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Rescuers in Vietnam Race Against Time to Save 10-Year-Old Boy

Rescuers are racing against time to save a ten-year-old boy who fell into a 35-meter-deep hole at a bridge construction site in Vietnam's Dong Thap province on 1 January.
Rescuers are racing against time to save a ten-year-old boy who fell into a 35-meter-deep hole at a bridge construction site in Vietnam's Dong Thap province on 1 January.

Rescuers are racing against time to save a ten-year-old boy who fell into a 35-meter-deep hole at a bridge construction site in Vietnam’s Dong Thap province on 1 January.

Laos is One of CNN’s Best Destinations to Visit in 2023

The spectacular Kouang Si Falls in Luang Prabang.

After highlighting Pakse as one of Asia’s most underrated places in December, CNN has yet again shed a spotlight on Laos as one of the best places one should visit in 2023. 

ChainUp Group announces appointment of Deputy Chief Executive Officer cum Chief Operating Officer to accelerate business growth

SINGAPORE – News Direct – 3 January 2023 – Global blockchain technology solutions provider ChainUp Group announced today the appointment of Ms. Tan Bin Ru as its Deputy Chief Executive Officer cum Chief Operating Officer, effective 3 January 2023, as part of the company’s business growth plan. In this role, Ms. Tan will work closely with the executive team to lead various key operations within the organization.

Prior to this appointment, Ms. Tan was the CEO (International) of OneConnect Financial Technology, an associate company of Ping An Group providing technology-as-a-service for financial institutions. In her role, she was responsible for expanding OneConnect’s fintech solutions outside of China.

A Singaporean technologist veteran, Ms. Tan has over 25 years of experience driving sales and business strategies in both MNCs and start-ups. She is also the Chairwoman of Blockchain Association Singapore.

Mr. Ooi Sang Kuang, Chairman of the Board of ChainUp Group commented, “We are delighted to welcome Bin Ru into the ChainUp Group. She will strengthen the management team, reinforce our governance framework, provide strategic guidance to ChainUp’s business strategy and strengthen overall risk management. Bin Ru’s broad experience and success in leading teams in the technology and fintech sectors will catalyze ChainUp’s next phase of growth as a key technology provider for various blockchain related solutions and applications.”

Mr. Sailor Zhong, Founder & Chief Executive Officer of ChainUp Group commented, “As we enter into our next phase of growth, we are pleased to have Bin Ru onboard with us. I believe that with her remarkable experience and strong business acumen, she will be a great addition to the management team as we scale up our business in Singapore and beyond.”

Ms. Tan Bin Ru, Deputy Chief Executive Officer cum Chief Operating Officer of ChainUp Group commented, “The potential of blockchain technology is tremendous. I am impressed with what ChainUp had achieved over the past five years and excited to join the family. There are immense opportunities for regulated financial institutions to embrace Web3 and its connected ecosystem to expand its reach beyond traditional touchpoints and platforms.”

Contact Details

ChainUp Group
Media Team
pressrelease@chainup.com

Hashtag: #ChainUpGroup

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

About ChainUp Group

Founded in 2017, ChainUp is a leading end-to-end blockchain technology solutions provider covering infrastructure development and ecosystem support. Built on the mission to empower businesses through blockchain technology, ChainUp’s innovative and all-around compliant solutions include digital asset exchange systems, NFT trading systems, wallet solutions, liquidity solutions, and digital assets custody and management. Headquartered in Singapore and with offices around the world, the company has served more than 1,000 clients in 30 countries, reaching over 60 million end-users.

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

Spackman Media Group Artist Son Suk-Ku Wins JTBC Grand Prize At The 2022 TV Drama Acting Awards In Korea 

  • Spackman Media Group artist Son Suk-ku received the JTBC Grand Prize at the 2022 TV Drama Acting Awards held by Good Data Corporation in Korea on December 31, 2022
  • Award underscores the star power and popularity of Son Suk-ku, whose latest hit drama, BIG BET, ranked first in the Top 10 TV Shows on Disney+ Korea as of January 1, 2022
  • Looking ahead, Son Suk-ku is set to star in two upcoming highly anticipated Netflix original K-dramas, D.P. SEASON 2 and MURDEROUS TOY.

