Media OutReach
XTransfer and OCBC Jointly Announce Comprehensive Partnership
“Global Multi-Currency Accounts” Empowers SMEs with New Market Opportunities
SHANGHAI, CHINA – Media OutReach Newswire – 20 December 2024 – XTransfer, the World’s Leading & China’s No.1 B2B Cross-Border Trade Payment Platform, and OCBC, the second largest financial services group in Southeast Asia, jointly announced the comprehensive partnership. OCBC China will leverage the OCBC Group’s extensive regional network and resources in its key markets of Singapore, Hong Kong, Malaysia and Indonesia to collaborate with XTransfer to provide small and medium-sized enterprises (SMEs) engaging in international trade with one-stop innovative cross-border financial solutions, including payment, FX, risk control and wealth management. The Memorandum of Understanding was signed on 18 December 2024 by Bill Deng, Founder and CEO of XTransfer, and Ang Eng Siong, CEO of OCBC China.
Bill Deng, Founder and CEO of XTransfer, stated, “This collaboration marks a significant milestone for XTransfer, greatly enhancing our global payment capabilities. By leveraging OCBC’s extensive global payment network, XTransfer saves a substantial amount of market costs and accelerates our business expansion in Southeast Asia, saving on local expansion efforts. XTransfer looks forward to expanding its business with OCBC in the future in a variety of areas, including wealth management and lending, and is looking forward to working with them to capture the vast opportunities in Greater China and ASEAN.”
Ang Eng Siong, CEO of OCBC China, said, “OCBC uses Singapore and Hong Kong as our twin-hubs, radiating out to Greater China and ASEAN regions. XTransfer’s business development plans in these areas align closely with our network layout. As XTransfer’s global account manager, OCBC China will support XTransfer and its clients in facilitating cross-border settlements through close collaboration with various business subsidiaries of the group. This will help meet the growing demand for cross-border development and business growth, helping them achieve their aspirations in Greater China and ASEAN.”
XTransfer and OCBC collaborate in several areas of cross-border business. In particular, XTransfer leverages the strong banking networks and service capabilities of OCBC to offer its customers the “Global Multi-Currency Account” provided by OCBC Hong Kong, allowing clients to make payments and collect funds globally. The Global Multi-Currency Account supports not only major currencies, such as the Renminbi, US Dollar, British Pound, Euro, etc., but also currencies from ASEAN and various countries and regions. This will benefit SMEs in foreign trade settlement in the corresponding countries and enhance global cross-border trade efficiency. The partnership will provide XTransfer’s over 550,000 clients and their buyers with more payment and collection options. Additionally, clients can make payments and collect funds through CHATS or FPS, the local clearing network in Hong Kong, offering convenience similar to local bank transfers.
In recent years, trade exchanges between China and ASEAN have become increasingly close. According to data from XTransfer, from January to September 2024, the amount received by small and medium-sized foreign trade enterprises on the XTransfer platform from ASEAN grew by 80% compared to the previous year. The partnership between XTransfer and OCBC will address this growth in international trade by SMEs, and help them capture opportunities in trade and capital flow between China and ASEAN.
XTransfer continues to build its global payment infrastructure for foreign trade through partnerships with renowned international banks and financial institutions. This partnership with OCBC brings XTransfer a new upgrade in its global payment infrastructure, offering substantial benefits to global cross-border traders. By utilising the Global Multi-Currency Account provided by OCBC Hong Kong, buyers can easily make payments in various currencies to overseas suppliers and collect funds from worldwide customers. This partnership is expected to enhance cross-border trade by significantly broadening the payment methods and scope for SMEs.
Hashtag: #XTransfer #OCBC #Partnership #SMEs #Crossborder #Payments
https://www.xtransfer.com
https://www.linkedin.com/company/18215108/
https://x.com/xtransferglobal
https://www.facebook.com/XTransferGlobal/
https://www.instagram.com/xtransfer.global/
The issuer is solely responsible for the content of this announcement.
About XTransfer
XTransfer, World’s Leading & China’s No.1 B2B Cross-Border Trade Payment Platform, is dedicated to providing SMEs with secure, compliant, fast, convenient and low-cost foreign trade payment & fund collection solutions, significantly reducing the cost of global expansion and enhancing global competitiveness. Founded in 2017, the company is headquartered in Shanghai and has branches in Hong Kong SAR, the United Kingdom, the Netherlands, the United States, Canada, Australia, Singapore, Vietnam, Thailand, Malaysia, the Philippines, the UAE, Nigeria, etc. XTransfer has obtained local payment licenses in Hong Kong, the United Kingdom, the United States, Canada, and Australia. With more than 550,000 enterprise clients, XTransfer has become the industry No.1 in China.
