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The World’s Only Samsung Electronics Leveraged and Inverse Products Debut in Hong Kong Today

HONG KONG, May 28, 2025 /PRNewswire/ — CSOP Asset Management Limited (CSOP), one of Asia’s largest ETF issuers and a pioneer in leveraged and inverse products (L&I products), announces the launch of the CSOP Samsung Electronics Daily (2x) Leveraged Product (HKD counter: 7747.HK,  USD counter: 9747.HK) and CSOP Samsung Electronics Daily (-2x) Inverse Product (HKD counter: 7347.HK,  USD counter: 9347.HK) on the Hong Kong Stock Exchange (HKEX) on 28 May 2025. These groundbreaking products—the world’s only L&I products tracking Samsung Electronics—are designed to empower investors with strategic tools to capitalize on short-term volatility and hedge risks in Korea’s most iconic stock, now accessible in a time zone-aligned market, following the successful launch of Asia’s first batch of nine single stock L&I products in Hong Kong in March 2025.

CSOP Samsung Electronics Daily (2x) Leveraged Product (HKD counter: 7747.HK,  USD counter: 9747.HK) and CSOP Samsung Electronics Daily (-2x) Inverse Product (HKD counter: 7347.HK,  USD counter: 9347.HK)
CSOP Samsung Electronics Daily (2x) Leveraged Product (HKD counter: 7747.HK, USD counter: 9747.HK) and CSOP Samsung Electronics Daily (-2x) Inverse Product (HKD counter: 7347.HK, USD counter: 9347.HK)

Samsung Electronics (Samsung), a global tech titan, dominates as Korea’s largest publicly traded company by market capitalization, and is consistently included in the world’s top listed companies by market value with 5.16 million domestic shareholders[1]. Nevertheless, no L&I products for Samsung are available in the global market. However, Hong Kong’s proximity to Korean trading hours (vs. U.S./Europe) and CSOP’s expertise in L&I products solutions position these L&I products as a game-changer for tactical trading and hedging.

In order to track the two times daily performance and two times inverse of the daily performance (before fees and expenses) of the common stock of Samsung Electronics Co Ltd, the two products deploy a swap-based synthetic replication strategy, with a listing price of about 7.8 HKD (1 USD) per unit, trading lot of 100, and management fee of 1.6% of the ETF’s net asset value per year.

For investors who are bullish on Samsung, leveraged product can help them gain greater exposure to Samsung, while inverse product can serve as a hedging tool during short-term volatility in Samsung’s share price. For investors seeking tactical positioning during regional trading hours, instruments such as Samsung L&I products offer efficient exposure adjustment capabilities. L&I products offer several advantages, including no margin calls, zero collateral requirements, no financing costs, transparent pricing and capped maximum leverage.

“We are pleased to announce the listing of CSOP Samsung Electronics Daily (2x) Leveraged Product and CSOP Samsung Electronics Daily (-2x) Inverse Product on the Hong Kong Stock Exchange.” said, Ms. Ding Chen, CEO of CSOP Asset Management “As a leading ETF issuer in the APAC region with a 99% market share in leveraged and inverse products in Hong Kong[2], CSOP is committed to offering diversified investment options. The introduction of Samsung Electronics’ only L&I products globally in Hong Kong offers chances to capitalize on short-term market fluctuations.”

As Korea’s largest publicly traded company by market capitalization, Samsung dominates global markets through its four core divisions: 1) Semiconductors, 2) Display Panels, 3) Mobile Communications, and 4) Consumer Electronics[3]. The company holds world leadership positions across key sectors, serving as the largest manufacturer of OLED panels, televisions, smartphones, and DRAM memory chips[4]. Its semiconductor division ranks among Asia’s top two producers, contributing to Samsung’s consistent inclusion in the world’s top 50 listed companies by market value[5].

About CSOP Asset Management
For over a decade, CSOP has successfully established itself as one of the leading ETF issuers in Hong Kong, with second largest AUM and demonstrated innovative product development. As of 31 March 2025, the total AUM of CSOP reached 23.5 billion USD by building a healthy ETF ecosystem and managing 56 ETPs and 3 mutual funds in Hong Kong and Singapore markets*. In 2025, 5 out of the top 10 most actively traded ETFs/ETPs in Hong Kong are managed by CSOP**.

Asia’s First batch of Single Stock Leveraged & Inverse Products on HKEX

Product Name

HKD counter

USD counter

CSOP NVIDIA Daily (2x) Leveraged Product

7788.HK

9788.HK

CSOP NVIDIA Daily (-2x) Inverse Product

7388.HK

9388.HK

CSOP Tesla Daily (2x) Leveraged Product

7766.HK

9766.HK

CSOP Tesla Daily (-2x) Inverse Product

7366.HK

9366.HK

CSOP Coinbase Daily (2x) Leveraged Product

7711.HK

9711.HK

CSOP Coinbase Daily (-2x) Inverse Product

7311.HK

9311.HK

CSOP MicroStrategy Daily (2x) Leveraged Product

7799.HK

9799.HK

CSOP MicroStrategy Daily (-2x) Inverse Product

7399.HK

9399.HK

CSOP Berkshire Daily (2x) Leveraged Product

7777.HK

9777.HK

*Source: CSOP
** Source: Bloomberg, from 1 January 2025 to 31 March 2025

Disclaimer and Important Notices

NONE OF THE SUB-FUNDS (“SUB-FUNDS”) MENTIONED IN THIS DOCUMENT, CSOP LEVERAGED AND INVERSE SERIES AND CSOP ASSET MANAGEMENT LIMITED (“CSOP”) ARE AFFILIATED WITH THE CORRESPONDING COMPANIES OF THE UNDERLYING SECURITIES OF THE SUB-FUNDS (THE “CORRESPONDING COMPANIES”).

