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NYSE Content Advisory: Pre-Market Update + Crypto Firm BitGo Prices NYSE IPO Above Range at $18 a Share

NEW YORK, Jan. 22, 2026 /PRNewswire/ — The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today’s NYSE Pre-market update for market insights before trading begins. 

 

NYSE Content Advisory: Pre-Market Update + Crypto Firm BitGo Prices NYSE IPO Above Range at $18 a Share

Kristen Scholer delivers the pre-market update on January 22nd

  • U.S. equities are poised to extend Wednesday’s gains as geopolitical tensions ease following President Trump’s framework agreement with NATO over Greenland and his decision to delay new European tariffs.
  • Digital asset infrastructure firm BitGo begins trading on the NYSE today after pricing its IPO at $18 per share, above range, valuing the company at over $2 billion.
  • Viewers can tune into NYSE Live at 9 a.m. ET via the NYSE TV app to hear from BitGo executives Jody Mettler and Chen Fang following their Opening Bell ceremony.
  • Markets will watch key economic data today, including the latest PCE inflation reading and a revision to Q3 GDP, while NYSE‑listed Procter & Gamble, Abbott Laboratories, and GE Aerospace report earnings.

Opening Bell
BitGo (NYSE: BTGO) celebrates its Initial Public Offering

Closing Bell
Transocean (NYSE: RIG) celebrates its 100th year of drilling and delivering performance

Click here to download the NYSE TV App

 

Mabwell Announces First-Patient Dosed in Clinical Trial of Novel CDH17-Targeting ADC 7MW4911 in the U.S.

SHANGHAI, Jan. 22, 2026 /PRNewswire/ — Mabwell (688062.SH), an innovation-driven biopharmaceutical company with a fully integrated industry chain, announced that the first patient has been dosed in a clinical trial in the U.S. of its independently developed novel CDH17-targeting antibody-drug conjugate (ADC) (R&D code: 7MW4911) for the treatment of advanced colorectal cancer and other advanced gastrointestinal tumors.

The Phase I/II study (NCT07216560) represents the first-in-human (FIH) study of 7MW4911 in the United States. The study aims to evaluate the safety, pharmacokinetics and efficacy in patients with advanced colorectal cancer and other advanced gastrointestinal tumors. Previously, 7MW4911 received clinical trial approval and completed first patient dosing in China.

7MW4911 is a novel CDH17-targeting ADC developed by Mabwell based on its proprietary IDDC™ platform. It is composed of a highly specific CDH17 monoclonal antibody capable of efficient internalization into tumor cells, a novel cleavable linker with high plasma stability, and a proprietary DNA topoisomerase I inhibitor payload, MF-6, specifically designed to overcome the multidrug resistance.

Preclinical studies demonstrated that 7MW4911 exhibited potent antitumor activity in CDX/PDX models of various gastrointestinal tumors. In multidrug-resistant models, its antitumor effect was significantly superior to MMAE/DXd-based ADCs, and it was able to reverse tumor progression following treatment with such ADCs, highlighting its advantage in treating resistant tumors. Relevant research findings have been published in the 2025 AACR and the internationally renowned journal Cell Reports Medicine (July 2025).

About Mabwell

Mabwell (688062.SH) is an innovation-driven biopharmaceutical company with capabilities spanning the entire pharmaceutical value chain. The company is committed to providing more effective and accessible therapies to meet global medical needs, with a focus on oncology and aging-related diseases. Mabwell’s mission is “Explore Life, Benefit Health” and its vision is “Innovation, from Ideas to Reality.” For more information, please visit www.mabwell.com/en.

Forward-Looking Statements

This press release contains forward-looking statements including, but not limited to, the potential safety, efficacy, regulatory review or approval and commercial success of our product candidates and those relating to the Company’s product development, clinical studies, clinical and regulatory milestones and timelines, market opportunity, competitive position, possible or assumed future results of operations, business strategies, potential growth opportunities and other statements that are predictive in nature. “Forward-looking statements” are statements that are not historical facts and involve a number of risks and uncertainties, which may cause actual results to be materially different from any future results expressed or implied in the forward-looking statements. These statements may be identified by the use of forward-looking expressions, including, but not limited to, “expect,” “anticipate,” “intend,” “plan,” “believe,” “estimate,” “potential,” “predict,” “project,” “should,” “would,” and similar expressions and the negatives of those terms.

Forward-looking statements are based on the Company’s current expectations and assumptions. Forward-looking statements are subject to a number of risks, uncertainties, and other factors, many of which are beyond the Company’s control, including, but not limited to: environment; politic; economy; society; legislation; our dependence on our product candidates, most of which are still in preclinical or various stages of clinical development; our reliance on third-party vendors, such as contract research organizations and contract manufacturing organizations; the uncertainties inherent in clinical testing; our ability to complete required clinical trials for our product candidates and obtain approval from regulatory authorities for our product candidates; our ability to protect our intellectual property; the loss of any executive officers or key personnel. In case one or more of these risks or uncertainties deteriorate, or any assumptions are incorrect, the actual results may be seriously inconsistent with the stated results.

