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Yesasia Holdings Limited 喆麗控股有限公司
The Stock Exchange of Hong Kong Limited and the Securities and Futures Commission take no responsibility for the contents of this Post Hearing Information Pack, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this Post Hearing Information Pack. Post Hearing Information Pack of YesAsia Holdings Limited 喆 麗 控 股 有 限 公 司 (the ‘‘Company’’) (Incorporated in Hong Kong with limited liability) WARNING The publication of this Post Hearing Information Pack is required by The Stock Exchange of Hong Kong Limited (the ‘‘Exchange’’) and the Securities and Futures Commission (the ‘‘Commission’’) solely for the purpose of providing information to the public in Hong Kong. This Post Hearing Information Pack is in draft form. The information contained in it is incomplete and is subject to change which can be material. By viewing this document, you acknowledge, accept and agree with the Company, its sponsor, advisers or members of the underwriting syndicate that: (a) this document is only for the purpose of providing information about the Company to the public in Hong Kong and not for any other purposes. No investment decision should be based on the information contained in this document; (b) the publication of this document or supplemental, revised or replacement pages on the Exchange’s website does not give rise to any obligation of the Company, its sponsor, advisers or members of the underwriting syndicate to proceed with an offering in Hong Kong or any other jurisdiction. -
Media/Entertainment Rise of Webtoons Presents Opportunities in Content Providers
Media/Entertainment Rise of webtoons presents opportunities in content providers The rise of webtoons Overweight (Maintain) Webtoons are emerging as a profitable new content format, just as video and music streaming services have in the past. In 2015, webtoons were successfull y monetized in Korea and Japan by NAVER (035420 KS/Buy/TP: W241,000/CP: W166,500) and Kakao Industry Report (035720 KS/Buy/TP: W243,000/CP: W158,000). In late 2018, webtoon user number s April 9, 2020 began to grow in the US and Southeast Asia, following global monetization. This year, NAVER Webtoon’s entry into Europe, combined with growing content consumption due to COVID-19 and the success of several webtoon-based dramas, has led to increasing opportunities for Korean webtoon companies. Based on Google Trends Mirae Asset Daewoo Co., Ltd. data, interest in webtoons is hitting all-time highs across major regions. [Media ] Korea is the global leader in webtoons; Market outlook appears bullish Jeong -yeob Park Korea is the birthplace of webtoons. Over the past two decades, Korea’s webtoon +822 -3774 -1652 industry has created sophisticated platforms and content, making it well-positioned for [email protected] growth in both price and volume. 1) Notably, the domestic webtoon industry adopted a partial monetization model, which is better suited to webtoons than monthly subscriptions and ads and has more upside potent ial in transaction volume. 2) The industry also has a well-established content ecosystem that centers on platforms. We believe average revenue per paying user (ARPPU), which is currently around W3,000, can rise to over W10,000 (similar to that of music and video streaming services) upon full monetization. -
Resource List Major Vendors
SEMLA Preconference Workshop Music Acquisitions and Collection Development Oct. 18, 2012 Instructors: Holling Smith-Borne Director, Wilson Music Library Vanderbilt University [email protected] -and- Chris Durman George F. DeVine Music Library University of Tennessee Libraries 865-974-3474 [email protected] With thanks to Marci Cohen and Michael Fling. Resource List Major Vendors Baker & Taylor, Inc. (800) 775-1800 http://btol.com/ [email protected] Bel Canto Society (audio and video recordings) Department A, 85 Furniture Drive Milford, CT 06460 Phone: (800) 347-5056 Fax: (212) 877-2792 http://www.belcantosociety.org Broude Brothers Limited (scores only; publisher has own line of scholarly score editions) 141 White Oaks Road, P.O. Box 