Coin Center research director Laz Pieper has called for a shift away from identity-verification systems that routinely collect and retain full copies of personal documents, arguing that privacy-preserving technology could reduce the large stores of sensitive data now targeted by cybercriminals. The warning follows an FBI investigation into claims that a dark-web service offered access to more than 153 million US and Canadian driver’s-licence records, along with […]
Arabian Post Staff -Dubai Dubai Municipality has signed a cooperation agreement with Singapore’s BCA International after a high-level visit focused on modern building methods, green construction, digital technologies and regulatory practices that could support Dubai’s expanding built environment. The delegation, led by Director-General Marwan Ahmed bin Ghalita, concluded the official visit after meetings with government bodies, construction specialists and technology companies, alongside site inspections examining how Singapore […]
Cybercriminals are combining fake Google CAPTCHA prompts, WebDAV-hosted DLLs, malicious Cloudflare Workers and BNB Smart Chain contracts in a multi-stage operation that deploys the Amatera information stealer and other payloads, according to new research from Cisco Talos. The investigation began after Talos identified unusual endpoint activity at a Ukrainian government organisation in April 2026. A remote file disguised as “verification. google” was executed from a WebDAV path […]
Expanding satellite and hybrid IoT connectivity services across the Belt and Road Regions
HONG KONG SAR – Media OutReach Newswire – 9 September 2026 – HKT (SEHK: 6823) – PCCW Global, the international telecommunications service provider under HKT, and Druid Technology Co., Ltd. (Druid Technology), a Chinese mainland provider of intelligent IoT solutions, today signed a Memorandum of Understanding (MoU) at the 11th Belt and Road Summit in Hong Kong. Under the MoU, the two companies plan to jointly deliver one-stop IoT solutions that combine satellite and hybrid connectivity in the Chinese Mainland, Hong Kong, Macao, and Belt and Road regions.
Frederick Chui, CEO, PCCW Global (left) and Li Guozheng, Founder and CEO, Druid Technology (right) signed an MoU at the Belt and Road Summit.
As a provider of intelligent IoT terminals and solutions, Druid Technology will leverage its expertise in device design, multi-network adaptation, data processing and platform integration, together with PCCW Global’s worldwide network services including roaming and cellular IoT to deliver one-stop, ready-to-deploy IoT solutions based on satellite and hybrid (satellite and cellular) connectivity. These solutions will support IoT applications such as remote tracking and monitoring for sectors including transportation, logistics, livestock farming and environmental management in remote locations and areas beyond the reach of conventional terrestrial networks.
Frederick Chui, CEO of PCCW Global, said: “PCCW Global is committed to delivering reliable connectivity and technology solutions through our extensive global network infrastructure. We are delighted to collaborate with Druid Technology and combine its expertise in intelligent IoT solutions with our own capabilities to strengthen our offering of one-stop IoT solutions for enterprise customers in both public and private sectors. Through this collaboration, we look forward to advancing the adoption of satellite and hybrid IoT solutions across Belt and Road markets, helping to meet the growing demand for reliable IoT connectivity and end-to-end solutions in remote and cross-border environments.”
Li Guozheng, Founder and CEO of Druid Technology, said: “We are pleased to become an integrated solutions provider for PCCW Global. By combining Druid Technology’s full-stack capabilities in intelligent IoT terminals, multi-system integration and physical world AI with PCCW Global’s leading global network infrastructure, we will provide customers with more comprehensive one-stop IoT solutions. We believe this collaboration will enable customers to deploy intelligent IoT applications more quickly and reliably, even in remote locations and other challenging environments.”
The solutions will cover terminal devices, network connectivity, data management and technical support. Leveraging its extensive global operational experience, PCCW Global will help accelerate the deployment of the solution across Chinese Mainland, Hong Kong, Macao, the Belt and Road regions and global markets.
Hashtag: #HKT #PCCWGlobal
The issuer is solely responsible for the content of this announcement.
About PCCW Global
PCCW Global is a leading digital infrastructure provider, empowering businesses with agile, scalable and secure connectivity solutions. By combining a best-in-class network with our award-winning on-demand platform Console Connect, we help businesses navigate the network complexities of the digital world with ease. With extensive reach across international markets, we make it simple to connect and move data between clouds, apps, data centres and devices. At the core of our business is a belief that automated, high-performance network infrastructure has the power to elevate business and society. For more information, visit www.pccwglobal.com.
Hunter Biden’s newly launched LAPTOP memecoin lost about 99 per cent of its value within its first hour of trading on Wednesday, turning a hypothetical $1,000 purchase near its early peak into roughly $10 as prices collapsed below $2. The token, launched on Coinbase’s Base blockchain, traded near $190 to $200 shortly after opening before plunging to below $4 within minutes and later falling under $2 on […]
New ULTRA KYC™ capability helps law firms move beyond document collection to evidence-linked customer due diligence
SINGAPORE – Media OutReach Newswire – 9 September 2026 – Amid continued scrutiny of anti-money laundering and countering the financing of terrorism (AML/CFT) practices across Singapore’s legal sector, iCOMPASS today launched Evidence-BackedAML/KYC, a new capability within ULTRA KYC™ designed to help law firms demonstrate not only that customer due diligence (CDD) was performed, but also the evidence supporting key customer information, risk assessments and decisions.
