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Launched market-first Door-to-Door Luggage Repair Service for Travel Insurance customers

HONG KONG SAR – Media OutReach Newswire – 28 July 2026 – MSIG Insurance (Hong Kong) Limited (“MSIG”) today published its 2025 Claims Report, highlighting a fifth consecutive annual rise in its claims settlement ratio since 2020, strong performance across key classes, and new customer-focused travel innovations.

In 2025, MSIG honoured HK$359 million in claims in Hong Kong and Macau and achieved a 94.7% claims settlement ratio, up from 91.1% in 2020, reflecting the insurer’s sustained commitment to extraordinary claims service and role as a trusted partner. Employees’ Compensation Hong Kong recorded a 99.87% settlement ratio, followed closely by Helper (97.57%) and Travel (96.27%).

This year’s report shows significant progress in its customer-first approach – with an over 11% year-on-year increase in compliments received from customers, as well as 100% of the insurer’s 2025 Google reviews being 5-star rated.

Philip Kent, Chief Executive Officer of MSIG Hong Kong, said: “In a year of rapid change, our teams have stayed close to our customers and continued to put forward products and services that have truly helped when it mattered most. That’s what a customer-first mindset is all about and the results are clear from this year’s claims report. From innovative travel protection to extraordinary claims servicing, we continue to invest in bringing unique-to-market product features to our customers as their trusted partner, and are fully committed to further enhancing our service experience to deliver the assurance they need at every stage of their life journey.”

MSIG’s innovations in Travel Insurance also earned notable industry recognition in 2025 and 2026, reinforcing the strength of the offerings and the value they are delivering to customers:

• Won the Travel Insurance category at the 10Life 5-Star Insurance Awards 2026
• Top 3 Finalists in “Most Innovative Product/Service Award (General Insurance)” at the Hong Kong Insurance Awards 2025

New Travel Insurance services

In April 2025, MSIG launched two travel services designed to make support faster and more seamless. The market-first Door-to-Door Luggage Repair Service completed 135 luggage repair requests from April to December 2025, equal to 16% of all luggage damage claims, while Overseas Medical Teleconsultation simplifies access to care while travelling abroad. These new services reflect innovation in an area where customers value convenience, speed and reassurance.

MSIG built on that momentum in October 2025 with upgraded Travel Insurance products that added new benefits, including Cancellation of Journey for Any Reason. The enhancement gives travellers greater flexibility and strengthens MSIG’s position in a critical category where expectations are rising around responsive, real-world protection.

Beyond travel, the report highlights a wide range of cases of MSIG’s broader focus on customer-centred claims service across personal and commercial lines – demonstrating a commitment not only to efficient claims handling, but also to helping customers navigate disruption and move forward.

Hashtag: #MSIG

The issuer is solely responsible for the content of this announcement.

About MSIG Insurance (Hong Kong) Limited (“MSIG”)

MSIG is a wholly owned subsidiary of Mitsui Sumitomo Insurance Co Ltd and a member of the MS&AD Insurance Group, Asia’s leading general insurance brand with presence in 50 countries and regions globally. The Group is amongst the world’s top 10 insurance groups based on gross revenue and one of Japan’s leading insurers with A+ Stable credit rating. With over 40,000 employees world-wide, MSIG is represented in all ASEAN markets as well as in Australia, New Zealand, Hong Kong, Mainland China, Korea, India and Taiwan.

MSIG has been providing general insurance solutions to customers in Hong Kong for more than 170 years, dating as far back as 1855. We offer a wide range of solutions and services through an extensive distribution network including agents, brokers, and strategic partnerships with leading banks as well as growing collaborations with digital and consumer platforms.

The round brings HiDream.ai’s total financing over the past three months to more than RMB 2.1 billion and marks its entry into unicorn status

BEIJING, CHINA – Media OutReach Newswire – 27 July 2026 – HiDream.ai, a global large-model AI technology company, has announced the completion of a RMB 1.5 billion Series C financing round. The round was co-led by the National Social Security Fund Sichuan Revitalization Sci-Tech Innovation Fund, ICBC Capital, Hongyi Asset Management and Dunhong Capital.

