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Data center demand continues as land, power constraints drive push into new markets

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Laotian Times
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HONG KONG SAR – Media OutReach Newswire – 12 April 2024 – Cushman & Wakefield has released its annual Global Data Center Market Comparison report, with Japanese markets outranking other Asia Pacific counterparts in both the Established and Emerging market categories.

In the Established markets category, Tokyo ranked third globally behind Virginia and Atlanta, with Mumbai placing seventh and Sydney ninth. Osaka ranked fourth in the Emerging markets category, with Hyderabad in eighth place and Bangkok in tenth.

Now in its fifth year, the 2024 report has an updated methodology to better reflect the rapid changes in both headwinds and tailwinds shaping the data center market. High weight factors include power availability, land availability and market size; mid weight factors include development pipeline, land price, power cost and cloud availability/operator presence.

Thirty APAC markets were included in the report, including new entrants Auckland, Batam, Brisbane, Perth, Pune and Taipei.

Asia Pacific highlights

While Singapore and Hong Kong remain in the Asia Pacific Top 10 Established markets, both have fallen out of the global ranking because of their constrained land supply, with neighbours in Malaysia (Johor) and Indonesia (Batam) consequently benefiting from their geographical proximity to Singapore.

Mumbai, Tokyo and Jakarta have jumped up the rankings as some of the most rapidly growing markets with each scoring well in absorption, development pipeline and vacancy. Within the emerging markets category, Osaka, Chennai and Hyderabad benefited from high competition for sites in neighbouring hotspots Tokyo and Mumbai.

The report shows all three regions—the Americas; Europe, the Middle East and Africa; and Asia Pacific—are expected to see existing capacity more than double. Asia Pacific currently has 10.6 GW operational capacity, with a development pipeline of an additional 13.3 GW expected to be realized in the coming five-to-seven years.

John Siu, Cushman & Wakefield’s Hong Kong Managing Director and Hong Kong Lead – Asia Pacific Data Centre Advisory Team, said:

“Hong Kong, a major player in the Asia Pacific region, stands strong in the regional ranking alongside Tokyo, Sydney, Singapore, and Beijing. The demand for high-tier data centers in Hong Kong remains robust, driven by the need to support cloud computing services. This demand is underscored by two significant en-bloc leasing transactions totaling over 300,000 square feet in 2023. BDx secured the en-bloc industrial building at 38 Wing Kei Road in Kwai Chung, while AirTrunk committed to the entire San Miguel Industrial Building in Shatin for their wholesale data center conversion projects. With continuous technological advancements and a surge in hyperscale activity, Hong Kong’s data center market is poised to become a dynamic hub for cutting-edge services, fostering long-term growth and global competitiveness.”

Cushman & Wakefield’s Managing Director and Head, Asia Pacific Data Centre Advisory Team Vivek Dahiya further added:

“Hyperscale activity has continued to add significant capacity to pipelines across markets like Mumbai, Tokyo, Sydney and Jakarta. As with other regions, we are also seeing growing interest in smaller markets. Emerging markets including Osaka, Hyderabad, Johor and Bangkok in particular are seeing growth. At a country level, Singapore is on track to join mainland China, Japan, Australia and India as markets with over 1GW in operational capacity in 2024.”

Hashtag: #CushWake

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

About Cushman & Wakefield

Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In Greater China, a network of 23 offices serves local markets across the region. In 2023, the firm reported revenue of $9.5 billion across its core services of valuation, consulting, project & development services, capital markets, project & occupier services, industrial & logistics, retail and others. It also receives numerous industry and business accolades for its award-winning culture and commitment to Diversity, Equity and Inclusion (DEI), sustainability and more. For additional information, visit or follow us on LinkedIn ().

ONYX Hospitality Group Announces Expansion to the Shama Portfolio: Shama Rayong: The first Shama in Thailand outside of Bangkok

By
Laotian Times
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Capitalising on the Demand for Serviced Apartments in Key International Business Areas


BANGKOK, THAILAND – Media OutReach Newswire – 3 April 2024 – ONYX Hospitality Group, the leading hospitality management company, is delighted to announce the expansion of its renowned Shama brand with the launch of Shama Rayong, capitalising on the demand for serviced apartments.

The signing ceremony took place on 1st April 2024 at Amari Bangkok, with the new property expected to welcome its first guests from Q1 2026. Shama Rayong marks a significant milestone for the brand and expanding its footprint in Thailand. The company recognises the increasing demand for serviced apartments, particularly in the post-pandemic era, and is confident that this new addition will be a welcome hub catering primarily to meet the needs of both long-stay expatriates working in the nearby industrial estates, business parks and those visiting for short-stay business purposes. The new addition is a continuation of the Shama brand’s success in Thailand. There are currently 6 Shama properties in Thailand, whilst the brand also operates in Hong Kong, mainland China and Malaysia.

Rayong is a city on the east coast of the Gulf of Thailand and the capital of Rayong province. Southeast of Bangkok, it is an important industrial area in Thailand. Rayong emerges as a pivotal player in Thailand’s transformative Eastern Economic Corridor (EEC), joining forces with other Thai provinces, Chonburi and Chachoengsao, to spearhead the nation’s manufacturing, research, and service sectors. Situated at the heart of this ambitious initiative, Rayong is poised to become a bustling hub, intricately linked with its ASEAN counterparts and global markets.

