SoftBank-backed Karrot becomes $3.7 billion Korea unicorn

SEOUL (BLOOMBERG) - The start-up behind local-marketplace app Karrot has raised US$162 million (S$220 million) from investors, including DST Global, joining a growing list of unicorns in South Korea that are eyeing global expansion as growth at home plateaus in the wake of a pandemic-driven boom. Danggeun Market's Karrot scored funds at a US$2.7 billion valuation from new investors, including Yuri Milner's outfit and Aspex Management. Existing investors like Altos Ventures and Goodwater Capital also participated, according to co-founder Gary Kim. The firm is backed by a venture arm of Masayoshi Son's SoftBank Group and the new round makes it one of the largest start-ups in Korea. Asia's fourth-largest economy has been minting unicorns and self-made billionaires at a faster rate than ever this year, breaking away from the family-controlled conglomerates, or chaebols, that have traditionally led its economy. Like other Korean start-ups such as Coupang and Krafton, Karrot is preparing to expand internationally in search of a bigger market. "Not many of us imagined that BTS could become a world superstar," Mr Kim said, invoking the South Korean pop sensation during an interview at a ne...

Weak US retail sales data ends streak of Dow records

NEW YORK (AFP) - Wall Street's five-day streak of records ended with a thud on Tuesday (Aug 17) following a lacklustre US retail sales report that exacerbated worries about the latest Covid-19 wave. Retail sales in the United States fell a surprising 1.1 per cent in July compared to June, a far bigger drop than analysts were expecting and mostly the fault of a steep decline in auto sales, the Commerce Department reported. The anaemic sales figure proved a catalyst for a sell-off after both the Dow and S&P 500 notched successive records over the last week. Investors "found enough of an excuse to dial things back," said Briefing.com analyst Patrick O'Hare in an interview, adding "the market was due for a pullback." The Dow Jones Industrial Average dropped 0.8 per cent to 35,343.28. The broad-based S&P 500 shed 0.7 per cent to 4,448.08, while the tech-rich Nasdaq Composite Index fell 0.9 per cent to 16,700.07. The retail sales report came as rising Covid-19 cases prompt fresh restrictions in some parts of the United States. However, analysts do not expect severe restrictions comparable to those enacted in the country at the outset of the pandemic last year. But a wildcard is whether o...

Read More

Parents must plan early for retirement: Panel

SINGAPORE - Singaporeans, especially parents of young children, have to take stock of their financial situation and do their retirement planning early, said a panel on Tuesday (Aug 17). The panel on retirement planning, organised by insurer AIA and The Straits Times, discussed issues related to parents in preparing for old age and retirement. It was moderated by ST Invest editor Tan Ooi Boon, who brought up an AIA survey which found that 60 per cent of Singaporeans face uncertainty in the future by not making retirement planning a priority. Panellist Melita Teo, AIA Singapore's chief customer and digital officer, also noted that parents spend almost 20 per cent of their income on their children, but less than 7 per cent on their own retirement planning. And 70 per cent of them plan to maintain or increase the amount allocated to their children's expenses. Ms Teo said: "Retirement planning is a very strong foundation of our society in terms of financial security, so there are real concerns when families are deprioritising this. The longer they wait out, the tougher it will be for them to be able to live out their later years well and healthily." She noted that such parents face imme...

