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Anlev Achieves New Milestones for Global Expansion

HONG KONG SAR – Media OutReach – 18 October 2023 – Analogue Holdings Limited (“Analogue” or the “Company”, together with its subsidiaries, collectively the “Group”) (stock code: 1977), a leading electrical and mechanical (“E&M”) engineering service provider in Hong Kong, is pleased to announce its global brand of lifts, escalators and moving walkways, Anlev Elevator Group (“Anlev“), has completed the acquisition of two lift companies in the United Kingdom, achieving another milestone in its strategy to go global.

When Anlev was founded in 1991, it was envisaged “A New Lift and Escalator Vision” and therefore named Anlev. Over the years, Anlev has been expanding its business with the mission to provide safe, comfortable, energy efficient and reliable lifts and escalators to global market. Anlev’s strategy into building alliances outside of Hong Kong began in 2019 through an equity acquisition of Transel Elevator & Electric Inc. (“TEI“), one of the largest independent lift and escalator companies in New York. Meanwhile, Anlev (UK) Limited was set up in 2020 to gain a foothold in Europe. Today, Anlev products from its own manufacturing facilities in Nanjing, China are exported to over 20 countries covering six continents serving millions of customers, gaining their long-term trust and support.

To further its global expansion strategy, Anlev has recently completed two acquisitions in the UK market. Anlev now owns 51% of JCW Lifts Limited (“JCW“) and 100% of Precision Lift Services Limited (“Precision“), both successful lift businesses in the UK. JCW is based in Yorkshire with focus in London, Manchester, Leeds and other major cities, and a reputation for its skills to install all types of high-rise passenger and goods lifts. Based in Essex, Precision sells and modernises all types of lifts with repair, routine and comprehensive services across the South East England.

Dr Otto Poon Lok-to, Chairman of Analogue Holdings Limited, said, “I am delighted to note our recent success in securing and executing sizeable lift contracts in Manchester, Birmingham and London. With the acquisitions of JCW and Precision, Anlev Elevator Group will provide comprehensive one-stop lift and escalator services for customers in the UK, as well as establishing our position in Europe.”

JCW and Precision will be given considerable autonomy while Anlev will provide these two companies with access to a wider array of designs and products to further strengthen their capabilities and businesses – a win-win for all.

“Anlev will continue to explore suitable synergistic business partnerships that align with our strategic goals and values, and seek new distributors to further our global expansion plan,” Dr Poon concluded.

Hashtag: #AnalogueHoldingsLimited

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

About Analogue Holdings Limited

Established in 1977, Analogue Holdings Limited is a leading electrical and mechanical (“E&M”) engineering service provider headquartered in Hong Kong, with operations in Macau, Mainland China, the United States and the United Kingdom. Serving a wide spectrum of customers from public and private sectors, the Group provides multi-disciplinary and comprehensive E&M engineering and technology services in four major segments, including Building Services, Environmental Engineering, Information, Communications and Building Technologies (“ICBT”) and Lifts & Escalators.

The Group also manufactures and sells Anlev lifts and escalators internationally and has entered into an alliance with Transel Elevator & Electric Inc. (“TEI”), one of the largest independent lifts and escalators companies in New York, the United States. The Group’s associate partner, Nanjing Canatal Data Centre Environmental Tech Company Limited (603912.SS), specialises in manufacturing of precision air conditioners.

About Anlev Elevator Group

Anlev Elevator Group (“Anlev”) is a subsidiary of ATAL Engineering Group, specialising in provision of one-stop services from design, manufacturing, sales, installation, service, modernisation to maintenance of all forms of vertical or horizontal transportation systems around the world. Engineered for comfort, safety and energy efficiency, Anlev’s complete range of lifts, escalators and moving walkways provide reliable and efficient transport systems for passengers in Asia, Australia, the Americas, Europe and Africa.

