Since its inception in 1973, the HKMA Best Annual Reports Awards has become a highly regarded benchmark in Hong Kong's information disclosure landscape. It aims to award and recognize organizations for their achievement in annual report preparation. A total of nine enterprises received the "Certificate of Excellence in Environmental, Social and Governance Reporting". Other award-winning companies include CLP Holdings, CK Hutchison Holdings, Hong Kong Exchanges and Clearing Limited, MTR Corporation, Swire Pr ...

RT AvaxFusion 🔺 (@AvaxFusion)1/2 This week on @avax ecosystem:FinChain, under @Fosun_Intl, has launched FUSD on Avalanche, further positioning the chain as the primary network for Asia’s first yield-bearing RWA-backed stablecoin.A major milestone that further strengthens Avalanche’s institutional adoption and real-world asset tokenization narrative.Meanwhile, AVAX on-chain activity continues to grow:→ C-Chain surpassed 600,000 active addresses, and→ 1.3M+ total active users ...

RT Morgan Krupetsky (@MorganKrupetsky)Fosun Wealth Holdings is the HK–based wealth and fintech platform of Fosun International, one of China’s largest diversified conglomerates with $100B+ in global AUM and a public listing on the Hong Kong Stock Exchange.FUSD will ultimately be integrated across Fosun’s global ecosystem--extending well beyond crypto-native users and into real-world financial distribution, enterprise applications, and mainstream adoption.Embedded finance, built on @avax. ...

Core Viewpoint - Fosun International has completely exited its position in the iShares MSCI China ETF (MCHI), selling 106,000 shares valued at $5.84 million, as reported in an SEC filing on November 14 [2][3][6]. Group 1: Transaction Details - Fosun International sold 106,000 shares of MCHI during the third quarter, marking a full exit from its holdings [3][6]. - The total value of the shares sold was approximately $5.84 million based on quarterly pricing [3][6]. Group 2: ETF Performance - As of the latest data, MCHI shares were priced at $61.27, reflecting a 28% increase over the past year, significantly outperforming the S&P 500, which rose by 15% in the same period [4]. - The iShares MSCI China ETF has a total asset under management (AUM) of $7.86 billion and a yield of 2.3% [5]. - The ETF has achieved a one-year total return of 32.87% [5]. Group 3: Investment Strategy - MCHI's investment strategy focuses on tracking the MSCI China Index, providing exposure to large- and mid-cap Chinese equities across various sectors [8][9]. - The ETF primarily consists of H-shares and B-shares, representing the top 85% of the Chinese equity market by market capitalization, and invests at least 80% of its assets in the component securities of the MSCI China Index [8]. Group 4: Market Insights - The iShares MSCI China ETF has experienced a strong year, with net asset value increasing over 30% year to date as of late September, indicating a broad recovery in large and mid-cap Chinese stocks [10]. - Exiting a single-country ETF after a significant price increase may not necessarily indicate a bearish outlook on China but could reflect risk management strategies [11].