Knight Bridge Investment Consultants Limited – Strong Earning Push S&P500 to 5 Month Highs

Earnings Season Starts Positively – S&P500 @ 5mth Highs

The S&P 500 rose to its highest in more than five months and the Dow climbed for a fifth session on Wednesday as solid earnings boosted stocks.

HONG KONG, HONG KONG, HONG KONG, July 19, 2018 / — Knight Bridge’s purpose is to provide access to alternative investment strategies for clients seeking to achieve a diverse and profitable portfolio. Today’s asset allocation landscape is more than just equities and bonds. Our goal is to keep our clients fully informed as to the different alternatives available in today’s climate, maximizing returns and allocating investment products for long-term results that support clients’ retention for their investment cycle.

Major News and Moves

Amazon briefly tops $900 bln in market cap
Morgan Stanley jumps on earnings beat
UAL, CSX results boost transportation stocks
Dow up 0.32 pct, S&P up 0.22 pct, Nasdaq down 0.01 pct

The S&P 500 rose to its highest in more than five months and the Dow climbed for a fifth session on Wednesday as solid earnings boosted financial and industrial stocks and reinforced expectations for a strong second-quarter reporting season.

Upbeat earnings from railroad CSX Corp and airline United Continental helped lift the S&P 500 industrials index, which gained 1.1 percent and was among the day’s best-performing sectors.

Both the Healthcare and the Energy sectors saw gains, both adding close to 5% for July so far making them sectors to keep an eye on.

The Dow Jones Transport Average jumped 2.3 percent, its biggest daily advance in three months.
Although it is still early in the reporting period, estimates for the U.S. earnings season are improving as more companies release results.

S&P 500 earnings are now expected to have increased 21.4 percent in the second quarter, up from an estimate of 20.7 percent on July 1. Of the 48 companies in the index that have reported so far, 87.5 percent posted earnings above analyst expectations.

“We’ve been having this very nice rally,” said Jim Anderson, chief market analyst at Knight Bridge Investment Consultants in Hong Kong. “The reason for that is earnings and valuations.”

“I think the market would be a lot higher right now if it wasn’t for people worried about trade,” Anderson said.

Federal Reserve Chairman Jerome Powell, questioned by members of a House of Representatives committee, repeated on Wednesday that rising world protectionism would over time pose a risk to a U.S. and global expansion that appears largely on track to continue.

The Dow Jones Industrial Average rose 79.4 points, or 0.32 percent, to 25,199.29, the S&P 500 gained 6.07 points, or 0.22 percent, to 2,815.62 and the Nasdaq Composite dropped 0.67 point, or 0.01 percent, to 7,854.44.

Data showed the U.S. housing market continues to be an economic soft spot. Housing starts fell 12.3 percent in June to a nine-month low as homebuilders struggled with higher lumber prices and persistent land and labor shortages.’s stock market value briefly reached $900 billion for the first time, marking a major milestone in its 21-year trajectory as a publicly listed company and threatening to dislodge Apple as Wall Street’s most valuable jewel.

Berkshire Hathaway led the financial sector higher, rising 5.3 percent on news that the company eliminated a restriction on its ability to buy back its own stock.

Morgan Stanley shares rose 2.8 percent after the investment bank reported better-than-expected quarterly profit.

Shares of Google parent Alphabet edged lower after EU antitrust regulators hit the tech company with a record $5 billion fine.

Advancing issues outnumbered declining ones on the NYSE by a 1.21-to-1 ratio; on Nasdaq, a 1.18-to-1 ratio favored advancers.

The S&P 500 posted 30 new 52-week highs and no new lows; the Nasdaq Composite recorded 102 new highs and 47 new lows.

Volume on U.S. exchanges was 6.0 billion shares, compared to the 6.48 billion average over the last 20 trading days.

Even with all of the concerns over potential trade issues between the US, China and Europe, we are still seeing positive economic data coming from these three regions, to find out more about where Knight Bridge Investment Consultants Limited sees value, both domestically and internationally, visit or contact us at for further information.

Charles Wi
Knight Bridge Investment Consultants Limited
email us here

Source: EIN Presswire

New York Corporate Whistleblower Center Now Urges an Analyst or Broker with Proof A Bank or Real Estate Developer Is Lying About Profitability to Inflate the Stock Price to Call About Whistleblower Rewards

Call us at 866-714-6466 if you can prove senior management at a publicly traded company is lying to shareholders about profitability or liabilities.”

