Connect with us
MARE BALTICUM Gaming & TECH Summit 2024

Fintech PR

FIII HONG KONG INVESTOR SUMMIT 7/8 DECEMBER BRINGS LEADERS TOGETHER TO ADDRESS HUMANITY’S BIGGEST CHALLENGES

Published

on

fiii-hong-kong-investor-summit-7/8-december-brings-leaders-together-to-address-humanity’s-biggest-challenges

RIYADH, Saudi Arabia, Dec. 7, 2023 /PRNewswire/ — The Future Investment Initiative PRIORITY Summit Hong Kong today convenes global investors, innovators and policymakers to tackle technology, climate, and economy threats.

 

 

Investors and leaders from across Asia have gathered in Hong Kong with counterparts from around the world at an international summit to address global challenges, and the mobilisation of investment as a force for good.

His Excellency Yasir Al-Rumayyan, Governor of the Public Investment Fund of Saudi Arabia and Chairman of the Future Investment Initiative (FII) Institute introduced the inaugural Asia FII PRIORITY summit. 

HE Khalid A. Al-Falih, Saudi Arabia’s Minister of Investment also attended the summit and participated in a panel discussion in which he observed that the Global South is turbocharging the global economy, driven by demographics and economic growth.

John Lee, Chief Executive, Hong Kong Special Administrative Region, welcomed the FII Institute to Hong Kong in the presence of Paul Chan, Financial Secretary, and Laura M Cha, Chairman of Hong Kong Exchanges and Clearing Limited (HKEX).  John Lee delivered a special address to delegates in which he highlighted Hong Kong’s role as a ‘super value adder’ for economies, cultures, and peoples from east and west, made possible by the unique ‘one country, two systems’ principle.

The summit, held in partnership with Hong Kong Exchanges and Clearing Limited (HKEX), is taking place at HKEX Connect Hall today, Thursday 7 December and tomorrow, Friday 8 December 2023.

Nicolas Aguzin, CEO, HKEX noted the dramatic changes to the geopolitical landscape, with power shifting eastwards, and the rising importance of local exchanges and imperative for continuous innovation in financial markets. 

During the set piece ‘board of changemakers’ panel, Richard Li, Chairman, Pacific Century Group observed how digitalisation is democratizing financial services, enabling even those with incomes of all levels to access tailored financial products.

A traditional gong striking ceremony signaled the historic moment the markets opened in the presence of HKEX Chairman, Laura M. Cha, Hong Kong Chief Executive, John Lee, and Hong Kong Financial Secretary Paul Chan alongside FII Institute’s Chairman HE Yasir Al-Rumayyan and CEO Richard Attias, witnessed by over 1,000 summit attendees and audiences the world over.

The summit, held under the theme ‘Megatrends Shaping Humanity’ is addressing the implications of the rise of Asia as a technological, economic and geopolitical power; advances of AI, and the profound changes to life as we know it; as well as increasing calls for humanity and empathy as anchors to economy and society in a fractured and uncertain world.

Nicholas Ho, Commissioner for Belt & Road, The Government of the Hong Kong Special Administrative Region described Hong Kong as a “true global hub” and outlined his vision to strengthen Hong Kong as the regional headquarter for MENA region business.

Laura M. Cha pointed out that of the top 15 sovereign wealth funds, five are in Asia and six in the Middle East.  China has untapped capital in terms of personal saving of 30 trillion USD and the Middle East has similar potential because of the rise of Saudi and other GCC countries. “It’s going to be an amazing connection that has been underdeveloped in the past; now it is the time for two-way traffic in terms of capital and commerce.” she said.

The FII Institute carries out ongoing research to identify the issues that matters to citizens worldwide.  This year’s polling sampled 50,000 people from 23 countries to identify humanity’s priorities. The findings are then used to shape FII’s policy agenda and programme of summits.  For example, this year’s research has revealed a dramatic global drop of 20% in satisfaction levels, and discontent across a range of issues, including cost of living, loneliness, technology, and climate concerns.

