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- The HKTDC returns with the second Hong Kong Shopping Festival in August, building on the initiatives in the 2024 Policy Address to help local SMEs expand into the Mainland China market through e-commerce channels- The Hong Kong Shopping Festival is the flagship event of the E-commerce Express, and has received an enthusiastic response, attracting nearly 260 brands presented by Hong Kong SMEs across seven major categories, providing them with practical opportunities to operate on key e-commerce platforms in the mainland- Fully supported by the Hong Kong Special Administrative Region (HKSAR) Government, Financial Secretary of the HKSAR Government Paul Chan filmed a promotional video for the Hong Kong Shopping Festival.HONG KONG, July 30, 2025 - (ACN Newswire via SeaPRwire.com) - The second Hong Kong Shopping Festival, organised by the Hong Kong Trade Development Council (HKTDC)  will take place on Mainland e-commerce platforms from 1 to 31 August. Fully aligned with measures outlined in the 2024 Policy Address, the festival aims to support Hong Kong's small and medium-sized enterprises (SMEs) as they expand into the Mainland e-commerce market. As the flagship event of HKTDC's E-commerce Express, the Hong Kong Shopping Festival has attracted nearly 260 brands across seven major categories, including health supplements, food and beverages, home and living, personal care and cosmetics, apparel and accessories, smart gadgets, and products for the silver market. The festival features over 500 unique products and offers month-long discount promotions. With the full support of the Government of the Hong Kong Special Administrative Region (HKSAR), a launch ceremony for the second Hong Kong Shopping Festival was held today. The Financial Secretary of the HKSAR Government Paul Chan also filmed a promotional video for the campaign (video link: https://bit.ly/4mkvpec).  Algernon Yau, Secretary for Commerce and Economic Development of the HKSAR Government said: “Building on the great success of the first edition of the Hong Kong Shopping Festival last year, this year’s event has attracted even more brands to participate. E-commerce is a major global trend in retail development. In 2024, the cross-border e-commerce market of the Mainland with vast potential reached over RMB17 trillion, presenting a golden opportunity for Hong Kong businesses to expand. In light of this, the government has been fully supporting industry upgrading and transformation through various measures to help enterprises establish online sales channels. The Hong Kong Shopping Festival serves as an ideal platform to showcase the city's premium products to more Mainland consumers."Patrick Lau, Deputy Executive Director, HKTDC, said: “New consumer trends are emerging in the Mainland market, reshaping buying habits and creating tremendous opportunities for Hong Kong businesses. While Hong Kong SMEs offer high-quality products, they need to understand the local business environment and e-commerce practices to successfully enter this vast market. As the flagship event of HKTDC's E-commerce Express, the second Hong Kong Shopping Festival will partner with major e-commerce and social media platforms for promotion and include a series of training sessions focused on the Mainland e-commerce market. This initiative aims to help businesses effectively tap into opportunities in Mainland e-commerce and connect with their target customers.”In November 2024, the Hong Kong Trade Development Council (HKTDC) released a research study on the development of cross-border e-commerce for Hong Kong traders. HKTDC Director of Research, Irina Fan, said over 60% of surveyed Hong Kong businesses view the Mainland Chinese market as the most promising e-commerce market in the coming one to two years. To help Hong Kong businesses gain insights into the Mainland e-commerce market, HKTDC Research interviewed 2,200 Mainland consumers from different regions about their online shopping behavior and characteristics. Ms Fan said: “Mainland China is the world’s largest e-commerce market and has a well-developed e-commerce industry. Hong Kong businesses must gain a deep understanding of Mainland consumers’ online shopping behaviors, their preferences for Hong Kong products, and the factors they consider when choosing e-commerce platforms. Only then can they formulate appropriate business strategies and effectively capture opportunities in the Mainland e-commerce retail market.” The latest research report: Hong Kong Businesses Navigating Mainland China E-commerce Retail Market - Consumer Survey Results will be released on 7 August 2025.The Hong Kong Shopping Festival aims to help Hong Kong businesses take advantage of the large customer base and traffic on Mainland e-commerce platforms, boosting their brand and product visibility while providing practical opportunities. Last year's inaugural edition was very successful, with total views on e-commerce platforms, social media, and the event's official website exceeding 90 million. This year, the HKTDC has enhanced