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GUANGZHOU, Aug. 21, 2023 /PRNewswire/ -- E Fund Management ("E Fund"), the largest fund management company with offices in mainland China and Hong Kong, recently was invited to the web event commemorating the fourth anniversary of the Shanghai Stock Exchange (SSE) Science and Technology Innovation Board (STAR Market), which highlighted the remarkable strides in the internationalization of the STAR Market. Established in July 2019, the STAR Market aims to promote the innovation-driven and high-quality economic development, and pilots in the registration system reform and market making mechanism. In just four years, the STAR Market has been remarkably successful in attracting international participation by expanding its product ecosystem and broadening channels for foreign investors. According to SSE, nearly 4% of total shares are currently held by foreign ownership, which contributes to more than 10% of total trading volume. Since the beginning of this year, the SSE has organized a number of activities to connect with overseas investors, including 12 corporate roadshows covering a range of science and technology sectors. E Fund recently joined the other 50 global financial institutions in attending the STAR Market's anniversary web event, showcasing its dedication to continue at the forefront of financial innovation and international collaboration. The STAR Market served diverse investment needs from both domestic and foreign investors with the index system, consisting of STAR 50 Index and STAR Growth Index, which are positioned to capture the growth potential of STAR Market-listed companies with the largest market capitalization and with the highest overall growth performance respectively. While the STAR 50 Index has seen rapid growth in terms of the number of relevant products and the amount of assets which, based on Wind data, surpassed RMB 100 billion (USD 13.8 billion) in three years' time, the STAR Growth Index was introduced last year and differentiated itself with focus on short- and medium-term profit growth. Among the notable offerings from E Fund are E Fund SSE STAR 50 ETF, which was included in the ETF Connect program in July, and E Fund SSE STAR Growth ETF, which was launched on August 14th. About E Fund Management Established in 2001, E Fund Management Co., Ltd. ("E Fund") is a leading comprehensive fund manager in China with close to RMB 3 trillion (USD 414 billion) under management. It offers investment solutions to onshore and offshore clients, helping clients achieve long-term sustainable investment performances. E Fund's clients include both individuals and institutions, ranging from central banks, sovereign wealth funds, social security funds, pension funds, insurance, and reinsurance companies, to corporates and banks. Long-term oriented, it has been focusing on the investment management business since inception and believes in the power of in-depth research and time in investing. It is a pioneer and leading practitioner in responsible investments in China and is widely recognized as one of the most trusted and outstanding Chinese asset managers.
How MyntExchange Can Revolutionize Micro Investing REYKJAVÍK, Iceland, Aug. 21, 2023 /PRNewswire/ -- Exploring the Rise of Micro-Investing Micro-investing apps have revolutionized the world of investing, making it more accessible and inclusive to a wider audience. These innovative platforms allow everyday individuals to enter the world of investing with minimal barriers. This article explores the concept of micro-investing, delving into its benefits, popular apps available, considerations for choosing the right platform, potential risks, and future implications for traditional investing. 1. Introduction: The Growing Popularity of Micro-Investing Apps With the rise of technology, investing is no longer just for the privileged few who have deep pockets or a background in finance. Micro-investing apps have made investing more accessible, affordable, and user-friendly than ever before. They allow individuals to start investing with small amounts of money, often as little as a few dollars. Micro-investing apps have leveled the playing field and opened up investing to all. 2. Understanding Micro-Investing: A Revolution in Investment Accessibility Micro-investing refers to the practice of investing small amounts of money into various assets such as stocks, bonds, or exchange-traded funds (ETFs). It allows individuals to gradually build their investment portfolio over time, even if they can only spare a few dollars each month. 3. The Benefits of Micro-Investing: Empowering Individuals to Start Investing Low Barrier of Entry Micro-investing has a low barrier of entry, allowing individuals to start investing with as little as a few dollars. This makes investing accessible to individuals of all income levels and encourages a savings habit, even if it's on a small scale. Fractional Shares and Diversification Fractional shares enable you to diversify your investments more easily by spreading your money across multiple stocks or funds, reducing the risk associated with investing in a single asset. Automating Investments and the Power of Compound Interest Micro-investing apps often offer features that allow you to automate your investments, helping you build your investment over time without having to actively monitor the market. Additionally, by investing regularly, you tap into the power of compound interest, where your earnings generate even more earnings. 