Fintech PR
WFM Asia Announces Brand Evolution, Bolstering its Commitment to Delivering Investment Excellence in Asia Pacific
Continues to be a trusted partner for both global institutional investors as well as publicly listed and private companies in Asian markets
HONG KONG, Nov. 4, 2024 /PRNewswire/ — Hong Kong founded independent investment firm WFM Asia announced today that it has completed a brand evolution from Ward Ferry Management. The firm’s long-term commitment to investing in Asian markets, disciplined and focused investment strategy, and well-established team remain unchanged.
The refreshed branding reflects WFM Asia’s continued focus on investing in small and mid-cap companies across Asia Pacific and points to the regional expertise of its current generation of leadership, Vineet Mitera and Daphne Chester, who have been leading the company for the past seven years. Vineet has been with the firm since 2005, and Daphne joined in 2013.
WFM Asia manages long-only equity funds with over US$3 billion in assets under management as of end September 2024. Vineet has been solely responsible for managing these funds since mid-2014. For nearly 25 years, the firm has helped institutional clients from all over the world secure exposure to Asian markets through some of the leading publicly listed and private companies in Asia Pacific.
As a trusted partner for global investors seeking exposure to Asia’s dynamic markets, WFM Asia’s unique position in the investment landscape is reinforced by its extensive local networks in underpenetrated markets, primary research activities on the ground, and commitment to long-term value creation through a focused investment strategy. The firm has been a strong, long-term partner to the management teams of public and private companies it invests in. WFM Asia’s future-focused growth will be enabled through ongoing expansion of its team based in Hong Kong and Singapore, continued focus on executing its long-standing investment process, and strengthening its established relationships with companies across Asia.
Vineet Mitera, Chief Investment Officer of WFM Asia, commented, “We remain positive about the growth of emerging companies in the region, and we continue to build on our trusted partnerships with our investors and management teams. Our entrepreneurial mindset, market and sector expertise, and regional resources remain aligned to our clear investment philosophy, and we look forward to taking the firm’s growth to the next level for the benefit of our investors and employees.”
Daphne Chester, President of WFM Asia, said, “Our brand evolution builds on our long-standing strong Asia heritage and recognition of our management tenure and investment track record in the region. For nearly 25 years, our firm has taken a private equity approach to public markets investing, finding Asian small and mid-cap companies that have multiplied in value over the long term. As we continue to evolve, we remain committed to our investment approach and to cultivating substantial growth in our chosen investments in Asia Pacific.”
WFM Asia will continue to serve its clients through a global team of 33 people, including 13 experienced investment professionals, located across its offices in Hong Kong, Singapore, and London.
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About WFM Asia
Founded in 2000 as Ward Ferry Management, WFM Asia is a leading independent investment firm based in Hong Kong and Singapore, specializing in long-only public and private equity investments in small and mid-cap companies across Asia. For nearly 25 years, WFM Asia has been a trusted partner to the management teams of the companies it invests in and to institutional investors alike by applying its bottom-up approach to fundamental research and investing its capital for attractive returns over the long term. As of end September 2024, the firm oversees over US$3 billion in assets under management (“AUM”) for global institutional investors.
WFM Asia has offices in Hong Kong, Singapore, and London. WFM Asia’s various group entities are regulated by the United States Securities and Exchange Commission, the Hong Kong Securities and Futures Commission, the Singapore Monetary Authority, the United Kingdom Financial Conduct Authority, and the British Virgin Islands Financial Services Commission. Additional information is available on www.wfmasia.com.
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View original content:https://www.prnewswire.co.uk/news-releases/wfm-asia-announces-brand-evolution-bolstering-its-commitment-to-delivering-investment-excellence-in-asia-pacific-302293028.html
TAIPEI, Dec. 26, 2024 /PRNewswire/ — VIVOTEK (3454-TW), the global leading security solution provider, has once again demonstrated its outstanding commitment to sustainability. Participating for the first time in the 17th Taiwan Corporate Sustainability Awards (TCSA), VIVOTEK emerged victorious, earning the Sustainability Report Award for the Information, Communication, and Broadcasting Industry and the Taiwan Corporate Sustainability Excellence Award. These recognitions showcase VIVOTEK’s remarkable success in corporate governance, environmental protection, and social responsibility, affirming its dedication to sustainable growth.
Pioneering Sustainability with Dual Recognition
“For over seven years, VIVOTEK has independently published sustainability reports, actively driving and disclosing our internal sustainability initiatives.” said Allen Hsieh, VIVOTEK’s Spokesperson and Director of the Global Marketing Division. “These awards not only recognize our integrity and efforts in presenting operational performance, environmental data, and social impact but also serve as a strong motivation for us to continue advancing on the path of sustainable development.”
Driving Sustainability through AI Innovation
VIVOTEK delivers advanced AI-powered security solutions built on cutting-edge AI and edge computing technologies. Beyond innovation, the company drives green initiatives, reduces its carbon footprint, and fosters a sustainable, supportive workplace.
Committed to social responsibility, VIVOTEK leads the security industry’s sustainability efforts through its ‘Safety Map’ initiative. For four years, employees have formed security teams to enhance safety in neighborhoods, care centers, and schools with on-site assessments and improvement plans.
In 2024, VIVOTEK will expand its efforts to Hualien’s Dacheng Village, where it will help improve local safety environments and support cultural preservation and tourism revitalization. These actions reflect its dedication to sustainability, community well-being, and lasting societal contributions.
