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ZJLD Group Recorded Revenue of more than RMB7 Billion for FY2023 Annual Results

The Premiumization Strategy Saw Outstanding Results, and Brand Reputation Steadily Escalated HONG KONG SAR – Media OutReach Newswire – 26 March 2024 – ZJLD Group Inc. (“ZJLD” or the “Company”, together with the Company’s subsidiaries, collectively the “Group”) (SEHK stock code: 06979. HK), an outstanding representative in the Chinese baijiu industry and the first baijiu company listed in Hong Kong Stock Exchange, is pleased to announce its […]

Kerry Logistics Network Announces 2023 Annual Results

HONG KONG SAR – Media OutReach Newswire – 26 March 2024 – Kerry Logistics Network Limited (‘Kerry Logistics Network’ or together with its subsidiaries, the ‘Group’ or ‘KLN Group’; Stock Code 0636.HK) today announced the Group’s annual results for 2023. Group’s Financial Highlights Revenue* decreased by 42% to HK$47,408 million (2022: HK$82,330 million) Core operating profit* dropped by 61% to HK$2,207 million (2022: HK$5,645 million) Core net […]

Border And Business Expansion: China’s Twin Pressure On India

Asian Markets Take a Breather After Wall Street’s Record-Setting Rally

Asian stock markets displayed a mixed performance on Tuesday, March 26th, following a cautious start to the week on Wall Street. The previous week saw the U.S. markets reach record highs, but investor sentiment appears to have shifted towards profit-taking and consolidation. Japan’s Nikkei 225, which had initially attracted interest in chip-related stocks, reversed course and dipped by nearly 0.2% in morning trading. This suggests a pullback […]

NICE Rapid Empowers Creativity with Liquid Silicone for Resin Jewelry Making

NICE Rapid works exclusively with liquid silicone rubber molding as a premier injection molding firm. New York, US – March 26, 2024 — NICE Rapid, a leading provider of innovative manufacturing solutions, is excited to announce its commitment to empowering creativity through the use of liquid silicone for resin jewelry making. With the growing popularity of resin jewelry among artisans and crafters, NICE Rapid aims to provide […]

BaTeLab Announces 2023 Annual Results

Revenue Up 31.6% Gross Profit Margin Reached Over 55% Actively Consolidates its Core Competitiveness of “EDA+IP+Design” Continued to Focus on High-end Industrial-grade Analog IC Patterned Wafer Business HONG KONG SAR – Media OutReach Newswire – 26 March 2024 – BaTeLab Co., Ltd. (“BaTeLab” or the “Company”; stock code: 2149) announced its annual results for the year ended 31 December 2023. Revenue amounted to approximately RMB 464 million, […]

Saudi Aramco Seeks Broader Alliance with China

Saudi Arabian oil giant Saudi Aramco is signaling its ambition for a more comprehensive partnership with China, moving beyond a traditional supplier-customer relationship. Amin Nasser, CEO of Aramco, expressed this intent during a recent development forum in Beijing. Nasser emphasized China’s growing significance and outlined a desire for collaboration spanning multiple sectors. While energy remains a core focus, Aramco is eager to extend its engagement with China […]

The National Anti-Corruption Commission Thailand joins forces with international agencies to focus on preventing and suppressing transnational corruption

BANGKOK, THAILAND – Media OutReach Newswire – 25 March 2024 – As emerging with rapid digitalization that paves the way for transnational corruption, the National Anti-Corruption Commission (NACC), Thailand further tightened its collaboration with international organizations in tackling new tactics and complicated illicit activities in accordance with global standards. The NACC’s Secretary-General, Mr. Niwatchai Kasemmongkol recently met with representatives of the Nordic Police Liaison Office, led by […]

Volvo Cars taps TDCX to enhance customer experience for Europe

BUCHAREST, ROMANIA – Media OutReach Newswire – 21 March 2024 – TDCX, (NYSE: TDCX), an award-winning digital customer experience (CX) solutions provider for technology and blue-chip companies, announced that it had partnered with Volvo Cars in going the extra mile for its customers in several markets in Europe. TDCX provides customer care services in more than seven languages across multiple channels including phone, email and social media. […]

