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Focus Graphite Initiates WSP-Led Dam Break Study at Lac Knife, Advancing ESIA Toward Completion

Expected to support final stages of the ESIA process, further strengthening project de-risking and permit readiness at Lac Knife

Ottawa, Ontario – Newsfile Corp. – March 30, 2026 – Focus Graphite Inc. (TSXV: FMS) (OTCQB: FCSMF) (FSE: FKC0) (“Focus” or the “Company“), a Canadian developer of high-grade flake graphite deposits and advanced graphite materials for battery, defence, and industrial applications, is pleased to announce the initiation of a comprehensive tailings storage facility (TSF) dam break analysis (the “Study“) for its flagship Lac Knife Graphite Project (the “Project“) located in Quebec.

The Study, led by WSP Canada Inc. (“WSP“), a global leader in engineering and environmental consulting, will evaluate hypothetical failure scenarios for the Project’s planned filtered (dry-stack) tailings storage facility and associated water retention infrastructure. The work will generate detailed flood mapping and downstream impact assessments, forming a key component of the Company’s Environmental and Social Impact Assessment (“ESIA“).

Using advanced hydrological and hydraulic modelling, the analysis will simulate breach scenarios under extreme conditions, including Probable Maximum Precipitation (PMP). The Study will incorporate site-specific topography and established industry methodologies to estimate potential flood extent, depth, and timing. These outputs are intended to inform contingency planning, support regulatory review, and strengthen the overall ESIA submission, with completion expected to support the Company’s 2026 ESIA advancement timeline.

The assessment is being conducted in alignment with recognized industry frameworks, including guidelines from the Canadian Dam Association (CDA) and the Global Industry Standard on Tailings Management (GISTM), reflecting a risk-informed and environmentally responsible approach to project design.

“This is a meaningful step forward for Lac Knife,” said Dean Hanisch, Chief Executive Officer of Focus Graphite. “With this study underway, we are entering the final stages of the ESIA process and establishing a clearer line of sight toward permitting. As we advance, we remain committed to developing this project responsibly, respecting the surrounding environment and the communities connected to this land, while building a high-quality, near-term source of graphite for North American supply chains.”

The Study builds on a substantial body of completed technical work and reflects continued advancement of the Project through the development pipeline. The use of filtered (dry-stack) tailings at Lac Knife represents a modern approach to tailings management, widely recognized as a lower-risk alternative to conventional slurry-based systems. This analysis further enhances understanding of downstream conditions and supports integration of risk-informed engineering into final design.

Upon completion, results will be incorporated into the Company’s ESIA documentation, supporting ongoing engagement with regulators and stakeholders. Completion of the ESIA is expected to represent a key milestone toward permitting and future construction readiness.

WSP brings extensive global expertise in mining, hydrotechnical engineering, and tailings management, reinforcing the technical rigor underpinning the Project.

The Company will continue to provide updates as ESIA-related milestones are achieved.

Qualified Person
The technical content disclosed in this news release was reviewed and approved by Richard Pearce, PE, President of Brasil Insight Capital LLC., a consultant to the Company, and a qualified person as defined under National Instrument NI-43-101.

About Focus Graphite Advanced Materials Inc.
Focus Graphite Advanced Materials is redefining the future of critical minerals with two 100% owned world-class graphite projects and cutting-edge battery technology. Our flagship Lac Knife project stands as one of the most advanced high-purity graphite deposits in North America, with a fully completed feasibility study. Lac Knife is set to become a key supplier for the battery, defence, and advanced materials industries.

Our Lac Tetepisca project further strengthens our portfolio, with the potential to be one of the largest and highest-purity and grade graphite deposits in North America. At Focus, we go beyond mining — we are pioneering environmentally sustainable processing solutions and innovative battery technologies, including our patent-pending silicon-enhanced spheroidized graphite, designed to enhance battery performance and efficiency.

Our commitment to innovation ensures an eco-friendly supply chain from mine to market. Collaboration is at the core of our vision. We actively partner with industry leaders, research institutions, and government agencies to accelerate the commercialization of next-generation graphite materials. As a North American company, we are dedicated to securing a resilient, locally sourced supply of critical minerals — reducing dependence on foreign-controlled markets and driving the transition to a sustainable future.

For more information on Focus Graphite Inc. please visit http://www.focusgraphite.com.

