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- Watch & Clock Fair, Salon de TIME return this SeptemberThe 45th Hong Kong Watch & Clock Fair and the 14th Salon de TIME, jointly organised by the Hong Kong Trade Development Council (HKTDC), Hong Kong Watch Manufacturers Association Limited, and the Federation of Hong Kong Watch Trades & Industries Limited, will be held from 1 to 5 September at the Hong Kong Convention and Exhibition Centre (HKCEC). Salon de TIME will be fully open to the public throughout the event. The 45th HKTDC Hong Kong Watch & Clock Fair and 14th Salon de TIME take place from 1 to 5 September at the Hong Kong Convention and Exhibition Centre. Introducing fair highlights at a press conference are Smilely Lam, HKTDC Associate Executive Director (fifth from the left), SK Chong (fourth from the right) and Frankie Lam (fourth from the left), Co-Chairmen, HKTDC Hong Kong Watch & Clock Fair Organising Committee 2026, and celebrity Joey Thye (fifth from the right). Under the theme “Sparkling Moments Through Time”, the two fairs are expected to attract more than 630 exhibitors from 16 countries and regions, showcasing a wide range of watches, clocks and related products to meet evolving market trends and consumer demand. The Click2Match AI-powered business matching platform has been available since 25 August and will remain open until 12 September, enabling exhibitors and buyers from around the world to connect and conduct business discussions online during and beyond the physical fairs. Hong Kong Watch & Clock Fair marks 45th Milestone HKTDC Associate Executive Director Smilely Lam said: “The Hong Kong Watch & Clock Fair and Salon de TIME together form the world's largest one-stop watch and clock marketplace. As the Hong Kong Watch & Clock Fair celebrates its 45th edition this year, the two fairs are continuing to grow in both international reach and diversity, leveraging Hong Kong’s strengths as an international trading hub and Asia’s premier sourcing centre for watches and clocks. This year’s fairs welcome, for the first time, a pavilion from Hengyang, Hunan Province, alongside group pavilions from France, Switzerland, Guangzhou and Taiwan. New exhibitors from Norway, Singapore and the US are joining this year's fair, further strengthening the international profile of the fairs. Salon de TIME is expected to feature more than 150 global brands, reaching a new post-pandemic high. Participation from Hong Kong brands and Guochao-inspired brands has increased by more than 20%, while more brands from Italy, the United Kingdom and the US are joining, alongside the debut of Singaporean brands. This fully demonstrates Hong Kong’s unique role as an important bridge connecting the Chinese Mainland with international markets, as well as the global watch industry’s confidence in the Hong Kong market.” According to the latest trade statistics, Hong Kong is the world’s largest importer and second largest exporter of wristwatches. In the first seven months of this year, the total export value of watches reached approximately HK$30.5 billion, representing a 7.8% year-on-year increase. Several other Hong Kong export markets recorded double-digit growth, including Germany (+21%), Switzerland (+25%) and the United Arab Emirates (+91%). In addition, the watch industry’s export confidence index rose from 50.4 to 51.9 in the second quarter, reflecting the industry’s cautiously optimistic outlook for exports. Microbrand participation doubles, bringing greater diversity to the fair Located in Hall 3FG, Salon de TIME features six themed zones: World Brand Piazza, Chic & Trendy, Craft Treasure, Renaissance Moment, Wearable Tech, and Microbrands. The Microbrands zone has attracted 29 brands from eight countries and regions, with both the number of participating brands and the number of represented countries and regions doubling compared with last year. World Brand Piazza showcases prestigious international watch brands For the 16th consecutive year, the World Brand Piazza zone is organised in partnership with Prince Jewellery & Watch, featuring limited-edition and rare timepieces from some of the world’s most prestigious watch brands. This year, Prince Jewellery & Watch will showcase exceptional creations from six internationally renowned brands: Baume & Mercier, Corum, DeWitt, Franck Muller, Montblanc and Sarcar. World Brand Piazza will feature a selection of limited-edition and highly collectible timepieces. Among the highlights, Franck Muller will present a ladies’ watch created in collaboration with French street artist Jisbar, marking the second partnership between the two parties. The brand will also host a product