Sydney, AU, Jan. 03, 2025 (GLOBE NEWSWIRE) — In a global financial landscape characterized by persistently low interest rates, Harbour Investment Partners is paving the way for savvy investors to capitalize on the increasing demand for corporate bonds. Recognized as a leading investment management firm, Harbour Investment Partners has built a reputation for delivering tailored opportunities that align with market trends, offering investors the tools to navigate a shifting economic environment.
The Rise of Corporate Bonds in a Low-Rate Era
As central banks worldwide maintain historically low interest rates to stimulate economic growth, corporate bonds have emerged as a preferred choice for investors seeking stable returns. Unlike traditional savings accounts and fixed deposits, which offer minimal interest, corporate bonds provide attractive yields with manageable risk.
“Low interest rates have redefined the investment landscape,” stated the CEO of Harbour Investment Partners. “Investors are increasingly drawn to corporate bonds as they offer a balanced combination of security and profitability. Our role is to help them identify and seize the most promising opportunities in this sector.”
Unmatched Expertise in Corporate Bond Markets
Harbour Investment Partners leverages its in-depth market analysis and global reach to connect clients with high-quality corporate bond issuances. The firm’s comprehensive approach ensures clients have access to diverse options, including:
Investment-Grade Bonds: High-quality bonds from established corporations offering steady returns.
High-Yield Bonds: Options for investors willing to take on slightly higher risk for potentially greater rewards.
Green Bonds: Environmentally sustainable investments aligned with ESG (Environmental, Social, and Governance) principles.
The firm’s proprietary research and analytics tools provide clients with real-time insights, enabling informed decision-making.
Customized Strategies for Investors
Harbour Investment Partners prides itself on its client-centric approach. Tailored investment strategies consider each client’s financial goals, risk tolerance, and market outlook. These bespoke services position the firm as a trusted partner for high-net-worth individuals, institutional investors, and family offices.
“At Harbour Investment Partners, we don’t believe in one-size-fits-all solutions,” said the Head of Fixed Income. “Our commitment to personalized service ensures that every client receives a strategy uniquely designed to maximize their returns while mitigating risks.”
The Future of Corporate Bond Investments
Looking ahead, Harbour Investment Partners forecasts continued growth in the corporate bond market, particularly in sectors such as technology, healthcare, and renewable energy. The firm’s forward-thinking approach and robust network allow it to identify emerging opportunities and deliver them to its clients promptly.
Harbour Investment Partners is a premier investment management firm specializing in diversified portfolios, including equities, fixed income, and alternative assets. The firm is dedicated to delivering exceptional results through innovative strategies, rigorous research, and personalized client service.
Smoother roads and safer driving are on the cards for users of State Highway 6 Queen Elizabeth II Drive in Nelson.
At the end of January, contractors will be laying new asphalt on two sites on the well-used route. Asphalt is a longer lasting solution and provides a stronger road. It also reduces the amount of future road maintenance needed.
Work will be underway between the Trafalgar and Haven Road Roundabouts from 8 pm to 6 am on the nights of Tuesday, 28, Wednesday, 29 and Thursday, 30 January.
On Tuesday, 28, and Wednesday, 29 January,between 8 pm and 6 am, resurfacing work will be done on State Highway 6 between Trafalgar Street and Wildman Avenue.
This will be done under stop/go and a 30 km/h temporary speed limit.
On Wednesday, 29 January, and Thursday, 30 January, between 8 pm and 6 am, contractors will be working on State Highway 6 between Wildman Avenue and Haven Road Roundabout.
It will require a full road closure until the resurfacing is completed. A local road detour will be in place in both directions via Wildman Avenue and Hay Street. The detour is expected to add under five minutes to travel times.
QEII Drive is a busy route within Nelson and carries approximately 12,000 vehicles daily. As such, it is critical it is regularly maintained to ensure it remains resilient and reliable for road users.
While the work has been deliberately timed to happen at night when there are fewer vehicles on the road, some traffic delays can be expected until the work is completed. Drivers must plan their journeys accordingly.
