Michael Kors, Armani watches part of haul seized from S’pore-listed Watches.com subsidiary

SINGAPORE – The recent seizure of some $30,000 worth of watches owned by Singapore-listed Watches.com indirect subsidiary, CKLY Trading Limited (CTL), comprises timepieces from prominent brands Michael Kors and Armani. The 500 watches involved were also reported by the Hong Kong Customs and Excise Department (C&E) to have an estimated market value of HK$600,000 (S$107,400). […]

Watches.com subsidiary has goods seized in Hong Kong; director and staff out on bail

SINGAPORE – An indirect subsidiary of Singapore-listed Watches.com, CKLY Trading Limited (CTL), is under investigation by the Hong Kong Customs and Excise Department (C&E) for alleged offences related to Hong Kong’s Trade Description Ordinance. Under the laws of Hong Kong, the ordinance prohibits false trade descriptions and forged trademarks in respect of goods provided in […]

Pursued progress while ensuring stability and built up momentum, Legend Holdings realized revenue of RMB237,685 million in the first half of 2022

HONG KONG, Aug 31, 2022 – (ACN Newswire via SEAPRWire.com) – Legend Holdings Corporation (stock code: 3396.HK) announced today the unaudited condensed consolidated interim results for the six months ended June 30, 2022 (the “Reporting Period”). During the Reporting Period, the Company’s revenue was RMB237,685 million and the net profit attributable to equity holders of […]

Ching Lee Holdings (3728.HK) earns HK$1.54 billion of total contract values

HONG KONG, Aug 17, 2022 – (ACN Newswire via SEAPRWire.com) – Ching Lee Holdings Limited (“Ching Lee” or “The Group”(1), stock code 3728.HK) signed about ten contracts for construction projects with various property developers at the end of June this year. The accumulated unfinished contract values of approximately HK$1.54 billion marked a historic record of […]

‘No one immune’ in China property amid turmoil, JPMorgan says

HONG KONG (BLOOMBERG) – Chinese developers may report a 30 per cent year-on-year decline in first-half earnings due this month, which will likely weigh on sentiment, according to JPMorgan Chase analysts. “No one is immune” amid the industry turmoil and investors’ concerns about the liquidity of most private developers are set to linger, the analysts […]

Kaixin Auto Holdings Announces New Energy Vehicle Headquarters in Suzhou, Anhui

BEIJING, Aug. 12, 2022 (GLOBE NEWSWIRE via SEAPRWire.com) — Kaixin Auto Holdings (“Kaixin” or the “Company”) (NASDAQ: KXIN) announces today that the Company’s new energy commercial vehicle (the “EV”) headquarters has been put into operations in Suzhou City, Anhui Province. Kaixin’s EV business department has settled down in Suzhou and quickly entered into operations. The […]

Futu to Report Second Quarter 2022 Financial Results on August 30, 2022

HONG KONG, Aug. 12, 2022 (GLOBE NEWSWIRE via SEAPRWire.com) — Futu Holdings Limited (“Futu” or the “Company”) (Nasdaq: FUTU), a leading tech-driven online brokerage and wealth management platform, today announced that it will report its financial results for the second quarter ended June 30, 2022, before U.S. markets open on August 30, 2022. Futu’s management […]

LexinFintech Holdings Ltd. to Report Second Quarter 2022 Unaudited Financial Results on August 16, 2022 

SHENZHEN, China, Aug. 10, 2022 (GLOBE NEWSWIRE via SEAPRWire.com) — LexinFintech Holdings Ltd. (“Lexin” or the “Company”) (NASDAQ: LX), a leading online and offline consumption platform and a technology-driven service provider in China, today announced that it will report its unaudited financial results for the second quarter ended June 30, 2022 on Tuesday, August 16, 2022. The Company’s management […]

Kaixin Auto Holdings Announces Board Diversity Matrix as of August 1, 2022

BEIJING, Aug. 01, 2022 (GLOBE NEWSWIRE via SEAPRWire.com) — Kaixin Auto Holdings (“Kaixin” or the “Company”) (NASDAQ: KXIN) today announced the board diversity matrix, disclosing the gender and demographic backgrounds of the board of Kaixin as self-identified by its members as of August 1, 2022. The following matrix sets forth the gender and demographic backgrounds […]

