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Completion of Strategic Acquisition of Hong Kong Life by Yuexiu Driving a New Chapter of Business Development and Innovation

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HONG KONG SAR – Media OutReach Newswire – 9 October 2025 – Hong Kong Life Insurance Limited (“Hong Kong Life”) is pleased to announce the successful completion of the strategic acquisition by Yuexiu Enterprises (Holdings) Limited (“Yuexiu”), marking an important milestone in Hong Kong Life’s development history for over 20 years. This transaction strengthens Hong Kong Life’s market position and accelerates innovation in its insurance business.

On 27 December 2024, Asia Insurance Company Limited, CMB Wing Lung Agency Limited, OCBC Bank (Hong Kong) Limited and Shanghai Commercial Bank Limited (collectively, the “Original Shareholders”), entered into a share purchase agreement with Yuexiu pursuant to which the Original Shareholders shall sell 83.33 % shareholding interests in Hong Kong Life to Yuexiu Insurance (Holdings) Limited, a newly incorporated wholly owned subsidiary of Yuexiu (the “Transaction”).

The Transaction received the requisite regulatory approval on 25 September 2025 and was completed today. The Transaction results in Yuexiu indirectly holding 83.33 % of the issued share capital of Hong Kong Life through Yuexiu Insurance (Holdings) Limited. The other original shareholder Chong Hing Insurance Company Limited, a wholly owned subsidiary of Yuexiu, retains its 16.67 % of the issued share capital of Hong Kong Life. Yuexiu therefore has become the 100% ultimate owner of Hong Kong Life.

Mr. Andrew Li Feng, the new Chairman of the Board of Directors of Hong Kong Life, commented, “This acquisition represents an important milestone in Yuexiu’s strategic layout in strengthening its footprint in the financial sector. Hong Kong Life has a well-established and reliable brand and its deeply rooted relationship built with customers is highly complementary to Yuexiu’s vision of building a robust and diversified financial service platform across the Greater Bay Area. We are confident that this acquisition will unlock synergies by leveraging Yuexiu Group’s expertise across banking, insurance, securities and investment sectors, driving the innovations of financial and insurance services, energizing the retirement and medical services in the region and creating greater value to the public.” Mr. Andrew Li Feng continued, “We are confident in the long-term prospects of the Hong Kong insurance market. Yuexiu will inject HK$ 1 billion additional capital into Hong Kong Life, which can strengthen the capital foundation of Hong Kong Life, as well as its capabilities to develop more products, services and channels.”

Mr. Raymond Chang, Chief Executive of Hong Kong Life, commented, “In the past over 20 years, Hong Kong Life has built a solid and trusted business foundation, and is proud of the corporate culture and legacy that we’ve created together with our original shareholders. Today, as we become a member of Yuexiu Group, we are entering a new era full of opportunities. With Yuexiu’s robust strength and abundant resources, Hong Kong Life is well-positioned to accelerate its innovation, enhance our product quality and customer experience, and expand our market presence. This transaction will also empower Hong Kong Life with higher branding value, more diversified product offerings and stronger business momentum. Not only can the additional capital strengthen the capital foundation of the company but also uplift our capabilities of developing new products and services, especially in the retirement and health service sectors, which are our important directions for future development. In view of the aging population and the trend of more Hong Kong citizens moving northward for retirement and medical services, Hong Kong Life is determined to develop more retirement and health protection solutions with enhanced supporting services, contributing to the integration development of the Greater Bay Area. We would remain fully committed to delivering quality insurance solutions and services, striving for excellence, high quality and being trusted by customers.”

Hashtag: #YuexiuGroup #HongKongLife




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

About Hong Kong Life

Hong Kong Life Insurance Limited (“Hong Kong Life”) was established in 2001 and is committed in providing customers with comprehensive and convenient insurance and wealth management services through an extensive distribution network of approximately 130 distribution locations, including Chong Hing Bank, CMB Wing Lung Bank, OCBC Bank (Hong Kong), and Shanghai Commercial Bank.

