Hong Kong, China, March 31, 2022 /Xinwengao.com/ - The first book launch event inside the metaverse will be held with the official launch of Nina Xiang’s new book Parallel Metaverses, who is the founder of China Money Network. The virtual event will be held inside Decentraland, one of the most popular decentralized metaverse platforms in the world.

As the metaverse becomes widely accepted as the next chapter of the internet, companies have embraced the concept by holding product launch events, fashion shows and developer conferences inside the metaverse. Nina Xiang’s book launch event will be the first book launch event to be held inside the metaverse, featuring a virtual author meet up, giveaways of Proof Of Attendance Protocol (POAP) tokens, and a lucky draw to win free copies of the book.

“This will definitely be a different book launch event than what I’ve done in the past when I sat behind a desk and signed books for readers,” says Nina Xiang. “Three years into the Covid pandemic, authors need to find new ways to connect with readers. I’m excited to meet everyone inside a lovely comfy parcel on Decentraland for a brand new experience that will probably redefine future book events in our 3D virtual world future.”

Proof Of Attendance Protocol (POAP) tokens are tokens on the Gnosis Chain (formerly xDai) Ethereum side-chain that serve as evidence of having been to an event. These tokens have become popular in Decentraland events and more players are interested in collecting POAP tokens.

The new book, Parallel Metaverses: How the US, China and the Rest of the World Are Shaping Different Virtual Worlds, written by award-winning journalist and author Nina Xiang, launches today online with both e-book and paperback versions available on Amazon.com.

Readers can order the book now at this link: https://www.amazon.com/dp/B09RN764WF

The official book launch will be accompanied by a virtual book launch event taking place inside Decentraland at 9am-10am, Hong Kong time, on April 3, 2022. Nina Xiang – as an avatar – will interact with participants and answer audience questions. Participants will receive their unique POAP token, and have a chance to win free copies of the book.

Everyone is welcome to join at this link: https://events.decentraland.org/event/?id=47640abf-3912-4081-b4f1-5b881155a6e7

Readers can visit as guests or set up their own accounts on Decentraland. Then it’s as simple as clicking the link to be teleported to the virtual land where the event is taking place. The time and date is Hong Kong time, so readers in other locations should convert the time to their local time to participate. Please plan to first spend about 30 minutes to setup avatars and to get logged into Decentraland before the event’s starting time.

Parallel Metaverses is the first attempt to examine how the U.S., China, Europe, South Korea, Japan and other global technology hotspots are building their respective metaverses. The book reviews what major tech companies, including Meta (Facebook), Microsoft, Apple, Google, Tencent, ByteDance, Alibaba, Baidu, Huawei, Samsung, Sony and Nvidia, are doing to construct their versions of the future 3D internet.

The book looks into major metaverse technologies including AR, VR, MR (XR) hardware, game engines, virtual human, blockchain, and their respective competitive landscape. Finally, Xiang provides insights on the business opportunities of the metaverse, along with the risks and challenges.

“There will be many metaverses existing in parallel, and the future virtual worlds will ride on the existing rails of the internet,” says Nina Xiang. “Games will be the starter and the main course of the metaverse banquet, while the blockchain-based metaverse is going to play a marginal or minor role. Ultimately, the metaverse will likely mirror the messy and chaotic nature of our physical world.”

The book provides readers a comprehensive and deep dive into how the metaverse will likely be shaped across the globe. Business leaders, company executives, entrepreneurs, investors and career professionals can then use this knowledge to become better equipped to formulate their development strategies, find growth opportunities, and seek investments for their own organizations as the next chapter of the internet unfolds.

The book is released ahead of its previously announced schedule of a May 3, 2022 release date.

About Nina Xiang
Nina Xiang is a renowned author and award-winning journalist, and an expert on the Chinese venture capital and technology sector with nearly twenty years of financial and business media experience. She has held editorial positions at Bloomberg BusinessWeek, Euromoney Institutional Investor, China Radio International, and China Business Network in Beijing, New York, Shanghai, and Hong Kong.

In 2011, she founded China Money Network, a platform tracking China’s smart investments and technology innovation.

Nina Xiang is part of the team winning an Excellence in Human Rights Reporting honor in SOPA Awards in 2007. She was awarded a Foreign Press Association Annual Scholarship in 2007.

She is an agenda contributor for the World Economic Forum and was named Female Entrepreneur of the Year at the ChinaBang Awards 2019. She appears frequently in a range of international media, including the BBC, CNN, Financial Times, Nikkei, and CGTN.

Her previous books “Red AI: Victories and Warnings From China’s Rise In Artificial Intelligence” and “US-China Tech War: What Chinese Tech History Reveals About Future Tech Rivalry” were both the number one new releases in their respective categories.

The press release Decentraland To Host First Book Launch In The Metaverse: Nina Xiang’s New Book, Parallel Metaverses, Officially Available At Virtual Event comes from Xinwengao.com press release distribution and journalist media database service in China.

Hong Kong, September 8, 2021 /Xinwengao.com/ - The new book, US-China Tech War: What Chinese Tech History Reveals About Future Tech Rivalry, written by author Nina Xiang, is published today and available on Amazon.

The book dives into the history of China’s technology development with a focus on the semiconductors industry, and illustrates how this saga of innovation shapes current and future tech clashes between the United States and China.

“Everyone is talking about the U.S.-China tech war, but few tried to understand it from a perspective of history,” says Nina Xiang, author of the book. “I wrote this book so that readers can understand how the U.S. and China arrived at their current positions.”

Despite decades of government-led efforts to boost its semiconductor chips industry, China has lagged far behind other countries, and the nation is vulnerable to U.S. trade blockades. US-China Tech War focuses on the semiconductor chip industry, the epicenter of the current US-China tech rivalry.

The book dispels key myths about how China progressed technologically: the whole-nation model, forced technology transfer, and China’s efforts to stimulate home-grown tech. The book’s deeper analysis into these hyped terms reveals a new angle for China’s innovation journey that will surprise readers.

“The U.S.-China tech war is not one started with a manifesto from either side or with one defining moment; it’s better defined as a war with sporadic barrages and unpredictable battles overlaying a steady hum of preparation,” says Nina Xiang. “Some frontlines have already been drawn, especially in regards to semiconductors, 5G, and artificial intelligence. These areas are seeing deepening decoupling between the two countries that is tearing apart decades of globalized supply chains.”

The book is currently available on promotion in e-book and paperback formats:
https://www.amazon.com/gp/aw/d/B098YSDSD6

Nina Xiang is an expert on the Chinese venture capital and technology sector with nearly twenty years of financial and business media experience. She has held editorial positions at Bloomberg BusinessWeek, Euromoney Institutional Investor, China Radio International, and China Business Network in Beijing, New York, Shanghai, and Hong Kong.

In 2011, she founded China Money Network, a platform tracking China’s smart investments and technology innovation. Nina Xiang is part of the team winning an Excellence in Human Rights Reporting honor in SOPA Awards in 2007. She was awarded a Foreign Press Association Annual Scholarship in 2007.

She is an agenda contributor for the World Economic Forum and was named Female Entrepreneur of the Year at the ChinaBang Awards 2019. She appears frequently in a range of international media, including the BBC and CGTN. Her previous book Red AI: Victories and Warnings From China’s Rise In Artificial Intelligence was the number one new release in its category.

The press release New Book, US-China Tech War: What Chinese Tech History Reveals About Future Tech Rivalry, by Nina Xiang, Releases Today comes from Xinwengao.com press release distribution and journalist media database service in China.

Furthermore, partnerships were signed with Aoke Xingyun Technology Development Co, Ltd, a business accelerator platform driven by digital innovation, and Ten Billion of Industrial Institute (TBII), a professional and academic collaboration for scientific research and development of cutting-edge technologies. These partnerships are based on mutual collaboration efforts to share best practices and access to each other’s client base and rolodex.

Sebright Chen, Chairman & CEO of Summer Atlantic Capital Ltd. addresses the importance of the agreements:

“Summer Atlantic prides itself on its ever expanding network of highly qualified professionals in a variety of industries, these partnerships will further expand our network. Consequently, our new Partners will gain access to our database of both political and business leaders.

All of our partnerships are geared towards maximizing the success of our Joint Ventures and their investors by giving them an operational edge through access to our new Partner’s technology, and potentially pairing them with better suited strategic investors and/or operating partners. We are always looking at every possible avenue in order to optimize the effectiveness of our JVs.”

About Summer Atlantic Capital

Summer Atlantic Capital is a Hong-Kong based entity with a sister company, Summer Atlantic China (our private equity group) based in China, and a North American marketing arm, Summer Atlantic US. We focus on discovering companies with advanced technologies that are beneficial to the Chinese market. We work with the owners of these technologies to structure JV partnerships with strategic Chinese entities or individuals that have expertise in the respective field. In addition, Summer Atlantic arranges for the necessary capital to finance the joint ventures, which could include direct participation by our sister company, Summer Atlantic China, private individuals, business entities, or even state-owned funds. Summer Atlantic evaluates the feasibility of these technologies and how they could potentially enhance the Chinese consumer while at the same time simultaneously adding GDP growth into the Chinese economy. Summer Atlantic takes an active role from the formation of the JV all the way up to and including operations and the development of an exit strategy for the JV’s shareholders. Summer Atlantic Capital consists of a growing core team of over 25 executives with C level experience across a wide range of industries interacting with some of the world’s largest corporations. Our Executive team prides itself on their proven track record and rolodex of relationships throughout industry and government.

http://www.Summeratlantic.com / http://www.SummerAtlantic.us

About Jinan Minshang Information Technology Co., Ltd.

Jinan Minshang Information Technology Co., Ltd. is an advanced AI business tools application and data solution provider for companies, located in Beijing, China. Jinan Minshang Information Technology Co., Ltd.’s proprietary technology helps companies achieve a higher level of efficiency through increased information, decreasing management’s decision making time, improving efficiency and productivity.

About Ten Billions of Industrial Institute (TBII)

Founded in 2013, it relies on top universities at home and abroad, Scientific research institutions, together with well-known academicians, experts and scholars, entrepreneurs, investors, practitioners of professional institutions, and other high level talents, to collaborate on the transformation of cutting-edge scientific and technological achievements, incubate and accelerate regional development.

About Aoke Xingyun (Beijing) Technology Development Co., Ltd.

A global enterprise directly initiated by Tsinghua University. The company is a digital technology innovation platform with the brand of Aoke accelerator TM. Relying on the cross regional and cross industry digital technology innovation cloud independently developed by the core team of academicians of the school of information of Tsinghua University, the company has realized the standardization, modularization and digitization of high-quality investment banking services integrated with law, Finance and investment with risk control as the core.

The press release Summer Atlantic Capital Ltd. Completes New Wave of Strategic Agreements Improving Operational Capabilities by Accessing cutting-edge technologies for its JVs comes from Xinwengao.com press release distribution and journalist media database service in China.

“Rayliant’s China ETF signals the next generation of China ETF investing,” said Jason Hsu, PhD, Rayliant’s Founder and CIO. “Until now, U.S. investors have been limited to passive or thematic China ETFs. In a market where retail trading accounts for more than 80% of overall volume*, China is one of the few major markets where we believe active management can consistently deliver outsized returns. Our RAYC gives U.S. investors opportunities to outperform the mainland China equity market.”

