Our Vision
Welcome to 5198 Holdings: Crafting Tomorrow at the Nexus of Tech and Purpose.
At 5198, we transcend the commonplace; we actively shape the future with a focus on pioneering emerging technologies. Guided by a core belief in forging a better world, we invest and incubate groundbreaking enterprises spanning AI, biotech, and material science. Simultaneously, we craft impactful consumer brands and compelling entertainment content. This dual approach is our distinct formula for contributing to the world we envision.
In essence, whether through cutting-edge tech or the joy of creating unforgettable experiences, our vision remains steadfast. Join us on a dynamic journey toward a brighter, more enjoyable future for all.
Vince Fong
I am a serial entrepreneur with a passion for innovation in energy, consumer goods, and advanced technology. My journey spans the Americas and Asia, where I've successfully launched and scaled multiple businesses.
In the tech world, I founded Highrise.ai, a specialized cloud provider delivering massive-scale GPUs in collaboration with Hut 8 (NASDAQ:HUT), one of the largest publicly-listed data center operators.
On the consumer side, I co-founded StickStack, a company that licenses and distributes celebrity-based consumer products. I also founded Raze, a leading lifestyle brand in Hong Kong, and 3RLabs, Shanghai's first eco-friendly shop promoting climate awareness. In the music industry, I initiated MagicRoom, a record label that's driving the house music movement in Asia.
I previously served as Chief of Staff at Hong Kong & China Gas (HKSE:0003), where I drove renewable energy initiatives and facilitated groundbreaking projects.
As a fourth-generation member of Hip Shing Hong Development, one of Hong Kong's largest real estate developers, I'm deeply involved in philanthropy through family foundations, contributing to the donation of over 500 schools and hospitals across China.
BUILDING
Raze
A leading lifestyle brand promoting wellness and mental health awareness through affordable, innovative everyday essential products.
StickStack
Powers APAC supply chains, focusing on production and market access for leading consumer brands.
MagicRoom
Bringing house music to APAC and providing a platform for Asian artists to integrate into the genre.
Highrise.Ai
Revolutionizing cloud computing with advanced GPU infrastructure and strategic AI solutions.
5198 Ventures
Propelling innovative startups in healthcare, AI, and consumer brands to shape a brighter future.
Active Portfolios:
QDM
Room-temperature superconductors, by designing new crystals using quantum principles
Wisdo
Social Health platform that delivers healthier days through the power of community.
Metha.Ai
Applying AI to reduce Methane emissions from cow burps
Tissue Dynamics
AI-driven drug development company using animal-free, human-relevant disease models and advanced discovery platforms.
Hut8
Building a next generation energy infrastructure platform | NASDAQ, TSX: HUT
Blaze.Tech
The Smarter No-Code Platform for Business
Voltara
Transforming houses into smart energy hubs
Elements World
Employee Carbon Data Platform
A Legacy of Impactful Giving
At 5198 Holdings, our journey goes beyond innovation; it's a legacy of giving back. Since the inception of Hip Shing Hong Holdings in 1948, led by the visionary Dr. Henry Fong Yun Wah and his father, our commitment to philanthropy has stood as a testament to visionary leadership. This dedication spans generations and thrives under the contemporary leadership of 5198 Holdings. Philanthropy isn't just a goal; it's our ultimate mission, with 10% of our profits committed to charitable causes since the 1960s. Join us in transforming not only technology but also lives through meaningful giving. Explore our legacy, be part of our journey, and witness how, at 5198, every success is an opportunity to make the world a better place.
Fun Fact: In 1994, the asteroid 5198 was named after Dr. Henry Fong Yun wah, recognizing his contributions and philanthropy.
Contact Us Today
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