– 11 Consecutive Quarters of Revenue Growth; Q3 Revenue Exceeds KRW 10 billion for the First Time
SEOUL, South Korea, Nov. 13, 2025 /PRNewswire/ — VUNO Inc., a global medical AI company, announced that it was profitable in the third quarter of 2025, recording consolidated revenue of KRW 10.8 billion, operating profit of KRW 1.0 billion, and net profit of KRW 1.0 billion.
Revenue rose approximately 58% year-on-year (YoY) from KRW 6.9 billion in the same period last year and 17% quarter-on-quarter (QoQ) from KRW 9.3 billion in Q2. With this, VUNO has achieved 11 consecutive quarters of revenue growth. This also marks the first time since its founding in 2014 that the company’s quarterly revenue has surpassed KRW 10 billion, signifying a major milestone in its path to sustained profitability.
Cumulative revenue for the first three quarters of 2025 reached KRW 27.6 billion, already exceeding the full-year 2024 total of KRW 25.9 billion and achieving the company’s annual growth target ahead of schedule.
The profit was driven by growth in core products and improvements in management efficiency. VUNO Med®–DeepCARS® (DeepCARS) recorded KRW 7.0 billion in Q3 revenue, up 18% YoY, contributing significantly to overall performance. Product portfolio optimization, streamlined operations, and cost management further supported the improvement in profitability.
Joon Kim, Chief Financial Officer of VUNO, said, “Stable revenue growth from our main products and improved management efficiency have strengthened our financial foundation. These results demonstrate the commercialization potential of our medical AI solutions, and we aim to establish a sustainable profit model while accelerating our global expansion.”
DeepCARS, a leading AI solution in South Korea’s medical market, predicts the risk of in-hospital cardiac arrest within 24 hours for patients in general wards. It is currently deployed across approximately 50,000 hospital beds nationwide. The company is expanding globally, preparing pilot tests with a European partner and hospitals in Germany based on its CE-MDR certification. In the United States, VUNO is pursuing FDA clearance and has presented its solution at major critical care conferences, while establishing strategic partnerships with leading U.S. hospital systems to accelerate its market entry.
About VUNO
VUNO, founded in 2014, is a leading South Korean medical AI company and the developer of the nation’s first approved AI-powered medical device. Leveraging cutting-edge AI technology, VUNO analyzes a wide range of medical data—from bio signals such as ECG, respiratory rate and blood pressure to medical images including X-rays, CT scans, and fundus images—to predict critical events and support clinicians in decision-making. Committed to patient-centered innovation, VUNO strives to make high-quality healthcare accessible to everyone, worldwide.
About VUNO Med®-DeepCARS®
VUNO Med®-DeepCARS®(DeepCARS) is an AI-powered medical device designed to monitor the risk of in-hospital cardiac arrest within the next 24 hours. It analyzes patients’ vital signs-including blood pressure, heart rate, respiratory rate, and body temperature-in general wards. As of October 2025, DeepCARS has been implemented across more than 50,000 hospital beds in South Korea, including over 20 tertiary general hospitals, establishing itself as an essential part of care. In 2023, DeepCARS received Breakthrough Device Designation (BDD) from the U.S. Food and Drug Administration (FDA) and is currently undergoing the FDA approval process.
Championing Singapore’s vision for an inclusive capital market
Caps off a strong year of achievements for Moomoo Singapore
SINGAPORE, Nov. 13, 2025 /PRNewswire/ — Moomoo Financial Singapore Pte. Ltd. (“Moomoo Singapore”) has been named Best Retail Broker in Singapore by the Securities Investors Association (Singapore) (“SIAS”), marking its third consecutive win at the SIAS prestigious Investors’ Choice Awards.
Ms Echo Zhao, Country Head of Moomoo Singapore, received the award from Mr Michael Syn, President of SGX Group, and Mr Robson Lee, member of the SIAS Management Committee, at the ceremony held on Tuesday.
This achievement makes Moomoo Singapore the only broker in Singapore to secure this honour three years in a row, underscoring its continued leadership in technology, financial education, and investor empowerment.
The recognition comes at a pivotal time for Singapore’s capital markets, as the nation renews its focus on strengthening retail participation and deepening financial literacy. Moomoo Singapore’s consistent recognition by SIAS highlights its vital role in advancing this mission — helping investors connect more deeply with the Singapore market through innovative tools, local partnerships, and community engagement.
“We are honoured to receive this award, which not only recognises the work we have done to support Singapore’s growing community of investors, but also celebrates the achivements of the investing community here. Over the past four years, Moomoo Singapore has been active in the community through our financial literacy outreach, and we are proud to be part of a small but powerful voice in the Singapore story,” said Ms Echo Zhao, Country Head, Moomoo Singapore.
Building a Stronger Investing Ecosystem in Singapore
The award comes as Moomoo Singapore celebrates its latest milestones — from new physical stores to enhanced app features and large-scale investor events that demonstrate its commitment to making investing more accessible, engaging, and rooted in the local community.
Over the weekend, the first Moomoo Stores opened at 313@Somerset and JEM — highlighting the company’s commitment to bring investing into the heart of the community. Designed as interactive spaces where investors can learn, connect, and experience Moomoo’s tools firsthand, these physical boutiques mark an important step in making investing more accessible and engaging for all.
