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Hong Kong Ups Game with Exciting New Multi-purpose Sports Park


HONG KONG SAR – Media OutReach Neswire – 3 March 2025 – The Grand Opening Ceremony of Kai Tak Sports Park (KTSP) on Saturday (March 1) featured cultural performances, music and entertainment at the magnificent new Kai Tak Stadium with a seating capacity of 50,000, marking the beginning of a new era for Hong Kong as Asia’s events capital.

Speaking at the launch event, John Lee, Chief Executive of the Hong Kong Special Administrative Region hailed the venue as the largest sports, entertainment and mega event complex in Hong Kong’s history.

“The magnificent, multi-purpose Kai Tak Sports Park is a grand stage offering the most enjoyable experience for sports and recreation, entertainment and a whole lot more. Our new home ground will raise every game, on every match!” Mr Lee said. “And you can count on scores of concerts by top singers and bands from home and abroad, here to raise the roof of Kai Tak Stadium.”

Kai Tak Sports Park is the largest sports infrastructure project in Hong Kong’s history.
Kai Tak Sports Park is the largest sports infrastructure project in Hong Kong’s history.

Starting with a thunderous drum roll and traditional lion dance, the two-hour show featured performances by top local singers spanning different genres and generations as well as appearances by renowned celebrities and sports stars from Hong Kong and Mainland China.

It was a fitting opening of the 28-hectare KTSP, which will boost sports development and inject impetus into related industries such as recreation, entertainment and tourism, and also the mega-event economy, thereby consolidating Hong Kong’s reputation as an events capital in Asia.

The centrepiece Kai Tak Stadium boasts an eye-catching “Pearl of the Orient” design theme and a seating capacity of 50,000, making it the largest in Hong Kong. It features a customisable pitch system and retractable roof. This makes it an ideal venue for elite sports competitions as well as grand-scale concerts, vibrant music festivals and exciting cultural programmes.

Kai Tak Arena, with a capacity of 10,000 seats, is another versatile state-of-the-art facility designed to host various international tournaments. It is also convertible to accommodate other events such as fencing or snooker. With an adaptable configuration and interchangeable flooring surfaces, the arena can provide seamless transition between top-level sports events and community activities.

The outdoor Kai Tak Youth Sports Ground with 5,000 seats is an excellent venue for football and rugby matches, team and athlete training sessions, and school sports days.

Kai Tak Sports Park officially opened on March 1 with a grand ceremony.
Kai Tak Sports Park officially opened on March 1 with a grand ceremony.

A series of blockbuster events has already been lined up for KTSP. Among them are the World Grand Prix (snooker) and Hong Kong Sevens (rugby) in March and British rock band Coldplay’s world tour in April. KTSP will also be an iconic new destination for Hong Kong’s exciting co-hosting of the 15th National Games with Guangdong and Macao in November. Hong Kong will host a total of eight competition events and one mass participation event of the National Games, with Fencing, Handball (men), Rugby Sevens and the Mass Participation Event of Bowling set to take place at KTSP.

Beyond sports and entertainment, Kai Tak Mall is a retail paradise spanning nearly 700,000 square feet. It entices customers with a unique “sportainment” shopping and leisure experience, offering the most comprehensive collection of professional sports brands and lifestyle products in the city. The Mall also includes a Food Gala with popular eateries and the Dining Cove, a gourmet haven showcasing diverse culinary options from local favourites to international bites, all with stunning views of Victoria Harbour.

“Kai Tak Sports Park is made for you – Hong Kong and the world. Enjoy it all!” said Mr Lee.Hashtag: #hongkong #brandhongkong #asiasworldcity #kaitaksportspark #ktsp





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

Thailand’s Oldest Human Skeleton Discovered in Remote Cave

Thailand’s Oldest Human Skeleton Discovered in Remote Cave
This image is used for representational purpose (photo: credit: Live Science)

On 24 February, archaeologists announced the discovery of the oldest human skeleton ever found in Thailand, dating back more than 29,000 years. The remains, belonging to a child, were found in Din Cave, a site known for its prehistoric rock paintings.

