Guangdong–Hong Kong–Macao Greater Bay Area

SoundThinking, Inc. Reports Second Quarter 2023 Financial Results

Retrieved on: 
Tuesday, August 8, 2023

FREMONT, Calif., Aug. 08, 2023 (GLOBE NEWSWIRE) -- SoundThinking, Inc. (Nasdaq: SSTI) (formerly ShotSpotter, Inc.), a leading public safety technology company that combines data-driven solutions and strategic advisory services for law enforcement and civic leadership, today reported financial results for the second quarter ended June 30, 2023.

Key Points: 
  • GAAP net loss totaled $2.7 million, compared to GAAP net income of $3.0 million for the same quarter of 2022.
  • Gross profit for the second quarter of 2023 was $12.7 million (57% of revenues), compared to $11.6 million (58% of revenues) for the same period in 2022.
  • Total operating expenses for the second quarter of 2023 were $15.0 million, compared to $8.4 million for the same period in 2022.
  • Adjusted EBITDA for the second quarter of 2023 totaled $2.4 million, compared to $4.1 million in the same period last year.

Hong Kong tech firm, ASL, accelerates growth in fintech arena with Finastra

Retrieved on: 
Tuesday, August 8, 2023

HONG KONG, Aug. 8, 2023 /PRNewswire/ -- Automated Systems Holdings Limited (ASL) (771.HK), a leading global IT solutions and services provider, has strategically partnered with Finastra, a global provider of financial software applications and marketplaces, to bolster its industry-specific DevSecOps business and strengthen its fintech trajectory.

Key Points: 
  • Under this partnership, ASL has become the sole authorized service provider for Finastra's Kondor solution in Hong Kong and Macau.
  • Amid favorable fintech policies, including the Chinese government's Fintech Development Plan (2022-2025) and the Hong Kong Monetary Authority's Fintech 2025 strategy, ASL is well-positioned to reinforce its strong presence in the fintech sector.
  • With Hong Kong being one of the Asia Pacific region's key fintech hubs, this partnership enables ASL to expand its reach and venture into the Greater Bay Area.
  • Our extensive DevSecOps IT managed services cover fintech organizations' needs throughout the entire IT lifecycle, in on-premise, hybrid, and multi-cloud environments.

Hong Kong tech firm, ASL, accelerates growth in fintech arena with Finastra

Retrieved on: 
Tuesday, August 8, 2023

HONG KONG, Aug. 8, 2023 /PRNewswire/ -- Automated Systems Holdings Limited (ASL) (771.HK), a leading global IT solutions and services provider, has strategically partnered with Finastra, a global provider of financial software applications and marketplaces, to bolster its industry-specific DevSecOps business and strengthen its fintech trajectory.

Key Points: 
  • Under this partnership, ASL has become the sole authorized service provider for Finastra's Kondor solution in Hong Kong and Macau.
  • Amid favorable fintech policies, including the Chinese government's Fintech Development Plan (2022-2025) and the Hong Kong Monetary Authority's Fintech 2025 strategy, ASL is well-positioned to reinforce its strong presence in the fintech sector.
  • With Hong Kong being one of the Asia Pacific region's key fintech hubs, this partnership enables ASL to expand its reach and venture into the Greater Bay Area.
  • Our extensive DevSecOps IT managed services cover fintech organizations' needs throughout the entire IT lifecycle, in on-premise, hybrid, and multi-cloud environments.

Shenzhen to Foster Quantitative Biology Stronghold

Retrieved on: 
Thursday, August 3, 2023

SHENZHEN, China, Aug. 3, 2023 /PRNewswire/ -- An international conference on quantitative biology was held recently in Southern China's Shenzhen, drawing over 300 participants from more than 20 universities worldwide to discuss illuminating opportunities and shaping the future of quantitative and synthetic biology.

Key Points: 
  • SHENZHEN, China, Aug. 3, 2023 /PRNewswire/ -- An international conference on quantitative biology was held recently in Southern China's Shenzhen, drawing over 300 participants from more than 20 universities worldwide to discuss illuminating opportunities and shaping the future of quantitative and synthetic biology.
  • Jointly organized by the Shenzhen Institute of Advanced Technology (SIAT) of the Chinese Academy of Sciences, Tsinghua University, Peking University, and the Shenzhen Institute of Synthetic Biology, the 17th Q-Bio on Quantitative Biology provided a dynamic global platform for fostering exchanges in the realm of quantitative biology and its related fields, said Dr. LIU Chenli from SIAT, one of the main organizers of the conference.
  • Quantitative biology, as a typical cutting-edge interdisciplinary field, reveals the design principles and operational laws of biological systems through the organic combination of advanced measurement means and theoretical modeling.
  • The Q-Bio aims to build Shenzhen an "international exchange platform + multidimensional resource collaboration + scientific achievements sharing + accelerated industrial transformation" on synthetic biology.

AGBA Group Announces Development of New Distribution Channels to Serve Hong Kong's Financial Services Market

Retrieved on: 
Tuesday, August 1, 2023

HONG KONG, Aug. 01, 2023 (GLOBE NEWSWIRE) -- NASDAQ-listed, AGBA Group Holding Limited (“AGBA”), the leading one-stop financial supermarket in Hong Kong, is widening its distribution footprint by adding new internal channels and partnering up with external channels.