RAYC employs a systematic approach that seeks to exploit mispricing in Chinese stocks. The strategy is localized to China, applying specialized data and models capturing features that make Chinese markets unique, including novel aspects of China’s accounting, regulations, market structure, state ownership, and investor behavior.

“As active management in the ETF industry continues its remarkable growth, the NYSE is excited to support Rayliant in its launch of the first China equity actively managed ETF,” said Douglas Yones, Head of Exchange Traded Products, NYSE. “With the RAYC ETF, Rayliant extends the benefits of active management to all investors, continuing to further democratize international investing for everyone.”

*Source: Rayliant Research as of 30 June 2020.

Media Contact

Jacob Chi

Director, Head of Marketing

Rayliant Global Advisors

jacob.chi@rayliant.com

+886 2 7709 9981

Twitter: @rayliant

LinkedIn: @rayliantglobaladvisors

About Rayliant

Rayliant Asset Management (“Rayliant”) is an SEC-registered investment adviser focused on generating alpha from investments in China and other inefficient emerging markets. It is an affiliate of Rayliant Global Advisors and its family of companies (collectively, “Rayliant”).

Rayliant develops innovative quant strategies that bring together elements of behavioral finance, data science and local market insights. There were more than USD 22 billion managed using Rayliant’s equity, fixed income and alternatives strategies as of 30 Dec 2020. Its clientele includes institutional and high net worth investors globally, and the firm has offices in Beijing, Shanghai, Hangzhou, London, Los Angeles and Taipei.

Rayliant was founded in 2016 by Jason Hsu, Ph.D. He also co-founded Research Affiliates, a smart beta and asset allocation leader with USD 145 billion in assets managed using its strategies (as of 30 Sept 2020). He is an adjunct professor in finance at UCLA Anderson School of Management and has won numerous awards for his research.

More information on Rayliant is available at https://rayliant.com/.

For more details on our research, please also see https://rayliant.com/publications/.

For more information about the Rayliant Quantamental China Equity ETF (Ticker: RAYC), please visit

https://funds.rayliant.com

Important Information

This document is issued by Rayliant Investment Research d/b/a Rayliant Asset Management (“Rayliant”). Unless stated otherwise, all names, trademarks and logos used in this material are the intellectual property of Rayliant.

Investing involves risk, including the risk of total loss of principal. There can be no assurance that a Fund will achieve its stated objectives, and investments are subject to political, social, economic or other developments that may impact a Fund’s objectives. Fluctuations in currency of foreign countries may also have an adverse impact on domestic currency values. Emerging markets involve heightened risks related to these same factors as well as increased volatility and lower trading volume. Diversification does not ensure a profit or guarantee against a loss. Securities focusing on a single country may be subject to higher volatility. Trading through Stock Connect is subject to a number of restrictions that may affect the Fund’s investments and returns. The Fund’s investments in China A Shares purchased through Stock Connect are generally subject to Chinese securities regulations and listing rules, among other restrictions. Investments in smaller companies typically exhibit higher volatility, and Investments that are managed according to a quantitative model can perform differently from the market as a whole. The fund is non-diversified.

This document is for informational purposes only. It is not a recommendation to buy or sell any financial instrument and should not be construed as an investment advice. No offer may be made without also providing the Prospectus, and the information in the Prospectus is controlling.

Before investing in any ETF, it is critical for investors to carefully consider the fund’s investment objectives, risks, charges and expenses. To obtain a full or summary Prospectus for the Rayliant Quantamental China Equity ETF, which contains this and other information, please visit https://funds.rayliant.com. Please read the Prospectus carefully and consider contacting a financial professional before investing.

The Rayliant Quantamental China Equity ETF is distributed by SEI Investments Distribution Company (SIDCO), which is not affiliated with Rayliant Asset Management, the Investment Adviser.

While reasonable care has been taken to ensure the accuracy of the information in this document, Rayliant does not give any warranty or representation, expressed or implied, and expressly disclaims liability for any errors and omissions. Information and opinions may be subject to change without notice. Rayliant accepts no liability for any loss, indirect or consequential damages, arising from the use of or reliance on this document.

Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns.

The press release Rayliant debuts the world’s first China active equity ETF comes from Xinwengao.com press release distribution and journalist media database service in China.

Even as the world grapples with its worst crisis since World War II, some risks are more potent, deadly, and likely to change the course of world politics. These are Eurasia Group’s Top Risks for 2021, the firm’s annual prediction of the ten greatest threats to the trajectories of nations, global politics, industries and institutions. Unveiled each January, Top Risks helps investors, companies and the public anticipate and respond to opportunities wherever they invest or do business. The report is co-written by Eurasia Group President Ian Bremmer and Chairman Cliff Kupchan.

The #1 risk for 2021 is “46*”—the opening of an era in which the occupant of the White House is viewed as illegitimate by roughly half the country. Donald Trump’s refusal to accept the outcome of an election that he declares was stolen is unique in American history, underscoring how divided America has become—and will remain.

“A superpower torn down the middle cannot return to business as usual,” write Bremmer and Kupchan. “And when the world’s most powerful country is so divided, everybody has a problem. The geopolitical recession—and our G-Zero world—will deepen as a result.”

Bremmer and Kupchan go on to argue that the strength of Trump’s base and political divisions in the US will force allies to consider the possibility that any commitments made by the incoming Biden administration could be overturned in four years with the election of another “America First” president.

Other Top Risks in the report include the ongoing impact of the coronavirus pandemic, climate change, the US-China conflict, data and cybersecurity, and distinct threats facing Turkey, the Middle East, Europe, and Latin America. The report also includes several “red herrings”—issues that, despite media attention, are unlikely to pose significant threats or drive instability in the coming year.

Top Risks has an impressive track record for being both early and accurate in its predictions. Eurasia Group’s 2020 Top Risks report, for example, correctly predicted a contested US election as its #1 risk.

Bremmer and Kupchan will host an on-the-record press conference call today, 4 January, at 10:30 a.m. EST/15:30 GMT to discuss the risks and take questions. To participate, please register here.

Below is a summary of all ten Top Risks for 2021. Please click here for the full report.

TOP RISKS 2021

When the world’s most powerful country is as divided as the United States is now, the G-Zero geopolitical recession is sure to deepen. The world needs the leadership and cooperation that an engaged and well-functioning superpower can help provide, because, just as the healthcare response to the coronavirus pandemic defined 2020, the economic response to its lasting damage will define 2021.

#1 – 46*

Following a 2016 Trump victory that many Democrats believe Russia helped him win, Biden’s term opens the era of the asterisk presidency, a time when every Oval Office occupant is seen as illegitimate by roughly half the country—and the lawmakers that election skeptics send to Congress. Most of the risk here is domestic, but the consequences of extreme polarization for democratic legitimacy extend well beyond US borders. Apart from a shared desire to contain China, Republicans and Democrats will disagree sharply—with each other and among themselves—over the objectives of US foreign policy. In addition, the size of Trump’s base, and the broadening of that base to include more minority voters, leaves allies and potential partners wondering whether the next “America First” president and foreign policy are just four years away.

#2 – Long Covid

In 2021, the lingering symptoms of Covid-19 will threaten not just lives but political stability and the global economy. Countries around the world will struggle to meet ambitious vaccination timelines, and the pandemic will leave a legacy of high debt, displaced workers, and lost trust. The distribution of vaccines will divide haves from have nots, both within and among nations, stoking anti-incumbent anger and public unrest in many countries. Some emerging markets will experience a debt crunch this year. With inflation and borrowing costs rising, they’ll have far less room than the US and Europe to cushion Covid’s economic blow.

#3 – Climate: net zero meets G-Zero

Climate policy will move from playground of global cooperation to arena of global competition. Across a range of clean technologies, China’s longstanding industrial policy approach will now face a much more aggressive climate push from Washington. Some parts of the clean energy supply chain will face bifurcation pressures like those seen in 5G. The push for net-zero emissions targets will create enormous opportunities for private capital, especially the growing pool of environmental, social, and governance dollars and euros, but winners and losers will be determined as often by political factors as by market forces.

#4 – US-China tensions broaden

A shared desire in Washington and Beijing for stability in US-China relations will briefly ease headline tensions, but intensifying vaccine diplomacy and climate and tech competition will combine with longstanding frictions in other areas to further complicate their rivalry. Disagreements over trade, Hong Kong, Taiwan, and the South China Sea will carry over into 2021. Collectively, these points of dispute will boost the risk of miscalculation and escalation toward crisis.

#5 – Global data reckoning

A slowdown or halt to the free flow of sensitive data across borders will raise costs for companies and disrupt popular apps and internet business models. This risk begins with the US and China, but it doesn’t end there. Even as the data-driven 5G and AI revolutions gain steam, other governments concerned about who is accessing their citizens’ data—and how—will erode the foundation of the open global internet. Business models for AI and other innovative tech sectors will suffer. App bans and other issues will hamper global cooperation on public health and climate challenges.

#6 – Cyber tipping point

There is no single factor that raises the risk of a major disaster in cyberspace in 2021. The digital realm, where any computer or smartphone can become an entry point for hackers and nation states, and criminals act with relative impunity, is too unpredictable for that. Instead, a combination of low-probability but high-impact risks and inexorable technology trends will make 2021 the year that cyber conflict creates unprecedented technological and geopolitical risk in cyberspace.

#7 – (Out in the) cold Turkey

Economic setbacks in 2021 and Turkey’s poor Covid response will leave President Recep Tayyip Erdogan struggling to win back voters disillusioned with his two-decade rule. These dynamics will stoke social tensions, prompt a crackdown against the opposition, and encourage Erdogan to launch more foreign policy adventures to fuel nationalism and distract his supporters. But this year, Turkey’s president won’t have international friends to shield him from the consequences.

#8 – Middle East – low oil takes a toll

Energy-producing countries in the Middle East and North Africa faced a collapse in global energy demand in 2020 that left governments from Algeria to Iran with less cash flowing into their coffers—even as the pandemic sickened citizens and weakened economies. 2021 will be worse, because energy prices will remain low. Many of these governments will cut spending, damaging vulnerable private sectors and fueling unemployment. Reforms will slow, and protests will grow.

#9 – Europe after Merkel

Angela Merkel’s departure later this year after 15 years as chancellor will drive the continent’s top risk in 2021. Europe faces an economic hangover from intensified lockdown restrictions in several countries, and Merkel won’t be there to encourage flexibility in the multilateral response. Without the German leader to serve as a strong and neutral negotiator, diplomatic efforts to resolve energy and territorial disputes in the Eastern Mediterranean will struggle, as will the UN process to address Cyprus issues. The EU position will become more hawkish as France pushes more member states to get tough with Turkey, raising the odds of diplomatic rupture.

#10 – Latin America disappoints

Governments in Latin America face intensified versions of the formidable political, social, and economic problems they were confronting before the pandemic. There will be no large-scale vaccinations until late in the year, and countries are poorly positioned to deal with another Covid wave before then. Political and economic pressures will intensify as Argentina and Mexico hold legislative elections in 2021, and voters in Chile, Ecuador, and Peru vote for president.

