Lightweight Nubi bags crafted in Japan, a Singapore-inspired new design and a limited gift with purchase arrive on Orchard Road from 13 to 31 October 2026.
SINGAPORE – Media OutReach Newswire – 12 October 2026 – pionunnal, the Japanese bag brand known for turning traditional Korean Nubi quilting into elegant everyday accessories, will open its first overseas pop-up at Takashimaya Department Store from 13 to 31 October 2026. The event brings together signature styles and the debut of bonbon, a new two-way bag inspired by Singapore’s Chinese New Year tradition of exchanging mandarin oranges.
With bags priced from S$106, the pop-up offers Singapore shoppers an opportunity to discover the brand in person: feel the soft quilting, compare sizes and colours, and find a bag for work, family outings or weekends away. Customers purchasing at the event will also receive a complimentary, non-retail mirror, while stocks last.
From a Japanese favourite to an everyday companion in Singapore Nubi is a traditional quilted fabric long used in Korea for bedding and household textiles. Recognising its durability, ease of washing and lightweight comfort, pionunnal gave the fabric a new purpose as a bag. By combining this traditional textile with fine stitching by Japanese artisans and refined design, the brand created a new category of “Nubi bags” with a distinctive appeal beyond the conventional tote.
Following the brand’s launch, social media brought attention to a fresh style: lesson bags designed for adults. Traditionally associated with children carrying supplies to classes and activities, the lesson bag became a fashion accessory for adults through pionunnal’s high-quality materials and clean, simple designs, which complement everything from casual looks to more polished outfits.
The brand’s first department store pop-up at Isetan Shinjuku drew a strong response, with customers queuing outside the department store on opening day. Through subsequent pop-ups at major department stores across Japan and collaborations with brands and companies, pionunnal helped establish a new culture of enjoying a second bag as part of an outfit, becoming a driving force behind the second-bag trend and opening up a new fashion category.
A new bag with a Singapore connection The event’s new release, bonbon (S$172), takes its inspiration from the mandarin oranges exchanged during Chinese New Year visits as symbols of good fortune and prosperity. It introduces an organza drawstring closure and velvet cord to pionunnal’s Nubi designs, giving the softly rounded bag a more decorative finish.
An adjustable, detachable strap allows bonbon to be carried as a shoulder bag or a compact mini bag. Measuring 280 mm wide, 120 mm deep and 150 mm high, it can carry mandarin oranges for festive visits, while also fitting into everyday outings and meals with friends. The Singapore event offers advance sales of bonbon, with a launch in Japan planned to follow.
Styles for different parts of the day Alongside bonbon, visitors can explore MILK (S$106), a compact companion for essentials; PIANO (S$112), a clean-lined tote that accommodates B4 documents, magazines and a laptop; and GARDEN (S$235), a roomy, rounded bag with two handle lengths and two deep interior pockets.
MOANA (S$192) and MOANA mini (S$166) pair a clear PVC outer bag with a Nubi tote. Each can be used separately or together, offering three carrying arrangements for city outings, pool visits and holidays. For those drawn to a structured silhouette, LADY (S$252) combines a square silhouette, satin lining and a base insert.
The brand name means “a rainy day” in Korean and expresses the idea that rainy days can still be enjoyable. In Singapore, the pop-up gives that philosophy a new setting, with designs intended to accompany the many different moments of everyday life.
Event information pionunnal POP UP STORE from Tue 13 Oct to Sat 31 Oct 2026 Available at Ladies’ Accessories, Level 1 (near main entrance), Takashimaya Department Store
Customers purchasing at the pop-up will receive a complimentary mirror, while stocks last. Gifts cannot be reserved. For the product line-up and further information, visit the official website.
The issuer is solely responsible for the content of this announcement.
About pionunnal
pionunnal is a Japanese bag brand founded in Kobe in 2019. Led by representative and Director Cha Kumson, it combines traditional Korean Nubi fabric with bags crafted in Japan. Its simple designs, versatile colours and practical approach to everyday carrying have attracted repeat customers, particularly among mothers in Japan.
