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135th Canton Fair Launches a Showcase of Innovative Products of New Collection to Lead Global Market Trends
GUANGZHOU, China, April 15, 2024 /PRNewswire/ — On April 15th, the 135th China Import and Export Fair (“Canton Fair” or “the Fair) is set to kick off, to introduce a series of new product launches that will present innovative technologies, high-end quality, and cutting-edge designs from various industries to global buyers until May 5th. This initiative aims to propel China’s benchmark companies and products in fields such as Electronics & Appliance, Manufacturing, Light and Electrical, and Hardware & Tools onto the world stage.
The Canton Fair’s New Collection event is spotlighting ten major themes through its official website https://goo.su/LhdKCHQ, as well as its social media platforms Facebook (@Canton Fair).
Among the standout exhibits in Electronics & Appliance is One Click (Beijing) Technology Co., Ltd.’s Window Cleaner Robot T10. This robot features cross-spraying technology for wider cleaning coverage per spray and intelligent path planning for a cleaning efficiency of up to 99.2%. Equipped with a large 120ml water tank, it can clean areas up to 60 square meters on a single fill—ideal for large windows—with added safety and convenience features such as smart power-off protection, multilingual voice prompts, remote control functionalities through an app or remote controller. Where more information can be checked by https://goo.su/Hnbea.
Shen Zhen Sky Dragon Audio-Video Technology Co.,Ltd. introduces its ultra-thin design Dolby Atmos TV Sound Bar, 2.1CH TV Sound Bar Subwoofer, that delivers precise highs and lows for an immersive audio experience by accurately reproducing sounds like thunder and drums from real scenes. It supports multiple connection to cellphone, computer, or television through methods including Bluetooth, AUX input, optical fiber input catering to diverse user needs. Visit https://goo.su/LsApl9Y for more information.
In the Manufacturing sector shines Shimge Pump Industry (Zhejiang) Co.,Ltd.’s CA intelligent permanent magnet variable frequency booster pump, which meets IE5 motor efficiency standards using ROHS compliant materials for water contact parts ensuring constant pressure control alongside energy efficiency. Its built-in soundproof cover along with rubber shock absorbers ensures quiet operation at noise levels as low as 47dB. Where buyers can learn more from https://goo.su/6roHH.
Anticipate the grand opening of the 135th Canton Fair, where an array of new products from different industries awaits. For the most recent updates and information, we invite you to register at https://invitation.cantonfair.org.cn/BuyerUser/RegisterUser?MediaType=16.
Photo – https://mma.prnewswire.com/media/2386646/image.jpg
View original content:https://www.prnewswire.co.uk/news-releases/135th-canton-fair-launches-a-showcase-of-innovative-products-of-new-collection-to-lead-global-market-trends-302116364.html
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Novo Holdings commits DKK 1.4 billion (€188 million) to build a quantum technology start-up ecosystem
COPENHAGEN, Denmark, May 1, 2024 /PRNewswire/ — With Denmark as the centre of gravity, the ambition is to invest in, support and advance some of the world’s most promising quantum technology companies with applications in the life sciences.
The quantum industry, which develops novel technologies such as quantum computers or quantum sensing based on quantum physics, holds the potential to dramatically impact a number of industries, and in particular the life sciences. Quantum technologies are currently on a steep development trajectory, especially in the Nordics.
With the current momentum in Denmark, there is potential to establish a global innovation hub for quantum technology. To achieve this, a vibrant seed and venture capital investment ecosystem is essential – and that is exactly what Novo Holdings aims to accomplish.
Søren Møller, Managing Partner, Seed Investments, Novo Holdings, said:
“Quantum technology is a disruptive and transformative field that can revolutionise various sectors and address global challenges. Combining Novo Holdings’ longstanding experience in developing the life sciences ecosystem in the Nordics with the quantum activities and commitment from the Novo Nordisk Foundation provides a very powerful platform for building quantum startups. Our ultimate goal is to create, grow and develop strong quantum technology companies in the Nordics.”
Organisationally, Quantum Investments will be anchored with Seed Investments, where a new dedicated sub-team will be established.
The Quantum Investments team will focus on quantum computing, sensing, and algorithms – all areas that have relevant applications within healthcare, and a significant applicability within the broader life sciences sector. Geographically, Denmark has been identified as a promising quantum technology hub, building on a strong momentum and a heritage dating back to Niels Bohr. However, the investment mandate is global, so although Denmark will be the centre of gravity, Novo Holdings will potentially also invest beyond the Nordics.
The power of partnerships
Establishing a quantum technology hub in Denmark aligns with a number of recent initiatives by the Novo Nordisk Foundation, most notably the establishment of the Novo Nordisk Foundation Quantum Computing Programme (NQCP) that aims to establish one of the world’s first fully functional and generally applicable quantum computers and The Quantum Foundry, a limited liability company fully owned by the Novo Nordisk Foundation with the purpose of developing quantum materials and quantum chips as well as the associated fabrication tools.
Lene Oddershede, Senior Vice President, Natural & Technical Sciences, Novo Nordisk Foundation, said:
“There is a substantial demand for investments in the quantum space to harvest the potential of the emerging quantum technologies. A strong quantum ecosystem based on knowledge, networks comprised by all relevant partners, and with sufficient capital is instrumental to guarantee the further development and commercialisation of quantum research enabled by the Novo Nordisk Foundation, the Danish state, and the BioInnovation Institute’s (BII) Deep Tech Lab – Quantum. We foresee significant developments in this area, both imminently and over a longer horizon. Success, however, hinges on our ability to fully leverage the potential of the quantum technologies by realising the full value chain and establishing robust partnerships.”