Exclusive Markets Opens Dubai Rep. Office and Launches a Special Ramadan Promotion

DUBAI, UAE, March 3, 2025 /PRNewswire/ — Exclusive Markets has officially opened its new representative office in Dubai. To celebrate this significant milestone, they are offering a special Ramadan Promotion.

Dubai’s position as a global financial epicentre makes this move a strategic step to expand the company’s reach, meet growing client demand, and strengthen its presence in the MENA region. The new representative office will serve as a key operational hub, supporting direct engagement with traders and partners.

 

 

The launch of this office reflects Exclusive Markets’ dedication to delivering a solid trading infrastructure and personalised client support. It also highlights the company’s objectives of building long-term relationships, aligning with regulatory standards, and providing MENA traders with direct access to global markets under a rigid framework.

Mr. Lambros Lambrou, CEO of Exclusive Markets, made the following statement in response to the expansion:

Dubai has emerged as a global financial powerhouse, offering beyond compare opportunities for brokerages. With our client base in the UAE and Saudi Arabia expanding fast, forming a local presence became a strategic necessity for us. This office allows us to support our traders better, reinforce regional partnerships, and support our commitment to an uninterrupted trading journey.”

A Special Offer for Ramadan and Dubai Expansion

Exclusive Markets is offering traders the chance to win a VIP trip to Dubai and other amazing prizes to celebrate the opening of the new Representative Office and the spirit of Ramadan.

Join the challenge, trade, and climb the leaderboard to win.

Learn more: https://exclusivemarkets.com/ramadan-promo.

Meet us There

Industry professionals, partners, and clients can visit the representative office to see firsthand how the company is shaping the future of trading in the region.

Address: The Offices 3, Level 5, No. 547, One Central Dubai World Trade Centre, Sheikh Zayed Road, P.O Box 9573, Dubai, UAE
Email: info@exclusivemarkets.com

About Exclusive Markets

Established in 2018, Exclusive Markets is a recognised multi-asset trading provider committed to innovation, trust, and client satisfaction. Building on the foundational values of customer-centricity, Exclusive Markets is dedicated to becoming a global force in finance, making investment opportunities accessible to all clients worldwide.

 

Dingdong to Report Fourth Quarter 2024 Financial Results on March 6, 2025

SHANGHAI, March 3, 2025 /PRNewswire/ — Dingdong (Cayman) Limited (“Dingdong” or the “Company”) (NYSE: DDL), a leading fresh grocery e-commerce company in China, with advanced supply chain capabilities, today announced that it will report its unaudited financial results for the fourth quarter ended December 31, 2024, before U.S. markets open on March 6, 2025.

The Company will hold an earnings conference call at 7:00 A.M. Eastern Time on Thursday, March 6, 2025 (8:00 P.M. Beijing Time on the same day) to discuss its financial results. Management’s prepared remarks and the question-and-answer session will be conducted in English and Mandarin. Dial-in details for the earnings conference call are as follows:

International:

1-412-317-6061

United States Toll Free: 

1-888-317-6003

Mainland China Toll Free: 

4001-206115

Hong Kong Toll Free:

800-963976

Conference ID:

4474666

The replay will be accessible through March 13, 2025 by dialing the following numbers:

International:

1-412-317-0088

United States:

1-877-344-7529

Access Code:

7865911

A live and archived webcast of the conference call will also be available at the Company’s investor relations website at https://ir.100.me.

About Dingdong (Cayman) Limited

Dingdong is the leading fresh grocery e-commerce company in mainland China, with sustainable long-term growth. The Company directly provides users and households with fresh groceries, prepared food, and other food products through delivering a convenient and excellent shopping experience supported by an extensive self-operated frontline fulfillment grid. Leveraging its deep insights into consumers’ evolving needs and its strong food innovation capabilities, Dingdong has successfully launched a series of private label products spanning a variety of food categories. Many of Dingdong’s private label products are produced at its own production plants, allowing it to more efficiently produce and offer safe and high-quality food products. Dingdong aims to be the first choice for fresh and food shopping.

