NEW YORK, Dec. 5, 2025 /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 + NYSE Becomes Exclusive Exchange Partner of LA-Based Video Podcast TBPN
Ashley Mastronardi delivers the pre-market update on December 5th
Stocks are little changed as investors digest fresh economic data, including the delayed September PCE report—considered the Fed’s primary inflation gauge—released today ahead of next week’s interest rate decision.
NYSE announced an exclusive partnership with TBPN, the popular daily tech show, making the Exchange its New York home and granting access to high-profile guests and events.
NYSE partner Endeavor concludes its annual event in NYC, featuring interviews with entrepreneurs on innovation and entrepreneurship, with content rolling out in the coming weeks.
Opening Bell Brad Jacobs celebrates the launch of his new book, “How to Make a Few More Billion Dollars”
Closing Bell Wells Fargo (NYSE: WFC) celebrates leadership and growth in serving Wealth & Investment Management clients and families
Collaborating with Leading and Chain Master Enterprises to Jointly Propel Hong Kong’s Innovation and Technology Development
HONG KONG, Dec. 5, 2025 /PRNewswire/ — Hong Kong-based venture capital firm Beyond Ventures is honored to announce its appointment by the Hong Kong Investment Corporation Limited (HKIC) as one of the asset managers for the 2025 Capital Batch of the Investment Portfolio (CIES IP) under the New Capital Investment Entrant Scheme (New CIES).
“We would like to express our gratitude to the HKIC for its continued trust and recognition,” remarked Mr. Lap Man, Co-founder & Managing Partner of Beyond Ventures. “The New CIES represents a bold and innovative policy initiative that 10% of the capital from the CIES IP be allocated to promote Hong Kong’s innovative & technology (I&T) development. This is not only visionary but also sets a benchmark for how capital can effectively amplify market-driven innovation. It underscores the distinctive strength of Hong Kong’s capital markets by seamlessly integrating government guidance with vibrant market dynamics, a hallmark of the HKIC’s strategic vision.”
Under the New CIES, launched by the HKSAR Government on Mar 1, 2024, eligible applicants are required to invest a minimum of HK$30 million in permissible assets, including a mandatory allocation of HK$3 million into the CIES IP. As of early October 2025, the scheme has already attracted 2,200 applications, potentially channeling approximately HK$70 billion of new capital into Hong Kong’s economy.
The speed and efficiency of the HKIC’s implementation also further reflect the true spirit of Hong Kong. From the issuance of the invitation for proposals on October 31, 2025, to the application deadline on November 14, and the announcement of selected asset managers on December 2, in just 11 working days. The entire process exemplifies how a patient capital institution wholly owned by and representing the HKSAR Government can operate with the agility of a startup. This “Hong Kong speed” is a testament to the city’s world-class governance and execution capabilities. The integration of public and private capital and the unparalleled execution efficiency will be the two cornerstones for Hong Kong’s I&T development.
Beyond Ventures has long been a close partner of the HKIC, having co-invested in multiple projects across hard core, biotech, and new energy/greentech sectors. These collaborations include investments in global industry leaders, chain master enterprises and several highly potential companies preparing for IPOs on the Hong Kong Stock Exchange.
Although Hong Kong has a deep talent pool and a highly international environment that fosters cutting-edge technological research, it lacks extensive industrial applications and market insights due to a relatively small local market. Therefore, getting more chain master or industry-leading corporations to Hong Kong accelerates the integration of local resources with these corporations. This synergy drives the innovation and technology ecosystem which is crucial to Hong Kong’s I&T development and also beneficial to these corporations.
“In alignment with this vision, Beyond Ventures will deploy its assigned capital from the 2025 Capital Batch of the CIES IP in close collaboration with the HKIC and the leading and chain master enterprises within the HKIC ecosystem. By forging strategic partnerships with these anchor players, Beyond Ventures aims to strengthen Hong Kong’s dual role as a “super connector” and a “super value-adder” in the global innovation landscape. We will collaborate with the HKIC and its ecosystem partners to inject vitality into Hong Kong’s I&T ecosystem.” Mr. Lap Man added.
# # #
About Beyond Ventures
Beyond Ventures, the Hong Kong-based venture capital firm, was co-founded by Lap Man and Marvin Hung in 2017 with the goal to revitalize and transform Hong Kong’s innovation ecosystem by being the city’s most impactful venture capital firm. The firm unites venture capital experts and local conglomerates with visionary entrepreneurs, providing start-ups with the capital and guidance they need to thrive.
The name “Beyond Ventures” originates from the popular rock-and-roll band Beyond, which emerged in early 1990s Hong Kong. Since raising its first fund in 2017, Beyond Ventures has successfully invested in and helped develop portfolio companies which include SenseTime (stock code: 20.HK), Smartsens (stock code: 688213.SH), YOHO (stock code: 2347.HK), HKTaxi (acquired by Uber in 2021), G-NiiB, a biotech spinout from the CUHK, Hongene, a global leading supplier of core raw materials for nucleic acid drugs and MingMed, an innovative biotech company specializing in the development of first-in-class drugs, among others. To date, the portfolio has produced four IPOs and two trade sales. Additionally, three portfolios are in the process of applying for IPOs on the Hong Kong Stock Exchange under the regulations of 18A and 18C.
Beyond Ventures draws on support from well-known Hong Kong conglomerates including Hop Hing Group, Far East Consortium, Chinney Alliance Group and Chinachem Group, leading private equity firms Hony Capital and GAW Capital, Hong Kong VC firm, eGarden as well as the endowment fund of The University of Hong Kong.
