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Weaving a Luminous Fairy Tale with Technology: An Immersive Nighttime Spectacle Hosted by the Liangma River in Beijing


BEIJING, CHINA – Media OutReach Newswire – 15 October 2025 – A golden autumn breeze brushes past the banks of Liangma River, as dazzling lights illuminate the night sky over Chaoyang. From September 26 to October 31, 2025, the 2025 Beijing Chaoyang International Light Festival · Consumption Season transforms the riverside into a realm of enchantment, where high-tech installations such as the aquatic “Magic Cube,” “Soaring Over the Blue Lake,” and “Lonely Planet” infuse the event with a futuristic allure.

"Magic Cube"high-tech installation
“Magic Cube”high-tech installation

Centered around the Liangma River Cultural and Economic Belt and the Olympic Center, this year’s Light Festival presents nearly 100 cultural, tourism, commercial, and sports activities—including performances, exhibitions, and markets—seamlessly blending art, light, and commerce. The festivities will continue through the end of October.

The aerial light show
The aerial light show

An evening stroll along the Liangma River is an invitation to romance. From Yansha Pier toward Solana, visitors encounter shimmering Crystal Light Flowers, glowing cloud-shaped benches, ginkgo-inspired installations, and trees adorned in kaleidoscopic hues—collectively casting a spell of radiant elegance along both riverbanks.

At the heart of Chaoyang Park’s North Lake floats the “Magic Cube,” a colossal cubic structure paired with a circular waterborne stage. Its nine rotating tiers shift continuously, creating ever-changing light patterns that surprise and delight like opening a series of luminous blind boxes. Nearby, “Lonely Planet” offers a serene social space on the water—a cluster of transparent, dome-shaped “bubble pods” that emit a soft, starry glow, elegantly merging technology with lakeside ambiance and human connection.

Technology deepens the bond between art and emotion. At Shell Theater, an aerial light show spans the water’s surface, where luminous figures of mythical creatures—such as the Kunpeng (a giant fish-bird in ancient Chinese mythology) and galloping horses—interweave with live performances, crafting a three-dimensional visual myth that unfolds across land, water, and sky. “It’s a symphony of culture, nature, and urban life in perfect harmony,” remarked one enchanted visitor.

The 2025 Beijing Chaoyang International Light Festival · Consumption Season is redefining nighttime leisure, turning this corner of the city into a destination where romance meets innovation. This unique Chaoyang magic awaits—ready for you to discover.

Hashtag: #Chaoyang

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

ZETA NETWORK GROUP (NASDAQ: ZNB) STRENGTHENS BALANCE SHEET WITH USD 231 MILLION BITCOIN-BACKED INVESTMENT AMID MARKET TURBULENCE

Strategic PIPE transaction enhances Zeta Network Group’s digital treasury with fully collateralized SolvBTC assets

NEW YORK, Oct. 15, 2025 /PRNewswire/ — Zeta Network Group (Nasdaq: ZNB) today announced that it has entered into a securities purchase agreement in a private placement for an aggregate of US$230,837,060.2 of (1) its Class A ordinary shares; (2) warrants entitling the Purchaser to purchase one Class A ordinary share for one warrant, exercisable at a price of $2.55 per Class A ordinary share, at a combined offering price of $1.7 per Class A ordinary share and warrant to purchase one Class A ordinary share.

The aggregate gross proceeds of US$230,837,060.2 are payable in BTC or SolvBTC, which is a 1:1 wrapped Bitcoin-backed token issued by Solv Protocol, an on-chain Bitcoin reserve providing institutional mechanisms for the productive use of Bitcoin holdings. The private placement is expected to close on October 16, 2025, subject to customary closing conditions. 

This private placement strengthens Zeta Network Group’s balance sheet and enhances its net-asset value with a Bitcoin-backed, yield-generating instrument designed for institutional adoption. Entered into during a period of market turbulence, the transaction underscores Zeta Network Group’s confidence in Bitcoin’s fundamentals and its commitment to disciplined, counter-cyclical treasury management, reflecting similar strategies seen among other Bitcoin treasuries accumulating Bitcoin during market downturns.

Entered into during a period of market turbulence, the transaction highlights Zeta Network Group’s conviction in Bitcoin’s long-term fundamentals and its disciplined, counter-cyclical approach to treasury management, mirroring strategies adopted by leading Bitcoin treasuries that accumulate during market downturns.

