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IGI Inex Holding (UK) becomes strategic investor in quantumrock, cementing partnership between leading global investment group and AI asset tech frontrunners

IGI Inex will obtain a relevant share position based on quantumrock’s valuation of €30 million with the right to extend its share position over time

MUNICH, GERMANY – EQS Newswire – 16 September 2022 – London-based privately-owned global investment company, IGI Inex Holding, today announces it has become a strategic investor in artificial intelligence (AI) and machine learning (ML) leaders, Munich-based AI asset and portfolio management company, quantumrock. As a strategic equity investment partner, IGI received a relevant share position based on the company’s valuation of €30 million with the right to extend its share position to majority over time also secured. The combination of the parties’ assets and competencies creates a unique opportunity for the two companies to enable a compelling new investment product category, facilitating an attractive proposition to many institutional market investors.

“Loss protection and downside protection for investment products backing are the big asks from large institutional investors these days. We’re very excited to be able to marry our already compelling AI-enhanced products like Absolute Return, Treasury Alpha, Single Stock Selection Alpha with an asset-backed loss protection feature and deliver a real answer to that market demand.” –Stefan Tittel, CEO of quantumrock

IGI Inex is a global leader in precious stone investment and its associated global mining activities, holding several subsidiary companies such as IGI Inex Real Estate, IGI Inex Trading, SouthCapital, and IGI Inex Global Investments in addition to shareholdings such as Seabury Capital. As a security provider for structured products due to its extensive holdings in gemstones, commodities, copper, and more, IGI Inex is looking for a complementary, intelligent monetization of its extensive precious stone holdings through innovative asset backing services for structured products which makes this latest move by the group to become a strategic investor in quantumrock an ideal fit; quantumrock is able to develop individualized products for institutional clients as well as package predominant investment themes into unique products with minimal time to market and at scale.

Joining quantumrock as a strategic equity partner is an ideal fit for IGI Inex as we seek to intelligently monetize our precious stone holdings. As global leaders in AI and ML asset management technology, quantumrock can not only support this vision but together we can facilitate a compelling new investment product category. ” – Werner Schmidt, CEO of IGI Inex.

Going forward, the partnership will see quantumrock leverage its production origination power to create a wide range of innovative investment products investable for a large client base that are asset-backed by the IGI Inex’s precious stones holdings, for example, factor investing stock selection products equipped with loss protection or guaranteed return. An additional value-add for investors is the commodity ABS investment product range which quantumrock will bring to market, which, in times of uncertainty around inflation will provide additional support alongside the group’s established Alpha-seeking trading strategies. Finally, with IGI acting as asset backing provider, quantumrock’s reputation as the global go-to brand for innovative, AI-generated, asset-backed investment products is further cemented.

Hashtag: #QuantumrockGmbH

About IGI Inex Holding (UK):

IGI Inex Holding (UK) is a privately-owned global investment company based in London, founded by Werner Schmidt, a São Paulo-based entrepreneur and German native. IGI Inex is a holding company established with the purpose of overseeing the operations, governance, and compliance of several businesses in mining, manufacturing, gemstones, real estate, and finance.

About Quantumrock GmbH:

Quantumrock is an AI asset tech company differentiating through an innovative AI/ML platform which is employed to rapidly analyze large amounts of market data to identify patterns and opportunities for Alpha generation, packaged for clients in Alpha-generating strategies that improve their funds or portfolios, so-called Alpha Add-Ons. The company is headquartered in Munich, Germany, and consists of around 30 deep tech engineers, finance/capital market experts and international former top executives from the banking and technology sector as employees and advisors.

China Broadband Communications (CBC) rebrands as CBC Tech

SINGAPORE – Media OutReach – 16 September 2022 – China Broadband Communications (CBC) has announced its rebrand as CBC Tech. This is a significant milestone of the company since it was founded in 2008. CBC Tech reflects the company’s vision to be the next-gen Network as a Service provider to enable our multinational enterprise customers in China and our Chinese enterprise customers to go international.

