• Mainland China retains largest operational capacity in Asia Pacific at 3.8GW
• Beijing and Shanghai the only cities in the region with >1GW operational capacities
• Hong Kong data center space expected to grow 34% in coming three years

HONG KONG SAR – Media OutReach – 28 August 2023 – Data centers across Asia Pacific are growing in scale and new markets are being evaluated for expansion as operators anticipate increased demand from continued digitization and wider adoption of artificial intelligence.

According to Cushman & Wakefield’s latest Asia Pacific Data Centre Update, mainland China retains its position as the dominant data center market in Asia Pacific, with the largest operational capacity at 3.8 gigawatts (GW), almost 40% of the regional total, followed by Japan at 1.1GW and Australia at 1.1GW.

Five cities — Beijing, Shanghai, Singapore, Sydney and Tokyo — account for 62% of the operational data center capacity in Asia Pacific, with Sydney and Tokyo expected to join Beijing and Shanghai in the next one to two years as cities exceeding 1GW of operational capacity.

The region’s primary markets, including Hong Kong, continue to experience growth despite challenges originating from a limited supply of land parcels and power availability. To help support the industry, the Hong Kong government has implemented initiatives such as the Data Centre Facilitation Unit (DCFU), which aims to attract significant investment, enhance infrastructure, facilitate industry collaboration, and ensure a conducive environment for data center operations.

John Siu, Managing Director, Hong Kong at Cushman & Wakefield, said: “Hong Kong is a robust data center market offering excellent regional and global connectivity, and availability of all major cloud networks. As a global financial and business capital, strategic location as a gateway to mainland China and for its globally lowest taxed data center jurisdiction, there has been strong demand from data center investors and operators that have triggered a high volume of transactions over the last few years.

“The tight land supply and waiting times for power supply are challenges to industry expansion. However, we forecast that more than 3 million sq ft of new data center space will be completed in the next three years, representing growth of 34% on current stock. We can expect this supply boost to further attract related technology companies and operators from both the mainland and from overseas to expand in Hong Kong.”

As a result of the supply challenges in primary markets, ancillary locations are also being evaluated as part of expansion strategies. Such emerging markets are now growing rapidly, with Indonesia, Malaysia, the Philippines and Thailand all on track to more than double [>200% increase] their operational capacity over the next five to seven years.

Pritesh Swamy, Director, Data Centers Research & Advisory for APAC and EMEA at Cushman & Wakefield, said that significant land banking in mature markets, coupled with growing data consumption, was leading operators to explore secondary markets.

“The potential capacity of land banks in some mature markets is more than the combined under-construction and planned pipelines. While it could take more than 10 years to develop these land banks, operators have started to explore other locations.”

He said cities with populations of over 1 million were often seen as strategic locations for smaller data centers.

“Smaller data centers can be used to cater for the local population or for operators to show their enterprise clients that they have a presence in strategic markets and growth corridors.”

The report also shows that the scale of individual data centers is increasing. Within the top five markets, the average size of data centers under construction is up 32% to 20MW, from an average size of 15MW for data centers currently in operation. Across the broader Asia Pacific region, the percentage difference is even higher, with the average size of data centers under construction (14.5MW) 57% higher than the average size of operational data centers (9.2MW).

Maturity Index Extrapolates Growth Trajectories to Provide Future Insights

Supplementing the company’s global annual ranking of data center markets, which assesses data center markets on their current status, the latest Asia Pacific Data Centre Update also includes a Markets Maturity Index, which classifies 29 data center cities across four categories (Emerging, Developing, Established and Powerhouse), based on their anticipated evolution over the next five to seven years.

As an example of its application, the Maturity Index classifies Mumbai (which currently has 462MW in operation) ahead of Sydney (724MW) within the Powerhouse category after taking into account, among other factors, its under-construction pipeline of 342MW, which is the highest in APAC.

Beijing, Shanghai and Tokyo also make the Powerhouse category, with each of the five markets having the development pipeline to surpass 2GW in operational capacity over the next five to seven years.

Figure 1: Asia Pacific Markets Maturity Index

Cushman & Wakefield’s Asia Pacific Markets Maturity Index charts the evolution of 29 data center markets based on parameters including the operational, under construction, planned and land banked IT MW capacity. Note that Northern Virginia is not to scale.

