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Tiger Brokers (Singapore) launches TradingFront, a platform bringing financial advisory services to Tiger Brokers’ customers

  • TradingFront provides a one-stop platform to help financial advisors better manage customer investments
  • The new platform is another disruptor in the making which leverages Tiger Brokers’ strength in innovation to provide financial advisors with an efficient trade management tool and access to Tiger Brokers’ customer base
  • TradingFront capitalises on the changing needs of customers and builds on Tiger Brokers’ much loved Tiger Trade App

SINGAPORE – Media OutReach – 1 September 2022 – Online trading platform Tiger Brokers (Singapore) today announced the launch of TradingFront by Tiger Brokers (“TradingFront”), a new extension to its wealth management platform. Operating through three core prongs – efficiency, transparency and ease of use – TradingFront aims to transform the financial advisory sector by leveraging Tiger Brokers’ next generation technology platform.

TradingFront is well-poised to disrupt the financial advisory market as it provides advisors with a tool to efficiently manage their client investments while also providing their customers with access to Tiger Brokers’ coveted Tiger Trade App. Customers can easily approve the trades initiated by their financial advisor through the Tiger Trade App, with a one-click solution. The advisory services of onboarded partners will also be extended to Tiger Brokers’ existing users. All customers, including those of the advisory partners, will retain the flexibility to initiate their own trades without the input of their chosen advisors, through the Tiger Trade App.

The launch of the platform will initially see the onboarding of financial advisors from five partner firms. This will be extended to others on a selective basis over the coming months.

This move is in line with Tiger Brokers’ strategy to disrupt the financial services industry in the B2B segment, having successfully evolved the B2C segment with its next generation technology platform and Tiger Trade App, which is much loved by its 2.1m registered users in Singapore. Having won numerous awards for its strength in innovation, such as the “Financial Services award for Wise’s integration” by the Singapore Business Review Technology Excellence Awards and the “Singapore Business Review Technology Excellence Awards” for the Mobile – Brokerage segment, Tiger Brokers continues to leverage its leadership in technology, to enhance its offering and transform the financial services sector.

Grace Yong, Business Development Director of Tiger Brokers, commented, “TradingFront is another initiative that Tiger Brokers has developed to disrupt the status quo of the current financial advisors market. Given the growing number of Singaporeans seeking financial advice, it is a natural progression for us to leverage our next-generation technology to help our customers streamline the trading process, and work towards having a platform that benefits both customers and financial intermediaries alike. We are also grateful for the partner firms that have placed their trust in us, and we are excited to work together to provide our customers with a seamless and convenient trading experience not found in any other platform.”

Victor Wong, Director of Wealth Management at Financial Alliance said, “We are impressed by Tiger Brokers’ success in disrupting the brokerage industry since its entry into the Singapore market just two years ago. As a firm, we have a shared passion for challenging the status quo and have an ambition to propel our industry forward by harnessing cutting-edge technologies and delivering a progressive, forward-thinking strategy. We look forward to partnering with Tiger Brokers in bringing more innovative propositions to our customers.”

TradingFront is designed with efficiency and accountability in mind and allows financial advisors to manage their customers’ investments easily, including the creation and management of transactions, through cutting-edge technology.

In addition, investors can view their holdings and approve trades for their managed sub-account on the Tiger Trade App, while taking advantage of traditional Tiger Trade functions to track the market and discuss investment opportunities with like-minded users. Demand for financial market advice has never been more apparent, with a growing number of investors seeking additional insights in decision making amid turbulent markets. By building on the advice of their preferred financial advisor, investors can better optimise their investment decision making.

Tiger Brokers warmly welcomes esteemed financial advisory firms, Financial Alliance, Infinitum Financial Advisory and Manulife Financial Advisers on board, joining existing partners PFPFA and SingCapital. Tiger Brokers envisages onboarding three more financial advisory firms by the end of 2022, and with that, more than 2,000 advisors will have access to TradingFront.

Ronald Tan, CEO of Infinitum Financial Advisory Pte Ltd, shared, “Our collaboration with Tiger Brokers (Singapore) allows us to extend our advisory services to a growing platform of investors, while extending our offering to existing customers. Managing money for the long term is key to our proposition, and we are looking forward to helping Tiger Brokers’ users make better informed investment decisions for the future. We are excited by the opportunity to leverage Tiger Brokers’ leadership in innovation, to enhance our services while at the same time shaping the financial advisory segment for the future.”

Tan Hong Tau, Chief Executive Officer of Manulife Financial Advisers, added, “As a partner of Tiger Brokers, Manulife Financial Advisers will be able to expand our service offering to include Tiger Brokers services, giving our customers access to one of the most popular trading platforms in the market. This partnership is a win-win for both MFA and Tiger Brokers customers, as they can access both advisory services from MFA, and leverage Tiger Brokers’ technology platform. We are very pleased to enter into this partnership with Tiger Brokers.”

The Tiger Trade mobile application is available for download on the Apple App Store and Google Play Store.