The potential to develop and form new partnerships is part of the rationale for choosing Denmark as the anchor point for a quantum technology hub,given the country’s track record of successful public-private partnerships.
The Danish government has committed DKK 1.2 bn (€160 million) to quantum technology research. This, combined with the grants from the Novo Nordisk Foundation and other contributors, make Denmark’s per capita investments in quantum technology the highest in the world today.
Deep Tech Lab – Quantum is likely to become another key partner. Operated by BioInnovation Institute (BII), it is Denmark’s official NATO DIANA accelerator site. Together with the Niels Bohr Institute at the University of Copenhagen, the Technical University of Denmark, Aarhus University, and the Danish National Metrology Institute, the purpose is to leverage Denmark’s world-leading research in quantum technology.
About Novo Holdings A/S
Novo Holdings is a holding and investment company that is responsible for managing the assets and the wealth of the Novo Nordisk Foundation. The purpose of Novo Holdings is to improve people’s health and the sustainability of society and the planet by generating attractive long-term returns on the assets of the Novo Nordisk Foundation. Wholly owned by the Novo Nordisk Foundation, Novo Holdings is the controlling shareholder of Novo Nordisk A/S and Novonesis A/S (Novozymes A/S) and manages an investment portfolio with a long-term return perspective. In addition to managing a broad portfolio of equities, bonds, real estate, infrastructure and private equity assets, Novo Holdings is a world-leading life sciences investor. Through its Seeds, Venture, Growth, Asia, Bioindustrial and Principal Investments teams, Novo Holdings invests in life science companies at all stages of development. As of year-end 2023, Novo Holdings had total assets of EUR 149 billion. www.novoholdings.dk
About the Novo Nordisk Foundation
Established in Denmark in 1924, the Novo Nordisk Foundation is an enterprise foundation with philanthropic objectives. The vision of the Foundation is to improve people’s health and the sustainability of society and the planet. The Foundation’s mission is to progress research and innovation in the prevention and treatment of cardiometabolic and infectious diseases as well as to advance knowledge and solutions to support a green transformation of society.
View original content:https://www.prnewswire.co.uk/news-releases/novo-holdings-commits-dkk-1-4-billion-188-million-to-build-a-quantum-technology-start-up-ecosystem-302132067.html
HSBC, a banking heavyweight, has announced the retirement of its group CEO, Noel Quinn, after his five-year tenure, prompting the bank to commence the search for his successor. HSBC CEO Noel Quinn to retire after five-year tenure
In a statement regarding his decision, Quinn expressed that “after an intense five years, it is now the right time for me to achieve a better balance between my personal and business life.” He also mentioned his plans to “pursue a portfolio career going forward.”
Mark Tucker, HSBC’s chairman, commended Quinn for his role in driving the bank’s transformation strategy, leading to the establishment of “a more focused business that delivers higher returns” during his tenure.
Quinn’s journey with HSBC began in 1987, and he ascended through various positions, including head of commercial finance for Europe and regional head of commercial banking for the Asia Pacific region. He previously served as the bank’s chief executive of global commercial banking.
Following John Flint’s departure, Quinn took over as interim CEO in August 2019, and his position was made permanent in March 2020.
HSBC disclosed that its board has initiated a “formal process” to identify Quinn’s successor, considering candidates from both internal and external sources. During this transition period, Quinn has agreed to continue in his current role to “ensure a smooth and orderly transition.”
Source: fintechfutures.com
The post HSBC CEO Noel Quinn to step down after five years in the role appeared first on HIPTHER Alerts.
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Delta Capita, a leading financial services provider, has acquired the Client On-Boarding solution from the London Stock Exchange Group (LSEG).
UK-based Delta Capita has completed the acquisition of Client On-Boarding, an end-to-end KYC (Know Your Customer) client lifecycle management compliance solution, from the London Stock Exchange Group (LSEG). The financial terms of the transaction have not been disclosed.
Delta Capita, a leading provider of capital markets consulting, managed services, and technology solutions headquartered in London, views this acquisition as a strategic addition to its existing Karbon suite. The Karbon suite offers a comprehensive range of KYC services, tools, and solutions.
Philip Freeborn, co-head of global markets and wholesale banking services at Delta Capita, emphasizes that the acquisition will enhance the suite’s capabilities by incorporating full enterprise-grade CLM (Client Lifecycle Management) technology, due diligence, and client outreach services. He highlights the benefits for clients, including streamlining business processes, adopting a price per file model, and mitigating compliance risk, particularly in the current regulatory environment.
All clients previously served by Client On-Boarding, spanning institutions across the UK, Europe, North America, Hong Kong, and Australia, have transitioned to Delta Capita. Meanwhile, LSEG will continue to utilize the technology as a client.
Joe Channer, CEO of Delta Capita, underscores the significance of integrating Client On-Boarding into their suite, stating that it strengthens their KYC client lifecycle credentials. He believes that this addition will empower clients to more effectively fulfill their KYC and CLM compliance obligations.
Source: fintechfutures.com
The post Delta Capita, a leading financial services provider, has acquired the Client On-Boarding solution from the London Stock Exchange Group (LSEG). appeared first on HIPTHER Alerts.
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