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Cboe Completes Sale of Cboe Australia to TMX Group

CHICAGO, Aug. 3, 2026 /PRNewswire/ — Cboe Global Markets, Inc. (Cboe: CBOE), a leading global markets operator and pioneer in equity and index derivatives, today announced it has completed the sale of Cboe Australia (now TMX Australia Exchange) to TMX Group Limited (TMX Group).

“Over the past year, Cboe has taken decisive steps to refocus our business, concentrate resources on our core strengths and invest in our most compelling growth opportunities. The sale of Cboe Australia is a part of that strategy, allowing us to further align our organization and capital with our long-term priorities,” said Prashant Bhatia, EVP, Head of Enterprise Strategy & Corporate Development at Cboe. “Looking ahead, Cboe remains committed to maintaining a strong presence in Asia Pacific – a strategically important region where demand for Cboe’s U.S. equities, derivatives, market data and educational offerings continues to accelerate.”

Cboe’s planned sale of Cboe Canada to TMX Group, announced in April alongside its planned sale of Cboe Australia, is expected to close at a later date, subject to local regulatory approvals and customary closing conditions.

About Cboe Global Markets

Cboe Global Markets (Cboe: CBOE) is a leading global markets operator with a long history of innovation in equity and index derivatives. Since launching the world’s first listed options exchange in 1973, Cboe has pioneered landmark products, including the introduction of S&P 500® index options and the creation of the VIX® Index, the world’s leading gauge of market volatility, reshaping how investors manage risk and access opportunity. Today, Cboe operates derivatives, equities, and FX markets, providing trading, clearing, and investment solutions for customers worldwide. To learn more, visit www.cboe.com.

Cboe Media Contacts

Cboe Analyst Contact

Angela Tu

Tim Cave

Kenneth Hill, CFA

+1-646-856-8734

+44 (0) 7593-506-719

+1-312-786-7559

atu@cboe.com 

tcave@cboe.com

khill@cboe.com 

CBOE-C
CBOE-OE

Cboe®, Cboe Global Markets®, and VIX ® are registered trademarks or service marks of Cboe Exchange, Inc and S&P 500® is a registered trademark of Standard & Poor’s Financial Services LLC. All other trademarks and service marks are the property of their respective owners. 

Cautionary Statements Regarding Forward-Looking Information

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve a number of risks and uncertainties. You can identify these statements by forward-looking words such as “may,” “might,” “should,” “expect,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “potential” or “continue,” and the negative of these terms and other comparable terminology. All statements that reflect our expectations, assumptions or projections about the future other than statements of historical fact are forward-looking statements. These forward-looking statements, which are subject to known and unknown risks, uncertainties and assumptions about us, may include projections of our future financial performance based on our growth strategies and anticipated trends in our business. These statements are only predictions based on our current expectations and projections about future events. There are important factors that could cause our actual results, level of activity, performance or achievements to differ materially from those expressed or implied by the forward-looking statements.

We operate in a very competitive and rapidly changing environment. New risks and uncertainties emerge from time to time, and it is not possible to predict all risks and uncertainties, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements.

Some factors that could cause actual results to differ include: the loss of our right to exclusively list and trade certain index options and futures products; economic, political and market conditions; compliance with legal and regulatory obligations; price and new products and services competition and consolidation in our industry; decreases in trading or clearing volumes, market data fees or a shift in the mix of products traded on our exchanges; legislative or regulatory changes or changes in tax regimes; our ability to protect our systems and communication networks from security vulnerabilities and breaches; our ability to attract and retain skilled management and other personnel; increasing competition by foreign and domestic entities; our business and operational dependence on and exposure to risk from third parties; factors that impact the quality and integrity of our and other applicable indices; our ability to manage our global operations, growth, and strategic acquisitions, wind downs, divestitures, or alliances effectively; increases in the cost of the products and services we use; our ability to operate our business without violating the intellectual property rights of others and the costs associated with protecting our intellectual property rights; our ability to minimize the risks, including our credit, liquidity, market, investment, counterparty, and default risks, associated with operating our  clearinghouses; our ability to accommodate trading and clearing volume and transaction traffic, including significant increases, without failure or degradation of performance of our systems; misconduct by those who use our markets or our products or for whom we clear transactions; challenges to our use of open source software code; our ability to meet our compliance obligations, including managing our business interests and our regulatory responsibilities; the loss of key customers or a significant reduction in trading or clearing volumes by key customers; damage to our reputation; the ability of our compliance and risk management methods to effectively monitor and manage our risks; restrictions imposed by our debt obligations and our ability to make payments on or refinance our debt obligations; our ability to maintain an investment grade credit rating; impairment of our goodwill, long-lived assets, investments or intangible assets; the accuracy of our estimates and expectations; and litigation risks and other liabilities. More detailed information about factors that may affect our actual results to differ may be found in our filings with the SEC, including in our Annual Report on Form 10-K for the year ended December 31, 2025 and other filings made from time to time with the SEC.

