William Lin

We’re thrilled to announce the launch of Coral Capital IV, a JPY 25 billion (~$160m with the cheap JPY!) fund dedicated to building legendary companies in Japan. Thanks to the unwavering support of our Limited Partners (LPs), we exceeded our JPY 20 billion target in just three months, achieving an oversubscribed close. This fund includes a mix of domestic and international institutional investors, strengthening our global reach. With this fund, we can invest anywhere from JPY 50m to JPY 3 billion in companies from Seed to Series C, bringing our total AUM to approximately JPY 60 billion. When I started my first company in Japan, annual investment in startups was around JPY 100 billion. Today, it's nearing JPY 1 trillion. Inspired by firms like Y Combinator and a16z, we launched our first fund in 2016 to create the firm I wished existed when I was an entrepreneur. We've since invested in over 100 companies, supporting standout names like SmartHR, Kakehashi, and Kyoto Fusioneering. Our "Ecosystem VC" approach focuses on three pillars: Capital, Talent, and Insights, helping startups secure funding, attract top talent, and scale effectively. With increased ambition, talent, and capital flowing into Japan’s ecosystem, we’re excited to see Japan at an inflection point. As the government continues to make progress tearing down red tape and lifting the weights holding startups down, we believe that finding, backing, and supporting smart people aiming to solve hard but important problems is the way to help Japan thrive again.

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Binh Dinh has created a detailed roadmap containing 27 specific points that showcase their methodical approach to addressing issues related to the PNE Group's wind power project. This demonstrates their commitment to ensuring its success. They are fully prepared to implement 12 critical points during the investment preparation phase. This proactive approach demonstrates the readiness and unwavering commitment to the project's success. These 12 crucial points include: 1. Accurately determining offshore wind power development's proposed location and area. 2. Conducting procedures related to wind potential research and assessment. 3. Propose a pilot mechanism for offshore wind power development in Binh Dinh province to test the feasibility, environmental impact, and economic viability before full-scale implementation. 4. Resolving issues related to overlaps with the Phu My Port area, Long Son Port area, maritime transport routes, national defense activities, and other relevant planning. 5. Proposing to include the offshore wind power development area in the National Marine Spatial Planning for 2021-2030 with a vision towards 2050. This involves consultation with relevant authorities and stakeholders to ensure the project aligns with national planning and development strategies. Once they receive approval for the pilot mechanism implementation, they will move forward with an additional 15 points, including: 1. Applying for measurement, survey, and marine resource assessment permits. 2. Completion of related procedures so investors can conduct research and surveys as regulated. 3. Implementing investment, planning, land, environment, fire prevention, construction, and other related procedures so that investors can deploy the project construction by legal regulations. These steps are essential and meticulously designed to ensure the offshore wind power project is developed efficiently and complies with all legal regulations. 👉 Read more...

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🚀 **Southeast Asia: A Hotspot for FDI in 2024!** 🌏 In 2023, ASEAN countries experienced a surge in FDI inflows, reaching $236 billion, fueled by the diversification trend away from China. Vietnam, a standout performer, attracted investments in technology, renewable energy, healthcare, and real estate. Notably, Vietnam saw a remarkable 38.6% increase in FDI in the first two months of 2024, with significant contributions from Singapore, Hong Kong, Japan, and China. Singapore is bolstering its digital economy and supply chain resilience by implementing measures like the Significant Interest and Review Board (SIRB) to ensure both security and economic growth. Meanwhile, Cambodia is leading FDI growth in the region, benefiting from economic diversification and the Regional Comprehensive Economic Partnership (RCEP). The strategic economic policies and cooperative initiatives in Southeast Asia are making it an appealing destination for US and Western private equity firms seeking sustainable growth opportunities. The region's growth showcases its potential and attractiveness for investors keen on exploring emerging markets. #FDI #SoutheastAsia #PrivateEquity #Vietnam #Singapore #Cambodia #Investment #GlobalEconomy #ChinaPlusOne #DigitalEconomy #RenewableEnergy #RealEstate #EconomicGrowth #ASEAN Read more: [Vietnam's 2024 FDI Landscape: Opportunities, Incentives, and Emerging Trends](https://lnkd.in/e53K8C-m)

