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Turning AI Innovation into Sustainable Profitability: Deepexi Technology (1384.HK) Delivers Surging Revenue, Quarterly Profitability, and a Differentiated Enterprise AI Platform

HONG KONG SAR – Media OutReach Newswire – 27 August 2026 – In an era when enterprise software valuations are being fundamentally repriced by the rise of agentic AI, Deepexi Technology Co., Ltd. (1384.HK) has emerged as a rare counterexample: a pure-play enterprise AI platform that is delivering both technology leadership and bottom-line profitability. According to the company’s first interim results following its public listing, Deepexi recorded a 115% year-over-year surge in revenue for the first half of the year, powered by a 209% leap in core AI revenue and a decisive turnaround to quarterly GAAP profitability in the second quarter of 2026. This performance has earned the company “Buy” and “Overweight” ratings from multiple brokerages within its first year of listing.

Quarterly Profitability: A Rare Milestone in Hong Kong’s AI Sector

In capital markets, ambitious visions must ultimately be backed by real financial performance—and Deepexi’s interim results provide clear proof of execution.

For the first half of 2026, the company generated RMB 284.0 million in total revenue, marking a 115.0% year-over-year increase. Its AI business served as the primary growth engine, contributing RMB 226.0 million—an impressive 209.2% year-over-year surge—bringing AI revenue to 79.6% of total corporate turnover.

Even more noteworthy is the marked improvement in profitability. First-half gross profit reached RMB 160.0 million, up 120.5% year-over-year, with gross profit margin expanding to 56.5%. Crucially, during the second quarter of 2026, Deepexi posted a standalone quarterly net profit of approximately RMB 30.1 million, officially crossing the breakeven threshold.

In Hong Kong’s technology sector, pure-play enterprise AI companies capable of achieving quarterly net profitability while sustaining high R&D investment remain exceptionally rare. This milestone underscores Deepexi’s operational efficiency, scalable software delivery, and self-sustaining monetization engine.

This scarcity value is equally evident in the company’s revenue composition and vertical reach. Industrial manufacturing accounted for more than 50% of total revenue, while retail and consumer goods contributed 30%, alongside expanding footholds in healthcare and smart transportation. In manufacturing, for example, equipment troubleshooting and predictive maintenance involve dense engineering schematics, real-time IoT sensor telemetry, and extensive historical maintenance logs—all of which Deepexi translates into structured logic that AI models can readily interpret. This deep vertical expertise and proprietary data accumulation create a formidable competitive barrier that general-purpose AI vendors cannot easily match.

Beyond the “SaaSpocalypse”: Deepexi’s AI-Native Platform Defies the Software Valuation Reset

The first quarter of 2026 witnessed what market observers have dubbed the “SaaSpocalypse”—a tectonic shift in which approximately $2 trillion in market capitalization was erased from B2B software equities, driven by a fundamental fear that agentic AI would cannibalize the traditional per-seat licensing model. The iShares Expanded Tech-Software ETF (IGV) plunged nearly 21% year-to-date, and enterprise software multiples (EV/Sales) cratered from a 5.6x average at the end of 2025 to 4.2x by mid-March.

Investors have pivoted decisively toward AI-native infrastructure—companies that manage the data and underlying plumbing of autonomous systems—while penalizing traditional application-layer SaaS vendors reliant on human-centric interfaces. As a recent Windsor Drake analysis notes, “AI-native agentic platforms clear 14x to 22x revenue, with private rounds at 20x to 30x,” while legacy standalone RPA trades at just 2.5x to 5x. The market is now rewarding AI-native architecture and measurable workflow ownership.

Deepexi sits squarely on the winning side of this divergence. Unlike traditional SaaS vendors whose revenues are tied to human seat counts—and thus vulnerable to agentic displacement—Deepexi’s token-based, consumption-driven model aligns directly with the agentic AI future. The company’s DeepWorks enterprise Agent platform does not sell per-seat licenses; it sells AI productivity, enabling enterprises to deploy autonomous agents that replace repetitive administrative work, not software seats. As the market shifts from “AI as a feature” to “AI as a replacement,” Deepexi’s business model is structurally insulated from the seat-compression forces that have punished legacy software vendors.

Focus on Enterprise AI Applications and Proprietary Domain Data

To ensure AI truly meets real-world enterprise demands, generic foundational models are insufficient on their own. Deepexi’s core competitive edge lies in its specialized “Data + AI” dual-engine architecture, anchored by the FastData enterprise data intelligence platform, the FastAGI agentic AI suite, and the Deepexi Enterprise Large Model Platform, supported by its proprietary Deepology ontology dataset containing over 2,000 vertical industry skills.