Please click here to download the full report.

Note to Editors
The Maturity Index is a statistical comparison evaluating markets on 21 parameters, including the IT MW capacities of each market’s operational, under construction, planned and land banked stages of development, as well as vacancy rates, the number and average size of data centers based on their status, the number of operators that have operational data centers in each market, and the number of new operators planning to enter the market. These data points are stacked into a parameter matrix and weighted to derive their overall growth score – the higher the growth score, the more evolved the market.

Hashtag: #CushmanandWakefield

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About Cushman & Wakefield

Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in approximately 400 offices and 60 countries. In Greater China, a network of 23 offices serves local markets across the region. In 2022, the firm reported global revenue of US$10.1 billion across its core services of valuation, consulting, project & development services, capital markets, project & occupier services, industrial & logistics, retail, and others. It also receives numerous industry and business accolades for its award-winning culture and commitment to Diversity, Equity and Inclusion (DEI), Environmental, Social and Governance (ESG) and more. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.

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• First meeting with US stock exchange management in five years
• With US leading foreign investment, delegation aims to attract more capital inflow to Taiwan

NEW YORK/HONG KONG SAR/SINGAPORE – Media OutReach – 28 August 2023 – The Taiwan Stock Exchange (the “TWSE”) and a delegation of Taiwan’s securities regulatory authority will visit the New York Stock Exchange (the “NYSE”) and Nasdaq and The Depository Trust & Clearing Company (the “DTCC”) in mid-September to engage in discussions with the US exchanges, leading US institutional investors and others to emphasize the advantages of Taiwan’s stock market, enhance investor confidence in the Taiwanese capital market and attract foreign investment to Taiwan.

The visit marks the first high-level meeting between the TWSE, and both Nasdaq and NYSE in the past five years. The delegation will be led by Chen-Shan Chang, Director-General of the Securities and Futures Bureau, an arm of Taiwan’s top financial regulatory authority, the Financial Supervisory Commission, and Sherman Lin, Chairman and CEO of the TWSE. They will engage in discussions with their US counterparts to seek advice and views on topics such as the US move to a T+1 settlement cycle, ESG issues, carbon trading and trends in clearance and settlement.

Lin said, “The meeting will be the largest in-person exchange activity between the TWSE and both Nasdaq and NYSE since 2017, when the TWSE visited the US to attract foreign capital. We highly value this meeting and look forward to the outcomes.”

The US tops foreign capital in Taiwan with 40% share

According to the TWSE, foreign investors play a significant role in Taiwan’s stock market. As of the close of 2022, the US accounted for over 40% of foreign capital in Taiwan’s stock market, making it the largest source of foreign investment. Also, during the visit in September, the Taiwanese delegation will pay individual visits to around 18 US companies that hold a higher proportion of Taiwanese equities in their portfolios, including large-scale asset management companies, banks, index companies, and proxy advisors.

Lin added, “Taiwan places great importance on the US market and US investors. We hope to equip US investors with more in-depth knowledge of the investment potential in the Taiwanese capital market, establish stronger ties with institutional investors, and hence deepen our connections with the key legal representatives of these institutional investors.”

With this visit to the US, the TWSE aims to provide institutional investors in New York and Boston with up-to-date key information on the Taiwanese securities market.

Foreign capital drives up Taiwan stock prices

Taiwan stocks, which have long been sought after by foreign investors, have surged by almost 60% over the past five years with the average daily trading volume more than doubling since 2017.

So far in 2023, the proportion of foreign capital in Taiwan stocks has exceeded 40%, which has driven up stock prices in Taiwan. According to data from the TWSE, as of July 31, Taiwan’s stock market was up 21.27% for the year, second only to the Japanese stock market at 27.12% among Asian stock markets; and the accumulated net overbought position by foreign investors was approximately USD 9.2 billion.

The total revenue of listed companies in Taiwan hit a record high of USD 1.31 trillion in 2022, with an annual growth rate of more than 5%. Judging from the estimated distributable cash for dividends, the estimated dividend yield is close to 5%, ranking among the best in the world. Among the constituent stocks of the Taiwan stock index, listed companies in technology, semiconductors and electronic components have a combined weight of more than 50%.

Lin has introduced multiple new initiatives since taking office in July last year, including the innovative ESG InfoHub and Investment InfoHub – The Taiwan Markets Dashboard launched in July this year to establish a one-stop information service platform to further strengthen the TWSE’s services for international investors.

