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MULTI-AWARD-WINNING UGREEN TO LAUNCH ULTRA-COMPACT POWER BANKS FOR SINGAPORE MARKET

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Owner of 1,400 Design, Practical and Invention PatentsNext-Gen Storage and Portable Battery Charging Devices Continue Changing the Way We Interact with Tech

SINGAPORE, Aug. 23, 2024 /PRNewswire/ — UGREEN is pleased to announce the launch of its latest innovation in high capacity, fast-charging power banks. Weighing 64 to 112g less than its competitors with the same capacity, the UGREEN Nexode is “ultra-compact”. The column design streamlines the power bank’s dimensions, thereby enhancing the grip and overall handling experience. Two variations – 12000mAh 100W and 20000mAh 130W – will be available for purchase on Shopee, Lazada and TikTok Shop from 23 August 2024. Offline retailers will also carry the products at a later date

UGREEN was founded in 2012 and by 2014, had expanded into more than 100 countries.  In 2019, it won the IF Design Award[1] and Red Dot Award[2] for its innovative portable designs.  As one of the early adoptors of the advanced column design which internally stacks components to maximise space utilisation, UGREEN has been committed to crafting ultra-compact power banks since the start. With a powerful vision to remain user-centred and dedicated to innovative technology, the company has garnered more than 1,400 design and technical patents under its belt and continuously develops products to enhance lives and humanity.  In 2021, UGREEN was invested in by the investment giant, Hillhouse Capital[3], who has also funded high-quality and sustainable businesses such as Tencent, Miniso and Zoom.

A Battery Charger For the Future of Devices

With increasing reliance on electronic devices, consumers carry several electronic devices with them throughout the day, all of which require recharging at some point.  In endeavouring to stay true to their mission and make lives better, UGREEN specifically focused on developing higher capacity power banks to reduce weight and stress on users.  Often lauded as the only power bank worth having, UGREEN has delighted users since the launch of its first Nexode GaN chargers in 2021.

The dual-port output of the Nexode power bank fast charges 2 devices simultaneously, and the 2C1A interface allows users to charge of up to 3 devices at the same time. A smart TFT display gives real-time, intuitive information, and the switchable trickle mode allows users to reduce the charging current for different devices in order to safely charge low-current devices such as Bluetooth earphones and smartwatches. The power bank also comes with built-in real temperature monitoring and heat dissipation functions with a V-0 flame retardant casing that further reassures users of its overall safety.

The UGREEN Nexode 12000mAh 100W and 20000mAh 130W Power Banks retail for SGD 109.99 and SG 69.99 respectively.

More details on the UGREEN Nexode Power Banks is given in Appendix A.

To download a copy of UGREEN’s business profile, click here.

Website: www.ugreen.com
Facebook: www.facebook.com/ugreen.sg
Instagram: www.instagram.com/ugreen.sg
Tiktok: www.tiktok.com/@ugreen.sg
LinkedIn: www.linkedin.com/company/ugreen-group-limited
Official hashtags: #ugreen #ugreensingapore #ugreensg

Download high-resolution images here.

About UGreen

Established in 2012, UGREEN specialises in providing digital solutions for global consumers. During these 10 years, UGREEN has turned into an innovator by developing the independent research and development, design, manufacturing, and brand marketing capabilities. Ranging from charging devices, phone and computer accessories, to home and automobile accessories, UGREEN’s products are available in over 100 countries and regions around the world. Up to now, UGREEN has built an extensive distribution network consolidating online and offline channels and is always committed to providing innovative and valuable products and services that delight customers.  For more information, visit www.ugreen.com.

[1] https://ifdesign.com/en/ 

[2] https://www.red-dot.org/ 

[3] https://en.wikipedia.org/wiki/Hillhouse_Investment 

APPENDIX A

UGREEN NEXODE POWER BANK DETAILS

Capacity/Power/

Port

20000mAh PD 130W+2C1A

 

Battery Type

Lithium-ion Battery

 

Retail Price

SGD 109.99

 

Purchase from

 

Shopee: https://shopee.sg/product/64922680/26753872611

Lazada: https://www.lazada.sg/products/i3079209306.html?spm=a1zawe.24863640.table_online_product.67.86e24edflyvtOs

TikTok: https://shop.tiktok.com/view/product/1729701251457451613?region=SG&locale=zh-CN 

 

Features

•  High-rate 20000mAh battery with 800 life cycles to 80% capacity.  