Thailand to Attract More Russian Tourists with Longer Visa-Free Stay During High Season

Thailand expects to attract more Russian tourists this year. (Photo/AFP)

Thailand is expecting a surge in tourism from Russia during the final two months of the year as the government will grant a longer visa-free stay for Russian citizens throughout this upcoming high-season.

Hong Kong Life launches a 10-week “Care We On Health Challenge” Giving out eCoupons worth HKD40,000 in total

HONG KONG SAR – Media OutReach – 20 October 2023 – Hong Kong Life has announced the launch of a 10-week reward campaign named as “Care We On Health Challenge”. The campaign integrates game elements into the official WhatsApp account of Hong Kong Life, allowing participants to grasp health tips and win rewards through a simple interactive Q&A game, thereby encouraging and promoting the cultivation of healthy lifestyle and habits.

From now until 28 December 2023 (the “Campaign Period”), participants can join the “Care We On Health Challenge” (the “Campaign”) through the WhatsApp link ( https://bit.ly/45Aqayg ) of the Campaign. Participants will instantly receive the multiple-choice question (“Weekly Question”) related to physical and mental wellness, Hong Kong Life will automatically send out the Weekly Question to participants via WhatsApp on every Friday. Participants may answer each Weekly Question within the designated time frame. The first 200 participants who answer the Weekly Question will be entitled to a HKD20 eCoupon, and those who participate continuously for 10 weeks will have a chance to win a total of HKD200 eCoupons.

Mr. Jonathan Ko, Chief Marketing Officer of Hong Kong Life, said, “Hong Kong Life launched its official WhatsApp Official Account in this September. We are now attempting to incorporate game elements into the WhatsApp platform by introducing the ‘Care We On Health Challenge’, which combines simple Q&A sessions with instant rewards, providing our participants with a brand-new gaming experience. Through the health tips and rewards offered by the campaign, we hope to encourage participants to establish a healthy lifestyle in long term and embark on a healthy journey together with Hong Kong Life.”

Timeline ofCare We On Health Challenge

Week Start Date

(Every Friday)

Deadline

(Every Thursday at 11:59 pm)

1st week 20 October 2023 (12:00 noon) 26 October 2023
2nd week 27 October 2023 2 November 2023
3rd week 3 November 2023 9 November 2023
4th week 10 November 2023 16 November 2023
5th week 17 November 2023 23 November 2023
6th week 24 November 2023 30 November 2023
7th week 1 December 2023 7 December 2023
8th week 8 December 2023 14 December 2023
9th week 15 December 2023 21 December 2023
10th week 22 December 2023 28 December 2023

“Care We On Health Challenge” is subject to the terms & conditions ( https://bit.ly/3QnUAzg ).
Hashtag: #HKLife #香港人壽 #CareWeOn健康挑戰 #健康貼士 #健康獎賞 #有獎遊戲



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

About Hong Kong Life

Established in 2001, Hong Kong Life Insurance Limited (“Hong Kong Life”) was founded by five local financial institutions including Asia Insurance Company Limited, Chong Hing Bank Limited, CMB Wing Lung Bank Limited, OCBC Bank (Hong Kong) Limited and Shanghai Commercial Bank Limited, which laid their foundations and have been serving people in Hong Kong for more than 50 years in average. Through our extensive network of around 130 distribution points comprising Chong Hing Bank, CMB Wing Lung Bank, OCBC Bank and Shanghai Commercial Bank, we provide a comprehensive range of insurance products and services.

A Run for Children, from Vientiane to Luang Prabang

Team We Run and staff during a press conference on 18 October 2023. (Photo: Lao Youth Radio)

A group of dedicated runners will run from Vientiane Capital all the way to Luang Prabang, covering a distance of 385 kilometers from 23 to 27 October, to collect funds for charity.

CFD trading made clear: an Octa guide

In keeping up with its clarity principle , the international broker Octa makes clear one aspect of trading at a time. Gain comprehensive knowledge about CFD trading, simply and transparently.

