Muse Finance, Strategic DeFi Partner of Moonstake, Welcomes CEO and Founder of Blocklime Aboard as Advisor

SINGAPORE, Sep 6, 2021 – (ACN Newswire) – Today, Muse Finance, the strategic DeFi partner of the industry-leading staking provider Moonstake, announces that it has onboarded Harpreet Singh Maan, the CEO and Founder of Blocklime, as its strategic advisor. The addition of a key advisor will serve to strengthen the development and leadership of Muse project and thus, the growth of Muse and Moonstake as the two projects work together to penetrate the DeFi market.



Having started with blockchain development at the age of 19, Harpreet gained diverse experience in software development, information technology, blockchain, and distributed ledger technology (DLT) development. Along his journey, Harpreet gained a position in the ISO Committee as a National committee member on ISO standards for "Blockchain & Electronic Distributed Ledger Technologies". He is currently Ambassador for Hedera Hashgraph and Hyperledger and an elected Advocate for Quorum by JP Morgan which was acquired by Consensys recently and Harpreet continues to serve as an advocate for Quorum under Consensys.

Harpreet is also a member of MDEC Digital Expert Panel & Industry Mentor under Digital Counsellor Programme to assist on DLT adoption in education & industry. Currently, he leads Blocklime, a Malaysian-based development & training company that specializes in Blockchain and DLT, while also acting as an advisor for multiple enterprises & governments on DLT adoption strategies. Harpreet is a thought leader focusing on solving problems with DLTs and exploring its potential applications in fintech, insurtech, and regtech. He believes that it is crucial to building talents and communities by conducting blockchain and DLT training, and he is a well-known speaker and trainer on these technologies himself.

Muse is a comprehensive DeFi platform launched in March 2021. It is working to launch various DeFi products, including a Wrapper to issue wrapped tokens for staking assets that can be used to provide liquidity to staked assets, as well as DEX (decentralized exchange) and Lending platforms to facilitate the distribution of such assets. To access these products, users will need Muse tokens that are currently available as an early adopter reward via Muse's lockdrop that is ending on 25 October, 2021. Muse is also a strategic partner of the industry-leading staking provider Moonstake and the two are working closely to penetrate the field of DeFi and bring advanced DeFi connectivity to staking users globally. As a fast-growing project in a rapidly developing market such as DeFi, strengthening the executive and advisory boards, amongst others, will be key to propelling the Muse platform and thus, Moonstake's journey in DeFi, to success. Previously, Muse also appointed David McDonald, a former CEO of Centrality Japan, as its Chief Technology Advisor (CTA) to lead the technology build-out Muse Finance needs to take on the DeFi market.

In welcoming Harpreet to the Muse's advisory board, Shogo Ishida, the Founder of Muse Finance and Senior Advisor of Moonstake, says: "Harpreet is a veteran in the field of blockchain and decentralized technology with his great experience leading esteemed companies and organizations. With Harpreet being a part of our advisory board, I am confident that Muse's growth on our journey to success will be greatly accelerated, and this will also benefit our partnership with Moonstake tremendously as the two of us work together to deliver excellent innovations to the DeFi market."

About Muse Finance

Muse.Finance is a Decentralized Platform where crypto users can receive staking rewards as well as participate in wrapping, swapping, lending, and yield farming to gain benefit. Its ecosystem, which consists of Muse Swap, Muse Lending, and Muse Wrap, enables a liquid PoS platform that integrates the ERC-20 DeFi Ecosystem with Ethereum 2.0. Muse.Finance also links non ERC-20 assets with the ERC-20 ecosystem, allowing owners of staked assets on platforms such as Cosmos, IRISnet, Cardano, etc. to participate in lending, liquidity mining, and yield farming. https://musefinance.io/

About Blocklime

Blocklime Technologies is blockchain thought leader & enabler based in Cyberjaya. Blocklime is a service startup focusing on developing blockchain technology, educating developers & technical consulting. https://www.blocklime.com/

About Moonstake

Moonstake was recently established to develop a staking pool protocol to satisfy increasing demands in regional and global blockchain markets. Moonstake develops a staking pool protocol and provides business services through partners and companies.

Moonstake aims to be the largest staking pool network in Asia by providing an active environment for crypto asset holders. Establishing a clear partnership roadmap with Moonstake represents another significant milestone for continuing to strengthen ties with leading platforms across Asia's burgeoning Distributed Ledger Technology (DLT) ecosystem. Partnerships have been announced with Emurgo, Ontology and NEO to boost staking adoption, Binarystar, Japan's biggest blockchain hub, OIO Holdings Limited (SGX: OIO), a Singapore-listed company. Industry's reputed advisors, such as Lisk and Lawrence Lim of RAMP DEFI support Moonstake's innovative journey.

With a full-scale operation launched in August 2020, we expanded our business and as of now, our total staking assets exceeded over USD 1 billion. https://www.moonstake.io/

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

New treatment option for schizophrenia Reagila(R) listed on PBS

MELBOURNE, Sep 6, 2021 – (ACN Newswire) – A new treatment for schizophrenia in adults, Reagila(R) (cariprazine), was listed on the Pharmaceutical Benefits Scheme (PBS) on 1 September, providing patients with an additional treatment option. Approved in the US since 2015 and EU since 2017, Reagila is approved in over 52 countries for the treatment of schizophrenia in adults.

Schizophrenia is a complex psychiatric disorder comprising a range of symptoms – positive symptoms include hallucinations and delusions, while negative symptoms include social withdrawal and apathy.

Affecting some 90,000 Australians, schizophrenia is our most stigmatised and disabling mental illness, with life expectancy nearly 15 years below the general population.

Reagila, in-licensed by Seqirus, a wholly-owned subsidiary of CSL, is an atypical antipsychotic which indirectly targets two neurotransmitters in the brain: dopamine and serotonin. Neurotransmitters are considered the brain's 'chemical pathways'.

Professor Ian Hickie, Co-Director for Health & Policy, The Brain and Mind Centre, University of Sydney and NHMRC Senior Principal Research Fellow said this listing highlights ongoing efforts to provide new treatments for schizophrenia and ensures people living with the illness have affordable access to a wider range of treatments.

"The complex nature of schizophrenia, whereby people experience a range of different problems, means treatment is not a "one size fits all". Additional options are most welcome and help to reduce the current barriers to effective treatment," said Prof Hickie.