At the foundational layer, the FastData platform—powered by the FastData Foil fusion engine—acts as an intelligent lakehouse that tokenizes structured, semi-structured, and complex unstructured enterprise data into standardized formats ready for large model training and inference. Building upon this data foundation, the FastAGI platform and DeepWorks Enterprise Agent Platform provide organizations with a flexible, modular AI operating system.

Featuring a pluggable architecture, the platform connects seamlessly to leading open-source foundation models such as DeepSeek and Zhipu AI, giving enterprise clients complete autonomy while eliminating vendor lock-in. This “model-agnostic” approach is a key differentiator in an environment where enterprises increasingly demand flexibility to choose the best model for each use case, rather than being locked into a single provider.

Through native Model Context Protocol (MCP) frameworks and specialized agents—ranging from operational decision-making agents to productivity and autonomous workflow execution agents—Deepexi embeds intelligence directly into core business operations. DeepWorks is fully integrated with mainstream workplace collaboration suites such as DingTalk, Feishu, and Tencent Meeting, allowing employees to summon AI copilots directly for automated weekly reporting, data synthesis, and cross-departmental coordination—effectively turning AI into an indispensable daily productivity tool.

In an enterprise AI market where 42% of organizations already have AI agents in production and 72% are deploying across production and pilots combined, Deepexi’s proven, governed agentic workflows are no longer an experiment—they are core infrastructure.

Strategic Partnership with Huawei Cloud: Tackling Compute and Data Bottlenecks

In the commercialization of enterprise AI, computing costs and access to high-quality domain data represent two of the industry’s most critical bottlenecks. On August 12, Deepexi announced a strategic alliance with Huawei Cloud to jointly launch enterprise data intelligence solutions, providing strong operational backing for the company’s long-term expansion.

The partnership combines the complementary strengths of both technology leaders. Huawei Cloud provides underlying Ascend AI computing clusters and distributed cloud infrastructure, while Deepexi brings its deep expertise in enterprise data governance, data tokenization, and vertical AI agent deployments. By integrating with Huawei’s domestic Ascend compute clusters, Deepexi not only secures stable, long-term computing power but also significantly drives down token processing costs. This cost efficiency establishes ideal conditions for exploring usage-based, token-metered commercial billing models—precisely the kind of consumption-based pricing that aligns with the agentic AI future.

Crucially, falling AI costs are widely expected to accelerate enterprise adoption of autonomous agents. Deepexi’s partnership with Huawei Cloud positions the company to capture this demand wave with a cost structure that improves as token volumes scale—a powerful margin-expansion dynamic that stands in stark contrast to the fixed-cost burden of traditional SaaS.

Strong Institutional Backing Highlights Long-Term Investment Value

Reflecting strong capital market confidence, Deepexi announced on August 17 the successful placement of 14,286,000 new H-shares at HK$35.00 per share, raising net proceeds of approximately HK$488.0 million. Successfully closing a sizeable placement amid broader market volatility demonstrates strong institutional recognition of Deepexi’s proven business model, robust unit economics, and profitability trajectory.

The company’s strategic shareholder structure provides a solid foundation for long-term growth. It is supported by prominent independent investors, including Hillhouse, 5Y Capital, and BAI, as well as industry-focused investors such as Shanghai AI. These partnerships enhance Deepexi’s industry reputation, drive technological innovation, and strengthen its market competitiveness.

The newly raised funds are earmarked primarily for continuous R&D in next-generation enterprise agent systems and token productivity platforms—positioning the company to capture the $206.5 billion AI agent software market projected for 2026, which Gartner expects to grow to $376.3 billion in 2027.

Investment Thesis: Why Deepexi Stands Apart

1. AI-Native Architecture in an Agentic World. Unlike legacy SaaS vendors facing seat compression, Deepexi’s token-based model is structurally aligned with the agentic AI future. The company doesn’t sell software seats—it sells AI productivity.

2. Rare Profitability in Enterprise AI. Quarterly GAAP profitability at a 56.5% gross margin, with projected revenue CAGR of 95.5% through 2027, places Deepexi among the most financially disciplined enterprise AI companies globally.

3. Model-Agnostic, Vendor-Neutral Platform. In an environment where enterprises demand flexibility, Deepexi’s pluggable architecture—supporting DeepSeek, Zhipu, and other open-source models—eliminates lock-in and captures value regardless of which foundation model wins.

4. Proprietary Data Moat. With over 2,000 vertical industry skills and deep expertise in manufacturing, retail, healthcare, and transportation, Deepexi’s domain-specific data capabilities create barriers that general-purpose AI vendors cannot replicate.

