Supporting Local Entertainment Industry Through Actions Poised for the Tokenized Economy
The December 2025 source record for the launch and subscription of the fund linked to The Novara Ball and its then-proposed tokenisation.
Original release · 18 December 2025
This is Esperanza’s announcement as published at the time. It is a historical company record, not a statement of current product availability or regulatory endorsement.
The Fund has launched and completed subscription. Subject to regulatory approval, tokenized investment will be supported.
(Hong Kong, December, 2025) Esperanza Fintech (Securities) Limited ("EF Securities") today announced the successful launch of an investment fund themed around the Hong Kong entertainment industry (the "Fund"). EF Securities has submitted an application to the Securities and Futures Commission of Hong Kong (SFC) to tokenize the relevant fund interests. The Fund’s underlying investment relates to the economic interests in Vic Teo’s (張與辰) New Year’s Eve concert "The Novara Ball", scheduled to be held on December 31, 2025. Fund investors will be entitled to participate in the net proceeds derived from concert ticket sales and sponsorship income, after deduction of costs.
Mr. Ronald Leung, solicitor and Managing Director of ESPE Capital Solutions said: "Many capital market investors wish to access investments in the cultural and entertainment sector. Traditionally, however, challenges include layers of intermediaries, non-transparent cost structures, and high investment thresholds. Esperanza, as a co-organizer of the concert, enables investors to directly participate in the concert’s core economic interests through a special-purpose investment fund structure. At the same time, the Fund leverages financial technology to significantly lower investment thresholds, shorten subscription processes, and optimize the subsequent transfer mechanisms of Fund units."