Technology

CICC Successfully Hosts the “New Connections, Infinite Possibilities Wealth Management ’50 Series’ Renewal Launch” Event in Hong Kong

Published

2 years ago

October 22, 2024

BEIJING, Oct. 22, 2024 /PRNewswire/ — China International Capital Corporation Limited (CICC) successfully hosted the “New Connections, Infinite Possibilities Wealth Management ’50 Series’ Renewal Launch” Event at the HKEX Connect Hall on October 22, 2024. This event focused on key topics such as the achievements of a decade of connectivity between the Chinese mainland and Hong Kong capital markets, global capital market dynamics, and the development of a comprehensive wealth management ecosystem.

A New Decade, A New Chapter of Connectivity

In the opening remarks, Wang Jianli, Member of the CICC Management Committee and President of CICC Wealth Management, emphasized that the 10th anniversary of the capital market interconnection mechanism between the Chinese mainland and the Hong Kong Special Administrative Region has marked a significant milestone, showcasing substantial achievements and a wealth of positive outcomes. Over the past decade, through continuous exploration and innovation, the scope of investments under this mechanism has expanded. The variety of investment products has enriched, and the two-way capital flow has significantly increased, laying a solid foundation for the integration and development of both markets. This mechanism has been an active practice of high-level financial opening-up through institutional opening-up.

“The integration and mutual promotion of the two markets have created broad business opportunities for the wealth management industry and have also set higher requirements for capability building.” Wang said that as a long-time supporter and participant in this mechanism, CICC hopes to collaborate with all parties to contribute wisdom and strength in promoting China’s high-level financial opening-up.

The event invited Daniel Fung, Vice Chairman of the Financial Services Development Council, Senior Counsel, and Wilfred Yiu, Deputy Chief Executive Officer at HKEX, as keynote speakers. They highlighted Hong Kong’s pivotal role as a “super-connector” and “super value-adder” between East and West, linking the Chinese mainland to the global markets, as well as how the deepening and expansion of the interconnection mechanism have driven the high-quality development of the two markets.

The China Story: New Narrative and Broader Reach

As recent policy support intensifies, the business environment consistently improves, economic resilience strengthens, and investment enthusiasm and confidence surges. Chinese assets are back in the spotlight, and the global market is eager to understand China and gain insights from professionals in China.

Dr. Zhao Yang, Managing Director of CICC Global Institute, provided insights into the current global macroeconomic landscape at the event. He comprehensively analyzed of major economies’ economic growth, industrial structures, and fiscal and monetary policies, while presenting a strategic framework for understanding current asset allocation opportunities and future development prospects. Other speakers shared key client concerns and offered innovative asset allocation strategies grounded in CICC’s extensive practical experience in wealth management.

New Paradigm and New Framework for Wealth Management Ecosystem

At the event, CICC unveiled two new service frameworks: the “China Top 50 Internationalization” and the “Global Top 50”, which build on the existing strengths of the “50 Series” within CICC Wealth Management’s buy-side advisory system and aim to serve as a clear example of wealth management that embraces both “bringing in” and “going out.”

Diao Zhihai, Head of International Business of CICC Wealth Management, highlighted in his speech that as a pioneering Chinese wealth management institution expanding overseas, aligning with national development goals and embracing a sense of mission and responsibility is crucial. On the one hand, financial institutions should act as a bridge, effectively connecting the Chinese mainland with key global capital markets and showcasing long-term investment opportunities in China’s capital markets to attract international attention. On the other hand, they should serve as a link, helping Chinese enterprises tap into global resources and support the real economy. He said, “We are dedicated to helping clients preserve and grow their wealth across generations and collaborating with industries to create a broad, circular, and sustainable wealth management ecosystem for society”.

CICC Wealth Management has extensive business coverage and large-scale operations, supported by a comprehensive research network and high-quality product solutions. CICC International Wealth Management is the international platform for CICC’s wealth management business. Since its establishment in 2008, it has adhered to the philosophy of “Chinese Roots and an International Reach” building a dual-core business with bases in Hong Kong SAR and Singapore and a global outlook. CICC will continue to deepen cross-sector collaborations, provide excellent financial product services and remain committed to excellence, consistently creating value for clients and industries, and building a sustainable wealth management ecosystem for society.

