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NEFIN GROUP and C&T Signs Binding Agreement to Fully Acquire Guangxi Energy

The combined Yuntai and Guangxi acquisition will accelerate the Taiwan Government’s vision of leading the Taixi, Yunlin area to become a special solar zone

YUNLIN, TAIWAN – Media OutReach – 25 October 2022 Yuntai, a project company, which NEFIN Group (“NEFIN”) has majority control, has signed binding documents with Ciel et Terre Group (“C&T”) for the 100% acquisition of Guangxi Energy, another project company in Taixi, Yunlin that is part of Laketricity, C&T Group. This acquisition follows NEFIN’s efforts toward a large-scale solar development project in Taixi, Yunlin.

Lift: Group photo of NEFIN and C&T ; Right: Left to right: Mr Cedric Jaeg, CEO of Laketricity and C&T

Lift: Group photo of NEFIN and C&T ; Right: Left to right: Mr Cedric Jaeg, CEO of Laketricity and C&T

Guangxi has obtained the 50-Megawatts system-impact analysis (SIA) approval from Taipower and a large parcel of land secured, Yuntai’s acquisition of Guangxi will further bolster the total land holdings of Yuntai in west Taiwan and will significantly accelerate solar power generation land banking efforts in the area. This places Yuntai in a strong position to connect to the new 500MW substation in Taixi, established by the Taipower.

NEFIN will work closely with C&T to realise the full potential of the combined project, and are committed to fulfilling the Government’s aim to establish the Taixi, Yunlin area as a special solar production zone.

“We look forward to working with C&T to meet key milestones and spearhead a major renewable energy movement in the region,” said Mr. Ken Ng, CIO of NEFIN Group.

“We are delighted to collaborate with NEFIN on this project in Yunlin. It follows our strategy to develop more projects in Taiwan with reputable partner, in order to support Taiwan in its target of 30 GW of solar power capacity by 2030,” said Cedric Jaeg, CEO of Laketricity and C&T Taiwan.

NEFIN is a green independent power producer, along with its shareholder ACEN, have collectively developed over 3,400MW of utility-scale, commercial, and industrial rooftop solar systems and renewable energy projects in its combined portfolio globally with strong track records. NEFIN is confident that the business expansion in Taiwan can electrify the region with renewable energy and accelerate the decarbonising efforts and transitioning to clean energy. NEFIN aims to be fully carbon-neutral by 2030 or sooner, and is helping like-minded local community and corporations to achieve their sustainability goals.

Hashtag: #NEFIN

About NEFIN Group

NEFIN is a premium green independent power producer (IPP) offering bespoke carbon neutral technologies & financing solutions in Asia Pacific. NEFIN, funded by AC Energy Corporation (“ACEN”), has collectively installed over 3,400MW of utility-scale, commercial and industrial renewable energy systems. ACEN is listed in the Philippines (PSE: ACEN) and is part of the Ayala Corporation, one of the largest and oldest conglomerates in Philippines, founded by the Ayala family in 1834. With its regional and multidisciplinary team, NEFIN offers comprehensive assessments and a full-suite of services to evaluate the ESG impact and commercial viability of projects through innovative approaches to technology under its unified energy management platform.

With a mission of “Achieving Carbon Neutrality for You”, NEFIN is committed to the global climate goals and aims to accelerate the decarbonisation of our client portfolios. NEFIN believes the future of the world is everyone’s responsibility and strives to redefine energy boundaries towards a sustainable future. Please refer to NEFIN’s website for more information and follow us at .

About LAKETRICITY

LAKETRICITY is a solar project developer with a mission to positively integrate renewable energies into its local environment. As part of Ciel & Terre Group, Laketricity has nurtured in Taiwan a large and reliable technical background, conceiving the best solutions to develop solar power plants, especially projects in aquaculture environment.

Ciel et Terre Group is the pioneer of floating solar. With more than 1.2 GW of connected FPV power plants and ongoing construction, Ciel et Terre leads the market of floating solar industry.
For more information, please visit and .

