Asia PEVC, Author at AsiaPEVC.com

Pacific Green Builds Out Senior Management Team Appointing Xavier Lara As Senior Vice President, Concentrated Solar Power

Pacific Green Technologies, Inc. (the “Company” or “PGTK”, (OTCQB:PGTK)) announces the appointment of Xavier Lara as Senior Vice President, Concentrated Solar Power, effective October 26, 2020.

Xavier is one of the pre-eminent experts in the Concentrated Solar Power (CSP) sector, with over twenty-five years’ experience, including various senior-level roles for AELIUS Engineers and Consultants, Empresarios Agrupados, ACWA Power and NextEra Energy. Xavier joins Pacific Green having recently served as Project Director on billion dollar Cleantech developments around the world.

Scott Poulter, PGTK’s Chief Executive commented: “As we continue to build on our existing CSP capabilities, we believe Xavier’s unparalleled sales and operations expertise will allow the company to take another step in becoming an industry-leader in this flourishing sector. Xavier brings an exceptional skill set and decades of on-the-ground experience leading flagship CSP projects. Xavier will oversee our rapidly growing CSP business stream and we enthusiastically welcome him to our team.”

Xavier Lara, Senior Vice President, Concentrated Solar Power, commented: “Following the acquisition of ENGIN, Pacific Green has positioned itself for success in the CSP space and I look forward to being part of the team to help Pacific Green continue its path to become a world leader in the design and manufacture of CSP systems.”

Scott added: “Pacific Green and PowerChina have combined to form an engineering and manufacturing powerhouse, but we believe Xavier’s addition to our existing design resources in ENGIN will be instrumental in helping us achieve our goal to be a world leader in this important new sector.”

Xavier holds an MEng in Industrial Engineering (Mechanical), an MSc in HSE (Occupational Risk Prevention) and a BSc Hons in Astronomy (Solar Astrophysics).

About Pacific Green Technologies, Inc.
Pacific Green Technologies Inc. is focused on addressing the world’s need for cleaner and more sustainable energy. The Company’s strategy is to build through organic development and acquisition, a portfolio of patented competitive cutting-edge technologies designed to meet increasingly stringent environmental standards. For more information, visit PGTK’s website: www.pacificgreentechnologies.com

About POWERCHINA SPEM Co. Ltd
POWERCHINA SPEM is a subsidiary of POWERCHINA, the largest power equipment manufacturer in the PRC. With abundant resources, expertise, strong manufacturing capacity, domestic sales channels and rich experience, POWERCHINA SPEM is in a strong position to deploy PGTK technology throughout the PRC.

Notice Regarding Forward-Looking Statements:
This news release contains “forward-looking statements,” as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this news release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the ongoing effects of the pandemic on delays and orders regarding Pacific Green’s technologies, potential business developments around the world and future interest in our green technologies.

Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, general economic and political conditions, the continuation of the JV with POWERCHINA SPEM, and the ongoing impact of the pandemic. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this news release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

Contact:
Scott Poulter, Chairman & CEO
Pacific Green Technologies
T: +1 (302) 601-4659

SOURCE: Pacific Green Technologies, Inc.

Infinito Wallet and Moonstake enable staking and investment tools for Cardano ADA community

Infinito Wallet, the leading multi-crypto wallet today announces a multitude of valuable new features targeted at ADA users. These include support for new Cardano blockchain upgrade, staking and trading features for ADA assets, as well as full wallet compatibility with Daedalus and Yoroi Wallet by allowing users to import 24-word and 15-word passphrase, respectively into Infinito Wallet.

This new app release further cements Infinito Wallet’s long-standing position to make crypto easy for mass adoption, still with extensive support for the Cardano community.

Starting from September 2018, through a strong collaboration with IOHK, Infinito Wallet has been one of the first mobile wallets supporting ADA. With the recent arrival of Cardano’s Shelley era and the explosive growth of ADA’s market value by over 50%, Infinito Wallet continues its steady support for ADA user base. Just last month, Infinito Wallet has engaged in a strategic partnership with Moonstake, builder of Asia’s Biggest Staking Network to enhance the staking Ecosystem and Defi projects. Starting today, Infinito Wallet users can easily earn staking rewards from ADA Moonstake pool in a few clicks.

Speaking on the recent Cardano-focus development of the wallet, Infinito’s Director, Jack Nguyen, says: “Infinito Wallet is honored to continue providing best-in-class support for users invested in ADA and the fast-growing Cardano blockchain. Our wallet has a long and proud history of serving ADA users and now, in collaboration with Moonstake, we are excited to bring them now the ability to earn staking rewards in the new Shelley era of Cardano. Infinito Wallet hopes to continue being the number-one wallet choice for anyone invested in the Cardano ecosystem, and we will always be sure to bring users all the latest and greatest utilities of ADA.”