•  130W max. total output allows you to charge your laptop, tablet, and phone simultaneously.

•  The smart TFT display allows you to view the remaining battery, real-time working current, voltage, and dynamic power of each port.

•  Supports PD, PPS, QC, AFC, FCP, SCP, and more fast charging protocols. Compatible with low-current devices like Bluetooth earbuds and watches.

•  Features multiple protections such as overcurrent, overvoltage, overcharge, overdischarge, overtemperature, and short circuit.

•  Features a V-0 flame-retardant casing and a high-quality spray painting process.

•  The battery cells have passed international safety performance certifications such as CE, FCC, UKCA, PSE, and CB, ensuring their quality and safety.

•  Includes a 140W PD3.1 charging cable and a velvet bag.

 

Specifications

•  Battery Capacity:20000mAh (5000mAh×4)  

•  Battery Rated Energy:72Wh (14.4V 5000mAh)

•  USB-C1 Input: 5V⎓3A/9V⎓3A/12V⎓3A/15V⎓3A/20V⎓3.25A  65W Max

•  USB-C1 Output: 5V⎓3A/9V⎓3A/12V⎓3A/15V⎓3A/20V⎓5A 100W Max

•  USB-C2 Output:5V⎓3A/9V⎓3A/12V⎓2.5A/15V⎓2A 30W Max

•  USB-A Output: 10V⎓2.25A/5V⎓3A/9V⎓2A/12V⎓1.5A  5.5-11V⎓3A  33W Max

•  Multi-port Output (USB-C1+USB-C2):130W Max

•  Total Output: 5V⎓6A/9V⎓3A/12V⎓3A/15V⎓3A

•  Display: TFT display

•  Charging Time:  About 2 hours (with PD 65W charger)  

•  Dimensions:54×50×130 (mm) 

 

Capacity/Power/

Port

12000mAh PD 100W+1C1A

Battery Type

Lithium-ion Battery

 

Retail Price

SGD 69.99

 

Purchase from

 

Shopee: https://shopee.sg/product/64922680/29703962623/

Lazada: https://www.lazada.sg/products/i3096785576.html?spm=a1zawe.24863640.table_online_product.70.86e24edflyvtOs

TikTok: https://shop.tiktok.com/view/product/1729701251457451613?region=SG&locale=zh-CN

 

Features

•  High-rate 12000mAh battery with 500 life cycles to 80% capacity.  

•  Supports up to 100W single-port output, providing emergency power for devices such as laptops, tablets, and smartphones.

•  Supports PD, PPS, QC, AFC, FCP, SCP, and more fast charging protocols. Compatible with low-current devices like Bluetooth earbuds and watches.

•  With a 65W USB-C input, it can be fully charged in just 40 minutes.

•  Features multiple protections such as overcurrent, overvoltage, overcharge, overdischarge, overtemperature, and short circuit.

•  Features a V-0 flame-retardant casing and a high-quality spraypainting process.

•  The battery cells have passed international safety performance certifications such as CE, FCC, UKCA, PSE, and CB, ensuring their quality and safety.

•  Includes a 140W PD3.1 charging cable and a velvet bag.

 

Specifications

•  Battery Capacity:12000mAh(3000mAh×4)          

•  Battery Rated Energy:43.2Wh (14.4V 3000mAh)

•  USB-C1 Input: 5V⎓3A/9V⎓3A/12V⎓3A/15V⎓3A/20V⎓3.25A 65W Max

•  USB-C1 Output:5V⎓3A/9V⎓3A/12V⎓3A/15V⎓3A/20V⎓5A  100W Max

•  USB-A Output: 10V⎓2.25A/5V⎓3A/9V⎓2A/12V⎓1.5A  22.5W Max

•  Total Output: 5V⎓3A

•  Display: LCD digital display

•  Charging Time: About 40 minutes (with PD 65W charger)  

•  Dimensions:45×45×115 (mm)

 

 

Details on Features

Feature

Feature

Benefit

Ultra-portable Power-column Design

Advanced column design, with internal stacking to maximize space utilization. Lightweight and compact, easily be held on the palm.
(PB721) Dimensions: L 54  ×W 51 ×H 131 (mm), Weight: 480g.
(PB724) Dimensions: L 45.5  ×W 46 ×H 115 (mm), Weight: 309g.

