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Hang Lung Properties Collaborates with Zhejiang University and CLEANCO2 to Reduce Embodied Carbon at Westlake 66, Hangzhou

Advancing and Accelerating Progress to Tackle Building & Construction Sector’s Major Challenge through Innovation

SHANGHAI, CHINA – Media OutReach – 10 May 2023 – Hang Lung Properties (SEHK stock code: 00101) (“Hang Lung” or “the Company”) understands that radical changes are needed to reduce the embodied carbon that goes into building materials – a major challenge for the global building and construction sector. The Company is delighted to announce a two-year strategic collaboration (“Collaboration”) with a carbon capture, utilization and storage (CCUS) company CLEANCO2, to apply innovations including low carbon recycled concrete aggregate (RCA) and CLEANCO2 carbon storage concrete bricks (“low carbon concrete bricks”) to reduce the embodied carbon in Hang Lung’s Westlake 66 development in Hangzhou and other projects. Westlake 66 is also the first commercial development project to use low carbon concrete bricks in mainland China and Hong Kong.

Hang Lung Properties and CLEANCO2 ink a two-year strategic collaboration to apply innovations to reduce embodied carbon at Westlake 66, Hangzhou and other Hang Lung projects. (From left) Representatives from Hang Lung Properties include: Mr. Louis Tong, Deputy Director – Project Management, Mr. Adrian Lo, Director – Project Management, Mr. John Haffner, Deputy Director – Sustainability; and Representatives from CLEANCO2 include: Mr. Zhao Chao, CEO, Professor. Wang Tao, Zhejiang University, Mr. Jack Liu, COO
Hang Lung Properties and CLEANCO2 ink a two-year strategic collaboration to apply innovations to reduce embodied carbon at Westlake 66, Hangzhou and other Hang Lung projects. (From left) Representatives from Hang Lung Properties include: Mr. Louis Tong, Deputy Director – Project Management, Mr. Adrian Lo, Director – Project Management, Mr. John Haffner, Deputy Director – Sustainability; and Representatives from CLEANCO2 include: Mr. Zhao Chao, CEO, Professor. Wang Tao, Zhejiang University, Mr. Jack Liu, COO