Key Points: 
  • HONG KONG, Aug. 01, 2023 (GLOBE NEWSWIRE) -- NASDAQ-listed, AGBA Group Holding Limited (“AGBA”), the leading one-stop financial supermarket in Hong Kong, is widening its distribution footprint by adding new internal channels and partnering up with external channels.
  • It’s remarkable online and offline financial platform and advisory services make it easy for partner companies, financial professionals, and individuals to invest and manage wealth.
  • AGBA's distribution business comprises a diverse range of captive financial services distribution channels.
  • The Group is developing new distribution channels alongside these, based on years of experience gained from building FOCUS.

2023 ASEAN-China Greater Bay Area Economic Cooperation (Qianhai) Forum Held in Qianhai, Shenzhen

Retrieved on: 
Monday, July 31, 2023

SHENZHEN, China, July 31, 2023 /PRNewswire/ -- The 2023 ASEAN-China Greater Bay Area Economic Cooperation (Qianhai) Forum was held in Qianhai, Shenzhen from July 29 to 30.

Key Points: 
  • SHENZHEN, China, July 31, 2023 /PRNewswire/ -- The 2023 ASEAN-China Greater Bay Area Economic Cooperation (Qianhai) Forum was held in Qianhai, Shenzhen from July 29 to 30.
  • More than 500 political and business representatives from ASEAN countries and the Guangdong-Hong Kong-Macao Greater Bay Area attended the opening ceremony and related events.
  • At the opening ceremony of the Forum, the Greater Bay Area-ASEAN Association of Chambers of Commerce and the ASEAN-China Think Tank Cooperation Partnership were established, and the ASEAN-Greater Bay Area Economic Cooperation Initiative was announced.
  • They all looked forward to coming to the Greater Bay Area and Qianhai to invest, develop, and win a better future together.

Experts foresee China role in English learning

Retrieved on: 
Saturday, July 29, 2023

The 2023 Global English Education China Assembly, an online-and-offline event that opened at the City University of Macau (CityU), attracted over 1,600 experts, front-line educators and scholars from more than 20 countries and regions.

Key Points: 
  • The 2023 Global English Education China Assembly, an online-and-offline event that opened at the City University of Macau (CityU), attracted over 1,600 experts, front-line educators and scholars from more than 20 countries and regions.
  • They shared their insights to facilitate cross-cultural dialogue and discussed the most recent trends in English language teaching.
  • This year's assembly is hosted by China Daily and Shanghai International Studies University, and co-hosted by the Macao SAR Government Education and Youth Development Bureau, and organized by CityU and China Daily's 21st Century English Education Media.
  • In this context, the English education sector in China has the responsibility to serve as a vital bridge for English education globally.

Landmark Commercial Club Opens in Qianhai, Igniting New Consumer Vitality

Retrieved on: 
Tuesday, July 25, 2023

SHENZHEN, China, July 25, 2023 /PRNewswire/ -- Sam's Club, Walmart's high-end membership warehouse club, opened its flagship store in Qianhai last month.

Key Points: 
  • SHENZHEN, China, July 25, 2023 /PRNewswire/ -- Sam's Club, Walmart's high-end membership warehouse club, opened its flagship store in Qianhai last month.
  • The establishment of Sam's Club in Qianhai is not a mere coincidence.
  • In recent years, Qianhai has been accelerating efforts to improve its commercial facilities, nurturing the growth of the commercial sector, and enhancing the overall vibrancy of its business districts.
  • With major commercial complexes increasingly choosing Qianhai as their base, it showcases businesses' unwavering confidence in the area's development prospects.

Landmark Commercial Club Opens in Qianhai, Igniting New Consumer Vitality

Retrieved on: 
Tuesday, July 25, 2023

SHENZHEN, China, July 25, 2023 /PRNewswire/ -- Sam's Club, Walmart's high-end membership warehouse club, opened its flagship store in Qianhai last month.

Key Points: 
  • SHENZHEN, China, July 25, 2023 /PRNewswire/ -- Sam's Club, Walmart's high-end membership warehouse club, opened its flagship store in Qianhai last month.
  • The establishment of Sam's Club in Qianhai is not a mere coincidence.
  • In recent years, Qianhai has been accelerating efforts to improve its commercial facilities, nurturing the growth of the commercial sector, and enhancing the overall vibrancy of its business districts.
  • With major commercial complexes increasingly choosing Qianhai as their base, it showcases businesses' unwavering confidence in the area's development prospects.

Bluerun Ventures China holds Explorer Day in Hong Kong

Retrieved on: 
Friday, July 21, 2023

HONG KONG, July 21, 2023 /PRNewswire/ -- BlueRun Ventures China (BRV China), a leading early-stage technology-focused venture firm, held Explorer Day in Hong Kong on July 19 to share views on opportunities and challenges from various sectors under the theme of "Artificial Intelligence Skyrocketed: Capturing the Next Trillion-dollar Opportunity".

Key Points: 
  • HONG KONG, July 21, 2023 /PRNewswire/ -- BlueRun Ventures China (BRV China), a leading early-stage technology-focused venture firm, held Explorer Day in Hong Kong on July 19 to share views on opportunities and challenges from various sectors under the theme of "Artificial Intelligence Skyrocketed: Capturing the Next Trillion-dollar Opportunity".
  • The event was organized in partnership with InvestHK, the Greater Bay Area Homeland Investments Limited, Hong Kong Cyberport Management Company, and with support from HKAI Lab.
  • In his opening speech, Jui Tan said that Hong Kong, as an international financial center and business hub, holds a unique strategic position.
  • Going forward, BRV China remains fully committed to collaborating with global entrepreneurs to fully immerse in this historic wave of technological innovation.