The Corresponding Companies do not sponsor or endorse the offering of the Sub-Funds, nor are they involved with the Sub-Funds in any way. Investing in the Sub-Funds is not equivalent to investing in the Corresponding Companies. Investors have no ownership rights in the Corresponding Companies. Investors in the Sub-Funds will not have voting rights and will not be able to influence management of the Corresponding Companies but will be exposed to the performance of the relevant securities of the Corresponding Companies.

The Sub-Funds are authorized by the Securities and Futures Commission (“SFC”) in Hong Kong. Such authorization does not imply any official recommendation by the SFC. This document is for general information only and does not constitute any kind of advice in any way and shall not be considered as an offer or solicitation to deal in any investment products. If you wish to receive advice on investment, please consult your professional legal, tax and financial advisers.

Investment involves risks. Investors should refer to the Prospectus and the Product Key Facts Statement for further details, including product features and risk factors. This document is not applicable in jurisdictions where the distribution of this document is restricted.

This document is not legally binding. CSOP takes no responsibility for the contents of this document and expressly disclaim any liability for any loss arising from or in reliance upon the whole or any part of the contents of this document. Any information or any part of this document should not be copied, reproduced, or distributed to any parties without the written consent of CSOP.

The Sub-Funds are leveraged and inverse products. They are different from conventional exchange traded funds. Each of the Sub-Funds is concentrated in a single underlying stock. Given the non-diversified and leveraged and inverse nature, the Sub-Funds are subject to extreme price volatility and may become non-viable within a short period. The Sub-Funds only targets sophisticated trading-oriented investors who understand the potential consequences of seeking daily leveraged or inverse results. Under exceptional circumstances where the Sub-Funds become non-viable, CSOP may use its discretion to deviate from the investment strategy or take defensive measures, which may include liquidating swap positions and suspending trading of the Sub-Funds and CSOP will issue a notice to inform investors.

The Sub-Funds are not intended for holding longer than one day as the performance of the Sub-Funds over a longer period may deviate from and be uncorrelated to the leveraged or inverse performance of the underlying stocks over the period. The Sub-Funds are designed to be used for short term trading or hedging purposes, and are not intended for long term investment.

This document is prepared and issued by CSOP and has not been reviewed by the SFC in Hong Kong.

[1] Source: Korea Securities Depository, as of the end of 2024.

[2] Source: HKEX, CSOP Asset Management, as of 30 April 2025.

[3] Source: Bloomberg and Korea Securities Depository, as of 10 February 2025.

[4] Source: Wind, 2024.

[5] Source: Global ranking. Samsung Website, as of 16 April 2025.

 

Alibaba’s Joe Tsai emphasized Trust as the 5th BEYOND Expo closed

‘Fund at First Pitch’ attracts Global Investors with Future Tech

MACAO, May 28, 2025 /PRNewswire/ — The 5th BEYOND Expo 2025 wrapped up at The Venetian® Macao’s Cotai Expo after delivering a packed program of events that brought to life its vision of “Empowering Asia, Bridging the World”. Following four days of talks by tech leaders and visionaries, the Expo closed with the finals of Fund at First Pitch and a fireside chat with Alibaba Group Chairman Joe Tsai, illustrating the Expo’s commitment to supporting tech innovation in Asia. This year’s BEYOND Expo attracted more than 800 companies, 800 investors and 25,000 visitors, across sectors from AI, HealthTech and Clean Energy to Robotics and SportsTech, making it the biggest BEYOND Expo yet and one of the largest annual pan-Asian technology gatherings.

Alibaba Chairperson Joe Tsai speaks at BEYOND Expo 2025. Source: BEYOND Expo
Alibaba Chairperson Joe Tsai speaks at BEYOND Expo 2025. Source: BEYOND Expo

In a fireside chat with BEYOND Expo Co-Founder Jason Ho, Alibaba Group Chairperson Joe Tsai shared his views on Chinese companies going overseas, the challenges of doing business in the current business climate and the role of sport in global entertainment. He emphasized the importance of trust in business as part of a company’s mission. “Trust is built up over time. It’s very difficult to establish trust overnight. It’s all about people working together to achieve a goal. I think it’s easier if you have a common goal that you’re aiming for, then you can work on the details of establishing that trust. At Alibaba, from day one, we had a mission. The mission is to make it easy to do business anywhere because we wanted to help small businesses to use the internet platform to aspire globally. And that’s something that stayed true to us even today. So, our mission 26 years ago is the same mission today.”

He also highlighted how there are benefits to being a Chinese company but localization and cultural understanding remain key to success. “China today is recognized globally, especially in technology. People do look to China when it comes to AI, consumer internet, and cloud computing. China is definitely a heavyweight player in the global market, and for Alibaba being in the Chinese market because approximately 80%+ of our revenues still come from China. We do get recognized globally because China is a big country and a very important country in the whole global technology race.”

