Riverchain has launched a HK$400 million fund to support the working capital needs of the city’s subcontractors and construction suppliers. Hong Kong’s construction sector is currently facing significant challenges, with a widening financing gap. The use of back-to-back payment arrangements, lengthy receivable periods, and time-consuming paper-based processes is tying up an estimated HK$53.8 billion in the construction supply chain annually. This situation highlights the urgent need for accessible and efficient working capital solutions for the industry.
Riverchain以優化行業資金流和收窄日益增長的營運資金缺口為目標，透過科技打造建造業融資平台，吸引新資金支持業界發展。Riverchain 的開創性數碼平台運用先進科技，加上專有的風險模型，能為建造業提供快速、高透明度的融資解決方案，並能吸引對另類投資機會感興趣的私人和機構投資者，為他們的投資組合帶來多元化的回報獲益和風險程度。
總值四億港元的開放式基金由證監會持牌機構裕承科金（Arta TechFin）的子公司負責管理， 並將結合Riverchain 的豐富知識和平台優勢，為建造業帶來一個創新的融資替代方案。
“Riverchain is helping Hong Kong’s construction sector address the financing gap by building resilience in tough times and tread the path to sustainable growth. We believe in being a partner to a core sector that contributes to Hong Kong’s economic growth and this latest milestone provides a major boost in our mission to unlock more capital to support good businesses, complete projects on-time and safely, and get workers paid on schedule,” said Ben Wong, CEO of Riverchain.