Works schedule:
Tuesday, 28 January and Wednesday, 29 January. 8 pm – 6 am.
Trafalgar Street roundabout to Haven Road roundabout.
Stop/Go traffic management and 30 km/h temporary speed limit.
New Zealand welcomes the ceasefire deal to end hostilities in Gaza, Foreign Minister Winston Peters says.
“Over the past 15 months, this conflict has caused incomprehensible human suffering. We acknowledge the efforts of all those involved in the negotiations to bring an end to the misery, particularly the US, Qatar and Egypt.
“The terms of the deal must now be implemented fully. Protection of civilians and the release of hostages must be at the forefront of effort.
“There now needs to be a massive, rapid, unimpeded flow of humanitarian aid into Gaza.
“To achieve a durable and lasting peace, we call on the parties to take meaningful steps towards a two-state solution. Political will is the key to ensuring history does not repeat itself,” Mr Peters says.
A 31-year-old man is before the courts following an investigation into the burglary of an air ambulance helicopter in Mosgiel.
In the early hours of Sunday 12 January, a bag containing critical medical equipment and supplies was stolen from the Queenstown rescue helicopter, which was forced to hold-over at the North Taieri base due to bad weather.
Enquiries led Police to execute a search warrant at a Dunedin address yesterday, Wednesday 15 January, where the 31-year-old was arrested at the scene.
The man is alleged to have also been involved in two other burglaries in the Dunedin area the early hours of the morning Sunday 12 January.
He is due to appear in Dunedin District Court today (16 January) charged with three charges of burglary and two charges of unlawfully taking a motor vehicle.
Police continue to make enquiries into the incidents and further charges are likely.
LOS ANGELES, US – Media OutReach Newswire – 15 January 2025 – Bigo Live, one of the world’s fastest-growing livestreaming social communities, pledges its commitment to developing and supporting creators and artists, in efforts to contribute to the sustained strong growth of the creator economy. The platform, which has over 500 million users in 150 countries, has built a positive, inclusive and diverse social ecosystem through its responsible use of the internet, localised market strategy and community-first approach. The global creator economy is projected to be worth $480 billion by 2027, according to a report by Goldman Sachs, and will continue to be a major driver of the US economy.
“Our core mission is to provide a safe digital space and an inclusive platform for all creators, new or established, to build meaningful connections and showcase their talents to the world. Our creators come from all walks of life, sharing their passions from music to the arts to spread cheer and positivity. We stay committed to safeguarding this community while further fostering a vibrant and ever-growing environment for our community. The creator economy is one powered by user-generated content and built on the efforts of individuals who are driven by passion and talent,” said a Bigo Live spokesperson.
Empowering Creators and Building Our Community
Bigo Live will launch further community initiatives and programmes in 2025 for meaningful content and collaboration to drive positive impact and change. These include spotlighting the voices of our Black community, fundraising campaigns for meaningful causes and masterclasses in partnership with non-profit organisations on content creation for education and advocacy. Some of Bigo Live’s previous campaigns include fundraising for the World Health Organisation during the COVID-19 pandemic, raising awareness of health and wellness, and educational information around diversity and inclusion as well as cyber safety for creators and users.
Bigo Live will also heavily invest in the continual expansion and innovation of its tools and capabilities for creators to unlock their creative potential. The platform constantly develops interactive in-app features and AI tools such as digital avatars, multi-guest livestreams and virtual gifts, adding a new dimension to the livestreaming experience. Through the combination of augmented reality, virtual reality and AI, creators can utilise these tools and features to share stories and experiences that are more personal and engaging for audiences. For example, creators can use multi-guest livestreams to discuss challenges and personal anecdotes about topics such as building confidence or mental health, and utilise digital avatars to connect with users in a fun, interactive way and amplify their message to a wider audience.
