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The launch of Prophe, a global distribution platform for app books

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SEOUL, South Korea, Dec. 18, 2023 /PRNewswire/ — Appmedia Inc. launched its platform ‘Prophe’ in December 2023 to grow into a global brand as a leader in the new e-book market.

The app book can implement multimedia content that cannot be implemented in existing e-books. You can enjoy various content such as videos, VR, mini-games, and quizzes in the app book.

Prophe is a distribution platform exclusively for app books.

Previously, app books were produced by themselves, registered, and distributed in each store, but in the future, anyone can produce and distribute app books through Prophe.

Appmedia Inc. currently has partnerships with 35 companies and institutions in 10 countries around the world through business agreements and is expanding into a global e-publishing business based on this. Now, we want to hit the global e-book market through Prophe.

Source : The launch of Prophe, a global distribution platform for app books

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This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network

Cyber Threat Intelligence "Criminal IP": Technology partnerships with global enterprises with expansion into the Japanese market

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SEOUL, South Korea, Dec. 18, 2023 /PRNewswire/ — AI SPERA, a Cyber Threat Intelligence (CTI) specialist, globally offers the CTI search engine "Criminal IP" in 150 countries. The company also provides the "Criminal IP ASM" attack surface management solution and "Criminal IP FDS" fraud detection system, both leveraging data from Criminal IP. Criminal IP serves as an IP address-based Cyber Threat Intelligence (CTI) search engine, continuously gathering real-time global IP address and domain information. It assesses the risks associated with IP addresses and domains, diagnoses phishing domains, identifies URLs with malicious links, furnishes details on network devices exposed to potential attacks, and offers insights into the domain lookalike algorithm. This wealth of data is accessible not only through search functions but also via API integration, ensuring that Criminal IP’s intelligence is readily available to companies, both domestic and international, across various industries.

Criminal IP ASM is an attack surface management solution designed to effectively manage the IT assets of companies exposed to security threats. By registering just one representative domain, it boasts the capability to automatically detect and update IT assets using the same IP range. It classifies the level of risk into three categories, allowing for the prioritization of threat responses. Additionally, it provides quick insights into the threat status of undiscovered IT assets by utilizing server location information and cloud environments. Furthermore, the daily automated updates swiftly visualize newly added or discovered security threats and IT assets. It effectively detects asset exposure through third parties such as subsidiaries or partner companies, along with information on the applications in use. This proves effective in responding to vulnerabilities and potential threat exposures.

Criminal IP FDS is a real-time anomaly detection solution designed to identify malicious users attempting illicit activities with just a single IP address. It recognizes users who connect to registration, login, and payment servers while hiding their actual IP through methods such as VPN, Tor, Proxy, or Hosting IP, considering them suspicious actors engaging in potentially fraudulent behavior. Unlike traditional Fraud Detection Systems (FDS) that require substantial costs, log data, analytical processes, and manpower for construction, Criminal IP FDS provides real-time judgment of malicious users and features tracking capabilities directly through a dedicated dashboard.

AI SPERA provides data from "Criminal IP" to global security companies such as VirusTotal, Cisco, Tenable, and more. The company continues to enhance its integration with various global vendors and maintains ongoing technological collaborations for component development. Additionally, AI SPERA offers a Chrome-exclusive extension service for real-time analysis of phishing attempts, blocking access to malicious sites. This service is provided free, expanding accessibility beyond security experts. In Japan, AI SPERA has signed distributor agreements with NHN Techorus to actively engage in joint exhibition operations, aiming to secure ASM and FDS customers within the Japanese market. The company regularly participates in major IT security exhibitions in Japan, including Japan IT Week, Interop Tokyo, and Security Days as part of its annual business activities. Recently, AI SPERA conducted seminars with a focus on Criminal IP ASM, emphasizing the importance of security management through CTI data and ASM. 


Cyber Threat Intelligence Search Engine “Criminal IP”

 

Source : Cyber Threat Intelligence "Criminal IP": Technology partnerships with global enterprises with expansion into the Japanese market

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This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network

Paradise City Successfully Wraps Up Global Campaign Hosting Asian Influencers

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Ultimate K-Culture Experience at Paradise City
"All about K, this is it. Paradise City!"

