Hong Kong Investor Relations Association Announces Winners of the 10th IR Awards 2024

HONG KONG, July 5, 2024 – (ACN Newswire) – The Hong Kong Investor Relations Association (“HKIRA”) today announced the winners of the 10th Investor Relations Awards 2024 (the “IR Awards” or the “Awards”).

In its tenth consecutive year, the Awards recognises and honours investor relations (“IR”) excellence and best practices among Hong Kong listed companies and IR professionals. In the complex global financial and investment environment this year, effective communication between companies and investors has become crucial. The Investor Relations Awards Conference and Awards Ceremony invited experts and professionals in the field to discuss and share their different perspectives on strategies, latest trends, effective processes and best practices in investor relations. HKIRA was particularly honoured to have Dr Kelvin Wong, SBS, JP, Chairman of the Accounting and Financial Reporting Council, as the guest of honour and keynote speaker at the Awards Presentation Ceremony.

The 10th IR Awards 2024 received widespread support from listed companies and the investment community. A total of 120 companies participated in the Awards this year. As in previous years, the winners were first nominated by the public and then selected via online polling by qualified voters among buy-side and sell-side investors. More than 480 investors from over 277 financial institutions voted this year. The continued support demonstrates the recognition the IR Awards enjoys in the investment community. As the importance of investor relations continues to grow in the industry, HKIRA has continued to strive to raise the standard of IR excellence in Hong Kong by optimising the award mechanism to ensure the quality of the awards.

Of all the award categories, “Overall Best IR Company” is the most prestigious, as the winner is selected by the judging panel from among the winners of all the award categories for its overall exemplary performance in investor relations. This year, the winners of Overall Best IR Company by company size – Large Cap, Mid Cap and Small Cap – are China Resources Beer (Holdings) Company Limited, Xtep International Holdings Limited and CGN New Energy Holdings Co., Ltd.

Dr Eva Chan, Founding Chairman of HKIRA, said, “The 10th IR Awards held this year is an important milestone for us. It not only acknowledges our efforts over the past decade, but also marks a significant step towards a new phase of development. We are honoured and grateful for the strong support and participation of professionals from various industries. Despite the highly uncertain global capital market conditions, including high inflation, high interest rates, and geopolitical volatility, we are privileged to have the support of regulators and government bodies such as the Accounting and Financial Reporting Council, Hong Kong Stock Exchange, the Securities and Futures Commission, the Hong Kong Financial Development Council, member companies, investor relations professionals, and friends from the investment community, who have gathered together to share their diverse perspectives on investor relations strategies, latest trends, effective processes, and best practices. We hope this will inspire and drive more companies to achieve excellence in the field of investor relations.

“In the current complex and ever-changing global financial market, listed companies need to actively engage with investors, increase transparency, provide timely and accurate information, and strengthen relationships with various stakeholders. This is vital for the long-term development of companies. The organisation of the Investor Relations Awards not only recognises the efforts in investor relations work over the past year, but also celebrates outstanding practices within the industry, thus contributing to the prosperity and development of the Hong Kong capital market.”

Strategic Public Relations Group is proud to once again be the Official Public Relations Partner and Diamond Sponsor of the HKIRA IR Awards 2024.

Friends from the investment community and industry professionals attend the 10th Investor Relations Awards Presentation Ceremony

The winners of the 10th IR Awards include the following companies (in sequential order of tickers):

1

CK Hutchison Holdings Limited

2

CLP Holdings Limited

12

Henderson Land Development Company Limited

13

HUTCHMED (China) Limited

17

New World Development Company Limited

101

Hang Lung Properties Limited

135

Kunlun Energy Company Limited

178

Sa Sa International Holdings Limited

272

Shui On Land Limited

291

China Resources Beer (Holdings) Company Limited

331

FSE Lifestyle Services Limited

388

Hong Kong Exchanges and Clearing Limited

511

Television Broadcasts Limited

551

Yue Yuen Industrial (Holdings) Limited

659

NWS Holdings Limited

700

Tencent Holdings Limited

778

Fortune Real Estate Investment Trust

823

Link Real Estate Investment Trust

857

PetroChina Company Limited

887

Emperor Watch & Jewellery Limited

933

Viva Goods Co. Ltd.