Hashtag: #TigerBrokers

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

About Tiger Brokers (Singapore)

Tiger Brokers (Singapore) Pte Ltd (“Tiger Brokers (Singapore)”) is a brokerage firm operating with a Capital Markets Services (CMS) Licence from the Monetary Authority of Singapore (MAS). Its trading platform, Tiger Trade, offers complimentary real-time stock quotes, dedicated multilingual customer service during trading hours and 24/7 finance news updates. The company launched the mobile version of Tiger Trade in February 2020 – accessible on Google Play Store and the Apple App Store – offering mobile-savvy generation of retail investors similar trading opportunities as their online users, such as Equities, Exchange-Traded Funds (ETFs), Futures, Stock Options, Warrants, and Callable Bull/Bear Contracts (CBBCs) on their mobile phones. Both online and mobile app allow users to invest across multiple asset classes traded on the Australian, US, Hong Kong, China and Singapore stock markets such as the New York Stock Exchange (NYSE), NASDAQ, Shanghai/Shenzhen-Hong Kong Stock Connect, the Hong Kong Stock Exchange (HKEX), the Singapore Exchange (SGX) and the Australian Securities Exchange (ASX).

Tiger Brokers (Singapore) is the Singapore entity of UP Fintech Holding Limited, known as “Tiger Brokers” in Asia, a leading online brokerage firm focusing on global investors. Founded in 2014, Tiger Brokers (Singapore) became #1 in the U.S. equity trading by volume among trading platforms catered to Global Chinese investors in less than two years. Tiger Brokers (Singapore) was awarded “2017 Fintech 250” by CB Insights and shortlisted for “China Leading Fintech 50” for two years in a row by KPMG China. The company was listed on NASDAQ under “TIGR” in 2019 and has offices in China, United States, Australia, New Zealand and Singapore. Tiger Brokers (Singapore) has over 1.8 million customers worldwide, with an annual trading volume of more than US$404.3billion as of December 2021. The company is backed by well-known investors such as Xiaomi, as well as investment guru Jim Rogers. For more information, please visit .

This advertisement has not been reviewed by the Monetary Authority of Singapore.
Any views shared with Prospective Clients (“Prospects”) are suggestive in nature and on a sample basis only. This may also be predicated on assumptions that are made by Tiger Brokers (Singapore) Pte Ltd about the Prospects’ investment objectives and risk profile. Our suggestive and sample views extended to Prospects are not to be considered as recommendations made by the Company. Suggestions provided are also based on information that may be shared by the Prospects, the accuracy and comprehensiveness of which Tiger Brokers in not in a position to verify.

Dettol’s ‘Keep on to Protect Our Future’ Campaign Crowned ‘Outstanding Personal Hygiene Marketing Solution’ in Health Partnership Awards 2022

HONG KONG SAR – Media OutReach – 1 September 2022 – Reckitt’s brand Dettol is proud to be honoured ‘Outstanding Personal Hygiene Marketing Solution’ for its success brought by the ‘Keep on to Protect Our Future’ post-pandemic hygiene protection habit sustaining campaign, in the ‘Health Partnership Awards 2022’ organised by ET Net, a prominent local media in Hong Kong. The award recognised Dettol’s efforts in encouraging consumers to embrace better life in the future by maintaining good hygiene habits under the new normal.

Hong Kong people have been frustrated from fighting against COVID-19 outbreak in the past two years and looking forward to resuming their life. Dettol believes good hygiene habit is the foundation of health. The brand launched ‘Keep on to Protect Our Future’ campaign (the Campaign) in May 2022 to encourage local families to continue protecting their loved ones from illness-causing germs with Dettol products.

The Campaign promoted the positive message of being well-protected and hence living happier lives. An emotional music video featured the message from Karena Lam, Dettol’s long-standing brand ambassador, to the kids over a letter about how much a mom is keen on creating and protecting their children’s future. Coupled with the daily happy moments of Hong Kong families during the pandemic and a kid-covered background song – ‘The beauty of the world’ by Eddy Chow, one of the most popular songs in Hong Kong in 2021, the video had aroused extensive resonance with audiences. Dettol further drove consumer engagement through multiple touch points, including massive outdoor displays and online-to-offline social media activation.

The Campaign has been proven to have strengthened brand credibility and positively influenced local consumers. Since its launch, the campaign video has driven over 30 million social impressions and accumulated over 3 million views across different social media platforms. An internal consumer test study among those who watched the video showed 95% of the respondents agreed that ‘Good hygiene habits can protect us and the next generation’ and 93% agreed ‘Dettol can protect our loved ones’. Meanwhile, nearly 80% would ‘keep good hygiene habits even post-COVID’ and over 70% of them would like to ‘trust and keep using Dettol products.’

With a strong commitment to building a caring and resilient society, Dettol has also been extending its impact on hygiene protection to the local community through different programmes with outstanding results. Through Dettol Health Academy, over 1 million local students have been educated on handwashing steps to help them establish good hygiene habits since 2011. In addition, under Reckitt’s Hong Kong Community Care Programme 2022, Dettol has supported close to 13,000 beneficiaries with product donation within the first 3 months of launch.

“It is our honour to receive the Health Partnership Awards for the third consecutive years.” said Boudewijn Feith, Reckitt General Manager Hong Kong/Taiwan. “The award recognises Dettol’s excellent marketing campaign that inspired local families to embrace better lives by keep on protecting their loved ones. Looking ahead, we will continue to protect local community in every moment by realising our purpose to protect, heal and nurture in the relentless pursuit of a cleaner, healthier world with excellent products, services and diverse marketing strategies.”

Hashtag: #Reckitt #Dettol

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

About Reckitt:

Reckitt* exists to protect, heal and nurture in the relentless pursuit of a cleaner, healthier world. We believe that access to the highest-quality hygiene, wellness and nourishment is a right, not a privilege.