547 Williamstown, MA 01267-0547 Phone: (800) 525-8559 Fax: (413) 458-5242 http://www.broude.us/ [email protected] DVD Planet (videorecordings) 900 N Rohlwing Road Itasca, IL 60143 http://www.dvdplanet.com [email protected] Educational Music Service (scores; specializes in score orchestral literature) 33 Elkay Drive Chester, NY 10918 1 Phone: (845) 469-5790 Fax: (845) 469-5817 http://www.emsmusic.com [email protected] Facets Multi-Media (videorecordings) 1517 West Fullerton Ave. Chicago, IL 60614 Phone: (800) 331-6197 http://www.facets.org [email protected] Films for the Humanities and Sciences (videorecordings) 132 West 31st Street 17th Floor New York, NY 10001 Phone: (800) 322-8755 Fax: (800) 678-3633 http://www.films.com [email protected] Harrassowitz (Music Services) North American Library Services office 820 University Blvd. South, Suite 2C Mobile, AL 36609 Phone: (800) 348-6886 Fax: (800) 574-5732 http://www.harrassowitz.de [email protected] Hutchins & Rea (scores) PO Box 190309 Atlanta, GA 31119 Phone: (800) 733-BACH (2224) Fax: (404) 842-1248 http://www.hutchinsandrea.com/ Insight MEDIA (videorecordings) 2162 Broadway New York, NY 10024 Phone: (800) 233-9910 Fax: (212) 799-5309 http://www.insight-media.com/ [email protected] J.W. -
FTSE Developed Asia Pacific All Cap
FTSE Russell Publications 19 August 2018 FTSE Developed Asia Pacific All Cap Indicative Index Weight Data as at Closing on 29 June 2018 Index weight Index weight Index weight Constituent Country Constituent Country Constituent Country (%) (%) (%) 77 Bank 0.02 JAPAN Anritsu 0.03 JAPAN Azbil Corp. 0.04 JAPAN a2 Milk 0.08 NEW Ansell 0.04 AUSTRALIA Bandai Namco Holdings 0.11 JAPAN ZEALAND Anton Oilfield Services <0.005 HONG KONG Bando Chem Inds 0.01 JAPAN AAC Technologies Holdings 0.14 HONG KONG AOI Electronics <0.005 JAPAN Bank of East Asia 0.07 HONG KONG Abacus Property Group 0.01 AUSTRALIA Aoki Holdings 0.01 JAPAN Bank of Iwate 0.01 JAPAN ABC-Mart 0.02 JAPAN Aomori Bank 0.01 JAPAN Bank of Kyoto 0.05 JAPAN Able C&C <0.005 KOREA Aoyama Trading 0.02 JAPAN Bank of Nagoya 0.01 JAPAN Accent Group 0.01 AUSTRALIA Aozora Bank 0.06 JAPAN Bank of Okinawa 0.01 JAPAN Accordia Golf Trust <0.005 SINGAPORE APA Group 0.12 AUSTRALIA Bank of Queensland Ltd. 0.04 AUSTRALIA Achilles <0.005 JAPAN Aplus Financial <0.005 JAPAN Bank of Ryukyus 0.01 JAPAN Acom 0.02 JAPAN APN Outdoor Group 0.01 AUSTRALIA Bank of Saga <0.005 JAPAN Adastria Holdings <0.005 JAPAN Appen 0.01 AUSTRALIA Bapcor 0.02 AUSTRALIA Adeka 0.02 JAPAN Aprogen Pharmaceuticals <0.005 KOREA Beach Energy 0.03 AUSTRALIA Adelaide Brighton 0.03 AUSTRALIA Arakawa Chemical Industries <0.005 JAPAN Beadell Resources <0.005 AUSTRALIA Advan <0.005 JAPAN Arata 0.01 JAPAN Bega Cheese 0.01 AUSTRALIA Advanced Process Systems <0.005 KOREA ARB Corporation 0.02 AUSTRALIA Beijing Enterprises Medical and Health <0.005 -
Global Audio Revolution the Music Has Changed
15 February 2019 Global EQUITIES Global Audio Revolution 40,000 10.0% The music has changed 30,000 5.0% 0.0% 20,000 -5.0% 10,000 -10.0% Key points 0 -15.0% 2007 2015 2006 2008 2009 2010 2011 2012 2013 2014 2016 2017 2018E 2019E 2020E 2005 The convergence of advertising and consumer direct spend on audio entertainment disrupts broadcast radio in favour of streaming platforms. Recorded music Radio Audiobook But the golden age of recorded music is behind us. Audiobooks and Streamcasts Audio yoy (RHS) podcasts are gaining share, undermining labels’ competitive position. Source: IFPI, Magna, APA, IAB, Macquarie Inside Our top picks are companies building a competitive advantage in the wider audio entertainment space: TME, SPOT and SIRI. Underperform on VIV. Table of contents 3 Exec summary 5 New models in audio entertainment Redefining audio entertainment 16 Recorded music is to audio what films are to video entertainment. It’s premium Freemium convergence 20 content, but it only represents 36% of the total 2018E audio revenues in the US. Streaming revolution 29 OTT is the first technology that brings together all audio content (music, Content-distribution equilibrium disrupted 36 audiobooks and radio/podcasts) on a single