Latest news with #ClaraChan
RTHK
22-05-2025
- Business
- RTHK
HKIC says some firms in its portfolio have IPO plans
HKIC says some firms in its portfolio have IPO plans HKIC chief executive Clara Chan says about five to 10 firms it has invested in are considering listing in Hong Kong this year. Photo: RTHK The SAR government investment vehicle on Thursday revealed that several of the companies it has invested in are considering or have filed applications to list in Hong Kong this year. It did not specify which firms. This came as the Hong Kong Investment Corporation (HKIC) hosted its inaugural "International Forum for Patient Capital (IPC)" to attract global funds to invest in the city. Speaking to reporters after the event, HKIC's chief executive, Clara Chan, said that of the 100 projects in the body's portfolio, about five to 10 have expressed an interest in or have already filed an application to list in the city this year. She said that the speed of such progress has been impressive and came much faster than anticipated, adding that the firms are also rapidly growing and seek overseas market potential. The firms with initial public offering plans are "Hong Kong representatives" and HKIC will assist them during the process while attracting more firms to set up shop here, Chan added. "For every HK$1 invested by HKIC, it can now generate over HK$4 in the long-term follow-up investment funds, which is a further improvement compared to the past," she said. Separately, Chan said that the IPC has brought together some 400 representatives from 80 global patient capital institutions, or organisations focusing on long-term growth, with total asset management amounting to over US$20 trillion. "They are very diverse because patient capital institutions cover a wide range of different entities, for example, civil funds, pension plans, family officers and university endowments. "A lot of them are really action-oriented, and they're very low profile, noting the various geopolitical considerations, but at the same time, they really want to capture the growth trends in this part of the world". Chan said the participants cover developed markets such as the US, Europe, Australia, Japan, and also a number of Global South markets, including the Middle East and Southeast Asia. Many of the institutions are interested in investment opportunities in innovation and technological development on the mainland and Hong Kong, such as artificial intelligence and robotics, which aligns with HKIC's investment portfolio, said Chan.
RTHK
22-05-2025
- Business
- RTHK
HKIC says some firms in its portfolio have IPO plans
HKIC says some firms in its portfolio have IPO plans HKIC chief executive Clara Chan says about five to 10 firms it has invested in are considering listing in Hong Kong this year. Photo: RTHK The SAR government investment vehicle on Thursday revealed that several of the companies it has invested in are considering or have filed applications to list in Hong Kong this year. It did not specify which firms. This came as the Hong Kong Investment Corporation (HKIC) hosted its inaugural "International Forum for Patient Capital (IPC)" to attract global funds to invest in the city. Speaking to reporters after the event, HKIC's chief executive, Clara Chan, said that of the 100 projects in the body's portfolio, about five to 10 have expressed an interest in or have already filed an application to list in the city this year. She said that the speed of such progress has been impressive and came much faster than anticipated, adding that the firms are also rapidly growing and seek overseas market potential. The firms with initial public offering plans are "Hong Kong representatives" and HKIC will assist them during the process while attracting more firms to set up shop here, Chan added. "For every HK$1 invested by HKIC, it can now generate over HK$4 in the long-term follow-up investment funds, which is a further improvement compared to the past," she said. Separately, Chan said that the IPC has brought together some 400 representatives from 80 global patient capital institutions, or organisations focusing on long-term growth, with total asset management amounting to over US$20 trillion. "They are very diverse because patient capital institutions cover a wide range of different entities, for example, civil funds, pension plans, family officers and university endowments. "A lot of them are really action-oriented, and they're very low profile, noting the various geopolitical considerations, but at the same time, they really want to capture the growth trends in this part of the world". Chan said the participants cover developed markets such as the US, Europe, Australia, Japan, and also a number of Global South markets, including the Middle East and Southeast Asia. Many of the institutions are interested in investment opportunities in innovation and technological development on the mainland and Hong Kong, such as artificial intelligence and robotics, which aligns with HKIC's investment portfolio, said Chan.
Zawya
08-05-2025
- Business
- Zawya
HKU iCube Annual Gala Luncheon 2025 - Talent Management in the Age of AI
HONG KONG SAR - Media OutReach Newswire - 8 May 2025 - HKU iCube celebrated its second anniversary at the Annual Gala Luncheon 2025, held at its venue in Two Exchange Square, Central, Hong Kong. The event, themed "Talent Management in the Age of AI", explored how artificial intelligence is reshaping talent acquisition, and organizational structures in today's fast-evolving business landscape. The gala brought together a distinguished lineup of speakers from government, academia, and the business community, alongside 60 esteemed delegates, including industry leaders, talent management experts, and innovators. Together, they shared actionable insights in leveraging AI to drive workforce transformation, foster innovation, and ensure organizational success in a digital era. Highlights from the Event In his opening speech, Professor Hongbin Cai, Dean of HKU Business School, reaffirmed the School's commitment to being a global leader in business education. He emphasized HKUBS's mission to nurture future-ready business leaders equipped to excel in an AI-driven world. Professor Cai also announced an exciting new initiative: the launch of a Taught Postgraduate stream in AI and Business, designed to equip students with cutting-edge AI knowledge and its practical applications in business. Ms. Clara Chan, Chief Executive Officer of Hong Kong Investment Corporation Limited (HKIC), spoke about "opportunities and challenges in high-tech investment for Hong Kong's future." She emphasized that strategic investments in AI and technological innovation are key to maintaining and enhancing Hong Kong's competitive edge on the global stage. She also covered the HKIC's role in accelerating the nurturing of new quality productive forces, facilitating investee companies regarding product and service innovation as well as productivity improvement, and conducting