— New York Corporate Whistleblower Center

WASHINGTON, DC, USA, July 19, 2018 / — According to the New York Corporate Whistleblower Center, "If you are an employee of a publicly traded bank, mortgage lending company, a real estate developer or a stock broker analyst who watches a company-institution like this very closely-please call us anytime at 866-714-6466 if you can prove senior management is lying about profitability or liabilities. The whistleblower rewards for this type of information can be in the millions of dollars and frequently the whistleblower remains anonymous-his/her name is not disclosed." http://NewYork.CorporateWhistleblower.Com

The Corporate Whistleblower Center would like to hear from mortgage, banking or real estate developer employees or insiders with proof of the following:

* A shopping center or multi-family apartment REIT CEO who is lying to shareholders about profits or long-term outlook.
* A bank CEO who is lying to their customers about mortgage fees, and or the buyer receiving the 'best possible interest rates' or title insurance costs or related fees.
* Bank senior management that is gouging bank mortgage borrowers on interest rates, mortgage fees, and associated products such as title insurance where the bank is receiving an illegal kickback.
* A publicly traded home builder that knowingly hires subcontractors that pay no taxes on their employees because-the employees are illegal aliens.
* A national title insurance company that is paying bribes or kickbacks to various real estate brokers nationwide so the brokers will force their clients into using an overpriced title insurance policy.

The New York Corporate Whistleblower Center says, "If you work as a manager for a bank, mortgage lender a real estate developer or a regional or national home builder or you are a stock broker analyst who has proof a company is lying to shareholders about profitability or liabilities please give us a call at 866-714-6466 and let's have a confidential chat about the SEC whistleblower program. This program is all about keeping publicly traded companies honest with their shareholders. Please don't sit on a potentially winning lotto ticket without ever knowing what it might have been worth." http://NewYork.CorporateWhistleblower.Com

Simple rules for a whistleblower from the Corporate Whistleblower Center: Do not go to the government first if you are a potential whistleblower with substantial proof of wrongdoing. The Corporate Whistleblower Center says, “Major whistleblowers frequently go to the government thinking they will help. It’s a huge mistake. Do not go to the news media with your whistleblower information. Public revelation of a whistleblower’s information could destroy any prospect for a reward. Do not try to force a company/employer or individual to come clean about significant lying to their shareholders, Medicare fraud, overbilling the federal government for services never rendered, multi-million-dollar state or federal tax evasion, or a New York based company falsely claiming to be a minority owned business to get preferential treatment on federal or state projects. Come to us first, tell us what type of information you have, and if we think it’s sufficient, we will help you with a focus on you getting rewarded.” http://CorporateWhistleblower.Com

Unlike any group in the US the Corporate Whistleblower Center can assist a potential whistleblower with packaging or building out their information to potentially increase the reward potential. They will also provide the whistleblower with access to some of the most skilled whistleblower attorneys in the nation. For more information a possible whistleblower with substantial proof of wrongdoing anywhere in New York State can contact the Whistleblower Center at 866-714-6466 or contact them via their website at http://NewYork.CorporateWhistleBlower.Com.

For information about a recent SEC whistleblower reward please refer to a July 2017 Securities and Exchange Commission press release on this topic:

Thomas Martin
New York Corporate Whistleblower Center
email us here

Source: EIN Presswire

Glosfer Successfully Establishes ‘Blockchain-based Proposal Evaluation System’ for Yeongdeungpo District


– Success Case of Local Government’s Blockchain Technology Adoption Following Nowon District’s Local Cryptocurrency

SEOUL, REPUBLIC OF KOREA, July 19, 2018 / — Glosfer (CEO Taewon Kim), a first-generation blockchain company in Korea, announced that it has successfully established a blockchain-based proposal evaluation system for Yeongdeungpo District of Seoul, following the commercialization of Nowon Cash, the local cryptocurrency the company developed for Nowon District.

Glosfer applied its blockchain technology to build a transparent proposal evaluation system for the local government that prevents falsification and removes any element of doubt bidders or residents may have in the bidding process.

This blockchain-based proposal evaluation system has garnered much attention as a new case of blockchain technology adoption by a local government.

“With the new system, we will be able to streamline the administrative work of relevant departments included in the proposal evaluation process,” said an official from the Yeongdeungpo District Office, adding that the “evaluation process is expected to become more transparent and reliable.”