Read More

Quantron支持宜家家居零排放送货

HONG KONG, Aug 17, 2021 - (亚太商讯 via SEAPRWire.com) - 科轩动力战略伙伴Quantron向奥地利宜家家居发送30辆电动货车。Quantron AG创始人兼首席执行官Andreas Haller(左)向奥地利宜家家居全国客户执行经理Claes Lindgren(右)送交交付车辆的钥匙模型Quantron AG于本周向奥地利宜家家居交付首批100%零排放电动货车。国际家具公司宜家家居已制定目标,将于2030年前实现气候正效益。电动车专家Quantron AG将支持宜家家居实现此目标,并向邻近维也纳的宜家家居物流中心提供30辆环保电动车。总部位于德国的Quantron AG为科轩动力的战略伙伴。Quantron 首辆全电动车Q-Light已于6月在宜家家居的物流中心进行广泛测试。该批电动运输车的续航里程最少为170公里,驱动功率为100千瓦,最大充电功率为70千瓦,最适宜用行走宜家家居店铺至客户送货地址的路线。初期将用于送货到维也纳所有23个市政区以及物流中心方圆30公里范围内的地点。Quantron AG 创始人兼首席执行官 Andreas Haller表示:「我们很高兴能够凭借本身的知识和专长支持宜家家居在实现零排放送货方面迈向重要的一步。Quantron很自豪能够利用我们多年的电动汽车经验和国际网络,帮助宜家家居等企业改为零排放货运。」科轩动力行政总裁Miguel Valldecabres Polop表示:「科轩动力和 Quantron 于 2021 年 7 月 29 日签署了一项换股协议。作为Quantron的投资者和战略合作伙伴,科轩动力对Quantron AG赢得此项新商机深感荣幸。关于科轩动力(控股)有限公司(股份代号:476)科轩动力(控股)有限公司为新能源商用车的先行者和实践者、专用客车和新能源客车整车生产商,在新能源平台化电系统及关键零部件方面有着坚实的技术基础,是出行与物流综合解决方案的供货商。集团在重庆拥有生产基地,并着力开拓中国内地、香港、亚太地区及南美等地的销售网络。关于Quantron AGQuantron AG为清洁电池和氢动力电动汽车系统供货商,为卡车、公共汽车和货车等商用车辆提供服务。Quantron AG还提供广泛的创新服务,包括对二手和现有车辆进行电动化、及构思独特的整体概念,由合用的充电基础设施以至租赁、融资、租赁优惠以及驾驶员培训等。Quantron AG亦向商用车辆、机械和企业内部物流车的制造商销售电池和定制集成电动化方案。Quantron AG总部位于德国巴伐利亚州奥格斯堡,是电动客运、交通和货运领域的先驱和创新力量。可从www.quantron.net 获取更多资料请浏览Quantron AG 的社交媒体LinkedIn ( https://www.linkedin...

Read More

Quantron Supports IKEA’s Emissions-free Delivery

HONG KONG, Aug 17, 2021 - (ACN Newswire via SEAPRWire.com) - Quantron, strategic partner of Ev Dynamics, delivers 30 electric vans to IKEA Austria.Andreas Haller, founder and CEO of Quantron AG (left), hands over a symbolic key for the delivered vehicles to Claes Lindgren, Country Customer Fulfillment Manager IKEA Austria (right)Quantron AG, handed over the first set of 100% emission-free vans to IKEA Austria, this week. The international furniture company IKEA has set itself the goal of becoming climate-positive by 2030. The e-mobility specialist Quantron supports IKEA in this mission and supplies the IKEA logistics center near Vienna with 30 environmentally friendly e-vehicles. The Germany based Quantron AG is strategic partner of Ev Dynamics.Quantron's first all-electric Q-Light was already used for extensive testing at the logistics center in June. With a range of at least 170 km, a drive power of 100 kW and a maximum charging power of 70 kW, the e-transporters are ideally equipped for routes between IKEA locations and customers' delivery addresses. Initially, the vehicles will be used for deliveries to all 23 of Vienna's municipal districts and within a 30 km radius of the log...

Read More

Gaming platform Zupee closes Series B at over $500 Million valuation

New Delhi, India, Aug 17, 2021 - (ACN Newswire via SEAPRWire.com) - Zupee, a leading innovator in India's online skill-based gaming industry, has announced that it has raised $30 million at a pre-money valuation of $500 million in Series B funding round. This round of funding has been co-led by Silicon Valley based WestCap Group and Tomales Bay Capital, with participation from Matrix Partners India & Orios Venture Partners.Dilsher SinghThis round comes within 6 months after its Series A round at a $100 million valuation, which is more than 5x increase in the company's valuation. With total funds raised now at $49 million, Zupee is backed by some of the best in the industry - WestCap Group, Matrix Partners India, Smile Group and Orios Partners. The company has an existing user base of over 10 million users. This new round of funding will be used to enable scaling efforts through expanded product portfolio, deepening market reach and hiring global talent.Founded in 2018 by graduates of India's leading institution IIT Kanpur, Dilsher Singh and Siddhant Saurabh, and incubated with funding from Smile Group, Zupee innovates by reengineering time-tested games and enabling them to enha...