About Infinito
Infinito Wallet is a secure multi-crypto wallet that helps users easily start investing and earning more with the crypto finance market. It supports over 2,000 top-ranking coins and tokens, and provides a full set of financial tools including Buy – Trade – Earn – Use cryptocurrencies. Infinito Wallet is frequently ranked amongst the best wallets for crypto communities. Learn more about Infinito at https://infinitowallet.io.

About Moonstake
Moonstake was recently established to develop a staking pool protocol to satisfy increasing demands in regional and global blockchain markets. Staking adopts Proof of Stake (PoS) as a type of consensus algorithm which allows cryptocurrency holders to increase the likelihood of receiving block rewards from its block validation transaction. It brings together the ability to stake and ultimately distributes block rewards based on contribution. Moonstake develops a staking pool protocol and provides business services through partners and companies. Staking is expected to help elevate the blockchain technology and work for decentralization. https://www.moonstake.io.

kasko2go Open Source Solution Supports Profitability of European Auto Insurance

Genadi Man, CEO of kasko2go, has announced that his company’s advanced open source solution would be made available free of charge, to reduce the dramatic losses in the car insurance industry with a high-tech open source product. Speaking at this year’s telematics trade fair (Leipzig, Germany, 6-7 October), kasko2go said it aims to make the business model of Swiss and foreign insurers “significantly more profitable”

kasko2go has been developed and tested on more than 100,000 drivers in Europe. In Switzerland the software has been on the market for almost two years. The decision is to give the 900 European and Swiss motor vehicle insurance companies free access to telematics technology, enabling them to create Usage-Based-Insurance (UBI) products without high investment costs. kasko2go is aiming at real change and optimization in the market.

Potential to be developed

The European motor insurance market has immense potential with revenues from motor insurance premiums of 135.3 billion euros in 2016. In the same year, however, 103.5 billion euros were also paid out in insurance claims. This means that 76.5% of the income from motor insurance premiums had to be spent on claims, and explains the low margins of car insurers.*

Genadi Man explains,

Why do we offer an open source solution? With the kasko2go solution approach there is enormous potential to change the industrial landscape in the field of motor vehicle insurance. Annual revenues in Europe amount to around 130 billion euros. If you take into account the high loss ratio of 76.5%, you realise that this business is not profitable. Our goal is to change the car insurance landscape sustainably – in a positive way.

Abolish an outdated business model

Traditional car insurers still base their risks on archaic parameters such as age, origin and gender. However, these business models lead to a high loss ratio because they are based on retrospective data, such as events that have already occurred. kasko2go, on the other hand, relies on empirical, behavioural and location-related information. This innovative solution is able to develop a comprehensive risk for the individual risk of each driver.

Low-risk drivers currently share the high costs of high-risk drivers. kasko2go’s open source solution enables insurance companies to identify their risks in a targeted manner and to categorise them accordingly. This makes it possible to offer attractive premiums to low-risk drivers and create a portfolio with profitable policyholders.

What the experts say

Remo Weibel, Swiss Life Select for 25 years, 10 as CEO and Executive Boardmember, is an expert in financial products and serves on the Advisory Board of kasko2go. He says “For insurers, access to more behavioural data on motorists will help them to process claims more quickly and efficiently, to better understand the price of the risks they underwrite and to offer innovative new products and services to their current and new policyholders”.

Frederic Bruneteau, Managing Director of PTOLEMUS Consulting Group, combines expertise in connected mobility with strategy and market analysis to support clients in shaping future mobility. Published in insurance telematics, analytics and connected vehicles, he says “kasko2go is the first company in Europe to pursue the vision of an industry standard in insurance driver rating and to take the necessary steps to achieve this goal”.

*Source: Insurance Europe, “European Motor Insurance Markets”, February 2019

About kasko2go AG

Zug-based kasko2go is an innovative provider of insurance solutions that aims to promote a safe driving culture in society. With specially developed AI and telematic big data assessments Pay-As-You-Drive and Pay-How-You-Drive models, kasko2go reduces insurance premiums by up to 50%. Since April 2019, kasko2go and its insurance partner, Dextra Versicherungen AG, have been offering a revolutionary car insurance app in Switzerland, which calculates the premium according to individual driving behaviour.

Visit www.kasko2go.com, register at https://twitter.com/kasko2go or see www.linkedin.com/company/kasko2go/.