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SOURCE China International Capital Corporation Limited

Technology

Function Now Connects to Meta’s Muse, Allowing Members to Bring Their Personal Health Data to the New AI Agent

Published

46 minutes ago

September 9, 2026

Members can securely bring their Function health data into Muse to better understand their health and personalize their AI experience.

AUSTIN, Texas, Sept. 8, 2026 /PRNewswire/ — Function today announced that members can securely connect their Function health data to Muse, Meta’s new personal AI agent. Muse joins ChatGPT, Claude, and Perplexity in Function’s growing network of AI connectors, giving members the ability to bring their personal health data into the AI experiences they choose to use.

Muse can use a member’s Function insights as personal context to help them understand their health, build and adapt plans around their goals, track progress, and follow through over time, while members remain in control of their data.

“Your AI should know your biology,” said Jonathan Swerdlin, CEO and Co-founder of Function. “By connecting Function health data to Muse, people can bring a living picture of their health into the AI platforms they use every day. We are entering a world where people understand their bodies in far greater detail and increasingly rely on AI to make decisions. Bringing those together makes AI dramatically more useful.”

How it works

Members authorize the connection from inside Meta, through the same account controls they already use to manage their account data. Once connected, Muse draws on their lab results and clinician-reviewed summaries to inform the goals and tasks a member brings to it.

Ask Muse how a lab result compares to a member’s optimal range before deciding whether to act on itHave Muse build or adjust a plan toward a health goal, using a member’s own Function insights as contextLet Muse flag when it’s time to schedule a member’s next Function lab visit, and follow up until it’s on the calendar

The Function health connector will roll out in the coming weeks. To learn more about Function or become a member, visit www.functionhealth.com.

About Function

Function is on a mission to enable everyone to live 100 healthy years. A groundbreaker in its category, Function has changed the game by making lab testing, MRI and CT, and longitudinal health data accessible, understandable, and actionable—serving millions. Function’s Medical Intelligence Lab™ (MI Lab™) is leveraging a dedicated clinical team to develop a continuous learning system that helps its members see, understand, and act on their biology over time. Members receive access to 160+ lab tests—including biannual testing—for just $365/year, equivalent to $1 per day, covering the heart, hormones, thyroid, liver, kidneys, heavy metal exposures, nutrient levels, inflammation, potential cancer signals, and more. Each member’s results are integrated into an intelligent, personalized interface designed to support powerfully informed decision-making. Function members can also access (for an additional cost) MRI and CT that are designed to see signs of cancer and hundreds of other conditions. Function believes everyone should have the power to own their health.

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SOURCE Function Health

Technology

Teletrac Navman Appoints Ricardo Buranello as CEO

Published

46 minutes ago

September 9, 2026

Alain Samaha to Continue Serving on Board of Directors

SYDNEY, Sept. 9, 2026 /PRNewswire/ — Teletrac Navman, a leading global provider of intelligent fleet and asset management solutions, today announced that it has named current Chief Financial and Operating Officer Ricardo Buranello as Teletrac Navman’s next Chief Executive Officer, effective October 1, 2026. Mr Buranello succeeds Alain Samaha, who will continue in the CEO role through September 30, 2026, to ensure a seamless transition. Mr Samaha will remain a member of Teletrac Navman’s Board of Directors and continue supporting the Company’s long-term vision and strategic planning.

Mr Buranello is a seasoned executive with more than two decades of international experience across telematics, IoT, and high-growth technology businesses. Having served as Chief Financial and Operating Officer since joining Teletrac Navman, he brings deep financial and operational expertise, a strong strategic orientation, and an intimate knowledge of the business that make him ideally suited to lead the Company into its next chapter. Mr Buranello previously held leadership roles at Telit Cinterion, Siemens and Totvs.