A FAM tour was held from November 27th to 29th, welcoming influencers from Singapore, Hong Kong region, and Taiwan region K-STAY, K-FUN, and K-FOOD content based on the theme of K-Culture experiences at Paradise City Setting new standards for K-Style staycation by combining the unique charm of art-tainment space content and K-culture

SEOUL, South Korea, Dec. 18, 2023 /PRNewswire/ — Paradise City, East Asia’s first integrated resort, successfully concluded its global campaign on the 29th with Asian influencers, proposing K-style staycation as a new emerging tourism landmark of Korea. 

The familiarization tour, held at Paradise City from November 27th to 29th, invited nine teams of prominent influencers from the Greater China region, active in Singapore, Hong Kong region, and Taiwan region, for K-style hotel staycations in the themes, ▲K-STAY (accommodation), ▲K-Food (Korean food), and K-Fun (activities).

The FAM tour, organized with the slogan "All about K, this is it. Paradise City!" caught people’s attention, featuring influencers with up to 2.25 million subscribers from each nation and region, including ▲JASON from Hong Kong, ▲dotzsoh from Singapore, and ▲眾量級CROWD from Taiwan. Over the three-day event, these influencers experienced a myriad of K-culture experiences, along with Paradise City’s distinctive art-tainment space elements. They will also upload review content on various activities, including accommodation, Korean food, spa facilities, and shopping.

K-STAY – Luxurious Staycation Experience in Korea

Paradise City offered invited influencers a range of accommodations, from luxurious deluxe rooms at the main hotel, the "Paradise Hotel & Resort," to a private pool villa, used as a set for the Netflix series "Single’s Inferno." The luxurious "Art Paradiso," a boutique hotel offering exclusively suite rooms, was highlighted as a perfect venue for wedding proposals or parties with friends.

K-FUN – A Collection of Korean Art-tainment

Influencers who took part in this event explored Paradise City’s collection of Korean art-tainment (a compound word of art and entertainment), including the family entertainment theme park "Wonder Box," the healing spa "Cimer," a fusion of Korean Jjimjilbang(Korean dry sauna) and European sauna, the event-based shopping arcade "Plaza," and art exhibition space "Paradise Art Space."

K-FOOD – Discovering the Authentic Flavor of Korea

Due to the rising popularity of Hallyu (Korean Wave), interest in Korean cuisine increased, flooding the media with Korean food content, including dishes enjoyed by members of BTS and those suggested by Koreans. Paradise City has an array of 36 restaurants and bars serving everything from the hotel’s fine dining to some of the most well-known Korean dishes loved by visitors — like Chimaek (fried chicken and beer), Korean barbecue, Bibimbap, and Gejang (soy sauce marinated crab.) Following the Hallyu trend, influencers dined on a range of Korean dishes, including a full course menu at "SERASE," a contemporary Korean dining restaurant located in the luxury boutique hotel "Art Paradiso" and "traditional soy sauce marinated crabs at "Pro Soy Crab."

Paradise City uploaded a captivating brand campaign video on its official YouTube channel, showcasing the influencers enjoying the K-Style hotel staycation at Paradise City.

A Paradise City spokesperson emphasized, "Paradise City offers a unique space with diverse content that allow guests to embrace K-culture in the most diverse ways. We remain committed to blending Paradise City’s distinctive art-tainment elements with K-culture to set a new standard for K-style staycations for global customers."

Source : Paradise City Successfully Wraps Up Global Campaign Hosting Asian Influencers

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This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network

ANZ Workplace Safety Risks Are Far Too High

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New Global Benchmarking Research Shows Lack of EHS Maturity and Future-Readiness

SYDNEY, Dec. 18, 2023 /PRNewswire/ — As the working year draws to a close, new research shows 97% of Australian and New Zealand workplaces are still too vulnerable to health and safety risks. Of those 8.7% are exposed to unacceptably high levels of risk.

Only 3% of organisations believe they are ready to manage their environmental health and safety (EHS) risks. This is despite increasing advocacy for zero risk in the workplace.

The research shows a central problem is the ability to capture vital data, and then action that data in time to prevent or respond to an incident or crisis. The research included more than 1,000 EHS professionals across 20 industries worldwide, and was undertaken by independent analyst firm Focus Networks.

A staggering 68% of EHS leaders do not have confidence in the quality and quantity of data being captured. (See key findings below.) This is not to say EHS professionals are not keeping their workers safe, but that they believe processes could be made much better. 

