HONG KONG, July 4, 2022 /PRNewswire/ --Hong Kong Exchanges and Clearing Limited (HKEX) today (Monday) celebrates the successful launch of the inclusion of ETFs in Stock Connect with a virtual market open ceremony.
  • HKEX Chief Executive Officer, Nicolas Aguzin, said: "The inclusion of ETFs in Stock Connect is great news and continues our commitment to enhance the vibrancy, diversity and attractiveness of our markets.
  • The inclusion of ETFs in Stock Connect signifies our ambition to enhance our ETF franchise, and reinforce Hong Kong's position as Asia's ETF marketplace," Mr Aguzin added.
  • HKEX is a purpose-led organisation which, across its business and through the work of HKEX Foundation, seeks to connect, promote and progress it markets and the communities they support for the prosperity of all.

HKEX to Include ETFs in Stock Connect on 4 July

Retrieved on: 
Tuesday, June 28, 2022

HKEX, Shanghai Stock Exchange (SSE), Shenzhen Stock Exchange (SZSE) and China Securities Depository and Clearing Corporation (CSDC) have previously agreed on the Stock Connect inclusion and trading arrangements, as well as eligibility criteria for ETFs.

Key Points: 
  • HKEX, Shanghai Stock Exchange (SSE), Shenzhen Stock Exchange (SZSE) and China Securities Depository and Clearing Corporation (CSDC) have previously agreed on the Stock Connect inclusion and trading arrangements, as well as eligibility criteria for ETFs.
  • When the inclusion takes effect, trading of eligible SSE-listed ETFs through Shanghai Connect and trading of eligible SZSE-listed ETFs through Shenzhen Connect will be, for the first time, open to all Hong Kong and overseas investors including institutional and individual investors.
  • The initial list of ETFs eligible for Northbound trading, with data cut-off date on 29 April 2022, is published on the designated page on the HKEX website.
  • HKEX is a purpose-led organisation which, across its business and through the work of HKEX Foundation, seeks to connect, promote and progress it markets and the communities they support for the prosperity of all.

HKEX to Include ETFs in Stock Connect on 4 July

Retrieved on: 
Tuesday, June 28, 2022

HKEX, Shanghai Stock Exchange (SSE), Shenzhen Stock Exchange (SZSE) and China Securities Depository and Clearing Corporation (CSDC) have previously agreed on the Stock Connect inclusion and trading arrangements, as well as eligibility criteria for ETFs.

Key Points: 
  • HKEX, Shanghai Stock Exchange (SSE), Shenzhen Stock Exchange (SZSE) and China Securities Depository and Clearing Corporation (CSDC) have previously agreed on the Stock Connect inclusion and trading arrangements, as well as eligibility criteria for ETFs.
  • When the inclusion takes effect, trading of eligible SSE-listed ETFs through Shanghai Connect and trading of eligible SZSE-listed ETFs through Shenzhen Connect will be, for the first time, open to all Hong Kong and overseas investors including institutional and individual investors.
  • The initial list of ETFs eligible for Northbound trading, with data cut-off date on 29 April 2022, is published on the designated page on the HKEX website.
  • HKEX is a purpose-led organisation which, across its business and through the work of HKEX Foundation, seeks to connect, promote and progress it markets and the communities they support for the prosperity of all.

MediPharm Labs Continues to Lead with Innovation - Launches CBG and Water-Soluble Products

Retrieved on: 
Tuesday, April 5, 2022

MediPharm continues to lead the industry in CBN products.

Key Points: 
  • MediPharm continues to lead the industry in CBN products.
  • BARRIE, ON, April 5, 2022 /PRNewswire/ -MediPharm Labs Corp. (TSX: LABS) (OTCQX: MEDIF) (FSE: MLZ) ("MediPharm Labs", "MediPharm" or the "Company") a pharmaceutical company specialized in precision-based cannabinoids, is pleased to announce the expansion of its adult use wellness product line with the launch of CBG and water-soluble products.
  • As of today, these new products will be available in Ontario in both retail stores and on the OCS.ca e-commerce website.
  • MediPharm also has purchase commitments to distribute the products to the Company's other seven provincial distributors in the coming months.

