Lao junior table tennis athletes were unable to win any medals and the tournament’s champions were Japan, India, and Thailand.
Laos Fails to Win Any Medals in the 26th Asian Junior Table Tennis Championship

Morgan Stanley Once Again Fully Recognizes Fosun International’s Solid Financing Capability and Reiterates “Overweight” Rating
Morgan Stanley issued a research report on Fosun International yesterday (7 September), pointing out that although Fosun International has recently announced a few small divestments in its core subsidiaries, which raised concerns about the company’s near-term stability, Morgan Stanley has confidence in Fosun International’s financing capability and believes the company can raise enough cash to handle its debts and withstand the recent market pressure, the company is deleveraging further to rebuild confidence.
Following Morgan Stanley’s release of research report on Fosun International’s interim results on 31 August, Morgan Stanley once again issued a research report within a short period of time to reiterate its “Overweight” rating on Fosun International. Morgan Stanley expressed that Fosun International’s 2022 interim results was within expectation. The firm pointed out Fosun’s financial position is solid, with ample and increased cash position. As at the end of the reporting period, the company’s cash, bank balances and term deposits increased by approximately RMB21.0 billion to RMB117.65 billion, covering 45% of its total consolidated debt position; the debt to capital ratio was 56.8%. It believes that the Group’s balance sheet still largely stable.
After Fosun International announced its 2022 interim results, in addition to Morgan Stanley, a number of investment banks including Goldman Sachs, Citi, Daiwa Capital Markets and CICC, issued research reports and unanimously assigned “Buy” or “Overweight/Outperform” ratings to Fosun International. Fosun’s interim results showed that in the first half of the year, Fosun achieved sustainable growth in its revenue, continued to develop in technology and innovation and strengthen its globalization strategy, its funds remained stable, and its capital structure continued to be optimized, demonstrating the resilience of sustainable development, as well as the transparency of the financial strategy of balancing investment and divestment, which have been recognized by many major banks.
On 30 August, Fosun International announced its interim results. In the first half of 2022, against the backdrop of the complex and volatile external environment, Fosun demonstrated the resilience of sustainable development of its Health, Happiness, Wealth and Intelligent Manufacturing segments. During the reporting period, the Group’s total revenue amounted to RMB82.89 billion, representing a year-on-year increase of 17.7%; enterprise operation profit amounted to RMB2.33 billion, representing a year-on-year increase of 35.5%.
Since 2020, the Group has continued to strike a balance between investment and divestment, and optimize its asset portfolio. Following the realization of an “investment-to-divestment ratio” of less than 1 in 2020 and 2021, the Group continued to achieve more divestments than investments in the first half of 2022. Under the premise of balancing investments and divestments at the Group level, the Group focuses more on industry operations and the development of subsidiaries. The Group supports subsidiaries to carry out strategic mergers and acquisitions with the goal of strengthening its development of industry operations. At the same time, the Group’s financial strategy focuses on rating management, and plans to steadily and orderly reduce debt year by year from 2022 to 2025, while enriching cash on hand with asset divestments to consolidate liquidity buffer, steadily optimize its credit indicators, and further enhance the Group’s ability to cope with external market fluctuations and navigate economic cycles.
Recently, Fosun International has continued to strengthen cooperation with domestic and foreign banks. Following the signing of the strategic cooperation agreement with ICBC on 19 July, Fosun International renewed its strategic cooperation agreement with HSBC China on 26 August, HSBC China will provide support for Fosun International and its subsidiaries in the aspects of global operation and investment capabilities, growth strategies, financial resources, etc. To date, Fosun and its subsidiaries have established partnerships with more than 100 Chinese and foreign banks around the world and have signed strategic cooperation agreements with many international banks and Chinese banks.
Fosun has been steadfastly fulfilling its mission of “creating happier lives for families worldwide”, strengthening its presence in four business segments: Health, Happiness, Wealth and Intelligent Manufacturing. It is also one of the few companies in China which has global operation and investment capabilities and has accumulated profound technology and innovation capabilities. Fosun maintained a stable leverage ratio, high risk tolerance with its multi-currency debts and stable debt maturity, and it is in a healthy financial position. At the interim results presentation held on 31 August, the management of Fosun International said that after entering the second half of the year, thanks to the Group’s long-term adherence to profound industry operations, the financial and operational indicators of companies in multiple segments have rapidly shown signs of a steady recovery.
Hashtag: #Fosun
The issuer is solely responsible for the content of this announcement.
