Home Blog Page 5846

Nasdaq: Development and Investment Themes of Metaverse

HONG KONG SAR – Media OutReach – 16 December 2021 – In the virtual regional press conference hosted by Nasdaq today, the award-winning artificial intelligence company Yewno and Korea’s leading ETF provider Samsung Asset Management shared the latest development and investment themes of metaverse.

 

“Metaverse is a collective virtual shared space created by the conversions of virtually enhanced physical reality and physically persistent virtual space, including the sum of all virtual worlds, augmented and mixed reality, and the internet,” said Roberto Lazzarotto, CEO of Yewno, “and these technologies truly change the way we live, the way we work, and the way that we experience the world. Metaverse has also opened up a lot of new investment opportunities.”

 

Headquartered in California U.S., Yewno has a patented Knowledge Graph which extracts insights from millions of data sources to transform disconnected information into connected knowledge. Yewno applies this cutting-edge technology across financial services, education and publishing to deliver products and solutions that empower users to strive for deeper knowledge. Together with Nasdaq, Yewno designs the Nasdaq Yewno Metaverse Index which tracks the performance of companies involved in three main components of the metaverse theme: equipment, content and platform.

 

As a pioneer in the Korean ETF market, Samsung Asset Management launched the country’s very first active-managed metaverse ETF with underlyings of Korean stocks in October. “We are committed to bringing global opportunities to local investors. With the collaboration with Nasdaq and Yewno, we are giving Korean investors access to global companies, the very first time in Korea, that are selected based on the proprietary data for virtual reality and augmented reality via SAMSUNG KODEX US Metaverse Nasdaq Active ETF,” said Jaewook Chung, Head of ETF Team, Samsung Asset Management. The stock code number of the new ETF is 411420 KS EQUITY.

 

Nasdaq has seen 70% increase in asset under management in mutual funds and exchange-traded products in APAC licensed by Nasdaq’s indexes year-to-date. As an innovative index provider, Nasdaq is dedicated to designing powerful, relevant index and benchmark families that are in sync with the continually changing market environment. Apart from the flagship index, the Nasdaq-100 Index, which tracks the world’s largest tech name, Nasdaq collaborates with the regional asset managers to offer efficient, yet cost-effective, investment tools for investors, for example, Semiconductor Sector Index ETF, Cybersecurity Index ETF, Artificial Intelligence & Robotics ETF.

 

“Nasdaq is committed to providing global solutions to local investors to access the untapped potential of growth, innovation and technology across the globe. We are pleased to work with Yewno and Samsung on another successful ETF launch,” said Joyce Ip, Head of Asia Pacific, Nasdaq Global Indexes.

 

About Nasdaq:

Nasdaq (Nasdaq: NDAQ) is a global technology company serving the capital markets and other industries. Its diverse offering of data, analytics, software and services enables clients to optimize and execute their business vision with confidence.

About Yewno:

Founded in 2015, Yewno is an award-winning Artificial Intelligence company whose patented Knowledge Graph extracts insights from millions of data sources to transform disconnected information into connected knowledge. Yewno applies this cutting-edge technology across Financial Services, Education, Publishing, Government, and Life Sciences to deliver products and solutions that empower users to strive for deeper knowledge. Headquartered in Redwood City, CA, and with offices in London and New York, Yewno is backed by leading investors including Pacific Capital and currently has numerous partnerships across top financial institutions, research universities, publishers, and content aggregators worldwide.

About Samsung Asset Management:

Samsung Asset Management is a wholly owned subsidiary of Samsung Life Insurance that has over US$270 billion of financial asset under management. KODEX is the ETF brand name of Samsung Asset Management with around $30 billion asset under management with 127 ETFs. KODEX ETFs are invested in diverse asset & structure including domestic and overseas equity, fixed income, commodities as well as leverage & Inverse.