CEO Taewon Kim of Glosfer commented that he is “thankful and happy to be able to commercialize the blockchain technology for another local government, having launched the Nowon Cash in Nowon District on February 1.” Kim said that the “proposal evaluation system for Yeongdeungpo District is also where blockchain technology can be applied,” adding that he will “make more effort to create a transparent and fair society.”

Previously, Glosfer helped Nowon District adopt blockchain-based local cryptocurrency, Nowon Cash. Since its adoption, Nowon Cash has been acknowledged as a success case with an increase in usage and volunteer work inquiries.

For inquiries, please contact: Glosfer Inc. (+82-2-6478-7000/

Glosfer Inc
email us here

Source: EIN Presswire

VaporBrands CFO ElenorHodge Named interim CEO Following the Passing of CEO James Hodge

Elenor Hodge VaporBrands CFO has been appointed interim CEO following the passing of its CEO James Hodge earlier this month.

VapoBrands International, Inc. (OTCMKTS:VAPR)

The BOD has full confidence that until such time, the affairs of the organization as well as the initiatives set forth by James while at the helm, will continue to be met moving forward. ”

— VAPR Board of Directors

SPRING HILL , FLORIDA, UNITED STATES, July 18, 2018 / — VaporBrands International, Inc. (OTCPK:VAPR) announced that its CFO Elenor Hodge has been appointed interim CEO following the passing of its CEO James Hodge earlier this month. Elenor has been operating as the Company’s CFO and has worked closely with its now former CEO James Hodge throughout his tenure and will now officially fill his role as a result of his death earlier this month.
James Hodge had long been an executive CEO specializing in successfully re-building public Companies with a reputation for preserving investors well being, and cleaning up distressed companies. James was responsible for bringing all of VaporBrands filings current, re-establishing it as a viable business entity, and in forming partnerships with investors and strategic partners alike.
Elenor will remain in the role of interim CEO/CFO until the Company has identified and hired a permanent CEO. In the meantime, however, the Board of Directors has full confidence that until such time, the affairs of the organization as well as the initiatives set forth by James while at the helm, will continue to be met and move forward.

VaporBrands International, Inc. is a marketing and development partner for manufacturers of electronic cigarettes. Electronic cigarettes represent the future of smoking; they produce no smoke, tar, ash or offensive odor while containing about the same amount of nicotine as traditional tobacco cigarettes. Unlike traditional tobacco cigarettes, electronic cigarettes can be used in many public places currently restricted from smoking. VAPR intends to focus on creating opportunities for culturally relevant brands seeking to acquire significant market share in the rapidly growing "vaping" sector of the global marketplace.

Elenor Hodge
VaporBrands International. Inc.
email us here

Source: EIN Presswire Announced Winner of 2018 Los Angeles City Blockchain Alternative Capital Summit ICO Pitch Competition

We're happy to announce that Peter Voss Founder of is the Winner of our Los Angeles Blockchain Alternative Capital Summit ICO Pitch Competition.

LOS ANGELES, CALIFORNIA, USA, July 18, 2018 / — Announced Winner of Los Angeles City Blockchain Alternative Capital Summit ICO Pitch Competition 2018

Los Angeles – [July 18] – David Whiting and Paulson Ambookan, Co-Founders, are excited to Announce as the confirmed Winner of the 2018 Los Angeles Blockchain Alternative Capital Summit at the 2018 Los Angeles Blockchain Alternative Capital Summit, June 19-20 UCLA Humanities Room A51 415 Portola Place.

The contestants pitched at the event and at the Post Gala Event at Expert Dojo in Santa Monica where the winner was announced by our 3 Blockchain Expert Judges June 20th. “I am happy to announce that Peter Voss Founder of is the Winner of our Los Angeles Blockchain Alternative Capital Summit ICO Pitch Competition. We congratulate him and his team for participating against the other ICO’s that competed in Los Angeles.” – David Whiting CEO City

About is the world’s first Personal Personal Assistant (PPA) on Blockchain. The Ecosystem is powered by Aigo technology, developed over 10 years by Inc. cognitive technology is ‘Light Years’ ahead of chatbots like Siri and Alexa and first generation of this technology is already successfully commercialized through in the Call Center space.

What is more, you own and control your Aigo and your data. Aigo’s agenda is to serve your needs and goals. Ownership is secured via the Ethereum blockchain. We believe that your data is your personal property and we will not sell or share your data!