Talking about the future of technology he said “We’ve done very well with AI and large language models, AI is able to understand knowledge, and now able to reason. But spatial intelligence is where there still needs to be more advances in order for the robotics industry to move forward”.

BEYOND Expo included discussions about SportsTech. As Joe Tsai explained how the Brooklyn Nets can become a cultural concept and a global brand that extends beyond basketball. NIP Group CEO and the Macau E-Sports Federation Chairman Mario Ho shared his vision for the future of e-sports. Sports featured prominently throughout the Expo, with a popular demonstration arena set up the NBA, sports technology solutions from cycling to tennis, and exhibitor visits by former NBA stars Yao Ming and Metta World Peace.

NIP CEO Mario Ho speaks with Bloomberg’s Annabelle Droulers. Source: BEYOND Expo
NIP CEO Mario Ho speaks with Bloomberg’s Annabelle Droulers. Source: BEYOND Expo

BEYOND Expo’s Fund at First Pitch (FAFP) aims to encourage innovation and attract investment funding for winners. JumpStart Media Executive Chairman James Kwan chaired the 2025 Fund at First Pitch. Judges included Artest Management Group (AMG) Chairman, Metta World Peace; Gobi Partners Co-founder and Chairperson Thomas Tsao, and Lingotto Innovation Managing Partner & Co-Head Morgan Samet who quizzed five finalists and gave company valuations as they pitched their ideas. Gobi Partners is a leading Asia-focused venture capital firm with US$1.6 billion in assets under management (AUM) which has invested in over 380 startups. Lingotto Innovation is an investment company wholly owned by Exor which is owned by the Italian Agelli family. Innovative technology investments include Neura Robotics and Optalysys.

Former NBA star and Investor Meta World Peace judges ‘Fund at First Pitch’. Source: Beyond Expo
Former NBA star and Investor Meta World Peace judges ‘Fund at First Pitch’. Source: Beyond Expo

Finalists of ‘Fund at First Pitch’ were AI Green Limited, with a 100% bio-based polyurethane formulation for coatings that is bio-based, carbon-reducing, affordable, waterproof, recyclable, and durable. EcoLution is a Finnish-Chinese JV promoting low-carbon farming by upcycling by-products such as tofu. Healytec is a sports recovery tech company with a portable, lightweight hot and cold recovery device that reaches from +45 degrees to -10 creating a new standard in the market. AI4C is an AI agent that can connect to existing systems such as enterprise systems, including CRM, ERP, office automation to create greater efficiencies. 11Talk is an AI language-learning app tailored to the needs of Chinese learners. Past years of Fund at First Pitch have resulted in millions of dollars of funding.

The Finals of Fund at First Pitch Source: BEYOND Expo
The Finals of Fund at First Pitch Source: BEYOND Expo

BEYOND Expo Closing Ceremony @ The Venetian® Macao’s Cotai Expo

BEYOND Expo 2025 was held at The Venetian® Macao’s Cotai Expo. Since opening, Cotai Expo has been a leading conference, meetings and exhibition venue in Macao, and is one of the largest MICE venues in Asia, with approximately 71,000 square metres of exhibition space. It is also part of Sands® Resorts Macao, which attracts top event planners from around the world due to its 150,000 square metres of MICE space, world-class entertainment venues, award-winning accommodation, spectacular recreation and leisure options, unrivalled shopping experiences, and dynamic dining options. Sands Resorts Macao’s newest hotel, located within The Londoner® Macao, is Londoner Grand, which marks a bold new chapter in luxury for discerning travellers and event planners.

About BEYOND Expo

The BEYOND International Technology Innovation Expo (BEYOND Expo) is Asia’s leading annual technology event. Serving as a dynamic platform since 2021, BEYOND Expo not only showcases global technological innovations but also provides a unique opportunity to foster innovation upgrades across diverse industries and regions.

BEYOND Expo has attracted participation from Asia’s Fortune 500 companies, multinational corporations, unicorn companies, and emerging startups. Through a multifaceted approach involving expos, summits, and various activities, BEYOND Expo has successfully cultivated an innovative ecosystem, propelling collective development in the Asia-Pacific region and the global technology innovation industry. www.beyondexpo.com

Applied Intuition Opens UK Office with £50 Million in Planned Investment

Office launch follows swiftly on the heels of Applied Intuition’s newest defence offerings

LONDON, May 28, 2025 /PRNewswire/ — Applied Intuition UK has formally launched with the opening of its office in London, with the company already scaling at speed. This is a major step into the defence sector for Applied Intuition, the leading global vehicle intelligence company for automotive, trucking, construction, mining, agriculture and defence. Applied Intuition’s commitment to the UK is expected to deliver £50 million worth of foreign direct investment into the UK, bringing jobs, skills, and research and development directly into the market.

Building on the foundations of civilian autonomous capabilities, Applied Intuition UK, a fully sovereign subsidiary, will focus on delivering mission-critical autonomy solutions across air, space, land and sea. Applied Intuition’s defence offering provides autonomy management and development systems for both existing and next-generation defence platforms. At a time of increasing global insecurity, autonomy offers a dual advantage, reducing reliance on extensive manpower traditionally required for fully crewed platforms, while also minimising risk to life for those operating in hostile environments.