‘Behavioural economics tells us that executives are overconfident when assessing an organisation’s ability to respond to future events. And we also know that one of the best antidotes for overconfidence is objective data. A 68% no-confidence vote by EHS professionals is very objective and very telling,’ said Neil Mogridge, managing director of HSI APAC, the company that commissioned the research.

‘Risk management is still in its adolescence. An ineffective or inaccurate evaluation of risk likelihood and severity can be extremely serious in EHS, just as it is in cybersecurity.

‘From a risk perspective, we can’t keep thinking "if this happens", but rather "when this happens". And, if you’re not prepared to answer the "when" question, you either have a healthy appetite for risk or are extremely complacent. Neither are good,’ Mogridge said.

EHS maturity varies across industries. For example, healthcare and construction both have high risk levels, but their maturity is quite different. Healthcare has a maturity score of 63.6 out of 100 and is the best-performing industry. By contrast, the construction industry scored only 49.3 for maturity out of a possible 100, effectively a fail.

In response to the research report, ACTU Assistant Secretary Liam O’Brien said, ‘All working people should have the right to a safe workplace, but the HSI Donesafe research confirms the lack of health and safety capability is all too common in Australia. A key shortcoming is the failure by some businesses to consult and involve workers and their representatives in the design of their health and safety systems, despite workers being the ones who actually perform the work and understand its risks.

‘ACTU research last year supports these new findings, with 20-25 percent of workers saying that employers did not consult or involve them in decision-making about their own health and safety – that has to change.’

But there is good news.

‘There are a small number of big factors that make a difference,’ said Andrew Milroy, author of the report and lead researcher at Focus Networks, the firm HSI Donesafe commissioned to undertake the survey.

‘First, many organisations are in a complexity blizzard. They can barely see the terrain they are on. This is because there are too many disconnected systems.

‘Safety data is typically time-sensitive and too many organisations cannot action data in time. Often people don’t even know where or how to report an issue. So, a simple, integrated system solves many problems,’ Milroy said.

The research also found that most organisations approached health and safety in terms of compliance, rather than as a part of risk management or as an investment in people and culture.

‘Compliance is a grudge purchase. So, it is no wonder people are not engaging with safety systems and don’t adopt better practices. The leadership team needs to change the narrative on health and safety, so it becomes part of the vision,’ Milroy said.

The research shows that best-practice organisations that have integrated technology and data dramatically reduce complexity. They also focus on the safety of the whole person, which goes beyond physical risks to include psychosocial factors such as anxiety and bullying, as well as cybersecurity and privacy.

‘Yes, technology has developed in leaps and bounds, especially in our ability to integrate and use data in real time, but ultimately this is a leadership matter. It is about risk management and corporate culture. It is about the organisation you want to be, not compliance, and if you don’t understand that you will fall further behind,’ said Jose Arcilla, President and COO, HSI.

ENDS

The Report was prepared by Focus Networks and commissioned by HSI.

A full copy of the report can be found here.

 

Key Findings for Decision Makers

Compliance and engagement
75.8% of organizations are compliance-focused and struggle to engage their people

67.1% of organizations are simply "operational" with limited digitization

88.3% of organizations are vulnerable, in one way or another to risk, and falling behind in their EHS processes

70% of EHS leaders are saddled with multiple point solutions versus a multi-solution platform, increasing their lack of data integrity

68% of leaders report gaps in the security and privacy capabilities of their EHS process

Gaining executive support is the leading concern with implementing a new EHS platform

Reducing workplace incidents and injuries is the leading expected outcome of a new EHS platform, followed by the desire to reduce time spent on administrative tasks

An increasing number of respondents, 57%, are focused on consolidating vendors and costs

A major challenge for immature organizations is effectively engaging their staff and workforce on EHS issues.

Lack of connectivity

In terms of connectivity, 47% of participants cited disparate systems as a major capability gap.

The relationship between complexity and technology is misunderstood

State-of-the-art technology can dramatically simplify data collection, analysis and action, yet far too few organizations understand this relationship, instead preferring to keep adding stand-alone technology that is difficult to integrate.

Contemporary and emerging technologies will improve EHS readiness but, so far, only the most mature organizations understand this potential and have acted on it.