Located on a convenient route connecting Rayong City Center and the Map Ta Phut Industrial Estate, Shama Rayong is within close proximity to major industrial estates and business parks like WHA Rayong 36 and CPGC, allowing for a seamless commute within a 15-20 minute drive. Ideal for expatriates with school-aged children, international schools such as St. Andrews International School, Green Valley, and Singapore International School, Rayong are all within a 20-minute drive. A tranquil area, Shama Rayong’s location offers a peaceful atmosphere, a welcome respite after a busy day. When it comes to exploring during downtime, the vibrant Rayong City Center is just a 30-minute drive away. The property will feature over 150 room keys encompassing Studio, One-Bedroom and Two-Bedroom apartments, a restaurant, swimming pool, gym and meeting rooms, alongside all the welcoming signature touches guests have come to expect from the Shama brand.

Shama, a serviced apartment brand, provides its residents with a combination of comfort, style, and luxury. Each Shama apartment has been thoughtfully designed to cater to the discerning tastes of executives and travellers who seek more than just contemporary lodging, instead creating a cosy, homely haven. Shama is more than just a residence; it’s a hub for building relationships with the local community and fostering an environment that promotes socialising and sharing among residents and community members, alike. Whether a brief visit or settling in for an extended stay, everyone is embraced as part of the Shama family.

Shama Social Club is an essential component of Shama’s portfolio proposition and a key differentiator, inspiring community spirit and connecting guests to each of Shama’s distinct locations. The Shama Social Club enhances guest experiences by connecting them to each unique neighbourhood. It is built on Shama’s three main pillars: Contemporary living, featuring bespoke interior design that is both practical and stylish; Without boundaries, offering activities and programs to acclimate residents to the locale; and Thoughtful gestures, including considerate touches that help residents connect to the environment and feel at home from the first day of their stay.

Commenting on launch of Shama Rayong, CEO of ONYX Hospitality Group, Mr. Yuthachai Charanachitta stated,

“We are thrilled to unveil Shama Rayong, marking a pivotal moment for the Shama brand, in response to the growing demand for serviced apartments, particularly in the business travel segment. Shama Rayong will cater to a diverse clientele, offering a seamless blend of comfort, convenience, and local immersion for both business travellers and expatriate families. We are confident that Shama Rayong will become a vibrant hub for residents and a testament to the exceptional experiences the Shama brand consistently delivers.

As part of our broader vision, ONYX Hospitality Group aims to solidify its position as ‘The Best Medium-sized Hospitality Management Company in Southeast Asia,’ reflecting our commitment to excellence and continuously elevating the standards of hospitality in the region. As Thailand’s leading company specialising in the management of hotels, resorts, serviced apartments, and luxury residences, featuring renowned brands such as Amari, OZO, Shama, and Oriental Residence, we have an exceptional track record in managing hotels, resorts, and serviced apartments across diverse countries in the Asia Pacific region. Shama Rayong is another key development showcasing our dedication to expansion in Southeast Asia, whilst simultaneously ensuring we provide exceptional guest experiences and foster sustainable practices.”

Commenting on the launch of Shama Rayong, Owner of Dream D Co. Ltd, Mr. Damrong Pitaksit stated,

“We are pleased to be working with the team at ONYX Hospitality Group in developing a new upscale serviced apartment in Rayong with a strong hospitality brand like Shama. Our development expertise combined with ONYX Hospitality Group’s international experience and strong network in the hospitality sector with the Shama brand will produce a unique product and experiences in Rayong. We have witnessed and been impressed with the focused expansion of ONYX Hospitality Group across Thailand and the Southeast Asian region, and look forward to working with them. I believe this is the beginning of a strong and long-lasting business partnership with ONYX Hospitality Group in the future”.

With a profound commitment to ‘A Tailored Approach to Hospitality,’ ONYX Hospitality Group’s distinctive vision of being ‘the best medium-sized hospitality management company in Southeast Asia’ sets it apart from competitors. This ethos permeates every facet of ONYX Hospitality Group’s operations, ensuring guests receive unmatched service and experiences that surpass expectations.

ONYX Hospitality Group is committed to expanding the Shama brand whilst continuously evolving and striving to provide guests with the exceptional service and amenities that they have come to expect. ONYX Hospitality Group currently operates 16 Shama properties in the prominent locations of Hong Kong, Bangkok, Hangzhou, Changchun, and Daqing, with another 5 properties under construction. Additional upcoming openings include:
– Shama Medini – Malaysia
– Shama Suasana Johor Bahru – Malaysia
– Shama Hub Metro South – Hong Kong
– Shama Hub Qiantang Hangzhou – China
– Shama Rayong – Thailand

For more information on ONYX Hospitality Group, visit www.onyx-hospitality.com.

Hashtag: #ONYXHospitalityGroup

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

VinFast officially begins sales of VF DrgnFly electric bike in the U.S.