Read More

Electronic Cigarettes Surrounding Third and Fourth Tier Cities in China, What’s the Future?

Hong Kong / TickerInsider / August 17, 2021 / More and more Electronic Cigarettes (Vaping) stores and experience stores are emerging in third and fourth tier cities in China. Mr. Xu from Yichang City, Hubei Province, saw this as a wealth opportunity and wanted to get involved. However, he found that within three months, Electronic Cigarettes stores suddenly increased by more than 60 in the area he visited. ——-Smoore International Holdings Limited (HKSE:6969.HK)Country: CN, Currency: HKD Trade Date: 2021-08-16Open: $45.15, Close: $42.95, Low: $42.75, High: $45.75, Change: $-2.20 Description: Smoore International Holdings Limited, an investment holding company, engages in the provision of vaping technology solutions in the United States, the People’s Republic of China, Hong Kong, Japan, Switzerland, the United Kingdom, France, and internationally. It offers closed system vaping devices and vaping components for tobacco companies and independent vaping companies. The company also provides open system vaping devices for retail clients under the Vaporesso, Renova, and Revenant Vape brands. Smoore International Holdings Limited was founded in 2009 and is headquartered in Shenzhen, the Pe...

Read More

KGiSL wins Common infrastructure for Brokers Back Office Project from Stock Exchange of Thailand

India / Malaysia, Aug 17, 2021 - (ACN Newswire via SEAPRWire.com) - KGiSL, a global IT Products, Solutions, and Services provider, today announced the landmark contract that was won by KGiSL against significant competition from one of the largest stock exchanges in the ASEAN, The Stock Exchange of Thailand (SET). KGiSL will rollout Dolphin - a state of the art, cutting-edge technology back-office (BO) platform for brokers in Thailand. The platform will be hosted by SET and will be made available to brokers. The implementation is expected to be completed in the next 16 months.KGiSL's flagship product for Capital Markets - Dolphin, caters to 60% of the leading institutional brokers in India by supporting their back-office clearing and settlement operations. The new platform is set to become the one-stop-shop solution to the brokers of Thailand with its ability to handle multiple asset classes including Equities, Bonds, and Offshore Trading, for both retail and institutional brokers. The next generation technology platform has been tested for handling 5 million trades/ day and has the potential capability to scale vertically and horizontally, to support any increase in business volume...

Elderly woman’s hip fractured after maid pushed her to hurry her along: Court

SINGAPORE - Frustrated with the number of chores she had on top of having to care for an elderly woman, a maid pushed her charge, causing the 85-year-old woman to fall and fracture her hip. On Tuesday (Aug 17), Kyu Kyu Aye was jailed for two months for committing a rash act causing grievous hurt. The 41-year-old maid from Myanmar was employed by the family for about six years, and was tasked with handling the chores and caring for the victim. The court heard that the elderly woman's legs were weak and she tended to fall. On a day in August last year, the woman was walking to the kitchen slowly, and Kyu Kyu Aye wanted to hurry her along. The maid pushed and pulled the woman a few times, and at some point pushed her behind her neck or head, causing the victim to fall. The incident was captured by a security camera in the home. The victim was taken to hospital and found to have sustained a fractured hip. Assistant Public Prosecutor Lydia Goh urged the court to jail the maid for two to three months. She said the victim was not capable of protecting herself, and that the maid knew her charge was a vulnerable person. The APP added that Kyu Kyu Aye had also used force on the victim when s...