RED HERRINGS

Trump’s friends in trouble – Trump-friendly leaders such as Erdogan, Brazil’s Jair Bolsonaro, the UK’s Boris Johnson, and Israel’s Binyamin Netanyahu will engage with the new US president where they can.

Techlash in US – US lawmakers won’t declare war on the tech companies helping to restore post-pandemic growth.

Iran-US confrontation – Ties between the US and Iran will be neither as productive nor destructive as many fear.

***

ABOUT EURASIA GROUP:

Eurasia Group is the world’s leading global political risk research and consulting firm. By providing information and insight on how political developments move markets, we help clients anticipate and respond to instability and opportunities everywhere they invest or do business. Our expertise includes developed and developing countries in every region of the world, specific economic sectors, and the business and investment playing fields of the future. With our best-in-class advisory and consulting offerings and GZERO Media, the Eurasia Group umbrella provides the marketplace with a complete political risk solution. Headquartered in New York, we have offices in Washington, London, San Francisco, Brasilia, Sao Paulo, Singapore, and Tokyo, as well as on-the-ground experts and resources in more than a hundred countries. “Politics first” grounds our work: Politics is the lens through which we view the world, and we are committed to analysis that is free of political bias and the influence of private interests.

MEDIA ENQUIRIES:

Gregory Roth

Director of Communications

Eurasia Group / GZERO Media

roth@eurasiagroup.net

The press release Eurasia Group Publishes Top Risks for 2021 comes from Xinwengao.com press release distribution and journalist media database service in China.

The ball kicked off with a very good Elton John look-alike signing some of Elton’s greatest hits, making way for speeches by both Steven Lynch from the British Chamber of Commerce in China, and Her Majesty’s Ambassador Caroline Wilson CMG from the British Embassy to China. Once the formalities were over the guests dug into the exquisite four-course dinner with singing competitions, Best Dressed awards, and raffles.

Outside the ballroom, however, the drinks were pouring at the cocktail bar and the competition for the silent and high valued auction prizes was fierce. British Ball 2020 had over 100 prizes for guests to win and take home, ranging from free BMW test drives of their X5 model to a week stay at the Songtsam hotel.

Once the dinner was over the dance floor was packed with everyone eager to forget their worries and enjoy dancing to the classic Elton John hits and other incredible tracks of that era. LehmanBrown is very proud to have sponsored and supported the British Ball 2020, and it is a remarkable achievement to have gone ahead with the ball guaranteeing the support to a good cause. Rest assured LehmanBrown will sponsor next year’s British ball and help in its organising, carrying on this great British Beijing tradition.

For more information about LehmanBrown: https://www.lehmanbrown.com

The press release LehmanBrown Proud of Sponsoring the British Ball 2020 comes from Xinwengao.com press release distribution and journalist media database service in China.

Kaola Global officially rolled out its service partner program in July, 2020. To become a service partner, companies must obtain a qualification from Kaola Global. Kaola Global runs a quarterly partner evaluation program to recognize companies that have demonstrated operational excellence among all certified service partners. In the screening process, candidates are evaluated based on two criteria, namely, “store operations capabilities” and “operation capability of store members.” And then they are finally rated on their collective capabilities taking other factors into consideration such as their “product supply capability,” “frequency, type and severity of customer complaints and accidents,” “contract renewals with stores,” and “violation of rules”.

Highly regarded for its high standing store operations on Kaola.com for brands including mom and baby care products and household paper products such as toilet paper and facial tissue, transcosmos China was certified as one of the first Kaola Global certified service partners. In addition, the company also received the five-star rating for its outstanding capabilities in operating global brand stores, product supply management, and member management in the cross-border e-commerce market.

Given the impact of the novel coronavirus, Chinese consumers who used to enjoy shopping overseas cannot travel abroad, and have begun to shift to online shopping, thereby creating a new business opportunity for the cross-border e-commerce market. With the collective strengths of its expert e-commerce operations team, analytics team and marketing team, transcosmos China not only delivers high-quality products and enhances shopping experience for consumers based on their needs, but also helps brands grow their new business.

transcosmos China will constantly upgrade its capabilities in store operations, member operation, and product supply management by making the most of provided resources, and vested interests on kaola.com, thereby assisting global brands expand their online sales, and helping Chinese consumers shop for high-quality global products safely and conveniently.

transcosmos China has earned four certifications from Alibaba Group, namely, TMALL Five-star service partner, Alibaba Bank (integrated database owned by Alibaba Group) service partner, Alimama (Alibaba Group’s digital marketing platform) Uni Marketing service partner, and Alimama DMP (Alimama’s consumer operations platform) service partner.

– About “Kaola Global”

Kaola Global is a members-only cross-border e-commerce platform under Alibaba Group. The platform is primarily focused on mom & baby care products, cosmetics, personal care products, foods, homewares, digital appliances, apparel, shoes, and bags. Kaola Global constantly strive to make consumers enjoy shopping high-quality items from across the globe.

Visit its official website here (Chinese only): https://www.kaola.com

– About transcosmos China

transcosmos entered the Chinese market and launched its offshore services business in 1995. Today, transcosmos has its bases and subsidiaries across 20 cities in China including Shanghai, Beijing, Tenzin, Hefei, Xi’an, Changsha, Wuhan, Suzhou, Taipei and more. The company offers extensive services such as business process outsourcing (BPO) including contact centers, e-commerce one-stop, digital marketing and system development for both Chinese and global brands.

transcosmos China was founded in Shanghai as a digital transformation partner for businesses in 2006 and launched its e-commerce business in 2009. Now, in partnership with platforms such as TMALL, JD, and WeChat, transcosmos China offers a variety of services that include e-commerce store/website development & operations, sales channel development, online and offline data integration, system development, consumer operations, and integrated marketing services in the new retail industry (including cross-border e-commerce) to clients in diverse industries including the 3C Industry (Computer, Communications, and Consumer Electronics), apparel, baby care, toy, sports, beverage, musical instruments, homewares, home theater/audio equipment, and more.

The press release transcosmos China wins 5-star rating from Kaola Global, Alibaba Group’s cross-border e-commerce platform comes from Xinwengao.com press release distribution and journalist media database service in China.

Started in 2005, this year marked the 16th anniversary of the Golden Headset Award, a competition to determine China’s best customer center, organized by the prestigious institution in the Chinese contact center industry called Customer Care & Management World (CCMW). The Golden Headset Award is recognized as a leading performance indicator in the customer service center industry. This year, following the international evaluation standard CC-CMM (Capability Maturity Model), CCMW performed performance indicator analysis using “Snapshotz,” a service evaluation tool offered by a customer service audit company. After receiving applications from several hundred of outsourcing services companies, CCMW asked for experts’ nominations and went through a screening process that includes mystery calls and an intensive evaluation. Ultimately, CCMW chose the award winners based on a comprehensive evaluation on all candidates including their service capabilities and the number of workstations.

transcosmos China has been highly recognized by its clients for their abundant operational records in the contact center industry, proven records in offering intelligent customer service and work-from-home solutions, helping clients continue their businesses amid the novel coronavirus crisis, and their digital technologies and multi-channel customer services. With such proven successes, transcosmos China won the “Excellent Intelligent Application Award” at this year’s “China’s Best Customer Service Center.”

In recent years, with a goal to help clients further grow their businesses, transcosmos China has been working on achieving digital transformation in the contact center industry by promoting intelligent quality management and robot training, and driving initiatives to develop and operate customer service solutions that combine AI chatbot and agent-based chat services. transcosmos China will help clients deliver a better customer experience than ever, thereby assisting clients in optimizing costs and expanding sales.

About CCMWorld Group

Founded in 2002, CCMWorld Group has been driving the progress of the Chinese contact center industry as a third party industrial research and development organization. CCMWorld Group puts particular focus on customer management research and offers omni-directional, multidimensional and integrated services including media, publishing, authentication, research, training, meeting and screening. Based on such services, CCMWorld Group provides the latest information about the related industries and services that support such industries.

Visit here for more information: http://www.ccmw.net/

transcosmos history in China

transcosmos entered the Chinese market and launched its offshore services business in 1995. In 2006, the company opened its first call center in Shanghai and started to provide call center services for the Chinese market. Today, transcosmos has its bases and subsidiaries across 20 cities in China including Shanghai, Beijing, Tianjin, Hefei, Xi’an, Changsha, Wuhan, Suzhou, Taipei and more. The company offers extensive services such as business process outsourcing (BPO) including contact centers, e-commerce one-stop, digital marketing and system development for both Chinese and global brands. As of March 2020, approximately 7,000 transcosmos employees work in China.

transcosmos is a trademark or registered trademark of transcosmos inc. In Japan and other countries.

Other company names and product or services names used here are trademarks or registered trademarks of respective companies.

About transcosmos inc.

transcosmos launched its operations in 1966. Since then, we have combined superior “people” with up-to-date “technology” to enhance the competitive strength of our clients by providing them with superior and valuable services. transcosmos currently offers services that support clients’ business processes focusing on both sales expansion and cost optimization through our 168 bases across 30 countries/regions with a focus on Asia, while continuously pursuing Operational Excellence. Furthermore, following the expansion of e-commerce market on the global scale, transcosmos provides a comprehensive One-Stop Global E-Commerce services to deliver our clients’ excellent products and services in 48 countries/regions around the globe. transcosmos aims to be the “Global Digital Transformation Partner” of our clients, supporting the clients’ transformation by leveraging digital technology, responding to the ever-changing business environment.

https://www.trans-cosmos.co.jp/english/

The press release transcosmos China wins 2020 Golden Headset China’s Best Customer Center “Excellent Intelligent Application Award” comes from Xinwengao.com press release distribution and journalist media database service in China.

Hong Kong, August 8, 2020 /Xinwengao.com/ - Leading primary investment news and data platform China Money Network (www.ChinaMoneyNetwork.com) today unveiled its sister service Caishen.Co (www.Caishen.Co) to provide critical information about China’s secondary investment markets.

Caishen.Co monitors real-time data for over 4600 companies listed on the Shanghai Stock Exchange and the Shenzhen Stock Exchange. The platform then organizes more than 32000 monthly market event data across 13000+ taxonomies. Gaining insights and great monitoring of the stock markets in China is challenging for investors who don’t understand Chinese. There’s lots of data out there, and not much is provided in immediately usable formats for English-language investors. So Caishen.Co fills this great gap for global investors by providing immediately usable English-language data.

Caishen.Co uses natural language processing for data discovery, data extraction, sentiment analysis, and entity identification. Machine language translation then transfers all its investment and market event data into human-readable bytes for consumption on the new fintech platform. A robust API (application programming interface) is also available for institutional clients wishing to feed the stock exchange news and data immediately into their systems.

“As the leading financial data provider in China for the primary investment market, we learned at China Money Network how to equip private equity and venture capital firms with the data and deal flow they needed to make great deals,” says Nina Xiang, founder of China Money Network and author of “Red AI: Victories and Warnings From China’s Rise In Artificial Intelligence“.