With the new brand CBC Tech, the company is set to accelerate the transformation from a network service provider to a Network as a Service (NaaS) provider to enable cloud-native network and security as a service for enterprises to deliver the best application performance with excellent customer experience.

“Rebranding CBC into CBC Tech aims to revitalize our vision, mission, and company culture enabling us to execute our innovation roadmap to converge telecom and tech.” said Richard Fung, Co-Founder and CEO of CBC Tech. “We are committed to the transformation through the investments in our people, technology and process.”

With the converge of telecom and tech, CBC Tech is strengthening its R&D capabilities to enhance our eNet fabrics to meet the changing networking and security requirements of our customers, and provide them with the digital experience.

“CBC Tech is committed to growth and delivering the best employee and customer experience. We target to grow our eNet coverage to reach fifty (50) markets outside of China in the next 12-18 months.” Fung said.

For more information about CBC Tech, visit the website at www.cbctech.com

Hashtag: #CBCTech

ABOUT CBC Tech

Established in 2008, CBC Tech is the next-gen Network-as-a-Service (NaaS) provider with our own patented SD-WAN fabrics across twenty-five (25) markets in China and internationally. CBC Tech enables cloud-native network and security for enterprises over our SD-WAN fabrics, integrated with our congestion-free IP and networks, mobile access, network appliance, multi-cloud connects and cloud-based security to deliver the best application performance with excellent customer experience. CBC Tech has offices in Beijing (HQ), Shanghai, Suzhou, Guangzhou, Shenzhen, Hong Kong and Singapore (International HQ).

Laos, Vietnam and Cambodia Troops Participate in First Rescue Drill

Laotian, Vietnamese, and Cambodian military soldiers successfully completed a joint operation in the event of natural disasters.

Military personnel from Laos, Vietnam, and Cambodia successfully completed a joint operation on Thursday where they rehearsed rescue procedures in the event of natural disasters.

Laos to Allow Yuan for Cross-border Transactions

Bank of Laos and the People’s Bank of China have signed a memorandum of understanding regarding future payments in Yuan.

Hang Lung Chair Ronnie C. Chan Personally Shares his Experience Restoring the Garden of the Palace of Established Happiness with his Colleagues Embodying Hang Lung’s Core Value of “Sustainability” through Heritage Conservation

HONG KONG SAR – Media OutReach – 16 September 2022 – Hang Lung Properties (SEHK stock code: 00101) (the “Company” or “Hang Lung”) recently hosted an employee sharing session with the theme, “The Palace of Established Happiness – Restoring a Garden in the Forbidden City”, in which the Chair of Hang Lung Properties, Mr. Ronnie C. Chan, shared his personal story and experience of restoring the Garden of the Palace of Established Happiness with nearly a hundred employees and their families and friends, in an effort to promote the importance of heritage conservation and its role in sustainable development.

Mr. Ronnie C. Chan, Chair of Hang Lung Properties, takes photos with nearly a hundred employees and their families and friends at the sharing session

Mr. Ronnie C. Chan, Chair of Hang Lung Properties, takes photos with nearly a hundred employees and their families and friends at the sharing session

After a visit to the ruins of the Garden in 1994, Ronnie decided to support the restoration of the Garden and established the China Heritage Fund (“CHF”) in Hong Kong. As the Founding Chair of CHF, Ronnie formally offered to fully support the reconstruction of the Garden in 1997. Site work officially started in 2000, and this first large-scale construction project in the Forbidden City was successfully completed in 2005, restoring the Garden to its former glory. CHF has since undertaken two additional major projects within the Forbidden City, the reconstruction of the Hall of Rectitude and conservation of the Hall of Mental Cultivation.