Best Mart 360 Announces Results for the 9 Months Ended December 2023

Proposed a final dividend of HK6.0 cents per share Highlights: Revenue recorded approximately HK$1,930.8 million. Gross profit recorded approximately HK$694.3 million. Operating profit recorded approximately HK$213.6 million. Profit attributable to owners of the Company recorded approximately HK$168.3 million. As at 31 December 2023, the Group operated a total of 167 chain retail stores, including 159 retail stores in Hong Kong, 7 retail stores in Macau and 1 […]

Leung & Hedou Crowned Champions of the Goodman Healthy Hike & Run

HONG KONG SAR – Media OutReach Newswire – 13 March 2024 – The 2024 Goodman Healthy Hike & Run took place, a spectacular display of athleticism and a celebration of the city’s breathtaking trails. Over 550 competitors from Hong Kong and around the world gathered to participate in this incredible event. In an extraordinary feat, local Hong Kong runner Leung Son Keng and Sophie Hedou (France) emerged […]

Hi Sun Technology (Hi Sun) Product Launch: Financial Technology Innovation, Empowering the Future of Banking

HONG KONG SAR – Media OutReach Newswire – 23 March 2024 – Hi Sun is one of the earliest core banking system suppliers in China with independent intellectual property rights. It has been dedicated to the construction of the banking system for more than 20 years, serving domestic and foreign banks. The Core banking system product IBS Core of Hi Sun servers for customers in more than […]

Heartfelt Generosity: Adrian Cheng and Natalia Vodianova Arnault Celebrate the Success of The Children Ball in Support of Children with Special Needs

The WEMP Foundation and Naked Heart France Co-organise ‘A Night of Infinite Hearts, A World Where Every Child Can’ HONG KONG SAR – Media OutReach Newswire – 22 March 2024 – The WEMP Foundation (WEMP) and Naked Heart France are celebrating the success of their inaugural collaborative charity event to support a critical and often overlooked aspect of society — children’s well-being. The Children Ball – ‘A […]

Kaisa Prosperity 2023 Revenue from Property Management Services and Community Value-Added Services Up 7.2% and 13.2% y-o-y Management Scale Reached a New Level

Total GFA under Management Up 8.2% to 102.3 million square meters HONG KONG SAR – Media OutReach Newswire – 22 March 2024 – Kaisa Prosperity Holdings Limited (the “Kaisa Prosperity” or the “Company”, together with its subsidiaries, the “Group”; SEHK stock code: 2168) announced the audited annual results of the Group for the year ended 31 December 2023 (the “Reporting Period”). As one of the leading urban […]

Palestinians may be more accommodating than Israelis

James M Dorsey A just-published Palestinian public opinion survey offers pointers for what a successful transition from the devastating Gaza war to a resolution of the Israeli-Palestinian conflict will have to entail. The survey’s pointers take on added significance as the United States, Europe and Arab states seek to turn the fallout of Hamas’ October 7 attack on Israel and the carnage caused by Israel’s assault on the Strip […]

Hong Kong PropTech Association 41 Awards Unveiled at the PropTech Excellence Awards 2024, Paving the Way for Smart Cities

HONG KONG SAR – Media OutReach Newswire – 22 March 2024 – The inaugural “PropTech Excellence Awards” jointly organized by the Hong Kong PropTech Association (HKPTA) and Hong Kong Cyberport Management Company Limited was successfully held on 21 March 2024 at Cyberport. Distinguished attendees included Ms Winnie HO Wing Yin, JP, the Secretary for Housing of the Hong Kong Special Administrative Region Government and Ms. Lillian CHEONG […]