Xiang continues, “With the launch of Caishen.Co, we are greatly expanding our artificial intelligence capabilities to create a fully autonomous system that directly feeds critical secondary market data related to all the listed companies and funds on the Shenzhen Stock Exchange and Shanghai Stock Exchange direct to our subscribers. There are manually-run less competitive systems that offer lower levels of service, so Caishen.Co provides a fantastic way to gain faster, better alpha-generating signals and insights from Chinese stock market data. Caishen was built in late 2019 and has been in beta with select investment clients since January 2020 – we’re excited to now open it to all investors!”

Caishen.Co monitors the latest news and osint on Chinese listed stocks and then immediately provides that data to its subscribers using its own proprietary taxonomies along with the Global Industry Classification Standard, Industry Classification Benchmark, Thomson Reuters Business Classification, and the IPTC NewsCodes. These various taxonomies give investors the power to drill down into necessary data easily and quickly.

The platform’s name is “Caishen”, which translates as the “Money God” of Chinese lore. Caishen.Co guides investors to help them profit off market-moving data in China.

About China Money Network
China Money Network delivers primary data for China’s primary markets. Subscribers on the platform follow China’s smart private equity investments, special situations, venture capital deals and technology innovations every day. By tracking China’s private equity, venture capital and technology sectors, China Money Network delivers actionable intelligence to its subscribers. We connect the data points to give global investors the tools to execute deals in China, deals that otherwise would simply never take place. The company’s Chinese language platform is at www.zhongjintoux.com. China Money Network, founded in 2011 in Shanghai, operates from satellites in Hong Kong, Beijing, Shenzhen, and Hangzhou.

About Caishen.Co
Gaining insights and great media monitoring of the stock markets in China is challenging for investors who don’t understand Chinese. There’s lots of data out there, and not much is provided in immediately usable formats for English-language investors. Caishen.Co does this for you. We give you the English-language data to level the investment playing field. So Caishen.Co fills that great need you require to increase the value of your investment portfolio for companies listed on the Shanghai and Shenzhen stock exchanges.

The press release Caishen.Co Launches Real-Time Chinese Stock Market Data Monitoring Platform Powered By A.I. comes from Xinwengao.com press release distribution and journalist media database service in China.

Relying on the more than 60,000 registered users across the China Money Network family of websites emanating from ChinaMoneyNetwork.com, the China Expert Network connects multinational businesses with talented “China hands” who can provide more transparency to a marketplace that often seems opaque. With a focus on investment and finance, the China Expert Network brings together industry experts and practitioners focused on ESG, special situations investing, technology, startups, cleantech, real estate, media, construction, healthcare, and manufacturing.

“Clients frequently ask for access to the high-level industry experts who subscribe to our platform’s data, so the China Expert Network is a new framework that gives our subscribers and our clients a win-win opportunity,” says Nina Xiang, founder and managing editor at China Money Network. “We’ve structured our service to give our subscribers a high level of privacy and our clients gain an equally high level of compliance.”

Subscribers to China Money Network’s data and news services can update their profile information to make themselves available as experts for special consulting projects. After their expert profiles are selected by a client, a meeting or formal engagement is held wherein the expert is paid for their time and expertise. Clients, in turn, comply with strict compliance procedures to ensure their business and regulatory goals are met.

More information about the China Expert Network is found at https://www.chinamoneynetwork.com/expert-network

About China Money Network
China Money Network delivers primary data for China’s primary markets. Subscribers on the platform follow China’s smart private equity investments, special situations, venture capital deals and technology innovations every day. By tracking China’s private equity, venture capital and technology sectors, China Money Network delivers actionable intelligence to its subscribers. We connect the data points to give global investors the tools to execute deals in China, deals that otherwise would simply never take place. The company’s Chinese language platform is at www.zhongjintoux.com. China Money Network, founded in 2011 in Shanghai, operates from satellites in Hong Kong, Beijing, Shenzhen, and Hangzhou. Follow the money at https://www.chinamoneynetwork.com

The press release China Expert Network Creates New Means For Businesses To Gain Market Access comes from Xinwengao.com press release distribution and journalist media database service in China.

Hong Kong, China, March 23, 2019 /Xinwengao.com/ - Hong Kong Cruise and Yacht Industry Association (HKCYIA) has reached a partnership agreement with the China Merchants Industry Holdings Co. Ltd for the establishment of the Hong Kong’s first Superyacht Management Services Center in Tsing Yi. Located at the Yiu Lian and Euroasia Dockyards, the centre will provide world-class supporting services for superyachts of over 45 meters, including yacht refit, repair and maintenance services.

Speaking at the signing ceremony witnessed by lawyers of Stephenson Harwood, Kara Yeung, HKCYIA Executive Director said “the establishment of a yacht management services center specifically designed for superyachts has marked a major milestone in the development of the yacht industry in Hong Kong. As more yachts are becoming bigger in recent years, the demand for quality superyacht management services is on the rise. However, existing facilities in Hong Kong are lagging behind leaving some very big space for development in this field.”

“Currently the majority of the maritime business in Hong Kong is taken up by commercial and cargo ships, with the repair and maintenance systems being mainly designed for these kind of ships. However, yacht management and maintenance is another service segment which the current system cannot cater to meet their specific needs,” She said.

Yeung remarked that the move is in line with China’s plan to develop the maritime economy. According to the Outline of the 13th Five-Year Plan for the National Economic and Social Development of China, the maritime economy grew by 7.5 per cent annually on average in the past five years reaching 7.8 trillion yuan in 2017. Beijing expects the maritime industry to be worth 10 trillion yuan by 2020 and account for around 15 percent of her GDP by 2035, showing the bright future of the maritime business.

As Hong Kong is expected to be a “super connector” in the implementation of the Belt and Road Initiative and the strategy to build a 21st century maritime Silk Road, the enhancing of multilateral maritime co-operations and fostering of world-class marine industrial clusters in the Greater Bay Area will be of special significance for Hong Kong.

Yeung said the HKCYIA Superyacht Management Services Center is set up in response to this national strategy as it will provide a transit point for superyachts to obtain supplies and fuel when they travel to destinations in Asia. Not only will more superyachts come to Hong Kong to help promote tourism, but also more foreign investors are expected to come and develop the related businesses.

According to Yeung, the HKCYIA Superyacht Management Services Center will collaborate with international yacht brands and top yacht management companies in providing world-class supporting services, including repair and maintenance, audit and survey, bunkering services, crew administration, logistics support, etc. Exclusive onshore tours with tailor-made itinerary can also be provided for ship owners and their crew.

HKCYIA will also join hands with the Maritime Services Training Institute (MSTI) and RINA Services S.p.A. to develop a superyacht management course, providing hands-on training to young people who have an interest in pursuing their careers in the yacht industry.

Yeung said this programme will be the first of its kind and the collaboration with RINA will provide training that meets international standards. “Nurturing the next generation is important for the long-term development of the high-end maritime economy. The Superyacht Management Services Center will provide the perfect environment for youngsters to learn the necessary skills from industry practitioners, as well as getting the opportunities to develop their careers.

Since last year, HKCYIA has been working closely with the relevant associations and organizations, with the plan of fostering the development of the yacht industry in China. A Memorandum of understanding was signed between the association and Asia Pacific Superyacht Association (APSA); Taiwan Yachts Industry Association (TYIA); Shenzhen Boating Industry Association (BIA); Zhuhai Ocean Association; Yacht Industry Development Association of Fujian; Hainan Cruise and Yacht Association and Sanya Yachting Association (SYA) to provide the foundations for future co-operations.

HKCYIA will also participate in the Singapore Yacht Show 2019 in April and the Versilia Yachting Rendez-vous in Viareggio in May in meetings with industry experts to seek further co-operations. Yeung has been invited as a guest speaker of the Asia Pacific Superyacht Conference 2019 to share her insights on the development of yacht industry in Hong Kong.

###

About China Merchants Industry Holdings Co. Ltd

China Merchants Industry Holdings Co., Ltd. (CMI) is an advanced manufacturing group wholly owned by China Merchants Group (CMG), a leading state-owned enterprise founded in the Westernization Movement in 1872. Well known as a pioneer in the development of China’s national industry and commerce with cruise and yacht building services, CMG’s worldwide businesses cover four sectors, focusing on infrastructure and equipment manufacturing, logistics and shipping, financial services, as well as investment and capital operation. By the end of 2018, CMG’s total assets reached 8.0 trillion RMB and total profits stood at 145.0 billion RMB, both ranking No.1 among all the SOEs.

About Hong Kong Cruise Yacht Industry Association (HKCYIA)
Hong Kong Cruise Yacht Industry Association (HKCYIA) is an organization of cruise and yacht industry practitioners working together as a united force to promote the long-term development of the cruise and yacht industries. With the aim of enhancing the competitiveness of the Hong Kong cruise and yacht industries in the international market, HKCYIA is committed to fostering co-operations between local and global cruise communities. HKCYIA recognizes the importance of cultivating young talents through providing professional training and recruitment services to promote careers in maritime services.

For media enquiries, please contact:
Media Services Public Relations and Communication
Helen Wai | (852) 3460 2203 ; 9134 5991 | helen@mediaservices.com.hk
James Wong | (852) 2893 9672 ; 94691041 | james@mediaservices.com.hk

The press release Hong Kong to have its first Superyacht Management Services Center comes from Xinwengao.com press release distribution and journalist media database service in China.

Hong Kong, China, May 29, 2018 /Xinwengao.com/ - Agencies in Japan and Korea make commitment to leverage practice for own clients

Hong Kong – Newell Public Relations, China’s leading independent PR firm, has established a Greater Bay Area practice group to capitalize on the growing opportunities arising from the closer integration of China, Hong Kong and Macau. The practice group, the first of its kind globally, will be headed up by Maggie Chan, Director, China, with a team of five located at offices in Hong Kong, Beijing and Shanghai.

Founded in Hong Kong in 1993, Newell PR provides a full complement of public relations, digital and marketing services in Hong Kong and China. Having opened offices in Beijing and Shanghai in 1999 and 2001 respectively, Newell PR’s depth of experience and market know how is unrivalled.

The Guangdong-Hong Kong-Macau Greater Bay Area plan, expected to be approved by China’s State Council later this month, spans 56,000 square kilometres, 66 million people and links Hong Kong, Macau, Guangzhou, Shenzhen, Zhuhai, Foshan, Zhongshan, Dongguan, Huizhou, Jiangmen and Zhaoqing into an integrated economic and business hub.

“Newell’s Greater Bay Area practice provides a superb opportunity for clients seeking to establish a foothold in southern China. The team will comprise experienced staff from Beijing, Hong Kong and Shanghai who will provide service matrix covering public relations, media outreach, B2B, events, and more,” said David Croasdale, Managing Director, Newell PR.

Newell PR is working with and acting as a business enabler for partner agencies internationally seeking to access the Greater Bay Area for their clients. For example, long-standing partner agencies in Japan and Korea have made a firm commitment to leverage Newell PR’s Greater Bay Area practice for their own clients.