About Fosun
Founded in 1992, Fosun is a global innovation-driven consumer group dedicated to providing high-quality products and services for families around the world in Health, Happiness, Wealth, and Intelligent Manufacturing segments. In 2007, Fosun International Limited was listed on the main board of the Hong Kong Stock Exchange (stock code: 00656.HK). As of 30 June 2022, Fosun International’s total assets amounted to RMB849.7 billion. Fosun International ranks No.589 on the 2022 Forbes Global 2000 List, with a MSCI ESG rating of AA.
Thai Opposition Fails to Strip Senate of its Power to Choose Next PM
Just short of eight votes, opposition parties in Thailand failed in their attempt to prevent the junta-appointed Senate of powers from electing the next prime minister before the national vote which would be held at the start of next year.
PolyU hosts the first China Accreditation Test for Translators and Interpreters in Hong Kong: The first Test in Hong Kong will be held in November ‧ Nurturing translation professionals through the promotion of nationally accredited qualifications

CATTI is the only language test incorporated into China’s national vocational qualification system. Divided into translation and interpretation categories, candidates who pass the test will obtain a Qualification Certificate of Proficiency issued by the Ministry of Human Resources and Social Security (MOHRSS) and CICG. The certificate is widely recognised by employers throughout the country. Last year, over 350,000 candidates took the examination.
PolyU has been a close partner of CATTI Management Center since the test’s launch in 2003. As a designated CATTI training centre for nearly 20 years, PolyU has been nurturing skilled translators and interpreters while also promoting and enhancing the impact of CATTI in both Hong Kong and Macau. Previously, candidates in Hong Kong wishing to obtain professional certification were required to take the examination in Guangdong or elsewhere in the Mainland.
Witnessed by Prof. Jin-Guang TENG, President of PolyU and Ms MIN Yi, Director of CATTI Executive Office and Deputy Director of National Committee for Master of Translation and Interpreting Teaching Guidance, CICG, the cooperation agreement was signed by Prof. LI Ping, Dean of the Faculty of Humanities, PolyU and Ms FENG Jingyi, Vice President of CATTI Management Center, in a video conference.
Prof. Jin-Guang Teng said: “PolyU is committed to connecting our education and research with the industry. We provide comprehensive language programmes to improve our students’ language proficiency for their professional development and to meet society’s needs, so that they can unleash their full potential and serve the community in a multilingual world. With PolyU organising the CATTI test in Hong Kong, we will further improve the competence of Hong Kong’s translators and interpreters and drive their career advancement with nationally recognised qualifications.”
Ms Min Yi stated: “PolyU has cultivated abundant talents in languages and translation. Leveraging the strengths of both organisations, we are putting the ‘Outline Development Plan for the Guangdong – Hong Kong – Macao Greater Bay Area’ into practice. Our partnership will help to nurture young translators who love our mother country and Hong Kong and to expand their global perspectives, while boosting the professional development of translation talents in Hong Kong. Furthermore, it will positively impact exchanges between the Mainland, Hong Kong and Macau in the field of humanities.”
Besides supporting professional development in Chinese translation and interpretation, PolyU has been proactively raising the Putonghua proficiency of its students, including through a newly launched sponsorship scheme to encourage students to take standardised Putonghua tests. All PolyU full-time students can apply to take these Putonghua tests at a discount. Additional sponsorship may also be offered based on their overall grades in the tests.
To further increase students’ interest and proficiency in Putonghua, PolyU’s Chinese Language Centre and the Hong Kong Tertiary Putonghua Recitation Society will jointly organise the PolyU 85th Anniversary Performance cum Putonghua Recitation and Demonstration Workshop. The event will be held on 19 November at the Chiang Cheng Studio Theatre in PolyU.
For more information about CATTI and PolyU’s Department of Chinese and Bilingual Studies, please visit:
https://www.polyu.edu.hk/cbs/cts/hk/catti/
http://www.catticenter.com
Hashtag: #PolyU
Kerry Logistics Network Celebrates Seventh Win as Best 3PL Provider Named Best Logistics Service Provider – Air for the Sixth Time at 2022 AFLAS Awards
William Ma, Group Managing Director of Kerry Logistics Network, said, “We are proud to receive the two awards again this year. At Kerry Logistics Network, operational efficiency is in our DNA and we are committed to the success of our customers. The awards are testimony to our excellent operational strength and efforts to provide innovative and highly customised solutions to meet customer needs in uncertain times. I would like to dedicate these awards to the entire team who had worked tirelessly across all major gateways to keep cargo on the move for our customers.”