We do not undertake, and we expressly disclaim, any duty to update any forward-looking statement whether as a result of new information, future events or otherwise, except as required by law. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof.

New Chemotherapy-Free Immunotherapy Combination for Follicular Lymphoma Listed on the PBS

  • Minjuvi® (tafasitamab), in combination with rituximab and lenalidomide, is the first and only chemotherapy-free CD19 and CD20 dual-targeted immunotherapy combination regimen listed on the Pharmaceutical Benefits Scheme (PBS) for adults with relapsed or refractory follicular lymphoma (R/R FL) (Grade 1-3a).[1],[2]
  • In the pivotal Phase 3 inMIND clinical trial, patients with R/R FL receiving the Minjuvi combination regimen experienced a significant improvement in progression-free survival, with a 57% reduction in the risk of disease progression, relapse or death, compared with placebo plus lenalidomide and rituximab.[3]
  • Follicular lymphoma is the second most common non-Hodgkin lymphoma (NHL), with over 10,000 Australians living with the disease and approximately 1,500 Australians diagnosed each year.[4],[5]

SINGAPORE, Aug. 2, 2026 /PRNewswire/ — Independent biopharmaceutical company Specialised Therapeutics (ST) is pleased to announce the listing of Minjuvi® (tafasitamab), in combination with rituximab and lenalidomide, on the Pharmaceutical Benefits Scheme (PBS) for the treatment of Australian adults with relapsed or refractory follicular lymphoma (R/R FL) (Grade 1-3a).[1] This milestone follows the Australian registration of Minjuvi for R/R FL by the Therapeutic Goods Administration (TGA) in April 2026, via the Project Orbis process.[6]

The PBS listing of Minjuvi marks the availability of the first and only chemotherapy-free CD19 and CD20 dual-targeted immunotherapy combination regimen funded in Australia for this group of patients.[1],[2] Effective 1 August 2026, eligible patients with FL who have experienced relapses or disease progression on existing therapies will now have equitable access to a new treatment option for this difficult-to-treat condition.[1]

“As the first new therapy to be reimbursed on the PBS for R/R FL in nine years, we are extremely proud to have partnered with Incyte to bring Minjuvi to Australia,” said Carlo Montagner, ST Chief Executive Officer. “After securing TGA registration for Minjuvi in R/R FL earlier this year, we have been focused on expediting PBS listing to ensure eligible Australian patients could have subsidised access to a new treatment option that may help lower the risk of disease progression, relapse or death, without delay.”

ST entered into an exclusive distribution agreement with Incyte (NASDAQ:INCY) in 2021 to commercialise Minjuvi in Australia, New Zealand and Singapore.

Minjuvi is a CD19 targeting immunotherapy that works within a patient’s immune system to help find and eliminate malignant B-cells.[7] In combination with rituximab and lenalidomide, Minjuvi delivers a complementary immune-mediated approach that helps control disease progression and supports improved long-term outcomes for patients with follicular lymphoma.[7]

The PBS reimbursement underscores the growing recognition of innovative immunotherapy-based treatment strategies in follicular lymphoma and reinforces ST’s commitment to improving access to life-changing therapies for patients across the Asia-Pacific region.

