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'HKIC drives market capital into promising firms'
Chief Executive of Hong Kong Investment Corporation (HKIC), Clara Chan, on Sunday said the company had evolved from acting as a pure investor into a corporation playing diverse roles. Speaking on a Commercial Radio programme, Chan said the company, owned by the SAR government, was a lead investor that drove market investment. “Besides acting as an investor, we also look for promising enterprises. During their growth journey and investment rounds, we do more than just invest – we lead the investment and attract more investors to support the company together,” she said. “For every dollar we invest in a company, we can, on average, mobilise more than eight dollars in long-term market investment.” The HKIC also served as a pioneer that would further support the development of the Northern Metropolis, the Greater Bay Area and cutting-edge fields, Chan said. She said the company aimed to contribute to society apart from making financial profits, hoping the enterprises which received investment from the HKIC could provide products or services that benefited people. HKIC investment covered various sectors including artificial intelligence, green energy and life sciences, all of which are related to people’s lives, she added. Chan also said the company had invested in over 200 enterprises, among which 11 were already listed in Hong Kong while over 30 had submitted or planned to submit listing applications in the SAR this year. Edited by Tony Sabine
How an architect is using art and technology to preserve Toronto Chinatown’s history
Opened in the 1950s, Sai Woo was a two-storey restaurant in Toronto’s Chinatown, with a traditional Chinese banquet hall on the upper floor. Designed for wedding celebrations, the space featured a canopy with two columns, a golden dragon entwined on one and a phoenix on the other. Lazy Susans sat atop the round banquet tables. Chinatown was also home to Charlie’s Meat and Seafood, a white-tiled butcher shop that opened in 1971. Inside was a glass display case filled with cuts of meat. On the...
1,200 Miles From Singapore to Bangkok Before a Historic Shuttle Closes
A writer takes a weeklong journey, from the island city-state to the Thai capital, in the final days of a historic rail connection.
Paris Fashion Week: Hermès, Celine, Givenchy, Loewe and Messika for SS27
With only a few days left, Paris Fashion Week continues to deliver good collections that showcase the best of French fashion. Here’s what you need to know about the top shows of day 5 and 6: Hermès, Celine, Loewe and Givenchy, plus a dispatch from Messika’s high jewellery show. Celine’s Michael Rider knows how to please fashion people. His shows – both the clothes and the events themselves – are always refreshing. Held under a thatched roof reminiscent of a Polynesian hut in the courtyard of...
7 thematic jewellery collections for October: Bulgari, Chanel, Sabyasachi and more
Rooted in ancient symbols and Renaissance architecture, this season’s stand-out jewellery collections bring fresh energy to iconic motifs and precious gemstones. Bibi Van Der Velden From ancient Egypt to the art deco movement, the scarab motif has been a near-constant in jewellery. Dutch designer Bibi Van Der Velden is a big fan, with her scarab rings becoming a signature of her brand. The designer recently expanded her collection with The Scarab Pinky Rings, five smaller rings designed...
Fibre or protein – which is more important? ‘It’s about balance,’ experts say
With proteinmaxxing and fibremaxxing trends both taking over, it can be difficult to understand which is more important. Should we focus on eating enough protein each day and hitting our targets, or should fibre be the priority for gut health and well-being? To answer these questions, we spoke to two dietitians, who shared their expert advice and explained how protein and fibre can complement each other. “Both are important,” says Dr Linia Patel, a UK-based women’s health dietitian, performance...
F.D.A. Classifies Salad Dressing Recall to Highest Health Risk
Salata Dressings initiated the recall of its Jalapeño Avocado Dressing in August over concerns about possible salmonella contamination.
As A.I. Agents Begin Shopping, Brands Are Changing Their Sales Pitch
Faced with bots immune to traditional marketing tactics, marketers are racing to win them over with logic and data.
Lula or Bolsonaro: Wall Street braces for two wildly different results in Brazil election
With the first round of Brazil's presidential election taking place Sunday, Wall Street is gearing up with starkly different market predictions.
China Resumes Curbs on Fuel Exports, Tightening Global Energy Markets
China has started limiting exports of refined products again as its own inventories of crude oil and refined products have dwindled.