Along with ESG InfoHub and Investment InfoHub, the TWSE also launched several new key measures in July, including the “Taiwan New Economy Industry Index”, which covers the listed companies of four new categories, namely “Digital and Cloud Services”, “Sports and Leisure”, “Green Energy and Environmental Services”, and “Household”, as well as the “Taiwan Innovation Board Index” to highlight Taiwan’s new economy companies. As part of the effort to promote the Innovation Board, Lin visited in person more than 100 companies with growth potential over the past year.

The Taiwan Carbon Solution Exchange was officially launched on August 7. Lin, who serves as the Chairman of TWSE, also holds the position of Chairman of Taiwan Carbon Solution Exchange.

Hashtag: #TWSE

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About TWSE

The Taiwan Stock Exchange (the “TWSE”) started operations on February 9, 1962. The TWSE is responsible for operating and advancing the Taiwan securities market. The TWSE’s primary business operations include listing, trading, settlement and surveillance. These comprise listing promotion and review, post-listing supervision and corporate governance, maintaining market trading and order, securities firms’ services, investor protection, clearing and settlement operations, safeguarding against market defaults and the monitoring of illegal transactions. The Exchange provides comprehensive services to the stock market.

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HONG KONG SAR – Media OutReach – 28 August 2023 – Kerry Logistics Network Limited (‘Kerry Logistics Network’ or together with its subsidiaries, the ‘Group’ or ‘KLN Group’; Stock Code 0636.HK) today announced the Group’s interim results for the six months ended 30 June 2023.

Group’s Financial Highlights

• Revenue dropped by 47% year-on-year to HK$25,315 million (2022 1H: HK$48,034 million)
• Core operating profit decreased by 84% to HK$568 million (2022 1H: HK$3,461 million)
• Core net profit also dropped by 85% year-on-year to HK$368 million (2022 1H: HK$2,372 million)
• Profit attributable to the Shareholders for 2023 1H was HK$368 million, which represents a year-on-year decrease of 85% (2022 1H: HK$2,377 million)
• Integrated Logistics (‘IL’) business remained stable and recorded a segment profit of HK$718 million (2022 1H: HK$717 million)
• E-commerce and Express (‘E&E’) business recorded a segment loss of HK$505 million (2022 1H: HK$393 million)
• International Freight Forwarding (‘IFF’) business recorded a segment profit of HK$621 million (2022 1H: HK$3,398 million), which represents a drop of 82%
• Interim dividend of 9 HK cents per Share to be payable on or around Friday, 22 September 2023

Vic Cheung, Managing Director of Kerry Logistics Network, said, “In 2023 1H, global trade volume and growth remained subdued. Freight rates and volume stayed depressed while supply chain demand remained stagnant. During the three years ended 31 December 2022, KLN Group’s flexible and innovative supply chain solutions enabled it to benefit from the supply and demand mismatch during the pandemic and achieved exceptionally good results. However, the extraordinary circumstances in 2021 and 2022 proved an anomaly that distorted year-on-year comparisons for logistics companies including KLN Group. After the particularly difficult 2023 Q1, the Group’s overall performance has bottomed out. Although the Group’s core net profit reported a decrease of 85% in year-on-year terms, the performance in 2023 Q2 recorded more than 30% quarter-on-quarter growth. The Group’s resilience, agility and unique position in Asia are expected to carry it through the storm in 2023.”

Integrated Logistics

The overall IL businesses remained stable in 2023 1H. The economic activities in Asia have gradually picked up, with the Group’s IL business in the Mainland of China and the Kerry Siam Seaport in Thailand recording satisfactory results. Yet, the Group’s IL business in Hong Kong did not grow proportionally due to a sharp decline in the demand for pandemic-related services. Nevertheless, the Hong Kong business is expected to improve riding on the economic reopening, further rebound in retail sales and new customer wins.

E-commerce and Express

While the E&E division continued to register a segment loss, Kerry Express Thailand, the major contributor of the E&E business, is expected to stabilise in 2024 Q4. On 25 July 2023, KLN Group announced the transfer of certain companies engaging in express delivery services in the Asia Pacific and Europe to an indirect wholly-owned subsidiary of S.F. Holding as a move to reorient gradually its focus towards expanding the Group’s core IL and IFF businesses, as well as creating greater synergies with S.F. Holding.