Events and Competitions
Globally and in the US, friendly competitions and regional events bring creators and users together to showcase their talent and elevate their status on a global stage. Some examples include BIGO’s Most Talented, a virtual talent show hosted by celebrity judges that spotlight creators across regions such as the Americas, Europe, Africa, Oceania and Southeast Asia, and “Live Loud, Live Proud”, an online and offline campaign which celebrates diversity and the LGBTQ+ community.
BIGO’s Most Talented redefined the concept of talent shows by bringing together engagement-driven judging with the immediacy and interactivity of live-streaming. The competition invited users to participate and vote in-app by purchasing virtual gifts via a voting box on the livestream. Additionally, participants were assessed by their ability to captivate with a live audience online.
The platform’s annual flagship event, BIGO Awards Gala, recognises the top regional and worldwide creators across six continents. The BIGO Awards Gala was held in Las Vegas last year celebrating the most talented creators and beauty of the diverse Bigo Live community. The gala, live-streamed to hundreds and thousands of users worldwide, highlighted the app’s significance as a global platform that empowered creators to connect, create and shine on a global scale.
Hashtag: #Bigo
The issuer is solely responsible for the content of this announcement.
HONG KONG SAR – Media OutReach Newswire – 15 January 2025 – Cyberport, Hong Kong’s largest FinTech hub, is thrilled to be the FinTech Partner for the prestigious Asian Financial Forum (AFF), being held on 13 and 14 January. This is the ninth consecutive year that Cyberport has held that distinction, and its enduring commitment to this landmark event reflects its pivotal role in advancing Hong Kong’s dynamic financial prowess. Under the theme “Powering the Next Growth Engine“, industry leaders, policymakers, and entrepreneurs from around the world have convened at the AFF to explore emerging drivers and innovative strategies for growth. Cyberport led over 30 start-ups to showcase their cutting-edge FinTech solutions and next-generation ideas to government, finance, and business leaders at the event.
Cyberport led over 30 start-ups to present their innovative FinTech solutions and their next-generation ideas at the AFF
Simon Chan, Chairman of Cyberport, stated in his welcome remarks, “As we embark on our journey to becoming a digital-first financial centre, we must embrace the transformative power of forefront technologies such as AI, and rethink our strategies towards a more sustainable future in the financial sector. With over 430 FinTech companies based at Cyberport, we are uniquely positioned to foster an innovative FinTech ecosystem in Hong Kong. We work closely with the Government and key partners to actively drive the application of innovative technologies in the financial sector. Our commitment to sustainable and innovative technology development is evident in our unwavering support for start-ups that are pioneering solutions in green finance and digital innovation. Together, we will continue to collaborate with various sectors to meet the challenges ahead and collectively build a more inclusive, efficient, and sustainable future for the financial services industry.”
Cyberport co-hosted a thematic workshop titled “Accelerating Financial Innovation: Hong Kong’s Journey Towards a Digital-First Financial Centre“. The workshop highlighted Hong Kong’s strategic initiatives in embracing advanced financial technologies and nurturing an innovative financial ecosystem. The session featured discussions on the Hong Kong Monetary Authority’s Sustainable Finance Action Agenda, which aims to achieve net-zero emissions and catalyse sustainable finance development. FinTech leaders also shared real-world applications of transformative technologies in the financial sector, illustrating how these innovations can be powerful drivers for positive change in the economy.
Additionally, a kick-off ceremony was held for The Green and Sustainable FinTech Proof-of-Concept Funding Support Scheme projects during the event. Launched by the Financial Services and the Treasury Bureau (FSTB) and administrated by Cyberport, this scheme promotes green and sustainable FinTech development in Hong Kong. From over 100 proposals received, 60 projects were selected after an expert review.
On the other hand, a dedicated Cyberport Pavilion was also featured in the event, where eight community members presented various FinTech solutions to address contemporary financial challenges, such as digital assets, RegTech, WealthTech, InsurTech, and ESG/Green Finance. Additionally, dozens of FinTech companies from the Cyberport community showcased their innovative ideas to global investors, partners, and business leaders at the forum. These startups are making significant contributions to the rapidly evolving financial market by providing cutting-edge financial technology.