LinkedIn: https://www.linkedin.com/company/focus-graphite/
X: https://x.com/focusgraphite

Investors Contact:
Dean Hanisch
CEO, Focus Graphite Inc.
dhanisch@focusgraphite.com
+1 (613) 612-6060

Jason Latkowcer
VP Corporate Development
jlatkowcer@focusgraphite.com

Cautionary Note Regarding Forward-Looking Statements
Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words “could,” “intend,” “expect,” “believe,” “will,” “projected,” “estimated,” and similar expressions, as well as statements relating to matters that are not historical facts, are intended to identify forward-looking information and are based on the Company’s current beliefs or assumptions as to the outcome and timing of such future events.

In particular, this press release contains forward-looking information regarding, among other things, the anticipated scope, timing and completion of the tailings dam break analysis; the Company’s belief that the Study represents one of the final major technical components required to support completion of the Environmental and Social Impact Assessment (“ESIA”); the incorporation of Study results into ESIA documentation; the advancement of the Lac Knife Project toward permitting and regulatory approval; and the Company’s plans and objectives for the development of the Project.

Forward-looking statements are subject to known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to differ materially from those expressed or implied by such statements. These risks and uncertainties include, but are not limited to, risks related to market conditions, regulatory approvals, changes in economic conditions, the ability to raise sufficient funds on acceptable terms or at all, operational risks associated with mineral exploration and development, and other risks detailed from time to time in the Company’s public disclosure documents available under its profile on SEDAR+.

The forward-looking information contained in this release is made as of the date hereof, and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties, and assumptions contained herein, investors should not place undue reliance on forward-looking information.

Neither TSX Venture Exchange nor its Regulation Services accepts responsibility for the adequacy or accuracy of this release.

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

Indonesia Bans Social Media Access for Under-16s

Indonesia bans social media access for under-16s

Indonesia became the first country in Southeast Asia to ban children under 16 from social media on 28 March, following a growing global push to protect young people from online harms.

The regulation, announced earlier this month by Communications Minister Meutya Hafid, blocks minors from holding accounts on eight platforms, YouTube, TikTok, Facebook, Instagram, Threads, X, Bigo Live and Roblox. 

With a population of over 280 million, the largest in Southeast Asia and fourth largest in the world, roughly 70 million children, about a quarter of the total, fall under the new rules.

The government cited exposure to pornography, cyberbullying, online scams and internet addiction as key drivers behind the decision. Meutya was unequivocal on enforcement, stating there is “no room for compromise regarding compliance,” and warned that non-compliant platforms could face heavy fines or an outright nationwide ban, according to local media.

Compliance is already taking shape. 

X and Bigo Live have fully aligned with the new rules, while TikTok and YouTube announced they would evaluate their platforms to meet legal requirements. 

Roblox, meanwhile, is preparing to limit features for users under 13. All platforms are expected to deactivate underage accounts gradually, in phases.

Indonesia is not acting alone. 

Australia implemented its own under-16 social media ban in December 2025, becoming the first country in the world to do so. France, Spain, Germany, Malaysia and the United Kingdom are all moving toward similar restrictions.

Seed Medical Launches Comprehensive Psychiatric Services Hong Kong Mental Health Hits Record High; Experts Warn on AI Reliance


HONG KONG SAR – Media OutReach Newswire – 30 March 2026 – Mental health in Hong Kong has reached a critical “red light” status. According to last year’s “The Mental Health Association of Hong Kong” survey1, the average scores for depression and anxiety among Hong Kong residents reached 7.27 and 5.9, respectively—marking the highest levels recorded since 2012. The findings highlight that Gen Z (aged 18 to 24) faces the most severe mental health crisis, with a strong correlation identified between excessive electronic device usage and emotional distress.

When facing emotional lows, as many as 55% of respondents remain hesitant to seek professional help, while “AI Assistants” have climbed to the sixth most popular choice for seeking support for the first time. In response to these trends, Seed Medical has launched its new Specialist Psychiatric Services, providing comprehensive mental health support for children, adults, and the elderly. Covering conditions such as ADHD (Attention Deficit/Hyperactivity Disorder), ASD (Autism Spectrum Disorder), and various symptoms of anxiety, the clinic provides professional clinical diagnoses and urges the public not to over-rely on virtual interactions, which may lead to missing the “golden window” for effective treatment.

Virtual Interaction Cannot Replace Human Connection; Emotional Support Still Requires a “Human Touch”

As AI emerges as a new channel for emotional expression, its immediacy and low barrier to access have made it easier for many individuals to “open up” when facing stress. However, experts note that AI interactions are fundamentally based on algorithms and data-driven responses, and may not accurately capture an individual’s personal context or emotional depth.

