‘Fund at First Pitch’ attracts Global Investors with Future Tech

MACAO, May 28, 2025 /PRNewswire/ — The 5th BEYOND Expo 2025 wrapped up at The Venetian® Macao’s Cotai Expo after delivering a packed program of events that brought to life its vision of “Empowering Asia, Bridging the World”. Following four days of talks by tech leaders and visionaries, the Expo closed with the finals of Fund at First Pitch and a fireside chat with Alibaba Group Chairman Joe Tsai, illustrating the Expo’s commitment to supporting tech innovation in Asia. This year’s BEYOND Expo attracted more than 800 companies, 800 investors and 25,000 visitors, across sectors from AI, HealthTech and Clean Energy to Robotics and SportsTech, making it the biggest BEYOND Expo yet and one of the largest annual pan-Asian technology gatherings.

In a fireside chat with BEYOND Expo Co-Founder Jason Ho, Alibaba Group Chairperson Joe Tsai shared his views on Chinese companies going overseas, the challenges of doing business in the current business climate and the role of sport in global entertainment. He emphasized the importance of trust in business as part of a company’s mission. “Trust is built up over time. It’s very difficult to establish trust overnight. It’s all about people working together to achieve a goal. I think it’s easier if you have a common goal that you’re aiming for, then you can work on the details of establishing that trust. At Alibaba, from day one, we had a mission. The mission is to make it easy to do business anywhere because we wanted to help small businesses to use the internet platform to aspire globally. And that’s something that stayed true to us even today. So, our mission 26 years ago is the same mission today.”

He also highlighted how there are benefits to being a Chinese company but localization and cultural understanding remain key to success. “China today is recognized globally, especially in technology. People do look to China when it comes to AI, consumer internet, and cloud computing. China is definitely a heavyweight player in the global market, and for Alibaba being in the Chinese market because approximately 80%+ of our revenues still come from China. We do get recognized globally because China is a big country and a very important country in the whole global technology race.”

Talking about the future of technology he said “We’ve done very well with AI and large language models, AI is able to understand knowledge, and now able to reason. But spatial intelligence is where there still needs to be more advances in order for the robotics industry to move forward”.

BEYOND Expo included discussions about SportsTech. As Joe Tsai explained how the Brooklyn Nets can become a cultural concept and a global brand that extends beyond basketball. NIP Group CEO and the Macau E-Sports Federation Chairman Mario Ho shared his vision for the future of e-sports. Sports featured prominently throughout the Expo, with a popular demonstration arena set up the NBA, sports technology solutions from cycling to tennis, and exhibitor visits by former NBA stars Yao Ming and Metta World Peace.

BEYOND Expo’s Fund at First Pitch (FAFP) aims to encourage innovation and attract investment funding for winners. JumpStart Media Executive Chairman James Kwan chaired the 2025 Fund at First Pitch. Judges included Artest Management Group (AMG) Chairman, Metta World Peace; Gobi Partners Co-founder and Chairperson Thomas Tsao, and Lingotto Innovation Managing Partner & Co-Head Morgan Samet who quizzed five finalists and gave company valuations as they pitched their ideas. Gobi Partners is a leading Asia-focused venture capital firm with US$1.6 billion in assets under management (AUM) which has invested in over 380 startups. Lingotto Innovation is an investment company wholly owned by Exor which is owned by the Italian Agelli family. Innovative technology investments include Neura Robotics and Optalysys.

Finalists of ‘Fund at First Pitch’ were AI Green Limited, with a 100% bio-based polyurethane formulation for coatings that is bio-based, carbon-reducing, affordable, waterproof, recyclable, and durable. EcoLution is a Finnish-Chinese JV promoting low-carbon farming by upcycling by-products such as tofu. Healytec is a sports recovery tech company with a portable, lightweight hot and cold recovery device that reaches from +45 degrees to -10 creating a new standard in the market. AI4C is an AI agent that can connect to existing systems such as enterprise systems, including CRM, ERP, office automation to create greater efficiencies. 11Talk is an AI language-learning app tailored to the needs of Chinese learners. Past years of Fund at First Pitch have resulted in millions of dollars of funding.