"The annual cost to Australian society of psychosis is an estimated $6 billion. However, this figure does not account for the impacts endured by individuals, their families, and the supporting community.

"Schizophrenia is a complex and often persistent mental illness. It not only affects brain function and behaviour but is also associated with serious impacts on physical health. Consequently, it is associated with very high rates of premature death, often due to preventable illnesses such as heart disease, diabetes, infections, accidents and suicide," Prof Hickie said.

National CEO of the Mental Illness Fellowship of Australia (MIFA) Tony Stevenson welcomed the reimbursement of a new treatment option for those living with schizophrenia.

"The availability and accessibility of affordable treatment options for adults living with schizophrenia is crucial for the patient community, given the stigma they experience with the disorder, and resulting social isolation," said Mr Stevenson.

"Sadly, stigma can contribute to the impact of psychosis in schizophrenia, delays in accessing treatment, social isolation, stress, and furthermore, places those affected at higher risk for a more severe course of illness."

According to mental health advocate and policy advisor living with schizophrenia, Richard, 40, Sydney, "mental illness does not make you 'crazy'.

"Everyone needs love and hope, and this applies to those living with a mental illness too," Richard said. "Timely and affordable access to a range of treatment options plays an important role in effectively managing schizophrenia, while importantly, arming the patient community with hope.

"Love gives you a sense of self-worth – of being appreciated, having a net, and not being lonely. Hope gets you up in the morning, and helps to continue one's relationship with mental illness," said Richard.

Dr Jonathan Anderson, Seqirus Head of Medical Affairs Asia Pacific, in Melbourne, said, "The Australian Government's investment in innovative medicines like Reagila(R) is important to ensure Australians have timely and affordable access to treatments which may help to address the unmet need in schizophrenia.

"Seqirus is proud to make Reagila available in Australia for the first time, and we thank the Australian Government for their support in delivering this PBS listing – ensuring Australian adults living with schizophrenia can access this innovative medicine, and do so in an affordable way," Dr Anderson said.

"We know that additional investment in treatment options and support is critical to changing the statistics for people living with schizophrenia, their carers, family and friends"

DIGITAL MEDIA KIT
https://www.schizophreniamediakit.com.au
VNR
https://vimeo.com/592544606/d1188a8813

MEDIA CONTACTS
Joanne Cleary
Senior Manager, Communications, Seqirus
M: 0428 816 751 E: Joanne.Cleary@seqirus.com

Kirsten Bruce
Principal Senior, VIVA! Communications
Mobile: 0401 717 566 / 0421 551 257
Email: kirstenbruce@vivacommunications.com.au

Mel Kheradi
Mobile: 0421 551 257, VIVA! Communications
Email: melorin@vivacommunications.com.au

ABOUT SEQIRUS
Seqirus, a CSL company, is a leading provider of essential vaccines and pharmaceuticals. We have served Australia's healthcare needs for over a century, and today we operate Australia's only local manufacturing facility for seasonal and pandemic influenza vaccine. Seqirus produces a range of unique medicines in the National Interest, and also in-licences a broad range of paediatric and adult vaccines and specialty pharmaceutical products. http://www.seqirus.com.

ABOUT REAGILA(R)
Reagila(R) was TGA approved in November 2020 as a Schedule 4 (Prescription Only Medicine). Reagila is indicated for the treatment of schizophrenia in adult patients, and was listed on the PBS on 1 September 2021 for schizophrenia, requiring a Streamlined Authority prescription.

FURTHER INFORMATION
Reagila is not recommended for use during pregnancy, and in women of childbearing potential not using effective contraception. Breastfeeding is not recommended whilst taking Reagila. For further information, including Contraindications, Precautions, and Interactions, refer to the Product Information and Consumer Medicine Information, or your doctor or pharmacist.

Disclosure statement
No compensation was provided to Professor Ian Hickie, Mr Tony Stevenson, Mental Illness Fellowship of Australia or Richard for this media announcement, and the opinions expressed are their own. Professor Hickie has been briefed by Seqirus on the approved use of this product.

REFERENCES
1. The Pharmaceutical Benefits Scheme Medicine Status Website. CARIPRAZINE. 2021; Available from:
https://www.pbs.gov.au/medicinestatus/document/16.html.
2. Better Health Channel. Schizophrenia. [June 2021]; Available from:
https://www.betterhealth.vic.gov.au/health/ConditionsAndTreatments/schizophrenia.
3. Health Direct. Schizophrenia. 2020 [June 2021]; https://www.healthdirect.gov.au/schizophrenia.

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Sixth Belt and Road Summit draws to successful close

HONG KONG, Sep 3, 2021 – (ACN Newswire) – The sixth Belt and Road Summit, jointly organised by the Government of the Hong Kong Special Administrative Region (HKSAR) and the Hong Kong Trade Development Council (HKTDC), drew to a successful close yesterday (2 September). In response to the COVID-19 pandemic, this year's summit was changed to an online event. The virtual platform helped to overcome geographical boundaries, with more than 17,000 viewers from about 80 countries and regions attending the summit.


Under the theme "Driving Growth through Fostering Regional and International Trade", the sixth Belt and Road Summit brought together more than 17,000 participants from about 80 countries and regions.

Paul Chan, Financial Secretary of the Hong Kong Special Administrative Region (HKSAR), spoke at a session titled "Belt and Road and RCEP: Enhancing Regional Business Connectivity".

Teresa Cheng, Secretary for Justice of the HKSAR, highlighted the "incredible opportunities" afforded to Hong Kong's legal sector by the 14th Five-Year Plan and Greater Bay Area Outline Development Plan.


Under the theme "Driving Growth through Fostering Regional and International Trade", the two-day summit featured more than 80 government and business leaders from countries and regions along the Belt and Road, along with investors from Mainland China, the Asia-Pacific region, Europe, the Middle East and Africa as well as project owners and professional investment advisers. They all came together to discuss the latest developments driven by the Belt and Road Initiative.

Investment projects drive geographical connections

Holding the conference virtually presented no barrier to meaningful exchanges among participants. In addition to various breakout discussion sessions, the 2021 summit featured one-to-one business matching meetings and project pitching sessions that proved popular among both project owners and participants. The summit received over 260 investment projects from 42 countries and regions along the Belt and Road and beyond, including the Greater Bay Area, Indonesia, Thailand, Philippines, Sri Lanka, Italy, Egypt, UAE, Djibouti and others, focusing on four major areas – (1) energy, natural resources and public utilities; (2) innovation and technology; (3) urban development; and (4) transport and logistics infrastructure.