introduction seminar on 2 September titled “Franck Muller 2026 WPHH Novelties ‘Vanguard Lady Crazy Hours Jisbar’”. Meanwhile, Sarcar has specially created a unique platinum version of its Medusa timepiece exclusively for the World Brand Piazza. The one-of-a-kind watch is set with 228 diamonds, complemented by red garnets and green agates, showcasing exceptional high jewellery craftsmanship. Two marquise-cut diamonds are used to represent Medusa’s eyes. At the same time, the signature snake-hair motif extends seamlessly from the dial to the case and lugs, all meticulously sculpted from solid gold, offering the charm of ancient Roman stone sculptures of beautiful women. The Renaissance Moment zone will also welcome the debut appearance of WOLF, the luxury watch storage box and winder brand from the United Kingdom. Built around the concept of preserving heritage, WOLF provides professional care solutions for high-end mechanical timepieces. On the opening day of the fair (1 September), the brand will unveil its latest innovation, The Rocket, the world's most compact travel watch winder, highlighting WOLF's commitment to innovative design and exceptional craftsmanship. Guochao timepieces showcase the strength of Chinese watchmaking Designs incorporating traditional Chinese cultural elements have gained strong market appeal in recent years. This year, Salon de TIME will bring together five leading independent watchmakers from the Chinese Mainland, all of whom will attend the fair in person. The Académie Horlogère des Créateurs Indépendants (AHCI) which is widely regarded as one of the most prestigious independent watchmaking institutions, maintains exceptionally stringent membership requirements. Currently, only four AHCI members are from the Chinese Mainland, and this year's exhibition will feature three of them including Xushu Ma, who was the first watchmaker from the Chinese Mainland admitted to the association, as well as Zehua Tan and Lin Yong Hua. The opportunity to see such a distinguished line-up in one place is particularly rare. In addition, several Guochao-inspired brands and Chinese watchmakers will showcase their outstanding creations. Highlights include: Chinese watchmaker Qian Guobiao will present the limited-edition AB-05S “Skylight Sun”, restricted to just 18 pieces worldwide. The self-developed AB-05 manual-winding movement powers the timepiece. At the same time, its semi-skeletonized dial reveals the balance wheel and gear train, highlighting the watch's intricate mechanics and technical expertise. Shanghai Watch will present the ORIGINATE Collection A623 Revival Watch, a modern recreation of China’s first calendar watch, modelling after the original A623 timepiece worn for many years by Zhou Enlai, the first Premier of the People’s Republic of China. The brand will also unveil the Hong Kong Exclusive Edition featuring two interchangeable straps in grey and green, with colours inspired by the Zhongshan suits frequently worn by Premier Zhou, evoking a spirit and memory that transcend generations. Award-winning timepieces showcase innovation and craftsmanship This year’s fair brings together award-winning timepieces, highlighting the watch industry’s pursuit of technical excellence and design innovation. Highlights include: AGELOCER’s 29.51-Day MoonPhase Original Astronomer reimagines the traditional moon phase display by featuring an industry-first 28.5mm oversized moon phase aperture. Blending astronomical imagery with mechanical aesthetics, the timepiece has earned nine international design awards, including the German Design Award 2022, MUSE Design Awards Gold 2023, and European Design Award 2023. Making its debut at the exhibition, Singaporean brand Vario will present the Vario VERSA Reversible Dual Time Watch. With an innovative reversible case design, the watch features two independent dials, each showing a different time zone. Users can easily switch between the two displays, making it a practical companion for international travellers. The unique design earned the watch the 2025 iF Design Award. Collaborations, innovation and limited-edition collectibles cater to diverse market tastes The fairs will also feature collaborative, limited-edition, and debut timepieces, showcasing different styles and innovations to meet evolving consumer preferences, including: LINK2CARE has partnered with Swiss watch brand MARVIN to launch a luxury smartwatch that integrates LINK2CARE’s patented leather strap with concealed medical-grade vital sensor. The watch provides comprehensive health monitoring capabilities, including real-time tracking of mental resilience and stress levels, with data displayed