more comprehensive talent development. Ir. Tony Wong, JP, Commissioner for Digital Policy, delivered a keynote addressed on "AI Ecosystem Development". He highlighted the Government's effort on promoting ethical development of AI and R&D of AI in Hong Kong, fostering an AI-savvy workforce, provided an overview of the support offered to the industry, and shared insights on promoting AI applications and training within the Government. Professor Jin Li, Zhang Yonghong Professor of Economics and Strategy at HKU Business School, introduced the University's groundbreaking initiative: the establishment of the Centre for AI, Management and Organization (CAMO). As the founding Director of CAMO, Professor Li outlined the Centre's mission: "The Centre is envisioned as a leading hub for interdisciplinary AI research and collaboration in the business sector. By bringing together experts from both industry and academia, CAMO aims to advance the development and applications of artificial intelligence to solve real-world challenges in management and organizational strategy." A Platform for Innovation and Collaboration The HKU iCube Gala Luncheon was a tremendous success, fostering cross-sector collaboration and serving as a dynamic platform for thought leadership and innovation. The event showcased HKU iCube's commitment to advancing youth development and driving impactful change by connecting academics, industry leaders, and policymakers. As the Friends of iCube Network continues to grow, HKU iCube remains dedicated to facilitating meaningful conversations and partnerships that create shared value and inspire solutions for a better future. For more information about HKU iCube and upcoming events, visit Hashtag: #HKUiCube #HKU The issuer is solely responsible for the content of this announcement. HKU iCube
Malay Mail
08-05-2025
- Business
- Malay Mail
HKU iCube Annual Gala Luncheon 2025 - Talent Management in the Age of AI
Keynote Speakers (Group Photo) - From left to right: Prof. Hongbin CAI, Dean of HKU Business School, The University of Hong Kong; Ms. Clara CHAN, Chief Executive Officer, Hong Kong Investment Corporation Limited; Ir. Tony WONG, JP, Commissioner for Digital Policy, Hong Kong Special Administrative Region Government; Prof. Jin LI, Director of HKU's Centre for AI, Management and Organization (CAMO), HKU Business School HONG KONG SAR - Media OutReach Newswire - 8 May 2025 - HKU iCube celebrated its second anniversary at the, held at its venue in Two Exchange Square, Central, Hong Kong. The event, themed, explored how artificial intelligence is reshaping talent acquisition, and organizational structures in today's fast-evolving business landscape.The gala brought together a distinguished lineup of speakers from government, academia, and the business community, alongside 60 esteemed delegates, including industry leaders, talent management experts, and innovators. Together, they shared actionable insights in leveraging AI to drive workforce transformation, foster innovation, and ensure organizational success in a digital era.In his opening speech,, Dean of HKU Business School, reaffirmed the School's commitment to being a global leader in business education. He emphasized HKUBS's mission to nurture future-ready business leaders equipped to excel in an AI-driven world. Professor Cai also announced an exciting new initiative: the launch of a Taught Postgraduate stream in AI and Business, designed to equip students with cutting-edge AI knowledge and its practical applications in business., Chief Executive Officer of Hong Kong Investment Corporation Limited (HKIC), spoke about "opportunities and challenges in high-tech investment for Hong Kong's future." She emphasized that strategic investments in AI and technological innovation are key to maintaining and enhancing Hong Kong's competitive edge on the global stage. She also covered the HKIC's role in accelerating the nurturing of new quality productive forces, facilitating investee companies regarding product and service innovation as well as productivity improvement, and conducting more comprehensive talent development., Commissioner for Digital Policy, delivered a keynote addressed on "AI Ecosystem Development". He highlighted the Government's effort on promoting ethical development of AI and R&D of AI in Hong Kong, fostering an AI-savvy workforce, provided an overview of the support offered to the industry, and shared insights on promoting AI applications and training within the Government., Zhang Yonghong Professor of Economics and Strategy at HKU Business School, introduced the University's groundbreaking initiative: the establishment of the Centre for AI, Management and Organization (CAMO). As the founding Director of CAMO, Professor Li outlined the Centre's mission: "The Centre is envisioned as a leading hub for interdisciplinary AI research and collaboration in the business sector. By bringing together experts from both industry and academia, CAMO aims to advance the development and applications of artificial intelligence to solve real-world challenges in management and organizational strategy."The HKU iCube Gala Luncheon was a tremendous success, fostering cross-sector collaboration and serving as a dynamic platform for thought leadership and innovation. The event showcased HKU iCube's commitment to advancing youth development and driving impactful change by connecting academics, industry leaders, and thecontinues to grow, HKU iCube remains dedicated to facilitating meaningful conversations and partnerships that create shared value and inspire solutions for a better more information about HKU iCube and upcoming events, visit Hashtag: #HKUiCube #HKU The issuer is solely responsible for the content of this announcement.
South China Morning Post
28-04-2025
- Business
- South China Morning Post
Why the London Metal Exchange's Hong Kong warehouses matter to the city's financial status
The approval of the first four official London Metal Exchange (LME) warehouses in Hong Kong gives a long-awaited boost to the city's ambition of playing a more integral role in global metals trading. Advertisement Many industry leaders, including Tiger Shi, CEO of Bands Financial, and Clara Chan, CEO of Hong Kong-listed Lee Kee Group, believe the development marks a pivotal step in strengthening the city's position as a strategic commodities hub in Asia. The establishment of the LME warehouses in the city will also help align commodity prices in mainland China with the international market, they said. The warehouses mark 'a major step forward in integrating the international and Chinese base metals markets', Shi said in an interview. They also align with efforts to bolster Hong Kong's role in commodities trading, after Chief Executive John Lee Ka-chiu said in October that the city would develop an international gold trading market. Advertisement The LME does not own or operate such warehouses; it authorises companies to store LME-registered metals on behalf of warrant holders.
