• Access to a large pool of investment opportunities that are difficult to reach on an individual basis

  • Choose your own level of time commitment in screening, investing, and managing the investment

  • Learn from each other regarding various startup sectors and investment skill-sets

  • Interact in a friendly environment among accomplished individuals for fellowship and networking

  • Experienced entrepreneurs, investors, business executives, professional service providers, scientists, engineers etc.

  • Prior experience with angel investment preferred but not essential

  • Willingness to share sector knowledge, business and investment experience and contacts

  • Joining with the aim of investing in companies with other members

  • Membership is usually by referral


The key focal point of our activities is the monthly members’ gathering where we conduct pitching sessions and discuss investment issues and club affairs.

The board, committees and investee company-focused groups meet separately for specific purposes.

Members are encouraged to attend the monthly gatherings and actively participate in club activities to the extent their travel and work commitments allow.


The club is guided by a board of directors and several committees, all comprised of members.

  • Alex Chen

  • Joseph Chang

Board of Directors

  • John Lo

  • William Yung
    (Vice Chair)

  • Lui Tong

  • Jason Lau

  • Mike Grundy

Governance and Membership

  • John Lo

  • Ivan Yim

Deal Committee

  • Alex Chen

  • William Yung

  • Joseph Chang

  • Lui Tong

External Relations

  • John Lo

  • William Yung

  • Demetrius Yuen


  • Ivan Yim


  • Alex Chen

  • Lui Tong


John Lo

Chairman & Founding Member

John is a senior level corporate commercial lawyer, qualified in both California and Hong Kong, and has been in private practice in both jurisdictions for over three decades. He started investing as an angel since the late 1990s, and has been a lawyer to startups and investors, as well as startup co-founder and advisor in the two decades. He holds BA, JD, MBA, all from the University of California, Berkeley, among other degrees. He is co-author/contributors to two books: Angel Financing: Principles and Practice for Investors and Entrepreneurs (Chinese, ET Press, 2009), and Angel Financing in Asia Pacific, a Guidebook for Investors and Entrepreneurs (Emerald, 2017). He is also an advisor to the Seraph Group, a US based angel fund.

William Yung

Vice-Chairman & Founding Member

Financial professional with a solid network in Greater China and North America. Broad experience in fundraising, new market entry strategies and business development of entrepreneurial companies. Extensive experience in incubation, angel investing, venture capital, private equity, real estate, information technology, healthcare and F&B. Bachelor of Commerce in Finance and Accounting from the University of Alberta.

Alex Chen


Alex Chen is an experienced strategy and market research consultant with deep experience in analyzing markets and designing sustainable business ICT solutions for technology companies including Amazon, Qualcomm and Microsoft through leveraging his diverse background in financial planning, reporting, business control, and strategic business analysis with responsibilities for global business units and functions.Previously Controller for NSP at Hewlett Packard then Director of Strategy for Education at Microsoft, Alex has a BSc in Psychology from University of Alberta, MBA from Columbia Business School and Certification from Harvard Business School Executive Education.

Jason Lau


Jason is an investment banker turned tech entrepreneur/investor with experiences in the capital market, e-commerce, blockchain/cryptocurrencies, software development, marketing strategies and venture capital. He is the CEO and Co-founder of KALO Inc., a social e-commerce marketplace and digital marketing engine. Prior to his tech adventure, his finance career in Equities and ECM spanned across Goldman Sachs, Credit Suisse and and BOCOM International among cities of New York, Tokyo and Hong Kong. Jason is also an Executive Director of Pak Tak Trading Co Ltd. that engages in metal trading business and property investments. He serves as an Executive Committee member of the Hong Kong Digital Asset Society. Jason received a B.A. from Tufts University, an M.S. from Columbia University, and an MBA from Tsinghua University/MIT.

Joseph Chang


After 20+ years in senior roles in equities, trading and derivatives, Joseph has more recently embarked on a new career in Fintech. He has co-founded a trading firm focused on digital assets, as well as an AI driven stock investment platform for retail investors. Joseph has an engineering degree from Boston University and an MBA from Rutgers University.

Lui Tong


A strategic entrepreneur specialising in business innovation & tech enablement and cross-border e-commerce while injecting vitality into companies. She has managed top international MNCs and is a serial entrepreneur having been involved in numerous startups, expanding businesses internationally. Over the years Lui evolved from a pioneer member at the world's earliest social media platform to orking closely with leaders like Alibaba, Amazon, JD, Rakuten, Coupang to established global cross-border eCommerce networks and omni-channels to launching the world's first commercilised IA mirror. Ms. Tong was named in the Top 50 Innovative Retail Leaders in Hong Kong, is a VP of the Hong Kong Federation of eCommerce and the President of the University of Washington Alumni Association in Hong Kong.