5. Strategic Compute Partnership with Huawei Cloud. Long-term, cost-effective compute access, combined with token-metered pricing models, positions Deepexi for sustained margin expansion as token volumes scale.

6. Institutional Validation. Backing from top-tier investors and a successful HK$488 million placement amid market volatility signal strong institutional confidence in Deepexi’s business model and growth trajectory.

The enterprise AI market has decisively shifted from early conceptual exploration into a new era of commercial execution and tangible financial delivery. Backed by mature product suites across FastData and FastAGI, proprietary vertical ontologies, strategic cloud partnerships, and an official transition to net profitability, Deepexi Technology has proven that enterprise AI can deliver both transformative technology and sustainable profits.

Hashtag: #DeepexiTechnology

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

About Deepexi Technology

Deepexi Technology is China’s leading provider of enterprise large model AI application solutions. Through its FastData enterprise data intelligence solution and FastAGI enterprise AI solution, it empowers enterprises to integrate their data, decisions and operations efficiently at scale. Deepexi ranked fifth in China’s enterprise large model AI application solution market in terms of revenue in 2024. Its solutions have achieved large-scale commercialization across multiple verticals, including consumer goods, manufacturing, healthcare and transportation. As of June 30, 2025, Deepexi Technology served a cumulative total of 283 enterprise customers across various industries.

This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from those projected. The company undertakes no obligation to update any forward-looking statements.

Vientiane Water Enterprise Reports USD 4.2 Million Profit, 103 Villages Still Without Water

Hydrology work in Laos has helped develop groundwater for agriculture, improving the climate resilience of the country’s food production systems. Photo: International Water Management Institute

Vientiane’s state water supplier reported a profit of more than LAK 91.6 billion (USD 4.2 million) in the first half of 2026, even as it struggles to keep up with growing demand and extend services to all parts of the capital.

At a meeting on 26 August, the Vientiane Capital People’s Council called on the enterprise to speed up efforts to expand water supplies and improve services for residents.

Daily demand for water in the capital has reached about 504,000 cubic meters, driven by population growth and economic development. 

The enterprise currently produces an average of around 400,000 cubic meters a day, leaving a gap of roughly 104,000 cubic meters, with demands continuing to outpace supply.

Future Projects

The enterprise is working on three projects that are expected to add 80,000 cubic meters of daily capacity by the end of 2028. 

The projects include two new water treatment plants and an expansion of the existing Chi Nai Mo plant, with the first project expected to be completed in April 2027.

For now, water coverage remains uneven across the capital.

The enterprise currently supplies 378 of Vientiane’s 481 villages, covering about 79 percent of the capital. The remaining 103 villages are mainly in Pak Ngum, Santhong and parts of Xaythany districts.

Officials said water services continue to face challenges from seasonal changes in raw-water levels, ageing pipelines, water losses, power outages and limited budgets. 

Rising demand is putting further pressure on existing infrastructure.

Revenue and Service Upgrades

The enterprise reported collecting 53 percent of its annual revenue target during the first six months of 2026. It has introduced real-time meter reading, mobile billing, and bank payment options to improve service efficiency. 

The People’s Council has urged the water supplier to expand coverage, reduce water losses from its pipelines, recover unpaid bills and ensure its planned treatment plants stay on schedule.

Officials also said broader regulatory issues, including management rules, technical standards and differences in water tariffs, need to be addressed.

Finance, Transport Ministries Meet to Streamline Cargo Fee Collection

Lao Finance Minister Santipab Phomvihane (left) and Transport Minister Leklai Sivilay (right). Viantiane, Laos. 26 August 2026. (Photo: Ministry of Finance).

Laos is working to unify fee collection procedures on transit cargo and cross-border tolls across the country’s key trade corridors, officials report.

The push comes as Laos’ Ministry of Finance and Ministry of Public Works and Transport held a joint meeting on 26 August, to address inconsistencies in the collection of transit cargo transport fees at the Thanaleng Dry Port development zone, alongside toll collection issues at the Lao-Thai Friendship Bridge checkpoint.

Thanaleng Dry Port, located near the 1st Lao-Thai Friendship Bridge in Vientiane, forms part of the broader Vientiane Logistics Park area. The facility links Southeast Asia and China rail networks to markets beyond Asia, with around 2,000 vehicles passing through daily. 

In late June 2026, Laos and Cambodia opened a new agricultural transit route through Thanaleng, cutting the journey for Cambodian produce bound for China from nearly 20 days to about one week.

The meeting placed fee collection inconsistencies at the facility at the center of its agenda, alongside broader efforts to unify revenue management across transit and toll systems. 

Officials described the discussions as an important step toward organizing revenue collection and strengthening the finance sector’s specialized work, aiming to ensure consistency, transparency, and legal compliance.