DriveWealth and Sproutfi Partner to Make Investing in the U.S. Markets Accessible in Latin America

Retrieved on: 
Tuesday, March 29, 2022

JERSEY CITY, N.J., March 29, 2022 /PRNewswire/ -- DriveWealth, LLC, a pioneer in fractional investing and embedded finance, and Sproutfi, a social-first investment platform which offers securities through its affiliate Northbound Securities LLC, today announced a partnership to expand affordable access to investing in the U.S. markets to everyone in Latin America. Accounts opened through the Sproutfi platform will be held at DriveWealth. Leveraging DriveWealth's real-time fractional trading technology, users can invest in the U.S. markets with as little as $1, while making investing inclusive and educational through Sproutfi's community-based mobile experience*. Fractional trading allows investors to trade and hold fractional share quantities of less than one full share (e.g. 0.45 shares) in their account.

Key Points: 
  • Previously, investing in the U.S. markets was an isolating experience for Latin Americans, as investing was perceived to have been reserved for high-net-worth individuals with an in-depth understanding of the markets.
  • As many first-time investors are turning to social networks to learn about investing, Sproutfi is providing the technology they need to make investing deeply social.
  • "In order to democratize investing throughout Latin America, we needed to partner with an experienced broker that our users could trust to hold their assets.
  • fractional shares) in over 6,000 U.S. securities and ETFs, making investing in the U.S. markets affordable and accessible.

MediPharm Labs Expands CBN Portfolio with Two New Products

Retrieved on: 
Tuesday, November 23, 2021

A leader in CBN products, MediPharm Labs, adds CBN:CBD products to its wellness portfolio for consumers and patients looking for a product without THC effects.

Key Points: 
  • A leader in CBN products, MediPharm Labs, adds CBN:CBD products to its wellness portfolio for consumers and patients looking for a product without THC effects.
  • New CBN products include CBN:CBD 1:2 Relax Formula Oil and a Northbound high CBN and high CBD vape cartridge.
  • BARRIE, Ontario, Nov. 23, 2021 (GLOBE NEWSWIRE) -- MediPharm Labs Corp. (TSX: LABS) (OTCQX: MEDIF) (FSE: MLZ) (MediPharm Labs or the Company) a pharmaceutical company specialized in precision-based cannabinoids, is pleased to announce the expansion of its unique cannabinol (CBN) product line.
  • This is an exciting addition to our wellness line of products which is produced to a pharmaceutical quality standard in a GMP licensed facility, said Bryan Howcroft, CEO, MediPharm Labs.

HUTCHMED Selected as Constituent of Certain Hang Seng Indexes

Retrieved on: 
Monday, August 23, 2021

HONG KONG and SHANGHAI, China and FLORHAM PARK, N.J., Aug. 22, 2021 (GLOBE NEWSWIRE) -- HUTCHMED (China) Limited ( HUTCHMED ) (Nasdaq/AIM: HCM; HKEX: 13) today announces that HUTCHMED has been selected as a constituent stock of several indexes administered by Hang Seng Indexes Company Limited (Hang Seng), including the Hang Seng Composite Index, in accordance with the latest index series release by Hang Seng, with effect from Monday, September 6, 2021.

Key Points: 
  • HONG KONG and SHANGHAI, China and FLORHAM PARK, N.J., Aug. 22, 2021 (GLOBE NEWSWIRE) -- HUTCHMED (China) Limited ( HUTCHMED ) (Nasdaq/AIM: HCM; HKEX: 13) today announces that HUTCHMED has been selected as a constituent stock of several indexes administered by Hang Seng Indexes Company Limited (Hang Seng), including the Hang Seng Composite Index, in accordance with the latest index series release by Hang Seng, with effect from Monday, September 6, 2021.
  • HUTCHMED has also been selected for six other indexes of Hong Kong-listed stocks, including the Hang Seng Healthcare Index and the Hang Seng Hong Kong-Listed Biotech Index.
  • In addition to the above indexes of stocks listed in Hong Kong, Hang Seng has also selected HUTCHMED for inclusion in six cross-market indexes, including the Hang Seng Stock Connect China 500 Index, which aims to measure the overall performance of the 500 largest Chinese companies in terms of market capitalization listed in Hong Kong and/or mainland China that are eligible for Northbound or Southbound trading under the Stock Connect schemes.
  • HUTCHMED undertakes no obligation to update or revise the information contained in this press release, whether as a result of new information, future events or circumstances or otherwise.