By
Laotian Times
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LOS ANGELES, USA – Media OutReach Newswire – 12 April 2024 – VinFast Auto (Nasdaq: VFS) today announces it will begin selling its VF DrgnFly electric bike in the U.S. by late April with a listed price of $2,599. Following the bike’s unveiling at the Consumer Electronics Show (CES) in January 2024, the sales launch of the VF DrgnFly confirms its strong relevance to the U.S. market and its potential to be at the forefront of the global green transportation revolution.

Caption


The VF DrgnFly boasts an impressive appearance and advanced technological features and strongly affirms VinFast’s commitment to bringing exciting and intelligent mobility solutions to American consumers. The launch also marks another step in VinFast’s expansion in the U.S., the world’s most vibrant electric vehicle market with strong consumer awareness in sustainable mobility.

The bike’s design is inspired by the image of a flying dragon in the Vietnamese culture. The VF DrgnFly features a wide handlebar, balloon tires, and an ergonomically designed saddle, optimizing the riding experience in any type of journey. The VF DrgnFly also utilizes a flat frame rather than a traditional tube frame, boasting a distinctive aesthetic for the bike while still prioritizing an optimal balance between weight and durability. This design approach, which required the use of advanced fabrication techniques, demonstrates VinFast’s world-class manufacturing capabilities.

As a smart electric bike, the VF DrgnFly supports a mobile application that allows riders to enjoy a range of smart features, including multiple driving modes, ride statistics records, and opening/locking with special modes. Over-the-air (OTA) software updates will ensure the bike is continuously enhanced to bring a superior experience for consumers.

Caption

Powered by a 750W rear hub motor, a single-speed gearbox, and a torque sensor, the VF DrgnFly offers a smooth and responsive riding experience with a top speed of up to 28 mph (45 km/h)*. The torque sensor adapts to each input, detecting changes in force of up to 16,000 times per second, far surpassing the capabilities of traditional sensors found in conventional electric bikes.

The VF DrgnFly has an impressive range of up to 68 miles (110 km)* on a single charge supported by an advanced energy optimization system allowing riders to travel longer distances. The bike also comes with a home charger and a removable lithium-ion battery, providing convenience to consumers.

Customers can order the VF DrgnFly through VinFast’s dealer network in the U.S. Committed to delivering high-quality products and outstanding after-sales service, VinFast offers one of the best warranty policies in the market, a two-year warranty.

Mr. David Duncan, Vice President of Sales and Marketing, VinFast U.S., said: “The official launch of the VF DrgnFly in the U.S. exemplifies our unwavering commitment to bringing electric mobility to everyone. By offering a sustainable, smart, and personalized mobility option, we are embracing the green transportation revolution, paving the way for a healthier and more vibrant future.”

Building on VinFast’s comprehensive range of smart electric vehicles, the VF DrgnFly will provide various sustainable mobility options and bring electric transportation closer to American consumers.

In addition to growing in key markets such as the U.S., Canada, and Europe, VinFast is actively expanding into Vietnam’s neighboring countries in Asia such as India, Indonesia, Thailand, the Philippines, as well as the Middle East and Africa. Outside of Vietnam, VinFast is also aiming to accelerate the construction of EV manufacturing plants in the U.S. and India, and will establish a plant in Indonesia.

For detailed product information, please visit: https://vinfastauto.us/vehicles/e-bike

(*) Note: Rideable distance may vary depending on external factors such as speed, driving style, passengers, load weight, tire condition, weather conditions, and road conditions. Top speed is also subject to external factors and local regulations.

Hashtag: #VinFast

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

About VinFast

VinFast – a member of Vingroup – envisioned to drive the movement of the global smart electric vehicle revolution. Established in 2017, VinFast owns a state-of-the-art automotive manufacturing complex with scalability that boasts up to 90% automation in Hai Phong, Vietnam.

Strongly committed to the mission for a sustainable future for everyone, VinFast constantly innovates to bring high-quality products, advanced smart services, seamless customer experiences, and pricing strategy for all to inspire global customers to jointly create a future of smart mobility and a sustainable planet. Learn more at:

5000 Ethena ENA Tokens Distributed, Marking a 368% Surge: AlphaX Celebrates Success of Inaugural Airdrop Event

By
Laotian Times
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AlphaX Exchange proudly announces the triumphant conclusion of its inaugural airdrop event


ADELAIDE, AUSTRALIA – Media OutReach Newswire – 12 April 2024 – AlphaX Cryptocurrency Exchange proudly announces the triumphant conclusion of its inaugural airdrop event, a testament to its commitment to providing value-driven opportunities to users. The event witnessed the distribution of 5000 ENA tokens, resulting in an astounding surge of 368%, highlighting the overwhelming response from the community.

The top recipient of the event was awarded 1000 ENA tokens, emerging as the frontrunner in this exciting journey towards wealth creation.
Continued Commitment to Value-Driven Airdrop Events
As a pioneer in the cryptocurrency trading landscape, AlphaX Exchange reaffirms its dedication to empowering users with value-driven opportunities. Following the success of the inaugural airdrop event, AlphaX is thrilled to announce that it will continue to roll out a series of airdrop events, offering users the chance to participate in the next wave of wealth creation.
Next Airdrop Event Launching April 15, 2024
Save the date! AlphaX Exchange is gearing up to launch its next airdrop event on April 15, 2024. Stay tuned for updates on this highly anticipated event, as AlphaX continues its mission to redefine the standards of excellence in the crypto space.