SolvBTC is a 1:1 wrapped Bitcoin-backed token issued by Solv Protocol, an on-chain Bitcoin reserve providing institutional mechanisms for the productive use of Bitcoin holdings. Within Solv Protocol’s wide suite of products, SolvBTC serves as its institutional Bitcoin-backed asset, designed for treasury and capital-market applications. Each SolvBTC is fully collateralized 1:1 with Bitcoin, held under regulated custody, and verified through on-chain proof-of-reserves, offering companies a transparent and compliant way to generate yield on Bitcoin exposure.

“This is a strategic balance-sheet allocation that reinforces Zeta Network Group’s long-term financial position,” said Patrick Ngan, Chief Investment Officer at Zeta Network Group. “By integrating SolvBTC into our treasury, we’re enhancing financial resilience with an instrument that combines Bitcoin’s scarcity with sustainable yield. It’s a measured, institutional approach to growth.”

By adding SolvBTC, Zeta Network Group joins a growing cohort of Nasdaq-listed companies rethinking how digital assets fit within corporate finance frameworks. Rather than holding Bitcoin passively, listed companies are now exploring structured, yield-generating instruments that contribute to returns and liquidity while maintaining regulatory standards.

“Listed entities are redefining what it means to hold Bitcoin productively,” said Ryan Chow, CEO of Solv Protocol. “With SolvBTC, we’re offering the structure required for treasury-grade adoption, bridging institutional finance with on-chain infrastructure. 

Beyond its balance-sheet impact, this transaction marks Zeta Network Group’s first step in a broader collaboration with Solv Protocol, establishing a framework for how tokenized Bitcoin instruments can participate in regulated capital markets. Conducted through a structured private placement, the investment demonstrates that digital financing can align with public-market governance while maintaining on-chain verification and transparency. 

About Zeta Network Group (Nasdaq: ZNB)

Zeta Network Group (Nasdaq: ZNB) is a U.S.-listed digital infrastructure and financial technology company pioneering the convergence of traditional finance and the digital asset economy. The Group is developing a Bitcoin-centric institutional finance platform that integrates digital asset treasury management, Bitcoin liquidity aggregation, and sustainable Bitcoin mining operations, all within a regulated Nasdaq framework.

Led by a global team of finance and technology experts, Zeta Network is redefining institutional digital finance by merging the governance and transparency of a public company with the innovation and scalability of blockchain to create a trusted bridge between capital markets and decentralized finance.

For more information, visit ir.thezetanetwork.com.

About Solv Protocol

Solv Protocol is the on-chain Bitcoin Reserve bridging TradFi, CeFi, and DeFi to power the $1 trillion Bitcoin finance economy. Through its flagship product, SolvBTC, it enables retail and institutional investors to earn sustainable yields on their Bitcoin holdings, transforming the world’s hardest money from a passive store of value into a productive, globally accessible financial asset. Solv Protocol is backed by leading investors, including Binance Labs, Blockchain Capital, Laser Digital, and OKX Ventures. For more information, visit solv.finance

For Media Enquiries
Alex Revutsky
alex@yapglobal.com

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations and involve risks and uncertainties that could cause actual results to differ materially from those projected. Forward-looking statements include, among other things, statements regarding anticipated financial performance, strategy, and the potential impact of the transaction described herein. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Zeta Network Group undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

For Media Enquiries
Aroma Kumar
aroma@lunapr.io 

First Key Update of the International AI Safety Report released

MONTREAL, Oct. 15, 2025 /PRNewswire/ — The first Key Update of the International AI Safety Report has been published, providing a timely update on the capabilities and risks of advanced AI.

Chaired by Turing Award-winning computer scientist Yoshua Bengio, the Report involves more than 100 international experts and is backed by over 30 countries and international organisations including the EU, OECD and UN.

Recognising that the field is evolving too quickly for a single annual report, Key Updates have been introduced to provide shorter, focused reports on critical developments. This will ensure policymakers have an updated synthesis of the literature to inform evidence-based policymaking.

The first Key Update covers capability advancements and risk implications:

  • AI models continue to improve on complex problem-solving abilities: for example, leading systems can now complete over 60% of tasks in a set of real-world software engineering problems. At the beginning of 2025 they could only complete about 40% of these problems, and at the beginning of 2024 they could not solve any. (In fact, just since the Update text was finalized, performance has improved to over 70%.)
  • Industry actors have adopted new precautionary safeguards: Multiple major AI developers have proactively released their newest models with additional safety measures after being unable to definitively rule out the possibility that these models could assist in the development of chemical, biological, radiological, and nuclear risks.
  • AI models increasingly demonstrate strategic behavior while being evaluated, raising oversight challenges: AI models are increasingly likely to demonstrate awareness that they are being evaluated and alter their outputs accordingly, raising significant questions about the ability of developers and testers to accurately assess the capabilities of new models before deploying them.