Security Sustainability as a Foundation for Social Impact
VIVOTEK proudly received two prestigious honors at the Taiwan Corporate Sustainability Awards, highlighting its dedication to sustainable practices. These accolades inspire the company to deepen its internal efforts and mark the start of an exciting new chapter.
Building on this achievement, VIVOTEK aims to strengthen its mission of becoming the world’s most trusted smart security brand. By aligning with global market needs and fostering collaboration with customers, partners, and employees, VIVOTEK is committed to shaping a sustainable future founded on mutual trust and shared success.
To learn more about VIVOTEK’s sustainability initiatives, please refer to the 2023 Sustainability Report.
View original content:https://www.prnewswire.co.uk/news-releases/vivotek-wins-double-honors-for-its-commitment-to-sustainability-302339223.html
Fintech PR
2024 Global Youth Design Contest on Chinese Characters Themed “Guiyang in Characters” Successfully Concluded
GUIYANG, China, Dec. 26, 2024 /PRNewswire/ — To fully implement the spirit of “carrying forward China’s cultural heritage” and “promoting the creative transformation and innovative development of fine traditional Chinese culture”, the 2024 Global Youth Design Contest on Chinese Characters Themed “Guiyang in Characters”, organized by the Publicity Department of the CPC Guiyang Municipal Committee and hosted by www.huanqiu.com, has successfully concluded on Dec.16. The contest drew thousands of teenagers from both China and abroad, who used cultural empowerment and innovative designs of Chinese characters to narrate and promote Guiyang.
At the “Colorful Guizhou • Literary Plateau” Farming and Reading Event, 59 outstanding works from 26 countries, along with 21 representative pieces from various countries and regions, were showcased. According to the organizing committee of the Global Youth Design Contest on Chinese Characters, “This exhibition serves as both a lasting commemoration of the event and a report to all those who care about the inheritance and promotion of Guiyang and Chinese culture.”
In their submissions, the teenagers selected Chinese characters or phrases they believed best represented Guiyang and reimagined them through innovative designs. Outstanding designs incorporated Guiyang’s iconic architecture and cultural landmarks into Chinese characters to present the city’s urban landscape and historical culture. Some works spotlighted Guiyang’s distinctive cuisine, offering a glimpse into the vibrant and diverse local culinary culture. Some other designs drew inspiration from martial arts villages in Guizhou and featured dragon motifs to symbolize the depth and vitality of Guizhou culture.
Saison from Tajikistan was among the participants in this year’s Global Youth Design Contest on Chinese Characters. Speaking about his design of the Chinese characters, he shared that his design sought to merge the beauty of Chinese characters with the charm of Guiyang. “Guiyang is a captivating place, known for its beautiful scenery, delicious food, and diverse ethnic minorities. I tried to incorporate the beauty of Guiyang into my Chinese character design, hoping to convey the city’s charm and the wonders of Chinese characters through my work.”
The contest officially opened for submissions on September 30. In an effort to boost public engagement and participation, a “cheerleading campaign” was organized for shortlisted works from November 22 to 29. Following expert reviews, 80 outstanding works were ultimately selected for public exhibition.
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View original content:https://www.prnewswire.co.uk/news-releases/2024-global-youth-design-contest-on-chinese-characters-themed-guiyang-in-characters-successfully-concluded-302339323.html
Fintech PR
Markets Show Resilience Ahead of End-of-Year Options Expirations: Bybit x Block Scholes Crypto Derivatives Report
DUBAI, UAE, Dec. 26, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, released the latest Crypto Derivatives Analytics Report in collaboration with Block Scholes, highlighting the muted market volatility despite major options expirations on Friday. BTC and ETH’s realized volatility has increased, but short-term options haven’t adjusted to this change. This indicates that while spot prices are fluctuating, the options market is not fully reacting to these shifts, although BTC and ETH volumes have displayed slightly different patterns.
With more than $525 million in BTC and ETH options contracts expiring on Dec 27, 2024’s end-of-year options expiration looks set to be one of the biggest yet, yet expectations for volatility have remained subdued. The report highlights an unusual inversion in ETH’s volatility structure, but BTC has not mirrored the reaction. Additionally, a change in funding rates—sometimes turning negative as spot prices drop—signals a new market phase. Notably, BTC’s volatility structure has been less responsive to changes in spot prices, whereas ETH’s short-term options are exhibiting more noticeable fluctuations.
Key Findings:
BTC Options Expirations:
In the past month, BTC’s realized volatility has been higher than implied volatility on three occasions, each time reaching a relatively calm equilibrium. Open interest in BTC options remains high, contributing to potential increased volatility as we near the end of the year. Around $360 million worth of BTC options (both puts and calls) are set to expire soon, which can affect price movement.
ETH Options: Calls Dominate
Despite a mid-week inversion, ETH’s volatility term structure has flattened, maintaining levels similar to those seen over the past month. In the final week of 2024, calls overwhelmed puts in open interest in ETH options, although market movements and trading activities are more on the put side.
Access the Full Report:
Gain deeper insights and explore the potential impacts on your crypto trading strategies by downloading the full report here: Bybit X Block Scholes Crypto Derivatives Analytics Report (Dec 24, 2024)
#Bybit / #BybitResearch
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
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View original content:https://www.prnewswire.co.uk/news-releases/markets-show-resilience-ahead-of-end-of-year-options-expirations-bybit-x-block-scholes-crypto-derivatives-report-302339299.html
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