The launch comes amid continued regulatory attention on AML/CFT controls in the legal sector. Reviews following Singapore’s 2023 money-laundering case have highlighted shortcomings including inconsistent risk assessments and incomplete enhanced due diligence. For law firms, the challenge is increasingly not simply whether the required documents have been collected, but what was verified, what evidence was relied upon and how the resulting decision was reached.
The Evidence-Backed AML/KYC capability shifts the KYC workflow from document-first to evidence-linked. Key CDD information can be connected directly to the supporting evidence relied upon. For example, information relating to a client’s source of wealth, beneficial ownership or address can be linked to the relevant supporting documents, together with the associated review and approval record. This provides a clearer audit trail from the information verified, to the evidence relied upon, to the decision made.
“One of the practical challenges in KYC is ensuring the reasoning behind a decision remains clear when another person reviews the file later. With iCOMPASS’ KYC solution, having the underlying information and evidence connected in one place makes that review more efficient, while also creating a smoother onboarding experience for the client,” said Mr Wilson Foo, Joint Managing Director of Folich LLC.
The capability sits within ULTRA KYC™’s broader onboarding and lifecycle management workflow, which supports electronic verification for Singapore clients, digital identity verification for overseas clients, document collection, screening, risk assessment, approvals, and ongoing KYC refresh and reassessment.
“Law firms don’t need more KYC paperwork — they need better KYC evidence,” said Raymond Moh, CEO of iCOMPASS. “A strong KYC record should allow someone reviewing the file months or years later to understand what was verified, what evidence was relied upon and why the firm reached its decision. That is what we are trying to make much easier.”
Evidence-Backed AML/KYC forms part of ULTRA KYC™’s integrated 6-in-1 KYC/AML workflow, bringing onboarding and CDD, screening, risk assessment, approval, ongoing monitoring and reassessment into one connected process.
iCOMPASS will demonstrate the new capability at TechLaw.Fest 2026 on 9–10 September. The company will also speak on “The KYC File Is Not the Answer — Are Law Firms Doing KYC Backwards?” on 9 September, exploring how law firms can move towards more evidence-driven KYC and operationalise AML/CFT requirements in practice.
The issuer is solely responsible for the content of this announcement.
About Company
iCOMPASS Pte. Ltd. is a Singapore-headquartered RegTech company modernising regulatory compliance through intelligent automation. SOC 2 Type II attested and ISO/IEC 27001 certified, iCOMPASS develops AI-powered solutions that help financial institutions and professional services firms manage compliance more efficiently, securely and consistently.
Its portfolio includes the ULTRA KYC™ Platform, featured in the Monetary Authority of Singapore’s PathFin.ai programme, and ULTRA™, an AI-powered compliance operating system. iCOMPASS was also named a winner at the Singapore Business Review Technology Excellence Awards 2023 in the Regulatory Technology category.
iCOMPASS is focused on advancing trusted, technology-enabled governance and helping regulated organisations navigate increasingly complex regulatory requirements.
SINGAPORE – Media OutReach Newswire – 8 September 2026 – Global digital business services leader TP (ex-Teleperformance) has been named Frost & Sullivan’s 2026 Asia-Pacific Company of the Year in Customer Experience Management Services, the analyst firm’s top honor recognizing the market participant that exemplifies visionary innovation, market-leading performance and customer care. TP was recognized for combining AI orchestration, operational discipline, and measurable customer impact across Asia-Pacific.
Frost & Sullivan credited TP’s ability to move AI from experimentation into live operations, which Frost identified as one of the most urgent gaps in the industry. TP applies AI across the service delivery lifecycle to help teams become productive faster and improve service quality at scale. This starts with AI-enabled recruitment and onboarding, extends into simulation-based training that helps customer experts build proficiency before handling live interactions, and continues through workforce management and AI-assisted coaching. In quality assurance, TP now reviews every transaction rather than the small sample the industry has traditionally relied on, sharpening coaching precision, compliance visibility and operational learning.
“As AI becomes embedded into customer operations, enterprises need outcome-based models that orchestrate AI and human agents to improve productivity and deliver measurable business value,” said Dave Rizzo, President and CEO, APAC, TP. “TP designs workflows that use AI to elevate human work, while linking productivity gains to the business outcomes clients want to achieve. Being named Frost & Sullivan’s Asia-Pacific Company of the Year recognizes the progress we are making in delivering that transformation for clients across the region.”
Frost & Sullivan highlighted TP’s work with a major hospitality brand in Singapore as an example of this approach in practice. The engagement went beyond operational delivery to integrate technology across legacy and modern systems, while also implementing an AI-enabled knowledge platform that delivers trusted, context-aware answers to customer inquiries across multiple operational teams and lines of business. Together, these capabilities supported a broader redesign of the service infrastructure behind a high-touch, premium customer experience. Beyond individual client engagements, TP’s operations across Asia-Pacific play a dual role in TP’s strategy as both a delivery engine and a business development engine in a high-growth demand market. Frost & Sullivan noted that TP’s regional footprint enables it to respond to different language, regulatory, cultural, and operational requirements.
