KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 13 September 2024 – The Malaysian economy is growing faster than expected, and the local currency has appreciated quite noticeably. However, the central bank has maintained the interest rate at 3.00%, in accordance with the economists’ expectations. Still, Octa analysts expect that the BNM may soon lower the rates.
Bank Negara Malaysia (BNM), Malaysia’s central bank, announced its policy rate decision on Thursday, 5 September. Like most central banks worldwide, BNM strives to balance low inflation and sustainable economic growth. Its key monetary policy instrument is the Overnight Policy Rate (OPR). By adjusting the OPR, BNM influences interest rates throughout the Malaysian economy, impacting borrowing costs for businesses and consumers and ultimately influencing economic activity and inflation.
Malaysia inflation and interest rate vs USDMYR exchange rate
It was a difficult decision for the central bank to maintain the interest rate at its current level. The bank is trying to strike a delicate balance between a strong economy and potentially incendiary inflation on the one hand and a dovish Federal Reserve (Fed) and appreciating ringgit on the other. According to the latest data published on 16 August, the annual growth rate of the gross domestic product (GDP) accelerated to 5.9% in Q2 2024, its fastest pace in 18 months. Economic growth for 2024 is expected to exceed the central bank’s forecast of 4-5%, driven by a continued increase in consumer spending and a recovery in exports. ‘Lowering borrowing costs when the economy is expanding risks spurring inflation, especially given that the government continues to gradually phase out subsidies programs,’ says Kar Yong Ang, a financial market analyst at Octa broker. However, inflation seems to have stabilised lately. Malaysia’s consumer price index (CPI) rose 2.0% in July from a year earlier, matching the increases of the previous two months. Furthermore, the rise was slightly less than the 2.1% increase forecast in a Reuters poll.
Meanwhile, the Malaysian ringgit has strengthened against the US dollar, significantly reducing import prices. Indeed, Octa analysts expect Malaysian inflation to remain low in Q4 due to strong ringgit. At the same time, many countries are gradually reducing or have already reduced interest rates. The BNM’s decision to keep the rates unchanged is somewhat controversial. ‘It was a tough decision to make,’ argues Kar Yong Ang. ‘BNM is probably thinking about how and when to cut the rate so that it does not fall far behind other central banks––especially the Fed. However, the BNM did not choose to lower rates ahead of the Fed. A sharp fall in USDMYR supports the case for a rate cut later this year as inflation risks seem to be well-anchored at this point.’
Still, a recent Reuters poll of economists expects the BNM to maintain interest rates at their current levels until the end of 2026.
‘As we expected, BNM held the rates unchanged, but the likelihood of a reduction in the near term has increased,’ says Kar Yong Ang, adding that future decisions will largely depend on what the Fed does and on the overall economic conditions in the global market. In particular, the appreciation of the domestic currency, which is currently taking place, has a negative impact on exports but also helps push inflation down. There is also a trend towards lower interest rates, followed by other countries in the region––notably, the Reserve Bank of New Zealand (RBNZ) and the Central Bank of the Philippines have lowered rates in recent weeks.
‘We anticipate a decrease in the interest rate either this year or in Q1,’ said Kar Yong Ang. Octa analysts expect USDMYR to drop below 4.250 in the near term.
Hashtag: #Octa
The issuer is solely responsible for the content of this announcement.
Octa
Octa 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 used by clients from 180 countries who have opened more than 52 million trading accounts. To help its clients reach their investment goals, Octa offers free educational webinars, articles, and analytical tools.
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, Octa received the ‘Best Trading Platform Malaysia 2024’ and the ‘Most Reliable Broker Asia 2023’ awards from Brands and Business Magazine and International Global Forex Awards, respectively.
VinFast is responding to the evolving electric vehicle (EV) market with a customer-centric philosophy focused on affordability, quality, and comprehensive after-sales support. This is reflected in its diverse model range and expansion into emerging markets, positioning the company for sustained growth.
HANOI, VIETNAM – Media OutReach Newswire – 12 September 2024 – The EV market, while still expanding, has fallen short of the ambitious growth trajectory envisioned by automakers. Consequently, many established manufacturers are scaling back their aggressive electrification timelines.
VinFast EV manufacturing complex in Hai Phong, Vietnam
While some automakers are hedging their bets with hybrid models, others are doubling down on their vision for an all-electric future. To achieve this, they’re recognizing the need to transition from catering to early adopters to making electric vehicles more accessible to the mass market.
VinFast, a Vietnamese pure-play EV manufacturer, is meeting this challenge head-on with a customer-centric approach. Their commitment to “premium-quality product, inclusive price, and outstanding aftersales policy” aims to tackle the common concerns of potential EV buyers.
With price being the most significant hurdle to mainstream adoption, VinFast has introduced, or is planning to introduce, more affordable EV models across virtually all its operational markets. Consumers in Vietnam enjoy the broadest selection of VinFast vehicles, including their most budget-friendly model, the VF 3, priced starting from $10,000 with their innovative battery subscription model. The record-breaking 27,400 non-refundable pre-orders in May underscore the model’s resonance in a market where car ownership remains a distant dream for many. It’s anticipated that the VF 3, with its blend of affordability, style, and practicality, will redefine mobility in the broader Southeast Asia, much like how motorcycles once did.
In the US and the EU, reports suggest that VinFast may introduce more affordable SUVs like the VF 6, positioned below the current VF 8 in terms of price. Their arrival in these markets, while still not official, is eagerly awaited by those seeking a more affordable entry point into the VinFast ecosystem.
VinFast’s comprehensive lineup empowers them to cater to diverse market demands. Moreover, all VinFast vehicles have garnered praise for their handling and driving experience, both from casual customers and professional reviewers, complemented by an array of smart and practical features. For instance, the VF 8, one of VinFast’s flagship models, boasts a spacious interior, advanced driver-assistance systems, and a range that rivals many established competitors.
The company’s dedication to exceptional customer service and aftersales support, characterized by extended warranties and comprehensive service offerings, further solidifies their commitment to providing value and reassurance to buyers. The up-to-10-year warranty offered on VinFast vehicles stands as a testament to their confidence in the quality and longevity of their products, setting a new benchmark in the industry.
VinFast’s strategic focus might also stem from the realization that while the EV market in developed regions like the US and Europe may be experiencing a slowdown, other markets, such as Southeast Asia and the Middle East, present promising prospects.
The young company is actively expanding its reach into these regions, tapping into a growing interest in the EV transition. In the Middle East, VinFast has made significant strides, securing agreements with distributors, opening its first showroom, and establishing a regional headquarters. These strategic moves not only open doors to new customer bases but also lay the groundwork for future expansion into other promising markets in the region.
VinFast’s proactive approach to catering to customer needs, coupled with its expansion into emerging markets, positions the company as a compelling player in the ever-evolving EV landscape.
