NEW YORK, Oct. 11, 2025 /PRNewswire/ — LI-NING, a leading global sportswear and athletic lifestyle company, has signed Egor Dëmin to its roster of athletes under the Way of Wade basketball sub-brand, marking a new era for the company’s international division.

The partnership was announced by Mr. Li Ning, Founder of the LI-NING brand and the Group’s Executive Chairman, together with Dwyane Wade, a 13-year LI-NING Brand Ambassador, during the unveiling of the new Way of Wade 12 in Macau, China, on Saturday night. It was attended by 150 media and influencers.

“As we continue to expand our brand internationally, we aim to partner with athletes who embody the ‘Anything is Possible’ spirit upon which our brand was founded,” said Mr. Li Ning. “Egor Dëmin is a unique athlete whose values of sportsmanship, harmony, and perseverance to win mirror those values of our brand. These are the values we wish to deliver to the world, and athletes like Egor, who have gained so much experience at a young age, are extremely rare. We are proud to welcome him to our growing roster of champion athletes who appreciate the strong innovation, performance and style that define our products.”

“We are thrilled to have Egor Dëmin join Way of Wade as our newest athlete,” said Dwyane Wade. “His attitude towards family, basketball, charity, and fashion resonates deeply with me. What he’s shown both on and off the court this pre-season reflects someone who is fully committed to the game and the Brooklyn community. We are excited to see what he achieves this season and in the future with our latest innovation.”

Standing at 6 feet 8 inches, 19-year-old point guard Egor Dëmin grew up in Moscow, where he trained at the Moscow Basketball Academy before signing a six-year contract with Real Madrid in Spain at the age of 15. Following the 2023-2024 season, he continued his career in the United States at Brigham Young University, where he averaged 10.6 points on 41.2 per cent shooting from the floor, 3.9 rebounds, 5.5 assists and 1.2 steals in 27.5 minutes per game. His performance earned him a place on the Big-12 All-Freshman Team, leading to his selection as the 8th overall pick by Brooklyn in the 2025 NBA Draft.

“I’m very proud to join the LI-NING and the Way of Wade family,” remarked Egor Dëmin. “I’ve been very impressed with the brand’s product performance as I prepare for my first season in the NBA. As someone who is passionate about design and fashion, I’m equally excited about the upcoming lifestyle collections from both Way of Wade and LI-NING. When I think about Wade’s “Make Your Own Way” philosophy and remember that my first basketball jersey was Dwyane Wade’s, this partnership feels even more personal.”

Nikola Filipovic, Egor Dëmin’s Los Angeles-based agent, commented on the partnership, “We are honored to announce Egor Dëmin’s partnership with LI-NING, a brand that stands at the intersection of legacy, innovation, and global influence. This collaboration, spearheaded together with my partner Bill Sanders, whose deep expertise in the Chinese market was instrumental, and in great respect to Mr. Li Ning and Dwyane Wade, exemplifies how globalization and the business of sport can unite vision, culture, and opportunity at its absolute finest.”

About LI-NING

LI-NING is a leading sports brand company founded in 1990 by Mr. Li Ning, renowned as the “Prince of Gymnastics”. Inspired by the legendary athletic career of its founder Mr. Li Ning, the brand carries an inherent athlete DNA. Its iconic slogan “Anything is Possible” has consistently shaped its journey. With a mission “Let Sports Light Your Passion”, LI-NING is dedicated to serving professional athletes and sports participants. 

LI-NING has long focused on core categories including running, basketball, fitness, badminton, table tennis, and sports lifestyle, while expanding into outdoor, tennis, and pickleball. LI-NING brand consistently enhances product experience, sports experience and purchasing experience.

HONG KONG, Oct. 11, 2025 /PRNewswire/ — On October 9, the Office for Attracting Strategic Enterprises (OASES) of the Hong Kong Special Administrative Region (HKSAR) Government hosted a signing ceremony in Hong Kong for a new group of strategic enterprises. Witnessed by Paul Chan, Financial Secretary of the HKSAR, Lianlian DigiTech was named a strategic enterprise partner of the HKSAR Government. Xin Jie, CEO of Lianlian DigiTech, attended the ceremony on behalf of the company and signed an agreement with the HKSAR Government.