BEYOND Expo Closing Ceremony @ The Venetian® Macao’s Cotai Expo

BEYOND Expo 2025 was held at The Venetian® Macao’s Cotai Expo. Since opening, Cotai Expo has been a leading conference, meetings and exhibition venue in Macao, and is one of the largest MICE venues in Asia, with approximately 71,000 square metres of exhibition space. It is also part of Sands® Resorts Macao, which attracts top event planners from around the world due to its 150,000 square metres of MICE space, world-class entertainment venues, award-winning accommodation, spectacular recreation and leisure options, unrivalled shopping experiences, and dynamic dining options. Sands Resorts Macao’s newest hotel, located within The Londoner® Macao, is Londoner Grand, which marks a bold new chapter in luxury for discerning travellers and event planners.

About BEYOND Expo

The BEYOND International Technology Innovation Expo (BEYOND Expo) is Asia’s leading annual technology event. Serving as a dynamic platform since 2021, BEYOND Expo not only showcases global technological innovations but also provides a unique opportunity to foster innovation upgrades across diverse industries and regions.

BEYOND Expo has attracted participation from Asia’s Fortune 500 companies, multinational corporations, unicorn companies, and emerging startups. Through a multifaceted approach involving expos, summits, and various activities, BEYOND Expo has successfully cultivated an innovative ecosystem, propelling collective development in the Asia-Pacific region and the global technology innovation industry. www.beyondexpo.com

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SOURCE Beyond EXPO

HONG KONG, May 28, 2025 /PRNewswire/ — CSOP Asset Management Limited (CSOP), one of Asia’s largest ETF issuers and a pioneer in leveraged and inverse products (L&I products), announces the launch of the CSOP Samsung Electronics Daily (2x) Leveraged Product (HKD counter: 7747.HK,  USD counter: 9747.HK) and CSOP Samsung Electronics Daily (-2x) Inverse Product (HKD counter: 7347.HK,  USD counter: 9347.HK) on the Hong Kong Stock Exchange (HKEX) on 28 May 2025. These groundbreaking products—the world’s only L&I products tracking Samsung Electronics—are designed to empower investors with strategic tools to capitalize on short-term volatility and hedge risks in Korea’s most iconic stock, now accessible in a time zone-aligned market, following the successful launch of Asia’s first batch of nine single stock L&I products in Hong Kong in March 2025.

Samsung Electronics (Samsung), a global tech titan, dominates as Korea’s largest publicly traded company by market capitalization, and is consistently included in the world’s top listed companies by market value with 5.16 million domestic shareholders[1]. Nevertheless, no L&I products for Samsung are available in the global market. However, Hong Kong’s proximity to Korean trading hours (vs. U.S./Europe) and CSOP’s expertise in L&I products solutions position these L&I products as a game-changer for tactical trading and hedging.

In order to track the two times daily performance and two times inverse of the daily performance (before fees and expenses) of the common stock of Samsung Electronics Co Ltd, the two products deploy a swap-based synthetic replication strategy, with a listing price of about 7.8 HKD (1 USD) per unit, trading lot of 100, and management fee of 1.6% of the ETF’s net asset value per year.

For investors who are bullish on Samsung, leveraged product can help them gain greater exposure to Samsung, while inverse product can serve as a hedging tool during short-term volatility in Samsung’s share price. For investors seeking tactical positioning during regional trading hours, instruments such as Samsung L&I products offer efficient exposure adjustment capabilities. L&I products offer several advantages, including no margin calls, zero collateral requirements, no financing costs, transparent pricing and capped maximum leverage.

“We are pleased to announce the listing of CSOP Samsung Electronics Daily (2x) Leveraged Product and CSOP Samsung Electronics Daily (-2x) Inverse Product on the Hong Kong Stock Exchange.” said, Ms. Ding Chen, CEO of CSOP Asset Management “As a leading ETF issuer in the APAC region with a 99% market share in leveraged and inverse products in Hong Kong[2], CSOP is committed to offering diversified investment options. The introduction of Samsung Electronics’ only L&I products globally in Hong Kong offers chances to capitalize on short-term market fluctuations.”