New investors including Xiamen ITG Capital, Shanghai Film New Vision Fund, Hubei Yangtze River Industry Investment Group, Huace Film & TV, Hangyuan Capital, Chuangyunhai Capital, Huafu Investment, Yuhang Financial Holding, Bank of Communications Capital and Wakamatsu Fund also participated. Existing shareholders including Hefei Industrial Investment, Fortune Capital, Kingpo Investment, Jinhua Capital, Zhongzhe Capital and Caixin Capital continued to back the company.

The round brings together national-level long-term capital, regional government-backed investment platforms, industry investors and venture capital firms. HiDream.ai said the funding will support its development of native omni-modal world models and the expansion of its product and commercial ecosystem.

The Series C follows two earlier rounds completed within the past three months, bringing HiDream.ai’s total financing during the period to more than RMB 2.1 billion. With the latest round, the company has entered unicorn status.

“Forward-looking judgment on AI technology and continued innovation in large-model architecture have always been core to HiDream.ai’s growth,” said Mei Tao, founder and CEO of HiDream.ai. “We believe the evolution from multimodal AI to native omni-modal world models is an essential path toward AGI. With this funding, we will continue building the foundation for native omni-modal world models and work with global developers and partners to expand the boundaries of intelligence.”

Long-term Capital Backs HiDream.ai’s AI Roadmap

The round includes national-level long-term capital, technology-focused financial investors and multiple regional government-backed investment platforms.

The participation of the National Social Security Fund Sichuan Revitalization Sci-Tech Innovation Fund as a co-lead investor reflects growing institutional support for foundational AI technologies and critical AI infrastructure.

Regional investment platforms including Hefei Industrial Investment, Xiamen ITG Capital, Yuhang Financial Holding and Hubei Yangtze River Industry Investment Group also participated or increased their exposure, providing support across capital, industrial resources and application scenarios.

Existing shareholder Hefei Industrial Investment has backed HiDream.ai across three consecutive rounds, underscoring long-term confidence in the company and its alignment with Hefei’s strategy to develop a hard-tech and AI innovation hub.

HiDream.ai said support from long-term institutional capital and regional government-backed investors will help provide full-cycle backing for model research, product development and industrial deployment.

Industry Investors Deepen Content and Entertainment Partnerships

The Series C round also introduced leading film and entertainment industry investors, including Shanghai Film New Vision Fund and Huace Film & TV.

HiDream.ai said these partnerships will expand its access to film and entertainment resources, production scenarios and high-quality content data, supporting innovation in AI-native content production.

The company has been working with Shanghai Film Co., Ltd. on next-generation content production, cinema scenario upgrades, AI-powered cross-screen marketing, and AI-enabled large-screen production standards and workflows.

HiDream.ai also plans to collaborate with Huace Film & TV on AI agent-assisted content creation, corpus co-development, premium content co-production and full-chain IP development.

Together with earlier cooperation with Hubei Yangtze River Film Group, the addition of Shanghai Film New Vision Fund and Huace Film & TV further expands HiDream.ai’s role in China’s film and entertainment ecosystem and provides richer data and application scenarios for its video models.

From Native Omni-modal Models to World Models

HiDream.ai is among China’s earliest companies focused on multimodal generative AI. Built on its self-developed HiDream model family, the company has developed a portfolio of AI products and a global commercial network across content creation, marketing, and film and entertainment production.

Earlier this year, HiDream.ai’s native omni-modal HiDream-O1 model series, based on its original UiT, or Unified Transformer, architecture, achieved leading results on the text-to-image leaderboard of Artificial Analysis, a global independent AI model evaluation and analytics platform. The open-source version ranked first globally, while the closed-source version ranked among the global top three, positioning HiDream.ai among the leading players in visual generative AI.

At the product and commercialization level, HiDream.ai is pursuing a dual-engine strategy combining foundation models and AI agents. Built on the HiDream-O1 model series, its “1+1+3” framework includes one foundation model, one Token Hub platform for standardized model capability output, and three application areas: commercial marketing, film and entertainment production, and content creation.