“While follicular lymphoma can be a slow-growing disease that usually responds well to the first treatment, most patients are not cured. Many patients experience frequent relapses and require multiple therapies over their lifetime, which become progressively less effective, especially for those whose disease comes back soon after initial chemotherapy treatment,” said Associate Professor Philip Thompson, Clinical Haematologist at the Peter MacCallum Cancer Centre and Royal Melbourne Hospital in Melbourne. “Today’s PBS listing announcement is welcome news for the Australian clinical and patient community, providing us with a new, chemotherapy-free immunotherapy treatment for R/R FL.”

Minjuvi is administered via intravenous (IV) infusion in a clinic or hospital setting.[7] Patients with R/R FL receive up to 12 treatment cycles of Minjuvi, along with oral lenalidomide capsules, while rituximab is delivered intravenously for the first five cycles.[7]

“Knowing that a chemotherapy-free immunotherapy is now funded by the PBS is an important development for the follicular lymphoma community,” said Sharon Winton, Chief Executive Officer of Lymphoma Australia. “As patients manage the challenges of recurring disease, this new treatment milestone offers a valuable option that is deeply meaningful to them and their families.”

The PBS listing of Minjuvi for R/R FL means these patients will now have equitable access to a new targeted immunotherapy combination treatment when they need it. It is important that patients with R/R FL speak with their doctor to understand the most suitable treatment option available for them.

For further details on Minjuvi, contact your healthcare professional and please refer to the approved Australian Consumer Medicine Information or Product Information available from the TGA website.

PBS Information:

This medicine is listed on the Pharmaceutical Benefits Scheme (PBS) — AUTHORITY REQUIRED. Refer to the PBS Schedule www.pbs.gov.au for full authority information.

Important Safety Information on Minjuvi[7]

Minjuvi should be administered to patients with an active infection only if the infection is treated appropriately and well controlled. Patients with a history of recurring or chronic infections may be at increased risk of infection and should be monitored appropriately. Patients should be advised to contact their healthcare professionals if fever or other evidence of potential infection, such as chills, cough or pain on urination, develops.

Treatment with Minjuvi in combination with lenalidomide and/or rituximab should not be initiated in female patients unless pregnancy has been excluded. In the inMIND study, the most common adverse reactions were infections (68%), including viral infections (41%) and bacterial infections (27%); neutropenia (57%), rash (36.4%), asthenia (34.9%), pyrexia (19%), thrombocytopenia (17%), anaemia (17%), infusion related reaction (15.9%), pruritus (15.6%), and headache (10.4%). The most common serious adverse reactions were infections (26%), including viral infections (13%) and bacterial infections (6%), febrile neutropenia (2.8%), and pyrexia (1.8%).

Treatment with tafasitamab can cause serious or severe myelosuppression including neutropenia, thrombocytopenia, and anaemia. Complete blood counts should be monitored throughout treatment and prior to administration of each treatment cycle.

Ends.

About Minjuvi® (tafasitamab)

Minjuvi® (tafasitamab) is a humanised Fc-modified cytolytic CD19-targeting monoclonal antibody. Minjuvi incorporates an XmAb® engineered Fc domain, which mediates B-cell lysis through apoptosis and immune effector mechanism including Antibody-Dependent Cell-Mediated Cytotoxicity (ADCC) and Antibody-Dependent Cellular Phagocytosis (ADCP).[7] Incyte licenses exclusive worldwide rights to develop and commercialise Minjuvi from Xencor, Inc. 

In the U.S., Monjuvi® (tafasitamab-cxix) is approved by the U.S. Food and Drug Administration in combination with lenalidomide and rituximab for the treatment of adult patients with relapsed or refractory follicular lymphoma (FL). Additionally, Monjuvi received accelerated approval in the United States in combination with lenalidomide for the treatment of adult patients with relapsed or refractory DLBCL not otherwise specified, including DLBCL arising from low grade lymphoma, and who are not eligible for ASCT. 

Monjuvi is not indicated and is not recommended for the treatment of patients with relapsed or refractory marginal zone lymphoma outside of controlled clinical trials. 