KUALA LUMPUR, MALAYSIA – Media OutReach – 20 October 2023 – With countless abbreviations and numerous strange and unfamiliar terms, the world of finance can be confusing. One such commonly used word is ‘CFD’. The Octa experts explain what it is exactly and how the traders can profit from it below.

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Understanding CFDs
A contract for difference (CFD) is a derivative instrument that allows traders to speculate on the prices of various assets without actually owning them. CFDs are traded between traders and brokers, where the trader agrees to exchange the difference in the price of an asset from the time the contract is opened to when it is closed. In CFD trading, traders can profit from both rising and falling markets using long and short positions.

There are several types of assets you can trade with almost any CFD broker. Those include currencies, commodities (such as gold, silver, crude oil, natural gas, and others), indices, stocks, and cryptocurrencies. They are mostly represented in pairs, e.g. EURUSD, XAUUSD, BTCUSD. Indices and stocks have ticker symbols, such as NAS100 (Nasdaq 100), AMZN (Amazon), and TSLA (Tesla).

Pros and cons of CFD trading
Like any form of trading, CFD trading has its own set of advantages and disadvantages.

Advantages of CFD trading

  • Leverage. CFDs offer high leverage, meaning traders can control a larger position with a relatively small capital. A deposit of $100 with a leverage of 1:500 will allow opening market orders worth $50,000. In this way, traders amplify their potential profits (but also their potential losses).
  • Wide range of asset types. CFD brokers typically provide a wide range of financial instruments across different asset classes. Traders can diversify their portfolios with currencies, commodities, indices, stocks, and cryptocurrencies.
  • Short selling. CFDs allow traders to profit from falling markets by short selling. The commissions and margin requirements for short positions are lower than in stock trading, while the leverage is generally higher.
  • No ownership. Since CFD traders don’t actually own the underlying assets in the contract, they don’t have to deal with issues like their physical delivery, storage, or any kind of legal paperwork and bureaucracy.
  • Accessibility. CFD trading platforms are easily accessible and often offer various trading tools, educational opportunities, and advanced analytics. The minimum recommended deposit is $100, which is lower than most conservative investments.
  • Hedging. Traders can use CFD trading to offset some of their losses in other portfolios.

Disadvantages of CFD trading

  • High risk. CFD trading involves high leverage levels, which can lead to substantial losses if the market moves against the trader. Risk management techniques help reduce the risk levels involved in trading dramatically, and yet they cannot eliminate them completely.
  • Complexity. CFD trading requires at least a general understanding of global financial markets and how certain factors influence asset prices. To open their first order, a trader will need a sound knowledge of price charts, trading platform functionality, and risk-limiting tools (including Stop Loss and Take Profit orders). However, this information is readily available with most CFD brokers.
  • Stress. Such feelings as fear, greed, and various biases can significantly influence your trading decisions, pushing you to open an order or to close it at a random moment dictated only by your emotions. It is, therefore, crucial for traders to maintain strict trading discipline and open new orders only after a considerable analysis has been performed.

The role of CFD brokers
Simply put, a CFD broker, such as Octa, is a service that provides intermediary services between an individual trader and the global markets. Retail traders cannot execute orders there on their own when it comes to financial markets with trillions of U.S. dollars in daily turnover. CFD brokers give access and all the necessary tools for market participation, including trading instruments, platforms, indicators, analytics, educational materials, and much more.

CFD trading costs
The three most common fees in CFD trading are spreads, swaps, and per-trade commissions.

The spread is the difference between a CFD’s buy (bid) and sell (ask) price. It is the main fee the broker profits from and one of the most significant costs in CFD trading. The tighter the spread, the lower the cost of trading. Brokers often offer floating spreads that can change depending on market conditions.

Swaps or overnight funding fees are charged for holding a position overnight. They depend on the interest rate differential between the currencies in a pair, called the swap rate. Swaps depend on the direction of the order (short or long) and are usually charged at midnight. On Wednesday night, traders have to pay weekend swaps, which are triple the usual size because it is accrued over two additional days—Saturday and Sunday.