Mike Grundy


Mike has 40 years of experience in the Pulp and Paper Industry in various parts of the world. After attaining his bachelors in Paper Science, he worked in paper manufacturing before moving to provide chemical solutions to pulp and paper industry. For the first 20 years of his career, he worked in England and North Europe before moving to Asia in 1996. In 2000, Mike co-founded Amazon Papyrus Chemicals (Hong Kong) and has been leading the company as a CEO since that date. Under his prudent leadership, innovative vision for chemical solutions, and financial acumen, Amazon Papyrus has established itself as a leading solution provider for process chemicals to the Pulp and Paper Industry in Asia Pacific region. Presently Amazon employs almost 500 people in various countries.

Bernard Lau

Founding Member

Bernard is the Honorary Chairman - Hong Kong Federation of Innovative Technologies and Manufacturing Industries Ltd., the Honorary President - Hong Kong Metal Merchants Association, the President Emeritus - Professional Validation Council of Hong Kong Industries and the Vice President - Hong Kong Brands Protection Alliance.

Charles Poon

Founding Member

Charles has over 20 years experience working in electronics manufacturing, telecom and software industry in both legal and business capacity covering China and SE Asia. BEng and LLB from Sydney University, LLM from GWU and Beijing University, MSc from UC Irvine. Attorney New York.

Demetrius Yuen

Founding Member

Over 20 years of experience in corporate finance, acquisitions, disposals, restructuring, private equity, venture capital, entrepreneurship, investor relation, board governance, equity fund raising, opinions for connected transactions and minority shareholders, startup consulting and accelerator consulting. Worked on numerous transactions globally. BS, Biomedical Engineering, cum laude, Boston University. MBA, University of Southern California. Global Leadership Development Program, Ivey Business School, Western University, Canada.

Howard Lee

Founding Member

Over 20 years of experience in banking & finance. American with global working experience in New York, Silicon Valley, Hong Kong, China, Taiwan, and Indonesia. Co-founder of Bridge Bank in Silicon Valley. BA, UC Berkeley. MBA, Thunderbird School of Global Management.

Ivan Yim

Founding Member

Ivan is a director of Centalent CPA in Hong Kong. He has a bachelor degree in social sciences and a master degree in corporate finance. He was also awarded with the practising and specialist certificates (corporate finance) by the Hong Kong Securities Institute. With over 30 years of setting up financial operations for companies in Asia, he has worked as financial controller, company secretary and CFO across various industries. He has advised on providing corporate finance and restructuring multinational companies. Ivan also actively participates in IPO works in Singapore and Hong Kong and helps fund raising of new setup companies.

Luis Lui

Founding Member

Advisor / mentor for start-up companies focusing on accelerating growth, with experience running global and Asia Pacific business for high tech companies in the areas of enterprise software , software as a services ( SaaS) , internet services and IOT solutions. Luis graduated with an engineering and a management degree from McGill University, Canada.

Anthony Wu

Mr. Wu has over 20 years experience in equity investment research, specialising in the Asia real estate industry. Before retiring in 2016, he was managing director of the global investment research division of Goldman Sachs (Asia), spearheading the effort of building and managing a regional real estate investment research team across major Asia markets including China, Hong Kong, Singapore, India and Japan. He obtained a master’s degree in accounting and finance from London School of Economics and Political Science.

Charles K. Cheng

Charles K. Cheng is Vice Chairman and Past President of AAMA PRD Chapter after spending 20 years in various marketing and business development roles in Silicon Valley and Asia. Charles has led and launched products and businesses with record-breaking revenues of >US$500 million, drove M&A deals and founded entrepreneurial ventures. Charles is an active angel investor with current investments in China and Silicon Valley. His target investment areas include multimedia, internet infrastructure, robotics, software and storage. Charles received BA in Engineering Science from Oxford University and MBA from Stanford University.

Charles Luchango

Charles is the Principal at Arete Capital Asia Limited (ACAL), and has 25 years in Hong Kong Financial Services sector. Charles is actively involved in direct investments in to both early stage and later stage companies, with a particular focus on the Information Technology and Agricultural Technology fields. Charles received a degree in Business Administration/Finance from the University of Colorado at Boulder.

David Lam

Over 35 years of experience in the banking and investment management industry. Experienced entrepreneur with solid track records as Head of major Private Banks and Asset Management company in the Asia Pacific region. David received his Bachelors degree in Economics and MBA from the University of Southern California.