Hashtag: #airdrop #alphax #ena #crypto #slerf #bome #pepe #bonk #wif #doge #sol





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

About AlphaX

is a pioneering cryptocurrency trading platform dedicated to discovering and promoting value-driven cryptocurrencies. With a strong foundation built by industry veterans and a commitment to user security and satisfaction, AlphaX is your gateway to the future of investment. Join us as we continue to explore the frontier of the crypto market, one successful airdrop at a time.

The Hong Liang Art Museum at NTHU Set to Open Next Year

By
Laotian Times
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HSINCHU, TAIWAN – Media OutReach Newswire – 11 April 2024 – The beam-raising ceremony was held for the Hong Liang Art Museum at National Tsing Hua University (NTHU) in Taiwan. The main structure is nearing completion and is expected to open in the first half of next year, becoming a new aesthetic landmark in Hsinchu.

The beam-raising ceremony for the Hong Liang Art Museum was held by NTHU, with President W. John Kao (right), donor Chairman Hong-Liang Hsieh, Mrs. Fen-Ching Chiu (center), and former President Hocheng Hong (left), praying for the project's success. (Photo: National Tsing Hua University)
The beam-raising ceremony for the Hong Liang Art Museum was held by NTHU, with President W. John Kao (right), donor Chairman Hong-Liang Hsieh, Mrs. Fen-Ching Chiu (center), and former President Hocheng Hong (left), praying for the project’s success. (Photo: National Tsing Hua University)

In addition to international exhibitions, the museum will also hold lectures, and other artistic and cultural activities, enlivening the art scene on campus while providing faculty, students, and the public with an opportunity to experience contemporary art treasures.
The museum is named after its main benefactor, alumnus Hong-Liang Hsieh, chairman of Scientech Corporation. Hsieh graduated from the Department of Physics in 1973 and was the first recipient of the Outstanding Alumni Award from the College of Science.
Accompanying Hsieh at the ceremony were his wife and the director of Scientech. In his speech, Hsieh said that NTHU is leading a renaissance, and the Hong Liang Art Museum is an important part of it. Combined with the concert hall and existing museum, NTHU is set to become a showpiece for the seamless integration of academia with the arts and humanities.
A priority in Hsieh’s vision for the art museum is sustainability. He emphasized that in addition to having goals, a cultural institution must also have a strong sense of mission and be able to continuously invest manpower, funds, and enthusiasm. With this in mind, he called on the entire school to “make the NTHU Renaissance movement a big success!”
After thanking Hsieh for his generous donation, President W. John Kao said that art is a kind of dialogue with beauty, stories, oneself, and the world. He added that with the opening of the new art museum, faculty and students will be able to have this kind of artistic dialogue right on campus every day without having to go abroad so aesthetic literacy will become deeply rooted throughout the NTHU community.
Designed by a team of architects led by Hsu-Yuan Kuo and Effie Huang, the museum will have the appearance of three earth-toned boxes rising out of the greenery opposite the Tsing Hua Laboratory.
The museum will have two stories above ground and one below, providing about one thousand pings (3,300 square meters) of floor space. The exterior walls of the first floor will be in the form of a glass curtain, and the elevators and stairs will also use transparent materials, allowing the greenery and natural light to enter the interior space.
Museum curator Su-Zhen Xie said that the building’s impressive architectural design is ideal for a large art museum and that its brisk spatial arrangement will be a boon for curating exhibitions.
The current plan is to hold at least one major international exhibition every year, with several small and medium-sized exhibitions in between, to maintain the museum’s visibility and vitality.
Xie said that the café on the first floor of the museum will have a ceiling height of 6 meters and that it is expected to become one of the most romantic university cafés in Taiwan, where faculty, students, and visitors can enjoy premium coffee while admiring the campus lawn and cherry trees through the floor-to-ceiling windows. Xie also said that she is planning to hold “Embassy Night,” especially for ambassadors and international cultural figures.
Xie said that the top floor of the museum will be ideal for holding parties, talks, and other activities, such that “students will come to see the museum as their second home—a great place to watch the stars and fall in love.” Her vision is of a museum space with a lively and diverse atmosphere that attracts faculty and students alike. The museum will also serve as an educational resource for students majoring in museum studies and art administration in the Department of Arts and Design.
During her several decades in the field, Xie has served as the curator of various major art museums, including the Museum of Contemporary Art in Taipei and the Central Academy of Fine Arts in Beijing.
The main structure of the museum is almost finished, and the next phase of the project will include interior work and landscaping. The museum is expected to be completed in the first half of next year.