In Europe, Minjuvi® (tafasitamab) received conditional Marketing Authorisation from the European Medicines Agency in combination with lenalidomide, followed by Minjuvi monotherapy, for the treatment of adult patients with relapsed or refractory DLBCL who are not eligible for ASCT. In addition, in December 2025, the EMA approved Minjuvi, in combination with lenalidomide and rituximab, for the treatment of adult patients with relapsed or refractory FL (Grade 1-3a) after at least one line of systemic therapy. 

In Japan, Minjuvi is approved in combination with lenalidomide for the treatment of adults with relapsed or refractory DLBCL. Minjuvi is also approved in combination with rituximab and lenalidomide for adult patients with relapsed or refractory FL (2L+ FL). 

In Australia, Minjuvi® (tafasitamab) is indicated in combination with lenalidomide followed by Minjuvi monotherapy for the treatment of adult patients with relapsed or refractory diffuse large B-cell lymphoma (DLBCL) who are not eligible for autologous stem cell transplant (ASCT).[7]

This medicine is included in the TGA Black Triangle Scheme. Please report suspected adverse events to the TGA.[7]

XmAb® is a registered trademark of Xencor, Inc. 

Monjuvi and Minjuvi are registered trademarks of Incyte. 

About the inMIND Study[3]

A global, double-blind, randomised, placebo-controlled Phase 3 study, inMIND (NCT04680052) evaluated the efficacy and safety of Minjuvi (tafasitamab) in combination with rituximab and lenalidomide compared with placebo in combination with rituximab and lenalidomide in patients with relapsed or refractory follicular lymphoma (FL) Grade 1 to 3a or relapsed or refractory nodal, splenic or extranodal marginal zone lymphoma (MZL). The study enrolled a total of 654 adults (age ≥18 years), including 548 participants with R/R FL. 54 Australians participated in the study across 12 local trial sites around the country.

The primary endpoint of the study is progression-free survival (PFS) by investigator assessment in the FL population, and the key secondary endpoints are PFS in the overall population as well as positron emission tomography complete response (PET-CR) and overall survival (OS) in the FL population.

The clinical trial met its primary endpoint, with the data demonstrating a statistically significant and clinically meaningful improvement in progression-free survival (PFS) in comparison to placebo added to lenalidomide and rituximab. Patients receiving Minjuvi in combination with rituximab and lenalidomide achieved a median PFS by investigator assessment of 22.4 months (95% CI, 19.2-not evaluable [NE]) compared to 13.9 months (95% CI, 11.5-16.4) in the control arm (hazard ratio [HR]: 0.43 [95% CI, 0.32-0.58]; P<0.0001). The PFS assessed by an Independent Review Committee (IRC) was consistent with investigator-based results. Median PFS by IRC was not reached (95% CI, 19.3-NE) in the Minjuvi group versus 16.0 months (95% CI, 13.9-21.1) in the placebo group (HR: 0.41 [95% CI, 0.29-0.56].

Minjuvi was generally well-tolerated, with a manageable safety profile. Safety and tolerability were comparable with the addition of Minjuvi to lenalidomide in combination with rituximab. The most common adverse reactions in the Phase 3 study (≥20%) in patients receiving Minjuvi, excluding laboratory abnormalities, were respiratory tract infections (including COVID-19 infection and pneumonia), diarrhoea, rash, fatigue, constipation, musculoskeletal pain and cough.

About Specialised Therapeutics

Founded in 2007, Specialised Therapeutics is an independent specialty pharmaceutical company, providing novel therapies and technologies to patients in Australia, New Zealand and across Southeast Asia. Headquartered in Singapore, ST partners with global pharmaceutical, biotech and diagnostic companies to bring novel healthcare opportunities to patients who are impacted by a range of diseases. ST has built a strong track record of success, navigating complex regulatory, reimbursement and commercialisation environments in its diverse regions across multiple therapeutic areas. The ST mission is to provide specialty therapies where there is an unmet need to communities that would otherwise not have ready access to such therapies. The company’s broad therapeutic portfolio currently includes novel agents in oncology, haematology, CNS, neurology, endocrinology, ophthalmology and supportive care, although it is not confined to these areas.           

Additional information can be found at www.stbiopharma.com.