On 27 December 2024, the original shareholders of Hong Kong Life entered into a share purchase agreement with Yuexiu to sell 83.33% of their shareholding interests in Hong Kong Life. Effective from 9 October 2025, Hong Kong Life has officially become a member of Yuexiu Group, marking the successful completion of the strategic acquisition of Hong Kong Life by Yuexiu.

About Yuexiu
Founded in Hong Kong in 1985, Yuexiu Enterprises (Holdings) Limited ranks top in asset size of all state-owned enterprises in Guangzhou. Yuexiu Group holds six listed platforms, namely Yuexiu Property (123.HK), Yuexiu Transport Infrastructure (1052.HK), Yuexiu Real Estate Investment Trust (405.HK), Yuexiu Services (6626.HK), Yuexiu Financial Holdings Group Co. Ltd. (987.SZ) and China Asset Management – Yuexiu Highway REIT (180202.SZ). In 2024, Yuexiu was ranked 208th in the “Top 500 Chinese Enterprises” and 11th in the “Top 100 Multinational Corporations in China”. By the end of 2024, Yuexiu’s total assets corresponding to its statistical standards reached RMB 1,138.5 billion, exceeding RMB 1 trillion.

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Cyber and Supply Chain Risks Reshaping Japan’s Business Landscape, Aon Survey

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  • “Geopolitical Volatility” is a top five current and future risk, highlighting the growing instability across the region
  • 83 Percent of Firms Report Rising Insurable Risk Costs

TOKYO, JAPAN – Media OutReach Newswire – 12 February 2026 – Aon plc (NYSE: AON), a leading global professional services firm, has released the Japan findings of its 2025 Global Risk Management Survey. The survey reveals that Japanese businesses are navigating a complex landscape marked by persistent cyber threats, supply chain disruptions and weather/natural disasters. The survey, which gathered insights from nearly 3,000 risk managers, C-suite leaders and executives across 63 countries, highlights the unique risks Japan businesses are facing amid global disruption.

Japan’s Top Risks:

“Cyber Attacks/Data Breach” remains the top risk for Japanese businesses, consistent with global trends. “Supply chain or distribution failure” ranks second, as extreme weather events and mounting geopolitical volatility including shifting trade policies force companies to reassess their supply chains. In addition, “Product Liability/Recall” and “Exchange Rate Fluctuation” pose significant risks, reflecting the country’s manufacturing strength and exposure to global market volatility. Notably, 63.6 percent of Japanese respondents reported losses due to product liability or recall issues and 47.6 percent cited losses from exchange rate fluctuations.

Tatsuya Yamamoto, CEO of Japan at Aon, said, “Japanese organisations are operating in an environment of unprecedented complexity. Cyber, weather and geopolitical risks continue to be acute challenges for Japan businesses, underscoring the need for robust risk management frameworks and agile strategies. As market trends shift and competition intensifies, vigilance and adaptability will be key. The interconnectedness of risks – where a cyber attack can disrupt supply chains or geopolitical volatility can trigger regulatory changes – demands a holistic, proactive approach to resilience.”

2025 Top 10 Business Risks in Japan

  1. Cyber Attacks/Data Breach
  2. Supply Chain or Distribution Failure
  3. Weather/Natural Disasters
  4. Geopolitical Volatility
  5. Business Interruption
  6. Economic Slowdown/Slow Recovery
  7. Exchange Rate Fluctuation
  8. Commodity Price Risk/Scarcity of Materials
  9. Product Liability/Recall
  10. Failure to Attract or Retain Top Talent

Risk Management: Formalisation and Focus on Insurable Risks

Japanese organisations demonstrate a strong commitment to risk management, with 74.7 percent having a formal risk management and insurance department, compared to 68.4 percent globally. Additionally, 75.3 percent measure the total cost of insurable risk and 83.3 percent report that these costs are increasing. While risk awareness is rising, most organisations have yet to quantify their exposures or leverage advanced analytics.

