Skip to Content Facebook Feature Image

Rime Capital eyes global growth via regional base in Hong Kong

HK

Rime Capital eyes global growth via regional base in Hong Kong
HK

HK

Rime Capital eyes global growth via regional base in Hong Kong

2024-06-18 15:45 Last Updated At:15:58

Rime capital limited establishes regional base in hong kong with mainland support for global expansion strategy

Invest Hong Kong announced today (June 18) that Rime Capital Limited, with strong resource support and financial backing from the Mainland, has built a regional base in the city as part of its global strategy.

The company is an asset management company licensed by the Securities and Futures Commission, with assets under management amounting US$350 million at its early establishment. Its partners include Shenzhen-listed Leo Group, and various investors and asset management veterans.

The Director-General of Investment Promotion, Ms Alpha Lau, said, "We warmly welcome the opening of Rime Capital here in our city. Hong Kong is a premium international financial hub very well suited for Mainland financial companies with a global vision. We have a sophisticated financial market, a world-class regulatory regime plus a large number of high-net-worth institutions and individuals from around the globe, offering excellent market potential for Rime Capital and other asset management companies. I wish Rime Capital every success with their business in Hong Kong and beyond."

Co-founder Mr Troy Lin said that Rime Capital Hong Kong aims at long-term stable revenue with minimal risk via a diverse portfolio of equities, bonds, structured products, secured loans plus alternate investments. He said that Hong Kong as a premium global financial hub offers a good environment for his company's expansion worldwide.

"Hong Kong is not only a traditional global financial centre, it is increasing ties with the Mainland and other emerging markets in the region, and ASEAN (Association of South-East Asian Nations) adds a strong appeal for multinationals to set up base here. It is an ideal place for Rime Capital to scale globally." Mr Lin said.

The company has a team of experienced investment professionals to manage portfolios for clients using a balanced approach, with a series of funds in place covering investments in bonds, quantitative equity funds, commodities futures, CTA (commodity trading advisor) funds and more.

To obtain a copy of the photos, please visit www.flickr.com/photos/investhk/albums/72177720317864846.

Rime Capital eyes global growth via regional base in Hong Kong  Source: HKSAR Government Press Releases

Rime Capital eyes global growth via regional base in Hong Kong Source: HKSAR Government Press Releases

LegCo Panel on Housing begins duty visit to Zhuhai and Shenzhen

The following is issued on behalf of the Legislative Council Secretariat:

The delegation of the Legislative Council (LegCo) Panel on Housing began the two-day duty visit to Zhuhai and Shenzhen today (July 21), to learn about the manufacturing process of concrete Modular Integrated Construction (MiC) modules in Mainland, as well as to gain an understanding on how the cities of the Guangdong-Hong Kong-Macao Greater Bay Area create high quality public housing and community facilities through green technology, modular construction techniques, etc.

​ The delegation arrived at Zhuhai in the afternoon. They first visited the factory of the China State Construction Hailong Technology Company Limited to gain insight of the manufacturing process of concrete MiC modules and explore how they are applied to public housing development in Hong Kong. Members also visited other construction technologies in the factory, such as construction robotic application.

​ Members then went to the Doumen DaHengQin 5.0 Industrial New Space in the Fushan Industrial City to learn about the "Well-being" design elements in the community. The Fushan Industrial City integrates "Production, Service and Living", and at the same time builds blue-collar hostels and living facilities to create a new industrial community that is pleasant to live and work in. The delegation visited the blue-collar hostels, leisure facilities, public open space and ancillary facilities in the community and gained better understanding on the daily life, consumption and entertainment of the residents.

​ The delegation arrived in Shenzhen in the evening and will continue its duty visit in Shenzhen tomorrow (July 22).

​ The delegation is led by the Chairman of the LegCo Panel on Housing, Mr Stanley Ng. The deputy delegation leader is the Deputy Chairman of the Panel, Mr Vincent Cheng. Other participating Panel members include Mr Paul Tse, Dr Lo Wai-kwok, Mr Lau Kwok-fan, Mr Tony Tse, Mr Andrew Lam, Mr Leung Man-kwong, Mr Chan Hok-fung, Mr Gary Zhang, Ms Carmen Kan and Dr So Cheung-wing; as well as non-Panel members Ms Lam So-wai, Ms Judy Chan, Mr Chan Siu-hung and Dr Ngan Man-yu.

​ The Housing Bureau's delegation led by the Secretary for Housing, Ms Winnie Ho, will also join the duty visit.

LegCo Panel on Housing begins duty visit to Zhuhai and Shenzhen  Source: HKSAR Government Press Releases

LegCo Panel on Housing begins duty visit to Zhuhai and Shenzhen Source: HKSAR Government Press Releases

LegCo Panel on Housing begins duty visit to Zhuhai and Shenzhen  Source: HKSAR Government Press Releases

LegCo Panel on Housing begins duty visit to Zhuhai and Shenzhen Source: HKSAR Government Press Releases

LegCo Panel on Housing begins duty visit to Zhuhai and Shenzhen  Source: HKSAR Government Press Releases

LegCo Panel on Housing begins duty visit to Zhuhai and Shenzhen Source: HKSAR Government Press Releases

Recommended Articles