Reckitt is the company behind some of the World’s most recognisable and trusted consumer brands in Hygiene, Health and Nutrition, including Air Wick, Calgon, Cillit Bang, Clearasil, Dettol, Durex, Enfamil, Finish, Gaviscon, Harpic, Lysol, Mortein, Mucinex, Nurofen, Nutramigen, Strepsils, Vanish, Veet, Woolite and more.

Every day, more than 20 million Reckitt products are bought globally. We always put consumers and people first, seek out new opportunities, strive for excellence in all that we do and build shared success with all our partners. We aim to do the right thing, always.

We are a diverse global team of close to 40,000 colleagues. We draw on our collective energy to meet our ambitions of purpose-led brands, a healthier planet and a fairer society.

Find out more, or get in touch with us, at

* Reckitt is the trading name of the Reckitt Benckiser group of companies

About Dettol:

The brand first started in hospitals 80 years ago, where Dettol Antiseptic Liquid was first used for the cleaning and disinfection of skin during surgical procedures. As a trusted brand by doctors, Dettol was also used to protect mothers from illness after childbirth.

Ever since then, Dettol has been trusted around the world to help prevent wounds from infection, prevent sickness and help mums protect their families by killing harmful germs and helping to create safe environments for them to thrive in.

The brand continues to be one of the most trusted protectors of health. It’s still valued today as a reliable and effective product which is safe to use on skin but also powerful enough to use for environmental germ-killing tasks.

For more information, please visit:

About Health Partnership Awards:

Hosted by ETNet, a member of HKET Holdings which is a prominent local media in Hong Kong, the Health Partnership Awards recognise companies for their outstanding achievements in contributing to promoting public health and bringing excellent products and services. The award is selected by leaders from different professions and fields by assessing the companies in diversified facets including reputation, innovation, quality, benefits, and corporate social responsibility. Leaders from the health and finance industries were invited to compete in a total of 9 categories under the theme of ‘Cherish your Health, Smile to the Wealth’ this year.

For more information, please visit:

Ingdan Announces 2022 Interim Results Net Profit Increased by 22.9% to RMB211.9 Million

Highlights of the Interim Results for the Six Months Ended June 30, 2022:

  • The expanding scope of 5G-enabled chip applications has generated strong demand for chips, especially for the industrial chip market, which kept the Group’s chip business growing. During the Period, total revenue reached RMB4,702.4 million, representing a year-on-year increase of 19.7%.
  • In the first half of 2022, net profit increased by 22.9% year-on-year to RMB211.9 million, and profit attributable to equity shareholders of the Company was approximately RMB131.7 million, a year-on-year increase of 19.2%.
  • The Shenzhen Stock Exchange confirmed Comtech’s application for A Share Listing on the ChiNext Board, which will enable the Group to further expand the domestic capital and chip market.
  • During the Period, more than 10 Chinese and foreign banks granted credit facilities to Comtech, including Bank of China Limited, Shenzhen Branch, which help accelerate the development of the Group’s chip business.
  • The Group entered into a strategic technology partnership with Chinasoft International to launch an “OpenHarmony +” solutions platform, which introduces OpenHarmony into the ten billion-dollar intelligent hardware market.

HONG KONG SAR – Media OutReach – 31 August 2022 -Ingdan, Inc. (“Ingdan,Inc.” or the “Company”, stock code: 400.HK; with its subsidiaries (the ”Group”)), formerly known as “Cogobuy Group”, a technology service company focusing on serving global chip industry and artificial intelligence (“AI”) and internet of things (“IoT”, together “AIoT”) ecosystem, with its core businesses “Comtech” and “Ingdan”, is pleased to announce its unaudited interim results for the six months ended June 30, 2022 (“the first half of 2022” or the “Period”).

Financial Highlights of the First Half of 2022

Extensive application of 5G technology has enabled the digital transformation of many industries, which has further increased the demand for chips. Driven by the rapid development of “new economy” industries such as EV, New Energy, and Digital Infrastructure, demand for industrial chips was particularly strong and offset the pressure from declining demand for consumer electronics chips. Industrial chip demand continued to accelerate the growth of chip business, and drove the overall performance of the Group. The Group serves the “Chips-Devices-Cloud” ecosystem along the AIoT industrial chain, covering the smart fields of various industries, and brings in sustainable business revenue. As of June 30, 2022, the Group’s net profit was approximately RMB211.9 million, a YoY increase of 22.9%; revenue was approximately RMB4,702.4 million, a YoY increase of 19.7%, of which the revenue of Comtech was RMB4,092.8 million, a YoY increase of 25.7%; gross profit was approximately RMB424.4 million, a YoY increase of 23.2 %. During the Period, the Group’s profit attributable to equity shareholders of the Company was RMB131.7 million, a significant YoY increase of 19.2%. The Company’s cash and bank balances (including short-term bank deposits and pledged deposits) was RMB988.6 million. The Group’s bank loans were RMB811.0 million. The basic common shares outstanding were 1,401,077,732, and the weighted average number of ordinary shares for the purpose of diluted earnings per share were 1,397,130,000.