Technology, manufacturing, finance, professional services, travel, and other sectors all stand to gain from China’s Greater Bay Area. Thanks to the heavy investment in road, rail, sea and air infrastructure, and the formation of free trade zones, and various economic incentives, the GBA forms a modern metropolitan trading hub.

Maggie Chan, who was responsible for setting up Newell PR’s mainland China operations, said: “Significant opportunities exist for businesses in the Greater Bay Area. For example, the financial free trade zone of Qianhai in the southern province of Guangdong or China’s Silicon Valley in Shenzhen, or entertainment and MICE related activities in Macau and Zhuhai. We are already seeing a marked increase in interest in clients and partner agencies asking for information about this new cohesive and integrated market.”

An economic partnership agreement between Hong Kong and the mainland lets Hong Kong-funded institutions set up joint venture firms with a stake of up to 51 percent in Shanghai, Guangdong and Shenzhen.

Travel times within the CBA will be further enhanced with the Hong Kong-Zhuhai-Macau 55km road bridge and high speed rail connection between Hong Kong and Shenzhen set to commence operation later this year. Both will play a central role in the economic development of southern China.

About Newell PR
Established in 1993, Newell PR is China’s leading independent public relations firm with offices in Hong Kong, Beijing and Shanghai. www.newell.com

The press release Newell Public Relations establishes first Greater Bay Area practice group comes from Xinwengao.com press release distribution and journalist media database service in China.

Hong Kong, May 4, 2018 /Xinwengao.com/ - China Money Network, the leading digital forward-looking intelligence company tracking China’s smart investments and technology innovations, announces their latest report: China VC Tracker, today.

Every month the China VC Tracker will give readers an in-depth analysis of China’s venture capital activities during the past month analyzing the Chinese VC market. The Chinese VC market was the biggest in the world in terms of total capital deployed toward VC-backed companies in China in the month of April.

“What we have found in our analysis and data sets across 209 deals tracked in the month of April is truly amazing in its sheer scale,” said Nina Xiang, founder and managing editor, China Money Network. “The Chinese VC market is showing an aggressive upward thrust in deal-making by the country’s leading technology companies and government-backed funds that are endowed with hundreds of billions of U.S. dollars earmarked to drive innovation.”

The China VC Tracker, exclusively produced by China Money Network, will be available at the beginning of each month. This unique report is the most thorough, authoritative and in-depth industry review of the Chinese VC universe. Users should subscribe to China Money Network newsletter to receive the monthly report on a complimentary basis:
https://www.chinamoneynetwork.com/subscribe

“China Money Network provides our customers with unique insights through the eyes of our local teams across the Greater China region, who deliver actionable data allowing global investors the tools needed to execute deals in China,” said Naveet McMahon, co-founder and managing partner, China Money Network.

“We have strong relationships with Chinese investors and companies, enabling us to collect valuable intelligence that provides our customers a unique advantage in the market place.”

Chinese venture capital activity continued its blistering pace of growth in April, with investors inking 209 deals with venture-backed companies worth a total US$15.59 billion. April’s total VC deal value in China was 166% higher than the monthly average in the U.S., according to the China VC Tracker released by China Money Network today.

By comparison, in the U.S., during the first three months of 2018, investors deployed an average US$9.4 billion per month, for a total US$28.2 billion in the first quarter. That number is the highest amount in any single quarter since 2006, PitchBook data showed.

China’s venture capital market is being buoyed by the aggressive investment pace of its largest technology giants, including Tencent, Alibaba and Baidu. The three firms ranked as the first, fourth and eighth most active investors in the past month, inking 11, 5 and 4 deals respectively. Tencent and Alibaba participated in deals totaling US$5.7 billion and US$1.7 billion, respectively, while Baidu was involved in deals worth US$154 million.

Sequoia Capital was the second most active investor, having invested in 9 deals worth a total of US$5.3 billion, far ahead of its peers. Other investors making the most deals last month included Zhen Fund, IDG Capital, Qiming Venture Partners, Legend Capital and JD.com.

Government funds also contributed to the elevated VC deal activity by leading some massive funding rounds. China Reform Fund Management Co., Ltd, an investment firm backed by China Reform Holdings Corporation Ltd. and Chinese state-owned enterprises, led a RMB1 billion (US$159 million) series C round in fintech start-up 100Credit. It also teamed up with Softbank Vision Fund to invest US$1.9 billion in Chinese truck-hailing firm Manbang Group.

Not only did Chinese VC investors deploy much more in aggregate terms than their U.S. counterparts, they also made bigger-ticket capital injections per deal. The average deal size in China was US$70.24 million in April, more than four times the US$16.7 million average deal size in the U.S. during the first three months, according to data from China VC Tracker.

There were 19 VC deals in China last month worth more than US$100 million, while four were for deals over US$1 billion each. There were 32 VC deals bigger than US$50 million in China during April. That compared to 25.3 such deals recorded monthly in the U.S. during the first quarter.

China’s consumer upgrade trend was very much in evidence in the type of companies receiving funding in April. While technology mainstays software and Internet saw the most deals, with 36 VC financing rounds completed, media and entertainment, retail and consumer, healthcare and education also made strong showings.

Around 81.72% of the VC deals recorded in April were early stage investment from angel to series B rounds. Nearly half of all VC deals were for companies raising series A rounds, while 20.3% were series B deals. Angel and seed investments accounted 11.67% of the total. Only 18.28% were later stage VC investments of series C round and later.

Beijing, China’s capital city, was the capital of venture-backed companies, with 79 companies there receiving capital in April, versus 46 for second place Shanghai. Shenzhen ranks third with 21 VC-backed companies based in the coastal city, followed by Guangzhou, Hangzhou and Hong Kong.

ABOUT CHINA MONEY NETWORK:
CHINA MONEY NETWORK is an artificial intelligence (AI)-based bilingual platform that follows China’s smart investments, special situations and technology innovation every day. By tracking China’s private equity, venture capital and technology sectors, we deliver actionable data to our customers. We connect the data points to give global investors the tools to execute deals in China, deals that otherwise would simply never take place.

For more information, please go to: https://www.chinamoneynetwork.com
Contact us at: info@chinamoneynetwork.com

The press release US$15.6B Venture Capital Investment Pushes China To New Global Heights comes from Xinwengao.com press release distribution and journalist media database service in China.

Hong Kong, April 9, 2018 /Xinwengao.com/ - Despite sharp falls in the value of major cryptocurrencies, the number of hedge funds focused on trading cryptocurrencies more than doubled in the four months ending mid-February 2018.

There are now a record 226 hedge funds trading cryptocurrencies, up from 110 in October 2017 and 37 at the start of 2017. Total assets-under-management stood at between US$3.5 billion and US$5 billion, according to fintech research firm Autonomous NEXT.

While some have described the rise of cryptocurrencies such as Bitcoin, Ethereum, Ripple, Litecoin, EOS, and IOTA as “worse than tulip bulbs”, cryptocurrency advocates say that this new asset class is destined to transform finance and society. As they see it, the biggest risk for investors is missing an opportunity to get in at the start of the boom and the growing blockchain opportunities.

To discuss these issues, China Money Network is hosting an evening networking event on April 18 in Hong Kong called “The Future Of Cryptocurrency Investment: Bulls vs. Bears” with three panelists who are seasoned professionals in cryptocurrency investments. They will share their views on the present and future of investing in cryptocurrencies, active vs. passive investment strategies, unique challenges in crypto investing, and how to diversify in this emerging asset class. The panelists are Dave Chapman, chairman of Octagon Strategy Ltd.; Michael Wu, founder of Amber AI; and Jianbo Wang, chief investment officer at CYBEX. China Money Network’s Managing Editor Nina Xiang will convene and moderate the panel discussion.

The discussion on April 18 in Hong Kong will address these questions:
– Where are we in the crypto investment cycle?
– Why should investors invest in crypto funds or Initial Coin Offerings?
– What kind of roles will cryptocurrencies play in the financial market in the future?
– How should investors diversify when investing in crypto? Bitcoin vs. altcoins vs. tokens?
– What are the pros and cons of passive vs. active investment?
– What is the status of ICOs emanating from China?
– What are the unique challenges in crypto investments in Asia? How to mitigate risks of loss of private keys, funds being stolen, or hacks?

Join other business investors, venture capitalists, developers, and policy-makers at this event in Hong Kong by registering at https://www.chinamoneynetwork.com/future-cryptocurrency-investment-bull-vs-bear

About China Money Network
China Money Network is an artificial intelligence-based platform tracking China’s smart investments and technology innovation.

CMN hosts an artificial intelligence (AI)-based bilingual platform that follows China’s smart investments, special situations and technology innovation every day. By tracking China’s private equity, venture capital and technology sectors, we deliver actionable data to our customers. We connect the data points to give global investors the tools to execute deals in China, deals that otherwise would simply never take place. CMN provides a unique way to target deal makers, top decision-makers and business leaders in China and around the world. We are well positioned with our team of experts and advisors to uncover forward looking cross-border deal flows not only for our customers in China but those trying to enter this highly lucrative marketplace.

Millions of professionals rely on CMN to take the business pulse of China and to follow daily/weekly trends, expert network events, exclusive company rankings, customized thought leadership research, subscription-based digital services as well as our Chinese language platform www.zhongjintoux.com, bridging global investors with business opportunities in China. CMN, founded in 2011, is headquartered in Hong Kong and operates from offices in Shanghai, Beijing, Shenzhen, Hangzhou and Los Angeles. We are an independent business owned by our founding team and employees. More information at https://www.chinamoneynetwork.com

The press release Cryptocurrency Investment Pros Break Down Fears And Opportunities At Upcoming Event In Hong Kong comes from Xinwengao.com press release distribution and journalist media database service in China.

Hong Kong, China, February 6, 2018 /Xinwengao.com/ - WeWork Fortifies 2018 Growth By Launching the Creator Awards To Energize Greater China’s Innovation Ecosystem

-Building on achievements and robust business momentum in Greater China, 2017 was also the biggest year in WeWork’s 7-year history

-By the end of 2018, WeWork will be accelerating its development to several other locations in Hong Kong including LKF Tower. Meanwhile, WeWork will be expanding its presence to 8 more new cities in China, including Shenzhen, Suzhou, Hangzhou, Xia Men, Cheng Du, Nan Jing, Xi’An and Wuhan

-Meeting increasing demand of customized spaces with enterprise solutions like Powered by We

-A major global initiative, the WeWork Creator Awards is now open for applications in Greater China to recognize and reward local creators

-Four categories of award amounting to over USD 1 million (HKD 7.8 million) for regional winners

-The Creator Awards will culminate in a Regional Semi-Final Event in Shanghai on April 12, 2018 for the regional championship

Hong Kong (February 06, 2018) —WeWork—the platform for creators that provides the space, community and services to help people make a life, not just a living announced today that its global initiative Creator Awards, is now officially launched in Greater China and open for applications from both WeWork members and public.

Marking its debut in Asia, the WeWork Creator Awards is a unique and major global initiative championing the recognition of a new wave of creators that are breaking the mold of conventional norms. Initiated last year, the Creator Awards sets itself apart by recognizing and rewarding creators across all industries and all stages of growth. Welcoming new ventures, startups to non-profits of the world, anyone who brings a new idea into the world is a creator.