On the rise and regulation of AI Eric Pulier, Founder & CEO, Vatom Corporation describe how AI models must be trained using locally relevant datasets that preserve local heritage if the AI future is to be universally human-centric.

Solina Chau, Co-founder, Horizons Ventures discussed the importance of curious minds and counterfactual thinking to avoid biases and bad policies in an ever-changing world.  She also addressed the low number of women in finance and the need to continue to strive for equality and support each other.

At the summit BOC International signed a strategic cooperation agreement with SPIC International Finance (Hong Kong) Company Ltd. to further strengthen cooperation in green finance, bond investment and issuance, and international capital operations.  This agreement was witnessed by Mr. Paul Chan, Financial Secretary of Hong Kong SAR, as the FII Institute continues to convene global entities at summits around the world to drive positive action on issues such as sustainability.

The FII institute showcased two Hong Kong-based grassroots initiatives focused on sustainability and local ecosystem. Redress is an environmental organization aiming to accelerate the change to a circular fashion industry.  Farm the City builds and manages urban farms to transform underutilized areas to create sources of nutritious and organic food.

The FII PRIORITY Summit Hong Kong continues conversations held in Riyadh last month.  It is part of an ongoing global programme of summits, to be held next in Miami (February), London (April), and Brazil (June).

Richard Attias, CEO of the Future Investment Initiative Institute said:

“Megatrends are reshaping our existence. The advancements in AI, automation, and blockchain are opening doors to futures we have yet to imagine.  With the world changing and Asia in the driving seat we are discussing the global issues that matter to the 8 billion people who live on this planet, and focusing investor attention for policy action.”

About FII Institute

The Future Investment Initiative (FII) Institute is a global non-profit foundation driven by data with an investment arm and one agenda: Impact on Humanity. Global and inclusive, we foster great minds from around the world and turn ideas into real-world solutions in four critical areas: Artificial Intelligence (AI) & Robotics, Education, Healthcare and Sustainability.

Photo – https://mma.prnewswire.com/media/2296103/FIII_Hong_Kong_Investor_Summit.jpg
Logo – https://mma.prnewswire.com/media/1811613/4445856/FII_Institute_Logo.jpg

 

FII Institute Logo

 

Cision View original content:https://www.prnewswire.co.uk/news-releases/fiii-hong-kong-investor-summit-78-december-brings-leaders-together-to-address-humanitys-biggest-challenges-302009576.html

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Fintech PR

Invitation to presentation of EQT AB’s Q1 Announcement 2024

Published

on

invitation-to-presentation-of-eqt-ab’s-q1-announcement-2024

STOCKHOLM, April 5, 2024 /PRNewswire/ — EQT AB’s Q1 Announcement 2024 will be published on Thursday 18 April 2024 at approximately 07:30 CEST. EQT will host a conference call at 08:30 CEST to present the report, followed by a Q&A session.

The presentation and a video link for the webcast will be available here from the time of the publication of the Q1 Announcement.

To participate by phone and ask questions during the Q&A, please register here in advance. Upon registration, you will receive your personal dial-in details.

The webcast can be followed live here and a recording will be available afterwards.

Information on EQT AB’s financial reporting

The EQT AB Group has a long-term business model founded on a promise to its fund investors to invest capital, drive value creation and create consistent attractive returns over a 5 to 10-year horizon. The Group’s financial model is primarily affected by the size of its fee-generating assets under management, the performance of the EQT funds and its ability to recruit and retain top talent.

The Group operates in a market driven by long-term trends and thus believes quarterly financial statements are less relevant for investors. However, in order to provide the market with relevant and suitable information about the Group’s development, EQT publishes quarterly announcements with key operating numbers that are relevant for the business performance (taking Nasdaq’s guidance note for preparing interim management statements into consideration). In addition, a half-year report and a year-end report including financial statements and further information relevant for investors is published. Finally, EQT also publishes an annual report including sustainability reporting.

