Li Jiacheng'S Investment In New Technology "Artificial Leather" Will Come Out

according to

Wen Wei Po reported that Li Jiacheng had been keen on developing creative technology, and the Li Jiacheng foundation, following the "artificial eggs", will be displayed in the week.

"We are in a data driven and capability led economy," Li Jiacheng said in a recent interview with Singapore's media email. "Subversion" has become the mainstream, and we will continue to invest heavily in start-ups with potential value.

The so-called "subversive" technology companies, with the meaning of "breaking the old and building the new", Li Jiacheng's private venture capital investment in Hong Kong (HorizonsVentures) has shifted to biotechnology and hi-tech industries in recent years. The new technology announced earlier will undoubtedly impact the times, whether it is "artificial egg" company HamptonCreek or LED lamp company Nanoleaf.

According to Forbes, Li Jiacheng is sitting on an estimated $31 billion (about HK $240 billion), and the amount of investment alone on the start-up company is as high as $350 million (about HK $2 billion 720 million).

This week, the Li Jiacheng foundation and Victoria harbour will hold an exhibition entitled "technology clip", including Singapore and Shanghai. The 7 start-ups are from the United States, Israel, Canada and the United Kingdom, including "artificial leather".

Cotton prices have dropped to their lowest level in five years in recent days, after a record high in 2010.

The cotton price for delivery orders in December this year is 49.69 euro cents (62.59 cents) per pound, which only goes back to October 7th of 2009.

China has announced a reduction in imports, and cotton prices have plummeted by 26% compared with last year.

The Commerce Department said a few weeks ago that the market was in full pition.

Huge cotton stocks are sufficient to meet China's demand in the next 4 to 5 years.

Only after this stage can China return to the market and push prices up again.

Don't forget that the cotton price crisis that shook the textile industry in 2010 was largely attributable to China.

As China expects cotton prices to rise, it buys large quantities of stocks, pushing up cotton prices, while others are looking for the remaining cotton stocks.

For the time being,

One of the obvious consequences of the low position and China's withdrawal from the cotton trading market is that India will catch up with China in cotton production.

India's cotton output reaches 30 million packs, compared with China's cotton output of 29 million 500 thousand bales this year, while last year's output reached 32 million packs.