The embodied carbon associated with buildings, which covers the carbon emissions created by the extraction, transportation, construction, maintenance, replacement, demolition, and disposal of building materials, contributes 11% of global carbon emissions and approximately 75% of a building’s total emissions over a typical 60-year lifetime. Its impact is fixed at the time of construction and cannot be reduced once the building is constructed.
Embodied carbon constitutes a major source of Scope 3 emissions – i.e., indirect emissions that occur along a company’s value chain – for real estate companies. In 2022, Hang Lung’s scope 3 emissions were about 72% of its overall emissions, with embodied carbon emissions from building materials its largest source of emissions. Hang Lung is squarely confronting embodied carbon reduction and the importance of having strategic collaboration partners to work together.
Mr. Adriel Chan, Hang Lung Properties Vice Chair, and Chair of its Sustainability Steering Committee, said: “Decarbonizing real estate, particularly from embodied carbon, is a marathon, not a sprint. We believe the partnership with CLEANCO2 and Zhejiang University will enable exciting innovations to move forward on this journey. At the same time, we will continue to work closely with our suppliers to reduce emissions through innovative and pragmatic solutions. We encourage other real estate companies to join in accelerating and scaling such innovations.”
“Concrete is the most used building material in the world, and we cannot ignore the impact of its carbon emissions. The strategic cooperation between Hang Lung Properties and CLEANCO2 is not only a solid step towards CLEANCO2’s ‘100 million tons vision’ – which is using CCUS technology to fix and sequester 100 million tons of CO2, but also a forward-looking exploration and attempt by both sides to reduce the embodied carbon for future buildings.” said Mr. Zhao Chao, CEO of CLEANCO2.
The collaboration will leverage CLEANCO2’s proprietary carbon dioxide mineralization technology to advance CCUS applications through two initiatives at Westlake 66, Hangzhou:
1) Low Carbon RCA
First, we are reusing waste concrete from our Westlake 66 development project in Hangzhou. The waste concrete will be crushed into aggregate and produced into low carbon RCA through a carbon dioxide mineralization process. A life cycle assessment has found that the low carbon RCA has significant potential to reduce emissions compared to normal aggregate when used as raw material for concrete. The Company and CLEANCO2 have completed a small scale pilot project with the low carbon RCA and are now evaluating this process at a medium scale, with 150 tons of waste concrete.
2) Low Carbon Concrete Bricks
Second, we will use CLEANCO2 low carbon concrete bricks on the secondary partition walls of the basement of our Westlake 66 project (the total number of bricks used can cover a wall area of around 17,000m2) – the first commercial development project in mainland China and Hong Kong to do so. These bricks will use cement, fly ash and other solid waste together with CLEANCO2’s carbon dioxide mineralization process. The embodied carbon emissions of the low carbon concrete bricks are expected to be 87.5% lower than conventional shale bricks.
The technology developed by CLEANCO2 originated from the State Key Laboratory of Clean Energy Utilization (CEU) of Zhejiang University. In 2020, as a supported R&D project under the 13th Five-Year Plan, the “Key Technologies of CO2 Deep Mineralization Curing Building Materials and 10,000-ton Industrial Demonstration” was completed by Zhejiang University. Since 2020, CLEANCO2 has officially cooperated with CEU. They have jointly undertaken several national and local research and development projects related to CCUS technology and jointly built the “Zhejiang University – CLEANCO2 United Laboratory of CO2 Mineralization Utilization Technology”, the first CO2 mineralization utilization experimental base in China with potential to achieve large-scale industrial production globally.
Westlake 66, Hangzhou is Hang Lung’s 11th large-scale development on the Mainland, comprising of a world-class shopping mall, five Grade A office towers, and the prestigious hotel Mandarin Oriental Hangzhou. It is scheduled for completion in phases from 2024 onwards.

Hashtag: #HangLung

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

About Hang Lung Properties

Hang Lung Properties Limited (SEHK Stock Code: 00101) creates compelling spaces that enrich lives. Headquartered in Hong Kong, Hang Lung Properties develops and manages a diversified portfolio of world-class properties in Hong Kong and the nine Mainland cities of Shanghai, Shenyang, Jinan, Wuxi, Tianjin, Dalian, Kunming, Wuhan and Hangzhou. With its luxury positioning under the “66” brand, the company’s Mainland portfolio has established its leading position as the “Pulse of the City”. Hang Lung Properties is recognized for leading the way in enhanced sustainability initiatives in real estate as it pursues sustainable growth by connecting customers and communities.

At Hang Lung Properties – We Do It Well.

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Bybit’s User Base Booms, Exceeds 15 Million with a 50% Increase in Mere Months

DUBAI, UNITED ARAB EMIRATES – Media OutReach – 10 May 2023 – Bybit, the world’s third most visited crypto exchange, announced a 50% increase in its global user base, growing from 10 million users in Q3, 2022 to 15 million to date. Bybit has released next-level products to create a winning streak — just like the Oracle Red Bull Racing car showpiece in its new Dubai office.

Bybit announced the grand opening of its global headquarters in Dubai on April 18th, signaling its large investment in the Middle East and North Africa (MENA) region. The opening of the new headquarters is part of the company’s broader strategy to build on its position as the second-largest crypto exchange in the region.

Bybit has attracted new users through a range of products, suiting all types of investors. Those more interested in earning yield can now take advantage of Bybit Lending, which launched May 2 and has seen lenders earn triple-digit APR. And lenders’ capital is protected as all borrowers must post collateral equal to or greater than the loan amount.

Given the innovation at Bybit, it’s no wonder Sui chose the exchange’s new token sale platform, ByStarter, as one of only three exchanges to host the crowd sale of its highly anticipated SUI token. And Bybit recently unveiled its AI program: Tools Discovery, which provides personalized product and strategy recommendations tailored to individual trading habits and preferences.