“This represents an ideal time for Teletrac’s next phase of leadership, and we’re confident that Ricardo is the right person for the job,” said Jonathan Olefson, Chairman of the Board at Teletrac Navman. “Ricardo is a proven, mission-oriented leader who understands our business from the inside out. We look forward to what he and the entire team will accomplish.”

“Alain helped transform Teletrac into a global leader in telematics and fleet management solutions. We are grateful for his vision, passion, and many contributions, and look forward to working with him on the Board,” continued Olefson.

Mr Samaha stated, “Leading Teletrac has been one of the great privileges of my professional life. I am proud of what we have done together, and I am equally excited about what lies ahead for Teletrac. Ricardo is the right leader for this moment. His strategic clarity and deep understanding of our business will serve Teletrac, our customers, and our employees well into the future.”

Mr Buranello added, “I am honoured by the trust the Board has placed in me and energised by the opportunities ahead. Our customers, employees, and partners can count on the same dedication to innovation, excellence, and delivering meaningful results that has been at the core of Teletrac since the beginning.”

Under Mr Buranello’s leadership, Teletrac Navman will continue advancing its cloud-based, AI-powered connected mobility platform while building on the growth, stability, and customer focus that have long defined the Company.

About Teletrac Navman

Teletrac Navman empowers the industries that transform and sustain our futures with simple and intelligent solutions that enhance the efficiency, safety, and sustainability of their operation. As a connected mobility platform for industries that manage vehicle and equipment assets, Teletrac Navman simplifies the complex so that its customers can transform the way they work through cloud-based solutions that leverage AI to unlock the power of operational insight. The company operates globally, with offices worldwide and headquarters in Northbrook, IL. For more information visit https://www.teletracnavman.com.au/.

About Respida

Respida is a software-focused private equity firm with decades of combined investing and operating experience. The firm partners with management teams at growth-oriented software and software-enabled companies, bringing hands-on operational rigor and financial discipline to drive growth and build durable market leaders. For more information, visit https://respida.com/.

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SOURCE Teletrac Navman

Technology

Coda welcomes Bombay High Court judgment in its favor

Published

46 minutes ago

September 9, 2026

SINGAPORE, Sept. 8, 2026 /PRNewswire/ — Coda welcomed the Bombay High Court’s judgment on 2 September 2026 allowing the appeal by Coda Payments India and setting aside the orders that had kept its bank accounts and payment accounts frozen.

The judgment is a significant and positive outcome for Coda. We have been clear and consistent in our position throughout the proceedings and welcome the Court’s decision.

Coda has cooperated fully with the relevant authorities and respects the legal process. We now look forward to the judgment being implemented expeditiously and in full.

Coda remains committed to meeting all applicable legal and regulatory requirements in every market in which it operates.

The Bombay High Court’s judgment relates to the freeze on Coda Payments India’s bank accounts and payment accounts. Other related proceedings remain ongoing.

About Coda

Coda is a global leader in monetization, distribution, and commerce, trusted by the biggest names in gaming, entertainment, and technology, including Activision, Electronic Arts, Riot Games, Ubisoft, and Moonton. Founded in 2011 and headquartered in Singapore, Coda operates with 670+ employees worldwide, with core hubs in Asia and Europe. Coda combines payments, commerce, distribution, and rewards to drive global revenue growth for brands and publishers.

Coda’s products include Codapay, which provides access to 400+ payment methods across 80+ markets through a single API integration; Coda Webstore, which powers fully customized direct-to-consumer storefronts; Coda Consumer Platforms, including Codashop, Recharge.com, and Startselect.com; Coda Distribution, which extends reach through a network of commerce partners; and Giftcloud, a UK-based rewards business serving enterprise customers across Europe.

Coda is backed by Apis Partners, Insight Partners, Smash Capital, and GIC, and has been named an APAC High Growth Company (2023) by Financial Times, one of Granite Asia’s NextGenTech 30 (2024), a payments leader on Fortune’s Fintech Innovation Asia list (2024), and listed among The Straits Times Fastest Growing Fintechs (2024). For more on Coda, visit coda.co.

Press Contact
Coda:
Liz Adam
VP, Corporate Affairs
liz.adam@coda.co

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SOURCE Coda