Bernard Charnwut Chan, president of Asia Financial Holdings Ltd., right, speaks during a news conference in Hong Kong, China, on Thursday, May 5, 2016. Alibaba Group Holding Ltd.'s HK$1 billion fund for Hong Kong entrepreneurs is investing in GoGoVan, a hauling and delivery service that's one of the city's biggest startups, and other online services. Photographer: Justin Chin/Bloomberg via Getty Images