Hashtag: #NTHU #Taiwan #museum



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

Victory Securities invests over 10 million HKD to develop the first Hong Kong stock & VA trading app – VictoryX

By
Laotian Times
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And announced to be the first and only brokerage firm authorized token-in-token-out

HONG KONG SAR – Media OutReach Newswire – 11 April 2024 – Victory Securities (“Victory”) announced the launch of its first securities and virtual assets trading app in Hong Kong – VictoryX (Chinese name: 勝利通) , the first licensed corporation in Hong Kong to offer a single app for asset allocation on securities and virtual assets at the same time. Victory also announced that it is the “first broker-dealer in Hong Kong” to be authorized by the Securities and Futures Commission (SFC) to provide token-in-token-out to retail clients. At the end of last year, Victory was approved by the SFC to provide retail investors with virtual asset trading, distribution of virtual asset related products and consulting services, and now retail investors can freely trade investment products in various markets, including virtual assets, Hong Kong stock and U.S. stock markets, etc., and trade virtual assets at their doorsteps through one platform. Clients are also expected to deposit & withdraw the cryptocurrencies via the APP within a short period, realizing a comprehensive allocation of traditional financial and virtual assets.
With the expiry of the licensing application period of the Hong Kong Securities and Futures Commission (SFC)’s regulatory regime for virtual asset trading platforms at the end of February, the virtual asset industry in Hong Kong will be fully regulated, providing investors with protection for their virtual assets and transactions. As a leading virtual asset licensed corporation in Hong Kong, Victory was the first to be granted the relevant licenses for virtual asset business (No. 1 (Virtual Asset Trading), No. 4 (Virtual Asset Advisory Services) and No. 9 (Virtual Asset Management Services) last year. As early as a year ago, Victory has already established a it’s own R&D Team, and spent tens of millions Hong Kong dollars to develop its own trading app – VictoryX. Victory hopes to lead investors from the Web 2.0 traditional financial services, through its simple operation process to easily allocate Web 3.0 assets. Both the mobile app and desktop trading system have been fully upgraded to provide trading services in major markets such as virtual assets, Hong Kong stocks, US stocks, etc., and will soon be expanded to include China Connect and Global Stock Markets, to assist clients capture market opportunities and global asset allocation seamlessly and in real time.

Victory is the first securities & virtual assets trading APP in Hong Kong, Mr. Kennix Chan the Executive Director of Victory Securities, said that he spent over 10 million HKD to develop the APP.
Victory is the first securities & virtual assets trading APP in Hong Kong, Mr. Kennix Chan the Executive Director of Victory Securities, said that he spent over 10 million HKD to develop the APP.

Victory Securities participated in the Web3 Festival from April 6 to 9, and was the only licensed corporation that provide trade securities and virtual asset trading services at the same time and connected virtual asset trading to multiple exchanges. Clients were invited to try out the APP on-site and the response was overwhelming, with over 1,000 account opening enquiries received. On April 10th, Victory Securities held another APP launch party to announce the official release of its securities and virtual asset trading APP VictoryX. Meanwhile, Victory Securities announced that it has been approved by the Securities and Futures Commission (SFC) to allow the deposit and withdrawal virtual asset, making it the first and the only broker-dealer to provide such service in Hong Kong.
Victory is the only participant in Web3 Festival that can connect to multiple licensed exchanges, provide secure deposit/withdrawal of funds and securities & virtual asset trading all in one app, which has received an unprecedented number of enquiries and enthusiastic response.
Victory is the only participant in Web3 Festival that can connect to multiple licensed exchanges, provide secure deposit/withdrawal of funds and securities & virtual asset trading all in one app, which has received an unprecedented number of enquiries and enthusiastic response.

Victory Securities hosted App Launch Party on 10th April at Lan Kwai Fong, Central and invited nearly 200 guests to attend.
Victory Securities hosted App Launch Party on 10th April at Lan Kwai Fong, Central and invited nearly 200 guests to attend.

A group of traditional financial & web3 celebrities showed up to witness the new milestone of the financial industry in Hong Kong. From left: Mr. Casper Mok, Mr. Felix Man, Mr. Kennix Chan, Ms. Agnes Wu, Mr. Kenny Tang
A group of traditional financial & web3 celebrities showed up to witness the new milestone of the financial industry in Hong Kong. From left: Mr. Casper Mok, Mr. Felix Man, Mr. Kennix Chan, Ms. Agnes Wu, Mr. Kenny Tang

VictoryX is designed to address the pain points of traditional financial investors by solving the problem of complicated operations faced by newcomers to the virtual asset market in the past. Instead of having to find a OTC store, they can directly open an account and deposit funds for trading, which is a one-stop process that can be accomplished online, and at the same time, their assets can be safeguarded. Victory has also teamed up with a leading international virtual assets information media to provide investors with the latest news on the virtual assets market, solving the problem of scattered information in the market in the past. The launch of the mobile trading application combining securities and virtual assets is a small step for Victory Securities to enter the virtual asset market. In the future, Victory will continue to improve its functions and strive to provide more diversified investment products with fintech and Web 3.0 components.
Mr. Kennix Chan, Executive Director of Victory Securities, said at the app launch party, “In recent years, investors’ demand for a secure and sophisticated trading platforms has been on the rise, so Victory Securities has invested tens of millions of dollars to create a market-unique securities and virtual asset trading app, which, together with the approval from the Securities and Futures Commission to allow Victory to provide token-in-token-out services to clients, is expected to be an even greater success for Victory Securities in the virtual assets space. The successful development of the APP by our in-house R&D team is not only a big step forward for Victory Securities in Fintech area, but also signifies that the local licensed corporation has the courage to innovate in the midst of adversity, and is heading towards the goal of becoming the most influential virtual asset broker-dealer in Hong Kong and even in the Asia Pacific region,” said Mr. Chan.
Victory Securities is now actively developing virtual asset-related investment products and technology solutions, such as the BTC Cycle Fund launched earlier and the ETF and Algo trading system planned to be launched, which are targeted at different levels of investors. Victory Fintech Company Limited (VDX), a company in which Victory has a stake, has also taken the lead in forming a professional team since 2020, specializing in the development of virtual asset Exchange with a view to develop a comprehensive ecological layout for the Web3 industry for retail investors, professional investors and enterprises.
VictoryX勝利通