Playing a vital role in promoting Hong Kong’s FinTech development, Cyberport houses more than 430 FinTech start-ups and technology companies covering digital assets, virtual insurers, virtual banks, electronic payments, and WealthTech. The Cyberport community also includes five FinTech unicorns, namely ZA International, WeLab, TNG, CertiK, and HashKey, as well as three Hong Kong-licensed virtual asset trading platforms: HashKey, HKVAX and HKbitEX.
The issuer is solely responsible for the content of this announcement.
HONG KONG SAR – Media OutReach Newswire – 15 January 2025 – This news release is made by Johnson Electric Holdings Limited (“Johnson Electric” or the “Company” and together with its subsidiaries, the “Group”) for the business operations and selected unaudited financial information of the Group for the nine months ended 31 December 2024.
The Group’s sales for the nine months ended 31 December 2024 were US$2,730 million compared to US$2,871 million for the same period in the previous financial year, a decrease of 5%. Exchange rate movements had an unfavourable impact of US$11 million on the Group’s sales during the period.
Sales of Automotive Products Group (“APG”)
APG’s sales for the nine months ended 31 December 2024 were US$2,314 million, a decrease of US$108 million compared to the same period in financial year 23/24. Excluding currency effects, APG’s sales decreased by US$97 million or 4%.
The division’s sales changes by region, excluding currency effects, were as follows:
Nine monthsended 31 December 2024
Asia-Pacific
2%
Decrease
Europe, Middle East and Africa
5%
Decrease
Americas
5%
Decrease
Total
4%
Decrease
In Asia-Pacific, sales decreased by 2% while light vehicle production in the region declined by 1%. The drop in light vehicle production, coupled with a less favourable customer mix, led to lower sales of products for closure and braking, and powder metal components. However, this was largely offset by increased sales of oil pumps and products for steering. In Europe, the Middle East and Africa (“EMEA”), sales decreased by 5% compared to a 7% decline in light vehicle production in the region. Sales of oil pumps and products for vision, thermal management and steering decreased, reflecting the drop in light vehicle production. This decline was partially offset by increased sales of products for seats and transmissions. In the Americas, sales decreased by 5% while light vehicle production declined by 1%. Sales of products for thermal management and seat applications as well as powder metal components decreased due to weak demand from certain customers, and some programs reaching end of life. This decline was partially offset by increased sales of products for steering, transmission and closure applications.
Sales of Industry Products Group (“IPG”)
IPG’s sales for the nine months ended 31 December 2024 were US$416 million, a decrease of US$33 million or 7% compared to the same period in the previous financial year. Currency effects were negligible.
IPG’s end markets remained weak as the business continued to face headwinds driven by consumer caution in discretionary spending and a growing preference for affordable options from value-oriented brands. This shift has increased price competition in certain IPG product segments, where commoditization has led to cost taking precedence over functionality and reliability in purchasing decisions.
The sales changes for IPG by region, excluding currency effects, were as follows:
Nine monthsended 31 December 2024
Asia-Pacific
9%
Increase
Europe, Middle East and Africa
12%
Decrease
Americas
15%
Decrease
Total
7%
Decrease
In the Asia-Pacific region, sales increased mainly because key customers placed replenishment orders after the depletion of prior inventory surpluses, as well as due to some new business wins. However, this growth was more than offset by a decline in sales in the EMEA and Americas regions, attributed to the previously noted soft end market demand.
Chairman’s Comments on Sales Performance and Outlook
Commenting on the Group’s sales performance and near-term outlook, Dr. Patrick Shui-Chung Wang, Chairman and Chief Executive, said: “Johnson Electric’s sales for the financial year to date have been negatively impacted by lacklustre global light vehicle production volumes and soft consumer demand and price competition in several other manufactured product segments. There is an exceptionally high level of uncertainty concerning the macroeconomic environment that is weighing on consumer sentiment and has led to several customers deferring plans for new product launches.