REFERENCES:

[1]. Australian Government, Department of Health, Disability and Ageing. PBS Schedule: PBS Publications & Downloads [August 2026].

[2]. NCCN Clinical Practice Guidelines in Oncology. B-Cell Lymphomas. Version 3.2026.

[3]. Sehn LH, et al. Lancet. 2026 Jan 10;407(10524):133-146.

[4]. Lymphoma Australia. Types of Lymphoma: Follicular Lymphoma. [Accessed July 2026].

[5]. Australian Institute of Health and Welfare (AIHW). Cancer Data in Australia: Prevalence Data Workbook – Blood Cancer Histology. [Accessed July 2026].

[6]. Therapeutic Goods Administration. Australian Register of Therapeutic Goods (ARTG): MINJUVI (tafasitamab). [Accessed July 2026].

[7]. MINJUVI Australian Product Information. 20 April 2026.

 

AI Can Write Research Papers. But Can Researchers Trust the Citations? Wispaper Says That’s the Next Challenge for Academic AI

SINGAPORE, Aug. 2, 2026 /PRNewswire/ — Artificial intelligence has transformed academic writing. Today, researchers can summarize hundreds of papers, generate literature reviews, and even draft complete manuscripts in minutes. But as AI becomes an indispensable research tool, a new challenge is emerging: many AI-generated citations cannot be trusted.

Screenshot of the WisPaper platform homepage featuring its AI Academic Agent interface and True Cite verification system.
Screenshot of the WisPaper platform homepage featuring its AI Academic Agent interface and True Cite verification system.

Fabricated references, incorrect author names, invalid DOIs, and nonexistent journal articles have become one of the most widely recognized limitations of large language models. While AI dramatically improves writing efficiency, unreliable citations threaten the credibility of research itself.

Wispaper, an AI-powered academic research platform, believes the next generation of academic AI must solve this trust problem—not simply produce more text.

Today, the company announced its next-generation AI Research Agent, together with True Cite, a citation verification system designed to help researchers build papers on authentic, verifiable academic sources instead of AI-generated references.

Unlike conventional AI writing assistants that focus on content generation, Wispaper is built around the complete research process. The platform helps researchers discover research gaps, explore hypotheses, organize literature, and develop stronger scientific arguments before writing begins. Throughout this workflow, True Cite enables users to verify references against real academic publications, helping reduce the risk of citation hallucinations while improving research reliability.

“Everyone is talking about how fast AI can write,” said a Wispaper spokesperson. “We believe the more important question is whether researchers can trust what AI produces. Scientific progress depends on evidence, and evidence begins with trustworthy sources.”

As AI adoption accelerates across universities and research institutions, expectations for academic AI are evolving. Researchers are no longer looking only for writing assistants—they need AI systems that support scientific reasoning while maintaining academic integrity.

By combining reasoning-first research workflows with citation verification, Wispaper aims to redefine the role of AI in academia—from a text generator to a trusted research partner.

About WisPaper

WisPaper is an AI-powered academic research agent designed as a full-stack research accelerator. It supports literature retrieval, analysis, experiment design, execution, and paper writing within a unified workflow, helping researchers manage complex scientific tasks more efficiently across disciplines. For more information, visit https://wispaper.ai/?utm_source=news.

Chinese Original Kids Apparel Brand XINGZISHAN Makes Debut at Hong Kong’s Largest Eugene BB Expo, Marking a New Chapter of Domestic Brands Going Global

HONG KONG SAR – Media OutReach Newswire – 2 August 2026 – The Eugene BB Expo, Hong Kong’s largest annual maternity and baby grand event, grandly opened at the Hong Kong Convention and Exhibition Centre. XINGZISHAN, an original Chinese functional kids’ loungewear brand from mainland China, staged its highly anticipated debut at the exhibition. Blending Eastern and Western aesthetics with premium craftsmanship, the brand leverages the Greater Bay Area as a strategic gateway to complete its landmark Hong Kong & Macau market premiere, officially kicking off its overseas expansion journey.