The Company cautions all the persons not to place undue reliance on any such forward-looking statements, which speaks only as of the date of this press release. The Company disclaims any obligation, except as specifically required by law and the rules of the applicable Stock authority to publicly update or revise any such statements to reflect any change in expectations or in events, conditions, or circumstances on which any such statements may be based, or that may affect the likelihood that actual results will differ from those set forth in the forward-looking statements. All forward-looking descriptions, figures and assumptions in this press release are applicable to this statement.

LILYSILK Unveils “Mediterranean Muse” Spring 2026 Collection and Launches Valentine’s Day Gift Box

NEW YORK, Jan. 22, 2026 /PRNewswire/ — LILYSILK, the world’s leading silk brand dedicated to inspiring people to live spectacular, sustainable lives, officially launched its “Mediterranean Muse” Spring 2026 collection on January 22, 2026. Drawing inspiration from the natural light, coastal landscapes, and lifestyle philosophy of the Mediterranean, the collection presents a refined expression of modern elegance rooted in fluid design, conscious craftsmanship, and everyday ease. Coinciding with Valentine’s Day, the brand has also introduced its first-ever pink-striped silk gift set, offering a new way to express warmth and affection during the season of love.

LILYSILK Unveils Spring 2026 Collection: Mediterranean Muse
LILYSILK Unveils Spring 2026 Collection: Mediterranean Muse

Inspired by sunlit coastlines, whitewashed architecture, and the gentle rhythm of coastal living, Mediterranean Muse reflects LILYSILK’s vision of effortless sophistication. The collection blends airy silhouettes, clean lines, and a serene color palette of Aegean blue, marble white, and sunlit gold, offering timeless pieces designed to move seamlessly from day to evening.

Key pieces from the collection include the Brushed Cashmere Short-Sleeve Sweater, crafted from premium Mongolian cashmere for softness and enduring comfort, the Striped Crochet Washable-Wool Cardigan, made from machine-washable Merino wool that balances practicality with refined design, and the Serica Short Trench, a double-faced silk satin trench that combines architectural structure with fluid drape for a versatile statement layer.

“This season, we find serenity along the Mediterranean coastline,” said David Wang, CEO of LILYSILK. “Mediterranean Muse is an ode to fluidity, light, and conscious design, where natural beauty and thoughtful craftsmanship are woven into every detail. True luxury begins with respect for nature and the way we live.”

Launched alongside the Spring 2026 collection, LILYSILK’s Valentine’s Day collection is crafted from 19-momme charmeuse silk and accented with a soft rosy stripe. The collection includes sleepwear and accessories designed to celebrate intimacy and care. Select items will be presented in a specially designed pink gift box, offering a refined option for seasonal gifting. While these items will remain available after the holiday, the box and curation are timed to elevate the season’s emotional resonance.

Rooted in the values of craftsmanship, sustainability, and mindful living, LILYSILK continues to redefine modern luxury through its nature-inspired aesthetics and refined material choices. The Spring 2026 collection, together with the Valentine’s Day offering, reinforces the brand’s mission to help people live more beautifully and more meaningfully every day.

To discover more, please visit www.lilysilk.com and follow @lilysilk on Instagram.

CEOS SHARE THEIR BEST PRACTICES FOR SUCCESS AT KICKOFF BRIEFING FOR 2026 WORLD TOUR OF BREAK THE CEILING TOUCH THE SKY

Plans now open for 2026 World Tour of Break the ceiling touch the sky® – the success and leadership summit 

NEW YORK, Jan. 22, 2026 /PRNewswire/ — House of Rose Professional (HORP) has held its 2026 Break the ceiling touch the sky® Global women in leadership virtual briefing to mark the start of its 2026 World Tour of Break the ceiling touch the sky® (BTCTTS) – the success and leadership summit.  The Briefing hosted by HORP Chairman and CEO Anthony A. Rose  included a preview of early insights from the 2026 Break the ceiling touch the sky 101 Best Global Companies for women in leadership Index (BTC 101 Global Index), dates for the 2026 world tour of Break the ceiling touch the sky® and a super panel led by nine senior executives and ambassadors for the 2026 world tour of Break the ceiling touch the sky®.   

Each Edition of the BTCTTS summit will bring together the world’s most inspirational business executives and companies, coming together to exchange best practices to lead in a complex but interconnected world.  

The 2026 Americas Edition. New York, USA. Apr 20, 2026.

The 2026 Europe + UK  Edition. London. UK. June 12 and 19, 2026.

