Pakistan – Page 5 – Daily Balochistan Times

July 27, 2026

LEPAS Accelerates Global Expansion with Strong NEV Product Offensive

WUHU, China, July 27, 2026 (GLOBE NEWSWIRE) — Chery Auto announced that its cumulative global sales had surpassed 20 million units, marking another major milestone in the company’s global development. The achievement came as Chery Automobile Co., Ltd. (hereinafter referred to as “Chery Auto”, stock code: 9973.HK) made its first appearance in the 2026 Fortune China 500 as a publicly listed company, ranking No. 87^th. The company also ranked No.1 among automakers in return on equity (ROE), underscoring its strong global operations and profitability under its “From China to the World” approach. Meanwhile, Chery Auto was named to the Kantar BrandZ Top 50 Chinese Global Brand Builders for the ninth consecutive year and ranked No. 1 in the automotive category in 2026, further demonstrating its growing global brand influence and the trust it has earned from consumers worldwide.

Celebrating Chery Group’s 20 Million Sales Milestone

【Celebrating Chery Group’s 20 Million Sales Milestone】

Building on this momentum, LEPAS, Chery Auto’s mid-to-premium NEV brand, is accelerating its global expansion with a strong NEV product offensive. On July 24, the LEPAS L6 EV, an all-electric SUV designed for intelligent urban living, was officially launched in Thailand. On July 26, the LEPAS L8 PHEV officially went on sale in Indonesia. Looking ahead, LEPAS will continue to expand its global footprint throughout the third quarter of 2026, with the LEPAS L8 PHEV, LEPAS L6 EV, LEPAS L6 PHEV and LEPAS L4 EV set to enter markets across Europe, Southeast Asia, Australia, Africa and the Middle East.

LEPAS L6 EV Launch Event in Thailand

【LEPAS L6 EV Launch Event in Thailand】

The coordinated rollout of LEPAS’ three NEV models across global markets marks another significant milestone in the brand’s international expansion. This accelerated product deployment not only demonstrates LEPAS’ strong operational capabilities, but also reflects its long-term commitment to building a sustainable global presence.

【LEPAS L8 PHEV Launch Event in Indonesia】

As its NEV product portfolio continues to expand worldwide, LEPAS will leverage Chery Group’s global ecosystem spanning vehicle manufacturing, core components, embodied AI robotics, modern services and intelligent technologies to further localize its R&D, manufacturing, sales network and after-sales services. By combining elegant design, intelligent innovation and dependable quality, LEPAS is committed to delivering an elevated mobility experience tailored to the needs of customers around the world, while contributing to the global transition toward sustainable mobility.

The milestone of 20 million sales represents a significant achievement for Chery Group and a new a chapter in LEPAS’s global journey. Committed to becoming the Preferred Brand for Elegant Mobility Life, LEPAS will embrace Chery Group’s global development philosophy of “In somewhere, For somewhere, Be somewhere”, strengthening its presence in global markets through localized operations and bringing elegant mobility into the daily lives of more customers.

About LEPAS

LEPAS is Chery Auto’s mid-to-premium NEV brand, dedicated to creating elegant mobility experiences for users worldwide. Committed to becoming the Preferred Brand for Elegant Mobility Life, LEPAS brings together Leopard Aesthetics, LEPAS Elegant Technology, and Exquisite Space – transforming elegance into a driving experience you can see, feel, and trust. Supported by a growing global dealer network of more than 500 sales and service outlets, LEPAS is expanding its international footprint through localized operations, delivering products and experiences tailored to users across global markets.

About Chery Auto

Founded in 1997, Chery Auto is a global automotive manufacturer specializing in vehicle development, intelligent technologies, and new energy solutions. The company operates in more than 130 countries and regions, supported by a strong international network of research, production, and strategic partnerships. Chery Auto has remained China’s No. 1 passenger vehicle exporter among Chinese brands for 23 consecutive years. Guided by its global philosophy of “In somewhere, For somewhere, Be somewhere,” Chery Auto is committed to advancing sustainable mobility through continuous innovation and global collaboration.

Media Contact

Company Name: LEPAS International

Contact Person: Vincy wang

E-mail: [email protected]

Company Official Website: https://lepasinternational.com/

Photos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/29fa8032-7935-4884-b943-ef5c93682047

https://www.globenewswire.com/NewsRoom/AttachmentNg/6cefaf49-18d3-4c61-8740-05e6a5234adf

https://www.globenewswire.com/NewsRoom/AttachmentNg/63fb5ee3-a6e8-4ce4-8b67-ee57c1361b3b

GlobeNewswire Distribution ID 9798584

July 27, 2026

CGTN: Why China has become a hot summer destination

BEIJING, July 27, 2026 (GLOBE NEWSWIRE) — CGTN published an article exploring the China Travel boom. As a growing number of global travelers head to China in search of cooler destinations, the article explores the country’s boom in inbound tourism this summer, and highlights how China’s expanding visa facilitation policies and foreigner-friendly services are driving this travel trend.