4. Exploring Popular Micro-Investing Apps: Features and Benefits Micro-investing apps like App A, B, and C offer a user-friendly interface and investment options like stocks, ETFs, and cryptocurrency. They also allow you to set up automatic investments and enjoy the benefits of fractional shares. 5. Considerations for Choosing a Micro-Investing App: Security and Fees When choosing a micro-investing app, consider the security measures and account protection they offer. Additionally, be cautious of any hidden costs that may eat into your returns. 6. Challenges and Risks of Micro-Investing Market volatility and risk management, lack of personalized guidance and financial education, and regulatory challenges and legal considerations are some of the challenges and risks of micro-investing. 7. The Future of Micro-Investing: Trends and Potential Impact on Traditional Investing Micro-investing is expected to become even more mainstream as technology advances and financial services become increasingly digitized. Traditional financial institutions are being challenged to adapt to the changing preferences and demands of younger, tech-savvy investors. Additionally, financial advisors must adapt their approach to accommodate clients who may have started their investment journey through micro-investing apps. MyntExchange is a revolutionary investment platform that is democratizing access to investment opportunities and changing the way people think about micro investing. Built on Blockchain Technology MyntExchange is built on blockchain technology, which provides increased security and transparency for investors. It also allows for fractional ownership, meaning that investors can buy and sell small portions of assets, rather than having to buy the entire asset. Low Fees One of the key benefits of MyntExchange is its low fees. Traditional investment platforms often charge high fees for transactions and management, which can eat into the profits of small investors. MyntExchange, on the other hand, charges minimal fees, making it accessible to investors of all sizes. Diverse Investment Opportunities Perhaps most importantly, MyntExchange provides access to a diverse range of investment opportunities. This includes traditional assets such as stocks and bonds, as well as alternative investments like real estate and private equity. By offering a wide range of investment options, MyntExchange empowers investors to create diversified portfolios that can help to mitigate risk and maximize returns. Conclusion In conclusion, MyntExchange is a game-changing platform that is opening up the world of investing to a new generation of investors. By providing low fees, fractional ownership, a user-friendly interface, and access to a diverse range of investment opportunities, MyntExchange is revolutionizing the way people think about micro investing. Whether you are a seasoned investor or just starting out, MyntExchange is a platform worth exploring. CONTACT: MyntExchange Get in touch Listing Your Company The following files are available for download: https://mb.cision.com/Public/22698/3820275/945398a20d701b11_org.png Micro investing with MyntExchange
HONG KONG, Aug. 21, 2023 /PRNewswire/ -- DPC Dash Ltd ("DPC Dash", the "Group", or the "Company") (1405.HK), Domino's Pizza's exclusive master franchisee in Mainland China, Hong Kong Special Administrative Region of China and Macau Special Administrative Region of China, is pleased to announce that it has been selected to be a constituent stock for the Hong Kong Hang Seng Composite Index, effective 4 September Launched in 2001, Hang Seng Composite Index, or "HSCI", is a stock market index of the Stock Exchange of Hong Kong. HSCI offers an equivalent of Hong Kong market benchmark that covers around the top 95th percentile of the total market capitalization of companies listed on the Main Board of the Stock Exchange of Hong Kong. The Index inclusion is expected to be a positive catalyst for the Group to further broaden its shareholder base. COMPANY STATEMENT Ms. Aileen Wang, CEO & Executive Director of DPC Dash commented, "We are very pleased to be one of the new additions to the Hang Seng Composite Index." Ms. Wang added, "to be recognized by the market and by the Hang Seng Index is yet another major milestone for DPC Dash and we will continue to build on this momentum." Ms. Wang further added, "We believe inclusion into the index would further enhance the group's brand and reputation with added appeal to investors worldwide." About DPC Dash Ltd DPC Dash Ltd is Domino's Pizza's exclusive master franchisee in the China mainland, the Hong Kong Special Administrative Region of China and the Macau Special Administrative Region of China. Domino's Pizza, Inc., DPC Dash Ltd's global franchisor, is one of the most widely recognized global consumer brands and the world's largest pizza company. Led by a seasoned and visionary management team, DPC Dash Ltd is a market leader that differentiates from competitors with, among others, a continually developed and localized pizza-focused menu, unique expertise and leadership in delivery, technology focus and scalable and replicable store economic model. DPC Dash Ltd directly operates 672 stores across 20 cities in China mainland as of June 30, 2023. The Company is the fastest growing among China's top-five pizza brands, as well as the third largest in terms of 2022 revenue, according to a report by Frost & Sullivan in March 2023. For more information, please visit www.dpcdash.com CONTACTS DPC Dash Ltd Investor Relations:ICR, LLCdpcdashIR@icrinc.com DPC Dash Ltd Media Relations:ICR, LLCdpcdashPR@icrinc.com