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我很榮幸與太平紳士及中文大學家族企業研究中心榮譽資深項目總監阮先生會面。我們討論了香港如何推動家族辦公室的擴展、中文大學家族企業研究中心的研究和未來發展方向等內容。同時，我也瞭解到一瑄家辦在快速發展的同時如何協助推動香港家族辦公室行業的發展。非常感謝您的分享和啓發，也感謝與合作的機會。我期待著在下半年實施我們的合作計劃。 I had the privilege of meeting Mr. Yuen JP, the Honory Senior Project Director of the Center for Family Business of CUHK. We discussed how Hong Kong is promoting family offices, the research conducted by the Family Business Research of CUHK, and its future development directions. Additionally, I gained insights into how Jadeite Family Office is contributing to the rapid growth of the family office industry in Hong Kong. I sincerely appreciate his sharing and inspiring me, as well as the opportunity for collaboration. I look forward to implementing our cooperation plans in the second half of the year. #jadeitefamilyoffice #familyofficeHK

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“We Not Me” Over the past years, I’ve been involved in numerous team-building activities, but none quite as impactful as dragon boat racing. This weekend, I am joining the CUHK EMBAA 🐉 Dragon Boat Team for the finals, proudly sponsored by my insurtech company, YAS 👏! Once you get on the boat, you will realize just how powerful it is when we shout “Are you ready?” and get the entire team to focus. Absolute silence follows, as we wait for the buzz. It’s 100% teamwork and synchronization in action. Whether in sports or in business, imagine if you can get everyone hyper-focused in that one vision, bringing in collective effort for a single mission. Finding a team that moves in one direction makes overcoming challenges not just easier, but also deeply rewarding. Success isn’t about individual effort but the collective harmony and strength of the team. In a dragon boat, no one is a hero 🦸 ; everyone matters. My company’s slogan, “Every Moment Matters,” captures this spirit perfectly. The best investment of time is in nurturing a culture that propels “we” instead of “me,” whether on the water or in the workplace. Every company can achieve remarkable things if leaders can place the right people in the right spots. Don’t put a powerful left-handed person on the right side! We also calculate the weight on both sides, front and back, to ensure perfect balance. Similarly, our entrepreneurial dreams require a dedicated team to transform vision into reality; everything has to be balanced! "If you want to go fast, go alone. If you want to go far, go together." Unity and teamwork are the keys! Wish us good luck 🤞! #relationship #truevalue #teamwork #dragonboat #everymomentmatters #entrepreneurship #YAS #Insurtech #CUEMBA

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With some of my personal thoughts: Market analysts are guessing that the BoJ may have already conducted a large-scale yen-buying intervention during Monday's yen swing. Their suspicion stems from a 5.5 trillion yen discrepancy between the BoJ's forecast for commercial bank deposits and last week's estimate by money market brokers. If that's the case, the BoJ is likely buying time until the Fed pivots to rate cuts, narrowing the interest rate differential. However, the central bank might need several more interventions to prevent the currency from plumbing new three-decade lows. The fact is, such a massive intervention can only move the rate around 500 pips, and the USDJPY uptrend shows little resistance. It's an extremely costly endeavor. Coupled with the market's waning fear of intervention and the potential resurgence of carry trades after the previous profit-taking, defending the yen could be an uphill battle for the BoJ.

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"The multifaceted development of CBDCs at both wholesale and retail levels demands a holistic approach to tackle related technical, macroeconomic, and financial challenges." - Prof. Kar Yan Tam, Dean of HKUST Business School and Acting Director of IEMS. This critical issue was addressed by experts at the CBDC conference. Learn more about their insights: https://buff.ly/3xPz2oe

