HK

GOWIN Semiconductor to Attend InfoComm 2024

Retrieved on: 
Thursday, May 9, 2024
FPGA, PCB, IP, Arora, HDMI, UREI, MIPI, Infocommunications, SerDes, SAN, Management

SAN JOSE, Calif. and GUANGZHOU, China, May 09, 2024 (GLOBE NEWSWIRE) -- GOWIN Semiconductor Corporation, a global leader in FPGA technology and the fastest-growing provider in the industry, is thrilled to announce its debut participation at InfoComm 2024, taking place from June 12th to 14th in Las Vegas, United States.

Key Points: 
  • SAN JOSE, Calif. and GUANGZHOU, China, May 09, 2024 (GLOBE NEWSWIRE) -- GOWIN Semiconductor Corporation, a global leader in FPGA technology and the fastest-growing provider in the industry, is thrilled to announce its debut participation at InfoComm 2024, taking place from June 12th to 14th in Las Vegas, United States.
  • Join us at booth W1352, where we will unveil our latest FPGA innovations and demonstrate their transformative capabilities.
  • InfoComm stands as North America's premier audiovisual trade show, uniting manufacturers, integrators, dealers, and end-users worldwide to explore cutting-edge technologies, products, and services.
  • For more information about GOWIN Semiconductor, please visit: https://www.gowinsemi.com/en/
    For more information about and to register for the conference, visit https://www.infocommshow.org/

GigaCloud Technology Inc Announces First Quarter Ended March 31, 2024 Financial Results

Retrieved on: 
Thursday, May 9, 2024
Spend, Investment, PIN, GCT, As a service, GMV, EL, Growth, EPS

EL MONTE, Calif., May 09, 2024 (GLOBE NEWSWIRE) -- GigaCloud Technology Inc (Nasdaq: GCT) (“GigaCloud” or the “Company”), a pioneer of global end-to-end B2B technology solutions for large parcel merchandise, today announced financial results for the first quarter ended March 31, 2024, including substantial growth in revenue, gross profit, and net income over the comparable prior year period.

Key Points: 
  • GigaCloud Marketplace GMV3 increased 64.0% to $907.7 million in the 12 months ended March 31, 2024, from $553.5 million in the 12 months ended March 31, 2023.
  • 3P seller GigaCloud Marketplace GMV4 increased 71.8% to $489.9 million in the 12 months ended March 31, 2024, from $285.2 million in the 12 months ended March 31, 2023.
  • 3P seller GigaCloud Marketplace GMV represented 54.0% of total GigaCloud Marketplace GMV in the 12 months ended March 31, 2024, up from 51.5% in the 12 months ended March 31, 2023.
  • Active buyers6 increased 29.1% to 5,493 in the 12 months ended March 31, 2024, from 4,255 in the 12 months ended March 31, 2023.

UCLOUDLINK GROUP INC. to Report First Quarter 2024 Financial Results on May 15, 2024

Retrieved on: 
Wednesday, May 8, 2024
UCL

HONG KONG, May 08, 2024 (GLOBE NEWSWIRE) -- UCLOUDLINK GROUP INC. (“UCLOUDLINK” or the “Company”) (NASDAQ: UCL), the world’s first and leading mobile data traffic sharing marketplace, today announced that it will report its unaudited financial results for the first quarter ended March 31, 2024 before U.S. markets open on Wednesday, May 15, 2024.

Key Points: 
  • HONG KONG, May 08, 2024 (GLOBE NEWSWIRE) -- UCLOUDLINK GROUP INC. (“UCLOUDLINK” or the “Company”) (NASDAQ: UCL), the world’s first and leading mobile data traffic sharing marketplace, today announced that it will report its unaudited financial results for the first quarter ended March 31, 2024 before U.S. markets open on Wednesday, May 15, 2024.
  • Management will hold a conference call to discuss these results at 8:30 a.m. U.S. Eastern Time / 8:30 p.m. Beijing Time the same day.
  • Listeners may access the call by dialing:

HUTCHMED Announces Appointment of Independent Non-executive Director and Member of Board Committee

Retrieved on: 
Wednesday, May 8, 2024
Goldman Sachs, Stock exchange, University, HKEX, MBBS, Fintech, Business administration, Innovation, Postgraduate diploma, Business, Yale University, Data science, University of Hong Kong, Therapy, Ageing, Security (finance)

Dr Bhatia, a licensed physician, has over 25 years of experience in the healthcare, finance and fintech, and regulatory sectors.