See our demo, website, and whitepaper

About Peter Voss
Peter Voss is a serial entrepreneur in electronics, software systems, AI, and management, who has for the past 20 years been dedicated to advancing Artificial General Intelligence. His particular focus is on creating personal assistants that are highly intelligent and hyper personalized.

About City Blockchain Capital Summit
David Whiting and Paulson Ambookan invite you to participate in the industry’s premier event, the Los Angeles Blockchain Alternative Capital Summit. Held at the new modern UCLA Humanities Building at Portola Place, the Summit is a hyper-networked event collaboratively structured for industry professionals by industry professionals. We design our events for accredited investors who are Crypto Funds, family offices, hedge funds, RIA’s, Institutional investors. Our events provide expert speakers take away heavy programming for morning and lunch speaker panels followed by afternoon one on one speed dating with ICO’s and Fund Managers. Our attendees are regularly a mix of 50% investor, 30% ICO’s and Fund managers seeking capital intros and 20% service providers/sponsors.
Comprehensive resources for blockchain enthusiasts.

What You Know About Blockchain Fintech And What You Don't Know About Blockchain Fintech. We provide information for investors, fund managers, family offices to learn about blockchain, ICO and invest in the next generation technology.
For more information and registration of Los Angeles Blockchain Alternative Capital Summit, please visit:
# # #
Press Contacts:

David Whiting
City Blockchain Summit
email us here

Source: EIN Presswire

In-game Fortnite Interactive Tasks For Streamers Are Now Available On Play2Live

NEW YORK, NEW YORK, UNITED STATES, July 18, 2018 / — Play2Live viewers will be able to compose tasks for streaming Fortnite games and choose different conditions thanks to Neural Networks. They can vote with LUC (Level Up Chain) tokens for tasks and form the price for the streamer’s work.

Play2Live (P2L) – the world’s first decentralized streaming platform for gamers and esports fans – announces that platform users can now assign interactive tasks to streamers in the Fortnite game and monitor their progress, creating a fundamentally new level of interaction between viewers and streamers, and form the economy of LUC token as the solid mean of payment within the platform.

Vladislav Arbatov, Technical Director of the project, confirms that any user of Play2Live platform can now offer a streamer in Fortnite to use specific weapons, equipment, skills within a specified timeframe or on a specific location.

"We are providing unique features for streamers and for their subscribers with the help of which they will be directly affecting the content produced by the streamer. In the game Fortnite, users can ask the player to eliminate 10 opponents using sniper rifles, conduct uninterrupted three hour streams, change the game altogether, etc. Any user can support someone else's tasks using LUC tokens or assign their own tasks." comments Vladislav Arbatov, CTO at Play2Live.

A streamer can select a particular task or several tasks at the same time. If their efforts are successful, they will receive rewards equal to the price set for the task, and in the event of failure, the tokens are returned to the viewers. The question is: how the system would determined if the streamer fulfilled the task? The neural network "watches" the stream and determines with the highest precision whether the task was actually carried out. In fact, the task itself is a smart contract with a deposit in LUC tokens, or an analog of the escrow function with a deposit in LUC tokens for the time allocated for the task performed by the streamer.

The most actively involved users will also receive rewards in tokens, which allows them to gamify their interactions within the platform. Basically, the more active users participate in various activities, the more tokens they earn. Currently, Play2Live is testing the system of interactive tasks on the Fortnite game, but soon, as Arbatov assures, the number of games allowing for interactive tasks will multiply.

Vladislav Arbatov, CTO at Play2Live:

"Interactive tasks are already working successfully in Overwatch, but soon they will be developed for each popular game, and by the end of the year, such functions will be available for more than 300 games. The internal system of neural network training will allow to add new types of events very quickly. We also plan to work closely with the user community and ask the fans what tasks they would consider to be most interesting for any particular game."

Play2Live aims to combine blockchain technology with its streaming services, whilst offering 15 sources of revenue for participants – three times more compared to the streaming industry leaders. Streamers will be able to monetize their content in 11 ways versus the 4-5 available on existing platforms.

About Play2Live

Founded in 2017, Play2Live aims to merge blockchain technology with streaming services. Its mission is to create an ecosystem where every participant — the viewer, the streamer, and the esports tournament organizer — is part of a seamless system that favors interaction among viewers and the diversity of monetization schemes. Everybody can be part of the peer-to-peer interaction, and everybody, even the viewer is able to earn money

Play2Live uses a token called Level Up Coin (LUC) which acts as a sole internal mean of payment within the system. It can be easily converted to other currencies, or to fiat money through a special exchange service/API.

