Media OutReach
DL Holdings’ Interim Net Profit Surges Over 25-Fold as Digital Finance Strategy Accelerates Implementation
01 Performance Highlights and Financial Results
The Group’s business continues to display a diversified structure, with revenue contributions from each segment clearly defined. DL’s licensed business — the Financial Services segment — recorded revenue of approximately HK$75.62 million, representing a 56% year-on-year increase. This segment’s revenue primarily came from: financial advisory and investment management service fees of approximately HK$23.66 million from DL Securities; securities trading commissions and brokerage income of approximately HK$8.34 million; and insurance brokerage commissions of approximately HK$41.25 million.
DL Securities made significant progress in business innovation and strategic expansion. Strategically, DL Securities has focused on advancing innovation in cross-border financial services — establishing a professional cross-border M&A team to provide one-stop financial service solutions for outbound companies, and forming strategic partnerships with multiple international financial centers to build a global service network. On July 25, 2025, DL Securities submitted an application to the SFC to vary its existing Type 1 (dealing in securities) and Type 4 (advising on securities) licenses to include regulated virtual asset trading and advisory activities (license upgrade), which has now entered its final stage of approval. Management expects that by 2027, DL Securities’ number of clients will increase to 200,000, and AUM will grow to HK$50 billion.
The family office and wealth management business, as one of the Group’s core segments, delivered stable performance during the reporting period and achieved substantial breakthroughs and scalable growth. Both client AUM and management fee income rose significantly. For the six months ended September 30, 2025, DL Family Office — including associated insurance brokerage commissions — recorded total revenue of approximately HK$68.07 million. Looking ahead, the Group expects the number of family office clients to increase to 200 by 2027 and AUM to exceed HK$78 billion (approximately US$10 billion). Currently, DL Holdings’ total assets under management and advisory exceed HK$27.3 billion (approximately US$3.5 billion). As one of Hong Kong’s earliest government-recognized multi-family offices, DL is also the only platform whose business footprint covers Chinese Mainland, Hong Kong SAR, Singapore, Japan, and the United States.
Since July 2025, the Group has raised a total of approximately HK$1.834 billion through two rounds of equity financing, convertible bond issuance, management capital injection, and other strategic investments. Following these fundraisings, the Group’s net assets have now reached nearly HK$3 billion, providing strong capital support for the expansion and technological advancement of its digital finance business.
02 Strategic Expansion and Business Breakthroughs
Supported by substantial market confidence and capital resources, DL Holdings has rapidly advanced its strategic transformation over the past six months. The Group has achieved significant progress across four key areas — asset digitalization, digital asset investment, global ultra-luxury real estate investment, and global market expansion — demonstrating its forward-looking strategy and execution capability in the digital finance era.
In the area of asset digitalization, blockchain technology is redefining asset structures. Physical assets valued at HK$500 million — including the DL Tower — have initiated the tokenization process, with HK$60 million already completed. The tokenization of the HK$312 million equity stake in the U.S. ultra-luxury real estate project ONE Carmel has created an innovative shareholder-return model. The Company plans to distribute special dividends to shareholders in future years based on the digital rights generated from these tokenized assets. In addition, the Group has completed the tokenization of approximately HK$40 million in equity from technology companies such as ByteDance and Kraken.
In the digital asset investment sector, the Group continues to expand its commitment. In computing power, HK$320 million has been invested to complete the procurement of the first batch of high-performance mining machines, and an additional HK$800 million digital asset investment roadmap has been planned — including HK$560 million for computing power and HK$240 million for gold-backed digital assets. Cooperation with Antalpha has advanced further: the first phase of gold-backed token investment of nearly HK$40 million has been completed, and thousands of mining machines are currently being deployed. Continued investment in NeuralFin has also shown strong results — the platform’s valuation has reached HK$546 million, and it has begun preparations for a U.S. listing, further strengthening the Group’s digital finance ecosystem.
In global ultra-luxury real estate investment, after eight years of dedicated development, DL’s U.S. real estate project ONE Carmel in California has obtained the White Paper issued by the California Department of Real Estate, indicating that the project has passed more than 300 stringent government reviews and completed full certification of land planning, infrastructure, and homeowner-protection systems. The project’s land valuation has exceeded HK$1.56 billion (approximately US$200 million), and the total development value of the Carmel project is expected to exceed HK$15.6 billion (approximately US$2 billion).