Easy to hold with one hand, travel-friendly
With a narrower width and smaller size, it can be easily held with one hand and placed in a carry-on suitcase or personal briefcase, reducing space occupancy. Additionally, it is lighter in weight, and carrying it in a handbag won’t add much weight burden. Carrying a high-power and high-capacity charging assistant becomes effortless.

100W Super Fast Charging

The C1 port supports 100W output and can power laptops as well as provide fast charging for smartphones and tablets. In 30 minutes, it can charge the Macbook Pro 16″ to 43% (PB721) and 28% (PB724)

100W fast charging, worry-free work anytime, anywhere
With a maximum 100W Type-C single-port output, it can not only power your laptop, but also provide fast charging for smartphones and tablets. It is suitable for business travelers on the go, providing emergency power for laptops so you can work worry-free anytime, anywhere. It also supports fast charging for mobile devices, allowing you to charge faster than using them, saving you waiting time during your travels.

12000 or 20000mAh Large Capacity

 

PB721: 20000mAh, which can fully charge a MacBook Air once and fully charge an iPhone 15 four times (estimated).
PB724: 12000mAh, which can fully charge an iPhon15 1.28 times (data pending testing).

20000mAh large capacity, worry-free power on the go
With a capacity of 20000mAh, it has enough power to provide emergency power for laptops during travel or to fully charge devices such as smartphones and tablets multiple times. Whether it’s for work or entertainment on the go, you don’t have to worry about your devices running out of power.

TFT Smart Display

Equipped with a TFT screen (Thin Film Transistor liquid crystal display), it has high resolution, high color reproduction, and fast response.
The screen intelligently displays different status information, including battery level, real-time voltage, real-time current, and power of different interfaces.

Smart TFT display, real-time and intuitive information
Through the screen, users can intuitively understand the working status of each interface and the power distribution. When charging with a single port or multiple ports, it helps users to know the charging status of different devices, avoiding situations where devices are not charged or the charging power is not matched.

130W Two-Port Charging

C1 port supports 100W max output, C2 port supports 30W max output. When both ports are simultaneously outputting, they can reach the maximum output power of each port separately, providing a total output power of up to 130W (100W + 30W).

130W dual-port output, double the fast charging
When both ports are used for output, it supports up to 130W. The C1 and C2 ports can simultaneously provide power to laptops and fast charging for iPhones respectively. Charging two devices simultaneously doubles the efficiency during travel.

Charge 2 Devices Together (PB724)

The type-C port supports 100W output, USB-A port supports 22.5W output. It can support charging two devices simultaneously, and when both ports are outputting at the same time, the total power is 20W.

Charging two devices simultaneously
The Type-C port and USB-A port can simultaneously provide power to two different devices. Charging two devices simultaneously doubles the efficiency during travel.

Charge 3 Devices Together (PB721)

 

Equipped with 2 Type-C ports and 1 USB-A port. C1 port has a maximum output of 100W, C2 port has a maximum output of 30W, and the USB-A port has a maximum output of 22.5W.
When all three ports are simultaneously outputting, the C1 port has a maximum output of 100W, and the C2 and A ports share a total power of 15W.

Charge 3 Devices at Once
With the 2C1A interface design, it can charge up to three devices simultaneously. In high-frequency travel scenarios, it can charge laptops, smartphones, and headphones at the same time. The C1 port with 100W can charge the laptop, while the C2 and A ports share 15W to charge the smartphone and earphones simultaneously.

65W Fast Recharging

The C1 port can provide both input and output. When recharging the power bank through the C1 port, the maximum input power is 65W, and it takes about 2 hours (PB721) or 1.5 hours (PB724) to complete the charging.