Belt and Road and RCEP foster global growth

The Regional Comprehensive Economic Partnership (RCEP) has become a key milestone in regional cooperation, developing significant synergies with the Belt and Road Initiative. In a plenary session titled "Belt and Road and RCEP: Enhancing Regional Business Connectivity", Paul Chan, Financial Secretary of the HKSAR, remarked that Hong Kong's strategic location makes the city a gateway for trade, investment and business between Mainland China and other RCEP economies, particularly countries in the Association of Southeast Asian Nations (ASEAN). "Hong Kong's trade in goods with the 15 RCEP economies last year totalled US$772 billion, accounting for about 73% of our total merchandise trade. In 2019, our trade in services with the RCEP was worth US$103 billion, accounting for nearly 60% of our services trade. China's 14th Five-Year plan supports Hong Kong's status as an international financial, transport and trade centre, and it encourages our continuing cooperation and exchanges with countries and regions around the world," Mr Chan said.

Huang Zhaohui, CEO and Chairman of the Management Committee, China International Capital Corporation (CICC), stated that the RCEP covered about one-third of the world's total population and accounted for one-third of global GDP, making it the world's largest free trade agreement. He believes the RCEP will bring great benefits to regional trade and investment. "The RCEP will deepen trade and economic connections between leading countries in the region through tariff reductions. We expect that China-Japan trade tariffs will be significantly reduced while China and Korea will further promote trade facilitation in key areas. This in turn will effectively increase the volume of trade between member countries and enhance regional economic vitality and competitiveness. At CICC we have decided to increase our overseas deployment, especially in Belt and Road countries. We are looking forward to long-term investment, leveraging our financial capabilities to assist the economic and capital market development of these countries."

Edward Yau, Secretary for Commerce and Economic Development of the HKSAR, added that Hong Kong has been striving to expand its economic and trade network worldwide through regional cooperation. "While we are seeing some backpedalling in certain areas of the global economy, there are sufficient incentives and also momentum to move towards to more regional cooperation. Hong Kong stands ready, as always, to be the platform and also the conduit for freer trade, not just in our part of the region, but also in the wider sense of the global economy."

Opportunities abound in Greater Bay Area

The 14th Five-Year Plan highlighted how the development of the Greater Bay Area will lead to boundless opportunities. This year's summit included the new GBA Track thematic series that featured plenary and panel discussion sessions, thematic breakout sessions and a virtual exhibition, covering a wide range of topics, including capital raising, green finance, digital technology applications and start-ups. Sun Yu, Vice Chairman and Chief Executive, Bank of China (Hong Kong) noted, "Infrastructure construction is the key to success of the Belt and Road Initiative, as infrastructure construction has a strong correlation with GDP growth. The tremendous demand for infrastructure investments along the Belt and Road has presented new business opportunities for commercial banks. Hong Kong commercial banks can take up the role as the project financing advisor and solutions provider. Through collaboration with policy banks, insurance companies, law firms and business consultants, they can build a financial services ecosystem, and make good use of market-oriented mechanism to provide systematic, diversified and innovative solutions, as well as financing support for suitable infrastructure projects."

Teresa Cheng, Secretary for Justice of the HKSAR, delivered a welcome speech in a session titled "Fostering Trade and Resolving Disputes in the Post-COVID Era – Hong Kong's Legal and Dispute Resolution Services". She mentioned the business opportunities and unique advantages of Hong Kong under "one country, two systems", explaining that the 14th Five-Year Plan and Greater Bay Area Outline Development Plan explicitly support Hong Kong as the centre for international legal and dispute resolution services in the Asia-Pacific region. "These two national policies have afforded incredible opportunities to the legal sector and therefore the businesses that utilise our legal and dispute resolution services," she said.

China International Capital Corporation Ltd serves as the Strategic Partner of the sixth Belt and Road Summit; Bank of China (Hong Kong) Ltd as the Regional Banking Partner; China Merchants Group as the Sapphire Sponsor; China Taiping Insurance Group as the Affiliated Insurance Partner; and China Mobile International Limited as the Platinum Sponsor.

Websites
– Belt and Road Summit website: https://www.beltandroadsummit.hk/en
– HKTDC Belt and Road Portal: http://beltandroad.hktdc.com
– Photo download: https://bit.ly/3tgRVdG

About HKTDC

The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Follow us on Twitter @hktdc and LinkedIn

Media enquiries:
HKTDC's Communications & Public Affairs Department
Sunny Ng, Tel: +852 2584 4357, Email: sunny.sl.ng@hktdc.org
Clayton Lauw, Tel: +852 2584 4472, Email: clayton.y.lauw@hktdc.org
Christine Kam, Tel: +852 2584 4514, Email: christine.kam@hktdc.org

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

New treatment option for schizophrenia – Reagila(R) – listed on PBS this week

MELBOURNE, Sep 3, 2021 – (ACN Newswire) – A new treatment for schizophrenia in adults, Reagila(R)(cariprazine), was listed on the Pharmaceutical Benefits Scheme (PBS) on 1 September, 2021, providing patients with an additional treatment option.1



Schizophrenia is a complex psychiatric disorder2 comprising a range of symptoms, including positive symptoms, such as hallucinations and delusions,6,7 and negative symptoms, such as social withdrawal and apathy.8,9

Reagila(R) – in-licensed by Seqirus, a wholly-owned subsidiary of CSL – is an atypical antipsychotic which indirectly targets two neurotransmitters in the brain – dopamine and serotonin.10 Neurotransmitters are considered the brain's 'chemical pathways'.11

Approved in the US since 2015, and EU since 2017, Reagila(R) is now approved in over 52 countries for the treatment of schizophrenia in adult patients.12

Co-Director for Health and Policy, Brain & Mind Centre, The University of Sydney, and NHMRC Senior Principal Research Fellow, Professor Ian Hickie, Sydney, said this new listing highlights ongoing efforts to provide new treatments for schizophrenia, and the need to ensure people living with the mental illness have affordable access to a wider range of treatments.

