Singapore-based Pailin Capital Management Company opens its first overseas office in Hong Kong.

The Hong Kong Investment Promotion Agency announced on January 7 that Singapore-based asset management company Brighten Asset Management has opened its first overseas office in Hong Kong, leveraging Hong Kong's superior geographical location to serve as an important bridge between clients in North Asia and Southeast Asia. Assistant Director of the Hong Kong Investment Promotion Agency, Liu Zhiyuan, stated that Hong Kong is an international financial center with a recognized status, and also the largest international asset management center in Asia, making it an ideal base for Brighten Asset Management to expand its business in the region. CEO of Brighten Asset Management (Hong Kong) Limited, Kelvin Ho, mentioned that Hong Kong has risen to third place in the Global Financial Centers Index, and expressed confidence that the Hong Kong team will provide clients with a globalized and diversified platform to preserve and increase their wealth. They will actively seize the strong collaborative investment opportunities between Hong Kong and Singapore. He added that Hong Kong is not only the world's second-largest cross-border wealth management center, but also a crucial gateway to tap into the vast market of the Guangdong-Hong Kong-Macau Greater Bay Area, providing good opportunities to enhance and expand business. Brighten Asset Management is a boutique asset management company that offers investment solutions and wealth management services to professional investors. Brighten Asset Management in Hong Kong is regulated by the Securities and Futures Commission of Hong Kong, holding licenses for Type 4 (advising on securities) and Type 9 (asset management) regulated activities, subject to relevant licensing conditions.