HONG KONG SAR – Media OutReach – 19 April 2022 – On April 15, 2022, TECNO takes home its first Product Design Silver award for its exceptional craftsmanship of CAMON 19 Pro (Art Edition), outperforming 6,000 highly-qualified entries accepted worldwide.
Created by the International Awards Associate (IAA) in New York in 2015, the MUSE Design Awards is a leading international award competition that aims to promote excellence in various design industries by providing professionals and brands with a platform to compete on the world stage. The MUSE Design Awards is known for its rigorous judging system and high quality criteria. The esteemed 37-member jury is made up of design industry professionals selected through a rigorous screening process across 18 countries. Combined with a blind judging method, the judges’ experience and expertise allowed for each entry to be fairly considered against the industry-setting assessment criteria.
The Muse Design Awards jury commended the TECNO CAMON 19 Pro (Art Edition) for achieving the beauty of art through technological innovation, “The Mondrian edition is a work of art. The industry’s first ‘Sunlight Drawing’ technology is perfectly combined with the Stylistic art form, allowing the phone shell color to change with the light, paying tribute to the Stylistic master Mondrian achieved through technology innovation.” For the first time, the industry ideal of “cell phone is not only a technology product, but also a piece of art” has been fulfilled, giving technology an artistic feeling with innovative breakthroughs.
Paired with its ergonomic design to maximize the comfort of the user’s handgrip, TECNO CAMON 19 Pro (Art Edition)’s ultra-narrow screen and battery cover of unprecedented 3D quadruple-curved micro-arc surface and crater design further enhance the borderless experience for the ultimate user enjoyment. The series is expected to be released in July this year.
Bartra Wealth Advisors, The Leading IIP Fundraiser in Asia, Raised €54 Million in 2021
HONG KONG SAR – Media OutReach – 19 April 2022 – Nearly 80 percent of respondents are considering or will consider moving aboard, a survey from the immigration arm of Irish developer Bartra Group has found. The current wave of emigration began in 2019 and remains strong. Bartra Wealth Advisors (“Bartra”), a subsidiary of Ireland’s leading real estate developer Bartra Group and the first Irish developer providing direct Irish immigration investment advisory in Hong Kong, conducted an online survey in March to find out more about Hong Kong people’s migration intentions and emigration trends. The company surveyed nearly 500 Hong Kong citizens aged 18 and above.
According to the findings of the survey, the top three locations that Hong Kong people would like to emigrate to were Taiwan, the UK and Australia. With Hong Kong people’s increasing exposure to Ireland, the nation ranked second as an emigration destination among European countries, ahead of Germany, Bulgaria and Portugal. When choosing an emigration destination, more than 60% of respondents considered prioritising factors such as cost of emigration and ease of obtaining application approval.
The survey also revealed that the objectives of the Hong Kong people who intend to emigrate were to seek a better living environment (51%), to ensure a better education for their children (29%), and to obtain alternative overseas permanent residency and citizenship (27%). These findings reflect the dissatisfaction of Hong Kong people with their current living situation and education system. Of the different countries/regions, Ireland ranked top among the places to move to when considering quality of life and the economic development perspectives. When considering education as a factor determining an immigration destination, Ireland ranked second after the UK, and ahead of Canada, Australia and the US, reflecting the high value that Hong Kong parents place on an Irish education.
In terms of methods through which to emigrate, more than 40% of respondents preferred investment immigration, for the main reason that it is simpler and more direct. Among the investment immigration programmes, Irish immigration ranked top based on the ease of obtaining application approval and the flexibility of its residing requirements compared to other investment immigration programmes. This reflects how well the Irish investment immigration programme suits the needs of Hong Kong families – the Irish IIP allows applicants to reside just one day per year in Ireland to maintain their residency, enabling them to immigrate without relocating for easier managing of their current business and networks, as well as for efficient tax planning.
Considering all the factors offered by different countries/regions and their immigration programmes, the top three most popular emigration destinations for Hong Kong people were Taiwan, Australia and Ireland.
In 2021, Bartra reported total investment of €54 million (60 family applications) and became the largest project supplier and service provider of the Irish Immigrant Investor Programme (IIP) in Asia. The majority of Bartra’s investor applications took six to nine months to be approved, with the shortest time for approval taking less than three months. Mr. Jeffrey Ling, Regional Director of Bartra Wealth Advisors, said, “Many high-income families in Hong Kong have formed an intention to emigrate, but more than 30% of respondents have some hesitation due to their current job or business. The IIP in Ireland provides great flexibility with regard to travelling requirements; families only need to reside one day per year in the country to retain their right of abode. Therefore, investors do not need to quit their jobs in Hong Kong, and can obtain an overseas residency relatively quickly without relocating.”