Chair of the Report Yoshua Bengio, Full Professor at Université de Montréal, Scientific Director of LawZero and Scientific Advisor of Mila – Quebec AI Institute, said:

“AI capabilities have continued to evolve rapidly and consistently since the publication of the first International AI Safety Report nine months ago. It is essential that our collective understanding of its risks and safety measures keeps up. This Key Update provides a timely, evidence-based snapshot for global decision-makers to have the most current scientific information and thus ensure proactive and informed governance. It also serves as a bridge in anticipation of the upcoming comprehensive report that will be published ahead of the AI Impact Summit in India in early 2026.”

About

The International AI Safety Report is a synthesis of the evidence on the capabilities and risks of advanced AI systems. It is designed to support informed policymaking globally by providing an evidence base for decision-makers. Authored by a diverse group of over 100 independent experts, the report is backed by an Expert Advisory Panel composed of nominated representatives from over 30 countries and international organisations including the EU, OECD and UN. While acknowledging AI’s immense potential benefits, the report’s focus is on identifying risks and evaluating mitigation strategies to ensure AI is developed and used safely for the benefit of all. The report was commissioned by the UK Government with the Secretariat sitting in the UK AI Security Institute.

Contact: Mila Medias, medias@mila.quebec; DSIT Media Enquiries, press@dsit.gov.uk

Bybit Georgia Enters New Chapter with Presence at DGFI 2025 and Major Partnership Deal with Setanta Sports

TBILISI, Georgia, Oct. 15, 2025 /PRNewswire/ — Bybit Georgia, a crypto exchange (VASP) licensed by the National Bank of Georgia associated with Bybit, the world’s second-largest cryptocurrency exchange by trading volume and the first global crypto leader to operate in Georgia with a full local license, recently marked a successful debut at DGFI 2025, the country’s premier digital finance conference with over 5,000 attendees. Building its presence in the market, Bybit Georgia also announced a landmark partnership with Setanta Sports, Georgia’s leading sports broadcaster.

Bybit Georgia at DGFI 2025: Tbilisi’s Crypto Charm

Since its launch on July 7, 2025, Bybit Georgia has rapidly expanded its footprint in the Georgian market. DGFI 2025 represented the company’s first major conference appearance, where the Bybit Georgia booth welcomed hundreds of visitors, including retail users, potential business partners, media representatives, and key opinion leaders.

The event featured a high-profile panel on digital finance, blockchain, and artificial intelligence, with Mazurka Zeng, Head of Fiat and Payment of Bybit, joining speakers from Mastercard, Tether, and the National Bank of Georgia. The session drew a captivated audience and was among the most engaging discussions of the conference.

“We are delighted to be part of DeGameFi 2025, marking our first conference appearance in Tbilisi since launching Bybit Georgia in July. Through the event, we were able to deepen our connections, strengthen strategic partnerships, and reinforce our presence within Georgia’s dynamic crypto ecosystem,” said Mazurka Zeng, Head of Fiat and Payment of Bybit.Georgia holds a unique position in Bybit’s global strategy. Our mission is to make crypto accessible to all and to foster mass adoption through trust, innovation, and education. Over the past few years, Georgia has emerged as a regional crypto hub, and Bybit is excited to play an active role in supporting this growth.”

Center: Bybit's Mazurka Zeng at DGFI 2025 in Tbilisi
Center: Bybit’s Mazurka Zeng at DGFI 2025 in Tbilisi

Bybit Georgia x Setanta Sports: Making Bybit a Household Name

Building on its global track record of partnering with premier sports brands including Borussia Dortmund, Bybit Georgia has also announced its first major local partnership with Setanta Sports, Georgia’s premier sports broadcasting platform, delivering live coverage of the world’s most prestigious sporting events.

With over 2.5 million monthly website views, Setanta Sports is the go-to destination for Georgian sports enthusiasts, offering comprehensive coverage that brings international sporting excellence directly to local audiences. This collaboration marks Bybit Georgia’s first local partnership of this scale and underscores the company’s commitment to creating value for Georgian users while introducing cryptocurrency to a broader mainstream audience.