distribution platform. And it reunites advertising revenues with consumers’ direct spend (downloads/ subscriptions). Vertical integration appeal/necessity 40 Further disruption comes from a new type of integration achieved by TME (social/ The buoyant Chinese market 42 entertainment ecosystem) and by Amazon (e-commerce/entertainment plus voice Smart speakers and voice platforms 46 platform). Our new global audio entertainment model 50 Streamcasts and audiobooks rise, music slows Regulation 53 We argue our holistic approach allows new investment opportunities: 1) Ad revenues shift from broadcast radio to on-demand streaming - We expect commercial radio advertising to decline as streaming platforms grow into podcasts, the equivalent of unscripted TV shows in parallel with video Analysts content. -
Global Cities, Local Knowledge
Formatting and Change in East Asian Television Industries: Media Globalization and Regional Dynamics Lim, Wei Ling Tania Patricia BSocSc (Hons), MSc (Media & Comms) Creative Industries Research and Applications Centre Queensland University of Technology Submitted in fulfilment of the requirements of the degree of Doctor of Philosophy 2005 Keywords Circuit of cultural production, East Asian popular culture, Television industries, Field of broadcasting, Formatting, Local knowledge, Media capitals, Neo-networks, Regional dynamics, TV Formats, martial arts dramas, teenage idol soap operas, game-shows. ii Abstract Television is increasingly both global and local. Those television industries discussed in this thesis transact in an extensive neo-network of flows in talents, financing, and the latest forms of popular culture. These cities attempt to become media capitals but their status waxes and wanes, depending on their success in exporting their Asian media productions. What do marital arts dramas, interactive game-shows, children’s animation and teenage idol soap operas from East Asian television industries have in common? Through the systematic use of TV formatting strategies, these television genres have become the focus for indigenous cultural entrepreneurs located in the East Asian cities of Hong Kong, Singapore and Taipei to turn their local TV programmes into tradable culture. This thesis is a re-consideration of the impact of media globalisation on Asian television that re-imagines a new global media order. It suggests that there is a growing shift in perception and trade among once-peripheral television industries that they may be slowly de-centring Hollywood’s dominance by inserting East Asian popular entertainment into familiar formats or cultural spaces through embracing global yet local cultures of production. -
Ns Yoon-G the Way 2.. Album Download NS 윤지 NS Yoon-G Mini Album Vol
ns yoon-g the way 2.. album download NS 윤지 NS Yoon-G Mini Album Vol. 3 - The Way 2.. For in-store purchases , items can be returned so long as it is sealed and unopened in its original packaging and the receipt is provided. Items must be returned within 14 days of purchase in order to receive a full refund. For online purchases , all items MUST be carefully packaged and returned in the same condition they were sent (unopened and sealed in original packaging). Once we receive the items in store, we will refund the purchase amount. Items must be returned/shipped within 7 days of delivery. Once they are received in store, we will give a full refund. What if my order was shipped but returned to the store? We do not take liability for orders returned due to incorrect shipping addresses or absent residents at the time of delivery. When an order is returned to the store, we will refund the purchase amount, excluding shipping charges. If a customer still wishes to receive the purchased item(s), he/she will need to place a new order on our website. Please double check that the shipping address is correct whenever you place an order! EXCHANGES. We do NOT process exchanges for online orders. If you wish to receive another item, you will need to return the originally purchased item to the store. Return shipping costs must be paid at your own expense. Once we have received the item, we will cancel your order and you can place a new order for the item you wish to receive. -
