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Laos, Vietnam Deepen Economic Diplomacy with Focus on Digital Economy

This photo is used for representational purpose only.

Officials from Laos and Vietnam met in Hanoi on 18–19 December to strengthen economic diplomacy, with a strong focus on digital economy development and government digital transformation.

The Laos delegation was led by Somboun Sihanat, Director of the Department of Economics at the Ministry of Foreign Affairs, alongside meetings linked to the 12th Ministerial Political Consultation between the two countries.

During the talks, both sides reviewed progress under existing economic diplomacy agreements and discussed future cooperation plans. Vietnam shared its experience in digital transformation across government and business sectors, offering practical insights for Laos as it expands its own digital systems.

Vietnamese sources said the meetings formed part of broader efforts to strengthen economic connectivity and ensure high-level agreements between the two countries are effectively implemented. Both sides reviewed progress under existing economic diplomacy agreements and discussed cooperation plans for the coming years.

Officials also exchanged views on regional and global economic developments, as well as ways digital tools could support diplomatic work, including trade promotion and investment facilitation.

As part of the visit, the Laos delegation toured an industrial development zone in Hai Phong Province to learn from Vietnam’s industrial and manufacturing experience.

Vietnamese media described the consultations as taking place in a spirit of close cooperation, with an emphasis on translating long-standing political ties into concrete economic results that benefit both countries.

SIM Graduates Demonstrate Strong Employment Outcomes in High-Demand Sectors


SINGAPORE – Media OutReach Newswire – 21 December 2025 – As Singapore’s economy continues to evolve and sectors undergo rapid transformation, the need for adaptable, industry-ready talent remains paramount. The Singapore Institute of Management (SIM), one of the nation’s leading private education institutions, continues to play a significant role in equipping graduates with the competencies required to excel in a competitive labour market.

Findings from the SkillsFuture Singapore (SSG) Private Education Institution (PEI) Graduate Employment Survey 2023/2024 provide valuable insights into the employment landscape for PEI graduates. The survey reported that 74.8% of PEI graduates in the labour force secured employment within six months of graduation. Of this group, 46.4% attained full-time permanent roles, while others engaged in part-time, temporary or freelance employment.

Although overall employment rates reflect a slight softening in the job market, the median gross monthly salary for full-time permanent employment increased to S$3,500, signalling continued demand for qualified talent. Graduates in Information and Digital Technologies achieved the highest median salary at S$4,080, underscoring the strong market appetite for digital and technological skillsets, areas in which SIM’s IT and Computer Science programmes are well aligned.

SIM’s Business graduates also continue to perform competitively across the finance, technology and consulting sectors, leveraging analytical proficiency and global perspectives to contribute to multinational corporations and high-growth enterprises. In parallel, Arts and Social Sciences graduates are building meaningful careers in communications, media and the public service, where creativity, problem-solving and community engagement remain critical.

Graduate Success Pathways

The survey findings are reinforced by the varied experiences of SIM graduates who have progressed into competitive roles across multiple industries. Their journeys demonstrate how diverse learner profiles can achieve successful outcomes when supported by accessible pathways and industry-relevant learning.

Many SIM graduates enter programmes with different educational starting points — from polytechnic diplomas to mid-career transitions — and go on to advance through learning designed to strengthen both academic foundations and practical skills. Graduates have leveraged internationally recognised qualifications offered at SIM to secure positions in multinational organisations, high-growth technology firms, financial institutions, and public service agencies. Others pursue postgraduate education at reputable universities worldwide, building on their undergraduate success.

Students benefit from exposure to real-world environments through internships, applied industry projects and student leadership opportunities, which help build capabilities valued by employers. These experiences contribute to stronger career readiness and more resilient employability outcomes, supporting transitions into fast-moving sectors that are central to Singapore’s economic priorities.

Collectively, these pathways reflect SIM’s ongoing role in enabling talent progression — supporting students in unlocking new opportunities, whether beginning their careers, switching industries or enhancing their professional expertise.

SIM’s Contribution to Workforce Development

The survey findings underline the important contribution of private education pathways within Singapore’s broader talent ecosystem. While autonomous universities continue to report higher employment rates and salary outcomes, SIM remains a key provider of industry-relevant programmes that complement national skills priorities, serving a wide spectrum of learners and supporting their career advancement goals.

