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Neuberger Berman Market Insight: Why We Believe China Matters for Markets

HONG KONG SAR – Media OutReach – 21 October 2022 – As China’s leaders look to wrap up the 20th Communist Party Congress this weekend, Conrad Saldanha, CFA, Senior Portfolio Manager, Emerging Markets Equity of Neuberger Berman, thought it a good time to reflect on what world’s second-largest economy could portend for investors. Saldanha explains in the latest insight that China’s policy outlook may create attractive opportunities for both equity and fixed income investors.

While China’s sheer size and growth potential make it too big to ignore, many investors have myopically shed Hong Kong and ADR listed shares.

Saldanha recently discussed various aspects of China’s starring role on the global stage with his colleagues Peter Ru, China Fixed Income; Meng Ning, Emerging Market Equities; and Charles Nguyen, Managing Director, Public Equities ESG Investing.

The Macroeconomic Picture

Looser monetary policy and stimulus initiatives have helped China chart solid post-COVID-19 recovery with modest inflation. Going forward, Neuberger Berman believes the containment of COVID, a mix of technological innovation and focus on social equality will continue to drive broad economic growth.

On Fixed Income

“We believe China’s focus on ‘higher-quality’, sustainable economic growth will make the market more attractive in the long-run,” says Ru. “We also believe China’s interest rate is on a long-term downtrend, which could create attractive opportunities for fixed-income investors.”

On China A-Shares

Despite China’s efforts to make access to onshore markets more efficient, most global investors are underexposed: Though the Chinese economy represents approximately 18% of global GDP[1], the China A-share market only comprises 1% of the global MSCI ACWI index[2]. Over time Neuberger Berman expects China’s weight in global portfolios to expand as the country’s financial markets continue to develop. “While A-shares have declined, we believe valuations are attractive and they are poised for a rebound as Chinese growth recovers,” says Ning. Efforts in seeking to achieve carbon neutrality and energy reform has the potential to create additional investment opportunities given China’s leading position in wind and solar components and materials.

On the Climate Transition

“China is a global leader in the renewable power industry and has established clear policy commitment in support of climate transition and the protection of natural capital,” says Nguyen. “Significant growth potential in the Chinese green bond market is encouraging, too.”

On Portfolio Allocation

Overall, Neuberger Berman believes China’s massive economic influence (it’s expected to contribute 30%* of the world’s growth next year), ongoing capital-market reforms, and lower correlation to other developed markets make it an ideal market for global investors to diversify their portfolios.


[1] World Bank, as of December 31, 2021

[2] MSCI, as of December 31, 2020

Hashtag: #NeubergerBerman

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

About NB Blog

encompasses thoughts from our investment professionals on the evolving state of global markets and the macro economy.

About Neuberger Berman

Neuberger Berman, founded in 1939, is a private, independent, employee-owned investment manager. The firm manages a range of strategies—including equity, fixed income, quantitative and multi-asset class, private equity, real estate and hedge funds—on behalf of institutions, advisors and individual investors globally. With offices in 26 countries, Neuberger Berman’s diverse team has over 2,600 professionals. For eight consecutive years, the company has been named first or second in Pensions & Investments survey (among those with 1,000 employees or more). Neuberger Berman is a PRI Leader, a designation, since last assessed, that was awarded to fewer than 1% of investment firms for excellence in Environmental, Social and Governance (ESG) practices. In the 2021 PRI Assessment, the firm obtained the highest possible scoring for its overarching approach to ESG investment and stewardship, and integration across asset classes. The firm manages $408 billion in client assets as of September 30, 2022. For more information, please visit our website at .

All information is as of September 30, 2022 unless otherwise indicated and is subject to change without notice. Firm data, including employee and assets under management figures, reflects collective data for the various affiliated investment advisers that are subsidiaries of Neuberger Berman Group LLC. Firm history/timeline includes the history of all firm subsidiaries, including predecessor entities and acquisitions.

This material is being issued on a limited basis through various global subsidiaries and affiliates of Neuberger Berman Group LLC. Please visit for the specific entities and jurisdictional limitations and restrictions.

