Share price movement in B2B media companies involved in Asia
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Read MoreHong Kong, 26th June: Last week, the Hong Kong Exhibition and Convention Industry Association (HKECIA) released the results of its annual exhibition survey. A total of 135 exhibitions with a gross size over 2,000 m2 were held during 2017. Among them, 87 were classified as “trade” and “trade and consumer” exhibitions. The remaining 48 exhibitions were purely “consumer” exhibitions, which were not included in the survey.
Hong Kong, 19th June: UBM Asia’s June Hong Kong Jewellery & Gem Fair (June Fair) opened on 21st June at the Hong Kong Convention and Exhibition Centre (HKCEC) and it featured 1,998 exhibitors from 38 countries and regions.
Read MoreGuangzhou, 27th June: The 25th South China International Exhibition on Printing Industry (Printing South China 2018) and the China International Exhibition on Label Printing Technology (Sino-Label 2018) were held at the China Import and Export Fair Complex in Guangzhou. The events attracted 76,228 visitors from over 100 countries, including 10,516 from overseas.
Read MoreChina, 14th June: Earlier this month, GL events announced that the company had signed a memorandum of understanding to acquire a majority stake in ZhongZhiXing Group (ZZX), a company specialised in “event engineering and logistics” as well as event services. ZZX also offers digital solutions its clients.
Hong Kong, 22nd June: Last week, Hong Kong-listed Pico Far East Holdings announced its interim results for the six months ended 30th April 2018. Revenues were US$292 million – representing year-on-year growth of 34%. Profit in the first half increased slightly, by 3.4%, reaching US$16 million. Diluted earnings per share in the six-month period were HK$0.1037 (US$0.013).
Read MoreMelbourne, 22nd June: The Melbourne Convention and Exhibition Centre (MCEC) has appointed Carolyn Johnson as its Director of Marketing and Communications, effective from 9th July 2018.
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Read MoreShanghai, 14th June: Last week, UBM Sinoexpo, subsidiary of UBM plc, announced that the company acquired 70% interest in the Shanghai International Franchise Exhibition (SFE). No financial details of the acquisition were disclosed.
Organised by Shanghai Exhibition-Conference Limited (SEC), SFE was launched in 2005. It is held twice a year – a spring and an autumn edition. The exhibition is reportedly one of the largest franchising events in China. Exhibitors are mainly from the food, beverage and retail sectors. At the spring 2018 edition, the exhibition attracted 221 exhibitors with over 450 brands and more than 50,000 visitors.
London, 18th June: On 18th June, Informa plc, a London-listed media group with interests in international exhibitions, events, business intelligence and academic publishing group, announced that the company completed the deal to acquire UBM plc.
Today, Informa employs more than 11,000 people worldwide. The company owns and operates more than 500 exhibitions brands covering 15 industries. Informa also owns a complementary portfolio of confex/conference brands, a range of specialist information and market intelligence brands and maintains strong capabilities in B2B consulting and marketing services.
Kuala Lumpur, 18th June: Earlier this week, China’s largest e-commerce company, Alibaba Group, officially opened its first national office in Malaysia. Located in Kuala Lumpur, according to the company, the new national office will deepen the Alibaba Group’s strategic cooperation with Malaysia. The new office will serve as a ‘one-stop solution centre’ for local businesses, and help Malaysian businesses identify global cross-border trade opportunities, as well as to support the country’s technology innovation through cloud computing services.
During the opening ceremony, Alibaba announced the launch of a new campaign, “Malaysia Week”, which will run from 6th to 12th July 2018. The new campaign is an online initiative designed to promote Malaysian products to Chinese consumers.
Worldwide, 14th June: Last week, Clarion, one of the world’s leading event organisers, announced a new strategic global partnership with VDE Association, a leading technical association based in Germany. The two organisations will come together to organise energy events.
Under the terms of the partnership, Clarion and VDE will work together to organise a series of Utility Week events in Africa, Asia-Pacific and Europe. A key focus of the cooperation is to support small- and medium-sized utilities and new start-up companies. The event will feature mentorship opportunities, matchmaking platforms in addition to the core content.
Shanghai, 6th June: FIBO China, a fitness event based in Shanghai, will be held in a new location. The next edition of FIBO China will be held at the National Exhibition & Convention Center (NECC) running from 16th to 18th August 2018.