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China’s passenger vehicle retail sales fell 24% in September from a year earlier, underscoring persistent weakness in domestic demand despite a seasonal recovery in purchases.
Preliminary figures released by the China Passenger Car Association on Saturday showed that retail deliveries totalled 1.702 million vehicles, compared with approximately 2.24 million during September 2025. Sales nevertheless increased 10% from August, reflecting a month-end improvement that failed to offset the substantial annual decline.
New-energy vehicle sales, covering battery-electric and plug-in hybrid models, declined 12% year on year to 1.141 million units. However, deliveries rose 14% from August, demonstrating stronger monthly momentum than the overall passenger vehicle market.
Electrified vehicles accounted for 67.1% of passenger vehicle retail sales during September, highlighting their growing dominance even as total purchases weakened. Their share of manufacturer wholesale deliveries reached 66.1%, according to the association.
The figures reveal a widening divergence between domestic consumer purchases and manufacturers’ distribution volumes. Passenger vehicle wholesale sales reached 2.528 million units, declining 10% annually but increasing 7% from August.
New-energy vehicle wholesale deliveries performed considerably better, rising 11% year on year to 1.672 million units. They also increased 11% from August, indicating that manufacturers maintained comparatively strong shipments despite softer domestic retail demand.
For the first nine months of 2026, cumulative passenger vehicle retail sales reached 13.418 million units, representing a 21% contraction against the corresponding period last year. The sustained decline illustrates the difficulty facing manufacturers seeking to stimulate purchases in the world’s largest automotive market.
New-energy vehicle retail sales totalled 7.816 million units between January and September, falling 12% annually. Their comparatively smaller contraction helped increase their proportion of overall passenger vehicle purchases.
Wholesale passenger vehicle deliveries reached 19.711 million units during the nine-month period, down 6% from a year earlier. New-energy wholesale shipments, however, increased 9% to 11.45 million units, reinforcing the contrast between production distribution and domestic retail activity.
The association’s figures suggest that electrification continues to reshape market demand without generating sufficient additional purchases to reverse the broader contraction.
Traditional petrol-powered vehicles faced particularly difficult conditions. The association identified higher fuel prices and changing consumer preferences as factors weighing on demand for conventional models.
It also observed that September, normally a stronger selling period for China’s automotive industry, had produced an unusually uneven performance. Manufacturers were competing for existing customers rather than benefiting from a substantial expansion in overall demand.
The industry body’s assessment indicated that gains were concentrated overwhelmingly among new-energy vehicles, while conventional petrol-powered models struggled to attract additional buyers.
Competition has intensified as manufacturers attempt to defend market positions, sustain factory utilisation and meet delivery targets. The association noted that many new-energy brands lacked particularly strong-selling models, complicating efforts to maintain sales momentum.
Dealerships also faced mounting operating pressure despite relatively low inventories. The association highlighted tensions across the automotive supply chain, where manufacturers, suppliers and retailers were experiencing differing financial conditions.
September’s final days nevertheless provided an important boost to deliveries. New-energy retail sales had reached approximately 827,000 units during the first 27 days, representing a 20% annual decline.
The full-month total of 1.141 million indicates that roughly 314,000 additional vehicles were sold during the final three days, substantially narrowing the annual contraction.
That acceleration lifted the new-energy share of passenger vehicle retail sales above the 65.7% recorded during the month’s first 27 days.
The figures also underline the importance of distinguishing wholesale deliveries from purchases by domestic motorists. Wholesale volumes include vehicles distributed through manufacturers’ sales channels and exports, while retail figures more directly reflect domestic consumer demand.
The stronger wholesale performance therefore does not necessarily indicate a corresponding improvement in purchasing conditions within China.
The association’s preliminary statistics cover September 1 to 30 and form part of its regular monitoring of passenger vehicle market activity.
Its assessment places particular emphasis on the contrasting performance of conventional and electrified vehicles, alongside the differences between manufacturers’ shipments and dealership sales.
The September figures also showed that new-energy vehicles represented nearly two-thirds of manufacturer wholesale volumes, broadly consistent with their dominant position in domestic retail purchases.