Additionally, Ireland is the only English-speaking country in the European Union, which presents fewer language barriers for Hong Kong immigrants. The accompanying children of IIP applicants to Ireland can also enjoy free education there at a choice of schools. Those who have residency, study in Ireland and reside there for five years can apply for citizenship individually at the age of 18, so parents have greater flexibility to travel and can avoid long-staying resident requirements in the country. The Irish education system is among the best in the world, ranking seventh internationally. Apart from being a member of the European Union and the Eurozone, Ireland is also part of the Common Travel Area (CTA) with the UK, providing various rights to citizens of both countries. Ireland also offers an attractive living environment; in a ranking of the best countries to live in 2022 it came in joint second place with Switzerland, behind Norway.
Ireland also provides ample investment opportunities. Bartra offers its Social Housing and Nursing Home projects to IIP clients to obtain permanent residency in Ireland, which can be achieved in three or five years (4% annual interest for the 5-year investment option). Both of Bartra’s projects have a full repayment guarantee for capital protection. Bartra has a proven track record of 100% for approval, renewal and repayment. And it is the only developer in the IIP field that sources, builds and manages projects from start to finish in Ireland, and offers the services of its in-group overseas immigration arm, which provides professional immigration by investment advisory. To meet the IIP’s €2 million asset proof requirements, applicants can use stocks, funds, cash value of insurance policies, properties, and even car parking spaces, valuable paintings or collectables. Investment is only required after receipt of an application approval letter. Some clients seek advice from financial services to pledge or refinance their assets to fund the €1 million investment in the current low-interest environment to obtain residency without disposing of existing investments.
About Bartra Wealth Advisors
Bartra Wealth Advisors (Bartra) is a subsidiary of Ireland’s most successful real estate developer Bartra Group, specialising in providing independent Irish immigration investment advisory services. With well-established business, extensive Irish immigration experience, expertise in the investment field, professional landing teams and strong business network support, Bartra Group has successfully carried out a significant number of social housing and nursing home IIP (Immigrant Investor Programme) projects and has helped hundreds of families successfully immigrate to Ireland.
Bartra Wealth Advisors prides itself on delivering streamlined, in-group, end-to-end services. Its unique business model supports clients throughout their investment and immigration journey, from immigration advisory and government backed IIP projects through to exit executions. It maintains a 100% application approval rate, a 100% renewal rate and a 100% repayment rate. For details, please visit to the company website https://www.bartrawealthadvisors.com/.
Remote working and cloud infrastructure top cyber risk for organizations
HONG KONG SAR – Media OutReach – 19 April 2022– Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global cybersecurity leader, today announced the findings of its latest global Cyber Risk Index (CRI) for the second half of 2021, standing at -0.04, which is an elevated risk level with North America being at -0.01. Respondents revealed that 76% of global organizations think they’ll be successfully attacked in the next 12 months, with 25% claiming this is “very likely” to happen, and an even higher percentage (34%) among North American organizations.
“To craft effective cybersecurity strategy, organizations must master the art of risk management. This is where reports like the CRI can be a great resource in highlighting areas of possible concern,” said Jon Clay, Trend Micro VP-Threat Intelligence. “As remote working and digital infrastructure threats persist, organizations should adopt a platform-based approach to optimize security whilst minimizing their security sprawl.”
The semi-yearly CRI report asks pointed questions to measure the gap between respondents’ preparedness of attack and their likelihood of being attacked*.
In this report, 84% claimed to have suffered one or more successful cyber-attacks in the past 12 months, with over a third (35%) saying they’d experienced seven or more.
Threats they’re most concerned about globally are ransomware, phishing/social engineering, and denial of service (DoS)—and the negative consequences of a breach are stolen or damaged equipment, cost of outside consultants/experts, and customer turnover.
When it comes to IT infrastructure, organizations are most worried about mobile/remote employees, cloud computing (with a “high risk” score of 7.75 / 10 for North America), and 3rd party applications. USA organizations put the cloud computing risk score at 9.87 / 10.
This highlights the ongoing challenge many organizations have around securing the digital investments they made during the pandemic. Such investments were necessary to support remote working, drive business efficiencies and agility, and understand the corporate attack surface.