Play2Live achieved hard-cap of token sale in March, 2018, raising $30M.

Sign up for the MVP of the streaming platform here:

Evgeniia Masiuta
email us here

Source: EIN Presswire

Gulf Management Systems Partners with Tan-Link for Dynamic Software and Payment Processing Solutions

ACH Payment Processing

Gulf Management Systems who provides both credit card and ach payment processing now partners with Tan-Link an all in one solution for tanning salons.

CLEARWATER, FL, UNITED STATES, July 18, 2018 / — Gulf Management Systems Partners with Tan-Link for Dynamic Software and Payment Processing Solutions
Gulf’s alternative type of payment system capable of saving merchants up to 80-percent in comparison to credit card processing rates to perfectly complement Tan-Link’s customized tanning salon software package.

Clearwater, FL – June 14, 2018 – Gulf Management Systems, Inc., a Florida-based leader in the electronic payment processing industry, has announced a partnership with Tan-Link, LLC, Texas-based manufacturers of a customized tanning salon software solution, with Gulf’s alternative type of payment system capable of saving merchants up to 80-percent in comparison to credit card processing rates set to perfectly compliment Tan-Link’s constantly-evolving software.

“Gulf Management offers merchant solutions to all business types with a personalized and scalable approach,” explains Charles G. Billone, President of Gulf Management Systems. “Since 1992, we have increased productivity and savings for businesses through our technology and payment solutions, and in partnering with a leader like Tan-Link, we can combine our efforts to bring forward-thinking payment solutions to a myriad of industries – including the tanning salon market.”

Not just another tanning salon software solution, Tan-Link is a service-based organization taking enterprise-grade software to new heights. The company offers customized and total solutions to redefine salons’ online presence, website development, marketing profile and outbound communication, text and social media marketing, past due collection services, point-of-sale and credit card processing, as well as consultation to improve and automate clients’ key business processes.

“Technology is the key to our success, and smart solutions have been developed by our engineers to address common issues many tanning salons face,” says Nash, CEO of TIA Salons, LLC, and Tan-Link, LLC. “In the tanning industry, wherein many salons are struggling to make rent and payroll, powerful sales strategies coupled with effective tanning salon software has proven to be an invaluable tool in the growth of my own businesses; indeed, with a partner like Gulf Management Systems, we’re going to prove other business owners can fully manage, operate and grow their companies through dynamic payment software solutions.”

Gulf Management’s primary focus has always been on growing and maintaining the success of its clients’ businesses through its processing and direct deposit services, culled from industry expertise developed over the 25 years the organization has been in business. Because methods for processing payment are in a constant state of evolution, Gulf representatives routinely stress the importance of an experienced electronic payment processor to provide customized and up-to-date solutions that yield the most savings. Irrespective of whether a business is in the guise of a brick-and-mortar shop or e-store, Gulf Management Systems offers companies the industry’s lowest rates and expert processing strategies.

What’s more, in partnering with many leading software providers, Gulf Management offers its clients the best operational and administrative management solutions paired with minimum costs with regard to payment processing. In also offering ACH processing – said to be among the cheapest methods by which to accept payments – Gulf boasts the capability of saving businesses up to 80-percent in processing compared to credit card processes, with ACH processing and eCheck solutions accepting payment directly from a customer’s bank account.

The company also offers a plethora of other premium services in this sector including credit card processing, remote deposit capture, virtual terminals, payment gateways, e-commerce tactics, GMS Online, recurring payments (EFT), direct deposit and a VIP Payment Program.

About Gulf Management Systems

Gulf Management Systems offers merchant solutions to all business types with a personalized and scalable approach. Since 1992, the company has increased productivity and savings for businesses through technology and payment software solutions. As a leading provider of technology-enabled debit card, credit card, ACH, EFT, e-commerce and direct deposit services, Gulf’s expertise and experience with regard to the needs of all types of businesses speaks for itself.