“Opening our London office marks a considerable step toward creating a sovereign autonomy capability for the UK. This sizable investment reflects our resolution to provide cutting-edge autonomous systems, and the tools needed to build them for our Armed Forces,” said Tristam Constant, head of European Government and Defence at Applied Intuition UK. “We’re building a strong team here, tapping into the UK’s incredible engineering talent to deliver autonomy solutions to meet the most demanding requirements.”

Applied Intuition’s latest venture marks a significant evolution, delivering cutting-edge autonomy solutions for civilian industries to enabling mission critical capabilities for the Armed Forces. The opening comes swiftly on the heels of the dual releases of two new software-defined product families: Axion, a specialised mission-critical toolchain allowing the development of all-domain autonomous capabilities, and Acuity, which delivers the onboard autonomy necessary to provide a decisive edge to the Armed Forces. As a dual-use technology provider, Applied Intuition is positioned to bridge the gap between commercial innovation and national security needs.

The introduction of a UK presence reinforces Applied Intuition’s commitment to delivering strategic autonomy at scale and providing serious defensive capabilities, all whilst encouraging growth and investment, and aligning with the British Government’s priorities.

Commenting on the opening of the office, and echoing the words of the Prime Minister Sir Keir Starmer at London Defence Conference, Minister for Investment Baroness Poppy Gustafsson said, “The UK is open for business, so I’m delighted that Applied Intuition’s commitment to the UK is expected to deliver £50 million in foreign direct investment, boosting R&D, creating jobs and putting more money into people’s pockets.”

“With defence being identified as a key growth sector in our upcoming modern Industrial Strategy, we’re not only helping to attract and secure investment, but delivering long-term growth that supports skilled jobs and raises living standards across the UK,” she added.

This new UK presence reflects a long-term commitment from Applied Intuition to industry collaboration, economic growth opportunities and life-saving capabilities.

About Applied Intuition
Applied Intuition is the vehicle intelligence company that accelerates the global adoption of safe, AI-driven machines. Founded in 2017, Applied Intuition delivers the toolchain, Vehicle OS and autonomy stacks to help customers build intelligent vehicles and shorten time to market. Major programmes in defence and 18 of the top 20 global automakers trust Applied Intuition’s mission-critical solutions to deliver vehicle intelligence. Applied Intuition services the defence, automotive, trucking, construction, mining and agriculture industries. Applied Intuition UK was established in London in 2025 to bring the company’s cutting-edge autonomy solutions to the UK and European defence sectors.

Deloitte Appointed Exclusive Knowledge Partner for APEC CEO SUMMIT KOREA 2025

Key Takeaways:

  • Deloitte has been appointed as the exclusive Knowledge Partner for The APEC CEO Summit 2025, the region’s premier forum for senior leaders and executives.
  • Deloitte will help shape the Summit’s agenda by providing thought leadership on AI, digital innovation, and sustainability, highlighting the convergence of technology and responsible growth.
  • The collaboration underscores Deloitte’s commitment to advancing cross-border collaboration and promoting sustainable development throughout the AP region.

HONG KONG, May 28, 2025 /PRNewswire/ — Deloitte is proud to announce its appointment as the exclusive Knowledge Partner for The Asia Pacific Economic Cooperation (APEC) CEO Summit Korea 2025, to be held in Gyeongju, South Korea, from 28 to 31 October 2025.

The APEC CEO Summit Korea 2025 is the region’s most prominent annual gathering for business leaders, industry decision-makers, and innovators from all 21 APEC member economies. Organised by The Korea Chamber of Commerce and Industry (KCCI), the country’s largest and established business organisation, the Summit will offer a dynamic platform for networking opportunities, business meetings, and cultural exchanges designed to foster innovation and regional cooperation.

This year’s Summit, themed “Bridge, Business, Beyond,” will convene over 1,000 C-suite executives and government officials to address Asia Pacific’s most pressing challenges and emerging opportunities. The Summit will also spotlight transformative trends including AI and digital innovation, regional economic integration, sustainability, finance and investment, and biotechnology and healthcare. These discussions will reflect the region’s commitment to sustainable development and the transformative use of technology for the benefit of society and the environment.

As the exclusive Knowledge Partner, Deloitte will play a pivotal role in shaping the Summit’s agenda, drawing on its global expertise in AI, digital innovation, and sustainability. In addition to delivering a keynote address during the plenary session, Deloitte will provide thought leadership, facilitate high-level discussions, and share actionable insights on how technology and innovation can drive sustainable growth, resilience, and prosperity across the region.

Deloitte will unveil the results of its inaugural CEO Survey Report at the Summit, presenting insights from CEOs across APEC member economies. The findings will be used to facilitate in-depth discussions with CEOs on key challenges and opportunities they face, supporting business leaders as they navigate the evolving landscape across the region.

David Hill, Deloitte Asia Pacific CEO, commented:

“We are deeply honoured to serve as Knowledge Partner for The APEC CEO Summit Korea 2025, where the convergence of Generative AI and Sustainability will be central to the conversation. Generative AI is transforming the way businesses operate, offering unprecedented opportunities for growth, efficiency, and innovation. At the same time, our region faces an urgent imperative to drive sustainable development. By bringing these two forces together, we can unlock new pathways for progress, empowering organisations to achieve their ambitions while creating lasting value for society and the environment.”