directly on the watch dial. This year’s two major overseas pavilions, the Swiss Independent Watchmakers Pavilion (SIWP) and France’s Francéclat, together with other European exhibitors, will bring together around 80 brands from across Europe. Among the highlights, Swiss watchmaker Pilo & Co Genève will showcase the Corleone Mini Collection, created to celebrate the brand’s 25th anniversary. Reimagining the iconic Corleone design as a refined ladies’ timepiece, the collection blends elegance with contemporary sophistication, with each colour variant limited to just 10 pieces worldwide. Several product zones showcase industry strength; Time Tunnel celebrates 45th edition The Hong Kong Watch & Clock Fair, to be held in Hall 1, features seven dedicated product zones. Among them, Pageant of Eternity will showcase premium finished watches from Original Equipment Manufacturers (OEM) and Original Design Manufacturers (ODM). One example is Hong Kong exhibitor Time Grand Ltd, which has more than 20 years of experience in product development, engineering design, and manufacturing services for global watch brands. Through its network of partnerships with Swiss watchmaking companies, the firm offers one-stop watchmaking solutions, demonstrating the strength of Hong Kong’s watch industry in connecting international watchmaking markets. Other zones include Complete Watches, Clocks, Machinery & Equipment, Packaging & Display, Parts, Components & Accessories. To celebrate the 45th edition of the Hong Kong Watch & Clock Fair, organisers will present a special “Time Tunnel” exhibition, taking visitors on a journey through three key stages in the fair’s evolution since its debut in 1982. The exhibition will revisit the period from the 1980s to the 1990s, when the fair established itself as a major global sourcing platform for the watch and clock industry. It then traces the transformation of Hong Kong’s watch industry between 2000 and 2020, as the sector evolved from OEM manufacturing toward brand development, with the fair becoming an important platform for industry promotion, networking, and exchange. The final section covers the period from 2020 to the present, when the fair expanded beyond manufacturing, sourcing, and brand promotion. Through cross-sector collaboration and the integration of resources from different industries, it has evolved into a multifaceted platform that brings together craftsmanship, design, technology, lifestyle, culture and consumer engagement, reflecting the continuous transformation of both the watch industry and the fair itself. Experts to share insights on emerging global watch industry trends More than 40 events will take place throughout the fair, including forums, seminars, watch parades, and networking activities, giving industry professionals valuable insights into the latest market developments and business opportunities. On the opening day (1 September), the Hong Kong International Watch Forum will bring together leaders of watch industry associations from Chinese Mainland, Germany, France, Switzerland, Japan and Korea to share the latest trade statistics and industry trends in their respective markets. Speakers will also explore new opportunities arising from the convergence of traditional watchmaking craftsmanship and technological innovation. On the second day (2 September), the Asian Watch Conference will be held under the theme “Hong Kong as the hub of International Watch Trades”. Senior analysts from international research firm Euromonitor International (Hong Kong) will present the latest developments in the global watch market. Representatives from online watch resale platform Chrono24 will discuss how businesses can connect with global demand through digital channels. At the same time, speakers from Lazada HK will share insights on how to leverage e-commerce platforms to accelerate market expansion and reach new customer segments. The 43rd Hong Kong Watch & Clock Design Competition, jointly organised by the HKTDC, the Hong Kong Watch Manufacturers Association Limited, and the Federation of Hong Kong Watch Trades & Industries Limited, aims to promote watch design exchanges and nurture local talent. This year, the themes for the Open Group and Student Group are “Transcending Time” and “Contours of the Breeze” respectively. The competition will continue to feature The Made-to-sell Award, recognising student entries with outstanding commercial potential. The award presentation ceremony will be held on 5 September at the fair’s event stage, with celebrity Joey Thye attending as a guest. Public activities and lucky draws offer an exciting visitor experience Salon de TIME will host a variety of