Beyond the physical presence, Moomoo Singapore has continued to expand its digital ecosystem to meet the evolving needs of local investors. The introduction of CDP linkage has brought Singapore’s market even closer to investors’ fingertips, allowing them to view and manage their SGX-listed holdings seamlessly within the Moomoo app. As the platform surpassed 1.5 million users in Singapore, it also received regional recognition at the Asia FinTech Awards 2025, where Moomoo Singapore was named WealthTech of the Year and Personal Finance Tech of the Year. These milestones underscore the company’s commitment to empowering both retail and high-net-worth investors through innovation, education, and an inclusive investing experience.
These come as Moomoo Singapore surpassed 1.5 million users in July 2025 — meaning that one in two Singapore residents aged between 20 and 70 now invests through its platform. This scale speaks not only to growing trust in Moomoo, but also to the evolution of Singapore’s retail investing culture — one that values transparency, technology, and community.
“Moomoo Singapore is deeply woven into the fabric of our nation’s financial and social ecosystem. We’re proud to serve not just as a digital investment platform, but as a trusted partner in the financial journeys of everyday Singaporeans. Our close collaboration with SIAS reflects our shared commitment to strengthen Singapore’s capital markets and foster a more informed, confident investor community. As the country celebrates SG60, we remain dedicated to building a future where investing is more inclusive, intelligent, and accessible to all — empowering every Singaporean to take part in the next chapter of our nation’s financial story.”
– END –
About Moomoo Singapore
Moomoo Financial Singapore Pte. Ltd. (Moomoo Singapore) is an award-winning advanced financial technology company transforming the investing experience through our digitalised brokerage and wealth management platform – moomoo. Moomoo enhances the user experience with market data, news, and powerful analytical tools. Moomoo also embeds a unique digitalised investment community to connect all users, investors, companies, analysts, media and key opinion leaders.
Moomoo Singapore offers investment products for trading via the moomoo platform, and it is a capital markets services license holder regulated by the Monetary Authority of Singapore (Licence No. CMS101000), Major Payment Institution (Licence No. PS20200617) holder with the Exempt Financial Adviser Status. In July 2025, Moomoo Singapore reached the 1.5 million users milestone in Singapore.
Moomoo Private Wealth offers bespoke investment strategies for HNW and institutional clients. Backed by its cutting-edge technology platform, Moomoo Private Wealth offers a portfolio of innovative investment products and has been recognised by Asia Banking and Finance for its product excellence.
Our achievements include the WealthTech of the Year and Personal Finance Tech of the Year at the 2025 Asia Fintech Awards and a three-time winner of the SIAS Best Retail Broker Award (2023, 2024 and 2025).
Bringing together the fashion capitals of the East and West, featuring 9 Hong Kong-based and 15 Italian designers and brands
FASHION TO RECONNECT Fashion Exhibition: creating an immersive journey of sustainable aesthetics
6 Third Paradise art installations make their debut at Hong Kong cultural landmarks and popular hotspots
Launching a new chapter in Hong Kong-Italy fashion, art and sustainable development
HONG KONG SAR – Media OutReach Newswire – 13 November 2025 – The global fashion extravaganza, FASHION TO RECONNECT: A Tale of Two Style Capitals, organised by the College of Liberal Arts and Social Sciences (CLASS), City University of Hong Kong (CityUHK) with Fondazione Pistoletto Cittadellarte in partnership with Camera Nazionale della Moda Italiana and sponsored by the Cultural and Creative Industries Development Agency as a programme of the Hong Kong Fashion Fest which is presented by the Government of the Hong Kong Special Administrative Region, will be held from 17 November to 25 December 2025. This cultural exchange project is supported by the Consulate General of Italy. The FASHION TO RECONNECT project will feature 6 Third Paradise art installations reinterpreted by Hong Kong-based artists and collectives, alongside a fashion exhibition, and several moments of interaction for creatives from the two regions. The exhibition by Fondazione Pistoletto Cittadellarte and curated by Tiziano Guardini will showcase masterpieces by 9 Hong Kong-based and 15 Italian designers and brandsreflecting the cultural exchange and resonance between two regions. It will also serve as a platform to recognise designers’ contributions to sustainable fashion worldwide.
The Third Paradise, proposed by the Italian artist Michelangelo Pistoletto, represents the third phase of humanity: a balanced connection between artifice and nature. Third Paradise art installations have been showcased in Australia, Chinese Mainland, England, France, Italy, South Korea and at the United Nations Headquarters, as well as many other locations worldwide. From November to December, 6 Third Paradise art installations will be presented at 5 cultural landmarks and popular destinations in Hong Kong: the Sophia Loren House in Wan Chai, Hong Kong International Airport, City University of Hong Kong, the Hong Kong Cultural Centre, and the Hung Hom Harbourfront Promenade. The installations will feature large-scale art installations and digital videos, offering visitors and locals the opportunity to experience the Third Paradise in unexpected ways within familiar urban settings. These interactions encourage audiences to reconnect with the natural environment in their daily lives and explore new possibilities for sustainable living. The Hong Kong edition is the largest-scale event dedicated to the Third Paradise, featuring 6 installations utilising various art forms and collaborating with different creatives across multiple districts within the same city during the same period.