As Korea’s largest publicly traded company by market capitalization, Samsung dominates global markets through its four core divisions: 1) Semiconductors, 2) Display Panels, 3) Mobile Communications, and 4) Consumer Electronics[3]. The company holds world leadership positions across key sectors, serving as the largest manufacturer of OLED panels, televisions, smartphones, and DRAM memory chips[4]. Its semiconductor division ranks among Asia’s top two producers, contributing to Samsung’s consistent inclusion in the world’s top 50 listed companies by market value[5].

About CSOP Asset Management
For over a decade, CSOP has successfully established itself as one of the leading ETF issuers in Hong Kong, with second largest AUM and demonstrated innovative product development. As of 31 March 2025, the total AUM of CSOP reached 23.5 billion USD by building a healthy ETF ecosystem and managing 56 ETPs and 3 mutual funds in Hong Kong and Singapore markets*. In 2025, 5 out of the top 10 most actively traded ETFs/ETPs in Hong Kong are managed by CSOP**.

Asia’s First batch of Single Stock Leveraged & Inverse Products on HKEX

*Source: CSOP
** Source: Bloomberg, from 1 January 2025 to 31 March 2025

Disclaimer and Important Notices

NONE OF THE SUB-FUNDS (“SUB-FUNDS”) MENTIONED IN THIS DOCUMENT, CSOP LEVERAGED AND INVERSE SERIES AND CSOP ASSET MANAGEMENT LIMITED (“CSOP”) ARE AFFILIATED WITH THE CORRESPONDING COMPANIES OF THE UNDERLYING SECURITIES OF THE SUB-FUNDS (THE “CORRESPONDING COMPANIES”).

The Corresponding Companies do not sponsor or endorse the offering of the Sub-Funds, nor are they involved with the Sub-Funds in any way. Investing in the Sub-Funds is not equivalent to investing in the Corresponding Companies. Investors have no ownership rights in the Corresponding Companies. Investors in the Sub-Funds will not have voting rights and will not be able to influence management of the Corresponding Companies but will be exposed to the performance of the relevant securities of the Corresponding Companies.

The Sub-Funds are authorized by the Securities and Futures Commission (“SFC”) in Hong Kong. Such authorization does not imply any official recommendation by the SFC. This document is for general information only and does not constitute any kind of advice in any way and shall not be considered as an offer or solicitation to deal in any investment products. If you wish to receive advice on investment, please consult your professional legal, tax and financial advisers.

Investment involves risks. Investors should refer to the Prospectus and the Product Key Facts Statement for further details, including product features and risk factors. This document is not applicable in jurisdictions where the distribution of this document is restricted.

This document is not legally binding. CSOP takes no responsibility for the contents of this document and expressly disclaim any liability for any loss arising from or in reliance upon the whole or any part of the contents of this document. Any information or any part of this document should not be copied, reproduced, or distributed to any parties without the written consent of CSOP.

The Sub-Funds are leveraged and inverse products. They are different from conventional exchange traded funds. Each of the Sub-Funds is concentrated in a single underlying stock. Given the non-diversified and leveraged and inverse nature, the Sub-Funds are subject to extreme price volatility and may become non-viable within a short period. The Sub-Funds only targets sophisticated trading-oriented investors who understand the potential consequences of seeking daily leveraged or inverse results. Under exceptional circumstances where the Sub-Funds become non-viable, CSOP may use its discretion to deviate from the investment strategy or take defensive measures, which may include liquidating swap positions and suspending trading of the Sub-Funds and CSOP will issue a notice to inform investors.

The Sub-Funds are not intended for holding longer than one day as the performance of the Sub-Funds over a longer period may deviate from and be uncorrelated to the leveraged or inverse performance of the underlying stocks over the period. The Sub-Funds are designed to be used for short term trading or hedging purposes, and are not intended for long term investment.

This document is prepared and issued by CSOP and has not been reviewed by the SFC in Hong Kong.