Mr. Ronnie C. Chan, Chair of Hang Lung Properties (right), and Ms. Happy Harun, General Manager – Special Projects, Chair's Office (left), share their personal stories and experiences of restoring the Garden of the Palace of Established Happiness

Mr. Ronnie C. Chan, Chair of Hang Lung Properties (right), and Ms. Happy Harun, General Manager – Special Projects, Chair’s Office (left), share their personal stories and experiences of restoring the Garden of the Palace of Established Happiness

As Ronnie said, “The destruction of a nation’s cultural heritage reflects the country’s decline and turmoil, but its restoration is a sure sign of the country’s rise and prosperity. The importance of cultural heritage sites and historic buildings lies in the fact that they witnessed our historical, cultural and social journey from the past to the present. I am deeply honored to be able to participate in the reconstruction of the Garden of the Palace of Established Happiness and the Hall of Rectitude, and I am proud that we have helped to bring modern management into the Forbidden City. Through this sharing session, I hope our colleagues can develop a deeper understanding of the Company’s philosophy toward the restoration and conservation of cultural artifacts. We encourage our colleagues to continue implementing the core values of “sustainability” and “excellence” in their work, while we also hope to stimulate their interest in exploring Chinese history and to propagate traditional Chinese culture.”

After the sharing session, Mr. Ronnie C. Chan, Chair of Hang Lung Properties, personally leads employees and their families and friends to explore the heritage and history of the artifacts on display at the Asia Society Hong Kong Center

After the sharing session, Mr. Ronnie C. Chan, Chair of Hang Lung Properties, personally leads employees and their families and friends to explore the heritage and history of the artifacts on display at the Asia Society Hong Kong Center

Cultural conservation is an important part of sustainable development. Under the leadership of Ronnie, Hang Lung is committed to making its best efforts to restore, preserve and integrate historic elements during the process of developing commercial projects, with examples including the Zhejiang Xingye Bank Building at Riverside 66, Tianjin, Chenghuang Temple at phase 1 of Center 66, Wuxi and the former residence of Zhang Xiaocheng at the Curio Collection by Hilton at phase 2 of Center 66, Wuxi. Hang Lung strives to strike a balance between preserving local cultural heritage and injecting new vitality into the local community by revitalizing historic buildings to fulfill the Company’s vision of “creating compelling spaces that enrich lives”.

Wellbeing is one of the four priorities in Hang Lung’s sustainability framework, covering the health and safety of employees, as well as the establishment of a sustainable workforce through continued learning and development. Hang Lung regularly organizes various forward-looking employee training programs, including the INSIGHT webinar series, Leadership Development Program, and LinkedIn Learning. These allow our employees to make use of the current training subsidy policy and choose the learning resources that meet their own development needs, anytime and anywhere. The recent employee sharing session is one example of Hang Lung’s efforts to promote the all-round development of the Company and its people.

Hashtag: #HangLung

About Hang Lung Properties

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

At Hang Lung Properties – We Do It Well.

For more information, please visit .

Xiaomi’s Partner and President, Wang Xiang, was selected as “Outstanding People” in the “2022 Forbes China – Global 100 Outstanding Chinese”

SINGAPORE – Media OutReach – 16 September 2022 – A few days ago, Wang Xiang, Partner and President of Xiaomi Group, was selected as one of the “Outstanding People” in the “2022 Forbes China – Global 100 Outstanding Chinese” awards. Forbes China noted that after Wang Xiang joined Xiaomi, he led the consumer electronic and smart manufacturing companies’ rapid global expansion efforts, in which it entered over 100 markets under his outstanding leadership. Meanwhile, he continuously improved Xiaomi’s global intellectual property (IP) strategy and compliance system, cleared IP obstacles, and facilitated globalization.

Forbes China launched the “Global 100 Outstanding Chinese” list in 2022, focusing on overseas young talent and entrepreneurs, selecting 100 outstanding global Chinese representatives from two major fields: business and culture in various regions, including the Americas, Europe, Asia, and Oceania. The Forbes list has three major categories: Business Leader, Outstanding People, and Potential Elite. Wang Xiang was one of 17 people to receive the title of “Outstanding”, all of whom are distinguished talents of global influence, and some representing companies with a market value of over 100 billion RMB.