Hang Lung Properties and LVMH Group Launch a New Model of Sustainability Partnership

A Three-Year, Innovative Collaboration on Climate and Sustainability Action in Real Estate and Retail

HONG KONG SAR / SHANGHAI, CHINA / PARIS, FRANCE – Media OutReach – 25 October 2022 – Hang Lung Properties (SEHK stock code: 00101) (“Hang Lung”), a leading developer, manager and owner of a diversified portfolio of world-class properties in Hong Kong and mainland China, and LVMH Moët Hennessy Louis Vuitton, (“LVMH”), the world’s leader in luxury, today announced a pioneering and ambitious partnership to collaborate on sustainability initiatives across mainland China. The partnership, a first of its kind globally, demonstrates the leadership and commitments of both Groups in the sustainability arena. It also reimagines the relationship between property owners and leading retail brands on sustainability.

Spanning Hang Lung’s portfolio of properties across seven cities in mainland China, the partnership engages 26 LVMH brands occupying over 90 retail spaces with a lettable floor area in excess of 27,000 sq. m. It will bring Hang Lung and LVMH together with a clear focus on five key areas: Climate Resilience, Resource Management, Wellbeing, Sustainable Transactions, and Sustainability Communication, Events and Progress Reviews. With plans to engage the employees and suppliers of both Groups, the partnership will run to the end of 2025, and is expected to be renewed thereafter.

Mr. Adriel Chan, Hang Lung Properties Vice Chair and Chair of Sustainability Steering Committee, said: “Hang Lung and LVMH are excited to launch this groundbreaking partnership, leveraging our strategic relationship to help ensure a sustainable future for the world, while providing unique experiences to our customers. Although Hang Lung already has ambitious ESG goals and targets, the partnership with LVMH takes our sustainability agenda to the next level, demonstrating how landlords and tenants can work creatively together for the greater good. We are confident that the partnership will make a positive impact in support of China’s goals to peak its carbon emissions by 2030 and to reach carbon neutrality by 2060. I have always held that one of the great things about sustainability is that it is a positive-sum game. To this point, Hang Lung and LVMH have made explicit in our agreement that we encourage one another to work with other tenants and other landlords to further the sustainability agenda, and so we welcome the proliferation of these types of agreements going forward.”

“The design of our stores, like that of our products, is inspired by LVMH’s core values of creativity, innovation and excellence. And this of course means guaranteeing the environmental performance of our over 5,550 stores around the world. We are thus delighted with the unprecedented scope of this agreement with Hang Lung Properties. Our collaboration will allow us to expand our environmental commitments, especially with regards to climate,” stated Mr. Antoine Arnault, LVMH Image and Environment.

The first major event under the partnership is a Real Estate & Climate Forum on November 24 and 25, 2022. The forum will bring together changemakers who will formulate ideas for actions in 12 areas, ranging from energy efficiency and circularity to social impact. Further details about the partnership and its inaugural forum will be announced in due course.Hashtag: #HangLungProperties #LVMH

About Hang Lung Properties

Hang Lung Properties Limited (SEHK Stock Code: 00101) creates compelling spaces that enrich lives. Headquartered in Hong Kong, Hang Lung Properties develops and manages a diversified portfolio of world-class properties in Hong Kong and the nine Mainland cities of Shanghai, Shenyang, Jinan, Wuxi, Tianjin, Dalian, Kunming, Wuhan and Hangzhou. With its luxury positioning under the “66” brand, the company’s Mainland portfolio has established its leading position as the “Pulse of the City”. Hang Lung Properties is recognized for leading the way in enhanced sustainability initiatives in real estate as it pursues sustainable growth by connecting customers and communities.

At Hang Lung Properties – We Do It Well.

For more information, please visit .

