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HSBC 9-month Profit Rises

Monday October 29 th 2018

(RTTNews) – Asia-focused lender HSBC Holdings Plc (HSBC, HSBA.L) reported Monday that its 9-month reported profit before tax increased 12 percent to $16.63 billion from $14.86 billion a year ago.

Adjusted profit before tax was $18.33 billion, up 4 percent from $17.7 billion in the previous year.

Profit after tax was $12.93 billion versus $11.55 billion in the previous year.

Earnings per share were $0.55, higher than $0.50 in the year earlier.

Revenue for the period grew 5 percent to $41.1 billion from $39.1 billion last year.

Adjusted revenue rose 4 percent to $41.4 billion, excluding the effects of foreign currency translation differences and movements in significant items.

Capital base remained strong with a common equity tier 1 (‘CET1′) ratio of 14.3% and a CRD IV leverage ratio of 5.4%

Looking ahead, John Flint, Group Chief Executive said, ” We remain committed to growing profits, generating value for shareholders and improving the service we offer our customers around the world.”

Over 170,000 Votes Received for the Upcoming 4th Middle East Hospitality Excellence Awards Organized by Hozpitality Group

DUBAI, United Arab Emirates, October 29, 2018 /PRNewswire/ –

Online voting ends on 31st Oct for the Most Awaited Popular Choice Awards for Hospitality Leaders in Dubai will be held at Hilton Dubai Al Habtoor City on 28thNov 2018

After receiving over 170,000 votes received, the online voting for this year’s much awaited Popular Choice Awards ends on 31stOct 2018. The 4th Middle East Hospitality Excellence Awards will be held on 28th Nov at Hilton Dubai Al Habtoor City where top hospitality professionals in Middle East Africa will be awarded.

Gold and Silver winners for each category will be announced at the award ceremony. We would like to congratulate the finalists on their success so far and the final result will be based on results of the online voting, said Raj Bhatt, CEO, Hozpitality Group in Dubai.

The Awards are powered by Delta Food Industries and Danube Group while the category Sponsors are Barakat Foods, Zarya Wellness ICCA Dubai. Among other partners are:- ZEE TV Middle East, ZEE Cinema, TV, TTG MENA, RAK Porcelain, Restofair RAK, Absolute Frame, Wassup Dubai and Fusia Events. Radio partner is Suno 1024.

The 4th Middle East Hospitality Excellence Awards 2018 will be presented to recognise top industry organisations and individuals which have shown skill, creativity, ingenuity and success in the Middle East Africa’s growing hospitality industry.

Hozpitality Group also re-launched their Social media networking and Media announcements website for everyone interested in the Hospitality Industry and Hospitality professionals with other people who share similar personal or career interests, activities, backgrounds or real-life connections.

Hozpitality Plus allows users to share ideas, discussions, blogs, reviews, digital photos and videos, posts, and to inform others about online or real-world activities and events with people in their network.

Our mission is to bring Hospitality Industry closer. The Hozpitality Plus platform offers a place to connect with people interested in Hospitality industry. This empowers people to learn from each other and to better understand the world and the industry, added Raj.

The organizer, Hozpitality Group would like to wish you the best of luck with your entries.

For more details and pictures of the awards, Pls connect on:-

About Hozpitality Group: 

Hozpitality consists a database of over 1 millionregistered hospitality professionals in in its 2 websites, – “Dedicated hospitality website for Jobs in Middle East, Africa and Asia” and – “Dedicated hospitality networking group”. Apart from the registered candidates Hozpitality reaches out to over 1 million professionals through monthly email marketing from over 186 countries.

From hospitality jobs in Dubai and the UAE, retail jobs in Asia, and cruising jobs around the world, millions of workers all around the globe are proud to call themselves hospitality employees. Whether you want to greet hotel guests in Dubai, Frankfurt, Davos; become an executive chef in Abu Dhabi or Tokyo; or serve up coffee in Qatar, there is a rewarding hospitality career designed to match your unique skills and interests. To find prospective global hospitality jobs, just search by industry, department, level, and/or location. You can also search by keyword(s), such as “Dubai hotel jobs” or “Qatar hotel jobs“.

In addition to listing jobs in Dubai, UAE, Mumbai, Europe and around the world, offers professional CV designing, a community network for employers and job seekers, a directory of hospitality suppliers, Latest Hospitality News, Hotel News, Movements and Appointments and Hospitality announcements, hospitality travel bookings etc. We do more than just list jobs; we provide an effective platform where all hospitality professionals can unite. Advertise or find cruise ship jobs, catering jobs, travel jobs, sous chef jobs, and more with, a world of opportunities…

The dedicated hospitality networking group, publishes and shares Latest Hospitality News, Announcements, Hotel openings, Promotions, Events, Hospitality Movements and Appointments and Hospitality announcements, Reviews, Blogs etc. We provide an effective platform where all hospitality professionals can unite, network, benefit and share.

