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Results of the ixCrypto Index and ixCrypto Portfolio Indexes Quarterly Review (2023 Q1)

HONG KONG SAR – Media OutReach – 21 April 2023 – Today, IX Asia Indexes Company Limited (“IX Asia Indexes”) announced the 2023

1st quarter review of the ixCrypto Index (“IXCI”) and ixCrypto Portfolio Indexes with results of the constituent review and exchange review as follows:

1. Constituent Review

1.1. ixCrypto Index

The number of constituent cryptos will remain unchanged as 33 constituents with 4 additions and 4 deletions:

Additions

  1. Uniswap
  2. OKB
  3. Lido DAO
  4. Aptos

Deletion

  1. MultiversX
  2. Chiliz
  3. Tezos
  4. Chain

After the change, the free float adjusted market capitalization coverage is 74.74%*, while the 90-day-average volume coverage is 80.25%*. The constituents changes above and recapping at 40% will be effective on Apr 21, 2023 (Friday).

1.2. ixCrypto Portfolio Indexes

There is no change to the constituents of ixCrypto 5 EW Index (“IXEW5”), ixCrypto 5 SR Index (“IXSR5”), ixCrypto Altcoin 10 EW Index (“IXAEW10”) and ixCrypto Altcoin 10 SR Index (“IXASR10”). The following constituent changes will be made to ixCrypto 10 EW Index (“IXEW10”) and ixCrypto 10 SR Index (“IXSR10”).

Additions

  1. Litecoin

Deletion

  1. TRON

Since the last review, there has been an increase in the crypto total market capitalisation from USD0.79tn to USD1.19tn(+50.6%), and a rise in the daily volume from USD27bn to USD53bn(+96.3%). Bitcoin remains as the largest crypto in the constituent list, with its price has gone up by 69.36% since the last review.

2. Exchange Review

As a result of exchange review, the selected 10 exchanges to generate each of the fair average prices for the constituents are as follows:

Selected Exchanges

  1. Binance
  2. Hotcoin Global
  3. Upbit
  4. Coinbase Exchange
  5. OKX
  6. Bitrue
  7. LBank
  8. MEXC
  9. HitBTC
  10. FMFW.io

For more details about our exchange selection criteria, please email info@ix-index.com

More details about the ixCrypto Index and ixCrypto Portfolio Indexes, including their constituents, constituents’ weight are provided in the Appendices, or refer to the website https://ix-index.com/

*exclude stable coins and exchange coins (based on conflict of interest rule methodology effective Oct 2, 2020)

Appendix 1

ixCrypto Index (“IXCI”)

Universe All crypto coins traded in at least two different exchanges around the world
Selection Criteria Cryptocurrencies ranking in the top 80% of cumulative full market capitalization (“MC”) coverage and within an acceptable range in accordance with the Volume Buffer Rule in terms of 90-day average trading volume
Number of Constituents Variable/33 in Q1 2023
Launch Date 12th December 2018
Base Date 3rd December 2018
Base Value 1,000
Reconstitution Rule If the coverage is below 75% or any of constituents is not within an acceptable range in accordance with the Volume Buffer Rule in terms of 90-day average trading volume, IXCI will be reconstituted to bring MC coverage back and do liquidity screening.
Reconstitution and Rebalancing Frequency Quarterly and with a fast entry rule
Weighting Methodology Free float adjusted market capitalization weighted with a cap of 40%
Currency US Dollar
Dissemination Every 5 seconds for 7×24
Website https://ix-index.com/