In global market expansion, the Group has made notable achievements. DL Holdings subscribed up to US$12 million in newly issued shares of Swiss-listed Youngtimers AG, becoming its largest institutional shareholder and successfully expanding its business network to Zurich and Sydney. These achievements provide a strong foundation for the Group’s future development and its ability to deliver enhanced shareholder returns.
03 Innovative Returns and Value Sharing
DL Holdings firmly believes that corporate value creation must be shared with shareholders. The Group is actively applying innovative digital-finance solutions to convert physical assets into direct shareholder benefits. For its landmark Hong Kong property, the DL Tower — valued at up to HK$500 million — the Group plans to distribute special dividends valued at up to HK$60 million to eligible shareholders through compliant tokenization. At the same time, DL will tokenize its HK$312 million (approximately US$40 million) equity stake in the ONE Carmel project in California and plans to distribute this as special dividends to shareholders in the future. These initiatives allow shareholders to directly hold on-chain assets and share the appreciation value of top-tier real estate projects — establishing a new model of shareholder return.
To demonstrate strong confidence in the Company’s long-term development, controlling shareholders Mr. Andy Chen and Ms. Crystal Jiang have voluntarily committed to a 12-month lock-up period during which no shares will be sold. This aligns with the Company’s talent-incentive strategy — including the completed issuance of 90 million shares as free grants, the buyback and placement of 30 million shares into the employee trust, and the planned market repurchase and employee incentives for an additional 40 million shares. In total, 160 million shares have been allocated to incentivize the core team, all sourced from existing shares or market repurchases, ensuring zero dilution for existing shareholders — achieving deep alignment of interests among shareholders, the Company, and employees.
From tokenized dividends to voluntary lock-ups by major shareholders, from innovative incentive mechanisms to collective value sharing, every step taken by DL Holdings reflects its commitment to “growing together with shareholders.” The Group is dedicated to building a transparent, mutually beneficial, and sustainable new investment ecosystem, enabling investors to share the tremendous potential of digital finance and making investing easier for everyone.
Mr. Andy Chen, Chairman and Chief Executive Officer of DL Holdings Group, stated: “Most investors remain far removed from top-tier investment opportunities worldwide. This structural gap motivates DL to push forward a profound transformation: by leveraging our channel advantages and capital strength, we allocate world-class assets — from premium real estate to high-quality private equity — across the globe. Through RWA tokenization, these scarce assets are ‘broken down’ and delivered securely and efficiently to every investor who trusts us, through platforms such as DL Securities and NeuralFin. This is the path toward financial equality and inclusive finance — and it is DL’s solemn commitment to the market.”
Hashtag: #DLHoldings
The issuer is solely responsible for the content of this announcement.
Air Corporate data reveals 9 in 10 founders incorporated in Hong Kong do so remotely, driven by a 20% surge in Middle Eastern entrepreneurs seeking cost-effective operational alternatives to Dubai.
HONG KONG SAR – Media OutReach Newswire – 15 May 2026 – Air Corporate registered a 40.5% increase in Hong Kong incorporations in 2025, with the first quarter of 2026 already up 48% year-over-year. This data indicates that Hong Kong is reasserting itself as the leading Asian jurisdiction for company formation, fueled by a new wave of remote founders from the Middle East, North Africa, and Europe.
The prevailing narrative over the past five years suggested that Singapore was eclipsing Hong Kong; however, recent incorporation volumes challenge this. According to city-wide official figures cited by Vivian, Founder of Air Corporate, approximately 195,000 companies were registered in Hong Kong in 2025, compared to around 77,000 in Singapore.
“There was a lot of fuss about Singapore taking over Hong Kong as preferred jurisdiction over the last few years, but for 2025 alone, around 195,000 companies were formed in HK, vs around 77,000 for Singapore,” said Vivian. While city-wide registrations rose roughly 35% in 2025, incorporations at Air Corporate specifically grew by 40.5%. Vivian added, “With a 35% increase in the number of companies registered in 2025, Hong Kong is definitely back in the game as the top jurisdiction to start a company.”
The reality of Hong Kong company formation is increasingly global, lean, and founder-led. Nine in ten founders incorporated in Hong Kong with Air Corporate do not live there.