The 2026 Middle East Africa Edition. UAE. Sept 7, 2026.

The 2026 Asia World Edition. Singapore. Oct 12, 2026 and

The 2026 India Edition. Mumbai. India. Dec 7, 2026.

Registration for the tour is open at https://houseofroseprofessional.com/events/ 

Alex von Behr, Head of the CEOSmith® Executive Excellence vertical at House of Rose Professional, President vBAssociates led as moderator for the super-panel on how to succeed in 2026 providing a glimpse into the knowledge and resources that Companies and leaders could access through each live edition of the 2026 world tour of Break the ceiling touch the sky® in 2026.   

Vijayanand Sinha, Regional CEO & Senior Vice President – ASEAN, Reckitt,  shared his top three things that he believed leaders should be focused on in 2026 from a macro perspective. “Resilience, Reinvention and Rhythm will be key to success in 2026. Corporate and leadership resilience will be so necessary to cope with the uncertainties that will continue to happen in 2026.  Reinvention will be the second big thing. How do companies and individuals respond to all of the demands of a changing business and geopolitical landscape and reinvent themselves to deal with these uncertainties. And finally rhythm. Leaders need to be able to develop a rhythmic sense of how to deal with constant change.”

Max Rangel, President and CEO, PetSafe outlined the few things that are critical in moving from middle management to senior leadership. “Own your ambition. It’s not a flaw, its fuel. Be confident. Seek for roles you want beyond your current role/ function. The fastest way to get to GM is to start acting like one. Take the role (sometimes)before you get the title. You need to make your impact visible. It starts with a fundamental shift from being an excellent operator to being an enterprise leader. At the senior level you are no longer rewarded for functional expertise. You are rewarded for owning outcomes versus activity, for creating value. You will need to learn how to lead through others – often through leaders not like you. When you do become a General Manager you will have to start asking yourself the question – what do I stop doing and what do I start deciding on right now. Finally its important for leaders aspiring to even more senior positions to identify and cultivate good sponsors. Not just mentors. But good sponsors. Someone who will advocate for you when you are not in the room.” 

Maggie Laureano, Chief Human Resources Officer, MISTRAS spoke about the new skills that large global businesses are looking for in senior management hires in 2026. “The needs from leadership are shifting beyond the traditional leadership and operational excellence we always look for. The role of senior leadership now requires navigating constant change, ambiguity and interdependence at scale. Enterprise thinking and systems leadership – operating and thinking beyond their functions and how their decisions impact the entire enterprise. Leaders should be able to anticipate second and third order impacts of their decisions on the business. Establishing a track record of success across AI enablement is also a key requirement. Not every leader needs to be a technologist, they do not need to build AI models — but they must lead with it responsibly and be fluent in data-driven decision-making and should be able to understand the ethical use of AI.  Redesigning workflows using technology and human capabilities is a differentiator.  And finally, leaders should be expert at developing cultural leadership and trust.”

Peter Van den Broeck, General Manager Middle East and Africa, BIC spoke to how he is leading across large geographies and adapting his leadership style in 2026. “As a leader, optimizing your efficiency and expanding your impact depends on the people you invest in and empower, eagerness to learn and expand horizons, and your flexibility and agility to the ever-changing world. Being a leader requires clarity on the vision and direction you want to promote, and the ability to translate that clearly. You can’t be everywhere all the time, which is where the people element comes in and becomes crucial. It’s not only about investing in people but also empowering them to take the relevant decisions for the business and their teams. This is a crucial part of leadership. As they say, you are only as good as your team. In a changing world, the only constants are the people, and your ability as a leader to expand, be flexible and agile, and continue to bring teams and businesses to new heights.”

Preeti Arora Razdan, CEO,  Southeast Asia, Diageo shared her tips to succeed in 2026, “In these times of change my first principle of leadership is to stay calm. People don’t necessarily follow the plan, but they do follow leaders. Be that safe space in a storm for your organization. Be informed and have complete clarity so that you can communicate clearly to the organization what the short term and long term priorities are. Have confidence to make choices and decisions. You can’t freeze and wait for the last bit of data to come in. You need to make decisions with the data you have, staying focused and true to your strategic priorities. During challenging times, it’s also important to NOT delegate complexity downwards. Develop realistic optimism. Fear can paralyze you but so can blind optimism. Find the balance.  Finally have compassion. Beyond the IQ, do develop your EQ. Empower your team and build more leaders.” 

Max Amen, Managing Director – UK & Wella, Wella Company shared some of the changes sweeping across the Beauty Industry. “Four factors are relevant for success in the Beauty industry today. Simplicity. Accountability. Speed and Intensity -Passion and energy leaders demonstrate on a daily basis.  Trends have changed in the beauty industry. A few years ago it was all about consumers wanting to  look like the person in the picture. Now every single person wants to be herself/ unique. Theres a celebration of diversity. When we recruit people in this industry we  try to understand who they are, we pay immense attention to their values, their soft skills, their behaviours and their technical skills. People in this industry are now equally concerned about the impact their work has on the environment and on society and on making a bigger difference in the world.”