The upward salary trend among full-time permanent roles, together with strong performance in technology and business fields, indicates that SIM graduates are well-positioned to participate in sectors driving Singapore’s continued growth.

References:

  1. Close To 3 in 4 Private Education Institution Graduates in Employment Within 6 Months After Graduation Amidst Overall Lower Hiring Demand – https://www.ssg.gov.sg/newsroom/close-to-3-in-4-private-education-institution-graduates-in-employment-within-6-months-after-graduation-amidst-overall-lower-hiring-demand/
  2. From Undergrad to Postgrad: Paving the Way to the C-Suite – https://www.sim.edu.sg/articles-inspirations/from-undergrad-to-postgrad-paving-the-way-to-the-c-suite
  3. How this graduate pivoted her career by pursuing a degree while working full time – https://www.sim.edu.sg/articles-inspirations/how-this-graduate-pivoted-her-career-by-pursuing-a-degree-while-working-full-time
  4. How 6 internships, 4 hackathons, and CCAs paved the way for Ashley – https://www.sim.edu.sg/articles-inspirations/how-6-internships-4-hackathons-and-ccas-paved-the-way-for-ashley
  5. The Power of a Second Chance – https://www.sim.edu.sg/articles-inspirations/the-power-of-a-second-chance

Hashtag: #SIMGlobalEducation #SIMGE #GlobalEducation #InternationalDegree #CareerReady #FutureSkills

The issuer is solely responsible for the content of this announcement.

About SIM Global Education

SIM Global Education (SIM GE) is a leading private education institution in Singapore and the region. We offer more than 140 academic programmes ranging from diplomas and graduate diploma programmes to bachelor’s and master’s degree programmes with some of the world’s most reputable universities from Australia, Canada, Europe, United Kingdom, and the United States. SIM GE’s cohort is made up of 16,000 full- and part-time students and adult learners, of which approximately 36% are international students hailing from over 50 countries.

SIM GE’s holistic learning approach and culturally diverse learning environment aim to equip students with knowledge, industry skills and employability competencies, as well as a global perspective to succeed as future leaders in a fast-changing, technologically driven world.

For more information on SIM Global Education, visit

EaseUS to Unveil Data Recovery Wizard 20.1.0 with Breakthrough SSR Technology, Setting a New Standard for Fragmented File Recovery

NEW YORK, Dec. 21, 2025 /PRNewswire/ — EaseUS, a global leader in data recovery solutions, will soon release EaseUS Data Recovery Wizard 20.1.0, featuring the debut of its breakthrough SSR (SmartSector Rebuild) Engine. As the first intelligent recovery technology designed specifically for fragmented files on long-used external storage devices, SSR addresses one of the most persistent real-world challenges faced by billions of users, successfully restoring data from heavily used USB drives, SD cards, and external hard drives where conventional tools typically fail.

What Is SSR

Front and center within this release is the SmartSector Rebuild (SSR) Engine, which represents an intelligent platform designed to seek out, rebuild, and recover fragmented files with an unparalleled level of accuracy. The SSR algorithm uses internal data signatures, remnant metadata, and physical block closeness to rebuild files that were thought to be beyond recovery.

The processed files can be previewed before completing the recovery process. A common problem associated with traditional software tools, wherein corrupted and incomplete files were obtained, will be ably met with the adoption of this technology.

30% Better Recovery, Especially for Long-Used USB/SD/External Hard Drives

Powered by SSR, EaseUS Data Recovery Wizard 20.1.0 has increased its recovery success rate by 30% on FAT32, exFAT, and other external and internal devices, especially on those devices that are frequently used over a long period of time.

From SD cards that frequently have data deleted to aging USB drives and formatted external HDDs, the new engine intelligently reconstructs fragmented photos, videos, Office documents, PDFs, and more.

The result: a definitive solution for the “cannot recover” or “file corrupted” dilemma that millions of users encounter when dealing with worn-out storage media.

The Leading Pick for Creators and Everyday Users

The EaseUS Data Recovery Wizard 20.1.0 offers industry-leading data recovery capabilities in the widest range of user scenarios:

Photographers & Video Content Creators

Recover high-value photos and videos from long-used or formatted SD cards (FAT32/exFAT), providing usable, complete files where other tools fail or return corrupted media.