Genadi Man, kasko2go
e: g.man@kasko2go.com, t: +41 79 852 12 30
Steinhauserstrasse 74, 6300 Zug, Switzerland

KFC Indonesia Presents Naughty by Nature, The First Lifestyle-dining and Salad Bar

Naughty by Nature offers new dining experience, combining salad dish with KFC’s Signature Chicken

KFC Indonesia presents Naughty by Nature, a lifestyle dining and salad bar restaurant which is a breakthrough originally concepted by KFC Indonesia. Naughty by Nature which is located at Jalan Senopati no. 24A South Jakarta was officially opened for public since Friday, October 16, 2020, in coincide with KFC Indonesia’s 41st anniversary. Green lifestyle trends among urbanites and culinary trends which always evolve along with times and technology developement become the inspiration for KFC Indonesia to keep innovating and offering different dining experiences. Naughty by Nature offers exciting new way to enjoy salads and vegetables, by combining it with KFC’s signature chicken as the protein.

Naughty by Nature aims to fulfill consumers who are cravings for salad whilst still want to consume other foods that are more fulfilling as well. Naughty by Nature’s signature menu is Meal Market Platter, where consumers can freely combine various choices of KFC chicken such as Grilled Chicken, O.R Chicken, Hot and Crispy, and Chicken Skin as the protein with a wide selection of vegetables ranging from fresh vegetables such as kale caesar, sweet potato salad, kale slaw to grilled vegetables such as roasted baby potatoes, mashed potatoes, zucchini gratin and others as side dish. Naughty by Nature also offers a variety of innovative food creations bringing KFC chicken into gourmet-style dishes such as chicken tacos, pasta, KFC chicken geprek; and egg-based foods and various snacks which can surely be enjoyed by everyone and according to Indonesian taste reference. Moreover, Naughty by Nature also offers various kinds of drinks such as smoothies, milkshakes and coffee, as well as desserts.

Naughty by Nature comes with a totally different concept from any KFC outlets in Indonesia. Displaying an open kitchen for consumers to see how their food is freshly prepared. Located in a strategic area at the center of Jakarta which is easily accessible, Naughty by Nature targets the urbanites with modern lifestyle who like to try new culinary trends, enjoy socializing and prefer an ‘instagrammable’ restaurant atmosphere. Naughty by Nature restaurant offers a cozy, trendy and luxurious lifestyle dining style that will make consumers feel comfortable hanging out with family and friends while enjoying delicious and fun dishes. The cool and trendy impression at Naughty by Nature outlet is also supported by the existence of a music lounge/podcast room on the dining area’s mezzanine floor. With 150 visitor of total capacity and carrying eco-friendly concept, Naughty by Nature ambience is dominated with calming earth-tone colors, wood-nuanced, and open space concept.

Hendra Yuniarto, General Manager Marketing of PT Fast Food Indonesia stated, “As part of cultivating the original idea of KFC Indonesia to introduce a lifestyle dining and salad bar to consumers, we have conducted research and development (R&D) in developing Naughty by Nature concept and menu. Not only the concept of restaurants and menus, we also choose natural concept for our exterior and interior design which closely related to current urban green lifestyle. The presence of Naughty by Nature aims to fill the gap in the culinary market targeted at consumers who love to consume vegetables but still want savory, fun, filling up and appetizing dish.”

As we are still within the transition period of the pacdemic, Naughty by Nature implements strict health protocol system as required by the Government for safety, health and mutual comfort, including limiting restaurant visitor capacity by 50% with operating times from 10:00 – 18:00 on Monday-Thursday and from 07:00 – 18:00 on Friday-Sunday. To see Naughty by Nature various and fun menu and see the restaurant concept, consumers can easily find them on @Naughtybynaturekfc Instagram account or scan the following QR code for the menu.

ABOUT PT FAST FOOD INDONESIA TBK

PT Fast Food Indonesia, Tbk. Established in 1978 and hold the retail business license of KFC Indonesia. The first KFC built in 1979 in Jakarta. The superior products of KFC are New Improved Original Recipe and Hot Crispy Chicken that become the most loved fried chicken in several consumers survey in Indonesia. On the journey, KFC continues to add its superior menu collections.

For over 41 years being in fast food chain industry Indonesia, currently KFC owns 750 stores throughout Indonesia with more than 16,000 employees.

As the restaurant with the slogan of ‘Jagonya Ayam’, KFC always use the high-quality chicken meat from the qualified chicken processing place, so the produced chicken meat is guaranteed, hygenic and healty. All of the ingredients and products served by KFC not only chicken meat have been certified Halal from the Indonesian Ulama Council (MUI) and production process from KFC suppliers is monitored by KFC Quality Assurance team.

For further informations:
Ika Diah Rhanny
PT Fast Food Indonesia
T: +62 21 72791777
E: ikah.diah@ffi.co.id

Dita Wasis
Eureka! PR
T: +62 811 165 195
E: dita@eureka-id.net

Building Environmental Awareness through Religious Leaders Training on Peatland and Conservation

In this modern world, all humankind has been affected by the impact of the global climate crisis. Not only facing the impact of the Covid-19 Pandemic, we also have to deal with floods and forest fires currently occurring in our region.