Bybit Georgia: Global Expertise, Local Commitment

Since launching Bybit Georgia in July 2025, Bybit Georgia has achieved significant milestones to position itself for the next stage of growth:

  1. Mobile Innovation: Launched the Bybit app and one-click buy feature in the first week of October, streamlining the user experience and making crypto more accessible to Georgian users.
  2. Thought Leadership and Presence: Participated in DeGameFi, Georgia’s largest crypto conference, establishing Bybit Georgia as a thought leader in the local blockchain ecosystem.
  3. Education Partnership: Partnered with Pixel Academy to launch the “Crypto Lion” course, advancing Web3 education in Georgia. This program empowers young talent, sparks innovation, and strengthens the country’s digital economy by making blockchain education accessible and future-focused.
  4. Sports Broadcasting Alliance: Forged a strategic partnership with Setanta Sports. To celebrate this partnership, Bybit Georgia and Setanta Sports have launched an exciting joint campaign featuring an 80,000 USDT prize pool

Bybit’s expansion into Georgia closely follows its successful MiCAR-approved entry into the European Union market. As the first and only global crypto leader with a full local license in Georgia, Bybit Georgia is dedicated to providing users with a secure, regulated environment for digital asset trading, and preparing the local community for the future of the digital economy.

#Bybit / #CryptoArk

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit’s Communities and Social Media

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PROUD Launches its Second InterContinental Branded Residences in Thailand, Redefining Luxury Living on Phuket’s Kamala Beach


BANGKOK, THAILAND – Media OutReach Newswire – 15 October 2025 – Proud Real Estate Public Company Limited (PROUD) announces the launch of The Residences at InterContinental Phuket Resort, a prestigious development with an investment exceeding THB 2.5 billion (around $77 million USD). This is the company’s second Branded Residences project in Thailand under the globally renowned InterContinental brand, introducing a transformative concept of residential living themed ‘Live Beyond Boundaries in Paradise’ on the coveted beachfront of Kamala Beach, Phuket. Residents will enjoy a seamless lifestyle integrated with the InterContinental Phuket Resort, backed by a Two Michelin Keys award. The ultra-exclusive development comprises only 111 units, offering exclusive privileges and full access to premium amenities in Phuket’s premier ‘Millionaire’s Mile’ location.

The Residences at InterContinental Phuket Resort
The Residences at InterContinental Phuket Resort

For over 20 years, IHG Hotels & Resorts (IHG) and PROUD’s management team have fostered a strong partnership, delivering successful hotel developments and residential projects under various global brands. PROUD’s first InterContinental branded residences, the InterContinental Residences Hua Hin, achieved remarkable market success and set a new benchmark for luxury living in the region, contributing to the increase in average property prices in Hua Hin.

PROUD continue this success with the launch of The Residences at InterContinental Phuket Resort — a prestigious development with an investment exceeding THB 2.5 billion (around $77 million USD) that redefines luxury living on Kamala Beach, Phuket. The development is completed with services from InterContinental Phuket Resort, the only InterContinental property in the world to receive the prestigious Two Michelin Keys award.

Mr. Pasu Liptapanlop, Director of PROUD, said “Drawing upon our extensive experience and proven success in developing world-class luxury real estate projects across Bangkok and Hua Hin, PROUD is now ready to expand our residential development into Phuket province, a world-class destination regarded as one of Asia’s most highly sought-after luxury real estate city.”

Proudputh Liptapanlop Proud Real Estate
Proudputh Liptapanlop Proud Real Estate

Ms. Proudputh Liptapanlop, Director of PROUD, added “The Residences at InterContinental Phuket Resort has been designed under the concept of Live Beyond Boundaries in Paradise’. This ultra-exclusive residential development comprises only 111 units, situated in Phuket’s renowned ‘Millionaire Mile‘—a prestigious enclave celebrated for its natural beauty and affluent lifestyle. Nestled within this ‘Hidden Gem’ of the island, residents enjoy serene surroundings alongside convenient access to essential lifestyle amenities.”

The project features architectural design inspired by the concept of a “Far East Paradise”, conveying heavenly beauty that creates a unified narrative from the adjacent resort to its new residential development. This is achieved through artful incorporation of distinctive Sino-European and Peranakan cultural influences throughout its design. The residences offer spacious layouts with generously sized balconies, available in configurations ranging from 58-square-metre one-bedroom units to expansive 425-square-metre five-bedroom penthouses. Each unit is delivered fully furnished with premium furniture, with prices starting at 15 million baht.

