ChinaRock Capital Management has rewarded investors in its five-year-old venture capital fund with 27 times their initial outlays by scoring huge returns from financing start-ups involved in everything from artificial intelligence to ride sharing.
The US$37.5 million CRCM Opportunity Fund has distributed more than US$1 billion since it was set up in 2013, Toby Zhang, a venture capital partner of ChinaRock, said by telephone from San Francisco. An earlier venture capital fund returned more than US$300 million. Read More...
I generally prefer Western food to Chinese, especially for breakfast. But there are many local eateries that I frequent. What I look for is variety. That’s why I prefer getting four or five dishes to share.
My husband and I have dim sum on Sundays at Luk Yu Tea House (24 Stanley Street, Central, tel: 2523 5464). I also really like Shung Hing Chiu Chow restaurant (29 Queen’s Road West, Sheung Wan, tel: 2854 4557). Read More...
The picturesque suntrap has plenty to keep visitors busy, from ancient Greek cities and Roman temples to vineyard tastings and scuba-diving sites (preferably not on the same day). Unfurl a towel on one of the many beaches or hire a car and enjoy a lazy lunch in a timeless rural village (nutritionists claim the traditional Cypriot diet is among the world’s healthiest).
Getting there: From Hong Kong, Royal Jordanian flies to Cyprus via Amman, which throws up the tempting possibility of a visit to Petra en route. Read More...