2-hour fast recharging, always ready to go
With 65W input, the power bank can be fully charged in 2 hours, saving preparation and waiting time for the journey. During the travel process, it can be quickly recharged in a hotel room or conference office, eliminating the need for long waiting times and saving travel time.

13-Layer Safety Protection

Features 13 layers of protection, including high temperature protection, low temperature protection, input overcurrent protection, output overcurrent protection, input overvoltage protection, output overvoltage protection, overcharge protection, overdischarge protection, overpower protection, undervoltage protection, short circuit protection, Manual Reset Protection, and Auto Circuit Interruption. It also has international safety certifications such as European REACH/CE/ROHS certification, UK UKCA certification, Japanese PSE certification, US FCC/UL/DOE certification, and other certifications including CESI national standard and CB certification.

Durable and prevents device damage
It supports multiple protections to handle different safety situations, including high temperature protection, low temperature protection, input overcurrent protection, output overcurrent protection, input overvoltage protection, output overvoltage protection, overcharge protection, overdischarge protection, overpower protection, undervoltage protection, short circuit protection, Manual Reset Protection, and Auto Circuit Interruption. It has passed multiple international safety certifications, including REACH, CE, ROHS, UKCA, PSE, FCC, UL, DOE, CESI, and CB. These comprehensive safety measures ensure the durability and longevity of the product. Whether in use or idle, there is no need to worry about the power bank burning or exploding due to various factors, nor do you need to worry about the power bank damaging charging devices.

Automotive Grade Lithium-ion Power Cell

PB721: It adopts the 21700 battery cell, which is a new type of lithium-ion battery. Well-known electric vehicle manufacturer Tesla also uses the 21700 battery cell internally. Compared to the traditional 18650 battery cell, the 21700 battery cell has a higher energy density, allowing for more capacity in a smaller volume, and it has a longer lifespan and better durability. It supports up to 800 cycles (80% or more capacity retention). After a continuous aging test of 120 days, the performance remains the same. In addition, it has passed multiple certifications such as the CESI national standard, US UL certification, UN38.3 and MSDS transportation reports, as well as CB certification.

Large capacity in a compact size, extended lifespan
The 21700 battery cells have a higher energy density, allowing our power bank to accommodate more capacity in a smaller size, providing a longer charging lifespan. Moreover, these battery cells have a longer lifespan and better durability, making our power bank more durable. After 800 charge and discharge cycles, the capacity still retains over 80%, making it more long-lasting. With multiple certifications, it is also safer.

PB724: It adopts the 18650 battery cell, which is a type of lithium-ion battery. Compared to pouch batteries, it has a longer lifespan and better durability. After a continuous aging test of 120 days, the performance remains the same. It has also undergone multiple certifications including the CESI national standard and US UL certification, as well as UN38.3 and MSDS transportation reports, and CB certification, making it safer.

Large capacity in a smaller size, extended lifespan
The 18650 battery cell has a higher energy density, allowing our power bank to accommodate more capacity in a smaller size, providing a longer charging lifespan. Moreover, this battery cell has a longer lifespan and better durability, making our power bank more durable and long-lasting. With multiple certifications, it is also safer.

Thermal Guard™ System

It is equipped with a large area metal heat sink and NTC temperature control detection, with temperature measurements conducted 200 times per second.

Real-time temperature monitoring, high-speed heat dissipation, safe and reassuring
It is equipped with a large metal heat sink, which allows for faster heat conduction. The NTC temperature control detection system monitors temperature fluctuations in real-time, conducting temperature measurements 200 times per second, to prevent the power bank from overheating and mitigate the risk of self-ignition or explosion. The shell is made of V-0 flame retardant material, which complies with the V-0 fire protection grade in the international flame retardancy standard UL94, effectively preventing combustion or slowing down its spread.

Premium Minimalistic Design

 It adopts the advanced column design, with the high-quality spray painting process and a gray color scheme.

Premium and minimalist, business demeanor
With a power-column design and a space gray color scheme, it has a visually refreshing, high-end, and minimalist visual style, suitable for business professionals who appreciate a high-end demeanor and meets the needs of tech-savvy users. The power-column design also makes it more compact in size, convenient for one-handed grip, and easy to use during travel without any fuss.