Lee, Seong Woo, Head of The APEC CEO Summit Korea Preparatory Headquarters and KCCI Vice President, added:

“It is our great honour to host The APEC CEO Summit Korea 2025 in Korea. This year, we are especially pleased to welcome Deloitte as our exclusive Knowledge Partner. Through this collaboration, we aim to elevate the quality of dialogue and insight at the Summit, ensuring that business leaders from across the world can collaborate on innovative solutions to our most pressing challenges. Together with Deloitte and all our partners, we look forward to forging new connections, advancing sustainable growth, and shaping a more prosperous and resilient future for the APEC community.”

Hong, Jong Sung,  Deloitte Korea CEO, added:

“As a participating firm of Deloitte Asia Pacific and the exclusive Knowledge Partner, Deloitte Korea is committed to making every effort to ensure the successful hosting of the Summit in partnership with KCCI.”

For further details, please visit the official event website: apecceosummitkorea2025.com

Contact:
Kashish Sakhrani
Media Manager, Deloitte Asia Pacific
Tel: +852 2852 1600
Mob: 852 6689 0757
Email: ksakhrani@deloitte.com 

About Deloitte  

Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited (“DTTL”), its global network of member firms, and their related entities (collectively, the “Deloitte organization”). DTTL (also referred to as “Deloitte Global”) and each of its member firms and related entities are legally separate and independent entities, which cannot obligate or bind each other in respect of third parties. DTTL and each DTTL member firm and related entity is liable only for its own acts and omissions, and not those of each other. DTTL does not provide services to clients. Please see www.deloitte.com/about to learn more. 

About Deloitte Asia Pacific

Deloitte Asia Pacific Limited is a company limited by guarantee and a member firm of DTTL. Members of Deloitte Asia Pacific Limited and their related entities, each of which is a separate and independent legal entity, provide services from more than 100 cities across the region, including Auckland, Bangkok, Beijing, Bengaluru, Hanoi, Hong Kong, Jakarta, Kuala Lumpur, Manila, Melbourne, Mumbai, New Delhi, Osaka, Seoul, Shanghai, Singapore, Sydney, Taipei and Tokyo.

This communication contains general information only, and none of Deloitte Touche Tohmatsu Limited (“DTTL”), its global network of member firms or their related entities (collectively, the “Deloitte organization”) is, by means of this communication, rendering professional advice or services. Before making any decision or taking any action that may affect your finances or your business, you should consult a qualified professional adviser. 

No representations, warranties or undertakings (express or implied) are given as to the accuracy or completeness of the information in this communication, and none of DTTL, its member firms, related entities, employees or agents shall be liable or responsible for any loss or damage whatsoever arising directly or indirectly in connection with any person relying on this communication.

© 2025. Deloitte Asia Pacific Services Limited.

About KCCI

KCCI (the Korea Chamber of commerce and Industry) is the leading Economic Organization in Korea. (est. 1884). KCCI is all-encompassing in representing Korean companies, holding over 200,000 large, medium, and small businesses across all industries as member and over 700 industry and field-specific associations as special members.

KCCI participates in government-led activities to promote business and nationwide economic development as an economic organization with the legal ground for establishment in the ‘Chamber of Commerce and Industry Act’ and Executing government-delegated tasks such as regulatory sandbox, industrial innovation movement, business restructuring, national qualification assessments, and trade certifications.

China Airlines Launches Digital Booking on WebCargo by Freightos®, Digitalizing Key Global Trade Lanes

Integration brings instant digital pricing and booking to one of the world’s largest cargo carriers on critical Asia-Europe-Americas routes, at a time when these routes are grappling with uncertainty

BARCELONA, Spain, May 28, 2025 /PRNewswire/ — Freightos (NASDAQ: CRGO), the leading digital freight booking and payment platform for the international freight industry, today announced that China Airlines (CAL, 2610.TW), a top-15 air cargo carrier, will be launching on Freightos’ WebCargo and 7LFreight platforms.

Top 15 Air Cargo Carrier China Airlines Joins Freightos. (L to R): Freightos’ Hiroyoshi Umeka, Joyce Tai; China Airlines’ Eddy Liu, Paul Hsueh, and Bryan Tao, celebrating the launch of digital bookings across key trade lanes
Top 15 Air Cargo Carrier China Airlines Joins Freightos. (L to R): Freightos’ Hiroyoshi Umeka, Joyce Tai; China Airlines’ Eddy Liu, Paul Hsueh, and Bryan Tao, celebrating the launch of digital bookings across key trade lanes

Starting next week, thousands of freight forwarders will have instant access to China Airlines’ rates, capacity, and eBookings across a network of 85 aircraft serving 192 destinations in 29 countries. Forwarders can now digitally search, quote and book shipments with China Airlines — directly through WebCargo’s booking platform, with live integration to the leading rate management and quoting platform. Freight forwarders can even book directly from their transportation management systems (TMS) where these are integrated with WebCargo.