International Freight Forwarding

The IFF division reported an 82% decline in segment profit in 2023 1H mainly caused by weak global demand, slower-than-expected recovery in Asia exports and plunged freight rates. As the global logistics market continues to normalise and returns to pre-pandemic levels, both air and ocean freight rates have been going down since 2022 Q3 from the historical highs in 2021, causing further contraction in profit margin compared to that of the corresponding period in 2022.

The Trans-Pacific trade lane remains the major contributor of the Group’s IFF division, which accounted for more than 80% of the business. Although the volume of this trade lane has declined by 22%, the drop in the Group’s IFF business was comparatively smaller, riding on the Group’s scale in this trade lane and its determination to maintain volume and retain customers within the bounds of its profit margin. Therefore, it is expected that when the market turns around, the IFF division is likely to outperform the market.

Vic Cheung concluded, “2023 is shaping up to be a tough year for the global logistics industry. Yet, the extreme circumstances under the pandemic are gradually fading in global logistics activities and there are signs of improvement in both freight rates and volumes in KLN Group’s key markets. Using the pre-pandemic FY 2019 as the base, we are confident to deliver healthy and sustainable Compound Annual Growth Rate (CAGR) growth in segment profits in our IL and IFF divisions. We are also optimistic that the stable performance of the IL business is likely to keep up the momentum in 2023 2H. Within the E&E segment, Kerry Express Thailand is expected to stabilise in 2024 Q4. Throughout the pandemic, KLN Group has supported our customers continually and consistently with flexible alternatives and ad-hoc solutions. The Group’s unwavering commitment to serving customers well under unprecedented market conditions has deepened customers’ trust in the Group which will enable us to capture opportunities when the market recovers.”

Hashtag: #KerryLogisticsNetwork

The issuer is solely responsible for the content of this announcement.

About Kerry Logistics Network Limited (Stock Code 0636.HK)

Kerry Logistics Network is an Asia-based, global 3PL with a highly diversified business portfolio and the strongest coverage in Asia. It offers a broad range of supply chain solutions from integrated logistics, international freight forwarding (air, ocean, road, rail and multimodal), e-commerce and express to industrial project logistics and infrastructure investment.

With a global presence across 59 countries and territories, Kerry Logistics Network has established a solid foothold in half of the world’s emerging markets. Its diverse infrastructure, extensive coverage in international gateways and local expertise span across the Mainland of China, India, Southeast Asia, the CIS, Middle East, LATAM and other locations.

Kerry Logistics Network generated a revenue of over HK$86.6 billion in 2022. It is listed on the Hong Kong Stock Exchange as well as a constituent of the Hang Seng Corporate Sustainability Benchmark Index.

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Malaysian inflation has dropped to a two-year low. What will BNM do next? What will happen to the ringgit exchange rate? The OctaFX financial market analyst Kar Yong Ang shares his opinion.

KUALA LUMPUR, MALAYSIA – Media OutReach – 28 August 2023 – According to the Department of Statistics statement on August 25, Malaysia’s annual consumer inflation fell to 2% in July 2023, a decline from June’s 2.4%. It has shown a moderating trend since January with its 3.7%. This trend can be attributed to slower price increases for food and non-alcoholic beverages, as well as restaurant and hotel services.

‘Inflation rate in Malaysia has now dropped to a two-year low,’ said Kar Yong Ang, the OctaFX financial market analyst, adding that ‘such a decline cannot be ignored by BNM, which will have to signal a weakening of monetary policy or revise the annual inflation forecast.’

The Malaysian ringgit weakened after the CPI report came out, trading at around 4.643 against the U.S. dollar. ‘Nevertheless, the technical picture suggests that USDMYR may decline by 3% in the short term, driven by market expectations of BNM monetary policy easing’, said Kar Yong Ang. ‘The key target for USDMYR is in the range of 4.500-4.520’, he added.

Malaysia’s economic landscape creates a favourable environment marked by growing domestic demand and rising employment. Coupled with lower inflation, this makes a strong background for the national currency to grow throughout the current year.

Hashtag: #OctaFX

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About OctaFX

OctaFX is an international broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and various services already utilised by clients from 180 countries who have opened more than 42 million trading accounts. Free educational webinars, articles, and analytical tools they provide help clients reach their investment goals.