Taking inspiration from Third Paradise and Fondazione Pistoletto Cittadellarte, the FASHION TO RECONNECT Fashion Exhibition will be held at ArtisTree in Taikoo Place from 25 November to 24 December. The exhibition aims to elevate fashion as an artistic medium for driving social change, showcasing the creative processes and works of 9 Hong Kong-based and 15 Italian designers and brands. Through fashion, the exhibition invites visitors to consider humanity’s relationship with nature and encourages them to make conscious choices for a sustainable future.
To promote exchanges between Hong Kong (China) and Italy in the field of sustainability, FASHION TO RECONNECT is hosting a symposium, a roundtable and 2 seminars under the theme “Sino-Overseas Exchange: The Tale of Two Style Cities”. These events will be held at Soho House in Sheung Wan from 27 to 28 November. Among the speakers, Paolo Naldini, Director, Fondazione Pistoletto Cittadellarte, Sara Sozzani Maino, Creative Director Fondazione Sozzani and International New Talents and Brands Ambassador of Camera Nazionale della Moda Italiana, and Tiziano Guardini, eco-conscious designer and exhibition curator. Participants will explore the challenges and opportunities in sustainable fashion and analyse different strategies in eco-conscious design, resource management, cultural preservation, and cross-sectorial collaborations examining the shared values and unique perspectives nurtured within the cultural contexts of Hong Kong (China) and Italy to foster deeper and more creative cross-disciplinary collaboration.
Prof. Alfred Tat-kei Ho, Dean of CLASS, CityUHK, and part of the project team expressed his enthusiasm in announcing the project “CLASS is proud to announce this project as it represents a high-impact activity that will engage not only academics and professionals interested in fashion, sustainability, and art, but also the wider public through activations that will contribute to brand Hong Kong as a creative and cultural hub focusing in East Meets West. This is a concrete example of cross-sectorial collaborations that represent the direction for companies to grow and enhance their brand awareness”.
Prof. Esterina Nervino, Assistant Professor at CityUHK and Project Coordinator of FASHION TO RECONNECT commented: “With my research rooted in luxury, sustainability, and art, I am especially proud of this initiative, which brings together exceptional partners to create cultural experiences that will inspire communities and enliven districts across the city”.
Exploring the 6 Third Paradise Art Installations: A Sustainable Dialogue Through Urban Spaces
6 Third Paradise art installations will be presented at cultural landmarks and popular spots in Hong Kong on designated dates between November and December. Renowned Hong Kong artists and groups will reinterpret Michelangelo Pistoletto’s concept of the Third Paradise, with each installation expressing a unique artistic perspective. Together, these works will transform the city into a platform for public dialogue on sustainability, inviting in-depth reflection on the future in different urban spaces.
6 Third Paradise Art Installations
Date: 17 November – 07 December
Venue: Sophia Loren House, Wan Chai
In Collaboration With: Khalif Yu
Intro: Created by Khalif Yu, a fibre artisan from Hong Kong (China), the artwork skilfully employs natural materials to offer a stunning interpretation of Michelangelo Pistoletto’s Third Paradise. Created using sustainable fibres and practices, this intricate installation will adorn the balcony of the Sophia Loren House on Johnston Road in Wan Chai, serving as a breathtaking visual centrepiece that promotes sustainability. Every knot and weave reflects Khalif’s commitment to preserving nature and encouraging conversations about environmental awareness and the interconnectedness of life. The installation invites viewers to consider a shared future in which art, sustainability and community can flourish together.
Date: 19 November – 16 December
Venue: Arrival Hall of Terminal 1, Hong Kong International Airport
In Collaboration With: Vivienne Tam
Intro: Taking inspiration from the Third Paradise concept and featuring the iconic OPERA GIRL from the designs of the famous fashion designer Vivienne Tam, the digital artwork promotes sustainability by highlighting the rich tradition of Chinese opera alongside contemporary eco-conscious practices at Hong Kong Airport’s Terminal 1 arrival hall. The vibrant imagery of the OPERA GIRL is intertwined with visuals that showcase sustainable materials and methods used in opera costumes and sets, emphasising how traditional artistry can evolve to embrace environmental responsibility. As the video unfolds, it encourages travellers to appreciate the cultural significance of Chinese opera while inspiring them to adopt sustainable choices in their own lives.
Date: 20 November – 25 December
Venue: Hung Hom Harbourfront Promenade
In Collaboration With: Dorian Ho
Intro: Guided by the concept of the Third Paradise, the artwork draws on the dynamic energy of the National Games, incorporating the Third Paradise symbol into the sporting atmosphere. This allows everyone to immerse themselves in the endless vitality that resides in the harmony of the sea and sky. Sport plays a vital role in promoting sustainability by fostering community well-being, encouraging environmental responsibility and inspiring collective action towards a healthier, more sustainable future.
