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Sinch Recognized as a Leader in the IDC MarketScape: Worldwide CPaaS 2025 Vendor Assessment

STOCKHOLM, Feb. 26, 2025 /PRNewswire/ — Sinch (Sinch AB) (publ) (XSTO: SINCH), which is pioneering the way the world communicates through its digital Customer Communications Cloud, today announced its recognition as a Leader in the IDC MarketScape: Worldwide Communications Platform-as-a-Service (CPaaS) 2025 Vendor Assessment – marking the third time in recent years the company has achieved this distinction.

The IDC MarketScape report highlights, “With its global reach and local presence in 60+ countries, Sinch has a strong foundation for reliable performance, quality service support, and regulatory expertise. Its comprehensive portfolio addresses the needs of distinctive business sizes and user groups, ranging from an advanced API suite for developers to specific use cases such as marketing campaigns, customer updates, identity and verification, and customer service.”

Innovation is at the core of Sinch’s mission to address the evolving challenges businesses face – rising customer expectations, increasing fraud threats, complex regulations, and legacy technology limitations. Through continuous product innovation, Sinch is directly addressing these pain points with our enterprise-grade Customer Communications Cloud – combining robust security and fraud prevention tools, AI-driven conversational capabilities, and our unmatched global Super Network that ensures superior quality and reliability. These innovations enable businesses of all sizes to deliver personalized, meaningful interactions across every digital touchpoint.

Sinch’s global ecosystem includes over 500 strategic integrations, with leading CRM, collaboration, contact center, and customer data platform (CDP) providers, including Adobe and SAP. The company’s AI-driven product development focuses on conversational AI, knowledge base AI, GenAI-assisted campaigns, fraud detection, and Rich Communication Services (RCS). A pioneer in RCS since 2018, Sinch recently surpassed 1 billion RCS messages and continues to accelerate adoption across its platforms.

“Sinch’s recognition as a Leader in the IDC MarketScape underscores our commitment to empowering businesses with reliable, scalable communication solutions,” said Laurinda Pang, CEO of Sinch. “Innovation is at the heart of everything we do. By enabling businesses to keep customers engaged, informed, safe, and satisfied across every channel, we help them build stronger relationships and foster lasting loyalty in every interaction, across the world.”

“Sinch’s global footprint and comprehensive offering make it a strong choice for companies seeking a CPaaS partner with deep capabilities in communication APIs, marketing, and customer engagement,” said Courtney Munroe, Research Vice President of Worldwide Telecommunications Research at IDC. “Sinch’s solutions are particularly valuable for companies with complex regulatory needs across key markets like Europe, the United States, Brazil, and India.”

To learn more about Sinch please visit the website at www.sinch.com

CONTACT: 

For more information, please contact:
Janet Lennon, Director of Global PR & Communications
janet.lennon@sinch.com  

This information was brought to you by Cision http://news.cision.com

Binance’s APAC Regional Law Enforcement Day Highlights the Power of Public-Private Collaboration in Fight Against Cybercrime

BANGKOK, Feb. 26, 2025 /PRNewswire/ — Binance, the world’s leading blockchain ecosystem behind the world’s largest cryptocurrency exchange by trading volume and users, alongside Gulf Binance, a joint venture between Binance’s subsidiary and Gulf Edge Co. Ltd., recently co-hosted the first-ever cross-regional physical law enforcement training session, gathering crime fighters from all over the APAC region in Bangkok, Thailand. The participants shared knowledge and honed skills necessary to harness the power of blockchain technology to disrupt and dismantle illicit activity.

The full-day training session featured investigations experts from Binance, law enforcement portal Kodex, leading blockchain intelligence platforms Chainalysis, TRM Labs, Elliptic and Merkle Science, as well as representatives from law enforcement agencies sharing their experiences and best practices in addressing complex cases involving digital assets. The event brought together over 120 speakers and participants from various organizations, including the Ministry of Digital Economy and Society of Thailand, UNODC, the World Economic Forum-hosted Cybercrime Atlas, and law enforcement officers from Thailand, Taiwan, Indonesia, Mongolia, Malaysia, Singapore and Australia.

Following the event, a representative from The Cyber Crime Investigation Bureau (CCIB) of Thailand shared: “The evolution of modern policing spurred by the advancement of digital technology has brought a significant change in the way crime fighters and investigators operate. It is ever more critical for law enforcement officers to be equipped with up-to-date skills and knowledge in handling crypto-related investigations. We value this opportunity that facilitates discussion and promotes engagement among key stakeholders presented by Binance.”