The “Neuberger Berman” name and logo are registered service marks of Neuberger Berman Group LLC.

© 2022 Neuberger Berman Group BD LLC. All rights reserved.

Nespresso Launches New Sustainability Concept – RE:FARM in Partnership with K11 Musea and Common Farms

HONG KONG SAR – Media OutReach – 21 October 2022 – Nespresso is proud to present RE:FARM, a limited-time, experiential showcase that highlights the full circular journey of coffee – from capsule to cup to the dining table – all under one roof. RE:FARM will run from September 2022 to June 2023 and consumers can personally see, touch, and taste the results of the Nespresso‘s sustainability efforts. The program is the result of a partnership between Nespresso, K11 and Common Farms, a local indoor agri-tech farm, and is aligned with the sustainability initiatives of parent group Nestlé SA and its commitment to unlock the power of food to enhance quality of life for everyone, today and for generations to come.

Nespresso-REFARM2.jpg

Nespresso has always done things a certain way. Not the easiest way, not the quickest. But the right way. Since its inception over 30 years ago, Nespresso has remained steadfastly committed to making a difference in the world, and sustainability has become a crucial component of its business today. By embedding transformative actions throughout its value chain, such as regenerative agriculture, eco-design, recycling, and circularity, Nespresso strives to bring positive impact to all its stakeholders, from farmers and business partners to consumers. In 2022, Nespresso was certified as a B Corp and joined a global movement of companies doing business responsibly and transparently while maintaining high sustainability standards.

Capsule-Recycling.jpg

From Capsule to Cup to Table (and back!) – A Circular Journey

At RE:FARM, visitors have a unique opportunity to witness Nespresso‘s sustainable circular system in action. An on-site recycler separates coffee capsules from the coffee grounds and recycles the aluminum to make second life products. Meanwhile, Nespresso‘s composter turns spent coffee grounds into rich nutrients that will be used to bring life to new produce. Composted coffee grounds serve as an excellent fertilizer and offer numerous benefits in farming, such as improved soil drainage, water retention, and aeration. They also acidify the soil, acting as a natural repellent that deters pests from damaging crops. RE:FARM uses this compost to grow a variety of herbs, microgreens, and edible flowers within self-contained farming units, which are later harvested and sent to selected Nespresso partner restaurants in K11 MUSEA and Rosewood Hong Kong, including Asaya Kitchen, Chaat, Deng G, Yung’s Bistro, and other dining establishments that will be joining the project over its nine-month run. As part of the RE:FARM experience, customers are invited to savor the products of Nespresso‘s circular journey through delicious microgreens and herbs harvested from RE:FARM in specially designed menus available at participating restaurants.

Through a journey that sees resources travel from farm to capsule to cup, and back to the farm, Nespresso‘s own circular economy aims to transform the “take-make-waste” model into a sustainable system that maintains value and minimizes waste.

Nespresso hopes to leave visitors with a new understanding and appreciation for circularity through RE:FARM, where end-of-life materials are reimagined and reused as resources rather than waste. In promoting restoration and regeneration, Nespresso continues to hold fast to its commitment to create long-term, positive impact in the world.

Coffee as a Force for Good

Nespresso‘s sustainability journey continues to evolve in new and innovative ways. Through inspiring initiatives such as RE:FARM and an unwavering determination to continuously maximize its positive impact, the company remains committed to caring for communities, the climate, and circularity with the same dedication and passion that goes into every cup of Nespresso coffee. Because it is the right thing to do.

Located adjacent to Nespresso‘s existing K11 MUSEA store, RE:FARM will be open from September 2022 to June 2023. For further details and workshop reservations, please visit the RE:FARM website.