“The company’s centers of excellence in Asia-Pacific contribute to the development of solutions across AI, machine learning, natural language processing, analytics, and automation. This gives the region a role beyond labor delivery. It becomes a capability engine for global transformation,” said Krishna Baidya, Vice President, ICT Practice, Frost & Sullivan.
Frost & Sullivan also highlighted TP’s approach to reframing the traditional onshore-versus-offshore debate. Across Asia-Pacific, TP supports offshore, nearshore, onshore and hybrid delivery models, using technology and local market capabilities to balance cost efficiency, service quality, language requirements and regulatory needs. This flexibility allows TP to tailor delivery models to the realities of individual markets rather than relying on a single approach.
With operations in close to 100 countries and services spanning more than 170 markets, TP combines global scale with regional delivery depth, technology and human expertise. Across Asia-Pacific, this is translating into measurable outcomes, including an agentic triage use case that reduced referral-to-booking turnaround from approximately 24 hours to minutes while improving booking conversion. The recognition reflects how TP is evolving its digital business services for the next phase of AI-enabled transformation while keeping human oversight, empathy, judgment and relationships central to the service model.
The issuer is solely responsible for the content of this announcement.
AboutTP in SINGAPORE
TP in Singapore is part of the TP Group, a global leader in digital business services which consistently seeks to blend the best of advanced technology with human empathy to deliver enhanced customer care that is simpler, faster, and safer for the world’s biggest brands and their customers. The Group’s comprehensive, AI-powered service portfolio ranges from front office customer care to back-office functions, including high-value digital transformation services, collections and operations consulting. It also offers a range of specialized services such as interpreting and localization, visa and consular services, and recruitment process outsourcing services. The teams of multilingual, inspired, and passionate experts and advisors, spread in close to 100 countries, as well as the Group’s local presence allows it to be a force of good in supporting communities, clients, and the environment.
Unveils Cross-Sector Rewards with Up to HK$2,600 Early Bird Savings on Designated Handset
HONG KONG SAR – Media OutReach Newswire – 8 September 2026 – Ping An Digital Bank (International) Limited (“Ping An Digital Bank”) marks its 6th anniversary through a cross-sector collaboration alongside 3 Hong Kong and 3SUPREME, mobile brands of Hutchison Telecommunications (Hong Kong) Limited (“HTHK”). The joint initiative debuts an exclusive dual promotion designed to elevate customers’ smart digital financial and mobile communications experiences, adding further excitement to Ping An Digital Bank’s suite of 6th-anniversary celebrations!
Mr. Ronald Iu, Chief Executive of Ping An Digital Bank, said, “As Ping An Digital Bank celebrates its 6th anniversary, our retail banking segment continues to experience rapid growth, a testament to the long-standing trust and support of our customers. On this special occasion, we remain dedicated to thinking ahead and going the extra mile for our customers. Collaborating with 3 Hong Kong and 3SUPREME allows us to combine the strengths of both parties, empowering customers to upgrade to the latest digital products while enjoying seamless and high-quality retail banking services.”
New Handset Rewards: HK$400 Upon Account Opening, Mobile Plan Subscription and Handset Purchase Up to HK$2,600 in Early Bird Savings
From now until 30 November 2026, eligible customers1 who successfully open a Ping An Digital Bank personal savings account using the designated promotion code [3HKPA] will receive a HK$400 cash rebate2 from Ping An Digital Bank.
To reward first movers, an exclusive early bird offer is available from now until 17 September 2026. Eligible customers1 will enjoy a waiver of the HK$500 prepayment amount3 from 3 Hong Kong and 3SUPREME, alongside handset discounts of up to HK$2,2003. Combined with the HK$400 cash rebate2 from Ping An Digital Bank, customers can unlock total savings of up to HK$2,600.
Additionally, new Ping An Digital Bank customers4 who open a Ping An Digital Bank personal savings account on or before 30 September 2026, and successfully place a 1-month HKD time deposit can enjoy an attractive annual interest rate of 16%5,6 on their first HK$100,000 deposit. This enables customers to effortlessly lock in privileged high-yield returns while upgrading to the new handset.
Looking ahead, Ping An Digital Bank will continue to uphold its vision of “Always with You, Always Ahead.” Dedicated to thinking ahead and going the extra mile, the Bank will actively explore cross-industry synergies and continuously enhance its diversified suite of financial products and services to deliver superior digital financial experiences for customers.
1 Eligible Customers refer to customers who have never held any account with Ping An Digital Bank, successfully open a savings account with promotion code “3HKPA” during the Promotion Period, subscribe to, renew or upgrade to a designated 3 Hong Kong / 3SUPREME service plan with a minimum contract period of 24 months and hold a valid Hong Kong Identity Card or Exit-Entry Permit for Travelling to and from Hong Kong and Macau at the time of such subscription, renewal or upgrade during the Promotion Period (from 7 September 2026 to 30 November 2026) , and successfully purchase a designated handset on or before 31 March 2027.
2 HK$ 400 cash rebate is available only to Eligible Customers who satisfy all relevant requirements. Each Eligible Customer can enjoy the HK$ 400 Cash Rebate and other offers once only. The Cash Rebate and other offers are non-transferable and cannot be exchanged for cash or other gifts. Cash Rebate will be credited to the savings account of eligible customer on or before 31 May 2027.