H1 2023 conference call to be held on August 24, at 8:00 a.m. Eastern Time HONG KONG, Aug. 20, 2023 /PRNewswire/ -- Sisram Medical Ltd (the "Company" or "Sisram", stock code: 1696.HK; together with its subsidiaries referred as the "Group"), a global consumer wellness group featuring a first-of-its-kind synergistic ecosystem of business building blocks and consumer-focused brands, including Energy Based Devices, Injectables, Aesthetic and Digital Dentistry, Personal Care, and more, today announced that it expects to release its financial results for H1 2023, ended June 30, on Wednesday, August 23, 2023. Sisram's management team will host a conference call to discuss the financial results on Thursday, August 24, 2023, at 8:00 a.m. Eastern Time. Speakers will include: Mr. Liu Yi, Sisram's Chairman, Mr. Lior Dayan, Sisram's Chief Executive Officer, Mr. Doron Yannai, Alma's CFO, and Ms. Qianli Fang, Sisram's Secretary of the Board. Following the prepared remarks, management will be available for a question-and-answer session. The conference call can be accessed using the following link: https://cm.263.net/t/ADmA2u Alternatively, participants can dial-in with the below numbers, using the passcode: 875479352 United States: +1-408-709 3255 or +1-516-226 8028Hong Kong S.A.R: +852-3018 6949 or +852-3018 3602Taiwan Region: +886-(0)2-7741 7882International: +86-23-62737100 The conference call will begin at:8:00 a.m. Eastern Time5:00 a.m. Pacific Time3:00 p.m. Israel Time A replay will also be available on Sisram Medical's Events page. About Sisram Medical Ltd Sisram Medical Ltd (1696.HK) is a global consumer wellness group, featuring a first-of-its-kind synergistic ecosystem of business building blocks and consumer-focused branding, ranging from Energy Based Devices, Injectables, Aesthetic and Digital Dentistry, Personal Care and more. The company is majority owned by Fosun Pharma, one of China's leading healthcare groups. On September 19, 2017, Sisram Medical went public, becoming the first Israeli company ever to trade on the Main Board of the Hong Kong Exchange. Sisram Medical – Enhancing Quality of Lifehttp://www.sisram-medical.com
KUALA LUMPUR, Malaysia, Aug. 20, 2023 /PRNewswire/ -- Lirunex, the award-winning online trading platform and brokerage, is proud to announce its commitment to empower traders in China, Thailand, and Vietnam with a wide range of comprehensive trading services. As part of its mission to expand its reach across the APAC region as disposable income in the region grows, Lirunex aims to provide traders with a comprehensive and regulatory-compliant platform to access global financial markets. Lirunex Empowers Traders in China, Thailand, and Vietnam with Comprehensive Trading Services With an extensive suite of trading services, Lirunex caters to both experienced investors and newcomers to the trading scene. With a focus on trader's experience, Lirunex ensures that users have access to a wide range of assets, including forex, commodities, CFDs, equity indices, precious metals, and energies. The platform was built from the ground up to be user-friendly and effective, giving clients access to insightful statistics and information that can be applied to make data-driven trading decisions. Delivering further value for traders, the recently launched LX Academy provides traders of all experience levels with comprehensive and applicable trading knowledge. Insights into local trading market trends and conditions through a variety of courses, webinars and other resources in various languages are made available for traders. Lirunex, in contrast to platforms with restrictive trading regulations, allows a variety of trading methods, such as hedging and scalping, giving traders the flexibility to use their preferred method. Additionally, Lirunex offers a number of payment options, making it simple for traders from many regions for seamless transactions. This internationally licenced broker further reiterates its commitment to compliance in light of the rising concerns about cybersecurity and regulatory issues in the digital age. To ensure these issues are addressed, the Cyprus Securities and Exchange Commission (CySEC), the Labuan Financial Services Authority (LFSA), and the Republic of Maldives Ministry of Economy and Development (MED) all oversee the segregation of traders' funds in reputable financial institutions. Rapid enablement In recent years, Lirunex has been actively expanding its reach across the APAC region. The platform's participation in prominent events like the Traders Fair