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Cohesity Research Finds Cyberattacks Forcing Financial Course Corrections

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SINGAPORE, Nov. 13, 2025 /PRNewswire/ — A new global study by Cohesity, a leader in AI-powered data security and resilience, shows the financial ripple effects of cyberattacks now extend well beyond operational disruption, reshaping boardroom priorities, financial planning, and growth strategy.

According to the report, “Risk-Ready or Risk-Exposed: The Cyber Resilience Divide,” nearly three-quarters of organizations (76%) have experienced at least one material cyberattack—defined in the survey as an incident that caused measurable financial, reputational, operational, or customer churn impact.

  • 70% of publicly traded companies reported adjusting earnings or financial guidance after an attack.
  • 68% said they observed an impact on their stock price.
  • 73% of privately held firms redirected budgets from innovation and growth initiatives.
  • 92% reported experiencing legal, regulatory, or compliance consequences, including fines, lawsuits, or other enforcement actions.

“These findings show that cyberattacks now touch every part of an organization, testing even the most well-prepared as aftershocks spread beyond technical recovery,” said Sanjay Poonen, chief executive officer and president, Cohesity. “When incidents compel companies to rethink forecasts, absorb market reactions, and redirect budgets, cyber resilience is no longer just a technology issue. It’s a business and financial imperative.”

A New Financial Reality for Cyber Resilience

While only a small number of public companies have formally disclosed changes to earnings guidance following a cyber incident, the high percentages seen in this research indicate that respondents view material cyberattacks as producing broader financial strain and operational consequences than what public filings typically capture.

This disconnect between market perception and organizational reality is likely influenced by limited disclosure requirements, narrow investor definitions of materiality, and the underestimation of intangible losses such as brand trust, customer churn, supply chain impacts, and decreases in productivity.

The research also points to a shift in how enterprises treat cyber risk. While prevention and detection remain priorities, the true differentiator lies in how quickly organizations can recover with confidence and how effectively leaders can reassure markets, regulators, and customers after an incident. Nearly half of surveyed leaders (47%) expressed complete confidence in their resilience[1] strategies, even as costly attacks continue to produce measurable financial fallout.

GenAI Adoption Accelerates Beyond Risk Tolerance

The study additionally highlights a parallel challenge. As enterprises integrate new forms of AI into daily operations, many IT functions are struggling with the speed and scale of GenAI adoption. Eighty-one percent (81%) of IT and security leaders said GenAI is advancing faster than their organizations can safely manage risks. Yet most also recognize its transformative potential.

“Organizations are confronting the AI and security paradox,” said Poonen. “On one hand, AI will transform virtually every aspect of business operations. On the other, this research shows that most IT leaders fear adoption is outpacing their risk tolerance. The path forward begins with AI-ready data that is trusted, protected, and resilient. It forms the infrastructure cornerstone for responsible AI, enabling organizations to innovate confidently without increasing exposure.”

Resilience as Competitive Advantage

Cohesity’s findings underscore that cyber resilience is fundamental to financial health, leadership, and customer confidence. The organizations that outperform competitors today and in the future are those that can recover faster, remove threats, and maintain stakeholder trust when the inevitable disruptions occur. 

See Cohesity’s five-step action plan for practical steps to strengthen cyber resilience.

[1]Respondents were provided with the NIST definition of cyber resiliency at the start of the survey: “The ability to anticipate, withstand, recover from, and adapt to adverse conditions, stresses, attacks, or compromises on systems that use or are enabled by cyber resources. Cyber resiliency is intended to enable mission or business objectives that depend on cyber resources to be achieved in a contested cyber environment.”

About the Research

Findings are based on a survey of 3,200 IT and security decision makers commissioned by Cohesity and conducted by Vanson Bourne in September 2025. Respondents represent organizations in the US, Brazil, UK, Germany, France, UAE, Australia, South Korea, Japan, India, and Singapore. The organizations had 1,000 or more employees and came from a range of public and private sectors.

About Cohesity

Cohesity protects, secures, and provides insights into the world’s data. As the leader in AI-powered data security, Cohesity helps organizations strengthen resilience, accelerate recovery, and reduce IT costs. With Zero Trust security and advanced AI/ML, Cohesity Data Cloud is trusted by customers in more than 140 countries, including 70% of the Global 500. Cohesity is also backed by industry leaders such as NVIDIA, Amazon, Google, IBM, Cisco, and HPE.

Cohesity is certified as a Great Place to Work in multiple countries. Follow Cohesity on LinkedIn and visit www.cohesity.com to learn more.

Aryaka Announces Unified SASE as a Service 2.0, Evolving Platform for Era of Hybrid Workforce and AI

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Aryaka Unified SASE as a Service 2.0 introduces Universal ZTNA, AI>Secure, and other major new security capabilities


SINGAPORE – Media OutReach Newswire – 13 November 2025 – Aryaka®, the leader in and first to deliver Unified SASE as a Service, today announced the launch of Aryaka Unified SASE as a Service 2.0. The new platform incorporates several major new features to accommodate booming remote work and rising AI adoption. Aryaka Unified SASE 2.0 ensures that any user can securely connect to any application, anywhere, with performance, simplicity, and agility. New capabilities include Aryaka Universal Zero Trust Network Access (ZTNA) and Aryaka AI>Secure.

“Across Asia, enterprises are fast-tracking their digital transformation while navigating the complexities of AI adoption and hybrid work,” says Nitin Ahuja, Vice President and General Manager, APAC and APJ at Aryaka. “With Aryaka Unified SASE as a Service 2.0, we are empowering businesses to expand their high-performance network connectivity to hybrid workforce. We are committed to helping customers across the region achieve resilience, compliance, and innovation at scale, without any tradeoffs between networking and security.”

As the demand for secure, high-performance connectivity accelerates across industries, analysts are seeing the same trend take shape globally. According to research1 from Roy Chua, Founder and Principal at AvidThink, enterprises are rapidly converging networking and security to support AI-driven growth. The study found that 35% of organizations have already converged, while nearly 60% expect to do so within the next 12–18 months, and almost none plan to delay convergence indefinitely – highlighting that unified approaches like Aryaka’s Unified SASE as a Service 2.0 are becoming essential for the AI and remote-work era.