LVMH

LVMH Moët Hennessy Louis Vuitton is represented in Wines and Spirits by a portfolio of brands that includes Moët & Chandon, Dom Pérignon, Veuve Clicquot, Krug, Ruinart, Mercier, Château d’Yquem, Domaine du Clos des Lambrays, Château Cheval Blanc, Colgin Cellars, Hennessy, Glenmorangie, Ardbeg, Belvedere, Woodinville, Volcán de Mi Tierra, Chandon, Cloudy Bay, Terrazas de los Andes, Cheval des Andes, Cape Mentelle, Newton, Bodega Numanthia, Ao Yun, Château d’Esclans, Château Galoupet and Joseph Phelps. Its Fashion and Leather Goods division includes Louis Vuitton, Christian Dior, Celine, Loewe, Kenzo, Givenchy, Fendi, Emilio Pucci, Marc Jacobs, Berluti, Loro Piana, RIMOWA, Patou. LVMH is present in the Perfumes and Cosmetics sector with Parfums Christian Dior, Guerlain, Parfums Givenchy, Kenzo Parfums, Perfumes Loewe, Benefit Cosmetics, Make Up For Ever, Acqua di Parma, Fresh, Fenty Beauty by Rihanna, Maison Francis Kurkdjian and Officine Universelle Buly. LVMH’s Watches and Jewelry division comprises Bulgari, Tiffany & Co., TAG Heuer, Chaumet, Zenith, Fred and Hublot. LVMH is also active in selective retailing as well as in other activities through DFS, Sephora, Le Bon Marché, La Samaritaine, Groupe Les Echos, Cova, Le Jardin d’Acclimatation, Royal Van Lent, Belmond and Cheval Blanc hotels.

Citi Sponsors NGO Internship for Local Business Students

Nurturing Future Business Leaders by Broadening Their Understanding of Community Needs

HONG KONG SAR – Media OutReach – 25 October 2022 – For the 12th year running, 77 business students from 10 local universities participated in the Citi-HKCSS Community Intern Program (CIP) and completed internships at 40 local NGOs (non-governmental organizations). The program equips the students with a better understanding of the non-profit sector and the needs of the local community. The participating NGOs agreed that the student internships were invaluable in enhancing their daily operations and event implementation, and helping mobilize their marketing and resources.

Sponsored and organized by Citi and co-organized by the Hong Kong Council of Social Service (HKCSS), CIP aims to support the development of Hong Kong’s future business leaders into more caring and responsible individuals through a broadened understanding of the needs and challenges of the community, and the ideals of CSR (corporate social responsibility). Since its launch in 2010, more than 900 students have benefited from the program.

Officiating at the Recognition Ceremony held today were Ms. Wendy Hu, Managing Director of Citi Private Bank, and Mr. Chua Hoi Wai, Chief Executive of the Hong Kong Council of Social Service.

At the ceremony, Ms. Wendy Hu said: “We are delighted to see the highly positive experience the collaboration gives to NGOs and students alike, not only raising awareness of social-economic issues but also sustaining the future development of these organizations. Congratulations to the 77 students for the enthusiasm, effort and dedication they brought to their internships. I hope they will carry with them the enhanced awareness they gained from this experience wherever their careers take them.”

Mr. Chua Hoi Wai said: “I am grateful to Citi, the universities and NGOs for their continuous support for CIP in providing internship and training opportunities to nurture young talent. The ceremony today not only marks the completion of the internship program but also represents students’ commitment to serving society. I believe all the participating students can now contribute and create value for our society by capitalizing on the experience of their past three months in CIP.”

Four participants were awarded the “Grand Award for Excellence” in recognition of their outstanding performance during the internships. They were: Li So Sin from the Hong Kong Polytechnic University and Lai Wing Yan from Hong Kong Baptist University who interned at Hong Kong Lutheran Social Service – Luen Wo Market House of Urban and Rural Living; and Cheung Wai Yin from the University of Hong Kong and Lo Chui Yuen from the Chinese University of Hong Kong who interned at HandsOn Hong Kong Limited.

One of these awardees, Lo Chiu Yuen of the Chinese University of Hong Kong, said: “With the trust of HandsOn Hong Kong, I had the opportunity to utilize business concepts to solve social issues. During my internship, I helped refine their strategy on organizing volunteer work through conducting research and preparing infographics about social reality in Hong Kong. With the visual aids created, corporates can see what local social resources are available and how they can empower the community to support the needy with HandsOn. This is a meaningful experience during which I could acquire in-depth knowledge of social issues, as well as apply my own knowledge to contribute to society.”