The company is involved in a comprehensive network of charitable and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities.

In the APAC region, OctaFX captured the ‘Best Forex Broker Malaysia 2022’ and the ‘Best Global Broker Asia 2022’ awards from Global Banking and Finance Review and International Business Magazine, respectively.

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First Macau originated startup back by the AEF Greater Bay Area Fund

HONG KONG SAR – Media OutReach – 28 August 2023 – ZENCE OBJECT has achieved a significant milestone by securing a total of $2.5 million in seed funding from the AEF Greater Bay Area Fund (AEF GBA) managed by Gobi Partners GBA (Gobi GBA). This strategic investment is aimed at advancing the realm of sustainable living. Notably, this marks the first instance of AEF GBA’s investment in a Macau-based enterprise, underscoring the potential of this collaboration to catalyze the growth of new eco-conscious ventures in the region. The infusion of funds not only empowers ZENCE OBJECT but also ignites a renewed sense of optimism for the trajectory of Macau’s development.

Pioneering Sustainability: The newly acquired capital will be predominantly channelled into establishing a cutting-edge research and development (R&D) centre and an immersive exhibition facility in Hengqin. These endeavours are poised to accelerate the pace of research and innovation. Additionally, investments will be directed toward setting up a state-of-the-art 1.0 material manufacturing line and processing hub within the Greater Bay Area, bolstering production capabilities. Simultaneously, the funding will facilitate team expansion, optimize operational workflows, and enhance overall managerial efficacy.

This financing round not only infuses ZENCE OBJECT with additional resources but also leverages the practical strategic insights of Gobi GBA and its AEF GBA Fund, fostering the sustainable evolution of green innovations. Beyond bolstering the Greater Bay Area’s progress, this collaboration paves the way for advancements in high-tech, ESG (Environmental, Social, and Governance), eco-friendly materials, the healthcare industry, and green finance. It heralds a transformation within markets and industries, guiding them towards an environmentally conscious and sustainable future.

Debuting under the brand “CHAZENCE,” ZENCE OBJECT’s flagship venture employs breakthrough technological innovation to craft biodegradable Eastern eco-friendly materials, seamlessly integrating them into people’s everyday lives. The product range is crafted from biodegradable constituents such as tea waste, bamboo, bellflower, and discarded Chinese herbs. Transformed into various forms, these materials provide alternatives to conventional plastics, paper, and wood and find utility across a diverse spectrum of products, aligning seamlessly with modern society’s pursuit of sustainability.

The components within “CHAZENCE” have undergone meticulous scrutiny and validation by an expert team comprising scientists, engineers, and cultural specialists. This collaborative effort has yielded tailored materials suited for diverse commercial applications. The tea paper, which is completely biodegradable and sourced without deforestation, the formaldehyde-free tea board with triple the hardness of cement, and the tea plastic, which are both endowed with waterproof, washable, and high-temperature-resistant attributes, ensure an amalgam of quality, safety, and dependability. Furthermore, the trio of groundbreaking technologies – “ tea paper,” “ tea board,” and “ tea plastic “ – are in the process of patent applications across Hong Kong, China, Japan, and the United States.

In just over a year, the project has successfully cultivated collaborations with a host of prominent enterprises and brands, encompassing HEYTEA, AEON MALL, the China Tea Museum, Michelin-starred restaurants in Hong Kong, Macau-based resorts, hospitality and gaming companies, international automobile marques, both traditional and modern tea companies, and various hospitality establishments. The diverse product line offered by CHAZENCE has resonated across numerous markets, capturing the interest of brands and consumers alike, thereby sowing the seeds of a sustainable lifestyle.

Hashtag: #ZENCEOBJECT #CHAZENCE #茶甡 #甡物控股

The issuer is solely responsible for the content of this announcement.

About ZENCE OBJECT

ZENCE OBJECT stands as a pioneering enterprise rooted in the Greater Bay Area, committed to tackling the global challenges of waste and carbon emissions. Their mission revolves around advancing the cause of green sustainability, harnessing innovative technologies and eco-conscious materials to furnish eco-friendly solutions across diverse industries, and contributing to the Environmental, Social, and Governance (ESG) objectives of businesses.