“Generative and Agentic AI are changing how and where work gets done. That means the supporting network and security posture must evolve accordingly,” said Roy Chua, Founder and Analyst at AvidThink. “With a fully-converged approach to networking and security, Aryaka Unified SASE as a Service 2.0 can help enterprises gain the performance, protection, and visibility needed to confidently adopt AI at scale, in both on-premises and hybrid environments. Its secure converged offering allows organizations to innovate without exposing intellectual property and assets.”

AI>Secure Supports Safe AI Innovation

The company has also introduced Aryaka AI>Secure as part of its Unified SASE as a Service 2.0 platform. The feature further advances Aryaka’s mission to help organizations support and accelerate GenAI adoption, complementing the platform’s previously announced AI>Observe and AI>Perform capabilities.

Enterprises face new risks with the adoption of GenAI applications, including unsanctioned shadow AI usage, knowledge leakage, and new attack surfaces to protect. Traditional security tools lack security controls and visibility of Gen AI workloads, creating exploitable gaps and risks for enterprises.

With nearly 70% of IT leaders citing AI-related scaling and security challenges, Aryaka’s new AI>Secure capability extends the benefits of convergence into the GenAI era, protecting innovation as enterprises adopt new models and tools.

AI>Secure protects enterprises by securing employee access to public GenAI apps and safeguarding internal GenAI services. It blocks prompt injections, token flooding, malicious code, URL, and jailbreaks, while enforcing content-safety and sentiment controls. With centralized policy enforcement, real-time monitoring, and intelligent traffic classification, AI>Secure helps enterprises securely innovate with AI by identifying and eliminating Shadow AI, protecting against knowledge leakage, reducing GenAI-specific security risks, and maintaining compliance in an evolving threat landscape.

AI>Secure will be available in Q1 2026.

Universal Zero Trust Brings Secure Global Access to Remote Workers

AvidThink’s survey findings for the North American market also show why this convergence is so urgent. Top enterprise challenges include scaling networking and security for AI and data growth (68%), meeting compliance requirements (59%), and reducing multi-vendor complexity (49%) – pain points Aryaka directly addresses with its Zero Trust WAN foundation.

Many enterprises still rely on complex and inconsistent access solutions, such as traditional VPNs and siloed ZTNA technologies, that subject networks to poor performance, unauthorized access, and credential abuse. This results in inconsistent policies, unauthorized access, operational complexity, poor network performance, and an inability to enforce access controls across remote users, hybrid environments, and cloud applications.

Aryaka Universal ZTNA enables Zero Trust access to any app from anywhere. The new feature, offered natively as part of Aryaka Unified SASE 2.0, enforces consistent, identity and posture-based access control across all edges of Aryaka’s Zero Trust WAN, including users, apps, and locations. As a result, enterprises gain full visibility and control over application access, reduce reliance on legacy VPNs, minimize risk from lateral movement, and simplify policy enforcement through Aryaka’s unified platform.

Universal Zero Trust is available now.

Aryaka Unified SASE as a Service 2.0’s other key features include:

  • Aryaka Next-Gen DLP delivers advanced data loss prevention: Aryaka Next-Gen Data Loss Prevention (DLP) leverages AI-powered natural language processing, granular policy tuning, and contextual pattern recognition to protect data in motion between networks, applications, locations, and users. Enterprises gain real-time visibility into sensitive data flows, stop data loss at the source, and meet compliance requirements with less operational overhead.
  • GenAI Traffic protects and empowers all generative AI interactions: Aryaka Unified SASE 2.0 ensures that every GenAI traffic flow – spanning SaaS, cloud AI services, and legacy apps – are zero trust secured and high-performance from first mile to last.
  • Refreshed My Aryaka simplifies visibility and policy enforcement: The convergence of network and security necessitates the user experience to cater to multiple personas. The platform’s updated My Aryaka home page enhances efficiency and expedites access to essential information. The improved landing page provides instant visibility into critical network and security data, helping teams save valuable time and effort.
  • Operationalizing Threat Research: Aryaka’s unified SASE as a Service 2.0 represents a significant leap forward in how we detect, analyze, and stop modern cyber threats, driven directly by the intelligence gathered from our in-house threat research team. Operating around the clock, our researchers monitor underground ecosystems, dark web forums, and live attack telemetry to uncover new tactics, techniques, and procedures (TTPs) used by adversaries. This intelligence, updated in real time, fuels our detection engines, ensuring you are always informed and up to date on emerging malware families and AI-generated attacks, far earlier in the kill chain.

The launch of Aryaka Unified SASE as a Service 2.0 is another critical milestone for the company. Since the introduction of Aryaka Unified SASE 1.0 in March 2024, over 100 customers have deployed Aryaka’s Unified SASE solution in production, including organizations from the manufacturing, transportation, technology, retail, and other sectors.

“Aryaka Unified SASE 2.0 is a natural progression,” said Ahuja. “With powerful enhancements such as Universal ZTNA, AI>Secure, and Next-Gen DLP, the platform equips enterprises with everything they need to thrive in the era of hybrid work and GenAI. It delivers the industry’s only truly converged networking and security experience in the industry.”

1AvidThink, “Next Gen Enterprise Connectivity, 2025,” November 2025
Hashtag: #Aryaka




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

About Aryaka

Aryaka is the leader in delivering Unified SASE as a Service, a fully integrated solution combining networking, security, and observability. Built for the demands of Generative AI as well as today’s multi-cloud hybrid world, Aryaka enables enterprises to transform their secure networking to deliver uncompromised performance, agility, simplicity, and security. Aryaka’s flexible delivery options empower businesses to choose their preferred approach for implementation and management. Hundreds of global enterprises, including several in the Fortune 100, depend on Aryaka for their secure networking solutions.

For more on Aryaka, please visit

Merlin Entertainments’ LEGOLAND® Discovery Centre Hong Kong “HOLIDAY BRICKTACULAR” Returns with Creativity as the Best Christmas Gift

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HONG KONG SAR – Media OutReach Newswire – 13 November 2025 – As the sound of Christmas bells draws near, LEGOLAND® Discovery Centre Hong Kong, under Merlin Entertainments, once again transforms into the enchanting “HOLIDAY BRICKTACULAR” from now until 5 January 2026. Families are warmly invited to embark on a LEGO® winter journey filled with creativity, joy, and heartfelt moments. Continuing the theme of “Build a Heart, Share the Joy,” this year’s celebration features interactive activities and exclusive experiences that invite every LEGO® fan to embrace the festive spirit, create lasting memories, and share love with children in need around the world. On 27 November 2025, LEGOLAND® Discovery Centre in Hong Kong, Shanghai, Beijing, and Shenyang will simultaneously host a Christmas Tree Lighting Ceremony across all four cities. The event will feature a joyful live performance of festive carols by a group of cheerful children, creating a heartwarming moment to officially usher in the Christmas season.