Taking place on September 14, this one-of-a-kind event showcases Macau’s incredible gastronomic heritage through a variety of Portuguese and Chinese regional delicacies, highlighting the hotel’s commitment to creating unique and inspiring experiences
MACAU SAR – Media OutReach Newswire – 12 September 2024 – Andaz Macau, the dynamic lifestyle hotel concept at Galaxy Macau™, celebrates its one-year anniversary this month with a spectacular Sino-Luso Gastronomic Bazaar showcasing Macau’s incredible gastronomic heritage. Taking place at Andaz Kitchen – Level 6, North Tower of Andaz Macau from 12 noon on September 14, this one-of-a-kind event will give guests the opportunity to experience a wide range of authentic regional delicacies from Portugal and China, along with handpicked wines and spirits, and live music.
Andaz Macau, the dynamic lifestyle hotel concept at Galaxy Macau™, celebrates its one-year anniversary this month with a spectacular Sino-Luso Gastronomic Bazaar showcasing Macau’s incredible gastronomic heritage.
Underlining Macau’s status as a global dining hub and a UNESCO Creative City of Gastronomy, the event also supports the Macau SAR Government’s ‘Tourism + Gastronomy’ initiative and the efforts to develop the city into a World Center of Tourism and Leisure.
Portuguese coastal seafood or fiery Sichuan favorites, comforting desserts or creative cocktails, the vibrant celebration is all about finding what you love and sharing them with the ones you love.
This bazaar caps a hugely successful first year for Andaz Macau, which officially opened on September 15, 2023. The largest Andaz hotel in the world, with over 700 rooms and suites, Andaz Macau has already won a host of accolades and awards, including The Best Hotels in Macau Top 5 in the Travel + Leisure Luxury Awards Asia Pacific 2024, the Most Anticipated New Hotel of the Year 2023 on HotelShare Media, Best New Hotel in China in the TTG China Travel Awards, and Best Trendy Hotel in The Bund Design Hotel Awards.
An all-day dining neighborhood destination featuring live-action cooking where chefs create Portuguese, Macanese and neighborhood dishes. In a nod to the maritime history of Macau, wooden archways are built into the interiors above, and the Portuguese mosaic tiles (azulejos) on the floor are a reminder of the city’s European heritage.
Meaning “personal style” in Hindi, Andaz is known for celebrating the individuality of each guest, and creating inspiring experiences that bring each destination to life through a kaleidoscope of local culture. Andaz Macau is also home to dynamic culinary venues, where guests can experience authentic flavors of Macau and classic dishes from around the world. Andaz Kitchen is an all-day dining destination featuring live-action cooking displays, where guests can enjoy Portuguese and neighborhood cuisines. Guests can savor creative cocktails prepared by our mixologists or local beers in Andaz Bar.
From the northern Portuguese region of Trás-os-Montes and Douro, guests can enjoy Bola de Carne à Transmontana (Smoked Charcuterie and Olive Oil Bread), Cozido à Portuguesa (Portuguese Meat and Vegetable Stew), and Toucinho do Céu (Egg and Almond Cake), etc.
The central Portuguese regions of Beiras and Estremadura offer such delicacies as Sopa de Peixe da Nazaré (Seafood Soup), Pataniscas de Bacalhau (Codfish Flat Cakes with Tomato Rice), Arroz de Cabidela (Chicken and Blood Rice),etc.
From the southern regions of Alentejo and the Algarve, visitors can enjoy Sopa Alentejana com Bacalhau (Garlic and Coriander Soup with Sourdough and Codfish), Carne de Porco à Alentejana (Braised Pork Collar with Clams and Fried Potatoes), Sericaia (Cinnamon and Egg Clay Cake), etc.
And from the islands of Madeira and the Azores come dishes such as Polvo Guisado dos Açores (Red Wine Stewed Octopus with Garlic Olive Oil), etc.
A nod to Macau’s cultural diversity, the bazaar brings the culinary landscape of Portugal and China to life through the expertise of Andaz Macau’s Portuguese Executive Chef André and the Chefs de Cuisine of Galaxy Macau’s Chinese restaurants—Bei Shan Lou, Spicy Sichuan and Pak Loh Chiu Chow Restaurant.
Providing even more tempting options, regional signature dishes from the North, West, and South of China will be served up by the talented chefs from some of Galaxy Macau’s best-loved restaurants, including Bei Shan Lou, Spicy Sichuan, and Pak Loh Chiu Chow Restaurant, offering visitors from near and far the opportunity to expand their culinary horizons while immersing themselves in Macau’s unique gastronomic heritage. Guests can wash it all down with Poncha from Madeira, wines from famous Portuguese regions such as Douro and Dão, and wine from Ningxia. Enhancing the celebratory atmosphere, meanwhile, will be an eclectic live music.
Entry to the bazaar is free, allowing visitors to create their own unique culinary journey by purchasing tokens and exchanging them for their choice of dishes and beverages. One token is priced at MOP 38, while multiple token packages are also available at MOP 168 (5 tokens), MOP 328 (10 tokens), and MOP 628 (20 tokens).
Time: 12:00 – 24:00, Saturday, September 14, 2024 Location: Andaz Kitchen – Level 6, North Tower, Andaz Macau Discount: Enjoy up to 20% of Food & Drinks Tokens discount with your ICBC Galaxy Macau Credit Card Book Hotline: +853 8883 2221 (*Free Entry)
Hashtag: #GalaxyMacau
The issuer is solely responsible for the content of this announcement.
ABOUT GALAXY MACAU INTEGRATED RESORT
Galaxy Macau™, The World-class Luxury Integrated Resort delivers the “Most Spectacular Entertainment and Leisure Destination in the World”. Developed at an investment of HK$43 billion, the property covers 1.1 million-square-meter of unique entertainment and leisure attractions that are unlike anything else in Macau. Eight award-winning world-class luxury hotels provide close to 5,000 rooms, suites and villas. They include Banyan Tree Macau, Galaxy Hotel™, Hotel Okura Macau, JW Marriott Hotel Macau, The Ritz-Carlton, Macau, Broadway Hotel, Raffles at Galaxy Macau, Andaz Macau. Unique to Galaxy Macau, the 75,000-square-meter Grand Resort Deck features the world’s longest Skytop Adventure Rapids at 575-meters, the largest Skytop Wave Pool with waves up to 1.5-meters high and 150-meters pristine white sand beach. Two five-star spas from Banyan Tree Spa Macau and The Ritz- Carlton Spa, Macau help guests relax and rejuvenate.
As the dining destination in Asia, Galaxy Macau offers a wide variety of gastronomic delights, exquisite experiences and ingredients of the finest quality with over 120 dining options from Michelin dining to authentic delicacies.
Embark on a delightful and rewarding journey at Galaxy Promenade, the one-stop shopping destination boasting some of the world’s most iconic luxury brands. Be the first to get the latest limited-edition items; explore fascinating pop-ups by coveted labels and revel in fabulous shopping rewards and privileges. Our VIPs are entitled to a highly-curated experience with dedicated personal shoppers at guests’ service, and be invited to exclusive luxury brand events. A different caliber of privileges and rewards also await. Discover the joys of fashion and stand at the forefront of style and sophistication—Galaxy Promenade has everything guests need to stay ahead of the style game.
