Media OutReach
Dah Sing Bank and Hong Kong Small and Medium Enterprises Association Join Hands to Support SMEs to Better Understand and Practice ESG
“SME ESG Charter” 2024 enhanced brand image and expanded business opportunities for participating SMEs
HONG KONG SAR – Media OutReach Newswire – 9 January 2025 – Close to 90% of small and medium enterprises (“SMEs”) participating in the SME ESG Charter 2024 (“ESG Charter 2024”) have acknowledged that they have benefited from enhanced brand image, reflecting the significance of the ESG Charter 2024 jointly launched by Dah Sing Bank, Limited (“Dah Sing Bank” or “the Bank”) and the Hong Kong Small and Medium Enterprises Association (“HKSMEA”). The Bank and HKSMEA have confirmed to continue their collaboration with the SME ESG Charter 2025 (“ESG Charter 2025”) to encourage more SMEs to improve their environmental, social and governance (ESG) performance and accelerate the transition towards economic sustainability.
HKSMEA surveyed 302 SMEs in December last year on their business challenges and their knowledge and implementation of ESG. The survey results showed that the top challenge faced by SMEs in the past year was rising cost of business (57.7%), followed by increased competition (46.5%), loss of customers (42.3%) and manpower shortages (36.6%). Meanwhile, 77% of SMEs considered ESG practices to be ‘very important’ and ‘important’, while 85.2% of the surveyed companies indicated willingness and interest to participate in the ESG Charter.
Dah Sing Bank launched its partnership with HKSMEA when the ESG Charter 2024 was introduced last year. The initiative was well received with 35 SMEs having participated, of which 26 qualified to receive free independent assessment and certification. The participating SMEs acknowledged that the initiative has helped deepen their understanding of ESG, and that gaining certified in the ESG Charter 2024 not only improved their corporate image but also helped to increase business opportunities.
“Dah Sing Bank has always been committed to supporting SMEs and helping them seek opportunities. Whilst the climate change driven ESG megatrend may seem remote, it is in fact shaping the development of a sustainable economy, presenting both challenges and potential opportunities for companies. We hope to encourage different industries and stakeholders to participate in this megatrend, and to help more SMEs transition towards economic sustainability so that they may progress further with enhanced competitiveness to capture new opportunities. We joined forces with HKSMEA to provide SMEs with hands-on training and support in the ESG Charter 2024. In 2025, we hope to enhance the scope of the ESG Charter to reach out to more local SMEs,” said Ms. Phoebe Wong, Deputy Chief Executive, Senior Executive Director and Group Head of Personal Banking of Dah Sing Bank.
Through the ESG Charter 2024, Dah Sing Bank and HKSMEA provided comprehensive support to SMEs which included publicity, workshops, technical advice, auditing and certification, public education and business liaison. Dah Sing Bank will award SMEs that have successfully qualified for the ESG Charter 2024 an incentive of up to HKD1,400 in account opening fee rebates. The Bank also plans to introduce various product and service incentives in the coming year to encourage customers to implement ESG practices.
Mr. Andrew Kwok, President of HKSMEA, said, “The transition towards economic sustainability is an important global trend. HKSMEA is committed to encouraging more SMEs to participate in the ESG Charter and to achieving our long-term goal of enabling more SMEs to understand the importance of learning and practicing ESG. We support local SMEs to integrate ESG elements into their operating structures and governance mechanisms, and meet the long-term development needs of Mainland China and Hong Kong.”
HKSMEA’s SME survey also showed that 88.9% of SMEs participating in the ESG Charter 2024 acknowledged that their brand image has improved, 72.2% acknowledged funding support for certification and 50% for professional advice.
Furthermore, 62% of SMEs surveyed have started to implement ESG-related initiatives. Among the areas that SMEs have started to implemented, social responsibility ranked highest at 95.5%, followed by environmental protection at 93.2% and corporate governance at 86.4%. Meanwhile, 84.1% of SMEs agreed that good ESG practices can increase customer trust and build a positive brand image, while 54.5% of SMEs believed that implementing ESG practices can help them gain access to large companies’ supplier lists, thereby increasing business opportunities. Similarly, 54.5% of SMEs believed that they can effectively reduce operating costs through savings in electricity, water and waste management costs.
Among the SMEs surveyed, 77% saw adopting ESG practices as “very important” and “important”; 61.5% said it would help to attract investors; 46.2% said it could reduce operating costs through environmental protection measures; 46.2% believed it could increase employees’ sense of belonging and morale; 30.8% said it has improved their own operational management systems, and 30.8% said it could increase customer loyalty and trust.
According to the survey, 85.2% of companies surveyed indicated willingness and interest to participate in the ESG Charter. The key reason for not yet implementing ESG measures was a lack of human resources (48.1%), followed by a lack of financial resources (40.7%). Tight cash flow has prevented SMEs from investing in the necessary resources to implement ESG measures.