Jarek Jakubcek, Head of Law Enforcement Training of Binance, commented: “At Binance, we recognize that securing the digital environment is only possible through deeply collaborative efforts by both the public and private sectors, and we are dedicated to facilitating and driving such efforts. We appreciate all participants for their support and the collaborative spirit they demonstrated. Today’s event showcases the kind of broad cooperation and commitment needed to pursue justice in the digital space, and we look forward to keeping the momentum going.”

The success of Binance’s APAC Regional Law Enforcement Day underscores the company’s dedication to combating crime in partnership with the global law enforcement agencies and industry stakeholders. By fostering dialogue and building law enforcement’s capacity for crypto investigations, the event created a platform for connection, collaboration, and empowerment for the pioneers standing on the frontline against criminal activities across the APAC region.

This initiative, integrating Binance’s global network, the blockchain intelligence technology from leading tracing companies, and the insights from industry experts, demonstrated what public-private collaboration can achieve, while reflecting Binance’s steadfast commitment to user protection and building a safe and secure blockchain ecosystem for all.

ABOUT BINANCE

Binance is a leading global blockchain ecosystem behind the world’s largest cryptocurrency exchange by trading volume and registered users. Binance is trusted by more than 260 million people in 100+ countries for its industry-leading security, transparency, trading engine speed, protections for investors, and unmatched portfolio of digital asset products and offerings from trading and finance to education, research, social good, payments, institutional services, and Web3 features. Binance is devoted to building an inclusive crypto ecosystem to increase the freedom of money and financial access for people around the world with crypto as the fundamental means. For more information, visit: https://www.binance.com

ABOUT BINANCE TH by GULF BINANCE CO., LTD.

Gulf Binance Co., Ltd., a joint venture between Digital Anchor Holdings Limited, a whole subsidiary of Binance, the world’s largest cryptocurrency trading platform by trading volume, and Gulf Edge Co., Ltd., received digital asset exchange and brokerage operator licenses from Thailand’s Ministry of Finance in May 2023. Leveraging this authorization, the company proceeded to launch BINANCE TH by Gulf Binance (“BINANCE TH”) in November of the same year. With a focus on promoting digital asset adoption, ensuring user safety, enhancing digital literacy, and compliance with regulatory frameworks, BINANCE TH aims to contribute to the digital asset environment in Thailand. For additional information, visit: https://www.binance.th/th 

Waterdrop Inc. to Report Fourth Quarter and Fiscal Year 2024 Financial Results on March 12, 2025

BEIJING, Feb. 26, 2025 /PRNewswire/ — Waterdrop Inc. (NYSE: WDH) (“Waterdrop” or the “Company”), a leading technology platform dedicated to insurance and healthcare service with a positive social impact, today announced that it will report its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2024, before U.S. markets open on Wednesday, March 12, 2025.

Waterdrop’s management team will hold a conference call on March 12, 2025 at 8:00 AM U.S. Eastern Time (8:00 PM Beijing/Hong Kong Time on the same day) to discuss the financial results. Dial-in details for the earnings conference call are as follows:

International:

1-412-317-6061

United States Toll Free:

1-888-317-6003

Hong Kong Toll Free:

800-963976

Hong Kong:

852-58081995

Mainland China:

4001-206115

Chinese Line (Mandarin) Entry Number:

8850389

English Interpretation Line (Listen-only Mode) Entry Number:

2865357

Participants can choose between the Chinese and the English interpretation lines. Please note that the English interpretation option will be in listen-only mode. Please dial in 15 minutes before the call is scheduled to begin and provide the Elite Entry Number to join the call.

Telephone replays will be accessible two hours after the conclusion of the conference call through March 19, 2025 by dialing the following numbers:

United States Toll Free:

1-877-344-7529

International Toll:

1-412-317-0088

Chinese Line Access Code:

3826090

English Interpretation Line Access Code:

4441327

Additionally, live and archived webcasts of the conference call will be available at the Company’s investor relations website at http://ir.waterdrop-inc.com/.

About Waterdrop Inc.