Stephanie Keen, Partner and Head of Singapore office, O’Melveny & Myers LLP shared her perspective on how women leaders in particular can accelerate their success in 2026 and move into senior leadership roles. “Many of the skills required at senior leadership levels come naturally to women – the ability to build relationships, interact authentically, foster trust, good communication, mentoring and supporting.  Other attributes are more challenging for women– striving for growth without apology, taking ownership of all decisions and putting themselves forward for leadership roles. Being able to delegate, leverage diversity and developing the strengths of your team enables you to grow as well as helping others to achieve their own goals. Focusing on diverse skills and respecting cultural differences and adapting communication style is also a bridge to success and achieving leadership roles.”

James Michael Lafferty, Chairman of the Board, Katapult Digital, Olympic coach and 3X Powerlifting world Champion shared, “It is critical in these volatile times for leaders to demonstrate the right behaviours. There’s an old saying that when a leader sneezes the whole organization then catches the cold. It’s important for leaders to stay focused, calm, not worry endlessly about what they can’t control and keep the big picture in mind in front of their teams. The second thing is the importance of developing consumer value – good times or bad times, consumer value is even more critical in a VUCA world. Third is continuing to invest strategically in the business – investing in people, marketing and brand building.”

Anthony A. Rose, Chairman and CEO, House of Rose Professional, founder of the summit and best-selling author of “Break the ceiling touch the sky: success secrets of the world’s most inspirational women” commented; “We live in a world that is constantly changing where no one Company or leader has all the answers. Leadership in 2026 will be heavily determined by merit-based, high performing, gender balanced teams, learning across industries together, faster then the world is changing! Break the ceiling touch the sky® enables Companies to learn and exchange best practices on leadership and success across industries alongside the world’s finest leaders; strengthen their global Employer Brand; demonstrate inclusion leadership and action; and ultimately align with a purpose that inspires the world – building better leadership, better business and a better world.”

Since 2014 House of Rose Professional has trained, enabled and inspired over 50000 executives around the world to greater success impacting leadership development at over 700 international companies.  House of Rose Professional Pte. Ltd. (HORP) is a global leader in executive leadership development and provides international services in the areas of Talent, Training and Transformation

MEDIA AND PARTNERSHIP  INQUIRIES:

Anthony A. Rose at anthony@houseofroseprofessional.com

Website : www.houseofroseprofessional.com

 

TP has been recognized with Frost & Sullivan’s Technology Innovation Leadership Recognition in the Global BPO AI Industry

TP is recognized for its customer-centric innovation, operational excellence, and scalable technology that redefine the future of BPO CX outsourcing.

SAN ANTONIO, Jan. 22, 2026 /PRNewswire/ — Based on its recent analysis of the outsourcing market, Frost & Sullivan is recognizing global digital services leader TP for best practices in the global BPO AI industry – Frost’s first recognition in this emerging space. TP has been honored with Frost & Sullivan’s prestigious 2025 Technology Innovation Leadership (TIL). The recognition highlights TP’s innovative AI approach, technology integration, commitment to human capital, and transformative approaches to customer experience and service delivery.

Frost & Sullivan recognizes TP’s development of TP.ai FAB, a proprietary foundational AI backbone platform that transforms and intelligently orchestrates traditional workflows. TP.ai FAB seamlessly integrates AI agents, human Experts, and AI-powered tools to classify, route, and resolve interactions in real time to maximize efficiency and client value. TP’s innovative approach redefines service delivery by combining AI with Emotional Intelligence (EI), ensuring transparency, accountability, and human oversight in AI deployment.

Michael DeSalles, Principal Analyst says, “TP’s focus on human capital is a cornerstone of its success, with a ‘High Tech, High Touch’ philosophy that elevates human expertise through technology.” He continues by adding, “TP.ai FAB empowers human Experts to focus on high-impact tasks, enhances employee well-being, and fosters a culture of innovation and collaboration.”

TP.ai FAB supports a broad and growing portfolio of proprietary and partner-enabled AI products, allowing TP to tailor solutions across industries, geographies, and regulatory contexts. With operations in nearly 100 countries, serving 170 markets in more than 300 languages, TP already delivers live, production-level AI-human collaboration across diverse service environments, positioning TP.ai FAB as a strategic lever for client acquisition, retention, and long-term growth. “TP.ai FAB represents a step-change for TP, and we’re thrilled to receive this TIL recognition, the first of its kind, from Frost & Sullivan,” says Dev Mudaliar, Chief Operating Officer, TP.ai. “We’re excited this helps spotlight the impact TP.ai FAB is already having in helping enterprises of all sizes scale and operationalize AI – delivering successful outcomes across front-, mid-, and back-office environments.”