Galaxy Cinemas takes immersive movie experiences to the next level with the latest audio-visual technology, ultra-luxurious facilities and bespoke services; CHINA ROUGE, one-of-a-kind deluxe lounge that evokes the glitz and glamor of Shanghai’s golden era with entertainment in luxury and style; and Foot Hub presents the traditional art of reflexology to make you feel more relaxed and revitalized. For Authentic Macau Flavors & Vibrant Asian Experiences, Broadway Macau – just a 90-second walk via a bridge from Galaxy Macau, has over 35 Authentic Macau & Asian Flavors at its Broadway Food Street. The 2,500-seat Broadway Theatre plays host to world-class entertainers and a diverse array of cultural events.
Meeting, incentive and banquet groups are also well looked after with a portfolio of unique venues in Galaxy Macau and a professional service staff. Galaxy International Convention Center (GICC) is the latest addition to the Group’s ever-expanding integrated resort precinct and will usher in a new era for the MICE industry in Macau. GICC is a world- class event venue featuring 40,000-square-meter of total flexible MICE, and a 16,000-seat Galaxy Arena – the largest indoor arena in Macau.
Transforming the serviced apartment tower into Kimpton Xujiahui Shanghai will strengthen the offerings of the complex and the Xujiahui district
HONG KONG SAR & SHANGHAI, CHINA – Media OutReach Newswire – 12 September 2024 – Hang Lung Group (SEHK stock code: 00010) (“Hang Lung” or “the Group”) today announced that its terraced Grand Gateway 66 Serviced Apartment, located within the Group’s Grand Gateway 66 commercial complex in Shanghai, will be revitalized with the introduction of Kimpton Hotels & Restaurants—a luxury boutique brand under InterContinental Hotels Group (“IHG”). Named Kimpton Xujiahui Shanghai and scheduled to open by the end of 2026, the hotel will not only enhance the competitive advantage of Grand Gateway 66 but will inject vitality into the Xujiahui business district, providing a new urban luxury living experience.
Mr. Weber Lo, Chief Executive Officer of Hang Lung Group (left), and Mr. Daniel Aylmer, Chief Executive Officer of IHG Greater China (right), sign the agreement to transform the Grand Gateway 66 Serviced Apartment into Kimpton Xujiahui Shanghai
Seamlessly connected to Grand Gateway 66, a hub of luxury brands and experiences, Kimpton Xujiahui Shanghai will offer an integrated lifestyle that encompasses dining, living, travel, shopping, and entertainment, meeting the demands of business and leisure travelers for personalization and perfectly aligning with Hang Lung’s vision to create compelling spaces that enrich lives. The hotel will feature 149 guestrooms, a rooftop garden, a sky terrace, and an outdoor swimming pool, offering an oasis of relaxation amid the hustle and bustle of the city.
(From left to right) Mr. Symon Bridle, Consultant – Hotel, Hang Lung Properties; Mr. Derek Pang, Senior Director – Mainland Business Operation, Hang Lung Properties; Mr. Weber Lo, Chief Executive Officer of Hang Lung Group; Mr. Daniel Aylmer, Chief Executive Officer of IHG Greater China; Mr. Kent Sun, Chief Development Officer of IHG Greater China; and Mr. Peter Zhou, Vice President of IHG Greater China at the signing ceremony for Kimpton Xujiahui Shanghai
Mr. Weber Lo, Chief Executive Officer of Hang Lung Group, said, “Grand Gateway 66, Hang Lung’s inaugural project in mainland China, has stood as one of the most iconic commercial complexes in the heart of Xujiahui business district since it opened its doors. Our partnership with InterContinental Hotels Group to transform the Grand Gateway 66 Serviced Apartment into Kimpton Xujiahui Shanghai marks a significant step in enhancing the complex’s positioning as the ‘GATEWAY TO INSPIRATION,’ as well as its international and domestic appeal. This initiative reflects our long-term commitment to Xujiahui district, elevating its offerings and status while addressing the demand for luxury hospitality in the area. It is our vision to infuse inspiration, energy, and vibrancy into the city of Shanghai, thereby strengthening our presence in the commercial real estate market.”
Daniel Aylmer, CEO, IHG Greater China, said, “Entering Greater China for 49 years, IHG has been dedicated to this market, with a strong focus on expanding our Luxury & Lifestyle portfolio in top-tier cities. The launch of Kimpton Xujiahui Shanghai marks an important step in bringing the Kimpton brand to a wider guest and expand our footprint in the luxury and boutique hotel sector in key cities. We are excited to partner with the Hang Lung Group to create a premier lifestyle destination in Xujiahui commercial hub, establishing Kimpton Xujiahui Shanghai as a new landmark with vibrant urban social experiences. Looking ahead, we are eager to further expand our portfolio of Luxury & Lifestyle hotels across Greater China, catering to the diverse and personalized travel needs of our global guests.”
Kimpton Xujiahui Shanghai is expected to open by the end of 2026, bringing a new urban luxury lifestyle to the heart of the Xujiahui business district (Remarks: the photo is an artist’s impression for reference only)
Guided by a design-first ethos, Kimpton Xujiahui Shanghai will draw inspiration from Shanghai’s vibrant culture and architectural heritage. The hotel’s exterior will blend the original structure with elegantly curved rooflines and ridges, embodying the unique spatial rhythm of the city. In line with the project’s luxury positioning, Grand Gateway 66 will curate a diverse array of premium experiences along with the hotel for discerning customers, setting new trends in Xujiahui and opening new avenues for consumption growth while further integrating Shanghai’s high-end business, cultural, and tourism sectors. Hashtag: #HangLungGroup
The issuer is solely responsible for the content of this announcement.
About Hang Lung Group
Hang Lung Group Limited (SEHK stock code: 00010) is one of Hong Kong’s most established listed companies with more than 60 years of experience in the property development market.
Through our subsidiary Hang Lung Properties Limited (SEHK stock code: 00101), the Group develops and manages a diversified portfolio of world-class properties in Hong Kong and the nine Mainland cities of Shanghai, Shenyang, Jinan, Wuxi, Tianjin, Dalian, Kunming, Wuhan and Hangzhou. With its luxury positioning under the “66” brand, the Group’s Mainland portfolio has established its leading position as the “Pulse of the City”.
Base Therapeutics’ AccuBase® Base Editor Receives Overseas Patent Authorization
HONG KONG SAR – Media Outreach Newswire – 12 September 2024 – Base Therapeutics recently announced the completion of its A2 round financing, raising tens of millions of RMB. This round of financing was led by AEF Greater Bay Area Fund, managed by Gobi Partners GBA and will be used to strengthen Base Therapeutics’ R&D team, optimize its product pipeline, accelerate clinical trials, and pave the way for future commercialization. Additionally, the company plans to establish a presence in the Greater Bay Area, with Hong Kong as its core, to support internationalization efforts, continuous R&D, innovation, and international cooperation and exchange activities.