Mr. Wong Man Shun2, Deputy Executive Director of the Hong Kong Mental Health Association, cautioned that for individuals already experiencing emotional distress, treating AI-generated content as reality or relying on virtual interaction in place of real human relationships may not address the root of the issue. In some cases, it may even delay timely access to professional support.

Compared with impersonal, machine-based interactions, communicating with real people and expressing emotions remain irreplaceable components of mental well-being. Face-to-face communication not only provides emotional support, but also enables professionals to conduct comprehensive assessments through careful observation and active listening—taking into account verbal and non-verbal cues—thereby offering more appropriate, personalised guidance and support.

Person-Centered Mental Health Support: Addressing Diverse Needs

In response to the growing demand for mental health services, Seed Medical has officially launched its Psychiatric Services. Led by experienced psychiatrists, the center provides comprehensive assessment, diagnosis, and tailored support for all age groups, including:

  • Child and Adolescent Mental Health: Supporting Attention Deficit Hyperactivity Disorder (ADHD), Special Educational Needs (SEN), Autism Spectrum Disorder (ASD), and various behavioral challenges through early assessment and intervention.
  • Adult Mental Health: Addressing anxiety, depression, stress-related issues, and emotional difficulties.
  • Elderly Mental Health Support: Specialized care for dementia(cognitive decline), emotional health issues, and sleep disorders.

While it is natural to seek different ways, including AI tools, to relieve stress in daily life, when emotional distress persists or begins to affect daily functioning, professional healthcare support remains essential.

If citizens or those close to them are experiencing mental health challenges, seeking professional advice at an early stage can help provide clarity and facilitate appropriate next steps.

Refeerence:

  1. 香港心理衛生會|「全港抑鬱指數調查2025」發佈會
  2. CUHK reveals Hong Kong’s depression and anxiety indices reach record highs;AI assistance rises to sixth place Over-reliance may delay professional treatment

Hashtag: #SeedMedical #Medical #Health



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

About Seed Medical

Seed Medical is a professional medical service provider in Hong Kong dedicated to offering evidence-based and personalized health management solutions. Our services include weight management, vaccinations, comprehensive health screenings, and specialist psychiatric consultations, accompanying every client on their path to a healthier life.

  • Website:
  • Phone / WhatsApp: +852 3488 3836
  • Email: info@seedmedicalhk.com
  • Opening Hours: Mon–Fri 09:00–18:00; Sat 09:00–13:30 (Closed on Sundays and Public Holidays)

PolyU researchers pioneer novel multi-energy field-assisted diamond cutting technology, enabling ultra-precision manufacturing for high-performance materials


HONG KONG SAR – Media OutReach Newswire – 30 March 2026 – Machining, involving the precise cutting and shaping of materials, is a key manufacturing process. As industries increasingly adopt the use of high-performance materials with high strength and hardness, traditional machining methods often fall short in delivering the required precision. A research team at The Hong Kong Polytechnic University (PolyU) has developed a ground-breaking machining technology that combines laser and magnetic fields during diamond cutting, enhancing cutting smoothness and surface quality while reducing a material’s subsurface damage and tool wear. This dual-field approach demonstrates exceptional manufacturing capabilities that surpass existing field-assisting cutting techniques, making possible ultra-precision machining of a range of challenging advanced materials.

Prof. Sandy To Suet, Professor of the PolyU Department of Industrial and Systems Engineering and Associate Director of the State Key Laboratory of Ultra-precision Machining Technology, and her research team, have developed an innovative and unique multi-energy field-assisted ultra-precision machining technology that enhances cutting smoothness and surface quality, while also reducing a material’s subsurface damage and tool wear, demonstrating exceptional manufacturing capabilities that surpass existing field-assisting cutting techniques.
Prof. Sandy To Suet, Professor of the PolyU Department of Industrial and Systems Engineering and Associate Director of the State Key Laboratory of Ultra-precision Machining Technology, and her research team, have developed an innovative and unique multi-energy field-assisted ultra-precision machining technology that enhances cutting smoothness and surface quality, while also reducing a material’s subsurface damage and tool wear, demonstrating exceptional manufacturing capabilities that surpass existing field-assisting cutting techniques.