At WAIC 2026, HiDream.ai introduced vivago R1, a multimodal creative agent with long-form video generation and editing capabilities. The “R” in R1 stands for long-horizon reasoning, reflecting a shift in AI-assisted creative production from generating isolated assets to planning, orchestrating and executing longer creative workflows.

HiDream.ai’s products currently serve users in more than 100 countries and regions, including over 50 million professional users and more than 40,000 enterprise customers. The company said these commercial deployments validate the practical application of its native omni-modal architecture and provide a foundation for future scale.

HiDream.ai said its long-term vision is to move from multimodal AI to omni-modal AI and ultimately world models — systems capable of understanding, reasoning about and constructing dynamic environments. The company will continue advancing both large-model technology and AI agent products, accelerating the shift of AI from a tool to an intelligent partner.

Hashtag: #HiDreamAI

The issuer is solely responsible for the content of this announcement.

About HiDream.ai

HiDream.ai is a large-model AI technology company focused on native omni-modal intelligence and world-model development. Built on its self-developed HiDream model family, the company develops foundation models, AI agent products and AI applications across commercial marketing, film and entertainment production, and content creation.HiDream.ai’s products serve users in more than 100 countries and regions, including over 50 million professional users and more than 40,000 enterprise customers.

The 36-year-old from Taiwan secured the men’s singles championship 21-15, 7-21, 21-13 on Sunday, combining controlled aggression with the stamina that has sustained his career among badminton’s leading players for more than a decade.

Chou recovered from a one-sided second game to regain command in the decider. He slowed Popov’s attacking rhythm, defended with greater precision and forced the Frenchman into difficult exchanges from the back of the court. The victory completed an outstanding campaign that included a major upset against world No. 1 and defending champion Shi Yuqi.

The sixth seed had defeated Shi 21-14, 12-21, 21-15 in the quarter-finals, ending a nine-match losing sequence against the leading Chinese player. Chou then beat fellow Taiwan player Lin Chun-yi 21-18, 21-18 in the semi-finals to reach the championship match.

His title carried added significance because of the physical demands associated with a Super 1000 tournament. The category sits at the highest regular level of the BWF World Tour and brings together most of the world’s top-ranked players. Chou’s ability to win several high-intensity matches at 36 underlined the value of conditioning, disciplined court movement and tactical experience in extending elite careers.

Popov, ranked 16th, responded strongly after losing the opening game. The 27-year-old dominated the second with steep attacks and early interceptions, restricting Chou to seven points. The momentum shifted again in the final game as Chou reduced his errors, absorbed pressure and opened decisive gaps with accurate placement.

The result denied Popov his first Super 1000 title but strengthened his position among Europe’s leading singles players. His run also reflected France’s growing influence in a discipline traditionally led by players from Asia and Denmark. Popov and his brother Christo have helped broaden the country’s presence on the international circuit ahead of another demanding phase of World Tour events.

Akane Yamaguchi claimed the women’s singles title with a 21-18, 21-16 victory over home favourite Chen Yufei. The Japanese world champion produced a composed display built on speed, retrieval and sharp changes of direction.

Yamaguchi maintained pressure through long rallies and repeatedly turned defence into attack. Chen remained competitive in both games but struggled to establish sustained control against an opponent who covered the court efficiently and made few unforced errors.

The championship was another major success for Yamaguchi following her third world title in 2025. Her victory also represented a strong response after she lost the Japan Open final to PV Sindhu a week earlier.

Yamaguchi had reached the China Open final by defeating defending champion Wang Zhiyi 21-10, 6-21, 21-16 in a fluctuating semi-final. She recovered after a difficult second game and regained her consistency in the decider.

China collected two titles through its doubles combinations. Liu Shengshu and Tan Ning retained the women’s doubles crown by defeating Japan’s Yuki Fukushima and Mayu Matsumoto 21-14, 21-19.

The home pair controlled the opening game and resisted a stronger challenge in the second. Their victory gave them a third Super 1000 championship from four tournaments at that level during the season, reinforcing their position among the strongest partnerships in women’s doubles.