February 2020 | Investor Relations Disclaimer Table of Contents
February 2020 | Investor Relations Disclaimer Table of Contents Kakao Ecosystem 4 Kakao Business 12 Talk Biz 13 Mobility 16 Techfin(Pay) 17 Techfin(Bank) 18 Music 19 Game 20 Paid Content 21 IP Business(M) 22 IP Business(IX) 23 Financial Overview 24 Kakao ecosystem Kakao business Financial overview 4 Vision “Connect Everything” Innovating the way we connect for a better tomorrow 5 History ● Interactive Business Platform 2013 100million Subscribers Kakao talk 2014 Kakao & Daum Merger 2010 2010 2014 2015 2016 2016 2017 Kakao Kakao Kakao Kakao Kakao Kakao Kakao Talk Talk Gift Pay Taxi Makers Driver Bank 2006 KaKao (I.W.I LAB) Established 2018 Kakao & LOEN 2012 2012 2013 2016 2016 Merger Kakao Kakao Kakao LOEN Kakao Japan Game Friends Page Acquisition Piccoma ● Content Ecosystem & Global Expansion Kakao M Spin off 6 Undisputed Market Leader No1. Mobile Messenger Service in Korea Kakao Talk Monthly Active Users 45 Million MAU in Korea 96% Market Share 87% Population Penetration 44,731 44,859 44,417 44,076 43,526 43,577 43,662 43,812 43,201 #1 Brand Power Across 220 Industries in Korea Most Admired Workplace Among Top 100 Companies in Korea by Market Cap. 4Q17 1Q18 2Q18 3Q18 4Q18 1Q19 2Q19 3Q19 4Q19 #1 Social Contribution Index Korea 43,201 43,526 43,577 43,662 43,812 44,076 44,417 44,731 44.859 Among the 57 Largest Conglomerate Groups in Korea Global 49,709 50,348 50,113 50,187 50,219 50,547 50,882 51,374 51,495 Average of monthly MAUs. -
September 2019 Newsletter
Stonehorn Asia Equity Strategy Welcome to the first Stonehorn Global Partners quarterly portfolio review. About Stonehorn Global Partners Stonehorn Global Partners ‘Stonehorn’ believes that When we proudly established Stonehorn our alignment of interest with their clients is what builds aim wasn’t just to ensure our interests were sustainable partnerships. aligned directly with those of our investors. • Stonehorn’s founding members have partnered We also wanted to express that alignment together in Asia for over 10 years. • Strong track record investing in Asian equities. in everything we do. • Have an extensive network and relationships with Asian We trust that our first quarterly portfolio review embodies companies, government bodies and industry and local this approach. We hope you find it candid and thoughtful, contacts. giving you an on-the-ground feel for what’s happening in Asia • Stonehorn Asia Equity Strategy is a high conviction and your investments in the region. long-only portfolio of Asian companies, actively managed, unconstrained and benchmark unaware. It’s been an eventful quarter; the US implemented a trade ban on China’s largest smartphone manufacturer; protests in Hong Why? Because the challenge is so often the source of the Kong escalated, as did trade tensions between Japan and opportunity. This view is founded on two fundamental beliefs, South Korea; US companies manufacturing in China worried supported by hard-won experience. The first is that the long about ‘decoupling’; India grappled with credit concerns; and term returns from Asian equities will be higher than the oil prices rose. Whilst such events are largely unpredictable, returns of major developed markets. -
Kakao Corp. and Subsidiaries
Kakao Corp. and Subsidiaries Consolidated Financial Statements December 31, 2018 and 2017 Kakao Corp. and Subsidiaries Index December 31, 2018 and 2017 Page(s) Independent Auditor’s Report ..................................................................................................... 1 – 6 Consolidated Financial Statements Consolidated Statements of Financial Position............................................................................... 7 – 8 Consolidated Statements of Comprehensive Income ........................................................................... 9 Consolidated Statements of Changes in Equity ........................................................................... 