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Accelerating Connectivity in the Asia-Pacific: ADC Submarine Cable Empowers the Digital Future

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HONG KONG, March 29, 2025 /PRNewswire/ — On March 24, the launch ceremony of ADC Submarine Cable’s commissioning was successfully held at the Everbright Centre in Hong Kong. The event brought together over a hundred distinguished guests, including prominent figures from the political and business sectors, industry experts, and representatives from leading media organizations.

The ADC Submarine Cable project is jointly constructed by China Telecom, China Unicom, Singapore Telecom, Japan’s SoftBank, TATA Communications, Vietnam’s VIETTEL, Thailand’s NT, and the Philippines’ PLDT. As the only international submarine cable initiative launched in the Asia-Pacific region over the past nine years, it boasts the highest system transmission capacity and the largest number of fiber pairs in the region. Spanning 9,988 kilometers, the ADC Submarine Cable links mainland China, Hong Kong, Japan, Singapore, and multiple other countries and regions across the Asia-Pacific. Designed with an open cable architecture and cutting-edge high-capacity optical transmission technology, it features a per-fiber pair design capacity exceeding 20 Tb/s, with a total system capacity surpassing 160 Tb/s. By offering diverse routing options, the ADC Submarine Cable significantly strengthens network resilience and stability across the Asia-Pacific, reinforcing the region’s digital infrastructure.

At the event, Prof. Sun Dong, Secretary for Innovation, Technology and Industry, the Government of HKSAR, emphasized that as a key gateway for the country’s opening-up, Hong Kong will fully harness its unique advantages under the “one country, two systems” framework. Leveraging its strategic roles as a “super connector” and “super value-adder,” Hong Kong aims to facilitate the global expansion of mainland enterprises while attracting international businesses. The Hong Kong SAR Government remains committed to enhancing the innovation and technology ecosystem through institutional innovation, policy coordination, and international collaboration. He encouraged industry leaders, including China Telecom, to embrace national and SAR government initiatives, capitalize on the opportunities presented by the digital economy, and intensify R&D efforts to drive breakthroughs in artificial intelligence, big data, and other frontier technologies. At the same time, he expressed confidence that more enterprises would actively contribute to Hong Kong’s innovation and technology landscape, fostering an open and inclusive ecosystem and reinforcing the city’s position as a globally influential hub for technological advancement.

Ms. Liu Ying, Executive Vice President of China Telecommunications Corporation Ltd. (hereinafter referred to as “China Telecom”), indicated that the official launch of the ADC Submarine Cable marks a significant milestone in international cooperation. This achievement not only reaffirms China Telecom’s long-standing commitment to its global expansion strategy, cloud-network integration, and digital transformation but also ushers in a new era of collaboration with global partners to drive technological progress and shared prosperity. She also highlighted that China Telecom’s international business will continue to leverage Hong Kong as a strategic hub, dedicated to fostering a more open and collaborative ecosystem, advancing digital technology innovation, and accelerating the growth of the digital economy. The company remains committed to delivering more efficient, secure, and intelligent communication services to global users while working with industry partners to build a dynamic, inclusive, and mutually beneficial digital landscape.

As one of the organizers of the ADC Submarine Cable project, Mr. Yin Jin, CEO of China Telecom Global introduced that the ADC Submarine Cable will add over 50 Tb/s of bandwidth capacity to the Asia-Pacific region, supporting the exponential growth in data demand driven by artificial intelligence, the Internet of Things, and cloud computing. By offering a high-speed and resilient submarine communication network, the project not only enhances international telecommunications cooperation but also plays a vital role in fostering the high-quality development of the digital economy. In alignment with Hong Kong’s vision of becoming an International Innovation and Technology Hub, China Telecom Global is accelerating the development of major infrastructure projects, including the Tseung Kwan O Data Center, the Chung Hom Kok Cable Landing Station, and the New Eurasia and New Asia-Pacific submarine cables. The company is also strengthening its R&D capabilities through the establishment of AI and cybersecurity innovation centers, reinforcing its long-term commitment to driving technological progress and contributing to Hong Kong’s continued prosperity.

As the backbone of the global internet, submarine cables serve as a vital lifeline for international data transmission. In the future, China Telecom will collaborate with major global operators to continuously promote more submarine cable construction projects, further reinforcing the infrastructure that underpins 5G, AI, and digital technologies. By enhancing global connectivity, the company aims to accelerate the digital transformation landscape and contribute to the high-quality advancement of the digital economy.

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SOURCE China Telecom Global

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Arab Jordan Investment Bank (AJIB) Wins Global Finance’s “Best Investment Bank” and “Best Sub-Custodian Bank” Awards in Jordan for 2026

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AMMAN, Jordan, Oct. 20, 2026 /PRNewswire/ — Arab Jordan Investment Bank (AJIB) has been recognized by Global Finance Magazine with two prestigious awards for 2026: Best Investment Bank in Jordan and Best Sub-Custodian Bank in Jordan, underscoring the Bank’s leadership across investment banking and securities services and reaffirming its commitment to innovation, client-centricity, and delivering world-class financial solutions.

The awards reflect AJIB’s strong performance and growing leadership across investment banking and securities services, reaffirming its ability to provide comprehensive solutions that meet the evolving needs of corporate, institutional, and individual clients. For more than four decades, AJIB as Jordan’s first investment bank, has played a pioneering part in the development of the Kingdom’s financial sector and capital, consistently evolving its capabilities to meet changing market demands. The recognition also highlights the Bank’s ongoing efforts to enhance its product offerings, strengthen operational capabilities, and deliver exceptional customer experience.

