Seemabaddha

Hong Kong Ferry announces FY2023 annual results Increase in revenue for FY2023 Sales on completed existing units of The Symphonie

Retrieved on: 
Wednesday, April 10, 2024

Consolidated profit after taxation for FY2023 amounted to HK$186 million, down by approximately 86% as compared to last year.

Key Points: 
  • Consolidated profit after taxation for FY2023 amounted to HK$186 million, down by approximately 86% as compared to last year.
  • (22 March 2024, Hong Kong) – Hong Kong Ferry (Holdings) Company Limited (the “Company”, which together with its subsidiaries, is referred to as the “Group”; SEHK stock code: 0050) announced annual results for the year ended 31 December 2023.
  • The revenue and operating profit for the year were mainly derived from the rental income from shops and commercial arcades as well as interest income from banks.
  • Mr. Gabriel Lee, General Manager of Hong Kong Ferry, said, “The Hong Kong Ferry Group has been established for 100 years in 2023, and the Group has successfully transformed itself from a ferry and shipyard focused business into an integrated conglomerate.

Chu Kong Shipping Announces 2023 Annual Results, Profit Attributable to Equity Holders of the Company Increases by 22.0% year on year to HK$114.1 Million

Retrieved on: 
Monday, March 25, 2024

During the Year, the Group's terminal navigation logistics business progressed well, with continuous improvement in the cargoes transportation volume.

Key Points: 
  • During the Year, the Group's terminal navigation logistics business progressed well, with continuous improvement in the cargoes transportation volume.
  • Profit for the Year increased by 13.5% year-on-year to HK$122.6 million (2022: HK$108.0 million), while profit attributable to equity holders of the Company amounted to HK$114.1 million (2022: HK$93.5 million), representing an increase of 22.0% as compared to the same period last year.
  • The volume of break bulk cargoes transportation for the Year was 1,143,000 tons, representing a year-on-year significant increase of 68.6%.
  • CKTL has also successfully won the bid for a sand supply for certain phases of the Hong Kong International Airport construction project.

AM Best Affirms Credit Ratings of China Taiping Insurance (Macau) Company Limited

Retrieved on: 
Thursday, March 21, 2024

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of China Taiping Insurance (Macau) Company Limited (CTIM) (Macau).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of China Taiping Insurance (Macau) Company Limited (CTIM) (Macau).
  • CTIM’s underwriting portfolio and distribution channels are stable and diversified, while the company continues to develop its online channel and explore cross-selling opportunities in its affiliated life insurance company, China Taiping Life Insurance (Macau) Company Limited, in Macau.
  • A weakening credit profile of the parent company, China Taiping Insurance Holdings Company Limited, also may have a negative impact on CTIM’s ratings.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings .

Ping An of China CSI HK Dividend ETF(3070.HK)Named Best Performer at Bloomberg Businessweek Top Fund Awards 2023

Retrieved on: 
Wednesday, March 27, 2024

Recently, HK Dividend ETF was also awarded "Three-Year Yinghua Awards - Greater China ETF" [2] by China Fund News for its outstanding performance in the past three years.

Key Points: 
  • Recently, HK Dividend ETF was also awarded "Three-Year Yinghua Awards - Greater China ETF" [2] by China Fund News for its outstanding performance in the past three years.
  • The HK Dividend ETF is an index-tracking exchange traded fund which aims to track the performance of its Underlying Index, the CSI HK Dividend Index (the "Underlying Index").
  • The Units of the HK Dividend ETF are traded on Stock Exchange of Hong Kong Limited ("SEHK").
  • "We are honored to be the Best Performer in the Equity - ETFs (NAV Total Return 1 year) category this year.

Ping An of China CSI HK Dividend ETF(3070.HK)Named Best Performer at Bloomberg Businessweek Top Fund Awards 2023

Retrieved on: 
Wednesday, March 27, 2024

Recently, HK Dividend ETF was also awarded "Three-Year Yinghua Awards - Greater China ETF" [2] by China Fund News for its outstanding performance in the past three years.

Key Points: 
  • Recently, HK Dividend ETF was also awarded "Three-Year Yinghua Awards - Greater China ETF" [2] by China Fund News for its outstanding performance in the past three years.
  • The HK Dividend ETF is an index-tracking exchange traded fund which aims to track the performance of its Underlying Index, the CSI HK Dividend Index (the "Underlying Index").
  • The Units of the HK Dividend ETF are traded on Stock Exchange of Hong Kong Limited ("SEHK").
  • "We are honored to be the Best Performer in the Equity - ETFs (NAV Total Return 1 year) category this year.