The association published the figures as part of its market review covering September 28 to 30, incorporating preliminary estimates for the completed month.
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DAVIS, US – Media OutReach Newswire – 9 October 2026 – BINGXUE, a mass-market tea beverage brand from Shandong, has opened its first U.S. store in Davis, California. After expanding into Southeast Asia, Central Asia, Africa, and other international markets, the brand has officially entered North America, marking another milestone in its global expansion. Backed by years of investment in supply chain capabilities, international compliance, and overseas store operations, BINGXUE is accelerating its international expansion and bringing Chinese tea beverages to consumers around the world.
BINGXUE Opens First U.S. Store in Davis, California: Shandong’s First Mass-Market Tea Beverage Brand Enters North America
On October 2, BINGXUE officially opened its first U.S. store in Davis, California, drawing strong foot traffic and sustained crowds throughout the day. From the moment the store opened, large numbers of local consumers gathered to explore the brand and line up for their favorite products. The line stretched more than 50 meters along the street, creating a striking new consumer destination in the neighborhood. Several signature soft serve and beverage products sold out within half a day, while customer traffic remained consistently high throughout the day, with staff working at full capacity to serve customers. According to store data, more than 1,000 beverages were sold on opening day, quickly generating strong consumer interest in the local market. The store quickly became a popular new destination in Davis, with many local residents sharing their visits on social media and generating widespread local buzz.
The grand opening also received significant attention and support from local government and business representatives. Davis Mayor Donna Neville attended the ribbon-cutting ceremony in person, joining the BINGXUE team to mark the official opening of the brand’s first North American store. Following the ceremony, Mayor Neville visited the store to learn more about BINGXUE’s ingredient standards, product portfolio, and global supply chain, and sampled several of the brand’s signature tea beverages. The beverages were well received for their quality and refreshing flavors, further strengthening BINGXUE’s connection with the local community and highlighting its growing presence in the market. The warm and engaging exchange throughout the event helped bring the brand closer to the local community and support its deeper integration into the North American market.
Representatives from the local chamber of commerce also attended the grand opening to congratulate the BINGXUE team and engaged in in-depth discussions with the brand on topics including localized operations, integration into the local business community, and opportunities for community collaboration. The recognition and welcome from the local business community provide a strong foundation for BINGXUE to establish a long-term presence in California.
This achievement reflects the brand’s long-term investment in supply chain development, compliance systems, and product localization. Although its first U.S. store opened only this year, BINGXUE began preparing for FDA requirements related to relevant ingredients three years ago, while its supply chain planning started even earlier. The company has spent years preparing its ingredients, certifications, production processes, and compliance systems for the U.S. market. The launch of its first store was therefore the result of long-term planning rather than a short-term market test.
Founded in Shandong in 2014, BINGXUE began its international expansion in 2023. In just three years, the brand has entered 18 countries and regions, with more than 5,000 contracted stores worldwide. Of these, more than 2,000 are overseas, with over 1,500 overseas stores already in operation, while the overseas store closure rate remains below 1%. From Southeast Asia to North America, BINGXUE continues to expand its global footprint.
BINGXUE’s global expansion strategy did not begin simply with opening stores overseas. It began with the long-term development of its brand, supply chain, and international compliance capabilities. BINGXUE is the first Shandong-based tea beverage brand to enter the U.S. market. Its ability to establish a presence in one of the world’s most competitive consumer markets, with stringent market-entry requirements, demonstrates the strength of its broader business and operational capabilities.
On the product side, BINGXUE offers a diversified portfolio spanning fresh fruit teas, milk teas, signature soft serve, yogurt smoothies, and other categories to cater to different tastes and consumption occasions. According to research by Champ Consulting, BINGXUE’s matcha soft serve ranks No. 1 globally in sales.
In terms of store experience, BINGXUE’s new 8.0 store format enhances customer engagement through a five-senses approach and premium aesthetics, while maintaining the same pricing structure and continuing its positioning of “premium experience at accessible prices.” The choice of Davis for its first U.S. store was not a simple replication of its domestic model, but a decision based on the city’s university ecosystem and young consumer base, supported by localized adjustments.