Scientists have given extensive warning regarding the effects of climate change on our planet, however collective action to hinder the climate crisis is largely considered to be too slow.

At the Rimba Raya Biodiversity Project, we have made concerted efforts to play a leading role in mitigating the damage done to the environment in our region through the introduction of various initiatives, including a spiritual approach to change community behaviour and to engage them by encouraging active involvement and inclusion in all efforts taken to preserve the environment and to minimize damage.

Rimba Raya empowers local community members to play a role in protecting and conserving the peat forest with a long-term philosophy of ‘community for healthy forests and climate’. The project aims to consistently work towards achieving the UN’s SDGs, both within the project area and the bordering villages. In September 2020, Rimba Raya Biodiversity Reserve became the world’s first forest conservation project to independently verify its contributions to the environment, biodiversity and social SDGs under the newly created Sustainable Development Verified Impact Standard (SD VISta), and has managed to target all the 17 SDGs goal.

In collaboration with the National Peatland Agency (BRG), Seruyan District Government, Rimba Raya conducted “Dai Gambut” Training on the 6-7 October 2020. The training was aimed at promoting capacity building efforts, help increase knowledge regarding peatland restoration and to raise awareness in the importance of being environmentally friendly in our daily activities.

The training was conducted combination between online and offline in Kuala Pembuang. There were 28 (twenty-eight) participants from 14 villages. The speakers; Kyai Cholil Nafis and Kyai Sholahuddin Al Aiyub (Wasekjen Field MUI Fatwa) used zoom to convey “environmental fiqh” (Muslim jurisprudence). The in-person meetings were presented by Dr. Fachruddin Mangunjaya or well known as Ustad Rudi. Topics included; Fusing Faith, Education and Environmentalism.

“Taking care of the environment is about making action and behavioural changes that are controlled by the human heart and mind. A religious approach can contribute to highlighting the importance of caring for our environment,” said Ustad Rudi during a training session.

After training, the Da’i will share their knowledge through religious preaching about the importance of having healthy peatland, healthy forests and the need to practice conservation and land clearing without the traditional ‘slash and burn’ technique.

“This collaboration with BRG is very beneficial for the Rimba Raya project. The hope is to encourage a change in behaviour and increase public awareness to the importance of preserving the peatland ecosystem,” said Sylviana Andhella, Executive Director of Rimba Raya Conservation.

Rimba Raya has established a partnership agreement with the National Peatland Agency (BRG) from June to December 2020 under the Deputy of Education, Socialization, Participation and Partnership. This includes 5 activities namely; peatland restoration socialization, Da’i training and/or Peat Care Pastor, Sustainable Farmer Field School, peatland restoration literature (for students); understanding value added commodities (Non-Timber products) in the 14 villages that are within the RRC working areas.

The project area acts as a vital buffer zone for TN Tanjung Puting National Park and focuses on Ecosystem Restoration. It aims to restore and preserve the tropical peat swamp forest which is essential habitat for orangutans and is managed under the principles of ecology and economic & social management. Initiatives implemented positively impact 14 villages in two sub-districts (Seruyan Hilir and Danau Sembuluh), in the Seruyan Regency, Central Kalimantan.

Rimba Raya initiatives are developed by InfiniteEARTH with a focus on assisting local communities to improve their economic status and embrace the positive impacts of being a REDD+ project.

Contacts:
Frita Junita
Communication Officer Rimba Raya Conservation
Email: rimbarayajakarta@gmail.com
Hp: +62 857-1743-7001

Endowus launches Fund Smart for Singapore investors: Build customisable portfolios with direct access to curated institutional best-in-class funds from the world’s leading asset managers

Endowus.com, Singapore’s leading MAS-licensed digital wealth management platform and the first and only digital advisor for the Central Provident Fund (CPF), has announced the launch of their new investment solution – Fund Smart. Singapore investors can now build investment portfolios from a selection of institutional share-class and trailer-fee free funds curated by the Endowus Investment Office, led by Samuel Rhee, Chairman & Chief Investment Officer at Endowus. This new solution gives investors the ability to customise their fund allocations, analyse the historical and projected performance, as well as look-through the underlying exposure and total costs across the selected funds. It also provides real time advice to investors on the suitability of the portfolio they have created against their financial needs. Similar to existing Endowus investment offerings, Fund Smart has no sales fees, no transaction fees, no lock-ups and 100% trailer fee rebates. Endowus has also built in automated rebalancing and regular savings plans capabilities to improve the client investment experience.

Endowus launched a market survey to better understand Singaporeans’ investment preferences and needs prior to designing Fund Smart. The majority of respondents indicated a strong preference for the flexibility to customise their own investment portfolios, with exposure to specific geographies or sectors (74.5%) and lower costs (84%) as key considerations. Endowus Investment Office sought to design a differentiated investment solution to take into consideration Singaporeans’ investment needs and also provide quality advice in the form of curated fund selection and model portfolios.