Visit Nespresso RE:FARM at Unit 30, B201, Taste Chamber, B2, K11 MUSEA

Hashtag: #NespressoHK #Bcorp #NespressoREFARM

About Nestlé Nespresso SA

Nestlé Nespresso SA is the pioneer and reference for highest-quality portioned coffee. The company works with more than 120,000 farmers in 15 countries through its AAA Sustainable Quality™ Program to embed sustainability practices on farms and the surrounding landscapes. Launched in 2003 in collaboration with the NGO Rainforest Alliance and later joined by Fairtrade International, the program helps to improve the yield and quality of harvests, ensuring a sustainable supply of high-quality coffee and improving livelihoods of farmers and their communities. Headquartered in Lausanne, Switzerland, Nespresso operates in 84 countries and has over 14,250 employees. In 2019, it operated a global retail network of 810 boutiques. For more information, visit the Nespresso corporate website:

About the Nespresso Recycling Programme

Nespresso capsules are made of aluminium which is the best material to protect the freshness and quality of our coffee. Importantly, aluminum is an infinitely recyclable material. We encourage our Members to participate in recycling their used capsules either by bringing them back to our Boutiques in Hong Kong, or through the Recycling@Home initiative, give those used Nespresso capsules to your deliveryman.

Once collected, used Nespresso capsules are taken to a local plant where the aluminium is separated from the coffee residue. The shredded aluminium is sent to a scrap metal collector for further re-melting into recycled aluminium, while the Nespresso coffee grounds separated from the aluminium capsules are sent to a local farm in the New Territories for further processing into farm compost.

About B Corp

B Corp is a community of companies that commit to have a positive impact on the world – for the environment, the people who work for their businesses and in their supply chains, and for the communities where they operate. The B Corp certification process is incredibly rigorous, demanding the highest standards of verified social and environmental performance, public transparency, and legal accountability to balance purpose and profit.

About Common Farms

Common Farms is Hong Kong’s first soil-based indoor farm, growing remarkable specialty chemical-free and nutrient-dense produce. The Common Farms team is driven by a passion to transform our local food system through clean, efficient and sustainable farming practices, whilst reducing Hong Kong’s high dependency on food imports and unnecessary waste.

About K11 MUSEA

K11 reveals the interactive cycle of – Art, People, Nature, as the door to a way of living that future generations can enjoy as much quality of life as we do today – working together for a better tomorrow. The flagship destination, K11 MUSEA, ushers in a new era of cultural retail, enriching consumer’s daily lives through the power of creativity, culture and innovation.

Nespresso in Hong Kong:

Nespresso ifc mall Boutique
Shop 1058A, Level 1, ifc Mall, Central, Hong Kong

Nespresso Festival Walk Boutique
Shop LG2-70, Festival Walk, Kowloon Tong, Kowloon, Hong Kong

Nespresso YOHO Mall Boutique
Shop 1056, Level 1, YOHO Mall I, Yuen Long, New Territories, Hong Kong

Nespresso K11 MUSEA Boutique
Unit 31 & 32, Shop No. B201, Basement 2, K11 MUSEA, Victoria Dockside, Tsim Sha Tsui, Kowloon, Hong Kong

Nespresso APM Boutique
Shop UC-20, APM, Kwun Tong, Kowloon, Hong Kong

Nespresso Element Boutique
Shop 1089B, 1 Austin Rd W, Tsim Sha Tsui

Nespresso SOGO Point of Sale
SOGO Causeway Bay 10/F

Nespresso New Town Plaza Point of Sale
New Town Plaza 1, Level 2 city’super

Nespresso J SELECT PopCorn Point of Sale
J SELECT PopCorn, Shop F56-59, PopCorn, Tseung Kwan O

IG: nespresso.hk
FB: Nespresso.hk
Spotify: Nespresso

Vientiane Province Starts Repair Work on Kasy to Vang Vieng Roads

Kasy-Vang Vieng road.

The Department of Public Works and Transport in Vientiane province is currently repairing the roads between Kasy to Vang Veing, and they expect to complete the work in three months.

AAX Unveiled as a Gold Sponsor of Vietnam Blockchain Summit 2022

AAX, a global digital asset exchange, will participate in the Vietnam Blockchain Summit (VBS) 2022, the largest blockchain event in Vietnam to date, as a Gold Sponsor on 19-20 October.