Comtech’s Chip Business Maintains Growth Momentum

The chip market continues to expand rapidly. IC Insights, Inc. expects total global chip sales to increase by 11% in 2022 to a record US$567.1 billion, with growth in chip demand remaining strong.[1] During the Period, despite lower-than-expected demand for consumer electronics chips, the rapid expansion of New Energy, V2X, and Battery Management System (BMS) markets strengthened the demand for industrial chips in the first half of the year, driving growth in Comtech’s chips business. Comtech, a technology services platform for the chip industry, focuses on the application design and distribution of IC chips, while maintaining connections with over 50% of global high-end chip suppliers and many leading domestic chip companies, allowing it to serve over a hundred global high-end chip suppliers upstream, and tens of thousands of electronics manufacturing enterprises downstream. With the popularization of 5G and the support of national policies, the demand for chips will continue to rise, helping the chip business maintain its steady growth trend.

Confirmed A Share Listing Application for Comtech

The Company obtained approval from The Hong Kong Stock Exchange Limited for the spin-off and separate listing of Comtech on A shares in Mainland China in 2021. During the Period, the Company officially changed its name from “Cogobuy Group” to “Ingdan, Inc.”, so as to give investors a clearer understanding of the main businesses of “Comtech” and “Ingdan, Inc.”. Moreover, Comtech also received confirmation from the Shenzhen Stock Exchange on June 30, 2022, regarding its application for A Share Listing on the ChiNext Board. The completion of the proposed A Share Listing will further expand the Group’s development in the domestic capital and chip market, enhance the strength of its chip business, and promote the Group’s long-term and strong performance. The Company will remain the ultimate controlling shareholder of Comtech, and its financial results will still be consolidated into the Company.

Comtech Receives Credit Facilities Support from Several Banks

Financial institutions continued to favor the Group. During the Period, Comtech was granted a RMB300 million credit facility by Bank of China Limited, Shenzhen Branch, and obtained financial support from more than 10 Chinese and foreign banks to promote the development of the Group’s chip business. The new loans demonstrate the financial institutions’ confidence in the Group’s development potential in the domestic trillion-dollar chip market. Comtech will efficiently apply the relevant capital to the enhancement of its chip business, take advantage of the dividends from the national policy, and capture market opportunities, to help the Group achieve high growth returns.

Ingdan Realizes Coordinated Development of iPaaS

Ingdan focuses primarily on the R&D and sales of its own branded AIoT intelligent hardware products, as well as the data services of its AIoT intelligent hardware products under “Ingdan Cloud”. Ingdan customizes the complete application solutions and products of AIoT intelligent hardware for customers, and offers a series of products such as the Harmony Intelligent Battery, and Intelligent Panel and Intelligent Communications modules. Meanwhile, Ingdan Cloud collects, manages, and analyses data on AIoT products, forming a circular model of “AIoT Products — Data — Analyse” to further support its AIoT data empowerment business.

5G and AI technologies helped accelerate the intelligent transformation of many industries. The continuous widening of application scenarios, has made AIoT one of the top fields in global technology development. At the same time, AIoT has come to rely on different technology integrations of iPaaS (Integration Platform as a Service) to achieve intelligent transformation. iPaaS platform services make the design and application of AIoT intelligent hardware products more automated, and cross-application data sharing more convenient. According to Verified Market Research Report, the iPaaS market is expected to reach upwards of US$23.7 billion in 2028, representing a CAGR of 37.2% from 2021 to 2028.[2] To expand the iPaaS market further, Ingdan launched its own iPaaS platform to provide iPaaS services such as technology integration solutions and marketing solutions to core technology suppliers along the AIoT Chips-Devices-Cloud industry chain, deepening its engagement with its five main AIoT verticals: V2X, Smart Home, Robotics, Smart Manufacturing, and Smart Medical.

In addition to designing and selling AIoT intelligent hardware products, Ingdan’s iPaaS platform collects, manages, and analyses data on various intelligent hardware through Ingdan Cloud. In the era of “Big data”, global data forecasts are gradually increasing, and it is expected that global data volume will reach 175ZB in 2025, the same as the total data available for the ten years from 2010 to 2020.[3] Ingdan will continue to grow its AIoT Chips-Devices-Cloud ecosystem and develop Ingdan Cloud’s AIoT intelligent hardware product data service, building an AIoT data cloud company that will achieve long-term growth in the Group’s business.

Jointly Promoting OpenHarmony with Chinasoft International

The OpenHarmony open-source technology platform has become the industry ecology and standard with 63 million global downloads.[4] It is now one of the essential operating systems for global smart terminals, and helps promote the independent and controllable information security and core technology industries in China. To further embed OpenHarmony into a wide range of AIoT products with ten billion-dollar market opportunities, during the Period the Group entered a strategic technology partnership with Chinasoft International to jointly launch the “OpenHarmony +” solutions platform. The platform will empower industries such as Smart Finance, Smart Cities, Industrial Manufacturing, New Energy, and V2X to further standardize intelligent hardware and technology applications across various industries. Both parties planned to complete the joint development of the OpenHarmony collaborative innovation platform by 2022, to provide comprehensive technical service in Suzhou, Yancheng, Tianjin, and other locations. With the resource advantages of both parties, they will jointly promote the application of OpenHarmony in relevant ecosystems and industries. Ingdan will be active in introducing OpenHarmony open-source technology to its iPaaS services, to integrate various intelligent hardware products to achieve standardized upgrades.