“Organizations are facing demanding security challenges every day, from software vulnerabilities, data breaches, to ransomware attacks and more,” said Dr. Larry Ponemon, chairman and founder of Ponemon Institute. “The semi-annual survey has been a tremendous asset in evaluating the rapidly evolving cyber risk landscape to help organizations improve security readiness and serving as a guidance in strategic planning.”
The highest levels of risk were around the following statements:
My organization’s IT security function supports security in the DevOps environment
My organization’s IT security leader (CISO) has sufficient authority and resources to achieve a strong security posture
My organization’s IT security function strictly enforces acts of non-compliance to security policies, standard operating procedures, and external requirements
This clearly indicates that more resources must be diverted to people, processes, and technology globally to enhance preparedness and reduce overall risk levels.
* An index value is calculated from this information based on a numerical scale of -10 to 10, with -10 representing the highest level of risk. In this report, the USA CRI stood at -0.18 versus -0.01 for North America and -0.04 for global, indicating a higher level of risk. This was driven by a higher cyber threat index figure in the US.
About Trend Micro
Trend Micro, a global cybersecurity leader, helps make the world safe for exchanging digital information. Fueled by decades of security expertise, global threat research, and continuous innovation, Trend Micro’s cybersecurity platform protects hundreds of thousands of organizations and millions of individuals across clouds, networks, devices, and endpoints. As a leader in cloud and enterprise cybersecurity, the platform delivers a powerful range of advanced threat defense techniques optimized for environments like AWS, Microsoft, and Google, and central visibility for better, faster detection and response. With 7,000 employees across 65 countries, Trend Micro enables organizations to simplify and secure their connected world. www.trendmicro.com.hk
#TrendMicro
The issuer is solely responsible for the content of this announcement.
HONG KONG SAR – Media OutReach – 19 April 2022 – Local FinTech start-up TrendX officially launched its own stock market forecast AI system “TrendX”, which creates a unique stock market indicator by manipulating algorithms, big data, machine learning and AI. The system aids users to reduce the time cost of reading the stock market news, smoothen stock market trend analyzing process and simplify manual operation, so that individual investors can easily get a precise stock market trend analysis and develop a more profitable investment strategy. TrendX aims to help people to reduce research time, increase win rate and gain more return on stock investment, so that they can have more time to enjoy their life.
Philip Cheung, Co-Founder and Chief Technology Director of TrendX
Stock Market Trend can be Precisely Determined by a Well Developed Stock Market Forecast AI System
“TrendX” is a “quantification system”, possessing the abilities of AI stock market data analyzing, strong stock market trend catching and numerous data model consolidation, which calculates 100,000 times on every stocks in the entire Hong Kong stock market and analyses the subtle changes of the stock price, to determine the stock market trend on every stocks and prevent false decision making in the next trading day. Also, the unique self-developed “TREND-BREAKPOINT” enables investors to receive the stock price information for developing the investment and risk management strategy in advance. Philip Cheung, Co-Founder and Chief Technology Director of TrendX, said “We hope that the simplification of stock investment process by AI FinTech enables investors to refrain from relying on macro analysis and news, so that they could have their own insight and determination on every stocks, and capture the stock market trend before the publish of news.”
The Analysis System Supports People to Achieve Financial Independence after 8-year Development and Optimisation
“TrendX”, the stock market forecast AI system, genuinely reflects the innovativeness of Hong Kong because it is innovated by Philip Cheung, Co-Founder and Chief Technology Director of TrendX and his team without any participation of third parties. Philip has over 15 years working experience in both local and foreign bulge bracket firms, developed numerous investment transaction systems and autonomous quantitative strategy systems. He is also proficient in transaction software platform development and financial system infrastructure construction. After experiencing the financial crisis of 2008, Philip made up his own mind to establish his own organization. He investigated and improved the quantitative and automated trading system, eventually, he developed a brand new quantification system.
Because of Philip’s further development on and alteration of the AI stock analysis system in 2010, the outcome can be determined by investigating the emerging uncertainties in the stock market, instead of studying the past data by the AI system in general. After practice and technical improvement for years, in 2016, the AI system was already mature and Philip successfully gained his return on stock investment with the aid of his self-developed AI system. By using the profit from stock investment, Philip invested in numerous commercial buildings to spread risk and increase passive income, and eventually achieved financial independence.