Students & Office Professionals

Restore full Office documents, research files, and project work from aging USB drives, even after accidental formatting, through precise reconstruction of fragmented file structures.

Content Managers & Archivists

Retrieve critical video footage from frequently deleted or formatted external storage devices, overcoming severe fragmentation to restore fully playable media files.

EaseUS Data Recovery Wizard 20.1.0 introduces the most advanced recovery capabilities ever released. EaseUS emphasizes a simple promise: “Your long-used USB drive or SD card finally has a savior.” All recovery is performed locally, ensuring complete data privacy with no files ever uploaded to external servers. To learn more about SSR technology and explore the new version, visit the official EaseUS website and discover how the new fragmented file recovery algorithm can transform your most challenging data-loss situations.

https://www.easeus.com/datarecoverywizard/upgrade-to-20-1.html

About EaseUS Software

EaseUS provides professional IT solutions for home, education, and SMB users in data recovery, backup, system optimization, partition management, and multimedia on Windows, Mac, iOS, and Android. Founded in 2004, the company now serves over 100,000,000 users worldwide. For more information, please visit http://www.easeus.com

TORRAS Teams up With Artist GAWX to Launch “Guardian of Your Creativity” Collection Worldwide

LOS ANGELES, Dec. 21, 2025 /PRNewswire/ — TORRAS, the minimalist innovation brand known for blending expressive aesthetics with engineering precision, announces its first-ever global artist collaboration: TORRAS × GAWX — GUARDIAN of Your Creativity. This collection brings the concept of “guardianship” into everyday creation—turning a phone case into a vessel that records, captures, and protects each spark of inspiration.

Launching worldwide on December 20th, the series reflects TORRAS’s commitment to empowering creativity through protection, design, and emotional connection.

Guardian of Creative Expression — Where Expressive Art Meets Minimalist Engineering Featuring Gawx

Gawx is a visual artist and filmmaker whose work blends bold pop-surreal illustration with high-end photography and cinematic storytelling.

Recognized for his distinctive creative voice, Gawx is a 2025 IMI Award Winner and RØDE Creator of the Year 2024. As a rising figure in contemporary visual culture, he brings a unique sense of emotion, authenticity, and imagination to the collaboration.

In GUARDIAN, Gawx transforms TORRAS’s signature Ostand Q3 Air into a creative canvas. Each case becomes an extension of his artistic world— vibrant, emotional, and alive—wrapped within TORRAS’s ultra-light, military-grade protection.

“Just like my dog guards me day and night — this case guards your phone, and your creativity.” — Gawx Art

DUALITY — Two Lives, Two Dogs, One Guardian

The heart of the TORRAS × Gawx collaboration is DUALITY, a paired design concept inspired by the contrast between Day and Night—two creative lives unfolding in parallel, each shaped by different rhythms of inspiration.

Yet in both worlds, one value remains constant: Every creator deserves a Guardian.

DAY — Quiet Sparks, Gentle Inspiration

At sunrise, a calm, reflective boy walks with his loyal dog by his side. Together they embrace the quiet beauty of the morning.

He observes the world slowly awakening, capturing the subtle, fragile sparks of inspiration that often go unnoticed.

With its steady Ostand structure, TORRAS supports him like a silent guardian— helping him record the soft moments that shape his creativity.

NIGHT — Neon Motion, Bold Expression

Across the city under neon lights, a confident girl moves through the vibrant energy of the night.

Her energetic dog watches closely as she captures fast-moving fragments of light, emotion, and motion.

Her creativity thrives in chaos — and TORRAS protects her phone with unwavering strength, allowing her to seize every vivid moment without hesitation.

GUARDIAN — Protecting Your Creativity, Your Stories, Your Life

In two worlds, with two creators and their loyal companions, one truth remains: every spark of inspiration deserves to be guarded. The GUARDIAN collection turns TORRAS into the protector of your creativity—safeguarding your device, your ideas, and the moments you choose to capture. Featuring Gawx’s original artwork across the case, packaging, collectible stickers, and the 360° magnetic Ostand—unfolding like a portal into each story—GUARDIAN seamlessly merges artistic expression with purposeful protection. This collaboration marks a new chapter where a phone case becomes more than defense; it becomes a companion that follows your rhythm, elevates your craft, and honors every creator, dreamer, and storyteller who finds meaning in life’s fleeting moments. Record it. Capture it. Let TORRAS guard it.