Key Points: 
  • Dr Bhatia, a licensed physician, has over 25 years of experience in the healthcare, finance and fintech, and regulatory sectors.
  • She is an experienced board director and chair, with a healthcare and financial services background in investment banking, asset management, venture capital and compliance.
  • The Board of HUTCHMED is of the view that Dr Bhatia will further enhance the skill set, expertise and knowledge base of the Board as a whole.
  • Mr Simon To, Chairman of HUTCHMED, said “On behalf of the Board, I would like to extend a warm welcome to Dr Bhatia to the Company.

Futu Announces Its Moomoo App Has Reached One Million Downloads in Japan

Retrieved on: 
Wednesday, May 8, 2024
Tokyo Stock Exchange, Osaka Exchange, FIBO, Muumuu

HONG KONG, May 08, 2024 (GLOBE NEWSWIRE) -- Futu Holdings Limited (“Futu” or the “Company”) (Nasdaq: FUTU), a leading tech-driven online brokerage and wealth management platform, today announced that its moomoo app has reached one million downloads in Japan, according to data.ai.

Key Points: 
  • HONG KONG, May 08, 2024 (GLOBE NEWSWIRE) -- Futu Holdings Limited (“Futu” or the “Company”) (Nasdaq: FUTU), a leading tech-driven online brokerage and wealth management platform, today announced that its moomoo app has reached one million downloads in Japan, according to data.ai.
  • Moomoo officially launched its brokerage business in Japan in September 2023.
  • Futu’s wholly-owned subsidiary, Moomoo Securities Japan Co., Ltd., holds the Financial Instruments Business Operators (FIBO) license in Japan.
  • It is also a member of Japan Securities Dealers Association (JSDA), Japan Investment Advisers Association (JIAA), Tokyo Stock Exchange and Osaka Securities Exchange.

Empowering Shareholders: AGBA's US$4b Merger with Triller Ushers in New Era of Value Creation

Retrieved on: 
Monday, May 6, 2024
Triller, 8-K, Security (finance), Partnership, Acquisition, Organization

At the same time, we work constantly testing and creating partnership and acquisition opportunities that would provide important long-term strategic advantages.

Key Points: 
  • At the same time, we work constantly testing and creating partnership and acquisition opportunities that would provide important long-term strategic advantages.
  • The $4 billion merger of AGBA and Triller announced on April 18, is a direct result of such team efforts.
  • Mr. Wing-Fai Ng, Group President of AGBA Group Holding Limited said “Creating shareholder value is not a throwaway line at AGBA.
  • We are deeply grateful and highly energized by the overwhelmingly positive response to our $4 billion merger with Triller.

BTCC Launches World Trading Competition with Record-breaking 10M USDT in Prize Pools

Retrieved on: 
Friday, May 3, 2024
Bitcoin, BWTC, BTCC, Observation, USDT, Cryptocurrency

VILNIUS, Lithuania, May 03, 2024 (GLOBE NEWSWIRE) -- BTCC Exchange , the world’s longest-serving cryptocurrency platform, announces the kickoff of the BTCC World Trading Competition (BWTC) 2024, featuring an unprecedented prize pool of 10 million USDT.

Key Points: 
  • VILNIUS, Lithuania, May 03, 2024 (GLOBE NEWSWIRE) -- BTCC Exchange , the world’s longest-serving cryptocurrency platform, announces the kickoff of the BTCC World Trading Competition (BWTC) 2024, featuring an unprecedented prize pool of 10 million USDT.
  • The competition's categories—individual trading, copy trading, and referral competition—are designed to accommodate traders of all skill levels and preferences.
  • The individual trading competition, already open for registration, features a significant shared prize pool of 1.4 million USDT, offering participants the chance to earn up to 26,700 USDT monthly.
  • Lead traders compete for a 50,000 USDT prize pool based on their lead trading performance, while copy traders vie for 30,000 USDT, with rankings determined by their copy trading volume.