Diamond Federation of Hong Kong’s “Happy Hong Kong Natural Diamond Grand Lucky Draw” Successfully Concluded with Prizes Worth Over HKD 6 Million Holiday Shopping Fervor Drives Business Prosperity

HONG KONG SAR – Media OutReach Neswire – 21 March 2024 – The “Happy Hong Kong Natural Diamond Grand Lucky Draw”, jointly presented by the Diamond Federation of Hong Kong (DFHK) and over 350 participating jewellery shops, launched on December 1, 2023 has successfully concluded. The campaign received an enthusiastic response, with 157 prize winners and prizes totalling over HKD 6 million in natural diamonds and shopping […]

Stella Well Ahead of Schedule in Meeting Growth and Margin Expansion Targets in 2023

Well-Positioned to Capture Opportunities with Strong Net Cash Position Highlights: Well ahead of schedule in meeting operating margin and profit after tax CAGR target levels set out under our Three-Year Plan (2023 – 2025) Average selling price (“ASP) increased by 4.2% Further enhancement of customer portfolio, led by Luxury and high-end Fashion categories Rationalisation of the Group’s retail operation in Mainland China and exited all other physical […]

53% of Hong Kong Firms Target GBA for Growth, Driven by Innovation and Market Potential

HONG KONG SAR – Media OutReach Newswire – 21 March 2024 – The Page Insights C-suite Confidence Insights report for 2024 has unveiled findings, highlighting the Greater Bay Area (GBA) as the epicenter of business expansion and innovation for Hong Kong companies. An impressive 53% of businesses in Hong Kong are setting their sights on the GBA, incentivised by its expansive market opportunities, technological innovation and supportive […]

Dubai Aerospace Enterprise Secures US$420 Million Cash Injection

Dubai Aerospace Enterprise (DAE), a leading player in the global aviation services sector, announced the signing of a significant financing agreement on March 20, 2024. The company secured a US$420 million, five-year unsecured term loan from China Construction Bank (DIFC Branch) and China Construction Bank (Asia) Corporation Limited (CCB). This strategic move strengthens DAE’s financial flexibility and provides a crucial cash injection to support the company’s future […]

DAE Bolsters Financial Runway with US$420 Million Loan

Dubai Aerospace Enterprise (DAE), a leading player in global aviation services, has secured a significant financial boost with a new US$420 million, five-year unsecured term loan. The agreement, finalized on March 20, 2024, involves China Construction Bank (DIFC Branch) and China Construction Bank (Asia) Corporation Limited (CCB) and signifies a strategic move for DAE. Firoz Tarapore, Chief Executive Officer of DAE, expressed his enthusiasm about the deal, […]

Dubai Gears Up for Surge in Chinese Visitors at Arabian Travel Market

The upcoming Arabian Travel Market (ATM) 2024, scheduled for May 6th to 9th at the Dubai World Trade Centre, is anticipating a significant boost in participation from China. Organizers expect to welcome more than double the number of Chinese exhibitors and travel professionals compared to the 2019 edition of the event. This surge reflects China’s rebounding outbound travel sector following the easing of COVID-19 restrictions in January […]

Borse Dubai’s Nasdaq Stake Sale: Hot Debate on Reasons

Arabian Post Special The decision by Borse Dubai, the largest shareholder in Nasdaq, to sell a third of its stake for $1.6 billion has sent ripples through the financial world. The move raises questions about Borse Dubai’s long-term strategy and its potential impact on the Dubai government’s reputation as a reliable investor. While Borse Dubai claims the sale is to “enhance capital structure and liquidity,” several factors […]

AS Watson Group Appoints Clarice Au as the Managing Director of MoneyBack

HONG KONG SAR – Media OutReach Newswire – 20 March 2024 – AS Watson Group announced the appointment of Clarice Au as the Managing Director of MoneyBack, one of the largest loyalty programmes in Hong Kong. In her new role, she will be responsible for leading the MoneyBack, driving innovation and bringing endless exciting rewards to members across Hong Kong. Dominic Lai, Group Managing Director of AS […]