(Base Therapeutics and Gobi Partners GBA signed an MOU at the Belt and Road Summit to support Base Therapeutics’ expansion into the Belt and Road market, starting with a Hong Kong operation. From left to right: Dr Grace Lau, Head of Institute for Translational Research of Hong Kong Science and Technology Parks Corporation, Mr Charles Ng, Associate Director-General of InvestHK, Dr Tianhong Xu, founder and CEO of Base Therapeutics, Mr Fred Li, Senior Executive Director of Gobi Partners GBA, Mr Nicholas Ho, Commissioner for Belt and Road of The Government of the Hong Kong Special Administrative Region of the People’s Republic of China)
Base Therapeutics was founded in 2021 and is a technology-driven innovative enterprise focusing on foundational innovations in gene editing. It is a global pioneer in base editing and cell gene therapy research and development. Since its inception, the company has been committed to developing world-first cell therapies and gene editing products, particularly showing great promise in treating cancers and genetic diseases.
Base Therapeutics has developed a series of core technologies in the field of gene editing, including ePE lead editing, the AccuBase® base editing system, CasH gene editing technology, BEAT-CART technology, and in vivo targeted delivery technology. Among these, the AccuBase® base editing system possesses globally free-to-operate (FTO) characteristics, enabling efficient and zero-off-target gene editing both in vitro and in vivo. This is also the world’s first Base Editing targeted NK cell therapy product, which uses base editing to confer target specificity to NK cells.
The company has built a nearly 2,500 square meter GMP cell production facility that meets the requirements for clinical-grade cell therapy research and production. Base Therapeutics’ pipeline also includes multiple base-edited NK cell products targeting hematological malignancies and autoimmune diseases, as well as universal CAR immunotherapy products and in vivo gene editing.
In terms of external collaborations, Base Therapeutics has licensed its AccuBase® base editing technology non-exclusively to leading CAR-T cell therapy companies internationally. The company also collaborates with agricultural enterprises to develop thornless fish using base editing technology and explores applications in crop improvement and livestock genetic modification.
Base Therapeutics has cumulatively received tens of millions of dollars in seed and Series A investments, backed by top-tier international biopharmaceutical venture capital institutions. The company has won numerous honors, including second place in the national finals of the 12th China Innovation and Entrepreneurship Competition. It also holds 29 intellectual property applications covering software copyrights, utility model patents, national invention patents, PCT, and US patents.
Dr. Tianhong Xu, Founder and CEO of Base Therapeutics, expressed enthusiasm about the strategic partnership with Gobi Partners GBA. “Gobi Partners GBA’s investment is a strong endorsement of Base Therapeutics’ groundbreaking gene editing technology and our team’s vision to revolutionize healthcare. With their deep understanding of the Greater Bay Area market and extensive global network, we are confident in accelerating our expansion into Hong Kong and beyond. This partnership is instrumental in advancing our clinical trials, forging strategic collaborations, and ultimately delivering life-changing therapies to patients worldwide.”
As Fred Li, Senior Executive Director of Gobi Partners GBA noted, “Base Therapeutics is a promising investment opportunity in the Greater Bay Area. Their groundbreaking work in gene editing aligns with our focus on supporting cutting-edge healthcare technologies. We are confident that their expansion into Hong Kong will further strengthen their position in the global healthcare technology market and drive innovation.”
(Visiting Base Therapeutics’ Laboratory in Shanghai. From left to right: Mr Jimmy Ng, Investment Director of Gobi Partners GBA, Prof. Xingxu Huang, co-founder and Chief Scientific Advisor of Base Therapeutics, Mr Thomas Tang, Analyst of Gobi Partners GBA, Mr Fred Li, Senior Executive Director of Gobi Partners GBA and , Dr Tianhong Xu, founder and CEO of Base Therapeutics)
About Gobi Partners GBA (Gobi 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 general partner of the Alibaba Hong Kong Entrepreneurs Fund, L.P.（AEF）as well as the AEF Greater Bay Area Fund LPF, and has formed strategic partnerships with other renowned financial institutions such as HSBC and Hang Seng Bank.
As of 2023, Gobi GBA has invested in over 80 startups across the Greater Bay Area and has fostered the growth of 8 unicorns including Airwallex, Amber, Animoca Brands, GoGoX, Prenetics, and more.
About Base Therapeutics On August 20, 2024, Base Therapeutics announced that its AccuBase® base editor has officially received authorization for two patents from the United States Patent and Trademark Office (USPTO). This marks that both of Base Therapeutics’ AccuBase® technologies have secured patent protection in China and overseas markets. Base Therapeutics’ strategic positioning in the gene editing field is at the forefront internationally, making it one of the biopharmaceutical companies with the most authorizations domestically and abroad.
AccuBase® Technology Highlights:
Extremely low off-target effects.
Demonstrated highly efficient and stable editing performance in various in vitro and in vivo environments.
The protein form of AccuBase® is commercialized, being the only available base editing protein worldwide, and comes in both research and GMP grades.
Has received multiple patent authorizations domestically and internationally.
Possesses characteristics allowing for freedom to operate (FTO) globally.
Products Developed Based on AccuBase®:
NK510: Editing efficiency up to 95% in primary NK cells; IND application completed in China, expected to file an IND application in the U.S. in September.
NK510 and NK520: Multiple Investigator Initiated Trials (IITs) conducted, preliminary safety and efficacy for solid tumors have been confirmed.
In the field of in vivo gene therapy, combined with Base Therapeutics’ proprietary delivery system, AccuBase® achieves over 80% editing efficiency in the liver, with multiple in vivo gene therapy products under development.
Collaborations and Licensing:
AccuBase® has been licensed to a renowned international CAR-T company, achieving multi-million dollar upfront payments and milestone payments.
Beyond internal R&D, Base Therapeutics collaborates with other biopharmaceutical companies to develop cell products.
Dr. Tianhong Xu, founder and CEO of Base Therapeutics, stated: “Base Therapeutics will continue to innovate technologically and develop products to strive to become a leader in the global gene editing field, driving industry progress and bringing revolutionary treatment options to patients worldwide.” Hashtag: #BaseTherapeutics
The issuer is solely responsible for the content of this announcement.
Base Therapeutics
Base Therapeutics was founded in 2021 and is a technology-driven innovative enterprise focusing on foundational innovations in gene editing. It is a global pioneer in base editing and cell gene therapy research and development. Since its inception, the company has been committed to developing world-first cell therapies and gene editing products, particularly showing great promise in treating cancers and genetic diseases.
Base Therapeutics has developed a series of core technologies in the field of gene editing, including ePE lead editing, the AccuBase® base editing system, CasH gene editing technology, BEAT-CART technology, and in vivo targeted delivery technology. Among these, the AccuBase® base editing system possesses globally free-to-operate (FTO) characteristics, enabling efficient and zero-off-target gene editing both in vitro and in vivo. This is also the world’s first Base Editing targeted NK cell therapy product, which uses base editing to confer target specificity to NK cells.
SINGAPORE – Media OutReach Newswire – 12 September 2024 – Charis Manor Nursing Home, a leading elderly home in Singapore, is proud to announce the launch of a new Graduate Certificate in Mental Health programme offered by Edith Cowan University (ECU) at CSM Academy. This healthcare course, designed for aspiring healthcare professionals seeking to specialise in mental health care, reflects Charis Manor’s commitment to nurturing future generations of healthcare professionals through a unique and enriching learning environment.