Hozpitality Consulting is a Global Executive Search consultancy based out of Toronto, Canada. Our success lies in building a long term relationship and delivering results quickly and efficiently for a “much lower cost. We are experts in locating the best possible suitable executive and management candidates for placements in all types of hospitality organizations around the world. Through our matchless database, communication and networking, over the world, we provide our clients with the most skillful candidates.

“Hozpitality Buzz- The inside scoop” is a TV show based on the hospitality industry in Dubai and UAE, is in English and telecast-ed on a premier TV channel in Middle East North Africa reaching out to approx. 10-12 million viewers. To know more about the TV show, Please log on to:- and  

Middle East Hospitality Excellence Awards are presented to recognize top industry organizations which have shown skill, creativity, ingenuity and success in the Middle East North Africa’s growing hospitality industry. Logon to

To know more about the group, Please log on to: , , ,,  

Raj Bhatt
P.O Box- 119395, Dubai, UAE
Phone: +971-4-334-31-77, Fax:- +971-4-334-31-78

Malta Digital Exchange (MDX) signs MOU with Canamex Gold Corp. for gold backed security token listing

VALLETTA, Malta, Oct. 29, 2018 /PRNewswire/ — Malta Digital Exchange has signed an MOU with Canamex Gold Corp.

Canamex is in the process of issuing security tokens, backed by gold and silver, to accredited investors. Under the MOU, Canamex will explore the listing and trading of GOLDUSA and SILVERUSA tokens on the MDX. Malta Digital Exchange will collaborate with Canamex on listing and trading of these security tokens on the MDX platform.

Canamex Gold Corp. (CSQ) is a public listed company registered in British Columbia, Canada, trading on the Canadian Securities Exchange (CSE), and is engaged in fast-tracking toward development of the Bruner Gold Development Project in the prolific gold jurisdiction of Nye County, Nevada.

Security tokens are the next generation of regulated securities, which are being built on blockchain-based infrastructure rather than being restricted to legacy systems. MDX aims to become the world’s premier security token exchange, which will enable greater market efficiency, accessibility, liquidity and transparency within the capital markets.

“Only a few, with soul in the game, are sufficient to really move the needle. The capital markets do not evolve by consensus, the majority, academic economists, over regulation, or tea and scones at Harrods. All one needs is asymmetry, such as today’s inefficient and outdated capital markets, and someone with soul in the game, such as MDX and Canamex; then the needle can be moved to bring about the change,David Vincent, Canamex CEO said.

Malta Digital Exchange (MDX) is a multi-asset digital exchange, which focuses on security tokens and virtual financial assets (VFA). Featuring instant order matching T+0, adjustable and special fees (maker-taker), minimum and partial executions and limited and unlimited orders. Malta, being at the forefront of regulatory framework for blockchain regulation provides the perfect jurisdiction for MDX’s institutional-grade platform, along with proprietary technology provided by Paritech, designed for high volume and high-performance B2B clients.

“It is a very exciting time in global capital markets with the upcoming licensing of regulated Security Token Exchanges such as MDX. Security tokens are set to democratise capital markets globally, providing far greater transparency, regulation and pricing efficiency to both token issuers and investors. We are very pleased to be partnering with a highly innovative and progressive company such as Canamex in providing a secondary trading marketplace for their security tokens,” MDX’s Rick Klink said.   

To find out more about the Malta Digital Exchange, visit:

SOURCE Malta Digital Exchange

OPIM to host Jack Schwager & Market Wizards of China conference series

HONG KONG, Oct. 29, 2018 /PRNewswire/ — OP Investment Management Ltd (“OPIM”), Asia’s leading hedge fund platform, today announced that the “Market Wizards of China” conference series have successfully been held in Shenzhen, Beijing, Shanghai and Hong Kong between October 26-29, 2018. The conference, hosted with CFA Institute and The Absolute Return Investment Management Association of China, is a four-day event featuring Jack Schwager, the well-known author, fund manager, and industry expert in futures and hedge funds.

Jack Schwager is an established expert on futures and hedge funds, and the co-founder and Chief Research Officer at FundSeeder, a firm that seeks to find undiscovered trading talent worldwide via its trader platform ( and to connect unknown successful traders with sources of investment capital through its sister company FundSeeder Investments. Previously, Mr. Schwager was a partner in the Fortune Group (2001-2010), a London-based hedge fund advisory firm. His prior experience also includes 22 years as Director of Futures research for some of Wall Street’s leading firms.

The four-day event celebrates Jack Schwager’s influence on the industry in particular through his best-selling Market Wizard series books which have sold over a million copies worldwide (translated in every major language including Chinese). Each day’s program also brings together some of the top investment managers in Mainland China and Hong Kong to exchange ideas on the evolution of trading, technology, and asset management. Each day comprises of two parts, the first being an exclusive one-hour interview with Mr. Schwager, his reflections on the research and interviews of all-time-greats like Ray Dalio and Ed Thorpe; the second hour will bring together a panel of traders and leading managers who’ve been influenced by Jack’s books, sharing their experience on strategy, the markets, and building a fund business. MainlandChina and Hong Kong based firms and institutions include Oasis Management Company, Ortus Capital Management, Poincare Capital Management, About Capital Management, Keywise Capital Management, Shenyi Investment, Jinde Asset Management, Hongxin Investment, KC Capital and Pure Faith Asset Management, True Value Partners, Zhenrongbao, Empire Capital, China Financial Futures Exchange, and Beijing Renmin University.