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Vietnam’s healthcare sector is thriving, offering great opportunities for investors. Here’s a snapshot of what’s happening: 1. Healthcare M&A Market: Recent M&A activity in Vietnam’s healthcare sector includes: •   Thomson Medical Group bought FV Hospital for USD 381.4 million. •   Raffles Medical Group acquired a majority stake in AIH. •   Warburg Pincus invested in Xuyen A Hospital. •   KKR took a majority stake in Medical Saigon Group. •   CVC Capital Partners obtained 60% of Phuong Chau Group. In pharmaceuticals, Dongwha Pharma acquired 51% of Trung Son Pharma, and Adamed Pharma bought 100% of Dat Vi Phu Pharmaceuticals JSC. With only 17% of Vietnam’s 1,400 hospitals privately owned, there’s a huge market to tap into. 2. Digital Healthcare Growth: The digital healthcare sector is booming with telehealth services like JioHealth, Med247, and eDoctor, and online pharmacies such as Buymed and POC Pharma. Major global funds are investing heavily, indicating confidence in the market’s growth. 3. Regulatory Developments: New regulations are enhancing healthcare quality and access: •   Stricter licensing and skills testing for medical practitioners. •   Foreign doctors must now demonstrate Vietnamese language proficiency. •   Mandatory digitalization of medical records and prescriptions. •   Encouraging public-private partnerships (PPPs) in healthcare facilities. 4. Investment Opportunities: Vietnam is attracting private investment through incentives like favorable land use fees and tax benefits. Notable projects include the development of pharmaceutical industrial parks in Ho Chi Minh City and Thai Binh province. 5. Medtech Start-ups: The medtech sector is set for substantial growth, with the market projected to hit USD 905.8 million by 2024. Key areas include electronic health records, telemedicine, AI for disease diagnosis, and smart wearables. Significant investments include Mekong Capital’s USD 21 million in Gene Solutions and BuyMed’s USD 33.5 million. This article by Asia Counsel offers a detailed look into Vietnam’s healthcare sector. Read the full article: https://lnkd.in/gSszrzqU

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[JUL-6] Engagement Evening - HK Development & Transformation Series HKIOTA is honored to support Incu Lab's Engagement Evening - HK Development & Transformation Series: "Discussion & Innovative Thoughts on HK Housing: Living Arrangement of Grassroot & Middle Class Living and the Solution thru Social Innovation Thinking" Housing issues are the most important part of Hong Kong's people's livelihood policies. Over the years, various proposals have been made, such as developing public housing, the northern metropolitan area, Lantau land reclamation, accelerating public housing applications, and subsidizing home ownership. However, core challenges remain: - What are the key living issues faced by Hongkongers? - Can existing policies effectively address the problems? - Can the policies be integrated to solve the housing crisis? - Are there innovative ways to improve housing quantity and quality through social innovation? Join us on July 6th for an engaging dialogue where we'll explore these questions and work together as a think-tank and do-tank to create a better future for Hong Kong. Speakers: Frederick Fung - Former Member, Legislative Council - Former Member, Housing Authority - Online Radio Commentator Event Details: Date: July 6, 2024 (Saturday) Time: 2:00 PM Venue: 5/F., United Centre, 95 Queensway, Admiralty, Hong Kong Language: Cantonese, English, Mandarin Refreshments provided RSVP: https://lnkd.in/g3g98_7a Let's co-create solutions for Hong Kong's housing challenges through open dialogue and innovative thinking. See you there! #HongKong #Housing #SocialInnovation #UrbanDevelopment #CommunityEngagement

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[JUL-9] Engagement Evening - HK Development & Transformation Series HKIOTA is honored to support Incu Lab's Engagement Evening - HK Development & Transformation Series: "Discussion & Innovative Thoughts on HK Housing: Living Arrangement of Grassroot & Middle Class Living and the Solution thru Social Innovation Thinking" Housing issues are the most important part of Hong Kong's people's livelihood policies. Over the years, various proposals have been made, such as developing public housing, the northern metropolitan area, Lantau land reclamation, accelerating public housing applications, and subsidizing home ownership. However, core challenges remain: - What are the key living issues faced by Hongkongers? - Can existing policies effectively address the problems? - Can the policies be integrated to solve the housing crisis? - Are there innovative ways to improve housing quantity and quality through social innovation? Join us on July 9th for an engaging dialogue where we'll explore these questions and work together as a think-tank and do-tank to create a better future for Hong Kong. Insight Sharing Lai-Shan Sze 施麗珊 - Deputy Director, SoCO - Former Committee Member, Commission on Poverty Event Detail Date: 9th Jul, 2024 (Tue) Time: 7:00pm Venue: 5/F., United Centre, 95 Queeensway, Admiralty, Hong Kong Language: - Sharing: Cantonese - Dialogue & Q&A: Cantonese, English & Mandarin Remark: Refreshments will be provided at the event REGISTER NOW https://lnkd.in/gHwwVQSC