Samuel Rhee, Chairman and Chief Investment Officer at Endowus, said: “Fund Smart’s value proposition is clear. People struggle with too many options – a growing array of platforms, and far too many funds to choose from with confusing fee structures. Transparency is important to us as it should be to our clients. We want our clients to experience the same quality of advice we have provided with our core portfolio products, but now with greater flexibility as we introduce a new way of investing through Fund Smart. Stick to our advised and new model portfolios, or make the tweaks you need. It’s that simple. And at the same low and aligned fees you can’t get elsewhere.”

The curated model portfolios include an ultra-defensive fixed income portfolio to prioritise capital preservation to weather volatility in markets and also flexible cash management solutions, as well as thematic and sector-focused portfolios such as ESG (Environment, Social, Governance) or SRI (Socially Responsible Investing) funds, Shariah-compliant funds, and thematic funds.

Funds available on Fund Smart include those managed by Dimensional Fund Advisors, PIMCO, Vanguard, Schroders, First Sentier, Franklin Templeton, Eastspring, Fidelity, PineBridge, Legg Mason, Fullerton, Lion Global, Nikko, and UOB Asset Management.

Endowus’ no sales fee and 100% trailer fee rebate policy not only lowers the total cost of investment, but also ensures alignment of interests with the investors. As a fee-only advisory firm, Endowus is not incentivised by product providers paying them hidden sales kickbacks. The average net cost of managing portfolios with Endowus is 65% cheaper than trying to replicate the portfolios on popular platforms and private banks in the market.

Kimberley Stafford, Managing Director and Head of PIMCO Asia Pacific said, “PIMCO has had the pleasure to collaborate with Endowus since their launch. With its unique solution offerings and the launch of the new innovative Fund Smart solution, we believe Endowus, as an industry leading digital wealth management platform, will help broaden PIMCO’s outreach to retail investors in Singapore and provide them with the access to our fuller range of global fixed income investment solutions.”

Gregory Van, Founding Partner at Endowus, said “Fund Smart provides transparency and flexibility for clients to express their investment views through access to best-in-class funds, all on a secure wealth platform that is home to all their money – Cash, CPF and SRS. We will continue to help clients cut through the clutter, keep fees low and aligned, and improve everyone’s investment experience.”

Joel Kim, CEO of Dimensional Asia ex-Japan, said “Dimensional is pleased to have worked with Endowus since they started serving Singaporean investors. They are one of the pioneers of fee-based independent advice in Singapore with a strong focus on low cost, transparent and systematic approach to investing. Endowus’ launch of the Fund Smart solution is a significant evolution in their advice offering for Singaporeans wishing to invest more of their savings with Dimensional through Endowus.”

Safety and Security together with Ease of Use Are Still Important

According to the investor survey conducted, the safety and security of the platform (83.9%) are crucial deciding factors in determining where Singaporeans invest. Through Endowus’ partnership with Singapore’s largest broker UOB Kay Hian, all client assets and investments are safely held in trust under the client’s own name. As with all of the Fintech company’s product offerings, Endowus Fund Smart gives users a fully digital, fuss-free onboarding experience using MyInfo within minutes from the comfort of their own homes.

About Endowus
Endowus.com is a MAS-licensed financial technology company and the first-and-only digital investment advisor for the Central Provident Fund (CPF), Supplementary Retirement Scheme (SRS), and cash.

Endowus offers access to superior investment products, personalised advice, and lower costs on a seamless digital investment platform for all investors. Partnered with UOB Kay Hian, Singapore’s largest broker, client assets and positions are safely held in the client’s own name. For more info, please visit www.endowus.com/

For media queries, please contact:
PRecious Communications for Endowus
E: endowus@preciouscomms.com
T: +65 6303 0567 / +65 9644 2930

Couloir Capital Ltd. is pleased to announce the initiation of research coverage on Challenger Exploration Ltd.

Couloir Capital Ltd., is pleased to announce the initiation of research coverage on Challenger Exploration Ltd. (ASX: CEL). The initial report is titled, “High-Grade Argentine Gold Project, Ecuadorian Project Next to 17-Million-Ounce Gold Deposit.”

About Challenger Exploration Ltd.

Challenger Exploration Ltd. is a precious metals explorer with a focus on gold and gold-copper projects in Latin America. The company’s flagship Hualilan Property is a gold exploration asset in the San Juan Province of Argentina which carries a non-compliant historical resource of 627,000 ounces at 13.7 g/t Au. The company also has the El Guayabo Project in Ecuador, which is less than 10 km from the 17-million-gold ounce Cangrejos Project.

About Couloir Capital Ltd.