The innovative and unique multi-energy field-assisted ultra-precision machining technology, known as in-situ laser-magnetic dual-field assisted diamond cutting (LMDFDC), has been developed by Prof. Sandy TO Suet, Professor of the PolyU Department of Industrial and Systems Engineering and Associate Director of the State Key Laboratory of Ultra-precision Machining Technology, and her research team. Relevant research findings are published in International Journal of Extreme Manufacturing.

Site field machining refers to the application of external energy fields, such as laser and magnetic fields, at the cutting site during the machining process. Existing field-assisting cutting techniques have certain limitations. For example, a laser field helps soften hard-brittle materials and makes them easier to cut, but often causes melting or craters due to overheating; a magnetic field can diminish cutting force and enhance heat dissipation to ease cutting process, but its effect is unstable across different materials and surface scratches caused by the exfoliation of hard particles in high-performance materials like high-entropy alloys (HEAs) cannot be avoided.

By combining laser and magnetic fields, LMDFDC synergises strengths of both fields and mitigates their respective drawbacks. The researchers compared this new approach with three other machining methods for HEA workpieces: laser-only, magnetic-only and cutting without any external field. Using a suite of advanced tools, they observed changes of the workpiece at multiple levels—from surface appearance to subsurface features and atomic-scale structures.

Results showed that, through thermo-magneto-mechanical multi-physical synergistic interactions, LMDFDC improves machinability to a degree not achievable with either field alone. In particular, the technology produces finished pieces with smoother surface and less damaged subsurface by using a magnetic field to enhance heat transfer and suppress laser-induced thermal damage, while the laser softens hard particles to avoid scratches and improve cutting stability. The dual-field coupling effect also prevents the formation of build-up on tool edges caused by severe friction, and rapid tool degradation from heat, significantly reducing tool wear and extending their lifespan.

In 2017, at the forefront of advanced manufacturing technology research, Prof. To led her team to propose the world’s first magnetic field-assisted diamond cutting technique that enhances manufacturability of difficult-to-machine materials. She said, “As time progresses, single-field assisted machining technologies are proving increasingly inadequate for the precision manufacturing of new high-performance materials, especially the emerging HEAs with their excellent strength and stability that are highly desirable for advanced engineering applications in high-ends fields like aerospace and energy. LMDFDC marks a technological breakthrough in machining these new materials, opening up new avenues of ultra-precision manufacturing technology.”

In addition to introducing a transformative dual-field assisted machining technology, the research also investigated what occurs, what changes and what improves in the materials when dual fields are applied. This deepens scientific understanding of material transformations during field-assisted processes and their underlying mechanisms, bridging a critical knowledge gap for designing future multi-field machining methods for various advanced materials.

“The research is among the first to thoroughly examine how laser and magnetic fields work together during ultra-precision machining, and how this combined action differs from using either field alone,” Prof. To added. “The significance of the findings resides in propelling frontier academic developments in multi-physics coupled manufacturing theories while discovering innovative machining approaches.

Currently in the process of patenting the innovative LMDFDC technology, the research team plans to explore additional combinations of energy fields to support the development of more versatile and reliable multi-physics machining approaches.

The research was supported by the National Natural Science Foundation of China’s General Program, as well as the General Research Fund of the Research Grants Council and the Mainland-Hong Kong Technology Cooperation Funding Scheme under the Innovation and Technology Fund of the Innovation and Technology Commission of the Hong Kong Special Administrative Region Government.
Hashtag: #PolyU #Machining #UltraPrecisionMachining #DiamondCuttingTechnique #HongKong

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

Beijing Review: Prosperity on the Plateau

BEIJING, March 30, 2026 /PRNewswire/ — March 28, 1959. That day, under the leadership of the Communist Party of China (CPC), the people of Xizang rose to launch their democratic reform. Centuries of feudal serfdom, a system that had bound them in servitude, ended forever.


A nation may span great distances; it is where the people dwell

One million serfs and slaves walked out of bondage and into freedom.

It was more than a political transformation. It was an emancipation for a region that had long been denied its dignity.

With the establishment of Xizang Autonomous Region in 1965, the region embarked on a new chapter.

“A nation may span great distances; it is where the people dwell.” This sentence is a quote from The Book of Songs, China’s first anthology of poems. It means that a nation’s territory is wherever its people reside. The people form the bedrock, everything else rests upon them.

Chinese President Xi Jinping quoted the line in a speech at a gathering to honor national role models for ethnic unity and progress on September 27, 2019. He noted that since antiquity, the inhabitants of the Central Plains and frontiers have engaged in frequent interaction.