Appendix 2

Weightings of the Constituents of ixCrypto Index

Crypto 90-day-average-volume * 90-day-average- Market Cap Cummulative Market Coverage before Cap Weighting (%) After 40% Cap#
1 Bitcoin $25,449,278,424 $438,829,053,191 42.52% 40.00%
2 Ethereum $8,278,216,577 $193,453,028,055 61.26% 35.99%
3 XRP $1,184,409,602 $19,974,181,780 63.20% 4.53%
4 Cardano $376,012,796 $12,200,894,622 64.38% 2.15%
5 Dogecoin $507,613,579 $10,661,852,583 65.41% 1.69%
6 Polygon $555,379,442 $9,781,509,059 66.36% 1.63%
7 Solana $762,840,531 $7,909,860,525 67.13% 1.30%
8 Polkadot $267,031,377 $7,065,956,841 67.81% 1.18%
9 Litecoin $623,192,729 $6,384,261,984 68.43% 1.06%
10 Shiba Inu $336,780,400 $6,289,083,980 69.04% 1.02%
11 TRON $290,209,474 $5,808,250,850 69.60% 0.97%
12 Avalanche $320,901,066 $5,437,629,995 70.13% 0.92%
13 Uniswap $106,701,142 $4,696,747,713 70.58% 0.56%
14 Cosmos $ 178,249,536 $3,577,066,236 70.93% 0.52%
15 Chainlink $332,151,294 $3,519,135,089 71.27% 0.61%
16 Monero $86,824,707 $2,909,649,815 71.55% 0.47%
17 Ethereum Classic $229,114,398 $2,893,276,920 71.83% 0.47%
18 Toncoin $36,876,552 $2,822,045,513 72.11% 0.42%
19 OKB $41,845,933 $2,456,648,800 72.35% 0.41%
20 Bitcoin Cash $197,874,418 $2,420,803,260 72.58% 0.38%
21 Stellar $71,560,157 $2,293,572,926 72.80% 0.46%
22 Filecoin $344,525,649 $2,106,765,711 73.01% 0.37%
23 Lido DAO $199,339,378 $1,955,976,952 73.20% 0.33%
24 Aptos $639,057,286 $1,904,359,727 73.38% 0.32%
25 NEAR Protocol $149,103,191 $1,824,771,134 73.56% 0.27%
26 ApeCoin $152,483,756 $1,802,620,873 73.73% 0.25%
27 Hedera $55,083,160 $1,730,967,976 73.90% 0.32%
28 VeChain $62,651,515 $1,670,498,435 74.06% 0.27%
29 Algorand $84,954,473 $1,659,311,895 74.22% 0.26%
30 Quant $30,794,376 $1,575,121,607 74.37% 0.25%
31 Internet Computer $49,136,148 $1,554,898,198 74.53% 0.25%
32 EOS $160,954,071 $1,169,374,727 74.64% 0.21%
33 Flow $68,239,569 $1,066,918,980 74.74% 0.16%

As of 31 March 2023

* 90-day-average-volume ranking in total market is shown in the parentheses
# Weighting (%) after 40% Cap is calculated based on the market capitalization of the index constituents on cut-off date, the arrangement of order may not be the same as 90-day-average- Market Cap
Selection of index constitiuents is based on the past 90-day-average market capitalization and volume
For the calculation methodology of the index, please refer to the “ixCrypto Index Methodology Paper” on our website

Appendix 3

Weightings of the Constituents of ixCrypto Portfolio Indexes

Index Constituents ixCrypto 5 EW Index ixCrypto 5 SR Index ixCrypto 10 EW Index ixCrypto 10 SR Index ixCrypto Altcoin 10 EW Index ixCrypto Altcoin 10 SR Index
1 Bitcoin 20% 46.40% 10.00% 36.46%
2 Ethereum 20% 29.52% 10.00% 23.20% 10.00% 36.46%
3 XRP 20% 10.47% 10.00% 8.23% 10.00% 23.20%
4 Cardano 20% 7.21% 10.00% 5.66% 10.00% 8.23%
5 Dogecoin 20% 6.40% 10.00% 5.03% 10.00% 5.66%
6 Polygon 10.00% 4.93% 10.00% 5.03%
7 Solana 10.00% 4.41% 10.00% 4.93%
8 Polkadot 10.00% 4.19% 10.00% 4.41%
9 Litecoin 10.00% 3.98% 10.00% 4.19%
10 Shiba Inu 10.00% 3.91% 10.00% 3.98%
11 TRON 10.00% 3.91%

Appendix 4

ixCrypto Indexes Dissemination

Real time indexes are disseminated every 5-second interval for 7×24 since 23 June 2022. The real-time indexes are available for viewing on the IX Crypto Index official webpage. For IXCI, IXBI and IXEI, the indexes are also available through Nasdaq Global Index Data Service (GIDS) with the tickers “IXCI”, “IXBI” and “IXEI”, with dissemination interval kept at 15-second unchanged.