LDCHK 2025 Holiday Bricktacular Christmas Tree

This Christmas, let love blossom from your fingertips. Discover the festive highlights below and build the warmest holiday memories with LEGO® in a journey made for families.

Activity 1: MINILAND® Christmas Stocking Hunt

Legend has it that Christmas gifts are hidden inside the stockings! Begin your festive quest by searching for three LEGO®-built stockings scattered throughout MINILAND®.

Activity 2: Build a Heart Share the Joy

Join the “Build To Give” initiative1 by creating a heart-shaped LEGO® build and sharing it on social media with the hashtag #BuildToGive. Each post helps deliver festive cheer to children in need, extending warmth and kindness across the globe.

Activity 3: Snap a Photo with the LEGO® Christmas Tree

Immerse yourself in the festive atmosphere with the giant LEGO® Christmas trees and themed decorations throughout the centre. Don’t forget to capture the moment with these creative builds that bring the season to life.

Limited-Time Activity 1: Spot the LEGO® Santa

Keep your eyes peeled! LEGO® Santa will make surprise appearances throughout the centre, ready to greet guests and pose for photos. If you’re lucky, you might just catch him in action!

Limited-Time Activity 2: Creative Workshop2

Join our Master Model Builder crew and build your very own festive LEGO® creation. Let your imagination shine and complete your LEGO® journey with a hands-on experience.

Limited-Time Activity 3: Christmas Tree Lighting Ceremony

On 27 November 2025, LEGOLAND® Discovery Centre will host a Christmas Tree Lighting Ceremony, featuring a live performance of festive carols by a group of cheerful children. With twinkling lights and heartwarming melodies filling the air, guests will be immersed in a joyful atmosphere as the winter wonderland journey begins.

“Christmas is more than gifts — it’s about sharing and caring.” Come ring the Christmas bells at “HOLIDAY BRICKTACULAR,” take part in the Christmas Tree Lighting Ceremony on 27 November 2025! Paid guests or annual pass holders who enter after 3:00 PM that day will receive a limited goodie bag3 and enjoy live Christmas carol performances. Let’s build heartfelt creations with our loved ones, share joy, and celebrate a truly warm Christmas together!

Gift Shop Offer – Is it PLAY you’re looking for

In this joyful holiday season, let LEGOLAND® Discovery Centre Hong Kong Gift Shop be your top choice for Christmas gift shopping! Don’t miss out on our exciting promotions from 14 November 2025 to 1 January 2026. Spend HK$300 to receive the 30670 Santa’s Sleigh Ride set or spend HK$500 to receive a limited holiday shopper bag and a holiday tin bauble4!

In addition, we invite children to write letters to LEGO® CataClaws, sharing Christmas wishes for a chance to receive a personalised reply and a mysterious surprise. This activation will run from 17 November to 21 December 2025, and every week, ten letters will be selected to feature on the official LEGO® Facebook account. Selected participants will also have the chance to win a random LEGO® set as prize, making this Christmas even more special!

1 In connection with the #BuildToGive 2025 Holiday Activation, the LEGO Group will donate one LEGO® set to charity for every LEGO heart that is built with LEGO bricks and shared on social media with #BuildToGive. Children under the age of 16 must obtain parent’s permission to post to social media. Total annual donation not to exceed 1,500,000 LEGO sets with a total value of 15,000,000 USD.
2 Limited spaces are available; please arrive 15 minutes early to collect reserved bricks and refer to the attraction notice for specific workshop times.

3 Available while stock lasts.
4 Available while stock lasts.

Hashtag: #LEGOLANDDiscoveryCentreHK #LEGOHK #K11MUSEA #LEGO #HolidayBricktacularHK #BuildToGive

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

About LEGOLAND® Discovery Centre Hong Kong

LEGOLAND® Discovery Centre is where LEGO® creativity never ends and has attractions around the world. Geared towards children aged 3 to 10 and their families, the attraction features millions of LEGO® bricks and multiple activities, including: Kingdom Quest Ride; Merlin’s Apprentice Ride; LEGO® 4D Experience; Build and Test; MINILAND®, featuring iconic landmarks; LEGO® Friends Heartlake City; and more. LEGOLAND® Discovery Centre Hong Kong is a proud member of the Merlin Entertainments Group.

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About Merlin Entertainments

Merlin Entertainments is a world leader in branded entertainment destinations, offering a diverse portfolio of resort theme parks, city-centre gateway attractions and LEGOLAND® Resorts which span across the UK, US, Western Europe, China and Asia Pacific. Dedicated to creating experiences that inspire joy and connection, Merlin welcomes more than 62 million guests annually to its diverse global estate in over 20 countries. An expert in bringing world-famous entertainment brands to life, Merlin works with partners including the LEGO® Group, Sony Pictures Entertainment, Peppa Pig, DreamWorks and Ferrari to create destinations where guests can immerse themselves in a wide array of brand-driven worlds, rides and uplifting learning experiences.

See for more information.

Medical AI Company VUNO Reports Profit in Q3, Driven by DeepCARS Growth

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– 11 Consecutive Quarters of Revenue Growth; Q3 Revenue Exceeds KRW 10 billion for the First Time

SEOUL, South Korea, Nov. 13, 2025 /PRNewswire/ — VUNO Inc., a global medical AI company, announced that it was profitable in the third quarter of 2025, recording consolidated revenue of KRW 10.8 billion, operating profit of KRW 1.0 billion, and net profit of KRW 1.0 billion.

Revenue rose approximately 58% year-on-year (YoY) from KRW 6.9 billion in the same period last year and 17% quarter-on-quarter (QoQ) from KRW 9.3 billion in Q2. With this, VUNO has achieved 11 consecutive quarters of revenue growth. This also marks the first time since its founding in 2014 that the company’s quarterly revenue has surpassed KRW 10 billion, signifying a major milestone in its path to sustained profitability.