Waterdrop Inc. (NYSE: WDH) is a leading technology platform dedicated to insurance and healthcare service with a positive social impact. Founded in 2016, with the comprehensive coverage of Waterdrop Insurance Marketplace and Waterdrop Medical Crowdfunding, Waterdrop aims to bring insurance and healthcare service to billions through technology. For more information, please visit www.waterdrop-inc.com.

For investor inquiries, please contact

Waterdrop Inc.
IR@shuidi-inc.com

Wondershare Filmora Adds Support for the latest NVIDIA GeForce RTX 50 Series GPUs features, Powering Professional-Grade Video Editing

VANCOUVER, BC, Feb. 26, 2025 /PRNewswire/ — Wondershare, a global leader in digital creativity solutions, is thrilled to announce that its popular video editing software, Wondershare Filmora, now supports the latest NVIDIA GeForce RTX 50 Series GPUs. As one of the first video editing software to support this cutting-edge technology, Wondershare Filmora aims to bring pro-grade video editing capabilities to a wider audience.

With NVIDIA GeForce RTX 50 Series GPUs, Wondershare Filmora users can experience professional-grade editing on consumer hardware. With three dedicated encoders on GeForce RTX 5090 GPUs and two on the GeForce RTX 5080 and 5070 Ti GPUs, video export speeds in Wondershare Filmora are up to 1.4 times faster than the previous generation. Additionally, hardware acceleration enabled by the GeForce RTX 50 Series GPUs supports the new NVIDIA AV1 Ultra High Quality mode that allows for a 10% improvement in video quality (measured in BD-BR PSNR). This mode is also enabled for GeForce RTX 40 Series GPUs.

“Wondershare is committed to collaborating with industry leaders like NVIDIA to unlock the full potential of software and hardware synergy,” said Steven Lin, Supervisor of Wondershare Filmora. “Our vision is to empower creators to express their ideas freely and efficiently while exploring new possibilities in video editing. We are dedicated to pushing the boundaries of innovation and delivering professional-grade tools to a global audience.”

About Wondershare Filmora

Launched in 2015, Filmora is designed with its user in mind, featuring smoother performance and an intuitive user interface, and has attracted a cumulative global user base of nearly 300 million across over 150 countries and regions. With advanced AI features and over 2.3 million creative assets, Filmora stands out as a leader in video editing software, continually enhancing the creation process to make it more efficient and accessible for all skill levels.

About Wondershare

Wondershare is a globally recognized software company founded in 2003, known for its innovative solutions in creativity and productivity. Driven by the mission “Creativity Simplified”, Wondershare offers a range of tools, including Filmora, Virbo, and DemoCreator for video editing; PDFelement for document management; EdrawMax, EdrawMind for diagramming; and SelfyzAI, Pixpic, FaceHub for image recovery and editing. With over 1.5 billion users across 200+ countries and regions, Wondershare empowers the next generation of creators with intuitive software and trendy creative resources, continually expanding the possibilities of creativity worldwide.

MICKEY THOMPSON CELEBRATES THE GRAND OPENING OF WORLD’S FIRST RETAIL STORE IN SHANGHAI

SHANGHAI, Feb. 26, 2025 /PRNewswire/ — Mickey Thompson Tires and Wheels, a subsidiary of The Goodyear Tire & Rubber Company, is proud to announce the grand opening of its first-ever retail store worldwide, located in Shanghai, China. This milestone marks a significant expansion of Mickey Thompson’s global presence, following the launch of its latest product lines in China last year.

Nathaniel Madarang, Goodyear Asia Pacific President, said, “The opening of Mickey Thompson’s first retail store marks a key milestone in realizing our vision to make Goodyear #1 in tires and service in Luxury, SUV and EV across Asia Pacific. Goodyear and Mickey Thompson have each played a monumental role in the history of tires for the off-road and 4×4 markets. Now, with over a century of combined expertise, we are excited to build on this momentum, driving innovation and delivering an exceptional off-road experience to enthusiasts across the region.”

Justin Foley, Managing Director of Goodyear Greater China, said, “China’s SUV market is poised for rapid expansion in the coming years, fueled by an increasing number of off-road enthusiasts eager to explore the country’s diverse terrains, ranging from deserts to high-altitude regions. We will continue to expand our product offerings, providing a comprehensive range of off-road tire solutions, to meet the diverse needs of consumers.”