In addition, every aspect of the residence has been carefully designed to enhance quality of life and relaxation. Common areas feature advanced technologies such as Hydro Massage, Aqua Symphony, and Technogym Fitness. The design seamlessly integrates nature, allowing residents to experience it from every area. This is complemented by sustainability elements including solar panel installations and waste and water management systems. It is also preparing for global Fitwel Certification an accreditation for buildings that promote occupant wellness, a key philosophy that sets PROUD’s residential developments apart.

Residents can also enjoy access to a range of services and facilities, including 24/7 concierge support, as well as resident-only pools, entertainment, and function spaces. Additionally, they benefit from easy access to the Micheline recognised restaurants, spa, and yacht services available through the adjacent InterContinental Phuket Resort. Other perks include IHG One Rewards membership status benefits for selected customers, and PROUD privileges curated to enhance the residents’ lifestyle.

Mr. Bjorn Courage, General Manager of InterContinental Phuket Resort and President of Phuket Hotels Association, added “Our resort has evolved beyond being solely a place of leisure to become a world-class luxury destination, addressing the needs of discerning travelers seeking a diverse range of luxury lifestyle experiences. In addition to elegantly appointed accommodations and comprehensive facilities, guests are provided with exceptional opportunities such as dining at award-winning restaurants, savouring sunset views with signature beverages at our beachfront bar, and rejuvenating both body and mind through holistic treatments at Sati Spa. Each element is thoughtfully integrated to deliver a memorable and distinctive experience, embodying true luxury and the authentic lifestyle of Phuket, which we can now extend to the residents.”

Mr. Bhummikitti Ruktaengam, Vice President of the Tourism Council of Thailand and President of Phuket, Sustainable Tourism Development Foundation, added “Kamala has established itself as one of Phuket’s most comprehensive and luxurious lifestyle destinations. Not only will the development of luxury hotel services and the emergence of The Residences at InterContinental Phuket Resort perfectly reflect the area’s transformation into the ‘Millionaire Mile’, but there are also many sustainable development plans for the surrounding Kamala area from both government and private sectors that will enhance convenience and completeness whilst maintaining the charm and exclusivity that keeps Kamala Beach luxurious and desirable forever.”

For those interested in owning a residence at The Residences at InterContinental Phuket Resort, appointments to view the project can be made at the sales office located at InterContinental Phuket Resort. For additional information, please contact 02-0268999 or visit https://www.proudrealestate.co.th/theresidencesphuket/

Legal disclaimer: Kamala Ascend Company Limited, being the current owner and developer of the The Residences at InterContinental Phuket Resort, is solely responsible for the development, marketing and sale of the Units. The Units are not owned, developed or sold by InterContinental Hotels Group (Asia Pacific) Pte. Ltd., InterContinental Hotels Group PLC, or any of their affiliates (collectively “IHG“). There exists no joint venture, partnership, ownership or similar relationship between Kamala Ascend Company Limited and IHG. IHG is not responsible for the content presented in this press release.

Hashtag: #ProudRealEstate #TheResidencesAtInterContinentalPhuketResort #LiveBeyondBoundariesinParadise #AllIsWell #InterContinentalPhuketresort #BrandedResidences #LuxuryLiving #Kamala #Phuket #CondoPhuket



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

PROUD REAL ESTATE PUBLIC COMPANY LIMITED

Proud Real Estate is Thailand’s leading luxury wellness-focused property developer, renowned for creating holistic living environments that seamlessly integrate health optimization, sustainability, and timeless design. With a portfolio of internationally awarded projects, Proud Real Estate consistently delivers above-market investment returns while setting new benchmarks in luxury and resident well-being. The company gained global recognition for the development of one of only eight world-class branded residences under the InterContinental name—further solidifying Proud’s reputation for excellence in luxury real estate.

AIA survey: 72% of respondents lack sufficient retirement reserves 60% have yet to make advance preparations

Nearly 70% believe smart technology can help build better MPF portfolios AIA launches new MPF Smart Advisor to support members in achieving their desired retirement life


HONG KONG SAR – Media OutReach Newswire – 15 October 2025 – AIA Hong Kong (AIA) has released its latest “AIA Desired Retirement Tracker” (the survey), revealing that 72% of respondents do not have sufficient retirement reserves, with an average delay of 12.8 years expected before they can retire. Furthermore, nearly 60% have yet to establish a clear retirement savings plan, indicating that while most are aware of the financial pressures post-retirement, many have not made advance preparations to plan for their desired retirement.