Exclusive First-Launch Promotion

To celebrate the December release, TORRAS announces a limited early-bird offer:
Shop at: https://bit.ly/3L14XJn

  • Theme: Guardian of Your Creativity
  • Collection: TORRAS × GAWX Limited Edition
  • Launch Date: December 20th
  • Retail Price: $79.99
  • Launch Offer: 10% OFF on any purchase during the first five days following launch!
  • Promotion period: December 20thDecember 25th

Holiday & Winter Colorways Join the Lineup

Completing the seasonal lineup, TORRAS introduces additional winter designs for the Q3 Air series:

Christmas Edition — Christmas Tree Green

A festive refresh featuring decorative sticker elements — stars, bells, and snowmen — turning your phone into a playful tree of creativity.

Winter Colors:

  • Aurora Purple — calm yet powerful, inspired by winter twilight skies.
  • Neon Sunset — pink and orange horizons captured in motion, full of freedom and warmth.
  • Each colorway continues TORRAS’s philosophy: to help people discover beauty in motion and create more with less.

About TORRAS

Founded in 2012, TORRAS is a global technology and lifestyle brand dedicated to minimalist innovation. Guided by the philosophy “Born to Create,” TORRAS designs user-centered products that transform everyday moments into acts of creativity — blending protection, performance, and art into a seamless experience.

TORRAS
TORRAS

Abu Dhabi to Host 2026 Gran Turismo World Series Opener for the First Time in the Middle East

  • The iconic Yas Marina Circuit included in Gran Turismo 7, for PlayStation 4 and 5, offering global players the chance to explore and race the emirate’s flagship track
  • Announcement made during the Gran Turismo World Series 2025 World Finals in Fukuoka, Japan

ABU DHABI, UAE, Dec. 20, 2025 /PRNewswire/ — For the first time in the Middle East, Abu Dhabi will host the Gran Turismo World Series 2026 opening event, scheduled for 28th of March 2026 at the Space42 Arena. The landmark event will bring together the world’s top Gran Turismo drivers to compete in an elite live championship, engaging fans in the emirate and highlighting Abu Dhabi’s esports capabilities to millions worldwide.

For the first time in the Middle East, Abu Dhabi will host the Gran Turismo World Series 2026 opening event, scheduled for the 28th of March 2026 at the Space42 Arena.
For the first time in the Middle East, Abu Dhabi will host the Gran Turismo World Series 2026 opening event, scheduled for the 28th of March 2026 at the Space42 Arena.

The announcement was made during the Gran Turismo World Series 2025 World Finals at the Fukuoka International Congress Centre in Japan, where H.E. Saeed Al Fazari, Executive Director of Strategic Affairs at the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi), took the stage to share the news.

The Gran Turismo World Series 2026 opening event is organised by Polyphony Digital Inc, a subsidiary of Sony Interactive Entertainment, the developer and publisher of the Gran Turismo series, and Abu Dhabi Gaming, an initiative led by DCT Abu Dhabi that coordinates efforts to transform the emirate into a global gaming hub.

At the Gran Turismo World Series 2025 World Finals, held at the Fukuoka International Congress Centre in Japan, H.E. Saeed Al Fazari, Executive Director of Strategic Affairs at the Department of Culture and Tourism - Abu Dhabi, and Kazunori Yamauchi, Gran Turismo series producer, announce that Abu Dhabi will host the Gran Turismo World Series 2026 opening event, for the first time in the Middle East.
At the Gran Turismo World Series 2025 World Finals, held at the Fukuoka International Congress Centre in Japan, H.E. Saeed Al Fazari, Executive Director of Strategic Affairs at the Department of Culture and Tourism – Abu Dhabi, and Kazunori Yamauchi, Gran Turismo series producer, announce that Abu Dhabi will host the Gran Turismo World Series 2026 opening event, for the first time in the Middle East.

