NEC、XING WEIと共に「空間音響MR(TM)」を活用した観光案内サービスを香川県善通寺で開始

TOKYO, Dec 4, 2020 - (JCN Newswire) - 日本電気株式会社(以下NEC)および有限会社XING WEI(以下XING WEI)は、SSMRビジネス推進コンソーシアム(https://ssmr.jp、注1)を通じて、「空間音響MR (TM)(Space Sound Mixed Reality、以下SSMR)」を活用した観光案内サービスを、香川県の善通寺で2020年12月5日から開始します。本サービスは、音響定位技術やAR(拡張現実)技術を活用しており、2020年2月から善通寺でサービス実証を行っていましたが、このたび商用サービスを開始します。

本サービスでは、専用イヤホンから流れる音声と、スマートフォンを活用したAR映像を組み合わせて、現実世界の風景とバーチャル空間を融合させながら、観光名所のガイドを行います。今回提供するコンテンツは、弘法大師・空海の誕生の地である善通寺境内を、米国拠点に活躍するイラストレーターのジョセフ・フォルト氏作画のオリジナルキャラクターたちが楽しく案内をしてくれるサウンドアトラクションです。「現代に蘇った空海から人として正しい道を歩むための教えを学ぶ」というコンセプトに基づいて制作されており、2023年の空海誕生1250年を記念した「弘法大師御誕生1250年記念事業」の一環として行われます。

本サービスは利用者個々のスマートフォンの位置情報に基づいて音声ガイドが流れるため、集団での行動を避けながら観光名所を巡ることが可能となっており、New Normal時代の観光スタイルを実現します。また、デジタル技術の活用により地域の観光資源に新たな価値を加えることで、観光産業や地域経済の活性化に貢献します。

SSMRは、NEC独自技術である音源を空間に仮想的に固定する音響定位技術を活用しています。顔の向きに合わせて一定の方向から音が聞こえるため、周囲のモノから実際に語り掛けられているような効果を演出することができます。また、仮想的なエリアの境界を作るジオフェンスを独自ノウハウに基づき設定し、利用者の詳細な位置情報や動きに基づいて音声コンテンツの起動タイミングを制御します。さらにAR映像を組み合わせることで、現実世界の風景とバーチャル空間が融合した新たな体験を実現します。

本リリースの詳細は下記をご参照ください。
https://jpn.nec.com/press/202012/20201204_01.html

概要:日本電気株式会社(NEC)

詳細は www.nec.co.jp をご覧ください。


Copyright 2020 JCN Newswire. All rights reserved. www.jcnnewswire.com Via JCN Newswire https://ift.tt/2pbRN02

エーザイ、第43回サンアントニオ乳がんシンポジウムにおけるがん領域の製品・開発品に関する演題を発表

TOKYO, Dec 4, 2020 - (JCN Newswire) - エーザイ株式会社(本社:東京都、代表執行役CEO:内藤晴夫)は、2020年12月8日から11日まで米国テキサス州サンアントニオにてバーチャル形式で開催される「第43回サンアントニオ乳がんシンポジウム(San Antonio Breast Cancer Symposium:SABCS2020)」において、自社創製のレンバチニブメシル酸塩(製品名:「レンビマ(R)」、経口マルチキナーゼ阻害剤、以下 レンバチニブ)ならびにエリブリンメシル酸塩(製品名:「ハラヴェン(R)」、ハリコンドリン系微小管ダイナミクス阻害剤、以下 エリブリン)に加え、当社の米国研究子会社であるH3 Biomedicine Inc.創製のH3B-6545(選択的エストロゲン受容体α共有結合型アンタゴニスト)に関する最新情報を発表することをお知らせします。

本学会では、レンバチニブとMerck & Co., Inc., Kenilworth, N.J., U.S.A.(米国とカナダ以外ではMSD)の抗PD-1抗体ペムブロリズマブ(製品名:「キイトルーダ(R)」、以下 ペムブロリズマブ)との併用療法に関し、6種の進行性固形がんを対象としたバスケット型臨床第II相試験(LEAP-005)におけるトリプルネガティブ乳がんコホートの初期結果の発表(抄録番号:PS12-07)が予定されています。

また、エリブリンについては、米国における予後不良の転移性乳がん患者様サブグループに関する実臨床成績の解析結果(抄録番号:PS13-37)の発表が予定されています。

さらに、H3B-6545については、エストロゲン受容体陽性、HER2陰性進行性乳がんを対象とした臨床第I/II相試験における本剤の忍容性、安全性および有効性評価結果に関する発表(抄録番号:PD8-06)などが予定されています。

レンバチニブについて、当社は、2018年3月にMerck & Co., Inc., Kenilworth, N.J., U.S.A.とグローバルな共同開発と共同販促を行う戦略的提携契約を締結しています。

当社は、がん領域を重点領域の一つと位置づけており、がんの「治癒」に向けた画期的な新薬創出をめざしています。最先端のがん研究から革新的な創薬を行い、がん患者様とそのご家族、さらには医療従事者の多様なニーズの充足とベネフィット向上により一層貢献してまいります。

本リリースの詳細は下記をご参照ください。
https://www.eisai.co.jp/news/2020/news202082.html

概要:エーザイ株式会社

詳細は www.eisai.co.jp をご覧ください。


Copyright 2020 JCN Newswire. All rights reserved. www.jcnnewswire.com Via JCN Newswire https://ift.tt/2pbRN02

Hemp Advocates Believe Incoming Biden Administration Will Signal More Opportunities for Hemp Industry: Hemp, Inc. Reports

LAS VEGAS, NV, Dec 4, 2020 - (JCN Newswire) - Hemp, Inc. (OTC PINK: HEMP), a global leader in the industrial hemp industry with bi-coastal processing centers, reported today hemp advocates believe the incoming Biden administration will support the hemp industry based on its previous dealings with the U.S. Department of Agriculture (USDA) and hemp's ability to reduce carbon dioxide levels as noted in the article "Hemp Advocates Encouraged by President-Elect Biden's USDA Transition Team" posted on Hempgrower.com.

"Once the President-Elect Biden is in office, I believe the hemp industry will see major policies implemented favoring our industry and the timing couldn't be better as we rev up to launch one of our most aggressive marketing campaigns to date. Our goal has always been to produce top-of-the-line CBD and CBG smokable products and CBD consumption options that fit consumer lifestyles and deliver unparalleled results so we're definitely excited for what's to come," says Bruce Perlowin, CEO of Hemp, Inc. (OTC: HEMP).

The article states, "The Biden administration recently named Robert Bonnie, USDA's Under Secretary for Natural Resources and Environment in the Obama administration, to lead efforts to implement agency policies, set management agendas, and select personnel." Hemp advocates previously found Bonnie to be very supportive of the hemp industry in past discussions.

According to Jonathan Miller, general counsel for industry association Hemp Roundtable, Robert Bonnie met several times with hemp representatives to discuss critical issues of concern to the industry. "While it is hard to say what this will mean during the Biden administration, what we do already know is that the hemp industry will get a fair hearing during the transition process," said Miller.

Additionally, Geoff Whaling, National Hemp Association's (NHA) board chairperson, has already reached out to Bonnie and the rest of the 17-person team to advocate for hemp. The article noted that "Whaling has updated the USDA transition team on the agency's interim final rule for hemp and industry and state challenges to it. He has also discussed the industry's concerns with the Drug Enforcement Agency's interim final hemp rule designating hemp byproducts as a controlled substance and what it sees as the agency's efforts to avoid public input on the rule."

To read the full article, visit https://bit.ly/39EO0zC.

Hemp, Inc. expects to aggressively ship out its product line to stores, across the country, over the next 30-60 days. To date, the King of Hemp(R) product line consists of Bubba Kush hemp; CBD Pre-rolls, Fortified CBD Pre-rolls, CBD and CBG Caviar/Moon Rocks; and Diamonds (which are 96%-98.7% CBD, the only product like this in the marketplace today). Midnight Express-Find Your Freedom pre-roll line, Hemp, Inc.'s second brand, is also launching and will also later include a total of 50 brands. As of today, some of those brands will include the Daring and Dashing Smith Brothers (the legendary and infamous smugglers from South Florida); the Dockmaster; The Barron of Barges; The Duke of Dope; Carol the Courier; Al the Good Bad Guy; The Golden Dragon Lady; Randy the Racer; Boston Billy; Dopey Don the Genius; and, more.

According to Perlowin, they are the smugglers of yesteryear and will each have their own special strains, blends and flavors.

The other King of Hemp(R) products already in the market are its Diamonds and Crumbles (smaller Diamond pieces) are dabbable CBD products, derived from a golden-hued high CBD, THC-free distillate taken directly from the hemp plant that includes blends of valuable terpenes. Diamonds and Crumbles promise to deliver the strongest, most potent effects of any other product from the line containing between 96% and 98.7% pure CBD.

The Company's website for its King of Hemp(R) line (www.kingofhempusa.com) also has CBD oil tinctures available for purchase. The tinctures are available in two flavors, Natural and Peppermint, and contain full-spectrum hemp oil extracted from the flowers and leaves of hemp plants sustainably sourced from Colorado. They are also compliant with the regulations created by the Colorado Department of Agriculture in regards to industrial hemp. The tinctures contain 0.3% or less THC and are compliant with the 2018 Farm Bill.

To learn more, go to the King of Hemp(R) website at https://bit.ly/3oowK5t.

Hemp, Inc.'s newest division, Medical and Recreational Marijuana, is also underway to enter the cannabis market in 2021 once marijuana is fully legalized across the country. According to Perlowin, banks and merchant account providers will be more open and accepting of marijuana companies. Right now, the banking regulations for marijuana companies are very draconian. "I've known so many banks to close accounts merely because they were associated with the industry. Anyway, we don't know if we'll wait for full legalization yet but that decision won't discount the building out of facilities and preparation for it. After legalization occurs and large scale marijuana grows are underway, this division will already be positioned as the 'go-to' consultant due to our industry expertise," said Perlowin.

According to Nielsen, market researchers project 2020 sales in the current smokable-hemp market to reach $70 million to $80 million. This category includes loose CBD flower, hemp-CBD pre-rolls, cigars and other inhalables.