Outlook

Mr. Jeffrey Kang, CEO of Ingdan, Inc., said, “Against the backdrop of an escalation in the Sino-US trade war, the recent US bill has mainly targeted containment of chip design and production in China, but it has no direct impact on the chip application and distribution business of Comtech. Driven by rapid digital transformation and the development of 5G, the demand for chips will only continue to rise. Combined with new national policies to support the development of the chip industry, the Group’s core business will maintain strong growth. We expect Comtech’s chip business will continue to grow in coming years, and become the growth driver of the Group.

Looking ahead, China tech is entering a stage of high-quality development driven by 5G and AI technologies. The Group will strive to create a ‘Chips-Devices-Cloud’ ecosystem along the AIoT value chain, and also actively promote its iPaaS platform, further enabling IngDan Cloud to become a data company. The data company will capture a significant portion of the multi-billion dollar AIoT intelligent hardware market, and create a strong foundation for the long-term development of the Group. With the rapid development of the new economy and the intelligent transformation of industries, Ingdan’s potential will continue to be realized, which will promote the sustainable development of the Group and create long-term returns for shareholders.”

Caution Statement

The information contained in this document has not been independently verified. No representation, warranty or undertaking, express or implied, is made by the Company or any of its affiliates, advisers or representatives as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of such information or opinions presented or contained herein. The information contained in this document should be considered in the context of the circumstances prevailing at the time, is subject to change without notice and the Company makes no undertaking to update the information in this document to reflect any developments that occur after the date of the presentation. It is not the Company’s intention to provide, and you may not rely on these materials as providing, a complete or comprehensive analysis of the Company, or its financial or trading position or prospects. Neither of the Company nor any of its affiliates, advisers or representatives accept any responsibility or have any liability whatsoever (in negligence or otherwise) for any loss howsoever arising from any use of this document or its contents or otherwise arising in connection with this document.

This document may contain statements that reflect the Company’s current intent, beliefs, and expectations about the future as of the respective dates indicated herein. These forward-looking statements not guarantees of future performance and are based on a number of assumptions about the Company’s operations and factors beyond the Company’s control and are subject to significant risks and uncertainties, and accordingly, actual results may differ materially from those described in these forward-looking statements. Neither the Company nor any of its affiliates, advisers or representatives has any obligation, nor do they undertake, to update these forward-looking statements for any events or developments including the occurrence of unanticipated events that occur subsequent to such dates.


[2] iPaaS to reach USD 23.7bn by 2028
http://www.qianjia.com/html/2022-05/05_390056.html
[3] An analysis of Big Data applications in various areas
https://www.vpon.com/zh-hant/what-is-big-data/
[4] OpenHarmony Technology Day Held in Shenzhen, the first external analysis of OpenHarmony 3.1 Release
https://www.163.com/news/article/H5QF6A3000019UD6.html

Hashtag: #Ingdan

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

About Ingdan,Inc.

Ingdan,Inc. (stock code: 400.HK), formerly known as “Cogobuy Group”, a technology services company serving the global chip industry and artificial intelligence and Internet of Things (“AIoT”) ecosystem, is headquartered in Shenzhen, with offices and branches across major cities in China, including Hong Kong, Shanghai, Beijing, Wuhan, Chengdu, Nanjing, Hangzhou, and Xi’an, as well as overseas branches in Singapore, Israel, and Japan. The Group’s business is divided into “Comtech”, a technology services platform for the chip industry, and “Ingdan”, a platform providing AIoT technology and services. The Group serves the “Chips-Devices-Cloud” ecosystem along the AIoT industrial chain, and provides customers with technical integration solutions, marketing solutions, and distribution services. For further information, please refer to the Company’s website at

Cinese International Announces 2022 Interim Result

Recovery in tourism drives improvement

HONG KONG SAR – Media OutReach – 31 August 2022 – Travel business process management services provider and travel products services provider Cinese International Group Holdings Limited (“Cinese International”, collectively with its subsidiaries, the “Group”; stock code: 1620) has announced its interim results for the six months ended 30 June 2022.

The Group recorded total revenue of approximately HK$26.6 million for the six months ended 30 June 2022, representing an increase of approximately 100.0% when compared with the corresponding period last year. The increase was mainly due to the increase in revenue generated from the travel business process management segment, and to a lesser extent the air ticket distribution segment. Gross profit for the period amounted to approximately HK$12.6 million, up by approximately 186.4% when compared with the corresponding period last year. The loss for the period of the Group decreased by approximately 59.5%, from the loss of approximately HK$33.1 million for the six months ended 30 June 2021 to the loss of approximately HK$13.4 million for the six months ended 30 June 2022. Such decrease in loss for the period was mainly due to an increase in the Group’s gross profit and a decrease in expected credit losses allowance on financial assets, partially offset by a decrease in other income.

The Group’s performance in the first half of 2022 continued to be impacted by the ongoing coronavirus disease 2019 (“COVID-19”) pandemic. However, the travel industries experienced a gradual recovery following higher vaccination rates and relaxation of travel restrictions worldwide, and the Group recorded an increase in transaction volume and revenue for its air ticket distribution services and travel business process management services for the six months ended 30 June 2022, as compared to the corresponding period in 2021. The Group also leveraged its knowledge and experience as travel services provider to explore new business opportunities. It reached a non-legally binding memorandum of understanding (the “MOU”) with a travel services provider in the Guangdong-Hong Kong-Macao Greater Bay Area (“Greater Bay Area”) in relation to potential travel business cooperation.