A year in jail for man who burned maid’s left forearm with heated metal spatula

SINGAPORE - After a drinking session, an intoxicated man picked up a heated metal spatula and used it to burn his domestic helper's left forearm on Oct 18, 2018. Rajamanickam Suresh Kumar came home drunk again the next day and pulled the woman's left wrist before pushing her into her room. The 35-year-old offender was on Tuesday (Aug 17) sentenced to a year's jail. After a trial, District Judge Ronald Gwee had earlier found him guilty of one count each of assaulting and using criminal force on Indian national Vadivel Gowthami. Deputy Public Prosecutor Thiagesh Sukumaran had said in his submissions that Rajamanickam's wife was Ms Vadivel's employer. It was the maid's first time in Singapore and she did not know anyone here except for her husband's aunt who also worked as a domestic helper. Ms Vadivel, who earned $400 a month, started working at Rajamanickam's Jurong West flat in April 2018. She worked six days a week and was tasked to perform chores including cleaning and cooking. The DPP said that the maid later stated that she felt tired every day. She lodged a complaint to her agent in July 2018, stating that she wanted to return to India. Soon after, the agent told Rajamanickam'...

S’poreans highly aware of environmental issues but adoption of green practices lags: OCBC climate index

SINGAPORE - The average Singaporean is highly aware of environmental issues, adopts many green practices some of the time, and advocates some of these issues and practices to friends and family. These are the findings of a climate index launched on Tuesday (Aug 17) by OCBC Bank in partnership with Eco-Business, a media and business intelligence company. OCBC said it hopes to raise awareness about environmental issues and inspire people to modify their lifestyle and act responsibly. Singapore, in recognition of the existential threat climate change poses to the island, unveiled its Green Plan 2030 earlier this year. Under the Paris Agreement, Singapore is committed to halve carbon emissions by 2050. The inaugural OCBC Climate Index national average came at 6.7 points - with Singaporeans scoring an average of 8.3 for awareness, 6.5 for adoption and 5.6 for advocacy. About 54 per cent of respondents had scores of between 6 and 7.9, while 30 per cent had scores of 4 to 5.9. The highest score was 9.5, with about 15 per cent of respondents scoring between 8 and 10. The lowest average was 3.1, and just 1 per cent had scores of 2 to 3.9. The index also showed that Singaporeans had high awa...

MOE to roll out AI-enabled marking system for English Language writing by 2023

SINGAPORE - A new artificial intelligence-enabled marking system that will help students with English Language (EL) writing is set to go live in schools here in about two years. The Ministry of Education (MOE) is developing an automated marking system to help correct grammar, sentence structure and expression in English, according to tender documents seen by The Straits Times. Please subscribe or log in to continue reading the full article. Get unlimited access to all stories at $0.99/month Latest headlines and exclusive stories In-depth analyses and award-winning multimedia content Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months* Subscribe now *Terms and conditions apply.