According to OASES, this round of agreements covers 18 strategic enterprises, including leaders in artificial intelligence and large language models, autonomous driving technologies, microelectronics and cross-border financial services, as well as globally influential new media platforms. As a fintech payment solutions company dedicated to delivering end-to-end payment solutions for customers worldwide, Lianlian DigiTech’s selection as a key enterprise partner of Hong Kong reflects the HKSAR Government’s recognition of the company’s contributions and impact in driving fintech innovation and modernizing cross-border payments infrastructure. The partnership will further expand Lianlian’s global payments network and operational capabilities, with Hong Kong serving as a hub for international expansion.

In his remarks, Mr. Chan, Financial Secretary of the HKSAR, stated that the new batch of strategic enterprises will not only bring investment and job opportunities, but also introduce innovative ideas and advanced technologies, further enriching Hong Kong’s fast-evolving innovation and technology ecosystem. “In Hong Kong, strategic enterprises will find the capital, talent, partners, ecosystems and networks that will help them succeed,” noted Mr. Chan.

“Hong Kong’s status as an international financial center and its open business environment make it a true gateway to global markets. By establishing a stronger presence in Hong Kong and drawing on its robust financial infrastructure and global connectivity, Lianlian is well-positioned to connect Asia with the rest of the world more effectively, supporting our broader global expansion strategy,” said Xin Jie, CEO of Lianlian DigiTech. “Going forward, Lianlian plans to build on Hong Kong’s strategic position by continuing to invest in the city, expanding our team and product portfolio to deepen our presence in overseas markets. We also plan to actively engage in Hong Kong to promote international collaboration in technological innovation, providing payment rails and application frameworks for compliant use cases involving emerging technologies such as blockchain. These efforts will lower the cost of global trade, improve the efficiency of international payments, and support Hong Kong in strengthening its position as a leading international financial, innovation, and trade center. Together with partners across the ecosystem, we are committed to driving the prosperous growth of digital finance and digital trade worldwide.”

Founded in 2009 and listed on the Main Board of the Hong Kong Stock Exchange in 2024, Lianlian DigiTech is a leading payment solutions provider in China. The company currently holds 66 payment licenses and approvals worldwide, serving over 7.9 million customers. Its services span more than 100 countries and regions, supporting transactions and settlements in over 130 currencies, demonstrating its comprehensive global payments capabilities for business clients across the world.

Hong Kong has long been a key hub in Lianlian DigiTech’s global business ecosystem. Lianlian first entered the Hong Kong market in 2016 and secured its Money Service Operator (MSO) license in 2017—one of the company’s earliest and most important regulatory approvals. With this foundation, Lianlian established a subsidiary in Hong Kong to deliver cross-border collection, card acquiring, and remittance services for both local businesses and Chinese multinational firms. In addition, through its innovative digital payment product, the LianLian Global Payout Service (LGPS), Lianlian enables cross-border payment service providers (PSPs), banks, and other licensed financial institutions to extend their payment reach into mainland China. In 2024, Lianlian DigiTech was listed on the Main Board of the Hong Kong Stock Exchange, increasing international visibility and investor confidence through Hong Kong’s capital markets. This milestone further solidified the company’s leadership in fintech and cross-border payments and enhanced its competitiveness in the global payments landscape.

“Simplifying global commerce through digitization!” Looking ahead, Lianlian DigiTech will take this partnership as an opportunity to deepen collaboration with the HKSAR Government and ecosystem partners, reinforce Hong Kong’s role as a global hub, and expand into broader international markets. The company also seeks to establish a multi-layered global operating network by deepening the integration of payment services with emerging business ecosystems. At the same time, building on Hong Kong’s strengths in technological innovation and financial openness, Lianlian DigiTech will continue to strengthen its digital technology foundation and compliance framework. The company is committed to advancing a more efficient, secure, inclusive, and interoperable global cross-border payments ecosystem, aiming to drive the sustainable growth of international trade.