“We’re excited to bring China Airlines, a major player in Asia-Pacific air trade, to Freightos’ leading air cargo booking platform, including both WebCargo and 7LFreight,” said Zvi Schreiber, CEO of Freightos. “Our customers–airlines, freight forwarders and shippers–are currently grappling with fast-changing tariff uncertainties. The ability to instantly and transparently book air cargo is an important tool for maintaining agility during this time and to keep world trade flowing.”

The initial rollout will span major hubs across the United States, Canada, Germany, Luxembourg, the Netherlands, and Japan, along with 14 destinations throughout Mainland China, Hong Kong, Taiwan, and Southeast Asia including Malaysia, the Philippines, Vietnam, Singapore, Thailand, and Indonesia. In future phases, WebCargo Pay instant payment will be available for China Airlines bookings, enabling forwarders to manage bookings and payments in one streamlined workflow. This integration will include general cargo, express rates, ULD bookings and contract rates.

“Digital transformation is a key pillar of China Airlines’ strategy to better serve our forwarder partners through real-time access to our capacity and rates,” said Eddy Liu, Senior Vice President, China Airlines.  “By joining Freightos’ digital platform, we’re meeting our customers where they are, as part of our commitment to simplify air cargo and exceed customer expectations in a digital-first world.”

“We are delighted to launch operations across five key Japanese hubs—Narita, Nagoya, Osaka, Fukuoka and Okinawa—with China Airlines,” shared Hiroyoshi Umeka, General Manager North Asia at WebCargo by Freightos. This digital integration will significantly enhance trade and freight movement between Japan, the Greater China Region, and Southeast Asia, offering unprecedented efficiency and transparency. We are honored to be chosen by China Airlines and the Japanese forwarding community as their primary digital partner.”

Forwarders using WebCargo can access China Airlines’ offerings here or learn more about rate management, quoting and digital sales solutions here.

About Freightos

Freightos® (NASDAQ: CRGO) is the leading vendor-neutral global freight booking platform. Airlines, ocean carriers, thousands of freight forwarders, and well over ten thousand importers and exporters connect on Freightos, making world trade faster, more efficient and more resilient.

The Freightos platform digitizes the trillion dollar international freight industry, supported by a suite of software solutions that span pricing, quoting, booking, shipment management, and payments for global businesses of all shapes and sizes. Products include Freightos Enterprise for multinational importers and exporters, Freightos Marketplace for small importers, WebCargo and 7LFreight by WebCargo for forwarders, WebCargo for Airlines, and Clearit, a digital customs brokerage.

Freightos is also a leading provider of real-time industry data via Freightos Terminal, which includes the world’s leading spot pricing indexes, Freightos Air Index (FAX) for air cargo and Freightos Baltic Index (FBX) for container shipping.

More information is available at freightos.com/investors.

Photo: https://laotiantimes.com/wp-content/uploads/2025/05/freightos_china_airlines.jpg
Logo: https://laotiantimes.com/wp-content/uploads/2025/05/freightos_logo.jpg

Media Contact
Tali Aronsky
PR Lead, Freightos
tali.aronsky@freightos.com

Investor Contact
Anat Earon-Heilborn
ir@freightos.com

China Airlines Launches Digital Booking on WebCargo by Freightos®, Digitalizing Key Global Trade Lanes

Integration brings instant digital pricing and booking to one of the world’s largest cargo carriers on critical Asia-Europe-Americas routes, at a time when these routes are grappling with uncertainty

BARCELONA, Spain, May 28, 2025 /PRNewswire/ — Freightos (NASDAQ: CRGO), the leading digital freight booking and payment platform for the international freight industry, today announced that China Airlines (CAL, 2610.TW), a top-15 air cargo carrier, will be launching on Freightos’ WebCargo and 7LFreight platforms.

Top 15 Air Cargo Carrier China Airlines Joins Freightos. (L to R): Freightos’ Hiroyoshi Umeka, Joyce Tai; China Airlines’ Eddy Liu, Paul Hsueh, and Bryan Tao, celebrating the launch of digital bookings across key trade lanes
Top 15 Air Cargo Carrier China Airlines Joins Freightos. (L to R): Freightos’ Hiroyoshi Umeka, Joyce Tai; China Airlines’ Eddy Liu, Paul Hsueh, and Bryan Tao, celebrating the launch of digital bookings across key trade lanes

Starting next week, thousands of freight forwarders will have instant access to China Airlines’ rates, capacity, and eBookings across a network of 85 aircraft serving 192 destinations in 29 countries. Forwarders can now digitally search, quote and book shipments with China Airlines — directly through WebCargo’s booking platform, with live integration to the leading rate management and quoting platform. Freight forwarders can even book directly from their transportation management systems (TMS) where these are integrated with WebCargo.

“We’re excited to bring China Airlines, a major player in Asia-Pacific air trade, to Freightos’ leading air cargo booking platform, including both WebCargo and 7LFreight,” said Zvi Schreiber, CEO of Freightos. “Our customers–airlines, freight forwarders and shippers–are currently grappling with fast-changing tariff uncertainties. The ability to instantly and transparently book air cargo is an important tool for maintaining agility during this time and to keep world trade flowing.”

