Wong Dan Chi (DC) 黄丹祺

【🌱 CLP Hosts Strategic Roundtable on Transition Finance – Advancing Hong Kong’s Decarbonisation】 Last week, CLP convened a roundtable with key industry stakeholders to exchange views on advancing transition finance for the energy sector. Discussions centred on the Phase 2A prototype of the Hong Kong Taxonomy for Sustainable Finance and actionable pathways to support the sector’s net-zero transition. The roundtable brought together 26 expert representatives from across the energy, financial services, banking, credit ratings, regulatory, policy advocacy, and second-party opinion sectors. Held as part of the Hong Kong Monetary Authority’s Hong Kong Green Week, the roundtable underscored the importance of cross-sector collaboration in enabling the energy transition. CLP extends its sincere thanks to all participants and looks forward to continued partnership in accelerating Hong Kong’s decarbonisation and developing credible, taxonomy-aligned financing frameworks. #CLP #CLPsustainability #HKGreenWeek #Sustainability #SustainableFinance #NetZero #TransitionFinance

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Hong Kong is steadily building the foundations of a new role: a hub for impact capital in Asia. At the AVPN Global Summit, I moderated a brilliant conversation with Christopher Hui, Secretary for Financial Services in Hong Kong SAR; Lester Huang, Deputy Chair of The Hong Kong Jockey Club, Asia’s largest charitable donor; and Tracy Palandjian, CEO of Social Finance, on what it takes to turn a world-class financial centre into an engine for social change. We explored the blueprint for an impact hub — the policy architecture, catalytic capital, and partnerships that connect global finance to local priorities. My takeaway: with the right ambition, this is a moment to design something distinctive — Hong Kong’s own model for the impact economy, one that mobilises Asia’s vast pools of capital and serves the needs and energy of over half the world’s population. We’ll be deepening this work with a new Marshall Institute – Institute of Philanthropy research project on the evolving role of philanthropy in global financial hubs, starting right here in Hong Kong. #impacteconomy #philanthropy

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Two of the three asset managers chosen by the Monetary Authority of Singapore (MAS) to launch fund strategies under the Equity Market Development Programme (EQDP) are staying tight-lipped on both their asset allocations and how they plan to invest their share of $1.1 billion to be placed by MAS, announced on July 21. Avanda Investment Management, co-founded in 2015 by former GIC CIO and 2023 Presidential Election candidate Ng Kok Song, was the only firm to readily answer queries about their selected strategy. In response to The Edge Singapore, Avanda says its strategy is fully allocated to Singapore-listed companies with a “strong focus” on the small- and mid-cap segment. “Being highly active and benchmark-agnostic allows us the flexibility to invest outside of the Straits Times Index constituents; this would direct more attention and liquidity to off-benchmark stocks” The firm says it will launch its Singapore equities strategy as a new standalone fund called the Avanda Singapore Discovery Fund. Avanda tells The Edge Singapore that the strategy will be managed by Richard Chan, partner and head of equities; and Sherman Lim, portfolio manager, equities. The duo will be supported by Avanda’s equity team. In an email, Avanda’s team notes that this is the first time the Singapore government is “directly injecting demand” into the equities market in a “significant” way and partnering with private sector managers to crowd in capital in a “concerted” fashion. “From a bottom-up perspective, we also see many overlooked, undervalued companies. Coupled with decisive supply-side initiatives, we believe the stars are aligned for an equities revitalisation in Singapore,” adds Avanda. Read it first on The Edge Singapore. https://lnkd.in/gBs5ca3G

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