Chinese Original Kids Apparel Brand XINGZISHAN Makes Debut at Hong Kong's Largest Eugene BB Expo, Marking a New Chapter of Domestic Brands Going Global

Mainland Original Base Layer Specialist Debuts at Hong Kong’s Top Baby Expo

Founded to solve real parenting pain points, XINGZISHAN focuses on essential close-fitting apparel for children. The brand independently develops high-performance fabrics featuring seamless skin-friendly construction, anti-allergy skincare protection, breathability and quick-dry properties. It has built a full matrix of kids’ base layers tailored to tropical subtropical Hong Kong parenting needs, addressing common challenges including kids’ excessive sweating, sensitive skin, temperature fluctuations between day and night, and multi-scenario indoor & outdoor wear.

Long dominated by overseas and Hong Kong maternity brands, the Eugene BB Expo delivers dual value for end-consumer retail traffic and cross-border business matching, with few mainland original kids’ base layer brands participating in previous editions. Bringing its complete lineup of functional children’s base layers to the expo, XINGZISHAN stood out as a distinctive representative of original mainland brands. Through differentiated original design and robust product performance, the brand showcased the premium quality and humanistic warmth of Chinese independent kids’ wear labels.

Original Mission: One Base Layer, Endless Comfort for Kids’ Unrestrained Growth
XINGZISHAN adheres to its core brand ethos — “From Base Layer to Life Backing, Safely is Basic”. Beyond crafting soft inner layers, the brand creates safe, professional, well-fitted and stylish functional apparel to safeguard children’s freedom to explore, while easing parents’ stress over daily kids’ outfit selection.

Speaking at the booth, Zhang Yangzhi, Founder of XINGZISHAN, shared the brand’s founding vision: “Base layers stay close to children’s skin every single day, forming the most fundamental layer of protection as they grow. We aim to perfect this intimate daily essential, using professional fabrics and tailored cuts to support kids’ unrestrained childhood.”

Throughout the exhibition run, the brand’s booth drew steady crowds of Hong Kong expectant mothers, local parents, cross-border families and maternity retail procurement buyers. Many mums commented that XINGZISHAN’s sweat-wicking, non-chafing seamless fabrics perfectly fit Hong Kong’s humid climate and kids’ active daily routines. The versatile loungewear pieces that transition effortlessly from bedroom to outdoor outings greatly simplify parents’ daily childcare routines.

The brand also addresses a key consumer pain point for fathers, who often struggle to find kids’ clothing balancing appealing aesthetics and reliable quality. With premium fabric texture and child-centric aesthetic design, XINGZISHAN earns consistent family approval, cementing its position as a top household apparel choice.

Cultural Exchange: Oriental Inspirations Meet Minimalist Western Design

This debut at the Eugene BB Expo marks a critical milestone in XINGZISHAN’s global expansion, as well as a vivid showcase of Chinese kids’ wear cultural export. The booth space integrates brand storytelling, natural fabric displays and parenting philosophies, paired with local Hong Kong touches such as tram elements to boost visitor engagement.

Breaking away from the cluttered heavy prints typical of traditional Chinese-style children’s clothing, XINGZISHAN harmoniously fuses Eastern culture with Western minimalism. Drawing visual motifs from ginkgo leaves, wheat ears and auspicious cloud patterns, the brand pairs them with clean, streamlined silhouettes iconic to Western kids’ fashion, alongside soft, low-saturation natural tones that strike an ideal balance between practicality and gentle aesthetic charm.

Global Expansion Roadmap: Hong Kong as the Springboard for Overseas Growth

Capitalizing on Hong Kong’s unique geographical advantage as “backed by Mainland China, connected to the world” and its role as a super connector, XINGZISHAN seizes the Eugene BB Expo platform to connect deeply with Hong Kong & Macau maternity retail channels, chain stores and procurement resources. The brand will rapidly penetrate local Hong Kong and Macau markets, establishing a direct supply chain from mainland original kids’ wear brands to regional families.

Moving forward, XINGZISHAN plans to steadily expand into Southeast Asian markets. It will bring Chinese kids’ apparel R&D expertise and Eastern parenting aesthetics to the Greater Bay Area and international audiences, paving the way for original domestic children’s wear brands to shine on a broader global stage.