10 – 11 Consolidated Statements of Cash Flows .................................................................................... 12 – 13 Notes to the Consolidated Financial Statements ........................................................................ 14 – 129 Independent Auditor’s Report (English Translation of a Report Originally Issued in Korean) To the Shareholders and Board of Directors of Kakao Corp. Opinion We have audited the accompanying consolidated financial statements of Kakao Corp. and its subsidiaries (collectively the “Company”), which comprise the consolidated statements of financial position as at December 31, 2018 and 2017, and the consolidated statements of comprehensive income, consolidated statements of changes in equity and consolidated statements of cash flows for the years then ended, and notes to the consolidated -
Asia-Pacific Online
Asia-Pacific Online December 2003 www.emarketer.com This report is the property of eMarketer, Inc. and is protected under both the United States Copyright Act and by contract. Section 106 of the Copyright Act gives copyright owners the exclusive rights of reproduction, adaptation, publication, performance and display of protected works. Accordingly, any use, copying, distribution, modification, or republishing of this report beyond that expressly permitted by your license agreement is prohibited. Violations of the Copyright Act can be both civilly and criminally prosecuted and eMarketer will take all steps necessary to protect its rights under both the Copyright Act and your contract. If you are outside of the United States: copyrighted United States works, including the attached report, are protected under international treaties. Additionally, by contract, you have agreed to be bound by United States law. Asia-Pacific Online Table of Contents 3 Methodology 7 The eMarketer Difference 8 The Benefits of eMarketer’s Aggregation Approach 9 “Benchmarking” and Projections 9 I Introduction 11 II Asia-Pacific Overview 13 A. Population and Economy 14 B. Population 16 C. PCs 17 D. Internet Users 21 Internet User Forecasts 25 E. Broadband 28 Broadband Users 28 Broadband Forecast 31 Broadband Access Technologies 33 F.Internet Usage 35 G. Wireless and Mobile Content 39 H. Digital TV 44 III Australia 47 A. Internet Users 48 B. Broadband 52 Broadband Access Technologies 56 C. Internet Usage 58 D. Wireless 66 IV China 69 A. Broadband 73 B. Internet Usage 80 C. Wireless 82 D. Digital TV 88 V Hong Kong 89 3 ©2003 eMarketer, Inc. -
Handbook for Korean Studies Librarianship Outside of Korea Published by the National Library of Korea
2014 Editorial Board Members: Copy Editors: Erica S. Chang Philip Melzer Mikyung Kang Nancy Sack Miree Ku Yunah Sung Hyokyoung Yi Handbook for Korean Studies Librarianship Outside of Korea Published by the National Library of Korea The National Library of Korea 201, Banpo-daero, Seocho-gu, Seoul, Korea, 137-702 Tel: 82-2-590-6325 Fax: 82-2-590-6329 www.nl.go.kr © 2014 Committee on Korean Materials, CEAL retains copyright for all written materials that are original with this volume. ISBN 979-11-5687-075-3 93020 Handbook for Korean Studies Librarianship Outside of Korea Table of Contents Foreword Ellen Hammond ······················· 1 Preface Miree Ku ································ 3 Chapter 1. Introduction Yunah Sung ···························· 5 Chapter 2. Acquisitions and Collection Development 2.1. Introduction Mikyung Kang·························· 7 2.2. Collection Development Hana Kim ······························· 9 2.2.1 Korean Studies ······································································· 9 2.2.2 Introduction: Area Studies and Korean Studies ································· 9 2.2.3 East Asian Collections in North America: the Historical Overview ········ 10 2.2.4 Collection Development and Management ···································· 11 2.2.4.1 Collection Development Policy ··········································· 12 2.2.4.2 Developing Collections ···················································· 13 2.2.4.3 Selection Criteria ···························································· 13 2.2.4.4