For more information, please visit: https://ir.100.me.

Transforming Tianhe: A Vision for Modern Industries

BEIJING, March 3, 2025 /PRNewswire/ — A news report from chinadaily.com.cn:

A panoramic view of the skyscrapers of Tianhe district. [Photo/VCG]
A panoramic view of the skyscrapers of Tianhe district. [Photo/VCG]

Tianhe district, Guangzhou’s leading economic powerhouse, is prioritizing the development of eight strategic industry clusters, four future industries, and six modern service industries as its approach to high-quality development.

The district announced its decision to establish a “12126” modern industrial system during its recent high-quality development conference.

The “12” in the “12126” system refers to eight strategic industry clusters and four future industries; and the “6” encompasses six modern service industries.

The district aims to create a modern industrial cluster system supported by five industries by 2035: modern finance, software and the internet, professional services, modern commerce, and cultural creativity, each capable of an annual output value of 100 billion yuan ($13.80 billion).

Additionally, five other industries – AI, intelligent equipment and robotics, biomedicines and health, intelligent connected vehicles and new energy vehicles, as well as technology services – are projected to achieve an annual output value of 50 billion yuan each.

To this end, the district has developed a series of preferential policies for local businesses and will announce new incentives for its strategic and future industries.

Tianhe plans to set aside a budget of over 1 billion yuan annually to support the development of key industries under the “12+6” framework.

“Tianhe is the starting point of XPeng Motors and will remain the key place for its business development,” said He Xiaopeng, chairman of XPeng Motors, who completed his college education and started his business in the district. “From software to mobile internet, and to AI auto, I’m lucky to have witnessed and participated in China’s rapid development of science and technology over the past three decades.”

He reaffirmed XPeng’s commitment to investing in Tianhe, with a new headquarters to be launched in August.

NetEase CEO Ding Lei credited Tianhe’s “daring to break and build” mindset and supportive business environment for its success.

With AI-driven transformations on the horizon, NetEase will continue investing over 10 billion yuan annually in R&D to drive global innovation.

Having been Guangzhou’s No.1 district in GDP for 18 consecutive years, Tianhe is known for its technological innovation.

Its Wushan-encircled innovation source area has the highest intelligence density in Guangdong province, while its Keyun Road is referred to as the “No. 1 game street in China.”

Pegatron 5G with Industrial Partners Optimizes Private Networks at MWC 2025

BARCELONA, Spain, March 3, 2025 /PRNewswire/ — Pegatron 5G joins Mobile World Congress to showcase end-to-end 5G O-RAN products including RedCap Dongle and Camera, Low Latency 5G Enterprise Network, Layer-2 PDU transport over 5G network, Network-in-Radio, PR1450 O-RU, DU, CU, and OSS including SMO, RIC, xApps, and rApps. 

Pegatron 5G showcasing enterprise solutions at MWC 2025, Hall 5 5A82.
Pegatron 5G showcasing enterprise solutions at MWC 2025, Hall 5 5A82.

“I am very pleased to bring a leading set of 5G network features and devices to optimize industrial and enterprise private network requirements with Qualcomm Technologies, Radisys, VIAVI and HMS,” said CY Feng, General Manager, Business Group of Communication Products, Pegatron.

RedCap

Pegatron 5G demonstrated live RedCap end-to-end network utilizing the Snapdragon® X35 Modem-RF System-enabled 5G “Muscat” Camera and “MD200” 5G Dongle. 

“We are thrilled to congratulate Pegatron on their successful demonstration,” said Gautam Sheoran, VP and GM of the Wireless Broadband and Communications at Qualcomm Technologies, Inc. “The introduction of these devices at a more affordable price point signifies a pivotal step in making advanced 5G capabilities more accessible while delivering high value to the market.”