John Bodart, President of Mickey Thompson, said, “We are incredibly proud to bring Mickey Thompson’s legacy of premium quality, durability and traction to China. Our new store in Shanghai represents more than just a retail space; it’s a testament to our commitment to excellence and innovation. We are thrilled to empower even more enthusiasts to break away from the ordinary and pave their own trails with our top-of-the-line tires and wheels. This expansion allows us to connect with the vibrant off-road community in China and provide them with the exceptional products and experiences they deserve.”

Since 1963, Mickey Thompson has built a strong reputation for producing high-performance off-road tires, designed for extreme conditions and passionate enthusiasts. Last September, the brand officially introduced four of its latest iconic product lines to the Greater China market.

The newly opened Mickey Thompson store is more than just a retail space — it will be a hub for off-road enthusiasts in China. Off-road enthusiasts can experience exclusive gatherings, local races, and expert-led workshops, further fostering Mickey Thompson’s engagement in China’s off-road community.

About The Goodyear Tire & Rubber Company

Goodyear is one of the world’s largest tire companies. It employs about 68,000 people and manufactures its products in 53 facilities in 20 countries around the world. Its two Innovation Centers in Akron, Ohio, and Colmar-Berg, Luxembourg, strive to develop state-of-the-art products and services that set the technology and performance standard for the industry. For more information about Goodyear and its products, go to www.goodyear.com/corporate.

About Mickey Thompson Tires & Wheels  

Max-Trac Tire Co., Inc., DBA Mickey Thompson Tires & Wheels, markets racing and high-performance tires and wheels for street, strip, truck, and off-road applications. Now a subsidiary of Goodyear, the company was founded in 1963 by racing legend Mickey Thompson and is headquartered in Stow, Ohio, USA.  For more information, visit www.mickeythompsontires.com. Connect on Facebook and Instagram.  

APAC HEADQUARTERS:
28F, THE CENTER, 989 CHANGLE ROAD, SHANGHAI, CHINA, 200031

MEDIA WEBSITE:
WWW.GOODYEARNEWSROOM.COM

OPPO Ads Connect 2025 Southeast Asia Salon: Unlocking New Marketing Growth and Drafting a Business Blueprint


SINGAPORE – Media OutReach Newswire – 26 February 2025 – On February 20, the “Exploring New Growth” OPPO Ads Connect 2025 Southeast Asia Salon was successfully held in Singapore alongside the launch of OPPO Ads’ new Device+ Marketing Solution. This is OPPO Ads’ first platform-level event abroad, showcasing its strategic capabilities, creative accomplishments, market insights, and marketing product solutions. Attended by marketers, service providers, developers, industry practitioners, and other stakeholders, the salon promoted industry development and innovation. Expert speakers sparked discussion of leading-edge market development opportunities and helped to foster commercial growth.

OPPO Ads 1


An important link between OPPO Ads and partners, Connect provides a new platform that aggregates multiple ecosystems. The salon event marks the first public engagement of OPPO Ads in the Southeast Asian market and is an important part of its globalization strategy. During the event, Head of OPPO Ads Overseas Sales and Operations Tim Chen, Product Director of OPPO Ads Kevin Wu, and AM Director of OPPO Ads Gavin Zou shared their perspectives on the long-term commercial capability building and innovative marketing solutions of OPPO Ads, and empowering advertisers in user acquisition, efficiency improvement, and long-term operations with a one-stop solution.

Enhancing the Terminal OS Ecosystem and Unlocking New Market Vitality

OPPO Ads 2


Tim Chen stated that in addition to solidifying its foothold in the Southeast Asian market, OPPO has continued to roll out significant advancements through its robust product matrix, channel strengths, and user influence. The Find X8 series has doubled its sales compared to its predecessor. Furthermore, OPPO’s international shipments continue to surge, securing the top spot in Southeast Asian markets in 2024. These achievements underscore OPPO’s strong market position and sway in Southeast Asia.

At the same time, OPPO Ads is becoming the preferred platform for international advertisers aiming to expand due to its unique commercial marketing value for three reasons:

  • First, with its competitive pricing, OPPO Ads uses more proactive scenarios to help advertisers reach a large number of users more efficiently and maximize the advertising value.
  • Second, advertisers can easily transition from reach to conversion, enhancing user value throughout the life cycle, and greatly boosting user engagement and retention by utilizing OPPO’s robust OS ecosystem.
  • Finally, OPPO Ads offers a range of marketing solutions for advertisers in different industries and with different needs. These span pre-load cooperation and targeted delivery, as well as light-touch scenarios and deep engagements, satisfying the unique needs of advertisers and significantly increasing delivery efficiency and effectiveness.

