Tag Archives: China

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Hong Kong’s role as international financial centre attracts licensed fintech company to set up global headquarters (with photo)

     Invest Hong Kong (InvestHK) announced today (February 5) that it has assisted a licensed fintech company, EVIDENT Platform Services Limited (EVIDENT), to set up its global headquarters in Hong Kong, offering the world’s first tokenised private limited partnership fund investing in the aviation sector, in partnership with Anisos Capital Group.
      
     The Associate Director-General of Investment Promotion, Mr Charles Ng, said, “We are happy to see that EVIDENT, an innovative fintech company, has chosen Hong Kong to set up its global headquarters. It shows confidence not only in Hong Kong’s vibrant fintech ecosystem, but also our robust financial market prospects and regulatory regime.”
      
     The Founder and CEO of EVIDENT Group, Dr Florian Spiegl, said, “Hong Kong stands as a preeminent international financial hub, continually drawing global investors. With its storied history of a strong legal foundation, government support for innovation, and an efficient tax regime, it also offers one of the most advanced digital assets licensing and regulatory frameworks. This city is the ideal setting for us to bridge the gap between issuers and investors through our innovative digital investment structures.”
      
     He added, “Our vision is to pioneer the next generation of blockchain-based infrastructure for the asset management industry, specifically designed for managing and distributing alternative assets. We harness the power of asset tokenisation to amplify efficiency, transparency, and accessibility for investors. It is with great pride that, in collaboration with our valued partner, we introduce the world’s first tokenised fund in the aviation sector, an asset class traditionally reserved for large institutional investors. This marks a significant milestone in the evolution of alternative asset investing for Hong Kong and for global markets.”
      
       The CEO of Anisos Capital Group, Mr Steven Dominique Cheung, said, “This partnership isn’t simply about tokenising assets; we’re redefining investment in the aviation industry and setting out to revolutionise the world of aviation finance from Hong Kong. This is a unique opportunity for eligible investors to participate in a traditionally exclusive market.”
      
     EVIDENT operates a digital investment platform for alternative assets and is licensed by the Securities and Futures Commission to carry out Type 1 (dealing in securities) regulated activities.
      
     To get a copy of the photo, please visit www.flickr.com/photos/investhk/albums/72177720314530749.
      
     For more information about EVIDENT, please visit evident.capital.

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Inspection of aquatic products imported from Japan

     In response to the Japanese Government’s plan to discharge nuclear-contaminated water at the Fukushima Nuclear Power Station, the Director of Food and Environmental Hygiene issued a Food Safety Order which prohibits all aquatic products, sea salt and seaweeds originating from the 10 metropolis/prefectures, namely Tokyo, Fukushima, Ibaraki, Miyagi, Chiba, Gunma, Tochigi, Niigata, Nagano and Saitama, from being imported into and supplied in Hong Kong.
 
     For other Japanese aquatic products, sea salt and seaweeds that are not prohibited from being imported into Hong Kong, the Centre for Food Safety (CFS) of the Food and Environmental Hygiene Department will conduct comprehensive radiological tests to verify that the radiation levels of these products do not exceed the guideline levels before they are allowed to be supplied in the market.
 
     As the discharge of nuclear-contaminated water is unprecedented and will continue for 30 years or more, the Government will closely monitor and step up the testing arrangements. Should anomalies be detected, the Government does not preclude further tightening the scope of the import ban.
 
     From noon on February 2 to noon today (February 5), the CFS conducted tests on the radiological levels of 299 food samples imported from Japan, which were of the “aquatic and related products, seaweeds and sea salt” category, in the past three days (including last Saturday and Sunday). No sample was found to have exceeded the safety limit. Details can be found on the CFS’s thematic website titled “Control Measures on Foods Imported from Japan” (www.cfs.gov.hk/english/programme/programme_rafs/programme_rafs_fc_01_30_Nuclear_Event_and_Food_Safety.html).

     The Agriculture, Fisheries and Conservation Department (AFCD) has also tested 50 samples of local catch for radiological levels. All the samples passed the tests. Details can be found on the AFCD’s website (www.afcd.gov.hk/english/fisheries/Radiological_testing/Radiological_Test.html).
 
     The Hong Kong Observatory (HKO) has also enhanced the environmental monitoring of the local waters. No anomaly has been detected so far. For details, please refer to the HKO’s website
(www.hko.gov.hk/en/radiation/monitoring/seawater.html).
 
     From August 24 to noon today, the CFS and the AFCD have conducted tests on the radiological levels of 29 085 samples of food imported from Japan (including 19 493 samples of aquatic and related products, seaweeds and sea salt) and 8 220 samples of local catch respectively. All the samples passed the tests. read more

Effective Exchange Rate Index

     The effective exchange rate index for the Hong Kong dollar on Monday, February 5, 2024 is 105.0 (down 0.1 against last Saturday’s index).

     The effective exchange rate index for the Hong Kong dollar on Saturday, February 3, 2024 was 105.1 (up 0.5 against last Friday’s index). read more

MD announcement

Attention duty announcers, radio and TV stations: Please broadcast the following as soon as possible and repeat it at suitable intervals:      The Marine Department today (February 5) reminded masters, coxswains and perso… read more