Low Latency Communications

Pegatron 5G demonstrated live Low Latency 5G network over ORAN network topology coworking with VIAVI. Pegatron 5G uses optimization features such as the “Themis” scheduler developed by Pegatron 5G, Frame structure optimization, TTI Merging, lowSE MCS, Lower k1 and k2 optimized in coordination with Radisys. Pegatron 5G is able to show significant reduction in latency and decrease in latency jitter.  

“Together with our industry partners Radisys (L2 stack), Metanoia (ORAN PR1450 Radio SOC), and VIAVI (Test Equipment solutions), Pegatron 5G is able to focus on enterprise networks to meet industrial needs for low latency applications,” said David Hoelscher, VP & Chief Product Officer, Pegatron 5G.

“Low latency industrial networks have demanding specifications that require in-depth testing of both functionality and performance. VIAVI is pleased to be working closely with Pegatron to deploy 5G test systems that reduce their time to market and deliver high quality solutions,” said Stephen Hire, VP Solutions and Services.

Layer 2 PDU

Pegatron 5G demonstrated live Layer 2 PDU over 5G showing wireless 5G transport of PROFINET Industrial Ethernet protocol using HMS Networks Anybus Communicator.

“This will improve the efficiency and flexibility of traditional factories to become Industry 4.0-Wireless,” said Henrik Arleving, Product Manager Anybus Wireless at HMS Networks.

This industry first requires a strong collaboration between multiple partners. Pegatron 5G RAN, Qualcomm Dragonwing™ FSM200 Platform for Small Cells, and Core Network optimizations from Radisys, as well as Industrial Ethernet expertise from industry leaders such as HMS Networks.

Network-in-Radio

Pegatron 5G demonstrated PNW-2400, Network-in-Radio, combining Pegatron 5G PS2400 Integrated Small Cell Radio chassis and computing platform with Radisys optimized 5G core. By utilizing the Dragonwing FSM200 Platform, the Pegatron PNW-2400 addresses challenging power, cost and size requirements for private 5G network deployments. The PNW-2400/ PS-2400 radio is designed with high computing power NXP LX2160A 16-core NPU, which enables all Radio and 5GC functionality in one enclosure. With light weight deployment options and LEO satellite connection, the PNW-2400 Network-in-Radio can be easily transported and deployed to isolated regions.   

“Radisys is pleased to partner with Pegatron 5G to enhance the PNW-2400 with our 5G Connect RAN and low footprint embedded 5G Core software, enabling universal connectivity optimized for maritime, disaster relief, and emergency communications in extreme conditions,” said Munish Chhabra, Head of Mobility Software and Services Business, Radisys.

Pegatron 5G announces full suite of 5G ORAN products.

About Pegatron 5G

Pegatron 5G provides of end-to-end solutions, include 5G radios, servers, networking, edge computing and management solutions for private networks.

Millennium Hotels and Resorts Marks Three Decades in Hospitality

Celebrating its Pearl anniversary, the brand invites guests to experience hospitality the “The Millennium Way”.

SINGAPORE, March 3, 2025 /PRNewswire/ — Millennium Hotels and Resorts (MHR), a global leader in hospitality with a legacy of award-winning excellence, enters its third decade of unparalleled service. To mark this milestone, MHR has launched The Millennium Way campaign to redefine guest experiences and inspire travels through its diverse offerings.

Millennium Hotels and Resorts celebrates 30 Year of Excellence
Millennium Hotels and Resorts celebrates 30 Year of Excellence

“Celebrating 30 years is not just about our properties, it’s also about the people who have shaped our company to what it is today. Our guests, partners, and teams are the heartbeat of our brand, the very DNA that fuels our journey. Their loyalty, trust, and passion have defined our legacy, and we are honoured to celebrate this milestone with them. The Millennium Way is more than a campaign—it’s our promise to continue innovating, elevating experiences, and creating unforgettable moments for our guests. Looking ahead, we are inspired to grow, transform, and redefine hospitality together,” said Mr Saurabh Prakash, Interim Chief Operating Officer & Chief Commercial Officer, MHR.