1044

Hengan International Group Company Limited

1070

TCL Electronics Holdings Limited

1299

AIA Group Limited

1361

361 Degrees International Limited

1368

Xtep International Holdings Limited

1397

Baguio Green Group Limited

1810

Xiaomi Corporation

1811

CGN New Energy Holdings Co., Ltd.

1830

Perfect Medical Health Management Limited

1836

Stella International Holdings Limited

1929

Chow Tai Fook Jewellery Group Limited

2020

ANTA Sports Products Limited

2191

SF Real Estate Investment Trust

2199

Regina Miracle International (Holdings) Limited

2313

Shenzhou International Group Holdings Limited

2319

China Mengniu Dairy Company Limited

2325

Yunkang Group Limited

3998

Bosideng International Holdings Limited

6110

Topsports International Holdings Limited

For the complete list of winners, please visit: https://www.hkira.com/awards/ehall2024.php  

Judging Panel

  • Professor Louis Cheng (Chairman of Judging Panel)
    The Hang Seng University of Hong Kong; Dr. S H Ho Professor of Banking and Finance, Director of the Research Institute for Business, Director of the Research Centre for ESG
  • Dato’ Seri CHEAH Cheng Hye MAoF
    Value Partners Group – Co-Chairman and Co-Chief Investment Officer
  • Mrs Amy Donati
    EDICO Holdings Limited – Executive Director and Chief Executive Officer
  • Ms Ashley Khoo, CFA, CPA
    CFA Society Hong Kong – Past President and Board Director
  • Mr Stephen Law
    Hong Kong Institute of Certified Public Accountants – Council Member
  • Mr Andrew Look
    CITIC Resources Holdings Limited – Independent Non-Executive Director
  • Ms Victoria Mio, CFA, FRM
    FIL Investment Management (Hong Kong) Limited – Director, Asia Pacific Equity
  • Dr Maurice Ngai
    General Committee and the Chairman of Membership Services of the Sub-Committees
    Chamber of Hong Kong Listed Companies

About HKIRA
Hong Kong Investor Relations Association (HKIRA) is a non-profit professional association comprising investor relations practitioners and corporate officers responsible for communication between corporate management and the investment community. HKIRA advocates the setting of international standards in IR education, advances the best IR practices and meets the professional development needs of those interested in pursuing the investor relations profession.

HKIRA is dedicated to advancing the practice of IR as well as the professional competency and status of its members. To date, HKIRA has over 1,300 members most of whom are working for companies primarily listed on the Stock Exchange of Hong Kong. About 64% of the Hang Seng Index Constituent Stock companies are currently members of HKIRA. HKIRA’s members are from a wide spectrum of professions including IR, finance, accounting, company secretarial to corporate investment and hold positions at different corporate levels, including top executives responsible for IR and management of listed companies. For more information about HKIRA details, please visit our website http://www.hkira.com.

About the IR Awards
The HKIRA Investor Relations Awards (the “IR Awards”) is an annual campaign that aims to encourage, recognize and reward the excellence in investor relations practices by individuals and companies listed in Hong Kong Stock Exchange. Since the launch in 2015, each year the Awards seeks out and highlights the incredible achievements of individuals and companies with high standards in investor relations through their role modelling to the investment community.

The Awards ceremony, consisting of a conference in the morning and presentation in the afternoon, is a spectacular gathering of IR specialists and industry professionals that applauds and publicizes the year’s achievements in investor relations. For details of the Awards and online nominations, please visit http://www.hkira.com/awards.

Media enquiries:
Strategic Public Relations Group

Cindy Lung

Tel: +852 2864 4867

Email: cindy.lung@sprg.com.hk

Holly Szeto

Tel: +852 2864 4859

Email: holly.szeto@sprg.com.hk

Website: www.sprg.asia

Hong Kong Investor Relations Association

Scarlet Cheng

Tel: +852 2117 1846

Email: irawards@hkira.com

Website: www.hkira.com

 



Copyright 2024 ACN Newswire. All rights reserved. http://www.acnnewswire.com

NSE is the world’s largest derivative exchange for fifth consecutive year: Ranks 3rd largest globally in equity segment in calendar year 2023

MUMBAI, INDIA, Jan 19, 2024 – (ACN Newswire) – NSE Group (National Stock Exchange of India and NSE International Exchange) has once again emerged as the world’s largest derivatives exchange group in calendar year 2023 by number of contracts traded based on statistics published by Futures Industry Association (FIA), a derivatives trade body.

