Hong Kong E-Commerce Logistics Association (HKELA) Joins Forces with OPENeX 2024 and WMX Asia Conference to Promote Cross-Border International E-Commerce
Source EQS
| Hong Kong, September 5, 2024 — Hong Kong E-Commerce Logistics Association (HKELA) is proud to announce its strategic partnership with the upcoming OPENeX 2024 and the World Mail & Express Asia Conference (WMX Asia). This collaboration aims to enhance cross-border international trade within the e-commerce and logistics sectors. With the theme "Where Tech Meets Cross Border eCommerce Logistics," OPENeX 2024 will take place from September 16 to 18, 2024, in Hong Kong. The conference will feature a dynamic agenda filled with keynote speeches, panel discussions, and networking opportunities, attracting industry leaders from around the globe. Additionally, the WMX Asia Conference, scheduled for September 18 to 20, 2024, at the Cordis Hotel, Hong Kong, will bring together senior post and parcel professionals for insightful discussions on the latest trends and innovations in the logistics industry. HKELA President, Suki Cheung, will represent Asia as a key speaker at both conferences, sharing insights on the evolving landscape of e-commerce logistics and the critical role of collaboration in driving growth. "This partnership is a significant step towards strengthening Hong Kong's position as a global hub for e-commerce and logistics," said Cheung. "By joining forces with OPENeX and WMX Asia, we aim to foster dialogue and innovation that will benefit stakeholders across the region." The collaboration will provide HKELA members with exclusive access to international insights, networking opportunities, and innovative solutions that can streamline operations and enhance service delivery in the competitive landscape of cross-border trade. For more information about the conferences and to register, please visit OPENeX 2024 https://nex-network.com/openex/hkg/ and WMX Asia at https://www.wmxasia.com. For media inquiries or further information, please contact: Shirley Chu Vice President - Partnerships shirleychu@hkela.org ### About Hong Kong E-Commerce Logistics Association (HKELA) Hong Kong E-Commerce Logistics Association (HKELA) is the first logistics association established for professionals in the online sales and e-commerce logistics industry in Hong Kong. Its members consist of professionals from various industries, including cross-border logistics, e-commerce logistics, supply chain management, logistics consulting, transportation, and warehousing. The association is dedicated to promoting and enhancing the development of the e-commerce logistics industry by connecting logistics experts, practitioners, and students. The association advocates for business growth and development among its members through collaboration. It provides a platform for members to connect and interact, with members from different specialties sharing knowledge and industry insights and exchanging market analysis and trends to maximize cooperation opportunities among members. The main goal is to unite stakeholders in the industry, actively connect with different local and overseas units and organizations, promote exchanges, and expand strategic cooperation. Through technological innovation, it aims to develop and create opportunities together, strengthen Hong Kong's position as a hub for e-commerce logistics in the Asia-Pacific region, and enhance the prospects of the Hong Kong e-commerce logistics industry. https://www.hkela.org/ ###
05/09/2024 Dissemination of a Financial Press Release, transmitted by EQS News. |
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
US October PPI Preview: Fed Rate Hike Expectations Rise, PPI May Be Key Variable; How Will US Stocks, Dollar, and Gold Move?On Friday (Nov. 13) Eastern Time, the U.S. will release the October Producer Price Index (PPI). Following the October CPI once again exceeding expectations, the market will look to the PP
On Friday (Nov. 13) Eastern Time, the U.S. will release the October Producer Price Index (PPI). Following the October CPI once again exceeding expectations, the market will look to the PP
Gold closed below $4,000 again — the ETF crowd and central banks stayed, the momentum money leftSpot gold is trading near $3,999, its third consecutive lower daily low, after a 5.00% 10-year yield and a 102.85 dollar index raised the odds of a December hike to 87%. But the selling is not coming from the strategic holders: managed-money net longs fell to 324 tonnes, a 21-week low, and Goldman Sachs attributes roughly 95% of five weeks of selling to non-reportable positions. ETFs still hold a record 4,256 tonnes and central banks bought 321 tonnes in Q3. The table below sets the triggers, directions and levels.
Spot gold is trading near $3,999, its third consecutive lower daily low, after a 5.00% 10-year yield and a 102.85 dollar index raised the odds of a December hike to 87%. But the selling is not coming from the strategic holders: managed-money net longs fell to 324 tonnes, a 21-week low, and Goldman Sachs attributes roughly 95% of five weeks of selling to non-reportable positions. ETFs still hold a record 4,256 tonnes and central banks bought 321 tonnes in Q3. The table below sets the triggers, directions and levels.
Nvidia slid 7.7% after hours while AMD and Broadcom rose — the AI trade changed hands, it didn't breakNvidia closed Wednesday at 173.73, up 2.87%, then fell as much as 8.1% to 159.44 after reports that its board was preparing for a possible leadership change. The same session, the Philadelphia Semiconductor Index rose 5.7% with all 30 components higher, CoreWeave jumped 24.7% on 168% revenue growth, and Micron added 11.9%. If AI demand were being repriced, AMD and Broadcom would not be bid. This is a governance discount on one name, and 204.54 — the 200-day average — is the level that settles it.
Nvidia closed Wednesday at 173.73, up 2.87%, then fell as much as 8.1% to 159.44 after reports that its board was preparing for a possible leadership change. The same session, the Philadelphia Semiconductor Index rose 5.7% with all 30 components higher, CoreWeave jumped 24.7% on 168% revenue growth, and Micron added 11.9%. If AI demand were being repriced, AMD and Broadcom would not be bid. This is a governance discount on one name, and 204.54 — the 200-day average — is the level that settles it.
On November 12, gold prices (XAUUSD) extended their recent losses, falling further below $4,000 in early Asian trading to hit an intraday low near $3,968, marking a third consecutive day
Bitcoin lost its 200-day average — but the exit started three sessions before the CPIBitcoin fell 2.5% to about $73,400 on 11 November, an 11-week low, breaking its 200-day moving average near $73,100. The 24-hour liquidation tally reached $632 to $705 million, roughly 82% of it longs. But spot ETF outflows began three sessions earlier and USDT's market cap has shrunk $6.6 billion in 60 days — the leveraged length left before the inflation print did. A double top at 81,890 and 81,080 leaves a measured target of 69,366.
Bitcoin fell 2.5% to about $73,400 on 11 November, an 11-week low, breaking its 200-day moving average near $73,100. The 24-hour liquidation tally reached $632 to $705 million, roughly 82% of it longs. But spot ETF outflows began three sessions earlier and USDT's market cap has shrunk $6.6 billion in 60 days — the leveraged length left before the inflation print did. A double top at 81,890 and 81,080 leaves a measured target of 69,366.