NEW YORK, Dec. 5, 2025 /PRNewswire/ — Paranovus Entertainment Technology Limited (“the Company”), listed on Nasdaq, today announced its financial results for the six months ended September 30, 2025, achieving substantial revenue increase and a meaningful improvement in gross profit following its strategic transformation and acquisition-led growth strategy.
The Company reported:
Total revenue of $12,413,039 for the six months ended September 30, 2025, compared to $68,454 in the prior-year period, representing ~18,037% year-over-year growth.
Net profit attributable to the Company of $97,708, a significant improvement from ($412,181) in the 2024 interim period, signaling strong initial profit contribution alongside rapid revenue growth.
“We believe this reporting period marks a defining milestone,” Xiaoyue Zhang, CEO, stated. “Our interim performance showcases revenue momentum and accelerating profit formation, highlighting fast transitional growth cycle of the Company. We remain committed to advancing shareholder value through continued innovation, disciplined execution, and sustainable expansion.”
The revenue growth was primarily driven by the strong performance of its U.S. subsidiaries, including Bomie Wookoo Inc., Wookoo LLC and Bomie US LLC, in the business of e-commerce product sales, and TikTok-related e-commerce solution services, including digital branding, consulting, and advertising production services. The interim gross profit for the six months ended September 30, 2025 increased to $2.48 million compared to $9,276 in 2024, demonstrating significant margin expansion driven by scale, while enhanced profitability metrics and a reduced net-loss profile. The Company believes that the results reflect increasing operational leverage and the successful exit of its legacy loss-incurring business segments.
About Paranovus Entertainment Technology Limited
Paranovus Entertainment Technology Ltd. focuses e-commerce and TikTok-related e-commerce solutions through its subsidiaries. In March 2025, the Company completed the acquisition of the controlling equity interests of Bomie Wookoo Inc., a New York company that offers e-commerce solutions. As part of its strategic transformation, Paranovus has exited its legacy businesses, including the e-commerce, internet information, and advertising businesses in September 2023 and ceased its automobile sales business in July 2024.
For more information on our latest innovations and developments, visit https://www.pavs.ai/.
Forward-Looking Statements
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 performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may, “will, “intend,” “should,” “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 goals and strategies; the Company’s future business development; the Company’s future acquisition opportunities; the Company’s ability to identify any acquisition opportunities that fit with our business strategies;the Company’s ability to consummate an attractive acquisition and realize the benefits of such transaction; product and service demand and acceptance; changes in technology; economic conditions; reputation and brand; the impact of competition and pricing; government regulations; fluctuations in general economic, the COVID-19 outbreak and its impact on our operations 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. 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 U.S. Securities and Exchange Commission, 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.
Step into Galaxy Macau to enjoy magical precinct-wide experiences this Winter, unwrapping dazzling seasonal shopping rewards and lucky draws, tasty dining and glittering entertainment as the season of self-reward and gifting comes to life at Asia’s award-winning luxury resort.
MACAU SAR – Media OutReach Newswire – 5 December 2025 – Galaxy Macau Integrated Resort proudly unveils its spectacular “Gift Yourself Extraordinary” Winter extravaganza, ushering in a season of self-reward, togetherness, and gifting. The award-wining luxury resort has been transformed into a snow-filled wonderland of magical interactive installations, bespoke winter experiences, indulgent dining and exciting shopping offers, elevated by exhilarating live entertainment as the year draws to a close in a crescendo of glorious gifting.
Guests are invited to embark on a whimsical journey with a cast of lovable characters, uncovering hidden treasures across the resort with an even more rewarding experience at Galaxy Promenade inviting guests who shop MOP8,000 or more to join the lucky draw at the giant gacha machine while capturing their glamorous moments at Promenade Central.
The Festive Five, Galaxy Macau’s lovable winter mascots, escort guests on a journey throughout Asia’s award-winning luxury resort. Touching all with heartwarming fun and showering gifts, prizes and rewards along the way.
At the heart of this celebration are Galaxy’s delightful winter mascots – “The Festive Five” – each symbolising Galaxy Macau’s five unique pillars: premium dining, award-winning luxury accommodations, exquisite shopping, spectacular performances and spellbinding entertainment.
Standout shopping rewards to ‘Gift Yourself Extraordinary’
This season, festive shopping rewards take centre stage and from December 18 to January 4, spend of MOP20,000 or more at Galaxy Promenade’s stores to enjoy shopping and dining rebates of up to 7%. In addition, payments by UnionPay can enjoy a host of additional rewards. Spend MOP8,000 or more for a chance to win instant prizes in the lucky draw and capture stylish moments at Promenade Central to redeem a limited-edition “Giftie” charm featuring one of the adorable characters from The Festive Five; adding surprise touches to every holiday shopping journey.
This exclusive experience is available to guests presenting shopping or dining receipts of MOP500 or more, a ticket to a Galaxy Arena, G Box or Broadway Theatre show, or a key card with key card holder from any of Galaxy Macau’s nine luxury hotels.
Exquisite objects feature in each Galaxy Promenade store front, as exceptional gifts come to life for a festive season shopping experience like no other. Home to a curated collection of the world’s finest brands, Galaxy Promenade has recently welcomed the largest lululemon store in Hong Kong and Macau, in addition to Promenade Central’s new Italian shopping district featuring Italian high jeweller Buccellati.
TOD’S Winter Holidays Pop-up at Pearl Lobby lends Italian artisanal heritage to the mix, with après ski elegance and ski-inspired fun. Guests can explore exclusive holiday designs, immersive experiences, and refined craftsmanship, further cementing Galaxy Macau’s place as Macau’s ultimate destination for experiential luxury retail.