special activities and luxury watch showcases open to the public. Among the highlights, renowned watch art specialist and collector Labeg will lead a workshop on 4 September, demonstrating how to craft wristwatches from corrugated cardboard. This year, the exhibition also introduces the “Time Arena” activity zone, combining sports and luxury watch elements to offer visitors a fresh and interactive experience. A key feature will be the “Watch2Care Smart x Lifestyle Experience Days”, taking place from 4 to 5 September, featuring a range of interactive activities. Visitors will also have the opportunity to try pickleball, one of the fastest-growing sports in recent years. Other highlights include yoga and body mobility sessions, watch parades, and product launch events. Memorigin will unveil the Verdant Resonance Tourbillon watch, and invite several celebrity guests to attend its activities, including celebrity Vic Teo, Hong Kong basketball star Wong Lut Yiu, and renowned face-changing performer Hathor Wai. A Lucky Draw will be held daily throughout the fair, offering visitors the chance to win premium watches sponsored by brands including Memorigin, SAGA, ELMER INGO, Allied Asia Enterprise (PVT) Limited, Alexus Christy, Claudia Koch and FOKSY. In addition, CENTRESTAGE, Hong Kong’s premier fashion event, will take place concurrently at the HKCEC from 2 to 5 September, bringing together fashion brands and designer collections from around the world. The co-location of the events will create strong synergies, allowing visitors to explore the latest collections from more than 400 watch and fashion brands under one roof. Photo download: https://bit.ly/4xqIloM The 45th HKTDC Hong Kong Watch & Clock Fair and 14th Salon de TIME take place from 1 to 5 September at the Hong Kong Convention and Exhibition Centre. Introducing fair highlights at a press conference are Smilely Lam, HKTDC Associate Executive Director (fifth from the left), SK Chong (fourth from the right) and Frankie Lam (fourth from the left), Co-Chairmen, HKTDC Hong Kong Watch & Clock Fair Organising Committee 2026, and celebrity Joey Thye (fifth from the right). Celebrity Joey Thye to host exclusive watch unboxing session, showcasing eight timepieces. The World Brand Piazza, organised in partnership with Prince Jewellery & Watch for the 16th consecutive year, has long been one of the exhibition’s signature attractions and remains a favourite among watch collectors. This year, Prince Jewellery & Watch is presenting luxury creations from six internationally renowned watch brands, including the Vanguard Lady Crazy Hours Jisbar (left), a collaboration between Franck Muller and French street artist Jisbar, as well as a unique platinum version of the Medusa timepiece (right) created exclusively for the exhibition by Sarcar. Chinese watchmaker Qian Guobiao will present the limited-edition AB-05S “Skylight Sun”, restricted to just 18 pieces worldwide. The self-developed AB-05 manual-winding movement powers the timepiece. At the same time, its semi-skeletonized dial reveals the balance wheel and gear train, highlighting the watch's intricate mechanics and technical expertise. AGELOCER’s 29.51-Day MoonPhase Original Astronomer reimagines the traditional moon phase display by featuring an industry-first 28.5mm oversized moon phase aperture. Blending astronomical imagery with mechanical aesthetics, the timepiece has earned nine international design awards, including the German Design Award 2022, MUSE Design Awards Gold 2023, and European Design Award 2023. Vario VERSA Reversible Dual Time Watch’s innovative reversible case design, the watch features two independent dials, each showing a different time zone. Users can easily switch between the two displays, making it a practical companion for international travellers. The unique design earned the watch the 2025 iF Design Award. LINK2CARE has partnered with Swiss watch brand MARVIN to launch a luxury smartwatch that integrates LINK2CARE’s patented leather strap with concealed medical-grade biometric sensors. The watch provides comprehensive health monitoring capabilities, including real-time tracking of resilience and stress levels, with data displayed directly on the watch dial. Memorigin will unveil the “Verdant Resonance Tourbillon watch”, inspired by the refined lifestyle of ancient Chinese scholars, particularly the tradition of playing the zither while enjoying incense. It combines Chinese cultural aesthetics with contemporary haute horlogerie craftsmanship. The 43rd Hong Kong Watch & Clock Design Competition features two categories, the Open Group and the Student Group, with design themes of “Transcending Time” and “Contours of the Breeze” respectively. Award-winning and shortlisted entries will be exhibited throughout the fair, showcasing the creativity and design talent of Hong Kong’s emerging and established watch designers. Photo shows representatives of the watch and clock industry together with the competition judges. Websites: Hong Kong Watch & Clock Fair: https://www.hktdc.com/event/hkwatchfair/en Salon de TIME: https://www.hktdc.com/event/te/en Media enquiries Please contact the HKTDC’s Communications & Public Affairs Department: Johnny Tsui Tel: (852) 2584 4395 Email : [email protected] About HKTDC The Hong Kong Trade Development Council (HKTDC) celebrates its 60th anniversary this year. The HKTDC is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in the Chinese Mainland, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus.
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- Seegnal Inc. Announces Closing of First Tranche and Upsize and Extension of Private PlacementSeegnal Inc. (TSXV: SEGN) (“Seegnal” or the “Company”), a global leader in SaaS clinical decision support solutions, is pleased to announce, further to its news releases dated June 2, 2026 and July 21, 2026, that it has closed the first tranche (“Tranche 1”) of its previously announced non-brokered private placement of units in the capital of the Company (each, a “Unit”). The Company is also pleased to announce that it has upsized the private placement to up to CDN$1,850,000 and is expected to close the second tranche by September 30, 2026.
- China Shengmu Returns to Profitability in 1H2026 with Revenue Up 7.1% and Profit Attributable to Owners Reaches RMB64.0 MillionHighlights (RMB thousand) Six months ended 30 June Year-on-Year (“YoY”) Change 2026 2025 Revenue 1,546,145 1,444,274 7.1% Gross profit 447,839 364,866 22.7% Profit/(loss) for the period 19,454 (45,601) N/A Profit/(loss) attributable to owners of the parent company 64,007 (48,322) N/A Raw milk sales volume (tons) 424,902 372,973 13.9% Annualized milk yield per milkable cow (tons/year head) 13.14 12.27 +7,1% Cost of sales per kilogram of milk (RMB/kg) 2.58 2.89 -10.7% HONG KONG, August 27, 2026 - China Shengmu Organic Milk Limited (“China Shengmu” or the “Group”) (Stock Code: 1432.HK), the organic raw milk producer in China, today announced its financial results for the six months ended June 30, 2026 (the “Period” or “1H 2026”). In the first half of 2026, as the raw milk industry continued to undergo supply-demand rebalancing and end-market demand remained under pressure, the Group adhered to its operating strategy of “production based on demand, controlling volume while improving quality, and prioritizing efficiency”. The Group continued to focus on improving milk yield, optimizing its herd structure, and enhancing cost efficiency. During the Period, the Group recorded sales revenue of RMB1,546.1 million, representing a year-on-year increase of 7.1%. Gross profit increased by 22.7% year-on-year to RMB447.8 million, with gross profit margin improving from 25.3% to 29.0%. Profit attributable to owners of the parent amounted to RMB64.0 million, compared with a loss of RMB48.3 million in the same period last year, marking a return to profitability. The Group’s annualized yield per milking cow further increased to 13.14 tons, representing a year-on-year increase of 7.1% and a new historical high. This drove raw milk sales volume to 424,902 tons in the first half of the year, representing a year-on-year increase of 13.9%. Premium raw milk accounted for 79.5% of total raw milk sales, while the Group continued to enrich its product portfolio with differentiated products, including organic raw milk, organic A2 raw milk, and DHA raw milk. Although the average selling price of raw milk decreased by 6.0% year-on-year during the Period, the Group benefited from higher milk yield, lower feed costs, and refined feeding management. The cost of milk production per kilogram decreased to RMB2.58, representing a year-on-year decrease of 10.7%. As the decline in unit cost exceeded the decline in average selling price, the Group effectively enhanced its earnings resilience amid the industry downturn. During the Period, the Group continued to optimize its herd structure. Total cattle inventory stood at 140,521 head, with milking cows accounting for 48.5%, representing an increase of 0.7 percentage points from the end of 2025. Adhering to its “production based on demand” approach, the Group focused on optimizing low-efficiency and high-parity cows, increasing the proportion of high-efficiency milking cows, and reasonably controlling the scale of replacement heifers. Benefiting from the recovery in beef