Hashtag: #XINGZISHAN

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

China has potential to lead global humanoid robotics: Founder of EngineAI

GUANGZHOU, China, Aug. 1, 2026 /PRNewswire/ — This is a news report from South: 

 

Guangdong has been rolling out the “Beacon Over Lingnan” video series across major online platforms since June 27. The fifth episode features a conversation with Zhao Tongyang, Founder & CEO of EngineAI Robotics Technology Co., Ltd.

Can China build the world’s next iconic humanoid robot? In this episode, Zhao Tongyang explains why bringing humanoid robots into homes is the industry’s ultimate goal, why China must develop its own AI capabilities, and why he believes the sector could grow to rival the automotive industry by 2035.

The first season of “Beacon Over Lingnan” comprises 20 episodes across four themes: the economy, culture, sci-tech education and people’s well-being. Twenty guests share their reflections on their work and lives, telling stories of Guangdong, the Greater Bay Area and China as a whole from their own perspectives.

Guangdong Museum shows China’s floral patterns that predate luxury monograms by centuries

GUANGZHOU, China, Aug. 1, 2026 /PRNewswire/ — This is a news report from South:

The recent trademark dispute between Louis Vuitton and Chinese tea brand Molly Tea has sparked widespread discussion about floral motifs, brand identity and the origins of decorative design.

Yet centuries before monograms became synonymous with luxury fashion, Chinese artisans were creating intricate geometric and floral patterns for architecture, furniture and lacquerware.

A striking example is on display at the Guangdong Museum in Guangzhou. On the museum’s third floor, the exhibition “Splendor in Lacquer and Wood: Chaozhou Woodcarving Art” features an exquisite Qing Dynasty gilded woodcarving panel from an entrance screen, showcasing the sophistication of traditional Chinese ornamentation.

At first glance, its repeating floral motifs may seem remarkably familiar to modern viewers. Symmetrical four-petal blossoms are set within an orderly lattice of geometric patterns known as guibei jin (“tortoiseshell brocade”) and yazi jin, creating a visual language that is both restrained and richly decorative.

The piece follows one of the four classic compositional styles of Chaozhou woodcarving, combining delicate wooden latticework with relief carvings of lotus and narcissus flowers. Every detail balances geometry with nature and repetition with variation, an aesthetic principle that has shaped Chinese craftsmanship for generations.

Originally used as a decorative entrance screen in traditional Chaoshan homes, such architectural elements were designed to be viewed from both sides. Beyond their visual elegance, they also carried symbolic meanings of purity, harmony and good fortune.

Although the original gold lacquer has faded over time, the design still feels strikingly modern. Its repeated lines, carefully balanced proportions and understated luxury demonstrate that sophisticated pattern design is far from a contemporary invention.

Inspired by this centuries-old masterpiece, the Guangdong Museum has also transformed the pattern into a collectible souvenir. The Blooming Splendor refrigerator magnet faithfully recreates the artifact’s signature geometric and floral motifs in zinc alloy, preserving the layered elegance of the original woodcarving in a palm-sized keepsake. With its subtle metallic finish, the magnet brings a piece of Chinese heritage into everyday life, offering a small reminder that timeless design never truly goes out of style.

Sometimes the newest trend is simply an old masterpiece waiting to be rediscovered.

Reporter|Li Fangwang

Photo|Guangdong Museum

Korean F&B Brand Reddog Posts 88% Revenue Growth, 143% Operating Profit Jump in H1 2026

Six-month group consolidated revenue reaches IDR 198.5 billion (approximately SG$14.3 million) — equal to 97% of full-year 2025 revenue — while operating profit rises 143% year on year

Company in discussions with multiple Indonesian securities firms toward an Indonesia Stock Exchange listing targeted for early 2027

SINGAPORE, Aug. 1, 2026 /PRNewswire/ — Reddog, the Korean street-food (“bunsik”) brand that has brought tteokbokki and Korean-style corn dogs to Indonesian consumers, today reported first-half 2026 results that extend one of the steepest growth curves in Southeast Asian food service — and confirmed that preparations for a public listing are now under way.