“Looking ahead, the fourth-quarter sales trajectory remains influenced by the macroeconomic challenges experienced in the previous quarters of the year, compounded by the effects of the Chinese Lunar New Year holidays. Consequently, we presently anticipate Group sales for the full year to be a mid-single-digit percentage lower than the level achieved in the prior year.”
Dr. Wang added: “In view of the uncertainty concerning the prospects for global trade and investment in the year ahead, management is focused on tight cost control and maintaining the Group’s conservative balance sheet profile.”
Cautionary Statement
Shareholders and potential investors in the Company are reminded that the information provided in this news release, including information related to the expected outlook for the full year, is based on the Group’s unaudited internal records and management accounts. This information has not been reviewed or audited by the Company’s auditors.
Shareholders and potential investors should exercise caution when dealing or investing in the shares of the Company.
Hashtag: #JohnsonElectric
The issuer is solely responsible for the content of this announcement.
HONG KONG SAR – Media OutReach Newswire – 15 January 2025 – Chinese New Year is almost here, and what better way to embrace new beginnings than with a fresh new look. 7-Eleven is thrilled to unveil its first surprise collaboration of the year, designed to help you welcome the Lunar New Year in style! We’ve teamed up with two beloved Japanese icons, Peko-chan from Fujiya and Sho-chan, for a truly special collection. Together, they’ve created a series of 8 trendy Denim Style Bags with eye-catching designs, each with a unique style to suit your needs and any occasion. Refresh your look for the New Year and usher in good fortune and joy!
This collection of 8 Denim Style Bags features a striking red and blue colour scheme accented with Japanese-inspired patterns, offering a fantastic blend of fashion and function. The adorable Peko-chan and Sho-chan have captured the hearts of many, and their pairing in this collection symbolises “good luck and happiness”, wishing everyone a New Year filled with blessings and joy.
The complete set of 8 Denim Style Bags will be available in 7-Eleven stores from 7am on 15 January. Don’t miss out – collect them all and let Peko-chan and Sho-chan celebrate the New Year with you!
8 Denim Style Bags: Fresh Styles for a Festive New Year Embracing the spirit of “New Year, New Beginnings”, 7-Eleven is bringing a fresh perspective to product design. This first-ever collaboration with the popular characters Peko-chan and Sho-chan introduces a fun and stylish collection of 8Denim Style Bags. All 8 bags feature a denim print with a vibrant red and blue colour scheme.
The designs incorporate the super cute faces of Peko-chan and Sho-chan alongside eye-catching Japanese-inspired patterns like peach blossoms and fireworks, as well as New Year’s greetings. These elements perfectly capture the adorable charm of Peko-chan and Sho-chan while adding to the festive atmosphere. Each bag has a distinct and stylish design with high practicality, perfect for various needs and occasions. Whether it’s for your daily commute, school, New Year shopping, or visiting relatives, these bags will elevate your New Year style, symbolising good fortune and happiness throughout the year!
“Denim Style Bag” Product Details:
The Japan-Style Shoulder Tote features a denim print in a deep blue hue. It features the cheerful faces of Peko-chan and the adorable Sho-chan, complemented by Japanese-inspired mountain and peach blossom motifs.
The Big Blessings Sling Bag also features a denim print together with the cute faces of Peko-chan and Sho-chan. Adding to the festive cheer are peach blossoms, fireworks, and the auspicious Chinese character for “luck” (吉).
Both bags feature a pocket on the front, adding a touch of casual cool to the simple design. The elongated shape and convenient shoulder strap make them perfect for carrying notebooks, A4 folders and even your laptop. The durable padded material ensures your belongings are well protected, whether you’re heading to work or school.
Dimensions: Approx. 33cm wide x 37cm high Shoulder Strap: Adjustable up to 98cm long
The playful Chill Vibes Crossbody bag is made from a material with a denim print and textured padded cotton, featuring a fun and quirky print of Peko-chan and Sho-chan.
This elongated Festive Fortune Bag is crafted from a material with denim print and features the adorable faces of Peko-chan and Sho-chan alongside the Chinese character for “spring” (春) and delicate peach blossoms. It’s a perfect blend of Japanese minimalism and festive cheer!