Hashtag: #VictorySecurities #VictoryX #Web3 #Crypto #VirtualAsset





Wechat: 勝利策略

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

About Victory Securities

Victory Securities (stock code: 8540.HK), with over 50 years of history, is a comprehensive full-licensed securities firm licensed by the Securities and Futures Commission, with regulated activities under Type 1, Type 2, Type 4, Type 6, and Type 9. Investors can enjoy Victory Securities’ comprehensive financial services, including Hong Kong and global securities trading, first and second market securities financing, corporate financing (capital markets and bond capital markets), wealth management in various fields. In 2023, Victory Securities became the first and currently only licensed entity in Hong Kong to hold virtual asset trading, advisory, and asset management service licenses issued by the Securities and Futures Commission.

Galaxy Macau’s Sakura Cultural Festival Blooms with Romantic Spring Vibes, Transforming into a Must-visit Spot Brimming with Japanese Charm

By
Laotian Times
-

MACAU SAR – Media OutReach Newswire – 11 April 2024 – In the enchanting embrace of spring, cherry blossoms unfurl their delicate petals in a symphony of beauty. With the support of the Consulate-General of Japan in Hong Kong, Galaxy Macau™ Integrated Resort (“Galaxy Macau”) proudly unveils the Sakura Cultural Festival. From April 24 to May 5, coinciding with the zenith of Japan’s cherry blossom season, this festival promises a multifaceted celebration of Japanese cuisine, artistry, and tradition. It beckons both Macau locals and tourists to immerse themselves in a realm of cherry blossoms, offering an oasis of cultural enrichment. This endeavor underscores Galaxy Macau’s commitment to supporting the diversified development of Macau’s tourism industry, further embellishing its stature as the “World Center of Travel and Leisure” and “UNESCO Creative City of Gastronomy”.

Galaxy Macau is unveiling the Sakura Cultural Festival, creating a golden week hotspot brimming with Japanese charm.
Galaxy Macau is unveiling the Sakura Cultural Festival, creating a golden week hotspot brimming with Japanese charm.

The Sakura Cultural Festival is centered at the East Square of Galaxy Macau, where guests are greeted by pink cherry blossom-themed decorations, setting the stage for a rich Japanese cultural experience. Dozens of exhibitors from Tokyo, Osaka, Aomori, Tokushima, Kagawa,and other regions of Japan, along with local businesses in Macau, will offer a diverse range of Japanese delights, from whimsically themed snacks to time-honored classics and contemporary fare. A centerpiece attraction is the sake vending machine, offering over 50 varieties of Japanese sake. During the festival, Hotel Okura Macau will host a limited-time pop-up store, featuring Japanese specialties such as Nagasaki castella cakes from Nagomi, Kyoto craft beer, and selected sake. As a special treat, patrons purchasing any two items from the pop-up store can savor a cup of Japanese charcoal-roasted coffee for a nominal fee of just MOP 1 dollar. Complementing these epicurean indulgences are interactive games and cultural performances. Adding to the festive ambiance, endearing mascots adorned in traditional Japanese attire will grace the event, offering photo opportunities for guests.

The Sakura Cultural Festival is centered at the East Square of Galaxy Macau, where guests are greeted by pink cherry blossom-themed decorations, setting the stage, also a myriad of immersive workshops including crafting kites, and omamori charms, or donning stylish Japanese yukatas for a rich Japanese cultural experience during the event period. (Stock photos for reference)
Sakura Cultural Festival is centered at the East Square of Galaxy Macau, where guests are greeted by pink cherry blossom-themed decorations, setting the stage, also a myriad of immersive workshops including crafting kites, and omamori charms, or donning stylish Japanese yukatas for a rich Japanese cultural experience during the event period. (Stock photos for reference)
The Sakura Cultural Festival is centered at the East Square of Galaxy Macau, where guests are greeted by pink cherry blossom-themed decorations, setting the stage, also a myriad of immersive workshops including crafting kites, and omamori charms, or donning stylish Japanese yukatas for a rich Japanese cultural experience during the event period. (Stock photos for reference)

Over the festival weekends and on Labor Day, guests can partake in a myriad of immersive workshops, crafting kites, and omamori charms, or donning stylish Japanese yukatas. Galaxy Macau, in collaboration with the Consulate-General of Japan in Hong Kong, will host an exclusive Japanese flower arrangement experience at Hotel Okura Macau, showcasing the graceful artistry of ikebana, allowing guests to bask in the serene ambiance of Japan’s vernal splendor.