This recognition underscores TP’s leadership in orchestrating people, process, and technology to redefine customer experiences, drive sustainable growth, and inspire trust and loyalty. TP’s achievement solidifies its position as a global leader in the BPO AI industry, given its ability to deliver transformative solutions that drive cost efficiency and outstanding customer care.

Frost & Sullivan Best Practices recognize companies in various regional and global sectors for demonstrating outstanding achievement and superior performance in leadership, technological innovation, customer service, and strategic product development. Industry experts compare sector participants and measure performance through in-depth interviews, analyses, and extensive analysis to identify best practices in the industry.

Frost & Sullivan Best Practices Recognition

Frost & Sullivan’s Best Practices Recognitions honor companies across regional and global markets that exhibit exceptional achievement and consistent excellence in areas such as leadership, technological innovation, customer experience, and strategic product development. Each recognition is the result of a rigorous analytical process in which Frost & Sullivan industry experts benchmark performance through comprehensive interviews, deep-dive analysis, and extensive secondary research. The goal is to identify true best-in-class organizations that are driving transformative growth and setting new industry standards.

Contact us: Start the discussion.

Contact

CamilaTinajero
E: camila.tinajero@frost.com

About TP

TP is a global leader in digital business services which consistently seeks to blend the best of advanced technology with human empathy to deliver enhanced customer care that is simpler, faster, and safer for the world’s biggest brands and their customers. The Group’s comprehensive, AI-powered service portfolio ranges from front office customer care to back-office functions, including operations consulting and high-value digital transformation services. It also offers a range of specialized services such as collections, interpreting and localization, visa and consular services, and recruitment process outsourcing services. The teams of multilingual, inspired, and passionate experts and advisors, spread in close to 100 countries, as well as the Group’s local presence allows it to be a force of good in supporting communities, clients, and the environment.

Jin Medical Announces the Official Commencement Date of Chuzhou Facility

CHANGZHOU, China, Jan. 22, 2026 /PRNewswire/ — Jin Medical International Ltd. (NASDAQ: ZJYL) (“Jin Medical”, and together with all its subsidiaries, the “Company”), a NASDAQ-listed leading provider of rehabilitation medical equipment in China, announced today that its wholly-owned subsidiary, Zhongjin Medical Equipment (Anhui) Co., Ltd., has made significant progress in the final construction of its manufacturing facility in Chuzhou, Anhui Province, China. The Company is projected to launch full capacity production by the end of April 2026. The Company completed regulatory filings with the local authorities for the Chuzhou facility on December 29, 2025, and has obtained the license for Class I Medical Device production. The commencement of full production is expected to deliver an annual production capacity of 200,000 units of mid-to-high end electric wheelchairs and senior mobility scooters.

The Chuzhou facility is situated in the heart of the Yangtze River Delta’s manufacturing hub, offering strategic geographical and supply chain advantages. Once fully operational, the project is anticipated to generate a substantial annual output capacity that will significantly enhance Jin Medical’s comprehensive manufacturing capabilities in premium mobility products.

Dr. Erqi Wang, Chairman and CEO of Jin Medical stated, “The completion of this project will support our strategic goal of optimizing global production capacities. The Chuzhou base will strengthen the resilience of our supply chain and accelerate our response to both domestic and international market demands.” According to the Company’s strategic plan, the facility will prioritize production of mid-to-high-end electric wheelchairs and senior mobility scooters during its initial phase, utilizing automated production lines and highly efficient protocols to improve cost control and product quality consistency.

Industry experts note that Jin Medical’s expansion coincides with the growing global demand for assistive devices driven by global aging trend. Located in a region with robust manufacturing infrastructure, the Chuzhou facility is expected to enhance Jin Medical’s market competitiveness through efficient scaled production. The Company reaffirms its commitment to executing the project as planned and creating sustained value for shareholders through efficient execution.

About Jin Medical International Ltd.

Founded in 2006 and headquartered at Changzhou, Jiangsu Province of China, Jin Medical designs, develops, manufactures and markets wheelchairs and living aids products for people with disabilities, elderlies, and for rehabilitation application. Currently, Jin Medical already operates two manufacturing plants of approximately 230,000 square feet in the aggregate in Changzhou City and Taizhou City, Jiangsu Province, China. Jin Medical is currently establishing a new facility with 430,000 square feet in Chuzhou, Anhui Province, China. Jin Medical works with more than 40 distributors in China and more than 20 international distributors. The majority of Jin Medical’s wheelchair products, with more than 30 models, are sold to distributors in Japan and China. Jin Medical continuously delivers innovative wheelchair products that are both lightweight and ergonomic. For more information, please visit: http://www.zhjmedical.com.