3The waiver of HK$ 500 prepayment amount, up to HK$2,200 discount upon purchase of a designated 3HK handset model, designated service plans, designated handset models, and other designated 3HK offers are provided and managed by 3 Hong Kong / 3SUPREME, and are subject to relevant terms and conditions.
4 New Ping An Digital Bank customers refer to customers who have never held any account with the Bank and successfully open a savings account during the 1 September 2026 to 30 September 2026 using a promotion code obtained through any channels.
5 The 16% p.a. HK$ Time Deposit rate offer will be displayed on the Time Deposit page in the Ping An Digital Bank’s personal mobile banking app within 3 working days (excluding Saturdays, Sundays and public holidays) after successful account opening.
6 HKD Time Deposit interest rate is calculated daily on the basis of a 365-day year and is subject to the Bank’s decision from time to time.
Ping An Digital Bank is not the supplier of any products or services provided by 3 Hong Kong / 3SUPREME and shall not be liable for any matters relating to the quality, supply, use, payment, refund, handset collection, warranty or after-sales services of 3 Hong Kong / 3SUPREME’s products or services. Offers subject to the relevant terms and conditions. For details, please refer to the “Ping An Digital Bank x 3 Hong Kong / 3SUPREME New Customer Exclusive HK$400 Cash Rebate Promotion Terms and Conditions” and “New Customer Time Deposit High Interest Offer Programme Terms and Conditions”
Hashtag: #平安數字銀行 #PingAnDB #3HK #3Supreme
The issuer is solely responsible for the content of this announcement.
Ping An Digital Bank
Ping An Digital Bank (International) Limited (“Ping An Digital Bank,” “PingAnDB”) is a wholly-owned subsidiary of Lufax Holding Ltd (“Lufax”) (SEHK: 6623; NYSE: LU) and a member of Ping An Insurance (Group) Company of China, Ltd. (“Ping An”) (SEHK: 2318; SSE: 601318). Ping An Digital Bank was granted a banking licence by the Hong Kong Monetary Authority in May 2019 to offer retail banking and business banking services. Backed by Ping An’s advanced technology, Ping An Digital Bank is elevating banking experience, serving customer in Hong Kong and the Greater Bay Area, establishing itself as Ping An Group’s comprehensive financial platform in Hong Kong.
Hutchison Telecommunications (Hong Kong) Limited
Hutchison Telecommunications (Hong Kong) Limited (“HTHK”), a leading mobile operator in Hong Kong, offers diverse and advanced mobile telecoms services under the 3 Hong Kong, 3SUPREME, SoSIM and MO+ brands, addressing different needs of the consumer market. HTHK is also dedicated to developing business and enterprise solutions under the 3Business brand in the corporate market spanning mobile commerce, information technology, smart city, the Internet of Things and big data. HTHK channels the latest technologies into innovations that set market trends and steer industry development.
Malaysia is considering Huawei’s Ascend 910C processors for a RM2 billion sovereign artificial intelligence project, potentially placing Chinese hardware at the centre of infrastructure designed to keep sensitive national data under domestic control.
The government is seriously evaluating Huawei’s AI accelerators for the initiative, although no final procurement decision has been announced and the number of chips under consideration remains unclear. The project would be operated by state-linked Telekom Malaysia, which was selected through a public tender and already works with Huawei on cloud infrastructure.
The deliberations put Malaysia at the centre of a widening contest between Washington and Beijing over the technology underpinning artificial intelligence. US officials have warned that use of Huawei’s Ascend 910C could violate American export-control rules, while Malaysia has maintained that technology decisions should serve its national interests and comply with applicable laws.
Huawei’s 910C is the company’s flagship AI accelerator currently available at scale. Malaysia is considering that product rather than the newer Ascend 950 series, which remains in limited production. Huawei has sought to expand sales of its AI systems beyond China as US restrictions continue to limit its access to advanced foreign semiconductor manufacturing technology.
Telekom Malaysia’s existing AI computing service uses Nvidia processors, highlighting the competing technology options facing Kuala Lumpur. The government is also discussing another tender process that could give Nvidia and other US suppliers a more direct opportunity to compete for the sovereign AI contract.
Prime Minister Anwar Ibrahim has repeatedly argued that Malaysia should build domestic technological capability rather than remain solely a consumer of systems developed overseas. His government formally established AI Malaysia Berhad under the Digital Ministry in July to lead its ambition of becoming an “AI Nation” by 2030 and to strengthen national AI development, governance and deployment.
Sovereign AI has become particularly important to the government because the proposed infrastructure is intended to process information that could include sensitive government, military and intelligence material. Kuala Lumpur wants such data to remain within Malaysia, reducing dependence on foreign-controlled computing environments and giving national institutions greater authority over storage and access.
Anwar has also questioned the implications of the US Cloud Act, which allows American courts in specified circumstances to compel US technology companies to provide electronic data even when it is stored abroad. Speaking to university students in April, he described the law as unreasonable while acknowledging the difficulty of challenging Washington on the issue.
US officials have raised separate security concerns about Huawei equipment being used to handle intelligence-related material, including information supplied by foreign governments. A State Department spokesperson said secure technology was essential to economic prosperity and warned that suppliers susceptible to government manipulation could pose risks to critical infrastructure, privacy, intellectual property and national security. The statement did not name China or Huawei.