  • AAX to launch FIFA World Cup Qatar 2022 Campaign
  • AAX recognized by CryptoCompare as the second-largest exchange in terms of spot and trade volume, with a value of $57 billion+

HANOI, VIETNAM – Media OutReach – 21 October 2022 – AAX, a global digital asset exchange, will participate in the Vietnam Blockchain Summit (VBS) 2022, the largest blockchain event in Vietnam to date, as a Gold Sponsor on 19-20 October. The event brings major industry and government leaders together with high-profile blockchain experts for conversations about global digital assets adoption.

AAX’s VP and Head of Research & Strategy, Ben Caselin, will deliver a keynote speech at the conference, discussing the future of online trading and how mass adoption is most likely to advance while highlighting the rapid growth experienced within the digital assets sector. The key to AAX’s mission is a recognition of the important impact digital assets have on the global economy, a dedication to their innovation, and a commitment to elevating grassroots adoption in emerging markets.

Timothy Wong, Head of AAX Impact Lab, will also share insights in a separate panel discussion that explores Web3 development against a backdrop of declining crypto valuations.

As a Golden Sponsor of the 2-day conference, AAX aims to highlight the importance of digital assets to Vietnam, support the digital asset ecosystem in the country, and demonstrate the enduring potential of the asset class to transform economies and communities across Asia and the world. According to a 2021 study carried out by Statista, Vietnam ranks second among the top 10 unbanked nations and many in the country have limited access to standard financial services and modern banking services. Digital assets are critical in filling this gap in emerging markets, particularly in Vietnam.

“Many industry observers may have overlooked how critical emerging markets are to integrating digital assets into the global economy,” says Caselin. He elaborates:

“When thinking of emerging markets, there is a tendency among the world’s largest financial firms to view these high-potential markets as peripheral. That’s a bias; when it comes to the adoption of bitcoin and digital assets generally, these markets are not peripheral – instead, they are the primary sites of practical adoption.”

Chance to Win FIFA World Cup Qatar 2022 Tickets

To coincide with the summit and promote the participation of AAX, the company will be launching a FIFA World Cup campaign. Summit attendees will have an exclusive chance to win tickets to attend the FIFA World Cup Qatar 2022, to be played between the 20th of November and the 18th of December.

AAX Recognized as the Second-Largest Global Exchange

AAX continues to expand and grow rapidly, with a diversified Savings plan and APYs of up to 80% on certain digital assets. As a global exchange, AAX strives to facilitate the use of digital assets for building a fairer and more inclusive financial system. AAX was recently recognized and ranked by CryptoCompare as the exchange with the second-highest quarterly growth— in 2022 alone, it grew by 285% and its Q3 trade volume exceeded US$57.2 billion. CoinGecko also acknowledged AAX as one of the top 20 and most trusted cryptocurrency exchanges globally.

Hashtag: #AAX

About AAX

AAX is a top-tier digital assets exchange that caters to a global audience, with a vision of bringing the benefits of digital assets to everyone. Through an accessible range of products and by contributing to the conversation about digital assets and culture, we aim to empower the estimated 96% of people worldwide who do not yet own Bitcoin and other digital assets to build better and more inclusive economies.

Favored by more than three million users in over 160 countries, AAX is the first exchange to use the Satoshi Standard (SATS) to drive the adoption of Bitcoin. We are also the first to be powered by a world-class matching engine, offering high-yield savings packages, 200+ spot pairs, deeply liquid futures markets, regular discounts on major tokens, and a range of on-and off-ramp products.

Welcome to visit AAX official website for more information:

For the latest news, you can follow AAX social media platforms to learn more:







All-New Arlo Safe Provides Personal, Family And Car Safety With One-Tap Access To Emergency Response

Comprehensive Safety App and Safe Button Accessory Deliver 24/7 Access to Safety Experts and Emergency Personnel, Family Check-Ins, Automobile Crash Detection, and More

SINGAPORE – Media OutReach – 21 October 2022 – Arlo Technologies, Inc. (NYSE: ARLO), a leading smart home security brand, today announced Arlo Safe, an all-new personal safety app featuring one-tap, 24/7 Emergency Response, family safety, automatic crash detection and more. The Arlo Safe app is available now to download for free on iOS and Android US app stores.

For additional safety features, users can choose from three different monthly subscription plans starting at US$4.99 for individuals, US$9.99 for families, or the all-new Safe and Secure Pro plan, providing the best value for complete security at home and on-the-go for US$19.99.