The internships took place between July and August 2022. The 77 interns worked in pairs to contribute their business knowledge and skill sets to assist their assigned NGOs in various projects including branding, resources development and fundraising, daily operations, event management and system development. Participants were given 20 hours of in-depth training to prepare them for working with the NGOs and to enrich their knowledge of pressing community issues such as the poverty gap and aging population, as well as environmental conservation. The training comprised seminars on CSR and cross-sector partnerships; visits to non-profits and social enterprises; opportunities to interact with various underprivileged groups; and volunteering activities.

Press HERE to download the high-resolution photos.

  1. (Fifth from the left on the first row) Mr. Chua Hoi Wai, Chief Executive of the Hong Kong Council of Social Service (HKCSS) and (sixth from the left on the first row) Ms. Wendy Hu, Managing Director of Citi Private Bank, with representatives of business schools from Hong Kong universities, representatives from placement NGOs, and interns.
  2. Ms. Wendy Hu, Managing Director of Citi Private Bank (first right) and Mr. Chua Hoi Wai, Chief Executive of the Hong Kong Council of Social Service (HKCSS) (first left), pictured with the student teams who won the “Grand Award for Excellence”, alongside representatives of the NGOs.

Hashtag: #Citi

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

About Citi

Citi is a pre-eminent banking partner for institutions with cross-border needs, a global leader in wealth management and a valued personal bank in its home market of the United States. Citi does business in more than 160 countries and jurisdictions, providing corporations, governments, investors, institutions and individuals with a broad range of financial products and services.

Additional information may be found at | Twitter: | YouTube: | Blog: | Facebook: | LinkedIn:

About HKCSS

The HKCSS is an umbrella organisation of 500 agency members that provide over 90% of the social welfare services in Hong Kong. HKCSS launched the Caring Company Scheme in 2002 to build a cohesive society by promoting strategic partnership among business and social service partners and inspiring corporate social responsibility through caring for the community, employees and the environment. HKCSS puts much effort into building capacity for social enterprises through the Social Enterprise Business Centre (SEBC) to advance social entrepreneurship and mobilize social innovation.

Additional information may be found at | Facebook:

Cambodia, Vietnam Pave the Way for ASEAN Comeback in Covid Recovery

Laos begins vaccinations against Covid-19

A Covid-19 recovery index published by Nikkei Asia places Cambodia and Vietnam in 4th and 8th position respectively in a list that features 121 countries.

“HolyShxxt!! Blockchain World Cup 2022” Kicks Off

Grab your NFT on 27 October to join the first NFT football management simulation GameFi for winning tickets to the Premier League with travel allowance

HONG KONG SAR – Media OutReach – 25 October 2022 – Get ready for the football frenzy on blockchain as Hong Kong NFT & Blockchain game developer HolyShxxt!! debuts the first NFT football management simulation GameFi – “HolyShxxt!! Stadium”. Holders of “HolyShxxt!!” NFTs can either take part as “Manager” or “Agent” to join the game for various prizes and souvenirs. As the FIFA World Cup Qatar 2022 rolls out, holders can put their NFTs in the first-ever “HolyShxxt!! Blockchain World Cup 2022”, to be kicked off on 31 October, for winning tickets to the Premier League with travel allowance or PlayStation®5 with FIFA 2022 game!

Inspired by the popular game series “Football Manager”, HolyShxxt!! just launched the first-ever Blockchain GameFi platform “HolyShxxt!! Stadium”, which gives an additional level of value and excitement to their NFTs by allowing its holders to register as Manager or Agent and put their collection as football players in the “play-and-earn” blockchain game.

“HolyShxxt!! Blockchain World Cup 2022” will take place between 31 October to 17 December. Based on the ranking and other attributes, game tokens “Key0Coin” will be awarded to the holder of each participating player. The grand prize – tickets to the Premier League with travel allowance or PlayStation® 5 with FIFA 2022 game will be given to one of the members in the champion club under random basis with reference to the number of players they placed in the team. Rest of the participating agents of the winning team will also receive HolyShxxt!! collectibles or NFT airdrop from HolyShxxt!!.

In order to spread the excitement of this blockchain football management Game-Fi, HolyShxxt!! is opening its NFTs for public mint again on 27 October at 0.13 ETH each. Special price of 0.05ETH per NFT is offered to the existing HolyShxxt!! NFT holders, while the Elite members and whitelist holders will enjoy the special price of 0.1 ETH. The team is also planning to mint a 2D version of HolyShxxt!! NFTs to the holders for free in 2023.