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📢 HashKey Group partners with GreenBTC.Club to reach carbon neutrality for Bosera Asset Management (International) Co. HashKey Bitcoin ETF. 🌱Through the "Bitcoin ETF Greening Initiative", HashKey Group will purchase renewable energy certificates based on the scale of holdings in the Bosera HashKey Bitcoin ETF to offset the carbon emissions generated by historical energy consumption of Bitcoin mining. Shareholders of the Bosera HashKey Bitcoin ETF will become 🌱"green" digital asset holders, supporting #ESG development and promoting the overall sustainable development of the #Bitcoin ecosystem.arkreen 👉 More about our "Bitcoin ETF Greening Initiative" https://lnkd.in/g_t3t4eb #BitcoinETF #Digitalasset

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Dicky Chow and Curtis Lam of the Healthcare and Social Innovation team of 團結香港基金 Our Hong Kong Foundation (OHKF) met with Solina Ngai, Executive Director, and Jimmy Lui, Finance Manager, of the Hong Kong Centre for Cerebro-cardiovascular Health Engineering (COCHE) to discuss Hong Kong's cardiovascular health situation. During the meeting, the team presented OHKF's research and advocacy work on primary healthcare and gerontechnology, emphasizing the potential synergies between OHKF and COCHE in promoting cardiovascular disease (CVD) prevention and the utilization of relevant technologies. COCHE was impressed by the volume and depth of OHKF's research and highlighted key areas for future research, particularly in revisiting and clarifying the roles and scope of work of district health centres (DHCs) in CVD prevention or detection, and in identifying effective deployment strategies for health detection technologies in various care settings in Hong Kong. COCHE also suggested that OHKF explore the mainland model for a more integrated R&D process for medical technologies which involves improving health data accessibility and streamlining the process from prototyping to clinical testing, as well as facilitating on-the-ground use. Recognizing the link between COCHE's medical technology development and OHKF's efforts to promote an age-friendly Hong Kong, COCHE encouraged OHKF to explore sustainable financing options for the installation, use, and maintenance of assistive and CVD detection devices beyond one-time subsidies. Both parties expressed willingness to further engage and explore holistic approaches to promote cardiovascular health from both top-down and bottom-up perspectives. #OurHongKongFoundation #OHKF #PrimaryHealthcare #Healthcare #Gerontechnology

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John Lee: HK Will Fully Focus on Economy, Development, and Livelihoods; Political Reform Not a Current Priority On June 25, John Lee, Chief Executive of HKSAR, told the media that HK will fully focus on boosting the economy, promoting development, and improving people's livelihoods. He stated that political reform is not a priority at the moment. Since taking office, he has addressed the legislation of Article 23 of the Basic Law, fulfilled constitutional responsibilities, and improved regional governance. John Lee stated that, the government will first focus on comprehensive economic development and improving people's livelihoods. He emphasized that he believes HK's economic growth this year will be between 2.5% and 3.5%. The various measures introduced, such as the removal of property market cooling measures and the normalization of transactions, will positively support the economy. Lee also mentioned that in terms of land acquisition, enough land has been found to meet the demand for public and private housing under the ten-year housing strategy. Secondly, Lee said that HK will strengthen its own advantages and seek new growth points, including implementing measures to attract talent and enterprises. In terms of government investment to stimulate the economy, HK will maintain annual public works spending at HK$90 billion, an increase of over 10% compared to the average of HK$76 billion in the past five years. Additionally, the government will host various events to boost consumption. Thirdly, Lee pointed out that Hong Kong will seize both national and international opportunities. This includes leveraging the 14th Five-Year Plan, the development of the Guangdong-Hong Kong-Macao Greater Bay Area, and the Belt and Road Initiative, as well as coordinated development within the Greater Bay Area. On the international front, opportunities include trying to join the Regional Comprehensive Economic Partnership (RCEP), etc.