H.E. Al Fazari said: “Hosting the Gran Turismo World Series opener is a proud moment for Abu Dhabi and the wider MENA region, reflecting our ambition to be a destination where possibilities are limitless. It marks a significant milestone for our esports and motorsport sectors, bringing elite global competition to the emirate and showcasing Abu Dhabi’s proven capability to deliver world-leading esports and motorsport experiences. Abu Dhabi continues to offer a secure, future-ready environment for businesses, investors and talent, supporting our vision to become a global hub for innovation, entertainment, gaming and motorsport.” 

The Gran Turismo World Series is an annual competition to determine the world’s best Gran Turismo player, comprising online qualifiers open to all players and live World Series events in which top racers travel to iconic destinations worldwide to compete.

Kazunori Yamauchi, Gran Turismo series producer., said: “We are thrilled to see Abu Dhabi host the 2026 Gran Turismo World Series opener in March 2026, marking the first time the event will be held in the Middle East. This is a historic milestone for our championship and a testament to the region’s growing presence in global motorsport and esports. Additionally, we are delighted that Yas Marina Circuit, one of the world’s most distinctive motorsport venues, is now available in Gran Turismo 7. Our aim has always been to connect players with the thrill and heritage of racing, and Yas Marina offers a unique experience that will resonate with motorsport fans and the gaming community worldwide.”

The Yas Marina Circuit’s inclusion in Gran Turismo 7 further extends Abu Dhabi’s motorsport legacy into the digital arena, creating new opportunities for global audiences to connect with the emirate’s culture of competitive excellence.

“This announcement marks an exciting moment for motorsports and esports fans in this region and the world, and positions Abu Dhabi Gaming at the forefront of the global sim racing conversation, reflecting our role as a connector of world-class partners and opportunities,” said Marcos MullerHabig, Sector Enablement Director at Abu Dhabi Gaming. “As we continue to drive the emirate’s vision to become a premier global destination and a leading hub for the gaming and esports industries, events like the Gran Turismo World Series 2026 become catalysts for growth and a key milestone in our journey to build an ecosystem that empowers talent, attracts partnerships and accelerates business development.”

Gran Turismo, developed by Polyphony Digital Inc., a subsidiary of Sony Interactive Entertainment, is regarded as one of the most visually and dynamically accurate driving simulators available, recently surpassing 100 million sales of the series.

For more information about Gran Turismo World Series 2026 Opener in Abu Dhabi and tickets, please visit www.ticketmaster.ae/event/1588346815.

For more information about Abu Dhabi Gaming, follow Abu Dhabi Gaming on Instagram, YouTube and Twitch.

Finloop Launches Upgraded RWA Platform “FRP 2.0” to Build a Compliant and Innovative Financial Ecosystem

HONG KONG, Dec. 20, 2025 /PRNewswire/ — The “Web5 Ecosystem: Pioneering the New Era of Global Wealth Management” Summit, co-hosted by Fosun Wealth International Holdings Limited (“Fosun Wealth Holdings”) and Finloop Finance Technology Holding Limited (“Finloop”), and supported by Taikang Asset Management (Hong Kong) Company Limited (“Taikang Asset (Hong Kong)”), was successfully held in Hong Kong. At the summit, Finloop officially unveiled the upgraded version of its one-stop RWA (Real World Assets) technology, issuance and distribution platform — FinRWA Platform 2.0 (“FRP 2.0”), aimed at fostering a more open, integrated, compliant, and innovative financial ecosystem.

Implementing the Web5 Strategy to Promote Integration and Compliance

The summit gathered more than 200 industry leaders from Web3 infrastructure, fintech, and digital asset sectors, engaging in in-depth discussions on cutting-edge topics such as asset tokenization, regulatory compliance, and ecosystem collaboration. Mr. Joseph H. L. CHAN, JP, Under Secretary for Financial Services and the Treasury of The Government of the Hong Kong Special Administrative Region, delivered a video address for the event. Mr. Duncan Chiu, Member of the Legislative Council of the HKSAR (Technology and Innovation Constituency), and Ms. Georgina Chu, Chief Corporate Development Officer of Hong Kong Cyberport Management Company Limited, attended and delivered speeches.