National Stock Exchange of India (NSE) is the world’s largest derivatives exchange for the fifth consecutive year in 2023. NSE is ranked 3rd in the world in equity segment by number of trades (electronic order book) in 2023, as per the statistics maintained by World Federation of Exchanges (WFE).

The year has witnessed many milestones such as market capitalization of listed companies surpass USD 4 trillion, SME listed companies surpassed the Rs 1,00,000 crore mark and the Nifty 50 index surpassed the 20,000 index levels for the first time. The number of unique registered investors on the exchange surpassed 8.5 crores at the end of the calendar year.

NSE has witnessed year on year growth in number of clients traded for the 10th consecutive year beginning 2014 to 2023 in its equity segment. The year also saw record high turnover on single day in equity segment of Rs 167,942.47 crores on November 30, 2023, and Rs 381,623.12 crores on December 2, 2023, in the equity derivatives segment. The equity derivatives to cash market turnover ratio marginally declined this year from 2.86 in calendar year 2022 to 2.64 in calendar year 2023.

The equity segment completed its transition for settlement of all securities on T+1 basis. In the primary market, the timeline for listing of securities has been shortened to T+3 days.

Exchange launched the Social Stock Exchange as a segment this year which will facilitate the social enterprises (NPO and FPE) to showcase their work to a wider audience & mobilize funds through issuance of instruments such as Zero Coupon Zero Principal Bonds, thereby allowing participants to participate in philanthropic causes and bring in efficiency & transparency in the overall ecosystem. The segment has seen registrations by 42 Non-Profit Organizations (NPOs) and fund raising by one NPO.

In the commodity derivatives segment, the exchange has launched 21 new commodity derivatives contract including commodity options on futures contracts on underlying such as WTI Crude Oil, Natural Gas, Gold, Silver, and Base metals. 

NSE International Exchange (NSE IX), commenced its full-scale operations of the NSE IX-SGX GIFT Connect from July 3, 2023, paving way for creating deeper liquidity pool for Nifty products at GIFT IFSC. GIFT NIFTY contracts are available for trading for almost 21 hours, which overlaps Asia, Europe, and US trading hours.

Shri Sriram Krishnan, Chief Business Development officer, NSE said, “Ranking 3rd in the equity segment and being the largest derivatives exchange demonstrates the strong capabilities of Indian capital market ecosystem on the global map. This will help attract new investors as well as fund flows to Indian markets, thereby aiding capital formation. I take this opportunity to thank Government of India, Securities and Exchange Board of India, Reserve Bank of India, Trading members, Investors, and all other stakeholders for their continued support.”

About National Stock Exchange of India Limited (NSE):

National Stock Exchange of India (NSE) is the world’s largest derivatives exchange by trading volume (contracts) as per the statistics maintained by Futures Industry Association (FIA) for calendar year 2023. NSE is ranked 3rd in the world in equity segment by number of trades (electronic order book) in 2023, as per the statistics maintained by World Federation of Exchanges (WFE).  NSE was the first exchange in India to implement electronic or screen-based trading. It began operations in 1994 and is ranked as the largest stock exchange in India in terms of total and average daily turnover for equity shares every year since 1995, based on SEBI data. NSE has a fully integrated business model comprising exchange listings, trading services, clearing and settlement services, indices, market data feeds, technology solutions and financial education offerings. NSE also oversees compliance by trading, clearing members and listed companies with the rules and regulations of SEBI and the exchange. NSE is a pioneer in technology and ensures the reliability and performance of its systems through a culture of innovation and investment in technology.

For more information, please visit: www.nseindia.com

For any media queries please contact:

Arijit Sengupta – Chief Marketing and Communications Officer
Kumar Kartikey – Associate Vice President, Corporate Communications
Priyanka Roy – Senior Manager, Corporate Communications

Email ID:  cc@nse.co.in



Copyright 2024 ACN Newswire. All rights reserved. http://www.acnnewswire.com

FBS Unveils Record Growth, New Products at Annual Summit

SINGAPORE, Dec 13, 2023 – (ACN Newswire) – FBS, the leading global broker, summarizes 2023 and celebrates its remarkable achievements at its annual summit. Following its mission of being a reliable financial services provider, FBS has ensured growth opportunities for its clients by enhancing trading conditions, expanding its Introducing Broker program, and implementing diverse support initiatives for traders.