The ESG Charter 2024 is a not-for-profit assessment framework that references the sections of the ESG Reporting Guide in Appendix C2 of the HKEX Listing Rules that are applicable to SMEs. Participating SMEs will be assessed by and will receive an assessment report from a third party professional consultancy. SMEs who have successfully attained the ESG Charter 2024 status will be placed in the SME ESG Register by HKSMEA, and will enjoy priority when large corporations supporting the charter consider their products and services.
Hashtag: #DahSingBank
The issuer is solely responsible for the content of this announcement.
About Hong Kong Small and Medium Enterprises Association
Founded in 1996, Hong Kong Small and Medium Enterprises Association was one of the most important SMEs chamber of commerce in Hong Kong. As an non-profit making organization, we have been working for the development of SMEs from manufacturing, food & beverage industry, professional service sectors, marketing and allied industrial / business sectors for almost three decades.
Our main mission is to serve as a bridge of communication between SMEs and HKSAR Government, increasing the competitiveness and productivity of SMEs, assisting them in upgrading, restructuring, entering GBA market and developing globally.
About Dah Sing Bank Limited
Dah Sing Bank, Limited (the “Bank”) is a wholly-owned subsidiary of Dah Sing Banking Group (HKG:2356). Founded in Hong Kong over 75 years ago, the Bank has been providing quality banking products and services to its customers with a vision to be “The Local Bank with a Personal Touch”. Over the years, the Bank has been rigorous in delivering on its brand tagline to grow with its customers in Hong Kong, the Greater Bay Area and beyond – “Together We Progress and Prosper”. Building on our experience and solid foundation in the industry, our scope of professional services now spans retail banking, private banking, business and commercial banking. Meanwhile, the Bank is also making significant investments in its digital banking capabilities to stay abreast with smart banking developments in Hong Kong and to support financial inclusion at large.
In addition to its Hong Kong banking operations, the Bank has wholly-owned subsidiaries including Dah Sing Bank (China) Limited, Banco Comercial de Macau, S.A., and OK Finance Limited. It is also a strategic shareholder of Bank of Chongqing with a shareholding of about 13%. Dah Sing Bank and its subsidiaries now have 64 operating locations in Hong Kong, Macau and Mainland China.
Pioneering Business Education
As Asia’s first business school to offer BBA, MBA and EMBA programmes, CUHK Business School has built an influential network of over 45,000 alumni — Hong Kong’s largest business school alumni community. The School maintains its position through innovative curriculum design and robust industry partnerships. Our Faculty members and research centres advance and promote cross-disciplinary knowledge, creating value for the region and the world by driving the development of global business.
Additionally, the School’s strong relationships with enterprises across Greater China and beyond provide students with invaluable real-world experience through internships, consultancy projects, and experiential learning opportunities, preparing them for leadership roles in the dynamic Asian business landscape.
International Partnerships and Opportunities
CUHK Business School has forged strategic partnerships with prestigious institutions worldwide, including dual degree programmes with HEC Paris, Rotterdam School of Management, and The University of Texas at Austin. These collaborations offer students unparalleled international exposure and cross-cultural business insights.
The School’s global impact is exemplified through its diverse student body. Aleksandr Volkov, a MSc in Management student from Russia, highlights the programme’s practical curriculum: “The interactive teaching style and collaborative environment at CUHK perfectly prepare students for multinational corporate careers.” He also embraces this opportunity to learn more about the China market, leveraging CUHK’s alumni network for insights to guide his future business decisions.
Investment in Excellence
The School offers comprehensive financial support through merit-based scholarships and various financial aid options for both local and international students. For more information and the complete programme listing, visit www.gs.cuhk.edu.hk/ba.
Hashtag: #CUHK
The issuer is solely responsible for the content of this announcement.
About CUHK
Founded in 1963, CUHK combines tradition with innovation in teaching and research, maintaining strong global partnerships to address real-world challenges.
The newly launched charter service is a crucial part of the strategic partnership with Wuhan Financial Holdings Changmao Group Limited (“Wuhan Financial Holdings”) and Hubei International Logistics Airport Limited (“Hubei International Logistics”). According to the agreement, the Group will utilize its airfreight forwarding network to provide 2 to 3 charter flights between Ezhou and Milan per week to prominent Chinese eCommerce platforms and various large enterprises, covering multi-sectors including eCommerce, high-tech electronic products, industrial products, high-end and affordable luxury clothing and red wine. This aims to foster bilateral trade while helping business in expanding overseas operation by reducing costs and improving efficiency. Building upon the “Ezhou-Milan” route, the Group and the Partners plan to gradually extend services coverage to other European countries and the Middle East and African regions, with long-term plans to establish joint warehouses in these regions to facilitate the exchange of quality products with Ezhou.