To see one-minute videos of Hemp, Inc.'s current activities, visit Bruce Perlowin's personal Facebook fan page, where he shares posts of Hemp, Inc.'s activities around the country. Additionally, follow Hemp, Inc. on Instagram (https://bit.ly/39QTzLt) and on Twitter (https://bit.ly/36ARwJe).

Those interested in King of Hemp(R) pre-rolls; hemp-derived CBD tinctures; Caviar; Diamonds; should visit www.kingofhempusa.com or email sales@kingofhempusa.com.

To view the webinar featuring Hemp, Inc.'s CEO, Bruce Perlowin, visit https://bit.ly/3mFTPAc.

This press release continues, to read the complete release, please visit https://bit.ly/3oiUFU3.

WHAT IS HEMP, INC.?

What is Hemp, Inc.? With a deep-rooted social and environmental mission at its core, Hemp, Inc. seeks to build a business constituency for the American small hemp farmer, the American veteran, and other groups experiencing the ever-increasing disparity between tapering income and soaring expenses. The Company is on a mission to be a powerful engine for social change and economic revival, worldwide, by providing hemp products that are eco-friendly, sustainable and healthy. Hemp, Inc. executives believe there can be tangible benefits reaped from adhering to a corporate social responsibility plan. Visit Hemp, Inc. at hempinc.com.

Contact:
Hemp, Inc.
855-436-7688
ir@hempinc.com

More Contacts:
flower@hempinc.com
hempu@hempinc.com
ctinney@hempinc.com


Copyright 2020 JCN Newswire. All rights reserved. www.jcnnewswire.com Via JCN Newswire https://ift.tt/2pbRN02

Hemp Advocates Believe Incoming Biden Administration Will Signal More Opportunities for Hemp Industry: Hemp, Inc. Reports

LAS VEGAS, NV, Dec 4, 2020 - (ACN Newswire) - Hemp, Inc. (OTC PINK: HEMP), a global leader in the industrial hemp industry with bi-coastal processing centers, reported today hemp advocates believe the incoming Biden administration will support the hemp industry based on its previous dealings with the U.S. Department of Agriculture (USDA) and hemp's ability to reduce carbon dioxide levels as noted in the article "Hemp Advocates Encouraged by President-Elect Biden's USDA Transition Team" posted on Hempgrower.com.

"Once the President-Elect Biden is in office, I believe the hemp industry will see major policies implemented favoring our industry and the timing couldn't be better as we rev up to launch one of our most aggressive marketing campaigns to date. Our goal has always been to produce top-of-the-line CBD and CBG smokable products and CBD consumption options that fit consumer lifestyles and deliver unparalleled results so we're definitely excited for what's to come," says Bruce Perlowin, CEO of Hemp, Inc. (OTC: HEMP).

The article states, "The Biden administration recently named Robert Bonnie, USDA's Under Secretary for Natural Resources and Environment in the Obama administration, to lead efforts to implement agency policies, set management agendas, and select personnel." Hemp advocates previously found Bonnie to be very supportive of the hemp industry in past discussions.

According to Jonathan Miller, general counsel for industry association Hemp Roundtable, Robert Bonnie met several times with hemp representatives to discuss critical issues of concern to the industry. "While it is hard to say what this will mean during the Biden administration, what we do already know is that the hemp industry will get a fair hearing during the transition process," said Miller.

Additionally, Geoff Whaling, National Hemp Association's (NHA) board chairperson, has already reached out to Bonnie and the rest of the 17-person team to advocate for hemp. The article noted that "Whaling has updated the USDA transition team on the agency's interim final rule for hemp and industry and state challenges to it. He has also discussed the industry's concerns with the Drug Enforcement Agency's interim final hemp rule designating hemp byproducts as a controlled substance and what it sees as the agency's efforts to avoid public input on the rule."

To read the full article, visit https://bit.ly/39EO0zC.

Hemp, Inc. expects to aggressively ship out its product line to stores, across the country, over the next 30-60 days. To date, the King of Hemp(R) product line consists of Bubba Kush hemp; CBD Pre-rolls, Fortified CBD Pre-rolls, CBD and CBG Caviar/Moon Rocks; and Diamonds (which are 96%-98.7% CBD, the only product like this in the marketplace today). Midnight Express-Find Your Freedom pre-roll line, Hemp, Inc.'s second brand, is also launching and will also later include a total of 50 brands. As of today, some of those brands will include the Daring and Dashing Smith Brothers (the legendary and infamous smugglers from South Florida); the Dockmaster; The Barron of Barges; The Duke of Dope; Carol the Courier; Al the Good Bad Guy; The Golden Dragon Lady; Randy the Racer; Boston Billy; Dopey Don the Genius; and, more.

According to Perlowin, they are the smugglers of yesteryear and will each have their own special strains, blends and flavors.

The other King of Hemp(R) products already in the market are its Diamonds and Crumbles (smaller Diamond pieces) are dabbable CBD products, derived from a golden-hued high CBD, THC-free distillate taken directly from the hemp plant that includes blends of valuable terpenes. Diamonds and Crumbles promise to deliver the strongest, most potent effects of any other product from the line containing between 96% and 98.7% pure CBD.

The Company's website for its King of Hemp(R) line (www.kingofhempusa.com) also has CBD oil tinctures available for purchase. The tinctures are available in two flavors, Natural and Peppermint, and contain full-spectrum hemp oil extracted from the flowers and leaves of hemp plants sustainably sourced from Colorado. They are also compliant with the regulations created by the Colorado Department of Agriculture in regards to industrial hemp. The tinctures contain 0.3% or less THC and are compliant with the 2018 Farm Bill.

To learn more, go to the King of Hemp(R) website at https://bit.ly/3oowK5t.

Hemp, Inc.'s newest division, Medical and Recreational Marijuana, is also underway to enter the cannabis market in 2021 once marijuana is fully legalized across the country. According to Perlowin, banks and merchant account providers will be more open and accepting of marijuana companies. Right now, the banking regulations for marijuana companies are very draconian. "I've known so many banks to close accounts merely because they were associated with the industry. Anyway, we don't know if we'll wait for full legalization yet but that decision won't discount the building out of facilities and preparation for it. After legalization occurs and large scale marijuana grows are underway, this division will already be positioned as the 'go-to' consultant due to our industry expertise," said Perlowin.

According to Nielsen, market researchers project 2020 sales in the current smokable-hemp market to reach $70 million to $80 million. This category includes loose CBD flower, hemp-CBD pre-rolls, cigars and other inhalables.

To see one-minute videos of Hemp, Inc.'s current activities, visit Bruce Perlowin's personal Facebook fan page, where he shares posts of Hemp, Inc.'s activities around the country. Additionally, follow Hemp, Inc. on Instagram (https://bit.ly/39QTzLt) and on Twitter (https://bit.ly/36ARwJe).

Those interested in King of Hemp(R) pre-rolls; hemp-derived CBD tinctures; Caviar; Diamonds; should visit www.kingofhempusa.com or email sales@kingofhempusa.com.

To view the webinar featuring Hemp, Inc.'s CEO, Bruce Perlowin, visit https://bit.ly/3mFTPAc.

This press release continues, to read the complete release, please visit https://bit.ly/3oiUFU3.

WHAT IS HEMP, INC.?

What is Hemp, Inc.? With a deep-rooted social and environmental mission at its core, Hemp, Inc. seeks to build a business constituency for the American small hemp farmer, the American veteran, and other groups experiencing the ever-increasing disparity between tapering income and soaring expenses. The Company is on a mission to be a powerful engine for social change and economic revival, worldwide, by providing hemp products that are eco-friendly, sustainable and healthy. Hemp, Inc. executives believe there can be tangible benefits reaped from adhering to a corporate social responsibility plan. Visit Hemp, Inc. at hempinc.com.

Contact:
Hemp, Inc.
855-436-7688
ir@hempinc.com

More Contacts:
flower@hempinc.com
hempu@hempinc.com
ctinney@hempinc.com



Copyright 2020 ACN Newswire. All rights reserved. www.acnnewswire.com

source http://www.acnnewswire.com/press-release/english/63186/

Bityard Copy Trade Makes Crypto Contract Trading Easier

SINGAPORE, Dec 3, 2020 - (JCN Newswire) - The price of Bitcoin, one of the mainstream cryptocurrencies in the market, recently topped $19,000. At the same time, the Ethereum price also surpassed $600. Even though the prices of most cryptocurrencies have declined slightly in recent days, the market is still crowded with traders and investors.

In the crypto market, spot and contract trading are the common ways for people to invest in digital currencies. Contract trading allows investors to profit in both bear and bull markets, so a lot of people focus on it when spot market becomes less profitable. However, contract trading also comes with some degree of risk, and it requires a high level of financial background and longtime experience.

In the contract trading market, crypto beginners often lose money due to incorrect strategies and unpredictable market changes. This March, the Bitcoin price dropped rapidly and caused heavy losses of many traders. In order to help beginners to invest in cryptocurrencies, Bityard has launched copy trade function to make contract trading easier.

In the copy trade system, Bityard users can find highly professional traders and simply copy their strategies. When copying other traders, the users don't need to manually open or close their positions. The traders will steerbthe whole trading process for the users who copy them. For those copiers, how reliable and skilled the traders they are copying is very important.

In the past, copy trading usually happened in online investment or crypto related communities, and so did crypto scams, as traders could fabricate their trading histories and records to attract followers. With the Bityard copy trade system, all traders must submit their trading history data, which will be viewed by Bityard before the traders get listed and copied. Bityard ensures all traders in the system are qualified for other users to follow their investment strategies.

With the copy trade system, Bityard users can copy any trader on Bityard without a worry. Bityard will keep putting efforts in creating a more secure and simpler trading platform for both beginners and professional traders.