“Over this year, we at FBS have been gradually revising our services to make them more seamless, transparent, yet advantageous for the clients. Thanks to this transformative journey, all of our traders can now rely on fast and accurate order execution and one of the market’s biggest leverages, as well as choose from over 550 trading instruments to build their strategies on,” said Alexandra Zaitseva, Head of Public Relations and Events at FBS. “We also invested in client support, having created numerous opportunities for trading education and training, including in-person seminars, online streams, alerts, VIP market analytics, and other web and mobile tools.”

Several prestigious financial organizations and professional media have marked the brand’s efforts. The list of FBS’s accolades for 2023 includes

– Most Reliable Forex Broker title from the International Finance Expo highlighted the FBS’s trustworthiness and reliability in the dynamic world of forex trading.

– The double recognition as the Best Forex Broker in Africa from the renowned Traders Fair & Awards and the financial industry magazine World Business Outlook proved FBS’s leadership in the market.

– Best IB Program Globally and Best Client Support in Southeast Asia are two other notable nominations that World Business Outlook magazine granted to FBS. These qualifications acknowledged FBS’s success in ensuring the best conditions for its clients globally.

– Best Trading Account for Beginners title from a popular industry media FxScouts recognized FBS’s efforts in providing user-friendly and accessible trading solutions for newbie traders.

– Best Client Support in Latin America win at the Global Brands Magazine Awards marked the FBS’s benchmark approach to assisting its clients.

– Best Financial Broker of 2022-2023 accolade came from the esteemed Investment Summit in Upper Egypt and served as a testament to FBS’s performance and unwavering commitment to financial excellence.

Altogether, these accolades recognize FBS’s dedication to delivering top-tier services and offering trading conditions that stand out in the competitive landscape. FBS plans to introduce marked product novelties in 2024 that will take the brand’s service and reliability to the next level and continue empowering traders worldwide.

For more information about FBS and its award-winning services, visit www.fbs.com.

About FBS

FBS is a licensed global broker with over 14 years of experience and more than 75 international awards. FBS is steadily developing as one of the market’s most trusted brokers, with its traders numbering more than 27,000,000 and its partners exceeding 500,000 around the globe. The annual trading volume of FBS clients is over $8.9 trillion. FBS is also the Official Partner of Leicester City Football Club.

Social Links
Telegram: https://t.me/fbsanalytics
Facebook: https://www.facebook.com/financefreedomsuccess
Instagram: https://www.instagram.com/FBS_forex
YouTube: https://www.youtube.com/user/FBSforex

Media contact
Brand: FBS
Contact: Media team
Email: press@fbs.com
Website: https://fbs.com/



Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Indonesia’s Investment Outlook 2024 & Green Economy Opportunities: Singapore hosts BKPM Investment Forum

SINGAPORE, Dec 10, 2023 – (ACN Newswire) – Entering a political year in Indonesia in 2024, the Ministry of Investment/ Investment Coordinating Board (BKPM) organized an Investment Forum on Friday (12/08) in Singapore, focusing on the theme “Indonesia’s Investment Outlook 2024 and Green Economic Opportunities.”  The forum featured the Minister of Investment/ Head of BKPM, Bahlil Lahadalia, and the Indonesian Ambassador to Singapore, Suryo Pratomo, as key speakers.

Minister of Investment/Head of BKPM Bahlil Lahadalia
Minister of Investment/ Head of BKPM, Bahlil Lahadalia [IMAGE: BKPM]

With an audience of more than 200 forum participants, Minister Bahlil stated that the investment climate in Indonesia is continually growing, and the country remains open to collaborating with investors from Singapore to invest in Indonesia. He emphasized Indonesia’s openness to investors from all countries, not offering special privileges to specific nations.

“Despite facing political events, I am confident that politics wouldn’t hinder investments and the government will keep facilitating business permits through the Online Single Submission (OSS) Indonesia application,” said Bahlil. 

Indonesian Ambassador to Singapore Suryo Pratomo added that Indonesia, rich in natural resources, holds great potential. However, he stressed the importance of focusing on environmentally sustainable industries and ensuring well-being for future generations.

“The government is committed to reducing greenhouse gas emissions, promoting renewable energy sources, and preserving internationally recognized natural resources. We have embarked on ambitious steps to become one of the global leaders in the environmentally friendly economy,” emphasized Suryo.