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SOURCE CSOP Asset Management

VANCOUVER, BC, May 27, 2025 /CNW/ — GreenPower Motor Company Inc. (Nasdaq: GP) (TSXV: GPV) (“GreenPower” and the “Company”), a leading manufacturer and distributor of all-electric, purpose-built, zero-emission medium and heavy-duty vehicles serving the cargo and delivery market, shuttle and transit space and school bus sector, announces the second tranche of its previously announced secured term loan offering for an aggregate principal amount of U.S. $500,000 (collectively, the “Loans”). Please refer to the Company’s news release dated May 13, 2025 for more details regarding the term loan offering.

The Company anticipates closing the second tranche of U.S. $500,000 from companies associated with the CEO and a Director of the Company (together, the “Lenders”). Management anticipates that the Company will allocate the net proceeds from the Loans towards production costs, supplier payments, payroll and working capital.

As an inducement for the Loans, the Company will issue non-transferable share purchase warrants (each, a “Loan Bonus Warrant”) to one of the Lenders, with the number of Loan Bonus Warrants to be determined by the principal amount of the applicable Loan divided by the Market Price (as such term is defined in the Policies of the TSX Venture Exchange)(the “Market Price”). Each Loan Bonus Warrant will entitle the holder to purchase one common share of the Company (each, a “Share”) at an exercise price equal to the Market Price of the Shares on the closing date for a period of twenty-four (24) months. In addition, two Lenders will be issued Shares (each a “Loan Bonus Share“), with the number of Loan Bonus Shares to be determined by taking 20% of principal amount of the applicable Loans divided by the Market Price.

The Lenders are each considered to be a “related party” within the meaning of Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (“MI 61-101”) and each of the Loans and issuance of Loan Bonus Warrants and Loan Bonus Shares, as applicable, is considered to be a “related party transaction” within the meaning of MI 61-101 but each is exempt from the formal valuation requirement and minority approval requirements of MI 61-101 by virtue of the exemptions contained in section 5.5(a) and 5.7(a) as the fair market value, in each case, of the Loans, the Loan Bonus Warrants and the Loan Bonus Shares, as applicable, is not more than 25% of the Company’s market capitalization.

All securities issued in connection with the Loans will be subject to a statutory hold period of four months plus a day from the closing of the Initial Loan in accordance with applicable securities legislation.

For further information contact:

Fraser Atkinson, CEO
(604) 220-8048

Brendan Riley, President
(510) 910-3377

Michael Sieffert, CFO
(604) 563-4144

About GreenPower Motor Company Inc.
GreenPower designs, builds and distributes a full suite of high-floor and low-floor all-electric medium and heavy-duty vehicles, including transit buses, school buses, shuttles, cargo van and a cab and chassis.  GreenPower employs a clean-sheet design to manufacture all-electric vehicles that are purpose built to be battery powered with zero emissions while integrating global suppliers for key components. This OEM platform allows GreenPower to meet the specifications of various operators while providing standard parts for ease of maintenance and accessibility for warranty requirements. GreenPower was founded in Vancouver, Canada with primary operational facilities in southern California. Listed on the Toronto exchange since November 2015, GreenPower completed its U.S. IPO and NASDAQ listing in August 2020. For further information go to www.greenpowermotor.com

Forward-Looking Statements

This news release includes certain “forward-looking statements” under applicable Canadian securities legislation that are not historical facts. Forward-looking statements are not based on historical facts, but rather on current expectations and projections about future events, and are therefore subject to risks and uncertainties which could cause actual results to differ materially from the future results expressed or implied by the forward-looking statements. These statements generally can be identified by the use of forward-looking words such as “upon”, “may”, “should”, “will”, “could”, “intend”, “estimate”, “plan”, “anticipate”, “expect”, “believe” or “continue”, or the negative thereof or similar variations. Forward-looking statements in this news release include, but are not limited to, statements with respect to the expectations of management regarding the use of proceeds of the Loan. Although the Company believes that and the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. Such forward-looking statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements including that the proceeds of the Loan may not be used as stated in this news release, and those additional risks set out in the Company’s public documents filed on SEDAR+ at www.sedarplus.ca and with the United States Securities and Exchange Commission filed on EDGAR at www.sec.gov. Although the Company believes that the assumptions and factors used in preparing the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. Except where required by law, the Company disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.  ©2025 GreenPower Motor Company Inc. All rights reserved.

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SOURCE GreenPower Motor Company