Japanese Businesses Risk Management Assessments for Top Three Risks

For “Cyber Attacks/Data Breaches”:

  1. 27.2 percent have assessed the risk
  2. 12.6 percent have developed continuity plans
  3. 22.3 Percent have risk management plans

For “Supply Chain or Distribution Failure”:

  1. 25 percent have assessed the risk
  2. 20 percent have developed continuity plans
  3. 26.7 Percent have risk management plans

For “Weather/Natural Disasters”:

  1. 24.1 percent have assessed the risk
  2. 22.4 percent have developed continuity plans
  3. 13.8 percent have risk management plans

Future Risks: Rapidly Changing Market Trends and Geopolitical Volatility

Looking ahead, Japanese organisations expect “Weather/Natural Disasters” and “Geopolitical Volatility” to remain critical risks, alongside “Rapidly Changing Market Trends,” which is more prominent in Japan than globally. This highlights the country’s exposure to climate events and evolving consumer preferences.

Japan’s Top Five Future Business Risks by 2028:

  1. Cyber Attacks/Data Breach
  2. Weather/Natural Disasters
  3. Geopolitical Volatility
  4. Rapidly Changing Market Trends
  5. Increasing Competition

Shinichi Kandatsu, head of Commercial Risk Solutions for Japan at Aon, said, “Cyber and weather-related risks continue to lead the rankings as top concerns for Japanese businesses today and in the future, with geopolitical volatility also ranking among the top five risks across both periods. This trend reflects the growing instability across the region, with implications for supply chains, regulatory environments and financial performance. In today’s fast-moving market, leveraging advanced data analytics is essential for businesses to anticipate emerging risks, optimise risk capital and build resilience. The findings from Aon’s Global Risk Management Survey provide Japanese businesses with actionable information to benchmark their risk strategies and identify areas for improvement.”

To access the full report and explore how Aon is helping clients navigate today’s disruption dynamic, visit Global Risk Management Survey Japan

Hashtag: #Aon

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

About Aon

Aon plc (NYSE: AON) exists to shape decisions for the better — to protect and enrich the lives of people around the world. Through actionable analytic insight, globally integrated Risk Capital and Human Capital expertise, and locally relevant solutions, our colleagues provide clients in over 120 countries with the clarity and confidence to make better risk and people decisions that help protect and grow their businesses.

Follow Aon on LinkedIn, X, Facebook and Instagram. Stay up-to-date by visiting Aon’s newsroom and sign up for news alerts here.

Disclaimer

The information contained in this document is solely for information purposes, for general guidance only and is not intended to address the circumstances of any particular individual or entity. Although Aon endeavours to provide accurate and timely information and uses sources that it considers reliable, the firm does not warrant, represent or guarantee the accuracy, adequacy, completeness or fitness for any purpose of any content of this document and can accept no liability for any loss incurred in any way by any person who may rely on it. There can be no guarantee that the information contained in this document will remain accurate as on the date it is received or that it will continue to be accurate in the future. No individual or entity should make decisions or act based solely on the information contained herein without appropriate professional advice and targeted research.

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Sustainable seafood matters to eight in ten consumers, leading to calls for retailers to support sustainable choices

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MSC calls on retailers to increase their offer of sustainable seafood products ahead of the Chinese New Year, in response to insights from consumers

SINGAPORE – Media OutReach Newswire – 12 February 2026 – As families across Singapore and Malaysia prepare to toss yusheng and serve whole steamed fish for Chinese New Year, new research reveals a striking disconnect: more than eight in ten Malaysians (85%) and nearly three-quarters of Singaporeans (74%) say sustainable seafood matters to them.

Despite actively seeking out sustainable sources, a YouGov survey commissioned by the Marine Stewardship Council (MSC) found that more than half of Singapore consumers (58%) have never noticed an eco-label when shopping. Recognition of the MSC blue ecolabel label sits at 21%.

With seafood consumption expected to rise during Chinese New Year as celebrations take centre stage, it’s a critical moment for sustainable shopping choices.

Malaysia consumes more than double the global average per capita (49 kg versus 21 kg globally), while Singapore imports most of its seafood supply. Without clear labelling and retailer commitment, consumers who want to make sustainable choices often cannot.

