According to Odaily, Jingji Financial International (01468) has announced the formation of an Investment Committee, effective from December 15, 2024. The establishment of this committee aims to boost operational efficiency and strengthen investment decision-making and risk management processes, particularly in light of the group's strategic focus on cryptocurrencies and related technologies.
The Investment Committee will be responsible for reviewing appropriate transactions involving virtual assets, including cryptocurrencies, as well as formulating investment strategies and managing these assets. It will also provide recommendations to the board of directors. Furthermore, the committee will evaluate, approve, and suggest various investment opportunities proposed by the group's management team.
Leung Siu Kee has been appointed as the chairman, and Mr. Kong Wai Chi has been named a member of the Investment Committee. Additionally, the board may periodically engage professional investment and financial advisors with relevant expertise to assist the committee in effectively fulfilling its duties.