ChineseWire Archives - InvestorWire (IW)

Friday Aug 09, 2024 - 12:27 pm

InvestorNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Releases Q2 2024 Financial

Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision systems, is reporting its financial results and company update for the second quarter of 2024. Highlights of the report include a collaboration agreement with Korean Tier-One KONEC, a contract to supply advanced systems for SUNWAY-AI autonomous logistics vehicles, and a follow-up order from a leading Japanese manufacturer, to name a few. The report…

Wednesday Jun 05, 2024 - 1:29 pm

InvestorNewsBreaks – Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) Subsidiary Granted Key Precious Metals, Gem Trading Licensing

Blue Hat Interactive (NASDAQ: BHAT), a company expanding its business to commodity trading and aiming to become a leading intelligent commodity trader worldwide, announced that its wholly owned subsidiary, Golden Alpha Strategy Ltd., has been granted Dealers in Precious Metals and Stones Category A Registration by Hong Kong Customs and Excise Department. The company is expanding its business scope to bulk trading of gems and…

Wednesday May 22, 2024 - 11:32 am

InvestorNewsBreaks – Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) Enters LOI to Acquire GTC Multi Trading DMCC

Blue Hat (NASDAQ: BHAT) today announced its entry into a letter of intent (the “LOI”) to acquire GTC Multi Trading DMCC (“GTCM”), a financial technology company registered in the United Arab Emirates. According to the LOI, BHAT plans to acquire, through multiple rounds, an aggregate of 60% of the shares of GTCM through the issuance of ordinary shares. “This partnership signifies a pivotal shift in…

Wednesday May 15, 2024 - 9:58 am

InvestorNewsBreaks – Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) Unveils AI ‘Aileen’ as CIO

Blue Hat (NASDAQ: BHAT) today announced that an independently developed artificial intelligence, digital person, “Aileen,” will serve as the company’s chief information officer (“CIO”). The development brings together two core technologies — a highly realistic digital person image and advanced language interaction capabilities — and is based on the company’s long-term technical buildup in the gaming field and in-depth application of market-leading third-party AI technology,…

Wednesday May 08, 2024 - 10:39 am

InvestorNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Leverages NVIDIA Jetson Orin to Achieve Major Breakthrough with Dragonfly Vision(TM)

Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision solutions, today announced a major breakthrough with the development of Dragonfly Vision(TM), its cutting-edge 360-degree 3D perception solution, based on the NVIDIA Jetson AGX Orin platform, designed for power-optimized autonomous machines. By leveraging the significant artificial intelligence (“AI”) computing power of the NVIDIA Jetson AGX Orin platform, Foresight can create an all-around obstacle…

Wednesday May 01, 2024 - 9:10 am

InvestorNewsBreaks – Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) Notes ‘Surge’ in Revenue in FY 2023 Financial Report

Blue Hat Interactive (NASDAQ: BHAT), a company of commodity trading in China, is reporting its audited financial results for fiscal year 2023, or the period ended Dec. 31, 2023. According to the report, the company saw a surge in revenue. Specifically, the company reported revenue of $73.68 million for the year, a 33-times increase over its 2022 revenues. The company noted that the increase is…

Wednesday Apr 17, 2024 - 11:50 am

InvestorNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Paving Way for Safer, More Efficient Autonomous Vehicles in Japan

Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision solutions, today announced its receipt of a notice of allowance from the Japan Patent Office for its patent application, number 2020-557022, for the company’s “multi-spectral vehicular system for providing pre-collision alerts.” The patented technology combines data from pairs of stereoscopic infrared sensors and stereoscopic visible-light sensors through an advanced fusion module that enables…

Wednesday Apr 03, 2024 - 10:20 am

InvestorNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX), Partner Installing Breakthrough Tech in Leading Defense Customer

Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision systems, is partnering with Elbit Systems Ltd. to commercially deploy FRSX’s cutting-edge software solution to a key customer in the defense industry; plans call for the technology to be installed in fully autonomous defense vehicles. According to the announcement, this agreement is the first time Foresight’s 3D image processing software will be commercially…

Thursday Mar 28, 2024 - 9:41 am

InvestorNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Releases Financial Results for Q4, FY 2023

Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision systems, is reporting on its fourth-quarter and full-year 2023 financial results, for the period ending Dec. 31, 2023. According to the report, the company ended 2023 with revenues of $497,000 and with $15.7 million in cash, cash equivalent and restricted cash. In addition, the report noted that Foresight had a U.S. generally accepted…

Thursday Mar 21, 2024 - 11:33 am

InvestorNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR), CEO Recognized at FiNext Conference with Excellence in Finance Awards

FingerMotion (NASDAQ: FNGR), a mobile services and data company, and CEO Martin J. Shen, received recognition at the recent FiNext Conference. At the conference, which was held in Dubai on Feb. 28–29, 2024, FingerMotion and Shen both received awards. Shen was awarded the Excellence in Finance — Leaders Award, and the company was awarded the Excellence in Finance — Companies Award. The Excellence in Finance…

Wednesday Feb 21, 2024 - 10:35 am

InvestorNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Reports on Actions, Approvals of Annual Shareholder Meeting

FingerMotion (NASDAQ: FNGR), a mobile services and data company, is reporting on the results of its recent annual meeting of shareholders. According to the report, the meeting was held on Feb. 17. During the meeting, shareholders voted on several issues, including the election of Martin J. Shen, Hsien Loong Wong, Yew Poh Leong, Michael Chan and Eng Ho Ng as members of the company’s board…

Thursday Feb 15, 2024 - 1:43 pm

InvestorNewsBreaks – Datasea Inc. (NASDAQ: DTSS) Collaborates to Bring Unique Platform to New Customers

Datasea (NASDAQ: DTSS) is a Nevada incorporated digital technology corporation engaged in innovative business segments for intelligent acoustics and 5G multimodal communication technology in China. The company has announced that on Feb. 2, 2024, Guozhong Times (Beijing) Technology Ltd., a subsidiary of the Chinese operating company contractually controlled by Datasea, has entered into a cooperation agreement with Hangzhou Chongda Technology Co., Ltd. (“Chongda”) to increase…

Friday Jan 26, 2024 - 9:40 am

InvestorNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) to Present at Upcoming Microcap Conference

FingerMotion (NASDAQ: FNGR), a mobile services and data company, has announced that it will be participating at the Microcap Conference; the conference is scheduled for Jan. 30–Feb. 1, 2024, in Atlantic City, New Jersey. FingerMotion CEO Martin J. Shen will be presenting at the conference; his presentation is scheduled to begin at 12:30 p.m. ET on Jan. 31. In addition, members of the FingerMotion management team…

Wednesday Jan 24, 2024 - 11:29 am

InvestorNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Announces Preliminary Approval of Dividend Warrant

FingerMotion (NASDAQ: FNGR), a mobile services and data company, announced that its board of directors has preliminarily approved a dividend in kind of warrants (each, a “dividend warrant”) to purchase shares of the company's common stock to holders of the company’s common stock. According to the announcement, the terms of the dividend warrants, as well as the record and payment dates for the dividend, will…

Monday Jan 22, 2024 - 12:12 pm

InvestorNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Releases Supplemental Quarterly Guidance

FingerMotion (NASDAQ: FNGR), a mobile services and data company, has released a supplemental corporate update that outlines revenue mix, recognition of revenue and the transition to increasing gross margins. The information was released in a shareholder letter from FingerMotion CEO Martin Shen. According to the letter, the majority of FingerMotion revenue is currently derived from its Telecommunication Products and Services division, which has consisted primarily…

Wednesday Jan 10, 2024 - 10:59 am

InvestorNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Unveils New App Connecting Car Owners with Car Services

FingerMotion (NASDAQ: FNGR), a mobile services and data company, and its subsidiary, Shanghai JuiGe Information Technology Co. Ltd., have launched a new app. Called Da Ge, the consumer application links car owners with an array of key services, including car washing, detailing and maintenance and linking users with full-service independent service stations. According to the announcement, an estimated 18,000 car-care service stations have already been…