The vendor tickers are shown below:

Index Name Bloomberg Ticker Reuters Ticker
ixCrypto Index IXCI .IXCI
ixBitcoin Index IXCBI .IXBI1
ixEthereum Index IXCEI .IXEI1

For further information about ixCrypto Index and other available indexes including IX Crypto spot price index series, please visit company official webpage https://ix-index.com.

For data licensing and product, please contact us at licensing@ix-index.com.

For free API use on academic research or trial, please contact enquiry@ix-index.com

Hashtag: #ixCryptoIndex

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

About IX Asia Indexes and IX Index Advisory Committee

IX Asia Indexes is an award-winning index company, providing real-time digital asset and innovative indexes, disseminated 7×24 globally and built on robust infrastructure. Since the launch of the first crypto benchmark index (“IXCI”) launched in Hong Kong in December 2018, the ixCrypto index series expand into 22 indexes designed for exchange futures product, mark to market and fund managers’ portfolio construction purposes. To ensure the professionality and impartiality of the index methodologies and operations, IX Asia Indexes has established its index advisory committee with representation from different industries, including fund management, exchanges, brokerage, financial blockchain experts, crypto service providers, etc. The committee will meet quarterly a year to discuss matters relating to the IX Asia Indexes, including to review and to comment the data sources, methodologies, and operations of IX Asia Indexes, to provide guidance to the future development of new IX Asia Indexes and to handle other issues and decisions on an as-needed basis.

IX Asia Indexes was awarded the Fintech Award (wealth investment and management) 2019 and 2021 organised by ETNet. It as well won an award for Startup of the Year and Basic Technology (Big Data) from Hong Kong Fintech Impetus Awards 2022 by Metro Broadcast and KPMG.

Website:

Advisory Committee:

About IX Crypto Indexes

The ixCrypto index (“IXCI”) is the first crypto index launched in Hong Kong. It was launched on 12 December 2018. It is denominated in USD with a base value of 1000 and a base date on 3 December 2018. Designed to be easy to understand while providing a good representation of the crypto market, ixCrypto index aims to cover the top 80% of the cumulative free-float adjusted market capitalization in the crypto universe and, at the same time, the crypto currencies should fall within the top liquid cryptos ranked by trading volume in the 90 days preceding the review date. The index is to be reviewed quarterly and with a fast entry rule. Real time indexes are disseminated every 5-second for 7X24 since 23 June 2022. Real time index data together with ixBitcoin Index and ixEthereum Index can be obtained from IX Asia Indexes Data Services. For IXCI, IXBI and IXEI, the indexes are also available through Nasdaq Global Index Data Service (GIDS) with the tickers “IXCI”, “IXBI” and “IXEI”, with dissemination interval kept at 15-second unchanged.

Laos To Experience Thunderstorms, Rain This Week

Laos To Experience Thunderstorms, Rain In The Coming Week
Heavy rainfall in Laos with kids on bicycle. ( Photo : The Star )

The Department of Meteorology and Hydrology has put out a weather forecast for 21-27 April, with predictions for thunderstorms and rainfall.

Cambodia Cancels Covid Restrictions for Public Gatherings

Cambodia cancels face mask mandatory and rapid tests at public gatherings. ( Photo : Freepix).

The Prime Minister of Cambodia has announced the cancellation of mandatory facemasks for mass gatherings after the country witnessed no surge in Covid-19 cases during the Cambodian New Year.

Larb Gets Listed as One of World’s Best-Rated Salads

Larb Gets Listed as One of World’s Best-Rated Salads
Dishes of larb (photo: Champa Meuang Lao)

TasteAtlas, an experiential travel online guide for traditional food, has ranked Larb among the 50 best-rated salads in the world.

Recent GEODIS investments and new certification underlines its growth in the Chinese market

Certification of regional headquarters in Shanghai coincides with redevelopment of GEODIS’ Center of Excellence in Shenzhen and an award for performance at Zhengzhou Airport.