Wide Compatibility with 1000+ Devices

Supports charging protocols such as PD, PPS, QC, AFC, FCP, SCP, UFCS, compatible with mainstream electronic devices from various brands.

Compatible with 1000+ devices, simplify complexity
Supports charging protocols such as PD, PPS, QC, AFC, FCP, SCP, UFCS, covering mainstream electronic devices from various brands, and has a wide range of charging compatibility. It is also compatible with low current electronic products such as Bluetooth earphones and smartwatches for charging.

Anti-slip Pad

The side of the power bank is designed with anti-slip pads to enhance friction when placed on a flat surface.

Anti-slip pads for stable and secure standing
During simultaneous charging with multiple ports, it is often necessary to stably place the power bank to avoid accidentally dropping fragile electronic products along with the cables. We have added anti-slip pads in the product design, which prevent sliding when placed horizontally, providing a more stable and reliable working environment.

Airline Approved

Rated capacity is 44Wh (PB724) and 72Wh (PB721), compliant with boarding requirements.

No battery anxiety on board
Usually, US and German flights restrict power banks with a capacity of over 100Wh from being brought onto the plane. Our power bank has a rated capacity of 72Wh, so it complies with the boarding requirements. You can freely carry our power bank on board, and there will be no battery anxiety during long-haul flights.

Trickle Charging Mode

Supports trickle charging mode, which reduces the current to adapt to low current devices such as Bluetooth earphones and smartwatches.

Switchable trickle mode, safe fast charging, and extended battery life for smartphones and other devices. It can also provide safe charging for low-current devices such as Bluetooth earphones and smartwatches.

 

 

View original content:https://www.prnewswire.com/apac/news-releases/multi-award-winning-ugreen-to-launch-ultra-compact-power-banks-for-singapore-market-302229243.html

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Kuaishou Technology to Report 2026 First Quarter Financial Results on May 27, 2026

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HONG KONG, May 6, 2026 /PRNewswire/ — Kuaishou Technology (“Kuaishou” or the “Company”; HKD Counter Stock Code: 01024 / RMB Counter Stock Code: 81024), a leading content community and social platform, today announced that it will report its unaudited consolidated first quarterly results for the three months ended March 31, 2026, after the Hong Kong market closes on Wednesday, May 27, 2026.

The Company’s management will host a conference call on Wednesday, May 27, 2026, at 7:00 PM Beijing Time (7:00 AM U.S. Eastern Time) to discuss the results.

Participants are required to pre-register for the conference call at:

Chinese Line (Mandarin):
https://s1.c-conf.com/diamondpass/10054245-xi6ksd.html

English Simultaneous Interpretation Line (listen-only mode):
https://s1.c-conf.com/diamondpass/10054246-wl3yqp.html

Participants can choose between the Chinese and English simultaneous interpretation options for pre-registration above. Please note that the English simultaneous interpretation option will be in listen-only mode. Upon registration, participants will receive an email containing conference call dial-in details, event passcode, and a unique registrant ID. This information will allow you to gain immediate access to the call. Participants may pre-register at any time, including up to and after the call start time.

Additionally, live, and archived webcasts of the conference call, for both Chinese and English simultaneous interpretation, will be available on the Company’s investor relations website at https://ir.kuaishou.com.

Replays of the conference call will be available until June 3, 2026 via the following dial-in details:

Dial-in Numbers

Mainland China:

400 1209 216

Hong Kong:

800 930 639

US/Canada:

1855 883 1031

Chinese conference ID:

10054245

English simultaneous interpretation conference ID:

10054246

About Kuaishou

Kuaishou is a leading content community and social platform in China and globally, committed to becoming the most customer-obsessed company in the world. Kuaishou uses its technological backbone, powered by cutting-edge AI technology, to continuously drive innovation and product enhancements that enrich its service offerings and application scenarios, creating exceptional customer value. Through short videos and live streams on Kuaishou’s platform, users can share their lives, discover goods and services they need and showcase their talent. By partnering closely with content creators and businesses, Kuaishou provides technologies, products, and services that cater to diverse user needs across a broad spectrum of entertainment, online marketing services, e-commerce, local services, gaming, and much more. For more information, please visit https://ir.kuaishou.com.