国美大股东高溢价增持必有后着 业绩腾飞的起点

HONG KONG, Aug 17, 2021 - (亚太商讯 via SEAPRWire.com) - 在内地商圈中,「黄光裕」这三个字几乎无人不晓,代表着中国经济改革开放后持续腾飞的黄金年代。从白手兴家到成为商圈名仕,其创新的零售模式更是各大商学院学生常常用作论文的研究案例。今年,他正式回归到由他一手创立、至今超过34年半的国美零售 (0493),并在短短几个月内以雷霆扫穴姿态作出一系列举措,赋能国美的在线线下双平台新零售模式,并取得亮丽佳绩。日均活跃用户两年累增近十倍在「家‧生活」战略引领的新零售模式下,今年以来,国美先后推出「真快乐」APP、定制各种潮流购物新玩法、扩大全场景的全品类库存量单位 (Stock Keeping Unit, SKU) 及定制服务、加强在线引流及线下门店展厅导购功能、深化布局全国门店网络,以至重塑国美自身的全国物流系统。通过这一连串动作,国美业务持续稳步扩张。据最新数据显示,今年618期间,「真快乐」全网日均活跃用户 (Daily Active User, DAU) 同比2019年增长270.32%,同比2020年增长189.11%;全网新增访客量总占比达78.83%,同比2020年增长114.32%,支付人数也创下新高。月活人数预期年底突破六千万不仅如此,平台的商品交易总额 (Gross Merchandise Volume, GMV) 在环比层面也有较大提升,于4、5、6月期间呈现环比不断提升的过程。目前,国美零售线上线下会员数已达2.0至2.5亿,月活人数由过去的3,000至4,000万增长至当前约5,000万,按此势头,预期年底更有望突破6,000万大关。日活人数方面,现已突破百万,达到200至300万水平。在此坚实基础上,国美未来绝对有力进一步扩大其新零售市场份额,重塑中国新零售格局。能够取得如此佳绩,除了领导者独特的眼光和部署,也益于国美自身沉淀多年的强大供应链资源、全国实体门店及物流网络,以及精准的布局。从2019年完成门店的「一店一页」数字化基础建设、2020年疫情大考中站稳,到2021年新零售赛道上狂奔,国美展示出让人期待的「新装」。而这「新装」的背后,还有不少同路人的支持,包括京东、拼多多、国企深控旗下的怡亚通等。未来门店布局将主要分为三种在新零售消费模式的重塑趋势下,国美亦再次发功,在线上赋能线下的同时,亦打造线下门店全场景多功能化,为在线导购引流。据国美管理层早前向媒体透露,未来的门店布局将主要分为三种:购物中心 (shopping mall) 形式的大型城市展厅 (门店规模约十余万到数十万平米);提供场景、体验解决方案为主的中型陈列厅;以及更加贴近小区的国美驿站 (门店规模约几百平米)。其中,大型综合体验类门店除零售场景外,还将引入更多娱乐化场景,如餐饮、电影院等,供用户玩、逛,打造国美的独特城市展...

Highest financial aid of $225k paid to two patients for serious side effects from Covid-19 vaccine: MOH

SINGAPORE - Two patients suffering from serious side effects related to the Covid-19 vaccine have each received the highest payout of $225,000 in government financial aid so far, said the Ministry of Health (MOH). One of them is a 16-year-old boy who suffered a cardiac arrest after his first dose of the Covid-19 vaccine. The boy is currently undergoing inpatient rehabilitation. "The Tier 1 payout of $225,000 has been extended to a total of two applicants so far, including this case," an MOH spokesman told The Straits Times late at night on Monday (Aug 16). The spokesman did not provide details of the second case and whether it was related to the Pfizer-BioNTech/Comirnaty vaccine. Under the Vaccine Injury Financial Assistance Programme (VIFAP) rolled out earlier this year, a one-time payout will be given to those who experienced medically significant serious side effects. This is to give a greater peace of mind for those taking Covid-19 vaccination. MOH added that a total of of $782,000 has been paid out, or is in the process of being paid out, to 144 applicants who have been assessed to have met the qualifying criteria for VIFAP. MOH said on Monday (Aug 16) that the 16-year-old boy...

Insurer AIA posts jump in first-half new business value, raises dividend

HONG KONG (REUTERS) - Insurer AIA Group raised its interim dividend on Tuesday (Aug 17) and posted a jump in first-half new business value, as it recovered from pandemic-led business disruptions in its main markets of China and Hong Kong. The Asia-focused insurer's value of new business (VONB), which measures expected profits from new premiums and is a key gauge for future growth, rose by 22 per cent to US$1.81 billion (S$2.45 billion) in the January to June period. VONB jumped 24 per cent in AIA's largest market of mainland China, helping the company increase its interim dividend by 8.6 per cent to 38 Hong Kong cents per share. "All reportable segments exceeded pre-pandemic levels of the first half of 2019, except Hong Kong, where ongoing travel restrictions have affected new business sales to Mainland Chinese visitors," chief executive Lee Yuan Siong said. In Asia, insurance firms mainly rely on their army of agents for product sales, which have been dented by lockdowns and social distancing measures put in place by various countries to contain the coronavirus pandemic. AIA said in June it had agreed to buy a 25 per cent stake in China Post Life Insurance for US$1.86 billion, as ...