As extreme heat grips much of Europe, a new travel trend is taking shape. Increasingly, travelers are looking beyond their own borders in search of cooler summer destinations, and China is emerging as one of their top choices.

With its cool climate and picturesque landscape of green hills and clear waters, Liupanshui City, known as China’s “cool city” in southwest China’s Guizhou Province, has emerged as a favored destination for foreign travelers escaping the heat. During this summer vacation, more than 20 themed events, including music festivals and rural garden fairs, are taking place across the city, drawing visitors from around the world.

Touring the city this summer, Max Slonim, an American tourist, was impressed by the cool and comfortable weather. “Whenever you go to scenic and beautiful places, you can really experience nature and the peaceful atmosphere without huge crowds and long queues,” he said.

The broader momentum behind “China Travel” continues to build. During the first half of 2026, China recorded more than 22.91 million inbound visits, up 20.4% year on year. Traditional summer destinations such as Yunnan, Guizhou and Hunan provinces have topped international travelers’ summer wishlists.

Booming China Travel

In Zhangjiajie, a tourist city in central China’s Hunan Province known worldwide for its dreamlike landscape, the peak season for inbound visitors has arrived. Tourists from Europe, Southeast Asia and beyond venture into its UNESCO-listed sandstone mountains, where cool breezes and lush forests offer a natural retreat.

Benefiting from China’s 240-hour visa-free transit policy, the city has opened over 10 passenger air routes linking eight countries and regions. Fast-track immigration procedures and entry to major attractions with just a passport have made traveling in the city more seamless than ever for international visitors.

Since the beginning of July, family summer trips to the Zhangjiajie Grand Canyon Scenic Area have surged, with daily visits approaching 10,000 and inbound tourists accounting for over 50% of the total.

China’s cooler coastal destinations are also seeing rising popularity. Qinhuangdao, a seaside city in north China’s Hebei Province, has introduced a diverse lineup of summer activities, including sailing, speedboat rides, intangible cultural heritage performances and immersive VR experiences at the Great Wall Museum.

The city received 43,000 inbound visits during the first half of this year, up 50% year on year, while the average stay of overseas tourists doubled from seven days to fifteen.

The trend is especially noticeable among European travelers. European countries account for nearly 30% of China’s top 20 inbound source markets for this summer. Travel bookings have surged 275% year on year, while attraction ticket orders have increased by 20 times. Visitors from Britain, France and Germany alone account for nearly 42% of all European arrivals.

Why China?

Behind the tourism boom is China’s steadily expanding visa facilitation policy. China currently offers unilateral visa-free entry to nationals of 50 countries and has signed mutual visa exemption agreements with 29 countries. Meanwhile, nationals from 55 countries can now utilize the 240-hour visa-free transit program to enter China via 65 designated ports.

International accessibility has also improved significantly. Direct flights now connect overseas destinations with 160 Chinese cities, while more than three-quarters of inbound travelers now enter the country visa-free.

Meanwhile, travel services have become increasingly foreigner-friendly. Multilingual ticketing machines, AI-powered translation devices and customer support in English, French, Spanish and other languages are now widely available at tourist attractions and on major travel platforms.

Yet one detail repeatedly highlighted by foreign visitors is surprisingly simple: air conditioning. From airports and subway stations to shopping malls, hotels and tourist attractions, reliable cooling has become an essential part of China’s summer travel experience, supported by one of the world’s largest and most reliable power systems.

Across social media, videos of foreign travelers sharing their summer adventures in China have become windows through which global audiences are rediscovering the country. Increasingly, visitors are venturing beyond Beijing, Shanghai, Guangzhou and Shenzhen to explore ancient towns, mountain villages and lesser-known cities. What they are finding is more than just a cool place to escape the summer heat – they are discovering a China that is increasingly accessible, welcoming and vibrant.

https://news.cgtn.com/news/2026-07-26/What-makes-China-such-an-appealing-summer-gateway-for-global-tourists–1P5OL710a4M/p.html

CGTN Digital 
[email protected]

GlobeNewswire Distribution ID 9798552

July 27, 2026

CryptoRank Study Finds Bitget rTokens Recorded Up to 58% Lower Slippage on $50,000 Orders Across Leading Tokenized Equity Platforms

VICTORIA, Seychelles, July 27, 2026 (GLOBE NEWSWIRE) — Bitget, the world’s largest Universal Exchange (UEX), ranked first for large-order execution in a CryptoRank study evaluating liquidity, market structure and execution quality across leading tokenized equity products. The research found that Bitget’s Reality rTokens delivered the lowest simulated slippage across every comparable asset tested, recording up to 58% lower slippage on $50,000 orders than competing tokenized equity products, highlighting the growing importance of execution quality as tokenized equities continue to mature.