The people of Xizang and other ethnic groups in China have long embraced a shared vision of a unified homeland rooted in the wellbeing of its people. Since the 18th CPC National Congress in 2012, the region has entered a period of steady development, one marked by meaningful change and tangible benefits for all ethnic groups living in the region.

As of late 2020, Xizang, together with the rest of the country, had eradicated extreme poverty and achieved the goal of moderate prosperity in all respects. Living standards in the region have since made a historic leap forward.

Over the past 60-plus years, Xizang’s GDP has surged, growing from 327 million yuan ($132 million) in 1965 to around 303 billion yuan ($43.8 billion) in 2025. Infrastructure has seen immense improvement, with railways, aviation and highways integrating the region into the wider world. High-altitude power lines empower households across the region, while high-speed 5G Internet access is available on the summit of Mount Qomolangma, the world’s highest peak at a height of 8848.86 meters.

The systems for education, healthcare and social security in Xizang continue to improve. In 2012, the region took the national lead in providing a 15-year free education from the preschool stage to senior middle school. Average life expectancy rose from 35.5 years in 1951 to 72.5 years in 2025.

The people of all ethnic groups in Xizang feel more connected to one another and to the nation as a whole.

Freedom of religious belief is fully respected and protected.

Xizang’s traditional culture is also flourishing. Time-honored treasures, from the heroic Epic of King Gesar and Tibetan opera to ancient medicine and the intricate art of Thangka painting, have found new life.

On March 12, the Fourth Session of the 14th National People’s Congress, China’s top legislature, adopted the Ethnic Unity and Progress Promotion Law. This dedicated legislation provides a comprehensive legal framework for advancing related initiatives. Ethnic unity is felt everywhere, from the Great Hall of the People in Beijing to families across Xizang, in the way people work together.

This is the first year of China’s 15th Five-Year Plan (2026-30). This five-year period is a critical phase in laying a solid foundation for basically achieving socialist modernization by 2035.

Hopes are high that the people of Xizang will continue moving forward, working together with the rest of China toward a future that is united, prosperous and harmonious.

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3F’s Holding S.A. reports Consolidated Financial Statements for the 2024/2025 Financial Year

LUXEMBOURG, March 30, 2026 /PRNewswire/ — 3F’s Holding S.A. has approved its Consolidated Financial Statements for the 2024/2025 financial year, ended on August 31, 2025. 3F’s Holding S.A. (3F’s Group) became the ultimate parent company of Ferrero Group and CTH Invest Group on February 24, 2025, bringing both businesses under a single structure fully owned by Mr. Giovanni Ferrero.

Financial performance for the 2024/2025 financial year

3F’s Group delivered a strong performance, closing the year with consolidated revenues of EUR22.3 billion, representing an increase of 5.3% compared with the prior year. EBITDA was EUR3.2 billion, up 11.2% from the previous year. As of August 31, 2025, 3F’s Group employed 62,797 people globally and managed a total consolidated asset of EUR27.4 billion, including 64 manufacturing plants worldwide. During the financial year, consolidated revenues reflected the strength of a balanced and diversified sweet-packaged food portfolio, spanning beyond chocolate confectionery, to include biscuits and bakery, sugar confectionery, ice creams and snacks.

“We are encouraged by the strong momentum across the businesses. Our growth reflects strong organic performance at both Ferrero Group and CTH Invest Group, driven by continued innovation across our iconic brands and complemented by targeted strategic acquisitions,” said Mr. Giovanni Ferrero, President of 3F’s Holding S.A.

Innovation drives growth across markets and categories

Mr. Lapo Civiletti, Chief Executive Officer at Ferrero Group, said: “We continue to bring joy to generations around the world through our iconic brands, and this year, as we mark 80 years of our heritage, that commitment remains as strong as ever. Our growth strategy continues to deliver. This progress reflects our confidence in the future and our ability to invest with a long-term perspective to support sustainable growth.”

Ferrero Group accelerated growth by innovating its iconic products while entering new categories:

  • Expanded Nutella® into frozen bakery with products such as Nutella® Crêpe and Nutella® Donut, alongside continued innovation including Nutella® Plant-Based during the financial year and Nutella® Peanut more recently.
  • Met evolving consumer preferences with the launch of Tic Tac Two, a new sugar-free, dual-flavor range.
  • Through Wells Enterprises, part of Ferrero Group, extended three North American favorite confectionery brands—Butterfinger®, BabyRuth® and 100 Grand®—into ice cream bars, offering consumers new formats and experiences.

