The Hong Kong Trade Development Council (HKTDC) released its inaugural HKTDC Export Confidence Index today. An upgrade to the well-established HKTDC Export Index, the new quarterly HKTDC Export Confidence Index will provide a more nuanced and comprehensive overview of business sentiment among Hong Kong-based exporters. Derived from a survey of more than 500 Hong Kong exporters, the Export Confidence Index comprises five sub-indices – Sales and New Orders, Trade Value, Cost, Procurement and Inventory. These findings are evaluated in terms of Current Performance (how they represent present market sentiment) and Expectation (a measure of exporter sentiment with regard to the coming quarter). For the first quarter…
Author: Marie Jones
Noah Holdings Limited (the Company, or Noah) (NYSE: NOAH and HKG: 6686), a leading wealth management service provider offering comprehensive global investment and asset allocation advisory services primarily for high-net-worth investors, today announced its unaudited financial results for the fourth quarter and the financial results for the full year ended December 31, 2023. Despite a challenging year for the global wealth management industry and a sluggish post-pandemic economic recovery, Noah continued to drive revenue and non-GAAP net income growth and keep a healthy operating margin. This robust performance was driven by Noah’s strategic foresight and adaptability as it transitioned from…
Cloud endoscopy system using NTT’s high-speed, low-latency IOWN APN technology Highlights: NTT’s IOWN APN technology and Olympus’ advanced technology for endoscopes will be utilized in a demonstration experiment of a cloud endoscopy system that enables real-time image processing of endoscopes on the cloud. Through this demonstration experiment, the two companies will establish a reference model for the commercialization of a cloud endoscopy system and contribute to overcoming current limitations of endoscope processing performance and improving maintainability, as well as flexible and rapid response to the market. NTT Corporation (NTT) and Olympus Corporation (Olympus) today announce that the two companies have…
Sunshine Insurance Group Company Limited (Sunshine Insurance or the Company, and its subsidiaries collectively the Group; HKG: 6963) is pleased to announce the audited consolidated results for the year ended 31 December 2023 (the Reporting Period). 2023 Annual Results Highlights: GWPs increased by 9.3% YoY to RMB118.91 billion; Insurance revenue increased by 7.5% to RMB59.90 billion; Net profit attributable to equity owners of the parent reached RMB3.74 billion; Embedded value was RMB104.06 billion, up 6.4% from the end of last year on a comparable basis; Comprehensive investment yield was 4.8%; As of December 31, 2023, the number of active customers…
HOFA Gallery returns to Art Central Hong Kong from 28 to 31 of March 2024, eager to captivate audiences at Booth B11 with a showcase titled ‘Abstract Actuality’. Presenting the works of eight internationally renowned artists, exhibiting Ilhwa Kim, Jan Kaláb, Mary Ronayne, Hannes Schauer, Alejandro Monge, Li Jie, Breakfast and Sougwen Chung, that intentionally play with the realms of reality. Elio D’Anna, co-founder of HOFA, elaborates by stating, “Art Central is renowned for pushing the boundaries of contemporary art since its inception and HOFA is proud to exhibit alongside Asia’s most innovative galleries alongside distinguished artists from around the world.” For 2024’s edition of…
TOKYO, Mar 26, 2024 – (JCN Newswire) – TANAKA Holdings Co., Ltd. (Head office: Chiyoda-ku, Tokyo; Group CEO: Koichiro Tanaka), the pure holding company of TANAKA Precious Metals, announced today that it has entered into a green loan agreement with Mizuho Bank, Ltd. (Head office: Chiyoda-ku, Tokyo; President & CEO: Masahiko Kato, hereafter “Mizuho Bank”) to finance the construction of the new head office building scheduled to open in April this year. The project received a Green 1(F)* rating from Japan Credit Rating Agency, Ltd. (JCR) in the Green Loan Framework Evaluation. Perspective Rendering of the new head office building *…
Marlin Equity Partners has signed a binding agreement to acquire a majority stake in Treasury Intelligence Solutions. The investment puts the company in a great position to continue investing in organic and inorganic growth opportunities across the Office of the CFO. Co-founder Joerg Wiemer, Aquiline Capital Partners LP, and the Management Team retain significant minority positions in the company. Today, Treasury Intelligence Solutions (TIS), a global leader in cloud-native cash management, liquidity and payment solutions, announced that it has signed a binding agreement to secure majority growth investment from Marlin Equity Partners (Marlin). The investment positions TIS to execute on organic…
mRNA-1283 induced a more robust immune response compared to Spikevax® COVID-19 vaccine, mRNA-1273.222 Next-generation mRNA vaccine design offers the potential of longer shelf life and storage advantages, and paves the way for combination vaccine against influenza and COVID-19, mRNA-1083 Moderna, Inc. (NASDAQ:MRNA) today announced that mRNA-1283, the Company’s next-generation COVID-19 vaccine, has successfully met the primary endpoints of its Phase 3 clinical trial, demonstrating a higher immune response against SARS-CoV-2 when compared to mRNA-1273.222, Moderna’s licensed COVID-19 vaccine. “We are excited to announce our fourth infectious disease vaccine program with positive Phase 3 data, further validating our robust mRNA platform,” said…
CleverTap, the all-in-one engagement platform, announced its selection by Umob, the Netherlands’ premier super-mobility platform; Umob combines all-electric e-mopeds, scooters, bikes, cabs and public transport within one app. Through CleverTap’s cutting-edge offerings, they will be able to harness the power of data-driven insights and personalised engagement. This will enhance user experiences, drive user retention, and optimise their overall business operations. Umob’s innovative approach to sustainable urban mobility has positioned it as a prominent name in the Netherlands market. They have simplified how people navigate cities with a seamless app experience. Umob was looking for a platform to enhance customer engagement and…
Smart vehicle transformation is a mega trend that has been reshaping the automotive industry. In China, it is estimated that the commuters in China’s top tier cities spend an average of over 80 minutes every day on the road. Smart vehicles with autonomous features can free up time and boost productivity for drivers and passengers during these long commutes. According to CIC, the global advanced driver assistance systems (ADAS) and autonomous driving (AD) solutions market presents a RMB61.9 billion opportunity in 2023 and is expected to grow at a CAGR of 49.2% through 2030 to reach RMB1,017.1 billion. Faced with…