Dasin Retail Trust says business fundamentals ‘reasonably sound’ despite significant liabilities

SINGAPORE (THE BUSINESS TIMES) - Dasin Retail Trust (DRT) said its business fundamentals are "reasonably sound" throughout the protracted Covid-19 crisis, and expects to generate sufficient cashflow to meet working capital needs. It gave its response on Monday (Aug 16) to several queries from the Singapore Exchange (SGX), in relation to the group's "significant" current liabilities of $557.2 million and cash and bank balance of only $123.98 million for the first half ended June 30. DRT said the current liabilities were mainly due to the re-classification of $242 million and US$134.29 million (S$182 million) offshore syndicated term loan equivalent to $422.66 million in aggregate of the group, and 375.15 million yuan (S$78,143,000) onshore syndicated term loan of the group, which are due and payable on Dec 19, 2021. The group is in "active negotiations" with the lenders and believes the refinancing of the term loans is achievable within the stipulated timeframes, based on indicative terms discussed with the lenders. In considering its payment obligations in the next 12 months, DRT said it has sufficient cash and cash equivalents; and expects that adequate cashflow will be generated ...

US stocks end mostly higher, shrugging off early weakness

NEW YORK (AFP) - Wall Street stocks shrugged off early weakness and finished mostly higher Monday (Aug 16) setting fresh records ahead of earnings reports from large US retailers and key economic releases. Major indices opened the session solidly lower, weighed down by disappointing Chinese economic data and rising expectations that the Federal Reserve will soon announce the phaseout of stimulus measures. But equities shrugged off the early losses, with bargain hunters stepping up purchases as the session progressed. The Dow Jones Industrial Average ended at 35,625.40, up 0.3 per cent to close at a fifth straight record, finishing nearly 400 points above its low earlier in the day. The broad-based S&P 500 gained 0.3 per cent to 4,479.70, also ending with a fifth straight record. But the tech-rich Nasdaq Composite Index declined 0.2 per cent to 14,793.76. This week's calendar features earnings from large retailers including Walmart and Home Depot, as well as US data on July retail sales and housing starts. The schedule also includes the release of minutes from the Fed's July policy meeting which could provide further insight on tapering the central bank's massive bond-buying program...

