Terrapin has quietly moved the 2020 edition of Asia Pacific Rail from the originally scheduled venue HKCEC to the Bangkok International Trade and Exhibition Centre.Read more
Changes in local market dynamics
Money20/20 China postponed
Money20/20 China, originally scheduled to take place from December 4 to 6, 2019, has been deferred and will not take place this year. The decision to defer Money20/20 China has been taken in light of a short-term hiatus for international companies in the Chinese Fintech market, arising from a combination of macro-economic trends and changes in local market dynamics including significant changes in the peer-to-peer lending sector (an important revenue source in 2018). Organiser Ascential stated that the previous edition of Money20/20 China in 2018 had generated £2.5m of revenue and in 2019 the one-off costs relating to Money20/20 China were not expected to impact adjusted EBITDA by more than £1.5m. The management intends to return the event to Hangzhou in China in due course when market conditions are conducive to a high-quality event that befits its importance.
SHARE THIS ARTICLE
ASEAN’s largest exhibition on LED technology and lighting solutions is inviting exhibitors to participate in the highly acclaimed show and explore numerous possibilities in this industry.Read more