Largest capability gaps

The four biggest gaps overall are:

Lack of engagement with staff and workforce Lack of integrated data that can be actioned in real time Low or non-existent resources allocated to psychosocial and mental health challenges Security and privacy issues

Risk Level and EHS Maturity by Industry

Industry

Risk

Maturity Level

Maturity
score out of 100

Oil and gas

Very high

Operational

57.3

Mining and metals

Very high

Operational

56.4

Healthcare

High

Progressive

63.6

Utilities

High

Progressive

61.1

Construction

High

Foundational

49.3

Transport and logistics

High

Operational

52.9

Agriculture

High

Operational

51.1

Manufacturing

Medium

Operational

56.6

Automotive

Medium

Operational

56.7

Retail

Medium

Operational

59.7

Government

Low

Progressive

61.2

Education

Low

Operational

58.2

Methodology

In the second half of 2023, Focus Network, in collaboration with HSI, conducted 1,013 interviews and surveys of EHS decision-makers across the globe, distributed across more than 20 industries.  Respondents were asked a series of questions relating to each component of the EHS function. Responses to these questions were then used to determine maturity for each component. A number of categories were determined for overall mean maturity scores in terms of readiness and in terms of risk.

Global breakdown of responses:  37% North America, 29% ANZ, 26% UK, 7% Other Countries

Organisation size: 41% greater than 1,000 total employees, 59% lower than 1,000 total employees

About HSI Donesafe 

HSI Donesafe, a global integrated EHSQ and ESG software leader, has redefined how modern workplaces realise safer, smarter and more sustainable ways of working. Donesafe is an advanced cloud-native platform for achieving universal regulatory compliance, risk management and data reporting.

Built with next-generation no-code technology, the Donesafe platform boasts 50+ adaptive modules. This unmatched configurability empowers clients to effortlessly co-design their own modules with drag-and-drop ease, unlocking a world of possibilities, all managed within a single source platform.

Used by over 3 million people globally, the Donesafe platform is trusted by the world’s largest organisations, including governments, for its next-level security, privacy, and authentication standards. It delivers a world-class suite of enterprise support services, integration connectivities, and business intelligence (BI) reporting capabilities, designed to keep future-ready workplaces adapting at pace.

For more information, visit: https://www.donesafe.com.

HSI Donesafe is a division of HSI, a global single-source partner for EHS, ESG, training, compliance and professional development solutions with over 40 years of experience supporting enterprises, including many Fortune 500 companies, spanning 22,000 customers across 71 countries.

For more information, visit: https://www.hsi.com.

Source : ANZ Workplace Safety Risks Are Far Too High

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This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network

First Patient Dosed in Clinical Trial of YOLT-201 for the Treatment of Hereditary ATTR-CM

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SHANGHAI, Dec. 17, 2023 /PRNewswire/ — YolTech Therapeutics today announced that the first patient has been dosed with YOLT-201, the company’s first in vivo genome editing candidate being developed as a single dose, potentially curative therapy for hereditary transthyretin amyloidosis with cardiomyopathy (ATTR-CM).

The study by YolTech is a single-arm, open-label, dose-escalation clinical trial (Clinicaltrials.gov: NCT06082050). This trial’s primary objectives are to assess the safety, tolerability, pharmacokinetics and pharmacodynamics of YOLT-201 as well as the identification of an Optimal Biologically Active Dose (OBD).

ATTR-CM, a rare, progressive and debilitating disease. It is caused by the misfolding of unstable Transthyretin Protein (TTR), leading to the deposition of amyloid-like buildup in the myocardial interstitium, causing stiffening of the heart muscle and subsequent heart failure. Studies have reported the median survival time of approximately 3.5 years from the first diagnosis of ATTR-CM if left untreated.

Dr. Yuxuan Wu, Founder and CEO of YolTech, expressed, "The successful FPI in this trial is a significant milestone, representing YolTech’s relentless efforts in the field of in vivo gene editing are gradually becoming a reality. We extend our gratitude to all researchers, partners, and supporters involved in the YOLT-201 project, especially to the dedicated research team at FAHZU for their steadfast support of drug development in vivo gene editing. We believe through this therapeutic intervention, we will provide a novel treatment option for ATTR-CM patients, offering them new hope and an improved quality of life."