Many may ask why BINGXUE chose Davis rather than a major city such as Los Angeles or San Francisco for its first U.S. store. The answer lies in the character of the city itself.
Davis is one of the birthplaces of the U.S. “Farm-to-Fork” movement, where local ingredients and sustainable agriculture are deeply embedded in everyday life. UC Davis is consistently recognized as a leading institution in agriculture and food science. This strong emphasis on ingredients closely aligns with BINGXUE’s “Global Flavors Season” concept, which explores source regions and local flavors.
As a classic college town, Davis has a large student and university-affiliated population, while its diverse and open-minded community provides a strong audience for new-style tea beverages. Rather than competing for traffic in a major metropolitan market, BINGXUE positioned its first store close to consumers who value ingredients and are willing to try new products. In Davis’s competitive tea beverage market, the brand has also differentiated itself through accessible pricing and distinctive flavors that resonate with local consumers.
Successful international expansion for a tea beverage brand depends on far more than store operations. It requires an integrated system covering ingredients, production, certification, warehousing, logistics, and training. BINGXUE established its own factory as early as 2018. In August 2026, the BINGXUE Industrial Park officially opened in Qihe, Shandong, with a total investment of RMB 660 million, integrating manufacturing, R&D, training, and supply chain operations.
The industrial park includes production facilities covering key product categories such as powdered beverages, juices and jams, tea, and dairy products, supported by an R&D center and business training system. Together, these capabilities form an integrated chain spanning raw-material production, product development, staff training, warehousing, logistics, and store operations. More than 80% of BINGXUE’s raw materials are currently supplied by its own factories.
The company has also established a three-tier logistics network consisting of central warehouses, regional warehouses, and partner warehouses, supporting stores worldwide through domestic warehousing, overseas warehouses, and localized production.
Meanwhile, to meet food safety and production requirements across different countries and regions, BINGXUE has continued to strengthen its international compliance capabilities and has obtained six international certifications and related qualifications, including Halal, ISO 22000, HACCP, and FDA-related certifications and approvals. From factories to overseas warehouses, and from ingredient certification to store training, BINGXUE is gradually converting years of industrial investment into overseas operating capabilities.
For BINGXUE, international expansion also means building a supply chain capable of supporting operations across different markets. The company has taken a more asset-intensive approach, building the infrastructure and capabilities needed to support its expansion into the U.S. market.
The first U.S. store is only the beginning. A second U.S. location is already in development and is expected to open on Oxnard Boulevard in California. As Jiang Huabei, founder and general manager of BINGXUE, said, “The overseas market offers greater room for growth than the domestic market. If you decide to enter it, the goal should not be simply to test the waters, but to build for the long term, develop the market thoroughly, and meet unmet consumer needs.”
Going forward, BINGXUE will continue to build on its supply chain capabilities, focus on product development, and strengthen localized operations as it steadily advances toward its goal of reaching 10,000 stores worldwide within three years. With its entry into North America, BINGXUE is bringing Chinese tea beverages to more consumers around the world and opening a new chapter in the international expansion of Chinese tea culture.
Hashtag: #BINGXUE
The issuer is solely responsible for the content of this announcement.
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Rated AAA on the China national scale by Lianhe and recently ranked 398th on Forbes Global 2000, up from 1007th in 2022 · Milestone marked by a gong ceremony at the Connect Hall, Hong Kong Stock Exchange, on 30 June 2026
BUDAPEST, HUNGARY and HONG KONG SAR – Media OutReach Newswire – 30 June 2026 – OTP Bank Plc. (“OTP Bank” or “OTP”), the leading banking group in Central and Eastern Europe (CEE), today marked the establishment of its EUR 7 billion Euro Medium Term Note (EMTN) programme on the Stock Exchange of Hong Kong Limited (the “Hong Kong Stock Exchange” or “HKEX”) with a commemorative gong ceremony at the Connect Hall, Hong Kong Stock Exchange. OTP is the first European Union financial institution to open an EMTN programme on the exchange.