Cumulative revenue for the first three quarters of 2025 reached KRW 27.6 billion, already exceeding the full-year 2024 total of KRW 25.9 billion and achieving the company’s annual growth target ahead of schedule.

The profit was driven by growth in core products and improvements in management efficiency. VUNO Med®–DeepCARS® (DeepCARS) recorded KRW 7.0 billion in Q3 revenue, up 18% YoY, contributing significantly to overall performance. Product portfolio optimization, streamlined operations, and cost management further supported the improvement in profitability.

Joon Kim, Chief Financial Officer of VUNO, said, “Stable revenue growth from our main products and improved management efficiency have strengthened our financial foundation. These results demonstrate the commercialization potential of our medical AI solutions, and we aim to establish a sustainable profit model while accelerating our global expansion.”

DeepCARS, a leading AI solution in South Korea’s medical market, predicts the risk of in-hospital cardiac arrest within 24 hours for patients in general wards. It is currently deployed across approximately 50,000 hospital beds nationwide. The company is expanding globally, preparing pilot tests with a European partner and hospitals in Germany based on its CE-MDR certification. In the United States, VUNO is pursuing FDA clearance and has presented its solution at major critical care conferences, while establishing strategic partnerships with leading U.S. hospital systems to accelerate its market entry.

About VUNO

VUNO, founded in 2014, is a leading South Korean medical AI company and the developer of the nation’s first approved AI-powered medical device. Leveraging cutting-edge AI technology, VUNO analyzes a wide range of medical data—from bio signals such as ECG, respiratory rate and blood pressure to medical images including X-rays, CT scans, and fundus images—to predict critical events and support clinicians in decision-making. Committed to patient-centered innovation, VUNO strives to make high-quality healthcare accessible to everyone, worldwide.

About VUNO Med®-DeepCARS®

VUNO Med®-DeepCARS®(DeepCARS) is an AI-powered medical device designed to monitor the risk of in-hospital cardiac arrest within the next 24 hours. It analyzes patients’ vital signs-including blood pressure, heart rate, respiratory rate, and body temperature-in general wards. As of October 2025, DeepCARS has been implemented across more than 50,000 hospital beds in South Korea, including over 20 tertiary general hospitals, establishing itself as an essential part of care. In 2023, DeepCARS received Breakthrough Device Designation (BDD) from the U.S. Food and Drug Administration (FDA) and is currently undergoing the FDA approval process.

 

Moomoo Singapore Crowned Best Retail Broker for Third Consecutive Year

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  • First and only broker to accomplish this feat
  • Championing Singapore’s vision for an inclusive capital market
  • Caps off a strong year of achievements for Moomoo Singapore

SINGAPORE, Nov. 13, 2025 /PRNewswire/ — Moomoo Financial Singapore Pte. Ltd. (“Moomoo Singapore”) has been named Best Retail Broker in Singapore by the Securities Investors Association (Singapore) (“SIAS”), marking its third consecutive win at the SIAS prestigious Investors’ Choice Awards.

Ms Echo Zhao, Country Head of Moomoo Singapore, received the award from Mr Michael Syn, President of SGX Group, and Mr Robson Lee, member of the SIAS Management Committee, at the ceremony held on Tuesday.

This achievement makes Moomoo Singapore the only broker in Singapore to secure this honour three years in a row, underscoring its continued leadership in technology, financial education, and investor empowerment.

The recognition comes at a pivotal time for Singapore’s capital markets, as the nation renews its focus on strengthening retail participation and deepening financial literacy. Moomoo Singapore’s consistent recognition by SIAS highlights its vital role in advancing this mission — helping investors connect more deeply with the Singapore market through innovative tools, local partnerships, and community engagement.

“We are honoured to receive this award, which not only recognises the work we have done to support Singapore’s growing community of investors, but also celebrates the achivements of the investing community here. Over the past four years, Moomoo Singapore has been active in the community through our financial literacy outreach, and we are proud to be part of a small but powerful voice in the Singapore story,” said Ms Echo Zhao, Country Head, Moomoo Singapore.

Building a Stronger Investing Ecosystem in Singapore

The award comes as Moomoo Singapore celebrates its latest milestones — from new physical stores to enhanced app features and large-scale investor events that demonstrate its commitment to making investing more accessible, engaging, and rooted in the local community.

Over the weekend, the first Moomoo Stores opened at 313@Somerset and JEM — highlighting the company’s commitment to bring investing into the heart of the community. Designed as interactive spaces where investors can learn, connect, and experience Moomoo’s tools firsthand, these physical boutiques mark an important step in making investing more accessible and engaging for all.

Beyond the physical presence, Moomoo Singapore has continued to expand its digital ecosystem to meet the evolving needs of local investors. The introduction of CDP linkage has brought Singapore’s market even closer to investors’ fingertips, allowing them to view and manage their SGX-listed holdings seamlessly within the Moomoo app. As the platform surpassed 1.5 million users in Singapore, it also received regional recognition at the Asia FinTech Awards 2025, where Moomoo Singapore was named WealthTech of the Year and Personal Finance Tech of the Year. These milestones underscore the company’s commitment to empowering both retail and high-net-worth investors through innovation, education, and an inclusive investing experience.

These come as Moomoo Singapore surpassed 1.5 million users in July 2025 — meaning that one in two Singapore residents aged between 20 and 70 now invests through its platform. This scale speaks not only to growing trust in Moomoo, but also to the evolution of Singapore’s retail investing culture — one that values transparency, technology, and community.

“Moomoo Singapore is deeply woven into the fabric of our nation’s financial and social ecosystem. We’re proud to serve not just as a digital investment platform, but as a trusted partner in the financial journeys of everyday Singaporeans. Our close collaboration with SIAS reflects our shared commitment to strengthen Singapore’s capital markets and foster a more informed, confident investor community. As the country celebrates SG60, we remain dedicated to building a future where investing is more inclusive, intelligent, and accessible to all — empowering every Singaporean to take part in the next chapter of our nation’s financial story.”

– END –

About Moomoo Singapore

Moomoo Financial Singapore Pte. Ltd. (Moomoo Singapore) is an award-winning advanced financial technology company transforming the investing experience through our digitalised brokerage and wealth management platform – moomoo. Moomoo enhances the user experience with market data, news, and powerful analytical tools. Moomoo also embeds a unique digitalised investment community to connect all users, investors, companies, analysts, media and key opinion leaders.