Key demographic and operational insights from Air Corporate’s client base include:
- Approximately 90% of founders operate remotely from abroad, while 10% or less are based in Hong Kong.
- Entrepreneurs aged 35 to 44 represent the largest age cohort at 38%, demonstrating that Hong Kong attracts founders in their prime career years rather than just younger digital nomads.
- Serial entrepreneurs make up 60% of Air Corporate’s client mix, utilizing Hong Kong as an operational base for multiple companies, while first-time founders account for the remaining 40%.
- A total of 89% of new companies are launched by solo founders (58%) or small teams of two to five individuals (31%).
- Mainland China, Hong Kong, Turkey, India, the UAE, Australia, France, and Morocco rank among the top source markets for these founders.
Furthermore, 73% of new Hong Kong incorporations are directly tied to physical goods trade with China. This consists of e-commerce and dropshipping businesses (38%) and the trading of goods (35%). The recovery of in-person trade flows, including events, such as the Canton Fair and various industrial fairs, is pulling foreign founders back into the Greater China orbit and establishing Hong Kong as the natural entry point and financial layer over the world’s largest manufacturing base.
Air Corporate’s data recorded a 20% year-over-year growth in founders originating from the Middle East. This shift highlights a reverse migration where founders previously incorporated in Dubai are now choosing Hong Kong. Based on Vivian’s observations, founders often arrive in Dubai expecting fast incorporation and low costs, but discover that incorporation and maintenance are significantly more expensive than in Hong Kong, and banking remains difficult. Consequently, many founders move to Hong Kong after 12 to 24 months in the UAE, a trend accelerated by the Hong Kong government’s strategic outreach to the region.
For lean, remote-first businesses, speed-to-market is a critical factor. A founder located anywhere in the world can incorporate in Hong Kong and open a working bank account in approximately 7 days using digital banking partners. Currently, 90% of Air Corporate’s clients utilize these digital banking partners.
“Hong Kong and Singapore are the only places in Asia where you can set up your company, get a corporate account, and be in business in less than a week,” concluded Vivian.
Air Corporate is a service provider facilitating company formation and incorporation in Hong Kong for serial entrepreneurs, first-time founders, and remote-first business owners operating globally.
Media Inquiries
To learn more about Hong Kong company formation, visit Air Corporate’s website or contact their team directly.
Hashtag: #AirCorporate
The issuer is solely responsible for the content of this announcement.
Media OutReach
Natural Diamonds Sparkle on The Red Carpet at The 2026 Met Gala Celebrating “Costume Art”
Today’s biggest stars express individuality and confidence with natural diamonds
NEW YORK, US – Media OutReach Newswire – 15 May 2026 – The 2026 Met Gala celebrating “Costume Art” took place May 4th at the Metropolitan Museum of Art in New York City, bringing together leading figures from across the globe for an unforgettable evening. These tastemakers showcased the most classic, refined and distinctive diamond jewelry looks of the season. Below, A Diamond is Forever highlights the standout trends from the event.
Desert diamonds
Desert diamonds emerged as a striking throughline on the Met Gala carpet, with a range of hues in distinctive settings taking focus.
Rihanna led the trend in a pair of exceptionally rare old Moghul Golconda fancy brown-yellow diamond earrings by Glenn Spiro, featuring two pear-shaped natural diamonds totaling 51.9 carats. Doja Cat offset her all nude look with a pair of large Leviev Diamonds floral-shaped earrings while Paloma Elsesser made a statement in a 29.5-carat diamond necklace by Bernard James, centered around a 15-carat fancy light yellow pear-shaped natural diamond. Cara Delevingne wore a De Beers London Forces of Nature High Jewelry ring, featuring marquise yellow diamonds set as eyes, while Emma Chamberlain opted for yellow and white diamond earrings by Chopard, underscoring the continued allure of warm diamond hues.
Magnificent Diamond Earrings
A wide variety of captivating silhouettes defined the natural diamond earrings on the Met Gala carpet. Zoë Kravitz delivered a modern twist with oversized diamond flower earrings by Jessica McCormack. Chase Sui Wonders opted for Jean Schlumberger by Tiffany & Co. Sea Fan earrings, bringing an element of sculptural artistry to the look. Gracie Abrams selected gently dangling Chanel earrings, adding understated fluidity, while Connor Storrie selected simple hoop earrings from Tiffany & Co., reinforcing the clean and enduring appeal of natural diamonds.