Commenting on the achievement, Mr. Hani Al-Qadi, Chairman of the Board of Directors, said: “We are proud to receive Global Finance’s Best Investment Bank and Best Sub-Custodian Bank awards for Jordan. These recognitions reflect the strength of our strategy, the dedication of our team, and the trust placed in us by our clients. As an institution with a longstanding legacy in Jordan’s financial sector, we remain committed to innovation, excellence, and creating sustainable value for our clients, shareholders, and the broader economy.”

AJIB continues to strengthen its position in investment banking through a comprehensive suite of corporate finance advisory, debt and equity capital raising, structured finance, mergers and acquisitions advisory, and tailored investment solutions to support clients’ strategic ambitions and growth objectives. At the same time, the Bank continues to enhance its custody and securities services, providing institutional investors with secure, efficient, and reliable access to Amman Stock Exchange through robust operational and technological infrastructure and best-practice governance and risk management frameworks.

About AJIB:

Founded in 1978 as the first investment bank in the Hashemite Kingdom of Jordan, Arab Jordan Investment Bank (AJIB) has evolved into one of the country’s leading financial institutions, providing a comprehensive range of corporate, commercial, investment, and private banking services. Through its presence in Jordan, Cyprus, Qatar, and the United Kingdom, AJIB serves individuals, corporations, and institutional clients with innovative financial solutions tailored to meet their evolving needs. The Bank also strengthens its market offering through United Arab Jordan Company for Investment & Financial Brokerage and Al Kawthar Leasing Company, reinforcing its position as a diversified financial services group committed to excellence, innovation, and sustainable growth.

 

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AliExpress and YouTube Announce Global Strategic Affiliate Partnership

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HANGZHOU, CHINA, Oct. 20, 2026 /PRNewswire/ — AliExpress, the leading global e-commerce marketplace, today announces a global strategic affiliate partnership with YouTube. The partnership brings AliExpress’s global product selection into YouTube’s creator ecosystem, giving eligible creators access to a wide range of products to feature in their content, along with new commission-earning opportunities.

Following the launch of the collaboration in South Korea in March 2026, the partnership will expand to four markets: the United States, Brazil, the United Kingdom and Germany. Further expansion will take place in phases, in line with the rollout of YouTube’s affiliate program in new markets.

With YouTube’s recent extension of its Shopping Affiliate Program to eligible creators in Germany and the United Kingdom, the partnership will connect participating creators not only in Europe but also eventually in more parts of the world with AliExpress’s extensive product offerings. A particular focus is Brand+ — a dedicated selection of branded products from international and local brands.

Creators will be able to discover and select AliExpress products directly within YouTube Studio. The integration connects AliExpress products with YouTube’s three major content formats—long-form videos, Shorts, and livestreams—allowing creators to tag shoppable product recommendations across key moments of audience discovery and engagement.

A creator could, for example, tag a consumer electronics product in an unboxing Short or during a face-to-face livestream conversation with viewers. This gives them more ways to monetize their recommendations on qualifying sales, and allows viewers to conveniently purchase as they watch.

Creators can explore AliExpress’s products across categories such as consumer electronics, sports and outdoor, home and living, and lifestyle. Using data on bestselling and trending products, they can handpick items that resonate with their audiences. Viewers can link directly from YouTube to AliExpress to complete their purchases, bridging content and commerce seamlessly.

As content plays a growing role in product discovery, creators increasingly help audiences understand products through demonstrations, reviews and real-life use cases. The partnership advances AliExpress’s creator commerce strategy by pairing the breadth of its marketplace with the local insight and creative voices of creators in each market.

“Content and commerce are converging globally, and this partnership connects AliExpress’s affiliate ecosystem with YouTube’s creator ecosystem,” said Eric Zhang, Vice President of AliExpress. “By enabling eligible products to be discovered and tagged across videos, Shorts, and livestreams, we are creating a simpler path for products to be featured through creator content at scale—and a more direct journey for consumers from product discovery to purchase.”

Eligible YouTube creators in participating markets who meet YouTube’s channel and Shopping affiliate requirements can apply through YouTube Studio.

About AliExpress

Launched in 2010, AliExpress is a global e-commerce platform dedicated to creating a better shopping experience for hundreds of millions of consumers in more than 200 countries and regions. In addition to the English version, the AliExpress platform is available in 15 other languages. AliExpress offers a wide range of diverse shopping collections, including Brand+, which connects global consumers with modern tech, feature-rich products, and fair pricing. AliExpress is part of Alibaba International Digital Commerce Group.

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SOURCE AliExpress

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Dott announces choice of home member state in relation to its bonds admitted to trading on Nasdaq Stockholm

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AMSTERDAM, Oct. 20, 2026 /PRNewswire/ — Tier Mobility SE (“Dott”, or the “Company”), a European stock corporation (Societas Europaea) incorporated under the laws of the Federal Republic of Germany and registered in the commercial registry of the local court (De. Amtsgericht) of Berlin-Charlottenburg under registration number HRB 236551 B, hereby announces that as of 20 October 2026, the Company has chosen Sweden as its home Member State pursuant to the Directive 2004/109/EC of the European Parliament and of the Council of 15 December 2004 on the harmonization of transparency requirements in relation to information about issuers whose securities are admitted to trading on a regulated market and the Swedish Securities Market Act (2007:528) in relation to information about issuers whose securities are admitted to trading on a regulated market.

This information is information that Tier Mobility SE is obliged to make public pursuant to the EU Market Abuse Regulation.

investor-relations@ridedott.com

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SOURCE Dott

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