Family office operators plan US$100 million fund to invest for capital-investment migrants

Quick Summary:

Wings Capital has teamed up with other family offices in the city to set up a fund that will invest for CIES applicants, partner Cliff Ip says.

Cliff Ip, partner of Wings Capital, says his company will share its expertise with the new migrants to settle in the city.

Hong Kong’s Capital Investment Entrant Scheme has received nearly 350 applications as of July 5.

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Article Details

Author / Journalist: Enoch Yiu

Category: Business

Markets: Hong KongAustraliaChinaMacauSingapore

Topics: Hong Investment Million Offices Office Kong Applicants Scheme City Capital Family

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-18 @ 09:30:20 (4 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 600 words

Reading Time: 4 minutes read

Sentences: 18 lines

Sentence Length: 34 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 21668994

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