Primeline Receives Notice of Enforcement of Guarantee

Retrieved on: 
Thursday, May 2, 2024
PECL, PPC, Syndicate, News, Guarantee

HONG KONG, May 02, 2024 (GLOBE NEWSWIRE) -- Primeline Energy Holdings Inc. (“Primeline” or the “Company”) announces that it has received notice of enforcement of its guarantee of the indebtedness of its subsidiaries, Primeline Energy China Limited (“PECL”) and Primeline Petroleum Corporation (“PPC”) from the syndicate of banks (the “Syndicate”) which provided the loan facility for finance of Primeline’s share of the development cost of the LS 36-1 gas field to PECL and PPC. As previously announced and as the Syndicate is aware, Primeline has no source of revenue or assets with which to repay the loan and meet its obligations under the Guarantee, in that production at LS 36-1 has been shut down. Primeline will therefore not oppose any enforcement proceedings. It is Primeline’s understanding that the Syndicate will be making application to the relevant courts to liquidate Primeline, PECL and PPC in due course.

Key Points: 
  • HONG KONG, May 02, 2024 (GLOBE NEWSWIRE) -- Primeline Energy Holdings Inc. (“Primeline” or the “Company”) announces that it has received notice of enforcement of its guarantee of the indebtedness of its subsidiaries, Primeline Energy China Limited (“PECL”) and Primeline Petroleum Corporation (“PPC”) from the syndicate of banks (the “Syndicate”) which provided the loan facility for finance of Primeline’s share of the development cost of the LS 36-1 gas field to PECL and PPC.
  • Primeline will therefore not oppose any enforcement proceedings.
  • It is Primeline’s understanding that the Syndicate will be making application to the relevant courts to liquidate Primeline, PECL and PPC in due course.
  • ON BEHALF OF PRIMELINE ENERGY HOLDINGS INC.

OSL and Solomon Strengthen Partnership to Facilitate Hong Kong’s Innovative Spot Crypto ETFs with In-kind Subscription and Redemption

Retrieved on: 
Friday, April 26, 2024
Crypto, Bitcoin, Ethereum, ETF, Investment, OSL, Partnership, Digital, SOC, Cryptocurrency

HONG KONG, April 26, 2024 (GLOBE NEWSWIRE) -- Hong Kong licensed and regulated digital assets exchange platform OSL Digital Securities (“OSL”), alongside its partner versatile securities brokerage Solomon JFZ (Asia) Holdings Limited (“Solomon”), is expanding beyond their existing omnibus brokerage model.

Key Points: 
  • HONG KONG, April 26, 2024 (GLOBE NEWSWIRE) -- Hong Kong licensed and regulated digital assets exchange platform OSL Digital Securities (“OSL”), alongside its partner versatile securities brokerage Solomon JFZ (Asia) Holdings Limited (“Solomon”), is expanding beyond their existing omnibus brokerage model.
  • This advanced partnership now includes comprehensive advisory and operational support, specifically tailored to facilitate the in-kind subscription and redemption processes essential for the successful deployment and management of Hong Kong’s first Spot Crypto ETFs, ready to be launched soon.
  • This enhancement of the partnership allows Solomon to play a key role as a participating dealer, facilitating these in-kind transactions that enable investors to subscribe to or redeem ETF shares directly with the underlying digital assets.
  • Patrick Pan, Chairman of the Board & CEO of OSL, addressed, “The introduction of these ETFs marks a significant enrichment of Hong Kong’s financial landscape, enhancing investment options and market liquidity which are crucial for our economy’s dynamism.

SOLOWIN HOLDINGS Strengthens Partnership with OSL to Facilitate Hong Kong’s Innovative Spot Virtual Asset ETFs with In-Kind Subscription and Redemption

Retrieved on: 
Friday, April 26, 2024
Digital, SFC, OSL, ETF, Partnership, Investment, Security (finance)

Solomon is the first batch of SFC-approved participating dealer of this innovative in-kind subscription and redemption for spot virtual asset ETFs in Hong Kong.

Key Points: 
  • Solomon is the first batch of SFC-approved participating dealer of this innovative in-kind subscription and redemption for spot virtual asset ETFs in Hong Kong.
  • As a participating dealer, Solomon will facilitate the in-kind transactions, enabling investors to subscribe to or redeem ETF shares directly with the underlying digital assets, thereby significantly enhancing both the liquidity and accessibility of digital asset investments.
  • Mr. Thomas Tam, Chief Executive Officer of SOLOWIN, noted, "Through our partnership with OSL and various regulatory entities, we are participating in the establishment of new standards for investment and compliance in the virtual asset sector in Hong Kong.
  • These efforts are crucial for advancing the local digital asset market, spurring innovation, and attracting more inbound investments."