Commissions are charged on each trade. This fee is separate from the spread and is typically a fixed amount per lot or trade. The commission cost varies among brokers and may depend on the type of CFD being traded.

To enhance trading opportunities and make trading more accessible for its clients, Octa decided not to charge any fees except for spreads.

It’s essential to carefully read and understand the terms and conditions provided by your chosen CFD broker. Before the one starts trading, it’s crucial to consider the total cost of trading, including spreads, commissions, swaps, and any other fees. Additionally, the one should be aware of how leverage can magnify both potential profits and losses, which can significantly impact overall trading costs. It is crucial to evaluate these costs to manage risk and maximise potential returns in CFD trading.

Hashtag: #Octa

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

About Octa

is an international broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and various services already utilised by clients from 180 countries with more than 42 million trading accounts. Free educational webinars, articles, and analytical tools they provide help clients reach their investment goals.

The company is involved in a comprehensive network of charitable and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities.

Octa has also won more than 60 awards since its foundation, including the ‘Best Online Broker Global 2022’ award from World Business Outlook and the ‘Best Global Broker Asia 2022’ award from International Business Magazine.

TLUX Singapore To Expand Their Unique Decorative Light Bulb Range

SINGAPORE – Media OutReach – 20 October 2023 – TLUX, a leading lighting provider in Singapore, has announced the expansion of their unique decorative light bulb range with the RN decorative filament LED bulb. These bulbs, which use new LED technology, allow customers to enjoy the classic beauty of traditional tungsten Edison bulbs while reducing their energy consumption.

While LED filament vintage bulbs are the standard energy-efficient alternative to incandescent light bulbs, they cannot mimic the fine filaments of traditional tungsten bulbs. As such, TLUX aims to introduce RN bulbs, which use LED chips and a laser-sculpted acrylic structure that looks similar to tungsten filament bulbs. These bulbs redefine the conventional Edison carbon filament and enable soft illumination that is friendly to the eyes. By using LED, these bulbs have a longer lifespan, consume less energy, and generate less heat than traditional tungsten bulbs. Moreover, the RN bulbs are made of high-end glass that is glossier yet more resistant to dust stains and impact than the conventional bulb.

Currently, TLUX offers a wide range of lighting solutions, including hanging pendant lights and LED track lights in Singapore. They also provide lighting packages for homes catering to HDB, condo, and landed properties. In addition to their comprehensive selection of products, TLUX harnesses advanced LED technology and produces bulbs that have a long lifespan and can save up to 90% of energy. Therefore, customers can illuminate their space, whether commercial or residential, without significantly adding to the electricity bill. By expanding their decorative light bulb range, TLUX hopes all customers can fulfil their lighting needs without compromising aesthetics.

TLUX is a reliable and innovative lighting provider in Singapore, offering energy-efficient lighting solutions for residential and commercial customers. They are always seeking to provide quality LED bulbs and fixtures at competitive prices.

For more information on TLUX and their products, do visit them at https://tlux.sg/.

Hashtag: #TLUX

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

DISREGARD RELEASE: DFI Inc.

We are advised by DFI Inc. that journalists and other readers should disregard the news release, DFI Facilitates DHBW Engineering to Achieve Third Place at Formula Student Germany with a Focus on Autonomous Driving, issued on 12-10-2023 over Media OutReach Newswire.

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

Cushman & Wakefield released its Hotels – Checking out boutique neighbourhood hotels in mainland China report

HONG KONG SAR – Media OutReach – 19 October 2023 – Cushman & Wakefield, a leading global real estate services firm, today released its Hotels – Checking out boutique neighbourhood hotels in mainland China report.

The general hotel market

Mainland China domestic tourism

According to the latest data released by the National Bureau of Statistics (China) and the China Tourism Academy, as of the first half of this year, the total number of domestic tourists reached 2.384 billion. This was an increase of 929 million when compared to the same period last year and represents an annual growth of nearly 64%. Amongst this group of people, approximately 1.859 billion visits were undertaken by urban residents, and approximately 525 million visits were undertaken by rural residents, showing year-on-year (y-o-y) increases of 70% and 44%, respectively.

