9,000+ booths expected at Global Sources April trade shows

Hong Kong, 28th March: Hong Kong-based Global Sources will open its spring trade show series in Hong Kong later this month at AsiaWorld-Expo (AWE) featuring more than 9,000 booths. The series includes four exhibitions: Global Sources Electronics – Consumer Electronics, Global Sources Electronics – Mobile Electronics plus Startup Launchpad, Global Sources Lifestyle, and Global Sources Fashion.

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CCID Consulting’s profit jumps 77% in 2018

Beijing, 22nd March: CCID Consulting, an IT research and information service provider in China, recently announced its financial results for the year ended 31st December 2018. The company reported that its revenues increased by 24% reaching US$24 million. Net profit in the year was US$4.9 million – representing growth of 77% compared with the same figure in 2017. Diluted earnings per share in 2018 were RMB 0.041 (US$0.0060).

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Messe Düsseldorf appoints new GM in Japan

Tokyo, 21st March: Messe Düsseldorf, an international exhibition organiser, has appointed Akiko Ohara as General Manager of Messe Düsseldorf Japan, succeeding Dr. Andreas Moerke. After 12 years in Japan, Dr. Moerke will return to a management position at the company’s home base in Germany as of 1st August 2019. The appointment of Ms. Ohara represents the first time Messe Düsseldorf has appointed a woman to the top position in one of its international subsidiaries.

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HC Group’s revenues up 185% in 2018

Hong Kong, 26th March: Earlier this week, the HC Group, an online B2B information services provider in China, reported total revenues of US$1.52 billion for the year ended 31st December 2018. That represents growth of 185% year-on-year. The revenue growth was mainly from HC’s smart industries segment – its well-developed B2B trading platform.

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Sino Splendid narrows loss

Hong Kong, 20th March: Last week, Hong Kong-listed Sino Splendid (formerly China.com) announced its full year results for the year ended 31st December 2018. The company reported revenues of US$12 million in the year, increasing slightly by 1.5% year-on-year. Meanwhile, the company narrowed its net loss for the year, down to US$3.7 million compared with the loss of US$23 million in 2017.

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