the programme, enabling businesses to better seize market opportunities and speed up their expansion into the Mainland market.To enhance support for Hong Kong SMEs and local brands entering the Mainland e-commerce market, this year's Hong Kong Shopping Festival has introduced thematic seminars and one-on-one consultancy services. From late 2024 to June 2025, HKTDC has successfully organised a series of training sessions led by marketing experts, who shared practical insights on topics such as cross-border e-commerce, logistics, payment tools, marketing skills, and live-stream production. Additionally, nearly 50 one-on-one consulting meetings were held, where Mainland marketing experts offered tailored e-commerce strategies to individual participating companies based on the unique characteristics of their products.This year, Discount Month and live-streaming e-commerce will return with enhanced offering. Discount Month will take place from 1 to 31 August, with all Hong Kong businesses involved in the Hong Kong Shopping Festival offering discounts of up to 75%. This initiative not only helps businesses grow but also allows consumers to buy high-quality products from Hong Kong online. The official website of Hong Kong Shopping Festival will provide event details, live-streaming  schedules and information about participating brands, products and discounts. In addition, HKTDC will promote the campaign through online and offline platforms, including Xiaohongshu, Douyin, Taobao, JD and others, to boost visits to the official website and, redirect them to the SMEs’ online stores.HKTDC recently hosted the debut “Product Selection Showcase” which attracted over 40 popular KOLs and their teams from platforms like Taobao, JD.com, and Douyin to connect with participating brands offline in Hong Kong. They experienced the products firsthand, learned about the brand stories, shared highlights and live-stream previews. In early August, HKTDC’s invited Mainland key opinion leaders (KOLs), including Li Jiaqi, Lin Yilun and Hu Ke, will conduct 35 live-streaming sessions for more than 80 brands on major e-commerce platforms, in which nearly 20 live-streaming sessions will take place in Hong Kong for the first time, allowing Mainland consumers to fully experience shopping in Hong Kong. This arrangement will make live-streaming more appealing, enhance visibility for Hong Kong products and brands, and build consumer trust and interest, while providing a valuable live-streaming experience for participating businesses.Mainland online marketing strategies are diverse and multifaceted. Beyond live-streaming, there are numerous ways to enhance brand exposure. Ryan Tse, President of the Hong Kong Health Food Association, Director of Vita Green Health Products Co., Ltd., Elijandy, Founder and Director of Cross International Ltd and Jones Ng, Founder of Chiwa Digital Media Capital Group Ltd. shared valuable insights in e-commerce marketing and promotion at the launch ceremony. Artist Samantha Ko Hoi Ling talked about her experiences in live-streaming and online shopping, further enhancing the effectiveness and exposure of the second Hong Kong Shopping Festival.Hong Kong Shopping Festival: https://f1546.vrupup.com/s/1546/f/main.html#/Photo Download: http://bit.ly/3IS8gRVPatrick Lau, Deputy Executive Director, HKTDC (third from right); Ryan Tse, President of the Hong Kong Health Food Association, Director of Vita Green Health Products Co., Ltd. (second from right); Elijandy, Founder and Director of Cross International Ltd. (first from left); Jones Ng, Founder of Chiwa Digital Media Capital Group Ltd. (first from right) and Samantha Ko Hoi Ling, Artist (second from left), attend the launch ceremony for the second Hong Kong Shopping Festival.The Hong Kong Special Administrative Region (HKSAR) Government provides full support to the Hong Kong Shopping Festival. Paul Chan, Financial Secretary of the HKSAR Government, filmed a promotional video.Patrick Lau, Deputy Executive Director of HKTDC, announces that as the flagship event of HKTDC's E-commerce Express, the second Hong Kong Shopping Festival will partner with major e-commerce and social media platforms for promotion and include a series of training sessions focused on the Mainland e-commerce market.Irina Fan, HKTDC Director of Research, said over 60% of surveyed Hong Kong businesses view the Mainland Chinese market as the most promising e-commerce market in the coming one to two years.Samantha Ko Hoi Ling, Artist, attends the launch ceremony of the Hong Kong Shopping Festival, promoting Hong Kong’s brands and products.Media EnquiriesYuan Tung Financial Relations:Louise Song Tel: (852) 3428 5691 Email: lsong@yuantung.com.hkTiffany Leung Tel: (852) 3428 2361 Email: tleung@yuantung.com.hk  HKTDC’s Communications & Public Affairs Department:Sharon Ha Tel: (852) 2584 4575 Email: sharon.mt.ha@hktdc.orgKaty Wong Tel: (852) 2584 4524 Email: katy.ky.wong@hktdc.orgHKTDC Media Room: https://mediaroom.hktdc.com/enAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus.  Copyright 2025 ACN Newswire via SeaPRwire.com.