#Nasdaq

Melco Cyprus becomes first European operator to receive RG Check accreditation

Making Melco the first and only operator to receive Responsible Gaming certification across its global portfolio

MACAU SAR – Media OutReach – 16 December 2021 – Melco Cyprus, operator of Cyprus Casinos (C2) and the upcoming integrated resort, City of Dreams Mediterranean, announces C2 has been accredited with the esteemed third-party accreditation for Responsible Gaming — RG Check, establishing C2 as the first in Europe to receive the endorsement. The achievement further establishes Melco as the first and only integrated resort operator in the world to be recognized by RG Check in all its jurisdictions of operations. The accreditation has been awarded to all four C2 venues, namely Limassol, Nicosia, Ayia Napa and Paphos. Tied to Melco’s commitment to safeguarding the community’s wellbeing is its effort to promote Responsible Gaming. Melco surpasses mandated regulatory requirements in all its jurisdictions of operation, and seeks continuous improvement to ensure a fair and safe experience for all guests.

 

C2’s RG Check accreditation is a demonstration of Melco’s commitment to Responsible Gaming across its global operations. As announced earlier (link to release), the Company was the first in Macau and the Philippines to attain RG Check certifications. Melco’s entire global portfolio, including Altira Macau, City of Dreams Macau, Studio City, City of Dreams Manila, and now Cyprus’ C2, are accredited by RG Check, making Melco the only operator to receive RG Check certifications for its entire portfolio in Macau, the Philippines and Cyprus.

 

Mr. Lawrence Ho, Chairman & CEO of Melco, said, “Melco is dedicated to being the industry’s leader in the promotion of Responsible Gaming. Providing a safe and fair gaming experience for guests continues to be at the core of the Company’s commitment to society. The sustainable development and continued implementation of a Responsible Gaming culture is prioritized within every jurisdiction that we operate. We wish to thank the RG Check organizers for the honor, and our colleagues in Cyprus for making this achievement possible.”

 

Ms. Shelley White, CEO of Responsible Gambling Council (RGC), said, “RGC is thrilled that Melco has once again demonstrated its commitment to responsible gaming by achieving the RG Check accreditation in Cyprus for each of its four operating Cyprus Casinos properties. This is the third jurisdiction in which Melco has successfully completed the RG Check Accreditation. Throughout this process, Melco has demonstrated its transparency as an operator and has made duty of care a priority in its operations. In particular, we commend Melco on a best in class score in the Standard Areas of RG Policy, Strategy and Culture which recognizes Melco’s strong responsible gaming leadership and its comprehensive and integrated approach to building a responsible gaming culture that demonstrates awareness of the potential harms caused by gambling, as well as prevention and mitigation measures. RG Check is an invaluable tool for managing risk and increasing the effectiveness of RG programming. RGC is proud to provide continuous support to Melco’s harm minimization efforts throughout their properties around the world.”

 

RG Check is the world’s most comprehensive and rigorous responsible gaming accreditation program. It is designed to meet or exceed all existing responsible gaming regulatory requirements and is valid for three years. Accreditation is reviewed by a prestigious and independent panel of responsible gaming specialists.

About Melco Resorts & Entertainment Limited

The Company, with its American depositary shares listed on the NASDAQ Global Select Market (NASDAQ: MLCO), is a developer, owner and operator of integrated resort facilities in Asia and Europe. The Company currently operates Altira Macau (www.altiramacau.com), an integrated resort located at Taipa, Macau and City of Dreams (www.cityofdreamsmacau.com), an integrated resort located in Cotai, Macau. Its business also includes the Mocha Clubs (www.mochaclubs.com), which comprise the largest non-casino based operations of electronic gaming machines in Macau. The Company also majority owns and operates Studio City (www.studiocity-macau.com), a cinematically-themed integrated resort in Cotai, Macau. In the Philippines, a Philippine subsidiary of the Company currently operates and manages City of Dreams Manila (www.cityofdreamsmanila.com), an integrated resort in the Entertainment City complex in Manila. In Europe, the Company is currently developing City of Dreams Mediterranean (www.cityofdreamsmed.com.cy) in the Republic of Cyprus, which is expected to be the largest and premier integrated destination resort in Europe. The Company is currently operating a temporary casino, the first authorized casino in the Republic of Cyprus, and is licensed to operate four satellite casinos (“Cyprus Casinos”). Upon the opening of City of Dreams Mediterranean, the Company will continue to operate the satellite casinos while operation of the temporary casino will cease. For more information about the Company, please visit www.melco-resorts.com.

The Company is strongly supported by its single largest shareholder, Melco International Development Limited, a company listed on the Main Board of The Stock Exchange of Hong Kong Limited and is substantially owned and led by Mr. Lawrence Ho, who is the Chairman, Executive Director and Chief Executive Officer of the Company.