Date: 22 November – 19 December
Time: 07:30 – 22:30
Venue: “Tunnel of Future Innovations”, City University of Hong Kong
In Collaboration With: Zoie Lam
Intro: Riding on the Third Paradise concept, the Hong Kong-based artist Zoie Lam draws inspiration from the vibrant cultural tapestry of Sham Shui Po, infusing iconic elements of this bustling Hong Kong district into a captivating video that emphasizes sustainability. Alongside this, she weaves in the rich heritage of Italy, showcasing the charming streets and the lively markets of Italy. Through a blend of traditional motifs and contemporary aesthetics, Zoie highlights the rich street life, local markets, and architectural gems that define both Sham Shui Po and Italy, while showcasing sustainable practices and initiatives from these communities. The video, designed to be displayed in the “Tunnel of Future Innovations” connecting CityUHK and Festival Walk, serves as a visual journey, inviting viewers to experience the dynamic energy and cultural heritage of both areas while promoting awareness of environmental responsibility.
Date: 27 November – 14 December
Time: 09:00 – 23:00
Venue: G/F, Hong Kong Cultural Centre, Tsim Sha Tsui
In Collaboration With: Hong Kong Ballet
Intro: The Hong Kong Ballet is set to create a mesmerising art installation inspired by Michelangelo Pistoletto’s Third Paradise, incorporating ballet elements and materials from the popular Nutcracker ballet. Located in the main foyer of the Hong Kong Cultural Centre, this innovative piece will blend the elegance of ballet with a powerful sustainability message through upcycling practices. Incorporating costumes, props and sets from The Nutcracker, the installation will celebrate the beauty of artistic expression and highlight the importance of environmental awareness. Every element will symbolise the harmony between nature and artistry, prompting viewers to contemplate their connection to the environment.
Third Paradise Flash Mob
A Third Paradise-themed flash mob will take place in Hong Kong on 18 November in CityUHK. This flash mob will present the complete form of the Third Paradise in a performing arts format, creating a surprise showcase integrating music, art and sustainability.
Bringing Together Hong Kong (China) and Italian Design Power
The FASHION TO RECONNECT Fashion Exhibition Creates an Immersive Journey of Sustainable Aesthetics
The FASHION TO RECONNECT fashion exhibition will be held from 25 November to 24 December at ArtisTree in Taikoo Place. Created by Fondazione Pistoletto Cittadellarte and curated by Tiziano Guardini in collaboration with GuardiniCiuffredaStudio, it features sustainable fashion pieces from Italy, selected by Fondazione Pistoletto Cittadellarte in partnership with Camera Nazionale della Moda Italiana. The exhibition showcases the diversity of Italian fashion, featuring 15 established brands, emerging designers and outstanding artisan businesses. For the first time, the exhibition will also include shoes with a curated selection from archives. There will also be a special section highlighting the creative works of 9 Hong Kong-based designers, demonstrating how sustainability is at the core in the Asian context as well.
FASHION TO RECONNECT Fashion Exhibition
Date: 25 November – 24 December Time: Monday to Friday (12:00 – 20:00) Saturdays, Sundays and Public Holidays (11:00 – 20:00) Venue: ArtisTree, Taikoo Place
FASHION TO RECONNECTExhibition Pop-Up
Date: 26 November – 9 December Time: Open all day Venue: 1/F Lobby, Devon House, Taikoo Place (Outside ArtisTree)
Symposium, Roundtable and Seminars
Discussing Strategies for Cultural Exchange between East and West in the Creative Industries
To foster deeper industry dialogue, FASHION TO RECONNECT will host a symposium, a roundtable and 2 seminars on fashion and art at Soho House in Sheung Wan on 27 and 28 November. These events will bring together scholars, designers, industry leaders and business representatives from Hong Kong (China), Italy and around the world. They will focus on key topics in sustainable fashion, cultural heritage, and cross-sectorial collaborations.
FASHION TO RECONNECT 1-Day Symposium
Date: 27 November Time: 09:00 – 19:00 Venue: Soho House
FASHION TO RECONNECTRoundtable & Seminars
Date: 28 November Time: 09:00 – 16:00 Venue: Soho House
Hashtag: #FASHIONTORECONNECT #CLASSofCityUHK
The issuer is solely responsible for the content of this announcement.
About The College of Liberal Arts and Social Sciences at City University of Hong Kong
The College of Liberal Arts and Social Sciences (CLASS) at City University of Hong Kong (CityUHK) is a vibrant hub for multi-sectoral collaboration and impactful research, dedicated to advancing knowledge and addressing the challenges of a rapidly changing world. With a focus on fostering intellectual curiosity, innovation and critical thinking, CLASS includes 7 different departments offering diverse programmes in humanities and social sciences and preparing talents for different sectors, including the creative and cultural industries. The College is also committed to helping students become globally-minded leaders and innovators. Through its strong emphasis on interdisciplinary collaboration, international engagement, and experiential learning, CLASS plays a pivotal role in nurturing future leaders in Hong Kong, the Greater Bay Area, and beyond.
SINGAPORE – Media OutReach Newswire – 13 November 2025 – Zhou Liu Fu Jewellery Co., Ltd. (Stock Code: 6168) ignited online “gold fever” during the recently concluded Double 11 shopping festival, with total shipment value across e-commerce platforms, excluding Vipshop and JD.com’s self-operated channels, reaching RMB287 million, representing an increase of over 35% compared to last year’s Double 11, hitting a record high. On Tmall stores, popular products recorded sales ranging from hundreds to over thousand pieces, with multiple products selling over ten thousand pieces.
