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Companies

Singapore's GIC takes stake in Hong Kong data company MioTech

China's Guotai Junan joins funding as startup develops ESG management platform

The Belchatow coal-fired power plant in Poland: MioTech's platform helps client companies manage and report their ESG data.   © Reuters
NARAYANAN SOMASUNDARAM, Nikkei Asia chief banking and financial correspondent | China

HONG KONG -- Singaporean sovereign wealth fund GIC and Chinese securities company Guotai Junan International are taking minority stakes in MioTech, a Hong Kong startup that uses artificial intelligence to generate data for asset managers and investors around Asia.

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