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Entrepreneur Day to Open 2 May with Record Exhibitor Attendance Hong Kong, Apr 24, 2014 - (ACN Newswire) - A recent Hong Kong Trade Development Council (HKTDC) survey reveals that 15 per cent of respondents are new entrepreneurs or would-be entrepreneurs, up eight percentage points over a similar survey conducted in 2011. "Start-ups Taking off: 2014 Report on Youth Entrepreneurship in Hong Kong," done jointly by the HKTDC and the Hong Kong Federation of Youth Groups (HKFYG), was conducted from November 2013 to February 2014 and divided into two parts. In the first part, 1,000 Hong Kong people, aged 18-35, were randomly contacted to get an estimation of new entrepreneurs and would-be entrepreneurs and their characteristics; in the second part, some 200 entrepreneurs who have started a business in the last three years were interviewed. Results of the first part revealed... (more)

Pure Storage Raises $225M, Valued at Over $3B by Leading Public Market Investors

With Plans for Continued Business Acceleration, Pure Storage Raises New Capital to Meet Market Demand, Expand Global Footprint and Preserve Long-Term Independence in Pioneering the All-Flash Future for Enterprise Storage Singapore, Apr 23, 2014 - (ACN Newswire) - Pure Storage, the all-flash enterprise storage array company, has closed a $225 million Series F funding round, bringing the company to a valuation of over $3 billion. The round included contributions from previous public market investors including T. Rowe Price Associates, Inc. and Tiger Global and new investor, Wellingto... (more)

Hong Kong Spring Electronics Fair and ICT Expo Open

3,300+ Exhibitors Showcasing a World of Products and Services Hong Kong, Apr 13, 2014 - (ACN Newswire) - More than 3,300 exhibitors from 25 countries and regions are in Hong Kong for the 11th HKTDC Hong Kong Electronics Fair (Spring Edition) and the 11th HKTDC International ICT Expo, which opened today and continue through 16 April at the Hong Kong Convention and Exhibition Centre (HKCEC). The twin fairs are presenting a wide range of products and services in the electronics and ICT industries. - 3D Printing, Wearable Electronics The Electronics Fair welcomes some 2,760 exhibitors fr... (more)

IFC Recognises SGX's Support in Commitment to Develop Asia's Capital Markets

Washington, D.C. & Singapore, Apr 24, 2014 - (ACN Newswire) - IFC, a member of the World Bank Group, today recognized the support of Singapore Exchange (SGX) in its initiatives to foster the development of offshore and onshore capital markets in Asia. IFC Vice President and Treasurer Jingdong Hua and Singapore Exchange Head of Listings, Lawrence Wong, said SGX had played a key role in the success of the IFC Global Rupee Program, launched in October 2013 to support India's capital markets. Under the program, which was listed on SGX and in Luxembourg, IFC issued $1 billion in bonds... (more)

Hong Kong Houseware, Textile Fairs Attract Nearly 46,000 Buyers

Twin Home-Product Fairs Finish Successful Four-Day Runs Hong Kong, Apr 24, 2014 - (ACN Newswire) - The HKTDC Hong Kong Houseware Fair and the HKTDC Hong Kong International Home Textiles and Furnishings Fair ended their four-day shows at the Hong Kong Convention and Exhibition Centre (HKCEC) yesterday. Together, the two fairs hosted close to 2,300 exhibitors from 36 countries and regions and welcomed nearly 46,000 buyers. Double-Digit Buyer Growth Houseware fair buyers came mainly from the Chinese mainland, Taiwan, India, Japan, the United States, South Korea, Australia, the United Ki... (more)