cattle market prices, the Group further optimized the grading, pricing, and sales management of culled cattle. During the first half of the year, the Group’s feedlot cattle business recorded sales volume of 8,099 head and sales revenue of RMB42.9 million, while net gain surged by 275% to RMB11.0 million, further enhancing the value of the Group’s cattle business across the full life cycle. In terms of smart farming and sustainable development, the Group continued to integrate herd data, environmental monitoring, and equipment operations into its digital management systems. Through the use of tools including wearable collars, thermal imaging, and data analytics, the Group improved the efficiency of heat stress management, precision feeding, and herd health management, while steadily advancing the application of smart feeding systems, robotic milking systems, and electric equipment. Leveraging the resource advantages of the Ulan Buh Desert, the Group continued to enhance its organic circular agriculture system covering “planting–breeding–returning to farmland,” promote the use of high-quality domestically produced forage, and advance manure resource utilization, as well as water- and energy-saving initiatives, further strengthening the distinctive advantages of its desert organic milk source. Mr. ZHANG Jiawang, Chief Executive Officer and Executive Director of China Shengmu, said: “In the first half of 2026, amid continued supply-demand adjustment and the raw milk industry remaining at the bottom of its cycle, China Shengmu further improved the quality of its operations by continuously increasing milk yield, optimizing its herd structure, and reducing unit costs. Raw milk sales volume increased by 13.9% year-on-year, annualized yield per milking cow reached a new historical high, and the cost of milk production per kilogram decreased by 10.7% year-on-year, enabling the Company to return to profitability. Looking ahead, we will continue to prioritize efficiency and maintain prudent operations, consolidate our advantages in organic and differentiated milk sources, deepen collaboration with key customers and industry partners, and continuously enhance asset productivity and profitability.” Looking ahead to the second half of 2026, the Group expects the domestic raw milk industry to remain in a phase of supply-demand rebalancing and recovery from the bottom of the cycle. The Group will continue to adhere to its strategy of “production based on demand, controlling volume while improving quality, and prioritizing efficiency,” further improve herd quality and milk yield, strengthen its cost curve advantage, deepen customer and product collaboration for organic and differentiated raw milk products, and advance digitalization and green production. Following the mandatory cash offer proposed by China Modern Dairy becoming unconditional in all respects on July 20, 2026, the Group will proceed with subsequent industry collaboration in accordance with applicable laws and regulations. While maintaining the distinctive characteristics of its organic milk sources and operational continuity, the Group will prudently assess and unlock potential synergies in areas including centralized procurement, cost management, breeding, and digital management. China Shengmu Organic Milk Limited China Shengmu Organic Milk Limited (“China Shengmu” or the “Group”; stock code: 1432.HK) is an organic raw milk producer in China. The principal business of the Group is dairy farming, production and sales of high-end desert-based organic raw milk and quality non-organic raw milk. The Group focuses on the production and sales of desert-based organic milk, while satisfying the diversified needs of customers for quality raw milk and continues to develop a variety of functional raw milk to enrich the Company’s product combination and enhance its profitability. As of June 30, 2026, China Shengmu owns 34 daily farms, including 1 fattening cow farm. The Company had 140,521 cows in stock. For investor and media enquiry: Christensen China Limited Email: [email protected]
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- MiiHealth AIMiiHealth AI Closes Seed Round for an Undisclosed Amount to Reinvent Patient Intake and Give Providers Back Two Hours a DayPHOENIX, August 26, 2026--MiiHealth AI, maker of the first agentic AI medical assistant purpose-built to automate patient intake, today announced the closing of a seed funding round for an undisclosed amount led by Russell Glass, former CEO of Headspace and founder of Arteria Capital. The round includes participation from a select group of physician angels, healthcare operators, and digital health founders.