Moomoo Singapore offers investment products for trading via the moomoo platform, and it is a capital markets services license holder regulated by the Monetary Authority of Singapore (Licence No. CMS101000), Major Payment Institution (Licence No. PS20200617) holder with the Exempt Financial Adviser Status. In July 2025, Moomoo Singapore reached the 1.5 million users milestone in Singapore.

Moomoo Private Wealth offers bespoke investment strategies for HNW and institutional clients. Backed by its cutting-edge technology platform, Moomoo Private Wealth offers a portfolio of innovative investment products and has been recognised by Asia Banking and Finance for its product excellence.

Our achievements include the WealthTech of the Year and Personal Finance Tech of the Year at the 2025 Asia Fintech Awards and a three-time winner of the SIAS Best Retail Broker Award (2023, 2024 and 2025).

FASHION TO RECONNECT: A Tale of Two Style Capitals From 17 November to 25 December

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Bringing together the fashion capitals of the East and West, featuring 9 Hong Kong-based and 15 Italian designers and brands

  • FASHION TO RECONNECT Fashion Exhibition: creating an immersive journey of sustainable aesthetics
  • 6 Third Paradise art installations make their debut at Hong Kong cultural landmarks and popular hotspots
  • Launching a new chapter in Hong Kong-Italy fashion, art and sustainable development

HONG KONG SAR – Media OutReach Newswire – 13 November 2025 – The global fashion extravaganza, FASHION TO RECONNECT: A Tale of Two Style Capitals, organised by the College of Liberal Arts and Social Sciences (CLASS), City University of Hong Kong (CityUHK) with Fondazione Pistoletto Cittadellarte in partnership with Camera Nazionale della Moda Italiana and sponsored by the Cultural and Creative Industries Development Agency as a programme of the Hong Kong Fashion Fest which is presented by the Government of the Hong Kong Special Administrative Region, will be held from 17 November to 25 December 2025. This cultural exchange project is supported by the Consulate General of Italy. The FASHION TO RECONNECT project will feature 6 Third Paradise art installations reinterpreted by Hong Kong-based artists and collectives, alongside a fashion exhibition, and several moments of interaction for creatives from the two regions. The exhibition by Fondazione Pistoletto Cittadellarte and curated by Tiziano Guardini will showcase masterpieces by 9 Hong Kong-based and 15 Italian designers and brands reflecting the cultural exchange and resonance between two regions. It will also serve as a platform to recognise designers’ contributions to sustainable fashion worldwide.

FASHION TO RECONNECT A Tale of Two Style Capitals

The Third Paradise, proposed by the Italian artist Michelangelo Pistoletto, represents the third phase of humanity: a balanced connection between artifice and nature. Third Paradise art installations have been showcased in Australia, Chinese Mainland, England, France, Italy, South Korea and at the United Nations Headquarters, as well as many other locations worldwide. From November to December, 6 Third Paradise art installations will be presented at 5 cultural landmarks and popular destinations in Hong Kong: the Sophia Loren House in Wan Chai, Hong Kong International Airport, City University of Hong Kong, the Hong Kong Cultural Centre, and the Hung Hom Harbourfront Promenade. The installations will feature large-scale art installations and digital videos, offering visitors and locals the opportunity to experience the Third Paradise in unexpected ways within familiar urban settings. These interactions encourage audiences to reconnect with the natural environment in their daily lives and explore new possibilities for sustainable living. The Hong Kong edition is the largest-scale event dedicated to the Third Paradise, featuring 6 installations utilising various art forms and collaborating with different creatives across multiple districts within the same city during the same period.

Taking inspiration from Third Paradise and Fondazione Pistoletto Cittadellarte, the FASHION TO RECONNECT Fashion Exhibition will be held at ArtisTree in Taikoo Place from 25 November to 24 December. The exhibition aims to elevate fashion as an artistic medium for driving social change, showcasing the creative processes and works of 9 Hong Kong-based and 15 Italian designers and brands. Through fashion, the exhibition invites visitors to consider humanity’s relationship with nature and encourages them to make conscious choices for a sustainable future.

To promote exchanges between Hong Kong (China) and Italy in the field of sustainability, FASHION TO RECONNECT is hosting a symposium, a roundtable and 2 seminars under the theme “Sino-Overseas Exchange: The Tale of Two Style Cities”. These events will be held at Soho House in Sheung Wan from 27 to 28 November. Among the speakers, Paolo Naldini, Director, Fondazione Pistoletto Cittadellarte, Sara Sozzani Maino, Creative Director Fondazione Sozzani and International New Talents and Brands Ambassador of Camera Nazionale della Moda Italiana, and Tiziano Guardini, eco-conscious designer and exhibition curator. Participants will explore the challenges and opportunities in sustainable fashion and analyse different strategies in eco-conscious design, resource management, cultural preservation, and cross-sectorial collaborations examining the shared values and unique perspectives nurtured within the cultural contexts of Hong Kong (China) and Italy to foster deeper and more creative cross-disciplinary collaboration.

Prof. Alfred Tat-kei Ho, Dean of CLASS, CityUHK, and part of the project team expressed his enthusiasm in announcing the project “CLASS is proud to announce this project as it represents a high-impact activity that will engage not only academics and professionals interested in fashion, sustainability, and art, but also the wider public through activations that will contribute to brand Hong Kong as a creative and cultural hub focusing in East Meets West. This is a concrete example of cross-sectorial collaborations that represent the direction for companies to grow and enhance their brand awareness”.

Prof. Esterina Nervino, Assistant Professor at CityUHK and Project Coordinator of FASHION TO RECONNECT commented: “With my research rooted in luxury, sustainability, and art, I am especially proud of this initiative, which brings together exceptional partners to create cultural experiences that will inspire communities and enliven districts across the city”.

Exploring the 6 Third Paradise Art Installations: A Sustainable Dialogue Through Urban Spaces

Third Paradise @ Hung Hom Harbourfront Promenade

6 Third Paradise art installations will be presented at cultural landmarks and popular spots in Hong Kong on designated dates between November and December. Renowned Hong Kong artists and groups will reinterpret Michelangelo Pistoletto’s concept of the Third Paradise, with each installation expressing a unique artistic perspective. Together, these works will transform the city into a platform for public dialogue on sustainability, inviting in-depth reflection on the future in different urban spaces.