The initial rollout will span major hubs across the United States, Canada, Germany, Luxembourg, the Netherlands, and Japan, along with 14 destinations throughout Mainland China, Hong Kong, Taiwan, and Southeast Asia including Malaysia, the Philippines, Vietnam, Singapore, Thailand, and Indonesia. In future phases, WebCargo Pay instant payment will be available for China Airlines bookings, enabling forwarders to manage bookings and payments in one streamlined workflow. This integration will include general cargo, express rates, ULD bookings and contract rates.

“Digital transformation is a key pillar of China Airlines’ strategy to better serve our forwarder partners through real-time access to our capacity and rates,” said Eddy Liu, Senior Vice President, China Airlines.  “By joining Freightos’ digital platform, we’re meeting our customers where they are, as part of our commitment to simplify air cargo and exceed customer expectations in a digital-first world.”

“We are delighted to launch operations across five key Japanese hubs—Narita, Nagoya, Osaka, Fukuoka and Okinawa—with China Airlines,” shared Hiroyoshi Umeka, General Manager North Asia at WebCargo by Freightos. This digital integration will significantly enhance trade and freight movement between Japan, the Greater China Region, and Southeast Asia, offering unprecedented efficiency and transparency. We are honored to be chosen by China Airlines and the Japanese forwarding community as their primary digital partner.”

Forwarders using WebCargo can access China Airlines’ offerings here or learn more about rate management, quoting and digital sales solutions here.

About Freightos

Freightos® (NASDAQ: CRGO) is the leading vendor-neutral global freight booking platform. Airlines, ocean carriers, thousands of freight forwarders, and well over ten thousand importers and exporters connect on Freightos, making world trade faster, more efficient and more resilient.

The Freightos platform digitizes the trillion dollar international freight industry, supported by a suite of software solutions that span pricing, quoting, booking, shipment management, and payments for global businesses of all shapes and sizes. Products include Freightos Enterprise for multinational importers and exporters, Freightos Marketplace for small importers, WebCargo and 7LFreight by WebCargo for forwarders, WebCargo for Airlines, and Clearit, a digital customs brokerage.

Freightos is also a leading provider of real-time industry data via Freightos Terminal, which includes the world’s leading spot pricing indexes, Freightos Air Index (FAX) for air cargo and Freightos Baltic Index (FBX) for container shipping.

More information is available at freightos.com/investors.

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Media Contact
Tali Aronsky
PR Lead, Freightos
tali.aronsky@freightos.com

Investor Contact
Anat Earon-Heilborn
ir@freightos.com

CANGO Mobility Receives Frost & Sullivan’s 2025 European Customer Value Leadership Award for Excellence in Telematics Solutions

CANGO is recognized for driving innovation and delivering customer-centric telematics solutions that optimize fleet performance, enhance connectivity, and support software-defined vehicle strategies.

SAN ANTONIO, May 28, 2025 /PRNewswire/ — Frost & Sullivan is pleased to announce that CANGO Mobility has been honored with the 2025 European Customer Value Leadership Award in the telematics solutions industry for its outstanding achievements in innovation, operational execution, and long-term customer impact. This recognition highlights CANGO Mobility’s consistent leadership in driving measurable outcomes, strengthening its market position, and delivering customer-centric innovation in an evolving competitive landscape.

Frost & Sullivan evaluates companies through a rigorous benchmarking process across two core dimensions: strategy effectiveness and strategy execution. CANGO Mobility excelled in both, demonstrating its ability to align strategic initiatives with market demand while executing them with efficiency, consistency, and scale. “CANGO Mobility’s software-first approach and ability to transform traditional telematics devices into powerful, adaptable tools sets it apart in the European landscape. The company’s deep vertical integration, middleware innovations, and commitment to customer-specific customization have created lasting value in a market defined by change,” said Kamalesh Mohanarangam, Associate Director at Frost & Sullivan.

Guided by a long-term growth strategy focused on digital innovation, strategic partnerships, and customer alignment, CANGO Mobility has shown its ability to adapt and lead in a rapidly evolving telematics ecosystem. The company’s strategic agility and sustained investment in intelligent fleet management solutions have enabled it to scale effectively across European and international markets.

Innovation remains central to CANGO Mobility’s approach. Its suite of telematics offerings—including the proprietary middleware CANLIB (CANbus Library)—enables advanced fleet optimization, real-time data analysis, and seamless integration with third-party systems. These capabilities extend across multiple verticals, offering customers the flexibility and performance needed to drive down costs, increase safety, and streamline operations. This recognition highlights our unwavering commitment to innovation, performance, and customer value in the telematics and vehicle data industry.

It reinforces the transformative impact of our CANLIB middleware, which empowers telematics devices to deliver real-time, actionable insights across diverse vehicle fleets. It also acknowledges the continuous effort of our team to deliver pioneering, software-defined solutions in a rapidly evolving mobility landscape. We’re especially proud to be the first in the industry to launch CANBUS.ACADEMY—a dedicated learning platform designed to educate and upskill professionals in telematics integration, vehicle data and applications, and CANbus technologies. This initiative reflects our belief that knowledge is just as critical as technology in driving long-term success.
A heartfelt thank you to our partners, clients, and the entire CANGO team who made this possible. This award belongs to all of us, said Dumitru Puiu, CEO of CANGO Mobility.