Ideal for everyone from city dwellers walking home at night, to college students out with friends, teenagers walking to/from school, daily commuters, or even elderly family members, Arlo Safe is an all-encompassing 24/7 personal safety solution for ultimate peace of mind while on the go.

“With Arlo Safe, we’re leveraging Arlo’s award-winning expertise around smart home security and intuitive, easy-to-use design to deliver the most secure, comprehensive safety app that keeps pace with our modern, busy lives,” said Tim Johnston, SVP of Products at Arlo Technologies, Inc. “Features like 24/7 live agent emergency support, location sharing, family check-ins, and safety alerts provide on-the-go protection to keep you safe in a time of need.”

Standout features of the all-new Arlo Safe service include:

  • One-Touch Emergency Response – Access live safety experts 24/7 to rapidly send fire, police, or medical responders directly to the user’s exact location
  • Live agents speak directly with users and stay on the line until help arrives.
  • App provides first responders with critical details to help prepare for the emergency situation while they are in transit
  • Family Safety – Never miss a moment with the ability to know where opt-in family members have been, see their current location, or send help directly to them in an emergency situation
  • Send Check-In Requests to a family member or send help directly to them
  • Set up common places such as Home, Office, or School to receive notifications when family members leave or arrive, and get alerted when they travel outside of a designated area
  • Quickly send an SMS/text message to emergency contacts or send emergency services directly to a family member in need
  • Crash Detection and Response – Advanced impact detection expedites emergency response in the event of a vehicle accident by sharing appropriate location and medical information with first responders
  • Enable event audio and video recordings to share critical details with police following an incident
  • Coverage works in any vehicle, including rental cars, or when traveling with friends and family1

Working in tandem with the Arlo Safe app, the Arlo Safe Button can be used to alert safety experts and rapidly send emergency responders to the user’s location anytime, day or night. Small enough to discreetly fit in a hand, pocket, or on a keychain, the device uses Bluetooth to communicate with the Arlo Safe app on the user’s smartphone for quicker, more discreet access without having to reach for the phone. The Arlo Safe Button is available for US$29.99 MSRP at Arlo.com, or through Best Buy as part of the Safe Family Bundle, which includes two Arlo Safe Buttons and a one year subscription to the Arlo Safe Family plan for US$119.99. The Safe Button will soon be available through additional national retailers.

Arlo Safe subscription plans, which unlock added safety features, are available for purchase on Arlo.com. In addition, for a complete security experience that covers both personal safety and smart home protection, users can take advantage of the new Safe and Secure Pro plan. The subscription combines features of the Arlo Safe plan with those of Arlo Secure Plus, including 24/7 emergency response for direct dispatch of first responders to the camera’s location, smart notifications like package and people detection, and secure cloud recordings for convenient access from anywhere, anytime.

For more information about Arlo Safe, the full range of Arlo smart home security products and services, including Arlo Safe, visit www.Arlo.com.

1Arlo Safe requires permission of the driver

Hashtag: #Arlo

About Arlo Technologies, Inc.

Arlo is the award-winning, industry leader that is transforming the way people experience the connected lifestyle. Arlo’s deep expertise in product design, wireless connectivity, cloud infrastructure, and cutting-edge AI capabilities focuses on delivering a seamless, smart home experience for Arlo users that is easy to setup and interact with every day. The company’s cloud-based platform provides users with visibility, insight, and a powerful means to help protect and connect in real-time with the people and things that matter most, from any location with a Wi-Fi or a cellular connection. To date, Arlo has launched several categories of award-winning smart connected devices, software and services, including wire-free smart Wi-Fi and LTE-enabled security cameras, audio and video doorbells, a floodlight, the Arlo App and, Arlo Secure, an AI-based subscription service designed to maximize security through personalized notifications and emergency services for quicker help during a crisis.

