HONG KONG, March 12, 2021 /PRNewswire/ -- Recently, AMTD
Group, a leading comprehensive financial services conglomerate in
Asia, alongside with its
subsidiaries AMTD International (NYSE：HKIB；SGX：HKB) and AMTD
Digital; 36Kr (NASDAQ: KRKR), a prominent and pioneering service
platform for China's new economy
participants; Airstar Digital, the FinTech subsidiary of Xiaomi
Corporation, the world's leading consumer IoT platform, through AM
Capital, a joint venture fund management with AMTD; and Mr.
Calvin Choi, jointly announced
the establishment of a joint venture, AK73 Capital, which aims to
establish a full life-cycle service platform for China's new economy enterprises, supporting
and empowering the next generation of new economy leaders
to capitalize on the tremendous
opportunities in dynamic global capital markets.
AK73 Capital is committed to offering one-stop professional
services to address the multifaceted needs of new economy
companies and entrepreneurs. Leveraging in-depth analytic
research and digital content creation, AK73 Capital is committed to
a mission to connect new economy companies with strategic
resources and quality capital. Its service offerings include
strategic consulting, data analytics and insights,
branding management, ecosystem building, and capital market
services. AK73 Capital strives to empower new economy companies and
entrepreneurs to expand their business boundaries, extend
their value chain, improve their value proposition, and help groom
the next generation of leading new economy companies, as well as
bringing China's new economy sectors' innovative power
and growth miracles in front of the whole world.
Mr. Calvin Choi, Chairman of AMTD
Group and Vice President of the China Youth Entrepreneurs
Association mentioned, "As Asia's leading comprehensive financial
services conglomerate, AMTD had in the past few years helped and
supported many China's leading new
economy companies in their IPOs and other financing transactions
through the international capital markets including Hong Kong and US. We are very keen to combine
our unique resources, ecosystem network, and unparalleled
experience gained, through our partnership with 36Kr and
Airstar Digital, to further empower the next generation of
technology and innovative communities in China, best equip the Chinese business leaders
of tomorrow to create new paradigm of business formats and
exposures, and grow together to create a better world."
Mr. Feng Dagang, CEO of 36Kr,
said, "As a service platform for China's new economy participants, 36Kr is
excited to partner with AMTD and Airstar Digital to jointly
establish AK73 Capital. We believe, drawing on a wide range of
resources and power of each shareholder, AK73 Capital is
going to serve as a bridge connecting resources and
capital, accelerate the sharing and exchange of information,
talent, capital, and business opportunities across different new
economy communities, and redefine the growth driver and potential
in new economy services space."
Mr. Zhao Weixing, Vice President
of Airstar Digital, Chairman of AM Capital, said, "Since the first
day of its establishment Xiaomi believes in the power of value,
whether it's entrepreneurship or investment in Xiaomi ecosystem,
Xiaomi has always persisted with its mission to let everybody enjoy
better life experience brought by technology. This is a big era for
China's new economy, and we look
forward to working with each stakeholder to help more technology
and innovative entrepreneurs build a better future."
About AMTD Group
AMTD Group is a leading comprehensive financial services focused
conglomerate, with core businesses in investment banking, asset
management, digital financial solutions; and non-financial services
areas including education and real estate investments.
AMTD International (NYSE: HKIB; SGX: HKB), a subsidiary of AMTD
Group and dual-listed in the New York Stock Exchange and Singapore
Exchange, is Asia's leading
independent investment bank and asset management company. In recent
years, AMTD International successfully helped leading companies
such as Xiaomi, Meituan, 36Kr, Maoyan Entertainment,
Tongcheng-Elong, Meitu, BlueCity, Tiger Brokers and other leading
Chinese new economy companies to list in Hong Kong and US, serving as their trusted
strategic partner in the international capital markets.
In addition, AMTD and Xiaomi jointly established Airstar Bank,
one of Hong Kong's eight virtual
banks as well as AM Capital, a foreign-invested equity investment
company approved by Chinese regulators to operate nationwide (QFLP
and other licenses holder).
About 36Kr
36Kr is a leading brand and pioneering platform committed to
serving China's new economy participants, with a mission to
empower new economy participants to step up to a higher
level, connect and serve new economy communities including
start-ups, TMT giants, traditional enterprises, institutional
investors, local governments, and individual users, accelerate the
sharing and exchange of information, talent, capital and
technology, and drive a rapid, stable, and sustainable
development of the new economy sectors. On November 8, 2019, 36Kr was listed on NASDAQ under
the ticker symbol "KRKR". 36Kr's business is mainly divided into
three segments: online advertising services, enterprise
value-added services, and subscription services. Since it was
founded 10 years ago, 36Kr has established an enterprise
database covering more than 840,000 companies, and
served thousands of customers.
About AM Capital
AM Capital is jointly established by Airstar Digital, the
FinTech subsidiary of Xiaomi Corporation, and AMTD Group.
Approved by the Chinese regulators to operate the foreign-funded
equity investment management business on a national scale, AM
Capital is committed to invest in FinTech companies, industry
ecosystem builders, and smart manufacturing enterprises, to help
corporations secure low cost stable funding to support their
long-term development, and at the same time offer multi-dimensional
multi-level value-added services such as strategic advisory,
business model optimization, value chain consolidation, and
business development to pre-IPO or publicly listed companies.
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SOURCE AMTD