About Bityard

Bityard is the world's leading crypto exchange, with Muay Thai superstar Buakaw Banchamek as the brand ambassador, providing customers from more than 150 countries with safe, simple and fast digital currency trading services. The copy trade function launched is designed to make contract trading easier for beginners. In the future, Bityard will continue to improve its products to provide users with better trading services. Bityard official website: https://www.bityard.com/

Contact Info: Dan, Bityard, dan@bityard.com, https://www.bityard.com/




Copyright 2020 JCN Newswire. All rights reserved. www.jcnnewswire.com Via JCN Newswire https://ift.tt/2pbRN02

Bityard Copy Trade Makes Crypto Contract Trading Easier

SINGAPORE, Dec 3, 2020 - (ACN Newswire) - The price of Bitcoin, one of the mainstream cryptocurrencies in the market, recently topped $19,000. At the same time, the Ethereum price also surpassed $600. Even though the prices of most cryptocurrencies have declined slightly in recent days, the market is still crowded with traders and investors.






In the crypto market, spot and contract trading are the common ways for people to invest in digital currencies. Contract trading allows investors to profit in both bear and bull markets, so a lot of people focus on it when spot market becomes less profitable. However, contract trading also comes with some degree of risk, and it requires a high level of financial background and longtime experience.

In the contract trading market, crypto beginners often lose money due to incorrect strategies and unpredictable market changes. This March, the Bitcoin price dropped rapidly and caused heavy losses of many traders. In order to help beginners to invest in cryptocurrencies, Bityard has launched copy trade function to make contract trading easier.

In the copy trade system, Bityard users can find highly professional traders and simply copy their strategies. When copying other traders, the users don't need to manually open or close their positions. The traders will steerbthe whole trading process for the users who copy them. For those copiers, how reliable and skilled the traders they are copying is very important.

In the past, copy trading usually happened in online investment or crypto related communities, and so did crypto scams, as traders could fabricate their trading histories and records to attract followers. With the Bityard copy trade system, all traders must submit their trading history data, which will be viewed by Bityard before the traders get listed and copied. Bityard ensures all traders in the system are qualified for other users to follow their investment strategies.

With the copy trade system, Bityard users can copy any trader on Bityard without a worry. Bityard will keep putting efforts in creating a more secure and simpler trading platform for both beginners and professional traders.

About Bityard
Bityard is the world's leading crypto exchange, with Muay Thai superstar Buakaw Banchamek as the brand ambassador, providing customers from more than 150 countries with safe, simple and fast digital currency trading services. The copy trade function launched is designed to make contract trading easier for beginners. In the future, Bityard will continue to improve its products to provide users with better trading services. Bityard official website: www.bityard.com

Contact Info: Dan, Bityard, dan@bityard.com, https://www.bityard.com/

Copyright 2020 ACN Newswire. All rights reserved. www.acnnewswire.com

source http://www.acnnewswire.com/press-release/english/63102/

Business of IP Asia Forum opens today

HONG KONG, Dec 3, 2020 - (JCN Newswire) - Addressing the importance of open innovation (an innovation management model that promotes collaboration with external parties) and collaboration in corporate development in times of change, the 10th Business of IP Asia Forum (BIP Asia Forum) opened today and runs online until 4 December. Jointly organised by the Government of the Hong Kong Special Administrative Region (HKSAR), the Hong Kong Trade Development Council (HKTDC) and the Hong Kong Design Centre, the event features more than 60 international intellectual property (IP) experts and business leaders sharing on the latest industry trends. Officiating at this morning's opening ceremony were Carrie Lam, Chief Executive of the HKSAR; Shen Changyu, Commissioner of the China National Intellectual Property Administration (CNIPA); and Daren Tang, Director General of the World Intellectual Property Organization (WIPO).

In a welcome message, HKTDC Executive Director Margaret Fong highlighted the BIP Asia Forum as a platform for IP professionals and business leaders to discuss the latest industry developments and explore opportunities for business collaboration. "The theme for this year's forum is: 'Open Innovation: Driving Collaboration in Times of Change', a topic that will no doubt be foremost on everyone's mind as the world economy is buffeted by the combined winds of the global pandemic and geopolitical tensions," she said. "The online format helps us take the event beyond the limitations of a physical location to connect global participants to a world of industry insights and expertise."

Open innovation - helping to drive collaboration in challenging times

Collaboration is essential during these challenging times, with many businesses having to make significant changes in order to survive. Addressing this trend, this morning's keynote session featured a discussion by industry leaders on how open innovation can help businesses leverage external resources, solve complex problems and generate greater business value. Yancey Strickler, Co-founder and Former CEO of Kickstarter, shared his experience in creating Kickstarter, a global crowdfunding platform that has brought innovators together and created value through innovation and partnerships. The session also welcomed Arata Oono, founder of Borderless, and Emile Chan, CMO and Co-founder of Origami Group, as panellists.

Today's programme concluded with the much-anticipated plenary session, where IP leaders from multinational corporations discussed models for collaboration between enterprises. Given that open innovation creates new pathways for value creation and unleashes the full potential of IP while establishing new ways of collaboration between nations, industries or individuals, it has become a vital business strategy amid increasingly fierce global competition. Speakers at the plenary, which ran on the theme "Creating IP Value through Collaboration", included Christina Petersson, Chief Intellectual Property Officer of Ericsson; Beat Weibel, Chief IP Counsel and Group Senior Vice President of Siemens AG; and John Mulgrew, Vice President, Deputy General Counsel and Chief Intellectual Property Officer of Lenovo.

A breakout session held today focused on the latest IP development opportunities in the Guangdong-Hong Kong-Macao Greater Bay Area, whose development as a major IP trading hub is attracting considerable attention. An innovation and technology engine, the Greater Bay Area has quickly become a breeding ground for innovative ideas and inventions, with much IP trading involved. Co-organised with the Guangdong Administration for Market Regulation (Guangdong Intellectual Property Administration) and the Guangzhou Development District Intellectual Property Association, the session featured speakers from WeRide, Guangzhou IP Exchange, Macau University of Science and Technology, Exponent Science and Technology Consulting, and Vobile Group Limited.

IPHatch Hong Kong welcomes innovative start-ups

Details of the eagerly awaited open-innovation competition, IPHatch Hong Kong, were announced today. At a session with the theme "Supercharging Innovation for Impact", renowned IP experts, representatives of venture capital funds and past IPHatch winners shared on ways to enhance value and realise growth potential. Speakers included Jason Loh, founder and CEO of Piece Future; Jari Vaario, Head of Asia Patent Transactions and External Alliances of Nokia Technologies; Yoshinori Nakagawa, Chief Intellectual Property Specialist of Panasonic Corporation; and Tony Chen, Business Development Director of Hong Kong's X-Tech Startup Platform.

The 2020 competition will focus on digitalisation, smart city development and the Internet of Things, with participating start-ups encouraged to unleash their creativity and expand existing patented technologies to new business areas through swift IP commercialisation.

Global Tech Summit opens tomorrow to examine technological disruptions

The protection of IP is essential in promoting creativity and technological innovation. This subject will be addressed in tomorrow morning's Global Tech Summit, which will be split into three sessions, each featuring renowned speakers. In the first session, Li Zexiang, Professor of the Department of Electronic and Computer Engineering at the Hong Kong University of Science and Technology, will speak on disruption as the "new normal". In the second session, Aldous Ng, CEO of CU Coding Limited, will be joined by Yongping Zheng, Co-founder and Technical Advisor of Telefield Medical Imaging Limited, and Dennis Cheung, Associate Director of Teksbotics (Asia) Limited, to speak about the new wave of talent in Hong Kong's technology sector.

In the third and final session of the summit, Alexander Ng, Vice President of Tencent Healthcare, and Gary Chan, Professor of the Department of Computer Science and Engineering at the Hong Kong University of Science and Technology, will explore technological disruptions in the healthcare industry amid the global pandemic. While the pandemic has created untold disruption in its own right, it has also been the catalyst for a new wave of revolutionary technologies. The pioneers taking part in the session will discuss the emerging technologies that are likely to reshape economies and redefine industries.

Several concurrent breakout sessions will be held on the second day of the forum, including the IP Market and Industry Insights session co-organised with China Daily. Expert speakers including Kevin Lee, founder and CEO of Redspots Creative (HK) Company Limited, Catherine Liu, Research Director of EntGroup Solution Centre, Beijing EntGroup Century Data Technology Co, Ltd., Yang Xiaoxuan, Vice President of iQIYI, and Sze Yan Ngai, Founder and Chairman of Gameone Holdings Limited, will examine IP strategies in the age of "digital ambassadors", where virtual idols are gaining momentum and offering tremendous business opportunities - with a concurrent rise in related IP issues.

IP disputes can be hard to resolve, often involving complex technical issues and multiple jurisdictions - and the pandemic outbreak has created the need for more innovative approaches to dispute resolution. Co-organised with the Department of Justice of the HKSAR, tomorrow afternoon's session on IP legal tips, titled "Hong Kong's Unique Role in IP Creation, Protection, Enforcement and Dispute Resolution in the GBA and Beyond", will explore how Hong Kong can capitalise on its geographical advantage and professional expertise to create a solid foundation for IP businesses to pursue opportunities in the Greater Bay Area and beyond. It will also examine innovative approaches to dispute resolution such as online dispute resolution. Speakers including Charmaine Koo, Partner of Messrs. Deacons and Chairman of Licensing Executive Society China, Hong Kong Sub-Chapter; Winnie Tam, Chairman of the Communication Authority and Committee on Intellectual Property, Hong Kong Bar Association; and Thomas So, Chair of eBRAM Centre, will offer insights into intellectual property creation, protection and arbitration.

As the world looks to recover from the global pandemic, facilitating collaboration among stakeholders in the technology ecosystem will become more important than ever. The essential role of collaboration in technological advancement and the exceptional value of partnerships will be explored at a session titled "The Invincible Bond of Technology and Client Collaboration", co-organised with the Hong Kong Applied Science and Technology Research Institute Company Limited (ASTRI). Speakers including Victor Wong, Chief Executive Officer of Bridge AI; Andy Ho, Managing Director of Nexplore HK; Albert Lo, Chief Architect of Nova Credit Limited; and Daniel Au, Chief Executive Officer of Tectonic Technology Innovation Company Limited, will share insights on how collaboration has helped them solve industry pain points and create new business opportunities.