Philip established FinTech start-up “TrendX” in 2019. His purpose is to support investors to gain return on the stock market and achieve financial independence. The interface of the AI system is substantially optimized so that it is more easy and convenient to use. With only 3 simple steps, investors can catch up on the long term stock price variation trend. The operation of the AI system can be mastered by new users within 1 day. By the implementation of AI FinTech, “man-machine integration” can be accomplished and the investment habit can be improved.
As there are uncertainties in the stock market, it is difficult to estimate the outcome, so stock option becomes another choice for investors because of its stability. Therefore, TrendX also developed an innovative stock option analysis system “OptionX” to support investors to gain return by analyzing all Hong Kong stock options and providing strategies for highest return. After optimisation on system interface and user experience, “TrendX” and “OptionX” are officially launched on 5th March, 2022.
TrendX’s Excellent Performance Gained Attention from the Market
The core technology of TrendX is abundant and mature, and the stock picking performance is excellent as well. Therefore, TrendX received numerous invitations of collaboration by various securities, funding and financial companies, as well as the support and sponsorship by the government Technology Voucher Programme. TrendX also established “fully authorisation service DMA”. In this service, the team with abundant stock investment experience will use OptionX AI option analysis system and TrendX AI stock trend forecast system together, so that investors can save their time cost of stock market news research, and increase passive income.
TrendX Await for the Future Diversified Development, Especially in Educating the Mass about Stock Investment Knowledge
TrendX aims to expand its experience and services to the international market, and hope that after educating the general public about stock investment knowledge, people will no longer jump on the bandwagon of speculation. Philip, the Co-Founder of TrendX, said “Hope that by the years of experience on FinTech, we could provide more sharing and education on stock investment to the general public, so that man-machine integration can be achieved and investment becomes more simple.”
About TrendX
TrendX was established in 2019 and it is a local FinTech start-up company providing stock market forecast AI system service to help investors to develop a quick, accurate and profitable stock investment strategy. “Trend” represents the stock market trend. “X” represents X-Ray, with the meaning of seeing through the stock market. “X” also represents “eXplore”, with the meaning of exploration on the stock market. TrendX aims to use FinTech to have a betterment on stock investment and to serve the public.
About TrendX Co-Founder Co-Founder / Chief Technology Director – Philip Cheung Philip Cheung graduated from the university in England. Philip was the associate director of the international advisory and technological department in the Bank of China. He has 15 years working experience in various bulge bracket firms, e.g. JP Morgan, UBS, Bear Stearns and the Bank of China. He has abundant experience on the development of investment transaction systems and autonomous quantitative strategy systems, and is proficient in transaction software platform development and financial system infrastructure construction.
The above is released by HelloReporter as a representative for TrendX.
Adapting to transformations and latest trends in the building industry
HONG KONG SAR – Media OutReach – 19 April 2022 – The Quality Building Award (QBA) is abiennial industry award bestowed upon industry players demonstrating excellent teamwork capabilities and maintaining the highest standards of professionalism in the design and construction of quality buildings. In line with QBA’s aim to promote the collective commitment by the building industry to maintain the highest standards of competitiveness, the QBA is honoured to announce a new award category under the name of “Temporary Building.”
Adapting to Transformations in the Industry The last couple of years have resulted in unprecedented changes in the way we work, travel, and interact with one another. Now more than ever fluidity is required to adjust to the transformation of the global economy. In particular, architecture and construction are largely impacted by these sorts of changes. Thus, the QBA would like to recognize temporary buildings, which offer the fluidity that allows them to embrace societal changes and adapt to the requirements of our ever-changing world. Furthermore, the Award will highlight the remarkable achievements of industry professionals and organisations who through teamwork, dedication and expertise are setting a benchmark for fellow industry players to learn from.
Buildings Which are Constructed for Short-Term Use Temporary buildings are made to use for a limited time given their purpose or the land status. They can be constructed using short-lived materials that may also be repurposed after deconstruction, and such temporary buildings can include but are not limited to those made for public entertainment, temporary occupation, or iconic representation during a specific event.
Overcoming Constraints to Set a Benchmark in the Industry The process of constructing temporary buildings brings its own set of challenges such as having a limited time frame, limited space, material usage to prevent waste produce, and possessing the correct skill and innovative capability during implementation. Thus, a great deal of planning, co-operation, and teamwork is required to overcome these challenges. The QBA aims to establish exemplars of individuals and organisations demonstrating the most effective planning and implementation processes during the construction of these buildings.