Friday Jan 05, 2024 - 11:12 am

InvestorNewsBreaks – Linkage Global Inc. (NASDAQ: LGCB) Closes $6M IPO

Linkage Global (NASDAQ: LGCB), a cross-border e-commerce integrated service company headquartered in Japan, recently announced the closing of its initial public offering of 1,500,000 ordinary shares, each at a public offering price of $4.00, for total gross proceeds of $6,000,000. In addition, the company granted the underwriters an option, exercisable within 45 days from the closing date of the offering, to purchase up to an…

Wednesday Dec 20, 2023 - 12:02 pm

InvestorNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) ‘Just Scratching the Surface of What Is Possible’ in Big Data

FingerMotion (NASDAQ: FNGR), a mobile services and data company, today provided an update on its big data subsidiary branded Sapientus. Among the highlights, the company reported on the positive positioning of big data models and Sapientus’ expectations to engage more partners for commercial applications and expanded use cases. With proprietary analytic models collaboratively tested and validated with empirical insurance data, the past year has been…

Friday Oct 20, 2023 - 11:39 am

InvestorNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Announces Filing of Federal Lawsuit Against Research Firm

FingerMotion (NASDAQ: FNGR), a mobile services and data company, has filed a federal lawsuit against Capybara Research; the lawsuit alleges that Capybara maliciously published a defamatory article in a premediated attempt to move the public market for FingerMotion's stock lower to benefit from its previously announced short position. FingerMotion filed the complaint in the United States District Court for the Southern District of New York.…

Monday Oct 16, 2023 - 1:04 pm

InvestorNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Announces Q2 2024 Results

FingerMotion (NASDAQ: FNGR), a mobile services and data company, today released its financial results for the second quarter of fiscal 2024 for the period ended Aug. 31, 2023. Among the highlights, the company reported quarterly revenue of $9.28 million (includes SMS & MMS, telecommunications products and services businesses, and big data), reflecting an increase of $4.30 million or 86% compared to Q2 of fiscal 2023.…

Wednesday Oct 04, 2023 - 1:24 pm

InvestorNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Issues Response to Short Seller Report

FingerMotion (NASDAQ: FNGR), a mobile services and data company, is responding to the Oct. 3, 2023, short seller report issued by Capybara Research, a short-selling research firm. According to the statement, FingerMotion management reviewed the report and believe that the report contains errors, unsupported speculations and inaccurate interpretations of events; management and the company’s board of directors are planning further review and examination of allegations…

Friday Jul 14, 2023 - 11:07 am

InvestorNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Releases Financial Report for Q1 2024

FingerMotion (NASDAQ: FNGR), a mobile services and data company, is reporting its financial results for the first quarter ended May 31, 2023. Highlights of the report include record quarterly revenue of $12.17 million, representing a 15% increase over Q1 2023; a quarterly increase in Telecommunications Products & Services business revenue of $10.5 million or 692% compared to Q1 2023; and quarterly Big Data revenue of…

Monday Jun 05, 2023 - 1:00 pm

InvestorNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) to Present at LD Micro Invitational XIII

FingerMotion (NASDAQ: FNGR), a big data company with revenue streams from mobile recharge, SMS and Insuretec services, today announced that its Chief Executive Officer Martin J. Shen will present at the 13th Annual LD Micro Invitational (LD Micro Invitational XIII Conference). The event is slated to take place at the Luxe Sunset Boulevard Hotel in Los Angeles, California, on June 6-8, 2023. Shen’s presentation is…

Monday May 15, 2023 - 12:57 pm

InvestorNewsBreaks – VCI Global Limited (NASDAQ: VCIG), HFA Collaborate to Bring Global Liquidity, Cross-Border Price Discovery to Clients

VCI Global (NASDAQ: VCIG) today announced its entry into a partnership agreement with Horizon Fintex Advisors Ltd. (“HFA”), a registered sponsor advisor to Upstream, a MERJ Exchange securities market. According to the announcement, the HFA partnership works to add immense value to VCI Global’s expanding business advisory practice by offering VCI clients a streamlined path to dual list on Upstream’s next generation market and reach…

Friday May 12, 2023 - 12:24 pm

InvestorNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Announces Strategic Cooperation Agreement with Migu Video