HONG KONG, July 30, 2025 - (ACN Newswire via SeaPRwire.com) - The Hong Kong Trade Development Council (HKTDC) welcomes the release of the "Report on Hong Kong’s Business Environment: Unique Strengths under 'One Country, Two Systems'" by the Hong Kong Special Administrative Region (HKSAR) today.Prof Frederick Ma, Chairman of the HKTDC, said, "This report details Hong Kong's business environment and advantages in various sectors, providing concrete analyses with cases and data on business opportunities. It will further attract global businesses to leverage Hong Kong's business platform and professional services."Prof Ma also pointed out that under 'One Country, Two Systems', Hong Kong possesses unique advantages in connecting both Hong Kong and international markets, playing a vital role as a superconnector and super value-adder.He continued, "As an international investment and financial centre, Hong Kong can provide diverse financing channels and options for infrastructure projects in the mainland and other regions, contributing to the high-quality development of the Belt and Road Initiative." The 10th Belt and Road Summit will be held from 10 to 11 September, promoting multilateral cooperation.The HKTDC will continue to align with HKSAR policies, actively promoting Hong Kong's business advantages, facilitating international trade and business activities and providing comprehensive support, especially for SMEs.Media enquiriesPlease contact the HKTDC’s Communications & Public Affairs Department:Sam HoTel: (852) 2584 4569Email: sam.sy.ho@hktdc.org   About HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Copyright 2025 ACN Newswire via SeaPRwire.com.

HONG KONG, July 31, 2025 - (ACN Newswire via SeaPRwire.com) - As Hong Kong’s equity market continues to face valuation pressure and investor sentiment remains cautious, Shoucheng Holdings (0697.HK) has taken decisive action to respond with confidence.According to disclosures filed with the Hong Kong Stock Exchange, the company repurchased 20.65 million shares over two consecutive days on July 29 and 30, 2025, for a total consideration of HKD 37.93 million, with prices ranging between HKD 1.80 and HKD 1.87 per share. This is not the company’s first sizable repurchase this year. In fact, Shoucheng Holdings has repurchased over 36 million shares since July, with total capital deployed exceeding HKD 66 million.At a time when many peers remain on the sidelines, Shoucheng’s sustained repurchases highlight the strength of its conviction and capital position.1. Beyond Price Support: A Declaration of Long-Term Confidence by ManagementShare repurchases are among the most direct signals a listed company can send to the capital markets. Unlike short-term technical interventions, Shoucheng’s proactive repurchase strategy clearly reflects management’s firm belief in the company’s long-term intrinsic value.Management commented:“Our current share price does not fully reflect the company’s fundamentals and industrial potential. At a time of significant undervaluation, we believe it is our responsibility to act decisively and demonstrate long-term confidence. This reflects our accountability to shareholders and our responsibility as an industry-driven enterprise.”Public filings show that Shoucheng has been executing a dual-engine strategy focused on asset operation and asset integration, while expanding into core areas such as REITs investment, smart parking, and industrial real estate. At the same time, it is actively investing in emerging sectors such as robotics and medical technology, creating stronger synergy between capital and industry.2. IPO Pipeline in Motion: Capital Realisation Within ReachRecent developments among Shoucheng’s portfolio companies have further reinforced its long-term outlook.Leading robotics company Unitree Robotics has officially launched its STAR Market IPO process. As a global leader in quadruped and humanoid robotics, Unitree’s upcoming listing is widely viewed as a milestone in the sector’s capital market trajectory. Shoucheng led Unitree’s Series C round in 2024 and continued to participate in subsequent rounds. Based on publicly available data, Shoucheng’s managed Beijing Robotics Industry Development Fund is Unitree’s eighth largest shareholder, positioning the company to be a key beneficiary of its IPO.Meanwhile, cell therapy and immuno-engineering biotech firm IMUNOPHARM has also entered IPO preparation, strengthening Shoucheng’s pipeline of high-potential medical technology exits.With multiple portfolio companies nearing their capitalisation windows, Shoucheng’s continued repurchases not only