Mr. Cheng Kang, CEO of Fosun Wealth Holdings and Chairman of Finloop, stated in his opening remarks that in response to the HKSAR Government’s “Policy Statement 2.0 on the Development of Digital Assets in Hong Kong” and the HKMA’s “Fintech 2030” strategy (DART), Fosun Wealth Holdings and Finloop are actively driving digital transformation and sustainable development in the wealth management industry to build an open and collaborative Web5 ecosystem. As a global one-stop Web5 wealth management platform, Fosun Wealth Holdings possesses deep expertise in wealth management and digital asset services. Finloop, as a one-stop Web5 wealth-tech platform, has become the first platform in Hong Kong to support multi-currency tokenized fund distribution and has developed the technical solution for the city’s first unit trust tokenized fund, achieving multiple industry breakthroughs in the RWA sector in Hong Kong and across Asia. “2026 will be a year of integration, breakthroughs, and ecosystem development. We look forward to witnessing more institutions and individuals bridging the digital divide and embracing the new paradigm of wealth management brought by Web5. Fosun Wealth Holdings and Finloop will continue to drive digital innovation by assisting traditional finance in accessing the emerging Web3 ecosystem, and partner with all sectors to propel the wealth management industry towards a more open, integrated, and compliant Web5 future.”

FRP 2.0: Next-Generation Collaborative RWA Tokenization Platform

At the summit, Mr. Cai Hua, CEO of Finloop, introduced the upgraded FinRWA Platform 2.0 (“FRP 2.0”), the company’s one-stop RWA technology, issuance, and distribution platform. Based on compliance, collaboration, and transparency, FRP 2.0 is committed to building a next-generation collaborative RWA tokenization platform that enables various institutions to achieve compliant issuance and reshape digital asset management processes. FRP 2.0 features a globalized, highly compatible distribution network. By integrating Web2’s compliance frameworks with Web3’s technological efficiency, it has connected licensed virtual asset exchanges in Hong Kong, traditional brokerages, and banking channels, supporting the distribution of multi-currency tokenized funds. Compared to the previous version, FRP 2.0 has achieved significant improvements in functionality, performance, and security.

Cai Hua, CEO of Finloop, unveils FRP 2.0.
Cai Hua, CEO of Finloop, unveils FRP 2.0.

The platform introduces Tokenization as a Service (TaaS), providing more transparent and compliant operational paths for the tokenization of financial assets, including public and private funds. Key highlights include:

  • Cross-institutional collaboration: The platform supports issuers, custodians, token agents, and other institutions in jointly participating in lifecycle management of tokenization, achieving data interconnectivity.
  • Granular permission system: Adhering to the principle of least privilege, administrators can select functional modules based on roles; the interface is designed with isolation features to prevent unauthorized operations.
  • Flexible approval processes: Approval processes can be highly customized. All operations are fully traceable, supporting post-event audits and retrospection; the system automatically performs KYT (Know Your Transaction) compliance checks during business operations and provides real-time feedback to ensure business safety.
  • Transparent asset management: Data is synchronized with the blockchain, allowing real-time viewing of token contracts, transaction hash, etc.; the platform supports historical price fluctuation analysis and dividend record, providing a reliable reference for asset valuation.

Mr. Cai Hua stated, “FRP 2.0 is dedicated to promoting ecosystem interconnectivity, breaking down data barriers between institutions, and helping build Hong Kong as a Web3.0 innovation hub, fostering a more open ecosystem for financial collaboration. We aim to leverage leading tokenization infrastructure to transform trillion-level real-world assets into on-chain digital opportunities.”

In addition, Mr. Cai Hua introduced Finloop’s cutting-edge breakthroughs in AI technology, covering key areas such as customer outreach, product due diligence, and investment research. For example, in the area of due diligence, Finloop’s AI KYP Writer can generate financial due diligence and risk control reports with 99% accuracy in just one minute — tasks that initially took half a day — saving 80% in manpower costs and facilitating rapid product launches, driving continuous upgrades in wealth management models through technological innovation.

The summit also featured two panels, themed “Hong Kong’s Web2 + Web3 Development Potential and Opportunities in 2026″ and “Enabling Hong Kong’s Web3.0 Development Through Compliant Web2 + Web3 Integration” respectively. Representatives from Bybit, Solana Foundation, FOMO Pay, Conflux, JunHe LLP, OSL, Taikang Asset (Hong Kong), and Matrixport joined to share insights on Web5 ecosystem innovation.