With a mission to bring users peace of mind, Arlo is as passionate about protecting user privacy as it is about safeguarding homes and families. Arlo is committed to supporting industry standards for data protection designed to keep users’ personal information private and in their control. Arlo does not monetize personal data. Arlo provides enhanced controls for user data, supports privacy legislation, keeps user data safely secure, and puts security at the forefront of company culture.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:

This press release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. The words “anticipate,” “expect,” “believe,” “will,” “may,” “should,” “estimate,” “project,” “outlook,” “forecast” or other similar words are used to identify such forward-looking statements. However, the absence of these words does not mean that the statements are not forward-looking. The forward-looking statements represent Arlo Technologies, Inc.’s (the “Company”) expectations or beliefs concerning future events based on information available at the time such statements were made and include statements regarding Arlo cameras, Arlo video doorbells, Arlo Secure and future Arlo products. These statements are based on management’s current expectations and are subject to certain risks and uncertainties, including the following: future demand for the Company’s products may be lower than anticipated; consumers may choose not to adopt the Company’s new product offerings or adopt competing products; and product performance may be adversely affected by real world operating conditions. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. Therefore, actual outcomes and results may differ materially from what is expressed or forecast in such forward-looking statements. Further information on potential risk factors that could affect the Company and its business are detailed in the Company’s periodic filings with the Securities and Exchange Commission, including, but not limited to, those risks and uncertainties listed in the section entitled “Risk Factors” in the Company’s most recently filed Annual Report on Form 10-K and Quarterly Report on Form 10-Q filed with the Securities and exchange Commission (the “SEC”) and subsequent filings with the SEC. Given these circumstances, you should not place undue reliance on these forward-looking statements. Except as required by law, the Company undertakes no obligation to release publicly any revisions to any forward-looking statements contained herein to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

Hong Kong Design Centre Welcomes Chief Executive’s 2022 Policy Address and New Measures to Foster the Development of the Cultural and Creative Industries

HONG KONG SAR – Media OutReach – 20 October 2022 – Hong Kong Design Centre (HKDC) strongly supports the policies proposed in Chief Executive John Lee’s first Policy Address, in particular the government’s initiatives to foster the development of Hong Kong into an East-meets-West centre for international cultural exchange, in accordance with the 14th Five-Year Plan. In fulfilling this role, HKDC believes it would also be important to foster the development of the design industry and economy to build competitiveness and sustainable growth for Hong Kong as an international city.

As the Hong Kong SAR Government’s strategic partner in promoting design and design thinking to strengthen Hong Kong’s position as an international design hub, HKDC is most encouraged by the following four points which align with our strategic directions:

(i) Nurturing a diversified talent pool and promotion of STEAM education – HKDC believes design and design thinking should be integrated into primary and secondary education to nurture creativity among our youths, who are the foundation of Hong Kong’s future competitiveness. This calls for the introduction of design-dedicated subjects starting at the primary level, and promoting design education in tandem with the STEM curriculum. Thus, the government’s proposal to promote STEAM education is most encouraging. In addition, the development of design and design industries can also improve youth upward social mobility by providing more career prospects to young people.

(ii) Continuous upgrade of cultural infrastructure – With HKDC soon to be relocated to Sham Shui Po as a new creative landmark in 2024, HKDC believes Sham Shui Po could be developed into a Design and Creative District, using HKDC as a creative anchor to facilitate cultural exchanges and the development of the cultural industries. Design and creative districts are increasingly an integral part of major cities such as South Korea, Thailand, the UK, Finland and the Netherlands, and could reinforce the city’s role as an East-meets-West centre for international cultural exchange.

(iii) Enriching arts, cultural and creative content – It was proposed that a Mega Arts and Cultural Events Fund be set up to promote the staging of more international cultural events in Hong Kong. While international cultural events and exchanges are important, Hong Kong’s long-term competitiveness is more ensured by cultivating its own creative district and talent. HKDC proposes that this fund be used to support relevant activities in the Sham Shui Po Design and Creative District and attract youth participation, so that it can better capitalize on opportunities in the fastest growing sector (i.e. creative industries) of the global economy.