Contact
Olof Svensson, Head of Shareholder Relations, +46 72 989 09 15
EQT Shareholder Relations, [email protected]

Rickard Buch, Head of Corporate Communications, +46 72 989 09 11
EQT Press Office, [email protected], +46 8 506 55 334

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/eqt/r/invitation-to-presentation-of-eqt-ab-s-q1-announcement-2024,c3956826

The following files are available for download:

https://mb.cision.com/Main/87/3956826/2712771.pdf

Invitation to presentation of EQT AB’s Q1 Announcement 2024

https://news.cision.com/eqt/i/eqt-ab-group,c3285895

EQT AB Group

 

View original content:https://www.prnewswire.co.uk/news-releases/invitation-to-presentation-of-eqt-abs-q1-announcement-2024-302109147.html

Continue Reading

Fintech PR

Kia presents roadmap to lead global electrification era through EVs, HEVs and PBVs

Published

on

kia-presents-roadmap-to-lead-global-electrification-era-through-evs,-hevs-and-pbvs
  • Kia drives forward transformation into ‘Sustainable Mobility Solutions Provider’
  • Roadmap enables Kia to proactively respond to uncertainties in mobility industry landscape, including changes in EV market
  • Company to expand EV line-up with more models; enhance HEV line-up to manage fluctuation in EV demand
    • Goal to sell 1.6 million EVs annually in 2030, introducing 15 models
    • PBV to play a key role in Kia’s growth, targeting 250,000 PBV sales annually by 2030 with PV5 and PV7 models
  • Kia to invest KRW 38 trillion by 2028, including KRW 15 trillion for future business
  • 2024 business guidance : KRW 101 tln in revenue with KRW 12 tln in operating profit; operating profit margin of 11.9% on sales of 3.2 million units globally
  • CEO reaffirms Kia’s commitment to ESG management

SEOUL, South Korea, April 5, 2024 /PRNewswire/ — Kia Corporation (Kia) today shared an update on its future strategies and financial targets at its CEO Investor Day in Seoul, Korea.

Based on its innovative achievements in the years since the announcement of mid-to-long-term business initiatives, Kia is focusing on updating its 2030 strategy announced last year and further strengthening its business strategy in response to uncertainties across the global mobility industry landscape.

During the event, Kia updated its mid-to-long-term business strategy with a focus on electrification, and its PBV business. Kia reiterated its 2030 annual sales target of 4.3 million units, including 1.6 million units of electric vehicles (EVs). The 2030 4.3 million annual sales target is 34.4 percent higher than the brand’s 2024 annual goal of 3.2 million units.

The company also plans to become a leading EV brand by selling a higher percentage of electrified models among its total sales, including hybrid electric vehicles (HEV), plug-in hybrid (PHEV), and battery EVs, projecting electrified model sales of 2.48 million units annually or 58 percent of Kia’s total sales in 2030.

“Following our successful brand relaunch in 2021, Kia is enhancing its global business strategy to further the establishment of an innovative EV line-up and accelerate the company’s transition to a sustainable mobility solutions provider,” said Ho Sung Song, President and CEO of Kia. “By responding effectively to changes in the mobility market and efficiently implementing mid-to-long-term strategies, Kia is strengthening its brand commitment to the wellbeing of customers, communities, the global society, and the environment.”

Photo – https://mma.prnewswire.com/media/2380039/Photo_1__2024_CEO_Investor_Day.jpg
PDF – https://mma.prnewswire.com/media/2380040/Press_Release__2024_Kia_CEO_Investor_Day_240405.pdf

Cision View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/kia-presents-roadmap-to-lead-global-electrification-era-through-evs-hevs-and-pbvs-302109142.html