Vietnam Hanoi 2023, iFX Expo Asia 2023, Trader's Fair in Manila, and the Forex Traders Summit Dubai 2023 were aimed to engage with the trading community. At the Forex Traders Summit Dubai 2023, Lirunex received the prestigious award for Best Asia Forex Broker 2023, a true testament to the platform's commitment to excellence and customer satisfaction. Lirunex recent growth worldwide is also evidenced by its trading volumes, which have reached USD 10 billion and counting. Serving over 15,000 traders from across the globe and investments worth USD 40 million are traded weekly. "Lirunex is devoted to empowering traders in across APAC by offering them quality trading services along with financial market information to ensure that traders are making wise choices while accessing international financial markets. We are honored to be named as Asia's as Best Forex Broker of 2023, and this achievement reinforces our dedication to deliver the best trading experience to our valued clients," said Jack Fong, CEO of Lirunex. While Lirunex strives to reinforce its position in the APAC region, the platform eagerly seeks to establish fresh partnerships and cultivate opportunities for traders to flourish in the dynamic online trading segment. About Lirunex Lirunex is a leading online trading platform and brokerage, committed to empowering traders worldwide with a reliable and regulatory-compliant environment to access global financial markets. With a focus on trustworthiness and customer satisfaction, Lirunex offers an extensive suite of trading services, including forex, commodities, CFDs, equity indices, precious metals, and energies. As a globally licensed broker, regulated in multiple financial jurisdictions, Lirunex ensures traders' funds are securely segregated in trusted financial institutions. The platform's user-friendly interface, low spreads, and fast execution make it a preferred choice for traders of all levels. For more information about Lirunex, please visit : https://lirunex.com/
INX and Republic Double Down on Commitment to Transform Global Digital Asset Space TORONTO, Aug. 18, 2023 /PRNewswire/ -- The INX Digital Company, Inc. (NEO: INXD, INXATS: INX, OTCQB: INXDF) ("INX"), a US-regulated broker-dealer, ATS, and transfer agent (via its wholly owned subsidiaries), announced today the successful closing of the initial investment by OpenDeal Inc. (dba Republic) ("Republic"), pursuant to the Subscription Agreement between INX and Republic dated June 15, 2023. Republic, a global financial firm operating a digital merchant bank and a network of investment platforms, has officially acquired 9.5% of INX's issued and outstanding shares with a US$5.25 million investment which will be paid to INX in combination of cash and Preferred B Shares of Republic, reflecting a pre-money valuation for INX of approximately US$50 million. With this significant milestone achieved, both entities are geared to further their collaboration (pursuant to the Collaboration Agreement dated June 15, 2023, between INX and Republic), aiming to broaden the horizons of tokenization infrastructure and democratize access to digital assets on an international scale. At the closing of the investment, INX and Republic intend to enter into a prospective non-binding term sheet in connection with the purchase of all the issued and outstanding share capital of INX on a fully diluted basis by Republic in consideration for an amount of up to US$120 million. "This is more than just a business investment; it's an investment in the future, which begins with a deep-rooted collaboration to reshape the global financial landscape. Having successfully integrated Republic's initial investment, we are now looking forward to jointly harnessing our expertise to push the boundaries of what's possible in the digital economy," remarked Shy Datika, INX CEO. Echoing this sentiment, Kendrick Nguyen, CEO of Republic, expressed, "Our initial investment in INX is just the starting point. As we move forward together, we're not just aiming for growth, but for a complete rethink of how investors participate in digital finance, be they institutional or retail." The Republic & INX collaboration includes the Subscription Agreement, which enables a synergy of cash and shares, and a Collaboration Agreement, which propels both parties to democratize finance and foster economic expansion by: INX's tokenized asset services, ensuring they are available for secondary market trading on the round-the-clock INX ATS. Seamlessly blending INX's holistic trading mechanisms for pivotal digital assets, such as Bitcoin and Ethereum, with Republic's expansive ecosystem. Merging Republic's FX broker-dealer prowess into the INX infrastructure. Enlisting the Republic Note on the INX ATS and integrating the INX trading platform with the comprehensive Republic Wallet Copies of the Subscription Agreement and Collaboration Agreement have been filed on the Company's profile at www.Sedar.com. For more information about INX and its novel trading and capital-raising financial instruments for enterprises and companies worldwide, visit https://www.inx.co/. INX has engaged Weild Capital, LLC ("WCL") to act as its financial advisor, including in connection with the Republic