Official OTP Bank Gong Ceremony
The EUR 7 billion programme was established on the Hong Kong Stock Exchange on 28 May 2026, following approval of its base prospectus by Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF) on 27 May 2026, allowing the issuer to raise debt in multiple tranches, currencies, structures and maturities over time. For OTP – which holds an AAA issuer rating on the China national scale from Lianhe Ratings, the highest available – it establishes a permanent platform for trading with certain OTP bonds, and later for raising capital from Asian institutional investors.
On 16 June 2026, OTP priced the programme’s inaugural issuance: a EUR 1 billion Tier 2 note, listed in Hong Kong and Luxembourg. It is OTP’s largest-ever bond transaction and, as at the issue date, the largest euro-denominated Tier 2 note issued by a bank in the CEE and wider CEMEA region. The offering drew a peak order book of EUR 4.1 billion – the largest in OTP’s history – and priced at a coupon of 4.625%.
The listing builds on OTP’s growing presence in Asian capital markets. In 2025 OTP issued its first Dim Sum green bond, raising CNH 900 million and becoming the first Hungarian institution to issue a public offshore renminbi green bond, following a CNY 300 million bond in 2024. The Bank has operated a representative office in Beijing since 2017, became a full member of the Asian Financial Cooperation Association (AFCA) in 2024, and maintains a strategic partnership with the Industrial and Commercial Bank of China (ICBC).
Sándor Pataki, Director of Investor Relations and Capital Markets Operations of OTP Bank, said: “Listing our EMTN programme in Hong Kong is a clear demonstration of OTP Bank’s long-term vision and strategic commitment to international capital markets. Hong Kong excels itself as one of the world’s leading international financial centres, serving as a vital bridge between East and West. For OTP Bank, this is not only an opportunity to access liquidity, but also to deepen relationships and build lasting trust with investors in this dynamic region. The demand we have seen for OTP’s credit, including the record order book for our inaugural issue off the programme, reflects the growing interest in high-quality European issuers.”
As Asian investors increasingly look to Europe to diversify their portfolios, Central and Eastern Europe offers a distinctive proposition: emerging-market growth rates combined with the low-risk profile of the European Union. The region’s attractiveness is reinforced by its convergence towards the eurozone. Three of the five countries in which OTP is the market leader sit at the heart of Europe’s euro-convergence story – Bulgaria, which adopted the euro on 1 January 2026, Slovenia, which adopted the euro years ago, and Hungary, OTP’s flagship market, where the recently elected government aims to create the conditions for euro adoption around 2030.
OTP combines what rarely comes together in European banking: high growth, strong profitability and an ultraconservative balance sheet built for resilience. OTP Group is one of the largest and fastest-growing banking groups in the region, recently ranked 398th on the Forbes Global 2000 list, up from 1007th place in 2022. It pairs an annual organic loan growth of around 15% with a disciplined acquisition record and high profitability – a 2025 return on equity of 21.6% – and with an ultraconservative balance sheet: a leverage ratio well above its European peers, strong capital and liquidity, and one of the most resilient outcomes in the European Banking Authority’s latest stress test. In 2023, OTP became the first European bank to enter Uzbekistan, bringing the total population across OTP’s markets to 110 million.
Sándor Pataki, Director of Investor Relations and Capital Markets Operations of OTP Bank, added: “We believe the combination of growth, profitability and stability is what makes OTP an attractive name for fixed-income investors. This is also reflected in our recent ranking among the world’s top 500 companies by Forbes.These achievements are the result of a consistent strategy: prudent growth, diversified funding sources, and a strong focus on long-term partnerships. Over the decades, OTP Bank has built a solid track record in international debt capital markets, and today’s milestones further strengthen that foundation. Looking ahead, we see significant opportunities to deepen our engagement with Asian investors and institutions. We are confident that this listing will serve as a cornerstone for long-term cooperation, mutual growth, and shared success.” Hashtag: #OTPBank #Banking #Finance #HongKong #Hungary
The issuer is solely responsible for the content of this announcement.