In Malaysia, where fishing remains central to coastal livelihoods, 75% of Malaysians believe support and resources are essential for local fishermen to fish responsibly and sustainably.

In Singapore, where nearly all seafood is imported, consumers look to retailers and regulators for assurance, with 55% citing government standards and 54% citing origin information as key drivers of confidence.

“When asked what sustainable seafood means to them, consumers demonstrated a sophisticated understanding: 62% of Singaporeans and 56% of Malaysians associate it with well-managed fisheries operating under clear rules.

“It’s clear that consumers are ready and willing to seek out credible certification, so we’re urging retailers and businesses to make MSC eco-label products visible and accessible,” saidAnne Gabriel, Program Director for Oceania and Singapore at the Marine Stewardship Council.

The research also highlights expectations of retailers. More than half of Singaporeans (52%) believe supermarkets should commit to sourcing sustainable seafood. Even amid cost-of-living pressures, 38% say they are willing to pay more for sustainably sourced seafood, while many others say clear labelling would help them make better choices within their budget.

The findings suggest that as festive demand peaks, clearer eco-labelling could help consumers align their values with their shopping – without changing what’s on the dinner table.

Shoppers can find MSC certified sustainable seafood at Cold Storage Singapore, FairPrice Group and Prime Supermarket in Singapore, and at AEON Retail, Jaya Grocer and Village Grocer in Malaysia.

Key findings at a glance

  • 85% of Malaysians and 74% of Singaporeans say sustainable seafood is important
  • 63% (MY) and 58% (SG) have never noticed any eco-label on seafood
  • 75% of Malaysians believe fishermen need support to fish sustainably
  • 52% Singaporeans say retailer commitment to sustainable sourcing would encourage them to choose sustainable seafood
  • Malaysia consumes 49kg of seafood per capita annually vs 21kg global average, sources from Malaysia – Fishery and Aquaculture Country Profiles

About the research
The survey was conducted by YouGov on behalf of the Marine Stewardship Council between 15-19 January 2026. The sample comprised 1,007 adults aged 18+ in Singapore and 1,003 adults aged 18+ in Malaysia. Data was weighted to be representative of the adult population in each country.
Hashtag: #TheMarineStewardshipCouncil #MSC

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

About the Marine Stewardship Council (MSC)

The Marine Stewardship Council (MSC) is an international non-profit organisation. Our vision is of the world’s oceans teeming with life, and seafood supplies safeguarded for this and future generations. Our blue fish ecolabel and fishery certification program recognises and rewards sustainable fishing practices. When you see the blue fish label, you can trust the seafood was caught sustainably. For more information visit

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ATPI Strengthens Taiwan Presence with Award-Winning Travel Management Solution

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2025 Global Travel Management Company of the Year recognition affirms ATPI’s leadership in localised, enterprise-ready travel management

TAIPEI, TAIWAN – Media OutReach Newswire – 12 February 2026 – ATPI Taiwan continues to strengthen its position as a trusted global travel management partner for organisations operating in Taiwan, following the recognition of ATPI’s Hong Kong and Singapore operations as Global Travel Management Company of the Year at the Travel Daily Media Travel Trade Excellence Awards 2025.

Photo caption: (Left to Right) Kelly Jones, Managing Director of ATPI Taiwan; Gary Marshall, CEO of Travel Daily Media; and Ali Hussain, Managing Director of ATPI Asia, at the TDM Travel Trade Excellence Awards 2025 – Asia

The Travel Daily Media Travel Trade Excellence Awards – Asia recognises organisations demonstrating excellence in operational delivery, technology integration and service innovation. ATPI was recognised for its ability to deliver globally integrated travel programmes supported by personalised service, secure platforms and disciplined governance across complex, multi-market environments.

Building on these globally recognised capabilities, ATPI Taiwan operates as a professional travel management organisation purpose-built for multinational and technology-driven enterprises. Its local operating model addresses key structural gaps in Taiwan’s corporate travel landscape, where many providers remain leisure-focused and reliant on manual processes that limit transparency, control and scalability.