Forward-Looking Statement

This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performances, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may”, “will”, “should”, “intend”, “plan”, “strive”, “believe”, “expect”, “anticipate”, “project”, “estimate,” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks, including, but not limited to, the following: the Company’s ability to achieve its goals and strategies, the Company’s future business development and plans for future business development, including its financial conditions and results of operations, product and service demand and acceptance, reputation and brand, the impact of competition and pricing, changes in technology, government regulations, import and export restrictions, fluctuations in general economic and business conditions, and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the U.S. Securities and Exchange Commission (“SEC”). For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, as well as its current reports on Form 6-K and other filings, all of which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

For more information, please contact:

ir@zhjmedical.com

Global Times: China’s GDP expands 5% to hit 140-trillion-yuan mark in 2025, meeting growth target despite serious headwinds

BEIJING, Jan. 22, 2026 /PRNewswire/ — China’s GDP grew at 5 percent year-on-year to 140.19 trillion yuan ($20.13 trillion) in 2025, data from the National Bureau of Statistics (NBS) showed on Monday, meeting the annual growth target of around 5 percent and surpassing the 140-trillion-yuan threshold for the first time. 

Observers said the upbeat data underscored the resilience and vitality of the world’s second-largest economy despite multiple downward pressures. They added that such growth momentum will continue to position China as a beacon of stability and the locomotive of the world economy. 

While the data represents a resounding success to the conclusion of China’s 14th Five-Year Plan (2021-25) period, it also lays a solid foundation for a head start this year – also the opening year of China’s 15th Five-Year Plan (2026-30), analysts said, noting that China’s economic strength will give the country and the global community greater confidence to navigate an increasingly complex, volatile geopolitical environment and rising waves of trade protectionism in the years to come. 

The economy in the 14th Five-Year Plan period was marked by four consecutive leaps – surpassing 110 trillion yuan, 120 trillion yuan, 130 trillion yuan, and 140 trillion yuan, Kang Yi, head of NBS, said at a press briefing of the State Council Information Office on Monday on the release of the economic data for 2025.

The economy expanded 4.5 percent year-on-year in the fourth quarter last year, data from the NBS showed, easing from 4.8 percent in the third quarter, following 5.2 percent in the second quarter and 5.4 percent in the first quarter.

When asked to comment on China’s economic performance last year, Kang used four keywords: “stable, progressive, innovative, and resilient.” 

China’s economy has continued to demonstrate strong resilience, navigating instability while achieving both quantitative leaps and qualitative improvements,” said Kang, noting that the country is projected to contribute around 30 percent to global economic growth, serving as a stabilizer for world supply chains.

Yao Jingyuan, a special researcher of the Counselor’s Office of the State Council, told the Global Times on Monday that achieving 5-percent GDP growth and crossing the output milestone of 140 trillion yuan marks the successful completion of the goals listed in the 14th Five-Year Plan (2021-25). Meanwhile, the robust figures have laid a crucial foundation for a strong start to the 15th Five-Year Plan (2026-30) and for resolutely marching toward China’s second centenary goal. 

‘Unprecedented’ challenges

Based on the Global Times’ calculation, the 5-percent increase in China’s GDP also translates to a net growth of 5.38 trillion yuan ($771.73 billion) in economic volume last year, which is more than the entire GDP of Belgium of $671.37 billion in 2024 by World Bank metric. 

Yao said the transcript is by no means easy, as 2025 was an “extraordinary year” during which the internal and external challenges facing the Chinese economy were unprecedented in both scale and intensity.

“Externally, trade protectionism has been on the rise, and de-globalization trends have reemerged. In particular, there have been renewed attempts to contain and suppress China’s development, with the US wielding the tariff stick once again. Internally, China has been dealing with pressures from insufficient demand, an imbalance between supply and demand, as well as the pains associated with economic transformation and upgrading,” Yao said. 

The resilient economic fundamentals, which vividly demonstrated throughout last year’s development trajectory, will provide greater policy maneuver and inspire stronger confidence for a robust start in implementing the 15th Five-Year Plan (2026-2030) in 2026, analysts said.

Tian Yun, a Beijing-based economist, told the Global Times on Monday that the standout developments in new growth drivers last year closely align with the priorities of the 15th Five-Year Plan (2026-30), which places strong emphasis on achieving greater self-reliance and strength in science and technology and steering the development of new quality productive forces.

“So, 2025 served as a critical bridge in deepening this strategic layout,” he added. In the next five years, China is expected to play a greater and more indispensable global role in the face of fragmented global supply chain, intensifying global tech race and rising geopolitical tensions, analysts noted. 

“The resilient and stable growth logged by the Chinese economy has provided a crucial safeguard for the sustainable development of the world economy. On the other hand, China stands today as the world’s most stable supply chain base and the primary production hub for industrial goods. And this position will become more evident in the years to come,” Tian said.