Couloir Capital Ltd. is an investment research firm comprised of a team of veteran investment professionals dedicated to providing world-class opportunities in the natural resource exploration and development sectors along with real and alternative asset classes and strategies. Couloir Capital Ltd. is affiliated with a registered securities dealer, Couloir Capital Securities Ltd., and an investment entity, the West Cirque Fund Limited Partnership.

For further information, or to subscribe and receive a copy of the report please contact:
Rob Stitt, Managing Director, Couloir Capital Ltd.
Email: rstitt@couloircapital.com
www.couloircapital.com

Analyst Disclosure: The analyst and/or affiliated companies do not hold shares in the subject issuer but expect to after its clients have had an opportunity to trade.

BitDeer.com Unveils Brand New Cloud Hosting Services

BitDeer.com, the leader in the computing power sharing industry, collaborates with mining giant and strategic partner Bitmain to unveil a new service line featuring innovative cryptocurrency miner hosting solutions. Customers around the globe now have the capability of purchasing compliant mining machines, while having them custodied and maintained through the BitDeer.com server hosting platform.

BitDeer.com has strived to provide a “one-stop service” computing power-sharing solution for the crypto mining industry, and the expansion of hosting services has provided additional flexibility to the mining community. Cryptocurrency mining has changed from home operation to massive data centers and individual miners have found it impossible to mine independently due to the increased hashrate difficulty, prohibitive costs of maintenance and capital investment required to operate. Partnering with Bitmain, BitDeer.com’s new offering has been named “Cloud Hosting” and its goal is to lower the barrier of entry for individual miners while providing a consistent volume of computing power. BitDeer.com is not only leasing the mining machines, but offers interested users the possibility of ownership at fractions of the cost of buying and maintaining their own mining machine.

As the leading computing power-sharing platform, BitDeer.com aims to address the market demand from users for a solution to integration, accountability, and maintenance of remotely hosted crypto miners. With a track record of transparency, BitDeer.com allows customers to view the progress of their miners in real-time through the BitDeer.com platform. With 24-hour customer service and server maintenance, and transparent operations, miner hosting services can be executed with cost-effective and secure operations for their customer base. For a limited time period, no service fees will be charged, while subsequent electricity fees and maintenance fees would be directly deducted from the miner rewards.

The minimum requirement for the miner hosting service is 1 mining machine but customers also have the option to join other customers as a group to pool the services and split the rewards amongst themselves. At the moment, this is the first mining machine hosting service on the market that allows for this type of flexibility. All BitDeer.com mining machines are supplied by strategic partner Bitmain, who will also provide maintenance and repair services. This allows BitDeer.com to access mining machines that fulfill requirements for industry compliance, and a secure supply of electricity. The machines available for the new “Cloud Hosting” service include the critically acclaimed S19 Pro, currently known as the most energy-efficient, risk-averse, and cost-effective machine. Customers interested in signing up for the “Cloud Hosting” mining service may visit BitDeer.com and inquire through the platform, bringing the “one-stop service” reality one step closer.

BitDeer.com has a long-standing reputation as a stable business operator in the computing power sharing industry. The industry leader has maintained strong cooperation with Bitmain as its strategic partner. BitDeer.com also partners with other industry leaders such as Antpool and BTC.com, ensuring the quality and reliability of mining machines are authentic. BitDeer.com will continue to provide world-class mining services and remain the standard in computing power sharing services.

For more information on BitDeer.com and their services, please visit:
Official website: https://www.BitDeer.com
Facebook: https://www.facebook.com/BitDeerplatform
Twitter: https://twitter.com/BitDeerOfficial
YouTube: https://www.youtube.com/watch?v=lu95K9N5CM4
VK: https://vk.com/public174640639

About BitDeer.com
BitDeer.com is the world’s leading computing power-sharing platform, enabling global users to mine cryptocurrencies in a transparent, reliable, and convenient way. It saves users from the complicated process of purchasing, installing, and hosting mining machines. Individual miners can enjoy the service with just one click. See www.BitDeer.com.

Media Contact
hello@magicfew.com
contact@bitdeer.com

IDC Industry Will Benefit from the Growth of Cloud Computing GDS to be Listed on the HKEx

According to South China Morning Post, Internet Data Center (IDC) industry is a crucial component of the strategic emerging industry, which plays an important role in promoting and driving economic transformation and upgrading and social development, and is also a key industry leading the innovation and development of the information industry in the future. Recently, GDS, the leader of the IDC industry, officially launched its public offering on the Hong Kong Stock Exchange.

Unique platform attracts renowned customers in different industries

GDS is the largest carrier-neutral data center service provider in China, focusing on developing and operating high-performance data centers, with a 21.9% revenue market share of the carrier-neutral market in 2019. As of June 30, 2020, GDS operated 42 self-developed data centers also with 17 data centers under construction. As of the same date, GDS had an aggregate net floor area of 266,260 sqm in service, 94.1% of which was committed by customers.