Both crossbody bags feature a two-compartment design for easy organisation. The front zippered pocket is perfect for smaller items like coins, tissues, hand sanitiser, lipstick and your Octopus card. The back magnetic closure pocket is ideal for your phone and a small wallet. These versatile bags are like portable treasure troves, perfect for carrying all your essentials, especially when you’re out and about collecting red envelopes during the New Year!
Chill Vibes Crossbody Dimensions: Approx. 22cm wide x 17cm high Shoulder Strap: Approx. 120cm long (adjustable)
Festive Fortune Bag Dimensions: Approx. 14cm wide x 21cm high Shoulder Strap: Approx. 120cm long (adjustable)
The eye-catching Big Blessings Eco Tote features an adorable design with Peko-chan and Sho-chan interwoven with peach blossoms, fireworks, and the auspicious Chinese character for “luck” (吉) – all set against a vibrant deep blue background.
The Creamy Eco Tote features a unique pattern of Peko-chan, Sho-chan, peach blossoms and fireworks against a creamy, milk-white background. The simple design exudes a fresh and charming aesthetic, highlighting the adorable similarities between Peko-chan and Sho-chan.
Both eco-friendly tote bags are incredibly spacious and made from a durable material, with comfortable shoulder straps for easy carrying. They’re perfect for all your New Year shopping needs, even those bulky gift boxes! When you’re not using them, simply fold them up and store them in their own convenient pouches, so you can take them anywhere.
Dimensions (for both bags): Approx. 45cm wide x 35cm high
Happy Half Moon Bag Remember the half-moon bag trend? Well, it’s back with a playful new twist! This stylish pouch is made from fabric with a denim design and subtle Japanese wave pattern for a cool and minimalist vibe. But look closely, and you’ll find the adorable faces of Peko-chan and Sho-chan hidden within the waves!
This unique design is perfect for any occasion. The spacious interior and wide opening make it easy to access your essentials, like your phone, wallet, camera or portable charger.
Dimensions: Approx. 29cm wide x 16.5cm high Shoulder Strap: Approx. 114cm long (adjustable)
Subtle Style Pouch This stylish pouch features a unique and understated pattern of Peko-chan, Sho-chan, peach blossoms and fireworks printed on fabric with a denim design. The spacious interior and durable material make it ideal for storing cosmetics, cameras and other travel essentials. A must-have for any fashion-forward traveller!
Dimensions: Approx. 29cm x 16cm
CAUTION:
We are not responsible for any damage caused by improper use.
This product is not a toy. Not suitable for children under 4 years of age.
This product contains cords that may pose a potential strangulation hazard. Adult supervision is required for children.
USE & CARE:
Keep away from fire and heat to avoid fire hazard or damage.
Do not use a dryer or hot air blower to avoid damage.
Ensure the product is completely dry before storing, and store in a cool, dry place.
Slight colour variations in the pattern are normal.
Hand wash only, do not dry clean.
Do not use bleach.
Do not tumble dry or iron.
“Denim Style Bag” Promotion Details:
How to Collect Physical Stamps and Digital FunStamps:
From 15 January (7am onwards) to 25 February 2025, customers can earn 1 physical stamp or digital FunStamp with a single purchase of $20# or more at 7-Eleven stores* or online. For every additional $10 spent, you’ll receive another stamp. To collect FunStamps with online purchases, customers must download the 7-Eleven app, register as a member, and link their yuu Account. For in-store purchases, customers need to either have their yuu ID scanned by the cashier before payment or pay with a linked Octopus or Hang Seng enJoy card. Stamps are awarded based on single transactions; split transactions are not allowed. Digital and physical stamps cannot be exchanged or combined for redemption.
“Denim Style Bag” Redemption Details:
FunStamps: From 15 January (7am onwards) to 28 February 2025, you have a few options to redeem your Denim Style Bag with FunStamps! Collect 20 FunStamps and add $1 to redeem 1 random “Denim Style Bag” (limited to 50,000 redemptions, while stocks last). Or, collect 5 FunStamps and add $48 to redeem 1 random bag, or 8 FunStamps and add $88 to redeem 2 random bags.