SINGAPORE – Media OutReach – 2 January 2023 – Spackman Entertainment Group Limited (the “Group“), one of Korea’s leading entertainment production groups founded in 2011 by media & technology investor Charles Spackman, wishes to announce that Son Suk-ku of the Group’s associated company, Spackman Media Group Limited (“Spackman Media Group“), was awarded the JTBC Grand Prize at the 2022 TV Drama Acting Awards held by Good Data Corporation in Korea on December 31, 2022.

Good Data Corporation is an online competitive analysis agency for K-content in Korea. The 2022 TV Drama Acting Awards is based on the results of aggregating the weekly ranking points of every actor who appeared in the 119 dramas that aired from January 1, 2022 to December 24, 2022, for each major broadcasting station. The ranking points were derived from drama-related information generated on social media and netizens’ reactions to the drama.

The JTBC Grand Prize received by Spackman Media Group artist Son Suk-ku serves as a testament to his star power and popularity in Korea. His latest hit drama, BIG BET, ranked in the Top 10 TV Shows on Disney+ Korea as of January 1, 2022.[1]

BIG BET is an 8-episode drama series, which premiered exclusively on Disney+ on December 21, 2022, and airs every Wednesday. Headlined by Spackman Media Group artist Son Suk-ku, Choi Min Shik, Heo Sung Tae, Kim Joo Ryung, Lee Dong Hwi and Jo Jae Yoon, it relates the eventful life of a man who gains success through the casino industry.

Directed by Kang Yoon Sung of the 2017 box office hit THE OUTLAWS, which was co-presented and distributed by the Group’s subsidiary, Novus Mediacorp Co., Ltd., BIG BET was produced by BA Entertainment, C-Jes Entertainment and Arc Media.

Looking ahead, Son Suk-ku is set to star in two upcoming highly anticipated Netflix original K-dramas, D.P. SEASON 2 and MURDEROUS TOY. He is represented by SBD Entertainment Inc. (“SBD Entertainment“), a wholly-owned subsidiary of Spackman Media Group that represents and manages the careers of 12 artists. In addition to Son Suk-ku, SBD Entertainment also represents one of Korea’s rapidly rising young actors, Han Ji-hyun of popular K-drama THE PENTHOUSE 3, who won the Best Rookie Female Actor in the 2021 Brand Customer Loyalty Awards in Korea and endorsed luxury brand Gucci in April 2021.


[1] FlixPatrol, https://flixpatrol.com/top10/streaming/south-korea/2023-01-01/, TOP 10 on Disney+ in South Korea on January 1, 2023

Hashtag: #SpackmanEntertainmentGroup

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

About Spackman Entertainment Group Limited

Spackman Entertainment Group Limited (“SEGL” or the “Company“), and together with its subsidiaries, (the “Group“), is one of Korea’s leading entertainment production groups. SEGL is primarily engaged in the independent development, production, presentation, and financing of theatrical motion pictures in Korea.

The Company was founded in 2011 by renowned media and technology investor Charles Spackman who served as the Company’s Executive Chairman until 2017. For the past two decades, Mr. Charles Spackman has been a powerhouse in the Korean entertainment industry starting in the early 2000’s with the pioneering success of Sidus Pictures, the largest movie production company at the time and the first to be listed in Korea. Mr. Spackman is also the Founder, Chairman and Chief Executive Officer of the global investment firm, Spackman Group. For more information, please visit and .

Since its founding, SEGL had produced more than 30 major motion pictures including a number of the highest grossing and award-winning films in Korea, namely #ALIVE (2020), CRAZY ROMANCE (2019), DEFAULT (2018), MASTER (2016), THE PRIESTS (2015), SNOWPIERCER (2013), COLD EYES (2013) and ALL ABOUT MY WIFE (2012).

Our films are theatrically distributed and released in Korea and overseas markets, as well as for subsequent post-theatrical worldwide release in other forms of media, including online streaming, cable TV, broadcast TV, IPTV, video-on-demand, and home video/DVD, etc. Generally, we release our motion pictures into wide-theatrical exhibition initially in Korea, and then in overseas and ancillary markets.