Guo Xinwa and Chen Fanghui won the mixed doubles title after an 87-minute contest against top seeds and defending champions Feng Yanzhe and Huang Dongping. Guo and Chen prevailed 25-23, 20-22, 21-15 in an all-China final.

They missed several opportunities to close the match in the second game but recovered in the decider, applying greater pressure at the net and limiting their opponents’ attacking options. It was their second Super 1000 title following their All England success in 2025.

Indonesia’s Fajar Alfian and Muhammad Shohibul Fikri took the men’s doubles championship with a 16-21, 21-19, 21-19 comeback victory over South Korea’s Kim Won-ho and Seo Seung-jae.

Mengniu’s Chinese Culture Pavilion Debuts at the FIFA World Cup, Showcasing Chinese Culture to the World

On the pitch, a single football captures the attention of billions. Beyond the stadium, civilizations come together through cultural exchange.

The Mengniu Chinese Culture Pavilion marks the first comprehensive international presentation of Beijing Central Axis since its inscription as a UNESCO World Heritage Site and debuts at one of the world’s premier sporting events. Inspired by the architectural aesthetics of traditional Chinese architecture and the spatial order of Beijing Central Axis, the pavilion follows a symmetrical layout centered on a principal axis. At its entrance stands the monumental painting Magnificent Central Axis, offering a panoramic bird’s-eye view of Beijing’s historic Central Axis while conveying, through artistic expression, the Eastern philosophy and cultural values it embodies. As visitors explore the pavilion, football fans from around the world pause to experience its interactive exhibits, immersing themselves in the richness of Chinese traditional culture. Standing outside New York New Jersey Stadium, the pavilion continues to tell vivid, contemporary stories of China to a global audience.

Beyond Football: Mengniu Elevates Cultural Exchange on the World Cup Stage

For Mengniu, building a Chinese Culture Pavilion at this FIFA World Cup reflects a deeper understanding of the powerful connection between sport and cultural exchange. Mengniu believes that the FIFA World Cup is not only the pinnacle of football competition but also a global platform where diverse civilizations meet, connect, and learn from one another. As an Official Sponsor of the 2026 FIFA World Cup from China, Mengniu sees it as both an opportunity and a responsibility to share China’s stories and showcase the richness of Chinese civilization with audiences worldwide. This commitment extends beyond football. During the Paris Summer Olympic Games and the Milan Winter Olympic Games, Mengniu, as a Worldwide Olympic Partner (TOP), continuously hosted its signature “China Night” events, integrating Chinese culture into the narrative of the world’s most prestigious sporting competitions.

Beyond a Pavilion: Mengniu’s Multi-Dimensional Presence at the FIFA World Cup

As an Official Sponsor of the 2026 FIFA World Cup, Mengniu’s presence extends far beyond traditional brand visibility. Its participation represents a comprehensive global strategy that integrates products, brand values, and corporate social responsibility.

On the product front, Mengniu Ice Cream has officially become the Official Ice Cream of the 2026 FIFA World Cup. Mengniu Ice Cream is available at all tournament venues and has simultaneously expanded into 11 major U.S. cities, including Los Angeles and New York. By bringing world-class-quality products to international consumers, Mengniu continues to strengthen the commercial foundation for its global growth.

At the brand level, together with global brand ambassadors Lionel Messi, Kylian Mbappé, and Lamine Yamal, Mengniu brings its corporate spirit, “Born for Greatness,” to life on football’s biggest stage. The company has also partnered with Hisense to launch a series of coordinated Chinese-character pitch-side advertising campaigns during the tournament. Moving beyond individual brand promotion, the two companies present a united expression of Chinese brands, confidently demonstrating the growing global influence of Chinese enterprises.

In terms of corporate social responsibility, Mengniu not only brings Chinese culture to the international stage but also demonstrates the commitment of a responsible Chinese enterprise through meaningful public initiatives. At the opening match of this year’s FIFA World Cup, six teenage footballers from Inner Mongolia were selected by Mengniu to escort the FIFA flag onto the field, creating an inspiring example of how businesses can promote youth football development while fulfilling their social responsibilities.