According to Yao, China’s 5-percent growth rate clearly places the country at the forefront among the world’s major economies. An IMF report released on Monday forecasted that global growth will hover around 3.3 percent in 2025. 

The economic expansion of the world’s second-largest economy has also caught the limelight of global mainstream media outlets. A Guardian article cited an economist as saying that “navigating a fraught geopolitical landscape remained a ‘major wildcard,’ but that China’s economy should continue to grow through 2026.” The Associated Press said in a report that China’s economy expanded at a 5 percent annual pace in 2025, buoyed by strong exports despite US tariffs.

Economic highlights

In 2025, China’s value-added industrial output rose by 5.9 percent compared to the same period in 2024, while fixed-asset investment declined by 3.8 percent year-on-year, NBS data showed. China’s retail sales of consumer goods jumped 3.7 percent year-on-year last year.

Hu Qimu, deputy secretary-general of Forum 50 for Digital-Real Economies Integration, highlighted the development of such industries as high-tech and advanced manufacturing, which shows that the development of China’s new quality productive forces has been gearing up and become a prominent driver of the economy in 2025.

Last year, the value added of high-tech manufacturing grew by 9.4 percent year-on-year, outpacing overall growth rate by 3.5 percentage points. The output of industrial robots increased by 28 percent, and new energy vehicles rose by 25.1 percent, data from NBS showed. 

In the fourth quarter, China’s growth in retail sales also stabilized, boosted by a slew of measures that stimulated consumer demand as well as the vibrant spending during the eight-day National Day and Mid-Autumn Festival holidays, analysts said. 

Tian pointed out that the consumer demand has gotten off a good start this year, with notable release of consumer demands during the New Year’s Day holidays, and is expected to continue rising steadily through the upcoming Spring Festival holidays.

Since the beginning of 2026, Chinese authorities have released a bunch of initiatives that aim at spurring consumption and expanding domestic demand, which analysts believe are set to “create favorable conditions for a promising start” in 2026.

“Those are clear signals delivered to the market that the Chinese government will act proactively and front-load its efforts. It is forecasted that more targeted measures will be followed to address persisting economic challenges, which will all help to bolster market confidence and enhance overall social expectation this year,” Hu said. 

A number of economists and global financial institutions are confident on China’s economic prospects.

The IMF report released on Monday has revised the growth forecast for China upward by 0.3 percentage point to 4.5 percent, “reflecting the lower US effective tariff rates on Chinese goods as a result of the yearlong trade truce agreed to in November and stimulus measures that are assumed to be implemented over two years.”

Chinese economy is projected by Goldman Sachs Research to grow by 4.8 percent in 2026 as exports increase and the downward pressure from a slowing property market lessens, according to a report the US investment bank released on its website. 

The country is expected to set its growth target in March at the annual “two sessions.” 

Teleport raises USD 50 million pre-IPO capital at USD 500 million valuation to scale model globally

Teleport set to accelerate the growth of its unique asset-light model with growth capital injection from HPS Investment Partners to better serve cross border eCommerce in key global markets

KUALA LUMPUR, Malaysia, Jan. 22, 2026 /PRNewswire/ — Teleport signed a Subscription Agreement with funds managed by HPS Investment Partners today for the issuance of Redeemable Convertible Perpetual Securities (RCPS) to raise a total consideration of USD50 million as pre-IPO growth capital. HPS Investment Partners is a leading global alternative investment firm.

Teleport raises USD 50 million pre-IPO capital at USD 500 million valuation to scale model globally
Teleport raises USD 50 million pre-IPO capital at USD 500 million valuation to scale model globally

This raise values Teleport, the logistics arm of Capital A Berhad (Capital A), at USD500 million (equivalent to RM2.03 billion[1]) pre-money and will accelerate the expansion of Teleport’s unique cross-border eCommerce model globally. This capital raise allows Teleport to strengthen its balance sheet and fund network growth with its key partner airlines, ahead of a future public listing. Altogether, the company has raised approximately USD 109 million since inception in 2018.

Teleport’s updated valuation from a leading global institutional investor is a strong validation for Capital A and the various AirAsia airlines, who have supported the build of Teleport since its inception eight years ago. This increased institutional confidence in Teleport’s model demonstrates the commercial viability and sustainability of its unique model, as Southeast Asia’s integrated eCommerce logistics specialist.

Market leadership with unique asset-light air network
Since it was founded, Teleport has scaled its infrastructure and asset-light Teleport Network to rank #1 within Southeast Asia[2], #9 in Asia[3] and #13 globally by volume[4].

Teleport’s unique model, anchored on an asset-light air network infrastructure, allows it to deliver cross-border eCommerce at marginal cost. The Teleport Network has the most direct point-to-point connections – reaching over 290 capital and smaller cities across 80 countries in Asia Pacific; connecting over 50 partner airlines. It is further enabled by technology, from first to last mile, built to continuously move eCommerce faster, cheaper, better.