OPPO Ads has dramatically expanded commercial use cases and traffic supply as the business has grown. In 2024, OPPO Ads’ request volume increased by 300% with the introduction of new commercial applications such as PUSH, global search listing, Shelf card, and local video Feeds, with 140 million monthly active users on Southeast Asia’s OS. In 2025, OPPO Ads will see significant advancements and growth in terms of shipment and traffic, as well as commercialization capabilities. The vast active user base provides a broad space for advertising placement and brings more marketing opportunities to advertisers.

Unlocking The “Retention” Code Through Product Iteration and Upgrade Hard Power

OPPO Ads 3

At the commercial product level, Kevin Wu introduced that OPPO Ads is leveraging cutting-edge technologies and innovation to iterate and update product capabilities across three key dimensions:

  1. Marketing Platform Capability Upgrade: OPPO Ads has comprehensively upgraded its marketing platform to include new features like splash screens, enabling advertisers to engage users across all scenarios and manage all types of promotions. During the mid-investment phase, the platform supports RTA (Real-Time API) optimization and utilizes multiple bidding strategies to help ensure backend conversion costs, effectively increasing backend ROI by over 10%. In the post-advertising phase, enhanced attribution capabilities and OS data monitoring cater to advertisers’ needs for effect attribution, making marketing results quantifiable.
  2. Programmatic Ad Efficiency Improvements: OPPO Ads has intensified efforts to boost the effectiveness of programmatic ads, facilitating DSP (demand-side platform) participation and optimizing advertising features across the board, greatly increasing exposure, winning bids, and engagement. It also allows DSP access to all traffic, leading to more than a 200% increase in request volume.
  3. PUSH Marketing Solution: OPPO Ads has explored the diverse applications of system scenarios and built a variety of commercial capabilities based on PUSH capabilities. Through capability upgrades such as “sticky on the top” and empowerment of style rights, the click-through rate and backend effects were greatly improved.

Along with offering advertisers more effective marketing options to improve target user reach, these iterations have helped OPPO’s business expand in terms of technology and innovation.

OPPO Ads 4

Device+: A Solution for One-Stop User Management

During the event, Gavin Zou unveiled the Device+ Marketing Solution, designed to help advertisers efficiently acquire large numbers of high-quality users, conduct user operations on the OPPO platform, and expand business boundaries. Based on OPPO’s massive mobile Internet ecosystem, Device+ offers global clients a one-stop user management service through preload, advertising, and ecosystem cooperation. It covers new user acquisition, user activity improvement, and user conversion, among other things, to meet clients’ user operation needs at various stages.

OPPO Ads 5

  1. Device+ preload cooperation: OPPO Ads can reach 24 million new device users in Southeast Asia annually through preload and PAI services. The services streamline the registration process, offer a special quick open feature for notifications, and increase the activation rates by over 20% by detecting the activation status of preload apps on the device side and promptly engaging with users.
  2. Device+ APP distribution: For users who have not installed the application, OPPO can flexibly reach them through effect advertising, and based on the system’s unique ADD download capability, we improve download and installation efficiency, as well as overall user acquisition efficiency by more than 30%.
  3. Device+ massive touchpoints: With the help of system-level data insights and user churn warning models, OPPO can activate each potential user promptly, reducing user churn rate by 10%, and optimizing network and application performance through LinkBoost and HyperBoost to improve user experience.
  4. Device+ pre-positioning: User conversion is one of the important indicators that advertisers care about in long-term management. Using OPPO’s unique system scenarios, users can use services without opening apps, such as search listing, shelf cards, and OPUSH, which attracts users as soon as they see them, improving user retention, transaction conversion rate, and click-through rates.

OPPO Ads 6

Future Outlook: Collaborating for Long-Term Success

The OPPO Ads Connect 2025 Southeast Asia Salon marks a significant step for OPPO Ads in the Southeast Asian market and serves as a vibrant platform for industry exchanges. During the roundtable, Jenny Wang, OPPO Ads Sales Director of Southeast Asia Area, Nita Wang, OPPO Ads Sales Director, and guests from leading companies such as Agoda, AIDC, DTI and AppsFlyer exchanged insights on Southeast Asian industry trends and marketing needs. They identified key challenges, strategized effective solutions, and discussed leveraging OPPO’s comprehensive advertising solutions to enhance user acquisition and user engagement.