FingerMotion (NASDAQ: FNGR), a big data company with revenue streams from mobile recharge, SMS, and Insuretec services, today announced its entry into a cooperation agreement between Migu Video Technology Co. Ltd. (“Migu Video”) and FingerMotion’s contractually controlled subsidiary, Shanghai JiuGe Information Technology Co. Ltd. The agreement seeks to start in-depth collaboration on overseas hardware and terminal business. Migu Video is a wholly owned subsidiary of…

Wednesday Apr 12, 2023 - 12:19 pm

InvestorNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Retires All Outstanding Institutional Convertible Debt

FingerMotion (NASDAQ: FNGR), a mobile data and services company, today announced that it has recently eliminated its remaining convertible debt with the company’s primary lender, Lind Global Fund II LP. This is a result of conversions by Lind Global and payments by the company, which in aggregate totaled over $5 million. “We have retired all of our outstanding institutional convertible debt, strengthening our balance sheet…

Monday Apr 03, 2023 - 12:46 pm

InvestorNewsBreaks – Hongli Group Inc. (NASDAQ: HLP) Secures US$8.25M in Initial Public Offering

Hongli Group (NASDAQ: HLP) has closed its initial public offering of 2,062,500 ordinary shares, each at a public offering price of $4.00, for total gross proceeds of $8.25 million before deducting underwriting discounts and offering expenses. The offering was conducted on a firm commitment basis. In addition, Hongli Group granted the underwriters an option, exercisable within 45 days from the effective date of the company’s…

Tuesday Feb 21, 2023 - 12:20 pm

InvestorNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Announces Results of Annual Meeting of Stockholders

FingerMotion (NASDAQ: FNGR), a mobile data and services company, today announced the outcome of matters voted on at its recent annual meeting of stockholders, which took place on Feb. 17, 2023. Among the highlights, Hsien Loong Wong, Yew Poh Leong, Michael Chan and Eng Ho Ng were elected to the company’s board of directors, Centurion ZD CPA & Co. was appointed as FNGR’s independent registered…

Wednesday Jan 18, 2023 - 10:02 am

InvestorNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Announces Q3 2023 Financial Results

FingerMotion (NASDAQ: FNGR), a mobile services and data company, has announced its financial results for the third quarter ended Nov. 30, 2022. Among the highlights, the company reported record quarterly revenue of $11.40 million and a quarterly increase in revenues of 93% compared to Q3 2022. “The Chinese ‘lockdowns’ are over now, but during the quarter they still had an impact on the company's revenue…

Tuesday Dec 27, 2022 - 12:34 pm

InvestorNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Looks for Strong Numbers in Upcoming Quarter

FingerMotion (NASDAQ: FNGR), a mobile data and services company, is anticipating more than $10 million in quarter revenues for the period ended Nov. 30, 2022. The company announced that, based on expected revenue growth in its core businesses, the company also projects that 2022 annual revenue will exceed last year’s total. The company explained the projections by noting that, during the past six months, FingerMotion…

Friday Dec 09, 2022 - 12:57 pm

InvestorNewsBreaks – FingerMotion Inc.’s (NASDAQ: FNGR) JiuGe Technology, Munich Re Collaborate to Drive Commercial Application of Work

FingerMotion (NASDAQ: FNGR), a mobile data and services company, today announced that its subsidiary, Shanghai JiuGe Information Technology Co. Ltd. (“JiuGe Technology”) and Munich Re, a large global reinsurer, have set the stage for extension of their ongoing behavioral research and analytic studies into commercial implementation in the China market. The partner companies, through a proprietary behavior intelligence system developed by “Sapientus,” the analytic innovation…

Monday Nov 28, 2022 - 11:16 am

InvestorNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) to Participate in Upcoming One-on-One Investor Conference

FingerMotion (NASDAQ: FNGR) CEO Martin Shen is scheduled to participate in one-on-one meetings during the Benchmark Company’s 11th annual Discovery One-on-One Investor Conference. The one-day event is scheduled for Dec. 1, 2022, in New York City. During the conference, Shen will meet with potential investors as well as other interested parties. The conference offers emerging growth and dynamic publicly traded companies access to institutions and…