Charis Manor’s Certification and Externship Focus on Elderly Mental Health Care
About the Graduate Certificate in Mental Health
The Graduate Certificate in Mental Health starting in February 2025 catering to students seeking advanced qualifications in this crucial area. The healthcare course has garnered significant interest since the COVID-19 pandemic highlighted the importance of mental well-being for all age groups, particularly the elderly population.
Our new Graduate Certificate in Mental Health is a milestone in elder care education,” said Dr Rashid, Director of Community Outreach “By combining rigorous academic training with hands-on externship opportunities, we are preparing the next generation of healthcare professionals to address the complex mental health needs of our aging population.
Mental health among the elderly is a pressing issue in Singapore, often overlooked or underestimated. The monotony of daily life, coupled with limited opportunities for interaction, can lead to feelings of loneliness, depression, and anxiety, significantly impacting their overall well-being and quality of life.
While elderly individuals at home may benefit from the familiarity of their surroundings, they can still experience feelings of isolation and loneliness. Old age homes or nursing care facilities, on the other hand, offer a structured environment designed to support both physical and mental well-being. With expert medical care, engaging activities, and companionship, nursing homes provide a comprehensive approach to caring for seniors. Staff members trained in clinical care, mental health, and dementia support can help identify and address emotional needs, fostering a sense of belonging and connection.
For those caring for elderly family members at home, understanding mental health is crucial. The Graduate Certificate in Mental Health is designed to equip caregivers and healthcare professionals with the knowledge and skills necessary to address specific mental health needs, especially among the elderly population. With a better understanding of the unique challenges faced by seniors, graduates of this programme will be well-prepared to develop and implement effective interventions. It will also allow them to promote mental well-being and prevent the onset of mental health disorders among this vulnerable group.
Externship: Experiential Learning for Students, Enhanced Wellbeing for Residents
Charis Manor Nursing Home, established by CSM Academy International Group Pte Ltd, offers more than just theoretical education. This private nursing home facility in Singapore provides students with hands-on learning experience through its on-site externship programme. Unlike traditional classroom settings, students at Charis Manor gain invaluable practical training by observing real-life situations and interacting directly with residents.
This externship approach allows students to:
Witness and participate in everyday care routines for elderly residents.
Engage in role-playing exercises that simulate real-world scenarios.
Utilise the nursing home’s facilities for practical training purposes.
Elderly residents at Charis Manor will also be able to enjoy positive social interaction with the younger generation. This interaction in turn helps to:
Combat feelings of loneliness and isolation commonly experienced by some seniors.
Improve mental well-being by providing opportunities for conversation and connection.
Foster a sense of belonging and connection to the outside world through exposure to current trends and updates.
It is a unique arrangement that creates a mutually beneficial environment where both students and residents can flourish.
The Future of Nursing
“By offering the Graduate Certificate in Mental Health and a unique externship programme, we shape the future of elder care by providing aspiring nurses with the knowledge and practical skills required to deliver exceptional and compassionate mental health care to the elderly population,” shared Dr Rashid, Director of Community Outreach.
Individuals interested in pursuing this healthcare course can browse and enrol in programmes directly through the Charis Manor Nursing Home website: https://www.charismanor.com/product-category/nursing-course/. Hashtag: #ElderCare #CharisManor #SingaporeHealthcare
The issuer is solely responsible for the content of this announcement.
About Charis Manor
Charis Manor Nursing Home, a subsidiary of CSM Academy International Group Pte Ltd, is committed to providing exceptional care for the elderly while fostering a nurturing environment for future nursing professionals. The facility offers a comfortable and homely atmosphere, where residents can enjoy a high quality of life. With a focus on holistic well-being, Charis Manor provides comprehensive care services, including medical attention, social activities, and personalised support. By combining expert care with a warm and welcoming environment, the team strives to create a thriving community where residents can age with dignity and purpose.
The actress’ second campaign highlights how TUMI bags complement and elevate her busy lifestyle
HO CHI MINH, VIETNAM – Media OutReach Newswire – 12 September 2024 – Today, international travel and lifestyle brand TUMI debuts Voyageur Leather and TUMI 19 Degree Frame, stunning iterations of two of the brand’s most beloved collections. To celebrate these new Fall 2024 pieces, TUMI tapped global ambassador, South Korean actress Mun Ka Young, to star in an immersive campaign that transports viewers onto the streets of Seoul for a day in her life with TUMI by her side.
TUMI’s luxurious, fashion-forward spin on its iconic Voyageur collection is made with high-quality leather. Each piece is crafted with functionality and style in mind – including the new TUMI “T” logo hardware – balancing the brand’s signature elevation and innovation with timeless, minimalist allure. The Voyageur Leather collection features backpacks, totes, shoulder bags and crossbodies, including the brand-new Lex Train Case Crossbody, which comes in three versatile sizes. The collection comes in classic Black with Gold or Gunmetal hardware, and Pewter Metallic with Gunmetal hardware, a festive offering for the holiday season, with prices ranging from US$250-$750.
TUMI is also expanding its travel offerings this Fall with the introduction of TUMI 19 Degree Frame, an innovative take on the brand’s hallmark 19 Degree collection. TUMI 19 Degree Frame was designed to meet the modern traveler’s needs with integrated frame latches, retractable handles, and TUMI’s signature smooth, quiet transport wheels. The exterior features the 19 Degree’s iconic fluid contours while the interior features tie-down straps and mesh zip pockets for ultimate organization. Available in Black Texture and Pearl Grey Texture and four sizes, this collection caters to diverse travel needs with unparalleled functionality and a timeless aesthetic. Prices range from US$895-1,195.
“This season represents our continued push forward for TUMI, as we’re expanding further into women’s lifestyle and evolving our travel experiences to create a more flawless, timeless and innovative product assortment,” said Victor Sanz, Global Creative Director at TUMI. “As one of our treasured global brand ambassadors, Mun Ka Young perfectly embodies the stylish and on-the-go TUMI woman.”
To add richness and authenticity to the campaign, TUMI tapped South Korean director Taejong Song and photographer Kim Hee June to immerse viewers in Mun’s daily commute, all while capturing the vibrant energy and urban architecture of Seoul. With shots that subtly spotlight key product features, the film offers viewers a look at how TUMI products bring style, organization and excitement to everyday life.
“I was personally so excited for this campaign to be shot in Seoul, the place I call home,“ said actress, Mun Ka Young. “TUMI is the perfect complement to my on-the-go lifestyle, keeping all my belongings organized while always looking sleek and stylish.”
The Voyageur Leather and 19 Degree Frame collections are available at TUMI.com and TUMI stores worldwide. Stay tuned for exclusive behind-the-scenes content from the campaign on @TUMITravel social channels.
Hashtag: #TUMI
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About TUMI
Since 1975, TUMI has been creating world-class business, travel, and performance luxury essentials, designed to upgrade, uncomplicate and beautify all aspects of life on the move. Blending flawless functionality with a spirit of ingenuity, we’re committed to empowering journeys as a lifelong partner to movers and makers in pursuit of their passions. For more about TUMI, visit TUMI.com and follow on Instagram, TikTok, Facebook, and YouTube.
Vinhomes offers a fertile ground for international real estate investors seeking opportunities in Vietnam.