The panel discussion session featured Deputy for Investment Promotion of the Ministry of Investment/BKPM, Nurul Ichwan; Deputy for Economic Affairs of the Ministry of National Development Planning/ National Development Planning Agency (PPN/Bappenas), Amalia Adininggar Widyasanti; Economic Advisor to the Coordinating Minister for Economic Affairs, Reza Yamora Siregar; Maritime and Investment Advisor to the Coordinating Minister, Edo Mahendra; and Chief Economist of Bank Mandiri, Andry Asmoro.

Singapore has been the largest Foreign Direct Investment (FDI) source for Indonesia in the last three years, with significant investments totaling USD 12.1 billion from January to September 2023. Dominant sectors include basic metal industries (USD 11.3 billion), transportation and warehousing, and telecommunications (USD 7.9 billion), as well as real estate, industrial zones, and housing (USD 7.8 billion).

The primary investment destinations are DKI Jakarta (USD 12.4 billion), Central Sulawesi (USD 6.5 billion), and West Java (USD 6 billion).

For further information, please contact:
Ricky Kusmayadi, Head of Communication and Information Service Bureau,
Ministry of Investment/ Investment Coordinating Board (BKPM) 
URL: www.investindonesia.go.id/en/home  E-mail: rickykusmayadi@bkpm.go.id



Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

GenTwo Continues Growth Story, New Inflows of Over US$1 Billion

ZURICH, SWITZERLAND, Feb 1, 2023 – (ACN Newswire) – The international securitization specialist GenTwo celebrates its 5th anniversary and looks back on a fast-paced development. In 2022 the number of new products increased by 60% and international business doubled.



The business momentum of GenTwo and its subsidiary GenTwo Digital has progressively picked up since the company was founded 5 years ago in February 2018. The products issued on its platform recorded over USD 1 billion in new inflows, resulting in a surge in assets under services growth to USD 2.5 billion as of today, despite the challenging market environment in 2022.

The number of new products increased by 60% to a total of 900. This impressive growth underpins the ongoing high level of interest in alternative and digital investments among institutional clients around the world and Gen Two's expertise to provide flexible portfolio structuring for investors.

"We were able to broaden our customer base once again in 2022 nationally and are currently servicing clients in over 25 countries. The number of clients grew by almost 50%, even 100% on an international level," says Philippe A. Naegeli,Co-Founder, and CEO.

This success is also based on a solidly developed and diverse workforce with an above-the-industry F/M gender ratio of 35:65, with 21 nationalities, totaling up to 70 employees.

Patrick Loepfe, Founder and Chairman of the Board says, "A 2022 highlight was the extension of the offering for financial intermediaries to retail investors. This move will transform the market for alternative and digital investment products and marks another pioneering achievement for GenTwo."

The main focus of 2023 remains on the continuous improvement and build-out of the service platform and its further digitization and client-centric automation. Additionally, the company pursues its international growth strategy by further internationalizing its customer base, onboarding more financial institutions onto its platform, and growing its ecosystem for investors and innovators.

About GenTwo and GenTwo Digital

Zurich-based innovative securitization specialist GenTwo has invented a new generation of financial products. The company creates securitization platforms for asset managers, banks, family offices and venture capital investors, enabling professional investors to easily invest in bankable and previously non-bankable assets. The focus on off-balance sheet investment products solves the problem of declining margins and growth barriers for many financial market participants. New performance potential emerges through granting access to a theoretically unlimited world of asset classes. Institutional investors can use GenTwo's securitization solution to realize their own product and business innovations, to make any type of assets investable and to help shape new, sustainable markets. Private investors in Switzerland can now also benefit from these innovative products via their financial intermediaries, thereby giving GenTwo the opportunity to open and expand its customer base to retail investors.

About GenTwo Digital

GenTwo Digital is based in Crypto Valley in Zug, Switzerland. The subsidiary of GenTwo enables professional investors around the world, and now also private investors in Switzerland, to securitize all digital assets, including crypto assets, in securities on the traditional financial market via their financial intermediaries.

Web: GenTwo.com

Contact GenTwo
Simone C. Drill
Chief Marketing & Communication Officer
media@gentwo.com
+41 79 207 33 49

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Broadhill Capital Announces its Capital Deployment Strategy for 2023

LOS ANGELES, CA, Jan 24, 2023 – (ACN Newswire) – Broadhill Capital announced today that the firm will target to commit equity investment of USD $15 Billion across approximately 100-150 businesses.