InspoTalk roundtable offers interactive IP-related discussions

The BIP Asia Forum was preceded by a two-day IP Manager Training Programme, jointly organised by the Intellectual Property Department of the HKSAR and the HKTDC. The programme introduced the fundamentals of IP, enabling participants to better understand the rights of IP owners and users and enhancing their ability to manage and protect IP rights within their enterprise. Complementing the forum's main programme, a new session called InspoTalk was launched yesterday, at which industry experts held in-depth interactive discussions with participants on various IP-related topics, such as the challenges and opportunities resulting from the pandemic and IP strategies for working with social media influencers.

Website
- Business of IP Asia Forum: http://bipasiaforum.com/
- Photo download: https://bit.ly/3qmoCUV

About HKTDC

The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via trade publications, research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Follow us on Twitter @hktdc and LinkedIn.

Contact:
Clayton Lauw, Tel: +852 2584 4472, Email: clayton.y.lauw@hktdc.org
Cathy Lee, Tel: +852 2584 4393, Email: cathy.wk.lee@hktdc.org


Copyright 2020 JCN Newswire. All rights reserved. www.jcnnewswire.com Via JCN Newswire https://ift.tt/2pbRN02

Business of IP Asia Forum opens today

HONG KONG, Dec 3, 2020 - (ACN Newswire) - Addressing the importance of open innovation (an innovation management model that promotes collaboration with external parties) and collaboration in corporate development in times of change, the 10th Business of IP Asia Forum (BIP Asia Forum) opened today and runs online until 4 December. Jointly organised by the Government of the Hong Kong Special Administrative Region (HKSAR), the Hong Kong Trade Development Council (HKTDC) and the Hong Kong Design Centre, the event features more than 60 international intellectual property (IP) experts and business leaders sharing on the latest industry trends. Officiating at this morning's opening ceremony were Carrie Lam, Chief Executive of the HKSAR; Shen Changyu, Commissioner of the China National Intellectual Property Administration (CNIPA); and Daren Tang, Director General of the World Intellectual Property Organization (WIPO).


Carrie Lam, Chief Executive of the HKSAR, officiated at this morning's opening ceremony.


A breakout session held at the forum's satellite venue in Guangzhou explored the latest IP development opportunities with stakeholders from the Guangdong-Hong Kong-Macao Greater Bay Area.


Details of the eagerly awaited open-innovation competition, IPHatch Hong Kong, were announced today, with speakers including past winners and IP experts from renowned technology companies. They shared on ways to enhance corporate value and realise growth potential.


In a welcome message, HKTDC Executive Director Margaret Fong highlighted the BIP Asia Forum as a platform for IP professionals and business leaders to discuss the latest industry developments and explore opportunities for business collaboration. "The theme for this year's forum is: 'Open Innovation: Driving Collaboration in Times of Change', a topic that will no doubt be foremost on everyone's mind as the world economy is buffeted by the combined winds of the global pandemic and geopolitical tensions," she said. "The online format helps us take the event beyond the limitations of a physical location to connect global participants to a world of industry insights and expertise."

Open innovation - helping to drive collaboration in challenging times

Collaboration is essential during these challenging times, with many businesses having to make significant changes in order to survive. Addressing this trend, this morning's keynote session featured a discussion by industry leaders on how open innovation can help businesses leverage external resources, solve complex problems and generate greater business value. Yancey Strickler, Co-founder and Former CEO of Kickstarter, shared his experience in creating Kickstarter, a global crowdfunding platform that has brought innovators together and created value through innovation and partnerships. The session also welcomed Arata Oono, founder of Borderless, and Emile Chan, CMO and Co-founder of Origami Group, as panellists.

Today's programme concluded with the much-anticipated plenary session, where IP leaders from multinational corporations discussed models for collaboration between enterprises. Given that open innovation creates new pathways for value creation and unleashes the full potential of IP while establishing new ways of collaboration between nations, industries or individuals, it has become a vital business strategy amid increasingly fierce global competition. Speakers at the plenary, which ran on the theme "Creating IP Value through Collaboration", included Christina Petersson, Chief Intellectual Property Officer of Ericsson; Beat Weibel, Chief IP Counsel and Group Senior Vice President of Siemens AG; and John Mulgrew, Vice President, Deputy General Counsel and Chief Intellectual Property Officer of Lenovo.

A breakout session held today focused on the latest IP development opportunities in the Guangdong-Hong Kong-Macao Greater Bay Area, whose development as a major IP trading hub is attracting considerable attention. An innovation and technology engine, the Greater Bay Area has quickly become a breeding ground for innovative ideas and inventions, with much IP trading involved. Co-organised with the Guangdong Administration for Market Regulation (Guangdong Intellectual Property Administration) and the Guangzhou Development District Intellectual Property Association, the session featured speakers from WeRide, Guangzhou IP Exchange, Macau University of Science and Technology, Exponent Science and Technology Consulting, and Vobile Group Limited.

IPHatch Hong Kong welcomes innovative start-ups

Details of the eagerly awaited open-innovation competition, IPHatch Hong Kong, were announced today. At a session with the theme "Supercharging Innovation for Impact", renowned IP experts, representatives of venture capital funds and past IPHatch winners shared on ways to enhance value and realise growth potential. Speakers included Jason Loh, founder and CEO of Piece Future; Jari Vaario, Head of Asia Patent Transactions and External Alliances of Nokia Technologies; Yoshinori Nakagawa, Chief Intellectual Property Specialist of Panasonic Corporation; and Tony Chen, Business Development Director of Hong Kong's X-Tech Startup Platform.

The 2020 competition will focus on digitalisation, smart city development and the Internet of Things, with participating start-ups encouraged to unleash their creativity and expand existing patented technologies to new business areas through swift IP commercialisation.

Global Tech Summit opens tomorrow to examine technological disruptions

The protection of IP is essential in promoting creativity and technological innovation. This subject will be addressed in tomorrow morning's Global Tech Summit, which will be split into three sessions, each featuring renowned speakers. In the first session, Li Zexiang, Professor of the Department of Electronic and Computer Engineering at the Hong Kong University of Science and Technology, will speak on disruption as the "new normal". In the second session, Aldous Ng, CEO of CU Coding Limited, will be joined by Yongping Zheng, Co-founder and Technical Advisor of Telefield Medical Imaging Limited, and Dennis Cheung, Associate Director of Teksbotics (Asia) Limited, to speak about the new wave of talent in Hong Kong's technology sector.

In the third and final session of the summit, Alexander Ng, Vice President of Tencent Healthcare, and Gary Chan, Professor of the Department of Computer Science and Engineering at the Hong Kong University of Science and Technology, will explore technological disruptions in the healthcare industry amid the global pandemic. While the pandemic has created untold disruption in its own right, it has also been the catalyst for a new wave of revolutionary technologies. The pioneers taking part in the session will discuss the emerging technologies that are likely to reshape economies and redefine industries.

Several concurrent breakout sessions will be held on the second day of the forum, including the IP Market and Industry Insights session co-organised with China Daily. Expert speakers including Kevin Lee, founder and CEO of Redspots Creative (HK) Company Limited, Catherine Liu, Research Director of EntGroup Solution Centre, Beijing EntGroup Century Data Technology Co, Ltd., Yang Xiaoxuan, Vice President of iQIYI, and Sze Yan Ngai, Founder and Chairman of Gameone Holdings Limited, will examine IP strategies in the age of "digital ambassadors", where virtual idols are gaining momentum and offering tremendous business opportunities - with a concurrent rise in related IP issues.

IP disputes can be hard to resolve, often involving complex technical issues and multiple jurisdictions - and the pandemic outbreak has created the need for more innovative approaches to dispute resolution. Co-organised with the Department of Justice of the HKSAR, tomorrow afternoon's session on IP legal tips, titled "Hong Kong's Unique Role in IP Creation, Protection, Enforcement and Dispute Resolution in the GBA and Beyond", will explore how Hong Kong can capitalise on its geographical advantage and professional expertise to create a solid foundation for IP businesses to pursue opportunities in the Greater Bay Area and beyond. It will also examine innovative approaches to dispute resolution such as online dispute resolution. Speakers including Charmaine Koo, Partner of Messrs. Deacons and Chairman of Licensing Executive Society China, Hong Kong Sub-Chapter; Winnie Tam, Chairman of the Communication Authority and Committee on Intellectual Property, Hong Kong Bar Association; and Thomas So, Chair of eBRAM Centre, will offer insights into intellectual property creation, protection and arbitration.

As the world looks to recover from the global pandemic, facilitating collaboration among stakeholders in the technology ecosystem will become more important than ever. The essential role of collaboration in technological advancement and the exceptional value of partnerships will be explored at a session titled "The Invincible Bond of Technology and Client Collaboration", co-organised with the Hong Kong Applied Science and Technology Research Institute Company Limited (ASTRI). Speakers including Victor Wong, Chief Executive Officer of Bridge AI; Andy Ho, Managing Director of Nexplore HK; Albert Lo, Chief Architect of Nova Credit Limited; and Daniel Au, Chief Executive Officer of Tectonic Technology Innovation Company Limited, will share insights on how collaboration has helped them solve industry pain points and create new business opportunities.

InspoTalk roundtable offers interactive IP-related discussions

The BIP Asia Forum was preceded by a two-day IP Manager Training Programme, jointly organised by the Intellectual Property Department of the HKSAR and the HKTDC. The programme introduced the fundamentals of IP, enabling participants to better understand the rights of IP owners and users and enhancing their ability to manage and protect IP rights within their enterprise. Complementing the forum's main programme, a new session called InspoTalk was launched yesterday, at which industry experts held in-depth interactive discussions with participants on various IP-related topics, such as the challenges and opportunities resulting from the pandemic and IP strategies for working with social media influencers.

Website
- Business of IP Asia Forum: http://bipasiaforum.com/
- Photo download: https://bit.ly/3qmoCUV

About HKTDC

The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via trade publications, research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Follow us on Twitter @hktdc and LinkedIn.

Contact:
Clayton Lauw, Tel: +852 2584 4472, Email: clayton.y.lauw@hktdc.org
Cathy Lee, Tel: +852 2584 4393, Email: cathy.wk.lee@hktdc.org

Copyright 2020 ACN Newswire. All rights reserved. www.acnnewswire.com

source http://www.acnnewswire.com/press-release/english/63178/

Xu Chong, CFO & Executive Director of Babytree: Focusing on M&C and Expanding Horizons for More Opportunities

HONG KONG, Dec 3, 2020 - (JCN Newswire) - Joining the maternity and child (M&C)-focused Babytree Group (1761.HK) was the right thing to do for Xu Chong, CFO and Executive Director of the company.