Ms. Mariana Kou, Chairperson and Executive Director of Cinese International, said, “In the first half of 2022, the Group’s performance was constantly impacted by the ongoing COVID-19 pandemic. However, we witnessed a gradual recovery of the travel industries on the back of rising rates of vaccination and the loosening of travel restrictions in different parts of the world. The Group is continuing to explore new business opportunities in its different segments, and we consider there is good prospect for an upturn in revenue.”

Different segments show improvement

The air ticket distribution segment experienced a gradual recovery for the six months ended 30 June 2022 despite the continued impact of the COVID-19 pandemic. Segment revenue increased by approximately 80.0% period-on-period to approximately HK$5.4 million for the six months ended 30 June 2022. The increase was mainly attributable to an increase transaction volume of air tickets sales and gross sales proceeds generated from air tickets sales, primarily due to a gradual recovery of the travel industries driven by an increasing rate of vaccination and the easing of travel restrictions worldwide.

The travel business process management segment includes air ticket transaction processing, customer contact, BSP/ARC settlement and reconciliation, software development and travel licensing, compliance and other administrative matters. Segment revenue increased by approximately 82.5% period-on-period to approximately HK$18.8 million for the six months ended 30 June 2022. The increase was primarily attributable to the rise in transaction volume resulting from the gradual recovery of the travel industries from the COVID-19 pandemic, with higher global vaccination rate.

By leveraging the knowledge and experience gained from the travel business process management segment, the Group developed its other business process management segment and provided a range of business process management services. Segment revenue amounted to approximately HK$2.3 million for the six months ended 30 June 2022.

Prospects

Looking ahead, it is expected that the COVID-19 pandemic would continue to impact the airline, travel and tourism industries worldwide until travel restrictions are further relaxed. As the spread and containment of the COVID-19 pandemic remains uncertain and fluid, the Group will closely monitor the global environment and maintain a pragmatic approach towards managing its businesses.

Ms. Mariana Kou, Chairperson and Executive Director of Cinese International, concluded, “According to the latest UNWTO World Tourism Barometer, international tourism saw a strong upturn in the first five months of 2022, rebounding to almost half of pre-pandemic 2019 level. We believe that demand from travelers, whether for business or leisure, is building, hence the travel industries will improve as a whole. In addition to more countries relaxing or even canceling quarantine restrictions, airlines of different countries are increasing their number of destinations and passenger capacities are also on the rise. We hope that in an improving macro environment, tourists could resume traveling activities.”

“The Group will leverage its knowledge and experience to further explore business diversification opportunities so as to expand income sources and enhance its future earning capabilities and potential, which in turn will help generate business synergies and create value for shareholders of the Company.”

Hashtag: #CineseInternational

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

About Cinese International Group Holdings Limited

Cinese International is a long-established air ticket consolidator, travel business process management provider and travel products and services provider in Canada, founded in 1976 and with more than 40 years of operating history. The principal businesses of the Group include (i) air ticket distribution in which it distributes air tickets to travel agents and travelers and issue air tickets directly on behalf of contracted airlines; (ii) travel business process management in which it provides mid-office and back-office support services to travel agents; (iii) other business process management in which it provides certain translation and agent services for its customers; and (iv) travel products and services in which it designs, develops and sells package tours, as well as other travel products and services to travel agents and travelers.

BingX Establishes A $10 Million Charity Arm, Reaching Out to Networks of Beneficiaries

SINGAPORE – Media OutReach – 31 August 2022 – BingX, the leading social trading exchange, announces the charitable arm with a fund of $10 Million for humanitarian endeavors.

The purpose of this fund is to be allocated to donations of charitable organisations, public welfare activities, and disaster relief in various regions of the world, etc.

There is no other technology with a steeper growth over the past years—or more potential to solve any conceivable problem—than that of cryptocurrency. We hope that our efforts in directly supporting humanitarian ventures can improve the efficiency of how we transfer value and how we can make financial systems more inclusive.” Elvisco Carrington, PR & Communications Director, BingX

BingX has been actively exploring charitable pursuits since 2019. We are proud to have supported efforts in the reforestation in Turkey, blood donation and environmental protection in Asia, donation drives in Vietnam, as well as disaster relief efforts for Palawan, and Leyte.

BingX spans across diverse markets and with a global community of users, we will continue to develop and build open, inclusive networks all over the world.

Hashtag: #BingX

About BingX

Founded in 2018, BingX is a crypto social trading exchange that offers spot, derivatives, and to more than 100 countries worldwide with over 3 million users. BingX connects users with expert traders and the platform in a safe, simple, and transparent way. With the growth of Crypto investors, BingX also released , and for low risk investors.

Visit BingX Guide at:

Ministry of Labor and Social Welfare Warns of Illegal Work Schemes in South Korea

Lao workers in the agricultural sector in South Korea (Photo: Ministry of Labor and Social Welfare).

The Ministry of Labor and Social Welfare has warned Laotian workers of human trafficking and illegal employment schemes based in South Korea.