The Group also invests into and produces Korean television dramas. In addition to our content business, we also own equity stakes in entertainment-related companies and film funds that can financially and strategically complement our existing core operations. SEGL is listed on the Catalist of the Singapore Exchange Securities Trading Limited under the ticker 40E.

Production Labels

SEGL owns a 100% equity interest in Studio Take Co., Ltd. (“Studio Take“) which produced STONE SKIPPING (2020) and THE BOX (2021). Its latest film, A MAN OF REASON, is set to be screened theatrically and digitally in North America in the first quarter of 2023 and at theatres in Korea in the fourth quarter of 2022 or first quarter of 2023. A MAN OF REASON premiered in the US at the 42nd Hawaii International Film Festival. The film was also invited to the 47th Toronto International Film Festival, the largest film festival in North America, and the 55th Sitges Film Festival, one of the world’s top three genre film festivals. Studio Take shall also release an upcoming film, THE GUEST, in 2023 tentatively.

SEGL owns Novus Mediacorp Co., Ltd. (“Novus Mediacorp“), an investor, presenter, and/or post-theatrical distributor for a total of 80 films (59 Korean and 21 foreign) including OKAY MADAM (2020), LONG LIVE THE KING (2019), MY FIRST CLIENT (2019), ROSE OF BETRAYAL (2018), THE OUTLAWS (2017) and SECRETLY, GREATLY (2013), which was one of the biggest box office hits of 2013 starring Kim Soo-hyun of MY LOVE FROM THE STARS (2013), as well as FRIEND 2: THE GREAT LEGACY (2013). In 2012, Novus Mediacorp was also the post-theatrical rights distributor of ALL ABOUT MY WIFE (2012), a top-grossing romantic comedy produced by Zip Cinema. In 2018, THE OUTLAWS, co-presented by Novus Mediacorp broke the all-time highest Video On Demand (“VOD“) sales records in Korea. For more information, please visit

The Company owns a 100% equity interest in Greenlight Content Limited (“Greenlight Content“) which is mainly involved in the business of investing into dramas and movies, as well as providing consulting services for the production of Korean content. Through the acquisition of Greenlight Content, the Group’s first co-produced drama, MY SECRET TERRIUS, starring top Korean star, So Ji Sub, achieved #1 in drama viewership ratings for its time slot and recorded double digits for its highest viewership ratings. Greenlight Content was one of the main investors of MY SECRET TERRIUS.

The Company owns a 100% equity interest in Simplex Films Limited (“Simplex Films“) which is an early stage film production firm. The maiden film of Simplex Films, JESTERS: THE GAME CHANGERS (2019), was released in Korea on 21 August 2019. Simplex Films has several line-up of films including HURRICANE BROTHERS (working title).

The Company owns a 20% equity interest in The Makers Studio Co. Ltd., which plans to produce and release four upcoming films, the first of which will be THE ISLAND OF THE GHOST’S WAIL, a comedy horror film.

Talent Representation

The Company holds an effective shareholding interest of 43.88% in Spackman Media Group Limited (“SMGL“). SMGL, a company incorporated in Hong Kong, together with its subsidiaries, is collectively one of the largest entertainment talent agencies in Korea in terms of the number of artists under management, including some of the top names in the Korean entertainment industry. SMGL operates its talent management business through renowned agencies such as SBD Entertainment Inc. (Son Suk-ku, Han Ji-hyun, Park Keun-rok), MSteam Entertainment Co., Ltd. (Son Ye-jin, Wi Ha-jun, Lee Min-jung, Ko Sung-hee, Lee Cho-hee), UAA&CO Inc. (Kim Sang-kyung) and Play Content Co., Ltd. (Hwang-hwi). Through these full-service talent agencies in Korea, SMGL represents and guides the professional careers of a leading roster of award-winning actors/actresses in the practice areas of motion pictures, television, commercial endorsements, and branded entertainment. SMGL leverages its unparalleled portfolio of artists as a platform to develop, produce, finance and own the highest quality of entertainment content projects, including theatrical motion pictures, variety shows and TV dramas. This platform also creates and derives opportunities for SMGL to make strategic investments in development stage businesses that can collaborate with SMGL artists. SMGL is an associated company of the Company. For more information, please visit