"I tried to find the right business from an investor perspective. And Babytree, a top-ranking company in the 600 billion dollar M&C industry with an unrivalled reputation and high user traffic, is exactly what I've been looking for," said Mr. Xu in an interview with a reporter from takungpao.com.

In fact, as one of the largest and most active M&C-focused community platforms in China, Babytree has achieved impressive results in the past year in content upgradation and product innovation through relentless efforts. Data show that as of 30 June 2020, the monthly active users (MAUs) of Babytree reached 103 million, among which the MAUs of the Babytree Parenting mobile app amounted to 20.4 million, up 7.9% from the end of 2019, with the retention rate (the percentage of active users on the app in a specific month that remained active users in the next month) increasing to 65.2%. Thanks to refinements and upgrades in products, services and experience, Babytree remained a user traffic leader in the industry during the first half of the year and has ushered in a new stage of "value creation-driven growth".

In terms of products, the company continued to launch innovative products to boost sales, in addition to constantly building the content-, tools- and community-focused competitiveness of its products. Centering around "M&C User Lifestyle Showcase", a string of upgrades were rolled out for the Babytree Parenting app, the flagship product of the company. Meanwhile, Babytree is set to see the second curve of growth through building content for various scenarios and cultivating its IP portfolio. For example, the Douyin account, "Babytree Experts", has attracted nearly 700,000 subscribers, with over 6,500,000 views for one of the videos released.

"As the CFO, it is my duty to protect cash flow and keep the company going at this difficult time."

Looking back at the COVID-19 pandemic early this year, which is surely a Black Swan event for Babytree Group and the M&C market, Xu Chong said that in spite of the impacts of the pandemic, M&C demand remains strong and the recession-resistant nature of the industry will serve as the underpinning for its market size and investment value. Meanwhile, the M&C industry is faced with the new challenge of advancing digitalization.

"As the CFO, my definition of safety is that the company can survive at least two of such crisis as the pandemic.
And that's how I design our asset structure. By doing so, we will have sufficient cash flow to keep the company going in an unexpected crisis like the pandemic. Meanwhile, be friends with time and note that chance favours the prepared mind. We must be able to anticipate what's ahead, a peak or a trough or a crisis. When a crisis occurs, I have to do what needs to be done as a CFO, including cost actions or urging the business team to make innovative breakthroughs. More importantly, have forward-looking strategies," said Xu Chong. He also added that as a top-ranking M&C-focused online platform that has been providing diverse services including knowledge, tools and shopping for Chinese families, Babytree has advantageous accumulations of data and insights to help offer effective, differentiated products and services during the pandemic and relieve consumer anxiety in respect of supply. By continuing to provide solutions, create value for and offer companionship to users, the company is poised to grow sustainably.

"Only a company with a vision and blueprint to draw future lifestyles for users and investors can be trusted with higher value expectations."

As the CFO of a Mainland China company listed in Hong Kong, Mr. Xu shared with takungpao.com his insights about the Hong Kong capital market and what it takes to be a good listed company. According to him, reforms of the Stock Exchange of Hong Kong's systems have resulted in more inclusiveness and openness and have removed barriers to new economy or already overseas-listed companies that are looking to go public in the Hong Kong market. Now these companies can get access to diversified financing from home and abroad, while investors have more choices as to where to put their money. It is a win-win for everyone involved. In 2020, despite new uncertainties to the capital market brought by Black Swan events such as the pandemic, an increasing number of already overseas-listed and new economy companies became listed in Hong Kong. With the thriving Chinese economy, more budding industries and companies in the country start to be noticed by global investors. In the future, the Stock Exchange of Hong Kong, a shining star in the global capital market, is expected to gather more quality assets to create higher value for investors.

As to what it takes to be a good listed company, Mr. Xu mentioned three elements, namely a promising industry outlook, sound corporate fundamentals, and excellent corporate governance. Firstly, the company must be in an industry with great potentials, fast growth and strong resistance to recessions. Secondly, the company must do good in position in the industry, quality of products and services, reputation among consumers, profit model, core values, competition, financial indicators and so on. Finally, excellent corporate governance delivers a more solid performance of the company. "Capital value is above all reflected in value created for users. A company that puts value creation for users first should incorporate technologies and services into daily life, solve problems for users, promote convenient access to information and resources, eliminate pain points or empower the industry. A company with a vision and blueprint to draw future lifestyles for users and investors will be trusted by investors with higher value expectations in that it can generate strong, consistent returns for its shareholders," said Xu.

"A good CFO should also be an expert of business, not just an expert of numbers."

Years of professional experience in accounting and financial management have made Xu Chong the right person for the job as CFO & Executive Director of Babytree Group. He believed that to be a good CFO, one needs to be a finance professional first, with excellent skills in data analysis, leadership, project management, finance techniques, etc. Meanwhile, a good CFO should also be an expert of business, not just an expert of numbers. He must dive deep into the industry and the business operations to get insights about changes and trends, as part of his efforts to make better planning for the company, whether for the short, medium or long haul, as well as to contribute to the healthy, sustainable development of the company. "Looking ahead, we all need to keep learning, upgrading our skills, and expanding our horizons in pursuit of more opportunities," said Mr. Xu.




Copyright 2020 JCN Newswire. All rights reserved. www.jcnnewswire.com Via JCN Newswire https://ift.tt/2pbRN02

Xu Chong, CFO & Executive Director of Babytree: Focusing on M&C and Expanding Horizons for More Opportunities

HONG KONG, Dec 3, 2020 - (ACN Newswire) - Joining the maternity and child (M&C)-focused Babytree Group (1761.HK) was the right thing to do for Xu Chong, CFO and Executive Director of the company.


Xu Chong, CFO and Executive Director of Babytree Group


"I tried to find the right business from an investor perspective. And Babytree, a top-ranking company in the 600 billion dollar M&C industry with an unrivalled reputation and high user traffic, is exactly what I've been looking for," said Mr. Xu in an interview with a reporter from takungpao.com.

In fact, as one of the largest and most active M&C-focused community platforms in China, Babytree has achieved impressive results in the past year in content upgradation and product innovation through relentless efforts. Data show that as of 30 June 2020, the monthly active users (MAUs) of Babytree reached 103 million, among which the MAUs of the Babytree Parenting mobile app amounted to 20.4 million, up 7.9% from the end of 2019, with the retention rate (the percentage of active users on the app in a specific month that remained active users in the next month) increasing to 65.2%. Thanks to refinements and upgrades in products, services and experience, Babytree remained a user traffic leader in the industry during the first half of the year and has ushered in a new stage of "value creation-driven growth".

In terms of products, the company continued to launch innovative products to boost sales, in addition to constantly building the content-, tools- and community-focused competitiveness of its products. Centering around "M&C User Lifestyle Showcase", a string of upgrades were rolled out for the Babytree Parenting app, the flagship product of the company. Meanwhile, Babytree is set to see the second curve of growth through building content for various scenarios and cultivating its IP portfolio. For example, the Douyin account, "Babytree Experts", has attracted nearly 700,000 subscribers, with over 6,500,000 views for one of the videos released.

"As the CFO, it is my duty to protect cash flow and keep the company going at this difficult time."

Looking back at the COVID-19 pandemic early this year, which is surely a Black Swan event for Babytree Group and the M&C market, Xu Chong said that in spite of the impacts of the pandemic, M&C demand remains strong and the recession-resistant nature of the industry will serve as the underpinning for its market size and investment value. Meanwhile, the M&C industry is faced with the new challenge of advancing digitalization.

"As the CFO, my definition of safety is that the company can survive at least two of such crisis as the pandemic.
And that's how I design our asset structure. By doing so, we will have sufficient cash flow to keep the company going in an unexpected crisis like the pandemic. Meanwhile, be friends with time and note that chance favours the prepared mind. We must be able to anticipate what's ahead, a peak or a trough or a crisis. When a crisis occurs, I have to do what needs to be done as a CFO, including cost actions or urging the business team to make innovative breakthroughs. More importantly, have forward-looking strategies," said Xu Chong. He also added that as a top-ranking M&C-focused online platform that has been providing diverse services including knowledge, tools and shopping for Chinese families, Babytree has advantageous accumulations of data and insights to help offer effective, differentiated products and services during the pandemic and relieve consumer anxiety in respect of supply. By continuing to provide solutions, create value for and offer companionship to users, the company is poised to grow sustainably.

"Only a company with a vision and blueprint to draw future lifestyles for users and investors can be trusted with higher value expectations."

As the CFO of a Mainland China company listed in Hong Kong, Mr. Xu shared with takungpao.com his insights about the Hong Kong capital market and what it takes to be a good listed company. According to him, reforms of the Stock Exchange of Hong Kong's systems have resulted in more inclusiveness and openness and have removed barriers to new economy or already overseas-listed companies that are looking to go public in the Hong Kong market. Now these companies can get access to diversified financing from home and abroad, while investors have more choices as to where to put their money. It is a win-win for everyone involved. In 2020, despite new uncertainties to the capital market brought by Black Swan events such as the pandemic, an increasing number of already overseas-listed and new economy companies became listed in Hong Kong. With the thriving Chinese economy, more budding industries and companies in the country start to be noticed by global investors. In the future, the Stock Exchange of Hong Kong, a shining star in the global capital market, is expected to gather more quality assets to create higher value for investors.

As to what it takes to be a good listed company, Mr. Xu mentioned three elements, namely a promising industry outlook, sound corporate fundamentals, and excellent corporate governance. Firstly, the company must be in an industry with great potentials, fast growth and strong resistance to recessions. Secondly, the company must do good in position in the industry, quality of products and services, reputation among consumers, profit model, core values, competition, financial indicators and so on. Finally, excellent corporate governance delivers a more solid performance of the company. "Capital value is above all reflected in value created for users. A company that puts value creation for users first should incorporate technologies and services into daily life, solve problems for users, promote convenient access to information and resources, eliminate pain points or empower the industry. A company with a vision and blueprint to draw future lifestyles for users and investors will be trusted by investors with higher value expectations in that it can generate strong, consistent returns for its shareholders," said Xu.