At the same time, GDS has established good relationship with large, fast-growing, and diversified customers, allowing its customers to expand rapidly. As at June 30, 2020, GDS has served 673 customers, including hyperscale cloud service providers, large internet companies, financial institutions, telecommunications carriers and IT service providers, and large domestic private sector and multinational corporations. Many of GDS’s customers are leaders in their respective industries. Among them, there are renowned internet giants and cloud service providers such as Alibaba, Tencent, Baidu, Microsoft, ByteDance, JD, etc.

Strategic layout strengthens leading market position

Strategically, GDS firmly seizes the opportunity of rapid growth in cloud computing and emerging technologies, enabling cloud service operators to expand their data center capacity flexibly and continuously in key markets. GDS also leverages the operational benefits provided by its unique platform of interconnected data centers in Tier 1 markets hosting leading clouds to become the preferred provider of cloud-related managed services to enterprise customers. In addition, GDS will continue to expand unique platform of interconnected, high-performance data centers in China’s Tier 1 markets, and will assist its business growth by acquiring data centers in the first-tier markets, thereby further strengthening the Company’s core competitive advantages in the domestic market, consolidating the Company’s leading market position.

At present, the business landscape of GDS has been extended to four major domestic regions, including the Yangtze River Delta, Beijing-Tianjin-Hebei region, Guangdong-Hong Kong-Macao Greater Bay Area, and Chengdu-Chongqing region. GDS also continues to promote the national regional layout. In addition, in order to meet the huge market demand, the company may further expand its business to overseas markets such as Southeast Asia in the future.

In recent years, relevant departments in China have issued a series of regulations, standards and relevant policies to promote the development of the cloud computing industry. Benefiting from the rapid development of cloud computing, big data and the Internet, the demand for IDC in China has grown rapidly, and the volume of data transmitted, processed and stored has increased by multiples, demand for carrier-neutral data center services in China estimated to increase by a CAGR of 31.8% in the next five years, according to iResearch. The booming cloud computing market will drive a large amount of demand for data centers. In addition, the PRC government has promoted the concept of “new infrastructure” which includes hyperscale data centers, artificial intelligence and industrial internet. Such policy orientation is ushering in new waves of investment at all levels of the economy, which will give rise to numerous opportunities benefiting the data center industry. As a leading company in the IDC industry, GDS will continue to benefit from it in the future. After listing, GDS will have long-term investment value.

Global brokerage firm Tiger Brokers uncovers Singaporean Gen Zs’ penchant for globally diverse and long-term technology stocks

Gen Z (aged between 18 to 24 years old) investors make up 15% of Tiger Brokers global users, and 30% of Singapore’s total users
Tiger Brokers Singapore to introduce US fractional shares to increase accessibility to global stocks in the near future
Tiger Brokers Singapore will also be joining the Singapore Exchange (SGX) annual Bull Charge and donate to five selected local subsidiaries in Singapore

Xiaomi-backed global brokerage firm Tiger Brokers shared insights around the investment behaviour of Generation Z investors (aged between 18 to 24 years old), analysing about 100,000 Generation Z investors who are trading on Tiger Brokers’ platform during the span of 2015 to 2020. Gen Z makes up 15% of the company’s current 900,000+ customers worldwide; and 30% of Singapore’s total customers since the launch of Tiger Trade app in February 2020. The findings for the Singapore sample are in line with the overall findings.

The analysis showed that 45% of Gen Z investors prefers long-term stocks like Apple, Boeing, and Carnival, 35% real estate investment trusts (REITs) and exchange traded funds (ETFs) across United States, Hong Kong and Singapore; 10% are investing in high volatility stocks, such as Afterpay, Kodak, and Vaccinex and 10% in options, based on reports and business forecasts. For Q3 2020, the most traded stocks by Gen Z in Singapore are Tesla, Apple, NIO and MedTech International.

Wu Tianhua, Group CEO of Tiger Brokers, said, “Gen Z investors tend to gear towards creating a globally diverse investment portfolio. Since 2015, we have seen a year-on-year increase of Generation Z investing on the Tiger Trade platform. We will continue to strengthen our technology capabilities to provide the necessary tools to help bolster our investors’ trust in the platform.”

Tiger Trade’s figures show Gen Z investors have a 80:20 split between traditional stocks and real estate versus volatile stocks and options. The average fund deposited in a Gen Z Tiger Brokers trading account was US$3,435, over the last five years.

Fractional Shares for better accessibility to global stocks

Tiger Brokers is currently seeing increasing interest around US fractional shares from its users, which is a relatively popular financial product in the US. The fintech company sees fractional shares as part of its larger efforts to bring a more diverse array of trading options to its investors, especially Generation Z or new investors who would like to start with lower capital. Investors can determine the value that they would like to trade, and Tiger Brokers will help with the purchase. Investors may access US fractional shares via the Tiger Trade platform in the near future.