AIA Hong Kong announces the findings of the 16th AIA Desired Retirement Tracker and launches the new MPF Smart Advisor. Pictured: Ms. Amelie Shen, Chief Corporate Solutions Officer of AIA Hong Kong and Macau.
AIA Hong Kong announces the findings of the 16th AIA Desired Retirement Tracker and launches the new MPF Smart Advisor. Pictured: Ms. Amelie Shen, Chief Corporate Solutions Officer of AIA Hong Kong and Macau.

Although the Mandatory Provident Fund (MPF) plays a critical role in retirement savings, its importance is often underestimated. The survey found that respondents expect only around 30% of their retirement reserves to come from MPF. At the same time, many face challenges and confusion when making MPF investment decisions: 65% find it difficult to select MPF funds; 57% are unclear about the differences between fund types; 56% do not understand how to interpret fund performance; 45% are unaware of their actual annualised investment returns. Importantly, nearly 70% of respondents agree that smart technology can help build stronger MPF portfolios. These findings suggest that tech-enabled tools can boost confidence in retirement planning and encourage more proactive MPF management.

In response, AIA’s MPF trustee – AIA Trustee – has partnered with Magnum Research Limited (AQUMON #, a leading fintech company in Hong Kong, to launch the new MPF Smart Advisor. This innovative solution empowers users to make informed MPF investment decisions with ease, supporting their journey towards a desired retirement.

Key features of MPF Smart Advisor:

  • Simple and user-friendly: Users simply answer five investment risk assessment questions to receive a recommended AIA MPF investment portfolio from the MPF Smart Advisor, with instant access to historical performance data. The platform offers up to 50 portfolio options, a rare breadth in the market, enabling flexible planning tailored to individual needs. Personalised recommendations are available to suit a range of investment preferences, including:
    • Regional investment preferences: e.g. Hong Kong and Chinese Mainland, North America
    • ESG investment preferences: for those prioritising environmental, social, and governance factors
  • Market-first^ feature: AIA MPF members can compare their current AIA MPF portfolios with the reference portfolio recommended by the MPF Smart Advisor, gaining clear insights into asset allocation. Users can also customise their own AIA MPF portfolio, simulate various configurations, and instantly view historical returns – all without executing actual fund switches — enabling more confident and informed decision-making.
  • Retirement gap calculator: By inputting their age, assets, and desired retirement lifestyle, users receive a data-driven analysis from MPF Smart Advisor highlighting the gap between their expected savings and retirement expenses, along with actionable suggestions to close the gap and move closer to their desired retirement.
  • Free access: MPF Smart Advisor is now available for free on the AIA+ mobile app, accessible to all AIA+ users.

Ms. Amelie Shen, Chief Corporate Solutions Officer of AIA Hong Kong and Macau, said, “As Hong Kong people live longer, early retirement planning becomes increasingly important. Yet many have not taken concrete action, and the retirement savings gap remains a pressing issue. At the same time, the market recognises the positive role of smart technology in retirement planning. To address this gap and meet the growing demand for intelligent, personalised retirement planning tools, AIA has launched MPF Smart Advisor – a smart solution offering professional investment advice to help users plan for retirement with greater autonomy and confidence.”

Ms. Shen added, “The earlier one begins retirement planning, the better positioned they are to leverage the benefits of dollar-cost averaging and the compounding effect — both of which enable individuals to navigate uncertainty with greater confidence and composure. Since AIA MPF joined the eMPF platform on 3 September, we have continued to offer diverse fund choices and market insights, along with forward-looking tools like MPF Smart Advisor to support advance preparations for retirement. Looking ahead, AIA remains committed to enhancing retirement services and helping individuals achieve ‘Healthier, Longer, Better Lives’.”

Additional Highlights from the “AIA Desired Retirement Tracker”:

  • Desired retirement still out of reach: Respondents aim to retire at an average age of 62.2, with a target retirement reserves of HK$ 3.294 million (median). However, 72% fall short, with an average shortfall of HK$ 2.564 million, potentially delaying retirement by 12.8 years, highlighting a gap between aspiration and reality.
  • MPF’s role underestimated: Respondents expect only 30% of their retirement reserves to come from MPF. In fact, as of end-2024, 125,000 MPF accounts in Hong Kong had accumulated HK$ 1 million or more1, representing a twofold increase over the past five years. This highlights the long-term potential of MPF for capital accumulation and growth, and underscores the importance of more active portfolio management.
  • Investment preferences: Respondents born in the 1960s prefer mixed assets funds, while Gen Z2 leans towards equity funds. These two fund types have delivered the highest average annualised net returns3 since the MPF system’s inception. Overall, 69% of respondents favour MPF equity funds, with 41% optimistic about the performance of Hong Kong equity MPF funds in the coming year, followed by 36% for North America and 35% for Chinese markets.