Malaysia’s National Security Council officials are expected to visit Washington later this month for discussions that will include the technology issue. The talks come as the United States promotes American AI hardware, software and applications across developing markets and considers government-backed financing packages to strengthen the international position of US suppliers.
The current evaluation follows an earlier controversy in May 2025, when a deputy communications minister said a Malaysian AI initiative would deploy 3,000 Huawei Ascend chips. Her remarks were withdrawn shortly afterwards, and the Investment, Trade and Industry Ministry clarified that the project concerned was privately driven, not endorsed or coordinated by the government.
At the time, the ministry said any government AI infrastructure programme would require legal, operational and reputational due diligence. It also reaffirmed Malaysia’s commitment to applicable export-control laws while asserting the country’s sovereign right to formulate policy according to national interests.
Malaysia’s National AI Action Plan for 2026-2030 calls for responsible adoption, stronger domestic capabilities and globally competitive locally developed solutions. The programme links AI deployment to economic productivity, public-sector transformation and governance, placing infrastructure choices within a strategy.
Chile’s first artist conceived as an artificial-intelligence-driven project has made her public debut, releasing the single “Pelis de Amor” and appearing in a live show that combined music, dance and projected visuals. EMM4 was developed by Santiago-based creative agency DUGG, which describes the project as an artist built from the outset through artificial intelligence tools and human creative direction rather than as a conventional singer using AI […]
Arabian Post Staff -Dubai Dubai Multi Commodities Centre has formally brought the world’s largest silver bar into regulated tokenised investment, allowing eligible investors to buy fractional digital interests linked to the 1,971kg Guinness World Record asset. The launch makes the bar the first tokenised commodity asset issued under the DMCC-Virtual Assets Regulatory Authority tokenisation framework, advancing Dubai’s push to create regulated markets for real-world assets represented digitally. […]
Arabian Post Staff -Dubai Abu Dhabi has introduced the Gulf region’s first Digital Skills Card, giving employers and regulators a blockchain-backed way to verify professional qualifications and skills through a QR code. The Abu Dhabi Quality and Conformity Council, or QCC, launched the credential with Union Assessment and Quality Accreditation, known as UAC, on Monday. Each card is tied to a certification awarded through personnel conformity programmes […]
Arabian Post Staff -Dubai Etihad Salam Telecom Company signed 29 strategic partnerships during LEAP 2026 in Riyadh, using the four-day technology gathering to widen its portfolio across connectivity, cloud services, cybersecurity, artificial intelligence and enterprise digital solutions. The company, known as Salam, said the agreements formed the centrepiece of its participation as a strategic sponsor and supported its shift from a traditional telecommunications provider towards an integrated […]
CrowdStrike is investigating a publicly released proof-of-concept exploit that a security researcher says can elevate local privileges to SYSTEM level on Windows machines running its Falcon endpoint sensor. The exploit, dubbed FalconFlank, was published on GitHub on September 3 by a researcher using the names Nightmare Eclipse, Chaotic Eclipse and MSNightmare. The researcher described it as a zero-day privilege-escalation flaw that abuses Falcon Sensor’s Microsoft Office malicious-macro […]
By Dr. Gyan Pathak The truthfulness of the BBC documentary “The Modi Question” was never put on trial and now the plaintiff NGO from Gujarat, Justice on Trial, withdrew its ₹10,000 crore defamation lawsuit against BBC on September 3, 2026, with liberty to file a fresh suit on the same cause of action. BBC was […]
With 30 Years of Industry Dedication, A-Share Listed Enterprise Huali Shares Achieves Over 50% Growth Against Market Trends
HUAFULI Makes Its First Foray into Hong Kong with the Grand Opening of the 2,800 sq. ft. “HUAFULI Hong Kong Home Art Gallery”
Executive President Xie Zhikun Reveals Deep Ties with Hong Kong; Hong Kong Regional Manager Ken So Addresses Industry Pain Points and Sets HK$100 Million Sales Target
HONG KONG SAR – Media OutReach Newswire – 7 September 2026 – HUAFULI, a high-end decorative panel brand under the Shanghai Stock Exchange main board listed company “Dongguan Huali Industries Co., Ltd.” (Stock Code: 603038.SH), has leveraged its 30 years of brand heritage and formidable R&D and supply chain strength to achieve a rapid growth of over 50% against recent market downturns! Backed by a robust brand history, HUAFULI served as a supporting furniture materials supplier for top-tier international events, including the 2008 Beijing Olympics, the 2010 Guangzhou Asian Games, and the 2011 Shenzhen Summer Universiade, earning national-level recognition for its quality.
(From left) Mr. Wang Tangxin, Co-founder of Dongguan Huali Industries Co., Ltd.; Mr. Xie Zhikun, CEO and Co-founder of Dongguan Huali Industries Co., Ltd.; Mr. Wayne Lai Yiu Cheung, Brand Spokesperson of HUAFULI; Mr. Jacky Tan Xujie, Vice Chairman of Dongguan Huali Industries Co., Ltd.; Mr. Ji Juntao, Vice President of Dongguan Huali Industries Co., Ltd.; and Mr. Lu Xuqiu, Co-founder of Dongguan Huali Industries Co., Ltd. jointly officiate the ribbon-cutting ceremony for the opening of the new showroom.