The Group’s e-commerce business demonstrated robust performance in the first ten months of this year, with revenue recording a year-on-year growth of 32%, net profit surging by 71%, and net profit margin exceeding 8% for the same period. Under China’s new gold tax policy, the Group’s Double 11 sales still showcased formidable strength, leaving no doubt about the Group’s brand influence, risk resilience, and profitability.
Since its establishment in 2004, Zhou Liu Fu has grown into a leading enterprise in China’s jewellery industry, operating 4,000 offline stores nationwide with a sales network covering the entire country. The Company listed on the Main Board of The Stock Exchange of Hong Kong in June this year. Since listing, its share price performance has been highly impressive, having more than doubled from the offer price, with its current market capitalization surpassing HKD 20 billion, becoming a focal point of industry attention.
In the fiercely competitive and aging traditional domestic jewellery market, the Group has risen to prominence through its forward-thinking management philosophy and becoming a pioneer in the youth-oriented gold jewellery trend. Following its Hong Kong listing, the Group needs to maintain rapid growth and expansion, thus giving rise to three driving forces—the cooperative partnership model, e-commerce growth, and overseas expansion—jointly propelling operating revenue to new heights.
Double 11 Sales Reach New Heights with Online-Offline Dual-Track Development
The Group’s classic flagship brand “Zhou Liu Fu”, together with emerging sub-brands “CHAOJIN” and “FENS”, commands a massive customer base domestically, particularly among young female consumers. Through brand differentiation, diversified product strategies, market positioning advantages, a nationwide network of 4,000 offline franchise and self-operated stores, and growth in online e-commerce platforms, the Group possesses powerful brand influence domestically, leading the youth-oriented trend in domestic gold jewellery.
The Group recently introduced the launch of an innovative operational cooperation model – CHAOJIN cooperative partnership stores, establishing joint venture entities with high-quality franchisees through 51% to 49% equity participation. Under this partnership model, the Group’s online traffic and brand advantages complement franchisees’ offline localized operational strengths, while the management model similar to subsidiaries enhances decision-making and execution efficiency, laying the foundation for large-scale replication. Additionally, the Group’s 51% equity allows cooperative partnership store revenue to be consolidated into the Company’s financial statements, directly increasing revenue and enhancing the Group’s attractiveness in the capital market. This new model is expected to become a new profit growth engine for the Group, accelerating offline store expansion while driving per-store revenue growth and boosting overall Group performance.
On the other hand, Zhou Liu Fu’s online channels have experienced explosive growth. Through precision marketing and product innovation, the Group achieved substantial increases in online sales, injecting strong momentum into full-year performance growth while playing a significant role in customer acquisition and empowerment for offline cooperative partnership stores. The recently concluded Double 11 particularly showcased Zhou Liu Fu’s formidable brand strength with outstanding sales performance, successfully capitalizing on the golden opportunity of online consumption. Zhou Liu Fu’s strategic positioning of online-offline collaborative development has not only expanded brand influence but also opened up entirely new growth horizons for the Group.
“Going Global” Strategy Advances Steadily with Exponential Performance Growth on Horizon
Overseas markets represent another key focus area for Zhou Liu Fu post-listing. The Hong Kong and Macau markets serve as bridgeheads for the Group’s international strategic expansion, with plans to open 10 offline stores in 2025, expanding to approximately 20 stores in 2026. The Group is simultaneously establishing stores across Southeast Asian regions including Thailand, Cambodia, Vietnam, and Malaysia, with plans to enter Singapore, Australia, and New Zealand markets next. Overseas stores will adopt the successful domestic “franchise and cooperative partnership” model to rapidly penetrate international markets, with plans to expand to over 200 physical stores in the next three years.
Hashtag: #ZhouLiuFu
The issuer is solely responsible for the content of this announcement.
HONG KONG, Nov. 13, 2025 /PRNewswire/ — On Thursday, November 27th, 30 swimmers in five teams will brave the elements to relay swim 45 kilometers around Hong Kong Island. This remarkable event, Make Waves for Hong Kong, aims to raise HK$3.5 million to provide learn to swim lessons for thousands of adults and children from disadvantaged backgrounds. Organised for the third consecutive year by charity, Splash Foundation, the event highlights a commitment to ensuring that everyone has the opportunity to learn to swim and enjoy the benefits of being in the water.
The 45 km relay swim begins at Sandy Bay and circumnavigates clockwise around Hong Kong Island.
Four Hong Kong teams will be vying for position alongside a Singapore team. The swimmers represent diverse backgrounds and swim levels, united by their motivation to share the joy of swimming with others.
Amongst the Hong Kong teams areRyan Leung, the first Hong Konger to conquer the North Channel – one of the world’s toughest swims; Janis Mok, Outreach and Strategic Partnerships Manager of the Swire Institute of Marine Science, the University of Hong Kong’s research facility at Hong Kong’s only marine reserve; and Vada Chung, Founder of Whiskers N Paws, who began open water swimming just two years ago.
Nearly Half of Hong Kong is Unable to Swim Despite having the longest coastline of any city and an abundance of swimming pools, around half of Hong Kongers, mostly women and children from low-income communities, are unable to swim. The beneficiary of the event, Splash Foundation is a charity dedicated to improving access to swimming for disadvantaged children and adults. Their programmes are free-of-cost to learners across the city and see an 80% success rate at the end of 20 hours of instruction.