APIA, Samoa, Oct. 11, 2025 /PRNewswire/ — Phemex, the most efficient crypto exchange, today announced the launch of its Market Confidence Campaign, a global initiative designed to support traders during the current market downturn. Crypto markets have experienced broad declines across major assets in the past week, driven by macroeconomic uncertainty, deleveraging pressures, and weakening risk appetite. In response, Phemex is introducing practical incentives and cost-saving measures to help users maintain disciplined strategies and long-term confidence amid volatility.

Running from October 11 to October 31, 2025, the campaign supports both new and existing users through incentives that promote disciplined participation rather than emotional reactions to market conditions. The initiative is part of Phemex’s broader commitment to providing confidence in every market through practical tools, transparent processes, and responsible trading support.

The campaign includes:

• Zero-Fee Trading Slots — 5,000 limited spots available, covering trading fees for eligible users during the campaign period.
• 20% Deposit Cashback — Up to 200 USDT in bonus rewards for new users making qualifying deposits, available to the first 1,000 participants.
• Referral Rewards — Users can earn up to 50 USDT per valid referee by sharing the campaign with friends, encouraging community engagement and broader access.

“Market downturns can be defining moments for disciplined traders,” said Federico Variola, CEO of Phemex. “This campaign embodies our belief that true confidence comes from preparation and access — not speculation. Alongside trading incentives, we remain focused on empowering users with knowledge and perspective, helping them navigate volatility with clarity and discipline. Phemex builds tools for resilience — not just when markets rise, but especially when they are tested.”

This campaign follows a series of recent product enhancements from Phemex like Multi-Assets Mode, all designed to give users greater capital control. As market sentiment recalibrates, Phemex continues to reinforce its mission of building a future where crypto trading remains accessible, efficient, and grounded in trust.

About Phemex
Founded in 2019, Phemex is the most efficient crypto exchange trusted by over 6 million traders worldwide. The platform offers spot and derivatives trading, copy trading, and wealth management products that combine seamless functionality with institutional-grade security. Known for its reliability and innovative edge, Phemex stands out for prioritizing user experience and transparency in an industry where trust is essential.

For more information, please visit: https://phemex.com/ 

HONG KONG, Oct. 11, 2025 /PRNewswire/ — Global Sources Hong Kong Shows Phase I officially opened today. The first of three phases runs from October 11 to 14 at AsiaWorld-Expo. Under the theme “Where Cutting-Edge Technology Meets Digital Entertainment”, the three major international trade shows for gaming, consumer electronics, and electronic components cover categories including audio-visual equipment, automotive electronics, computer peripherals, commercial electronics, outdoor electronics, gaming and esports, electronic components, and batteries and power. The first phase brings together over 2,000 qualified exhibitors from across Asia and approximately 150,000 products, showcasing the deep integration of innovative technology and leisure entertainment and serving as a bellwether for global electronics market trends over the next six months. The show is projected to attract more than 60,000 international professional B2B buyers, with over 40% from Europe and the United States.

Mr. Hu Wei, CEO of Global Sources, said: “We are living in an era where technology is profoundly reshaping our way of life. The Global Sources Hong Kong Show relies on the Global Sources Online (GSOL) database accumulated over the past 30 years and advanced AI technologies, and fully upgrades our Online-to-Offline (O2O) service model through cloud-based live-streamed expo experiences, the ‘Show Genie,’ and multi-channel online exposure. We are building a one-stop sourcing platform that brings together the global industry to explore the future of technology and enjoy leisure and entertainment. Here, innovation is no longer a cold technical indicator; it is a future living scenario that can be touched, experienced, and perceived.”

Building a Full-Stack Esports Ecosystem to Meet Multi-Tier Demand

Phase I spotlights gaming rigs and peripherals, further strengthening its influence in the gaming and esports sector and aiming to build a complete esports ecosystem. Products include esports peripherals and core components such as finely crafted gaming keyboards, high refresh rate monitors, low latency mice and headsets, and multifunction gaming chairs. Immersive applications and scenario-based solutions will also be showcased, including immersive audio-visual systems, professional esports room build-outs, IP-licensed gaming merchandise, and live-streaming gear, catering to sourcing needs ranging from professional grade equipment to mainstream players.

