Adrian Li News Today

A boy from Hong Kong has been accepted to Mensa after posting the same IQ score as Albert Einstein and Stephen Hawking. Cyrus Leung, 12, wh...

Indonesia-focused venture capital firm AC Ventures has closed $210 million for its Fund V and other co-investment vehicles.

In the middle of a long funding winter, AC Ventures’ latest news will give Southeast Asian startups hope. The Jakarta, Indonesia–based venture firm announced today it has raised $210 million, finishing the final close on its fifth fund, called ACV Fund V. Limited partners include the World’s Bank’s IFC and investors from the United States, the Middle East and North Asia. AC Ventures has already started investing from Fund V in startups like Indonesian electric vehic...

Bringing you the latest news briefs on fundraising activities in the Asia Pacific.

The 18-storey BEA Tower, built at a cost of US$196 million, houses the bank’s Qianhai branch, innovation centre and data lab. The 105-year-old lender is targeting wealth management and fintech in the bay area.

/PRNewswire/ -- The Bank of East Asia, Limited ("BEA" or the "Bank") today celebrated the inauguration of BEA Tower in Qianhai, its strategic hub in the...

The bank’s red-and-white logo – in use since 2002 – will change to a Solar colour scheme redolent of a dawning sky with a yellow-to-orange gradientIts slogan will exhort customers to “Live every moment,” a more dynamic take after the global Covid-19 pandemic than the current “Enriching your world” tagline

Like its competitors, Bank of East Asia is betting on Hong Kong’s expanded role in the Greater Bay Area to tap the growing affluence and China’s potential for wealth management.

Going forward, the report suggested that VCs will be busy with early-stage deals in sectors such as electric vehicles and healthcare.

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