From a glass of milk on store shelves to a cultural journey within the pavilion, Mengniu’s World Cup presence reflects the remarkable evolution of Chinese enterprises on the global stage. Looking ahead, Mengniu will continue to leverage the world’s premier sporting events to advance health, boost brand power, strengthen global presence, and fulfill social responsibilities, contributing the strength of China’s dairy industry to sharing China’s stories and showcasing the enduring appeal of Chinese civilization with the world.

Hashtag: #Mengniu

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By Nitya Chakraborty India is hosting the 18th BRICS Summit in New Delhi on September 12 and 13 this year which carries unusual significance in the present changing landscape of the geopolitics in the Indo-Pacific as also in other parts of the world. Most importantly, Chinese President Xi Jinping and the Russian President Vladimir Putin […]

The article Narendra Modi Has A Golden Opportunity To Lead Global South At BRICS Summit appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

September-loading cargoes of ESPO Blend, Russia’s flagship Far Eastern crude grade, have attracted brisk demand from state-owned and independent refiners despite shrinking discounts. Buyers that would normally enter the market closer to loading dates are moving early to lock in supplies and reduce exposure to possible shipping delays across the Gulf and Red Sea.

ESPO cargoes delivered to China are being offered at discounts of roughly $1 to $3 a barrel against benchmark Brent prices. That compares with discounts near $4 for some August supplies, indicating that demand has strengthened even as the crude becomes less attractive on price.

The buying surge reflects growing concern over the reliability of Middle Eastern flows. Disruption around the Strait of Hormuz, combined with threats to shipping near the Bab al-Mandab Strait, has complicated routes used by Gulf producers to reach Asian customers.

Saudi Arabia has relied more heavily on its East-West pipeline to move crude from production centres near the Gulf to the Red Sea port of Yanbu. That option reduces dependence on Hormuz but leaves shipments exposed to security risks near Yemen and the southern entrance to the Red Sea.

China, the world’s largest crude importer, depends heavily on Middle Eastern producers. Russia offers an alternative supply line that avoids both maritime chokepoints. ESPO is particularly valuable because cargoes are shipped from Kozmino, near the Pacific coast, and can reach northern Chinese ports within days.

The short voyage lowers freight costs, reduces transit risk and gives refiners greater flexibility than crude shipped from the Gulf, Atlantic Basin or western Russian ports. ESPO is also a light, low-sulphur grade that produces relatively high volumes of petrol and diesel, making it suitable for many Chinese refining configurations.

Russia’s seaborne deliveries to China have increasingly centred on Far Eastern supply. ESPO represented about 62 per cent of China’s seaborne Russian crude imports in June, while overall Russian seaborne volumes rose by nearly 9 per cent from the previous month.

Purchases are being supported by competition from buyers elsewhere in Asia. Strong demand from India has helped prevent Russian exporters from offering the wide discounts seen earlier in the year. ESPO cargoes had traded as much as $9 to $10 below Brent for some February loadings before the market tightened.

The latest deals show how geopolitical risk can outweigh concerns surrounding sanctions and payment arrangements. Western measures against Russia have forced traders to rely on alternative shipping, insurance and financial networks, but established routes between Kozmino and China have continued to operate.

Chinese refiners are also examining fresh purchases of Iranian crude, which remains heavily discounted because of sanctions and transport risks. Independent processors concentrated in Shandong province have held talks over Pars and Iran Light cargoes as sellers seek buyers for barrels already moving towards Asia or held in floating storage.

Iranian grades have become cheaper relative to ESPO, although refiners must weigh the discount against possible delays, tanker availability and tighter enforcement. High international prices also restrict the amount smaller plants can purchase, particularly when domestic fuel demand and refining margins are uncertain.

Several independent refiners bought about 20 million barrels of crude from Iraq, the UAE and Qatar for July and August loading when Middle Eastern supplies briefly became cheaper. Some companies are now exploring the resale of those cargoes at higher prices to refiners in Taiwan and South Korea as regional availability tightens.

That shift illustrates the speed with which China’s private refining sector responds to changes in freight, sanctions and physical supply. The plants, often described as teapot refiners, can switch among Russian, Iranian and non-sanctioned Middle Eastern grades depending on margins and import quotas.