#Melco

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

Ev Dynamics Welcomes Further Investment from International Investors

HONG KONG SAR – Media OutReach – 16 December 2021 – Ev Dynamics (Holdings) Limited (the “Company”, Stock Code: 476, together with its subsidiaries, collectively “Ev Dynamics” or the “Group”), a provider of new energy vehicles and integrated technology solutions, has received notice from Colombian entrepreneur Mr. Frank Kanayet Yepes that he has acquired an additional 150 million shares of the Company at a purchase price of HK$0.150 per share, adding to his first investment early this year.

 


Colombian entrepreneur Mr. Frank Kanayet Yepes has made a further investment in Ev Dynamics to support the Group to achieve its potential of innovative technologies and enlarged its market coverage.

Following this latest move, Mr. Kanayet Yepes holds a total of approximately 270 million shares; increasing his shareholding in the Company’s shares to 3%. Mr. Kanayet Yepes will pay a premium of approximately HK$9.6 million over the current share price.

 

Mr. Miguel Valldecabres Polop, CEO of Ev Dynamics, said, “We are pleased to see Mr. Kanayet Yepes’ enlarge his shareholding as it represents a further vote of confidence in Ev Dynamics. He has a successful investment track record in various industries and is a firm believer in the future of electric vehicles. We are thrilled that Mr. Kanayet Yepes recognizes the glowing prospects that electromobility possesses and how the combination of our technological advantages and development strategies can result in a sustainable and robust business.”

 

“Electric vehicles promise smooth operation and high safety, as well as zero emission which will improve air quality,” said Mr. Frank Kanayet Yepes. “Ev Dynamics has the potential to accelerate the adoption of electromobility across different markets by providing a strong value proposition to its customers. I am pleased to support the Group to achieve its potential of innovative technologies and enlarged its market coverage. I strongly believe that Ev Dynamics will become a global leader on electric buses and vans. The market is huge, and Ev Dynamics has a precious know-how and facilities to conquer it. Ev Dynamics can become the Tesla of public transportation.”

Mr. Frank Kanayet Yepes founded his own oil exploration company in Latin America. He owns an electromobility fund and was the first investor in the electric supercar maker Rimac Automobili (Croatia) – China Dynamics (the Company before the renaming) subsequently became the second investor in the company. In addition, Mr. Kanayet Yepes was one of the first investors into FIA Formula E and owns several other emobility investments worldwide.

About Ev Dynamics (Holdings) Limited (Stock Code: 476)

Ev Dynamics is a pioneer and prominent player in China’s new energy commercial vehicles market, as well as a whole-vehicle manufacturer of specialty vehicles and new energy passenger vehicles. It is an integrated driving and logistics solutions provider with a solid technological foundation in diverse areas including new energy platform power systems and their key components. It has a production base in Chongqing and has developed its sales network in China, Hong Kong, Asia Pacific and South America.

#EvDynamics

Replay Your Year with Facebook Year Together and Instagram Playback

The year 2021 has been an era of transition for many people across the globe. We’ve all worked together to find new ways to reconnect, discover new communities and celebrate each triumph. Here’s how you can recap and replay your biggest moment on the Facebook app and Instagram:

Novus Delivers Strong Growth in Oil and Gas Business

Completed Drilling of 33 Wells in 2021

Average Daily Production Volume Surged by 130% YoY

 

HONG KONG SAR – Media OutReach – 16 December 2021 – Yanchang Petroleum International Limited (“Yanchang Petroleum International” or the “Company”; Stock Code: 00346) is pleased to announce that its wholly-owned subsidiary, Novus Energy Inc. (“Novus”), which explores, develops and produces crude oil and natural gas in Saskatchewan and Alberta in Canada, delivered outperforming operational results in its Viking formation. The average daily production volume increased from 1,000 barrels/day in December 2020 to 2,300 barrels/day currently, representing a 130% year-on-year growth.

