Fintech PR

New Opportunity for a Shared Future — China-France Industrial Cultural Exchange Week Launched in Beijing E-town

Published

10 months ago

January 31, 2024

new-opportunity-for-a-shared-future-—-china-france-industrial-cultural-exchange-week-launched-in-beijing-e-town

BEIJING, Jan. 31, 2024 /PRNewswire/ — As part of a series of events marking the 60th anniversary of the establishment of diplomatic relations, the Chinese and French sides launched the China–France industrial cultural exchange week in the Beijing Economic-Technological Development Area (BDA), also known as Beijing E-town.

Jean-Pierre Raffarin, the French government’s special representative for China affairs, sent a congratulatory message to event organizers via video link. Describing the event as a key topic of concern to the France–China strategic partnership, he said that 2024 is a critical year and the France–China friendship is an essential component of global governance, so the two sides should work together to maintain cooperation on the basis of mutual respect and joint initiatives.

Zhang Qiang, Secretary of the BDA Working Committee, said that Beijing E-town has reached many milestones in the China–France friendship. Founded in 1992, Beijing E-town welcomed the first Chinese-French joint venture – Beijing Zhongcai Printing Co., Ltd. (BZP) – in 1993, setting the stage for the entry of French capital and businesses in Beijing E-town. The year 1995 saw the enactment of the Regulations of Beijing Economic-Technological Development Area and the establishment of connection with French healthcare company Sanofi. In 1997, Schneider Electric set up its first Beijing facility in Beijing E-town, which has now become the company’s largest plant in the world. Since then, a host of French companies, including Hi-tech Gases (Beijing) Co., Ltd., Air Liquide, Bernard Controls, Sidel, and Faurecia, have extended their presence to Beijing E-town as part of their global expansion strategies. Beijing E-town provides fertile ground for great businesses to thrive, bringing together more than 90,000 enterprises from 62 countries and regions. Foreign-funded enterprises have witnessed and propelled the development of Beijing E-town, in which French-funded enterprises have played a significant role.

At the launch event, nine French-funded enterprises, including Schneider Electric and Sanofi, were awarded the Beijing E-town Development Partner” medal. A total of 16 executives of foreign-funded enterprises operating in Beijing E-town received the “Honorary Resident” medal, including Jean-Pierre Schmitt, Vice President of Global Sales at Faurecia, Andrew Happer, President of HBPO Asia, and Depoorter Nicolas, Vice President of Engineering at Bosch Rexroth China. Andrew Happer commented, “The ‘Development Partner’ and ‘Honorary Resident’ medals represent a strong sense of belonging. Over the last 10 years, HBPO has achieved better-than-expected results thanks to the rapid development of the auto industry in Beijing E-town, and we have benefited a lot from the high-quality development of Beijing E-town’s high-tech industries.”

During the China–France industrial cultural exchange week, a diverse range of events will be held, such as the “Discover the Town of Innovation” – Chinese and French Media Tour in Beijing E-town, and the “Livable Town” – Chinese and French Youth Painting Exhibition. These events are designed to strengthen exchanges and mutual understanding between China and France, tap into the enormous potential and opportunities of cooperation between the two countries in industry, promote the shift to high-quality cooperation, and unlock new opportunities for cooperation.

Since it was founded 32 years ago, Beijing E-town has brought in 157 projects from 102 Fortune 500 companies, home to a total of 1,273 foreign-invested enterprises. In 2024, Beijing E-town will continue to implement the “2+X” policy system for foreign investment, provide innovative services to support the market development and recruitment efforts of foreign-funded enterprises, and promote expedite, streamlined, and optimal service models.

Photo – https://mma.prnewswire.com/media/2330668/Beijing_E_town.jpg

View original content:https://www.prnewswire.co.uk/news-releases/new-opportunity-for-a-shared-future—-china-france-industrial-cultural-exchange-week-launched-in-beijing-e-town-302048701.html

Fintech PR

7th CIIE Successfully Wraps: Highlights by the Numbers

Published

9 hours ago

November 28, 2024

CISION (PR Newswire)

7th-ciie-successfully-wraps:-highlights-by-the-numbers

SHANGHAI, Nov. 28, 2024 /PRNewswire/ — The 7^th China International Import Expo (CIIE) drew to a successful close on November 10th in Shanghai. While many intangible achievements and connections were made, this year’s data shows how the Expo achieved unprecedented success in global participation and business opportunities. Tentative deals totaled USD 80.01 billion, marking a 2 percent increase from the previous year.

Vibrant Participation from around the World

As a crucial platform for global collaboration, the 7^th CIIE invited 77 countries and international organizations from five continents for the Comprehensive Country Exhibition. Participants incorporated unique cultures, national identities, and modern technology into booth designs, with an impressive lineup of over 200 captivating events hosted at the booths. A total of 3,496 companies from 129 countries and regions participated in the Enterprise & Business Exhibition, including 1,585 companies from 104 countries in the Belt and Road Initiative, 1,106 companies from 13 countries in the Regional Comprehensive Economic Partnership, and 132 exhibitors from 35 least developed countries.

Wide Range of Cutting-Edge Innovations and Debuts

Innovative achievements and diverse debuts have consistently been a major highlight from each edition of the expo. At the 7^th CIIE, the Innovation Incubation Special Section showcased 360 innovative projects from 34 countries and regions, supporting the development of small and medium-sized enterprises (SMEs) and startups. In addition, multinational companies introduced 450 new products, services, and technologies, including over 100 global launches, 40 Asia premieres, and over 200 China debuts, unlocking momentum for new drivers of consumer demand.