Edmund Fan

Over 20 years of experience in managing an education business, private equity investments and a R&D technology company startup. Edmund is a qualified Hong Kong solicitor, focusing on civil litigation and commercial cases. Edmund graduated with a degree in Business Economics (University of Salford, UK) and a degree in Law (Nottingham Law School, UK).

Dr Felix Fu Keung Li

30 years of experience in medical practice with specialization in kidney disease. Trained in laboratory research and clinical science, Dr Li is an honorary consultant at the Hong Kong Sanatorium & Hospital and the Canossa Hospital (Caritas) Hong Kong. Graduated from the Medical School of the University of Hong Kong and accredited as a specialist in nephrology.

Jimmy Chen

Jimmy Chen is Managing Partner and Chief Enabling Officer of Amrop China, a talent and leadership success solution firm. Before that, Jimmy held global and regional executive positions at Aleris, Noveon, and Dow Chemical. Jimmy shares with his local and foreign clients what it takes to succeed in cross-cultural and globalization management – from market entry, greenfield, JV, M&A, restructuring, board design to major stakeholder relationship – covering various sectors including chemicals, consumer, new retail, digital, mobility, agriculture, renewables and private equity; and spanning across both private and public sectors. Jimmy holds bachelor and master degrees from the University of Manchester and the University of Stirling. He also attended leadership programs at IMD, INSEAD and the Kelley School of Business. Married with two sons and two hounds, he enjoys traveling, racket sports and helping entrepreneurial and innovative leaders achieve sustainable success and happiness.

Ken Sue

Kenneth Sue is an investment and finance executive. He has been involved in the financial markets for the past 30 years, most recently as a Senior Managing Director at Union Bancaire Privee, responsible for Investment Services and Treasury and Dealing. This encompassed investment activity across all asset classes, on both a discretionary and advisory basis, whilst also responsible for balance sheet management and dealing. Prior to wealth management, Mr Sue was a senior executive in the global markets operations for HSBC, Deutsche Bank, Merrill Lynch, Bankers Trust and Westpac with extensive experience across investment products, derivatives and securities markets across all asset classes.

Mark Yong

Mark has over 20 years’ experience in the Supply Chain and biotechnology industry. He was an early member of the e-commerce giant, Alibaba as well as a co-investor/board member of 2 biopharma start ups, Comprehensive Drug Enterprise and Alephoson Biopharmaceutics. A major part of his career was spent in emerging markets such as Vietnam, Cambodia, China and India, alongside the UK.

Mark is also a business mentor for SowAsia (Social Enterprise). He holds a Degree and DPhil in Molecular Biology (Liverpool & Oxford University, UK) and was a researcher at the Liverpool School of Tropical Medicine, sponsored by the World Health Organization (WHO).

Simon Lo

Simon has been a real estate practitioner for more than 25 years focusing on market research and project advisory. He served a board range of companies from stockbrokers, banks to real estate consultancy firms. Based in Hong Kong, he has launched his real estate consulting firm since February 2016 and operated an on-line real estate intelligence platform namely, He is also a licensed real estate agent (E-395442) in Hong Kong. Apart from investment sales advisory, he has been providing independent real estate consultancy services to financiers, private equities and investment managers. He holds BSc (Estate Management) from University of Reading, UK and MSc (Real Estate) from University of Hong Kong.

Steve Phan

In his 25 year experience in the financial industry, the last decade of which as Managing Director, Steve held positions in a range of businesses ranging from corporate lending, financial markets and derivatives, primarily in London, New York, and Hong Kong, within Paribas, Merrill Lynch, HSBC and Standard Chartered. He holds an MSc in Aerospace Engineering from ENSAE (France) and and MBA from the University of Chicago.

TC Pang

Mr. Pang has 11 years of experience in corporate finance advisory and was approved as responsible officer and registered under SFC. He participated in various IPO projects, including New Media Group Holdings Limited (Main Board) (708.HK), Emperor Watch & Jewellery Limited (Main Board) (887.HK), GreaterChina Professional Services Limited (GEM Board) (8193.HK), Synertone Communication Corporation (Main Board) (1613.HK), Icicle Group Holdings Limited (GEM Board) (8429.HK) and reverse takeover project for Longhui International Holdings Limited (Main Board) (1007.HK). His other strong experience includes unconditional mandatory cash offer, rights issue, open offer, capital reorganization, whitewash wavier application, major transactions, continuing connected transactions and connected transactions.