6 Third Paradise Art Installations
Date: 17 November – 07 December

Venue: Sophia Loren House, Wan Chai

In Collaboration With: Khalif Yu

Intro: Created by Khalif Yu, a fibre artisan from Hong Kong (China), the artwork skilfully employs natural materials to offer a stunning interpretation of Michelangelo Pistoletto’s Third Paradise. Created using sustainable fibres and practices, this intricate installation will adorn the balcony of the Sophia Loren House on Johnston Road in Wan Chai, serving as a breathtaking visual centrepiece that promotes sustainability. Every knot and weave reflects Khalif’s commitment to preserving nature and encouraging conversations about environmental awareness and the interconnectedness of life. The installation invites viewers to consider a shared future in which art, sustainability and community can flourish together.

Date: 19 November – 16 December

Venue: Arrival Hall of Terminal 1, Hong Kong International Airport

In Collaboration With: Vivienne Tam

Intro: Taking inspiration from the Third Paradise concept and featuring the iconic OPERA GIRL from the designs of the famous fashion designer Vivienne Tam, the digital artwork promotes sustainability by highlighting the rich tradition of Chinese opera alongside contemporary eco-conscious practices at Hong Kong Airport’s Terminal 1 arrival hall. The vibrant imagery of the OPERA GIRL is intertwined with visuals that showcase sustainable materials and methods used in opera costumes and sets, emphasising how traditional artistry can evolve to embrace environmental responsibility. As the video unfolds, it encourages travellers to appreciate the cultural significance of Chinese opera while inspiring them to adopt sustainable choices in their own lives.

Date: 20 November – 25 December

Venue: Hung Hom Harbourfront Promenade

In Collaboration With: Dorian Ho

Intro: Guided by the concept of the Third Paradise, the artwork draws on the dynamic energy of the National Games, incorporating the Third Paradise symbol into the sporting atmosphere. This allows everyone to immerse themselves in the endless vitality that resides in the harmony of the sea and sky. Sport plays a vital role in promoting sustainability by fostering community well-being, encouraging environmental responsibility and inspiring collective action towards a healthier, more sustainable future.

Date: 22 November – 19 December

Time: 07:30 – 22:30

Venue: “Tunnel of Future Innovations”, City University of Hong Kong

In Collaboration With: Zoie Lam

Intro: Riding on the Third Paradise concept, the Hong Kong-based artist Zoie Lam draws inspiration from the vibrant cultural tapestry of Sham Shui Po, infusing iconic elements of this bustling Hong Kong district into a captivating video that emphasizes sustainability. Alongside this, she weaves in the rich heritage of Italy, showcasing the charming streets and the lively markets of Italy. Through a blend of traditional motifs and contemporary aesthetics, Zoie highlights the rich street life, local markets, and architectural gems that define both Sham Shui Po and Italy, while showcasing sustainable practices and initiatives from these communities. The video, designed to be displayed in the “Tunnel of Future Innovations” connecting CityUHK and Festival Walk, serves as a visual journey, inviting viewers to experience the dynamic energy and cultural heritage of both areas while promoting awareness of environmental responsibility.

Date: 27 November – 14 December

Time: 09:00 – 23:00

Venue: G/F, Hong Kong Cultural Centre, Tsim Sha Tsui

In Collaboration With: Hong Kong Ballet

Intro: The Hong Kong Ballet is set to create a mesmerising art installation inspired by Michelangelo Pistoletto’s Third Paradise, incorporating ballet elements and materials from the popular Nutcracker ballet. Located in the main foyer of the Hong Kong Cultural Centre, this innovative piece will blend the elegance of ballet with a powerful sustainability message through upcycling practices. Incorporating costumes, props and sets from The Nutcracker, the installation will celebrate the beauty of artistic expression and highlight the importance of environmental awareness. Every element will symbolise the harmony between nature and artistry, prompting viewers to contemplate their connection to the environment.

Third Paradise Flash Mob

A Third Paradise-themed flash mob will take place in Hong Kong on 18 November in CityUHK. This flash mob will present the complete form of the Third Paradise in a performing arts format, creating a surprise showcase integrating music, art and sustainability.


Bringing Together Hong Kong (China) and Italian Design Power

The FASHION TO RECONNECT Fashion Exhibition Creates an Immersive Journey of Sustainable Aesthetics

The FASHION TO RECONNECT fashion exhibition will be held from 25 November to 24 December at ArtisTree in Taikoo Place. Created by Fondazione Pistoletto Cittadellarte and curated by Tiziano Guardini in collaboration with GuardiniCiuffredaStudio, it features sustainable fashion pieces from Italy, selected by Fondazione Pistoletto Cittadellarte in partnership with Camera Nazionale della Moda Italiana. The exhibition showcases the diversity of Italian fashion, featuring 15 established brands, emerging designers and outstanding artisan businesses. For the first time, the exhibition will also include shoes with a curated selection from archives. There will also be a special section highlighting the creative works of 9 Hong Kong-based designers, demonstrating how sustainability is at the core in the Asian context as well.

FASHION TO RECONNECT Fashion Exhibition
Date: 25 November – 24 December
Time:
Monday to Friday (12:00 – 20:00)
Saturdays, Sundays and Public Holidays (11:00 – 20:00)
Venue: ArtisTree, Taikoo Place

FASHION TO RECONNECT Exhibition Pop-Up
Date: 26 November – 9 December
Time: Open all day
Venue: 1/F Lobby, Devon House, Taikoo Place (Outside ArtisTree)

Symposium, Roundtable and Seminars

Discussing Strategies for Cultural Exchange between East and West in the Creative Industries

To foster deeper industry dialogue, FASHION TO RECONNECT will host a symposium, a roundtable and 2 seminars on fashion and art at Soho House in Sheung Wan on 27 and 28 November. These events will bring together scholars, designers, industry leaders and business representatives from Hong Kong (China), Italy and around the world. They will focus on key topics in sustainable fashion, cultural heritage, and cross-sectorial collaborations.

