Read More

Business of IP Asia Forum opens today

HONG KONG, Dec 3, 2020 - (ACN Newswire) - Addressing the importance of open innovation (an innovation management model that promotes collaboration with external parties) and collaboration in corporate development in times of change, the 10th Business of IP Asia Forum (BIP Asia Forum) opened today and runs online until 4 December. Jointly organised by the Government of the Hong Kong Special Administrative Region (HKSAR), the Hong Kong Trade Development Council (HKTDC) and the Hong Kong Design Centre, the event features more than 60 international intellectual property (IP) experts and business leaders sharing on the latest industry trends. Officiating at this morning's opening ceremony were Carrie Lam, Chief Executive of the HKSAR; Shen Changyu, Commissioner of the China National Intellectual Property Administration (CNIPA); and Daren Tang, Director General of the World Intellectual Property Organization (WIPO).Carrie Lam, Chief Executive of the HKSAR, officiated at this morning's opening ceremony.A breakout session held at the forum's satellite venue in Guangzhou explored the latest IP development opportunities with stakeholders from the Guangdong-Hong Kong-Macao Greater Bay Area.De...

Read More

Xu Chong, CFO & Executive Director of Babytree: Focusing on M&C and Expanding Horizons for More Opportunities

HONG KONG, Dec 3, 2020 - (ACN Newswire) - Joining the maternity and child (M&C)-focused Babytree Group (1761.HK) was the right thing to do for Xu Chong, CFO and Executive Director of the company. Xu Chong, CFO and Executive Director of Babytree Group"I tried to find the right business from an investor perspective. And Babytree, a top-ranking company in the 600 billion dollar M&C industry with an unrivalled reputation and high user traffic, is exactly what I've been looking for," said Mr. Xu in an interview with a reporter from takungpao.com. In fact, as one of the largest and most active M&C-focused community platforms in China, Babytree has achieved impressive results in the past year in content upgradation and product innovation through relentless efforts. Data show that as of 30 June 2020, the monthly active users (MAUs) of Babytree reached 103 million, among which the MAUs of the Babytree Parenting mobile app amounted to 20.4 million, up 7.9% from the end of 2019, with the retention rate (the percentage of active users on the app in a specific month that remained active users in the next month) increasing to 65.2%. Thanks to refinements and upgrades in products, ser...

Read More

Greenbriar Capital Corp Announces Acquisition of 500MW Solar Energy Project Portfolio in Alberta

Coquitlam, British Columbia, Dec 3, 2020 - (ACN Newswire) - Greenbriar Capital Corp. (TSXV: GRB) (OTC Pink: GEBRF) ("Greenbriar") is pleased to announce that it has executed a formal agreement with Devon Sandford of Lethbridge, Alberta, for the acquisition of a 500 MW photovoltaic solar energy project portfolio in Alberta. The proprietary portfolio is at various stages of development, including late stage, mid stage and early stage projects.Devon owns and operates a world class large utility scale solar energy construction firm (Northern DC Solar Inc. "NDC") and has very recently built several large utility scale solar projects in Alberta. Transitioning from the manufacturing and commissioning of utility scale power systems into utility scale solar projects has provided NDC a unique perspective, critical insights and overall advantages on how to deliver large scale solar projects efficiently and cost effectively.Greenbriar gains an advantage in the market as it benefits from NDC's recent successful mechanical and electrical installation of the first large scale tracking solar system in Canada. Located in Southern Alberta, with over 70,000 modules, 7,000 piles, 4.8 million mechanica...

Read More

Hidden Arbitrage Opportunities behind Privatisation of CIMC-TianDa (0445.HK) May Significantly Increase Probability of Approval

HONG KONG, Dec 3, 2020 - (ACN Newswire) - On 30 November, CIMC-TianDa issued a joint announcement regarding, among other matters, the dispatch of privatisation scheme circular.According to the announcement, Sharp Vision, a wholly-owned subsidiary of CIMC, and Expedition Holding, as the joint offerors, made a privatisation proposal to CIMC-TianDa. The privatisation price is HK$0.266 per share, a 20.36% premium to the closing price of HK$0.221 on the last trading day. Assuming that Sharp Vision will not exercise the right to convert its convertible bonds, the joint offerors and their concert parties hold 12.574 billion shares, representing approximately 75.58% of the issued share capital of CIMC-TianDa, while independent shareholders hold 4.064 billion shares, representing approximately 24.42% of the issued share capital. The maximum amount of cash consideration required to effect the privatisation proposal will be HK$1.082 billion. As shown in the announcement, the joint offerors and their concert parties have appointed ABCI Capital, Zhongtai Capital and Donvex Capital as their joint financial advisers (FA) in connection with the privatisation proposal. In its announcement issued on...