The Company owns a 100% equity interest in Constellation Agency Pte. Ltd. (“Constellation Agency“). Constellation Agency, which owns The P Factory Co., Ltd. (“The P Factory“) and Platform Media Group Co., Ltd. (“PMG“), is primarily involved in the business of overseas agency for Korean artists venturing into the overseas market. The P Factory is an innovative marketing solutions provider specializing in event and branded content production. PMG is a talent management agency which represents and manages the careers of major artists in film, television, commercial endorsements and branded entertainment.

Strategic Businesses

The Company also operates a café-restaurant, Upper West, in the Gangnam district of Seoul and own a professional photography studio, noon pictures Co., Ltd.

For more details, please visit

Travel in Prosperity this Lunar New Year with Bread Garden’s CNY Goodies Collection for 2023

SINGAPORE – Media OutReach – 2 January 2023 – Usher in good health, wealth and happiness in the Year of the Rabbit with Bread Garden’s collection of delectable Chinese New Year goodies for 2023!

breadgarden-CNY-2023.png

Featuring an ensemble cast of familiar signature items, all-time favourites and innovative new bakes, the CNY treats from Bread Garden offer pure indulgence of both classic tastes and new flavours for you and your whole family.

A much-beloved brand among lovers of Chinese New Year festive snacks, Bread Garden continues to serve up high-quality and delicious bakes that have delighted both Singaporeans and oversea fans for the past 4 decades without fail.

A Journey of Abundance with Bread Garden’s Bountiful Goodies Box

With the lifting of covid restrictions and travelling returning with aggressive fervour, Bread Garden shares in the joy of adventure with this year’s travel-themed CNY gift set, specially designed as a cute-looking mini luggage bag, so that you can bring your favourite Chinese New Year treats on the go with you during festive visitations!

Aptly named Bountiful Goodies Box, each luggage gift set packs a full suite of the six most recommended snack flavours – in exquisitely designed metal cases, symbolising blessings in the six aspects of a life filled with abundance, making this the ideal gift for family and friends this Lunar New Year.

Signature CNY Goodies, Classics and New Flavours

Celebrating traditions is an integral part of Chinese New Year, which extends to the food we indulge in during this festive period.

This year, Bread Garden has again put together a diverse collection of CNY goodies featuring a mix of best-selling favourites, old-school classics, and innovative new flavours.

Returning to the lineup are all-time favourites like the Premium Pineapple Tart, Macadamia Buttery Cookies, and Melting Peanut Cookies, which continue to be in high demand year after year.

Of course, we can’t do without the established classics like Kueh Bangkit, Old School Almond Cookies, and Spicy Shrimp Rolls which are simply a must-have for any CNY celebration.

In recent years, bakeries have been experimenting with new and interesting flavours to appeal to a younger generation of snack buyers, and Bread Garden is at the forefront of this trend, always experimenting with new recipes and ingredients to introduce even more delectable creations for all to enjoy during Chinese New Year.

This year, new flavours include Choco Peanut Lava, for those who enjoy the gooey melting sensation of peanut butter oozing at the first bite, and Almond De Coco, a fragrant and scentful treat filled with fresh coconut goodness.

Exclusive Online Promotion for CNY Goodies

Enjoy up to 15% savings on your CNY goodies order with Bread Garden’s Buy 6 Get 1 Free exclusive online promotion (conditions apply) and $8 off each Bountiful Goodies Box, available now till sold out.

The full range of Bread Garden’s Chinese New Year goodies for 2023 is now available for sale at https://www.breadgarden.com.sg/cny-chinese-new-year-goodies/.

Hashtag: #BreadGarden

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

About Bread Garden

Bread Garden is a Singapore halal-certified bakery brand known for its popular festive goodies during Chinese New Year and the Mooncake Festival, as well as its selection of flavourful customised cakes and pastries.

Rated five stars consistently by customers on social media, Bread Garden stands out from other bakeries with its emphasis on quality over quantity, dedicating itself to producing only the best quality baked products that its customers have come to expect and love.