Galaxy Macau Transforms into a Snowy Wonderland
At the Jade Lobby a unique centrepiece seamlessly blends a shimmering Christmas tree with a snow globe design to create an enchanting festive icon. At joyful moments, the installation comes to life with a dazzling display of light, snow flurry and sound, choreographed to Christmas melodies. Inside the globe, a picturesque Christmas Village scene radiates, with a twirling display of The Festive Five inviting guests to pause and immerse themselves in the magic of the season.
“Gift Yourself Extraordinary” this festive season by shopping at Galaxy Promenade, spending MOP8,000 or more to join the lucky draw at the giant Gacha machine at Promenade Central for chances to win dining and shopping vouchers for a more rewarding festive season.
Across the resort, festive splendour abounds. While Galaxy Promenade sparkles with glittering snow-filled fun around every corner, the Diamond Lobby welcomes visitors with a resplendent golden winter cascade and a specially choreographed Christmas-themed Diamond Show, set to a magical soundtrack of orchestral sleigh bells. Meanwhile, in the Pearl Lobby, the Bubble Lift carries The Festive Five off on a magical journey, adding yet another layer of wonder to this celebration of the joys of gifting.
For unforgettable photo moments, at Promenade Central a spectacular Christmas bauble-shaped dome features cutting-edge AR technology that brings a mesmerising snowfall to life, perfect for capturing the festive spirit. This exclusive experience is available to guests presenting shopping or dining receipts of MOP500 or more, a ticket to a Galaxy Arena, G Box or Broadway Theatre show, or a key card with key card holder from any of Galaxy Macau’s nine luxury hotels.
Across the Galaxy Macau luxury resort, festive elegance reigns supreme with opulent Christmas trees, shimmering light installations, and whimsical pop-up experiences. Seasonal shopping rewards, exciting lucky draws and exclusive promotions add even more sparkle, ensuring every visit is filled with the wonder of gifting surprises and extraordinary experiences.
Electric Vibes Heat Up Winter
The celebrations warm winter with a line-up of spectacular live performances. Galaxy Arena will host the “2025 iQIYI Scream Night” on December 6, featuring a glittering array of stars, followed by the JSTV “Crush of Music” Music Festival on January 2 to ring in 2026 in grand style. Broadway Theatre welcomes Hong Kong singer-songwriter Gareth.T from December 5–7 and legendary French pianist Richard Clayderman on December 13. The Galaxy Auditorium will also stage an unforgettable evening on December 28 with “Galaxy Music Gala: Sumi Jo – Mad for Love,” starring the iconic South Korean soprano and one of the best-selling classical artists in the world, to welcome the New Year with a joyous symphony.
Electrifying performances and sophisticated music galas make Galaxy Macau the most exciting place to be this winter at a multitude of performance venues, including Macau’s largest indoor arena – Galaxy Arena – heating up the vibes for the festive season.
Celebrate the New Year in spectacular style with a trio of vibrant countdown parties at Galaxy Macau. At the world’s first speakeasy Long Bar, festive cocktails and glamorous vinyl DJ vibes abound. Meanwhile, Andaz Macau sets the stage with Portuguese-Macanese flair, wooden archways, azulejo tiles, and electrifying live sets by DJ Kriel, ensuring a night of rhythm, flavour, and festive exhuberance to dance into 2026. The Ritz-Carlton Bar & Lounge presents “Countdown to Cabaret”, welcoming the new year with a glittering gold theme. Further details are available at www.galaxymacau.com/offers/dining/glamorous-countdown-parties-2025/?noRedirect=1
Galaxy Macau Unveils a Haven of Seasonal Gastronomy
Celebrate the magic of winter with indulgent Christmas and New Year delights across over 15 dining destinations for a selection of the best of Galaxy Macau’s premium gastronomic offerings. From festive afternoon tea sets and succulent festive roasts to lavish buffets, indulgent Asian specialties, and warming winter cocktails, there’s something to satisfy every palate. Details are available at www.galaxymacau.com/offers/dining/gift-yourself-extraordinary-gastronomic-journey/
This winter, embark on a festive culinary journey at Galaxy Macau and StarWorld Hotel.
This winter, Galaxy Macau, StarWorld hotel and Broadway Macau offer warming winter specialties to share, including a total of 99 different hot pots and casseroles! In addition, Taste of Asia welcomes Burger Mania, a new home for delicious smash burgers, signature curly fries and refreshing sodas, only at Galaxy Macau. Meanwhile at Bangkok Bites and Macau Bites tasty local snacks are on offer, with comfort food favourites at Bowl of Wealth Congee & Noodles for authentic staples.
Immersive Warming Winter Spa Rituals
Immerse in two spa therapies inspired by traditional wisdom and natural energy for festive serenity, spiritual balance, warmth and tranquillity. From now until December 31, Galaxy Macau presents a collection of seasonal wellness therapies as the perfect antidote to the busy festivities.
Wellness therapies nourish both body and soul this winter at Galaxy Macau’s award-winning spas.
Chinese Meridian Therapy and Bamboo Warmth Massage at Banyan Tree Spa Macau offer 90-minute rituals, with the former restoring harmony by stimulating acupressure points and enhancing the flow of Qi, and the latter melting away fatigue and muscular tightness by gliding warm bamboo rods. Each is priced at MOP2,100++ and a 30-minute extension is available at an additional MOP580++.