“OPIM has been partnering with Asian emerging managers since 2008, and some of the lessons of the past resonate still today. It’s a rare treat to bring one of the most influential minds to Asia, having helped demystify trading and inspiring an entire generation of investment professionals. We’re thrilled to bring together Jack and Asia’s new market wizards for an intimate and invigorating conversation!” says Alvin Fan, Chief Executive Officer of OP Investment Management.

“With countless new talent in Asia uniquely positioned to generate alpha, we’re at an exciting intersection between technology and rise of the emerging manager”, opined Mr. Schwager.

Jack Schwager and Market Wizards of China conference series is hosted by OPIM, and in partnership with CFA Institute and Absolute Return Investment Management Association of China, supported by The Alternative Investment Management Association (AIMA), The Hong Kong Society of Financial Analysts (HKSFA) and FundSeeder, and sponsored by CME Group, SP Global Market Intelligence, Interactive Brokers, Harneys, CSC Futures (HK) Limited and Global Prime Partners Ltd.

About OP Investment Management Ltd.

OPIM is a leading Hong Kong based asset management company established and licensed since 2004 with Hong Kong Securities and Futures Commission (the “SFC”) to carry out Type 4 (advising on securities) and 9 (asset management) regulated activities under the provisions of the Securities and Futures Ordinance (Cap.571) (the “HK SFO”). The company is also a member of the Oriental Patron Financial Group and associate of OP Financial Ltd. (Hong Kong publicly listed 1140.HK). OPIM partners with emerging managers to develop innovative strategies for institutional and professional investors. OPIM’s institutional fund platform attracts both managers and investors from around the world working with the industry’s best business partners in alternative asset management.

About FundSeeder Technologies, LLC

FundSeeder Technologies, LLC is a data and performance analytics platform for the trading industry, designed to democratize and globalize the capital investment and portfolio management process for undiscovered trading talent. The company’s software allows traders to verify their track records, benefit from performance analytics and risk management tools and provide access to an emerging manager support structure. Alternatively, sister company FundSeeder Investments provides investors with a unique tool to find emerging skilled managers globally and to invest with them within various types of investment structures. Some of FundSeeder’s investors include FIS Global, a leading financial technology firm and OP Investment Management Ltd., a leading Hong Kong based asset management company. FundSeeder is based in Boca Raton, Florida.

About CFA Institute

CFA Institute is the global association of investment professionals that sets the standard for professional excellence and credentials. The organization is a champion of ethical behavior in investment markets and a respected source of knowledge in the global financial community. Our aim is to create an environment where investors’ interests come first, markets function at their best, and economies grow. There are more than 161,000 CFA® charterholders worldwide in 163 countries and regions. CFA Institute has eight offices worldwide and there are 151 member societies. For more information, visit or follow us on Twitter at @CFAInstitute and on

About Absolute Return Investment Management Association of China (ARIMAC)

ARIMAC was incorporated in Hong Kong in February 2011. It is a non-profit organization and its Council members are consist of senior investment professionals and industry leaders in China and overseas. The Association is committed to promoting overseas successful absolute return investments, especially hedge fund-related investment philosophy, investment processes and international standard ethic codes of conduct to the Chinese market and cultivating relevant talent. Since its inception, the Association has successfully organized large scale annual conferences, two international CTA forums and other roundtable forums. The Association brings together a group of well-known and experienced professionals globally to promote the healthy development of China’s absolute return investment, and is highly praised by the industry. The Co-Chairmen of the Association are Mr. Jeff Nie and Mr. Wensheng Ma, and there are more than 60 Council members.

This document is issued by OP Investment Management Limited (“OPIM”). This document, and the website of OPIM ( has not been reviewed by the Securities and Futures Commission of Hong Kong. This document is solely for information purposes and is not intended as an offer, a solicitation of offer or a recommendation, to deal in shares of securities or any financial instruments. Past performance and the predictions, projections, or forecasts on the economy, securities markets or the economic trends of the markets are not necessarily indicative of the future or likely performance of OPIM, any funds managed by OPIM, or any future funds to be launched under the Sunrise SPC Platform. Information herein is believed to be reliable at time of publication but OPIM does not warrant its completeness or accuracy and is not responsible for error of facts or opinion nor shall be liable for damages arising out of any person’s reliance upon this information. Any opinion or estimate contained in this document may subject to change without notice. This document may not be published, circulated, reproduced or distributed without the prior written consent of OPIM.

SOURCE OP Investment Management Ltd