HANOI, VIETNAM – Media OutReach Newswire – 11 September 2024 – The real estate market in Vietnam, despite facing numerous challenges in recent years, is showing signs of robust recovery. This resurgence has made the market increasingly attractive to both local and international investors. Amidst this revival, Vinhomes has emerged as a key player, driving growth and setting new benchmarks in the industry with its innovative and well-planned developments.
Vinhomes Ocean Park 3
A Promised Land for Global Investors
The Vietnamese have a saying: “Where there is good land, the birds will come and settle.” This idiom reflects the country’s rising appeal to global investors in recent years. In the first five months of 2024, foreign direct investment (FDI) in Vietnam’s real estate sector reached nearly USD 1.98 billion – a 70.8% increase compared to the same period last year, making it the second most attractive sector after manufacturing, accounting for nearly 17.9% of total registered investment.
Each segment of Vietnam’s real estate market in 2024 offers unique investment highlights that attract foreign investors. The market’s allure comes from several key advantages, such as a young and growing population, a high urbanization rate, and strong economic growth. Moreover, the positive impact of the new Land Law, which came into effect in August, is expected to create fresh momentum for the real estate market in the coming years.
Under these new laws, foreigners are now allowed to own homes for up to 50 years from the date of issuance of the ownership certificate, with the possibility of extending this term by an additional 50 years. This regulation effectively removes the psychological barrier for foreigners when it comes to owning property in Vietnam, as they can now legally own a home for almost their entire lifetime. Eligible foreigners also can acquire houses directly from other foreigners possessing properties in Vietnam.
Responding to this demand, Vinhomes has rapidly developed a series of high-end residential and commercial projects that have reshaped the urban landscape and introduced international living standards to the country. Vinhomes Ocean Park 2 and 3 are among the first projects to receive approval under the new regulations allowing foreign ownership of residential properties in Vietnam. Market reports indicate that liquidity in these projects has significantly increased recently. This surge in interest not only highlights the attractiveness of these developments but also signals a broader trend of increasing foreign participation in Vietnam’s real estate market, particularly in strategically located and well-planned urban areas like Vinhomes Ocean City.
In 2023, Vinhomes recorded nearly VND 104 trillion (approx. USD 4.5 billion) in consolidated net revenue, a 66% increase compared to the previous year. The company also exceeded its annual profit target by 12%, with after-tax profits rising by 15% year-over-year to VND 33.5 trillion (approx. USD 1.44 billion). This remarkable achievement was made possible by Vinhomes’ relentless efforts to launch new products into the market despite a tight supply. Most of Vinhomes’ new projects are strategically located in areas with high potential, rapid urbanization, and easy access to key regions, catering to both residential and commercial investment needs.
“All-in-one” Civilized Living Spaces: Ensuring Residents’ Well-being
Globally, there is growing demand for buildings, homes, and communities that promote a healthier lifestyle and protect residents’ well-being, creating vast potential for the wellness real estate sector. Traditionally, wellness real estate was associated with resort properties and retirement communities. However, there is now a broader understanding of wellness real estate that incorporates features such as enhanced air filtration, better soundproofing, facilities for outdoor exercise, ample community spaces, and access to nature.
This growing demand for homes that blend natural elements with modern amenities has led to the emergence of all-inclusive urban areas, a model that is highly popular in developed countries like Japan, Singapore, and China. In Vietnam, this model has gained traction with the introduction of projects such as Vinhomes Smart City, Vinhomes Grand Park, and Vinhomes Ocean Park.
A key objective in Vinhomes’ sustainable development strategy is to create people-centered urban areas that provide the most suitable, convenient, safe, sustainable, and happy living environments for residents. In these communities, essential amenities and services such as hospitals, schools, shopping centers, parks, plazas, playgrounds, sports facilities, and entertainment areas are all within easy reach, ensuring a high quality of life for residents. Additionally, community activities are continually promoted to encourage a green, civilized, and modern lifestyle, contributing to the creation of some of the most sustainable and livable urban areas in the world.
Vinhomes has been actively investing in the development of living areas with a focus on achieving Net Zero carbon emissions.This includes emphasizing natural ecosystems, optimizing the use of renewable energy, and prioritizing recycled construction materials to minimize both direct and indirect environmental impacts. The company is also committed to developing green transportation infrastructure by coordinating the organization of electric bus routes and planning charging stations within its urban areas. This initiative encourages residents and the broader community to adopt safer and more environmentally friendly modes of transportation.
With its strategically located projects, commitment to international living standards, and focus on sustainability, Vinhomes stands out as a beacon of excellence in the real estate sector, promising long-term value and success for investors.
Hashtag: #Vinhomes
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HONG KONG SAR – Media OutReach Newswire – 11 September 2024 – The Hong Kong Jockey Club wrapped up its fourth and largest Philanthropy for Better Cities (PBC) Forum at West Kowloon Cultural District today (10 September). Nearly 100 eminent speakers and more than 2,000 delegates from 40 countries and regions joined the two-day event, including representatives of over 200 local, regional and global foundations. The PBC was convened by The Hong Kong Jockey Club’s Charities Trust in association with the Institute of Philanthropy (IoP), a charitable organisation established by the Club and its Trust at the opening of the third PBC in September last year.
The second day of the forum opened with a plenary session entitled “Launch of the Commission on Asian Philanthropy: The Asian Way of Giving: Unleashing the power of Asian philanthropy for a sustainable future.” The launch of the Commission on Asian Philanthropy was announced during this session. This group photo features Lester Huang, Club Steward and Chairman of the Institute of Philanthropy (centre); Winfried Engelbrecht-Bresges, Club CEO and Director of the Institute of Philanthropy (5th right); Ichiro Kabasawa, Executive Director of The Nippon Foundation, also representing APHIC (5th left); Beili Shen, Vice Chairperson of China Soong Ching Ling Foundation (4th left); Haryo Mojopahit, Managing Director, IDEAS Dompet Dhuafa Republika (3rd left); Her Highness Princess Nouf bint Muhammad AlSaud, CEO of King Khalid Foundation (4th right); Aditya Natraj, CEO of Piramal Foundation (3rd right); James Li, CEO of Tencent Charity Foundation (2nd right); Benny Lee, CEO of Tanoto Foundation (2nd left); Naina Subberwal Batra, CEO of AVPN (1st right); and Warren Ang, Founder and CEO of Voyage (1st left).
At the forum today, the launch of the Commission on Asian Philanthropy was announced in the first plenary session. The commission brings together influential philanthropic organisations as founding commissioners, including the China Soong Ching Ling Foundation, The Hong Kong Jockey Club Charities Trust, IDEAS Dompet Dhuafa Republika, King Khalid Foundation, The Nippon Foundation, Piramal Foundation, Rainmatter Foundation, Tanoto Foundation, Tata Consultancy Services and Tencent Charity Foundation. As a three-year initiative co-convened by IoP and the Asia Philanthropy Congress (“APHIC”), the commission will define the scope and opportunity of Asian philanthropy and establish an ‘in Asia, for Asia’ ecosystem to advance the professionalisation of the philanthropic sector in the region and unleash Asian philanthropy’s full potential for social good.