“It is thankful and thrilled to bring ‘HolyShxxt!! Stadium’ to life.” Founder and initiator LCM said. “The game is going to create a big community for friends who love NFTs, Game-Fi and football in the arena of HolyShxxt!!.” HolyShxxt!! will be launching more arts projects and merchandise, such as animation, fashion items and player figures. NFT holders can redeem the items they love or purchase special edition NFTs, such as the upcoming “Bored Ape HolyShxxt!! NFTs”, with the “Key0Coin” they own.

The team is also planning to launch a public version of “HolyShxxt!! Stadium”, so as to let non-NFT holders to enjoy the fun. The income to be generated from this public game will be shared partially with the agents of “HolyShxxt!! Stadium”.

Against the headwind of the slow-down of Crypto and NFT market this year, HolyShxxt!! team managed to launch the game successfully. At the game debut party at the SHOUT Contemporary gallery at The ELEMENT earlier, the development team expressed their gratitude to the love and support of their active members, collectors, and players. Over a hundred of passionate fans and special guests attended the party, including actresses Yanny Chan Wing-yan and Kelena Poon Kit-ning, Hong Kong professional football player Philip Chan Siu-kwan, former players Leslie George Santos and Au Wai-lun.

Hashtag: #HolyShxxt

About HolyShxxt!!

HolyShxxt!! aims to build an enthusiastic and loyal community for like-minded with no geographic, cultural or language boundaries. We are a team that believes in the infinite potential of blockchain and NFT related applications and hope to establish a stable platform tox create values for digital assets and cryptocurrencies.

Website
Instagram
Discord

Citibank Announces 2022 Citi Tax Season Loan

Annualized Percentage Rate as low as 1.78%1

HONG KONG SAR – Media OutReach – 25 October 2022 – Citibank announces the launch of 2022 Citi Tax Season Loan, available for same day approval and same day loan disbursement2. Selected customers can enjoy Annualized Percentage Rate (“APR”) as low as 1.78%1. Upon successful application of 2022 Citi Tax Season Loan during promotion period, customers can enjoy up to HK$10,000 cash coupon reward3.

Features of Citi Tax Season Loan

  • Same day approval and same day loan disbursement2
  • APR as low as 1.78%1
  • Loan amount up to HK$2,000,000 or 12 times of monthly salary, whichever is lower
  • Repayment term up to 60 months4
  • Enjoy up to HK10,000 cash coupon reward3
  • HK$0 handling fee

Eligible customers5 who successfully apply for the Citi Tax Season Loan from today to December 31, 2022 and draw down a specific loan amount with a repayment term of 12 months or above on or before January 14, 2023 can enjoy up to HK$10,000 cash coupon reward3. The higher the loan amount, the more cash coupon rewards there will be. Please refer to the table below for details:

Loan Amount (HK$) Repayment Term Cash Coupon Reward (HK$)
Citigold Private Client (CPC)/ Citigold / Citi ULTIMA cardholders6 Other customers
$1,500,000
or above
More than 24 months $10,000 $4,000
12 to 24 months $5,000 $2,500
$800,000
to $1,499,999
More than 24 months $5,000 $3,000
12 to 24 months $2,500 $2,000
$300,000
to $799,999
More than 24 months $3,000 $2,000
12 to 24 months $1,500 $1,000
$100,000
to $299,999
More than 24 months $1,000 $700
12 to 24 months $800 $500

Terms and conditions apply. Please visit www.citibank.com.hk/taxloan, Citi Mobile® App, Citibank branches or call 2963 6413 to apply.

To borrow or not to borrow? Borrow only if you can repay!