This study is a part of YolTech’s series of clinical trials in vivo gene editing. The company remains committed to advancing research in the treatment of ATTR and other diseases. Through close collaboration with the clinical community, we will continue to pursue excellence, push the boundaries of medical technology, and provide more advanced and innovative medical solutions for patients worldwide.

About YOLT-201

YOLT-201 Injection utilizes several lipid components including ionizable lipids as primary excipients to encapsulate mRNA and sgRNA raw materials, forming lipid nanoparticles (LNP). Upon intravenous injection into the body, plasma ApoE protein binds to the surface of LNP particles. Liver cells expressing the LDLR receptor recognize ApoE protein and engulf the LNP through endocytosis, forming endosomes. The decrease in pH within endosomes promotes electrostatic interactions between ionizable lipids and endosomal membranes, leading to membrane disruption and the release of mRNA and sgRNA. mRNA, in the cytoplasm, binds to ribosomes, translating the base editor protein. The base editor protein, in combination with sgRNA, enters the cell nucleus. sgRNA specifically locates the base editor to the TTR gene sequence, and the base editor protein modifies the bases on the target TTR gene, preventing its normal transcription into mRNA. This process stops the production of the TTR protein, achieving the goal of a one-time administration for a comprehensive cure of ATTR diseases.

About YolTech 

YolTech Therapeutics is a pioneering gene editing company dedicated to develop a robust gene editing medicines to treat patients with serious diseases, which has built leading high-throughput evolution platform and innovative LNP deliver system. It possesses strong capability of novel Cas and base editor discovery and exceptional in-house LNP production capacity for GMP manufactory, with independent intellectual property rights and core patent protection globally. It has created a pipeline with 10+ genetic medicines focusing on cardiovascular diseases, metabolic diseases, infectious diseases as well as more common and rare diseases. Leading asset will enter phase I trial by end of 2023.

For more information, please visit: www.yoltx.com 

Source : First Patient Dosed in Clinical Trial of YOLT-201 for the Treatment of Hereditary ATTR-CM

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This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network

Telco regulator asked to review TRUEs service charges and quality

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Four NBTC commissioners propose including True Corporation’s service charges and quality in the meeting agenda, after receiving complaints about decreased quality and increased charges following a merger with DTAC.

NBTC Commissioners Concerned About True Corporation’s Service Charges and Quality

Four members of the National Broadcasting and Telecommunications Commission (NBTC) in Thailand are calling for the regulator to address the service charges and quality of True Corporation following the merger of Total Access Communications Company (DTAC) and True Corporation (TRUE) in March.

They have received numerous complaints from subscribers about decreased mobile phone and internet service quality from TRUE, as well as increased service charges. The commissioners have proposed including this issue on the agenda for their upcoming meeting, highlighting the NBTC’s responsibility to ensure fair service charges and quality telecom services for consumers.

Empowering Sub-committee for Oversight of Merger

The commissioners also mentioned the sub-committee responsible for monitoring the merger between DTAC and TRUE, empowering them to periodically assess the merged entity’s service to ensure compliance with the merger conditions. The merger has resulted in True Corporation’s customer base increasing to 55 million mobile subscribers, surpassing the former market leader, Advanced Services Plc (AIS), which had 45 million subscribers.

Hong Kong Publisher to Stand Trial This Week Under Beijing’s Dissident Crackdown

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Hong Kong Publisher to Stand Trial This Week Under Beijing's Dissident Crackdown

The trial of Hong Kong’s famous activist Jimmy Lai, under China’s crackdown on dissidents, has been delayed for over a year. It’s seen as a test for judicial independence and press freedom.

The trial of Hong Kong’s most famous activist publisher, Jimmy Lai, who was arrested under China’s crackdown on dissidents, is set to begin Monday after being delayed for more than a year. Now, his own freedom is at stake as he faces a possible life sentence if convicted under a national security law imposed by Beijing following the 2019 pro-democracy protests. Lai is charged with colluding with foreign forces to endanger national security and conspiring with others to publish seditious publications in a case seen by many as a trial for press freedom and a test for judicial independence in the former British colony.

Jimmy Lai, founder of Apple Daily, was smuggled into Hong Kong at age 12 and later became an outspoken advocate for democracy. Apple Daily, known for its sometimes outrageous coverage of politics and celebrities, quickly became one of the city’s top-selling newspapers with a strong pro-democracy stance. The newspaper was forced to shut down in June 2021 after Lai was arrested and the authorities raided its offices, accusing them of foreign collusion to endanger national security. As Lai awaits his security trial, he is serving a term of five years and nine months over fraud charges linked to lease violations in a separate case.