Read More

Singapore Fintech Festival and the Singapore Week of Innovation and Technology to feature world�s first 24-hour hybrid digital and physical event

SINGAPORE, Dec 3, 2020 - (ACN Newswire) - The Singapore Fintech Festival (SFF) and the Singapore Week of Innovation and TeCHnology (SWITCH), the world's first week-long round-the-clock, hybrid digital and physical event, will run from 7 to 11 December 2020. Organised by Monetary Authority of Singapore and Enterprise Singapore, the event will feature a unique hybrid format that combines a 24-hour online event platform with global satellite events around the world.SFF x SWITCH 2020 will feature a digital city that will allow participants access to over 650 speakers from the global innovation and tech community, 150 content partners, 200 sessions to engage participants and more than 900 exhibitors on the Digital Singapore platform. Participants can access live content broadcasts running round-the-clock and on-demand sessions. Established speakers participating at SWITCH include:- Dr Chi Youngcho, President and CIO, Hyundai Motor Group- Timothy Draper, Founding Partner, Draper Associates- Henry Ma, Executive Vice President and Chief Information Officer, WeBank- Professor H.S. Philip Wong, Willard R. and Inez Kerr Bell, Professor of School of Engineering, Stanford University - Albert, C...

HKICPA 20th Anniversary CG Awards reflect the changing times and the impact of COVID-19 on corporate disclosures

HONG KONG, Dec 2, 2020 - (ACN Newswire) - The outbreak of COVID-19 has disrupted the daily business and operations of companies and public sector organizations around the world, putting their corporate governance (CG) and sustainability practices to the test. Celebrating their 20th anniversary, the Hong Kong Institute of Certified Public Accountants (HKICPA)'s Best Corporate Governance Awards (BCGA) continue to set a benchmark for current CG and sustainability standards and best practices in Hong Kong."This year has been a year of disruption, due to the ongoing US-China trade dispute and the global COVID-19 pandemic, and it is interesting to note that the Awards were launched in 2000, the year that the dot.com bubble began to burst. Throughout all this time, the importance of good CG has always been clear, as a beacon of stability and a vital investor safeguard," said Mr. Johnson Kong, President of HKICPA and Chairman of Judging Panel of the Best Corporate Governance Awards 2020."Companies and public sector organizations with good CG deeply ingrained are more resilient and are also more likely to be able to weather the storm and recover more quickly once it has passed. The senior m...

Read More

TAITRA Launches 2020 Online Medical Show

TAIPEI, TW, Dec 2, 2020 - (ACN Newswire) - Taiwan External Trade Development Council (TAITRA), the operator of the nation's largest B2B portal Taiwantrade.com, has launched the 2020 Online Medical Show.The dedicated online showcase houses 700 medical products from 28 leading medical suppliers. A creation of such online exhibition, TAITRA believes, not only will make a contribution to the global medical and healthcare industries during the pandemic, but will help Taiwan's suppliers gain enormous publicity. In meeting global demands for pandemic prevention, TAITRA also created the Anti-epidemic and Stay-at-home Economy online showcases, which cover 20,000 products from 15 industries.Taiwantrade.com, the largest B2B portal in Taiwan with an annual traffic of 32.5 million visitors, is sponsored by the Bureau of Foreign Trade and organized by TAITRA. In February, inquiries from worldwide buyers on the website grew 170% compared to the previous month.According to TAITRA Digital Commerce Department Director Chen Ling-chun, the pandemic led to a drastic increase in the number of inquiries for healthcare products on the website. Inquires for stay-at-home products also rose sharply due to th...

Read More

Habitat for Humanity Announces Participants in ShelterTech’s Latest Affordable Housing Accelerators

MANILA, Dec 2, 2020 - (ACN Newswire) - Habitat for Humanity's ShelterTech today announced the 20 startups and scaleups that will join the platform's newest accelerators -- one in Southeast Asia, the other in the Andean region of South America -- to advance housing solutions for low-income families. An initiative of Habitat's Terwilliger Center for Innovation in Shelter, ShelterTech provides mentorship, masterclasses, connections to investors and partners and a wide range of additional support to businesses that hold the potential to tackle affordable housing challenges. The newest accelerators, which join existing ones in India, Kenya and Mexico, will be conducted online, with special focus on solutions that work in the context of the COVID-19 pandemic.Over 100 ventures applied for the ShelterTech accelerators in Southeast Asia, vying for a chance to be part of the world's leading platform for affordable housing innovation. Prior to the final cohort announcement, startups went through a review with technical experts and ecosystem partners, diligence interviews and presentations before a selection committee. "We were very impressed by the quality and potential from applicants. It wa...