Top traders love the exchange’s new Position Builder, which allows clients to build positions easily using the full range of derivative products and trading strategies. Bybit also expanded its partnership with Paradigm, the fastest-growing crypto derivatives trading platform, to launch delta-1 spreads trading on USDT-margined instruments.

“Our team has worked tirelessly to make Bybit a top-performing crypto exchange with next-level opportunities from passive income to derivatives trading,” said Ben Zhou co-founder and CEO. “We are thrilled that our efforts have paid off, with Bybit hitting 15 million users globally just as we opened our global headquarters in Dubai. We are excited to demonstrate our commitment to innovation and growth, solidifying our position as a heavyweight player in the global crypto exchange market.”

More From Bybit

Hashtag: #Bybit #TheCryptoArk

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

About Bybit

Bybit is a cryptocurrency exchange established in 2018 that offers a professional platform where crypto traders can find an ultra-fast matching engine, excellent customer service and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions, the Oracle Red Bull Racing team, esports teams NAVI, Astralis, Alliance, Made in Brazil (MIBR), and Oracle Red Bull Racing Esports, and association football (soccer) team Borussia Dortmund.

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Infineon and Hon Hai Technology Group (Foxconn) sign MoU to partner on SiC collaboration and EV development

  • Leveraging Infineon’s automotive system understanding and SiC product offerings, and Foxconn’s capability in system-level integration, electronics design and manufacturing expertise.
  • Jointly establish a system application center in Taiwan to further expand the scope of their cooperation.

MUNICH, GERMANY AND TAIPEI, TAIWAN – Media OutReach – 10 May 2023 – Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY), the global leader in automotive semiconductors, and Hon Hai Technology Group (“Foxconn”) (TWSE:2317), the world’s largest electronics manufacturing services provider, aim to establish a long-term partnership in the field of electric vehicles (EV) to jointly develop advanced electromobility with efficient and intelligent features. The Memorandum of Understanding (MoU) focuses on silicon carbide (SiC) development, leveraging Infineon’s automotive SiC innovations and Foxconn’s know-how in automotive systems.

Peter Schiefer (President of the Infineon Automotive Division), Jun Seki (Foxconn's Chief Strategy Officer for EVs) (from left to right)
Peter Schiefer (President of the Infineon Automotive Division), Jun Seki (Foxconn’s Chief Strategy Officer for EVs) (from left to right)

“The automotive industry is evolving. With the rapid growth of the EV market and the associated need for more range and performance, the development of electromobility must continue to advance and innovate,” said Peter Schiefer, President of the Infineon Automotive Division. “Infineon’s commitment and passion for innovation and zero-defect quality has made us the best partner for our customers. We look forward to writing a new chapter in electromobility together with Foxconn.”

“We are pleased to be working with Infineon and are confident that this collaboration will result in optimized architecture, product performance, cost competitiveness and high system integration to provide customers with the most competitive automotive solutions,” said Jun Seki, Foxconn’s Chief Strategy Officer for EVs.

According to the MoU, the two companies will collaborate on the implementation of SiC technology in automotive high-power applications like traction inverters, onboard chargers, and DC-DC converters. Both parties intend to jointly develop EV solutions with outstanding performance and efficiency based on Infineon’s automotive system understanding, technical support and SiC product offerings combined with Foxconn’s electronics design and manufacturing expertise and the capability of system-level integration.