Individuals or organizations interested can apply online at creatorawards.wework.com and applications will be closed on March 13, 2018. Along with the Regional Semi-Final event for the Greater China market to be held on April 12, 2018 at the Shanghai West Bund Art Center, creators will be taking center stage in hopes of being crowned a winner across four categories.

Redefining a New Horizon of Creators Through The Creator Awards

With the Regional Semi-Final event held in eight cities including Washington D.C., Detroit, Austin, London, Berlin, Tel Aviv and New York, and Mexico City, more than 7,000 applications were attracted from the U.S., Europe and the Middle East (Tel Aviv) and Latin America in 2017 and 2018. In addition to supporting the community that WeWork serves, more than 20,000 people participated in the Creator Awards Regional Semi-Final events and Global Finals including the master classes, job fairs and pop-up markets. Moreover, the final 167 winners from 2017 and 2018 were awarded with a total funding of USD15.6 million (about HKD 121 million; including funding awarded at the Global Finals last month) and resulted in hundreds of jobs being created.

“With 2018 a year of tremendous growth and expansion for us, we are excited to take this a step further by launching the Creator Awards in Greater China. WeWork China will continue to drive a new era of expansion and innovation by revolutionizing work empowered by our global platform,” said Christian Lee, Managing Director of WeWork Asia. “Staying grounded to our core of creating your life’s work, we look forward to the Creator Awards unleashing even greater creativity and ideas that will transform the world. Along with our commitment to the Greater China region, WeWork will continue shaping the growth of more creators as we build on our growth trajectory.”

Along with WeWork unifying the entire ecosystem into one experience in 2018, the WeWork Creator Awards took off in Mexico City on 01 Feb, and will be landing in Shanghai, San Francisco, S#227;o Paulo, Seoul, London, Berlin, Nashville, and Jerusalem before concluding in New York City for the Creator Awards Global Finals in early 2019.

Four Award Categories Amounting to over USD 1 million (HKD 7.8 million) For Regional Winners

This year, WeWork has set up four different categories of awards for applicants from different industries and circles:

New Venture Award
USD130K – USD360K per award (HKD1 million – HKD2.8 million per award)
You’re a startup, entrepreneur, or established enterprise with a plan to take things further. Select applicants from this category will pitch their idea to a panel of judges; finalists will pitch live on stage at the Regional Semi-Final event for the chance to take home funding.

Performing Arts Award
USD18K – USD72K per award (HKD140K – HKD562K per award)
You’re a musical group, dance troupe, slam poet, aerial silk artist, or other live performer, and you’re interested in sharing your art with our audience. Finalists from this category will secure a paid gig at the Regional Semi-Final event.

Non-profit Award
USD130K – USD360K per award (HKD1 million – HKD2.8 million per award)
You’re a registered charity or non-profit organization looking to expand your efforts. Select applicants from this category will pitch their idea to a panel of judges; finalists will pitch live on stage at their regional event for the chance to take home funding.

Community Giver Award
USD36K – USD130K per award (HKD281K – HKD1 million per award)
You’re an individual or collective who takes initiative—starting a community garden, helping the elderly, making public art, or dedicating yourself to another local endeavor with impact. Finalists from this category will compete for funding to honor their contributions.

WeWork Creator Awards Detroit Finalist Accelerating Her Startup in Greater China

With the Creator Awards 2017 a launchpad for turning dreams into reality, Ms. Wen Yao, a finalist from the Detroit leg of the Creator Awards, is now embarking into the Chinese market and is currently based in WeWork Yunnan Lu, Shanghai. “Being a proud finalist, the Creator Awards is an inspirational platform that changes lives for creators to continue having the capacity and resources to do what they love,” said Ms. Wen Yao, Co-Founder of POWWFUL, a female sportswear brand.

“Although we did not clinch the finals, the networking opportunities gained us with connections with like-minded members that are also on their mission to empower the world with a powerful voice. By leveraging on WeWork’s powerful global network, we now have great confidence in making inroads to the Greater China market and scaling our business to greater heights.”

Fostering Collaboration with Local Stakeholders

WeWork’s initiative for creation and innovation has also been echoed and aligned with many local stakeholders, including InvestHK, Cyberport, Hong Kong Science and Technology Parks, Techstars, along with WHub.

Invest Hong Kong is the department of the Hong Kong Special Administrative Region Government tasked to attract foreign direct investment and support overseas and Mainland businesses to set up or expand in Hong Kong. It launched the StartmeupHK initiative in 2013 to promote Hong Kong’s startup ecosystem and connect entrepreneurs in local and overseas startup communities. “We support WeWork’s vision in advancing entrepreneurial innovation in the Greater China community of creators, and we strongly encourage founders and entrepreneurs to use Hong Kong as their base to scale their business globally from this city,” said Charles Ng, Associate Director-General, InvestHK.

Cyberport is a leading innovative digital community with over 1,000 technology companies and start-ups. With the vision to become a main force in developing the digital tech industry as a key economic driver of Hong Kong, Cyberport is committed to nurturing youth, start-ups and entrepreneurs to grow in the digital industry by connecting them to strategic partners and investors, driving collaboration with local and international business partners to create new markets and opportunities, and accelerating digital technology adoption amongst corporations and SMEs. “Committed to supporting start-ups in springboarding to success, the Creator Awards is timely in nurturing further developments of the start-up ecosystem in the Greater China region,” said Dr. Lee George Lam, Chairman, Cyberport. “With Cyberport being a leading driver of the regional digital tech innovator arena, we believe that the collaboration with WeWork will recognise the outstanding innovators and contribute to the ongoing development of the region’s entrepreneurial ecosystem.”

Comprising Science Park, InnoCentre and Industrial Estates, Hong Kong Science Technology Parks Corporation (HKSTP) is a statutory body dedicated to building a vibrant innovation and technology ecosystem to connect stakeholders, nurture technology talents, facilitate collaboration, and catalyse innovations to deliver social and economic benefits to Hong Kong and the region. “With the diversity of creators in the creator ecosystem, it is extremely encouraging to see the Creator Awards as an emerging platform that is giving deserved recognition to different types of creators,” Wilson Chan, Manager of Incubation Promotion, Hong Kong Science and Technology Parks. “Together with WeWork, we look forward to making greater strides in boosting innovation in the Greater China region.”

Techstars is a global network that helps entrepreneurs succeed. Techstars Startup Programs are action-oriented programs in 150+ countries around the world that power every step of the entrepreneurial journey. “Aligned with the Creator Awards, such a platform will set the bar for integrating creators that are breaking boundaries and norms. Creativity is the most crucial element for entrepreneurs. This will give them the tools to make a positive impact, and help their creative ideas disrupt an entire industry,” said Felix Wong, Community Manager of Greater China at Techstars. “With the region growing into a global center for innovation, we are excited to continue building up the local ecosystem for a brighter future.”

WHub is Hong Kong’s online startup community with more than 1,900 startups making meaningful connections to develop their business. “With more forward-thinking companies leaning towards building positive impacts, it is even more essential to recognize these creators in today’s world,” said Karena Belin, Co-Founder, WHub. “Coupled with WeWork leading the way in supporting and empowering such creators, we look forward to creating a lasting legacy for the local community through this partnership.”

Other partners in Mainland China include NIO, Chinaccelerator, NYU Shanghai, Innoway, and Tsinghua SEM X-elerator.

Amplifying WeWork’s footprints in the Greater China region

WeWork first entered Greater China in 2016 and opened its first location in Asia – WeWork Yanping Lu on July 1 in Shanghai. Along with its swift expansions, WeWork made its Hong Kong debut by opening WeWork Tower 535 on September 1, 2016. Thereafter in November 2016, WeWork also opened its China flagship WeWork Weihai Lu in Shanghai and WeWork Wanchai in Hong Kong.

In July 2017, SoftBank Group Capital (“SoftBank”) and Hony Capital, a leading private equity firm in China, announced a new USD500 million investment dedicated solely to fueling WeWork’s growth and expanding its operations throughout China. The investment vehicle, led by Hony Capital and a subsidiary of SoftBank, created an entity that operates under the name WeWork China where WeWork is responsible for the management and operations of WeWork China, while SoftBank and Hony Capital each own a minority stake. With the support of local teams and its partners, WeWork will continue looking for new space in cities with existing mature businesses, while also exploring new regions with potential for innovation and growth.

WeWork currently has 10 operating locations in Shanghai, Beijing and Hong Kong. In addition to WeWork Tower 535 and WeWork Wanchai in Hong Kong, WeWork will be accelerating its development to several other locations in Hong Kong such as LKF Tower by the end of 2018.

In 2017, WeWork opened more locations in Beijing – WeWork Guanghua Lu, WeWork Ciyunsi, WeWork Wangjing – and Shanghai – WeWork Yan’an Dong Lu, WeWork Yunnan Lu and WeWork Xujiahui.

In early 2018, WeWork will be opening more locations namely WeWork Sanlitun in Beijing and WeWork Guojin, WeWork Nanjing West Road, WeWork Huaihai Zhong Lu, WeWork Xintiandi in Shanghai.

By gearing up for strengthened growth in 2018, WeWork will be expanding its presence to 8 more new cities including Shenzhen, Suzhou, Hangzhou, Xia Men, Cheng Du, Nan Jing, Xi’An and Wuhan in 2018.

Meeting Increasing Demand of Customized Spaces with Enterprise Solutions

In October 2017, WeWork formally launched its Enterprise Solution in Greater China, which provides companies of 1,000+ employees with workspace solutions and community settings that enable them to innovate, collaborate and succeed.

From March to August 2017, more than one fourth of WeWork’s new members represent enterprise companies with over 1,000 employees and WeWork enterprise membership makes up 25% of total sales in Greater China.

Key enterprise members include Xiaopeng Automotive, Damai.cn (fully acquired by Alibaba) and Zhaopin.com in Beijing; HSBC and Twilio in Hong Kong; lululemon and O+O Online Technology in Shanghai.

Benefitting from WeWork’s world leading technologies that build healthier connections between members and spaces, WeWork is also using a new operating system called “Powered by We” which helps companies find, build and operate their own space while providing services that enhance employee experience.

Powered by We is the next iteration of WeWork’s product, where it leverages on the integrated expertise of WeWork from in-house research, development, design and construction and community teams to help companies find, build and operate their own space, while providing services that enhance employee experience. Companies can tap into WeWork’s proprietary software and hardware infrastructure to better manage, design and operate their own real estate portfolio.

More importantly, Powered by We services easily brings all signature elements of WeWork such as member benefits and services, a globally-connected vibrant community, innovative spaces, industry-leading technologies, enriched cultural experiences, shared amenities and a humanized way of life and work to any enterprises and its employees anytime and anywhere.

###

About WeWork

WeWork is a platform for creators, providing more than 200,000 members around the world with space, community, and services through both physical and virtual offerings. Its mission is to create a world where people work to make a life, not just a living. WeWork currently has 212 physical locations in 66 cities and 20 countries around the world.