Read More

Tiger Broker Singapore’s Parent Company UP Fintech Sees 1 Million Customers Worldwide, Driven by More Than Triple Increase in Quarterly Account Openings in Singapore

SINGAPORE, Dec 2, 2020 - (ACN Newswire) - Xiaomi-backed Tiger Brokers Singapore today announced a 3-fold momentous growth in account openings during 3Q 2020 as compared to 2Q 2020. Tiger Brokers Singapore also saw an increase in trading value by 540 per cent as compared to 2Q2020. The Technology and Electronic Vehicles (EV) sectors has seen the most amount of interest with demand for companies such as APPLE, TESLA, NIO, due to investors' positive expectations for the companies in the long run. This growth was driven by an increased interest in investing during this period, due to a digitally-driven lifestyle cultivated during the pandemic where more Singapore investors tried online trading. A recent report (e-Conomy SEA 2020) showed a regional trend towards the digitalisation in finance, where Investment Assets under management in the region is expected to grow to US$84 billion in 2025 at a Compound Annual Rate Growth (CAGR) of 32 per cent. The online trading platform launched in February this year, and 30 per cent of its users in Singapore aged between 18-24 years old.Tiger Brokers Singapore also enhanced their platform during this period, providing access to top exchanges around ...

Read More

Fifth Belt and Road Summit draws to successful close

HONG KONG, Dec 1, 2020 - (ACN Newswire) - The fifth Belt and Road Summit, jointly organised by the Government of the Hong Kong Special Administrative Region (HKSAR) and the Hong Kong Trade Development Council (HKTDC), drew to a successful close today. In response to the COVID-19 pandemic, this year's summit was changed to an online broadcast. With the new virtual platform helping to overcome geographical boundaries, more than 6,000 participants from about 80 countries and regions attended the event.Under the theme "A Business Vision for a Sustainable and Inclusive Future", the fifth Belt and Road Summit brought together more than 6,000 participants from about 80 countries and regions.Under the theme "A Business Vision for a Sustainable and Inclusive Future", the two-day summit featured more than 80 government and business leaders from countries and regions along the Belt and Road, along with investors from Mainland China, the Asia-Pacific region, Europe, the Middle East and Africa, as well as project owners and professional investment advisers, who all came together to discuss the latest developments driven by the Belt and Road Initiative.Investment projects drive geographical conn...

Read More

Autumn Sourcing Week | ONLINE attracts 27,000 buyers

HONG KONG, Dec 1, 2020 - (ACN Newswire) - The HKTDC Autumn Sourcing Week | ONLINE (ASWO) exhibition, organised by the Hong Kong Trade Development Council (HKTDC), drew to a successful close on 27 November. The online exhibition featured more than 2,600 exhibitors and attracted more than 27,000 buyers from 132 countries and regions to participate. In addition to Hong Kong buyers, others came mainly from India, Indonesia, Japan, Korea, Mainland China, Malaysia, Pakistan, the Philippines, Taiwan, the United Arab Emirates and the United States.Benjamin Chau, Deputy Executive Director, HKTDC, said the number of exhibitors and buyers at HKTDC Autumn Sourcing Week | ONLINE (ASWO) doubled and grew more international compared to Summer Sourcing Weeks | Go ONLINE held in July.9,000+ video meetings during ASWO, allowing business partners to continue generating opportunities in the face of the pandemic.Highlights of "Eco Asia Conference", powered by the Environment Bureau of HKSAR, included progress on environmental protection work in the Greater Bay Area and insights into implementation of the United Nations' Sustainable Development Goals.More than 9,000 online business matching meetings conc...

Read More

Wintermar Offshore (WINS:JK) Celebrates 10th Anniversary of IDX Listing

JAKARTA, Dec 1, 2020 - (ACN Newswire) - Wintermar is pleased to commemorate the 10th anniversary of its status as a public company listed on the Indonesian Stock exchange. The Company has transformed in 10 years into a leader in the Indonesian offshore vessel industry, with experience in over 13 countries, and is now ranked amongst the top 10 Offshore Companies in Asia Pacific by Clarksons Research.Building Quality and SustainabilityThe Management's efforts to build a sustainable company based on the Core Value of Integrity has been recognized by the strong support of international and multinational clients. Wintermar's ability to compete in international markets is the fruit of years of building up a strong internal management system to uphold high standards of quality, safety and care for the environment. In 2019, Wintermar became a signatory of the Brunei Energy Industry Integrity Pact, joining leaders in the energy industry in the commitment to and promotion of ethical practices. In 2020, the Company achieved the ISO 45001: 2018 certification for Occupational Health and Safety management system and issued the first standalone Sustainability Report 2019 which outlines and highli...