Authorities also discussed the toll collection system for the bridges crossing the Mekong River between Laos and Thailand, which currently number five, located in Vientiane, Savannakhet, Khammouane, Bokeo, and Bolikhamxay. 

The participants also reviewed the open bidding process for procuring a company to develop and install systems for managing tolls on National Road No. 9 in Savannakhet Province, which connects Thailand in the west to Vietnam in the east. 

That project combines a LAK 3.23 trillion (USD 148.7 million) highway rehabilitation contract with electronic toll collection targeting trucks of 12 tons or more.

Laos Tightens Foreign Borrowing Rules as Debt Risks Persist

Laos tightens foreign borrowing rules amid concerns over debt and foreign currency reserves
A picture used for demonstration purpose only.

Laos has tightened controls on foreign borrowing as the government seeks to limit debt risks and reduce pressure on foreign-currency reserves and the Lao kip.

Under a new Bank of Laos decision issued in August, individuals and companies must obtain central bank approval before taking certain loans, guarantees, trade credits and other forms of financing from foreign lenders.

The central bank can reject a loan if the borrower does not have enough foreign-currency income to repay it or if the borrowing could put pressure on the monetary system or exchange rate.

Companies that earn mainly in foreign currency can borrow up to 75 percent of their registered capital, while companies that earn mainly in kip face a 50 percent limit.

Borrowers seeking to exceed those limits must submit a plan to manage foreign-exchange risks. Loans must also be issued and repaid in the same currency, reducing the risk that exchange-rate changes will increase repayment costs.

The rules impose additional scrutiny on large borrowers. Companies with n outstanding balance combined with a new drawdown reaches USD 100 million or more must submit financial statements audited by an internationally recognized firm.

Commercial banks must verify approval documents, monitor foreign loans and repayments, and report relevant transactions to the central bank. Unauthorized foreign borrowing or guarantees can result in fines, including a penalty equivalent to 10 percent of the loan agreement.

The government aims to reduce public debt to below 70 percent of GDP, strengthen foreign-currency reserves and ensure that foreign borrowing matches borrowers’ ability to earn foreign currency and repay their debts.

Debt Pressure

The new rules come as Laos continues efforts to reduce its high debt burden and strengthen domestic sources of financing.

The Asian Development Bank estimated in May that Laos had limited fiscal space and public debt of about 85 percent of GDP. The bank has said Laos will need stronger domestic revenue collection, debt management and private investment as it prepares to graduate from Least Developed Country status.

The International Monetary Fund has also said Laos’ economy is stabilizing, with lower inflation, easing pressure on the kip and improved macroeconomic management. However, it continues to flag high debt, limited foreign-currency reserves and weaknesses in the financial sector as key risks.

The IMF projects that public debt could fall to 75.7 percent of GDP in 2026 and decline further to 57.4 percent by 2030 if current economic policies continue.

Part of Wider Economic Reforms

The tighter borrowing rules are part of broader efforts to stabilize Laos’ economy and strengthen its financial system.

The economy grew 5 percent in the first half of 2026, according to Ministry of Finance figures, although growth slowed from 5.5 percent in the first quarter to 4.6 percent in the second.

Inflation fell to 7.4 percent in June before rising slightly to 7.6 percent in July. In August, the Bank of Laos cut its seven-day base interest rate from 8 percent to 7 percent as it adjusted monetary policy.

The government has also continued to pursue reforms aimed at strengthening economic management.

In August, the Cabinet approved 12 draft laws and proposals covering areas including public procurement, health insurance, social security, cybersecurity and mineral development.

Together, the measures reflect Laos’ broader effort to manage debt and foreign-currency risks while maintaining economic growth and financial stability.

Voyager of the Seas to Return to Hong Kong as Homeport in 2028, Launching Chinese New Year Itineraries

Two-Ship Deployment with Spectrum of the Seas, Strengthening Hong Kong’s Position as a Cruise Hub

SHANGHAI, Aug. 27, 2026 /PRNewswire/ — Following the announcement of the extended Singapore season for Navigator of the Seas, Royal Caribbean is further expanding its presence in Asia with the return of Voyager of the Seas. Beloved by Chinese vacationers, Voyager of the Seas will be seasonally homeported in Hong Kong from January to February 2028, offering a new lineup of itineraries tailored to the Chinese New Year holiday and the peak winter school holiday travel season. The deployment will bring Voyager of the Seas and Spectrum of the Seas together in Hong Kong for a two-ship deployment, giving vacationers from China and across Asia more opportunities to set sail from this regional cruise hub and explore a diverse range of destinations. Related sailings are now open for bookings in China.