Mr. Guido Giannotta, Director at CTH Invest Group, said: “Our strong performance reflects the strength of a diversified portfolio and our ability to grow across categories and geographies. We reinforced our leadership in sugar confectionery and premium biscuits, broadened our offerings, and strengthened our presence in key markets, while continuing to support ongoing investment, demonstrating CTH Group’s resilience and competitiveness.”

CTH Invest Group puts innovation at the center of growth:

  • Ferrara strengthened its innovation pipeline with new NERDS® Gummy Clusters formats, freeze–dried assortments from SweeTARTS®, Lemonhead® and Spree®.
  • Fox’s Burton’s Company expanded its offer with the launch of Maryland® S’wich, the UK’s only chocolate–chip sandwich cookie, alongside the introduction of Rocky® Stack’d, the brand’s first-ever sandwich bar.
  • Fine Biscuits Company’s Délichoc® marked a key milestone in its brand restage, focusing its innovation pipeline on reinforcing brand impact particularly among younger consumers.

Strategic acquisitions enhancing a portfolio of iconic brands

During the 2024/2025 financial year, Ferrero Group completed the acquisition of Power Crunch in the U.S. on January 31, 2025, while CTH Invest Group closed the acquisition of Nonni’s Bakery in the U.S. on October 1, 2024.

Following the close of the financial year, Ferrero Group completed the acquisition of WK Kellogg Co. on September 26, 2025, and signed an agreement to acquire Bold Snacks, a leading Brazilian premium protein snack company, on March 17, 2026, while CTH Invest Group closed the acquisition of CPK Group in France on October 31, 2025.

 

About 3F’s Holding S.A.

3F’s Holding S.A. (3F’s Group) is the ultimate parent company of Ferrero Group and CTH Invest Group. Through these operating groups, Ferrero Group and the affiliated companies owned by CTH Invest Group including Ferrara, Nonni’s Bakery, Fox’s Burton’s Company, Fine Biscuits Company offer a diversified portfolio spanning chocolate and sugar confectionery, biscuits and bakery, ice cream, cereals, and snacks.

The portfolio includes iconic brands like Nutella®, Kinder®, Tic Tac®, Ferrero Rocher® as well as Butterfinger®, Power Crunch®, Halo Top®, Blue Bunny®, Kellogg’s Froot Loops®, Kellogg’s Special K®, Kellogg’s Raisin Bran®, NERDS®, Jelly Belly®, Maryland®, Jammie Dodgers®, Delacre®, Kjeldsens®, Michel et Augustin®, Nonni’s Bakery® and Carambar, among others.

With presence in more than 170 countries, Ferrero Group and CTH Invest Group together employ over 65,000 people worldwide.

Hang Lung’s Westlake 66 Commences Soft Opening on April 28


HONG KONG SAR and SHANGHAI, CHINA – Media OutReach Newswire – 30 March 2026 – Hang Lung Properties Limited (“Hang Lung” or the “Company”; stock code: 00101) today announced that Westlake 66 in Hangzhou, the Company’s 11th mixed-use commercial development in Chinese Mainland, will commence its soft opening on April 28, 2026.

Westlake 66 in Hangzhou will commence its soft opening on April 28, 2026
Westlake 66 in Hangzhou will commence its soft opening on April 28, 2026

Opening in stages with a planned ramp-up, following the phased launch of its office towers since late 2025, Westlake 66 marks a major milestone in the Hang Lung’s Mainland portfolio and represents the latest embodiment of its “Pulse of the City” positioning. It will set a new benchmark for regional mixed-use development and redefine sophisticated lifestyle experiences in a top-tier Chinese city, leading the experiential retail trend and establishing a curated destination where culture, commerce, and community converge.