Physical Stamps: From 15 January (7am onwards) to 28 February 2025, collect 8 physical stamps and add $48 to redeem 1 “Denim Style Bag” at random, or collect 12 physical stamps and add $88 to redeem 2 bags at random.
All bags are pre-packaged and redeemed randomly; customers cannot choose specific styles. Stock availability is limited and may vary by store. Each customer can redeem a maximum of 20 bags per day. For larger quantities, please ask our staff about placing an order. Images are for reference only; actual product sizes may vary.
yuu Member Exclusive Offer
Promotion Period: From 15 January to 25 February 2025. Redemption Period: From 15 January (7am) to 28 February 2025. Redeem 1 “Denim Style Bag” at random with 8,800 yuu Points + $18.
Hashtag: #7ElevenHK
The issuer is solely responsible for the content of this announcement.
HONG KONG SAR – Media OutReach Newswire – 15 January 2025 – As technology rapidly evolves, the number and complexity of cyberattacks have increased significantly. To enhance the response capabilities of its cybersecurity team in addressing various threats, DYXnet, a leading enterprise network service provider in Greater China, organized the “DYXnet Cyber Defense Exercise Competition 2025” yesterday (January 14), marking the company’s first cross-regional simulated attack and defense exercise. This event brought together cybersecurity elites from offices in mainland China, Hong Kong, and Taiwan, forming multiple “blue teams” tasked with defending against attacks from a “red team” led by DYXnet Hong Kong’s cybersecurity experts. The exercise provided DYXnet’s security team with invaluable experience, strengthening the overall incident response capabilities of its Security Operations Center (SOC) and enhancing the protection of clients’ networks and digital assets.
“DYXnet Cyber Defense Exercise Competition 2025” brought together cybersecurity elites from DYXnet’s teams in mainland China, Hong Kong, and Taiwan.
Training Cybersecurity Talent with Simulated Real-World Cyber Attacks The simulated attack and defense exercise, also known as the purple team exercise, was organized by cybersecurity experts from DYXnet’s product and pre-sales departments. They created a simulated enterprise network within One Cloud Director’s controlled environment, acted as the red team attackers, and exploited the latest vulnerabilities and weaknesses. Meanwhile, eight defending blue teams, consisting of members from DYXnet’s SOC, Network Operations Center (NOC), and Quality and Service Management (QSM) departments, participated online. These teams developed defense strategies and employed techniques to detect incidents and respond promptly.
The simulated attacks included data breaches, suspicious internal communications, OWASP, enterprise application vulnerabilities, DDoS, and phishing emails. These scenarios tested the teams’ abilities in alert investigation, incident assessment, and response. The blue teams raced against time to solve the attack scenarios, requiring professional knowledge and familiarity with defensive measures, tools, and configurations to adapt to dynamic attack patterns. After three hours of intense competition, the team that responded most accurately and quickly was awarded the championship.
Joe Sze, the Director of Product and Services Management at DYXnet, stated, “Due to the increasing severity of cybersecurity threats, Hong Kong is considering new legislation for the ‘Protection of Critical Infrastructures (Computer Systems) Bill.’ This law will require critical infrastructure operators to implement measures safeguarding their computer information systems and enhancing overall security in Hong Kong. As a key player in the industry and a provider of cybersecurity services, DYXnet is dedicated to maintaining exceptional defense capabilities. We prioritize the training of cybersecurity professionals and consider purple team exercises essential training practices. These exercises allow our teams to engage in real-world scenarios, understand the latest attack trends and advanced persistent threats, and improve their response capabilities and teamwork. Ultimately, this enhances our overall cybersecurity posture.”