Learning to Swim for Individual and Community Wellbeing Ryan Leung, Senior US Consultant at True North Education, is looking forward to swimming in his home city, “In the most challenging parts of my North Channel swim, the only way I could keep going was by adopting a mindset to focus on what I can control and accept what I couldn’t. Swimming Make Waves and expanding access to learning to swim means giving Hong Kong disadvantaged youth this tool to navigate the immense pressures they’re often under, build resilience and learn that they can achieve what may seem impossible at first.”
Janis Mok‘s career change from the finance sector into marine conservation is closely tied to her journey into open water swimming. “In Hong Kong, we have a pronounced terrestrial bias; what we don’t see, we don’t care about. I grew up as a competitive swimmer, primarily in pools, until I finally took the chance to embrace what I didn’t know. Hong Kong’s waters have been improving and become clearer and cleaner due to measures taken by the government in early 2010s. To continue this progress, Hong Kong needs to learn to swim, learn to love the water, and see for themselves all that is worth saving.”
Vada Chung, “I never realised that just a swimsuit, goggles and a swim cap could bring so much joy. I want others to discover that same joy which is why I’m swimming Make Waves. When I first swam out of the shark nets 2 years ago, I experienced something truly transformative – it was both exhilarating and strangely grounding at the same time. The swim connected my mind and breath to nature. Everything came together and I was hooked. I’m excited to help more people experience the joy swimming has given me.”
Lasting Impact Make Waves for Hong Kong funds nearly half of Splash Foundation’s annual learn to swim programmes, enabling thousands of kids and adults from disadvantaged communities to experience the transformative impact of learning to swim and to enjoy lifelong access to the water.
‘Make Waves for Hong Kong‘ is scheduled to start in the early morning hours of Thursday November 27th from Sandy Bay, near Cyberport, on the south side of Hong Kong Island. 30 swimmers in five teams will swim continuously for 11-13 hours.
Make Waves for Hong Kong 2025 is made possible by the generous support of sponsors, including Simpson Marine, Kiri Capital, Saint Honore, Henderson Land and the Lee Shau Kee Foundation.
Quotes from Sponsors:
Simpson Marine: “We have been supporting Splash for the past nine years, providing safety and support vessels with crews, and around-the-clock strategic, logistical and safety assistance for the fundraiser swims”, says Ewa Stachurska, Chief Marketing and Sustainability Officer at Simpson Marine. “As committed ocean enthusiasts, we’re committed to water safety and to give more people the opportunity to enjoy the water with joy and confidence”
Kiri Capital: “This is a truly unique international event and we’re delighted to see it capture so much attention year after year.” says Katherine Chan, Head of the Engage Program, Kiri Capital, “It is for a fantastic cause to ensure more Hong Kongers have the opportunity to gain the life skill of swimming”
Saint Honore: “We are thrilled to support the Splash Foundation’s ‘Make Waves for Hong Kong‘ swim around Hong Kong Island. Let’s celebrate our amazing city together.” says Michael Tang, Chief Executive Officer of Convenience Retail Asia Limited. “By promoting swim literacy, we’re paving the way for a brighter, safer, and healthier future for all Hong Kongers.”
Henderson Land and the Lee Shau Kee Foundation: “We are dedicated to supporting sports as a powerful way of advancing the well-being of society, promoting health, and fostering personal growth. We are pleased to once again partner with Splash Foundation for ‘Make Waves for Hong Kong‘” says Cynthia Leung, Chief Communications Officer at Henderson Land. “Driven by a shared vision to create meaningful impact within the community, this initiative perfectly aligns with our commitment to empowering individuals and encouraging active, healthy lifestyles throughout the city.”
The Event Make Waves for Hong Kong is a 45 km multi-relay swim around Hong Kong Island taking place on Friday 8 November, with 5 teams, composed of 30 elite swimmers and business leaders.
The annual event builds awareness around the city’s historically low swim literacy rates, where nearly half the population is unable to swim
The teams aim to raise HK$3.5million for Splash Foundation to help thousands of disadvantaged children and adults experience the transformative impact of learning to swim.
The swim will start in the early hours of Friday morning and is expected to take around 10-13 hours to complete
Relayers will take turns swimming in 30 minute intervals, braving the elements and changing sea conditions.
About Splash Foundation: Splash Foundation creates opportunities for kids and adults from disadvantaged communities to experience the transformative impact of learning to swim and enjoy lifelong access to the water. Through teacher training, programme delivery and public advocacy, Splash improves access to the water and enables thousands of people to learn a life skill that keeps them safe and improves their physical, mental and social wellbeing. Programmes are delivered in Hong KongSAR and Singapore and beneficiaries include migrant domestic workers and other ethnic minority groups, kids and parents from low income communities, and kids with special educational needs. By 2030, Splash Foundation aims to teach 25,000 people how to swim.
Key facts
Despite having the longest coastline of any city and an abundance of swimming pools, 47% of Hong Kong secondary school students cannot swim (source)
More than half of people worldwide cannot swim, and women account for most of them: 2 out of 3 women cannot swim (source).