Nomination Requirements
Category
Nomination Requirement
Temporary Building
– Nominated building is designed and constructed for temporary purpose and / or constructed of short-lived materials.
– Nominated new building serves one or several functional uses, such as residential, commercial, institutional, and for exhibition & leisure purposes.
*Nominated project teams should submit a photo and video documenting their project, to be remotely assessed by the judging panel.
For more information regarding the application procedures or general information about the Awards, please visit the website at https://www.qba.com.hk/en/index.html
About Quality Building Award
Since the co-foundation in 2002 by nine Hong Kong’s leading professional institutions and organisations, The Quality Building Award (QBA) has been established as a biennial award that recognizes buildings of outstanding quality and those that demonstrate outstanding teamwork.
Organizers of QBA 2022
QBA 2022 is co-organized by nine professional institutions in Hong Kong. They are:
The Hong Kong Institute of Construction Managers (QBA 2022 Chairing Organization)
The Hong Kong Construction Association
The Hong Kong Institute of Architects
The Hong Kong Institution of Engineers
The Hong Kong Institute of Housing
The Hong Kong Institute of Surveyors
The Hong Kong Quality Assurance Agency
The Hong Kong Chapter of International Facility Management Association
The Real Estate Developers Association of Hong Kong
#QualityBuildingAward
The issuer is solely responsible for the content of this announcement.
SINGAPORE – Media OutReach – 19 April 2022 – Quantum Power Asia (“Quantum Power”), the developer of Indonesia’s first utility-scale solar photovoltaic (PV) plant, and German solar energy turnkey solutions provider, ib vogt, announced today a partnership to build US$5 billion solar generation and storage facility which can export up to 4TWh of renewable energy to Singapore annually.
The project covering over more than 4,000 hectares in the Riau Islands south of Singapore will be capable of generating more than 3.5 GW of solar PV and storing 12 GWh of renewable energy which is intended for export to Singapore via an undersea cable.
Quantum Power designs, finances and operates renewable energy systems across Asia, and developed Indonesia’s first unsolicited utility-scale solar PV power plant which is now in operation. Headquartered in Berlin, Germany, ib vogt focuses on the global development of PV plants and the intensified development of battery storage projects with a global project pipeline of more than 40,000 MW. The company offers all integral services of the value chain from development, financing, EPC and O&M to asset management in house. Ib vogt is firmly committed to supporting the decarbonization of the global electricity sector.
Anantara Energy Holdings Pte Ltd (“Anantara”), its joint-venture with Berlin-based ib vogt, is a long-term partnership to develop renewable energy in Indonesia and support Singapore’s call to import such clean energy.
Singapore-registered Anantara has responded to Singapore’s Energy Market Authority (EMA) request for proposals (RFP) to obtain licenses to supply and import clean energy from neighbouring countries including Indonesia. The RFP is part of Singapore’s ongoing initiatives to achieve carbon neutrality by 2050. When fully commissioned in 2032, the proposed Anantara project is expected to deliver about 8% of Singapore’s annual electricity generation, thereby reducing the grid’s current reliance on liquefied natural gas.
Anantara has in turn partnered with Union Power Pte Ltd (a subsidiary of Union Energy Corporation), an electricity retailer in Singapore, which will handle connectivity of imported clean energy and related services to residential, industrial and commercial customers. EMA-licensed Union Power currently retails electricity to about 22,000 retail customers in Singapore.
Anantara has secured agreements from corporates in Singapore, including MNCs and local businesses, to supply more than 4TWh a year of imported clean energy to meet their energy needs and achieve sustainability goals in line with RE100 commitments.
The formal joint-development agreement for the Anantara partnership, Anantara’s Memorandum of Understanding with Riau Islands Province, and the agreement between Anantara and Union Energy Corporation were signed today in the Indonesian embassy in Singapore in the presence of Ambassador His Excellency Mr Suryo Pratomo and the Governor of the Province Mr Ansar Ahmad.
The JV is expected to benefit Indonesia and Singapore by supporting new businesses, creating up to 30,000 new jobs in Riau Islands and opening up fresh opportunities in the renewable energy sector in the region.
Emphasising corporate social responsibility, Anantara team members have spent extensive time in the Riau Islands to develop programmes to empower local communities and incorporate sustainability as a cornerstone of the project. Key focus areas include developing hyper-local supply chain linkages and providing skills training to the local community.