DYXnet’s cybersecurity team in Hong Kong won second place in the Fortinet’s “Cyber Attack and Defense Competition 2024”
Gaining Recognition for Professional Expertise in Industry Competitions In the face of ever-evolving cyber threats, DYXnet is committed to staying ahead and providing clients with the most professional and reliable services. The cybersecurity team keeps up with the latest attack trends, conducts regular exercises, and actively participates in industry competitions, earning notable accolades.
At “The Cyber Attack and Defense Competition 2024” hosted by the global cybersecurity leader Fortinet last year, DYXnet distinguished itself among twelve competing teams from service providers in Hong Kong, achieving second place. The DYXnet team comprised four members: a cybersecurity consultant, a product manager, and two engineers. Each member focused on identifying vulnerabilities, formulating security strategies, assessing incidents, and executing technical solutions. Their extensive experience in daily operations enabled them to respond swiftly to various types of attacks during the competition. This achievement serves as a testament to the team’s capabilities and expertise.
Joe Sze noted, “The purple team exercises emphasize teamwork and time management, as real security incidents often require racing against the clock. DYXnet’s Managed Detection and Response (MDR) service provides enterprises with professional support, ensuring that our SOC team 24×7 monitors and responds promptly, maintaining clients’ business operations and minimizing impacts during security incidents.”
As DYXnet continues to enhance its cybersecurity offerings, the company remains dedicated to providing comprehensive cybersecurity solutions and managed services, including Secured SD-WAN, MDR, SASE, CloudShield, dark web monitoring, penetration testing, and vulnerability scanning, to meet the evolving needs of businesses.
HONG KONG SAR – Media OutReach Newswire – 15 January 2025 – Pioneer Asset Management Limited (“Pioneer“), a subsidiary of Tykhe Capital Group Limited (the “Group” or “Tykhe Capital“), a leading Real-World Asset (RWA) and Security Token Offering (STO) innovator in the APAC region, announces the launch of Hong Kong’s first tokenized USD money market fund (TMF Token) (the “Fund“, TMF). This flagship product marks the Group’s fourth venture into RWA/STO projects, following its initiatives in real estate, private debt, and AI (Artificial Intelligence). It is also the Group’s first flagship product launched after the Securities and Futures Commission (SFC) of Hong Kong granted HKbitEX a license for operating a Virtual Asset Trading Platform (VATP).
Democratizing Access to Institutional-grade USD Money Market Fund The Fund is structured as an open-ended tokenized fund, investing in institutional-grade USD-denominated instruments with relatively high and stable yields. The process of tokenization revolutionizes access to finance by making a premium product once reserved for institutional clients now accessible to a wider range of investors. Key features include:
Accessible Entry Point: The minimum initial investment for the Fund is US$5,000, making a high-yield product once exclusive to institutions, now accessible to a wider range of professional investors.
Regulatory Compliance: Designed in strict adherence to SFC guidelines, ensuring a secure and trustworthy investment framework.
First of Its Kind in Hong Kong: As the city’s first tokenized MMF, this product sets a new standard in regulated financial innovation.
Future-Forward Adaptability: Pending SFC approval, the fund plans to accept stablecoins like USDT and USDC for subscriptions and redemptions, further enhancing accessibility and operational efficiency for investors.
Secondary Market: Backed by the Group’s exchange, which just secured Type 1, 7, and AMLO licenses, the tokenized MMF can be traded on the platform, providing higher liquidity and flexibility for investors upon SFC approval.
A Flagship Milestone “The launch of our tokenized MMF marks a new era for the financial landscape in Hong Kong,” said LUO Xinghua, Director of the Pioneer. “As the first of its kind in the city, this product not only exemplifies our commitment to innovation but also solidifies Hong Kong’s position as a global leader in Web3 and digital finance.”
The Fund’s debut reflects the Group’s ongoing commitment to fostering innovation and delivering superior financial solutions. As the first product launched after the Group obtained its VATP license, the MMF underscores the robustness of the Group’s regulatory compliance and its focus on creating secure investment opportunities for its clients.
https://www.tykhecapital.com/about https://www.linkedin.com/company/tykhegroup/ Wechat: Tykhe Capital