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Providing hydrogen to local areas from FCV filling stations, FS survey covers Aichi Prefecture Aichi Prefecture, in collaboration with Chita City and 13 private companies, aims to introduce hydrogen filling stations (hydrogen stations) for fuel cell vehicles (FCVs) as a hydrogen supply base in the region. On June 28, the company announced that it would begin “a feasibility study on the commercialization of a low-carbon hydrogen model town in Chita City, Aichi Prefecture.” There are 35 hydrogen stations installed in Aichi Prefecture, the most in Japan. This project uses the hydrogen station in Chita City as a model case to explore the possibility of creating new regional demand for hydrogen in the commercial and residential sectors, including fuel cells, water heaters and boilers. Steam, other than FCV, is mainly commercial. We will investigate the feasibility of a system to deliver affordable low-carbon hydrogen to regions starting with hydrogen stations. https://lnkd.in/gw2c2fn5

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https://lnkd.in/gfC8P4XE #Investment #Korea #Entertainment #Bangtan Sonyeon Dan #RaemongRaein In South Korea's local activity sector, although the total amount of SKUs is not as high as in neighboring Japan, when focusing solely on drama and entertainment, South Korea's product lines and quantities are actually more representative than Japan's. This includes pilgrimage to drama locations, performances, and concerts. In recent years, BTS (Bangtan Sonyeon Dan) has even elevated to the level of diplomacy, becoming a driver of tourism GDP. Haize Capital believes one reason for this scale is that the drama and entertainment category has room to grow in the capital market. One of the hot topics recently discussed by the Korean media is the continuously rising market value of the KOSDAQ-listed drama production company "RaemongRaein (래몽래인, KOSDAQ: 200350)." During its capital increase, RaemongRaein secured funds from the youngest Blue Dragon Film Award-winning actor in Korean history, Lee Jung-jae (star of "Squid Game"), and the big data marketing firm Wider Planet (KOSDAQ: 321820). Lee Jung-jae purchased about 500,000 shares, while Wider Planet bought 1.81 million shares. Like companies such as RaemongRaein, the industry undergoes a qualitative change from quantitative growth, especially after acquiring funds through market financing. This includes purchasing intellectual property (IP), collaborations, and adapting IPs for film and TV, which not only provides excellent material but also attracts fan bases, thereby strengthening their moats. Popular webcomics and novels have loyal fan bases that can translate into TV viewership because fans want to see their favorite characters and stories in different formats. Conversely, according to Naver Webtoon data, many webcomics adapted into TV dramas see over a tenfold increase in original sales, evidenced by recent titles like "A Killer Paradox(살인자o난감)," "Moving(무빙)," "Pyramid Game(피라미드게임)," and "Marry My Husband(내남편과결혼해줘)." The synergy between capital and competitiveness creates a positive spiral, making South Korea's drama and entertainment industry more competitive. Previously, like Japan's manga market, only a few industry experts in Korea could earn millions of dollars annually, while the majority had incomes slightly better than subsistence level. However, with capitalization, South Korea's drama and entertainment industry has evolved into a highly competitive sector of national strategic value. The financing collaborations between production companies and Korean venture capital are exemplary.

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Congratulations to Taiwanese Startups for Their Outstanding Achievements! 🎉 At the 2024 SelectUSA Investment Summit, Taiwanese startups shined brightly. Led by the Small and Medium Enterprise and Startup Administration, TAcc+, and the Department of Industrial Technology TREE Program, 19 innovative startups participated. Among them, EndoSemio secured first place in HealthTech🥇; Charco Science and Research achieved second place in OpenTech🥈; and Rephimmune Biotechnology earned third place in HealthTech🥉. Additionally, six other startups ranked among the global top 10 in their respective categories: ICT/Software - Turing Drive and IsCoolLab; CleanTech - Amelio Biomedical and Sino Applied Technology; OpenTech - World Long Company and TAC Dynamics. Taiwan's startups outperformed those from other countries, gaining significant international recognition! This achievement clearly demonstrates that with TAcc+'s training, startups can effectively enhance their international competitiveness! 🚀 Beyond the summit, TAcc+ facilitated further engagement by taking startups to Silicon Valley to connect with ecosystem partners. They participated in startup forums, investment matchmaking events, and corporate visits, helping teams build networks and increase visibility. If you aspire to represent Taiwanese startups at next year's SelectUSA Summit or aim to enter the U.S. market and penetrate the Silicon Valley ecosystem, join TAcc+!

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