HUAFULI today officially announced its full-scale entry into the Hong Kong market, establishing its presence in the heart of Lockhart Road, Wan Chai—renowned as “Hong Kong’s Building Materials Street.” A grand opening ceremony was held for its brand-new 2,800 sq. ft. flagship exhibition hall, the “HUAFULI Hong Kong Home Art Gallery”. The brand offers an Integrated Door-Wall-Cabinet solution and localized services, using Hong Kong as a strategic pivot to expand into the global market!
The ceremony, themed “Huafuli: A New Chapter in Hong Kong”, was officiated by management representatives, including Mr. Jacky Tan Xujie, Vice Chairman of Dongguan Huali Industries Co., Ltd., Mr. Xie Zhikun, CEO and Co-founder of Dongguan Huali Industries Co., Ltd., Mr. Lu Xuqiu, Co-founder of Dongguan Huali Industries Co., Ltd., Mr. Wang Tangxin, Co-founder of Dongguan Huali Industries Co., Ltd., Mr. Ji Juntao, Vice President of Dongguan Huali Industries Co., Ltd., and Mr. Ken So, Sales Manager of the Hong Kong Region, Huafuli. The event also featured a heavyweight guest, three-time TV King, renowned artist, and Brand Spokesperson Mr. Wayne Lai, who attended the ribbon-cutting and conducted a live contract signing ceremony, witnessing this significant milestone in HUAFULI’s development in Hong Kong.
30 Years of Dedication: From Single-Product Champion to System Service Provider; Executive President Xie Zhikun Reveals Deep “Hong Kong Ties”
Founded in 1995, Huali Shares was listed on the SSE main board in 2017. In its early years, the brand took the lead in breaking foreign technological monopolies, spearheading the formulation of China’s furniture edge banding industry standards, and achieving the highest national sales for ten consecutive years. Over 30 years of development, the brand has successfully upgraded from an edge banding sales champion to a whole-house system service provider encompassing decorative panels, edge banding, and home hardware. Amid the transformative challenges faced by the home building materials industry in recent years, HUAFULI has defied market trends with a robust growth of over 50%, demonstrating remarkable business resilience and market leadership.
During his opening speech, Mr. Xie Zhikun, CEO and Co-founder of Dongguan Huali Industries Co., Ltd., shared emotionally: “Thirty years ago, we started with a single edge banding strip, proactively formulating the industry standards for furniture edge banding in China and maintaining the number one sales position nationwide for thirty consecutive years. With this dedication, we successfully upgraded from a ‘single-product champion’ to a complete system covering decorative panels, edge banding, and home hardware. Even when the industry faced challenges recently, HUAFULI still achieved a 50% growth against the trend. In fact, our connection with Hong Kong began back in 2008 when we established a subsidiary here. Hong Kong people are extremely particular about home quality, placing special emphasis on eco-friendliness, moisture resistance, and health, which are precisely HUAFULI’s strengths. The ‘HUAFULI Hong Kong Home Art Gallery’ unveiled today is not just an ordinary showroom, but a home art gallery that offers peace of mind and lifestyle aesthetics. In the future, we will collaborate with all sectors in Hong Kong using solid products, a professional team, and localized services, opening a new chapter where quality and craftsmanship parallel each other—basing ourselves in Hong Kong, connecting with the Mainland, and radiating globally!”
Mr. Ken So, Sales Manager of the Hong Kong Region, Huafuli, Addresses Three Industry Pain Points, Eliminates Northbound Travel Hassles, and Sets a HK$100 Million Sales Target
In an exclusive media interview, Mr. Ken So, Sales Manager of the Hong Kong Region, Huafuli, deeply analyzed the business logic and localized strategy behind the brand’s entry into Hong Kong:
Eliminating Cross-border Travel Fatigue to Significantly Boost Deal Success Rates: Mr. So pointed out that local interior designers and homeowners were often limited to brochure samples or had to endure tiring trips to Mainland factories to view actual materials. “We established ourselves directly in the core area of Lockhart Road, Wan Chai, building a 2,800 sq. ft. high-spec exhibition hall. Designers can now bring clients at any time to view 1:1 physical large panels and finished door-wall-cabinet displays. The art gallery does not retail directly to homeowners but serves as a shared design base for Hong Kong designers and contractors, addressing eco-concerns on the spot and significantly improving local designers’ deal success rates.”
Insisting on a 100% Direct-Sale Model with Unified National Pricing—”Not a Cent Added”: Differentiating from traditional building material brands that rely on multi-tiered agents, Mr. So emphasized HUAFULI’s commitment to a direct-sale system: “Whether in the Mainland or Hong Kong, HUAFULI is directly operated by the group, ensuring high consistency in product quality, after-sales service, and pricing. Although we have set up a top-tier showroom in the prime location of Wan Chai and hired a star spokesperson, the panel prices remain unified nationally with the Mainland—’not a cent added’—truly yielding benefits to local partners with sincerity.”