bolster market confidence but also reflect management’s acute understanding of the disconnect between primary market valuations and secondary market pricing.3. Three Key Conferences Accelerate Robotic Ecosystem MomentumBeyond capital developments, Shoucheng’s industrial strategy is approaching a critical point.In late July, the 2025 World Artificial Intelligence Conference (WAIC) successfully concluded. Several of Shoucheng’s portfolio companies, including Unitree Robotics, Noetix Robotics, DEEP Robotics, Galbot and Matrix showcased their latest advances in intelligent manufacturing and embodied AI.Looking ahead to August, two major robotics events are set to follow: the 2025 World Robot Conference (WRC) and the inaugural World Humanoid Robot Games. As premier global platforms, these events are expected to accelerate industry recognition and application for Shoucheng’s growing robotics ecosystem.Companies under Shoucheng’s portfolio—Unitree, Galbot, Booster Robotics, Noetix, and DEEP Robotics—will participate across key domains, from full-system R&D, control software, and bio-inspired actuators to real-world deployment and developer ecosystems. This reflects Shoucheng’s full-chain capabilities from early-stage investment to platform-level industrial enablement.While many companies remain cautious, waiting for a full market rebound, Shoucheng has already taken proactive steps to communicate its confidence. Its recent repurchases are not merely a price management tool—they are an expression of its strategic direction, execution discipline, and commitment to long-term value creation.As the August industry window opens and IPO progress accelerates, Shoucheng’s repurchase strategy may prove not only timely but also visionary, marking an early confirmation of the company’s future growth trajectory.Posted by All Way Success Company Limited for Shoucheng Holdings www.shouchengholdings.com [HKSE:0697, FRA:SHVA, OTCPK:SHNHF] Copyright 2025 ACN Newswire via SeaPRwire.com.

Nashville, TN, July 30, 2025 - (ACN Newswire via SeaPRwire.com) - The Global Technology Distribution Council (GTDC) released its collaborative research report titled "The Distribution Onramp: A Quick-Start Guide for Established and Emerging Technology Vendors" during the GTIA ChannelCon event this week. The engaging new study provides valuable best practices for initiating and developing strong and mutually beneficial relationships between technology suppliers and distributors.In today's fast-paced technology landscape, IT vendors are under immense pressure to scale their sales, technical support and other operations quickly and efficiently to meet market demands and stay ahead of the competition. GTDC's latest report illustrates how a well-designed channel program can create an accelerated path to achieving these goals, particularly if the organization leverages two-tier distribution to cost-effectively expand their reach, enhance customer engagement and drive net new sales. This valuable industry resource emphasizes the importance of initial engagements. The investments vendors make and the best practices they put into place prior to beginning the onboarding process with new distributors are both crucial to the success of these vital partnerships. Aligning sales, marketing and channel-related resources helps reduce the learning curve and creates a stronger and more optimized ecosystem for vendors, distributors, solution providers and the organizations and individual users they support."Successful navigation of the distribution onboarding process increases the value of these relationships across the channel, ensuring quicker and higher returns on investments for vendors and their partner communities," says Frank Vitagliano, CEO of GTDC. "These mission-critical alliances benefit greatly from a solid foundation and continual nurturing, and early adoption of these industry best practices minimizes the chances of making costly mistakes or, worse, failing to capitalize on major business opportunities."The onboarding process is critical for technology vendors looking to establish new relationships with distributors and gain the most leverage from the IT channel. The report highlights several critical steps for ensuring suppliers' success through this journey, including:Complete a market coverage evaluation to identify gaps and opportunities for expansion.Optimize products and services for channel partners/distribution.Align sales and technical competencies to ensure the respective teams can collaborate and help manage lead generation, pipelines and partner support.Establish clear rules of engagement to avoid