Kerry Logistics Network has been the holder of the AFLAS Awards Best 3PL Provider title since 2016. Despite ongoing global supply chain disruptions, Kerry Logistics Network has reacted quickly and enabled its customers to adopt new and different supply chain strategies and solutions in response to new business and operational needs by leveraging its strong Asia-based position and comprehensive logistics solutions. Currently, Kerry Logistics Network is providing end-to-end supply chain solutions to over 40 Interbrand global top 100 brands and a number of Fortune 500 companies, as well as cross-border e-commerce logistics services and cost-effective last-mile fulfilment to e-tailers.
Having received the Best Logistics Service Provider – Air award from the AFLAS Awards five times previously, Kerry Logistics Network is constantly expanding its air freight capabilities. It launched a new Trans-Pacific air freight service named Kerry Freight Controlled Network (KCN) in 2021, which connects multiple Asian locations to the USA to capture the heightened growth in the pandemic-hit air freight market, providing guaranteed and reliable service to its customers. At present, the service includes three weekly flights originating from Hanoi, Vietnam and four charter flights a week from Hong Kong to Huntsville, USA.
Hosted by Asia Cargo News, the AFLAS Awards are designed to honour leading service providers including air and shipping lines; airports and seaports; and logistics and 3PLs for demonstrating leadership as well as consistency in service quality, innovation, customer-relationship management and reliability. The results were voted by freight and logistics companies and their customers from the Asia-Pacific who have business internationally.
Hashtag: #KerryLogisticsNetwork
The issuer is solely responsible for the content of this announcement.
About Kerry Logistics Network Limited (Stock Code 0636.HK)
Kerry Logistics Network is an Asia-based, global 3PL with a highly diversified business portfolio and the strongest coverage in Asia. It offers a broad range of supply chain solutions from integrated logistics, international freight forwarding (air, ocean, road, rail and multimodal), industrial project logistics, to cross-border e-commerce, last-mile fulfilment and infrastructure investment.
With a global presence across 59 countries and territories, Kerry Logistics Network has established a solid foothold in half of the world’s emerging markets. Its diverse infrastructure, extensive coverage in international gateways and local expertise span across the Mainland of China, India, Southeast Asia, the CIS, Middle East, LATAM and other locations.
Kerry Logistics Network generated a revenue of over HK$81 billion in 2021 and is the largest international logistics company listed on the Hong Kong Stock Exchange.
About the Asian Freight, Logistics and Supply Chain Awards
Established by the air freight, sea freight and logistics publication Asia Cargo News in 1986, the annual Asian Freight, Logistics and Supply Chain Awards recognise excellence in service providers in the freight and logistics industry. The winners were nominated and voted by readers and e-news subscribers of Asia Cargo News, making the results the opinion of service users.
Africa’s Financial Industry Gears up for Digital Finance Africa 2022
JOHANNESBURG, GAUTENG, ZA – Media OutReach – 8 September 2022 – The 2nd annual Digital Finance Africa is set to take place on the 22nd of September 2022, at The Maslow, Sandton, South Africa. The forum is hosted by IT News Africa, under the theme; Bridging the gap between the future and the present through digital solutions.
Following a successful 2021 event, #DFAfrica22 will bring together over 200 local and international BFSI industry leaders, fintech founders, industry regulators and technology service providers, to learn about cutting-edge innovations and engage in dynamic discussions addressing how finance is being redefined by technology.
This year’s Digital Finance Africa promises to be a success as it plans to address topics such as central bank digital currencies, RegTech, crypto payments, digital transformation and the cold war-like rivalry between Fintechs and banks.
Now, more than ever, we must come together and share our stories and find answers to our questions.
Key topics at the forum will include:
- Why the future of financial services is digital.
- How blockchain is rocking the financial world.
- FinTech vs. Banks – who is winning, or is it not a competition?
- How analytics beats intuition in customer service excellence.
- The pitfalls of digital transformation in Finance.
- Central Bank Digital Currencies: Challenges & Opportunities for the Financial Services Industry.
- Is South Africa ready for a digital currency, and the legal implications thereof?
Confirmed speakers for Digital Finance Africa 2022 include:
- Tracy Bolton, Chief Operating Officer at SAP.
- Tamara Mkula, Business Information Security Officer at Nedbank
- Abe Wakama, CEO at IT News Africa.
- Shem Kakembo, Managing Director at EFCUG, Uganda.
- Peter Neubauer, Chief Executive Officer at VIPASO, Austria.
- Magda Milas, President at Alice in Blockchains, Croatia.
- Moloti Nkune, Chief Information Officer at MICT SETA.
- Michelle Beetar, Vice President and Managing Director: MEA at FICO.