Ping An of China SIF - RMB Bond Fund Wins 2 Awards at Offshore China Fund Awards 2023

Retrieved on: 
Monday, March 25, 2024

Several months earlier, the Fund also secured the Refinitiv Lipper Fund Award 2023 in the category of Bond Asia Pacific LC - 10 years[3].

Key Points: 
  • Several months earlier, the Fund also secured the Refinitiv Lipper Fund Award 2023 in the category of Bond Asia Pacific LC - 10 years[3].
  • Albert Wang, Head of Capital Markets and CIO of PAAMC HK, said, "We are proud to be consistently recognized by the Offshore China Fund Awards.
  • HKCAMA and Bloomberg announced the winners at their ninth annual Offshore China Fund Awards on 21 March, in recognition of their outstanding performance and contributions to China's offshore fund industry.
  • [2] Source: Offshore China Fund Awards official website: https://www.bloomberg.com/company/press/hkcama-and-bloomberg-host-eighth...

Ping An of China SIF - RMB Bond Fund Wins 2 Awards at Offshore China Fund Awards 2023

Retrieved on: 
Monday, March 25, 2024

Several months earlier, the Fund also secured the Refinitiv Lipper Fund Award 2023 in the category of Bond Asia Pacific LC - 10 years[3].

Key Points: 
  • Several months earlier, the Fund also secured the Refinitiv Lipper Fund Award 2023 in the category of Bond Asia Pacific LC - 10 years[3].
  • Albert Wang, Head of Capital Markets and CIO of PAAMC HK, said, "We are proud to be consistently recognized by the Offshore China Fund Awards.
  • HKCAMA and Bloomberg announced the winners at their ninth annual Offshore China Fund Awards on 21 March, in recognition of their outstanding performance and contributions to China's offshore fund industry.
  • [2] Source: Offshore China Fund Awards official website: https://www.bloomberg.com/company/press/hkcama-and-bloomberg-host-eighth...

Organic Fertilizers Market worth $13.6 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, March 21, 2024

In contrast, organic fertilizers sourced from natural origins offer a more sustainable alternative, reducing chemical runoff and environmental damage.

Key Points: 
  • In contrast, organic fertilizers sourced from natural origins offer a more sustainable alternative, reducing chemical runoff and environmental damage.
  • Total organic sales, inclusive of non-food organic products, reached a record-breaking USD 67.6 billion, highlighting the growing momentum toward environmentally friendly and health-conscious consumption habits.
  • Plant-based organic fertilizers, sourced from materials such as compost, crop residues, seaweed, and green manure crops, are anticipated to experience the highest CAGR during the forecast period in the organic fertilizers market.
  • This trend is expected to persist, positioning North America as a significant contributor to the global organic fertilizers market's expansion.

Organic Fertilizers Market worth $13.6 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, March 21, 2024

In contrast, organic fertilizers sourced from natural origins offer a more sustainable alternative, reducing chemical runoff and environmental damage.

Key Points: 
  • In contrast, organic fertilizers sourced from natural origins offer a more sustainable alternative, reducing chemical runoff and environmental damage.
  • Total organic sales, inclusive of non-food organic products, reached a record-breaking USD 67.6 billion, highlighting the growing momentum toward environmentally friendly and health-conscious consumption habits.
  • Plant-based organic fertilizers, sourced from materials such as compost, crop residues, seaweed, and green manure crops, are anticipated to experience the highest CAGR during the forecast period in the organic fertilizers market.
  • This trend is expected to persist, positioning North America as a significant contributor to the global organic fertilizers market's expansion.

HKIRA 10th IR Awards 2024 now open for nomination

Retrieved on: 
Wednesday, February 21, 2024

HONG KONG, Feb 21, 2024 - (ACN Newswire) - Hong Kong Investor Relations Association (HKIRA) is pleased to announce that public nomination is now open for the HKIRA 10th IR Awards 2024 (the 'Awards').

Key Points: 
  • HONG KONG, Feb 21, 2024 - (ACN Newswire) - Hong Kong Investor Relations Association (HKIRA) is pleased to announce that public nomination is now open for the HKIRA 10th IR Awards 2024 (the 'Awards').
  • Dr Eva Chan, Founding Chairman of HKIRA, said, "This is the 10th year of the IR Awards launched since 2015.
  • Public nomination for the HKIRA 10th IR Awards 2024 is now open to Hong Kong-listed companies.
  • The HKIRA 10th IR Awards 2024 scheme has a total of 16 award categories honouring best IR practices of individuals and companies.