Fore Elite Opens Up Flagship Virtual Asset Fund After Seven Years
Fore Elite Capital, the sole virtual asset hedge fund management firm in Hong Kong to secure three regulatory uplifts from the Securities and Futures Commission (SFC), has announced the opening up of its flagship digital asset fund to external investors for the first time, albeit only for selected professional investors.
Fore Elite Capital has announced that it will distribute an annual dividend of a total of around HKD 240 million by 30th April 2025
As the only virtual asset hedge fund in Hong Kong to have received threes times of approvals from the Securities and Futures Commission (SFC) for an uplift in asset management license, Fore Elite Capital has distributed dividends 16 times since 2018. CEO Ye Yizhou stated that this will be the fund's last cash dividend for 2025. Starting in April 2025, the Company’s flagship fund will open for external fundraising for the first time. The Company is about to celebrate its eighth anniversary and is also entering its fourth year of officially holding a virtual asset license from the Hong Kong SFC. Mr. Ye mentioned that the Company's next phase will focus on collaborating with private banks and other fund distribution channels to provide compliant virtual asset fund products for investors.
Fore Elite Capital has disclosed the fund performance of its flagship fund
Fore Elite Capital has disclosed the fund performance of its managed VA fund - Fore Elite Flagship Fund SP since the establishment of the fund.
Fore Elite Capital distributes a cash dividend of approximately HKD 186 million in the first quarter of 2025
Despite a 34% decline in the market capitalization of virtual assets from a peak of USD 3.69 trillion to a low of USD 2.44 trillion in the first quarter of 2025, Fore Elite Capital has decided to distribute a cash dividend of approximately HKD 186 million at the end of the quarter to bolster market confidence. As the only virtual asset hedge fund in Hong Kong to have received threes times of approvals from the Securities and Futures Commission (SFC) for an uplift in asset management license, the Company has distributed dividends 15 times since 2018. Fore Elite Capital is about to celebrate its 8th anniversary and marks its fourth year since officially obtaining a license to invest in virtual assets from the Hong Kong SFC.
Fore Elite Capital distributes dividends against market trends, strengthening industry confidence
Since early February 2025, the sharp decline of Meme coins on the Solana chain has triggered market fluctuations. Fore Elite Capital has announced that after distributing HKD 60 million in cash dividends in January, it will distribute another HKD 30 million in cash dividends in February to boost investor confidence. As the only virtual asset hedge fund in Hong Kong to have received approval from the Securities and Futures Commission for an uplift in the asset management license three times, the Company has cumulatively distributed dividends 14 times since 2018 and has maintained stable returns during multiple market downturns.
Fore Elite Capital has decided to distribute approximately HKD 60 million in dividends around the Lunar New Year in 2025
Fore Elite Capital announced today that their flagship fund will distribute approximately HKD 60 million in dividends to investors around the Lunar New Year in 2025. This dividend will be the 13th cash dividend since the group's establishment.
Fore Elite Flagship Fund Completes Third Upgrade, Obtains SFC Approval for Stablecoin Subscription and Redemption
Most recently, the SFC has accepted Fore Elite's proposal to enable stable coin subscriptions and redemptions for the Flagship Fund
Fore Elite Capital announces dividend of approximately HKD 180 million for Q1 2024
Fore Elite Capital announced today that their flagship fund will once again distribute dividends to investors in the first quarter of 2024, with a dividend amount of approximately HKD 180 million. Mr. Ye Yizhou, CEO of Fore Elite Capital, stated that the group has distributed cash dividends approximately 12 times since its establishment 7 years ago.
Interview of Ejoe Ye, CEO of Fore Elite Capital Management, after winning the award for Digital Assets at the HFM Asian Performance Awards 2023
Fore Elite Capital Management Limited was one of the coveted winners of the evening, scooping the award for Digital Assets at the HFM Asian Performance Awards 2023. After the award ceremony, With Intelligence spoke with Ejoe Ye, CEO of Fore Elite Capital Management, to discuss the highlights as a business over the past year, the successes and his prediction for the upcoming challenges in the new year.
Fore Elite Flagship Fund SP has been awarded the HFM Asia Hedge Fund Performance Award, becoming the Best Digital Asset Fund
Fore Elite Flagship Fund SP managed by Fore Elite Capital Management Limited received three nominations in the HFM Asia Hedge Fund Performance Awards, including "New Fund of the Year," "Best Fund of the Year," and "Best Digital Asset Fund". It ultimately won the "Best Digital Asset Fund" award at the 2023 HFM Asia Hedge Fund Performance Awards.