The report arrives as the tokenized equity market approaches $2 billion in onchain value with more than 471,000 onchain holders, reflecting growing investor demand for blockchain-based access to traditional financial assets. As tokenized stocks become more widely available across crypto exchanges, CryptoRank examined how differences in product structure, liquidity models and execution infrastructure influence the trading experience beyond simple price exposure.

The study compared tokenized stock offerings across major exchanges and found that products tracking the same underlying equities can differ significantly in investor rights, liquidity mechanisms, redemption models and execution quality. The report evaluated NVIDIA, Microsoft, Meta and Tesla, the only four assets that maintained valid two-sided order books across all venues tested. In this comparable set, Bitget’s Reality rTokens consistently produced the strongest execution results for larger trades.

The report found that Bitget delivered the lowest simulated slippage across all four comparable assets for both $10,000 and $50,000 orders, while Reality rTokens recorded the highest balanced displayed liquidity within 50 basis points. CryptoRank attributed these results to Bitget’s liquidity architecture, which combines exchange liquidity with NYSE and NASDAQ-linked underlying market liquidity, enabling deeper liquidity and more efficient execution for larger trades. CryptoRank also examined the legal and operational structures behind tokenized equity products, noting that similar stock tickers can represent different forms of investor claims depending on how each product is issued and settled.

CryptoRank Study Finds Bitget rTokens Recorded Up to 58% Lower Slippage on $50,000 Orders Across Leading Tokenized Equity Platforms

CryptoRank Study Finds Bitget rTokens Recorded Up to 58% Lower Slippage on $50,000 Orders Across Leading Tokenized Equity Platforms

“Tokenization is moving beyond access and into infrastructure,” said Gracy Chen, CEO at Bitget. “If even 10% of global financial assets become tokenized by 2030, we’ll witness one of the most significant transformations in modern capital markets. The next phase of tokenization will be defined by quality of execution liquidity and market infrastructure supporting those assets. Independent research like this helps establish the benchmarks the industry needs as tokenzied markets continue to mature.”

The findings build on Bitget’s continued expansion of its Stock+ ecosystem, which gives eligible users access to more than 500 tokenized stocks, ETFs, commodities and other traditional financial assets alongside cryptocurrencies through a single unified account. By combining 24/7 market access, fractional investing and NYSE and NASDAQ-linked liquidity, Bitget is building the infrastructure needed to support the next generation of tokenized capital markets.

Read the CryptoRank report here.

About Bitget

Bitget is the world’s largest Universal Exchange (UEX), serving over 125 million users and offering access to over 2M crypto tokens, 500+ tokenized stocks, ETFs, commodities, FX, and precious metals such as gold. The ecosystem is committed to helping users trade smarter with its AI agent, which co-pilots trade execution. Bitget is driving crypto adoption through strategic partnerships such as MotoGP. Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. Bitget currently leads in the tokenized TradFi market, providing the industry’s lowest fees and highest liquidity across 150 regions worldwide.

For more information, visit: Website | X | Telegram | LinkedIn | Discord

For media inquiries, please contact: [email protected]

Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

Photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/3c8f2a89-2b0b-465f-9fe6-d03b919d5754

https://www.globenewswire.com/NewsRoom/AttachmentNg/2fd67267-7705-42b5-82f2-dc4dbe7c590b

GlobeNewswire Distribution ID 1001214069

July 27, 2026

Artel Announces New Carrier-Class PTP Switch Built for the Demands of Modern Broadcast

The new Quarra PTP-10GSE12SFP 10 Gbps PTP Ethernet Switch Delivers Nanosecond-Accurate Timing, 20 Ports of Flexible Connectivity, and Full SMPTE 2110 Interoperability for Pro-AV, Media Broadcast, and Industrial Networks

Patton… Let’s Connect!

GAITHERSBURG, Md., July 27, 2026 (GLOBE NEWSWIRE) — Artel Video Systems—a Patton company, and leading provider of media transport and broadcast networking solutions for professional AV, defense, and industrial markets—today announced the new Quarra PTP-10GSE12SFP 10 Gbps PTP Ethernet Switch is now available for pre-order.

The newest member of the Quarra switch family is purpose-built for Pro-AV, media broadcast, factory automation, and 4G/5G mobile backhaul. It delivers the nanosecond-accurate timing that mission-critical networks demand.