Lai’s trial is Hong Kong’s first on charges of collusion with foreign forces, and he also faces sedition charges. Six former Apple Daily executives who were also charged with collusion entered guilty pleas last year, admitting they conspired with Lai to call for sanctions or blockade against Hong Kong or China. The case, according to Eric Lai, a research fellow at Georgetown Center for Asian Law, will impact whether ordinary advocacy activities with foreign parties constitute a crime in the future, saying, “The issue of press freedom, the issue of free expressions, and the issue of free political participation, even overseas, would be tried.”

Source : Hong Kong Publisher to Stand Trial This Week Under Beijing’s Dissident Crackdown

Mirae Asset Celebrates 20-year Anniversary in Hong Kong

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Global X ETFs Hong Kong

HONG KONG, Dec. 17, 2023 /PRNewswire/ — Mirae Asset Global Investments (Hong Kong) Limited (the "Company") is today celebrating the 20th anniversary of its establishment in Hong Kong. Since its incorporation on December 17, 2003, the Company has been committed to serving its clients with a comprehensive range of innovative and intelligent investment products and services. The Company recently introduced several pioneering innovations with its range of exchange-traded funds ("ETFs")  in Hong Kong, including the launch of one of the first thematic ETFs in 2019, the first ETF to be structured as an open-ended fund company in 2020 and the first actively managed ETF investing in China equities in 2021. The Company also launched the first SFC-authorized ESG ETF in Hong Kong in 2020 as well as the first green bond ETF in 2022. The Company continues to benefit from the unique advantages offered by Hong Kong as a gateway to Mainland China. On November 6, 2023, the Company’s Global X Hang Seng Tech ETF (2837) was included in the ETF Connect scheme for Southbound trading between Hong Kong and Mainland China.


Global X ETFs Hong Kong

This anniversary is a significant milestone in the history of Mirae Asset Global Investments Group (the "Group" or "Mirae Asset") as Hong Kong was the first overseas office to be established by the Group and its incorporation marked the first step in Mirae Asset’s global expansion plans. Acting as the main hub for the Group’s cross-border funds business and sales efforts in key overseas markets in the Asia Pacific and Europe, the Company played a prominent role in expanding Mirae Asset’s international presence and global client reach. As of September 30, 2023, the Group has grown to become one of the world’s leading asset management organisations with assets under management of US$212 billion and 22 offices worldwide. [ Source: Mirae Asset, September 30, 2023.] 

Wanyoun Cho, Chief Executive Officer of Mirae Asset Global Investments (Hong Kong) Limited, commenting on the anniversary said: "We are immensely proud to celebrate two decades of success and innovation in Hong Kong and we express our deepest gratitude to the clients, business partners and industry stakeholders that have been part of this incredible journey. Hong Kong is an unrivalled international financial centre that provides us with unique opportunities to access Mainland China’s markets. We remain committed to expanding our presence in this city as we look ahead and plan for the next phase of our growth."  

About Mirae Asset Global Investments Group

Mirae Asset Global Investments Group is an asset management organization with over US$212 billion in assets under management as of September 30, 2023. The organization provides a diverse range of investment products including mutual funds, ETFs, and alternatives. Operating out of 22 offices worldwide, the group has a global team of more than 1,000 employees, including more than 285 investment professionals. [ Source: Mirae Asset, September 30, 2023.]

The Group’s global ETF platform features a line-up of 550 ETFs that offer investors high-quality and cost-efficient exposure to newly emerging investment themes and disruptive technologies in the global markets. As of September 30, 2023, the group’s ETFs had combined assets under management of US$98 billion and are listed in Australia, Canada, Colombia, Hong Kong SAR, India, Japan, Korea, Vietnam, the United Kingdom, and the United States. [ Source: Mirae Asset, September 30, 2023.]

About Global X ETFs

Global X ETFs was founded in 2008. For more than a decade, our mission has been empowering investors with unexplored and intelligent solutions. Our product line-up features over 245 ETF strategies and over US$47 billion in assets under management. [ Source: Mirae Asset, September 30, 2023.] While we are distinguished for our Thematic Growth, Income, and International Access ETFs, we also offer Core, Commodity, and Alpha funds to suit a wide range of investment objectives. Global X is a member of Mirae Asset Global Investments Group, a global leader in financial services.