"The complex nature of schizophrenia,2 whereby people experience a range of different problems, means treatment is not a "one size fits all".3 Additional options are most welcome, and help to reduce the current barriers to effective treatment," said Prof Hickie.

"The annual cost to Australian society of psychosis is an estimated $6 billion. However this figure does not account for the impacts endured by individuals, their families, and the supporting community.4

"Schizophrenia is a complex and often persistent mental illness. It not only affects brain function and behaviour, but is also associated with serious impacts on physical health. Consequently, it is associated with very high rates of premature death,13 often due to preventable illnesses, such as heart disease, diabetes, infections, accidents and suicide,"14,15 Prof Hickie said.

Mental Illness Fellowship of Australia (MIFA) CEO, Tony Stevenson, Brisbane, welcomed the reimbursement of a new treatment option for those living with schizophrenia.

"The availability and accessibility of affordable treatment options for adults living with schizophrenia is crucial for this patient community, given the stigma they experience with the disorder15, and resulting social isolation,"8,9 said Mr Stevenson.

"Sadly, stigma can contribute to the impact of psychosis in schizophrenia, delays in accessing treatment, social isolation, stress, and furthermore, places those affected at higher risk for a more severe course of illness."16

According to mental health advocate and policy advisor living with schizophrenia, Richard, 40, Sydney, "mental illness does not make you 'crazy', 'dangerous', or less of a person. It can be an inevitable part of life, and we should accept the illness, just as we do with a physical illness."

"Everyone needs love and hope, and this applies to those living with a mental illness too," Richard said. "Timely and affordable access to a range of treatment options plays an important role in effectively managing schizophrenia, while importantly, arming the patient community with hope.

"Love gives you a sense of self-worth – of being appreciated, having a net, and not being lonely. Hope gets you up in the morning, and helps to continue one's relationship with mental illness," said Richard.

Seqirus Head of Medical Affairs Asia Pacific, Dr Jonathan Anderson, Melbourne, said the Australian Government's investment in innovative medicines, like Reagila(R), was important to ensure Australians havetimely and affordable access to treatments which may help to address the unmet need in schizophrenia.

"Seqirus is proud to make Reagila(R) available in Australia for the first time, and we thank the Australian Government for their support in delivering this PBS listing – ensuring Australian adults living with schizophrenia can access this innovative medicine, and do so in an affordable way," Dr Anderson said.

"We know that additional investment in treatment options and support is critical to changing the statistics for people living with schizophrenia, their carers, family and friends"

MEDIA CONTACTS
Joanne Cleary
Senior Manager, Communications, Seqirus
M: 0428 816 751 E: Joanne.Cleary@seqirus.com

Kirsten Bruce
Principal Senior, VIVA! Communications
Mobile: 0401 717 566 / 0421 551 257
Email: kirstenbruce@vivacommunications.com.au

Mel Kheradi
Mobile: 0421 551 257, VIVA! Communications
Email: melorin@vivacommunications.com.au

DIGITAL MEDIA KIT
https://www.schizophreniamediakit.com.au
VNR
https://vimeo.com/592544606/d1188a8813

ABOUT SEQIRUS
Seqirus, a CSL company, is a leading provider of essential vaccines and pharmaceuticals. We have served Australia's healthcare needs for over a century, and today we operate Australia's only local manufacturing facility for seasonal and pandemic influenza vaccine. Seqirus produces a range of unique medicines in the National Interest, and also in-licences a broad range of paediatric and adult vaccines and specialty pharmaceutical products. http://www.seqirus.com.

ABOUT REAGILA(R)
Reagila(R) was TGA approved in November 2020 as a Schedule 4 (Prescription Only Medicine).17 Reagila(R) is indicated for the treatment of schizophrenia in adult patients. Reagila(R) will be listed on the PBS from 1 September, 2021 for schizophrenia, and requires a Streamlined Authority prescription.

FURTHER INFORMATION
Reagila(R) is not recommended for use during pregnancy, and in women of childbearing potential not using effective contraception. Breastfeeding is not recommended whilst taking Reagila(R). For further information, including Contraindications, Precautions, and Interactions, refer to the Product Information and Consumer Medicine Information, or your doctor or pharmacist.

Disclosure statement
No compensation was provided to Professor Ian Hickie, Mr Tony Stevenson, Mental Illness Fellowship of Australia or Richard for this media announcement, and the opinions expressed are their own. Professor Hickie has been briefed by Seqirus on the approved use of this product.