Voyager of the Seas will be seasonally homeported in Hong Kong from January to February 2028
Voyager of the Seas will be seasonally homeported in Hong Kong from January to February 2028

 “Asia is home to remarkable destinations, flavours and cultures the world over wants to experience,” said Benjamin Bouldin, President of Greater China and Managing Director Asia, Royal Caribbean. “We have long believed in Hong Kong as an ideal international cruise hub for Asia. With the return of Voyager of the Seas joining Spectrum of the Seas — already homeporting here — our two-ship deployment offers vacationers a broader range of Hong Kong homeport itineraries than ever before. Whether it’s a quick weekend getaway with family and friends or a longer journey discovering new destinations, or festive sailings timed for Chinese New Year, the two ships complement each other to give vacationers even more flexibility to explore the best of Asia.”

Anthony Lau, Executive Director of the Hong Kong Tourism Board (HKTB), said, “I am delighted to welcome Royal Caribbean’s further expansion of its homeport deployment in Hong Kong. In addition to the arrival of the Spectrum of the Seas next winter, the Voyager of the Seas is also set to be deployed in the city during the Chinese New Year period in 2028. This not only emphasizes Hong Kong’s appeal as a regional cruise hub and reflects the industry’s confidence in the city, but also offers visitors the opportunity to experience vibrant festive atmosphere that is ‘Only in Hong Kong’, alongside a rich array of spectacular events and attractions. HKTB will continue to drive more ship calls and deployment to Hong Kong and work with industry partners to step up promotional efforts, attract more visitors, thereby sustaining the growth momentum of Hong Kong’s tourism industry.”

Voyager of the Seas has a deep connection with the China market. In 2012, she first arrived in Shanghai, becoming one of the largest cruise ships operating from an Asian homeport at the time and witnessing and helping usher China’s cruise market into the era of mega-ships. Starting from 2014, she began homeporting at Kai Tak Cruise Terminal in Hong Kong, bringing new energy to the market and deepening Royal Caribbean’s local presence. Now, this iconic ship — which carries the cruise memories of a generation of Chinese travelers — returns to Asia with a comprehensive upgrade and a new season from Hong Kong, further demonstrating Royal Caribbean’s long-term commitment to deepening its presence in the China market and supporting Hong Kong’s development as a cruise hub.

Diverse Itineraries Covering Asia’s Bucket-list Destinations

Timed around key travel periods including Chinese New Year and winter vacation, Voyager of the Seas will offer a diverse lineup of 4- to 10-night sailings. During the Chinese New Year period, vacationers can choose 4- or 5-night getaways departing from Hong Kong, China, to Ishigaki and Okinawa, Japan, with select sailings featuring overnight stays in Okinawa, for more time to experience the destinations’ natural beauty and unique cultures. Sailings from Hong Kong, China, will also visit Taipei, China (Keelung) and Hue/Danang, Vietnam (Chan May). Vacationers can experience Taipei’s vibrant city life and local cuisine, explore the timeless charm of the ancient city of Hue, and take in the coastal scenery of central Vietnam. For those seeking deeper exploration, select sailings of up to 10 nights will connect multiple distinctive ports across Asia, bringing vibrant cities, historic landmarks, coastal landscapes and mountain scenery together in one unforgettable vacation.

Diverse Onboard Experiences for the Whole Family

Beyond the destinations, Voyager of the Seas offers a wide range of onboard experiences for vacationers of all ages. Thrill-seekers can make waves on the FlowRider surf simulator, race down The Perfect Storm waterslides, take on the rock-climbing wall and go ice-skating at Studio B, the ship’s onboard ice-skating rink. Friends and families can test their putting skills at Voyager Dunes, the ship’s nine-hole mini-golf course, or face off in a glow-in-the-dark battle with Laser Tag: Battle for Planet Z. Younger vacationers have dedicated spaces and activities at Adventure Ocean, while teens can make their own memories at the teen-focused Living Room.

For dining, vacationers can gather over Italian family-style dishes at Giovanni’s Table, savour hand-cut steaks at Chops Grille, explore sushi and Japanese-inspired flavours at Izumi, or opt for casual favourites at Windjammer and Café Promenade. Across every day at sea, Voyager gives different generations the ability to spend their holiday in their own way from high-energy thrills and family activities to dining, entertainment and time to unwind.