Group consolidated revenue for the six months ended June 30, 2026 reached IDR 198.5 billion (approximately SG$14.3 million), up 87.9% from IDR 105.7 billion in the same period a year earlier. Operating profit rose 142.9% to IDR 48.6 billion (approximately SG$3.5 million), lifting the operating margin from 18.9% to 24.5% — a level rarely seen among restaurant operators, where low single-digit margins are the norm. The half-year figure is striking in its own right: in six months, Reddog booked revenue equal to roughly 97% of its entire audited 2025 full-year revenue of IDR 204.9 billion.

First-half 2026 results at a glance (Unit: SGD)


Listing preparations

Reddog confirmed that it is in discussions with multiple Indonesian securities firms regarding a potential initial public offering on the Indonesia Stock Exchange (IDX), targeted for early 2027. No underwriter has been formally mandated and no registration statement has been filed. Any offering would remain subject to market conditions and to approval by the Indonesian Financial Services Authority (OJK) and the IDX.

ASEAN expansion

In April 2026, Reddog established a global entity in Singapore, and in August it opens its first store there in a CapitaLand shopping mall — a beachhead for expansion across an ASEAN market of more than 600 million people.

About Reddog

Reddog is a Korean street-food brand operated in Indonesia. Founded in 2019 and headquartered in Jakarta, the group operates and franchises more than 145 outlets serving Korean tteokbokki and Korean-style corn dogs as main menus. Reddog is led by founder and CEO Kim Hong-yeol, an F&B operations-systems specialist, and COO Cho I-jun, a turnaround expert focused on profitability and growth.

CONTACT: Cho ijun, ij.cho@reddog.sg, +65 8613 1011

‘Wing Chun’ Opens to Standing Ovation in South Korea, Dance as a Bridge: A New Chapter for China-Korea Cultural Exchange.

ANDONG, South Korea, Aug. 2, 2026 /PRNewswire/ — When the final pose held and the lights rose on the stage of Andong Culture & Arts Center on July 31, the audience rose as one. The applause did not fade for nearly ten minutes. 


Video from Shenzhen Media Group

The Shenzhen Opera & Dance Theater had just delivered the South Korean premiere of “Wing Chun,” a dance drama that blends martial arts with contemporary dance. For the hundreds of spectators filling the hall — including South Korean cultural officials, APEC-related guests, martial arts practitioners and local residents — the performance was nothing short of mesmerizing.

“The stage, the dance, and the martial arts — they blend together so perfectly!” said an audience member from Andong after the premiere. The host city Andong is a spiritual home of Korean Confucianism, often referred to as the “spiritual and cultural capital of Korea.” South Korea hosted the APEC summit in 2025, and China will take the helm as host in November 2026. The back-to-back hosting of APEC has given this cultural tour a diplomatic significance that extends beyond the stage.

“Wing Chun” is distinguished by its fusion of dance and martial arts, bringing two national-level intangible cultural heritage elements — Wing Chun kung fu and the dyeing technique of Xiangyunsha silk — onto the stage. Through a dual narrative that intertwines the legendary life of the martial arts master Ip Man with the dreams of contemporary filmmakers, the production showcases the spiritual essence of traditional Chinese culture through the universal language of movement.

Since its premiere, “Wing Chun” has been performed 336 times in over 50 cities worldwide, with an audience of approximately 460,000. The production’s success is the latest fruit of Shenzhen’s thriving cultural ecosystem — often described as a “tropical rainforest” model.

South Korea successfully hosted the APEC summit in Gyeongju, North Gyeongsang Province last year, and this year China will take up the APEC baton in Shenzhen, a city of innovation and openness. Though the performance has ended, the seeds of curiosity about Shenzhen have been quietly planted in the hearts of Korean audiences. “Through this dance drama, I learned about Shenzhen for the first time — I want to go and see it!” said an audience member who attended the premiere with her child.

After the Korea run, “Wing Chun” will continue its global journey. The production is scheduled to launch more international tour stops in the second half of 2026, targeting established performing arts markets in the Asia-Pacific and Europe. Shenzhen Media Group will continue to provide follow‑up coverage.