International Perspectives and Collaborative Dialogues at the HQF

Serving as an important platform for international communication, the Hongqiao International Economic Forum (HQF) becomes a focal point of attention at each edition of the CIIE. Focusing on trending topics, the 7^th HQF attracted over 8,600 registrations and convened more than 300 globally renowned experts and leaders in politics, business, and academia. The 7^th HQF also released the World Openness Report 2024 alongside the World Openness Index, delivering a message of openness and fostering international cooperation.

The 7^th China International Import Expo was undoubtedly a complete success, demonstrating its significant role as a stage for advancing global cooperation. With preparations for the 8^th CIIE actively underway, the expo continues to expand opportunities for global trade and economic cooperation, warmly inviting countries and enterprises from abroad to join!

Visit CIIE official website for more information: https://www.ciie.org/zbh/en/?from=prnewswire

Contact: Ms. Cui Tel.: 0086-21-968888 Email: [email protected]

Photo – https://mma.prnewswire.com/media/2569264/image_5031553_31815944.jpg

Fintech PR

Europi Property Group AB (publ) successfully issues senior unsecured green bonds

Published

9 hours ago

November 28, 2024

CISION (PR Newswire)

STOCKHOLM, Nov. 28, 2024 /PRNewswire/ —

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OR TO ANY PERSON LOCATED OR RESIDENT IN ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL OR WOULD REQUIRE REGISTRATION OR OTHER MEASURES TO DISTRIBUTE THIS ANNOUNCEMENT.

Europi Property Group AB (publ) (“Europi” or the “Company“) has successfully issued senior unsecured green bonds of EUR 50m under a framework of up to EUR 100m and a tenor of three years (the “Green Bonds“). The Green Bonds have a floating interest of 3M Euribor plus 500 basis points per annum. Europi intends to list the Green Bonds on the sustainable bond list of Nasdaq Stockholm within 12 months and Nasdaq Transfer Market within 60 days, with an ambition to have the Green Bonds admitted to trading within 30 days.

An amount corresponding to the net proceeds from the Green Bonds will be used in accordance with the Company’s green finance framework (the “Green Finance Framework“).

Skandinaviska Enskilda Banken AB (publ) and ABG Sundal Collier AB have acted as advisors in relation to the issue of the Green Bonds. Vinge has acted as legal counsel in relation to the issue of the Green Bonds.

More information regarding the Green Finance Framework and Sustainalytics’ second party opinion can be found at https://europi.se/bond-investors/

For further information, please contact:
Jonathan Willén, CEO, [email protected]
+46 (0) 8 411 55 77

About Europi (www.europi.se)
Europi Property Group, founded in 2019, is a pan-European real estate investment company headquartered in Stockholm (with an office also in London) investing discretionary capital across all sectors with a flexible investment strategy. Europi has since inception completed public and private transactions of more than €700m in gross asset value alongside its established network of local operating partners and completed four successful exists. By combining a truly entrepreneurial, active ownership approach with focus on social and environmental sustainability, Europi generates long term value and positive impact for all stakeholders.

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

https://news.cision.com/europi-property-group/r/europi-property-group-ab–publ–successfully-issues-senior-unsecured-green-bonds,c4073222

View original content:https://www.prnewswire.co.uk/news-releases/europi-property-group-ab-publ-successfully-issues-senior-unsecured-green-bonds-302318389.html

Fintech PR

Bybit x Block Scholes Derivatives Report: ETH Outperforms BTC

Published

9 hours ago

November 28, 2024

CISION (PR Newswire)

bybit-x-block-scholes-derivatives-report:-eth-outperforms-btc

DUBAI, UAE, Nov. 28, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, in collaboration with Blocks Scholes, released the latest weekly derivatives analytics report and uncovered signals indicating ETH’s rise above BTC in the past week.

Fueled by news of current U.S. SEC Chair Gary Gensler’s departure at the end of the Biden administration’s term, ETH performance has positively surprised investors. In particular, open interest in ETH perpetual has been on the rise. Several large-cap altcoins also benefited from Gensler’s announcement, anticipating less scrutiny upcoming January.

Key Insights:

ETH outperformed BTC in open interest: Perpetual swap data has seen a gradual decline in BTC open interest while ETH contracts increased. ETH has also been taking a bigger share of daily trading volumes in the past 6-month time frame despite an overall slower market this week. The optimism could be attributed to hopeful investors’ expectation of a more crypto-friendly SEC Chair after Gensler’s last day on Jan. 20, 2025.

BTC price in retreat: BTC price’s ebbing from the $100K mark has flattened the ATM volatility term structure, with short-tenor options dipping below 60%. This mirrors a pattern observed since the U.S. election. Lower realized volatility explains the drop, while open interest in calls and puts remains unchanged, demands for short-term options this week have stagnated.

ETH options – bullish sentiment in moderation: ETH options show slightly more bullish sentiment than BTC options. Markets have recalibrated after the post-election high, but call options remain in the lead in both trading volumes and open interests.

Access the Full Report:

Read the full report in context here.

#Bybit / #TheCryptoArk /#BybitResearch

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.

For more details about Bybit, please visit Bybit Press

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