- Sandy Rheeder, CIO at Mukuru.
- Desiree Reddy, Director at Norton Rose Fulbright.
- Charles Mutigwe, Associate Professor, Business Information Systems at Western New England University, USA.
- Ahmed Ali Saleemi, Chief Operating Officer at AFT (Electronic Money Institute), Pakistan.
How to Participate:
Join as an attendee: Join local and international CxOs, line-of-business (LoB) executives as well as heads of innovation, technology and strategy to discuss the future of digital finance.
Join us as an exhibitor: Showcase your technology innovations, projects, and solutions. Put your organisation at the centre of this one-of-a-kind gathering. Find new partners, investors, leads, and opportunities.
Join as a sponsor: Showcase your brand and present your technology solutions to a select audience. Position your organisation at the forefront of digital finance.
For more information about this conference, visit: www.digitalfinanceafrica.com
[t]: +27 12 012 5801 [e]: events@itnewsafrica.com
PROJECT21st: Play Further! Videos Launch
An Online Contemporary Music Showcase
HONG KONG SAR – Media OutReach – 8 September 2022 – ‘To play is to appreciate, learn and explore’

“Play Further!” brings together musicians and composers around the globe to present a series of videos, seminars and masterclasses online. The new video series consist of new commissions and rarely recorded contemporary music works presented by some of today’s most distinguished musicians.
Presented by PROJECT21st, a Hong Kong-based platform for international artistic experimentation, research and new commissions with a focus on music, the project aims to inspire and support creativity in the post-pandemic era, showcase new works created by an international circle of musicians and composers while we all learn to co-exist with Covid-19.
Featuring 7 artists from 4 countries including Jeanne-Marie Conquer, Mario Caroli, Sabrina Ma, Tadashi Tajima, Tosiya Suzuki and Duo Dillon-Torquati, a total of 26 videos with 29 works are featured in this online contemporary music showcase.
‘The videos offer an alternative viewing experience, you could get up close and see how some of the unusual sounds are made with contemporary idioms on different instruments, and get an intimate feeling of the aura of these musicians in performing these daring and evocative works’ said Charles Kwong, a Hong Kong-based composer, curator of Play Further! and Artistic Director of PROJECT21st. Although it wasn’t feasible to bring the artists to Hong Kong to perform live, for contemporary music, these online videos provide another level of understanding to the work presented by musicians, as new sensation was explored through unexpected and innovative ways of music making.
Highlights from the project include Lost in __________ (2020) by Hinako Takagi, the winning work of the international call-for-score for Mario Caroli in by PROJECT21st, which attracted 43 entries from over 20 countries; two new commissioned works Imaginary Beings 1, Imaginary Beings 2 by Charles Kwong dedicated to Jeanne-Marie Conquer (violin), and Tosiya Suzuki and Tadashi Tajima (recorder and shakuhachi); a new commissioned work, without mirror… by Alice Yeung (Hong Kong composer based in The Hague) for Sabrina Ma; as well as Toshio Hosokawa’s new work Mana, written for Tosiya Suzuki and Tadashi Tajima (recorder and shakuhachi).
All videos are available free on PROJECT21st YouTube channel now.
Programme Information:
Play Further!
Online videos: https://bit.ly/3x3pdQy
Project website https://www.project21st.org/playfurther
Featured Artists’ videos:
Mario Caroli (flute): https://bit.ly/3QgXT8c
Jeanne-Marie Conquer (violin): https://bit.ly/3BjXNbu
Duo Dillon-Torquati (cello and piano): https://bit.ly/3BkeyDr
Sabrina Ma (percussion): https://bit.ly/3Bk2C4y
Tosiya Suzuki and Tadashi Tajima (recorder and shakuhachi): https://bit.ly/3RoxxT4
Project 21st:
Official website: www.project21st.org
YouTube channel: www.youtube.com/channel/UCD5vdQnyzjxQ7B0aM2voXCw
Instagram: www.instagram.com/project21sthk/
Facebook: www.facebook.com/PROJECT21stHK
“Play Further!” is financially supported by the Arts Capacity Development Funding Scheme of the Government of the Hong Kong Special Administrative Region.
Hashtag: #Project21st #廿一檔 #PlayFurther #ContemporaryMusic #CharlesKwong #JeanneMarieConquer #MarioCaroli #SabrinaMa #馬淑慧 #TadashiTajima #田嶋直士 #TosiyaSuzuki #鈴木俊哉 #DuoDillonTorquati
About Project21st:
PROJECT21st is a platform for artistic experimentation, research and new commissions. They create, curate and facilitate artistic exchange and collaborations in response to the opportunities, and challenges presented by the changing global ecology of performing arts in the 21st century.
