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Greater China Digest: HKIC backs WeLab; ANTA Sports to buy German outdoor gear maker

Greater China Digest: HKIC backs WeLab; ANTA Sports to buy German outdoor gear maker

(From left to right) Clara Chan, CEO of the HKIC, Paul Chan Mo-po, financial secretary of the Hong Kong SAR Government, and Simon Loong, founder and group CEO of WeLab. Image courtesy of HKIC.

The Hong Kong Investment Corporation has invested in fintech unicorn WeLab, while ANTA Sports has announced plans to acquire German outdoor wear maker Jack Wolfskin.  

Edited by: Joymitra Rai

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