SHANGHAI, CHINA – Media OutReach – 21 April 2023 – A global leader in the provision of logistics services, GEODIS has been growing its capabilities in Asia-Pacific recently, and in China particularly. As an economic powerhouse, the Chinese market is of critical strategic importance to GEODIS and will continue to be a lynchpin of the logistic Group’s expansion in the most important locations globally.

GEODIS’ continued development in China was underlined last month when its Shanghai headquarters were certified officially by the local Government as one of twenty newly recognised ‘Regional Headquarters of a Multinational Company, the only one in the Jing’an district of the city. This status will afford GEODIS local government assistance in terms of trade facilitation, talent introduction and service support.

In highlighting the advantages that this recognition brings to its customers, Onno Boots, Regional President and CEO, Asia Pacific and Middle East emphasises, “As a result of the good standing GEODIS has in China, our customers’ business continues to benefit from the increased ease of doing business with us there. A further advantage is GEODIS having Authorised Economic Operator (AEO) status granted by the local Shanghai customs department, which certainly enables us to deliver a further expedited service to our customers, for contract logistics.”

The Group’s commitment to the Chinese market was further proven by the redevelopment of its Center of Excellence (CoE) in Shenzhen. To better support customers in managing their end-to-end supply chains from one centralized location, the Shenzhen facility, part of GEODIS | Supply Chain Optimization (SCO) offering, will provide the required overall visibility.

Established in 2009 in South China, the GEODIS | SCO Line of Business helps global customers in various sectors such as high-tech, retail and healthcare, with manufacturing locations or hubs in mainland China, to optimize their operational processes, control their supply chain, improve their resiliency, and accelerate decision-making.

The upgrading of the Center of Excellence in Shenzhen is justified in part by the city being a magnet for talent. An immediate goal is to ensure the continued attraction of passionate and diverse groups of supply chain professionals to accommodate customers’ growing demands and achieve GEODIS’ own growth ambitions. The aim is not just to attract, but also to retain these skilled people by improving the collaborative workspace in which teams can exchange great new ideas that can benefit all customers in the present and future.

To round out the good news, further north in the province of Henan, GEODIS was celebrated by the Zhengzhou Airport Authority with an award for performance excellence in 2022. The airport was utilized throughout the year to transport significant tonnages via GEODIS’ branded freighter operation there.

Hashtag: #GEODIS #SupplyChain #Logistics #APAC #China



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

GEODIS

GEODIS is a leading global logistics provider acknowledged for its expertise across all aspects of the supply chain. As a growth partner to its clients, GEODIS specializes in five lines of business: Supply Chain Optimization, Global Freight Forwarding, Global Contract Logistics, Distribution & Express, and European Road Network. With a global network spanning nearly 170 countries and more than 49,400 employees, GEODIS is ranked no. 6 in its sector across the world. In 2022, GEODIS generated €13.7 billion in revenue. GEODIS is a company owned by SNCF group.

RUSAL confirms its leadership status in the world sustainable suppliers rating EcoVadis

MOSCOW, RUSSIA – Media OutReach – 21 April 2023 – RUSAL, a leading global aluminium producer, confirmed its high positions in EcoVadis, the world’s largest and most trustworthy rating of supplier sustainability.

The Company has got an integral score corresponding with “silver” level and associating the Company with a top-8% of the best global suppliers in terms of their Environment, Social and Corporate Governance (ESG) maturity. In 2023, RUSAL got overall 68 out of 100 maximum scores in the rating, which is 10 scores higher than the previous year. It got possible due to palpable improvements in such areas as environment, labor and human rights, ethics (with each area being rated at 70 scores, or at the “advanced” level), and sustainable procurement (60 scores, or “good” level).

As part of the EcoVadis assessment this year, RUSAL’s carbon footprint management system has been also rated as ‘Advanced’. The rating’s experts have appreciated comprehensive elements of the Company’s GHG management system and its advanced decarbonization commitment, actions and reporting capabilities. The Company is recommended to seek to use life cycle analysis as a tool for planning climate action, consider developing a time-bound action plan to transform into a low-carbon business model, and aim at engaging suppliers in climate action.