investment. Pursuant to that engagement, WCL was paid a retainer fee of US$90,000 and will be paid a cash fee of US$288,750 (equal to 5.5% of the aggregate purchase price paid by Republic), and 661,452 share purchase warrants (equal to 3.0% of the shares issued to Republic). Each share purchase warrant is exercisable into one share at a price of US$0.2381. David Weild, the principal of WCL, is the chairman of the INX board. The engagement of WCL is a "related party transaction" for purposes of Multilateral Instrument 61-101 – Protection of Minority Interests in Special Transactions ("MI 61-101"), but is exempt from the minority approval and formal valuation requirements under MI 61-101 pursuant to sections 5.5(a) and 5.7(a) thereof. INX expects to release a material change report which will be filed less than 21 days prior to closing of the Republic investment, which INX believes reasonable in the circumstances because the engagement of WCL is on arm's length terms and was previously disclosed in INX's March 31 and June 30 financial statements and MD&A. About INX:INX provides regulated trading platforms for digital securities and cryptocurrencies. With the combination of traditional markets expertise and a disruptive fintech approach, INX provides state-of-the-art solutions to modern financial problems. INX is led by an experienced and dedicated team of business, finance, and technology veterans with the shared vision of redefining the world of capital markets via blockchain technology and a disciplined regulatory approach. About The INX Digital Company, Inc.: INX is the holding company for the INX Group, which includes regulated trading platforms for digital securities and cryptocurrencies. The INX Group's vision is to be the preferred global regulated hub for digital assets on the blockchain. The INX Group's overall mission is to bring communities together and empower them with financial innovation. Our journey started with our initial public token offering of the INX Token in which we raised US$84 million. The INX Group is shaping the blockchain asset industry through its willingness to work in a regulated environment with oversight from regulators like the SEC and FINRA. In addition to operating two regulated trading platforms for blockchain assets, INX's interdealer broker, I.L.S. Brokers, plans to offer non-deliverable cryptocurrency forwards to Tier-1 banks in the future. For more information, please visit the INX Group website here. About Republic:Headquartered in New York City, Republic is a global financial firm operating an enterprise-focused digital merchant bank and a network of multi-jurisdictional retail-focused investment platforms. Backed by Valor Equity Partners, Galaxy Interactive, Morgan Stanley, Hashed, AngelList and other leading institutions, Republic boasts a portfolio of over 1500 companies and a community of nearly 3M members from over 100 countries. More than $2 billion has been deployed through investment platforms, funds, and firms within the Republic family of companies. Republic has established operations in the US, the UK, the UAE, South Korea, and Singapore. Cautionary Note Regarding Forward-Looking Information and Other DisclosuresThis press release contains statements that constitute "forward-looking information" ("forward-looking information") within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking information and are based on expectations, estimates and projections as at the date of this news release. Any statement that discusses predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information. In disclosing the forward-looking information contained in this press release, INX has made certain assumptions, including with respect to, the continuous development of the INX trading platform, the completion of the transactions described herein, the offering of non-deliverable cryptocurrency forwards, and the development of the digital asset industry. Although INX believes that the expectations reflected in such forward-looking information are reasonable, it can give no assurance that the expectations of any forward-looking information will prove to be correct. Known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information. Such factors include but are not limited to regulatory developments, the state of the digital securities and cryptocurrencies markets, and general economic conditions. Accordingly, readers should not place undue reliance on the forward-looking information contained in this press release. Except as required by law, INX disclaims any intention and assumes no obligation to update or revise any forward-looking information to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking information or otherwise. Neo Exchange is not responsible for the adequacy or accuracy of this press release.This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the U.S. Securities Act or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available. For further information, contact:The INX Digital Company, Inc.Investor Relations+1 855 657 2314Contact: Alan SilbertEmail: investorrelations@inx.co For more information, contact:Liz Whelanliz@lwprconsulting.com(312) 315-0160
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