After Splash programmes, 95% of participants shared that they are comfortable going to public pools to swim or to practise their swimming. (source: Splash Foundation)
Recognition we believe underscores global customer trust and proven product excellence for security teams evaluating NDR solutions
SINGAPORE, Nov. 13, 2025 /PRNewswire/ — ThreatBook, a global leader in threat intelligence-based cybersecurity solutions, today announced that for its Threat Detection Platform (TDP), it has been recognized as a Strong Performer in the 2025 Gartner Peer Insights™ Voice of the Customer for Network Detection and Response (NDR).
This marks the third consecutive year that ThreatBook has received this distinction, which we believe underscores consistent customer satisfaction, product innovation, and operational excellence.
According to Gartner: “‘Voice of the Customer’ is a document that synthesizes Gartner Peer Insights reviews into insights for buyers of technology and services. This aggregated peer perspective, along with the individual detailed reviews, is complementary to Gartner expert research and can play a key role in your buying process. Peers are verified reviewers of a technology product or service, who not only rate the offering, but also provide valuable feedback to consider before making a purchase decision.”
“We’re thrilled to be recognized again as a Strong Performer in the Gartner Peer Insights ‘Voice of the Customer’ for NDR,” said Mr. Feng XUE, Chief Executive Officer of ThreatBook. “Our mission is to empower security teams with visibility and precision, especially in the Asia-Pacific region where attacks are becoming more sophisticated and targeted. We believe, this recognition reflects our customers’ trust in ThreatBook TDP’s ability to deliver real detection accuracy and operational resilience.”
Recognition Driven by Real-World Customer Feedback
To be included in the report, vendors must meet stringent inclusion criteria and are positioned within four quadrants based on user interest, product experience, and overall satisfaction — covering areas such as product capabilities, support, and delivery.
According to the research: “in the network detection and response market, Gartner Peer Insights published 1,263 reviews and ratings during the consideration period,” with 11 vendors ultimately meeting the inclusion standards. ThreatBook is among the few vendors recognized as a Strong Performer for three consecutive years. ThreatBook was among the few vendors to meet the full inclusion criteria and achieved 100% of customers willing to recommend ThreatBook TDP, based on 43 overall verified reviews submitted as of Aug 2025.
Enterprise users from finance, manufacturing, energy, services, and retail sectors across Asia-Pacific, North America, the Middle East, and Europe contributed feedback that rated ThreatBook TDP highly in overall product experience, detection precision, and operational efficiency.
TDP: Industry Leading Intelligence-Driven Detection and Response
As the market leader in China’s threat intelligence sector (iResearch, 2024 China Threat Intelligence Industry Development Report), ThreatBook integrates high-fidelity threat intelligence into its detection and response solutions.
ThreatBook TDP is a full-traffic, intelligence-driven NDR platform designed to provide visibility, context, and actionability at scale.
Proven Across Industries and Regions
Today, ThreatBook TDP is deployed in thousands of leading enterprises across critical industries including finance, energy, power, internet, and smart manufacturing.
It has become a core detection and response system for enterprise and government SOCs, helping them achieve visibility, precision, and proactive defense in dynamic threat environments.
ThreatBook is a global cybersecurity company specializing in advanced threat intelligence, detection, and response. Founded in 2015, ThreatBook equips enterprises, governments, and service providers with the clarity and context needed to defend against evolving digital risks.
By combining artificial intelligence with deep threat intelligence, ThreatBook delivers real-time visibility, hyper-accurate detections, and early-warning insights against nation-state actors, cybercriminal groups, and emerging attack campaigns. With unique vantage points from across the Asia Pacific region and beyond, ThreatBook provides intelligence coverage that bridges Eastern and Western threat landscapes, offering an unmatched perspective for global defenders.
ThreatBook: Act with Intelligence that Matters. To learn more, visit www.threatbook.io or follow us on LinkedIn.
Collaboration to enable payouts to stablecoin wallets, giving banks, payment providers, and end-users greater choice and flexibility
SINGAPORE, Nov. 13, 2025 /PRNewswire/ — Mastercard and Thunes, the Smart Superhighway to move money around the world, have teamed up to accelerate global money movement for banks, payment service providers and end-users by expanding stablecoin wallet payout capabilities. Through this strategic collaboration, announced at theSingapore Fintech Festival, Mastercard Move will facilitate near real-time payouts to stablecoin wallets via Thunes’ Direct Global Network, harnessing the speed, liquidity, and 24/7 availability of regulated stablecoins.
Mastercard Move already enables payouts to cards, bank accounts, and cash across its global network. Through this alliance with Thunes, it will offer stablecoin wallets as a new endpoint – giving banks and payment providers greater flexibility in delivering funds, while offering end-users more choice in how they receive them.
Key benefits for banks, payment service providers, and end-users include:
Near Real-Time Payouts: Enable fast transfers to recipients’ stablecoin wallets, with 24/7 availability.
Expanded Choice: Allow banks and payment providers to offer payouts to stablecoin wallets alongside accounts, cards, and cash—unlocking new corridors and business models.
Financial Inclusion: Broaden payout options, mitigate currency volatility and reduce barriers to promote greater financial inclusion, particularly in underserved markets.