By Asad Mirza Washington and Riyadh have signed a civilian nuclear cooperation pact that could let Saudi Arabia enrich uranium on its own soil. Announced this week and now headed to Congress, the deal marks a historic shift in US nonproliferation policy, alarms Israel and threatens to reshape the regional balance of power just as […]

The article The US-Saudi Nuclear Deal Redrawing The Middle East’s Atomic Map appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

In the latest season of Village Voyage, CGTN host Julian Waghann from the United States and Filipino traveler Eliza Arce journey into Longsheng and Yangshuo, exploring how the mountains, rivers and people of Guilin continue to inspire a unique rural lifestyle.

Terraces shaped by generations of farming wisdom

Rising high in the mountains of Guangxi, the Longji Rice Terraces are far more than a spectacular agricultural landscape. Carved into the hillsides over centuries by generations of local communities, they embody a remarkable balance between human ingenuity and the natural world.

For local villager Liao Yanmei, the terraces are inseparable from everyday life. “They mean everything to us,” she says. “They’re our life.” Today, she is leading efforts to restore and preserve the ancient terraces, ensuring this living heritage continues to thrive for generations to come.

Julian and Eliza arrive during the Shuyang Festival, one of Longsheng’s most important annual farming celebrations. Walking along the narrow paths between the fields, they join villagers in the traditional seedling-throwing ritual and carry torches through the illuminated terraces as night falls.

For Eliza, the landscape evokes memories of the Banaue Rice Terraces in her native Philippines. “They’re in the northern part of the country,” she says. “They were also carved into the mountains by local communities. I was amazed by how closely our rice terrace cultures mirror each other. It made me realize we share deeper roots. And, in that moment, I truly felt at home.”

Through these encounters, Julian and Eliza discover that the Shuyang Festival no longer marks only the beginning of the farming season. It has also become an immersive cultural experience, inviting visitors to step into the rhythms of rural life and discover a new way of experiencing China’s countryside.

The secret behind the world’s long hair village

Deep within the Longji Rice Terraces lies Huangluo Yao Village, home to the Red Yao people and renowned for its centuries-old long hair tradition. For generations, Red Yao women have cared for their famously long, glossy hair using fermented rice water, a natural hair treatment passed down from one generation to the next.

“Long hair, in Red Yao culture, symbolizes longevity and prosperity,” said local cultural ambassador Haili. “We believe that healthy hair reflects a healthy body, bringing both long life and good fortune.”

Drawing on generations of ecological knowledge, the Red Yao have long used rice water together with locally grown herbs to create a natural hair-care recipe. Rooted in the surrounding landscape, the tradition reflects a sustainable way of living that values natural resources and respects the rhythms of the environment.

Beyond their long hair tradition, the Red Yao are equally renowned for their exquisite costume craftsmanship. According to master artisan Pan Jifeng, completing a single traditional outfit can take an entire year. Weaving, batik, natural dyeing, and intricate embroidery come together in garments whose patterns are inspired by the mountains, animals, and everyday life, preserving generations of cultural memory.

Beyond the landscape: A new way to experience rural Guilin

While Guilin has long attracted visitors with its iconic scenery, a new generation of travelers is discovering the region through more immersive experiences.

In Yangshuo, the mountains and rivers have become a playground for outdoor exploration. Cycling through countryside paths, hiking among karst peaks, drifting along rivers on bamboo rafts, and experiencing cliffside adventures offer visitors a chance to engage with the landscape rather than simply admire it.

Supported by convenient transportation, diverse outdoor activities and growing tourism facilities, Yangshuo is emerging as an international destination where nature, culture and local life come together.

More than a journey: Villages connected by nature and culture

Every village tells its own story.

Some are written in the mountains, others in the rivers. Some live on through songs and festivals, while others survive through everyday traditions passed from one generation to the next.

From the rice terraces to the Karst landscapes, Guilin shows how rural communities continue to grow from the landscapes that shaped them — welcoming new visitors while keeping their own stories alive.

Hashtag: #CGTN #Guilin

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