A defining differentiator is financial transparency. Unlike traditional agencies that issue a single “all-in” receipt, ATPI Taiwan provides two separate documents:

  • a Travel Agency Receipt detailing the net ticket fare; and
  • a Government Uniform Invoice (GUI / 發票) clearly itemising the agreed service fee.

ATPI is currently the only travel management company in Taiwan offering this structure. The model enables procurement and finance teams to perform audit-level cost analysis, eliminates hidden mark-ups and supports compliance requirements for publicly listed, multinational and technology-led organisations.

ATPI Taiwan’s cloud-based global travel management platform integrates directly with ATPI’s worldwide traveller profile and governance framework. This enables organisations to enforce consistent travel policies, approval workflows and duty-of-care standards across Taiwan and international markets. Centralised dashboards provide real-time visibility of both Taiwan and global travel spend, supporting procurement oversight, financial control and data-driven decision-making for high-volume international travel programmes.

Data security is another critical differentiator. While traveller information in Taiwan is often collected via unsecured consumer messaging platforms, ATPI Taiwan operates in line with ATPI Global Standards and international data protection protocols. Traveller data is managed through the ATPI e-Profile platform, supported by PCI-compliant secure links for document submission and mandatory quarterly data-security training. To date, ATPI Taiwan has maintained a zero data-misconduct and zero data-leakage record.

ATPI also provides professional 24/7 global emergency support through its World Support Centres (WSC), ensuring continuity across time zones with full system access and defined escalation protocols — capabilities essential for mission-critical and time-sensitive travel.

“Our focus is on delivering enterprise-grade travel management that combines global consistency with local precision,” said Kelly Jones, Managing Director – Southeast Asia, China, Hong Kong & Taiwan, ATPI. “Clients choose ATPI not only for our global reach, but for the governance, transparency and personalised service that allow their travel programmes to operate with confidence and control.”

“These capabilities translate directly into measurable outcomes for our clients,” added Asa Yang, General Manager, ATPI Taiwan. “In one recent case, our team conducted a strategic fare analysis for a complex five-destination itinerary and identified a more cost-effective routing. Instead of retaining the price differential, we returned 100% of the savings to the client, delivering a direct saving of TWD 160,000. This reflects our commitment to financial transparency, integrity and proactive programme management.”

The dual awards further reinforce ATPI’s long-standing leadership in corporate and specialist travel management. Following ATPI’s acquisition by Direct Travel in September 2025, the combined organisation operates as a global travel management group, bringing together international scale and personalised service across corporate and complex travel sectors, including marine, energy, mining, sports and group travel. Together, Direct Travel and ATPI manage more than USD 6 billion in annual travel volume, with operations spanning over 100 countries across the Americas, Europe, Asia Pacific, Africa and the Middle East.

Hashtag: #atpi #corporatetravelmanagement


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

About ATPI

is a global leader in travel and event management, renowned for delivering innovative and highly tailored solutions across various industries including corporate, marine, mining, energy, sports, and group travel as well as event management services. Founded in 2002 and headquartered in Manchester, UK, ATPI employs approximately 2,500 people and has an operations network that spans across 100+ locations on six continents. Their robust global footprint, combined with deep local expertise, allows them to meet the unique and complex needs of a diverse clientele.

In September 2025, ATPI was acquired by longstanding partner Direct Travel to create a global Travel Management powerhouse.

About Direct Travel, Inc.

Direct Travel is one of the world’s largest travel management companies, focused on delivering exceptional, groundbreaking solutions to every client and traveller. With a long history of proven market expertise, we blend advanced technology, superior service, and expert insights to drive tangible value and meaningful savings—offering solutions across Corporate Travel, Leisure Travel, and Meetings & Events.

Through Avenir, our next-generation platform developed with leading technology partners, we provide the industry’s broadest inventory and a modern, real-time shopping experience that empowers travellers and simplifies programme management. What truly sets us apart is the human care behind the technology: an experienced, passionate team dedicated to anticipating needs and delivering exceptional service at every step.

For more information, visit.

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