CANGO Mobility’s unwavering commitment to customer experience further strengthens its position in the market. By offering tailored implementation support, simplifying software integration, and maintaining responsiveness through localized customer service, the company ensures high satisfaction and long-term value creation. Its partner-led delivery model—anchored by collaborations with industry leaders like ZF and Continental—has amplified its ability to deliver scalable, high-performance solutions across diverse operational environments.

Frost & Sullivan commends CANGO Mobility for setting a high standard in competitive strategy, execution, and market responsiveness. The company’s vision, innovation pipeline, and customer-first culture are shaping the future of telematics solutions and driving tangible results at scale.

Each year, Frost & Sullivan presents the Customer Value Leadership Award to a company that demonstrates outstanding strategy development and implementation, resulting in measurable improvements in market share, customer satisfaction, and competitive positioning. The award recognizes forward-thinking organizations that are reshaping their industries through innovation and growth excellence.

Frost & Sullivan Best Practices awards recognize companies in various regional and global markets for demonstrating outstanding achievement and superior performance in leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analyses, and extensive secondary research to identify best practices in the industry.

About Frost & Sullivan

For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, megatrends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.

Contact:
Camila Tinajero
E: camila.tinajero@frost.com 

About CANGO Mobility

CANGO Mobility is a global technology company specializing in advanced telematics, IoT middleware, and software-defined fleet management solutions. With over 20 years of industry experience, CANGO empowers OEMs, fleet operators, and integrators to transform vehicle data into actionable intelligence. Its proprietary solutions—such as CANLIB (CANbus Library)—enable seamless integration, enhanced performance, and operational efficiency across multiple mobility verticals, from logistics and transportation to agriculture and public services.

CANGO is the first and only telematics company to launch a dedicated learning platform—CANBUS.ACADEMY—offering industry professionals worldwide structured, hands-on education in vehicle data, diagnostics, and CANbus technologies.

With a worldwide presence and trusted partnerships with major industry players, CANGO continues to set new standards in customer-centric innovation, product flexibility, and scalable deployment.

Contact:
office@cangomobility.com

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E-Home Household Service Holdings Limited Announces Share Consolidation

FUZHOU, China, May 28, 2025 /PRNewswire/ — E-Home Household Service Holdings Limited (Nasdaq: EJH) (the “Company” or “E-Home“), a provider of integrated household services in China, today announced that at an extraordinary general meeting of the Company held on May 1, 2025 (the “Meeting“), its shareholders have approved the resolution of a share consolidation of the issued and authorized ordinary shares of the Company at a ratio of not less than one (1)-for-two (2) and not more than one (1)-for-fifty (50) (the “Range“), with the exact ratio to be set at a whole number within this Range to be determined by the Board of the Directors of the Company (the “Board“) in its sole discretion within 180 calendar days after the date of passing of these resolutions (the “Share Consolidation“).

On May 8, 2025, the Board determined the ratio for Share Consolidation to be one (1)- for- fifty (50) and to round up the fractions of the issued consolidated shares resulting from the Share Consolidation. The Company’s ordinary shares will begin to trade on the NASDAQ Stock Market on the post-consolidation basis under the symbol “EJH” on May 30, 2025. The current pre-split number of shares of commons stock outstanding is 183,690,171 and the post-split number of shares outstanding will be approximately 3,673,850.  The new CUSIP number for the Company’s ordinary shares post-consolidation is G2952X153. The Share Consolidation is primarily being effectuated to comply with Nasdaq Marketplace Rule 5550(a)(2) related to the minimum bid price per share of the Company’s ordinary shares. 

The Company’s shareholders will receive one post-consolidation ordinary share for every fifty pre-consolidation ordinary shares held by them. Immediately after the Share Consolidation, each shareholder’s percentage ownership interest in the Company and proportional voting power will remain unchanged, except for minor changes and adjustments that will result from the treatment of fractional shares. No fractional shares will be issued and the fractional shares will be round up in connection with the Share Consolidation. The rights of the holders of ordinary shares will be substantially unaffected by the Share Consolidation. Shareholders who are holding their shares in electronic form at brokerage firms do not need to take any action, as the effect of the Share Consolidation will automatically be reflected in their brokerage accounts.

About E-Home Household Service Holdings Limited

Established in 2014, E-Home Household Service Holdings Limited is a Nasdaq-listed household service company based in Fuzhou, China. The Company, through its website and WeChat platform “e-home”, provides integrated household services, including 1) Installation and maintenance of home appliances and smart homes; 2) Housekeeping, nanny, confinement nurse and cleaning services; 3) Cleaning of public establishments.

E-Home has become a modern enterprise of comprehensive service for family life. The Company always adheres to the business philosophy of “solving every issue of customers with heart”, and to the code of conduct of “doing everything well with heart”. The Company aims to set the benchmark of the household service industry in China. For more information, visit the Company’s website at http://www.ej111.com/ir.html

Forward-Looking Statement

All statements other than statements of historical fact in this announcement are forward-looking statements in nature within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions are intended to identify such forward-looking statements. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to consider risk factors, including those described in the Company’s filings with the SEC, that may affect the Company’s future results. All forward-looking statements attributable to the Company and its subsidiaries or persons acting on their behalf are expressly qualified in their entirety by these risk factors.