(iv) Promoting platforms for arts and cultural industries – Business of Design Week (BODW), HKDC’s annual flagship event since 2002, was mentioned among the globally acclaimed platforms for fostering the development of arts, cultural and creative industries. In addition to strengthening copyright trading activities to foster the growth of these industries, HKDC advocates the drawing up of a comprehensive blueprint for fostering the development of the Design Industry and Economy in Hong Kong. A design economy can also bring significant cultural values to Hong Kong, and become a main driver of economic and environmental values to the wider economy and community.

Prof. Eric Yim, Chairman of HKDC said, ‘We believe design and design thinking can play a crucial role in leveraging the creative and cultural industries to strengthen our city’s overall competitiveness, and create more value for different sectors of the economy. We will continue to work closely with partners such as the Hong Kong Trade Development Council, Brand Hong Kong, InvestHK and West Kowloon Cultural District to strengthen the creative industries and foster the continuous growth of the design economy.’

Hashtag: #HongKongDesignCentre #HKDC

About Hong Kong Design Centre

A non-governmental organisation registered in 2001 and established in 2002, Hong Kong Design Centre (HKDC) is a strategic partner of the HKSAR Government in establishing Hong Kong as an international centre of design excellence in Asia. Our public mission is to promote wider and strategic use of design and design thinking to create business value and improve societal well-being.

The year 2022 marks our 20th Anniversary, where we will celebrate with a series of activities under the theme ‘Design for Sustainable Community’. Learn more about us at .

Police in Bokeo Seize 3 Million Amphetamine Pills from a Pick-up Truck

A pile of drugs seized by Bokeo Police on Saturday. Photo Credit: Lao Security News

Authorities in Bokeo’s Tonphueng district confiscated 3 million amphetamine pills from a pick-up truck parked on the roadside on Saturday.

Sunlight Real Estate Investment Trust (“Sunlight REIT”) attains a Two-Star Rating in the 2022 GRESB Real Estate Assessment

HONG KONG SAR – Media OutReach – 20 October 2022 – Henderson Sunlight Asset Management Limited (the “Manager“) is pleased to announce that Sunlight REIT has been awarded a two-star rating in the 2022 GRESB Real Estate Assessment, a globally recognized environmental, social and governance (“ESG“) framework in the real estate sector. This achievement attests to the Manager’s dedicated commitment to integrating sustainability criteria into the business of Sunlight REIT.

Mr. Wu Shiu Kee, Keith, Chief Executive Officer of the Manager, said, “We are honoured to receive a two-star rating for our first GRESB Real Estate Assessment. This important milestone reflects our dedication and capability to advance sustainability through blending ESG considerations into the management and operations of our properties. Echoing the theme of our latest annual report, “Crafting A Brighter Future“, we will continue to extend good practices on multiple ESG fronts, notably including the crafting of a greener portfolio and a more sustainable environment at our workplace and shopping destinations. In this regard, it is my pleasure to unveil “Care and Conserve“, the guiding theme of our ongoing renovation at Metro City Phase I Property, which upon completion will provide a refreshing and eco-friendly experience for our customers and stakeholders.”

GRESB Assessments are investor-driven with the objectives of assessing and benchmarking ESG performance of real estate portfolios and assets and providing standardized and validated ESG data to the capital markets. The 2022 GRESB ESG benchmark covers more than 1,820 property companies, real estate investment trusts, funds and developers, translating to an asset coverage of USD6.9 trillion spanning across 74 countries.

Hashtag: #SunlightREIT

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

About Sunlight REIT

Listed on The Stock Exchange of Hong Kong Limited since 21 December 2006, Sunlight REIT (stock code: 435) is a real estate investment trust authorized by the Securities and Futures Commission, and constituted by the amended and restated trust deed dated 10 May 2021 (the “Trust Deed“). It offers investors the opportunity to invest in a diversified portfolio of 11 office and five retail properties in Hong Kong with a total gross rentable area of over 1.2 million sq. ft.. The office properties are located in both core and decentralized business areas, while the retail properties are situated in regional transportation hubs, new towns and urban areas with high population density.

About the Manager

The Manager of Sunlight REIT is an indirect wholly-owned subsidiary of Henderson Land Development Company Limited. Its main responsibility is to manage Sunlight REIT and all of its assets in accordance with the Trust Deed in the sole interest of its unitholders.