Tech investments in China are focused on 3 trends, says Antler

first_imgSuch wireless ecosystems would contribute to the overall effort to combat climate change, which is an area that investors are increasingly paying attention to, he said.Eric Lin, head of research at UBS Securities in China, said Chinese investors are looking more at ESG research. ESG stands for environmental, social and governance factors that investors consider when deciding which assets to put their money in.For example, investors may consider whether their investments are generating returns from driving positive changes in the world, or simply supporting something that’s not doing harm.Typically, such investments “tend to generate higher risk-adjusted returns,” which is good news for investors, said Lim, who spoke on the same panel. He added that “hot sectors” that attract investors in China include renewable energy and electric vehicles. – Advertisement – The next trend Wang shared is greater use of smart devices, which account for only 5% of household appliances in China, compared with around 20% to 30% in the U.S.“In the future, I believe, we will have this (percentage) go up to at least 30% to 40%, even to 50%” in China, he said. (L-R) Hongye Wang, partner of Antler; Eric Lin, head of research at UBS Securities in China; and Evelyn Cheng of CNBC on the first day of CNBC’s East Tech West conference in Nansha, Guangzhou on Nov. 17, 2020.Dave Zhong | Getty Images for CNBC Wang added that more of those devices — such as televisions and fridges — are likely to be wireless, which is the third and final trend that he sees. Going wireless means devices would need better batteries and power-control systems, he noted.- Advertisement – China, already home to technology giants such as Alibaba and Tencent, has more to offer to investors as the coronavirus pandemic accelerated tech adoption globally, a partner at an early-stage venture capital firm said on Tuesday.  Tech investments in the Asian economic giant are headed into three broad areas, Hongye Wang, a partner at Antler, said at CNBC’s annual East Tech West conference in the Nansha district of Guangzhou, China.First, he said that while e-commerce has a large presence in China, the pandemic has moved more activities online, such as education and medical services. That can grow even more in the future, he said during a panel discussion moderated by CNBC’s Evelyn Cheng.- Advertisement – – Advertisement –last_img read more

Steven Gerrard to face the man who ended his Liverpool career on Sunday

first_img Gerrard came on for Lucas Leiva with 20 minutes remaining scrap Steven Gerrard will come face-to-face with Brendan Rodgers on Sunday in the first Old Firm clash of the season.Although it is a fixture which needs no extra edge, it will see Rangers boss Gerrard test his managerial wits against the man who effectively ended his Liverpool career.Back in 2014, Rodgers took his Liverpool side to the Spanish capital of Madrid to face Champions League holders Real in their own back yard. Having been beaten 3-0 by Carlo Ancelotti’s men at Anfield just two weeks before, Rodgers decided to make drastic changes and dropped Raheem Sterling, Mario Balotelli and captain Gerrard to the bench.This was the moment the former England captain knew his career at his boyhood club was over.Speaking in 2015 to Rio Ferdinand on BT Sport as part of ‘Rio Meets Steven Gerrard’, he revealed: “This was round about the time when I was doing a lot of thinking about what’s next for me. “I’d had a couple of initial chats with Brendan saying to me ‘I’m going to start managing your games and I have to look after you and I want you to be fresh and I don’t want you to be playing three games in a week because you may be tired.’“But this situation was a bit unique because it was Real Madrid and I wanted to play.“When I was told I wasn’t playing for the sake of the team and the squad and my relationship with Brendan, I took it and I accepted it.“But I sat on that bench devastated because I wanted to play so, it is one of those situations.” Rodgers’ decision to bench Gerrard for a Champions League clash at the Bernabeu was the final straw 2 2 Lucas Leiva, Joe Allen and Emre Can started in the Reds’ midfield ahead of Gerrard that evening, as Real won 1-0 thanks to a strike from Karim Benzema.For Gerrard, he was to stay at Liverpool until the end of the season before ending his 17-year affiliation by moving to MLS to play for LA Galaxy. Gerrard launches furious touchline outburst as horror tackle on Barisic sparks chaos Latest Scottish Premiership newslast_img read more