Hong Kong, 3rd September: Organised by the Hong Kong Trade Development Council (HKTDC), the Hong Kong Watch Manufacturers Association and The Federation of Hong Kong Watch Trades and Industries, Hong Kong Watch & Clock Fair featured some 830 exhibitors from 22 countries. The event was held at the Hong Kong Convention and Exhibition Centre (HKCEC) from 3rd to 7th September.

Paris, 4th September: Earlier this week, Comexposium unveiled a new organisational structure led by three sub-regions: the Americas, APAC and EMEA. The three regions will responsible for managing all the existing businesses in their region and any new developments and launches.

Share price movement

Paris/Hong Kong, 27th August: UFI, the Global Association of the Exhibition Industry, released the 15th edition of its annual report, the Trade Fair Industry in Asia. As usual, the report covers 17 markets including Greater China and Southeast Asian markets, Australia, Cambodia, Japan, Korea, India, Myanmar and Pakistan. The report provides detailed data and analysis on the development of trade fairs and supporting facilities in these markets up to 31st December 2018. The report also features additional statistics and commentary on likely trends for the coming year.

Hangzhou, 24th August: Last week, Shenzhen-listed Zhejiang Netsun reported revenues of US$25 million for the six months ended 30th June 2019. This represents a year-on-year decrease of 16% compared to the same period last year.

Hong Kong, 28th August: Hong Kong-listed HC Group has released its interim results for the six months ended 30th June 2019. The company’s revenues grew 87% in the period, reaching US$1 billion. However, the company posted a loss of US$24 million in the first half, compared with a profit of US$29 million in the first half of 2018.

Nanjing, 26th August: Earlier this week, Shenzhen-listed Focus Technology, which owns and operates B2B trading platform, Made-in-China.com, announced its financial results for the six months ended 30th June 2019. Revenues were US$70 million, a year-on-year increase of 18%.

Manila, 27th August: Reed Exhibitions’ gaming trade show, G2E Asia, unveiled plans to launch a new edition in the Philippines. G2E Asia @ the Philippines will be held from 3rd to 4th December 2019 at the Marriott Manila.

Hong Kong, 27th August: Following more than ten weeks of large-scale protests in Hong Kong, the Hong Kong Exhibition & Convention Industry Association (HKECIA) has released a statement to assure all visitors and exhibitors attending trade exhibitions and conferences in Hong Kong that events are running smoothly and without interruption.

Share price movement

Beijing, 19th August: Earlier this week, Baidu, the leading Chinese language Internet search provider, released its financial results for the quarter ended 30th June 2019. Revenues in the quarter were US$3.8 billion, a moderate increase of 1.4% year-on-year. However, excluding revenues from its divested businesses, Global DU and Du Xiaoman, the revenue increase was 6.0%. Net income in the quarter dropped 62% compared with the second quarter of 2018, down to US$351 million.

Hangzhou, 15th August: Last week, China’s largest e-commerce company, the Alibaba Group, announced its results for the quarter ended 30th June 2019. The company recorded revenues of US$16.7 billion, up 42% year-on-year. Net income jumped 145% compared with the previous year, reaching US$2.1 billion.

Hangzhou, 15th August: Last week, China’s largest e-commerce company, the Alibaba Group, announced its results for the quarter ended 30th June 2019. The company recorded revenues of US$16.7 billion, up 42% year-on-year. Net income jumped 145% compared with the previous year, reaching US$2.1 billion.

Shenzhen, 15th August: Concurrent shows held in south China, Toy & Edu China and the concurrent event Baby & Stroller China will be relocated from Guangzhou to Shenzhen next year. In addition, another concurrent fair will be held, Licensing China.

Sydney, 19th August: International Convention Centre Sydney (ICC Sydney) released its results for the financial year 2018/19. A total of 1.4 million delegates attended some 671 events at ICC Sydney during the year, generating A$896 million (US$629 million) in direct expenditure for New South Wales.

Hong Kong, 16th August: In its previous financial year running from July 2018 to June 2019, the Hong Kong Convention and Exhibition Centre (HKCEC) announced that it hosted a total of 1,000 events, including 119 exhibitions, 159 conferences and hundreds of corporate meetings, banquets and entertainment events. The venue welcomed a record 8.5+ million visitors during the year, including exhibitors, trade buyers, conference and meeting delegates, other event visitors, banquet guests and restaurant customers.

Share price movement

Shanghai, 9th August: Messe München Shanghai, a subsidiary of international exhibition organiser, Messe München, has unveiled a new leadership team for the company.

Beijing, 8th August: CCID Consulting, an IT research and information service provider in China, posted revenue growth of 43% in the first half of 2019 amounting to US$13 million. Profits in the six-month period were US$1.1 million, representing an increase of 200% year-on-year. Earnings per share in the period were RMB 0.0104 (US$0.0015).

Hong Kong, 8th August: Last week, Hong Kong-listed Sino Splendid (formerly China.com) released its results for the six-month period ended 30th June 2019. Revenues in the first half were US$6.2 million, a year-on-year increase of 16%. The company reduced its loss to US$638,000, compared with a loss of US$1.9 million in the same period in 2018.