OPPO Ads 7


This event demonstrates OPPO Ads’ innovative marketing value, outstanding OS system capabilities, and diversified solutions in commercial marketing, providing advertisers with more comprehensive support and more boundless business opportunities. Whether it is the development of emerging markets or the deep cultivation of mature markets, OPPO Ads is helping clients grow their businesses.

Looking ahead, OPPO Ads will continue to enhance its commercial capabilities and collaborate with ecosystem partners to explore new cooperative opportunities and promote ongoing industry growth and prosperity.

For more information, please follow the official OPPO Ads accounts on Facebook and Linkedin.Hashtag: #OPPOAds

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

Yeastar P-Series PBX Adds Outbound Call Center Capabilities to Elevate SMB Outreach

XIAMEN, China, Feb. 26, 2025 /PRNewswire/ — Yeastar, a global leader in Unified Communications solutions, today launched its Outbound Call Center module for the P-Series Phone System Software Edition. This feature-rich addition transforms the award-winning PBX system into a full-cycle customer engagement engine, addressing critical gaps in SMB-focused outbound solutions.

Key Capabilities Driving Market Differentiation

From sales prospecting to telemarketing campaigns, the natively integrated Outbound Call Center empowers SMBs to automate and scale their outbound operations with enterprise-grade efficiency.

For business managers, this translates to precise control through features like the 3-in-1 Auto Dialer (Progressive, Power, Agentless Dialing) that enables tailored outreach strategies for diverse business needs. The custom DOD ensures higher answer rates by displaying local caller IDs, while Prospects Importing and Outbound Queues simplify large-scale campaign setup and prioritization. Real-time oversight is achieved through the Campaign Wallboard, which provides live performance metrics, agent stats, and detailed dialing logs—allowing instant adjustments to maximize results.

Frontline agents, meanwhile, benefit from a unified interface that consolidates all critical functions: manage assigned calls, access contact profiles, log call dispositions, schedule callback, etc.—all without tab-switching. This seamlessness accelerates workflows and ensures compliance through tracked interactions.

“Outbound engagement is no longer a ‘big business’ luxury,” said Arya Zhou, Head of Global Sales at Yeastar. “By embedding robust outbound call center features into P-Series Phone System, we’re empowering businesses to free agents for high-value conversations rather than manual dialing, logging, and system-toggling.”

A Greater Vision on the Roadmap

The Outbound Call Center addition marks Yeastar’s milestone in democratizing enterprise-grade tools for SMBs. Yeastar now delivers a complete contact center suite that already encompasses the capabilities of inbound/outbound call center, omnichannel messaging (live chat, SMS, social media), and popular CRM integrations. Looking ahead, the solution is set to be further enhanced with AI-driven tools, CRM integration templates, richer reports, and more on the 2025 roadmap for Yeastar P-Series Phone System.

About Yeastar

Yeastar makes digital value easily accessible from ownership and adoption to daily usage and management by transforming how businesses connect and communicate. Yeastar has established itself as a leading provider of UC solutions with a strong ecosystem, a global network of channel partners, and over 650,000 customers worldwide. For more information about Yeastar or to become a Yeastar partner, please visit https://www.yeastar.com/.

Contact:
Nicole Liu
+86-592-5503309
marketing@yeastar.com

 

Invesco QQQ ETF approved for sale, cross-lists on Hong Kong Stock Exchange

First cross-listing of Invesco QQQ outside of North America; QQQ is the second most traded US ETF 

Important Information 

  • The Trust seeks to track the investment results, before fees and expenses, of the Nasdaq-100 Index® (“Index”).
  • Investors should note the equity market risk, concentration risk of investing in the US market and in companies in the technology sector, technology sector risks, passive investment risk, trading risks, trading hours different risk, foreign exchange risks, multi-counter risks, reliance on market maker risks, termination risk and general investment risk.
  • The Trust may be subject to tracking error risk, which is the risk that its performance may not track that of the Index exactly.
  • Payment of distributions out of capital or effectively out of capital amounts to a return or withdrawal of part of an investor’s original investment or from any capital gains attributable to that original investment and may result in an immediate reduction in the Net Asset Value (“NAV”) per share of the Trust (“Share”).
  • All Shares will receive distributions in the base currency (USD) only. In the event that a Trust Shareholder has no USD account, the Trust Shareholder may have to bear the fees and charges associated with the conversion of such distributions from USD to HKD or RMB or any other currency.
  • NAV and trading price of the Shares can be volatile and could go down substantially.
  • Investors should not base their investment decision on this material alone.