FASHION TO RECONNECT 1-Day Symposium
Date: 27 November
Time: 09:00 – 19:00
Venue: Soho House
FASHION TO RECONNECT Roundtable & Seminars
Date: 28 November
Time: 09:00 – 16:00
Venue: Soho House

Hashtag: #FASHIONTORECONNECT #CLASSofCityUHK

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

About The College of Liberal Arts and Social Sciences at City University of Hong Kong

The College of Liberal Arts and Social Sciences (CLASS) at City University of Hong Kong (CityUHK) is a vibrant hub for multi-sectoral collaboration and impactful research, dedicated to advancing knowledge and addressing the challenges of a rapidly changing world. With a focus on fostering intellectual curiosity, innovation and critical thinking, CLASS includes 7 different departments offering diverse programmes in humanities and social sciences and preparing talents for different sectors, including the creative and cultural industries. The College is also committed to helping students become globally-minded leaders and innovators. Through its strong emphasis on interdisciplinary collaboration, international engagement, and experiential learning, CLASS plays a pivotal role in nurturing future leaders in Hong Kong, the Greater Bay Area, and beyond.

Zhou Liu Fu Drives “Gold Fever”: Double 11 Sales Reached RMB287 million, Southeast Asia Expansion Marks Global Push

By
Advertorial Desk
-
SINGAPORE – Media OutReach Newswire – 13 November 2025 – Zhou Liu Fu Jewellery Co., Ltd. (Stock Code: 6168) ignited online “gold fever” during the recently concluded Double 11 shopping festival, with total shipment value across e-commerce platforms, excluding Vipshop and JD.com’s self-operated channels, reaching RMB287 million, representing an increase of over 35% compared to last year’s Double 11, hitting a record high. On Tmall stores, popular products recorded sales ranging from hundreds to over thousand pieces, with multiple products selling over ten thousand pieces.

The Group’s e-commerce business demonstrated robust performance in the first ten months of this year, with revenue recording a year-on-year growth of 32%, net profit surging by 71%, and net profit margin exceeding 8% for the same period. Under China’s new gold tax policy, the Group’s Double 11 sales still showcased formidable strength, leaving no doubt about the Group’s brand influence, risk resilience, and profitability.

Since its establishment in 2004, Zhou Liu Fu has grown into a leading enterprise in China’s jewellery industry, operating 4,000 offline stores nationwide with a sales network covering the entire country. The Company listed on the Main Board of The Stock Exchange of Hong Kong in June this year. Since listing, its share price performance has been highly impressive, having more than doubled from the offer price, with its current market capitalization surpassing HKD 20 billion, becoming a focal point of industry attention.

In the fiercely competitive and aging traditional domestic jewellery market, the Group has risen to prominence through its forward-thinking management philosophy and becoming a pioneer in the youth-oriented gold jewellery trend. Following its Hong Kong listing, the Group needs to maintain rapid growth and expansion, thus giving rise to three driving forces—the cooperative partnership model, e-commerce growth, and overseas expansion—jointly propelling operating revenue to new heights.

Double 11 Sales Reach New Heights with Online-Offline Dual-Track Development

The Group’s classic flagship brand “Zhou Liu Fu”, together with emerging sub-brands “CHAOJIN” and “FENS”, commands a massive customer base domestically, particularly among young female consumers. Through brand differentiation, diversified product strategies, market positioning advantages, a nationwide network of 4,000 offline franchise and self-operated stores, and growth in online e-commerce platforms, the Group possesses powerful brand influence domestically, leading the youth-oriented trend in domestic gold jewellery.

The Group recently introduced the launch of an innovative operational cooperation model – CHAOJIN cooperative partnership stores, establishing joint venture entities with high-quality franchisees through 51% to 49% equity participation. Under this partnership model, the Group’s online traffic and brand advantages complement franchisees’ offline localized operational strengths, while the management model similar to subsidiaries enhances decision-making and execution efficiency, laying the foundation for large-scale replication. Additionally, the Group’s 51% equity allows cooperative partnership store revenue to be consolidated into the Company’s financial statements, directly increasing revenue and enhancing the Group’s attractiveness in the capital market. This new model is expected to become a new profit growth engine for the Group, accelerating offline store expansion while driving per-store revenue growth and boosting overall Group performance.

On the other hand, Zhou Liu Fu’s online channels have experienced explosive growth. Through precision marketing and product innovation, the Group achieved substantial increases in online sales, injecting strong momentum into full-year performance growth while playing a significant role in customer acquisition and empowerment for offline cooperative partnership stores. The recently concluded Double 11 particularly showcased Zhou Liu Fu’s formidable brand strength with outstanding sales performance, successfully capitalizing on the golden opportunity of online consumption. Zhou Liu Fu’s strategic positioning of online-offline collaborative development has not only expanded brand influence but also opened up entirely new growth horizons for the Group.

“Going Global” Strategy Advances Steadily with Exponential Performance Growth on Horizon

Overseas markets represent another key focus area for Zhou Liu Fu post-listing. The Hong Kong and Macau markets serve as bridgeheads for the Group’s international strategic expansion, with plans to open 10 offline stores in 2025, expanding to approximately 20 stores in 2026. The Group is simultaneously establishing stores across Southeast Asian regions including Thailand, Cambodia, Vietnam, and Malaysia, with plans to enter Singapore, Australia, and New Zealand markets next. Overseas stores will adopt the successful domestic “franchise and cooperative partnership” model to rapidly penetrate international markets, with plans to expand to over 200 physical stores in the next three years.

Hashtag: #ZhouLiuFu

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

International Relay Swim Event Around Hong Kong Island Returns to Help Thousands Learn to Swim

By
Advertorial Desk
-

HONG KONG, Nov. 13, 2025 /PRNewswire/ — On Thursday, November 27th, 30 swimmers in five teams will brave the elements to relay swim 45 kilometers around Hong Kong Island. This remarkable event, Make Waves for Hong Kong, aims to raise HK$3.5 million to provide learn to swim lessons for thousands of adults and children from disadvantaged backgrounds. Organised for the third consecutive year by charity, Splash Foundation, the event highlights a commitment to ensuring that everyone has the opportunity to learn to swim and enjoy the benefits of being in the water.

The 45 km relay swim begins at Sandy Bay and circumnavigates clockwise around Hong Kong Island.
The 45 km relay swim begins at Sandy Bay and circumnavigates clockwise around Hong Kong Island.

Four Hong Kong teams will be vying for position alongside a Singapore team. The swimmers represent diverse backgrounds and swim levels, united by their motivation to share the joy of swimming with others.