Two Ships Deepen Royal Caribbean’s Asia Presence

In the 2027-28 season, Spectrum of the Seas will continue to homeport in Shanghai and Hong Kong, offering 56 curated itineraries ranging from 3 to 11 nights and visiting 22 popular destinations across Asia. Among them are three warm-winter holiday sailings from Hong Kong — Thanksgiving, Christmas and New Year itineraries — giving vacationers more ways to celebrate the festive season at sea. Vacationers can take in the vibrant autumn scenery on Thanksgiving sailings, immerse themselves in the festive spirit on Christmas sailings, and enjoy seasonal highlights such as winter whale watching on New Year sailings, making every journey a memorable experience. With the two ships working together from their Hong Kong homeport, vacationers can choose from short weekend getaways to longer holiday journeys, creating a more comprehensive network of cruise options.

In 2027-28 season, Spectrum of the Seas will continue to homeport in Shanghai and Hong Kong year-round
In 2027-28 season, Spectrum of the Seas will continue to homeport in Shanghai and Hong Kong year-round

With Navigator of the Seas extending its Singapore season, Voyager of the Seas further expanding its Hong Kong deployment, and Spectrum of the Seas continuing to homeport in both Shanghai and Hong Kong year-round, Royal Caribbean will deploy four ships across the Asian market in the 2027-28 season. Together, they strengthen Royal Caribbean’s presence across three key Asian homeports — Shanghai, Hong Kong and Singapore — and further solidify brand’s leading position.

Royal Caribbean will deploy four ships across the Asian market in the 2027-28 season
Royal Caribbean will deploy four ships across the Asian market in the 2027-28 season

Building on its continually expanding network across Asia, Royal Caribbean will continue to bring more high-quality, immersive overseas vacation experiences to Chinese consumers, turning every journey at sea into a memorable opportunity to connect with loved ones and create lasting memories. At the same time, Royal Caribbean will continue to enrich its portfolio of overseas vacation products for the China market, bringing travel agency partners more quality itineraries and product choices and working together to seize new opportunities across the Asia Pacific travel market.

Starting today, bookings for Voyager and Spectrum 2027–28 season sailings are open across the China market. Vacationers can learn more and make reservations through Royal Caribbean’s official website, official WeChat mini program, Fliggy flagship store, Douyin flagship store, authorized Royal Caribbean travel agency partners, or by calling 400-885-0277.

BingX Reaches No.1 in TradFi Perpetual Assets Coverage with 500+ Listings

PANAMA CITY, Aug. 27, 2026 /PRNewswire/ — BingX, the world’s leading multi-asset trading platform, today announced that its TradFi suite has surpassed 500 listed perpetual futures assets, further strengthening its position in multi-asset trading. The milestone gives eligible users access to an expanded range of stocks, commodities, indices, and forex markets alongside digital assets, all through a single trading platform.

BingX Reaches No.1 in TradFi Perpetual Assets Coverage with 500+ Listings
BingX Reaches No.1 in TradFi Perpetual Assets Coverage with 500+ Listings

With more than 500 TradFi perpetual futures assets now available, BingX has built the largest such offering among major trading platforms, with more than 20% more listings than the second-ranked platform based on internal benchmarking. The expansion reflects BingX’s broader multi-asset strategy: bringing more markets, more opportunities, and a more connected trading experience to users in one place.

“Surpassing 500 TradFi perpetual futures assets marks another important step in our evolution toward a truly connected multi-asset trading ecosystem,” said Kevin Lee, Chief Strategy Officer at BingX. “Our ambition is not simply to offer more markets, but to make a broader range of relevant opportunities accessible through one integrated trading experience. By combining extensive market coverage with deep liquidity, we are making it easier for users to explore opportunities across both digital and traditional financial markets.”

To celebrate the milestone, BingX is launching the TradFi Trading Sprint, inviting eligible users to explore its expanded TradFi offering. Eligible participants who trade at least 1,000 USDT can share a 300,000 USDT reward pool, with individual rewards of up to 90,000 USDT.

About BingX

Founded in 2018, BingX is the world’s leading multi-asset trading platform, serving more than 40 million users worldwide. From crypto to traditional markets, BingX connects users with a broad range of assets, markets, and opportunities through one unified trading platform.

With perpetual futures, TradFi offerings, spot trading and copy trading, alongside AI-powered products and solutions, BingX delivers a reliable and responsive trading experience designed to help traders navigate evolving markets and act on opportunities with greater confidence and efficiency.

BingX has been the Principal Partner of Chelsea FC since 2024 and became the first Official Crypto Exchange Partner of Scuderia Ferrari HP in 2026.

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

More Than 160 Dead in Nepal-Tibet Flash Floods, Hundreds Still Missing

At least 165 people have died and hundreds remain missing after devastating floods and mudslides struck Nepal and Tibet.

At least 165 people have died and hundreds remain missing after a massive flash flood and mudslide struck the Nepal-China border, destroying homes, roads and bridges and disrupting a major crossing between the two countries.