Multiple renowned brands and their powerhouse manufacturing partners will make a strong appearance, including MCHOSE, AULA, ATK, TITAN, Golden Field, Motospeed, Saitake, Oshid, darkFlash, and Togran, the parent company of DAREU. Exhibitors will unveil a range of new products, showcasing the latest innovations and injecting fresh momentum into the esports industry.

Summit Rallying Ecosystem Partners to Explore a New Esports Landscape

The Global Sources Summit will partner with Cyberport Hong Kong and the North America Scholastic Esports Federation (NASEF) to host two esports themed forums: “Unveiling Future Game Changers” and “Power Play – Transforming Gaming into Global Business.” Experts across the industry value chain and leaders from top enterprises will share forward-looking insights on product trends, technological innovation, esports ecosystem development, talent collaboration, and international market dynamics. Gerald Solomon, CEO of NASEF, noted, “Esports is evolving from standalone entertainment into an ecosystem that integrates technology, marketing, talent, and business development. The summit not only convenes global intelligence to explore opportunities but also helps foster collaboration across the industry chain and build cross-disciplinary bridges.”

Top KOLs Reveal the Annual Sourcing Guide for Gaming Peripherals
As a bellwether for industry sourcing, the second edition of the “KOLs & Buyers’ Favorite Gaming Gear Awards” returns with upgrades, inviting an international panel of top KOLs as judges. Focusing on six hot categories, including gaming mice, keyboards, chairs, monitors, controllers, and headsets, the awards feature live testing and demos across five dimensions: design, functionality, user experience, material quality, and innovative technology. This process ensures results that are both professionally recognized and reflective of real market preferences, providing buyers worldwide with a valuable annual sourcing guide.

Smart Mobility Focuses on Differentiation and Sustainability
With improving regulations and a maturing market, the Smart Mobility sector is shifting from single-product competition toward a development path centered on differentiation and sustainability. The Smart Mobility Zone brings together popular categories such as personal transporter, self-balancing personal transporter, and light electric motorcycles, becoming a key stage for technological innovation and real-world applications. Leading players including Yadea, G-CYCLE, NAVEE, MAXWHEEL, F-WHEE, DYU, HIBOY, CHIC, and JINLIN will debut cutting-edge technologies and new products. The product applications focus on two key directions: electric bikes and scooters designed for children, incorporating playful design and educational elements while adhering to strict safety standards, and electric scooters and e-bikes for urban professionals, emphasizing portability, range, and efficiency. This user-centric strategy is opening new growth avenues for the industry and continuously injecting innovative momentum into the market.

Global Sources Innovation Awards Spotlight the Year’s Consumer Electronics Highlights

The Global Sources Innovation Awards ceremony kicks off during the show. The judging panel comprises experts from industry associations, technology media, standards authorities, seasoned buyers, and Global Sources’ professional jury. Phase I focuses on the consumer electronics sector. Global Sources continues its collaboration with the European Product Design Award (EPDA)™ to present the “Best Product Design Award,” honoring products and brands that redefine industry standards through breakthrough design and forward-thinking vision. Multiple product launch events will run concurrently, with major debuts making their global or Asia premieres, clearly mapping an innovation trajectory where technology and user needs converge and signaling future market directions.

John Kao, Vice President of Hong Kong Shows & Overseas Shows at Global Sources, said: “We strive to break down the boundaries of single industries and create a truly diverse and inclusive innovation festival. The Innovation Awards and new product launches not only showcase and recognize technological achievements but also open fast tracks for established companies to access global markets, helping all parts of the value chain seize new opportunities amid transformation and jointly build a new global landscape for the consumer electronics industry.”

About Global Sources

Global Sources is an internationally recognized multichannel Online-to-Offline (O2O) sourcing platform that has been driving global trade for over 50 years. The company connects authentic buyers and verified suppliers worldwide with tailored solutions and trusted market intelligence through its online platform GlobalSources.com, mobile apps, industry-specific trade shows, and tailored business matching. Global Sources’ unique services have successfully provided efficient and convenient commercial services to over 14 million registered international buyers and users.