"A good CFO should also be an expert of business, not just an expert of numbers."

Years of professional experience in accounting and financial management have made Xu Chong the right person for the job as CFO & Executive Director of Babytree Group. He believed that to be a good CFO, one needs to be a finance professional first, with excellent skills in data analysis, leadership, project management, finance techniques, etc. Meanwhile, a good CFO should also be an expert of business, not just an expert of numbers. He must dive deep into the industry and the business operations to get insights about changes and trends, as part of his efforts to make better planning for the company, whether for the short, medium or long haul, as well as to contribute to the healthy, sustainable development of the company. "Looking ahead, we all need to keep learning, upgrading our skills, and expanding our horizons in pursuit of more opportunities," said Mr. Xu.





Copyright 2020 ACN Newswire. All rights reserved. www.acnnewswire.com

source http://www.acnnewswire.com/press-release/english/63169/

Greenbriar Capital Corp Announces Acquisition of 500MW Solar Energy Project Portfolio in Alberta

Coquitlam, British Columbia, Dec 3, 2020 - (JCN Newswire) - Greenbriar Capital Corp. (TSXV: GRB) (OTC Pink: GEBRF) ("Greenbriar") is pleased to announce that it has executed a formal agreement with Devon Sandford of Lethbridge, Alberta, for the acquisition of a 500 MW photovoltaic solar energy project portfolio in Alberta. The proprietary portfolio is at various stages of development, including late stage, mid stage and early stage projects.

Devon owns and operates a world class large utility scale solar energy construction firm (Northern DC Solar Inc. "NDC") and has very recently built several large utility scale solar projects in Alberta. Transitioning from the manufacturing and commissioning of utility scale power systems into utility scale solar projects has provided NDC a unique perspective, critical insights and overall advantages on how to deliver large scale solar projects efficiently and cost effectively.

Greenbriar gains an advantage in the market as it benefits from NDC's recent successful mechanical and electrical installation of the first large scale tracking solar system in Canada. Located in Southern Alberta, with over 70,000 modules, 7,000 piles, 4.8 million mechanical pieces and 200,000 labour hours, NDC has the ability to claim for Greenbriar what it also can show, which is building large scale projects, under budget and on time.

The terms of the transaction call for a series of performance payments based on the capital cost savings below a certain threshold at commercial production for each project. The payments can be paid from the construction proceeds or elected by Devon to be taken in shares at the then current market price, except the company will seek TSXV approval for the first two million shares to be taken at current market prices. In addition Devon will receive 100,000 shares for each project placed in production plus 500,000 stock options at $1.50 per share. Greenbriar will pay an arms-length consultant 50,000 shares for arranging this transaction.

About Greenbriar Capital Corp

Greenbriar is a leading developer of sustainable real estate and renewable energy. With long-term, high impact, contracted sales agreements in key project locations and led by a successful, industry-recognized operating and development team, Greenbriar targets deep valued assets directed at accretive shareholder value.

ON BEHALF OF THE BOARD OF DIRECTORS
"Jeff Ciachurski"
Jeffrey J. Ciachurski
Chief Executive Officer and Director
Phone: 949.903.5906

The TSX Venture Exchange has not reviewed and does not accept responsibility for the accuracy or adequacy of this release. Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This press release may contain forward-looking statements. All statements, other than statements of historical fact, constitute "forward-looking statements" and include any information that addresses activities, events or developments that the Company believes, expects or anticipates will or may occur in the future including the Company's strategy, plans or future financial or operating performance and other statements that express management's expectations or estimates of future performance.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/69381


Copyright 2020 JCN Newswire. All rights reserved. www.jcnnewswire.com Via JCN Newswire https://ift.tt/2pbRN02

三菱重工、多目的利用を実現する一体型小型原子炉の概念設計を完了

TOKYO, Dec 3, 2020 - (JCN Newswire) - 三菱重工業は、将来を見据えたカーボンフリー電源として多様なニーズに応える一体型小型原子炉の概念設計を完了しました。主要機器を原子炉容器内に統合することにより一体・小型化を可能にしたもので、加圧水型軽水炉(PWR)の技術、知見をベースに、小型炉特有の高い安全性を実現します。

これにより、小規模グリッド向けの発電用炉(30万kW級)や、離島向けモバイル電源や災害非常用電源などに適用する船舶搭載炉(3万kW級)への展開、さらに電源供給だけでなく動力や熱源利用といった多目的利用も実現可能です。これらの幅広い目的に対する市場ニーズの多角的な調査・分析を踏まえて、将来この成果が社会で実際の課題解決に貢献するいわゆる"社会実装"への道を探求していきます。

当社は、これまで国内24基のPWRの設計・建設から保守に携わり、安全性・信頼性向上や長期継続利用に向けた技術開発に取り組むとともに、小型炉を含む多様な革新的原子力技術開発に取り組んできました。小型炉開発は、1969年に進水した原子力船「むつ」の動力炉を開発したことが始まりです。2000年代には小型一体型モジュラー炉IMR開発も実施、原子炉内の冷却材熱流動試験や安全システムの除熱試験などを経て、開発に必要とされる要素技術を実証しています。これらの開発知見をベースに、近年は世界最先端の技術を有する日本国内の大学や研究機関と連携して小型炉開発に取り組んでいます。

原子力発電は、大規模かつ安定的に電力を供給可能なカーボンフリー電源であり、脱炭素社会の実現に向けた重要なベースロード電源として今後も期待されています。三菱重工グループは、電力の安定供給に引き続き貢献するため、飛躍的に安全性を向上させた次世代PWRの開発を進めるとともに、さらにその先を見据え、今回の小型炉に加えて、高温ガス炉、マイクロ炉といった将来炉の開発も推進しています。今後も、多様化するさまざまなニーズに応えるべく、原子力技術で社会に貢献していきます。

本リリースの詳細は下記をご参照ください。
https://www.mhi.com/jp/news/201203.html

概要:三菱重工業株式会社

詳細は www.mhi.co.jp をご覧ください。


Copyright 2020 JCN Newswire. All rights reserved. www.jcnnewswire.com Via JCN Newswire https://ift.tt/2pbRN02

Greenbriar Capital Corp Announces Acquisition of 500MW Solar Energy Project Portfolio in Alberta

Coquitlam, British Columbia, Dec 3, 2020 - (ACN Newswire) - Greenbriar Capital Corp. (TSXV: GRB) (OTC Pink: GEBRF) ("Greenbriar") is pleased to announce that it has executed a formal agreement with Devon Sandford of Lethbridge, Alberta, for the acquisition of a 500 MW photovoltaic solar energy project portfolio in Alberta. The proprietary portfolio is at various stages of development, including late stage, mid stage and early stage projects.

Devon owns and operates a world class large utility scale solar energy construction firm (Northern DC Solar Inc. "NDC") and has very recently built several large utility scale solar projects in Alberta. Transitioning from the manufacturing and commissioning of utility scale power systems into utility scale solar projects has provided NDC a unique perspective, critical insights and overall advantages on how to deliver large scale solar projects efficiently and cost effectively.

Greenbriar gains an advantage in the market as it benefits from NDC's recent successful mechanical and electrical installation of the first large scale tracking solar system in Canada. Located in Southern Alberta, with over 70,000 modules, 7,000 piles, 4.8 million mechanical pieces and 200,000 labour hours, NDC has the ability to claim for Greenbriar what it also can show, which is building large scale projects, under budget and on time.

The terms of the transaction call for a series of performance payments based on the capital cost savings below a certain threshold at commercial production for each project. The payments can be paid from the construction proceeds or elected by Devon to be taken in shares at the then current market price, except the company will seek TSXV approval for the first two million shares to be taken at current market prices. In addition Devon will receive 100,000 shares for each project placed in production plus 500,000 stock options at $1.50 per share. Greenbriar will pay an arms-length consultant 50,000 shares for arranging this transaction.

About Greenbriar Capital Corp

Greenbriar is a leading developer of sustainable real estate and renewable energy. With long-term, high impact, contracted sales agreements in key project locations and led by a successful, industry-recognized operating and development team, Greenbriar targets deep valued assets directed at accretive shareholder value.

ON BEHALF OF THE BOARD OF DIRECTORS
"Jeff Ciachurski"
Jeffrey J. Ciachurski
Chief Executive Officer and Director
Phone: 949.903.5906

The TSX Venture Exchange has not reviewed and does not accept responsibility for the accuracy or adequacy of this release. Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This press release may contain forward-looking statements. All statements, other than statements of historical fact, constitute "forward-looking statements" and include any information that addresses activities, events or developments that the Company believes, expects or anticipates will or may occur in the future including the Company's strategy, plans or future financial or operating performance and other statements that express management's expectations or estimates of future performance.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/69381

Copyright 2020 ACN Newswire. All rights reserved. www.acnnewswire.com

source http://www.acnnewswire.com/press-release/english/63168/

Moonstake合同ウェビナー:「ブロックチェーンの未来:Neo3のこれからについて」

SINGAPORE, Dec 3, 2020 - (JCN Newswire) - Moonstake(ムーンステーク)は、2020年12月3日(日本時間16時)にNEO(ネオ)との合同ウェビナー「ブロックチェーンの未来:Neo3のこれからについて」を開催します。




中国のEthereumとも呼ばれるNEOは3年前にメインネットをローンチし、その後、3年以上安定した運用を行ってきました。今年、NEOはネットワークセキュリティとガバナンスを一層強化したNEO3のテストネットを発表します。

今回のウェビナーでは、NEO3の機能やスマートコントラクトのシステムなどを中心に、最近のNEOの取組などについてお話しします。また、NEOが参加するBSN(Business Service Network。中国のブロックチェーン戦略を推進する組織)やIWA(InterWork Alliance。ブロックチェーンのイノベーションを推進するNPOでマイクロソフト、アクセンチュア、IBM、ナスダックなどが参加)における取組も紹介します。

MoonstakeとNEOは、ブロックチェーンの発展を目指し、ステーキングをともに推進することを目的として、今年7月にパートナーシップを締結しました。世界のブロックチェーン業界を牽引するNEOとの合同ウェビナーに、ぜひご参加ください。