In addition, the two companies plan to establish a system application center in Taiwan to further expand the scope of their cooperation. This center will focus on optimizing vehicle applications, including smart cabin applications, advanced driver assistance systems and autonomous driving applications. It will also address electromobility applications such as battery management systems and traction inverters. The collaboration covers a wide range of Infineon’s automotive products, including sensors, microcontrollers, power semiconductors, high-performance memories for specific applications, human machine interface and security solutions. The system application center is expected to be established within 2023.
Hashtag: #Infineon #Foxconn #automotive #electricvehicles


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

About Infineon

Infineon Technologies AG is a global semiconductor leader in power systems and IoT. Infineon drives decarbonization and digitalization with its products and solutions. The company has around 56,200 employees worldwide and generated revenue of about €14.2 billion in the 2022 fiscal year (ending 30 September). Infineon is listed on the Frankfurt Stock Exchange (ticker symbol: IFX) and in the USA on the OTCQX International over-the-counter market (ticker symbol: IFNNY).

Infineon is at the core of the transformation of the automotive industry towards sustainable mobility. Further information on Infineon’s mobility solutions is available at

Further information is available at

This press release is available online at

About Hon Hai

Established in 1974 in Taiwan, Hon Hai Technology Group (“Foxconn”) (TWSE:2317) is the world’s largest electronics manufacturer and leading technological solutions provider, ranking in the top 20 among the Fortune Global 500. In 2022, revenue totaled TWD6.62 trillion (approx. USD220 billion or EUR200 billion). The Group’s market share in electronics manufacturing services (EMS) exceeds 40% and covers four major product segments: smart consumer electronics; cloud and networking; computing; and components and others. The Group operates 173 campuses across 24 countries and is one of the world’s largest employers with over a million employees during peak manufacturing season. The Group has expanded its capabilities into the development of electric vehicles, digital health, and robotics, and three key technologies – new-generation communications technology, AI, and semiconductors – which are key to driving its long-term growth strategy. It is dedicated to championing environmental sustainability in the manufacturing process and serving as a best-practices model for global enterprises.

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AGON by AOC secures number 1 spot as the world’s leading gaming monitor brand

SINGAPORE – Media OutReach – 10 May 2023 – AGON by AOC – leading gaming monitor and IT accessories brand – proudly announces its position as the world’s number one gaming monitor brand, as declared by the IDC Quarterly Gaming Tracker report for Q4/2022. The gaming-focussed sub-brand of the display specialist AOC, AGON by AOC, has outpaced its competitors to secure the top spot on the global gaming monitor market, thanks to the cutting-edge technologies offered (such as MiniLED and DisplayHDR 1400), exceptional performance (with refresh rates up to 360 Hz), and unwavering commitment to providing the ultimate gaming experience. In the last year, AGON by AOC launched its 5th generation of AGON monitors with refreshed designs as well as fast, responsive panels, and introduced brand-new technologies in its AGON PRO line-up.

AGON by AOC: Unleashing the ultimate gaming experience worldwide

Kevin WU, General Manager of MMD Singapore, says, “We are thrilled to be the world’s top gaming monitor brand. This couldn’t be possible without the incredible support of the gaming scene and customers worldwide who faithfully trust our expertise to deliver exceptional products with great value. As we continue to grow, we are committed to bringing innovative and state-of-the-art products to the market, tailored to the preferences of our diverse gaming community.”

AGON by AOC offers a comprehensive line-up of gaming monitors, which appeals to a wide range of gamers with its three sub-categories:

AOC GAMING: Designed for casual and core gamers, these monitors accommodate players of all skill levels, from content creators and streamers to those who relish the thrill of exploration and adventure. The AOC GAMING line emphasizes the importance of the gaming experience itself, providing diverse options that cater to gamers’ varying moods and interests. The AOC GAMING category offers a value-focussed approach to deliver high-quality, high-performance monitors to a mass audience of entry-level as well as intermediate gamers, with products such as the renowned 27G2SP,25G3ZM or Q27G2S/EU monitors.

AGON: Tailored to mainstream and hardcore gamers, the AGON line-up serves competitive players who aspire to become heroes in the gaming scene, like their favourite streamer or top esports players. With a premium design and useful extra features, AGON monitors excel in providing a seamless and immersive gaming experience for multiplayer esports titles, such as shooter and MOBA games. AGON’s 5th generation monitors offer the latest 32-inch AG325QX with a 180 Hz refresh rate and response times as low as 1 ms GtG, empowering competitive gamers to unleash their true capabilities with fast reflexes and fast decision-making.

