With a passion of fostering the entrepreneurial spirit among young people and unleashing potential for innovation and entrepreneurship in Hong Kong, we established a HK$1 billion fund to invest in promising young companies with breakthrough businesses and technologies in the start-up, growth and expansion phases of a company life cycle.
We manage our investments professionally using a venture capitalist model, by appointing independent investment professionals, however, we run the fund differently by reinvesting profits generated from the growth of these venture investments to the Alibaba Hong Kong Entrepreneurs Fund. This form of reinvestment is the basis of an evergreen rejuvenation of capital to empower startups and young entrepreneurs in Hong Kong.
