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Financial institutions Taking Actions to Guide Capital towards Green and Low-carbon Industries in China

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GUANGZHOU, China, Aug. 29, 2024 /PRNewswire/ — China has demonstrated stepped-up efforts to ramp up green transition in all areas of economic and social development and to promote relevant financial instruments, such as green equity financing and green financial leasing, as strengthened by recently issued guidelines from the Communist Party of China Central Committee and the State Council, as reported by Xinhua News Agency. On one hand, according to The People’s Bank of China, the balance of China’s green loans in local and foreign currencies reached US$4.1 trillion (30.08 trillion yuan) at the end of 2023 and delivered a year-on-year increase of 36.5%, leading all other forms of loans. Moreover, the cumulative domestic green bonds issuance in China approached US$498 billion (3.62 trillion yuan), with the majority of raised capital supporting the green transition of energy, construction, and mining industries, based on a study from International Institute of Green Finance.

On the other hand, many financial institutions have been active in launching sustainable investment funds and 296 mutual funds focusing on sustainability and ESG managed assets over US$55.5 billion (403.7 billion yuan) as of the end of 2022, according to Asset Management Association of China. As the largest mutual fund manager, E Fund Management Co., Ltd. (“E Fund”) proactively navigated this trend by joining PRI as one of the first signatories in China and launching several ESG-related products in recent years, including E Fund Environmental Theme Flexible Allocation Hybrid Fund and E Fund Carbon Neutral 100 ETF.

Meanwhile, the guidelines also encouraged the optimization of investment mechanism and the participation of social capital in green and low-carbon projects. Against the backdrop of fund managers’ rising dedication in ESG investment strategies, leading institutions have independently constructed ESG-integrated research database and methodology.

Notably, E Fund has been enhancing its proprietary ESG rating framework to better align with A-shares market characteristics. The rating framework used a combination of quantitative and qualitative evaluation methods to evaluate portfolio companies’ ESG performance from three aspects – environmental impact, environmental management and environmental opportunities. In addition, E Fund has published climate risk management framework to effectively monitor and manage the impacts of climate change on investees and investment portfolios.

About E Fund

Established in 2001, E Fund Management Co., Ltd. (“E Fund”) is a leading comprehensive mutual fund manager in China with close to RMB 3.3 trillion (US$ 454 billion) under management. It offers investment solutions to onshore and offshore clients, helping clients achieve long-term sustainable investment performances. E Fund’s clients include both individuals and institutions, ranging from central banks, sovereign wealth funds, social security funds, pension funds, insurance and reinsurance companies, to corporates and banks. It is a pioneer and leading practitioner in responsible investments in China and is widely recognized as one of the most trusted and outstanding Chinese asset managers.

Note: As at Jun 30, 2024. AuM includes subsidiaries. 

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SOURCE E Fund Management

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The Discovery Point Difference: Choosing Center-Based VPK vs. Public School Programs

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TAMPA, Fla., June 15, 2026 /PRNewswire/ — Parents of preschoolers now have many options in early childhood education. These may include half or full day private programs like church preschool or in childcare centers. When a child turns four, there are additional options including state funded PreK or a Voluntary Preschool Program (VPK) paid for with school vouchers.

State-funded programs are traditionally housed in childcare centers, but there are an increasing number of classrooms being offered at local public schools. How do parents know which option is best for their child?

At Discovery Point, children are not simply preparing for kindergarten; they are building a strong foundation in an environment intentionally designed just for them.

What Is Florida VPK?

Florida’s Voluntary Prekindergarten (VPK) Program provides free educational opportunities for eligible four-year-olds before they enter kindergarten. The goal of VPK is to help children develop the academic, social, emotional, and physical skills needed for future school success. Families can use their Florida VPK voucher at approved childcare centers, private preschools, and certain public-school programs.

As parents compare their options, it’s important to look beyond cost and convenience to evaluate the quality of the learning environment, teacher qualifications, safety procedures, and overall educational experience.

Why Families Choose Discovery Point Centers for VPK

Discovery Point’s Proprietary curriculum and in-center design is created for preschool aged children:

Caring, nurturing teachers specifically trained in Early Childhood Education.A secure campus designed for young children, with controlled access, structured supervision, and safety procedures focused exclusively on the needs of preschoolers.A social-emotional environment where children can learn, grow, and build friendships alongside peers their own age, without exposure to the influences, behaviors, and challenges that naturally come with sharing a campus with children as old as 12 years old.Classrooms filled with developmentally appropriate materials, toys, and learning experiences designed specifically for four- and five-year-olds.Child-sized restrooms, sinks, furniture, and learning environments that promote confidence, independence, and success.Age-appropriate playgrounds designed to meet preschool developmental needs and ASTM safety standards.Regular oversight through inspections by the Florida Department of Children and Families, along with Discovery Point’s own Quality Assurance Team, ensuring high standards for health, safety, and educational excellence.A warm, family-focused environment where children are known, valued, and encouraged to grow socially, emotionally, physically, and academically.Enrichment opportunities and experiences that go beyond what many traditional school settings can offer, helping children develop confidence, creativity, and a lifelong love of learning.A proven curriculum that prepares children for kindergarten success through hands-on learning experiences that build early literacy, math, science, critical thinking, and problem-solving skills.