For investor and media inquiries, please contact:

Kuaishou Technology
Investor Relations
Email: ir@kuaishou.com

View original content:https://www.prnewswire.com/news-releases/kuaishou-technology-to-report-2026-first-quarter-financial-results-on-may-27-2026-302763955.html

SOURCE Kuaishou Technology

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Mox Breaks Even in Q1 2026 amid Strengthening Profitability Outlook, Launches Mox+ Wealth Solutions and Mox Invest Upgrades

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Bringing Wealth Within Reach of all in Hong Kong

HONG KONG, May 6, 2026 /PRNewswire/ — Mox Bank Limited (“Mox” or “the Bank”), on the back of delivering a financial breakeven quarter for Q1 2026, today announced the launch of Mox+. This wealth solution is engineered for Hong Kong’s young professionals and emerging affluent and will be a driver of sustainable profitability for the Bank. Mox+ combines wealth capabilities with curated lifestyle benefits, marking Mox’s evolution from everyday banking to a comprehensive wealth partnership.

The financial achievement was driven by robust momentum across all business lines and achieving a significant milestone demonstrates the success of the accessible business model which after 5 years is now used and valued by over 750,000 customers in Hong Kong.

Barbaros Uygun, CEO of Mox, said, “Achieving financial breakeven for the first quarter of 2026 on the back of a strong 2025 set of results, shows our direction of travel. We have the momentum to drive positive change, providing wealth opportunities to all in Hong Kong and do so in a profitable manner. Our client-centric business model is proving that it is the right one for sustainable profitability. 

Our digital wealth management platform serves as a trusted partner for our over 750,000 customers at every stage of life, empowering them to manage their finances with confidence and unlock new possibilities. We are entering a new chapter of growth as we continue to expand our product portfolio and wealth management offerings, with the launch of Mox+ being one such initiative.”

He continued, “To support this evolution, we are evolving into an AI-native bank, doubling our operational capacity through a strategic human-bot partnership, equipping every staff member with a personalised AI assistant to deliver even greater service and efficiency.”

Mox+ members enjoy preferential fees and charges on Mox Invest and preferential pricing on foreign exchange, enhanced deposit rates (3.5% p.a. up to HKD5 million), as well as priority customer support and early access to experiences and new products. These benefits can be gained simply by maintaining an average daily balance of HKD 600,000 or above across all deposits and investments which will lead to automatic qualification for Mox+ for the following month. The programme integrates financial advantages with lifestyle benefits—including curated dining rebates, free hotel stays, Starbucks coffee vouchers, health benefits and exclusive member experiences—reflecting Mox’s belief that wealth building should be both strategic and rewarding.

Jayant Bhatia, Chief Business Officer of Mox, commented, “At Mox, we are dedicated to establishing the financial well-being of Hongkongers. Designed and tailored for Hong Kong’s young professionals and emerging affluent segment, which is underserved in Hong Kong, Mox+ offers solutions for daily savings and preferential wealth management service fees for long-term wealth creation as well as rewarding lifestyle benefits. This is strategically significant as one of our key initiatives to drive business growth and make Wealth Within Reach for Hongkongers.”

Throughout 2025, Mox has already strengthened its product portfolio with new solutions in Mox Invest. The Mox Invest platform saw trading volumes increasing to 2.4 times and assets under management (AUM) growing to 2.6 times that of last year. More than 10% of Mox customers have opened a Mox Invest account, reflecting strong demand for its wealth solutions driven by new products and services. In 2026, we will continue our momentum in launching new and innovative products and services and are already scaling up to serve the next generation of wealth builders in Hong Kong. Having already recently launched a crypto trading service, Mox Invest is set to introduce an IPO subscription service later this year.

