Rime Capital eyes global growth via regional base in Hong Kong (with photo)

***************************************************************************

     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.

Ends/Tuesday, June 18, 2024
Issued at HKT 15:45

NNNN

Archives Yesterday's Press Releases

Back to Index Page

Today's Press Releases

Photo

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. Photo shows (from right) the Director-General of Investment Promotion, Ms Alpha Lau; Co-founders of Rime Capital, Mr Zhuo Ying and Mr Troy Lin; the Executive Director of Rime Capital, Mr Eason Wu; and the Chief Executive Officer of Leo Group, Mr Wang Xiangrong, at the opening ceremony.