Founded in 2010 by Adam Neumann and Miguel McKelvey in New York, the company now employs more than 4,400 globally. WeWork seeks ‘creators’ from all industries and companies big and small to become members, with a suite of WeWork-specific membership benefits in each country and a local staff in each city.

More than 20,000 companies and more than 200,000 members are now based at a WeWork, with member companies ranging from start-ups to household names including Dell, KPMG, GE, Microsoft, and Samsung. More than 70% of WeWork’s members collaborate with each other and its international locations serve as convenient bases for business travel, enabling a great degree of work flexibility for both multinationals and small-to-medium-sized businesses alike, as well as options for easy expansion into new markets.

For more information, please visit wework.com

For media inquiries, please contact:
Jenny Chan
jenny.chan@wework.com
Head of Public Affairs, Asia

Louis Ma
louis.ma@wework.com
Senior Manager, Public Affairs, China, WeWork

Sharlene Lee
sharlene.lee@wework.com
Associate, Public Affairs, Asia

The Hoffman Agency
Queenie Wong
T: +852 2231 8115
Email: QWong@hoffman.com

Karuna Tsang
T: +852 2231 8112
Email: KTsang@hoffman.com

The press release WeWork Fortifies 2018 Growth By Launching the Creator Awards To Energize Greater China’s Innovation Ecosystem comes from Xinwengao.com press release distribution and journalist media database service in China.

Hong Kong, November 28, 2017 /Xinwengao.com/ - Under the backdrop of an economic rationalization and a government-led campaign to reduce excess capacity and lower corporate stock and leverage, the investible assets in this wave of expected rising distressed debt in China has clearly different characteristics compared to past cycles.

China Money Network has researched that the latest wave of deals in Chinese distressed debt space appear to have higher asset quality compared to previous non-performing loans entering the market. This could mean that legal complexity of these obligations is much greater this time around. So as the government’s determination to strengthen implementation of the Bankruptcy Law provides a more robust legal environment for investors operations in China, an expanded investment strategy for bankruptcies, NLP’s, debt-to-equity conversion and emergency funding all are expected to be deployed as this market continues to mature.

“This high-level event will gather relevant market investors and deal makers together for a practical ‘lessons learned’ panel discussion on investment opportunities on China’s special situations market,” said Naveet McMahon, managing partner of China Money Network. “Participants wanting to explore the challenges and avoid the pitfalls of these opportunities should join our event.”

China Money Network and KPMG  are proud to present the annual Special Situations Forum: China 2017 to gather leading industry experts to brainstorm and share valuable insights.

Only limited seats are open for public registration. Registration is available here:

https://www.chinamoneynetwork.com/special-situations-forum-china-2017

EVENT DETAILS:

Date: Wednesday, December 13, 2017

Time: 8:00AM-10:30AM

Location: JW Marriott Hotel, One Pacific Place, 88 Queensway, Admiralty, Hong Kong

Language: English

8.00 Registration & Breakfast

8.30 Opening Keynote Address

8.40 Panel Discussion

9.40 Interactive Q&A & Networking

10.30 End

SPEAKERS

Opening Address: UBS: Jason Bedford

Mr. Bedford is in the Asian Financial Institutions Research team at UBS, where he has a focus on China bank and non-bank lenders. Prior to that, he spent nearly nine years in Beijing primarily auditing and consulting for mainland financial services sector clients with KPMG. He had a core focus on the banking and shadow banking sectors, which included the trust sector, leasing, micro-finance and credit guarantee.

PANEL SPEAKERS:

Bain Capital Credit: Kei Chua

Kei Chua is a managing director based in Bain Capital Credit’s Hong Kong office and is a member of the Distressed and Special Situations team focused on special situations and portfolio investing. Previously, Mr. Chua was the co-head of Asia for Mount Kellett Capital focused on special situations and distressed investing. Prior to that, Mr. Chua was a partner with Unitas Capital, where he was responsible for investments in Greater China and Southeast Asia. Mr. Chua worked at Cerberus Capital and DLJ in Hong Kong and New York earlier in his career.

Shenzhen Qianhai Financial Asset Exchange: Ruth Ru

Ms. Ru Xia is general manager of the cross-border business division of the Shenzhen Qianhai Financial Assets Exchange Ltd., an exchange backed by Ping An Insurance providing registrations, transfers, trading and settlement of distressed debt assets and other financial assets. Ms. Ru was previously financial officer of China Construction Bank branch in Dubai since 2013. She has also been deputy head of department of China Construction Bank Corporation Regional Audit Office (Hong Kong), and also the chief manager of audit department of CCB International (Holdings) Ltd.

Poseidon Capital Group: James Feng

James Feng is founding partner of Poseidon Capital Group, an investment firm focused on investing in non-performing loans, distressed debt, distressed real estate and distressed companies in China. Before founding Poseidon Capital, Mr. Feng worked at Partners Group, Apollo Global Management, HSBC Holdings and Morgan Stanley.

William Hay & Co: William Hay

Mr. William Hay is the founder of William Hay & Co.Ltd. He advises private equity funds and private equity backed companies on legal and related strategic issues arising from fund raising, mergers & acquisitions, leveraged finance and stock market listings and other forms of exit. Mr.Will’s previous experience includes serving as general counsel of Baring Private Equity Asia. Prior to joining Baring, he held similar positions in with GE Capital Asia and Colony Capital. He also acquired and turned around a distressed hotel in China. Will was a partner in a Wall Street law firm before relocating to Hong Kong in 1995.

KPMG: Wilson Pang

Wilson Pang is a partner and Head of Turnaround, Restructuring Services at KPMG.  He also leads KPMG China’s Special Situations team, helping Chinese state-owned and private-owned enterprises on restructuring and reform.  Over the last 4 years, Wilson and his team has assisted Chinese banks to dispose over Reminbi 350 billion NPLs into the market.  Prior to KPMG, Mr. Wilson was Head of China, Special Opportunity Fund & Senior Investment Professional at TRG Management Hong Kong Ltd., also known as the Rohatyn Group.  Wilson was previously also a Director of Citigroup’s Global Special Situation Group, where he was responsible for Greater China distressed assets, non-performing loans portfolios, pre-IPO and growth equity investments.

MODERATED BY:

China Money Network: Nina Xiang

Nina Xiang is the co-founder and managing editor overseeing editorial content and product development at China Money Network. Before founding China Money Network in 2011, Nina worked at BusinessWeek magazine in Beijing and Institutional Investor magazine in New York, covering business and financial services in China and the U.S. While in New York, she also served as part-time correspondent for Shanghai’s financial television channel China Business Network, as well as China Radio International, China’s national English-language radio network.

DISCUSSION TOPICS:

– How is the current distressed debt cycle different from past ones in China?

– For offshore investors, what are the developments that have made their investment proposition more viable and attractive? Conversely, what risks have become more pronounced?

– Which strategy appears most promising, and what are the constraints?

– What are the impact of multiple new entrants to the market? Does it mean a further squeeze to profitability to all players?

– Generalist vs. specialist: What are the key skills needed to navigate the highly risky distressed debt market in China?

Only limited seats are open for public registration. Registration is available here:

https://www.chinamoneynetwork.com/special-situations-forum-china-2017

ABOUT CHINA MONEY NETWORK:

China Money Network hosts an artificial intelligence (AI)-based bilingual platform that follows China’s smart investments, special situations and technology innovation every day. By tracking China’s private equity, venture capital and technology sectors, we deliver actionable data to our customers.

CMN provides a unique way to target deal makers, top decision-makers and business leaders in China and around the world. We are well positioned with our team of experts and advisors to uncover forward looking cross-border deal flows not only for our customers in China but those trying to enter this highly lucrative marketplace.

Millions of professionals rely on CMN to take the business pulse of China and to follow daily/weekly trends, expert network events, exclusive company rankings, customized thought leadership research, subscription-based digital services as well as our Chinese language platform www.zhongjintoux.com, bridging global investors with business opportunities in China.

CMN, founded in 2011, is headquartered in Hong Kong and operates from offices in Shanghai, Beijing, Shenzhen, Hangzhou and Los Angeles. We are an independent business owned by our founding team and employees.

For further inquiries, please contact:
Naveet McMahon: nm@chinamoneynetwork.com

The press release China Money Network and KPMG Present the Annual “Special Situations Forum: China 2017” in Hong Kong comes from Xinwengao.com press release distribution and journalist media database service in China.

Hong Kong, August 28, 2017 /Xinwengao.com/ - TiENPAY Limited, a pioneer financial technology firm that offers a global digital mobile wallet, clearance and settlement platform, announces that it has launched its T8Coin initial coin offering (ICO). The offering, from which investors can purchase TiENPAY’s proprietary T8Coin tokens with attractive investment return prospects, will fund the company’s development of an innovative blockchain-based royalty disbursement platform.

At the same time, TiENPAY is officially launching a fully licensed digital currency exchange in Hong Kong today, in partnership with Chinese financial firm, Baixin Financial Group Ltd. The exchange will allow the trading and conversion of four pairs of cryptocurrencies and fiat currencies, including Bitcoin/US dollar, Bitcoin/Australian Dollar, Bitcoin/CNY, and Bitcoin/Hong Kong dollar.

“I’m excited to announce that TiENPAY’s ICO has so far received strong investor enthusiasm, because our T8Coins are to fund a smart contract-based media and loyalty disbursement project that is expected to return handsomely for our token holders,” says William Tien, founder and CEO of TiENPAY. “In addition, the launch of the Hong Kong digital currency exchange pushes us one step forward in realizing our mission of creating a global and ubiquitous omni-channel financial platform offering hassle-free access to digital goods and services.”

“We are excited to partner with leading fintech company TiENPAY to launch the Hong Kong digital currency exchange,” says Liu Ziwei, Managing Director of Baixin Financial Group. “The exchange will benefit the fintech community in Asia to convert cryptocurrency and fiat currency with the convenience of just a few swipes of their fingers.”

The Initial coin offering, similar to an initial public offering, is a form of crowd sale where tech companies or projects raise capital in the form of crytocurrency, usually Bitcoin or Ethereum, by issuing project tokens. Since Mastercoin announced the first ICO globally, ICOs have become increasingly popular. In 2017, nearly 90 ICOs have taken place globally, raising crytocurrencies worth US$1 billion. China’s first ICO was completed last year by a project named Xiaoyi, and the market has skyrocketed since then. During the first half of this year, 64 ICOs were issued in China, raising crytocurrencies worth a total of RMB2.6 billion (US$420 million), taking over 40% of the global total.

TiENPAY’s T8Coin is a crypto token that utilizes the Ethereum Blockchain and consensus network. Early investors buying T8Coins during the ICO will be entitled to receive royalties in perpetuity from 20 web films TiENPAY plans to produce in the next five years. The web films will be embedded with TiENPAY’s proprietary Xtopp platform, which offers innovative advertisement and sponsorship opportunities to clients, therefore creating lucrative revenue streams that will be distributed to T8Coin holders. These web films will be distributed on China’s major online video sites and other prominent distribution channels.