Winfried Engelbrecht-Bresges, the Club’s CEO and IoP Director, delivered the forum’s closing address, echoing insights from forum speakers and underlining the importance of the Commission on Asian Philanthropy. “To fully leverage the collaborative power of philanthropy in Asia, this morning we launched the Commission on Asian Philanthropy. Convened by IoP and the Asia Philanthropy Congress and bringing 10 leading Asian foundations together, it aims to build an ‘in Asia, for Asia’ ecosystem and to expand the capacity of Asian practitioners. Crucially, it is committed to staying plural. There will be no one-size-fits-all. Rather, the intention is to learn from, and share, the rich diversity of Asian philanthropy.”
The overarching theme of PBC 2024 was “Delivering impactful philanthropy in the real world”. As an aid to discussions, the IoP shared two specially commissioned reports: “Examining Trust and Measurement in Asian Philanthropy,” a joint publication by IoP and McKinsey & Company; and “High-Impact Philanthropy: Giving Better across Asia and the World,” produced by the Bridgespan Group. IoP also shared a special supplement on impact measurement produced in collaboration with the Stanford Social Innovation Review.
The forum’s first plenary session today was entitled “Launch of the Commission on Asian Philanthropy: The Asian Way of Giving: Unleashing the power of Asian philanthropy for a sustainable future.” It featured a panel discussion between Her Highness Princess Nouf bint Muhammad AlSaud, CEO of King Khalid Foundation; Ichiro Kabasawa, Executive Director of The Nippon Foundation; Dr Gabriel Leung, the Club’s Executive Director of Charities and Community and IoP Director; Haryo Mojopahit, Managing Director of IDEAS Dompet Dhuafa Republika; Aditya Natraj, CEO of Piramal Foundation; and Beili Shen, Vice Chairperson of China Soong Ching Ling Foundation. They explored emerging trends, opportunities, and pathways to further the professionalisation of Asian philanthropy and pave the way for enduring action and transformative change.
The forum’s closing plenary featured a panel discussion on how investing in arts and sports yields a high social return on investment. It featured Dustin Lance Black, 2009 Oscar winner (Best Original Screenplay), American Screenwriter, Director and Producer; Tom Daley, gold medal-winning Olympic diver; Vincent Ho, 2023 LONGINES International Jockeys’ Champion, Jockey, The Hong Kong Jockey Club; and Ruby Yang, 2007 Oscar winner (Documentary Short Subject), Director of the Journalism and Media Studies Centre, The University of Hong Kong. The session was moderated by Trisha Leahy, Member of Project MuSE Advisory Committee of The Hong Kong Jockey Club and former Chief Executive of the Hong Kong Sports Institute.
On 11 September, the IoP will convene its flagship Foundations Circle to foster dialogue, knowledge-sharing, learning and collaboration. With more than 55 global philanthropic organisations due to convene at the event this year, it is in line with the Government’s mission to promote the city as an international philanthropy hub. Rounding out Hong Kong Philanthropy Week, the Hong Kong Academy for Wealth Legacy will host a three- day summit from 12 to 14 September.
The Club’s support for the PBC Forum, like all of its charity and community initiatives, is made possible by its unique integrated business model through which racing and wagering generate tax contributions, charity support and employment opportunities for the community. Photo Captions
The Hong Kong Jockey Club Chief Executive Officer and Director of the Institute of Philanthropy, Winfried Engelbrecht-Bresges, delivers closing remarks at the Philanthropy for Better Cities Forum 2024.
The third plenary was entitled “Launch of the Commission on Asian Philanthropy: The Asian Way of Giving: Unleashing the power of Asian philanthropy for a sustainable future.” The panellists include (from left) Her Highness Princess Nouf bint Muhammad AlSaud, CEO of King Khalid Foundation; Ichiro Kabasawa, Executive Director of The Nippon Foundation; Dr Gabriel Leung, Executive Director, Charities and Community of The Hong Kong Jockey Club and IoP Director; Haryo Mojopahit, Managing Director of IDEAS Dompet Dhuafa Republika; Aditya Natraj, CEO of Piramal Foundation; Beili Shen, Vice Chairperson of China Soong Ching Ling Foundation. The panel discussion was moderated by Warren Ang, Founder and CEO of Voyage.
The forum’s closing plenary session was entitled “Motivating Project MuSE: how should we understand investing in the arts and sports?” It featured a discussion between (from left) Dustin Lance Black, 2009 Oscar winner (Best Original Screenplay), American Screenwriter, Director, and Producer; Ruby Yang, 2007 Oscar winner (Documentary Short Subject), Director of the Journalism and Media Studies Centre, The University of Hong Kong; Tom Daley, gold-medal- winning Olympic diver; Vincent Ho, 2023 LONGINES International Jockeys’ Champion, Jockey, The Hong Kong Jockey Club; and. It was moderated by Trisha Leahy, Member of Project MuSE Advisory Committee of The Hong Kong Jockey Club and former Chief Executive of the Hong Kong Sports Institute.
Tom Daley, gold-medal-winning Olympic diver (left) and Vincent Ho, 2023 LONGINES International Jockeys’ Champion, Jockey, The Hong Kong Jockey Club (right).
HKSAR Government Financial Secretary Paul Chan (front row, centre), Club Chairman Michael Lee (front row, 5th left), Club Deputy Chairman Martin Liao (front row, 4th left), Club Stewards, Club CEO Winfried Engelbrecht-Bresges (front row,5th right) celebrated the 140th Anniversary of the establishment of The Hong Kong Jockey Club at the Gala Dinner.
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The Hong Kong Jockey Club
Founded in 1884, The Hong Kong Jockey Club is a world-class racing club that acts continuously for the betterment of our society. The Club has a unique integrated business model comprising racing and racecourse entertainment, a membership club, responsible sports wagering and lottery, and charities and community contribution. Through this model, the Club generates economic and social value for the community and supports the HKSAR Government in combatting illegal gambling. In 2023/24, the Club returned a total of HK$40.1 billion to the community. This included HK$29.9 billion to the HKSAR Government in duty, profits tax and Lotteries Fund contributions and HK$10.2 billion in approved charity donations. The Club is Hong Kong’s largest single taxpayer and one of the city’s major employers. Its Charities Trust is one of the world’s leading charity donors. Please visit www.hkjc.com.
Institute of Philanthropy
The Institute of Philanthropy was established in September 2023 through a strategic seed grant of HK$6.8 billion (US$870 million) from The Hong Kong Jockey Club and its Charities Trust. Established as an independent “think-fund-do” tank for China and Asia, IoP is dedicated to promoting philanthropic thought leadership and enhancing sector capabilities at local, regional and global levels in collaboration with fellow funders. It seeks to provide an Asia-based platform bringing global stakeholders together to promote the betterment of societies everywhere.
Headlined by French electronic music duo, JUSTICE, along with a carefully-curated mix of international and regional performers, the 2-day festival encompasses everything from the realm of fashion, music, art, and culture. Early bird 2-day weekend ticket sales will open on Klook starting September 12.