Hashtag: #Xiaomi

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

About Xiaomi Corporation

Xiaomi Corporation (“Xiaomi”) was founded in April 2010 and listed on the Main Board of the Hong Kong Stock Exchange on July 9, 2018 (). Xiaomi is a consumer electronics and smart manufacturing company with smartphones and smart hardware connected by an IoT platform at its core.

Embracing our vision of “Make friends with users and be the coolest company in the users’ hearts”, Xiaomi continuously pursues innovations, high-quality user experience and operational efficiency. The company relentlessly builds amazing products with honest prices to let everyone in the world enjoy a better life through innovative technology.

Xiaomi is one of the world’s leading smartphone companies. The company has also established the world’s leading consumer AIoT (AI+IoT) platform, with more than 478 million smart devices connected to its platform (excluding smartphones, laptops and tablets) as of March 31, 2022. Xiaomi products are available in more than 100 countries and regions around the world. In August 2022, Xiaomi was included in the Fortune Global 500 list for the fourth year in a row, ranking 266th.

Xiaomi is a constituent of the Hang Seng Index, Hang Seng China Enterprises Index, Hang Seng TECH Index and Hang Seng China 50 Index.

For more information about Xiaomi as a company, please visit

Laos-China Railway Parking Ticket Causes Confusion

A motorist posted the photo of a long line of cars waiting to pay for entry fee at Vientiane Railway Station on social media.

Motorists and taxi drivers have expressed their confusion over the Laos-China Railway Company’s new parking ticket policy, which sees drivers charged for simply picking up or dropping off passengers.

New DHL Trade Growth Atlas: Global trade surprisingly strong despite recent shocks

  • DHL Trade Growth Atlas maps the most important trends in global trade
  • ŸInternational trade in goods has surged to as high as 10% above levels before the Covid-19 pandemic
  • ŸDespite the war in Ukraine, trade is projected to grow faster in 2022 and 2023 than it did over the previous decade
  • ŸNew trade growth leaders emerging in Southeast and South Asia; Sub-Saharan Africa’s exports to accelerate dramatically
  • ŸViet Nam, India, and the Philippines stand out on both speed and scale of projected trade growth through 2026

SINGAPORE – Media OutReach – 16 September 2022 – DHL and NYU Stern School of Business have published the new DHL Trade Growth Atlas, which maps the most important trends and prospects of global trade in goods. The report covers 173 countries, providing valuable business intelligence for policymakers and industry leaders. It shines a positive light on the resilience of global trade – despite recent shocks and market pessimism.

“Our aim is for the DHL Trade Growth Atlas to become a go-to resource for understanding and navigating shifts in the global trade landscape. Trade will remain a key driver of prosperity – as it has been for centuries. In the current global business environment, DHL can help customers rethink certain supply chains, basing them on a sensible trade-off between cost and risk so that they are both efficient and secure. As the world’s leading logistics provider, we offer solutions for all logistics requirements, and have proven to provide stable and reliable services even in volatile market environments,” says John Pearson, CEO of DHL Express.

International trade is considered especially important in the present context because of its power to accelerate economic growth, reduce inflation, and enable countries and companies to access multiple sources of key inputs.