"We expect to make non-control equity investments into businesses that have the potential to achieve 5-10x revenue growth with our capital commitment," stated investment committee member Francis König. "We separate ourselves by our willingness to assist businesses in situations that often appear high risk to more conservative investors."

Investment commitments are expected to range between USD $50 Million to $5 Billion per company, with most falling between USD $100-500 Million. Businesses must either be public or be positioned and agree to become publicly listed on a major global stock exchange within 3 years. Most business types, industries, and geographies are eligible, provided the business activities are legal in the United States, and in the countries where the business operates. Due diligence and transaction approval should typically be completed within 30 days.

Businesses seeking equity investment may submit their opportunity for immediate consideration through the BroadhillCapital.com website by using the link: https://broadhillcapital.com/submit-business/.

Source: Broadhill Capital LLC
Media Contact: press@broadhillcapital.com

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

LiquidityFinder Brings Advanced Social Features to Leading Institutional OTC Liquidity Information Platform

LONDON, Jan 12, 2023 – (ACN Newswire) – LiquidityFinder is thrilled to announce the launch of their upgraded community-driven fintech platform to assist electronic trading businesses and institutional investors in discovering and connecting with well-matched business partners to drive OTC liquidity.




As organizations and the range of financial instruments they offer change frequently, providers seeking to enhance their liquidity services are in need of new tools to stay ahead of the competition. New entrants to the institutional liquidity provision space are emerging every month. LiquidityFinder provides the tools to let the market know what their product range is, and makes them immediately discoverable. Consumers of liquidity products also need to be sharp about who provides what instruments at a fair price to enable their business to stay competitive.

LiquidityFinder provides tools to simplify this discovery.

The new social, partnership and research functionalities developed by LiquidityFinder aim to make it easy for Brokers, Asset Managers, and Proprietary and Professional Traders to keep up to date with the latest changes in the industry, leverage advanced research, and obtain access to the best possible commercial terms for their business.

The free-to-use features include complete user profiles and posting, industry forums, and partner matching and messaging capabilities to directly communicate with Prime of Prime (PoP) brokers, ECN's and related businesses to optimize their trading. Users of the site can submit requests for information to brokers able to offer the services they require and for Retail Brokers, this means an ability to search and discover more competitive terms (spreads and commissions) than they currently receive from incumbent providers.

Sam Low, Founder and CEO of LiquidityFinder stated, "I am incredibly excited to announce the launch of the new LiquidityFinder platform. We have created an environment where any person involved in trading or fintech is able to research and follow the best liquidity and fintech providers in the market, keep on top of the latest news and developments in the trading and fintech industry and share their views, questions and comments in our secure forums to create engaging conversations covering the industry."

He continued, "Through our hands-on work with clients, we have been engaging with a broad range of traders and brokers to ensure that our new product meets their needs. Speaking to senior executives at retail brokerage firms I know that there is a lot of room for them to get more competitive business terms than those they are currently on. The businesses on LiquidityFinder are hungry for that business. The tools we have created help bring these two sides together."

About LiqudityFinder

LiquidityFinder is a community-driven fintech platform that assists electronic trading businesses in discovering and connecting with well-matched and sustainable business partners. Our mission is to help traders, brokers and institutions streamline their research and create frictionless partnerships that drive OTC liquidity more efficiently, accelerating their time to market. www.liquidityFinder.com @LiquidityFinder

Media Contact:
Sam Low
LiquidityFinder
+44 7734 467909
Visit us on social media:
Facebook: www.facebook.com/liquidityfinder
Twitter: https://twitter.com/LiquidityFinder
LinkedIn: www.linkedin.com/company/liquidity-finder

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

ApexBrasil Agency and Alibaba Signed a Memorandum of Understanding

HONG KONG, Sep 6, 2022 – (ACN Newswire) – The Brazilian Export and Investment Promotion Agency (ApexBrasil) held a memorandum of understanding (MoU) signing ceremony with Alibaba Group to deepen their cooperation on cross-border e-commerce platforms during the China International Fair for Trade in Services on September 3, 2022. Under the framework of the MoU, the two parties will expand cooperation and strengthen Brazilian enterprises' e-commerce, cross-border trade and digitalization, thus accelerating the deepening of digital cross-border trade, and creating more opportunities for Brazilian products to be exported to Asian and global markets through e-commerce.