OTP Bank
OTP Group provides universal financial services to 17.5 million customers across 11 countries in Central and Eastern Europe and Central Asia, with 40,000 employees and total assets of USD 138 billion. OTP has ranked No. 1 in Central and Eastern Europe by Tier 1 capital in The Banker’s Top 100 CEE Banks for three consecutive years (2023-2025); it was named the second best-performing bank in Europe by S&P Global Market Intelligence and the Best Bank in Central and Eastern Europe by Global Finance. The Group has risen to 398th on the Forbes Global 2000 in 2026 (from 1007th in 2022). OTP Bank has been listed on the Budapest Stock Exchange since 1995. The Bank holds an AAA issuer rating on the China national scale from Lianhe and is rated BBB by S&P.
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Advanced Micro Devices chief executive Lisa Su met Samsung Electronics’ semiconductor leadership in Seoul on Wednesday as the US chip designer sought closer co-operation on memory and manufacturing amid persistent supply constraints driven by artificial intelligence demand.
Su held talks with Young Hyun Jun, Samsung’s vice chairman and chief executive of its Device Solutions division, during a visit to South Korea that also included discussions with SK Hynix chief executive Kwak Noh-jung. The meetings placed high-bandwidth memory, broader DRAM supplies and possible foundry co-operation at the centre of AMD’s efforts to secure capacity for its expanding AI business.
Speaking to reporters in Seoul, Su said AMD continued to explore opportunities with Samsung across both memory and contract chip manufacturing. She described Samsung and SK Hynix as critical partners for AMD’s data-centre ambitions and urged memory producers to add capacity as quickly as possible.
The talks come as shortages across parts of the memory market complicate expansion plans for chip designers and data-centre operators. Demand for high-bandwidth memory, or HBM, has surged because AI accelerators require substantially greater memory bandwidth than conventional computing processors, while strong demand has also tightened supplies of standard DRAM products.
Su said the supply environment remained tight and AMD was working with customers to optimise their memory requirements so available capacity could support more computing. She said the company had built a strong supply chain but was working with suppliers to accelerate its expansion.
AMD expects demand for AI computing to remain elevated for several years and plans to increase chip supply substantially in 2027. Su said during a stop in Taiwan this week that the company had extended its capacity-planning horizon from one or two years to between three and five years as it works with manufacturing partners.
That planning encompasses advanced wafers, packaging, substrates and memory, all of which have become potential constraints as companies race to build AI infrastructure. AMD has been expanding its Instinct accelerator business as it competes with Nvidia for spending by cloud providers and other large data-centre customers.
Samsung already occupies an important position in AMD’s supply plans. The companies signed a memorandum of understanding in March covering next-generation AI memory and computing technologies, with Samsung designated a primary HBM4 supplier for AMD’s Instinct MI455X graphics processor.
Their agreement also covers advanced DRAM products for AMD’s sixth-generation EPYC processors, code-named Venice, and its Helios rack-scale AI platform. Samsung has supplied HBM3E memory for AMD’s MI350X and MI355X accelerators, extending a technology relationship between the companies that spans graphics, mobile and computing products.
HBM4 is particularly important to the next generation of AI hardware because increasingly powerful accelerators need faster transfers of enormous datasets while controlling energy consumption. Memory manufacturers have consequently directed more investment towards HBM, leaving capacity across other memory categories under pressure.
Samsung has been seeking to increase its position in the high-margin HBM market while SK Hynix remains another major supplier to AI chip developers. Strong AI demand has supported memory prices and earnings, though the pace of conventional DRAM price increases is expected to moderate after steep gains earlier this year.
AMD’s discussions with Samsung could also extend beyond memory. Their March agreement provided for talks on a possible foundry partnership under which Samsung could manufacture future AMD products. Su said on Wednesday that AMD was continuing to examine opportunities in that area, without announcing a manufacturing contract.
The possibility would give AMD another potential production option as advanced semiconductor capacity remains heavily sought after. Taiwan Semiconductor Manufacturing Co remains a central manufacturing partner for AMD, and Su met suppliers in Taiwan before travelling to South Korea as part of her capacity discussions.
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