The Bank has clear reasons for continuing to develop wealth management products. The “Wealth Behaviours: Insights into how individuals are saving and investing” survey conducted by Mox in collaboration with Ipsos revealed that Hongkongers continue to take a conservative approach to investing, with 63% of their liquid assets kept in cash and deposits – a trend that contributes to “cash drag” and limits potential wealth growth. More than two-thirds of respondents indicated they require an average of 5.6 months to save up to their desired investment threshold and typically delay investing their savings by a further 2.75 months on average, resulting in missed opportunities for long-term wealth accumulation[1]. This survey will continue as an ongoing research initiative to deepen our understanding of Hongkonger’s wealth management behaviours and enable the Bank to develop tailored solutions that puts wealth within reach.

After Mox was amongst the first wave of banks in Asia to offer a crypto trading service, Mox Invest now further offers One Click Investments (a simplified process for buying equities based on themes such as AI, technology, amongst others), Trading Signals, and gives customers access to professional  fund strategies including Signature CIO funds developed in partnership between Standard Chartered Bank CIO office and Amundi. The Signature CIO funds offer four different type of funds based on individuals’ risk appetite which could be Conservative, Income, Balanced or Growth. Customers also have options amongst a wide range of funds offered by other world-class fund houses.

A Track Record of Rapid Scale and Adoption in the Last 5 Years

Since its launch in September 2020, Mox has brought to the market more than 15 market-first products or services and achieved significant scale with over 750,000 customers, reflecting the trust and growing preference of Hong Kong consumers for a seamless digital banking experience. To date, Mox customers have driven a cumulative spend of HKD70 billion, supported by a robust volume of 176 million card transactions and approximately 2 billion Asia Miles earned through Mox Card and other banking services. Its commitment to delivering tangible value to customers is further evidenced by the HKD2 billion distributed in cash rewards.

Beyond daily spending, Mox has become central to its customers’ financial lives, facilitating approximately 50 million outward FPS transfers and more than 5 million bill payments. As a preferred companion for travelers, the Mox Card has been used over 31 million times in overseas transactions, contributing to a total of 250 million app engagements as we continue to redefine digital banking for the Hong Kong community.

To learn more about Mox, please visit: mox.com.

About Mox Bank Limited (“Mox”) 
Mox is a pioneering digital bank licensed in Hong Kong, and a registered institution (CE number: BNO808) powered by Standard Chartered in partnership with PCCW, HKT and Trip.com. Launched in September 2020, Mox is reimagining banking, unlock more of life’s possibilities, and setting global benchmarks for digital banking from Hong Kong.   

Mox is well on track to be the number one digital bank for cards, lending and wealth. In 2026, it was awarded as Best Pure-Play Digital Bank for CX in Hong Kong and Outstanding Digital CX in Banking App/ Platform by The Digital Banker Digital CX Awards. It was also recognised as NeoBank of the Year, Retail Banking, Hong Kong and Best Retail Banking Experience, Hong Kong by The Asset Triple A Digital Finance Awards. In 2025, Mox is ranked as the number one digital bank in Hong Kong in Neobank Ranking 2025 by The Banker, a publication by Financial Times. It was also awarded the Best Digital Bank in Hong Kong by The Asian Banker for three consecutive years, and the Digital Bank of the Year in Hong Kong by Asian Banking & Finance for two years in a row. It was also recognised as one of Asia’s Top 5 mobile banking app and the number one Hong Kong digital banking app in Sia Partners’ 2025 International Mobile Banking Benchmark. Mox Credit Card held its position as the seventh-largest credit card portfolio among all retail banks in Hong Kong[2]. Through a scalable platform, lower cost-to-serve, top-notch customer experience and the unique promise of safe, simple, smart, and fun banking, Mox has found immense affinity among Hong Kong customers: Mox app is the top-rated Hong Kong digital banking app in Apple App Store in Hong Kong[3], scoring 4.8 out of 5. Mox’s influence extends beyond Hong Kong, as shown by the company’s technology and know-how being transferred to Trust Bank in Singapore. 

Join us in shaping the future of banking.

Follow Mox on mox.com, Facebook, Instagram, Threads, LinkedIn and YouTube for our latest updates.

[1] The “Wealth Behaviours: Insights into how individuals are saving and investing” study was conducted in collaboration with Ipsos and it surveyed 2,500 working adults with a monthly household income above HKD15,000 in Hong Kong between August 2025 and April 2026.