Gulf Management Systems, Inc. is located at 2753 S.R. 580 Suite 212 in Clearwater and can be reached by calling (855) 847-7764 or (800) 947-3156. For more information visit or email

John Toston
Gulf Management Systems
email us here

Source: EIN Presswire

Glosfer, Shinhan Card Sign MoU for Blockchain-based “Digital Finance” Business

Taewon Kim, CEO of Glosfer with Jungsoo Kim, General manager of Shinhan Card Digital Business Team

Glosfer’s Blockchain Technology to Be Applied to Shinhan Card’s Financial Infrastructure

SEOUL, REPUBLIC OF KOREA, July 18, 2018 / — Glosfer (CEO Taewon Kim), a leader in the Korean blockchain industry, announced on July 9 that it has signed an MoU with the country’s top credit card company Shinhan Card for cooperation on blockchain-based financial services.
The financial sector has been the quickest to adopt blockchain, which has garnered much attention as a core infrastructure technology in the fourth industrial revolution. Glosfer, a developer of future-oriented technology, and Shinhan Card, a provider of the present financial services, will most likely create innovative and practical services for consumers.

Under the MoU, the two companies will pursue mid to long-term cooperation. Glosfer will offer its blockchain-related technology, while Shinhan Card will share its payment-related and financial expertise. In addition, the two companies will jointly research and develop differentiated services for companies or organizations that wish to adopt blockchain-related financial services.

Glosfer has strived to promote blockchain’s social value and its utility and to establish a sound blockchain ecosystem. As part of the effort, Glosfer developed its local cryptocurrency Nowon Cash for Nowon District of Seoul in February this year. It was developed as a community-based public service system through which consumers can earn and use the electronic currency by making donations, doing volunteer work or other social activities.

“It has already been proven that there are high expectations for blockchain adoption in the financial sector,” said Taewon Kim, CEO of Glosfer. He expressed that “it is time to prove blockchain can lay a foundation for real-world services,” adding that “Glosfer will collaborate with the financial service provider Shinhan Card to facilitate innovation.”

Glosfer Inc
email us here

Source: EIN Presswire

63% of Senior Executives say Diversity and Inclusion is Very Important

Diversity And Inclusion Are Highly Valued By Most Companies, But Sourcing Talent Remains a Key Challenge

NEW YORK, NY, USA, July 18, 2018 / — According to a survey of 461 global business leaders conducted by IIC Partners Executive Search Worldwide (, companies recognize the advantages and benefits of a diverse and inclusive workforce, but struggle to tap adequate sources of talent. 63 percent of senior executives say diversity and inclusion is either very important or extremely important, however, this same majority report their workforces have average or below average diversity.

When asked where companies look to procure diverse talent, 67 percent of senior executives said Human Resources departments and 25 percent said internal talent acquisition teams shoulder this responsibility.

Many companies have exhausted their ‘go-to’ talent pipelines and must take new approaches to achieve their diversity and inclusion goals. Senior executives say the three largest barriers for identifying diversity candidates include:

Unconscious Bias
Finding Diverse Talent
Limited Pool of Diverse Talent In The Industry

Ruth Curran, Global Chair of IIC Partners and Managing Partner of MERC Partners located in Dublin, commented on this trend. “Clearly, companies know that diversity and inclusion programs create a stronger workforce and want to expand these initiatives, but appear at times unable to penetrate the market to find and source this talent.

Executive Search firms serve as trusted advisors and can provide access to larger talent pools across all functions, industries and cultures. Executive search consultants offer a more objective and independent point of view and present a wider scope of diverse candidates for consideration “Curran said.

The supply and demand challenge for creating a diverse and inclusive workforce is further compounded by the fact that 48 percent of companies do not request a diverse slate of candidates when hiring for senior executive roles. Over half (57 percent) of companies have not set any goals for hiring diversity candidates or if they have set goals they will not meet them by their target date.

Christine Hayward, Executive Director of IIC Partners, added, “An overwhelming 87 percent of senior executives agree that diversity and inclusion creates a stronger workforce. Companies are very aware that diversity and inclusion positively impact a business, but are struggling to champion and implement it as a best practice. The lack of benchmarking and goal setting indicates an absence of ownership within the organisation at the leadership level. This responsibility can fall to Human Resources departments, Chief Talent Officers or an external executive search advisory partner. Like any strategic initiative, companies will need to identify a leader or partner to spearhead diversity and inclusion programs to see results,” Hayward said.

The full Diversity & Inclusion Report can be viewed by clicking here.