Key Take-Aways: Growth, Shifts, and Opportunities

The DHL Trade Growth Atlas also measures changes in countries’ and regions’ shares of world trade. Among the key take-aways:

  • The Covid-19 pandemic has not been the major setback for global trade that many anticipated: International trade in goods has surged as high as 10% above pre-pandemic levels, even in the face of significant supply bottlenecks that constrained further growth.
  • Prospects for future trade growth remain surprisingly positive: Due to the war in Ukraine, trade growth forecasts have been downgraded, but they still call for trade to grow slightly faster in 2022 and 2023 than it did over the preceding decade.
  • E-commerce sales boomed during the pandemic and forecasts point to strong cross-border e-commerce growth continuing.
  • New poles of trade growth are identified in Southeast and South Asia, and trade growth is expected to accelerate dramatically in Sub-Saharan Africa.
  • Trade growth is spread across a wider variety of countries: China accounted for a quarter of trade growth in recent years and is predicted to continue to have the largest growth, but its share is likely to fall by half, to 13 percent.
  • Viet Nam, India, and the Philippines stand out on both speed and scale of projected trade growth through 2026. All three have potential to benefit from efforts by many companies to diversify China-centric production and sourcing strategies.
  • While emerging economies increased their shares of world trade from 24 to 40 percent between 2000 and 2012, with half of the increase driven by China alone, these shares have barely changed over the past decade.
  • However, emerging economies continue to race forward on measures of connectivity, innovation, and leading companies. They are becoming more important exporters of sophisticated manufactured products, and increasingly compete not only on low costs, but also on innovation and quality.


Understanding Global Trade and its Opportunities

The DHL Trade Growth Atlas examines global trade growth trends, geographic shifts, the mix of products traded, and broader changes in the business environment. It analyzes trade in goods worldwide, by region, for advanced vs. emerging economies, and across 173 countries. The report features concise one-page summaries for each of these countries. The countries covered comprise more than 99% of world trade, GDP, and population.

“We have sought to distill the most important data on the state and trajectory of global trade and to bring the data to life in maps, charts, and other visual content. The results show how there are still large trade growth opportunities in both advanced and emerging economies and in regions around the world. The trade landscape is shifting and presenting new challenges, but this report strongly rebuts predictions of a major retreat from global trade,” says Steven Altman, Senior Research Scholar and Director of the DHL Initiative on Globalization at NYU Stern’s Center for the Future of Management.

The DHL Trade Growth Atlas complements the established DHL Global Connectedness Index series. While the DHL Trade Growth Atlas provides a special deep dive on global trade in goods, the DHL Global Connectedness Index, published regularly since 2011, analyzes the broader phenomenon of globalization – based on trade in goods and services, as well as worldwide flows of capital, people, and information. Both reports help pinpoint promising business opportunities, and support fact-based debates about trade and globalization.

Note to Editor:

  • Download the DHL Trade Growth Atlas and other materials here

You can find the press release for download as well as further information on dpdhl.com/pressreleases

Hashtag: #DHL

DHL – The logistics company for the world

DHL is the leading global brand in the logistics industry. Our DHL divisions offer an unrivalled portfolio of logistics services ranging from national and international parcel delivery, e-commerce shipping and fulfillment solutions, international express, road, air and ocean transport to industrial supply chain management. With about 380,000 employees in more than 220 countries and territories worldwide, DHL connects people and businesses securely and reliably, enabling global sustainable trade flows. With specialized solutions for growth markets and industries including technology, life sciences and healthcare, engineering, manufacturing & energy, auto-mobility and retail, DHL is decisively positioned as “The logistics company for the world”.

DHL is part of Deutsche Post DHL Group. The Group generated revenues of more than 81 billion euros in 2021. With sustainable business practices and a commitment to society and the environment, the Group makes a positive contribution to the world. Deutsche Post DHL Group aims to achieve net-zero emissions logistics by 2050.

New York University Stern School of Business, located in the heart of Greenwich Village and deeply connected with the City for which it is named, is one of the United States’ premier management education schools and research centers. NYU Stern offers a broad portfolio of transformational programs at the graduate, undergraduate, and executive levels, all of them enriched by the dynamism and deep resources of one of the world’s business capitals. NYU Stern is a welcoming community that inspires its members to embrace and lead change in a rapidly transforming world. Visit www.stern.nyu.edu.

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