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"Asia Business Media" - 5 new articles

  1. 2,500 exhibitors feature at HKTDC’s autumn lighting fair
  2. Global Sources’ fashion fairs host 1,300 booths
  3. Revenue and profit down for Made-in-China.com
  4. Netsun’s net income up 10% in Q3
  5. New MICE venue opens in Zhuhai
  6. More Recent Articles
  7. Search Asia Business Media
  8. Prior Mailing Archive

2,500 exhibitors feature at HKTDC’s autumn lighting fair

News this week: Earlier this week, the Hong Kong Trade Development Council(HKTDC) organised the 16th edition of the Hong Kong International Lighting Fair (Autumn Edition) at the Hong Kong Convention and Exhibition Centre (HKCEC). The fair was held from 27th to 30th October and attracted 2,500 exhibitors from 37 countries and regions.

According to the HKTDC, first-time exhibitors originating from Lithuania, Mexico and Portugal were in attendance. The HKTDC also organised 73 buying missions consisting of around 5,900 international buyers from 4,000 companies. The International Lighting Fair showcases the latest in lighting products, technologies and smart lighting solutions.

Major product zones featured in this edition included: advertising lighting, smart lighting & solutions, commercial lighting, household lighting, outdoor lighting, testing, certification & inspection, trade service & publication and lighting accessories, parts & components.

This post is excerpted from BSG's weekly e-newsletter which is part of our subscription research service, BSG Tracker. Visit our websiteto find out more about this service. You can also follow us on Twitterfor all the latest updates.
    


Global Sources’ fashion fairs host 1,300 booths

News this week: NASDAQ-listed B2B media company, Global Sources, recently hosted 1,300 exhibitor booths at the AsiaWorld-Expo (AWE). The organiser’s co-located events included China Sourcing Fairs: Fashion Accessories, Garments & Textiles and Underwear & Swimwear, as well as India Sourcing Fair: Garments & Accessories.

The four-day trade show was held from 27th to 30th October. Global Sources reported the participation of many high-profile buyers this year, including representatives of Bestseller Fashion Group, Carrefour, Folli Follie, Giorgio Armani, Landmark Group, Le Chateau, Li & Fung, Nitori, Ralph Lauren, Samsonite, Sears, Triumph, Target Sourcing, Tesco, Wiley Accessories and Woolworths.

Tommy Wong, president of Global Sources Exhibitions, was quoted saying, “Buyers love the ease of sourcing many product lines under one roof. We have Asia’s largest selection of scarves, a new sportswear pavilion and fast growth in our finished-garment and fabric lines. Some lines have double-digit growth since our show last October. This mirrors the robust state of the global apparel industry which is expected to be worth more than US$1,560 billion by 2017.”

This post is excerpted from BSG's weekly e-newsletter which is part of our subscription research service, BSG Tracker. Visit our websiteto find out more about this service. You can also follow us on Twitterfor all the latest updates.
    

Revenue and profit down for Made-in-China.com

News this week: Shenzhen-listed Focus Technology, the operator of Made-in-China.com, has released its results for the quarter ended 30th September 2014. Revenues were US$21 million, down 5% from the same quarter last year. Net income in the quarter was US$3.6 million, a drop of 44% compared with the same period in 2013.

The company also reported its results for the nine months ended 30thSeptember. Revenues in the period were US$64 million, an increase of 2% over the 2013 figure. Net income was US$15 million, a 12% year-on-year increase. The company attributed the drop in revenues and profit to uncertainties facing the recovering global economy and rising operational costs. Diluted earnings per share were RMB 0.80 (US$0.13) in the first nine months of 2014.

As of 30th September 2014, Made-in-China.com had 13,275 registered members, of which 12,550 were registered on the company’s flagship English language site and just 725 on its Chinese site.

This post is excerpted from BSG's weekly e-newsletter which is part of our subscription research service, BSG Tracker. Visit our websiteto find out more about this service. You can also follow us on Twitterfor all the latest updates.
    


Netsun’s net income up 10% in Q3

News this week: Shenzhen-listed online sourcing platform, Zhejiang Netsun, announced its financial results for the quarter ended 30th September 2014. Revenues were US$5.9 million, representing an 11% decrease over the same period in 2013. The Hangzhou-based company posted a net profit of US$1.5 million, a 10% rise compared with the third quarter of 2013.

Netsun also released its results for the nine months ended 30thSeptember. Revenues amounted to US$20 million, a drop of 23% compared with the first nine months of 2013. Net profit was US$4.8 million, a 4% increase over the same period last year. Earnings per share were RMB 0.14 (US$0.0228).

This post is excerpted from BSG's weekly e-newsletter which is part of our subscription research service, BSG Tracker. Visit our websiteto find out more about this service. You can also follow us on Twitterfor all the latest updates.
    

New MICE venue opens in Zhuhai

News this week: The new Zhuhai International Convention & Exhibition Centre (ZICEC) recently opened to add 30,000 m2of exhibition space to the Pearl River Delta region in southern China. With an initial investment of US$1.1 billion, the venue was developed by Zhuhai’s leading state-owned enterprise, Huafa Group, and managed by Beijing’s China National Convention Center (CNCC).

ZICEC’s exhibition space is spread across six 5,000 m2 column-free halls. Additionally, ZICEC features a 4,500 m2 divisible grand ballroom, a 2,000 m2plenary hall, opera theatre, concert hall and 35 meeting rooms. The venue is currently supported by the on-site Zhuhai Huafa Sheraton Hotel with 550 rooms. The adjacent 63-storey St. Regis Zhuhai Hotel is expected to open in 2016.

Three co-located events were recently held running from 16th to 18th October. ZICEC hosted 453 exhibitors and 13,000 trade visitors from the printing industry trade show which included the RemaxAsia Expo. The venue’s next event, the inaugural Zhuhai International Automobile Exhibition, will take place from 30thOctober to 2nd November 2014.

This post is excerpted from BSG's weekly e-newsletter which is part of our subscription research service, BSG Tracker. Visit our websiteto find out more about this service. You can also follow us on Twitterfor all the latest updates.
    


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