AGON PRO: Crafted for high-end gamers, AGON PRO monitors minister to high-level content creators, influencers and professional esports athtletes, such as the renowned G2 Esports, RNG and Furia Esports teams sponsored by AGON by AOC, who demand the best in gaming technology. These individuals are driven by competition, strive to achieve personal bests, and seek superior features, exceptional performance, as well as unparalleled quality to indulge their passion for gaming. AGON PRO monitors deliver an unmatched experience for popular esports, shooter, MOBA and similar titles, and the line-up offers custom designed monitors such as the League of Legends branded AG275QXL, too. AGON PRO models come with cutting-edge technologies such as MiniLED backlighting to achieve 1000 nits brightness and localized dimming zones (AG274QXM), or high refresh rates of up to 360 Hz and pro tools such as the NVIDIA Reflex Analyzer (AG254FG). Thanks to built-in features such as a KVM switch and USB-C connectivity (AG324UX), these models improve productivity for content creators and professionals, whilst included add-ons such as the Screen Shield (in selected models) or QuickSwitch controller vastly improve the gaming experience, whether on stage at esports tournaments or in the comfort of one’s own living room. Stay tuned for AGON PRO’s 6th generation of monitors that will bring long-awaited technologies to gamers worldwide.

AGON by AOC extends its heartfelt gratitude to the gaming community and customers for their trust and continued support. The brand pledges to maintain its relentless pursuit of innovation, ensuring that gamers are equipped with the best tools to conquer their favorite games.

Hashtag: #AOCMonitors

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

About AOC

Founded in 1967, AOC is a globally leading monitor and IT accessories brand and a subsidiary of TPV Technology Limited, the world’s largest LCD manufacturer. AOC’s comprehensive product portfolio provides innovative, ergonomic, environmentally conscious and stylish solutions for professional as well as personal applications.

The sub-brand of AOC, AGON by AOC, offers one of the world’s strongest portfolios of high-performance gaming monitors and a complete ecosystem of gaming accessories grouped in three categories: AOC GAMING for core gamers, AGON for competitive gamers and AGON PRO for esports enthusiasts and professional esports players. Since 2020 AGON by AOC has been one of the leading gaming monitor brands and a top choice of gamers worldwide.

Laos Urges ASEAN to Tackle Issues of Poverty Alleviation and Food Security in Region

Laos Urges ASEAN to Tackle Poverty, Food Security
Kids living in poverty, Laos. ( Photo : The Star )

The Lao Minister of Information, Culture, and Tourism has urged ASEAN members to help the region tackle poverty and food security, during the 29th ASEAN Socio-Cultural Community Council Meeting in Bali, Indonesia that took place this week.

Divisive Thai Ex-pm Vows to Return From Exile After Polls

Divisive Thai Ex-pm Vows to Return From Exile After Polls
Former Thai Prime Minister, Thaksin Shinawatra. ( Photo : AP )

BANGKOK (AP) — Thailand’s self-exiled former prime minister said Tuesday he wants to return home by July, making his declaration less than a week before the country heads to polls in which his daughter is a frontrunner.

Central Bank of Laos Puts Mechanisms in Place to Control Inflation

Bank of Laos Implements Mechanisms to Control Inflation
Mr. Soulysak Thamnuvong, Head of the Department of Monetary Policy at the Bank of Laos

The Bank of the Lao PDR has implemented various measures to manage high rates of inflation in the country, including increasing interest rates and issuing saving bonds, according to Mr. Soulysak Thamnuvong, Head of the Department of Monetary Policy at the Central Bank.

New Law in Vietnam to Require Social Media Users Verify Identity

Vietnamese people on phones using social media.

State media in Vietnam reported on Monday that the government is planning to enforce a new rule that requires social media users, regardless of whether they are using local or foreign platforms, to authenticate their identity.