Monday Sep 12, 2022 - 2:19 pm

InvestorNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Eyes Opportunity Across 4 Key Areas, Untapped Market in China

FingerMotion (NASDAQ: FNGR), a leader in mobile payment and recharge platform solutions in China, has consistently reinvented itself and adjusted to changing customer preferences. “Today, its goal remains to serve over a billion users in China and expand its model to other regional markets. However, its management understands that this will only be achieved by the company adjusting and improving its operations to address the…

Wednesday Aug 31, 2022 - 1:57 pm

InvestorNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Completes Key Launch in Continued Push to Increase Gross Margins

FingerMotion (NASDAQ: FNGR) recently launched its mobile device protection product, looking to tap into an industry valued at approximately $10.6 billion annually. “While appearing in an interview with the investor media outlet, Proactive, Martin Shen, FingerMotion CEO, reckoned that this device protection program would be integral to accelerating the company’s revenue growth over the next 6-12 months…. Shen noted, ‘We have partnered with a very…

Wednesday Aug 24, 2022 - 1:53 pm

InvestorNewsBreaks – FingerMotion Inc.’s (NASDAQ: FNGR) Relationship with China’s Largest Telcos Providing ‘Strong Footing’ in Market

FingerMotion (NASDAQ: FNGR) completed the rollout of a new device protection service in July that CEO Martin Shen has described as an AppleCare-similar platform built directly into the large telco partners’ costs for users’ service plans. “Because of FingerMotion’s symbiotic approach to developing the product with the telcos and the efforts of its underwriting partner, Shen foresees the protection plan as a new revenue driver…

Friday Aug 19, 2022 - 2:55 pm

InvestorNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Customizing Globally Successful Business Models for Unique Needs of Chinese Market

FingerMotion (NASDAQ: FNGR), an evolving technology company, recently partnered to launch mobile device protection products through its subsidiary, Shanghai TengLian Jiujiu Information and Communication Technology Co. Ltd (“TengLian”). “The partnership will see the Chinese carriers [China Unicom and China Mobile] distribute the mobile device protection products as embedded, value-added features bundled with existing voice, device and data subscription plans. Underwritten by a NYSE-listed Fortune 500…

Thursday Aug 11, 2022 - 9:36 am

InvestorNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Closes on $4M Funding Agreement

FingerMotion (NASDAQ: FNGR), a mobile data, services, and big data analytics company, announced that it has received $4 million in gross proceeds through a funding agreement with Lind Global Fund II, LP, which is an investment fund managed by New York-based institutional fund manager The Lind Partners. According to the announcement, the funds will provide transformational growth capital to scale Fingermotion’s business segments. The company…

Wednesday Aug 10, 2022 - 3:13 pm

InvestorNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Leveraging First-Mover Advantage, Relationships for Strong Footing in Chinese Market

FingerMotion (NASDAQ: FNGR) is positioned for opportunity with a first-mover status in payments processing and consumer data analysis in China. “The company’s big data product, known as Sapientus, has thus far focused on providing predictive services for the reinsurance market as insurance companies seek to establish a system for risk assessment in the country, and FingerMotion expects it to become a big revenue driver within…

Friday Aug 05, 2022 - 1:22 pm

InvestorNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Continues Strides to Push Gross Margins by Optimizing Product Offerings

FingerMotion (NASDAQ: FNGR) reported a 37% year-over-year growth in revenue for the financial year ended Feb. 28, 2022 (“FY2022”). “One of our key initiatives is to keep pushing gross margins higher, and we have been quite successful by optimizing our product offerings,” a recent article quotes CEO Martin Shen’s comments from the release of the FY2022 results. Regarding the results, Shen is quoted saying, “We…

Monday Jul 25, 2022 - 1:35 pm

InvestorNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Leveraging Sapientus Division to Expand into Big Data Services

FingerMotion (NASDAQ: FNGR) is building a deeper channel for revenue in its services for China’s mobile phone users and big data clients. “FingerMotion’s central competencies are in mobile payment and mobile recharge platform solutions, but the company has been expanding into big data services through its Sapientus division. The data services have primarily been marketed as a tool for reinsurance companies as they look for…

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