The 16th edition of the “AIA Desired Retirement Tracker” was conducted from 13 to 31 August 2025 through online questionnaires and face-to-face interviews with 1,003 working individuals in Hong Kong aged 18–65, each holding at least one MPF account. The survey data was weighted according to the distribution of Hong Kong’s working population — including factors such as age, gender, and monthly personal income — to ensure the sample fully reflected the characteristics of Hong Kong’s working population. The survey was conducted by Cimigo, an independent market research and consultancy agency.

Notes:
# MPF Smart Advisor and the Services are independently operated and provided by Magnum Research Limited (AQUMON). Magnum Research Limited holds licenses issued by Mandatory Provident Fund Schemes Authority and is authorised by the Securities and Futures Commission of Hong Kong (SFC) for regulated activities of Type 1 (dealing in securities), Type 4 (advising on securities), and Type 9 (asset management). The investment recommendations are solely provided by Magnum Research Limited. AIA Company (Trustee) Limited, AIA International Limited (“AIA”) and its affiliated intermediaries do not provide any investment advice.
^ As of August 2025, based on AIA’s internal research and available market information.
1.Source: MPFA Blog 強積金儲備穩步上升 – 積金局(Chinese version only) (as of 27 July 2025)
2. Respondents aged between 18 and 28
3. Source: The MPFA releases provisional data on MPF investment returns (as of 4 July 2025). Since the inception of the MPF System in 2000, the average annualised net returns for equity funds and mixed asset funds have reached 4.7% and 4.3% respectively, making them the highest-performing fund types.

Hashtag: #友邦香港 #AIA理想退休生活調查 #AIA積金智邦手 #AIA #HongKongFinance #AIATrust

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

About AIA Hong Kong & Macau

AIA Group Limited established its operations in Hong Kong in 1931. To date, AIA Hong Kong and AIA Macau have about 18,000 financial planners1, as well as an extensive network of independent financial advisors, brokerage and bancassurance partners. We serve over 3.6 million customers2, offering them a wide selection of professional services and products ranging from individual life, group life, accident, medical and health, pension, personal lines insurance to investment-linked assurance schemes with numerous investment options. We are also dedicated to providing superb product solutions to meet the financial needs of high-net-worth customers.

1 As at 30 June 2025
2 Including AIA Hong Kong and AIA Macau’s individual life, group insurance, and pension customers (as at 30 June 2025)

Ericsson and Export Development Canada advance Canada’s leadership in next-generation networks with $3 billion USD partnership agreement

Three-year partnership strengthens Canadian innovation in 5G, Cloud RAN, AI, and quantum technologies while supporting domestic supply chains and global growth

OTTAWA, ON, Oct. 15, 2025 /PRNewswire/ — Ericsson today announced the signing of a USD $3 billion partnership agreement with Export Development Canada (EDC) to expand investment in Canadian research and development, deepen domestic supply chains, and accelerate next-generation technologies including 5G, Cloud RAN, AI, and quantum innovation.

Börje Ekholm, President and CEO, Ericsson, says: “Canada is one of Ericsson’s most important hubs for global research and development, and this partnership with Export Development Canada will allow us to scale that leadership even further. By strengthening our collaboration with Canadian businesses, universities and government partners, we can accelerate breakthroughs in 5G, quantum, and Cloud RAN that will drive growth, create opportunities, and reinforce Canada’s position as a global leader in next generation networks.”

With more than 3,100 employees nationwide and R&D centres in Ottawa, Montreal, and Toronto, Ericsson Canada is at the heart of the company’s global innovation footprint. Canadian teams are driving advancements in 5G, 5G Advanced, and 6G, while also contributing to new research in quantum communications and AI-powered network management.

The three-year partnership will enable Ericsson to expand its Canadian-led innovation and global projects with the support of financial and insurance solutions from EDC. By reinforcing Ericsson’s Canadian supply chain and connecting the company with innovative domestic businesses, the agreement will also amplify Ericsson’s ability to bring Canadian technology to the world, strengthen competitiveness, and create new opportunities for Canadian companies within Ericsson’s global network of partners.