Read More

Home of the Crypto Community, Holdex Implements the VerifEye Badge to Authenticate User’s Identity Using Blockpass

HONG KONG, Dec 1, 2020 - (ACN Newswire) - Blockpass' strategic partner, Holdex will be implementing the VerifEye Badge on its compliant ICO platform to authenticate users' identities that are verified by the Blockpass.The partnership between Blockpass and Holdex started in 2018 through the integration of Blockpass' flagship KYC product, KYC Connect(TM) into the Holdex Platform. Blockpass then announced an investment in the same year to strengthen the relationship. Blockpass' seamless, compliant solution allows industrial grade due diligence process which synergizes Holdex's goal to provide a trustworthy tool for blockchain communities to filter account frauds and provide a flood-free environment within the Holdex platform."We see a lot of potential in Holdex, and we believe it's the future of crypto," said Adam Vaziri, Blockpass CEO. "Implementing programs like the VerifEye Badge encourages users to get verified which is imperative as there is a strong need to establish trust via reusable and verifiable digital identity solutions like Blockpass in the crypto space. Blockpass also enables a fast, secure and compliant onboarding experience for users on the platform which creates a wi...

Read More

SBI, NPCI and JCB Launch ‘SBI RuPay JCB Platinum Contactless Debit Card’

Mumbai & Tokyo, Dec 1, 2020 - (ACN Newswire) - State Bank of India (SBI), National Payments Corporation of India (NPCI) and JCB International Co., Ltd. (JCB) have announced the launch of 'SBI RuPay JCB Platinum Contactless Debit Card'. This Card has been launched on the RuPay network by SBI in association with JCB. The SBI RuPay JCB Platinum Contactless Debit Card comes with a unique dual interface feature which will enable customers to perform both Contact & Contactless transactions in the domestic market and seamless contact transactions overseas. With this card, consumers would be able to transact on ATMs & POS terminals across the globe under JCB network. They can also shop online from JCB partnered international e-Commerce merchants using this card.The 'SBI RuPay JCB Platinum Contactless Debit Card' supports RuPay offline wallet based transactions, enabling an additional payment mode within the Card. Consumers will be able to load the offline wallet and utilize it in transit in India (bus and metro) and retail (merchant) payments. This innovative proposition will offer customers uninterrupted shopping experience with an extra layer of convenience. Customers can als...

Read More

BioVaxys Provides Viral Vaccine Platform Program Update

Vancouver, BC, Dec 1, 2020 - (ACN Newswire) - BioVaxys Technology Corp. (CSE: BIOV) (FSE: 5LB) ("BioVaxys" or "the Company") is pleased to announce that it has received further data from its successfully completed murine model study demonstrating that immunizing mice with two doses of BVX-0320, its COVID-19 vaccine candidate, induced high levels of antibodies against the S1 fragment of the SARS-CoV-2 spike protein associated with inhibition of the binding of the virus to cells of the respiratory tract. BioVaxys scientists also observed a clear dose-response, with lower levels of antibodies induced by the two lowest doses tested of 0.3ug and 1ug (median titers 1:59 and 1:124, respectively), and with significantly higher antibody levels with the two highest doses tested of 3ug and 10ug (median titers 1:4800 and 1:9430, respectively). No toxicity was noted in mice at any dose level.Dr. David Berd, the Chief Medical Officer of BioVaxys, stated, "Antibody titer is the usual way of measuring the amount of an antibody in the blood or a mouse or a human subject. It is determined by serially diluting a serum sample to reach the point where antibody is no longer detectable. An antibody titer...

Read More

Kidsland Collaborates with Tencent Video and Original Force to Unveil Live-Action Animation

HONG KONG, Dec 1, 2020 - (ACN Newswire) - Kidsland International Holdings Limited ("Kidsland" or the "Group"; stock code: 2122), the largest toy retailer and distributor in China, collaborates with Tencent Video and Original Force in investing, developing and operating "Secret Jewel in the Cave", which is a live-action animation, and represents the first season of "Monsters in the Forbidden City". Kidsland will be responsible for the licensing of toy and peripheral products from this animation. With massive traffic of Tencent Video, top notch creative and production capabilities of Original Force, as well as the comprehensive omnichannel sales system of Kidsland, this collaboration will integrate online and offline resources, to promote modern Chinese culture. It creates an innovative IP collaborative model first seen in China by combining investment, development and operation. This will bring new sources of revenue for Kidsland and improves the Group's profitability by introducing its own products.Kidsland collaborates with Tencent Video and Original Force in investing, developing and operating "Secret Jewel in the Cave", which is a live-action animation, and represents the first ...