Eco-friendly Panels Replacing Traditional Laminates; Setting a HK$100 Million Sales Target: Mr. So analyzed that eco-friendly decorative panels are in a golden growth period in Hong Kong, gradually replacing traditional fireproof laminates and veneers. “We see massive market potential, and HUAFULI has set a target of achieving HK$100 million in sales in Hong Kong within 3 to 5 years! The Hong Kong market is strict and aligned with international standards. We are using Hong Kong as a touchstone and strategic hub for adapting to global standards, and will further expand into more overseas markets in the future.”
Strong Supply Chain Backing to Achieve “Zero Minimum Order, Next-Day Delivery” Express Fulfillment: Relying on six major production bases in the Mainland (totaling 600,000 square meters) and a network of 14 branch warehouses, HUAFULI breaks the traditional months-long waiting period for imported building materials. It provides the local industry with a localized, one-stop delivery service characterized by “zero minimum order, zero inventory requirements, same-day response, and next-day delivery,” greatly alleviating the financial and warehousing pressures on local partners.
Global Debut of German-Japanese Nano-Microcrystalline EBH Technology; Dual Ultimate Eco-certifications Lead New Trends in HK Building Materials
With Hong Kong’s increasingly stringent requirements for green buildings, indoor air quality, and ESG standards, HUAFULI brings a high-specification product system suitable for the Hong Kong environment:
Hong Kong Debut of the German-Japanese EBH Series: Combining German plasma spraying and Japanese precision light-curing technologies, this series boasts top-tier performance across six dimensions: anti-fingerprint (90% reduction), scratch resistance (2H+ hardness), anti-mildew and antibacterial (99.5%+), and yellowing resistance. Its surface presents an advanced, luxurious 5° matte gloss, perfectly adapting to Hong Kong’s humid climate.
Dual Highest Eco-certifications: “ENF Grade + JIS JAS F4-star”: Showcasing top-tier eco-friendly panels (including Particle Board, Multi-layer Plywood, and Oriented Strand Board, etc.) that have comprehensively passed the dual certifications of the national highest environmental standard “ENF Grade” (formaldehyde emission ≤0.025 mg/m³) and Japan’s highest environmental standard “F☆☆☆☆ (F4-Star).”
Recognized by the “Hong Kong ECO Mark”: The products have obtained the Hong Kong Green Label Scheme certification, achieving extremely low TVOC and formaldehyde emissions from the source. This directly addresses the pain points of Hong Kong’s indoor air quality and aligns with the high standards for ESG inspection by developers.
Patented Laser Edge Banding 2.0 and colour matched door-wall-cabinet system: The entire series comes standard with the original factory’s seamless laser edge banding technology, achieving panel edge banding in-one. HUAFULI particularly advocates the “Integrated Door-Wall-Cabinet” concept, where interior doors, wall panels, and custom cabinets are all made from the same original factory batch of substrates with identical colors and textures. This achieves zero color difference and a highly unified whole-house aesthetics with perfectly extended textures, providing unparalleled one-stop quality solutions when paired with original factory moldings and hardware components.
Star Spokesperson Mr. Wayne Lai Yiu Cheung Attends the Event, Heavily Endorses Dual Ultimate Eco-friendliness at Contract Signing
The atmosphere at the grand opening ceremony was vibrant, with traditional auspicious lion eye-dotting and lion dance performances kicking off the splendid prologue for the “HUAFULI Hong Kong Home Art Gallery.” Brand Spokesperson Mr. Wayne Lai Yiu Cheung conducted a grand contract signing ceremony on site and joined management guests for a celebratory group toast and photo.
Hashtag: #HUAFULI
The issuer is solely responsible for the content of this announcement.
About HUAFULI
Founded in 1995, Huali Shares was listed on the main board of the Shanghai Stock Exchange in 2017 (Stock Code: 603038.SH). Starting from the field of decorative composite materials, the company has adhered to integrity and innovation, inherited the spirit of craftsmanship, and over the past 30 years, has developed into a comprehensive holding enterprise encompassing home building materials, smart water affairs, membrane filtration materials, and industrial digital intelligence businesses. It is committed to leading industry progress through high-level R&D, satisfying people’s aspirations for a better life through technological innovation, and empowering industrial upgrades through digital and intelligent technologies. Its home building materials business primarily focuses on edge banding, decorative panels, and home hardware, mainly used in panel furniture, interior decoration, and commercial space construction. It is the first domestic home materials manufacturing enterprise to break the German technological monopoly and possess independent intellectual property rights, and is the leading formulator of important industry standards for edge banding in China.
Dubai Land Department has introduced its AI-powered Initial Registration platform, combining project registration, property transaction registration and escrow account management in a single digital journey for developers. The platform, launched on September 3, is designed to cut repetitive data entry and document submissions while improving coordination between developers, the Dubai Land Department, or DLD, and banks responsible for managing project escrow accounts. It also gives developers a […]
KOCHI: Artificial intelligence is accelerating the scale, speed and sophistication of cybercrime, making resilience and skilled manpower critical to protecting essential systems, Director General of Police-rank officer and Vigilance and Anti-Corruption Bureau Director Manoj Abraham warned at the Kerala Cyber Suraksha Summit 2026.
Addressing the second edition of the summit at Le Meridien, Kochi, on Saturday, Abraham said cyberattacks had evolved to a point where they could cripple countries and organisations, disrupt critical infrastructure and interfere with military operations without conventional weapons being used.