Anantara will also initiate business activities to involve local micro, small and medium enterprises to achieve deep impact on the local communities. These initiatives will help build and rehabilitate the necessary facilities, improve energy efficiency and open up opportunities to develop infrastructure while improving access to clean water, sanitation, education and employment.
Simon G. Bell, Managing Director and CEO, Quantum Power Asia, said: “We are excited to partner ib vogt and present this major integrated initiative to EMA. Should we be successful in being awarded an import licence to Singapore, we will bring up to US$5 billion of capital into Indonesia from Singapore, creating more than 30,000 jobs to build what will become the largest PV-Storage System globally to date. It will also contribute significantly to Singapore’s journey towards carbon neutrality.”
Anton Milner, Managing Director (CEO), ib vogt, said: “This bilateral energy import initiative is a landmark project globally and will be a catalyst for the region’s transformation towards clean, carbon-free energy. Based on the work done together with Quantum Power Asia and Union Energy Corporation, we are confident we have submitted a compelling proposal to EMA in order to create sustainable long-term value both for Singapore and Indonesia.”
Ellen Teo, CEO of Union Energy Corporation and Executive Director of Union Power,said: “The recent volatility of energy prices and challenges faced by Singapore’s electricity market underscores the urgent need to review our supply of renewable energy. We are honoured to partner Quantum Power Asia and ib vogt in this transformational project which will greatly benefit Singapore homes, businesses and the nation at large as we progress towards net zero.”
About Quantum Power Asia
Quantum identifies and develops projects, designs, finances and operates renewable energy systems across Southeast Asia and is focused on delivering high-quality and reliable electricity that is generated by clean and renewable energy. The Quantum Team has a track record of successfully executing renewable energy and direct investments in Indonesia for more than 50 years. In addition, the Quantum Team has closed deals in Asia in excess of US$5 billion. Quantum developed the first unsolicited utility scale solar PV power plant in Indonesia which is now in operation. This plant is one of the largest single axis tracking projects in South-East Asia. For more information on Quantum, please visit www.quantumpower.com.sg.
#QuantumPowerAsia
The issuer is solely responsible for the content of this announcement.
HONG KONG SAR – Media OutReach – 19 April 2022 – Cryptocurrency should be no stranger to people nowadays especially many people who are thirsty for seeking more financial resources in the backdrop of the Covid-19 pandemic and economic downside, which has made “Cryptocurrency” and “Bitcoin” one of the top search results in search engines in recent years. In 2021, CYOTC has been awarded the 「Superme Brand Awards – Cryptocurrency」by CAPITAL, gaining trust and confidence from its customers with unswerving efforts. In view of more and more investors playing a part in the cryptocurrency market, CYOTC(陳大怡加密貨幣找換店) has made relentless efforts to open its second branch shop in Yuen Long in late March this year, following the grand opening of its first shop in East Tsim Sha Tsui in March 2021.
Investment involves risks and careful study before the investment is essential. CYOTC holds regular talks for beginners to equip them with the necessary knowledge of cryptocurrency investment. The talks focus on introducing blockchain and cryptocurrency, the transaction processes, benefits and drawbacks of different investment means of cryptocurrency. Moreover, CYOTC offers complimentary one-on-one tutoring to help customers better understand their own investment products.
With two physical shops in Hong Kong, CYOTC(陳大怡加密貨幣找換店) was established by YouTuber Ms Yee Chan. Chan has shared about cryptocurrency on her Channel since July 2020, prior to the time that the world’s wealthiest man Mr Elon Musk hasn’t embraced cryptocurrency yet. It has showed Chan’s strong foresight in cryptocurrency investment.
Cryptocurrency transaction is not processed by cash directly but is supported by USD Tether, which is pegged to the US dollar and redeemable as a cryptocurrency. There are various ways to buy USD Tether and the safest and most cost-efficient way is through Over-the-Counter (OTC). OTC is a cryptocurrency exchange platform, allowing investors to exchange cash and cryptocurrencies in a convenient way. Considering the crucial role that OTC plays in cryptocurrency investment, Chan has made determined efforts to open the second branch shop of CYOTC amid the pandemic.
The second branch shop of CYOTC is located in Yuen Long, which is a two-storey on-street shop. The shop is decorated with a concise and modern style that is comfortable and spacious with a total floor area of 2,000 square feet, offering plenty of space to organise talks for beginners and help more people to learn about cryptocurrency.