Global X Hang Seng Tech ETF (2837)

Global X Hang Seng Tech ETF (2837) tracks the Hang Seng TECH index which represents the 30 largest technology companies listed in Hong Kong that have high business exposure to technology themes and pass the index’s screening criteria. It targets those with high business exposure to the selected themes, such as Cloud, Digital, e-commerce, FinTech, Internet and autonomous activities.

Mirae Asset Global Investments (Hong Kong): https://www.am.miraeasset.com.hk/

Global X ETFs Hong Kong: https://www.globalxetfs.com.hk/ 

Important Information

Investors should not base investment decisions on this document alone. Please refer to the Prospectus for details including product features and the risk factors. Investment involves risks. Past performance is not indicative of future performance. There is no guarantee of the repayment of the principal. Investors should note:

Global X Hang Seng TECH ETF (the "Fund") seeks to provide investment results that, before deduction of fees and expenses, closely correspond to the performance of the Hang Seng TECH Index (the "Index"). The Fund’s investments are concentrated in companies with a technology theme. Technology companies are often characterised by relatively higher volatility in price performance. Companies in the technology sector also face intense competition, and there may also be substantial government intervention, which may have an adverse effect on profit margins. These companies are also subject to the risks of loss or impairment of intellectual property rights or licences, cyber security risks resulting in undesirable legal, financial, operational and reputational consequences. The Fund’s investments are concentrated in securities listed on the Stock Exchange of Hong Kong (the "SEHK") of companies that are active in technology sector may result in greater volatility in the value of the Fund than more diverse portfolios which comprise broad-based global investments. The value of the Fund may be more susceptible to adverse economic, political, policy, foreign exchange, liquidity, tax, legal or regulatory event affecting the technology sector. The Index is subject to concentration risk as a result of tracking the performance of securities incorporated in, or with majority of revenue derived from, or with a principal place of business in, the Greater China region. The Fund’s NAV is therefore likely to be more volatile than a broad-based fund. As part of the securities lending transactions, there is a risk of shortfall of collateral value due to inaccurate pricing of the securities lent or change of value of securities lent. This may cause significant losses to the Fund. The borrower may fail to return the securities in a timely manner or at all. The Fund may suffer from a loss or delay when recovering the securities lent out. This may restrict the Fund’s ability in meeting delivery or payment obligations from realisation requests. The trading price of the Fund unit (the "Unit") on the SEHK is driven by market factors such as demand and supply of the Unit. Therefore, the Units may trade at a substantial premium or discount to the Fund’s net asset value. Dividends may be paid from capital or effectively out of capital of the Fund, which may amount to a return or withdrawal of part of an investor’s original investment or from any capital gains attributable to that original investment and result in an immediate reduction in the Net Asset Value per Unit of the Fund.

Disclaimer

This document is for Hong Kong investors only. This document is provided for information and illustrative purposes and is intended for your use only. It is not a solicitation, offer or recommendation to buy or sell any security or other financial instrument. The information contained in this document has been provided as a general market commentary only and does not constitute any form of regulated financial advice, legal, tax or other regulated services.

Certain of the statements contained in this document are statements of future expectations and other forward-looking statements. Views, opinions and estimates may change without notice and are based on a number of assumptions which may or may not eventuate or prove to be accurate. Actual results, performance or events may differ materially from those in such statements.

Investment involves risk. Past performance is not indicative of future performance. It cannot be guaranteed that the performance of the Funds will generate a return and there may be circumstances where no return is generated or the amount invested is lost. It may not be suitable for persons unfamiliar with the underlying securities or who are unwilling or unable to bear the risk of loss and ownership of such investment. Before making any investment decision, investors should read the Prospectus for details and the risk factors. Investors should ensure they fully understand the risks associated with the Funds and should also consider their own investment objective and risk tolerance level. Investors are advised to seek independent professional advice before making any investment.

Information and opinions presented in this document have been obtained or derived from sources which in the opinion of Mirae Asset Global Investments (Hong Kong) Limited ("MAGIHK") are reliable, but we make no representation as to their accuracy or completeness. We accept no liability for a loss arising from the use of this document.

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