Situated in the Wulin CBD of Hangzhou in Zhejiang Province — one of China’s wealthiest provinces by GDP and purchasing power — Westlake 66 spans a gross floor area of approximately 390,200 square meters, bringing together a world-class shopping mall, five Grade A office towers, and the 194-key Mandarin Oriental Hangzhou — the first Mandarin Oriental in Zhejiang — to serve the discerning tastes of Hangzhou’s affluent and growing population.
Hashtag: #HangLungProperties

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

About Hang Lung Properties

Hang Lung Properties Limited (SEHK stock code: 00101) creates compelling spaces that enrich lives. Headquartered in Hong Kong and Shanghai, the Company manages a portfolio of over 3.5 million square meters of retail, office, residential, and hotel properties across Hong Kong and Chinese Mainland.
The Company’s diverse portfolio in Hong Kong includes office towers and malls in prime districts, as well as luxury residential developments in prestigious areas. In Chinese Mainland, under the signature “66” brand, the Company’s mixed-use and retail developments are regarded as premium landmarks, strategically located in the hearts of key cities of Shanghai, Shenyang, Jinan, Wuxi, Tianjin, Dalian, Kunming, Wuhan, and Hangzhou.
The Company is recognized for pioneering sustainability in the real estate industry, with an MSCI ESG rating of AA and inclusion on CDP “A List” for Climate Change. The Company powers 90% of its operating properties in the Mainland with renewable energy, with a net zero commitment by 2050.
At Hang Lung Properties – We Do It Well.
For more information, please visit .

AXA Launches Limited Offer of a 2-Year Premium Payment Term for “WealthAhead II Savings Insurance” Series

Empowering Customers to Accelerate Wealth Growth with Greater Flexibility
Projected total cash value exceeds 320% of total premiums paid in the 20th year
Prepaid premiums to enjoy guaranteed preferential interest rate up to 12% p.a. in the first 90 days

HONG KONG, March 30, 2026 /PRNewswire/ — AXA Hong Kong and Macau (“AXA”) is pleased to introduce a limited offer of a 2-year premium payment option for the WealthAhead II Savings Insurance Series[1] (“WealthAhead II Series” or the “Series”). Building on the strong market reception to WealthAhead II Series, this limited offer allows customers to accelerate wealth growth with a shorter premium commitment. By the 20th policy year, the projected total cash value is expected to exceed 320%[2] of the total premiums paid. In addition, the guaranteed preferential interest rate on prepaid premium will further enhance overall returns, supporting more effective wealth accumulation.

Janet Lee, Chief Life and Health Insurance Officer of AXA Hong Kong and Macau, said, “Amid rising global geopolitical tensions and market volatility, our customers are seeking both flexibility and stability. In response, the WealthAhead II Series now offers a 2-year fixed premium payment option, exemplifying the strategy of ‘short pay, long gain’. Building on the continuous popularity of the Series, this enhancement reflects our commitment to partnering with our customers to maximise their wealth, providing the liquidity needed to navigate the current challenges and the security to establish a lasting legacy for the future.”

3 Key Highlights of the Plan:

  1. Wealth Accumulation – Short premium payment term of 2 years with attractive potential returns and great flexibility 
    The Series offers a choice of up to 9 policy currencies[3], with favourable return each and includes flexible currency conversion option[4], to align with customers’ diverse individual needs and evolving plans. By the 20th policy year, the projected total cash value is expected to exceed 320% of the total premiums paid[2]. During the promotional period, customers who pay 2-year premiums in a single lump sum with USD as the policy currency, will receive a guaranteed preferential interest rate up to 12% p.a. on their prepaid premiums for the first 90 days, followed by up to 8% p.a. until the end of the first policy year[5].
  2. Wealth Allocation – Tailored Wealth Strategies in Action
    WealthAhead II Series features the market-first[6] Wealth Master Service[7], allowing customers to pre-set periodic withdrawal instructions for up to 3 designated recipients. Payments are automatically disbursed at scheduled intervals, creating personalised income streams that facilitate accurate and strategic wealth distribution. Additionally, the Series offers policy splitting options to optimise wealth allocation as the family expands.
  3. Wealth Succession – Empowering Generations to Build a Lasting Legacy Through Seamless Wealth Transfer
    The Series offers a range of trust-like[8] features aimed at safeguarding customers’ legacy and facilitating intergenerational wealth planning. Customers can ensure policy continuity and succession by designating a ‘contingent owner’, ‘interim owner[9]‘, ‘contingent insured’, or by exercising ‘the change of insured option’. Additionally, customers can appoint a designated executor and choose from various death benefit settlement options, enabling direct and efficient wealth transfer to family members.

The above information is for reference only. Please visit https://www.axa.com.hk/en/wealth-ahead-ii-savings-insurance for more details.

For full details on the promotional offer, product features, terms, conditions, and exclusions, please refer to the relevant product brochure, policy contract, and promotional leaflet[10].

[1] WealthAhead II Savings Insurance” Series includes “WealthAhead II Savings Insurance – Prime” and “WealthAhead II Savings Insurance – Supreme”.

