Hang Feng International Donates HKD 12 Million for Fire Relief Efforts
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 28 2025
0mins
Source: PRnewswire
- Emergency Relief Commitment: Chairman Qian Fenglei of Hang Feng International Group announced a personal donation of HKD 12 million to support emergency relief, medical assistance, and reconstruction efforts following the severe fire at Wang Fuk Court, demonstrating the company's strong sense of responsibility and community support.
- Corporate Social Responsibility: Qian not only leads Hang Feng International but also chairs WellCell Holdings and Hang Feng Technology Innovation, consistently engaging in philanthropy and reflecting the close ties between business and society through his actions during major public emergencies.
- Ongoing Development Monitoring: Hang Feng International Group will mobilize its subsidiaries to closely monitor developments post-fire, coordinate resources, and ensure that all funds are effectively delivered to those in need, showcasing the company's proactive role in crisis management.
- Building a Warmer Society: The company emphasizes that corporate growth is inseparable from societal support and plans to collaborate with its listed subsidiaries and various sectors to foster a more resilient Hong Kong, enhancing community solidarity and mutual assistance.
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About FOFO
Hang Feng Technology Innovation Co Ltd is a holding company principally engaged in the provision of corporate management consulting services. The Company operates its business through two segments. The Corporate Management Consulting Service segment mainly provides management consulting and regulatory compliance and governance consulting services. The Asset Management Service segment mainly provides asset management services, including fund subscription and fund management services, and receive subscription fees and management fees accordingly.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Hang Feng International Donates HKD 12 Million for Fire Relief Efforts
- Emergency Relief Commitment: Chairman Qian Fenglei of Hang Feng International Group announced a personal donation of HKD 12 million to support emergency relief, medical assistance, and reconstruction efforts following the severe fire at Wang Fuk Court, demonstrating the company's strong sense of responsibility and community support.
- Corporate Social Responsibility: Qian not only leads Hang Feng International but also chairs WellCell Holdings and Hang Feng Technology Innovation, consistently engaging in philanthropy and reflecting the close ties between business and society through his actions during major public emergencies.
- Ongoing Development Monitoring: Hang Feng International Group will mobilize its subsidiaries to closely monitor developments post-fire, coordinate resources, and ensure that all funds are effectively delivered to those in need, showcasing the company's proactive role in crisis management.
- Building a Warmer Society: The company emphasizes that corporate growth is inseparable from societal support and plans to collaborate with its listed subsidiaries and various sectors to foster a more resilient Hong Kong, enhancing community solidarity and mutual assistance.
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Hang Feng Technology Receives Approval for Upgraded Virtual Asset Management Licenses
- License Upgrade: Hang Feng International Asset Management Limited has received approval from the SFC to upgrade its licenses, enabling it to provide virtual asset-related asset management and investment advisory services, marking a significant milestone in the company's digital asset strategy.
- Service Expansion: The newly acquired Type 4 and Type 9 licenses allow HFIAM to offer investment advice on virtual assets and manage portfolios with over 10% virtual asset exposure, addressing the growing demand from professional investors.
- Market Positioning: Operating within Hong Kong's robust regulatory framework, Hang Feng aims to enhance its appeal to institutional and professional investors by providing compliant access to virtual asset investment opportunities, thereby driving business growth.
- Strategic Vision: The company plans to leverage these upgraded licenses to deepen service offerings, accelerate business expansion, and deliver secure and transparent investment solutions in the digital economy, further solidifying its trusted position in asset management.
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