Remarks:

  1. The Annualized Percentage Rate (“APR”) of as low as 1.78% is calculated based on the monthly flat rate 0.080% with loan amount of HK$1,500,000 and repayment tenor of 12 months. APR is calculated based on the guidelines as set out in the Code of Banking Practice and rounded up to the nearest two decimal places. Interest is calculated on the basis of 365 days per year. The actual APR applicable may differ, which is to be considered on a case-by-case basis in accordance with customer’s profile. An APR is a reference rate which includes the basic interest rate and other fees and charges of a product expressed as an annualized rate.
  2. Same day approval and same day loan disbursement is only applicable to selected customers who successfully submit the required documents together with a filled in application form before 10am of that working day (Monday to Friday). Actual approval and loan disbursement time may differ based on the information provided.
  3. A cash coupon redemption letter (if applicable) will be mailed to the Eligible Customers’ Hong Kong correspondence address according to The Bank’s record on or before March 31, 2023.Only applicable to customers who do not hold any Personal Loan account offered by Citibank (Hong Kong) Limited at the time of application.
  4. Citi Tax Season Loan’s repayment term is from 6 to 60 months.
  5. Citibank Personal Loan account of Eligible Customers must be valid and in good condition without any late payment or early repayment, otherwise The Bank reserves the right to forfeit the eligibility of an Eligible Customer to participate in this promotion and the Eligible Customer shall immediately repay to The Bank full amount of Reward under this promotion.
  6. The Offer for Citigold Private Client/ Citigold Client or Citi ULTIMA cardholder is only applicable to the applicant who fulfill the following requirement from the date of application to the issue date of redemption letter (both dates inclusive):
    – Citigold Private Client should maintain the account balance at HK$8,000,000 or above, Citigold Client should maintain the account balance at HK$1,500,000 or above and Citi ULTIMA cardholder needs to hold the Citi ULTIMA card.
  7. In the event of discrepancy or inconsistency between this English version of the terms and conditions and the Chinese version, the English version shall prevail.

Hashtag: #Citibank

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

Evnia, a new range of Philips monitors and accessories to reinvent the rules of gaming

SINGAPORE – Media OutReach – 25 October 2022 – The gaming industry has come a long way. From its simple, two-dimensional debut in the 1970s and 80s, gaming has kept pace with the rapid evolution of digital technology, rising to become not just a form of entertainment but a truly immersive sensorial experience with uniquely powerful appeals. Increasingly, modern gamers expect a brand that reflects the diversity of their tastes and desires while their identities are embraced. In light of this, MMD, the leading display specialist and brand license partner for Philips monitors, is delighted to announce the launch of Evnia.

Caption


One voice for all

The word Evnia (Greek: Εύνοια) consists of eu (good) and nous (mind), which literally means “well mind” and “smart thinking”. Evnia is used as a word to show interest to support and protect someone or something. It’s often used in the context of luck. Everyone can be a gamer, and Evnia, true to the name, supports the joy of gaming for all.

The definition of a typical gamer is more diverse than ever – however, the stereotype that gaming is only for teenagers is still the norm. The need for a welcoming community required a brand that could embrace every gamer, making them feel truly part of the group. Starting from its unique design, Evnia differentiates from the crowd of spec-only-driven aggressive models, bringing back the joy and fun of gaming, keeping emotional benefits at the core.

“Philips Monitors believes that the joy of gaming should be accessible to everyone. Our goal for Evnia is to provide today’s gamers, in all their diversity, with the monitors and accessories they need to get the most enjoyment out of every gaming session, whether in terms of performance, graphics, or overall user experience. Evnia, true to the name, encourages gamers to bring their most genuine selves to their sessions and to reconnect with the original purpose of gaming.” -Xeni Bairaktari, Global Marketing Lead and Senior Brand Manager EU at MMD Monitors & Display

The Evnia range reflects its mantra: “Reinvent the rules”. Far from the known gaming stereotype, Evnia adds freshness, premium and elegance to the mixture. From product lines to Ambiglow lights, it prioritizes emotional benefits as well as technical advantages. The sophisticated design fits every environment, being a perfect addition to the furnishing of a casual gamer lounge or a proper PC gaming set-up.

First model available: Philips Evnia 34M2C7600MV

Philips Evnia monitors are every gamer’s dream come true. The range’s stylish design will match any interior décor, while its generous displays invite gamers to get into the game. The first Evnia model to be released, the curved Philips Evnia 34M2C7600MV monitor, ensures an almost cinematic experience with UltraWide Quad HD 3440 x 1440 resolution and HDR 1400. The monitor’s mini-LED backlighting with 1,152 zones allows enhanced control of the lighting and contrast ratio for deeper blacks and brighter whites. Ambiglow adds to an all-around immersion in the game. The visual performance is matched by its gaming features – With a 165Hz refresh rate, ultra-low input lag, and Adaptive-Sync, even the most action-packed games are sure to be smooth and fluid.

