SEEC Media revenues fall 56% in first half

Hong Kong, 30th August: SEEC Media Group, a Hong Kong-listed media company, recently announced its financial results for the first half of 2019. Revenues in the six-month period were just US$4.6 million, a decline of 56% year-on-year. However, the company managed to reduce its overall loss from the US$12.5 million recorded in the first half of 2018 down to US$6.5 million in the first half of this year.

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830 exhibitors at HKTDC’s watch & clock fair

Hong Kong, 3rd September: Organised by the Hong Kong Trade Development Council (HKTDC), the Hong Kong Watch Manufacturers Association and The Federation of Hong Kong Watch Trades and Industries, Hong Kong Watch & Clock Fair featured some 830 exhibitors from 22 countries. The event was held at the Hong Kong Convention and Exhibition Centre (HKCEC) from 3rd to 7th September.

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Exhibition space sold at Asian trade fairs increases of 4.8% in 2018

Paris/Hong Kong, 27th August: UFI, the Global Association of the Exhibition Industry, released the 15th edition of its annual report, the Trade Fair Industry in Asia. As usual, the report covers 17 markets including Greater China and Southeast Asian markets, Australia, Cambodia, Japan, Korea, India, Myanmar and Pakistan. The report provides detailed data and analysis on the development of trade fairs and supporting facilities in these markets up to 31st December 2018. The report also features additional statistics and commentary on likely trends for the coming year.

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Baidu’s revenues up, profit down in Q2

Beijing, 19th August: Earlier this week, Baidu, the leading Chinese language Internet search provider, released its financial results for the quarter ended 30th June 2019. Revenues in the quarter were US$3.8 billion, a moderate increase of 1.4% year-on-year. However, excluding revenues from its divested businesses, Global DU and Du Xiaoman, the revenue increase was 6.0%. Net income in the quarter dropped 62% compared with the second quarter of 2018, down to US$351 million.

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