By cooperating with well-known multinational banks and financial institutions, XTransfer has built a unified global multi-currency clearing network and built a data-based, automated, Internet-based and intelligent anti-money laundering risk control infrastructure centred on small and medium enterprises. XTransfer uses technology as a bridge to link large financial institutions and small and medium enterprises around the world, allowing SMEs to enjoy the same level of cross-border financial services as large multinational corporations.
XTransfer completed its Series D financing in September 2021 and achieved unicorn status. The Company possesses a diverse composition of international investors, including D1 Capital Partners LP, Telstra Ventures, China Merchants Venture, eWTP Capital, Yunqi Capital, Gaorong Capital, 01VC, MindWorks and Lavender Hill Capital Partners.
For more information: https://www.xtransfer.com/
About OCBC
Media OutReach
Step into Hong Kong: Experience the “Immersive Hong Kong” Exhibition in Dubai
Organised in collaboration with the Hong Kong Economic and Trade Office in Dubai (Dubai ETO), the exhibition is part of the ISD’s promotional campaign to showcase the city’s new attractions, advantages and opportunities. Themed “Hong Kong – Where the World Looks Ahead”, it invites visitors to explore Hong Kong’s potential for tourism, business and investment.
The Director of Information Services, Mrs Apollonia Liu, said Hong Kong efforts to deepen overseas networks, including closer ties with the Middle East.
“The Chief Executive and principal officials have led delegations since last year to strengthen connections with the Middle East. We hope this exhibition showcase Hong Kong’s unique potential,” Mrs Liu said.
The exhibition features six immersive zones, each highlighting Hong Kong’s world-class strengths:
- Financial Bridgehead: Discover Hong Kong’s leading role as a global financial hub
- I&T Brain Bank: Experience the city’s cutting-edge innovation and technology
- Blossoming Creativity: Delve into Hong Kong’s thriving arts and culture scene
- Diversity and Greenery: Explore greenery and sustainability out of the metropolis Hong Kong
- Buzzing Sports Action: Get a sneak peek of Kai Tak Sports Park, a premier sports and entertainment complex
- Messy Desk x Brand Hong Kong photo corner: Discover local elements from the creative illustration of the Hong Kong skyline
With state-of-the-art displays, naked-eye 3D installations and interactive exhibits, visitors can immerse themselves in the multi-faceted brilliance of Hong Kong.
Join the ‘Snap a Cool Shot @Immersive Hong Kong’ contest! Win a grand prize of two round-trip Cathay Pacific business class tickets to Hong Kong, or secure second prize with two round-trip economy tickets from Dubai.
Enjoy live entertainment From December 20 to 22, including a high-energy street dance show by Move Beyond and a pop concert by SENZA A Cappella, bringing Hong Kong’s dynamic culture to Dubai.
Open daily with free admission, the exhibition runs until January 5, 2025, and offers complimentary souvenirs. Come to discover Hong Kong’s unparalleled blend of innovation, creativity and opportunity.
To learn more, visit https://www.brandhk.gov.hk/en/campaign/hkpromotion-middle-east as well as www.hketodubai.gov.hk/en/index.html.
Hashtag: #ImmersiveHongKong
https://www.brandhk.gov.hk/
https://www.linkedin.com/company/brand-hong-kong/
https://twitter.com/brand_hk/
https://www.facebook.com/brandhk.isd
Wechat: Wechat: 香港 亚洲国际都会
https://www.instagram.com/brandhongkong
The issuer is solely responsible for the content of this announcement.
Media OutReach
ZJLD Awarded the 2024 Hong Kong Corporate Governance and ESG Excellence Award by the Chamber of Hong Kong Listed Companies
Hashtag: #ZJLD
The issuer is solely responsible for the content of this announcement.
About ZJLD Group Inc.
Media OutReach
Japan’s first overseas JOYPOLIS SPORTS flagship complex opens in Kai Tak Sports Park
The all-weather indoor sportainment complex, JOYPOLIS SPORTS HONG KONG, grandly opens today.
- With five stories and nearly 30,000 square feet, it features dozens of sports entertainment activities.
- With the mission of “Sports for All Generations,” it combines sports and entertainment under the concept of Sportainment.
- The first SEGA-licensed SONIC Stadium and the top-floor themed restaurant “Hungry Tiger, Hidden Dragon” are also unveiled simultaneously.
