Global trading firm IMC expands Hong Kong office to strengthen Asia Pacific business
Invest Hong Kong (InvestHK) announced today (October 28) that leading global trading firm IMC Trading (IMC) has expanded its Hong Kong office located in Central and plans to grow its local team. IMC aims to strengthen its role in the local market, scale its regional footprint, and continue driving global trading innovation from Hong Kong.
The Director-General of Investment Promotion of InvestHK, Ms Alpha Lau, congratulated IMC on its expansion. She said, "IMC's expansion in Hong Kong demonstrates the city's appeal as a premier financial hub in the Asia Pacific. Hong Kong offers leading fintech firms like IMC access to a deep talent pool, proximity to major exchanges, and a supportive ecosystem for financial innovation. We look forward to seeing IMC thrive in the city and beyond."
"The city's unique combination of a sophisticated capital market, and its role as a 'super-connector' and 'super value-adder' to other Asia Pacific markets, makes it an ideal launchpad for companies to scale their operations," she added.
The Managing Director of IMC's Hong Kong office, Mr Andrew Fong, highlighted Hong Kong's strengths as a leading financial hub in Asia Pacific with access to top-tier quant, technology and trading talent; its proximity to key exchanges and regulatory bodies; and strong government support for financial innovation and talent attraction. "We see strong long-term prospects in expanding our trading strategies, as well as building new research capabilities in emerging areas like AI and machine learning. We are actively seeking researchers, traders and engineers to join our expanding Hong Kong office," he said.
IMC is a proprietary trading firm headquartered in Amsterdam, the Netherlands. With a global presence across Europe, the United States and the Asia Pacific, IMC provides liquidity in futures, options, equities and Exchange Traded Funds. Since establishing its Hong Kong office in 2006, IMC has become a key player on Hong Kong Exchanges and Clearing Limited and one of the top participants in the securities market. The firm leverages advanced quantitative research and AI to contribute to market liquidity and efficiency through its technology-driven strategies.
For more details about IMC, visit www.imc.com.
For a copy of the photo, visit: www.flickr.com/photos/investhk/albums/72177720329958508.
Global trading firm IMC expands Hong Kong office to strengthen Asia Pacific business Source: HKSAR Government Press Releases
Global trading firm IMC expands Hong Kong office to strengthen Asia Pacific business Source: HKSAR Government Press Releases
CFS continues to follow up powdered infant formula with possible presence of Cereulide produced by Bacillus cereus
The Centre for Food Safety (CFS) of the Food and Environmental Hygiene Department continues to actively follow up on the precautionary recall of certain batches of powdered infant and young children formula in different areas worldwide due to possible presence of Cereulide produced by Bacillus cereus in the individual raw material. The CFS earlier noted through its Food Incident Surveillance System that certain batches of Aptamil powdered infant and young children formula are being recalled by the German authority as the products might contain Cereulide produced by Bacillus cereus. The CFS has been very concerned and actively following up on the incident. Following the announcement yesterday (February 3) that a local retailer had sold a small quantity of one affected batch of the powdered infant formula concerned, the CFS's latest follow-up investigation today (February 4) revealed that another trader had imported and distributed the same affected batch of powdered infant formula as announced yesterday.
Product details are as follows (same product as announced for recall yesterday):
Product name: Aptamil Profutura DUO Pre D 800g
Brand: Aptamil
Pack size: 800 grams
Place of origin: Germany
Use-by date: April 20, 2027
Distributor: HK Wukong Trading Limited
Quantity imported and distributed: 180 cans
The CFS has found in its follow-up investigation that the above-mentioned distributor had imported and distributed 30 boxes of 180 cans of the affected product. The CFS has instructed the importer, distributor and retailer concerned to stop sales and remove from shelves the affected batch of the product concerned and to initiate a recall. Members of the public may call the distributor's hotline at 6426 1511 during office hours for enquiries about the recall.
Moreover, the CFS is also actively following up on Nestlé company's recall of a batch of Guigoz Optipro Relais 1 powdered infant formula. The CFS has immediately contacted local importer, Nestlé Hong Kong, and a preliminary investigation revealed that Nestlé Hong Kong has not imported nor sold the affected batch of the Guigoz product concerned. The CFS will continue to closely monitor the progress of the incident. Follow-up actions are ongoing.
The CFS will continue to enhance surveillance of powdered infant and young children formula and to closely monitor the recall matters and remain fully committed to ensuring food safety. The CFS has alerted the trade and relevant department over the incident, and will continue to follow up and take appropriate action.
Bacillus cereus is commonly found in the environment. Unhygienic conditions in food processing and storage may give rise to its growth. Cereulide is a heat-stable toxin produced in food by some strains of Bacillus cereus. Consuming food contaminated with excessive Bacillus cereus or its heat-stable toxins may cause gastrointestinal upset such as vomiting and diarrhoea.
The CFS urged members of the public not to let infants and young children consume the affected batch of the product, and to seek medical treatment for infants or young children who felt unwell after taking the product concerned. The trade should also stop using or selling the affected batch of the product immediately.
The CFS has established a designated webpage (www.cfs.gov.hk/english/whatsnew/powdered_formula/index.html) to facilitate public access to more information.
Source: AI-found images