Pete Chareonwongsak, Chief Executive Officer of Teleport, said, “We are happy to welcome HPS in our next stage of growth to scale our unique ‘asset-light’ model for cross border eCommerce to reach further into key global markets, specifically targeting high-growth eCommerce corridors between China, the rest of Asia, Middle East and beyond. We appreciate the trust and confidence that HPS has placed in Teleport by investing in our journey towards an IPO.”

He added, “I am thankful to all 729 Teleporters who have worked above and beyond these past eight years. Together, we built Teleport uniquely, against many industry norms, which was not easy but the team persevered – alongside Allstars notably from AirAsia, ADE and GTR, each of whom are an integral support to Teleport’s operations and success, a true show of strength from within the Capital A ecosystem. The Teleport model has proven itself in more ways than one and we are still ahead of the curve. Today, we have only captured 1% of a USD28 billion Total Addressable Market[5] for China and Southeast Asia air cargo and cross-border eCommerce. We will continue with that same perseverance with the continued trust and support of Capital A, AirAsia, our shareholders, investors and partner airlines who share the same belief of being better together in order to serve our customers faster, cheaper and better.”

Tony Fernandes, Chief Executive Officer of Capital A Berhad said, “This investment is a clear vindication of our strategy and innovative approach. I am thrilled that Teleport has evolved into a leading cargo and logistics provider globally, ranked among the top players in Asia. Our unwavering support for Teleport and belief in its potential have directly resulted in this significant capital raising. This partnership is immensely beneficial to the AirAsia airlines, to work with a dedicated partner to maximise our belly space and network utilisation. This updated valuation represents an unrealised return of over 100-fold[6] for Capital A, and positions Teleport well for a future IPO. This is a clear win for our shareholders, delivering significant returns, and this strategy will continue as we actively look for growth capital for other Capital A companies.”

The completion of the issuance of RCPS by Teleport is subject to the satisfaction or waiver of the conditions precedent as set out in the Subscription Agreement. BNP Paribas and Milbank acted as financial advisor and legal counsel respectively to Teleport, while Latham & Watkins acted as legal counsel to HPS Investment Partners.

About Teleport

Teleport is an integrated eCommerce logistics specialist operating the largest, yet asset-light, air network in Southeast Asia. We are on a mission to move things across the region faster, cheaper and better than anyone else – by giving access to affordable and reliable cross-border delivery for all big and small businesses, as fast as next-day.

Teleport is a logistics venture of Capital A, with a presence across Malaysia, Singapore, Thailand, Indonesia, Philippines, Chinese Mainland, Chinese Hong Kong and India.

For more information, please visit teleport.it or our social media on LinkedIn, and Instagram.

About Capital A

Capital A is an investment holding company with a diverse portfolio of synergistic aviation and travel businesses, leveraging data and technology to drive growth. Our key businesses include AirAsia, the world’s leading low-cost carrier, Capital A Aviation Services Group, AirAsia MOVE (formerly airasia Superapp) and fintech BigPay as well as logistics venture Teleport and brand development company, Abc. Capital A’s vision is to create and deliver products and services that focus on offering the best value at the lowest cost, underpinned by robust data accumulated over 20 years in operation and one of Asia’s leading brands that remains committed to serving the underserved in Asean and beyond.

About HPS Investment Partners

HPS is a leading global, credit-focused alternative investment firm that seeks to provide creative capital solutions and generate attractive risk-adjusted returns for our clients. We manage various strategies across the capital structure, including privately negotiated senior debt; privately negotiated junior capital solutions in debt, preferred and equity formats; liquid credit including syndicated leveraged loans, collateralized loan obligations and high yield bonds; asset-based finance and real estate. The scale and breadth of our platform offers the flexibility to invest in companies large and small, through standard or customised solutions. At our core, we share a common thread of intellectual rigor and discipline that enables us to create value for our clients, who have entrusted us with approximately $179 billion of assets under management as of September 30, 2025. For more information, please visit www.hpspartners.com.

[1] Note: Unless otherwise stated and wherever applicable, the exchange rate of the United States of America Dollar (“USD”) 1: Ringgit Malaysia (“RM”) 4.05, being the latest practicable rate prior to this announcement, is used throughout this announcement for the purpose of conversion of USD into RM

[2] Source: https://www.worldacd.com/

[3] Source: https://www.worldacd.com/

[4] Source: Armstrong and Associates; Rotate

[5] Teleport internal analysis

[6] Basis: Based on USD 500 million valuation, with equity invested by Capital A amounting to a total of USD2.7 million

 

For media enquiries, please contact: 
Teleport Communications Team:  teleportcomms@teleport.it