REFERENCES
1. The Pharmaceutical Benefits Scheme Medicine Status Website. CARIPRAZINE. 2021; Available from:
https://www.pbs.gov.au/medicinestatus/document/16.html.
2. Better Health Channel. Schizophrenia. [June 2021]; Available from:
https://www.betterhealth.vic.gov.au/health/ConditionsAndTreatments/schizophrenia.
3. Health Direct. Schizophrenia. 2020 [June 2021]; Available from:
https://www.healthdirect.gov.au/schizophrenia.
4. The Royal Australian & New Zealand College of Psychiatrists, The economic cost of serious mental illness
and comorbidities in Australia and New Zealand. 2016.
5. Australian Government Productivity Commission, Mental Health, Productivity Commission Inquiry Report. 2020.
6. Schultz, S.H., S.W. North, and C.G. Shields, Schizophrenia: a review. Am Fam Physician, 2007. 75(12):
p. 1821-9.
7. NeuRA. Positive symptoms. 2020 [June 2021]; Available from:
https://library.neura.edu.au/schizophrenia/signs-and-symptoms/general-signs-and-ymptoms/positive-symptoms/.
8. National Institute of Mental Health. Schizophrenia. 2020 [June 2021]; Available from:
https://www.nimh.nih.gov/health/topics/schizophrenia/.
9. NeuRA. Negative symptoms. 2020 [July 2021]; Available from:
https://library.neura.edu.au/schizophrenia/signs-and-symptoms/general-signs-and-symptoms/negative-symptoms/.
10. Approved Reagila Product Information. Available from:
https://www.ebs.tga.gov.au/ebs/picmi/picmirepository.nsf/pdf?OpenAgent&id=CP-2020-PI-02598-
1&d=202106291016933.
11. The University of Queensland Australia. What are neurotransmitters? [August 2021]; Available from:
https://qbi.uq.edu.au/brain/brain-physiology/what-are-neurotransmitters.
12. Therapeutic Goods Administration. Australian Public Assessment Report for Cariprazine hydrochloride.
2021 [May, 2021]; Available from: https://www.tga.gov.au/sites/default/files/auspar-cariprazine-hydrochloride-210524.pdf.
13. Laursen, T.M., M. Nordentoft, and P.B. Mortensen, Excess early mortality in schizophrenia. Annu Rev
Clin Psychol, 2014. 10: p. 425-48.
14. Wildgust, H.J., R. Hodgson, and M. Beary, The paradox of premature mortality in schizophrenia: new
research questions. J Psychopharmacol, 2010. 24(4 Suppl): p. 9-15.
15. World Health Organization (WHO). Schizophrenia. 2019 [June 2021]; Available from:
https://www.who.int/news-room/fact-sheets/detail/schizophrenia.
16. Gil Dov Hoftman, M.D., Ph.D., The Burden of Mental Illness Beyond Clinical Symptoms: Impact of Stigma
on the Onset and Course of Schizophrenia Spectrum Disorders. American Journal of Psychiatry Residents'
Journal, 2016. 11(4): p. 5-7.
17. Reagila ARTG Summary. Available from: https://www.ebs.tga.gov.au/servlet/xmlmillr6?dbid=ebs/PublicHTML/pdfStore.nsf&docid=0C4BF80B7C892BC0CA258624003CC46E&agid=(PrintDetailsPublic)&actionid=1.
18. Therapeutic Goods Administration. Reagila Consumer Medicine Information. Available from:
https://www.ebs.tga.gov.au/ebs/picmi/picmirepository.nsf/pdf?OpenAgent&id=CP-2020-CMI-02599-
1&d=202107141016933.
Seqirus (Australia) Pty Ltd. ABN 66 120 398 067. Melbourne, Victoria; distributor for Gedeon Richter Australia
Pty Ltd. www.seqirus.com.au. Seqirus Medical Information: 1800 642 865. Reagila(R) is a registered trademark of Gedeon Richter Plc, Hungary. Seqirus(TM) is a trademark of Seqirus UK limited or its affiliates. Date of Preparation: August 2021. ANZ-RGLA-21-0122.

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Habitat for Humanity: Innovation Awards at the Virtual Asia-Pacific Housing Forum to Promote Winning Sustainable Solutions for Affordable Housing

BANGKOK, Sep 3, 2021 – (ACN Newswire) – The Asia-Pacific Housing Forum's Innovation Awards recognize and celebrate innovators and disruptors in the affordable housing sector. Startup and scaleup companies, policymakers and advocates, architects and engineers are invited to submit sustainable and practical solutions for affordable housing.



Paulette Liu


"The Asia-Pacific region faces complex housing challenges, compounded by rapid urbanization, natural and human-made disasters, the negative effects of climate change, and persistent poverty and inequality," said Luis Noda, Asia-Pacific vice president of Habitat for Humanity. "We need everyone working together and every possible creative solution that is locally adapted to address the housing deficit."

"The recognition allowed us to expand our circle of influence, created more awareness about our advocacy in the community and open more opportunities to help others," said Paulette Liu, president of SKILLS and a 2019 Innovation Awards winner.

The Innovation Awards (visit aphousingforum.org/innovation-awards) underscores the importance of strategic collaboration, specifically by multiple sector partnerships that foster innovations. The Awards are organized by Habitat for Humanity in collaboration with the Hilti Foundation, Whirlpool and the European Union-funded SWITCH-Asia SCP Facility.

There are three award categories: ShelterTech, Public Policies, and Inspirational Practices. The ShelterTech category seeks technology innovations (product & services) led by the private sector; while the Policies category promotes innovative public policies across all government levels to help reduce the housing deficit while taking into consideration specific needs of minorities, vulnerable and marginalized populations. The third category recognizes practices from public or public-private partnerships that contribute to improved communities and settlements and increased access to affordable housing for the most disadvantaged segments of society.

A special Sustainability Award, sponsored by the SWITCH-Asia SCP Facility, will be given to the innovator who will score highest in showcasing scalable solutions for sustainable housing, regardless of the category. The EU and its SWITCH-Asia Programme recognize the critical importance of the housing sector to sustainable consumption and production, and promote sustainable housing and buildings as part of their support for green, circular economies in its 24 target countries in Asia.

"For Asian countries to achieve more sustainable consumption and production in the housing and building sector, it is vital that we heed diverse experiences and adapt these to local realities. The SCP Award will showcase one solution that is particularly inspiring, and we are looking forward to supporting its winner in connecting with EU SWITCH-Asia stakeholders," said Zaida Fadeeva, Team Leader of the SCP Facility.

The top 12 finalists will get to present their ideas in front of a jury panel and the public during the virtual Innovation Awards Grand Premiere on December 1. Winners will be announced on December 8, 2021 during the Asia-Pacific Housing Forum. Each winner will receive a trophy and a US$ 5,000 cash prize. Deadline for submission is September 12, 2021.

The Forum, with the theme "Building forward better for inclusive housing," includes program tracks on resilient cities and communities, innovative housing solutions and technologies, sustainability in the housing sector, and financing affordable housing. It includes a training course on land tenure and markets and a youth congress that will highlight the need for decent, affordable housing and the ways in which the youth can contribute to addressing the housing challenge.

Register for complimentary access to the fully virtual Asia-Pacific Housing Forum at aphousingforum.org.

About Habitat for Humanity

Driven by the vision that everyone needs a decent place to live, Habitat for Humanity began in 1976 as a grassroots effort and has since grown to become a leading global nonprofit working in more than 70 countries. In the Asia Pacific region since 1983, Habitat for Humanity has supported millions of people to build or improve a place they can call home. Through financial support, volunteering or adding a voice to support affordable housing, everyone can help families achieve the strength, stability and self-reliance they need to build better lives for themselves. To learn more, donate or volunteer, visit habitat.org/asiapacific

About EU SWITCH-Asia Programme

Launched in 2007, the SWITCH-Asia programme is the largest European Union-funded programme promoting Sustainable Consumption and Production (SCP) supporting 24 countries in Asia and Central Asia. The programme has funded around 130 projects, supporting over 500 Asian and European non-for-profit partners, about 100 private sector associations and 80.000 Asian MSMEs. The SCP Facility, one of SWITCH-Asia Components, aims at strengthening the implementation of SCP policies at the national level, facilitating the coordination of all components of the programme through information sharing. In addition, it carries out analyses on the results of the pilot projects and supports dialogue with stakeholders.