Occupying an exhibition area of 40,000 m2, FIBO China is expected to feature 350 exhibitors and more than 25,000 visitors. Jointly organised by Reed Exhibitions and Reed Sinopharm Exhibitions, the event will showcase products such as multifunctional sports flooring, access control systems, energy saving solutions, shower systems and air purification systems.
Chengdu, 13th June: Travel Trade Market (TTM), a travel show, has entered into a cooperation agreement with the China Outbound Tourism Research Institute (COTRI), a leading independent research institute. COTRI offers consulting and research services focused on the Chinese outbound tourism market.
Organised by Europe Asia Global Link Exhibitions (EAGLE), a joint venture between Italian Exhibition Group (IEG) and VNU Exhibitions Asia, TTM will be held from 5th to 7th September 2018 at Western China International Expo City in Chengdu. Under the terms of the agreement, COTRI will organise events during TTM with the aim of promoting European destinations to second tier cities in China.
Figure 1: BSG B2B Media Index vs. All Tracked B2B Stocks (price movement over past 12 months)
Figure 2: BSG B2B Media Index vs. All Tracked B2B Stocks (price movement since January 2018)
Paris/Worldwide, 7th June: The third edition of Global Exhibition Day (GED) was held on 6th June 2018. GED aims to highlight the industry’s role as a driver of economic growth. According to UFI, the Global Association of the Exhibition Industry, GED 2018 will be the most important day of advocacy for the exhibition world.
This year’s GED focused on two key objectives: to advocate industry issues with politicians and stakeholders and to find new ways to connect with young people in order to attract the right talent to the exhibition industry. Activities were held in 85 countries and regions on 6th June. A total of 41 GED partner associations united behind this joint advocacy campaign. On Twitter, more than four million Twitter accounts were reached using the #GED18 hashtag.
Bangkok, 6th June: The 15th edition of THAIFEX-World of Food Asia concluded earlier this month, attracting a record of over 62,000 trade visitors, an increase of nearly 13% compared with the previous edition in 2017.
Running from 29th May to 2nd June, at IMPACT Exhibition and Convention Center, the five-day show occupied an exhibition area of 107,000 m2, featuring 2,537 exhibitors, a 17% increase year-on-year. Of the visitors, a total of 13,110 were international trade visitors from over 150 countries, representing a year-on-year growth of 9.4%.
Hyderabad, 8th June: UBM India opened its Hyderabad Jewellery, Pearl and Gem Fair 2018 on 8th June at the Hyderabad International Convention Centre. The three-day show concluded on 10th June.
More than 200 exhibitors attended the show, including jewellery brands, wholesalers, retailers, importers and exporters, jewellery manufacturers, machinery manufacturers, diamond, gemstone, pearl suppliers and traders, precious metal and jewellery traders.
Beijing, 5th June: Jointly organised by Messe Frankfurt (Shanghai) and Beijing B&A Tiger Exhibition Company, the event, ISH China & CIHE – China International Trade Fair for Heating, Ventilation, Air-Conditioning, Sanitation & Home Comfort System was held from 22nd to 24th May 2018. It attracted a total of 70,202 visitors, a 14% increase over last year.
The three-day show was held at the New China International Exhibition Center (NCIEC) in Beijing, showcasing 1,300 exhibitors. According to the organisers, a significant number of exhibitors expanded their booth size this year. Overall, the space sold grew by 8.6%, occupying 116,000 m2.
Bangkok, 2nd June: The inaugural edition of SILMO Bangkok, an optical and eyewear exhibition targeting the ASEAN region, will be held at IMPACT Exhibition & Convention Center running from 20th to 22nd June 2018.
SILMO Bangkok will be organised by IMPACT Exhibition Management Company and it is expected that approximately 250 brands to be showcased at the show. Organiser is also expecting more than 4,000 trade visitors during the three-day event. The theme of the exhibition will be “Business Meets Fashion”. The show will feature new collections and the latest optical technologies and solutions for the industry in ASEAN region.
Business Strategies Group is the only market intelligence & strategy consulting firm in Asia with a special focus on business media, information and events. Our services include research, market intelligence, mergers and acquisition support and strategy development.
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