At The Ritz-Carlton Spa, Macau Winter Wonderland Spa Journey warms and exfoliates with a gingerbread body polish, followed by a calming ESPA aromatherapy massage, complete with access to the aroma steam room, vitality pool, and relaxation lounge for festive bliss. This 90-minute ritual is priced at MOP1,800++ per person.
This winter, Galaxy Macau transforms into Asia’s most spellbinding glittering stage for unforgettable experiences – where World Class Asian Heart service makes every interaction this winter a gift, and every moment extraordinary.
For more information and news about Galaxy Macau, please visit www.galaxymacau.com.
Winter Fun on Ice at Lai Chi Vun Shipyards
Galaxy Entertainment Group (GEG) is proud to announce “Galaxy Entertainment Lai Chi Vun Shipyards Ice Skating Carnival”, held at Lai Chi Vun Shipyards, a tourism and cultural project curated in association with the Macao SAR Government, as part of GEG’s corporate social responsibility efforts to diversify Macau’s economy and tourism offerings to local and international visitors alike.
Featuring a 28-metre-long ice-skating rink, social-media-popular festive installations and eight booths offering unique retail items and signature local Macanese snacks, the Carnival will be open every weekend between December 24, 2025 and January 25, 2026, in addition to December 24-25, 31 and January 1. Entry is free of charge.
Celebrations in Style at StarWorld Hotel
The joy of winter continues at StarWorld Hotel. This festive season, StarWorld Hotel offers guests an elegant setting for celebrations and gatherings. From intimate moments shared with friends and loved ones to vibrant countdown parties, the hotel promises indulgence and thrilling festive excitement. Guests can immerse themselves in the holiday spirit with Michelin-starred dining at Feng Wei Ju among the delectable dining options on offer, and unrivalled entertainment at the Macau Peninsula’s most spellbinding destination for excitement and festive fun.
At Galaxy Macau ‘Gift Yourself Extraordinary’ Festive Dining Highlights Include:
Outlet
Details
Date
Highlights
Price
CHA BEI
Festive Special Delicacies
Dec 8 – Jan 4
2 complimentary glasses of wine for every Beef Wellington ordered
From MOP98+ to MOP638+
Festive Afternoon Par-Tea
Dec 18 – Jan 4
/
MOP598+ for 2
Yule Log Workshop
Dec 21
90-minute workshop, a cake and a 3-course set lunch
MOP488 per person
8½ Otto e Mezzo BOMBANA
Festive Lunch and Dinner Set Menu
Dec 24 – Jan 1
A complimentary box of handcrafted chocolates
Lunch Set Menu:
4 courses menu – MOP1,200/person (add MOP300 for Winter Black Truffle)
Dinner Set Menu:
MOP3,800/person
4 courses menu
(exclusively available for 17:30 seating) – MOP2,600/person
The Apron Oyster Bar & Grill
Festive Special Dish
Dec 1 – Jan 4
“Porchetta” Italian Style Suckling Pig –
2 complimentary glasses of red wine with every order
MOP398+ per dish
gaga
Festive Surf & Turf Celebration Set Menu
Dec 1 – 31
2 complimentary glasses of red wine with every order
MOP788+ per set
Casa da Rosa
Festive Warming Drink
Dec 1 – 31
Apple Cinnamon Latte
MOP42 per cup
Passion. by Gérard Dubois
Festive à la carte dishes and pastries
Dec 1 – 31
/
From MOP38 to MOP85
Nagomi
Winter Afternoon Tea Set
Dec 1 – Jan 4
/
MOP598 for 2
Yamazato
Christmas Kaiseki
Dec 24 & 25
Sake pairing for an additional MOP638+
MOP1,880+ per person
New Year Kaiseki Dinner
Jan 1 – 3
Osechi Lunch Set
Jan 1 – 2
/
MOP680+ per person
Saffron
Christmas 8-Course Dinner Set
Dec 13 – Jan 1
Complimentary welcome cocktail
MOP888+ per person
Andaz Kitchen
Christmas Dinner Buffet
Dec 24 & 25
Reserve in advance to receive one bottle of sparkling wine
MOP688+
per adult;
MOP388+
per child
(6-12yrs)
New Year’s Eve Dinner Buffet
Dec 31
MOP788+
per adult;
MOP488+
per child
(6-12yrs)
Andaz Bar
Countdown Party
Dec 31
DJ Kriel and live music from a vibrant duo
Free-flow package MOP299++,
Add MOP100++ for one glass of Champagne paired with 10g of caviar
Free Entry
Kyo Watami
Festive Dinner 8-course Set Menu
Dec 20 – Jan 2
/
MOP888+ for 2 persons
Raffles Lounge & Terrace
Christmas Set Menu
Dec 24 & 25
Complimentary customised 3D Raffles gift card & Petits Fours
MOP1388++ per person
New Year’s Eve Set Menu
Dec 31
MOP1588++ per person
Long Bar
Countdown Party
Dec 31
/
From MOP388+ per person
Festive Special Drinks
Dec 16 – 31
/
From MOP128+ per glass
Café de Paris Monte-Carlo
Christmas Turkey Take Away Set
Dec 1 – 31
Succulent Roast Turkey / BBQ Pork Ribs
MOP1,688
(Portion for 6-8 diners);
MOP2,088
(Portion for 8-10 diners)
Lai Heen
Christmas 8-Course Degustation Menu
Dec 24 – 25
/
MOP1,688+ per person
The Ritz-Carlton Café
Festive Sunday Brunch
Dec 7, 14, 21, 25 & Jan 1
Free flow of a variety of drinks
Per adult: MOP698+ to 988+
Per child:
MOP328+
Christmas 5-Course Dinner
Dec 24 – 25
1 complimentary glass of select Champagne
Add MOP288+ for Caviar and Winter Truffle
Add MOP488+ for wine pairing
MOP988+ per person
Festive Turkey Takeaway Set
Now until Dec 31
Herb-Roasted Turkey / Orange Honey Glazed Ham;
With sides