Mr. Lau Shek Yau, Chairman and Executive Director of CN Logistics, said “We are honored to collaborate with Wuhan Financial Holdings and Hubei International Logistics to promote Ezhou’s external trade exchanges and build a business ecosystem that benefits the society across multiple industries and regions. Bolstered by its strategic location, Ezhou has become the hub for China’s eCommerce and logistics industries. On the grand day of departure, we witnessed the efficient processing capabilities of Ezhou Huahu Airport, which completed all aspects of customs clearance, cargo loading, and takeoff in a short time. We believe launching the Milan route is just the first step. With the support of our Partners, CN Logistics will launch more routes connecting Ezhou with other regions, particularly the Middle East and Africa. This will enable the Group to achieve synergies with our parent company providing customers with competitive and efficient logistics solutions while rapidly expanding our business presence in the Middle East and African regions.”
Hashtag: #CNLogistics
https://www.linkedin.com/company/cnlogisticslimited/
https://www.facebook.com/cnlogisticslimited/
https://www.instagram.com/cn_logistics/
The issuer is solely responsible for the content of this announcement.
About CN Logistics International Holdings Limited
Established in 1991, CN Logistics is a well-established international logistics solutions provider with core business of providing airfreight forwarding services and distribution and logistics services in relation to fashion products and fine wine, primarily focusing on high-end fashion (including luxury and affordable luxury) products. According to the CIC Report, the Company ranked first in the distribution and logistics market for high-end fashion products in both the PRC and Hong Kong in 2019. For more details, please visit the Company’s website: 
https://www.cnlogistics.com.hk
Media OutReach
XIXILI Embraces Inclusivity with Plus-Size Lingerie Launches for Chinese New Year and Hari Raya
Celebrating Every Curve with Confidence
XIXILI’s understanding of the importance of confidence and beauty for all individuals drives the creation of products tailored to complement traditional outfits such as the Cheongsam, Baju Kurung, and Kebaya, ensuring a flawless fit for every celebration.
For those requiring plus-size options, selecting lingerie designed with thoughtful details, such as full coverage, comfortable high side panels, double layered power-netting and a U-back design, ensures enhanced support and a naturally lifted silhouette. Popular choices include:
- Demi contour cup bras and full cup bras that accentuate your cleavage with better centralisation and high coverage.
- Firm-fitting girdles that provide high-waisted, 360-degree compression for a seamless finish under tight-fitting outfits.
Inclusive Sizing for Every Shape
As a lingerie brand that celebrates body inclusivity, XIXILI provides a wide range of sizes, ensuring the perfect fit and support for every woman. Some of XIXILI’s best-selling plus-size lingerie include:
- Rufina Ultimate Full Cup Bra and Rosie Full Coverage Bra: Designed with full coverage, high side panels, double-layered power-netting, and a U-back design for all-day comfort.
- Firm Control Long Girdle and Full Coverage High Waist Girdle: Crafted from smooth-touch, breathable fabric for optimal sculpting and support.
Self-Love Through Lingerie
Lingerie during this season is not solely about function—it represents self-love and self-expression. XIXILI’s vibrant and elegant designs suit various occasions, providing options for festive or romantic settings.
- Bright-coloured lingerie, such as the Cynthia Demi Lacey Bra in Red, bring luck and joy to Chinese New Year celebrations.
- Timeless lacey sets in black or pink, including the Rosie Lacey Bra, offering a delicate mix of elegance and playfulness for romantic occasions.
Celebrating in Style with XIXILI
From everyday essentials to bold statement pieces, XIXILI’s collections empower individuals to embrace natural curves and celebrate beauty with one of the widest ranges of plus-size bras and shapewear in Malaysia. As the festive season approaches, confidence is elevated through lingerie that combines comfort and elegance.
Celebrate Chinese New Year and Hari Raya with XIXILI, where comfort, confidence and styles come together, ensuring women feel their best for every festive moment.
For more information and to explore the full collection, visit XIXILI’s website today.
Hashtag: #XIXILI #CNYLingerie #LuxuryLingerie
https://www.xixili-intimates.com/my/
https://www.facebook.com/XIXILI.OfficialFanPage/
https://www.instagram.com/xixili_intima/
TikTok: 
https://www.tiktok.com/@xixili_intima?lang=en
Youtube: 
https://www.youtube.com/user/xixilipage
The issuer is solely responsible for the content of this announcement.
About XIXILI
A homegrown Malaysian brand, XIXILI offers beautiful fashion lingerie and shapewear in Malaysia that prioritises fit and comfort. With an extensive range of bra sizes from A to I and bands 65 to 100, XIXILI caters to women of all shapes and sizes. Expert fitters are dedicated to helping you find the perfect bra, boosting your confidence and enhancing your silhouette.
XIXILI became the first Malaysian lingerie brand to introduce a Try-On in 3D avatar tool, allowing customers to virtually try on XIXILI lingerie using a 3D avatar tailored to their specific body type and measurements. Whether it’s everyday wear or something special, XIXILI ensures women always look and feel amazing.
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