Through transformative technological strides and rejuvenating materials from the East, ZENCE OBJECT is resolutely reshaping the world and enhancing lives.

For more details about ZENCE OBJECT, please visit: www.zenceobject.com

About Gobi Partners GBA

Gobi Partners GBA (Gobi GBA) was established in 2016 as a part of the leading Pan-Asian venture capital platform Gobi Partners. Gobi GBA is the sole general partner (GP) of the Alibaba Hong Kong Entrepreneurs Fund (AEF) as well as the AEF Greater Bay Area Fund (AEF GBA Fund) and has formed strategic partnerships with other renowned financial institutions such as HSBC and Hang Seng Bank.

As of 2022, Gobi GBA has invested in over 70 start-ups across the Greater Bay Area and has fostered the growth of 7 unicorns including Airwallex, Amber, Animoca Brands, GoGoX, Prenetics and more.

https://gobi.vc
https://www.linkedin.com/company/gobi-partners-gba

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Prince Group’s Chairman, Chen Zhi, Bags the Leading Personality of the Year Award

PHNOM PENH, CAMBODIA – Media OutReach – 28 August 2023 – Prince Holding Group, a leading business group in Cambodia, clinched two accolades from The Global Economics Awards, an esteemed program honoring exemplary business entities worldwide for their tenacity and credibility. Neak Oknha Chen Zhi, Prince Group Chairman, was conferred the Leading Personality of the Year Award. Concurrently, the Chen Zhi Scholarship Program by Prince Foundation garnered the Best CSR Initiatives Award.

Hashtag: #PrinceHoldingGroup

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Prince Holding Group

Prince Foundation

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HONG KONG SAR – Media OutReach – 28 August 2023 – HashKey Exchange, the first licensed retail cryptocurrency exchange in Hong Kong, will officially launch on August 28th. As a regulated entity under the supervision of the Securities and Futures Commission of Hong Kong and in collaboration with top-tier banks, HashKey Exchange has pioneered automatic bank transfers for deposits and withdrawals, effectively addressing the industry pain point of frozen accounts and ensuring the security of user assets.

HSK Ecological Points

HashKey Group has introduced HashKey Ecological Points (HSK) to incentivize participants, including users and partners, within the HashKey ecosystem through various use cases. Users can utilize HSK obtained to access special features, enjoy discounted transaction fees, and exclusive benefits on the HashKey platform, among others.

HSK Mystery Box

•Customer Type: Individual customers (including retail customers and individual professional investors)
•All customers who successfully register during the event period will receive a mysterious blind box, which can be opened within 14 days after completing identity verification.
•Event Duration: From 14:00 on August 28th, 2023, to 14:00 on September 4th, 2023 (UTC+8), spanning 7 days.

Super Professional Customer Verification Rewards Event

•Customer Type: Individual professional clients / Corporate / Institutional professional clients
•During the event period, customers who complete verification will receive a generous package of 500 HSK.
•Event Duration: From August 18th, 2023, to September 30th, 2023.
•Contact for Details: [email protected]

Zero Trading Fees

•Customer Type: All customers
•At HashKey Exchange, spot trading incurs no fees. All customers can enjoy zero-rate transactions.
•Details: https://hashkey-pro.zendesk.com/hc/en-gb/articles/20863840032921-Zero-trading-fee-promotion-going-live
•Use item code to get an extra 20 HSK: iezc4, zijaz, ja3o0, 8bjx4, u0xny

API Trading Rewards Event

•Customer Type: All customers
•Trading Type: API trading
•Customers who achieve certain trading volumes and ranking requirements through API trading have a chance to win up to 300,000 HSK as the grand prize.
•Event Start Date: Starting from September 1st, 2023.
•Contact for Details: [email protected]

Upcoming Events

Newcomer Starter Pack
•Customer Type: All customers
•All new customers can receive corresponding HSK rewards by completing beginner tasks. Completing identity verification awards 10 HSK, and an additional 15 HSK can be earned by completing the first transaction.
•Event Start Date: Starting from September 5th, 2023.

Trading Rewards Bonanza

•Customer Type: All customers
•Trading Type: Non-API trading
•During the event period, customers will receive 10 HSK for each trade reaching an equivalent of $10,000.

Hashtag: #HashKeyExchange

The issuer is solely responsible for the content of this announcement.

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