Comfort is always a priority for Philips Monitors, and the Evnia range is no exception. The Philips Evnia 34M2C7600MV offers great flexibility with complete connectivity of USB-C ports as well as KVM and height-adjustable stand to adapt to users’ preferences and ensure gaming sessions that are a pleasure for the mind and the body.

The Evnia monitors range starting with this launch will see in the future further performance-driven products with models: 42M2N8900 (42″ OLED flat screen), 34M2C8600 (34″ QD OLED curved screen) and 27M2C5500W (27″ VA curved screen). The offer will be completed with innovative and stylish accessories: Two keyboards (SPK8508 and SPK8708), two mice (SPK9508 and SPK9708) and two headsets (TAG5208 and TAG7208).

Join us in the new era of gaming.

Pricing and availability

The Philips Evnia 34M2C7600MV will be available in Asia-Pacific region for purchase from 2023 onward.

More information on the Philips Evnia range: https://www.evnia.philips

For product images: Download link

Hashtag: #PhilipsMonitors

About MMD

MMD-Monitors & Displays Holding B.V. (‘MMD’), registered in the Netherlands, with their head offices in Amsterdam, is a wholly owned company of TPV Technology Limited (‘TPV’), which is one of the world’s leading monitor and LCD TV manufacturers.

MMD-Monitors & Displays Holding B.V. (‘MMD’) exclusively markets and sells Philips-branded LCD displays worldwide under trademark license by Koninklijke Philips N.V. By combining the Philips brand promise with TPV’s manufacturing expertise in displays, MMD uses a fast and focused approach to bringing innovative products to market.

About Philips Monitors

Philips was founded as far back as 1891 in the Netherlands, and has since engaged in more than a century of innovation and entrepreneurship.

Thanks to the company developing timeless business values, Philips has become one of the most highly recognized and trusted brands in the world today. This comes from a tradition of caring about people’s needs, innovating based on ever-changing insights, and working to make a positive change in people’s lives – traditions as meaningful now as they were in the company’s beginnings.

Philips monitors stand for excellent picture quality, and providing innovative solutions to problems people really care about. To reflect this Philips commitment, Philips has created the slogan: ‘Innovation and You’. – See more at

Hong Kong Baptist University-led research identifies Salvia miltiorrhiza extract as potential preventive agent for gastric cancer induced by bile reflux

HONG KONG SAR – Media OutReach – 25 October 2022 – Research led by the School of Chinese Medicine at Hong Kong Baptist University (HKBU) has identified cryptotanshinone, a compound extracted from the Chinese herbal medicine Salvia miltiorrhiza, with the potential for the treatment and prevention of gastric cancer associated with bile reflux. The researchers unveiled the mechanism of how bile reflux induces gastritis and gastric cancer. They explained that refluxed bile acids (BAs) lead to the proliferation of pro-inflammation bacteria that promote gastric carcinogenesis, the formation of cancer.

Professor Jia Wei, Associate Dean (International Collaboration) of Chinese Medicine and Cheung On Tak Endowed Professor in Chinese Medicine at HKBU, has identified cryptotanshinone with the potential for the treatment and prevention of gastric cancer associated with bile reflux.

Professor Jia Wei, Associate Dean (International Collaboration) of Chinese Medicine and Cheung On Tak Endowed Professor in Chinese Medicine at HKBU, has identified cryptotanshinone with the potential for the treatment and prevention of gastric cancer associated with bile reflux.

The research findings have been published in the international scientific journal Advanced Science.

Role of bile reflux in gastric cancer unclear

Bile, secreted by the liver, is stored in the gallbladder and is released to the duodenum to help digest fat. When the pylorus connecting the stomach and the duodenum is damaged or fails to work properly, bile in the duodenum can enter the stomach, causing gastritis. People with stomach surgery complications, peptic ulcers or gallbladder removal surgery have higher risks of bile reflux. However, the mechanism of how bile reflux induces gastric carcinogenesis remains unclear.