Elementary schools simply aren’t designed for little minds and little bodies.

Research continues to show that high-quality early childhood education can have lasting benefits for academic achievement and social-emotional development. For this reason, Discovery Point encourages families to carefully evaluate all preschool options and visit potential programs before making a decision.

For Florida VPK options with Discovery Point, visit https://www.discoverypoint.com/centers/ to find a location near you and schedule a tour. Discovery Point has been a leader in childcare and early education since 1988. 

Media Contact:
Briyanna Purifoye
bpurifoye@discoverypoint.com 

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SOURCE Discovery Point Franchising, Inc

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Whimstay Launches Same-Day Booking, Bringing Hotel-Style Spontaneity to Vacation Rentals

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Travelers can now book select vacation rentals up to four hours before check-in, closing a gap that kept the category out of reach for last-minute bookers

SAN FRANCISCO, June 15, 2026 /PRNewswire/ — Whimstay, the vacation rental platform built for last-minute travel, today announced that it now accepts same-day bookings on select properties. For participating homes, travelers can reserve a stay up to four hours before check-in, a capability long associated with hotels but rarely available in vacation rentals.

For years, the vacation rental industry stayed out of reach for same-day bookers. Long lead times, manual host approvals, and the operational complexity of turning over a home on short notice meant travelers who needed a place tonight defaulted to hotels. Whimstay’s same-day booking changes that for participating properties, giving spontaneous travelers, last-minute planners, and anyone whose plans shifted at the eleventh hour access to full homes instead of a single room.

The launch builds on Whimstay’s focus on last-minute inventory and competitive pricing. When a host opts a property into same-day booking, they are often motivated to fill an open calendar, which means travelers find space and value where they previously found neither.

Making four-hour bookings possible meant solving the trust problem that comes with speed. Whimstay built sophisticated fraud prevention into the same-day flow, screening transactions in real time so that faster bookings do not mean riskier ones for hosts or travelers.

“Same-day booking has been the standard in hotels for decades, and there was no good reason vacation rentals couldn’t offer the same thing,” said Ben Jamshahi, CEO at Whimstay. “We built the infrastructure to make it fast, safe, and reliable. Now a traveler can decide at noon and check into a full home by evening.”

Same-day booking is available now on participating Whimstay properties. To find a last-minute stay, visit whimstay.com.

About Whimstay
Whimstay is a vacation rental platform specializing in last-minute bookings and competitive pricing, connecting travelers with available homes when they need them most.

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SOURCE Whimstay

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Kelley Drye Relocates San Diego Office to Del Mar

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New Location Supports Client Engagement and the Firm’s Continued Growth in California

SAN DIEGO, June 15, 2026 /PRNewswire/ — Kelley Drye & Warren LLP has relocated its San Diego office from La Jolla to a new Del Mar location at 12481 High Bluff Drive, reinforcing the firm’s continued investment in California and enhancing its ability to serve clients across the state.

The new 5,000‑square‑foot office is designed as a flexible hub for client engagement and collaboration. It features a state‑of‑the‑art conference center to support client meetings and industry programming, along with shared amenities that encourage informal connection among teams and clients. Centrally located within San Diego’s business and legal community, the Del Mar office provides room for continued growth while strengthening the firm’s local presence.

“California is a critical market for our clients,” said Kelley Drye Managing Partner Dana Rosenfeld. “Our new office allows us to collaborate more closely with clients while supporting the integrated, statewide platform we are building across California.”

The San Diego relocation builds on Kelley Drye’s recent expansion in California, including the opening of its San Francisco office and the addition of privacy partner Kate Black in San Francisco and litigation partner Tom Rybarczyk in Los Angeles. Together, these investments strengthen the firm’s ability to serve clients seamlessly throughout the state.

Lawyers in Kelley Drye’s San Diego office advise clients nationwide on environmental, international trade, and litigation matters. The office is led by partners Rebecca Durrant, Andrew Homer, and Kristine Pirnia, who will continue to build the firm’s presence and deepen client relationships in the region.

“This move gives us a stronger platform for client meetings, industry programs, and engagement with the San Diego business community,” said partner Andrew Homer. “As the firm continues to grow in California, we remain focused on attracting top talent and delivering the high level of service and collaboration our clients expect.”

The San Diego office move follows Kelley Drye’s recent relocations in Washington, D.C., New Jersey, and Connecticut. Together, these milestones underscore the firm’s long‑term commitment to its people, clients, and communities, and its focus on providing exceptional legal counsel in fast‑evolving markets.

Kelley Drye & Warren LLP is a powerhouse law firm with more than 190 years of practice. With over 300 attorneys and professionals across nine offices, it offers tenacious courtroom advocacy, strategic problem‑solving, and savvy deal‑making across litigation, regulatory, trade, real estate, bankruptcy, and corporate matters. Kelley Drye represents a diverse client base, serving Fortune 500 companies, emerging businesses, and government entities across technology, finance, healthcare, defense, real estate, and manufacturing. Kelley Drye is committed to delivering practical advice, creative solutions, and exceptional value through enduring client relationships. For more information, visit www.kelleydrye.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/kelley-drye-relocates-san-diego-office-to-del-mar-302800434.html

SOURCE Kelley Drye & Warren LLP

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