— END —

About Fosun Wealth International Holdings Limited

Fosun Wealth International Holdings Limited, along with its subsidiaries (collectively referred to as “Fosun Wealth Holdings”) is an AI-driven global one-stop Web5 wealth management platform wholly owned by Fosun International Limited (stock code: 656.HK) in Hong Kong. With its solid financial position, Fosun Wealth Holdings has obtained various licenses via its subsidiaries, including Type 1, 2, 4, 6, and 9 licenses issued by the Hong Kong Securities and Futures Commission (SFC), and an insurance brokerage license from the Hong Kong Insurance Authority. Amid the Web3 trend, Fosun Wealth Holdings actively explores the virtual asset business. Fosun International Securities Limited, a wholly-owned subsidiary of Fosun Wealth Holdings, obtained an upgrade to its SFC Type 1 license in June 2024. Fosun International Asset Management Limited, another wholly-owned subsidiary, has also obtained the upgrade of its SFC VA Type 4 and Type 9 licenses.

About Finloop Finance Technology Holding Limited

Finloop Finance Technology Holding Limited, along with its subsidiaries (collectively referred to as “Finloop”), is an AI-driven global one-stop Web5 (Web2+Web3) wealth technology platform incubated by Fosun Wealth Holdings that offers comprehensive wealth management products and technology solutions to various financial institutions. Its offerings include cash management, public funds and private funds, structured products, bonds, insurance, and virtual assets. As a fintech leader in Asia during the Web3 wave, Finloop has focused on bridging physical and digital assets, developing a one-stop RWA technology, issuance and distribution platform to pioneer new growth pathways in the wealth management industry.

 

Mixue Debuts in U.S. with First Store Opening

LOS ANGELES, Dec. 20, 2025 /PRNewswire/ — Mixue, a brand under MIXUE Group (02097.HK), opened its first store in Los Angeles on December 19, marking its debut in the Americas and another step in the group’s global expansion strategy.

Grand Opening
Grand Opening

Located at 6922 Hollywood Blvd Suite 107, the store features Mixue‘s core menu of ice cream, pure tea, fruit tea, milk tea, and freshly brewed coffee, with customizable sugar levels and toppings. The menu pricing lists the brand’s signature ice cream at $1.19, iced lemonade at $1.99, lattes at $2.99, and bubble tea starting at $3.99, with most items priced between $1.19 and $4.99. To mark the opening, Mixue hosted a series of launch activities, including street pop-ups featuring its Snow King mascot, themed photo experiences, and promotional giveaways, attracting strong interest and excitement from local consumers.

Mixue has expanded internationally over several years. The brand opened its first overseas store in Hanoi, Vietnam, in 2018, marking its initial step toward global expansion. Today, Mixue operates approximately 4,700 stores outside China across 13 countries, including Australia, Japan, South Korea, Thailand, Malaysia, and Singapore. The opening of its first store in the United States further extends the brand’s global footprint.

MIXUE Group now operates over 53,000 stores worldwide, making it one of the largest freshly made beverage chains by store count. Its rapid expansion and value-focused model have positioned the group ahead of many established global brands in terms of physical footprint. Reflecting its growing international influence, MIXUE Group was included this year in Time magazine’s list of the “100 Most Influential Companies in the World,” where it was the only restaurant chain recognized. The listing highlights the increasing presence of Chinese consumer brands on the global stage and MIXUE’s expanding role in the international food and beverage market.

“Mixue is actively advancing its global strategy. Given the substantial market potential in the United States, the first store serves as a starting point. Moving forward, the company will steadily expand its store footprint, allowing more local consumers to enjoy high-quality, affordable drinks,” the head of Mixue U.S. commented at the opening.

By combining applied product research with foundational ingredient and process development, the Company continuously upgrades its core beverage components while introducing freshly made drinks designed to balance quality and affordability. The brand’s supply chain is managed through a digital system that supports end-to-end quality control, from ingredient sourcing and production to warehousing and distribution. This “farm-to-table” approach applies consistent standards at each stage. 

Looking ahead, Mixue plans to further expand its presence across the Americas, introducing its value-focused menu to a wider range of consumers. Stores across New York will also begin opening in the coming days. The Company will continue to strengthen its supply chain by expanding sourcing capabilities, improving logistics efficiency, and investing in production capacity and research and development. These efforts are aimed at supporting sustainable growth while maintaining consistent product quality and affordability as Mixue scales in international markets.