中原建业(9982.HK)公布2021年中期业绩 收入增长32%,派息比例高达65%

HONG KONG, Aug 16, 2021 - (亚太商讯 via SEAPRWire.com) - 中原建业有限公司(「中原建业」或「公司」;股份代号:9982.HK),一家中国领先的房地产代建公司,今天公布截至二零二一年六月三十日止(「回顾期」)未经审核中期业绩。受惠于国内地产行业持续回暖及公司之大中原战略。于回顾期内,中原建业收入为人民币约6.35亿元,较去年同期增长32%;净利润为人民币约3.62亿元,较去年同期增长20%;核心净利润为人民币约3.80亿元,较去年同期增长25.6%;每股盈利约为0.12元,上升17.8%。董事会宣布派发截至二零二一年六月三十日止中期股息每股8.60港仙。2021年上半年,随着全球疫情形势好转,世界经济逐步复苏。中国经济出现强势复苏态势。于回顾期内,中原建业在管项目250个,累计进驻116个市县,其中省内99个市县;省外6省、17个市县,项目涵盖河南、安徽、山西、陕西、河北、新疆、海南七省。公司在管建筑面积达3,008.5万平方米,较同比增长25.2%。新签约代建项目52个,面积573.4万平方米,同比增长21.5%;其中省外在管面积225万平方米,同比增加145.0%。秉承母公司建业集团综合能力持续提升、品牌影响力不断扩大、河南根据地不断巩固、团队信心不断增强。同时在集团的省域化战略、新蓝海战略的基础上,启动了大中原战略,中原建业作为建业集团大中原战略的排头兵,积极推动大中原地区的项目投资拓展。于回顾期内,公司主力开拓河南省项目,该部分收入录得人民币约5.96亿元,同比增长26.5%,而河南省外项目收入录得约人民币3,863万元,同比增长307.8%。中原建业有限公司主席兼非执行董事胡葆森先生表示:「中原建业除了自身发展优势外,更受惠于中国经济出现强势复苏态势。作为内陆开放高地的河南省,近几年综合交通枢纽优势不断提升,产业转型升级强力推进,中原城市群带动城乡一体发展、释放巨大市场需求。另一方面受益于房地产市场的政策环境和趋势演化,房地产代建市场拥有广阔的发展机遇。」2021年上半年中国GDP同比增长12.7%,世界银行预计全年中国经济增长8.5%,为企业的发展提供了积极的利好环境。今年5月27日,「让世界变轻」首届中国代建价值峰会发布《代建行业蓝皮书》,预测2021年代建行业渗透率将达4.8%,而相较于欧美国家20%-30%的渗透率,中国代建行业渗透率仍有5.2倍的增长空间,赛道广阔,未来发展前景可观。展望未来,胡葆森先生表示:「行业赛道不断加宽,行业持续发展的潜力不断释放,公司将以产品和服务为中心,稳步推进项目全流程精细化管理体系,在管理红利时代,打造中原建业的核心竞争力,推动本集团由代建领先企业成长为领军企业。」 Copyright 2021 亚太商讯. All rights reserved. (via S...

CCMGT (9982.HK) Announces 2021 Interim Results, Revenue Increased 32%, Dividend Payout Ratio Reached 65%

HONG KONG, Aug 16, 2021 - (ACN Newswire via SEAPRWire.com) - CENTRAL CHINA MANAGEMENT COMPANY LIMITED ("CCMGT" or the "Company", stock code: 9982.HK), a leading property project management company in China, today announces its unaudited interim results ended 30 June 2021("Review Period"). During the Review Period, benefited from the PRC domestic property sector continued to recover and the Greater Central China strategy of the Company, the revenue of the Company increased 32% to approximately RMB635 million as compared to the same period of 2020. Net profit amounted to approximately RMB362 million, representing an increase of 20% as compared with the same period last year. Core net profit amounted to RMB380 million, an increase of 25.6% as compared to the same period of 2020. The earnings per share increased 17.8% to RMB0.12 cents. The Board of Directors declared an interim dividend of HK8.60 cents per share for the six months ended 30 June 2021.During the first half of 2021, the world economy gradually recovered owing to the improved global COVID-19 situation. The Chinese economy is on a solid recovery track. During the Review Period, CCMGT owned 250 projects under management and ...

Read More

Highly Accoladed Digital Entrepreneur Kristof Schoffling to Disrupt Blockchain Space with Move Digital

Mahe, Seychelles, Aug 16, 2021 - (ACN Newswire via SEAPRWire.com) - For Kristof Schöffling, building and scaling digital services and products is not an unfamiliar venture. With Kristof Schöffling's latest venture, the highly accoladed digital entrepreneur seeks to provide the most comprehensive turnkey services to enterprises seeking to introduce decentralized ledger technology (DLT).Kristof Schöffling has previously been featured in mainstream media outlets including Bloomberg, Business Insider, Yahoo and Yahoo Finance. His appearance in these outlets was earned after over a decade of building and scaling businesses in the digital space. His ventures have included online retail sales, online gaming, online payments and most recently DLT.Kristof Schöffling has built close relationships with some of the DLT companies that are on the frontier of innovation in the space. He counts Ethereum core developers, the Polygon founding team, and team behind the industry-leading oracle solution Chainlink among the industry professionals that he regularly communicates with. Through his latest enterprise blockchain company Move Digital, Kristof Schöffling helps various enterprises implement the ...