Singapore NASDAQ Listed Precision Cleaning Systems Manufacturer And A Provider of Centralized Dishwashing And Ancillary Services, JE Cleantech Holdings Rings Closing Bell

SINGAPORE, Aug 1, 2022 – (ACN Newswire via SEAPRWire.com) – JE Cleantech Holdings Limited (Nasdaq: JCSE), (the “Company”), Singapore’s leading manufacturer of precision cleaning systems and a provider of centralized dishwashing and ancillary services, recently rang the closing bell of the NASDAQ stock exchange. JE Cleantech Holdings Limited rings NASDAQ Closing Bell Elise Hong, CEO […]

Kaixin Auto Holdings Announced Launch of First New Energy Vehicle Brand

BEIJING, July 29, 2022 (GLOBE NEWSWIRE via SEAPRWire.com) — Kaixin Auto Holdings (“Kaixin” or the “Company”) (NASDAQ: KXIN) announces today that it held the launch ceremony of the “TECROLL” brand in Beijing on July 28, 2022, which is the first model of new energy commercial vehicles released by Kaixin. A delivery ceremony was held at […]

Futu Announces Investment Grade Rating Reaffirmed by S&P Global Ratings

HONG KONG, July 28, 2022 (GLOBE NEWSWIRE via SEAPRWire.com) — Futu Holdings Limited (“Futu” or the “Company”) (Nasdaq: FUTU), a leading tech-driven online brokerage and wealth management platform, today announced that S&P Global Ratings (“S&P”) reaffirmed the Company’s long-term issuer credit rating at “BBB-” and maintained stable outlook on the long-term rating. According to S&P, Futu […]

Incredible Holdings responds to Sias criticism, says it has engaged with investor lobby group

SINGAPORE (THE BUSINESS TIMES) – The board of directors of Catalist-listed Incredible Holdings on Thursday (July 21) responded to criticism from the Securities Investors Association (Singapore) (Sias). In a bourse filing, the company said it wished to address certain “insinuations” made against it by Sias in a commentary written by Sias chief executive David Gerald. […]

UTStarcom Regains NASDAQ Listing Compliance

HANGZHOU, China, July 15, 2022 (GLOBE NEWSWIRE via SEAPRWire.com) — UTStarcom (“UT” or the “Company”) (NASDAQ: UTSI), a global telecommunications infrastructure provider, today announced the Company received a formal notice from NASDAQ that it has regained compliance with Listing Rule 5450(a)(1) as a result of the closing bid price of the Company’s common stock has […]

JE Cleantech Secures More Than US$700,000 in New Orders During the First Half of 2022, Expands Capabilities into Tech Hardware

SINGAPORE, Jul 14, 2022 – (ACN Newswire via SEAPRWire.com) – JE Cleantech Holdings Limited (Nasdaq: JCSE), (the “Company”), a Cayman Islands company whose group operations are based in Singapore, today announced the receipt of a new order by its subsidiary, JCS-Echigo Pte Ltd, from a major customer in Singapore. Under this new order, the group […]

Kaixin Auto Holdings Announces Changes to Board Member

BEIJING, July 05, 2022 (GLOBE NEWSWIRE via SEAPRWire.com) — Kaixin Auto Holdings (“Kaixin” or the “Company”) (NASDAQ: KXIN) today announced that Mr. James Jian Liu resigned from Kaixin’s board of directors (the “Board”), with effect from June 30, 2022, for personal reasons. Mrs. Lucy Yi Yang, chief financial officer of the Company, has been appointed […]

EQS-News: Hong Kong Ferry and Eastern District to host Sea and Street Parade Launching Ceremony

EQS-News / 04/07/2022 / 10:12 UTC+8 Hong Kong Ferry and Eastern District to host Sea and Street Parade Launching Ceremony (4 July 2022, Hong Kong) –  Hong Kong Ferry (Holdings) Company Limited (“Hong Kong Ferry” or the “Company”, which together with its subsidiaries, is referred to as the “Group”; SEHK stock code: 0050) collaborated with Home Affairs Department […]