 

With the easing of the pandemic and the recovery of commodity prices in 2021, the Novus team has adopted a positive and aggressive well drilling plan in 2021. Amongst others, a total of CAD41 million has been invested in the development of the Viking properties to shorten the time between drilling and production and to maximize profitability. In 2021, Novus has drilled 33 wells in the Viking formation, four in Alberta and 29 in Saskatchewan, reaching a total length of 28.8km in its horizontal section and achieving an industry-leading drilling speed of 2.9 days/well. Completion of the Viking wells is also in progress.

 

In addition, Novus has successfully drilled a new well in the exploration area in Saskatchewan, which has been fracture completed and has started production.

 

Mr. Feng Yinguo, Chairman of Yanchang Petroleum International, said, “We are pleased with the operational results of Novus this year. The production ramp-up program launched by Novus is proven to be successful. The Novus team has strived to ensure the normal and safe operation of the formation during the pandemic, and aimed to improve the efficiency of well drilling and completion. With the global economy reviving, it is expected that demand will drive up the oil price steadily. The Company will continue to seize favorable opportunities, improve the quality and efficiency, and keep optimizing the oil and gas business of Novus, thereby maximizing the benefits of the shareholders of the Company.”

 

About Yanchang Petroleum International (Stock Code: 00346)

Yanchang Petroleum International is principally engaged in the following activities (i) exploration, exploitation and operation of oil and gas; and (ii) fuel oil trading and distribution. In its upstream operations, Yanchang Petroleum International possesses operating oilfields in Saskatchewan and Alberta, Canada, through its wholly owned subsidiary Novus Energy Inc., a Canadian enterprise. Novus engages in the business of acquiring, exploring for, developing and producing crude oil and natural gas. In its downstream operations, Yanchang Petroleum International is principally engaged in wholesale, retail, storage and transportation of oil products through its 70% owned subsidiary, Henan Yanchang Petroleum Sales Co., Limited, and which has been granted valid licenses for distribution and sales of oil products in China. The Group also established oil products trading companies in Zhoushan, Zhejiang and Shenzhen, China, respectively, for expanding its oil products trading business which will become a new profit driver.

For details, please refer to http://www.yanchanginternational.com

#YanchangPetroleumInternational

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

Hong Kong Design Centre Urges the Public to Vote in December 19 LegCo Election

HONG KONG SAR – Media OutReach – 16 December 2021 – Hong Kong Design Centre, the Hong Kong SAR Government’s strategic partner in promoting the wide and strategic use of design and design thinking, encourages members of the public to support the seventh-term Legislative Council Election by casting their vote on 19 December.

 

With a public mission of establishing Hong Kong as an international centre of design excellence in Asia and beyond, Hong Kong Design Centre welcomes the recent policy initiatives for promoting Hong Kong’s creative and cultural industries. In the Chief Executive’s Policy Address in October, it was proposed that a Culture, Sports and Tourism Bureau be set up to oversee the development of the creative industries, complementing the 14th Five-Year Plan to position Hong Kong as Asia’s city of culture and creativity by taking advantage of its East-meets-West creative atmosphere.

 

Hong Kong Design Centre’s Chairman, Prof. Eric Yim said, “A thriving creative and design ecosystem has vast potential to create value across disciplines and enhance our city’s wellbeing. With the Government’s clear direction for advancing the creative industries, it is important that we elect a capable team that can reflect the interests of different groups, while harnessing Hong Kong’s creative talent and assets to build a better future for our city.”

 

Hong Kong Design Centre appeals to all eligible voters to participate actively in the LegCo Election on 19 December.

About Hong Kong Design Centre

Hong Kong Design Centre (HKDC) is a non-governmental organisation, and was founded in 2001 as a strategic partner of the HKSAR Government in establishing Hong Kong as an international centre of design excellence in Asia. Our public mission is to promote wider and strategic use of design and design thinking to create business value and improve societal well-being, with the aim of advancing Hong Kong as an international design centre in Asia. Learn more about us at www.hkdesigncentre.org

#HongKongDesignCentre

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

Thai PM Tells Residents to Raise Chickens to Overcome Poverty

Thai PM Prayut in Yala Province.
Thai PM Prayut in Yala Province (Photo: National News Bureau of Thailand).


The Prime Minister of Thailand, Gen. Prayut Chan-o-cha, has advised residents of his country to raise two chickens per family to help them save on the cost of living.