Professor Jia Wei, Associate Dean (International Collaboration) of Chinese Medicine and Cheung On Tak Endowed Professor in Chinese Medicine at HKBU, in collaboration with researchers from Shanghai Jiao Tong University Affiliated Sixth People’s Hospital, conducted a study on how bile reflux induces gastric carcinogenesis, and looked for new prevention and therapeutic approaches.

Professor Jia said: “We unveiled for the first time the underlying mechanism by which bile reflux promoted the development of gastric carcinogenesis. It offers important clinical insights on the development of novel prevention and therapeutic approaches for the disease. Based on the newly discovered mechanism, we identified cryptotanshinone as a potential Chinese medicine-based pharmaceutic agent for the prevention and treatment of gastric carcinogenesis due to bile reflux.”

Bile reflux alters gastric environment

The research team analysed the gastric juice samples of 50 patients with bile reflux gastritis (BRG group), 50 patients with gastric cancer (GC group) and 45 subjects in the control group using chromatography and mass spectrometry techniques. It was found that the amounts of BAs, the major component of bile, in the gastric juice samples of BRG and GC groups are significantly higher than in the control group. Furthermore, the acidities of gastric juice samples of the BRG group (pH value about 3.5) and the GC group (pH value about 4) are drastically lower than in the control group (pH value about 2).

The phenomenon is explained by the fact that BAs are weak acids compared with strong gastric acid, and their influx into the stomach changed the gastric environment by upsetting the normal acid-base balance of the gastric juice. Further investigation found that a specific type of BA, called taurodeoxycholic acid (TDCA), showed a strong positive correlation with pH value of gastric juice samples of the BRG and GC groups.

Previous studies showed that bile reflux is closely related to chronic gastric inflammation and gastric carcinogenesis. The researchers thus examined the concentrations of lipopolysaccharide (LPS), a pro-inflammation cytokine, in the gastric juice of the 145 subjects above, and found that the BRG and GC groups have LPS concentrations significantly higher than those of the control group.

Change in microbiota associates with gastric carcinogenesis

As LPS is produced and found in the outer membrane of certain kinds of bacteria, the researchers applied gene sequencing and other techniques and confirmed that LPS-producing bacteria are significantly more abundant in the gastric juice of BRG and CG groups compared to the control group. Among these LPS-producing bacteria, a species called P. melaninogenica had the highest relative abundance.

From these experimental results, it is suggested that bile reflux induces significant changes in the gastric environment, alters the gastric microbiota, and results in the development of gastritis and gastric carcinogenesis. The hypothesis was tested with a series of in vitro and in vivo experiments in mice, which confirmed that application of TDCA and LPS promotes gastric epithelial cell proliferation, and induces gastric inflammation. Cellular and molecular analysis revealed that P. melaninogenica promoted gastric inflammation in mice by activating the IL-6/JAK1/STAT3 pathway, a chain of interactions between proteins in a cell involved in processes such as immunity, cell division, cell death, and tumour formation.

Cryptotanshinone as potential pharmaceutic agent

After unveiling the mechanism of bile reflux-induced gastric cancer, the researchers turned to explore a corresponding preventive and therapeutic approach. They focused on cryptotanshinone, a bioactive compound isolated from the roots of Salvia miltiorrhiza, which is a Chinese herbal medicine that facilitates blood circulation with an anti-inflammatory effect. Cryptotanshinone is also known as an inhibitor of the STAT3 signaling pathway in cells.

The researchers tested the effects of cryptotanshinone with a bile reflux mouse model developed through surgery. In a group of eight mice without application of cryptotanshinone, three mice developed gastric lesions 50 weeks after surgery. However, in another group of six mice injected with cryptotanshinone, no obvious gastric lesions were observed. The results suggested that cryptotanshinone has abolished the effects of TDCA and LPS in activating the IL-6/JAK1/STAT3 pathway.

“Based on the research findings, it can be concluded that cryptotanshinone is a potential Chinese medicine-based pharmaceutic agent for the prevention and treatment of gastric carcinogenesis due to bile reflux. It provides an alternative strategy for the development of medication which targets on the newly discovered mechanism of how bile reflux induces gastric carcinogenesis,” said Professor Jia.

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