misunderstandings and partner conflicts.Ensure offerings are "channel-ready" to speed adoption and simplify partner management.Invest in marketing resources and programs to better engage the channel community.Provide technical resources to train and support distributor teams and integration projects.Create clearly defined goals and metrics to track future progress.Fully commit to prospective distribution partners and provide needed/valued resources.IT distribution offers technology vendors an accelerated path to the channel ecosystem and also provides the tools, expertise, and networks to expand their reach up and downstream, enhance partner engagement and generate incremental sales. Successful navigation of the onboarding process increases the value of these relationships across the ecosystem.To access the complete report, visit the GTDC Knowledge Hub.About the GTDCThe Global Technology Distribution Council is the industry consortium representing the world's leading tech distributors. GTDC members drive an estimated $170 billion in annual worldwide sales of products, services and solutions through diverse business channels. GTDC conferences support the development and expansion of strategic supply-chain partnerships that continually address the fast-changing marketplace needs of vendors, end customers and distributors. GTDC members include AB S.A (WSE: ABPL), Arrow Electronics (NYSE: ARW), CMS Distribution, Computer Gross Italia (MI: SES), D&H Distributing, ELKO, Esprinet (PRT.MI), Exclusive Networks (EPA: EXN), Exertis, Infinigate, Ingram Micro (NYSE: INGM), Intcomex, Logicom (CSE: LOG), Mindware, ​ ​Redington Limited (BSE/NSE: Redington), Siewert & Kau, SiS Technologies (HKSE:0529), Tarsus, TD SYNNEX (NYSE: SNX), TIM AG, VSTECS Holdings and Westcon-Comstor.GTDC MEDIA CONTACT:Brian Sherman(814) 882-4432bsherman@commcentric.comSOURCE: Global Technology Distribution Council Copyright 2025 ACN Newswire via SeaPRwire.com.

HONG KONG, July 30, 2025 - (ACN Newswire via SeaPRwire.com) - Shoucheng Holdings Limited (0697.HK) recently announced via the Hong Kong Stock Exchange that it repurchased 17.65 million shares through on-market transactions on July 29, 2025, with a total consideration of HK$32.301 million. The repurchase price ranged from HK$1.80 to HK$1.86 per share. This marks another substantial buyback in the past month, reflecting management’s firm confidence in the company’s intrinsic value and long-term development.According to data, since July 2025, Shoucheng Holdings has cumulatively repurchased approximately 36.746 million shares, with a total expenditure of HK$66.7313 million. In addition to the July 29 buyback, the company executed another significant repurchase on July 10, acquiring 19.05 million shares for HK$34.3464 million at a price range of HK$1.79–1.80.Share repurchases are among the strongest signals a listed company can send to the market. In the face of short-term market volatility, Shoucheng has chosen to act decisively, reaffirming its responsibility to shareholders and its long-term value commitment. Management has conveyed a clear message: the company is committed to defending its fundamentals and investor confidence with concrete capital actions.Management stated: “We remain firmly optimistic about the long-term value of Shoucheng Holdings and are confident in our strategic direction, operational foundation, and future growth. This round of repurchases reflects our duty as a listed company to our shareholders, the market, and the company itself. We will continue to step forward at key moments to stabilize expectations and fulfill our long-term commitments to investors.”As a leading smart infrastructure asset operator in China, Shoucheng has deeply invested in core business sectors including equity investment, REITs, industrial real estate, and smart parking. It has built a strong asset cycle and cash flow system. In emerging sectors such as robotics and new infrastructure, the company continues to unlock growth potential and industrial synergy.Industry observers note that in today’s undervalued Hong Kong market, Shoucheng’s large-scale repurchase sends a clear signal: the company is prepared to reward long-term investors through steady performance, solid fundamentals, and disciplined capital management—true to its role as a creator of long-term value.With strong fundamentals and buybacks reinforcing support, Shoucheng Holdings’ future market performance is worth watching.Posted by All Way Success Company Limited for Shoucheng Holdings www.shouchengholdings.com [HKSE:0697, FRA:SHVA, OTCPK:SHNHF] Copyright 2025 ACN Newswire via SeaPRwire.com.