HONG KONG, Feb. 26, 2025 /PRNewswire/ — Invesco, a leading global asset management firm, announced today that its flagship Invesco QQQ Trust Exchange Traded Fund (Invesco QQQ ETF) has been approved for sale in Hong Kong by the Securities & Futures Commission and cross-listed on the Hong Kong Stock Exchange (HKEX), commencing trading as of market open under the symbol “3455”. Invesco QQQ, one of the best-performing large-cap growth funds[1], is the flagship fund of Invesco’s US$762 billion ETF business, the fourth largest ETF provider globally[2]

With approximately US$318.9 billion in assets under management (AUM)[3], Invesco QQQ is the world’s fifth largest ETF and second most traded ETF in the US[4].  The launch marks the first cross-listing of Invesco QQQ outside of North America and represents a milestone in the expanding market for ETFs in Hong Kong. By trading on HKEX – one of the world’s leading exchanges – investors around the region will have a highly efficient method of accessing the deep liquidity and price transparency of Invesco QQQ, in a convenient time zone.

Invesco QQQ is the most liquid ETF to access the performance of the Nasdaq-100 Index®, which tracks the 100 largest non-financial companies listed on the Nasdaq. Companies in the Nasdaq-100 Index spend between 600-1,200% more on research and development compared to companies residing in broad-based US large cap equity indexes[5]. Investors will also be able to invest in their preferred currency, with USD, HKD and RMB counters available. 

“We are honored to bring our flagship ETF – Invesco QQQ – to Hong Kong, offering local investors a valuable opportunity to access the innovative, forward-thinking companies included in the Nasdaq-100 Index,” remarked Andrew Lo, Chief Executive, Asia Pacific at Invesco. “Hong Kong has long been a key hub for Invesco’s APAC business, which makes it the ideal location for Invesco QQQ’s first cross-listing outside of North America. We believe Hong Kong’s unique position in Asia Pacific, as well as its well-established financial infrastructure, will enable us to strategically connect our stakeholders and investors in the region with this important large-cap growth strategy.”

Invesco QQQ has mirrored the evolution of global technology and innovation since its launch in 1999. Of the 22 companies that have been a part of Invesco QQQ since inception, many were in the early stages of development in 1999 and have since scaled up successfully. The average market cap of companies included in Invesco QQQ was US$200 billion in 1999, growing to US$1.39 trillion at the end of 2024[6]. Many of the constituents of Invesco QQQ include the leading names in global technology, and the index regularly extends to companies beyond the technology sector that capture future growth opportunities.

“Invesco QQQ ETF has a track record of strong performance over its 25-year history, offering investors access to innovative, growing companies with strong fundamentals,” said Brian Hartigan, Global Head of ETFs and Index Investments at Invesco. “Together with Nasdaq, we are pleased to continue to break new ground together through this cross-listing in Hong Kong.”

Invesco QQQ is a unit investment trust designed to track the investment results, before fees and expenses, of the Nasdaq-100 Index. It holds all the stocks included in the Nasdaq-100 Index and trades on the Nasdaq stock exchange under the ticker symbol QQQ.

“We believe this cross-listing will bring immense benefits to Asia Pacific investors, most notably access to local trading lines during market hours and settlement in international currencies. These advantages will further drive the expansion of Hong Kong’s ETF landscape,” Mr. Lo added. “This cross-listing demonstrates our commitment to leveraging our innovative, global investment expertise to investors in Asia Pacific.”

[1] Based on total return over the past 15 years by Lipper, as of December 31, 2024.

[2] In total assets under management (AUM), per Invesco, as of December 31, 2024.

[3] In total AUM, per Invesco, as of December 31, 2024.

[4] Based on AUM and average daily volume traded, per Bloomberg, as of December 31, 2024.

[5] Refers to the S&P 500, Nasdaq US 500 Large Cap Index, and other indexes comprised of the largest few hundred companies listed in the US weighted by market cap.

[6] Based on simple weighted average of individual companies in the Nasdaq-100 Index.