Under the framework of the MoU, the "Made in Brazil" national pavilion will be launched on Alibaba's international website. 100 local companies with e-commerce experience in the platform's hottest-selling industries will join "Made in Brazil" label, many of them receiving settlement support and subsidies from ApexBrasil. Alibaba.com provides exclusive services for operations as well as B2B distribution services for customized Brazilian exports. In addition, in order to cultivate Brazil's digital economy talents and support the development of the local e-commerce ecosystem, ApexBrasil and Alibaba agreed to jointly promote a digital economy training program in Brazil to educate Brazilian entrepreneurs as well as professionals and students in digital trade and relevant fields and provide a solid foundation for the industry's future development.

In 2021, Brazil's e-commerce sales increased by 35%. Brazilian companies' sales in China through Alibaba's e-commerce platform are projected to reach US$ 253 million, with food products particularly in high demand by Chinese consumers. ApexBrasil has established close cooperation with Alibaba. In addition to promoting Brazilian companies' global sales, ApexBrasil is also taking this opportunity to enhance Brazilian companies' understanding of the Chinese market and its opportunities, hence deepening their cooperation with Alibaba's retail channels. With continuous support, ApexBrasil is accelerating the digitalization and globalization of Brazilian SMEs and Brazilian companies are enthusiastic about joining Alibaba's e-commerce platforms. Since 2021, ApexBrasil has reached 370 Brazilian companies interested in selling through Alibaba.com with the Acceleration program in Digital Platforms.

The expanding cooperation between ApexBrasil and Alibaba over the years has carried out fruitful results. Since June this year, Brazilian companies and Alibaba successfully promoted the intention of 2 key companies to export their products to China, Brazilian specialty coffee SANTA MONIKA, a well-known Brazilian brand, and the juice brand NATURAL ONE. The signing and approval of the two contracts are expected to be completed in September with the first order placed in October. They will cooperate with Alibaba Group's hybrid (online and offline) platform to introduce Brazil's high-quality products to the Chinese market.

Lucas Fiuza, Business Director of ApexBrasil said: "ApexBrasil has been working diligently to promote international e-commerce so that Brazilian companies can expand their export options to include e-commerce. Specifically, I would like to highlight the successful projects we have started with Alibaba.com so that more Brazilian companies can learn how to use this international platform for selling their products. I would also like to send a special message to all companies who are following us. Brazil is the right place for your business, and ApexBrasil is how you find the best deals. Think Big, Think Brazil."



Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

The Bazaars Project launches peer-to-peer marketplace app to Exchange goods, vehicles or property for crypto

British Virgin Islands, Jun 30, 2022 – (ACN Newswire) – The Bazaars Project has launched its peer-to-peer marketplace app in the Apple App and Google Play stores. The app allows users to buy and sell goods, property, and vehicles with cryptocurrency. This milestone is significant for the Bazaars Project's mission to create a proof-of-stake blockchain network and a decentralized peer-to-peer marketplace.

"The crypto market value is more than $2 trillion. There are thousands of cryptocurrencies and most of their value so far has come from speculation and trading rather than their ability to be exchanged for any tangible goods or assets. The Bazaars Project is aiming to change this by providing a marketplace where people can buy and sell everyday products and valuable assets using cryptocurrency," said Cryptomoe, founder of the Bazaars Project.

The Bazaars Project has also launched BZR, its ERC20 token. The token is now available on the Uniswap exchange, with other exchanges coming soon. Token holders will earn a percentage of the transaction fees collected from the Bazaars marketplace.

Future phases of the project will enable users to create and deploy smart contracts and decentralized apps individually or in groups without the need for a third party.

The Bazaars marketplace app is not bound by national or regional borders. Customers can shop securely and privately from any location. The Bazaars app does not collect, store, or track sensitive data. Users can register using their mobile phone numbers and email addresses and the app will only collect information required by the app stores.

"We believe in a world where anyone can buy products privately and securely, no matter where they live or what currency they use. Payments need to be easy, instant, and private. And the ability to trade needs to be in the hands of buyers and sellers," added Cryptomoe. "The future of commerce is online, with crypto. Bazaars wants to help make crypto commerce a reality."

The Bazaars marketplace is using Coinbase Commerce for payments. Its delivery and logistics partner is Aramex, a global provider based in the UAE, one of the worlds' largest trading hubs.

About Bazaars Project

The Bazaars Project was established in September 2021. It was set up by a group of experienced entrepreneurs and investors to provide a proof-of-stake decentralized blockchain network to drive crypto commerce adoption worldwide. Visit https://bazaars.io to learn more.