HONG KONG SAR – Media OutReach Newswire – 11 September 2024 – Hypebeast, the leading global platform for contemporary culture and lifestyle, is bringing Hypefest to Hong Kong this November for the very first time. Taking place on November 9 and 10, the 2-day weekend event will be set against the panoramic view of the iconic Hong Kong skyline and held at the Central Harbourfront Event Space, the city’s largest outdoor venue. Hypefest Hong Kong 2024 will be Hypebeast’s largest event in the city to date, captivating the Hypebeast community with a unique cultural experience this fall.
Debuted in 2018 in Brooklyn, New York, Hypefest has emerged as one of the leading cultural festivals by bringing a fully immersive and interactive atmosphere, with live music performances and other surprises throughout. Expanding its reach, Hypefest Aranya landed in Qinhuangdao, China last year, showcasing a diverse range of regional and international cultural events in one weekend. Building upon its previous successes, Hypefest is bringing the best elements from previous events to Hong Kong, offering an unparalleled cultural experience where creativity and culture take center stage.
A one-of-a-kind cultural celebration from all things Hypebeast Hypefest Hong Kong 2024 will introduce a one-of-a-kind cultural experience for the community, bringing over 20 participating brands and creators from both global and local scenes across fashion, music, art, and food to Hong Kong. These brands selected by Hypebeast will come together to create physical and multi-faceted immersive experiences, offering an enriching event for the attendees to enjoy. Featuring a curated mix of regional and international music performances, limited-time branded pop-ups with exclusive product showcases, art installations, as well as a food village, the event will arrive as the largest fashion and cultural party.
Gamified experience unleashing branded fun and empowering local and regional creatives With a focus on supporting emerging brands and local creatives, Hypefest Hong Kong 2024 presents a fresh take on traditional carnival games. By teaming up with selected brands from Hong Kong, Mainland China, and Japan, the interactive and reimagined carnival game booths provide attendees a unique opportunity to play and win exclusive branded merchandise and prizes.
During the event, emerging brands and creatives will have the chance to showcase their creations to a broader audience. With over half of the participating game booths featuring local talents from Hong Kong, the event provides a platform for them to gain exposure and engage in genuine interactions with the attendees, fostering meaningful connections and a sense of engagement.
Curated music performances through the lens of Hypebeast Hypefest Hong Kong 2024 will feature live music performances by top-tier musicians curated by Hypebeast throughout the event. Headlining the 2-day festival will be JUSTICE, the legendary Grammy award-winning French electronic music duo consisting of Gaspard Augé and Xavier de Rosnay. The duo has redefined the music landscape and garnered widespread acclaim since 2007, and recently made their comeback following an 8-year hiatus. Hypefest Hong Kong 2024 will be the stage for their highly-anticipated return, where they will bring their acclaimed DJ set to Hong Kong complemented with distinctive visual effects and a light show tailor-made for the festival, marking their first appearance in the city since their last visit in 2015.
In addition, Hypefest Hong Kong 2024 will inject fresh energy into the event by showcasing up-and-coming talents from around the globe. Among these rising stars are d4vd, an American singer and songwriter known for his emotionally charged bedroom-style indie pop and R&B; DEAN, a South Korean alternative R&B singer-songwriter and producer; MILLI, a Thai rapper and songwriter who performed at the 2022 Coachella Festival, is coming with two special guests; N.Y.P.D., a local post-punk band; So!YoON!, a member of the South Korean band SE SO NEON and an alternative pop singer-songwriter active in her solo projects, alongside more names to be revealed.
Hypefest Hong Kong 2024 is made possible by the financial support from the Mega Arts and Cultural Events Fund under the Culture, Sports and Tourism Bureau of the Hong Kong Special Administrative Region Government. Supported by iMe Entertainment Group, the leading entertainment company in Asia, the event will offer a memorable and innovative experience to all attendees, while celebrating the vibrant fusion of cultures in Hong Kong.
Founded in 2005 in Hong Kong, Hypebeast is a leading contemporary fashion and culture media platform that highlights curated brands and emerging lifestyles through editorially-driven news and features. Its devotion to discovery has made it one of the premier online destinations for fashion and lifestyle editorial and news. Today, Hypebeast has evolved into a multi-segment company that comprises various interconnected subsidiaries across media, creative agency, commerce, distribution and merchandising, and food and beverages. Sharing a mission to connect our global audience to the universe of cultural discovery, Hypefest Hong Kong 2024 offers a unique opportunity for its community to connect and engage with diverse brands, artists, cultural, and creative individuals within the realm of Hypebeast.
Ticketing information Early bird tickets for a 2-day weekend pass will be available exclusively on Klook starting September 12, 12 nn and public ticket sales will follow. Tickets are offered on a first-come, first-served basis. Additional handling fees may apply on the ticketing platform.
Early bird tickets 2-day weekend pass: HK$788 On-sale dates: September 12, 12 nn, while supplies last Ticketing platform: Klook
General Ticketing 1-day pass: HK$680 Weekend pass: HK$988 On-sale dates and ticketing platforms will be announced soon.
Hypefest Hong Kong 2024 Event Date: November 9 to 10, 2024 (Saturday to Sunday) Location: Central Harbourfront Event Space, Central
For more information about Hypefest Hong Kong 2024, visit hypebeast.com and follow its social media channels for updates on festival timings and the latest news.
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About Hypebeast
Founded in 2005, Hypebeast is a leading platform for contemporary fashion and culture that highlights curated brands and emerging lifestyles through editorially-driven news and features. Its devotion to discovery has made it one of the premier online destinations for fashion and lifestyle editorial and news. Currently operating in over 15 markets, readers can stay up to date with the latest culturally-relevant news and developments on men’s fashion. For more information, visit hypebeast.com.
About Mega Arts and Cultural Events (Mega ACE) Fund
The Mega ACE Fund set up by the Culture, Sports and Tourism Bureau of the Hong Kong Special Administrative Region Government aims to attract and support international and large-scale arts and cultural events to take place in Hong Kong. It targets mega arts and cultural events in Hong Kong organized by the private sector or non-governmental organizations, with a view to developing Hong Kong into an arts and cultural metropolis, providing opportunities for the arts and cultural sector to flourish, as well as fostering Hong Kong’s development as an East-meets-West center for international cultural exchange.
The Government of the Hong Kong Special Administrative Region provides funding support to Hypefest Hong Kong 2024 only, but does not otherwise take part in it. Any opinions, findings, conclusions or recommendations expressed in the materials/activities (or by members of the Grantee’s team) are those of the organisers of Hypefest Hong Kong 2024 only and do not reflect the views of the Government of the Hong Kong Special Administrative Region.
About iMe Entertainment Group
iMe Entertainment Group, the current leading entertainment company in Asia. Established in 2006 as a concert promoter and artist management company, iMe has since expanded to 10 countries, organized major events in more than 50 major cities in Asia- Pacific region.
Over the past 16 years, iMe has gradually developed entertainment contents consist of concert/live events, artist management, promotion & marketing, and fan base interaction platform, as being the key business elements. iMe committed to grow its scale with producing effective strategies of developing management teams, aiming to deliver innovative and best results for all business partners.
Octa 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 used by clients from 180 countries who have opened more than 52 million trading accounts. To help its clients reach their investment goals, Octa offers free educational webinars, articles, and analytical tools. 
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