For more information about Mixue US, please visit https://www.instagram.com/mixue_global.

About MIXUE Group

Founded in China, MIXUE Group is the world’s leading global freshly-made drinks company. Operating the freshly-made tea drinks brand Mixue and freshly-made coffee brand Lucky Cup, Mixue has built a comprehensive end-to-end supply chain at the largest scale in China’s freshly-made drinks industry, encompassing essential aspects covering procurement, production, logistics, R&D and quality control. The company is committed to delivering high-quality, affordable fresh beverages to consumers worldwide through its extreme-efficiency global supply chain and franchise model.

Mixue Fresh Lemonade
Mixue Fresh Lemonade

Mixue Debuts in U.S. with First Store Opening

LOS ANGELES, Dec. 20, 2025 /PRNewswire/ — Mixue, a brand under MIXUE Group (02097.HK), opened its first store in Los Angeles on December 19, marking its debut in the Americas and another step in the group’s global expansion strategy.

Grand Opening
Grand Opening

Located at 6922 Hollywood Blvd Suite 107, the store features Mixue‘s core menu of ice cream, pure tea, fruit tea, milk tea, and freshly brewed coffee, with customizable sugar levels and toppings. The menu pricing lists the brand’s signature ice cream at $1.19, iced lemonade at $1.99, lattes at $2.99, and bubble tea starting at $3.99, with most items priced between $1.19 and $4.99. To mark the opening, Mixue hosted a series of launch activities, including street pop-ups featuring its Snow King mascot, themed photo experiences, and promotional giveaways, attracting strong interest and excitement from local consumers.

Mixue has expanded internationally over several years. The brand opened its first overseas store in Hanoi, Vietnam, in 2018, marking its initial step toward global expansion. Today, Mixue operates approximately 4,700 stores outside China across 13 countries, including Australia, Japan, South Korea, Thailand, Malaysia, and Singapore. The opening of its first store in the United States further extends the brand’s global footprint.

MIXUE Group now operates over 53,000 stores worldwide, making it one of the largest freshly made beverage chains by store count. Its rapid expansion and value-focused model have positioned the group ahead of many established global brands in terms of physical footprint. Reflecting its growing international influence, MIXUE Group was included this year in Time magazine’s list of the “100 Most Influential Companies in the World,” where it was the only restaurant chain recognized. The listing highlights the increasing presence of Chinese consumer brands on the global stage and MIXUE’s expanding role in the international food and beverage market.

“Mixue is actively advancing its global strategy. Given the substantial market potential in the United States, the first store serves as a starting point. Moving forward, the company will steadily expand its store footprint, allowing more local consumers to enjoy high-quality, affordable drinks,” the head of Mixue U.S. commented at the opening.

By combining applied product research with foundational ingredient and process development, the Company continuously upgrades its core beverage components while introducing freshly made drinks designed to balance quality and affordability. The brand’s supply chain is managed through a digital system that supports end-to-end quality control, from ingredient sourcing and production to warehousing and distribution. This “farm-to-table” approach applies consistent standards at each stage. 

Looking ahead, Mixue plans to further expand its presence across the Americas, introducing its value-focused menu to a wider range of consumers. Stores across New York will also begin opening in the coming days. The Company will continue to strengthen its supply chain by expanding sourcing capabilities, improving logistics efficiency, and investing in production capacity and research and development. These efforts are aimed at supporting sustainable growth while maintaining consistent product quality and affordability as Mixue scales in international markets.

For more information about Mixue US, please visit https://www.instagram.com/mixue_global.

About MIXUE Group

Founded in China, MIXUE Group is the world’s leading global freshly-made drinks company. Operating the freshly-made tea drinks brand Mixue and freshly-made coffee brand Lucky Cup, Mixue has built a comprehensive end-to-end supply chain at the largest scale in China’s freshly-made drinks industry, encompassing essential aspects covering procurement, production, logistics, R&D and quality control. The company is committed to delivering high-quality, affordable fresh beverages to consumers worldwide through its extreme-efficiency global supply chain and franchise model.

Mixue Fresh Lemonade
Mixue Fresh Lemonade