Sino Jet reelected as World’s Leading Private Jet Company at World Travel Awards 2021

HONG KONG SAR – Media OutReach – 16 December 2021 – On December 16, 2021, the 28th World Travel Awards (“WTA”) has unveiled its Global 2021 list of winner, Chinese business jet company Sino Jet among the top private jet companies worldwide, took the highest honour of the “World’s Leading Business Jet Company Award” for the second consecutive year. Sino Jet believes that operation at the highest safety standards, service excellence and information integration are the keys to its success. This recognition will undoubtedly strengthen the market positions and influences by Chinese business jet companies on the global industry.

 

Sino Jet has been awarded as World’ s Leading Private Jet Company at World Travel Awards 2021.

The World Travel Awards was established in 1993 to acknowledge, reward and celebrate excellence in travel, tourism and hospitality. World Travel Awards programme comprehensively covers various areas including customer satisfaction, service quality, overall business performance, product innovation, employee development, corporate social responsibility, contribution to local communities, adherence to sustainability policies, and progress of the organisation’s long-term vision. WTA is renowned as the most prestigious industry award and it is often called the “Oscar of the Travel Industry.”

 

The award winner Sino Jet was established in 2011. Its service scope includes business jet management, flight charter, luxurious travel and ground handling services. Committed to provide comprehensive service solution to manage the full life cycle of business jets, Sino Jet has established operating bases and branches in 20 cities worldwide. Not only Sino Jet’s fleet size is ranked first in the Asia-Pacific region, it is also the only business jet fleet in the region that sustains growth for recent years. Sino Jet’s outstanding achievements have positively staged an overall advancement of business aviation on the global front.

 

Over the past ten years, Sino Jet’s meticulous care for the diverse needs of business jet customers has contributed to Sino Jet’s comprehensive set of hard-earned operation and maintenance qualifications issued by China, the United States, Europe, Cayman, Aruba, Bermuda, Isle of Man, Guernsey, San Marino, etc. These licenses give Sino Jet a unique set of capabilities to handle the widest range of aircraft registrations that are most popular within the Greater China region. Sino Jet is now the most capable business jet company domestically in China, in terms of the number of operation and maintenance qualifications. Sino Jet Group’s strong global network undeniably adds extra warrant to schedule flexibility, smooth operations, maximized convenience and the highest quality of services of every flight.

 

The global pandemic has brought on severe impact and challenges to the entire aviation industry for the past two years. Even business aviation, ‘The Jewel in The Crown’ faces no exception and experienced a market downturn. Fortunately, demand for business jet travel rebounds relatively quickly, thanks to the businessmen’s strong desires to promptly resume businesses and productions. Facing restrictive border controls and ever-changing quarantine requirements, Sino Jet has innovatively reformed its aircraft delivery procedures from aircraft manufacturers in the United States and Canada without compromising safety. Since the reform, Sino Jet has successfully introduced a number of large business jets, making its Gulfstream G650 fleet and Bombardier Global 6500 fleet the largest in China.

 

Sino Jet Fleet

Committing to growing with the industry, Sino Jet actively participates in international business aviation exchange activities, openly shares its successful safety management and operational experiences. Additionally, its subsidiary Sino Jet Aviation Academy regularly trains and develops talents for the industry, bearing a heavy load of the industry responsibility. The World’s Leading Business Jet Company award is more than just a recognition for Sino Jet’s outstanding achievements. It is, more importantly, an evidential acknowledgement for the growing influence of business jet companies from China in the global aviation market.

About Sino Jet

Sino Jet, founded in 2011, is a business aviation operator, management and charter company and provider of bespoke travel services. Sino Jet manages and operates approximately 50 business jets in Greater China and around the world. It was awarded as the World’s Leading Private Jet Company 2020 & 2021 in World Travel Awards.

Sino Jet’s approach to safety is continually re-evaluated and developed with the industry’s leading safety and training experts. It is the fastest growing business aviation management company in Greater China, characterized by its industry leading one-stop business jet-travel suite of solutions. Sino Jet has dual headquarters in Beijing and Hong Kong. The company is also rapidly expanding in Mainland China with bases in Shanghai, Hangzhou, Shenzhen, Guangzhou, Xiamen, Zhuhai, Chengdu and Singapore etc.

#SinoJet #businessjet #BusinessJetOperatorAsia #jetmanagement

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