The disaster hit Nepal’s Rasuwa and nearby districts on 26 August, with floodwaters and debris sweeping through settlements along the Lhende, Bhote Koshi and Trishuli rivers. Nepalese authorities said hundreds of tourists and other travelers remain unaccounted for, including nationals from India, the United States, Australia, the United Kingdom and Canada.

In Tibet’s Gyirong County, Chinese authorities reported three deaths and 558 people missing, including 260 foreigners. The mudslide also damaged the Gyirong border port, cutting roads, communications and electricity in the area.

The region is a major route for tourists and pilgrims traveling between Nepal and Tibet, including people heading toward Mount Kailash and Lake Mansarovar.

Search and Rescue

Nepal has deployed army personnel and helicopters to search for survivors and evacuate people from affected areas. Rescue teams are also assessing damage to roads, bridges and power infrastructure.

The Nepal Electricity Authority said the disaster damaged around 430 megawatts of electricity generation capacity, including hydropower and solar facilities.

The cause of the flood was initially unclear, with early reports suggesting an earthquake.

The US Geological Survey later said the seismic signal came from a glacial collapse and resulting debris flow, rather than an earthquake. Preliminary satellite analysis also indicates that an ice-and-rock landslide blocked the Lhende River before releasing a surge downstream.

Authorities are continuing to monitor the rivers for further flooding as rescue and recovery operations continue.

InfoComm India 2026 Summit to Convene 80 Experts on India’s AI-Driven Digital Leap

India’s largest Pro AV conference returns to the Jio World Convention Centre, Mumbai, 16–18 September 2026 — 80 speakers across 50-plus sessions and ten tracks, opening with Larsen & Toubro Group CIO Gopi Thangavel, with new on-site AVIXA CTS® certification. Free to attend.

MUMBAI, India, Aug. 27, 2026 /PRNewswire/ — The InfoComm India 2026 Summit, the education programme at India’s largest Professional Audiovisual (Pro AV) and integrated experience technology trade show, will convene 80 speakers across more than 50 sessions when InfoComm India 2026 takes place at the Jio World Convention Centre (JWCC) in Mumbai from 16–18 September 2026. Free to attend and spanning ten specialised tracks across three stages, the conference brings India’s Pro AV, IT and end-user communities together to learn from the practitioners, decision-makers and institutions shaping the industry.

Part of India’s largest Pro AV showcase

The Summit anchors what is on track to be the largest InfoComm India to date. The 2026 edition spans five halls across two levels of JWCC — Pavilion Halls 1 to 3 and Jasmine Halls 1 to 2 — with the show floor now exceeding 10,600 net square metres, up more than 17% on 2025. More than 300 global brands will exhibit, led by Platinum Partners BenQ, Crestron, Epson, Harman, Shure and Vega. India’s momentum underpins the programme: according to AVIXA’s 2025 Industry Outlook and Trends Analysis (IOTA), the country is Asia Pacific’s fastest-growing Pro AV market, having overtaken China, within a global Pro AV market projected to grow from US$332 billion in 2025 to US$402 billion by 2030.

InfoComm India 2026: More than 300 global brands will exhibit, led by Platinum Partners BenQ, Crestron, Epson, Harman, Shure and Vega.
InfoComm India 2026: More than 300 global brands will exhibit, led by Platinum Partners BenQ, Crestron, Epson, Harman, Shure and Vega.

Headlining the programme: India’s next digital leap

The conference opens on Wednesday 16 September with the flagship Opening Session, “Leading India’s Next Digital Leap: Technology, Infrastructure and the Intelligent Enterprise,” headlined by Gopi Thangavel, Group CIO of Larsen & Toubro (L&T) — one of India’s largest engineering and infrastructure groups. Drawing on L&T’s work across infrastructure, manufacturing and smart built environments, the session examines how artificial intelligence, automation and intelligent infrastructure are reshaping both industry and public services — and the leadership and investment required to drive India’s next wave of digital growth. Sessions then run across ten tracks, from audio, digital signage and broadcast to unified communications, immersive technology, AI, enterprise IT and cybersecurity.

InfoComm India Summit opens on Wednesday 16 September with the Opening Session, “Leading India's Next Digital Leap: Technology, Infrastructure and the Intelligent Enterprise,” headlined by Gopi Thangavel, Group CIO of Larsen & Toubro (L&T) — one of India's largest engineering and infrastructure groups.
InfoComm India Summit opens on Wednesday 16 September with the Opening Session, “Leading India’s Next Digital Leap: Technology, Infrastructure and the Intelligent Enterprise,” headlined by Gopi Thangavel, Group CIO of Larsen & Toubro (L&T) — one of India’s largest engineering and infrastructure groups.