Fund managed by Fore Elite Capital Management Limited will distribute a cash dividend of approximately HKD 60 million for the second half of 2023
According to an investor letter issued by a third-party fund service provider, Precision Fund Services, Fore Elite Capital Management Limited, a licensed virtual asset management company regulated by the Hong Kong Securities and Futures Commission, announced on November 8, 2023, that its flagship fund, Fore Elite Flagship Fund SP, will distribute a cash dividend of approximately HKD 60 million for the second half of 2023.
Fund managed by Fore Elite Capital Management Limited will distribute a cash dividend of approximately HKD 45 million for the first half of 2023
Wu Talk says, according to an investor letter issued by a third-party fund service provider, Precision, Fore Elite Capital Management Limited, a licensed virtual asset management company regulated by the Hong Kong Securities and Futures Commission, announced on July 6, 2023, that its flagship fund, Fore Elite Flagship Fund SP, will distribute a cash dividend of approximately HKD 45 million for the first half of 2023, bringing the total for 2023 to over HKD 100 million.
The first compliant cryptocurrency hedge fund in Hong Kong targets the wealthy: distributing HKD 70 million in dividends during market downturns
The first compliant cryptocurrency hedge fund in Hong Kong targets the wealthy: distributing HKD 70 million in dividends during market downturns
(Bloomberg) Crypto Fund Reports 14% Gain as Silvergate Crisis Spurs Selloff
Fore Elite Capital recorded a 14% increase in net asset value for its $100 million crypto pool in the first year of its operation, the company says in an emailed statement.
Fore Elite Flagship Fund has been approved for a second uplift, becoming one of few licensed hedge funds with digital assets globally
SFC recently approved a second uplift for Fore Elite Flagship Fund SP, becoming one of the few licensed hedge funds with digital assets. This is a significant breakthrough for the fund industry and provides additional protection for investors.
The Hackathon has attracted more than 100 teams of elite hackers from around the world
The Hong Kong Digital Asset Society (HKDAS, hereinafter referred to as the "Society") held the Hackathon 2023 Launch Ceremony and Industry Leaders Forum in Cyberport today (February 4). Officiating guests included Mr. Sun Dong, Secretary for Innovation, Technology and Industry, JP, Mr. Chan Ho Lian, Under Secretary for Financial Services and the Treasury, JP, Mr. Tam Yiu Chung, Member of the Standing Committee of the National People's Congress of China, GBM, GBS, JP, and Li Hui, Chairman of the Hong Kong Applied Science and Technology Research Board Optical Engineer, BBS, JP, Hon David Chiu from the Technology and Innovation Constituency of the Legislative Council and Mr Wai Hong Lee from the Financial Services Constituency of the Legislative Council.
Fore Elite Capital has settled cash dividends exceeding HKD70 million
According to a letter sent to investors today by an independent fund service company, Precision. Fore Elite Capital Management Limited has completed the settlement of cash dividends exceeding HKD70 million for the fiscal year 2022 on January 6th, 2023.
Licensed funds welcome the Hong Kong government's supervision and even prohibition of unlicensed exchange of cryptocurrency
The Hong Kong government recently passed the Anti-Money Laundering and Counter-Terrorist Financing (Amendment) Bill 2022 and has begun its second reading, which is to increase its supervision of digital assets.
(Bloomberg) HK-Approved Crypto Fund Reports 14% Return Despite Market Rout
Fore Elite Capital recorded a 14% gain for its $100 million crypto fund from its March launch to the end of July, company says in an emailed statement.
(Bloomberg) HK-Approved Crypto Fund Raises $100 Million With Huobi’s Backing
Fore Elite Capital has raised $100 million for its fund investing in virtual assets, after clearing licensing conditions with the Hong Kong Securities and Futures Commission in January, company says.
Hong Kong’s Fintech New Force - Fore Elite Capital Management Limited
Hong Kong’s fintech new forece - Fore Elite Capital Management Limited is justifiably approved by the SFC to manage 100% ...
Fore Elite Capital Management Limited approved to issue 100% virtual asset funds
Fore Elite Capital Management Limited ("Fore Elite") gladly announced that it has successfully obtained the approval of the Hong Kong Securities and Futures Commission (the "SFC") on January 18, 2022, which allows Fore Elite to manage and distribute 100% virtual asset funds under the SFC's "Proforma Terms and Conditions for Licensed Corporations which Manage Portfolios that Invest in Virtual Assets" ("T&C").