ウェビナーについて
タイトル: ブロックチェーンの未来:Neo3のこれから
日付と時刻:12月3日、日本時間16時

スピーカー:
- Moonstake アドバイザー Shogo Ishida
- Neo エコシステム グロースマネージャー Denis Suslov

主要なテーマとトピック:
- Neo3
- Neoのファイルシステム
- Neoの分散型デジタルID
- NEOが加入したBSN (中国)とInterWork Alliance (米国)について
- Q&A

ウェビナーはZoomで開催いたします。参加には事前登録が必要ですので、下記のリンクから登録してください。
https://us02web.zoom.us/webinar/register/WN_AWAeDMySTeuq7OWHxXx9LA

Moonstake(ムーンステーク)について

Moonstakeは、アジア地域や世界規模で高まる需要に応えるため、ステーキングプール・プロトコル開発のために設立されました。Moonstakeはステーキングプールのプロトコルを開発し、パートナーや会社を通してサービスを提供していきます。

Moonstakeは、アジアにおいて最大ステーキングプールネットワークになることを目標としています。アジアを率いるエコシステムを構築していくためにEmurgo、Ontology、NEO、PundiX、Wanchain、Qurasらと、次々とメジャープロジェクトとのパートナーシップを拡大してきました。日本最大のブロックチェーンハブのBinarystar、シンガポールCatalist上場企業のOIO Holdings Limited (SGX: OIO)、と提携しています。アドバイザーには、世界的なプロジェクトのLISKや、プロジェクトの著名プレイヤーを迎えています。

8月のオペレーション本格化を機にビジネスを拡大し、11月時点での総ステーキング資産額は90億円を超えています。https://moonstake.io/ja/

NEOについて

NEOは、コミュニティ主導のオープンソース・プラットフォームです。ブロックチェーンテクノロジーとデジタルIDを利用して、スマートコントラクトを使用した資産管理をデジタル化および自動化を可能としています。 分散型ネットワークを使用して、次世代インターネットのインフラストラクチャを構築し、多くのブロックチェーンを取り入れるための強固な基盤を構築することで、スマートエコノミーを創出することを目指しています。https://NEO.org


Copyright 2020 JCN Newswire. All rights reserved. www.jcnnewswire.com Via JCN Newswire https://ift.tt/2pbRN02

Hidden Arbitrage Opportunities behind Privatisation of CIMC-TianDa (0445.HK) May Significantly Increase Probability of Approval

HONG KONG, Dec 3, 2020 - (ACN Newswire) - On 30 November, CIMC-TianDa issued a joint announcement regarding, among other matters, the dispatch of privatisation scheme circular.






According to the announcement, Sharp Vision, a wholly-owned subsidiary of CIMC, and Expedition Holding, as the joint offerors, made a privatisation proposal to CIMC-TianDa. The privatisation price is HK$0.266 per share, a 20.36% premium to the closing price of HK$0.221 on the last trading day.

Assuming that Sharp Vision will not exercise the right to convert its convertible bonds, the joint offerors and their concert parties hold 12.574 billion shares, representing approximately 75.58% of the issued share capital of CIMC-TianDa, while independent shareholders hold 4.064 billion shares, representing approximately 24.42% of the issued share capital. The maximum amount of cash consideration required to effect the privatisation proposal will be HK$1.082 billion.

As shown in the announcement, the joint offerors and their concert parties have appointed ABCI Capital, Zhongtai Capital and Donvex Capital as their joint financial advisers (FA) in connection with the privatisation proposal. In its announcement issued on 19 October, CIMC-TianDa has appointed Gram Capital Limited as the independent financial adviser to advise the Independent Board Committee.

The fact that a total of four financial companies provide professional advice in a privatisation case of this magnitude is groundbreaking, which reflects the determination of the joint offerors and their concert parties for a successful privatisation scheme.

As shown in the shareholding structure, Sharp Vision is a wholly-owned subsidiary of CIMC, while Expedition Holding is wholly-owned by Macao QiXin Investment Management Limited whose shareholders are CNIC of SDIC, TUS-S&T Service Group, and Tus-Financial Group. These three SOEs are strong shareholders with extensive experience and professional talents in the fields of international investment and M&A, national strategic investment, private equity investment in emerging industries, start-up investment, asset management, and financial investment banking services. The combination of QiXin Investment and the four competent financial advisers demonstrates the resolution of CIMC and SDIC in succeeding the privatisation deal.

CIMC-TianDa plans to be privatised by way of a scheme of arrangement, a higher probability of success

There are two main ways to privatise a listed company in Hong Kong - one is by way of a scheme of arrangement and the other is by way of a voluntary general offer.

These two privatisation ways share one thing in common, which is that the controlling shareholders, as the joint offerors, and their concert parties, don't get to vote, even if they hold a majority of shares. In fact the success of a privatisation proposal depends on the votes of independent shareholders.

The difference is that, in the case of privatisation by way of a voluntary general vote, it requires not only the approval of independent shareholders through voting at the extraordinary general meeting (EGM), but also that independent shareholders should, on the basis of their shareholdings, accept the offer made by the offerors. When the offer period ends, the offerors will have to obtain acceptances which in aggregate represent no less than 90% in value of the shares for which the offer is made.

It is quite a demanding requirement to satisfy. Some shareholders may find the offer price unattractive, while others may not even notice the offer information. As a result, the threshold for privatisation by way of a voluntary offer is very high, which is generally less appealing to independent shareholders.

Relatively speaking, privatisation by way of a scheme of arrangement in Hong Kong stock market stands a higher probability of success.

Based on public information on the HKEX website, from January 2019 to September 2020, 33 privatisation offers had been announced by companies listed on the HK's stock exchange (excluding those made by H-share companies). Among which, all the 11 privatisation proposals announced in 2019 were completed with shares delisted. For the 22 offers announced during the nine months ended 30 September 2020, one offer closed without being privatised, seven were successfully completed, one is pending listing withdrawal, and 13 are ongoing. Out of the 33 privatisation offers, only three were made through voluntary general offers, while the remaining 30 were made by way of schemes of arrangement.

Moreover, based on the SOE privatisation cases, it can be concluded that privatisation by way of a scheme of arrangement is more likely to succeed. We'd like to elaborate on it with two typical examples, a successful one and a failing one. On 27 September 2018, Sinotrans Shipping (0368.HK) made an announcement, proposing the withdrawal of its listing and privatisation by way of a scheme of arrangement. At the EGM held on 13 December 2018, 99.3% of the shares held by independent shareholders were voted in favour of privatisation, and only 0.7% of the shares were voted against it. At the Court Meeting held on the same day, 95.8% of the votes held by independent shareholders voted in favour of privatisation, while only 2.0% voted against it. As the conditions were fulfilled, the listing of Sinotrans Shipping on the Hong Kong Stock Exchange was withdrawn on 16 January 2019 and the privatisation was completed.

Another SOE privatisation proposal is that on 12 December 2018, Harbin Electric Company (1133.HK) and its parent company, Harbin Electric Corporation, made a joint announcement that Harbin Electric Corporation would make a voluntary conditional cash offer to acquire all the issued H Shares of Harbin Electric Company (i.e. by way of a voluntary general offer). The H Share Offer was HK$4.56 in cash for each H Share. In the following process, although the deal was approved at the general meeting of shareholders, the offer failed to meet the 90% threshold for acceptance of independent shares within the prescribed period, thus declaring the privatisation unsuccessful. The company's share price plunged from around HK$3.80 all the way to the lowest HK$1.45, with a cumulative decline of over 60%.

The latest quotation of Harbin Electric, which is still listed, is HK$2.52 per share, lower than the privatisation offer price proposed by the offeror two years ago. The market risks associated with a failed privatisation offer can be extremely significant. Unless the assets of the target company are of particularly high quality, or unless the majority shareholders and their concert parties believe that the timing is right, the chances of going private again are actually slim.

State-owned enterprise privatisation adopts the more successful, more reliable and much easier approach. Actually, it should also exemplify the deep sense of responsibility of any offeror to safeguard the interests of all shareholders.

However, we could return to the analysis of the privatisation case of CIMC-TianDa. the Company chose the scheme of arrangement for its privatisation proposal in accordance with its circular.
For the priviatisation under a scheme of arrangement, two conditions as below shall be firstly fulfilled:

(1) at the Court Meeting of privatisation, the scheme shall be approved by more than 75% of the votes cast by the independent shareholders present at the meeting;
(2) at the Court Meeting of privatisation, the scheme shall not be against by more than 10% of the votes cast by the independent shareholders present at the meeting.

In addition, we are required to pay attention to the matters in relation to the place of incorporation as it is necessary to satisfy relevant requirements stipulated by that place apart from the above two conditions to undertake the privatisation by the way of a scheme of arrangement. Many investors are often hindered by blind spots due to lack of professional expertise, ultimately influencing their investment decisions and judgments, which is common for the privatisation at Hong Kong share market.

We would take the privatisation of CIMC-TianDa as an example. The circular indicates that the Company is a listed company incorporated in Cayman Islands. In accordance with Section 86 of Companies Law of the Cayman Islands, a listed company in Cayman Islands has to fulfil the requirement for proposed privatisation: more than 50% of the shareholders present at the Court Meeting approve the privatisation proposal, no matter the number of the shareholding held by such shareholders, commonly referenced to as Clause of "Head Counting".

Under this situation, where the privatisation proposal is approved by voting at the general meeting and the court meeting and other conditions for privatisation have been fulfilled (Clause of "Head Counting"), the independent shareholders could just await until the listed company takes over their shares in accordance with the remaining procedures and returns them the considerations. In conclusion, once the conditions of the privatisation have been fulfilled, the shareholding of independent shareholders shall be taken away ultimately. No matter whether these independent shareholders have participated in the voting or voted against the proposal, they shall comply with the final resolution passed by the general meeting and the court meeting on the basis of the "Majority Rule".