Standout Diamond Moments
Natural diamonds appeared in personal, unconventional and eye-catching ways, offering moments of surprise and awe. Power couple Beyoncé and Jay-Z embodied this trend with Beyoncé wearing Chopard’s Queen of Kalahari necklace, named after the rare 342-carat diamond that provided 23 stones for Chopard’s Garden of Kalahari collection. Jay-Z contributed to the narrative with a vintage diamond brooch by Briony Raymond worn at the collar as an unexpected placement that underscored the piece’s versatility. Isha Ambani made the styling of diamonds an art form in itself, wearing her own diamond jewelry featuring approximately 150 carats of old mine-cut diamonds, including a three-strand necklace and chandelier earrings, while also incorporating diamonds sewn directly into the bodice of her sari to represent significant moments in her life.
Together, these looks highlighted a shift toward natural diamonds as vessels of personal expression, styled with intention, individuality, and a sense of the unexpected.
Hashtag: #MetGala #RedCarpet #ADiamondisForever #NaturalDiamonds #Diamonds
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Media OutReach
Turn Your Savings into a Front-Row Experience: HL Bank Singapore Offers Exclusive Passes to AsiaTop Music Festival 2026
The premier music festival will play host to 16 K-pop, regional and Malaysian stars including, in performance order: Day 1 – NexT1DE, Aina Abdul, Belle Sisoski, Win Metawin, NMIXX, WINNER, DAESUNG, KUN. Day 2 – Uriah See, Firdhaus, Butterbear, 82MAJOR, STAYC, CRAVITY, TWS, CxM
SINGAPORE – Media OutReach Newswire – 14 May 2026 – Your next major K-pop experience is just a savings goal away as HL Bank Singapore (“HLB Singapore”) bridges the gap between financial wellness and the front row. In an exclusive collaboration designed for the ultimate music enthusiast, the bank is offering fans the chance to secure a pair of sought-after AsiaTop Music Festival 2026 tickets, valued at up to RM1,098 (approx. S$355), simply by growing their wealth.
This unique initiative stems from the regional synergy between Hong Leong Bank (“HLB”) and Tencent Music Entertainment Group (JOOX and QQ Music). By aligning with Visit Malaysia Year and Visit Selangor Year 2026, HLB is transforming the traditional banking experience into a gateway for premium entertainment. Scheduled for 30 and 31 May 2026 at the iconic Sepang International Circuit, the festival promises a high-octane weekend featuring an elite lineup of Asian superstars, including the largest K-pop showcase in the ASEAN region.
Securing a spot at the heart of the action has been streamlined through the iSavings Reward Campaign, running from 9 May 2026 to 18 May 2026. To participate, fans first decide on their preferred festival experience, selecting either a pair of Standard Passes with a S$5,000 deposit or the high-energy, nearer-to-the-stars Rockzone Passes with a S$8,282 deposit for their chosen day.
Once a tier is selected, customers can register by depositing the qualifying funds into an iSavings account via FAST or Links transfer. To validate their entry, customers must include the specific Comment Code, such as PALLIR1 for Day 1 Rockzone, within the funds transfer description. The qualifying balance must be maintained within the account for a six-month (182 days) earmarked period.
With only 88 pairs of tickets available for this exclusive campaign, the stakes are high. Allocation is limited to 22 pairs per day for each ticket category and will be awarded strictly on a first-come, first-served basis. Fans are encouraged to act quickly to ensure their savings work as hard as they do while securing a premier seat at the musical event of the year.
For full terms & conditions, and further details, please visit: www.hlbank.com.sg/AsiaTop2026
Hashtag: #HLBankSingapore
The issuer is solely responsible for the content of this announcement.
HL Bank Singapore
HL Bank Singapore is the Singapore branch of Hong Leong Bank Berhad, a leading digital-centric Malaysia-based financial services institution with a rooted heritage in the country spanning over 120 years. Operating under a Full Bank Licence in Singapore, HL Bank offers a comprehensive range of financial services to our business, retail and high networth customers through our 4 core business segments – Business & Corporate Banking, Personal Financial Services, Private Wealth Management and Global Markets.
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