The Millennium Way Offer

From 14 February 2025 to 31 March 2026, guests can enjoy up to 20% off room rates, and indulge in a range of personalised perks, tailored to enhance guest experience at MHR hotels worldwide. From complimentary breakfast to dining credits, welcome drinks, late-check out and more, each property offers varying benefits to ensure a rewarding travel experience for all guests.

Stay More, Earn More with The Millennium Way

Members of MyMillennium, MHR’s global guest loyalty programme, have even more reasons to look forward to their travels. With The Millennium Way, members can enjoy 3,000 bonus MyPoints for booking with this exclusive rate on a consecutive three-night stay. The longer you stay, the more you’re rewarded—accumulate 9 nights and earn an impressive 30,000 bonus MyPoints. Simply book any public rate on our website to unlock this generous bonus.

A Culinary Odyssey to Discover Global Flavours

MyMillennium members can embark on a discovery of flavours with MHR’s new dining campaign, A Culinary Odyssey, encouraging guests to indulge in diverse dining experiences across our properties. Enjoy world-class dining and earn 3,000 MyPoints (worth USD$15) with a minimum spend of USD$90 at participating F&B outlets. A Culinary Odyssey will launch in Singapore first, before extending progressively to other regions.

Find out more: millenniumhotels.com/themillenniumway 

Temu Wins High Ratings for Quality, Data Handling and Returns from Top German Consumer Watchdog

BERLIN, March 3, 2025 /PRNewswire/ — Stiftung Warentest, Germany’s leading consumer testing organization, awarded Temu a “good” rating for data handling and shopping experience. The independent evaluation also found that products purchased from Temu were “usable and as described.”

The assessment was part of Stiftung Warentest’s review of seven major e-commerce platforms, examining product safety, data handling, and the overall shopping experience. Temu was among the top performers in the evaluation, which also included Amazon, eBay, AliExpress, Fruugo, Wish, and Banggood.

Founded in 1964 by the German federal parliament, Stiftung Warentest is Germany’s most trusted independent consumer testing agency. Its evaluations follow strict scientific protocols, combining laboratory testing with real-world use cases to provide objective, reliable product assessments.

Temu’s performance in the evaluation reflects its ongoing efforts to strengthen quality assurance. The company implements a rigorous seller and product vetting process, backed by proactive monitoring and swift corrective action.

Germany is Temu’s largest EU market, with 17 million users, according to its latest EU transparency report. Since launching in Europe in April 2023, Temu has prioritized quality assurance and data protection to enhance consumer trust.

Temu collaborates with leading global testing and certification organizations, including TÜV SÜD, TÜV Rheinland, SGS, and Bureau Veritas, to ensure third-party seller products meet required standards. In addition, Temu has been certified by Dekra, a respected German testing and certification body, to meet the Mobile App Security Assessment cybersecurity standard.

In its evaluation, Stiftung Warentest rated Temu’s shopping process “good” and its return experience “very good”— the highest rating in the evaluation and the best among the seven marketplaces tested.

“Our purchase via Temu went smoothly. We were able to return the goods free of charge and without any complications; the full purchase price was refunded without any problems,” Stiftung Warentest noted in its report.

Since launching in the U.S. in 2022, Temu has expanded to over 90 global markets, offering consumers a broad selection of quality, affordable products. The company is actively onboarding local sellers and has rolled out local fulfillment in key markets, including the U.S., U.K., Germany, France, Belgium, Netherlands, Italy, Spain, Sweden, and Poland.

Temu expects its local-to-local model to account for 80% of European sales, creating new opportunities for local businesses while offering consumers quality products at competitive prices.

About Temu

Temu is a global e-commerce platform connecting consumers with millions of manufacturers, brands, and business partners. Operating in over 90 markets worldwide, Temu is committed to providing affordable, high-quality products that enable customers to live better lives. Founded in 2022, Temu’s mission is to create an inclusive environment where consumers and businesses can thrive.