MOP1,388
(Portion for 4 – 5 diners)
MOP1,788
(Portion for 6 – 8 diners)
The Ritz-Carlton Bar & Lounge
A Memorable Christmas Afternoon Tea
Dec 1 –
Jan 2
Complimentary drinks
MOP538++ per person
(Tea or coffee)
MOP738++ per person
(2 glasses of Barons de Rothschild, Cuvee Ritz Brut Champagne, tea or coffee)
Festive Cocktails
Dec 1 – 30
/
From MOP138++
Urban Kitchen
Festive Dinner Buffet
Dec 1 – 23; 26 – 30; Jan 1
/
Per adult: MOP688+;
Per child: MOP340+
Christmas and New Year’s Dinner Buffet
Dec 24, 25 & 31
1 complimentary bottle of G.H. Mumm Brut Grand Cordon Rouge Champagne per 2 adults
Dec 24 – 25
Per adult: MOP1,188+;
Per child: MOP495+
Dec 31
Per adult: MOP888+;
Per child: MOP395+
The Lounge
A Merry Seafood Celebration
Dec 1 – 31
1 complimentary bottle of Moët & Chandon Brut Impérial Champagne
MOP1,288++ for 2
The Ritz-Carlton Bar & Lounge
Countdown to Cabaret
Dec 31
/
Entrance Fee:
488++ includes 2 complimentary drinks
Table Package:
MOP1,688++ to MOP6,688++
Hashtag: #GalaxyMacau
The issuer is solely responsible for the content of this announcement.
About Galaxy Macau Integrated Resort
Galaxy Macau, The World-class Luxury Integrated Resort delivers the “Most Spectacular Entertainment and Leisure Destination in the World”. Developed at an investment of HK$43 billion, the property covers 1.1 million-square-meter of unique entertainment and leisure attractions that are unlike anything else in Macau. Nine award-winning world-class luxury hotels provide close to 5,000 rooms, suites and villas. They include Banyan Tree Macau, Galaxy Hotel™, Hotel Okura Macau, JW Marriott Hotel Macau, The Ritz-Carlton, Macau, Broadway Hotel, Raffles at Galaxy Macau, Andaz Macau and the opening-soon Capella at Galaxy Macau. Unique to Galaxy Macau, the 75,000-square-meter Grand Resort Deck features the world’s longest Skytop Adventure Rapids at 575-meters, the largest Skytop Wave Pool with waves up to 1.5-meters high and 150-meters pristine white sand beach. Two five-star spas from Banyan Tree Spa Macau and The Ritz-Carlton Spa, Macau help guests relax and rejuvenate.
As the dining destination in Asia, Galaxy Macau offers a wide variety of gastronomic delights, exquisite experiences and ingredients of the finest quality with over 120 dining options from Michelin dining to authentic delicacies; Galaxy Promenade is the hottest shopping destination featuring the latest in fashion and curated experiences in Macau. Spanning over 100,000-square-meter, luxury flagship stores, lifestyle boutiques and our selection of labels are among the more than 200 world-renowned brands for a world-class shopping journey; Galaxy Cinemas, immersive thrills and luxurious comfort go hand in hand at Galaxy Cinemas. All 10 theatres are equipped with the latest audio-visual technology; CHINA ROUGE, one-of-a-kind deluxe lounge that evokes the glitz and glamor of Shanghai’s golden era with entertainment in luxury and style; and Foot Hub presents the traditional art of reflexology to make you feel more relaxed and revitalized. For Authentic Macau Flavours & Vibrant Asian Experiences, Broadway Macau – just a 90-second walk via a bridge from Galaxy Macau, has over 35 Authentic Macau & Asian Flavours at its Broadway Food Street. The 2,500-seat Broadway Theatre plays host to world-class entertainers and a diverse array of cultural events. Meeting, incentive and banquet groups are also well looked after with a portfolio of unique venues in Galaxy Macau and a professional service staff.
Galaxy International Convention Center (GICC) is the latest addition to the Group’s ever-expanding integrated resort precinct and will usher in a new era for the MICE industry in Macau. GICC is a world-class event venue featuring 40,000-square-meter of total flexible MICE, and a 16,000-seat Galaxy Arena – the largest indoor arena in Macau.
HONG KONG, Dec. 5, 2025 /PRNewswire/ — Kuaishou Technology (“Kuaishou” or the “Company”; HKD Counter Stock Code: 01024 / RMB Counter Stock Code: 81024), a leading content community and social platform, announced that on December 3, 2025, Kling AI released the Kling Video 2.6 Model. This update introduces a milestone capability for “simultaneous audio-visual generation,” fundamentally transforming the traditional workflow of AI video production model of silent visuals followed by manual dubbing. By enabling the simultaneous generation of visuals, natural voiceovers, sound effects, and ambient atmosphere in a single pass, the model reconstructs the AI video creation workflow and significantly accelerates creative efficiency.
Redefining AI Video Creation Workflow with World-Leading Chinese Voice Generation
The Kling Video 2.6 Model upgrades two major capabilities: text-to-audio-visual and image-to-audio-visual generation. Whether inputting either text or combining images with prompts, users can directly generate videos complete with speech, sound effects, and ambient sounds. The model currently supports Chinese and English voice generation, creating video content up to 10 seconds in length.