Mainland China all-star hotels performance

Looking at hotel market business performance, in the second quarter of 2023, the average room rate for mainland China’s all-star hotels already surpassed the market business performance seen during the pre-pandemic period, reaching RMB 373.79 per night. At the same time, the revenue per available room increased from RMB 122.14 per night in 2022 to RMB 195.90, surpassing the level seen in 2019. Finally, the average occupancy rate also recorded an upward-trending number by registering an increase from 38.35% in 2022 to 52.41% in the second quarter of this year.

Figure 1: Mainland China domestic tourism (2013-H1 2023)

Source: The National Bureau of Statistics (China), China Tourism Academy (Data Centre of the Ministry of Culture and Tourism), Cushman & Wakefield Research

Figure 2: Mainland China all-star hotels business indicator comparison (2019-Q2 2023)

Source: Ministry of Culture and Tourism of the People’s Republic of China, Cushman & Wakefield Research

With the market recovery, all hotels stand to benefit, including boutique neighbourhood hotels. But before we go on, what exactly is a boutique neighbourhood hotel?

What is a boutique neighbourhood hotel?

Collectively, boutique neighbourhood hotels are unique, intimate, small-inventory-carrying and design, history and/or culture-inspired community-focused hotels. Level positioning is often a lesser consideration for boutique neighbourhood hotels as they concentrate on authenticity and the personalisation of the stay experience and service. Additionally, these hotels further focus on the appeal of beautiful experiences and related factors, including but not limited to the surrounding local nature and environment, the local food, the local history, the local culture and the local art.

Figure 3: Boutique neighbourhood hotels: Example characteristics

Source: Cushman & Wakefield Research

Community engagement

For a boutique neighbourhood hotel to remain true to its name, it is essential to form a strong relationship with the local community. The benefits of local community engagement are many, including more robust business sustainability for the hotel and community, heightened corporate social responsibility, augmented environmental sustainability and cost reduction. For example, sourcing locally reduces fuel consumption and air pollution. Ways of engaging are many as well and a few examples of how to connect are:

* Employing locally;

* Utilising local products;

* Organising local tours;

* Showcasing local crafts;

* Highlighting local culture, and;

* Championing local entertainment.

Shaun Brodie, Head of Research Content, Greater China, Cushman & Wakefield, said, “One important feature of a boutique neighbourhood hotel is uniqueness. Often, this is achieved through style, practicality and attention to detail. The style needs to tell the story of the hotel and make it one of a kind.”

Andrew Chan, Managing Director, Head of Valuation & Advisory Services, Greater China, Cushman & Wakefield, said, “Boutique neighbourhood hotels are a fairly new concept but given a greater emphasis on the overall stay experience by a cross-section of hotel guests in mainland China, this type of hotel is expected to be increasingly favoured for both leisure and business stay accommodation in the future.”

Francis Li, International Director, Vice President, Greater China, Head of Capital Markets, Greater China, Cushman & Wakefield, said, “Since the start of 2023, people’s willingness to travel for leisure in mainland China has grown stronger, while the business travel volume picked up rapidly. Both these factors have contributed to a rebound in performance in the general hotel market in mainland China. After the pandemic, people’s way of living has changed a lot, and along with this transformation, the hotel and tourism industry will also usher in new changes and opportunities.”

Hashtag: #Cushman&Wakefield

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

About Cushman & Wakefield

Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in approximately 400 offices and 60 countries. In Greater China, a network of 23 offices serves local markets across the region. In 2022, the firm reported global revenue of US$10.1 billion across its core services of valuation, consulting, project & development services, capital markets, project & occupier services, industrial & logistics, retail and others. It also receives numerous industry and business accolades for its award-winning culture and commitment to Diversity, Equity and Inclusion (DEI), Environmental, Social and Governance (ESG) and more. For additional information, visit .