PolyU announces the establishment of the School of Fashion and Textiles to nurture innovative, creative fashion talent and seize opportunities in the Greater Bay Area

The School is an international institution integrating fashion and textile education, and innovative technology research. It will comprehensively enhance the competitive advantage of SFT graduates and Hong Kong’s fashion and textile industry while also aligning it with the market development of the Greater Bay Area. The School’s vision is to lead the fashion industry and create societal impact while offering solutions that leverage the research and innovative excellence of the School.

The School is renowned for its world-class teaching and academic achievements. Its academics come from around the world, specialising and leading the way in a variety of academic and research areas including wearable and smart textiles, medical textiles and functional clothing, social fashion design, sustainable fashion, digital fashion marketing, and fashion supply chain management. According to a report by Stanford University in 2021, 13 ITC Scholars are ranked among the world’s top 2% scientists. Furthermore, according to CEOWORLD magazine, SFT was ranked the second in Asia and 43rd in the world of the World’s Best Fashion Schools in 2022. The School has set and reached significant milestones in its pursuit of research excellence for societal impact. Last year, SFT was highly appraised in the Hong Kong University Grants Committee (UGC) “2020 Research Review Exercise”, and its research in the creative arts, performing arts and design was the best among the eight UGC-funded institutions.
Officiating guests at the opening ceremony included Mr Sunny TAN, Member of the Legislative Council of the HKSAR – Textiles, and Garment constituency; Dr LAM Tai-fai, Chairman of the PolyU Council; Prof. Jin-Guang TENG, the President of PolyU; and Ms Shirley CHAN, Chairlady of the Advisory Committee of SFT.
Prof. Jin-Guang Teng, President of PolyU, said, “It gives me great pleasure to inaugurate the School of Fashion and Textiles as the University’s third flagship and independent school. The new School will push the boundaries of educational and research excellence even further. SFT’s vision is to be a world-leading centre in fashion and textiles education, interdisciplinary research and collaboration, playing a pivotal role in developing Hong Kong into a world-renowned fashion hub.”
Ms Shirley Chan, Chairlady of the SFT Advisory Committee, said, “The new School of Fashion and Textiles will have a new emphasis on education, research and industry partnerships. PolyU has been a leading institution for fashion and textile education and research, both in Asia and globally, since 1957. The transformation of ITC to the School of Fashion and Textiles reflects its continuing position as an educational leader for many years to come.”
To meet the increasing demand for advanced technology in the fashion and textile industry, SFT has worked closely with the industrial sector both locally and internationally to introduce knowledge transfer and apply innovative and insightful technologies. Significant projects include the Nu-Torque™ singles ring-yarn technology, the personalised posture training system for medical, sports and healthcare applications, and intelligent 3D human-modelling technology. These have had ground-breaking and far-reaching influences within the industry. Facing the COVID-19 pandemic, as well as successfully developing new anti-virus 3D printing materials, anti-virus reusable PU30 masks, and protective clothing, SFT has maintained its close ties with the government, NGOs and disadvantaged groups.
SFT has earmarked additional resources to foster academic and technological education and research. Its courses keep pace with the times in order to best meet market requirements for advanced technology, and new subjects including artificial intelligence, digital fashion design, e-commerce and sustainable development are all being added to the School’s programmes. The revamped undergraduate programme – BA (Hons) Scheme in Fashion, and the taught postgraduate programme – MA in Global Fashion Management, are vivid representations of a prestigious, high quality, full spectrum fashion education with the trilogy of design, business and technology to accommodate local, regional and international demand for fashion talent.
Hashtag: #PolyU #PolyUFashion #PolyUSFT #HKFashionSchool
About the School of Fashion and Textiles
Formerly known as the Institute of Textiles and Clothing (ITC), the School of Fashion and Textiles (SFT) is the pioneer of fashion and textiles education in Hong Kong. Since its inception in 1957, SFT has developed into a world-class institution in fashion and textile education, research and services. SFT offers a wide range of academic programmes embracing such disciplines as fashion and textiles technology, design, retail and marketing, intimate apparel and activewear, and knitwear design and technology. Its extensive ground-breaking research and innovations have advanced the development of the global textiles and fashion industry and helped transform Hong Kong from a manufacturing and merchandising base in the 1950s and 60s to an international fashion design, creative and branding hub today.
Website of the School of Fashion and Textile: www.polyu.edu.hk/sft