Featured sessions

  • “Securing the Intelligent Workplace: Zero Trust for AV, IT & Collaboration” — Giri Kumar, India Head of IT/AV Engineering, Commonwealth Bank of Australia
  • “The Most Expensive Room in the Building: Rethinking Collaboration in the AI Era” — Holger Reisinger, Senior Vice President, Video Business Unit, Jabra
  • “The Pulse of Digital Signage: Global Trends, Managed Solutions & the Future of AI” — Florian Rotberg, Managing Director, invidis consulting
  • “How 5G and IoT Are Transforming Connected AV Experiences” — edge computing and connected infrastructure, from smart workplaces to smart cities — N Ramesh, Deputy Director General (Technology), Department of Telecommunications, Government of India, and Sandeep Arora, VP Telecom Industry Platform, Capgemini
  • “AI-Ready Workplaces: How AV, IT and Workplace Leaders Are Redefining Enterprise Collaboration” — Prashant Bishnoi, AI-Powered Workplace Partner Program Manager (Asia), Microsoft
  • “The Future of Experience: Technology, Storytelling and Human Connection” — Stephen Thomas Cavit, President, Themed Entertainment Association (TEA) Asia Pacific Board
  • “Smart Learning: AV Technology Transforming the Indian Classroom” — hybrid classrooms and smart campuses across higher education and K-12

Aligned with India’s national digital agenda

The 2026 programme leans into India’s national priorities. Sessions are co-organised with the Computer Society of India (Mumbai Chapter) on enterprise IT and cybersecurity; ICT Academy on skills and workforce readiness; invidis consulting on digital signage; and the Themed Entertainment Association (TEA) on immersive experience. Together with sessions on 5G, IoT and smart infrastructure, the programme speaks directly to the technology behind India’s Digital India — spanning the public sector, retail, healthcare and education. In all, it comprises 18 panel discussions and 22 expert presentations, plus the returning Smart Tech Stage.

Community and networking: Xchange LIVE

Beyond the sessions, the Summit hosts the AVIXA Xchange LIVE programme of community meet-ups — Newcomer, CTS and AV/IT gatherings, plus a Women’s Council meet-up — giving first-timers and seasoned professionals dedicated space to connect. It closes on Friday 18 September with a professional-development session, “InfoComm India AV Futures,” on where the industry goes next.

New for 2026: earn your CTS certification on-site

New this year, professionals can sit industry certification exams at the show for the first time. AVIXA will run on-site certification testing for the Certified Technology Specialist (CTS®, CTS-D and CTS-I) and Audiovisual Network Professional (ANP®) certifications, alongside prep courses for newcomers and experienced practitioners alike. The CTS credential is a globally recognised AV qualification held by more than 15,000 professionals worldwide and accredited to the ISO/IEC 17024 standard.

Exams run at JWCC on Wednesday 16 and Thursday 17 September (9:00 AM–12:00 PM and 2:00–5:00 PM IST) and Friday 18 September (9:00 AM–12:00 PM IST). Certified attendees can also earn Renewal Units (RUs) for the sessions they attend — on average five RUs per visit, making the show a fast route to maintaining certification.

The InfoComm India Summit has become the place where India’s AV and IT community comes to learn — and to lead. For 2026, it has paired the industry’s biggest conversations — AI, intelligent infrastructure and immersive experience — with the hands-on skills and certifications professionals need to act on them, so attendees can apply their learnings the very next day.

Registration

Visitor registration is free and open now. AV, IT and technology professionals can register to attend, and experience India’s vision for the future of Pro AV.

#InfoCommIndia2026  #TechMeetsTribe

About InfoComm India

Since its inception in 2013, InfoComm India has grown into the country’s leading platform connecting manufacturers, distributors, technology providers, system integrators, consultants, end users, enterprise buyers and government stakeholders across the Pro AV and integrated experience technology industry. It is one of three marquee events operated by InfoCommAsia Pte Ltd across the Asia Pacific region, alongside InfoComm China in Beijing and InfoComm Asia in Bangkok. Each show pairs a comprehensive exhibition with a Summit conference programme offering education on the latest industry trends and best practices.

About AVIXA

AVIXA® (the Audiovisual and Integrated Experience Association) is the international trade association representing the professional audiovisual and integrated experience industry. Founded in 1939 and now home to more than 3,000 enterprise members representing over 20,000 AV professionals across more than 80 countries, AVIXA is the industry’s leading resource for standards, certification, training, market intelligence and thought leadership. InfoComm Asia serves as AVIXA’s flagship gathering for its communities across the region.

For more information, visit:

infocomm-asia.com | infocomm-china.com | infocomm-india.com