Amongst the Hong Kong teams are Ryan Leung, the first Hong Konger to conquer the North Channel – one of the world’s toughest swims; Janis Mok, Outreach and Strategic Partnerships Manager of the Swire Institute of Marine Science, the University of Hong Kong’s research facility at Hong Kong’s only marine reserve; and Vada Chung, Founder of Whiskers N Paws, who began open water swimming just two years ago.

Nearly Half of Hong Kong is Unable to Swim
Despite having the longest coastline of any city and an abundance of swimming pools, around half of Hong Kongers, mostly women and children from low-income communities, are unable to swim. The beneficiary of the event, Splash Foundation is a charity dedicated to improving access to swimming for disadvantaged children and adults. Their programmes are free-of-cost to learners across the city and see an 80% success rate at the end of 20 hours of instruction.

Learning to Swim for Individual and Community Wellbeing
Ryan Leung, Senior US Consultant at True North Education, is looking forward to swimming in his home city, “In the most challenging parts of my North Channel swim, the only way I could keep going was by adopting a mindset to focus on what I can control and accept what I couldn’t. Swimming Make Waves and expanding access to learning to swim means giving Hong Kong disadvantaged youth this tool to navigate the immense pressures they’re often under, build resilience and learn that they can achieve what may seem impossible at first.”

Janis Mok‘s career change from the finance sector into marine conservation is closely tied to her journey into open water swimming. “In Hong Kong, we have a pronounced terrestrial bias; what we don’t see, we don’t care about. I grew up as a competitive swimmer, primarily in pools, until I finally took the chance to embrace what I didn’t know. Hong Kong’s waters have been improving and become clearer and cleaner due to measures taken by the government in early 2010s. To continue this progress, Hong Kong needs to learn to swim, learn to love the water, and see for themselves all that is worth saving.”

Vada Chung, “I never realised that just a swimsuit, goggles and a swim cap could bring so much joy. I want others to discover that same joy which is why I’m swimming Make Waves. When I first swam out of the shark nets 2 years ago, I experienced something truly transformative – it was both exhilarating and strangely grounding at the same time. The swim connected my mind and breath to nature. Everything came together and I was hooked. I’m excited to help more people experience the joy swimming has given me.”

Lasting Impact
Make Waves for Hong Kong funds nearly half of Splash Foundation’s annual learn to swim programmes, enabling thousands of kids and adults from disadvantaged communities to experience the transformative impact of learning to swim and to enjoy lifelong access to the water.

‘Make Waves for Hong Kong‘ is scheduled to start in the early morning hours of Thursday November 27th from Sandy Bay, near Cyberport, on the south side of Hong Kong Island. 30 swimmers in five teams will swim continuously for 11-13 hours.

Make Waves for Hong Kong 2025  is made possible by the generous support of sponsors, including Simpson Marine, Kiri Capital, Saint Honore, Henderson Land and the Lee Shau Kee Foundation.

Quotes from Sponsors:

  • Simpson Marine: “We have been supporting Splash for the past nine years, providing safety and support vessels with crews, and around-the-clock strategic, logistical and safety assistance for the fundraiser swims”, says Ewa Stachurska, Chief Marketing and Sustainability Officer at Simpson Marine. “As committed ocean enthusiasts, we’re committed to water safety and to give more people the opportunity to enjoy the water with joy and confidence”
  • Kiri Capital: “This is a truly unique international event and we’re delighted to see it capture so much attention year after year.” says Katherine Chan, Head of the Engage Program, Kiri Capital, “It is for a fantastic cause to ensure more Hong Kongers have the opportunity to gain the life skill of swimming”
  • Saint Honore: “We are thrilled to support the Splash Foundation’s ‘Make Waves for Hong Kong‘ swim around Hong Kong Island. Let’s celebrate our amazing city together.” says Michael Tang, Chief Executive Officer of Convenience Retail Asia Limited. “By promoting swim literacy, we’re paving the way for a brighter, safer, and healthier future for all Hong Kongers.”
  • Henderson Land and the Lee Shau Kee Foundation: “We are dedicated to supporting sports as a powerful way of advancing the well-being of society, promoting health, and fostering personal growth. We are pleased to once again partner with Splash Foundation for ‘Make Waves for Hong Kong‘” says Cynthia Leung, Chief Communications Officer at Henderson Land. “Driven by a shared vision to create meaningful impact within the community, this initiative perfectly aligns with our commitment to empowering individuals and encouraging active, healthy lifestyles throughout the city.”

The Event
Make Waves for Hong Kong is a 45 km multi-relay swim around Hong Kong Island taking place on Friday 8 November, with 5 teams, composed of 30 elite swimmers and business leaders.

  • The annual event builds awareness around the city’s historically low swim literacy rates, where nearly half the population is unable to swim
  • The teams aim to raise HK$3.5million for Splash Foundation to help thousands of disadvantaged children and adults experience the transformative impact of learning to swim.
  • The swim will start in the early hours of Friday morning and is expected to take around 10-13 hours to complete
  • Relayers will take turns swimming in 30 minute intervals, braving the elements and changing sea conditions.
  • See event page: www.splashfoundation.org/makewaves.

About Splash Foundation:
Splash Foundation creates opportunities for kids and adults from disadvantaged communities to experience the transformative impact of learning to swim and enjoy lifelong access to the water. Through teacher training, programme delivery and public advocacy, Splash improves access to the water and enables thousands of people to learn a life skill that keeps them safe and improves their physical, mental and social wellbeing. Programmes are delivered in Hong Kong SAR and Singapore and beneficiaries include migrant domestic workers and other ethnic minority groups, kids and parents from low income communities, and kids with special educational needs. By 2030, Splash Foundation aims to teach 25,000 people how to swim.

Key facts

  • Despite having the longest coastline of any city and an abundance of swimming pools, 47% of Hong Kong secondary school students cannot swim (source)
  • More than half of people worldwide cannot swim, and women account for most of them: 2 out of 3 women cannot swim (source).
  • After Splash programmes, 95% of participants shared that they are comfortable going to public pools to swim or to practise their swimming. (source: Splash Foundation)

2025 Make Waves Swimmers (See full team list: webpage)
Make Waves for Hong Kong – previous event photos (Google Drive: Photos)

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