The EU and its SWITCH-Asia programme have recognised the critical importance of the housing sector to sustainable consumption and production or SCP, and the construction, housing and buildings cluster is a major pillar of EU policy and SWITCH-Asia activities. It is highlighted as part of the green transition in the flagship EU Green Deal (2019) and the Circular Economy Action Plan (2020). To stimulate further green innovations, the EU has also put forward legislation including its Construction Products Regulation. As the housing and building stock in Europe is not expected to grow as dynamically as in Asia, one of the focus areas for the EU is the renovation of existing buildings for increased energy efficiency, through its "Renovation Wave" strategy (2020), which prioritises social housing. In the SWITCH-Asia programme, several national assignments focus on implementing SCP principles in the buildings sector, including in Pakistan, Bangladesh and Kyrgyzstan.

Media contact:
Maetavarin Maneekulpan
+66-2260-5820
mae@tqpr.com

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Binance and APENFT to Cohost ApeAvatar Charity Mystery Box Event on September 6

SINGAPORE, Sep 3, 2021 – (ACN Newswire) – Binance and APENFT will cohost the ApeAvatar Charity Mystery Box event opening on September 6. Centered around charity, the 60-day event incorporates NFT celebrity avatars and mystery boxes of designer toys to unleash greater potential for the NFT ecosystem. This marks another collaboration between the two after the Genesis NFT auction in June.



It is understood that the "ApeAvatar" event comprises two major sections – charity avatar claiming and the sale of select mystery boxes.

APENFT will create well-designed cyberpunk-style NFT avatars of 50 global influential people, including Justin Sun (founder of TRON) and Changpeng Zhao (founder and CEO of Binance), for them to claim. For each of the avatars claimed, APENFT will donate $5,000 to international philanthropic organizations such as One Tree Planted and Koala Clancy Foundation, in support of their tree planting projects.

In addition to the novel "celebrity + charity" activity, a select series of mystery boxes in a similar style to the celebrity avatars will also be launched at the event. This series features the classical Mona Lisa and David of Michelangelo, with each image composed of three independent parts – body, clothing, and colors – to endow the NFTs with uniqueness.

Earlier in June, APENFT joined hands with Binance and TRON and hosted the first auction on Binance NFT, which was titled Genesis. At the exclusive auction, the NFT version of Three Self-Portraits by Andy Warhol, a household pop artist, was sold for a spectacular $2.8 million. A total of 100 NFT artworks from the three series derived from Three Self-Portraits were sold out on Binance NFT as well. The auction concluded with record success on all fronts, including the quality and quantity of auction items and the closed deals.

APENFT and Binance are working together again to launch the ApeAvatar event, drawing on the clout of KOLs on social networks for charity auctions and leveraging the blockchain technology and NFT to boost support for philanthropic activities. This event showcases the potential in NFT, as well as the commitment of APENFT and Binance to the NFT field.

APENFT is backed by the underlying technology of top-notch blockchains Ethereum and TRON with support from the world's largest distributed storage system BitTorrent to deliver the mission of registering world-class artworks as NFTs on the blockchain. The foundation owns a collection of works by famous artists such as Pablo Picasso and crypto artists Beeple and Pak, with a total value of more than $30 million.

Embodying the combination of "art + technology", ApeAvatar guides people to co-build the Metaverse and to create a new era of digitalization, during which APENFT and Binance NFT will serve as a bridge for this great migration while fulfilling their own missions.

Media Contact:
Jessica ZHANG, APENFT
E-Mail: jessica.zhang01@tron.network
Website: https://www.apenft.org

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Shougang Century Announces 2021 Interim Results

HONG KONG, Sep 2, 2021 – (ACN Newswire) – Shougang Concord Century Holdings Limited ("Shougang Century", together with its subsidiaries, "the Group"; stock code: 0103.HK) is pleased to announce its unaudited interim results for the six months ended 30 June 2021 ("the Reporting Period").

During the Reporting Period, the Group recorded a revenue from continuing operations of approximately HK$1,283,336,000 (2020: HK$862,997,000), representing an increase of approximately 48.7% as compared with the last corresponding period, primarily attributable to the material increase in sales volume of steel cords. Gross profit from continuing operations increased by 48.5% over the same period last year to HK$226,886,000 (2020: HK$152,758,000). The Group's net profit during the Reporting Period also increased by 45.7% from same period last year to HK$52,256,000 (2020: HK$35,863,000). Net asset value of the Group was HK$1,719,423,000 at 30 June 2021, increased by 4.5% as compared to HK$1,645,571,000 at 31 December 2020. The increase in net asset value was mainly due to the net profit during the first half of 2021. Net asset value per Share was HK$0.91 at 30 June 2021, also increased by HK$0.04 as compared to HK$0.87 at 31 December 2020. During the Reporting Period, the Group also generated positive cash inflow from operations and maintained a sustained healthy financial position.

Mr. SU Fanrong, Chairman and Managing Director of Shougang Century said, "In the first half of 2021, with the pandemic outbreak generally being controlled in China, industries are gradually recovering. The PRC's gross domestic product in the second quarter of 2021 has increased by 7.9% as compared with the corresponding period last year, achieving an overall stable development. In addition, tyres witnessed a rigid demand amidst the general trend of recovery and growth in industries including transportation, significantly fueling sales of steel cords. Our results therefore showed a remarkable improvement during the Reporting Period."

The steel cord segment sold 105,947 tonnes of steel cords during the Reporting Period, increased by 27.0% as compared to the same period last year (2020: 83,405 tonnes). In respect of the sales of sawing wire products, attributable to the Group's persistent effort in exploring new customers as well as the improvement of the photovoltaic, sapphire, and magnetic material markets, sales volume increased substantially by 76.2% to 252 tonnes (2020: 143 tonnes). There was also a 3.4% increase over the corresponding period last year in sales volume of the Group's other steel wires to 4,560 tonnes (2020: 4,410 tonnes).