Photo Caption: Invesco QQQ ETF approved for sale, cross-lists on Hong Kong Stock Exchange  (From Left to Right: Brian Roberts, Head of Equity Product Development, Hong Kong Exchanges & Clearing; Gary Buxton, Head of EMEA and APAC ETFs & Index Strategies, Invesco; Alex Sato, President & CEO Japan & Korea, Invesco; Joseph Chan, Undersecretary for Financial Services and the Treasury, The Government of Hong Kong SAR; Andrew Lo, Chief Executive, Asia Pacific, Invesco; Christina Choi, Executive Director, Investment Products Division, Securities and Futures Commission (SFC); Martin Franc, CEO, Asia ex-Japan, Invesco; Brian Hartigan, Global Head of ETFs & Index Investments; Invesco; Ryan McCormack, Senior Factor & Core Equity Strategist, Invesco)
Photo Caption: Invesco QQQ ETF approved for sale, cross-lists on Hong Kong Stock Exchange (From Left to Right: Brian Roberts, Head of Equity Product Development, Hong Kong Exchanges & Clearing; Gary Buxton, Head of EMEA and APAC ETFs & Index Strategies, Invesco; Alex Sato, President & CEO Japan & Korea, Invesco; Joseph Chan, Undersecretary for Financial Services and the Treasury, The Government of Hong Kong SAR; Andrew Lo, Chief Executive, Asia Pacific, Invesco; Christina Choi, Executive Director, Investment Products Division, Securities and Futures Commission (SFC); Martin Franc, CEO, Asia ex-Japan, Invesco; Brian Hartigan, Global Head of ETFs & Index Investments; Invesco; Ryan McCormack, Senior Factor & Core Equity Strategist, Invesco)

 

Photo Caption: Invesco QQQ ETF approved for sale, cross-lists on Hong Kong Stock Exchange  (From Left to Right: Gary Buxton, Head of EMEA and APAC ETFs & Index Strategies, Invesco; Alex Sato, President & CEO Japan & Korea, Invesco; Joseph Chan, Undersecretary for Financial Services and the Treasury, The Government of Hong Kong SAR; Andrew Lo, Chief Executive, Asia Pacific, Invesco; Martin Franc, CEO, Asia ex-Japan, Invesco; Brian Hartigan, Global Head of ETFs & Index Investments; Invesco; Ryan McCormack, Senior Factor & Core Equity Strategist, Invesco)
Photo Caption: Invesco QQQ ETF approved for sale, cross-lists on Hong Kong Stock Exchange (From Left to Right: Gary Buxton, Head of EMEA and APAC ETFs & Index Strategies, Invesco; Alex Sato, President & CEO Japan & Korea, Invesco; Joseph Chan, Undersecretary for Financial Services and the Treasury, The Government of Hong Kong SAR; Andrew Lo, Chief Executive, Asia Pacific, Invesco; Martin Franc, CEO, Asia ex-Japan, Invesco; Brian Hartigan, Global Head of ETFs & Index Investments; Invesco; Ryan McCormack, Senior Factor & Core Equity Strategist, Invesco)

About Invesco

Invesco is an independent investment management firm dedicated to delivering an investment experience that helps people get more out of life. NYSE: IVZ; www.invesco.com.

Important information

All data are sourced from Invesco dated January 31, 2025, unless otherwise stated.

Investment involves risks. Past performance is not indicative of future performance. Investors should read the relevant prospectus for details, including the risk factors and product features. This material has not been reviewed by the Securities and Futures Commission and is issued by Invesco Hong Kong Limited.

Nasdaq®, Nasdaq-100® and Nasdaq-100 Index®; and QQQ® are registered trademarks of Nasdaq, Inc. The information contained above is provided for informational and educational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular security or an overall investment strategy. Neither Nasdaq, Inc. nor any of its affiliates makes any recommendation to buy or sell any security or any representation about the financial condition of any company. Statements regarding Nasdaq-listed companies or Nasdaq proprietary indexes are not guarantees of future performance. Actual results may differ materially from those expressed or implied. Past performance is not indicative of future results. Investors should undertake their own due diligence and carefully evaluate companies before investing. ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY ADVISED.

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Where Andrew Lo and Brian Hartigan have expressed opinions, they are based on current market conditions and are subject to change without notice. These opinions may differ from those of other Invesco investment professionals.