For more information on Bread Garden, visit .

FIGS FINAL DEADLINE ALERT: ROSEN, A HIGHLY RECOGNIZED LAW FIRM, Encourages FIGS, Inc. Investors with Losses Exceeding $100K to Secure Counsel Before Important January 3 Deadline in Securities Class Action – FIGS

New York, New York – Newsfile Corp. – December 30, 2022 – WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the stock of FIGS, Inc. (NYSE: FIGS): (i) pursuant and/or traceable to the registration statement and related prospectus issued in connection with the Company’s 2021 initial public offering (the “IPO” or “Offering”); and/or (ii) between May 27, 2021 and May 12, 2022, both dates inclusive (the “Class Period”), of the important January 3, 2023 lead plaintiff deadline.

SO WHAT: If you purchased FIGS securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the FIGS class action, go to https://rosenlegal.com/submit-form/?case_id=9629 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than January 3, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, the registration statement supporting the IPO and defendants’ statements throughout the Class Period were false and/or misleading and/or failed to disclose that defendants: (1) inflated FIGS’ true ability to successfully secure repeat customers; (2) failed to disclose FIGS’ increasing dependence on air freight; and (3) inflated the expected net revenues, gross margin, and adjusted EBITDA margin for 2022. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the FIGS class action, go to https://rosenlegal.com/submit-form/?case_id=9629 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

——————————-

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

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

Yanchang Petroleum International Gains Approval for the New Supply Agreement with Its Parent Company

Bolstering the development of oil product business in the post-pandemic era

HONG KONG SAR – Media OutReach – 30 December 2022 – Yanchang Petroleum International Limited (“Yanchang Petroleum International” or the “Company”; stock code: 346.HK) is pleased to announce its subsidiary Henan Yanchang Petroleum Sales Co., Limited (“Henan Yanchang”) will enter into a new supply agreement with Shaanxi Yanchang Petroleum (Group) Co., Limited (“Yanchang Group”). The agreement has been approved by its shareholders at the Special General Meeting held today. Pursuant to which, Yanchang Group will supply refined oil and by-products to Henan Yanchang for three years ending 31 December 2025.

Henan Yanchang entered into a three-year supply agreement with Yanchang Group in 2019. The new agreement will maintain a reliable supply source to enhance the flexibility of business operations. As the economy in the PRC will gradually recover in the post-pandemic era, the Company expects that product demand will shortly return to the pre-pandemic level and the uptrend to continue. The Company believes that the scale of the oil product sales business in the PRC can be further expanded with the stable product supply, strengthening the Group’s profitability.

Mr. Feng Yinguo, Chairman of Yanchang Petroleum International, said, “Yanchang Group is one of the four largest state-owned oil and gas enterprises in the PRC. The new supply agreement will provide greater growth momentum for the Company’s oil product sales business in China. Going forward, the Company will continue to optimize the business of Henan Yanchang and further plan and expand its sales network, in order to expand the overall scale of the Company’s business and increase its competitiveness, creating greater value for our shareholders.”

Yanchang Group is the substantial shareholder of Yanchang Petroleum International, holding approximately 69.19% of the existing issued share capital of the Company. Henan Yanchang is an indirect non-wholly owned subsidiary of the Company, principally engaged in the business of wholesale, retail, storage and transportation of refined oil and by-products.

Hashtag: #YanchangPetroleum

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

About Yanchang Petroleum International Limited (Stock Code: 346.HK)

Yanchang Petroleum International is principally engaged in exploration, exploitation, and operation of oil and gas; and fuel oil trading and distribution. In its upstream operations, Yanchang Petroleum International possesses operating oilfields in Saskatchewan and Alberta, Canada, through its wholly owned subsidiary Novus Energy Inc., a Canadian enterprise. Novus engages in the business of acquiring, exploring for, developing and producing crude oil and natural gas. In its downstream operations, Yanchang Petroleum International is principally engaged in wholesale, retail, storage and transportation of oil products through its 70% owned subsidiary, Henan Yanchang Petroleum Sales Co., Limited, and which has been granted valid licenses for distribution and sales of oil products in China. The Group also established oil products trading companies in Zhoushan, Zhejiang and Shenzhen, China, respectively, for expanding its oil products trading business which become a new profit driver.