Media Contact:
Raja Al Khatib, Chairwoman
The Bazaars Project
00447 787152900
info@bazaars.io

This press release is issued through Arab Newswire ( www.arabnewswire.com ) – a newswire service for the Arab World, Middle East and North Africa (MENA) – and is distributed by EmailWire(TM) ( www.emailwire.com ) – the global newswire service that provides Press release distribution with guaranteed results(TM).

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

KGiSL wins Common infrastructure for Brokers Back Office Project from Stock Exchange of Thailand

India / Malaysia, Aug 17, 2021 – (ACN Newswire) – KGiSL, a global IT Products, Solutions, and Services provider, today announced the landmark contract that was won by KGiSL against significant competition from one of the largest stock exchanges in the ASEAN, The Stock Exchange of Thailand (SET). KGiSL will rollout Dolphin – a state of the art, cutting-edge technology back-office (BO) platform for brokers in Thailand. The platform will be hosted by SET and will be made available to brokers. The implementation is expected to be completed in the next 16 months.



KGiSL's flagship product for Capital Markets – Dolphin, caters to 60% of the leading institutional brokers in India by supporting their back-office clearing and settlement operations. The new platform is set to become the one-stop-shop solution to the brokers of Thailand with its ability to handle multiple asset classes including Equities, Bonds, and Offshore Trading, for both retail and institutional brokers. The next generation technology platform has been tested for handling 5 million trades/ day and has the potential capability to scale vertically and horizontally, to support any increase in business volumes. Dolphin was chosen over the other leading global platforms, because it had a better fit to the requirements and also for the robustness, scalability, and automation capabilities, it offers.

Dr. Pakorn Peetathawatchai, President, The Stock Exchange of Thailand said, "This is one of our most ambitious and challenging projects to establish a common, streamlined infrastructure that will open up new possibilities for Thai brokers to revolutionize their back office business models. We strongly believe that continued support from participating brokers in providing valuable insights, along with KGiSL's delivery capability are key ingredients to contribute the project's success."

On the association with SET, Prassadh Shanmugam, Director & Chief Executive Officer KGiSL said, "This is a huge win for KGiSL. Dolphin has been the undisputed market leader in India so far, but we have had limited successes in other markets. This order opens up the entire ASEAN & APAC market to create similar success stories like how we have done in India. KGiSL is poised to invest more in Dolphin's capabilities by adding Artificial Intelligence (AI), Machine Learning (ML), Business Intelligence (BI) and Analytics. I would also like to take this opportunity to thank Dr. Pakorn Peetathawatchai, President of The Stock Exchange of Thailand and the rest of the management in placing their trust in KGiSL and Dolphin."

About The Stock Exchange of Thailand: www.set.or.th

SET is the most liquid stock market in ASEAN with end-to-end services to empower seamless journey for all investors, securities brokerage companies and market participants. SET has transformed toward partnership platform by harnessing world-class technology and digital innovation to enable all parties to benefit from the Thai capital market in line with vision "To Make the Capital Market Work for Everyone". A number of open architecture and interoperable platforms have been developed with aims at building ecosystem crucial for fundraising, wealth creation and the country's development; widening business opportunities for operators in securities industry while offering investors convenient access to investment data, products and services.

About KGiSL: www.KGISL.com/gss

KGiSL is a global IT Products, Solutions, and Services provider in the BFSI space. KGiSL offers Software Products, Solutions and Services, Intelligent Automation, ERP (SAP), CRM, Business Intelligence and Analytics, Quality Engineering, IT Infrastructure Management and Custom Application Development. KGiSL has offices in India, US, Malaysia, Singapore, Australia and Thailand.

KGiSL is part of the $750 million business conglomerate KG Group with interest in Textiles, Engineering, Healthcare, Education, Real Estate, Entertainment, Software and Business Support Services. The Group employs over 25000 people and is known for its philanthropic services to the community for over 8 decades.
For further information, please contact:

KGiSL: Sampathkumar S | sampathkumar.s@KGISL.com | +91 9940069884

Adfactors PR (India):
Bhargav TS | bhargav.ts@adfactorspr.com | +91 9884883350
Shamitha Hegde | shamitha.hegde@adfactorspr.com | +91 9003107361
Adfactors PR (Singapore):
Namrata Sharma | namrata.sharma@adfactorspr.com | +65 8138 3034

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