He cited a 389 per cent year-on-year rise in confirmed ransomware victims worldwide, a figure also recorded by FortiGuard Labs for 2025, when 7,831 victims were identified compared with about 1,600 a year earlier. The security company linked part of the increase to the availability of AI-enabled crime tools and automated attack capabilities.
Abraham also pointed to the financial impact of online fraud across India, saying reported losses reached Rs 19,813 crore in 2025. Data compiled by the Indian Cyber Crime Coordination Centre from the National Cyber Crime Reporting Portal put the number of complaints that year at about 21.77 lakh, underscoring the volume of fraud cases confronting enforcement agencies and financial institutions.
The senior police officer said artificial intelligence had changed both the economics and operational reach of cybercrime by allowing attackers to automate tasks that previously required greater technical skill, time and manpower. That shift has increased the need for organisations to design systems capable not only of preventing breaches but also of continuing essential operations and recovering quickly when attacks succeed.
A shortage of cybersecurity skills is adding to the pressure. Abraham referred to a global gap of 4.8 million cybersecurity professionals, an estimate published by ISC2 in its 2024 workforce study. The organisation’s 2025 study shifted emphasis from total headcount to shortages in specific skills, finding that employers were increasingly concerned about capabilities in areas such as artificial intelligence, cloud security and incident response.
Abraham said Kerala’s human-resource base could provide an advantage in meeting demand for cybersecurity expertise, provided training kept pace with rapidly changing threats. His remarks placed workforce development alongside technology investment as a central component of cyber resilience.
Gaganyaan astronaut-designate Air Commodore Prasanth Balakrishnan Nair, who also addressed the summit, said cybersecurity alone would not be sufficient unless India strengthened its own artificial-intelligence capabilities. He said future conflicts and industries would increasingly blur distinctions between physical and digital domains, making sovereign technological capacity more important.
“No amount of cybersecurity is ever completely sufficient. True security can only be guaranteed if we develop our own AI technology,” Nair said, arguing that the country should use its software strengths to build indigenous systems rather than depend entirely on technologies developed elsewhere.
Ernakulam MP Hibi Eden inaugurated the summit. He welcomed an initiative by F9 Infotech to provide cybersecurity training, awareness programmes and certification without charge to government educational institutions across Kerala, an effort aimed at expanding access to basic cyber skills.
F9 Infotech founder Jayakumar Mohanachandran said cyber protection needed to extend beyond corporate leadership and specialist teams to ordinary users, businesses and public institutions. He said more than Rs 56,000 crore in cyber-fraud complaints had been recorded across India over the past three years, while response systems had helped prevent losses exceeding Rs 11,000 crore across roughly 32 lakh complaints.
FortiGuard Labs’ 2026 threat assessment, reflecting 2025 activity, also found that exploitation attempts rose by about 25 per cent to nearly 122 billion worldwide, while critical vulnerabilities could be targeted within 24 to 48 hours of disclosure. The findings illustrated the shrinking window available to defenders to patch exposed systems, revoke compromised credentials and contain intrusions before attackers move laterally through networks or deploy ransomware at scale globally.
Arabian Post Staff -Dubai Kuwait Finance House-Bahrain has joined Fintech Forward 2026 as a Diamond Sponsor, adding its backing to the fourth edition of Bahrain’s flagship financial services forum scheduled for October 7 and 8. The bank said it will also operate a pavilion in the exhibition area at Exhibition World Bahrain, where visitors will be able to learn about its digital banking services and technology-led offerings. […]
Arabian Post Staff -Dubai The UAE has approved the rollout of an artificial intelligence curriculum across all public and private schools, pairing classroom instruction with large-scale teacher training and a new AI-assisted decision-making system for the federal Cabinet. The decision, announced after a Cabinet meeting chaired by Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, makes AI education […]
Tether chief executive Paolo Ardoino has attributed Bitcoin’s failure to match gold’s global reach to a generational divide among financial decision-makers, arguing that the cryptocurrency remains poorly understood by many of the people who control pools of capital. Ardoino said Bitcoin is still at an early stage of adoption compared with gold, whose role as a store of value and reserve asset has been embedded in financial […]
Arabian Post Staff -Dubai Jazan University has launched a project to establish the Jazan Future Skills Center, partnering with Atomcamp Arabia under the sponsorship of Saudi Arabia’s Ministry of Communications and Information Technology during LEAP 2026. The university said the centre is intended to accelerate technology localisation, develop specialised local expertise and strengthen national capabilities in artificial intelligence and other digital fields. It will also support entrepreneurship, […]
Used-car marketplace CARS24 has complained to cybercrime police that confidential information linked to about 3,100 customers was unlawfully taken and passed to a competing business and outside vehicle dealers, with individual sales leads allegedly offered for roughly ₹1,000 each. The company has estimated the resulting commercial loss at about ₹5.70 crore, according to details of the complaint. The figure is CARS24’s assessment of business damage and should […]
CoinRabbit has been named Best Crypto Lending Platform 2026 by International Business Magazine, adding an industry accolade to the crypto-backed lender as it expands beyond loans into broader digital-asset capital management. The Toronto-based company said the recognition covers a lending operation that has originated more than $1.45 billion in crypto-backed loans since its launch in 2020. International Business Magazine lists a 2026 awards programme and says its […]
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