“RUSAL’s customers in the European Union, Latin America and the Asia-Pacific region are increasingly focusing not only on ‘green’ attributes of the products they purchase, but also on the overall assessment of the so-called ‘ESG maturity’ or sustainability of companies that manufacture and supply such products on the market. They monitor dynamic of their suppliers as rated by this, perhaps, the most trustworthy rating, and it is very important for us that the Company’s efforts to embed the best sustainability standards and practices, have already brought us much closer to the “golden” status and have once again confirmed RUSAL’s strong leadership not only in the global aluminium industry, but also across all the non-ferrous metal sectors”, commented Irina Bakhtina, RUSAL’s Chief Sustainability Officer.

Hashtag: #RUSAL

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

About EcoVadis

EcoVadis provides the leading solution for monitoring sustainability in global supply chains. Its mission is to reliably assess companies’ sustainability performance, providing them with comprehensive feedback, benchmarking and tools allowing them to embark upon a journey of continuous improvement. The team of international sustainability experts analyze and crosscheck companies’ data (supporting documents, 360° Watch Findings, etc.) in order to create reliable ratings, taking into account each company’s industry, size and geographic location.

The rating’s participants are offered access to highly secure web-based solutions which guarantee the safety of users’ data, and may share the results of their EcoVadis assessment with their customers in all countries of the world where they can access the EcoVadis Scorecard and share information. The EcoVadis methodology is based on international sustainability standards (Global Reporting Initiative, United Nations Global Compact, ISO 26000), and supervised by a scientific committee of sustainability and supply chain experts, to ensure reliable third party sustainability assessments.

Over 700 multinational companies use EcoVadis to monitor the sustainability performance of their trading partners, and thousands of companies use the EcoVadis Ratings platform every month to respond to sustainability assessment requests from customers, set and maintain corrective action plans and centralize sustainability-related documents.

About RUSAL

RUSAL () is a leader in the global aluminium industry and a leading low-carbon aluminium producer. In 2022, the Company accounted for 5.6% of the global aluminium production and 4.5% of alumina. RUSAL operates in 20 countries on 5 continents. Ordinary shares of RUSAL are traded on the Hong Kong Exchange (stock code 486). Ordinary shares of RUSAL are traded on the Moscow Exchange (stock code RUAL).

Disclaimer
The information contained in this press release is for media advice only. The contents are true and accurate at the time of publishing, however, may change over time.

OctaFX is named the broker with the fastest withdrawals and most secure trading platform in Singapore

International Business Magazine and World Business Outlook awarded OctaFX with two industry awards, ‘Broker with the Fastest Withdrawal Singapore 2023’ and ‘Most Secure Trading Platform Singapore 2023’.

SINGAPORE – Media OutReach – 21 April 2023 – In April 2023, two global financial publications recognised OctaFX’s efforts in Singapore with their awards.

International Business Magazine awarded global broker OctaFX its ‘Broker with the Fastest Withdrawal Singapore 2023’ award, acknowledging the speed and variety of withdrawal options available with the broker.

Since 2018, International Business Magazine has distinguished itself as an excellent news and analytics hub in financial services and technologies. Its expert team’s scrutiny in evaluating each of the yearly nominations made the publication a significant contributor to the transparency, security, and reliability of the industry.

The ‘Most Secure Trading Platform Singapore 2023’ award from World Business Outlook highlighted the safety and security of OctaFX’s trading platform. Over the years, it has proved to possess qualities most sought after by beginners and professional traders alike.

In the award announcement, World Business Outlook validated the broker’s performance from 2022: ‘OctaFX has been consistently upgrading its technology solutions with the innovative implementation of secure environment features in its trading platform. By maintaining some of the lowest spreads in the industry along with the fastest execution rates, OctaFX continues to impress us all, becoming the most secure and one of the best online brokers across the world.’

World Business Outlook is a print and online magazine offering comprehensive coverage and analysis in the financial domain. In the industry, the publication has made a name for itself as an unbiased gatherer of top financial profiles, always focused on identifying the industry’s very best and most innovative players.

‘It’s a great honour for us to be awarded two prestigious awards in such a highly developed financial centre as Singapore. We’ve made a particular effort in terms of reducing withdrawal time since we know how important it is for our clients. As for the trading platform, we maintain a constant focus on enhancing the security of all internal operations in line with the latest security standards. We are glad that our efforts were recognised by such reputable publications,’ the OctaFX press office commented.