Another highlight of the Sakura Cultural Festival is the exclusive four-hands Kaiseki at Yamazato, available only for one night on April 25. Helmed by Chef Tadashi Sawauchi, the Global Grand Chef of the Hotel Okura Group, and Morihiro Takeda, Executive Chef of Yamazato, Macau, this culinary extravaganza promises an exquisite fusion of seasonal flavors inspired by the resplendent colors of spring and the ephemeral beauty of Japan’s cherry blossoms. The chefs have selected some of the most sought-after treasures of Japan, transforming them into culinary sensations. The list of seasonal ingredients includes Hokkaido greenling much loved for its firm and aromatic flesh; firefly squid that is only available through spring and early summer; as well as various wild vegetables and premium seafood. Also, on the menu is the beautifully marbled Saga wagyu prepared in sukiyaki style. Guests who book and pay with the ICBC Macau Galaxy Credit Card can enjoy a special discount. Seats are limited and served on a first-come, first-served basis.

Chef Tadashi Sawauchi , the Global Grand Chef of the Hotel Okura Group
Chef Tadashi Sawauchi , the Global Grand Chef of the Hotel Okura Group
Morihiro Takeda , Executive Chef of Yamazato, Macau
Morihiro Takeda , Executive Chef of Yamazato, Macau



In tandem with Yamazato, several other Japanese restaurants at Galaxy Macau will also present themed Japanese set menus, desserts, and beverages throughout the Sakura Cultural Festival. Kyo Watami, the newly inaugurated restaurant celebrated for its authentic Japanese fare, unveils a curated selection of sakura-inspired dishes, complemented by limited-edition sake, sakura cocktails, and mocktails. Meanwhile, Nagomi will elevate the indulgence with a Sakura Afternoon Tea, featuring an array of handcrafted sweets and savories in delicate pink hues, spotlighting iconic Japanese delicacies such as Sakura Shingen Mochi.

Kyo Watami, the newly opened restaurant celebrated for its authentic Japanese fare, unveils a curated selection of sakura-inspired dishes, complemented by limited-edition sake, sakura cocktails, and mocktails.
Kyo Watami, the newly opened restaurant celebrated for its authentic Japanese fare, unveils a curated selection of sakura-inspired dishes, complemented by limited-edition sake, sakura cocktails, and mocktails.

For more information, please visit the official website of Galaxy Macau at www.galaxymacau.com or follow the official social media platforms.

Hashtag: #GalaxyMacau



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

About Galaxy Macau Integrated Resort

Galaxy Macau™, The World-class Luxury Integrated Resort delivers the “Most Spectacular Entertainment and Leisure Destination in the World”. Developed at an investment of HK$43 billion, the property covers 1.1 million square metres of unique entertainment and leisure attractions that are unlike anything else in Macau. Eight award-winning world-class luxury hotels provide around 5,000 rooms, suites and villas. They include Andaz Macau, Banyan Tree Macau, Galaxy Hotel™, Hotel Okura Macau, JW Marriott Hotel Macau, Raffles at Galaxy Macau, The Ritz-Carlton, Macau, Broadway Hotel. Unique to Galaxy Macau, the 75,000-square-meter Grand Resort Deck features the world’s longest Skytop Adventure Rapids at 575 meters, the largest Skytop Wave Pool with waves up to 1.5 meters high and 150-meter pristine white sand beach. Two five-star spas from Banyan Tree Spa Macau and The Ritz-Carlton Spa, Macau help guests relax and rejuvenate.

As the dining destination in Asia, Galaxy Macau offers a wide variety of gastronomic delights, exquisite experiences and ingredients of the finest quality with over 120 dining options from Michelin dining to authentic delicacies; Galaxy Promenade is the hottest shopping destination featuring the latest in fashion and curated experiences in Macau. Spanning over 100,000 square meters, luxury flagship stores, lifestyle boutiques and our selection of labels are among the more than 200 world-renowned brands for a world-class shopping journey; Galaxy Cinemas, a 10-theatre 3D Cineplex boasting 4K laser projection; CHINA ROUGE, one-of-a-kind deluxe lounge that evokes the glitz and glamor of Shanghai’s golden era with entertainment in luxury and style; and Foot Hub presents the traditional art of reflexology to make you feel more relaxed and revitalized. For Authentic Macau Flavours & Vibrant Asian Experiences, Broadway Macau – just a 90-second walk via a bridge from Galaxy Macau, has over 35 different Authentic Macau & Asian Flavours at its Broadway Food Street. The 2,500-seat Broadway Theatre plays host to world-class entertainers and a diverse array of cultural events. Meeting, incentive and banquet groups are also well looked after with a portfolio of unique venues in Galaxy Macau and a professional service staff.

Galaxy International Convention Center (GICC) is the latest addition to the Group’s ever-expanding integrated resort precinct and will usher in a new era for the MICE industry in Macau. GICC is a world-class event venue featuring 40,000 sqm of total flexible MICE, and a 16,000-seat Galaxy Arena – the largest indoor arena in Macau.