[2] According to TransUnion’s Market Insights and Intelligence Dashboard (MIID) for the period from January to December 2025.

[3] As of the period from 28 January 2025 to 5 May 2026.

 

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UK Students Recognised in National AI Investment Challenge

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University teams apply AI to real-world investment problems, with Lancaster University team taking the top prize.

LONDON, May 6, 2026 /PRNewswire/ — CFA Institute, the global association of investment professionals, has announced the winner of its inaugural AI Investment Challenge, with the top prize awarded to a student team from Lancaster University.

Some 28 teams from 15 universities took part in the competition.

Delivered by CFA Institute and CFA Society UK, the competition brought together students from universities across the United Kingdom to tackle real investment challenges using artificial intelligence. The focus was on practical application, responsible use, and real-world relevance. 

Finalists came from Durham University, Heriot-Watt University, Lancaster University, University of Exeter, and University of Manchester. 

Teams presented AI-powered solutions to a range of industry challenges, from assessing how carbon pricing affects portfolio values to analysing large volumes of company disclosures and extracting insights from company earnings calls. The winning team from Lancaster University impressed judges with its design of a Disclosure Degradation Detection System – an early-alert tool for analysts that monitors upstream exposure to disclosure risk by analysing company and supplier filings for increasingly vague, complex, or weakening language.

Peter Watkins, Head of University Relations, CFA Institute, said:

“It’s encouraging to see how quickly students can apply technical skills to real investment problems. The strongest teams combined solid analysis with a clear understanding of how AI can be used responsibly in practice. This reflects where the investment industry is heading, with professionals expected to use new technologies effectively while continuing to apply sound human judgement.”

Nick Bartlett, CFA, ASIP, Chief Executive, CFA Society UK, adds:

“It’s been great to see students from across the UK take part. Opportunities like this help people build practical skills, make connections in the industry, and gain confidence in applying what they’ve learned. Bridging that gap between education and industry is increasingly important, as the skills needed for a career in the investment profession continue to evolve.” 

The winning team members from Lancaster University are Connor O’Keeffe, Ebro Dossajee, and Bradley McCann.  

Connor O’Keeffe, speaking on behalf of the winning team, said: 

“The CFA Institute AI Investment Challenge gave us the chance to work on a real investment problem and engage directly with industry professionals. Presenting our work and receiving feedback has been invaluable, and we’re proud to bring first place back to Lancaster. It’s been a great experience for the whole team.”

Steve Young, Professor of Accounting at Lancaster University Management School, commented:

“The AI Investment Challenge is a fabulous initiative from CFA Institute that helps students formulate and execute artificial intelligence solutions to assist investment analysis professionals, and we are thrilled that Brad, Connor, and Ebro have been able to make such a positive contribution to the competition. Congratulations to all teams involved and thank you to CFA Institute and CFA Society UK for organising such an inspiring event.” 

The competition was judged on practical relevance, quality of analysis, innovation in the use of AI, responsible use of technology, and clarity of presentation. The final was judged by a panel of six investment industry professionals based in the UK. 

University representatives and students can opt-in to be the first to hear about future AI Investment Challenge events via Information Waitlist.

Notes to Editors

The AI Investment Challenge was held on Thursday 30 April 2026 in London.

First, second, and third-place teams received prizes of £2,000, £1,200, and £800, respectively. In addition, all finalist team members received a CFA Program Access Scholarship and the opportunity to showcase their work on CFA Institute platforms. 

More information about the AI Investment Challenge is available here: CFA Institute AI Investment Challenge

About CFA Institute
As the global association of investment professionals, CFA Institute sets the standard for professional excellence and credentials. We champion ethical behavior in investment markets and serve as the leading source of learning and research for the investment industry. We believe in fostering an environment where investors’ interests come first, markets function at their best, and economies grow. With more than 200,000 charterholders worldwide across 160 markets, CFA Institute has 8 offices and 157 local societies. Find us at www.cfainstitute.org or follow us on LinkedIn, and subscribe on YouTube.

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