Read More

Fifth Belt and Road Summit opens today

HONG KONG, Nov 30, 2020 - (ACN Newswire) - The fifth Belt and Road Summit, jointly organised by the Government of the Hong Kong Special Administrative Region (HKSAR) and the Hong Kong Trade Development Council (HKTDC), opened today. The two-day event (30 November and 1 December) is being held online this year with a new virtual platform that includes plenary sessions, one-to-one business matching meetings, project pitching sessions and a virtual exhibition, bringing together some 80 ministerial officials and business leaders from countries and regions along and beyond the Belt and Road. The event attracted an audience of more than 6,000 from some 80 countries and regions.The fifth Belt and Road Summit opened today as an online event, covering plenary sessions, one-to-one business matching meetings and project pitching sessions. The first day of the summit marked the beginning of a new business partnership between the Smart City Consortium and Indonesia-based enterprise PT Graha Buana Cikarang, for the purpose of expanding Hong Kong's smart city technology to Southeast Asia.Joko Widodo, President of the Republic of Indonesia, gave a pre-recorded address in which he spoke about how t...

Read More

Sino Biopharmaceutical Announces 2020 Third Quarterly Results

HONG KONG, Nov 30, 2020 - (ACN Newswire) - Sino Biopharmaceutical Limited ("Sino Biopharmaceutical" or the "Company", together with its subsidiaries, the "Group") (HKEX:1177), a leading and innovation-driven pharmaceutical conglomerate in the PRC, has announced its unaudited third quarterly results for the nine months ended 30 September 2020 (the "review period"). During the review period, the Group accelerated new drug development and established an internet ecosystem to strategically pursue its transformation by capturing opportunities arising from industry policies. These efforts were reflected in significant sales growth from new products of 66.9% to RMB6.66 billion, marking a step forward in its transformation.Development Highlights- The Group has achieved considerable sales growth from a number of new products and oncology products, with sales from new products soaring by 66.9% to RMB6.66 billion, representing 36.7% of the total revenue.- The proportion of innovative medicines increased from approximately 20% same period last year to approximately 25%, and a large number of important products will be launched soon.- Sales of oncology medicines amounted to approximately RMB 5,...

Read More

Shineway Pharmaceutical (2877.HK) recorded 29.4% revenue growth for October 2020

HONG KONG, Nov 30, 2020 - (ACN Newswire) - Shineway Pharmaceutical (stock code: 2877.HK) recorded 29.4% revenue growth for October 2020 in comparison with the same period last year, as sales of injection products, soft capsule products, granule products, TCM formula granules, and other dosage forms went up 38.9%, 17.4%, 38.1%, 7.9% and 54.0% respectively. Copyright 2020 ACN Newswire. All rights reserved. www.acnnewswire.com

Read More

Captiva Verde Land Corp. Announces Solargram Farms’ Completion of Successful New Brunswick Outdoor Cannabis Harvest with One of the Highest Reported THC and Terpene Values in Canada

Coquitlam, British Columbia, Nov 30, 2020 - (ACN Newswire) - Captiva Verde Land Corp. (CSE: PWR) (the "Company"), is extremely pleased to announce that Solargram Farms Corporation ("Solargram"), a holder of a Federal Health Canada License to cultivate, test, harvest and sell cannabis, has successfully completed its first large scale cannabis outdoor farm harvest with record THC and terpene results.First Year Harvest ResultsThe Solargram cannabis harvest began on September 17th and was completed on October 30th with final processing completed on November 27, 2020. The Solargram team is credited with a final harvest of approximately 13,000 plants over 350,000 square feet of outdoor farm grown canopy resulting in 15,000 kg of wet cannabis. This harvest is ranked as one of Canada's top single largest, and lowest cost outdoor legal cannabis crop in Canadian history and is also the largest outdoor cannabis crop ever grown and harvested in New Brunswick.Very Low Cost of Production ResultsExceeding expectations, the year one total grow cost of production, including direct labor and direct materials, were CDN $0.05/gram wet; $0.22/gram dry which ranks as one of the top tier, lowest cost of ...