For more details, please visit , and .

XTransfer Celebrating One-Year Anniversary in Hong Kong

By
Laotian Times
-

Establishing a Strong Presence and Participating in Hong Kong “Global Sources Consumer Electronics Show


HONG KONG SAR – Media OutReach Newswire – 11 April 2024 – XTransfer, the World’s Leading & China’s No.1 B2B Cross-Border Trade Payment Platform, celebrates its one-year anniversary in the Hong Kong market while joining the “Global Sources Consumer Electronics Show” held at the AsiaWorld-Expo. The event gathers over 2,000 top Asian manufacturers and features 4,000 booths, providing a diverse range of consumer electronics products for global buyers. Over the past year, XTransfer has been dedicated to providing global payment & collection solutions, foreign exchange services, and other financial services for Hong Kong’s foreign trade SMEs. With excellent progress, XTransfer has achieved outstanding results.

XTransfer team actively communicate with clients at the exhibition.
XTransfer team actively communicate with clients at the exhibition.

Hong Kong has frequent trade with mainland China. According to XTransfer data, in 2023, the total amount collected by the company’s mainland Chinese SME clients from Hong Kong increased by 17.2% compared to the previous year. However, in the first quarter of 2024, it showed a slight decline of 1.7% compared to the same period last year. Based on the analysis of the characteristics of XTransfer’s clients, among its mainland SME clients, the top three provinces in terms of payment collected from exports to Hong Kong in 2023 were Guangdong, Zhejiang, and Shandong, with Guangdong being the most active, accounting for 69.0% of the total payment amount received by XTransfer’s clients, followed by Zhejiang (6.5%) and Shandong (3.8%). In terms of export categories, the top three categories of SMEs’ exports to Hong Kong were apparel, integrated circuits, and lighting.

However, Hong Kong SMEs continue to encounter significant obstacles in trade settlement with Mainland China, including difficulties in opening accounts with traditional banks, high risk of fund freezing, high exchange losses, long remittance time, high remittance costs, and even being forced to remit funds through non-compliant channels. Over the past year, XTransfer has collaborated with renowned financial institutions such as J.P. Morgan, DBS Bank, and Deutsche Bank to provide compliant, efficient, convenient, and low-cost global trade payment & collection solutions, as well as other related financial services for Hong Kong SMEs engaged in foreign trade. This enables SMEs to make payments to mainland suppliers and enjoy the same level of cross-border financial services as large multinational corporations.

Speaking at the exhibition, Founder and CEO of XTransfer, Bill Deng, said, “We are delighted to participate in the “Global Sources Consumer Electronics Show” and engage with manufacturers and buyers. XTransfer’s innovative trade payment solutions have attracted considerable attention from the traders at the event. It has been nearly a year since XTransfer entered the Hong Kong market, during which our team has been committed to expanding our business in Hong Kong. We have upgraded our Hong Kong office to a service centre and expanded our local team to 50 members.”

“Now, XTransfer is actively expanding its business to more than 200 countries and regions worldwide. By collaborating with banks and payment institutions in different locations, XTransfer allows clients to receive payments from buyers in various countries using their local currency, making it more convenient and efficient. In the future, XTransfer will continue to develop its business in Hong Kong, aiming to raise awareness among more SMEs and assist in their global expansion. Apart from meeting the Pay-to-China needs of Hong Kong SMEs, XTransfer also aims to facilitate the collection needs from overseas as well, thereby supporting the export industry in Hong Kong.” Bill added.
Hashtag: #XTransfer #HongKong #CrossBorder #Payment

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

About XTransfer

XTransfer, World’s Leading & China’s No.1 B2B Cross-Border Trade Payment Platform, is dedicated to providing SMEs with secure, compliant, fast, convenient and low-cost foreign trade payment & fund collection solutions, significantly reducing the cost of global expansion and enhancing global competitiveness. Founded in 2017, the company is headquartered in Shanghai and has branches in China’s major foreign trade cities such as Hong Kong, Shenzhen and the United Kingdom, the United States, Canada, Japan, Australia, and Singapore. XTransfer has obtained local payment licenses in Hong Kong, the United Kingdom, the United States, Canada, and Australia. With more than 400,000 enterprise clients, XTransfer has become the industry No.1 in China.

By cooperating with well-known multinational banks and financial institutions, XTransfer has built a unified global multi-currency clearing network and built a data-based, automated, Internet-based and intelligent anti-money laundering risk control infrastructure centred on small and medium enterprises. XTransfer uses technology as a bridge to link large financial institutions and small and medium enterprises around the world, allowing small and medium enterprises to enjoy the same level of cross-border financial services as large multinational corporations.

XTransfer completed its Series D financing in September 2021, and the company’s current valuation exceeds USD$1.3 billion, making it a unicorn. The Company possesses a diverse composition of international investors, including D1 Capital Partners LP, Telstra Ventures, China Merchants Venture, eWTP Capital, Yunqi Capital, Gaorong Capital, 01VC, MindWorks and Lavender Hill Capital Partners.

For more information:

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