“We designed this switch with broadcast and Pro AV in mind,” said Tim Godby, Director, Media Transport Systems, Artel Video Systems. “The option for DC or AC, single or dual power supplies, Sync-E, 1PPS input/output ports, and 12 SFP+ ports make this a uniquely powerful and versatile part of any timing-sensitive media transport network.”

Artel Quarra PTP-10GSE12SFP 10 Gbps PTP Ethernet Switch

Artel™ Quarra PTP-10GSE12SFP 10 Gbps PTP Ethernet Switch

Artel Quarra PTP-10GSE12SFP 10 Gbps PTP Ethernet Switch

“The option for DC or AC, single or dual power supplies systems… make this a uniquely powerful and versatile part of any timing-sensitive media transport network.”

Tim Godby
Director, Media Transport Systems
Artel Video Systems

Carrier Class. The Quarra is a carrier-class managed Ethernet switch combining twelve (12) 10G SFP+ fiber ports with eight (8) copper Gigabit (RJ-45) ports. Boasting a flexible, future-ready design, the device provides Leaf Switch and a Spine Switch functions in a single ruggedized unit.

Timing Matters. In live broadcast, timing errors destroy content. The Quarra PTP-10GSE12SFP eliminates that risk. It supports IEEE 1588 PTPv2 with all clocking modes. Every port can be individually configured for SyncE or PTP timestamp delivery. A built-in 1PPS SMA connector supports external clock sources and waveform measurement.

Quarra PTP-10GSE12SFP Key Features:

12x 10G SFP+ plus 8x Gigabit copper (RJ-45) ports
IEEE 1588 PTPv2 — nanosecond-accurate timing, all clocking modes
SyncE (ITU-T G.8261/G.8262/G.8264) on every interface
256 Gbps switch fabric, 8 priority queues per port
SMPTE 2110, ST-2022-7, SDVoE, AES67, and Dante — fully interoperable
Grandmaster Clock compatibility — Thales, Meinberg, Sonifex, and more
Web GUI, Telnet, and SNMPv1/v2c/v3 management

Details. Four models are now available for pre-order with single or dual DC and AC power supply options. For more information, visit patton.com/artel/quarra-ptp-10gse12sfp

In related news, last week Patton was awarded a subcontract to develop source-secure fiber-optic modules for US DoD applications.

Media Contact: Glendon Flowers | +1 301 975 1000 | [email protected]

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6e94b258-eaee-4cbd-a4e3-d5354f6bd8ed

GlobeNewswire Distribution ID 9767499

July 27, 2026

Gildan Investor News: If You Have Suffered Losses in Gildan Activewear Inc. (NYSE: GIL), You Are Encouraged to Contact The Rosen Law Firm About Your Rights

NEW YORK, July 27, 2026 (GLOBE NEWSWIRE) —

Why: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Gildan Activewear Inc. (NYSE: GIL) resulting from allegations that Gildan Activewear may have issued materially misleading business information to the investing public.

So What: If you purchased Gildan Activewear securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

What to do next: To join the prospective class action, go to https://rosenlegal.com/cases/gildan-activewear-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

What is this about: On June 16, 2026, Investing.com published an article entitled “Gildan Activewear stock falls after short seller report.” The article stated that Gildan Activewear shares fell “following the release of a short report from Jehoshaphat Research questioning the company’s organic growth and sales practices.” Further, the article stated that the “research firm disclosed a short position in the Canadian apparel manufacturer, claiming that the company’s organic growth has been negative for years despite appearing to show revenue growth. Jehoshaphat Research stated that this underlying decline has been obscured by financial engineering.”

On this news, Gildan Activewear NYSE-listed shares fell 18.7% on June 16, 2026.

Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

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Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
www.rosenlegal.com

GlobeNewswire Distribution ID 9788368

July 27, 2026

WSE Investor News: If You Have Suffered Losses in Wise Group plc (NASDAQ: WSE), You Are Encouraged to Contact The Rosen Law Firm About Your Rights

NEW YORK, July 26, 2026 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Wise Group plc (NASDAQ: WSE) resulting from allegations that Wise Group plc may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased Wise Group plc securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/cases/wise-group-plc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

What is this about: On June 1, 2026, The Wall Street Journal published an article entitled “Wise Group Faces Court Summons Over Money Laundering Probe.” The article stated that “Brussels’ public prosecutor is close to summoning payment processor Wise Group before a criminal court following an investigation into potential money laundering offenses.”

On this news, Wise’s stock fell sharply in intra-day trading on June 1, 2026.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

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Contact Information:

GlobeNewswire Distribution ID 9788362