For details, please refer to

Southern Asset Management Asia-Pacific Low Carbon ETF launches today

SHENZHEN, CHINA – Media OutReach – 30 December 2022 In recent years, the opening-up of China’s capital market has been accelerating, and its international influence has been continuously enhanced. On December 30th, Southern Asset Management’s Shenzhen-Singapore ETF interoperability product, China Southern CSOP CGS-CIMB FTSE Asia-Pacific Low-Carbon Selected ETF (abbreviation: Asia-Pacific Low Carbon ETF, code: 159687), was officially listed on the Shenzhen Stock Exchange. On the same day, CSOP CSI STAR and CHINEXT 50 Index ETF (SGX: SCY) was listed in Singapore, providing diversified cross-border investment options for investors in China and Singapore.

Shenzhen-Singapore ETF exchange is another important measure for the two-way opening of China’s capital market. On the one hand, the exchange of Shenzhen-Singapore ETFs will realize the introduction of Singapore ETFs. Investors from mainland China can indirectly invest in ETF products in Singapore market in China through Shenzhen Stock Exchange, which is conducive to further enriching the cross-border fund product system, expanding investors’ cross-border investment channels and meeting the diversified cross-border investment needs of investors from mainland China. On the other hand, the exchange of Shenzhen-Singapore ETFs will realize the “going out” of Shenzhen ETFs. As an important international financial center in Asia and even the whole world, Singapore’s capital market is an open market for global investors, with diversified sources of funds. The listing and trading of Shenzhen ETF on the Singapore Stock Exchange will provide convenient channels for overseas investors to invest in A-share ETFs, which will help broaden the overseas investment channels and customer scope of Shenzhen ETF, introduce diversified incremental funds, enrich the structure of holders, and promote the greater development of Shenzhen ETF.

The Asia-Pacific low-carbon ETF issued and traded in Southern Asset Management is not only the first Shenzhen-Singapore ETF, but also China’s first ETF in the Asia-Pacific region, covering the high-quality assets in China, Singapore, Japan, Australia, India and other markets for the first time, providing a more convenient way for investors in China to invest globally. Mainland investors in China can indirectly invest in ETF products in Singapore market through Shenzhen Stock Exchange. The “one-click” layout of Asia-Pacific low-carbon leading companies is conducive to further expanding cross-border investment channels, enriching cross-border fund product systems, and meeting the diversified cross-border investment and global asset allocation needs of mainland investors in China. With huge market capacity and close economic and trade cooperation, the economic growth in the Asia-Pacific region has been strong and full of stamina in recent years. Asia-Pacific low-carbon ETF is blessed by the economic growth and green and low-carbon transformation in the Asia-Pacific region, and have good market demand and investment prospects.

Through Shenzhen-Singapore ETF interoperability mechanism, Southern Asset Management also exported China Southern CSI STAR&CHINEXT 50 Index ETF to the Singapore market, realizing the overseas listing of China ETF. The listing of China Southern CSI STAR&CHINEXT 50 Index ETF on Singapore Exchange will facilitate foreign investors to invest in China assets through Shenzhen-Singapore ETF exchange mechanism, and share the investment opportunities of China’s new economic transformation and upgrading. At the same time, it will further enhance the global influence of China Index and ETF products, and promote the international development of China asset management institutions and capital markets.

As one of the first batches of standardized fund management companies in China, Southern Asset Management is rooted in Shenzhen, the frontier of reform and opening up, and has always adhered to the international development direction, striving to be the pioneer of opening up the capital market. It was the first fund company in the industry to obtain QDII qualification, issued the first QDII Public Offering of Fund in China, and was also the first mainland fund company to set up a subsidiary in Hong Kong. The first batch of Shenzhen-Singapore ETF interoperability products is a strong alliance between Southern Asset Management and its overseas subsidiary CSOP. As the first overseas asset management company set up by China mainland fund companies, CSOP has focused on ETF investment since its establishment, and is the leading ETF management institution in Hong Kong and even in Asia.

Hashtag: #SouthernAssetManagement

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