Continue Reading

Fintech PR

BioVaxys Technology Corp. Provides Bi-Weekly MCTO Status Update

Published

on

biovaxys-technology-corp.-provides-bi-weekly-mcto-status-update

VANCOUVER, BC, April 4, 2024 /PRNewswire/ — BioVaxys Technology Corp. (CSE: BIOV) (FRA: 5LB) (OTCQB: BVAXF) (the “Company“) is providing this bi-weekly update on the status of the management cease trade order granted on February 29, 2024 (the “MCTO“), by its principal regulator, the Ontario Securities Commission (the “OSC“), under National Policy 12-203 – Management Cease Trade Orders (“NP 12-203“), following the Company’s announcement on February 21, 2024 (the “Default Announcement“), that it was unable to file its audited annual financial statements for the year ended October 31, 2023, its management’s discussion and analysis of financial statements for the year ended October 31, 2023, its annual information form for the year ended October 31, 2023, and related filings (collectively, the “Required Annual Filings“). Under National Instrument 51-102, the Required Annual Filings were required to be made no later than February 28, 2024.

As a result of the delay in filing the Required Annual Filings, the Company was unable to file its interim financial statements for the three months ended January 31, 2024, its management’s discussion and analysis of financial statements for the three months ended January 31, 2024, and related filings (collectively, the “Required Interim Filings“). Under National Instrument 51-102, the Required Interim Filings were required to be made no later than April 1, 2024.

The Company anticipates filing the Required Annual Filings by April 30, 2024. The auditor of the Company requires additional time to complete its audit of the Company, including the Company’s recent acquisition of all intellectual property, immunotherapeutics platform technologies, and clinical stage assets of the former IMV Inc. that closed on February 16, 2024. In addition, the Company anticipates filing the Required Interim Filings immediately after the filing of the Required Annual Filings.

Except as herein disclosed, there are no material changes to the information contained in the Default Announcement. In addition, (i) the Company is satisfying and confirms that it intends to continue to satisfy the provisions of the alternative information guidelines under NP 12-203 and issue bi-weekly default status reports for so long as the delay in filing the Required Annual Filings and/or Required Interim Filings is continuing, each of which will be issued in the form of a press release; (ii) the Company does not have any information at this time regarding any anticipated specified default subsequent to the default in filing the Required Annual Filings and Required Interim Filings; (iii) the Company is not subject to any insolvency proceedings; and (iv) there is no material information concerning the affairs of the Company that has not been generally disclosed.

About BioVaxys Technology Corp.

BioVaxys Technology Corp. (www.biovaxys.com), a biopharmaceuticals company registered in British Columbia, Canada, is a clinical-stage biopharmaceutical company dedicated to improving patient lives with novel immunotherapies based on the DPX™ immune-educating technology platform and it’s HapTenix© ‘neoantigen’ tumor cell construct platform, for treating cancers, infectious disease, antigen desensitization, and other immunological fields. The Company’s clinical stage pipeline includes maveropepimut-S which is in Phase II clinical development for advanced Relapsed-Refractory Diffuse Large B Cell Lymphoma (DLBCL) and platinum resistant ovarian cancer, and BVX-0918, a personalized immunotherapeutic vaccine using it proprietary HapTenix© ‘neoantigen’ tumor cell construct platform which is soon to enter Phase I in Spain for treating refractive late-stage ovarian cancer. The Company is also capitalizing on its tumor immunology know-how and creation of a unique library of T-lymphocytes & other datasets post-vaccination with its personalized immunotherapeutic vaccines to utilize predictive algorithms and other technologies to identify new targetable tumor antigens. BioVaxys common shares are listed on the CSE under the stock symbol “BIOV” and trade on the Frankfurt Bourse (FRA: 5LB) and in the US (OTCQB: BVAXF). For more information, visit www.biovaxys.com and connect with us on X and LinkedIn.

ON BEHALF OF THE BOARD

Signed “James Passin
James Passin, Chief Executive Officer
Phone: +1 646 452 7054

Logo – https://mma.prnewswire.com/media/1430981/BIOVAXYS_Logo.jpg

Cision View original content:https://www.prnewswire.co.uk/news-releases/biovaxys-technology-corp-provides-bi-weekly-mcto-status-update-302108920.html

Continue Reading

Trending