“As digital currencies become a bigger part of global money movement, this collaboration with Thunes reinforces our role as a trusted bridge between traditional and digital finance,” said Pratik Khowala, Global Head of Transfer Solutions at Mastercard. “With Mastercard Move, we already enable transfers in 150 currencies to over 10 billion endpoints—including accounts, cards, and cash. With this collaboration we’re adding stablecoin wallets to that mix. It’s all about giving end-users more choice and unlocking new possibilities for banks and payment service providers as digital currencies continue to grow.”
“Collaborating with Mastercard Move to enable stablecoin payouts is another step forward in our mission to enable the next billion end users to take part in the global economy,” said Chloe Mayenobe, President and Chief Operating Officer at Thunes. “By adding Thunes’ trusted Direct Global Network and Pay-to-Stablecoin-Wallets solution to their network and money movement capabilities, Mastercard is delivering faster and more inclusive payment options for individuals and businesses worldwide.”
This collaboration marks a key milestone in Mastercard Move’s commitment to facilitating stablecoin flows for financial institutions and wallets worldwide. It is also a powerful validation of the rapidly accelerating adoption of stablecoin payments for real-world utility. Thunes’ recently launched Pay-to-Stablecoin-Wallets solution, which will be integrated into Mastercard Move’s network, directly addresses the rapidly growing demand from individuals and businesses worldwide to receive instant, 24/7 payouts in a stable digital currency.
Mastercard Move provides direct disbursers, banks, non-bank financial institutions, and their customers with fast, secure money movement solutions, both domestically and internationally. The portfolio reaches more than 200 markets and 150+ currencies, with access to over 95% of the world’s banked population.
About Mastercard
Mastercard powers economies and empowers people in 200+ countries and territories worldwide. Together with our customers, we’re building a resilient economy where everyone can prosper. We support a wide range of digital payments choices, making transactions secure, simple, smart and accessible. Our technology and innovation, partnerships and networks combine to deliver a unique set of products and services that help people, businesses and governments realize their greatest potential.
Thunes is the Smart Superhighway to move money around the world. Thunes’ proprietary Direct Global Network allows Members to make payments in real-time in over 130 countries and more than 80 currencies. Thunes’ Network connects directly to over 7 billion mobile wallets, stablecoin wallets and bank accounts worldwide, as well as 15 billion cards via more than 320 different payment methods, such as GCash, M-Pesa, Airtel, MTN, Orange, JazzCash, Easypaisa, AliPay, WeChat Pay HK and many more. Thunes’ Direct Global Network differentiates itself through its worldwide reach, in-house SmartX Treasury System and Fortress Compliance Platform, ensuring Members of the Network receive unrivaled speed, control, visibility, protection, and cost efficiencies when making real-time payments, globally. Members of Thunes’ Direct Global Network include gig economy giants like Uber and Deliveroo, super-apps like Grab and WeChat, MTOs, fintechs, PSPs and banks. Headquartered in Singapore, Thunes has offices in 14 locations, including Atlanta, Barcelona, Beijing, Dubai, Hong Kong, Johannesburg, London, Manila, Nairobi, Paris, Riyadh, San Francisco and Shanghai. For more information, visit: https://www.thunes.com/
Leveraging Thunes’ trusted Direct Global Network, the collaboration will deliver secure, real-time cross-border payments for millions of Mashreq customers.
SINGAPORE and DUBAI, UAE, Nov. 13, 2025 /PRNewswire/ — Thunes, the Smart Superhighway to move money around the world, announces a powerful new collaboration with Mashreq, a leading financial institution in the MENA region, to launch real-time mobile wallet payouts for millions of Mashreq customers.
Thunes to Power Real-Time Mobile Wallet Payouts for Mashreq Customers
Powered by Thunes’ trusted Direct Global Network, the partnership will enable Mashreq to connect directly to mobile wallets across Asia, Africa, and Europe and deliver faster, more affordable international transfers across key growth markets.
As Mashreq continues to expand across the Middle East and North Africa, this alliance marks a major step in transforming cross-border payments. Initially covering the bank’s top 30 payment corridors, the service will extend to additional countries over time. Together, Thunes and Mashreq are advancing digital banking innovation and making global money movement more seamless and inclusive.
As the world’s second-largest remittance hub, the UAE is expected to process USD 47 billion in outward flows in 2025, a figure which is set to grow by 4.7% annually. By joining forces with Thunes, Mashreq is supporting this growth and paving the way for fast, transparent, and efficient cross-border payments.
Kartik Taneja , Head of Payments & Consumer Lending at Mashreq, said: “By expanding our reach to mobile wallets through Thunes’ trusted Direct Global Network, we’re empowering millions of people to send funds to around 45 new destinations instantly and more affordably than ever before. With mobile wallet users projected to exceed five billion globally in the next few years, this capability is critical to serving our customers in key growth markets and driving greater financial connectivity. We are redefining what’s possible in international payments, and Mashreq is proud to be leading this transformation.”
Simon Nelson , Chief Commercial Officer at Thunes, added: “We are delighted to welcome Mashreq as a Member of our Direct Global Network. This alliance further strengthens our position in the Middle East, amplifying our mission to enable more consumers to take part in the global economy through instant, borderless payments. Trusted by leading banks and financial institutions worldwide, Thunes provides the secure and reliable Network needed to move money with confidence. Together with Mashreq, we’re enabling a new wave of payment innovation and connectivity that will reshape how money moves worldwide.”