Starstreet Precinct and emmaAparty Present “Star.Moon.Bunny” for Mid-Autumn Festival

Meet the Exclusive New “Star Rabbit” and the Beloved “Bah-pau” Rabbit Series in Three Delightful Moon-gazing Scenes

Indulge in a Starry Reward Programme to Enjoy up to a 34% Rebate

HONG KONG SAR – Media OutReach – 31 August 2022 – The Mid-Autumn Festival, which is on Saturday, 10 September this year, is an occasion for joyful reunions with family and friends when the moon is believed to be at its fullest and brightest throughout the year. Whether you’re looking for a place for an upbeat get-together or a soul-satisfying moon-gazing getaway, Starstreet Precinct is the place to be! In collaboration with Taiwanese illustration brand emmaAparty, Starstreet Precinct proudly presents its inspirational “StarMoonBunny” installations from now until 12 September 2022. Join emmaAparty’s iconic rabbit character series “Bah-pau” (肉包) and the exclusive new “Star Rabbit” (星兔), an edition tailor-made for Starstreet Precinct as they guide you to explore three enchanted spots for dreamy moon-gazing, with colourful moon and star decorations adding to the magical atmosphere.

Location: Outside Three Pacific Place on Wing Fung Street

Location: Outside Three Pacific Place on Wing Fung Street

“Lunar Peace and Serenity”

“Star Rabbit” (星兔), the new character exclusive to Starstreet Precinct, is cuddling a bright star and sitting beside a huge, illuminated moon, giving the whole scene a golden glow of contentment.
Take a photo with Star Rabbit for a highly Instagrammable snapshot and a gorgeous moment of serenity. Sometimes just gazing at the moon and stars is all you need for an experience of profound peace!

Yet more lunar surprises await you, including a Starry Reward Program to redeem a Matchali x esca handcrafted molten matcha and hojicha vegan mooncakes box set and HK$50 shopping voucher upon designated spending at Starstreet Precinct merchants. Don’t miss the opportunity to also solve the Mid-Autumn riddles on Starstreet Precinct’s Instagram for the chance to take home your own “Bah-pau” mementos!

An amazing experience of moonlit moments awaits you in a truly one-of-a-kind Mid-Autumn celebration!

Discover Adorable Moon-Gazing Scenes with Taiwanese Bunnies “Bah-pau” and the Exclusive New “Star Rabbit”

Created by Taiwanese artist Emma Lin in 2009, emmaAparty combines the artist’s name with “A” for “Animals” and “party”, which together represent the joy and childlike innocence of the artist’s cute animal illustrations. emmaAparty’s signature rabbit character, “Bah-pau” (肉包), is now widely loved for her wicked yet adorable facial expressions and sharp sense of humour. For a unique Mid-Autumn Festival at Starstreet Precinct, the “Bah-pau” series is welcoming its newest member, “Star Rabbit”, who has been designed exclusively with star and moon elements and named in honour of Starstreet Precinct – the perfect addition to this vibrant cultural neighbourhood!

Come discover the “Star.Moon.Bunny” installations, where five “Bah-pau” bunnies are busy gazing at the moon in their own mischievous style and are sure to prompt smiles and laughter from everyone! Giggle your way to all three installations while enjoying beautiful views of the moon!

The Five “Bah-pau” Rabbits in Three Delightful Moon-Gazing Scenes
Location: Outside Three Pacific Place on Wing Fung Street “Lunar Peace and Serenity”

“Star Rabbit” (星兔), the new character exclusive to Starstreet Precinct, is cuddling a bright star and sitting beside a huge, illuminated moon, giving the whole scene a golden glow of contentment.

Take a photo with Star Rabbit for a highly Instagrammable snapshot and a gorgeous moment of serenity. Sometimes just gazing at the moon and stars is all you need for an experience of profound peace!

Location: Outside Three Pacific Place on Wing Fung Street “Don’t Look at Me, Look Up”

An ethereal light scene festooned with dozens of coloured LED globes and shiny star-shaped ornaments is forming a glowing canopy for a restful Mid-Autumn stroll.

Bathed in this spectacular lighting, the “Rabbit Pointing at the Sky” (指天兔) (left) and “Rabbit Watching the Moon” (望月兔) (right) seem to speak in unison: “Don’t look at me, look at the moon and stars! They’re so bright and beautiful!”

Location: Outside Three Pacific Place on Star Street “The Idle Chatterers”

As you walk up the slope to Star Street, another gorgeous LED light canopy awaits, with an illuminated full moon dangling in the middle.

As you get closer, you’ll discover “Rabbit Pulling a Face” (鬼臉兔) (left) and “Rabbit Unwilling to Go to Work” (不想上班兔) (right), both of whom are sitting together in such a laid-back posture, it’s obvious what they’re saying: “Why can’t we be as free as the moon? I don’t want to go to work tomorrow.” “Me neither.”

Starry Reward Programme Offers Moonlit Surprises for Everyone

Starstreet Precinct is home to a broad array of vibrant restaurants and bars as well as galleries and boutiques. Embark on an authentic day-to-night journey of unique style and taste in the Precinct’s secluded streets before visiting the lovely bunnies! From now until 12 September, the Starry Reward Programme offers festive shopping surprises for everyone! Shoppers can redeem a Matchali x esca mooncake box set worth HK$360 and an extra HK$50 shopping voucher upon HK$1,200 same-day electronic spending at Starstreet Precinct merchants after 6pm. These delicious mooncakes are available in boxes of four, and each box contains two of each flavour – lovingly handmade molten Matcha Almond and Hojicha Sesame mooncakes, prepared without preservatives and totally vegetarian-friendly.

Shoppers can also earn HK$50 shopping vouchers upon eligible spending of HK$300 or above. May your Mid-Autumn Festival be filled with sweet pleasures!