This upgrade reshapes the traditional AI video creation workflow, which typically requires generating silent footage first and using separate software for post-production audio. With Kling Video 2.6 Model, creators can instantly generate fully integrated videos with voiceovers, sound effects, and ambient sounds, significantly enhancing creators’ efficiency.
Leveraging deep semantic alignment between real-world sounds and dynamic visuals, the Kling Video 2.6 Model delivers exceptional performance in audio-visual synchronization, audio quality, and semantic understanding.
With audio-visual coordination at its core, the Kling Video 2.6 Model achieves tight coordination between voice rhythm, ambient sound, and visual motion. This deep alignment ensures that visual dynamics match audio rhythms, eliminating the disjointed “mismatched audio-video” experience often found in traditional workflows.
In terms of audio quality, beyond supporting a variety of sound types such as voice, sound effects, and ambient sounds, the model generates cleaner, richly layered audio quality. The overall auditory experience closely mirrors realistic audio mixing, meeting the rigorous standards for audio detail in professional-grade production.
Regarding semantic understanding, the model demonstrates robust comprehension of textual descriptions, colloquial expressions, and complex storylines across varied scenarios. It accurately captures creator intent to deliver logically coherent audio-visual content that precisely meets user requirements. Additionally, the Kling Video 2.6 Model maintains world-leading position in Chinese voice generation performance.
One-Click “Simultaneous Audio-Visual Generation” Drives Efficiency Revolution Across Diverse Creative Scenarios: Advertising, Marketing, Social Media, and E-Commerce
The Kling Video 2.6 Model supports the generation of standalone or combined audio types – including speech, dialogue, narration, singing, rap, ambient sound effects, and mixed sound effects. This versatility facilitates broad applications in video content creation across industries such as advertising, marketing, social media, and e-commerce, significantly enhancing creative efficiency.
For example, in advertising and marketing, the Kling Video 2.6 Model enables one-click generation of short ads featuring narration, character dialogue, and product showcases with comprehensive sound effects. This significantly lowers advertising production costs while improving efficiency.
In social media, the Kling Video 2.6 Model offers extensive applications. Its multi-character dialogue capability allows creators to produce a variety of content, including interviews, scripted performances, and comedy skits. In addition, its music performance capabilities enable diverse creative expressions, including singing, rap, and instrumental performances. With the Kling Video 2.6 Model, creators can substantially reduce costs while streamlining workflows, making social media content creation easier and more budget-friendly.
In e-commerce, leveraging solo monologue and narration capabilities, the Kling Video 2.6 Model effectively automates the creation of videos for e-commerce product showcases highlighting key selling points, helping merchants improve operating efficiency.
The launch of the Kling Video 2.6 Model further reduces the costs and complexities of video production within the content creation industries. Moving forward, Kling AI remains committed to developing practical capabilities, empowering creators with superior, easy-to-use AI video creation tools that deliver higher performance.
About Kuaishou
Kuaishou is a leading content community and social platform in China and globally, committed to becoming the most customer-obsessed company in the world. Kuaishou uses its technological backbone, powered by cutting-edge AI technology, to continuously drive innovation and product enhancements that enrich its service offerings and application scenarios, creating exceptional customer value. Through short videos and live streams on Kuaishou’s platform, users can share their lives, discover goods and services they need and showcase their talent. By partnering closely with content creators and businesses, Kuaishou provides technologies, products, and services that cater to diverse user needs across a broad spectrum of entertainment, online marketing services, e-commerce, local services, gaming, and much more.
Forward-Looking Statements
Certain statements included in this press release, other than statements of historical fact, are forward-looking statements. Forward-looking statements generally can be identified by the use of forward-looking terminology such as “may”, “might”, “can”, “could”, “will”, “would”, “anticipate”, “believe”, “continue”, “estimate”, “expect”, “forecast”, “intend”, “plan”, “seek”, or “timetable”. These forward-looking statements, which are subject to risks, uncertainties, and assumptions, may include our business outlook, estimates of financial performance, forecast business plans, growth strategies and projections of anticipated trends in our industry. These forward-looking statements are based on information currently available to the Group and are stated herein on the basis of the outlook at the time of this press release. They are based on certain expectations, assumptions and premises, many of which are subjective or beyond our control. These forward-looking statements may prove to be incorrect and may not be realized in the future. Underlying these forward-looking statements are a large number of risks and uncertainties. In light of the risks and uncertainties, the inclusion of forward-looking statements in this press release should not be regarded as representations by the Board or the Company that the plans and objectives will be achieved, and investors should not place undue reliance on such statements. Except as required by law, we are not obligated, and we undertake no obligation, to release publicly any revisions to these forward-looking statements that might reflect events or circumstances occurring after the date of this press release or those that might reflect the occurrence of unanticipated events.
For investor and media inquiries, please contact: Kuaishou Technology Investor Relations Email: ir@kuaishou.com
HONG KONG, Dec. 5, 2025 /PRNewswire/ — Marvion Inc. (OTCQB: MVNC) today announced that it has entered into a 12-month binding Memorandum of Understanding (MOU) with STAR Warehouse Engineering Limited (“STAR”). Under the agreement, STAR will exclusively and with priority refer its engineering clients and warehouse development customers to Marvion’s subsidiaries, including United Warehouse Management Limited (UWM), KSK Logistics Limited (KSK) and Propose Enterprise Limited (Propose).
This partnership aims to integrate STAR’s warehouse construction expertise with Marvion’s warehousing, logistics, and operational capabilities, forming a strengthened pipeline for corporate client acquisition and storage facility expansion.