The ICO accepts Bitcoin or Ethereum in exchange for the T8Coin token, which represents a contractual right to receive a royalty derived from the sale of T8Coin content. T8Coin is supported by Smart Contracts that act as an escrow agreement between the T8Coin and the Investors who purchase the tokens.

“It is the first time where web film production and distribution has been combined with innovative smart contract and blockchain technology to create an opportunity to benefit discerning investors,” says Victor Chow, co-founder and group chief operating officer of TiENPAY. “We expect with the completion and broad online distribution of our first movie before year-end, our token holders will be generously rewarded for their foresight in purchasing our T8Coin tokens.”

Last month, TiENPAY announced that it plans to produce 20 web films to promote the usage of innovative technologies such as its own mobile wallet. The first film, a comedy thriller web film “Wallet”, will be produced by Beijing Jinmache Film & Television Culture Communication Co., Ltd.  Production will start in September.

The pre-ICO, which has a maximum of 100 million T8Coins, began on August 18. The T8Coin crowd sale, with a cap of 100 million tokens, will start from September 8 to 22, 2017.  Any unsold tokens will be “burned”, or destroyed.

For more information, please contact:
Maggie Wang
Asia Media Network
Email: tienpay@asiamedianet.com for more details.

ABOUT TiENPAY:
Tracing its roots back to the first mobile phone mobile wallet in Australia in 1996, TiENPAY Limited is a leading global mobile wallet clearance and settlement platform. Founded by Singaporean entrepreneur and finance veteran William Tien and former Huawei executive Victor Chow, the company’s operations include mobile wallet apps and a digital currency exchange. The company currently has operations in Hong Kong, Singapore, China, Australia, U.S., U.K., India and Russia.

*Important disclosure: Investors are advised to exercise caution when purchasing cryptocurrencies, and are advised to conduct their own research and come to a conclusion purely based on their own analysis. This release is distributed to inform and disclose information and may not serve in any way as defining TienPay Limited and its affiliates’ legal obligations to token purchasers.

The press release Global Mobile Wallet Pioneer TiENPAY Launches Initial Coin Offering comes from Xinwengao.com press release distribution and journalist media database service in China.

Shenzhen, China, July 26, 2017 /Xinwengao.com/ - TiENPAY Limited, a premium global mobile wallet platform, today makes the global debut of its innovative mobile wallet app: TiENPAY Wallet.

The company successfully conducted a live cross-border digital currency during a press conference in Shenzhen today to mark the global launch. The company’s TiENPAY mobile iOS apps will be formally launched in August, and its Android apps will be launched in September this year.

At the same time, TiENPAY announced that it plans to produce 20 web films in the next few years to promote the usage of innovative technologies such as its own mobile wallet. The first film, a love comedy web film “Wallet”, will be produced by Beijing Jinmache Film & Television Culture Communication Co., Ltd.  Preparation will begin in August and production will start in September.

“I believe today’s launch of TiENPAY Wallet ushers in a new age of financial freedom and inclusion, as our innovative products integrating the most advanced financial technology will extend convenient financial services to people around the world,” says William Tien, founder and CEO of TiENPAY. “We are confident that users will fall in love with TiENPAY and we will become the best global mobile wallet platform.”

TiENPAY can be integrated with existing channel service providers into local merchant accounts through Point Of Sales (POS) using QR codes or EAN code scanning. TiENPAY has internal built-in clearance and settlement of cryptocurrency including Bitcoin and Ethereum through its digital exchange in Hong Kong.

The company also plans to launch its digital exchange platform in Hong Kong in August for the trading of cryptocurrency and assets such as Bitcoin. By its August launch, the exchange will allow conversion of four pairs of cryptocurrency and fiat money: Bitcoin/U.S. dollar, Bitcoin/Australian dollar, Bitcoin/Renminbi, and Bitcoin/Hong Kong dollar. The exchange will expand to allow conversions of other digital currencies, including the company’s own digital tokens that it plans to launch in the near future.

TiENPAY’s services are currently set to cover eight countries and regions, including the United States, U.K., Australia, Singapore, Hong Kong, Cambodia, Russia and India. The company has plans to expand to cover 35 countries in five years.

“I’ve spent years traveling around the world and always had difficulty conducting currency conversions and cross-border transactions. I thought we should have something universal so that people don’t need to wait for two weeks before receiving their money,” Tien adds. “TiENPAY is exactly the answer to solve these kinds of headaches suffered currently by international travelers, residents of remote places and enterprises conducting cross-border transactions.”

“After years of hard work, we are glad to mark the global launch of our innovative fintech product TiENPAY Wallet,” said Victor Chow, co-founder and group chief operating officer of TiENPAY. “Business and individuals will find our wallet as the most convenient option as it has the capacity to connect to more than 350 payment gateway or aggregators like Visa, MasterCard, China UnionPay, WeChat and Alipay.”

ABOUT TiENPAY:
Tracing its roots back to the first mobile phone mobile wallet in Australia in 1996, TiENPAY Limited is a leading global mobile wallet clearance and settlement platform. Founded by Singaporean entrepreneur and finance veteran William Tien and former Huawei executive Victor Chow, the company’s operations include mobile wallet apps and a digital currency exchange. The company currently has operations in Hong Kong, Singapore, China, Australia, U.S., U.K., India and Russia.

The press release TiENPAY Launches Innovative Global Mobile Wallet Platform comes from Xinwengao.com press release distribution and journalist media database service in China.

Hong Kong, China, July 24, 2017 /Xinwengao.com/ - Molex, a worldwide manufacturer of electronic solutions, has been awarded the 2016 Excellent Supplier Award for its superior performance in technology development, innovation, quality and delivery in the category of connectors from H3C – a leading information technology (IT) provider across the world, based in China with two headquarter locations in Beijing and Hangzhou. Molex is the only interconnector supplier company to earn this prestigious award in the 2016 calendar year.

“It is an honor to be recognized by H3C for our seamless service and product innovations,” said Murat Dogansoysal, VP sales Datacom, Molex. “The Excellent Supplier Award represents our commitment and capacity to support the interconnect solutions needs for a strategic supplier on a global level. Molex takes great pride in delivering quality products with the latest innovation.”

The Excellent Supplier Award honors top suppliers that demonstrate standout results in areas such as technology development, execution and innovation of superior products and services to H3C customers over the past calendar year. The key criteria considered during the nomination process is an overall look at performance. Molex hit the mark in each area resulting in being the clear choice for this prestigious award. Molex interconnect solutions exceeded in outstanding overall performance, a reason the company was selected as a top interconnector supplier for H3C in 2016.

Molex assists H3C in their production of IT solutions created to give customers a leg up against the competition in the fields of enterprise networks, devices and cloud computing. The 2016 award marks the 3rd consecutive year Molex earned this honorable award.

The Excellent Supplier Award was given to Molex on March 7, 2017 in Hangzhou China, Murat Dogansoysal accepted the award on behalf of Molex. For more information about Molex, please visit http://www.molex.com.

About Molex:

Molex brings together innovation and technology to deliver electronic solutions to customers worldwide. With a presence in more than 40 countries, Molex offers a full suite of solutions and services for many markets, including data communications, consumer electronics, medical, industrial, automotive, commercial vehicle. For more information, please visit www.molex.com.

Molex Resources:

‧ Learn more about Molex at www.molex.com
‧ Follow us at www.twitter.com/molexconnectors
‧ Watch our videos at www.youtube.com/molexconnectors
‧ Connect with us at www.facebook.com/molexconnectors
‧ Read our blog at www.connector.com

The press release Molex Earns Prestigious Award for Excellent comes from Xinwengao.com press release distribution and journalist media database service in China.

Shanghai, China, July 21, 2017 /Xinwengao.com/ - Organized by UBM China, Interop & Cloud Connect China 2017 is going to take place at Shanghai World Expo Exhibition & Convention Center on September 5-7, 2017.  This year, the overall scale and the quality of the event will be superior to the previous one thanks to the debut of Interop in Shanghai. Cloud computing service and solution providers and networking enterprises will congregate to meet IT leaders like CIOs and CTOs from end users in finance, e-commerce, FMCG, retail, education, manufacture, rail transit, national defense, etc. A new round of discussion over cloud computing and networking’ technical innovation and practical application is definitely to be brought by eminent speakers in China and foreign countries.

Interop & Cloud Connect China 2017 will include various simultaneous activities like keynote speech, workshops, conference tracks, the enterprise CIO forum, matchmaking event, etc, which can further enhance the participation value for attendees and exhibitors. The exhibitors will both showcase the latest technical products and services and have a chance to interact with potential clients and their counterparts.

Eminent Speakers & Hot Topics
So far, many global eminent speakers have confirmed to share theirs insights and interpretation for cloud computing trend and practices at Interop & Cloud Connect China 2017. Conference tracks this year will focus on six parts: Industrial Application, Cloud Native Technologies & Practices, Big Data and Artificial Intelligence, Software Defined Data Center & Cloud Management Platform, Internet of Things+ and Cloud & Network Security. Part of the speakers are like the following:

— Jacky Zhang, Strategy Development GM, LeCloud;
— Song Lin, Project Manager/Data Scientist, Petrochina;
— Chris Van Tuin, Chief Technologist, North America West, Red Hat;
— Richard Hou (PHD), Chief Cloud Strategy Consultant, Huawei;
— Shen Li, VP Engineering, PingCAP;
— Fang Li, Founder & CEO, CloudChef;
— Yuebin Shen, VP of R&D, Anchora Information Technologies, Ltd;
— Kai Zhou, Vice President, NSFocus;
— Uday Oali Pabrai, CEO, ecfirst;
— Haiming Yang, Chief Architect, JD.com.

Click here to see the updated conference agenda:
http://www.cloudconnectevent.cn/en-us/Agenda

Sponsors & Exhibitors At-a-Glance
Leading brands in cloud computing and networking industry will be seen at the exhibition area at Interop & Cloud Connect China 2017 like Shanghai Yovole Networks lnc., Guangdong Hotwon Network Co.,Ltd, Beijing Big Data Group, Beijing Internet Harbor Co., Ltd., Ixia, FIBERHOME, Shanghai Cloudguarding Information&Technology Co.,LTD, OPEN01 TECHNOLOGY LIMITED, Singtel, PingCAP, Ping An Technology?Shenzhen?Co.Ltd, NSFOCUS Cloud, iTech Towers, ModuleTek, Zoho, Nubosh Technology Inc., DYXnet Group, iTrusChina Co.,Ltd., etc.

Click here and register to meet the above enterprises for free:
http://www.ubmconlinereg.com/CLOUD17/exhibitionen/

You can also register to attend the conferences during Interop & Cloud Connect China 2017 and the discount for conference tickets are still available till the commencement of the event. http://www.ubmconlinereg.com/CLOUD17/en/

Contact Us:
Mr. Derren Gong
(86-21) 6157 7250
derren.gong@ubm.com

Mr. Alex Sun
(86-21) 6157 3948
alex.sun@ubm.com

Ms. Kico Wang
(86-21) 6157 7241
kico.wang@ubm.com

The press release What’s New for Interop & Cloud Connect China 2017 comes from Xinwengao.com press release distribution and journalist media database service in China.