About IIC Partners

IIC Partners Executive Search Worldwide ( is a top ten global executive search organisation with 50 offices in 33 countries. All IIC Partners member firms are independently owned and managed and are clear leaders in local and national markets, allowing solutions for client's organisational leadership, assessment and talent management requirements. For more information, please visit or contact Christine Hayward, Executive Director, at

Christine Hayward
IIC Partners
email us here

Source: EIN Presswire

Harding and Company – IPO Market – 2nd Half of 2018 Preview

Top IPO’s for 2018

Harding and Company looks at what is in store for the remainder of the 2018 IPO Calendar, highlighting the major players looking to list by the end of the year.

NEW YORK, NEW YORK, UNITED STATES, July 18, 2018 / — The first half of 2018’s IPO market saw several heavy hitters list. Most notably were Spotify, Dropbox and Xiaomi who were instrumental in seeing a 5% increase over 2017’s figures for the same period despite fewer companies coming to market.

Spotify the digital media company listed in New York back in April and has since seen its stock (NYSE: SPOT) gain over 25%.

Dropbox (NASDAQ: DBX), the cloud storage arm of Microsoft spiked 50% post listing, however, since that move the stock has settled at just over the $30 range showing gains of 10% to date.

Xiaomi, Spotify’s Chinese competitor, listed just a few weeks ago in Hong Kong (HKEX: 1810.HK) and has subsequently seen gains of +30% since its listing.

“Whilst the IPO market is always an exciting prospect, what we have seen so far this year is a more tentative approach” said John Preston, Senior Advisor at Harding and Company. “After 2016’s bumper year, we saw a significant withdrawal in large IPO’s through 2017. Now in 2018 that has reversed, and we are seeing significant increases in both interest and demand for the larger, more well-known IPO’s that have come to market so far this year.” Commenting on the second half of 2018’s IPO Calendar, John said “Given the caliber of companies still to list in the last half of the year, the IPO market and its performance as a whole for 2018 is looking to be exceptional, probably even record breaking!”

Key IPO’s still to come in 2018

China Tower

China Tower is the infrastructure-sharing joint venture between China Mobile, China Unicom, and China Telecom. The company was established in 2014 to prevent the duplication of towers by these three telecom firms.

China Tower has plans to raise up to US$10 billion through an IPO in 2018 and has appointed China International Capital Corp Ltd and Goldman Sachs to lead the IPO. The company’s shares will be listed in Hong Kong.

“With an expected valuation of $40 billion, this would make China Tower the largest mobile phone tower operator in the world with massive potential for expansion.”

Tencent Music Entertainment

Tencent Music – Chinese internet giant Tencent’s music streaming and downloading service – -has twice as many paying customers as Spotify. Tencent has a far better business model than Spotify and their revenue streams will be what sets them apart.

Media reports state that the company will list either in New York or in Hong Kong at a valuation of approximately US$10 billion.

John Preston commented, “Tencent Music has a dominant status in China. It would make sense to spin off the unit, allowing it to create strategic alliances and unlock value for investors. It could be one of the most-anticipated IPOs next year.”


The accommodations-rental platform has already raised U$4.5 billion from investors, and its current value is estimated at U$30 billion. Since its establishment in 2009, Airbnb has grown rapidly, and it currently operates in 65,000 cities across 191 countries.

According to a recent tweet by CEO Brian Chesky, the firm facilitated accommodation arrangements for over three million guests on New Year’s Eve last year.

While a 2018 IPO has not been confirmed, Chesky said that in March 2017, the firm was “halfway through a two-year project” to raise money from the public. But he added that he didn’t mean that there would be an IPO in 2018 – “it just means we’ll be ready.”


Saudi Arabia’s oil company, Aramco, is likely to launch its IPO in 2018. It will be valued at US$2 trillion, giving it the highest market capitalisation of any company by far. The world’s biggest stock exchanges are competing for the listing.

The New York Stock Exchange has even received an endorsement from President Donald Trump, who has tweeted, “Would very much appreciate Saudi Arabia doing their IPO of Aramco with the New York Stock Exchange. Important to the United States!”

“The Saudi Aramco IPO is possibly the most highly anticipated listing of the decade, and will be a major feather in the cap of the stock exchange that secures it.” Quoted John Preston.

To find out more about up and coming Initial Public Offerings and how you can get involved, contact an advisor today at or visit to see how you can benefit from an independent advisory service that is 100% committed to your financial security, strategy and wealth management.

Jefferson Wilde
Harding and Company
email us here

Source: EIN Presswire