HONG KONG SAR – Media OutReach Newswire – 20 December 2024 – The largest indoor amusement park in Japan, TOKYO JOYPOLIS, launched its sister brand JOYPOLIS SPORTS, opening its first overseas flagship complex—JOYPOLIS SPORTS HONG KONG—today with a grand opening ceremony. The event was graced by Mr Shuji Utsumi, President and COO of SEGA CORPORATION; Mr. Justin Scarpone, Executive Vice President, Executive Officer and Head of Global Transmedia Group of SEGA; Mr. Nishiumi Shigehiro, Deputy Consul-General of Japan, Consulate-General of Japan in Hong Kong; Mr. Arnold Lau, Associate Director-General of Investment Promotion, InvestHK, Mr John Sharkey, Project Director, Kai Tak Sports Park Limited; along with Dr Bonnie Or, Director; Mr Vincent Law, Executive Director; Mrs Alice Law, Managing Director, Supreme Joy Limited and Mr Stanley Chan, Director and the owner of the legendary Hong Kong racehorse “Golden Sixty”; Mr Alan Ho, Director; Mr Chan Kam-lung, Director representative; and Mr. Keo. W, representative of “Hungry Tiger Hidden Dragon” and interdisciplinary designer, who served as officiating guests. They celebrated the unveiling of JOYPOLIS SPORTS HONG KONG alongside numerous distinguished guests, business partners, and friends from the sports community.
JOYPOLIS SPORTS HONG KONG – Introduction to the Three Major Themed Areas
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Ninja Dojo
Modern Ninja Training Experience
(Location:G/F)
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Modern Ninja Training Experience
At JOYPOLIS SPORTS HONG KONG, the Ninja Dojo perfectly combines traditional Japanese ninja elements with modern ninja athletic concepts. Participants enter a training dojo where they can enhance their explosive power and reaction speed through traditional ninjutsu techniques, martial arts training, and the throwing of ninja tools. They will face a series of challenges that test both physical fitness and intelligence, earning exclusive scores to assess their modern ninja skills.
Selected Game Highlights:
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SONIC Stadium
SEGA Licensed the First Sports-Themed SONIC Stadium
(Location: 2/F)
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SEGA-Licensed SONIC Stadium
The SONIC Stadium at JOYPOLIS SPORTS HONG KONG is licensed by SEGA that combines multiple SONIC-themed family entertainment attractions. This exciting arena merges the world of SONIC with sports amusement facilities, offering a thrilling experience filled with speed and excitement. Specifically designed for fans, the stadium allows visitors to experience SONIC’s signature moves while pushing their own limits. It also features a dedicated parent-child sports area designed for children aged 2 to 11, ensuring that players of all ages can immerse themselves in the world of SONIC.
Selected Game Highlights:
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FUTURE ARENA
World-Class Innovative Sports Experiences
(Location:3/F)
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Seamless Integration of Physical Sports and Innovative Entertainment
The Future Arena at JOYPOLIS SPORTS HONG KONG combines physical activities with cutting-edge entertainment experiences. It showcases the latest projects developed specifically for the Hong Kong flagship complex, featuring advanced sports games created by top global game developers. Players can immerse themselves in these experiences without wearing any equipment, redefining fitness and entertainment through state-of-the-art technology.
Selected Game Highlights:
The Future Arena promises to offer unparalleled fun and engagement, making it an exciting destination for fitness enthusiasts and gamers alike.
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Merchandise
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Ticketing Office and Souvenir Shop
(Location:1/F)
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Ticketing Office and Souvenir Shop
The ticketing office and souvenir shop are located on the first floor, offering official SEGA SONIC & FRIENDS merchandise from Japan, as well as a variety of SONIC memorabilia from around the world. Every fan will find something to cherish.
Additionally, JOYPOLIS SPORTS HONG KONG will collaborate with popular IPs to periodically launch exclusive events, limited-edition products, collectibles, and even more exciting surprises waiting to be discovered!
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Hashtag: #JOYPOLIS
The issuer is solely responsible for the content of this announcement.
About JOYPOLIS SPORTS HONG KONG
- JOYPOLIS SPORTS HONG KONG
Monday to Saturday: 10:30 am – 8:30 pm
- Hungry Tiger Hidden Dragon Restaurant and Bar
Monday to Wednesday, Sunday: 12pm – 10pm
Thursday to Saturday: 12pm – 2am
- Instagram: @joypolis_sports_hk | @SONIC_stadium_hk
- Facebook: JOYPOLIS SPORTS HONG KONG | SONIC STADIUM HONG KONG
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