[2] The projected values are for reference only and based on certain assumptions, including but not limited to USD/AUD/CAD is selected as the policy currency, 2-year premium payment term, annual premium payment mode is chosen, all premiums are paid in full when due, no levy on insurance premiums is included throughout the term of the policy, no benefits have been paid, and no withdrawals or other policy options have been exercised. Above projected value is not guaranteed and is projected based on the Company’s current assumed bonus scale. The actual value may be higher or lower than the projected value.

[3] The nine policy currencies include Renminbi (RMB), US Dollar (USD), British Pound (GBP), Euro (EUR), Canadian Dollar (CAD), Australian Dollar (AUD), Singapore Dollar (SGD), Hong Kong Dollar (HKD), and Macanese Pataca (MOP) (MOP is only applicable to policies issued in Macau only).

[4] Starting from the 2nd policy anniversary, the currency conversion option may be exercised within 30 days after each policy anniversary. There is no limit on the number of times this option may be exercised; however, only one application may be made per policy year. For details, please refer to the relevant product brochure and policy contract. Currency conversion involves exchange rate fluctuations, which may impact the actual benefits of the policy. It is advisable to fully understand the associated risks prior to proceeding with the conversion.

[5] For full details on the promotional offer, please refer to the relevant promotional leaflet.

[6] The information refers to the service of periodic withdrawal with up to 3 recipients of withdrawal payments. The information refers to Hong Kong market only and is based on a comparison of periodic withdrawal arrangements offered by insurers for Long-Term Businesses as defined by the Insurance Authority in the Register of Authorised Insurers in Hong Kong as of July 2025.

[7] Wealth Master Service is an administrative service arrangement offered by the Company and not a plan feature of “WealthAhead II Savings Insurance” Series. Any application for the service is subject to the Company’s approval at its sole and absolute discretion, any applicable laws, regulations and guidelines and the administrative rules of the Company from time to time.

[8] “Trust-like” indicates that the design concept of “WealthAhead II Savings Insurance” Series draws from the flexibility and precision of trust, but does not imply it is equivalent to a trust product.

[9] Interim owner is only applicable to policies issued in Hong Kong.

[10] https://axa.com.hk/en/wealth-ahead-ii-savings-insurance

 

About AXA Hong Kong and Macau 

AXA Hong Kong and Macau is a member of the AXA Group, a leading global insurer with presence in 52 markets and serving over 92 million customers worldwide. Our purpose is to act for human progress by protecting what matters. 

As one of the most diversified insurers in Hong Kong, we offer integrated solutions across Life, Health and General Insurance. We are the largest General Insurance provider and a major Health and Employee Benefits provider. Our aim is to not only be the insurer to provide comprehensive protection to our customers, but also a holistic partner to the individuals, businesses and community we serve. At the core of our service commitment is continuous product & service innovation and customer experience enrichment, which is achieved through actively listening to our customers’ needs and leveraging and investing in technology and digital transformation. 

We embrace our responsibility to be a driving force against climate change and a force for good to create shared value for our community. We are proud to be the first to address the importance of mental health through different products and services and thought leading iconic research. Our overall Sustainability Strategy, with emphasis on climate strategy and biodiversity commitment, is developed based on TCFD recommendations. We are committed to integrating environmental, social and governance factors across our business and strive to contribute to a sustainable future through 3 distinct roles – as an investor, an insurer and an exemplary company.

THIS PRESS RELEASE IS AVAILABLE ON AXA’S WEBSITE: AXA.COM.HK 

IMPORTANT LEGAL INFORMATION AND CAUTIONARY STATEMENTS CONCERNING FORWARD-LOOKING STATEMENTS
Certain statements contained herein may be forward-looking statements including, but not limited to, statements that are predictions of or indicate future events, trends, plans or objectives. Undue reliance should not be placed on such statements because, by their nature, they are subject to known and unknown risks and uncertainties and can be affected by other factors that could cause AXA’s actual results to differ materially from those expressed or implied in the forward-looking statements. Please refer to Part 4 – “Risk factors and risk management” of AXA’s Universal Registration Document for the year ended December 31, 2019, for a description of certain important factors, risks and uncertainties that may affect AXA’s business, and/or results of operations. AXA undertakes no obligation to publicly update or revise any of these forward-looking statements, whether to reflect new information, future events or circumstances or otherwise, except as part of applicable regulatory or legal obligations.