As a recognized warehouse engineering and planning firm in Hong Kong, STAR maintains a strong network of industrial, trading and logistics engineering clients. During the 12-month period, STAR will actively introduce its project customers to Marvion subsidiaries for potential collaboration in warehouse operations, logistics services and on-site facility support.
Marvion’s subsidiaries have committed to providing Best Commercial Efforts in supporting clients referred by STAR, including priority quotations, operational support, and customized logistics/warehousing solutions. Both parties will conduct monthly progress reviews and quarterly evaluations to track referral and cooperation performance.
A spokesperson for Marvion Inc. commented:
“This partnership with STAR aligns with Marvion’s long-term strategy in expanding logistics and warehouse infrastructure in Hong Kong. STAR’s engineering client network is expected to bring high-value corporate accounts to Marvion, contributing to growth in our warehousing operations, distribution capabilities and value-added services.”
The MOU also underscores Marvion’s commitment to strengthening its warehouse capacity, advancing logistics automation, and integrating engineering and operations resources to meet growing corporate demand.
About Marvion Inc. (OTC: MVNC)
Through subsidiaries such as UWM, KSK, and Propose, Marvion Inc. operates logistics, warehousing, distribution management and enterprise client development services in Hong Kong. The group provides one-stop transport and storage solutions to business clients.
About STAR Warehouse Engineering Limited
STAR is a professional warehouse construction and engineering management firm in Hong Kong, providing comprehensive engineering services including facility construction, renovation and warehouse planning consultancy.
HONG KONG, Dec. 5, 2025 /PRNewswire/ — Hong Kong ceramic artist Leo Wong (Wong Chun Yin) has been invited to participate in “Maison&Objet Intérieurs Hong Kong“, where his signature “Peony Pond” series will be presented in the “Design Factory” zone of the fair. Through exquisitely detailed porcelain floral sculptures that fuse Eastern aesthetics with a contemporary design vocabulary, Leo Wong introduces international audiences to the design and craftsmanship coming out of Hong Kong and Asia.
Image 1: Leo Wong Art Installation “Peony Pond”
The fair is being held from 3 to 6 December 2025 at the Hong Kong Convention and Exhibition Centre. As the interior-focused professional edition of the internationally acclaimed Maison&Objet returning to Hong Kong, it is strongly supported by the Creative Culture and Innovation Development Agency of the HKSAR Government (CCIDAHK).
Image 2: Leo Wong Art Installation “Peony Pond”
“Peony Pond” art installation – Material poetics between East and West
With “Material poetics between East and West” as its core, Leo Wong’s installation “Peony Pond” features twenty ceramic flowers captured at different stages of life, each with its own posture and chromatic depth. These are transformed into a “courtyard of pools and springs” woven from porcelain blooms and light. Set within an architectural installation that echoes a classical Chinese garden, the work stages a dialogue between flowers and space to evoke a contemporary garden scene infused with Eastern lyricism, in response to the traditional Chinese garden ideal of “painting with scenery”.
Floral forms have long been central to Leo Wong’s artistic practice. From his emblematic peonies to roses and orchids, his subjects draw from the rich symbolism that plants carry in Chinese literature. Working with finely translucent, delicately thin porcelain, he arrests the fleeting moments of a flower’s life cycle—from bud, to the cusp of opening, first bloom, and full blossom—to contemplate the arcs of life, the flow of time, and how a historic material might be infused with contemporary philosophical thought.
Each porcelain flower in the “Peony” installation requires more than one hundred hours of labour, as he sculpts every petal and minute detail by hand, allowing time and concentration to settle into each work as a palpable presence.
Image 3: Leo Wong artwork “Peony” collection
Artist interview: a vision of Craft Renaissance
Leo Wong remarked in an interview that last year he was invited to Venice to take part in Homo Faber, Europe’s leading craft biennial, exhibiting alongside more than 400 master artisans from over 50 countries. The experience gave him a profound appreciation of the fair’s core ethos: artisans are driven by lifelong passion and grounded in innate talent, maintaining a heightened sensitivity to the transformations of life, and through distilled, powerful works, translate the intricate layers where aesthetics and technique intertwine into tangible spaces and objects.
As the sole artist representing Hong Kong at the exhibition, he hopes to bring this spirit of “Craft Renaissance” back to Asia, using his work to rekindle public awareness of handcraft traditions and the contemporary value of craftsmanship. Over the past year, Leo Wong has created an art installation for Van Cleef & Arpels at its Hong Kong flagship, and has been commissioned by Starbucks to develop bespoke works for its flagship store at the Hong Kong Palace Museum and by Mandarin Oriental, Bangkok to create signature porcelain floral pieces, further advancing and embodying the unique creative role of contemporary craft within international brands and cultural institutions.
Image 4: Leo Wong artwork “Peony” collection
About the artist – Leo Wong
Renowned Hong Kong ceramic artist Leo Wong, with his signature high translucency porcelain to create extraordinarily intricate floral sculptures, pushing both the technical limits and aesthetic expression of ceramic art. By drawing together intangible heritage craft, literature and botany, he captures nature’s fleeting moments with a distinctly Eastern poetic sensibility.
Leo Wong’s works reveal the aesthetic horizon and intellectual depth of contemporary Asian ceramic sculpture. His pieces are collected by institutions and brands including Hong Kong Palace Museum, The Peninsula Hong Kong, Mandarin Oriental Hotel Group, Van Cleef & Arpels, and Chanel. He has held solo exhibitions at French May Arts Festival in Hong Kong, The Fullerton Hotel Singapore, and The Peninsula Hong Kong, and has taken part in numerous international exhibitions.