Where the companies incorporated in PRC are desirous to undertake privatisation by means of a scheme of arrangement, they don't have to abide by the Clause of "Head Counting". Meanwhile, in accordance with the Company Law of the People's Republic of China, the shares of the medium and small shareholders shall not be taken over by mandatory offer. Regarding the listed companies registered in mainland China, the independent shareholders are protected to proactively submit their application of acceptance for their shares in accordance with relevant offer and transfer their shares to an offeror even the privatisation is approved by votes at the general meeting. Otherwise, the independent shareholders who have not accepted the offer will become the shareholders holding the non-negotiable shares after their listed company delists in accordance with the privatisation procedures.

Identifying the arbitrage opportunities behind the privatisation, the "winner-takes-all" will elevate the success rate of privatisation

With the above discussions, we could observe that the listed companies registered in Cayman Islands have the strength to approach privatisation more easily and they are privatised more completely if they succeed in privatisation. Moreover, it is important that it is easier for them to achieve cohesion and win-win situation with independent shareholders and avoid the chance of intense wrangling and severe confrontation.

Coming back to the perspective of market and transactions, it is more likely to produce the fixed mode of arbitrage as it is more predictable. In other words, it is more likely to attract leading investment companies or individual and investment organisations to increase the share capital to facilitate the approval of relevant proposal and realise the expected return of the consideration in the offer of privatisation in short term.

With conclusion and summarisation of numerous privatisation cases, we found that as long as the privatisation proposal is implemented by means of a scheme of arrangement(instead of the voluntary general offer), companies are the listed companies registered in Cayman Islands(required to comply with Section 86 of the Companies Laws of Cayman Islands) and the dominant controlling shareholders and their persons acting in concert work together to expedite and implement such project, the implied essence is "winner-takes-all" under the principle of the privatisation.

Now we could consider and reason from the perspective of a qualified leading investment company or individual or a professional organisation and approach to understand purely in terms of expected rate of return or expected annualised rate of return and assets allocation.

As the circular demonstrates, the court meeting and the EGM shall be convened within this month. If it is approved successfully, the shareholding of each independent shareholders shall be delisted on the stock exchange with the procedures on 25 January of next year and effect on the same day as expected. The independent shareholders are expected to receive the cash cheque paid by the offerors and their concert parties of the privatisation on or before 1 February of next year.

At the court meeting and the EGM, if the privatisation proposal is passed, alternatively, after the "Showdown", the subsequent procedures shall be followed as routine and the uncertainties will be eliminated. On that basis, the share price of CIMC-TianDa is likely to soar close to HKD 0.2666 per share after the proposal is passed and it is the period to realise fastest growth of the rate of return.

So now let's do some calculations. Based on the closing price of CIMC-TianDa at HK$0.245 on 1 December, the privatisation implied an absolute return of 8.57% after the resolution was passed. We will roughly take 8% as the expected rate of return for the calculation. From 2 December to 28 December (the first trading day when the voting result is announced), there are only 27 calendar days. The expected annualised rate of return appropriately exceeds 100%., It is impossible not to attract their attention from large capital allocation perspective.

If they do, the biggest risk they face is actually the rejection of the privatisation proposal. Then just work hard in the direction to get the privatisation proposal passed. What should we do? It's very simple. There are only three action points: (1) Observe market trends and seek for conspirators; (2) Buy the shares, attend the general meetings and court meetings as independent shareholders, and vote in favor of the privatisation proposal; (3) Reasonable assumptions and verification, analysis shows that investors who buy into the first two ideas are mostly shareholders.

In fact, the most critical point is the third point, we might as well have a logical deduction.

If independent shareholders expect that the privatisation proposal will not be passed (or the probability of passing is low), the most favorable option for them (in order to avoid risks) is to sell at the current price, rather than to hold onto the shares and wait until the general meeting and the Court Meeting to cast an objection. Because based on rationality and human nature, they most likely will not harm themselves. Therefore, those who will not sell but will vote at the shareholders meeting can be regarded as a negligible small group.

The second type refers to those who hold onto the shares but will no vote at the shareholders meeting, which we can ignore as they will not affect the polling result.

The third type refers to those who have sold the shares. Since shares have been sold, the person loses the voting right and has no impact on the result.

The last type refers to the major crowd, who are holding onto or are continuous buying, and are joining the shareholders meetings to cast the votes. Given their motives and reasons are very sufficient and necessary, which have been discussed above, we will skip the explanation here.

To come to a direct and simple conclusion: opponents will tend to sell; investors who are in favor of the privatisation proposal and can obtain their expected returns on the basis of approval, or form a sound arbitrage model, will prefer hold onto or to continuous buy the shares.

This is driven by the underlying rule of "winner takes all". Under this rule, the probability of the privatisation proposal being passed has been repeatedly blessed and consolidated on the basis of the relatively high probability.

After the announcement of the privatisation proposal of CIMC-TianDa on 4 October, its trading volume continued to be dynamic, as opposed to its previous silent status and the stock price was stable. From a trading perspective, once an investor is willing to sell, then there are always investors on the other side willing to buy. Because the selling power is always lower than the buying power for position accumulation within a certain price range, this causes the stock price to trade sideways. The relatively larger trading volume than the previous period indicates the continuous trading momentum.

Understanding the logic and motives behind the trading and knowing the "calculations" of the core traders in the market is the best answer and explanation for understanding this phenomenon.

We believe, even ordinary investors who will not participate in the voting, should consider the free-rider strategy - a bold attempt to ride on the privatization of CIMC-TianDa for some profits.


Copyright 2020 ACN Newswire. All rights reserved. www.acnnewswire.com

source http://www.acnnewswire.com/press-release/english/63167/

Moonstake Collaboration Webinar: "The future of blockchain: the case of Neo3"

SINGAPORE, Dec 3, 2020 - (ACN Newswire) - Moonstake will hold a joint webinar with NEO, "The future of blockchain: the case of NEO3" on 3rd of Dec, 2020. It will be held from 3PM Singapore/Beijing time.




NEO, also known as Ethereum in China, launched the mainnet three years ago and has been in stable operation for over three years. This year, NEO announces the NEO3 testnet, which further enhances network security and governance.

In this webinar, we will talk about recent NEO efforts, focusing on NEO3 functions and smart contract systems. In addition, NEO's participation in BSN (Business Service Network, an organization that promotes blockchain strategy in China) and will also introduce IWA (InterWork Alliance, an NPO that promotes blockchain innovation, in which Microsoft, Accenture, IBM, Nasdaq, etc. participate).

Moonstake and NEO signed a partnership in July this year with the aim of promoting staking activity together with developing blockchain. Please Join us for a joint webinar with NEO, a leader in the global blockchain industry.

About this Webinar:
TOPIC: "The future of blockchain: the case of Neo"
DATE & TIME : 3rd of Dec, 3PM in Singapore/Beijing time (GMT+8)
SPEAKERS:
- Shogo Ishida, Advisor of Moonstake
- Denis Suslov, Neo Ecosystem Growth Manager

IN THIS WEBINAR, YOU WILL LEARN:
- Neo3
- Neo File System
- Neo decentralized identity
- Organizations that Neo joined recently: BSN (China) and IntertWork Alliance (USA)
- Q&A

Pre-registration is required to participate, so please register from the link below. RSVP Today to take advantage of this free webinar.
https://us02web.zoom.us/webinar/register/WN_AWAeDMySTeuq7OWHxXx9LA

About Moonstake

Moonstake was recently established to develop a staking pool protocol to satisfy increasing demands in regional and global blockchain markets. Moonstake develops a staking pool protocol and provides business services through partners and companies.

Moonstake aims to be the largest staking pool network in Asia by providing an active environment for crypto asset holders. Establishing a clear partnership roadmap with Moonstake represents another significant milestone for continuing to strengthen ties with leading platforms across Asia's burgeoning Distributed Ledger Technology (DLT) ecosystem. Partnership has been announced with Emurgo, Ontology and NEO to boost staking adoption, Binarystar, Japan's biggest blockchain hub, OIO Holdings Limited (SGX: OIO), a Singapore Catalist-Listed company. Industry's reputed advisors, such as Lisk and Lawrence Lim of RAMP DEFI support Moonstake's innovative journey.

With the full-scale operation in August, we expanded our business and as of November, our total staking assets exceeded over $90 Million. https://www.moonstake.io/

About NEO

NEO is an open-source platform driven by the community. It utilizes blockchain technology and digital identities to digitize and automate the management of assets using smart contracts. Using a distributed network, it aims to create a smart economy by building infrastructures of the next-gen Internet and creating a solid foundation for mass blockchain adoption. https://NEO.org

Copyright 2020 ACN Newswire. All rights reserved. www.acnnewswire.com

source http://www.acnnewswire.com/press-release/english/63163/

マツダ、特別仕様車「Black Tone Edition(ブラックトーンエディション)」シリーズを発売

HIROSHIMA, Japan, Dec 3, 2020 - (JCN Newswire) - マツダ株式会社(以下、マツダ)は、「MAZDA2」「MAZDA6」「MAZDA CX-5」「MAZDA CX-8」に、特別仕様車「Black Tone Edition」を追加し、全国のマツダの販売店を通じ本日より販売を開始*1します。

今回追加した「Black Tone Edition」は、マツダ車共通の提供価値である「走る歓び」はそのままに、“見た人の情熱や挑戦心を奮い立たせる”という商品コンセプトのもと、個性の際立つスポーティな世界観を表現した特別仕様車です。エクステリアでは、ドアミラーカバーとホイールに黒を採用し、引き締められた印象を持たせました。また、インテリアでは赤色を強調した素材やパーツを採用しています。

内外装のコンビネーションによりスポーティさを演出し、このクルマをお選びいただくお客さまに、明日への活力や、心ときめく豊かな時間を過ごしていただきたいという思いを込めました。

マツダは、クルマ本来の魅力である「走る歓び」によって、美しい「地球」と心豊かな「人」・「社会」を実現し、人の心を元気にすることにより、お客さまとの間に特別な絆を持ったブランドになることを目指してまいります。

■「Black Tone Edition」に関する情報サイト*5:
https://www.mazda.co.jp/cars/black-tone-edition/

本リリースの詳細は下記をご参照ください。
https://newsroom.mazda.com/ja/publicity/release/2020/202012/201203b.html

概要:マツダ株式会社

詳細は www.mazda.co.jp をご覧ください。


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