Tiger Brokers had recently added ASX (Australian Securities Exchange) in September and Singapore Exchange (SGX) in June, addressing Singapore-based investors’ increasing appetite towards investing even during the current COVID-19 pandemic: Tiger Brokers had witnessed a surge in account openings at 126% in 3Q2020 as compared to 2Q2020, with investors committing smaller premiums at the beginning of their investment journey.

Eng Thiam Choon, CEO of Tiger Brokers Singapore highlights, “Less is more – At Tiger Brokers, we noticed a demand for investors for smaller investment amounts. With our current US market’s median trade size at US$1,200 indicative, some of the US blue chips could be a hefty start, especially for those who are new to trading. For example, one can now purchase part of an Amazon stock for a fraction of the market price which is usually in the range of US$3,160, US$3,400 depending on the market situation. We believe fractional shares investment allows individuals, especially for those who are more conservative with their purchase to have a chance to invest prudently as well as diversifying their investment portfolio.”

A business with social impact at heart

Tiger Brokers Singapore will also be sponsoring the Annual Singapore Exchange Bull Charge run as a Bronze sponsor, alongside DBS Bank, PhillipCapital, Frasers Property, F&N Limited and more. The team hopes to help raise funds for five different beneficiaries (Autism Association (Singapore), AWWA Ltd, Fei Yue Community Services, HCSA Community Services and Shared Services for Charities), providing them with care and assistance that help them lead more positive, meaningful and comfortable lives. The run will be conducted virtually, where participants could start their virtual run anywhere between 30 October, 6pm to 13 November, 8pm.

“Tiger Brokers believes in giving back to the community. It is in our culture, values and way of doing business to do what’s right for the community. We give serious consideration to the impact our business activities may have, not only on our partners and investors, but also the local communities. We know that many people or communities have been impacted by the pandemic and we encourage others to join us in the participation of different charitable activities of their choice. As a fintech company, we hope to raise awareness, especially this year where many will need the additional support to sail through,” added Thiam Choon.

About Tiger Brokers (Singapore) Pte Ltd.

Tiger Brokers Singapore Pte Ltd (Tiger Brokers Singapore) is a brokerage firm operating with a Capital Markets Services (CMS) Licence from the Monetary Authority of Singapore (MAS). Its trading platform, Tiger Trade, offers complimentary real-time stock quotes, dedicated multilingual customer service during trading hours and 24/7 finance news updates. The company launched the mobile version of Tiger Trade in February 2020 – accessible on Google Play Store and the Apple App Store – offering mobile-savvy generation of retail investors similar trading opportunities as their online users, such as Equities, Exchange-Traded Funds (ETFs), Futures, Stock Options, Warrants, and Callable Bull/Bear Contract (CBBC) on their mobile phones. Both online and mobile app allow users to invest across multiple asset classes traded on the Singapore, U.S., Hong Kong and Australia stock markets such as the New York Stock Exchange (NYSE), NASDAQ, Shanghai/Shenzhen-Hong Kong Stock Connect, the Hong Kong Stock Exchange (HKEX), the Singapore Stock Exchange (SGX) and Australian Securities Exchange (ASX).

Tiger Brokers Singapore is the Singapore entity of UP Fintech Holding Limited, known as “Tiger Brokers” in Asia, a leading online brokerage firm focusing on global investors. Founded in 2014, Tiger Brokers became #1 in the U.S. equity trading by volume among trading platforms catered to Global Chinese investors in less than two years. Tiger Brokers was awarded “2017 Fintech 250” by CB Insights and shortlisted for “China Leading Fintech 50” for two years in a row by KPMG China. The company was listed on NASDAQ under “TIGR” in 2019 and has offices in China, United States, Australia, New Zealand and Singapore. Tiger Brokers has over 833,900 customers worldwide currently, with a total trading volume of US$46.8 billion in Q2 2020. The company is backed by well-known investors such as Xiaomi, as well as investment guru Jim Rogers. For more information, please visit https://www.tigerbrokers.com.sg.

For media enquiries, please contact:
PRecious Communications for Tiger Brokers (Singapore)
Email: Tiger@preciouscomms.com / media@tigerbrokers.com.sg

This article has not been reviewed by the Monetary Authority of Singapore.

Any views shared with Prospective Clients (“Prospects”) are suggestive in nature and on a sample basis only. This may also be predicated on assumptions that are made by Tiger Brokers (Singapore) Pte Ltd about the Prospects’ investment objectives and risk profile. Our suggestive and sample views extended to Prospects are not to be considered as recommendations made by the Company. Suggestions provided are also based on information that may be shared by the Prospects, the accuracy and comprehensiveness of which Tiger Brokers in not in a position to verify.

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