Hashtag: #OctaFX

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

About OctaFX

is an international broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and a variety of services already utilised by clients from 180 countries with more than 21 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.

OctaFX 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.

CPA Australia: Mainland China small businesses predicted to recover steadily

  • New survey shows over half of small businesses expect to grow this year.
  • Over 90 per cent of small businesses in Mainland China plan to innovate.
  • Technology investments boost profits for the majority.

BEIJING, CHINA – Media OutReach – 21 April 2023 – More than half (56 per cent) of Mainland China’s small businesses expect to grow in 2023. Meanwhile, their investments in technology and innovation will pay dividends, according to a new survey by one of the world’s largest accounting organisations.

CPA Australia’s Asia-Pacific Small Business Survey reveals over one-third of small businesses (35 per cent) in Mainland China are planning to increase their employee headcount this year. The result was a slight increase from 2022.

Mainland China’s small businesses have consistently outstripped their Asia-Pacific peers for technology use over the past five years. This includes earning revenue from e-commerce, adopting digital payment technologies and using social media for business purposes.

“In Mainland China, 87 per cent respondents come from businesses older than five years. These businesses demonstrated strong resilience during the pandemic and overcame many challenges,” said Mr Lloyd Peng, President of CPA Australia’s North China Committee.

“Businesses are using the experience gained from the past few years to strive for growth in 2023. For example, by adopting cutting-edge technology, innovating and improving their customers’ experience.

“The government has announced a series of timely policies to support micro, small and medium-sized enterprises. These measures aim to improve businesses competitive edge, ease financing conditions, stabilise raw material prices and promote innovation.

“If these policy supports are implemented in a consistent and predictable way, it could further unleash the potential of small businesses to achieve high-quality growth.”

Mainland Chinese respondents were more likely (41 per cent) to have sought professional advice from IT consultants last year than survey average (29 per cent). They also intend to innovate strongly. Ninety-three per cent of Mainland Chinese respondents plan to innovate in 2023, the highest in the Asia-Pacific.

“Mainland Chinese small businesses are reaping rewards from their focus on technology. The majority (61 per cent) found technology investments last year boosted profits,” Mr Raymond Zhu, President of CPA Australia’s East and Central China Committee said.

“Supported by government policies such as the 14th Five-Year Plan and extra tax deductions for research and development, we expect this tech focus to continue.”

“To make the commercialisation of new products or services a success, we recommend businesses start by focusing on understanding changes in customer behaviour. We also encourage them to explore opportunities in markets such as the Greater Bay Area, ASEAN and Belt and Road markets.”

“Policymakers should review and improve individual income tax policies for businesses from key industries. This will help attract more science, technology, engineering and mathematics talent to the small business sector.”

Easing of financing conditions is essential for business success in 2023. The survey found that 90 per cent of Mainland Chinese small businesses expect to seek external funds this year. Forty per cent reported their main reason to seek funds is for survival, while 46 per cent intend to use funds for growth. However, one-third expect it to be tough to access funds.

“Small businesses typically have a low credit rating and insufficient collateral. Hence, it may be difficult to obtain finance from traditional sources such as banks,” said Mr William Huang, member of CPA Australia’s South China Committee.

“The survey shows small businesses in Mainland China have diverse funding sources. This includes banks (29 per cent), investors, venture capital or angel funds (30 per cent) and non-bank financial institutions (18 per cent).

“Small businesses with unique advantages, especially those that have capacity to introduce novel and specialised products, are more likely to attract investment from investors. We recommend small businesses pay close attention to their cash flow, forecast their financial needs and optimise their business models.”
Hashtag: #CPAAustralia #SME #Economics

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

About CPA Australia

CPA Australia is one of the largest professional accounting bodies in the world, with more than 172,000 members in over 100 countries and regions, including more than 22,200 members in Greater China. We have offices in Beijing, Shanghai and Guangzhou. CPA Australia provides thought leadership on local, national and international issues affecting the accounting profession and public interest. We engage with governments, regulators and industries to advocate policies that stimulate sustainable economic growth and have positive business and public outcomes. Find out more at