Located in Zhejiang Province and Shandong Province, the Group's two large production bases produce more than 200,000 tonnes of steel cords in total every year. To cope with the increasing demand for tyres in China and abroad, which fuels a robust market demand for steel cords, the Group expanded its production capacity through further optimizing its plant construction. In 2019, the Group kicked off an expansion plan in its Tengzhou factory and invested in new brass wire production facilities to add an additional 100,000 tonnes of steel cord production capacity. As the construction progress is satisfactory, the Group is building towards its goal to become an enterprise commanding an annual manufacturing capacity in excess of 300,000 tonnes of high-quality steel cords.

Mr. SU concluded, "Looking forward to the second half of 2021, the threat posed by the new virus variants and Sino-American relations remains uncertain. However, leveraging our exploration and experience in the steel cord industry over the years, we are confident in seizing the opportunities brought by the 14th Five Year Plan and are well poised to meet the increasing market demand for steel cords for domestic radial tyres. We will continue to make a dedicated exploration in other businesses in order to create greater synergy, whilst adopting a multi-pronged approach to improve our core competitiveness, in hope of achieve higher returns for our shareholders and investors."

About Shougang Concord Century Holdings Limited
The Group is primarily engaged in manufacturing of steel cords for radial tyres, sawing wires and hose wires. The Group possesses two large production bases in Zhejiang Province and Shandong Province, together producing more than 200,000 tonnes of steel cords in total annually. Having been delivering products of a consistently premium quality over the years, the Group supplies products to over 20 countries worldwide and has won wide recognition from international tyres manufacturers. Listed on The Stock Exchange of Hong Kong since April 1992, the Group has a strong shareholder base with substantial shareholders including Shougang Group Co., Ltd. (a state-owned enterprise under the direct supervision of the Beijing State-owned Assets Supervision and Administration Commission), a Fortune 500 company, and its controlled corporations, Bekaert Group and Li Ka Shing Foundation Limited. Through its longstanding dedication to purveying premium quality steel cords and wire products, the Group aims to become one of the top three independent manufacturers of steel cord industry in China.

For more information, please visit: http://www.shougangcentury.com.hk


Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

TEC case study on the Future of Work found that an increased number of their employees wanted greater workplace flexibility

HONG KONG, Sep 2, 2021 – (ACN Newswire) – The office of the future must be an inspiring physical space that facilitates communication, cooperation and collaboration in order to encourage employees to come into the office, according to the latest case study by The Executive Centre ("TEC"), the leading premium flexible workspace.

Modern technology and globalised communication systems have allowed us to become a more agile and mobile workforce, and these trends have accelerated with the COVID-19 pandemic. The workforce culture today is increasingly championing flexible working practices as the Future of Work, leading to a shift for multinational corporates towards adopting a flexible work culture through an extensive review and analysis of their portfolio and employee needs.

The case study reviews the learnings and provides a roadmap for other organisations that realise the value of flexibility but find it challenging to create an architecture to empower change.

One of the key learnings is that for companies to successfully transition towards flexible working practices, they need to understand their business requirements and priorities first, as there is no one-size-fits-all solution. They must also interview and collaborate with their employees extensively, conduct research to make informed decisions, seek external consultations from multiple industry partners, and understand where their operations need to be geographically and how the occupants will use that space. While the company approach must be tailored, there were three factors that all companies should consider in their workplace strategy: Physical, Digital and Social.

— Physical transformation: As people will be coming into the workplace to perform activities that they cannot do at home, office design will become one that facilitates communication, cooperation and collaboration.

— Digital transformation: With an increasing demand to work flexibly and remotely, technology and digitalisation of workflows will play a pivotal role in enabling day to day productivity.

— Social transformation: As the office will become a place where employees choose to work from, greater incentives will be needed to attract people into the office.

For its Greater Bay Area location, one of TEC's clients realised it required private office spaces and meeting rooms in a CBD location which would allow for multiple business units to operate, and a flexibility to scale up or down as their business needs changed. The Executive Centre's flexible workspace solution gave them the ability to mitigate their risks and reduce costs while remaining in the heart of Guangzhou's central business district.

"As a solution, flexible workspaces provide ready to use, fully furnished and serviced workspaces for the headcount that's needed at hand. This ability to scale up or down or move locations at relatively short notice is a highly intelligent way for companies to address their workspace requirements," said Paul Salnikow, Founder & CEO of The Executive Centre.

See the full case study from the below link for more insights and best practices The Executive Centre's Future of Work collaboration.

https://business-reporter.co.uk/2021/08/23/why-the-future-of-work/.

About The Executive Centre
The Executive Centre (TEC) opened its doors in Hong Kong in 1994 and today boasts over 150+ centres in 32 cities and 14 markets. It is the third largest serviced office business in Asia with annual turnover in excess of US$237 million.

The Executive Centre caters to ambitious professionals and industry leaders looking for more than just an office space – they are looking for a place for their organisation to thrive. TEC has cultivated an environment designed for success with a global network spanning Greater China, Southeast Asia, North Asia, India, Sri Lanka, the Middle East, and Australia, with sights to go further and grow faster. Each Executive Centre offers a prestigious address with the advanced infrastructure to pre-empt, meet, and exceed the needs of its Members. Walking with Members through every milestone and achievement, The Executive Centre empowers ambitious professionals and organisations to succeed.

Privately owned and headquartered in Hong Kong, TEC provides first class Private and Shared Workspaces, Business Concierge Services, and Meeting & Conference facilities to suit any business' needs.

For more information please visit www.executivecentre.com

Press Enquiries

Finsbury Glover Hering
Sheena Shah / Crystal Chow
Sheena.Shah@fgh.com / +852 3166 9855
Crystal.Chow@fgh.com / +852 3166 9838


Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

TEC case study on the Future of Work: Standard Chartered Bank found that around 75% of their employees wanted greater workplace flexibility

HONG KONG, Sep 2, 2021 – (ACN Newswire) – The office of the future must be an inspiring physical space that facilitates communication, cooperation and collaboration in order to encourage employees to come into the office, according to the latest case study by The Executive Centre ("TEC"), the leading premium flexible workspace and Standard Chartered Bank.

Modern technology and globalised communication systems have allowed us to become a more agile and mobile workforce, and these trends have accelerated with the COVID-19 pandemic. The workforce culture today is increasingly championing flexible working practices as the Future of Work. Standard Chartered Bank is leading the shift for multinational corporates towards adopting a flexible work culture through an extensive review and analysis of their portfolio and employee needs.

