Various

Hong Kong’s Stock Exchange Collaborates with Ping An on Fintech and Analytics

Ping An Insurance and Hong Kong Exchanges and Clearing (HKEX) have entered into an agreement to develop cooperation and collaboration in fintech and data analytics. The purpose of the MOU is to enhance the financial market ecosystem of the region.

Read More

Best Brand Forward – How to Make Your Startup Appear More Professional

You never get a second chance at a first impression – this statement is applicable within all contexts in life, and even more so when it comes to business. If you’re an entrepreneur or the owner of a startup, you’ll

Read More

Deutsche Bank Rolls Out Digital Signatures

Deutsche Bank announced that digital signatures are now being rolled out for clients in Asia Pacific. As cross-border document and contract signing can be a time consuming process, this solution helps to streamline and expedite the client experience. The bank

Read More

Eddie Yue Appointed as New HKMA CEO; Executive Director Resigns Citing Personal Reasons

Eddie Yue, who currently serves as the Deputy CEO of HKMA will succeed Norman Chan as the new CEO in October. The 54 year old incoming CEO Eddie Yue, started his career in civil service in 1986 and joined HKMA

Read More

When It Comes to Payments, Its Risky to Use Your Face

In China, platforms and services like Alibaba’s Alipay and Tencent’s WeChat Pay have brought facial recognition payments to online and brick-and-mortar retail stores. But as biometrics and facial recognition technologies become mainstream, experts and regulators are concerned about the privacy

Read More

Fintech is Hong Kong’s Strongest Innovation Sector, Study Concludes

KPMG and Alibaba Entrepreneurs Funds’ joint report has made it official—fintech is ranked as Hong Kong’s strongest innovation sector, beating out segments like smart city, artificial intelligence, e-commerce, big data, and many others. The conclusion was found when entrepreneurs and

Read More

Hong Kong’s Central Bank is Now Working with France to Cultivate Fintech Innovation

The Hong Kong Monetary Authority (HKMA) and Autorité de Contrôle Prudentiel et de Résolution (ACPR), France’s central bank, entered into a Memorandum of Understanding (MoU) on 5 July 2019 to help each other grow their fintech. Under the MoU, the HKMA

Read More

Cyberport’s 350 Startups to Gain Access to Ping An’s Fintech Open Platform

Cyberport signed a memorandum of understanding Ping An’s fintech arm One connect to o be among the first batch partners of the company’s open Fintech SaaS (Software-as-a-Service) platform, “Gamma O”. The arrangement allows Cyberport’s 350 startups to enjoy priority to

Read More

A Snapshot of Fintech in Hong Kong in 2019

Hong Kong is expected to see a boost in fintech activity after a relatively disappointing year in 2018 as the region saw a sharp dip in the total value of investments. According to Accenture, this was due to new measures

Read More

Tencent’s Fintech & Cloud Unit Generates US$ 3.1 Billion in Q1 of 2019

In their quarterly results announcement, Tencent revealed that its fintech and cloud services generated RMB21.8 billion (US$ 3.1 Billion) in the first quarter of 2019, a 44% year-on-year growth. This quarter marks the first time the Chinese internet giant is

Read More