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

Rangers Shocked at the Cathedral

first_imgNPFL…NPFL…NPFL…*Big wins for ABS, MFM on Match-day One By Duro Ikhazuagbe Nigeria Professional Football League (NPFL) defending champions Rangers International FC started the 2016/2017 season on a faltering note yesterday, losing 1-2 to neighbours Abia Warriors at the Cathedral in Enugu.The Flying Antelopes drew the first blood through new buy, Fortune Omoniwari ten minutes into the game, before Emeka Isaac’s deflected effort leveled terms for the visitors midway through the first half.However, in the 72nd minute, Godwin Zaki got the winner from a penalty after Chibuzor Madu handled the ball inside the area. Rangers had similarly lost the Charity Cup that is the league season opener to Federation Cup champions, IfeanyiUbah last Wednesday at the patchy Abuja National Stadium.Elsewhere, newly promoted Abubakar Bukola Saraki (ABS) FC shocked Akwa United FC with a 3-1 win at the Kwara Township Stadium. Mohammed Mohammed had given the home side the advantage on the 12th minute, before Godspower Igudia headed home the equaliser for the visitors, seven minutes later. Stone Evbuomwam restored ABS’s advantage at the half hour mark from a penalty, before Abubakar Chindo capitalised from a defensive blunder to put the game behind the Promise Keepers from Uyo. In Lagos, three first half goals from Olatunbosun Sikiru, Odey Stephen and Adekunle Adegboyega was enough for Mountain of Fire and Miracles Ministries Football Club to record it’s first 3-0 home win of the season against  Niger Tornadoes at the Agege Township Stadium.The Lagos-based team thrilled their fans with sumptuous display of their tiki-taka brand of football as they recorded the biggest win of the Match Day 1 of the new season.Coach Fidelis Ilechukwu and his wards will travel to Nnewi to face FC IfeanyiUbahon Wednesday in Match Day 2.At the Lekan Salami Stadium, goals from Afolabi Waheed and Sunday Faleye helped Shooting Stars to a comfortable 2-0 win against visiting Lobi Stars while in Calabar, Ibrahim Mustapha’s solo effort was all seven time champions, Enyimba International needed to dispatch a determined Sunshine Stars of Akure. It was the People Elephant’s ground testing fixture on their adopted stadium, having dumped Liberation Stadium that hosted their fixtures last season.It remains to be seen when the Enyimba International Stadium will be ready to accommodate the teeming supporters of the former African Champions starved of action on their home turf for the second season on the trot.Goals from Guy Kuemian and new signing from relegated Heartland, Emeka Ogbuh helped Rivers United to a 2-1 win at home to El-Kanemi Warriors. Bello Kofarmata got visitor’s consolation goal deep into added time.Plateau United handed newcomers, Remo Stars their first baptism in the top flight with a hard fought 2-1 win at Sagamu while Wikki Tourists and Nasarawa United shared the spoils in Bauchi.Earlier on Saturday, the new season started on a bizarre note in Kano with IfeanyiUbah FC players abandoning the flagship match of the 2016/17 NPFL season against Kano Pillars.In all, twenty two goals, seven home wins and two away victory characterised match-day one.center_img Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegramlast_img read more

Harold (Fred) Stocking, 80, funeral service is set for Sunday, Jan. 6

first_imgHarold StockingHarold F. (Fred) Stocking, Jr., 80 years old, died peacefully at home with his family by his side on December 31st, 2012, following a courageous battle with cancer.He was a retired Boeing machinist, union steward, and USD 259 school bus driver, and was known to the kids as The Colonel.  He was an active minister with humble service to all that he met.  He led a wonderful example of non-judgmental love for everyone.  He was truly loved by all and will be missed.  His kindness was matched only by his selflessness and generosity.  He was an active member of the Seventh Day Adventist Church and also had a passion for golf.  He loved his family and spending quality time with them all.Proceeded in death by his loving wife, Nancy; father, Harold F. Stocking, Sr.; brother, Gary Stocking; and grandsons, Wade Titus and Travis Stocking.Survived by mother, Dorothy Barry; sister, Sherry Kline; sons, Daryl (Lee), Bradley (Becky), Marlon (Chong); daughters, Tammy Titus and Kristi (Mike) Sims-Miller, numerous grandchildren, great-grandchildren, nieces, and nephews.We will always carry your loving memory in our hearts.Funeral Services will be held at the Seventh Day Adventist Church, 820 W. 27th Street South, Wichita, KS on Sunday, January 6, 2013 at 1:00 P.M.  Interment will follow the service at the Osborne Cemetery in Mayfield, KS at 3:30 P.M.Visitation will be held at the funeral home on Saturday, January 5, 2013 from 1:00 – 8:00 P.M.  The family will be present to greet friends from 6:00 – 8:00 P.M.Memorials have been established with the Wichita Adventist Christian Academy and Harry Hynes Memorial Hospice.  Contributions can be left at the funeral home.Frank Funeral Home has been entrusted with the arrangements.To leave condolences or sign our guest book, please visit our website at www.frankfuneralhome.netlast_img read more