Unmissable Riddle Contest and “Bah-pau” Memento Giveaway on Instagram

After a satisfying shopping and culinary spree with lots of cute snapshots, challenge yourself to solve some traditional Mid-Autumn riddles! Starstreet Precinct is launching a digital Riddle Contest on Instagram where you will have the chance to win fabulous “Bah-pau” gift sets including puzzles and cushions. Stay tuned for more details on Starstreet Precinct’s Instagram!

Starstreet Precinct x emmaAparty “StarMoonBunny” Festive Display Details
Date: From now until 12 September 2022
Location: Starstreet Precinct (Outside Three Pacific Place on Wing Fung Street and Star Street)

Starry Reward Programme Details
Redemption Period: From now until 12 September 2022
Redemption Time: 12pm – 10pm
Redemption Location: Redemption Booth outside Three Pacific Place on Wing Fung Street

Details:

Same-day Electronic Spending Rewards Extra Rewards after 6pm
HK$300 – $1,199 HK$50 Starstreet Precinct Shopping Voucher N/A
HK$1,200 or above 1 set of Matchali x esca: Molten Matcha & Hojicha Mooncakes (4 pieces in 1 box) (original price at HK$360) HK$50 Starstreet Precinct Shopping Voucher

*Terms and conditions apply.

Instagram Riddle Contest Details
Date: 4 to 7 September 2022
Details: Stay tuned to Starstreet Precinct’s Instagram

Official website: www.starstreet.com.hk
IG: @starstreethk
FB: starstreet #starstreethk

Hashtag: #StarMoonBunny #MidAutumnFestival #starstreethk #emmaAparty

About Starstreet Precinct

Starstreet Precinct is a vibrant destination in Wan Chai, comprised mainly of Wing Fung Street, Star Street, Moon Street, Sun Street, and St. Francis Yard. Over the years, the neighbourhood has evolved from a quaint, historic landmark, into an eclectic hangout hotspot for those with a unique sense of style and character. Filled with cosy cafés, restaurants, bars, boutique shops with the most coveted fashion selections, galleries and interior design stores, the precinct offers an array of day-to-night experiences. With a focus on community and a passion to foster a sustainable lifestyle for all, Starstreet Precinct and its tenants are collectively working to build a better future together. Connected to Pacific Place and Admiralty station through the Three Pacific Place underground link, the neighbourhood is a hidden gem in the heart of Hong Kong.

Bybit Partners With Circle, Plans to Launch USDC Spot Pairs and Offer Integrations for Clients

LONDON, UNITED KINGDOM – Media OutReach – 31 August 2022 – Bybit, the third largest crypto derivatives exchange in the world by volume, has partnered with Circle Internet Financial, a global digital financial technology firm and the issuer of USD Coin (USDC) and Euro Coin (EUROC) to help accelerate the growth of Bybit as a gateway for retail and institutional USDC-settled products.

Bybit aims to become a one-stop gateway for USDC-settled options. The Exchange’s market-beating liquidity is matched with features such as portfolio margin, which lowers margin requirements on hedged positions, and unified accounts that accept BTC/ETH/USDT/USDC as collateral. Under the agreement, Bybit will offer Circle’s services to their users, expand their USDC spot pair listings, and support further awareness for USDC and related products.As a leading exchange for emerging digital asset classes, Bybit’s partnership with Circle is aimed at promoting greater crypto adoption and utility. Earlier this year, Bybit introduced USDC options — the first stablecoin-margined option contract in the market — with the exchange pledging to make Ether and SOL options available soon.

As part of its commitment, Bybit will leverage its experience and expertise in the operation of its leading crypto exchange to develop and promote products that support the growth of USDC, such as spot trading, perpetual contracts, and options. Bybit will also enable instant, auto-conversions between USD and USDC (or other Circle-issued stablecoins).

“We have been building throughout the bear market, and have found USDC to be an excellent fit for our operations,” said Ben Zhou co-founder and CEO of Bybit at the partnership launch event held at Vicinity London. “After the success of our USDC options, it was opportune to further develop our working relationship with Circle, which has a reputation for openness and integrity in their services and development of cutting-edge financial technology. We look forward to offering more USDC spot pairs and products to our retail and institutional clients.”

“Over the last year, Bybit has ceaselessly delighted users of USDC with the continued expansion of their innovative product offerings,” said Jeremy Allaire, co-founder and CEO of Circle. “We are thrilled to have Bybit onboard as a partner in our efforts to promote greater access and adoption for USDC.”
Hashtag: #Bybit

About Circle

Circle is a global financial technology firm that enables businesses of all sizes to harness the power of digital currencies and public

blockchains for payments, commerce and financial applications worldwide. Circle is powering always-on internet-native commerce and payments and is the issuer of USD Coin (USDC) and Euro Coin (EUROC). Today, Circle’s transactional services, business accounts, and platform APIs are giving rise to a new generation of financial services and commerce applications that hold the promise of raising global economic prosperity for all through the frictionless exchange of financial value. Learn more at .

About Bybit

Bybit is a cryptocurrency exchange established in March 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 racing team, Oracle Red Bull Racing, esports teams NAVI, Astralis, Alliance, Virtus.pro, Made in Brazil (MIBR) and Oracle Red Bull Racing Esports, and association football (soccer) teams Borussia Dortmund and Avispa Fukuoka.

For more information please visit:

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