In 2024, he was selected as the sole artist to represent Hong Kong at the Homo Faber European craft biennial in Venice, exhibiting alongside over 400 master artisans from more than 50 countries. Beyond his own practice, Leo Wong founded the Hong Kong International Ceramics Association, through which he is actively engaged in arts education and community outreach.
About Design Factory – “Shifted Mirrors: Fragments of a Dreamed East”
A curated exhibition dedicated to surprise and inspire, “Maison&Objet Design Factory 2025” will artfully display design features, objects and furniture with a focus on sustainability, material innovation and cultural Le Club, proposing proactive solutions for the modern world. At its heart are 4 immersive pavilions, spanning a total of 900 square meters and showcasing over 200 creations from around 80 brands worldwide, curated by global visionaries.
Visitors will first be invited to discover an international panorama of collectible design, a new discipline at the border of design and art, under the curation of Clélie Debehault and Liv Vaisberg, founders of the Collectible shows in Brussels and New York. “Shifted Mirrors: Fragments of a Dreamed East” will present exceptional works from the most innovative designer-artists, carefully chosen from across Europe, Asia and North America, to interact in a setting imagined by Ann Chan, founder of Hong Kong Hero Design studio. This first pavilion will invite you to wander from courtyards to salons, in a dreamed habitat blending Asia and the West.
Event Details : Maison&Objet Intérieurs Hong Kong 2025 Date: Wednesday 3 to Saturday 6 December 2025 Venue: Hall 3C, Hong Kong Convention and Exhibition Centre (1 Expo Drive, Wan Chai, Hong Kong) Admission: Free access upon registration. Link
You are welcome to follow and stay connected with Leo Wong Ceramics on social platforms, including Instagram @leowongceramics or the website https://la-ceramique.com, to receive the latest news on exhibitions, exclusive previews, behind-the-scenes stories, and programme highlights.
About the Organisers:
Organiser : Maison&Objet, with the support of Tribe 22 and Le Cercle Maison&Objet (SAFI, a subsidiary of Ateliers d’Art de France and RX France) has been a leader in the international decor, design, and lifestyle community since 1994. Its trademark? Its ability to foster productive international meetings and enhance the visibility of the brands that exhibit at its trade shows and on its digital platform, as well as its singular aptitude for highlighting the trends that will set the hearts of the interior design community racing.
Maison&Objet’s mission is to reveal talent, offer opportunities for discussion and inspiration both online and offline, and facilitate business development. With two annual exhibitions and
Paris Design Week in September, Maison&Objet serves as an indispensable barometer for the entire sector.
Lead Sponsor: Cultural and Creative Industries Development Agency (CCIDA) The Cultural and Creative Industries Development Agency (CCIDA) established in June 2024, formerly known as Create Hong Kong (CreateHK), is a dedicated office set up by the Government of the Hong Kong Special Administrative Region (HKSAR Government) under the Culture, Sports and Tourism Bureau to provide one-stop services and support to the cultural and creative industries with a mission to foster a conducive environment in Hong Kong to facilitate the development of arts, culture and creative sectors as industries. Its strategic foci are nurturing talent and facilitating start-ups, exploring markets, promoting cross-sectoral and cross-genre collaboration, promoting the development of arts, culture and creative sectors as industries under the industry-oriented principle, and promoting Hong Kong as Asia’s creative capital and fostering a creative atmosphere in the community to implement Hong Kong’s positioning as the East-meets-West centre for international cultural exchange under the National 14th Five-Year Plan.
RIYADH, Saudi Arabia, Dec. 5, 2025 /PRNewswire/ — The Real Estate General Authority (REGA) in the Kingdom of Saudi Arabia has announced the launch of a new national platform under the name “Saudi Properties.” This will serve as the official platform for all real estate ownership transactions by non-Saudis within the Kingdom, as part of the ongoing preparations for the Non-Saudi Property Ownership Law to enter into force in mid-January 2026.
The Saudi Properties brand was first unveiled during REGA’s participation in the “Cityscape Global” exhibition, hosted in Riyadh in November 2025. This announcement marks a pivotal milestone toward strengthening the regulatory framework of the real estate investment environment and enhancing transparency and reliability.
As the law takes effect, the Authority has also designated non-Saudi real estate ownership as one of the main themes of the Real Estate Future Forum, scheduled to be held in Riyadh next January. The Forum will bring together a broad and distinguished group of leaders and experts to discuss future trends in real estate markets and the promising investment opportunities in the Kingdom’s real estate sector.
“Saudi Properties” aims to serve as the official gateway for all ownership processes. This includes browsing real estate opportunities, communicating with developers, submitting applications, verifying eligibility, and connecting with relevant entities within an integrated ecosystem. This will provide investors with a simple, seamless, and reliable digital journey to purchase property in the Kingdom. The platform is one of the core enablers for implementing the Non-Saudi Property Ownership Law, ensuring smooth execution domestically and internationally.
The portal further seeks to enhance international confidence in the Kingdom’s real estate environment, providing a trusted, safe, and user-friendly experience for investors and residents seeking property ownership. This will support market growth and help maintain the balance between supply and demand through the provision of integrated digital services with accurate and up-to-date information, enabling investors to make informed, data-driven decisions.
The launch of the “Saudi Properties” portal marks a significant milestone in strengthening the Kingdom’s position as a leading global destination for real-estate investment. It reflects an integrated national vision to build a comprehensive real estate environment that supports economic growth and enhances quality of life.
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