Sheridan Perkins, Property Program Director of Future Workplace, Now at Standard Chartered Bank said, "Initially, we assumed maybe 50% of our employees wanted Flex, but actually from our survey we found that over 75% wanted it. Typically, this was 2-3 days at home and 2-3 days at the office or a third space. Despite some regional nuances, this finding was reasonably consistent across all regions."

The case study reviews the learnings from Standard Chartered Bank's exercise and provides a roadmap for other organisations that realise the value of flexibility but find it challenging to create an architecture to empower change.

One of the key learnings is that for companies to successfully transition towards flexible working practices, they need to understand their business requirements and priorities first, as there is no one-size-fits-all solution. They must also interview and collaborate with their employees extensively, conduct research to make informed decisions, seek external consultations from multiple industry partners, and understand where their operations need to be geographically and how the occupants will use that space. While the company approach must be tailored, there were three factors that all companies should consider in their workplace strategy: Physical, Digital and Social.

— Physical transformation: As people will be coming into the workplace to perform activities that they cannot do at home, office design will become one that facilitates communication, cooperation and collaboration.
— Digital transformation: With an increasing demand to work flexibly and remotely, technology and digitalisation of workflows will play a pivotal role in enabling day to day productivity.
— Social transformation: As the office will become a place where employees choose to work from, greater incentives will be needed to attract people into the office.

For its Greater Bay Area location, Standard Chartered Bank realised it required private office spaces and
meeting rooms in a CBD location which would allow for multiple business units to operate, and a flexibility to scale up or down as their business needs changed. The Executive Centre's flexible workspace solution gave them the ability to mitigate their risks and reduce costs while remaining in the heart of Guangzhou's central business district.

"As a solution, flexible workspaces provide ready to use, fully furnished and serviced workspaces for the headcount that's needed at hand. This ability to scale up or down or move locations at relatively short notice is a highly intelligent way for companies to address their workspace requirements," said Paul Salnikow, Founder & CEO of The Executive Centre.

Shelley Boland, Head of Property Asia Pacific, Standard Chartered Bank added, "The talent of the future are expecting flex; whether that's flexible work hours or locations. Successful adopters of flex will be those that have the foresight to model and visualise how workplace changes may affect business outcomes, operations and employees, and be agile enough to constantly evolve their workspace to those needs. We see flexible office spaces playing a greater role in that strategy."

See the full case study from the below link for more insights and best practices from Standard Chartered Bank and The Executive Centre's Future of Work collaboration.

https://tinyurl.com/3vkbezyn

About The Executive Centre
The Executive Centre (TEC) opened its doors in Hong Kong in 1994 and today boasts over 150+ centres in 32 cities and 14 markets. It is the third largest serviced office business in Asia with annual turnover in excess of US$237 million.

The Executive Centre caters to ambitious professionals and industry leaders looking for more than just an office space – they are looking for a place for their organisation to thrive. TEC has cultivated an environment designed for success with a global network spanning Greater China, Southeast Asia, North Asia, India, Sri Lanka, the Middle East, and Australia, with sights to go further and grow faster. Each Executive Centre offers a prestigious address with the advanced infrastructure to pre-empt, meet, and exceed the needs of its Members. Walking with Members through every milestone and achievement, The Executive Centre empowers ambitious professionals and organisations to succeed.

Privately owned and headquartered in Hong Kong, TEC provides first class Private and Shared Workspaces, Business Concierge Services, and Meeting & Conference facilities to suit any business' needs.

For more information please visit www.executivecentre.com

Press Enquiries

Finsbury Glover Hering
Sheena Shah / Crystal Chow
Sheena.Shah@fgh.com / +852 3166 9855
Crystal.Chow@fgh.com / +852 3166 9838


Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Institutions maintain ‘buy’ rating as Yeahka (09923.HK) records fast growth

HONG KONG, Sep 2, 2021 – (ACN Newswire) – Institutions from China and abroad, including Citi, CLSA, Daiwa, China Securities, Zhongtai International and Guosheng Securities, have maintained "Buy" rating for Yeahka (09923.HK), underscoring their confidence with the prospects of the company's technology-enable business services. Yeahka, which has payment as its other major business, has achieved rapid growth in the first half of 2021, according to its interim results announced on Aug 26.

Citi views Yeahka's strategy stable fee rate and revenue sharing trend to boost merchants base "as largely in line with overall industry outlook", and believes "that continued investment to acquire traffic and investment in business (such as in-store ecommerce services) will make more meaningful contribution in the longer term leveraging Yeahka's solid execution".

A CLSA report expects Yeahka's GPV continues to increase, while the technology-enabled business achieving fast growth. "The company also started to provide in-store e-commerce services in Dec 2020, business that is upgraded from marketing services, to provide closer connection between merchants and consumers, and to create direct sales growth for merchants. Revenue was Rmb44.9m in 1H21, with the number of paid consumers more than 1.42m and GMV exceeded Rmb71.0m," the report noted. It expects the new business to "serve as a new engine for growth".

Guosheng Securities expects Yeahka's annual revenues from precision marketing, merchants SaaS product, and in-store ecommerce service to reach 2.8 billion, 4.2 billion and 7.2 billion RMB in the next three years, while net profit attributable to parent company reaching 476 million, 517 million and 1.039 billion RMB. This estimation, based on Yeahka's closing price of 27 HKD on Aug 25, gives the company PE ratio from 2021-2023 at 39, 36, and 18 times.

Guosheng sees the company benefit from acquisition of Chuangzinzhong, and efforts in online advertising service, as both agent and producer. With access to media platforms including TikTok, Toutiao, and Kuaishou, the services will promise more users to Yeahka's marketing service.

Guosheng also sees Juhuisaosao, Yuehuiquan and Haoshengyi, of Fushi, as gateways for Yeakha to introduce its other products. That will help boost the company's merchant SaaS users, as well as bringing high rise to ARPU.

"We stay confident with the long-term prospect of the company's payment and technology-enabled business services," Zhongtai International holds a similar view, noting Yeahka's businesses are closely inter-connected.

Yeahka would first boost its merchant base through payment services. As more transactions happen, Yeahka would then get deeper understanding of merchants' activities, and, through this process, accumulate a massive data of user trend. Based on data analyses, it would then offer different VAS to make monetization possible, and further expanding its business to achieve continued growth, Zhongtai further elaborates.


Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com