Alison Nankivell, President and CEO of Export Development Canada, says: “Export Development Canada is proud to partner with Ericsson, a company with deep roots in Canada and a global reputation for innovation. This agreement is about enabling Canadian expertise to reach new markets and scale on the world stage. Together we are helping Canadian companies integrate into global supply chains, advance cutting-edge technologies, and contribute to a stronger, more competitive economy.”

This partnership builds on Ericsson’s CAD 634.8 million R&D agreement with the Government of Canada announced in 2024, reinforcing Ericsson’s long-term commitment to Canadian innovation, talent development, and leadership in global communications technology.

Over 70 Years of Connecting Canadians

For over 70 years, Ericsson Canada has been a cornerstone of the nation’s innovation ecosystem, supporting communication service providers through each mobile technology generation. Ericsson is also a key partner in the national ecosystem network aimed at fostering 5G adoption and collaboration in Canada. With R&D centers and offices in Montreal, Ottawa, and Toronto, Ericsson Canada is among the leading R&D spenders in the country. The company’s commitment to global innovation in network sustainability is driven by its investments in R&D here in Canada and through partnerships with Environment and Climate Change Canada and leading academic institutions, focusing on how AI and other technology can help achieve climate action goals.

ABOUT ERICSSON:
Ericsson’s high-performing networks provide connectivity for billions of people every day. For nearly 150 years, we’ve been pioneers in creating technology for communication. We offer mobile communication and connectivity solutions for service providers and enterprises. Together with our customers and partners, we make the digital world of tomorrow a reality. www.ericsson.com

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MEDIA CONTACT:

Nathan Gibson
nathan.gibson@ericsson.com
+ 1 647-554-1423

 

Turnitin and ACUE Partner to Equip Educators with AI Insights and Skills

Launching a three-part training series on AI and academic integrity

OAKLAND, Calif., Oct. 15, 2025 /PRNewswire/ — Turnitin, a global leader in academic integrity and learning solutions, and the Association of College and University Educators (ACUE), a leading provider of research-driven faculty development, have teamed up in an exclusive partnership to support higher education faculty with navigating the complex evolution of AI in learning and assessments.

As the adoption of AI accelerates across higher education, institutions are under increasing pressure to maintain educational standards, while seizing new opportunities for student engagement and success. This partnership establishes Turnitin as ACUE’s sole content partner in academic integrity solutions, delivering a comprehensive approach for colleges and universities seeking to adopt AI responsibly.

“Educators require both confidence and clarity to navigate the surge of AI in academic life,” said Zemina Hasham, chief customer experience officer at Turnitin. “By joining forces with ACUE, this partnership delivers not just technology, but trusted guidance that enables institutions to uphold integrity and foster a culture of inspired learning.”

“Supporting faculty with actionable resources and a strong community is essential as higher education continues to evolve,” adds Andrew Hermalyn, chairman and CEO at ACUE. “Together ACUE and Turnitin are delivering impactful solutions to those shaping the future of learning.”

The program will offer faculty and administrators:

  • Expert-led guidance: Access to the latest insights and concrete strategies for evaluating and applying AI ethically and effectively in teaching.
  • Collaborative professional development: Turnitin’s solutions and global customer reach and ACUE’s learning experiences allow faculty to connect, share, and develop best practices for integrating AI in diverse disciplines while preserving academic honesty.
  • Student-focused outcomes: Joint resources help ensure that student learning and achievement remain at the center of educational innovation.

On this International Day of Academic Integrity, Turnitin reaffirms its commitment to fostering honesty, trust, and fairness in education. By partnering with ACUE, we are equipping educators and institutions with innovative tools and resources that promote original thinking, enhance learning, and uphold academic integrity across higher education. Together, we are creating a foundation of trust that preserves the global commitment to academic integrity.

Press Contact:
press@turnitin.com 

About Turnitin
Turnitin, twice recognized in 2025 by TIME for its industry leading solutions, is a global company dedicated to ensuring the integrity of education and meaningfully improving learning outcomes. Over 16,000 academic institutions, publishers, and corporations in 185 countries, use Turnitin solutions to uphold integrity and increase learning performance, and by students and professionals to do their best, original work.

About ACUE
The Association of College and University Educators (ACUE) is dedicated to student success through high-quality instruction. In partnership with higher education institutions, we offer the only nationally recognized Effective Teaching certification, endorsed by the American Council on Education (ACE), supported by a vibrant online community of practice focused on advancing teaching excellence. ACUE-certified faculty deliver exceptional teaching in every class, resulting in higher student engagement, improved achievement, and stronger retentionoutcomes that enhance institutional impact and support long-term student success.