Posts From Rebecca Oi
Key Highlights: How Hong Kong’s New Budget Pushes for Digital Innovation
Hong Kong’s economy faced significant challenges in 2022 due to adverse external conditions. The global economy was affected by rising energy and commodity prices and high inflation levels, adversely affecting advanced economies. The Special Administrative Region, which is one of
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Fintech Insights from the Asian Financial Forum 2023
This year’s Asian Financial Forum (AFF) was held when the global economy faced many challenges. Against this backdrop, the forum provided a timely and unique platform for policymakers, business leaders, and experts to share their insights on the outlook for
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5 Notable Fintech Investments in Asia By Japan’s SoftBank
Since its inception, SoftBank Group Corp. has made a name for itself as a significant player in the tech startup industry. But it has been a tough year for the Japanese conglomerate and its CEO Masayoshi Son, as valuations for
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Jack Ma Steps Down From Ant Group: The Inside Story
Jack Ma, the billionaire founder of Alibaba Group, is giving up control of the fintech unit Ant Group after China cracked down on the tech giant. Ma, one of China’s wealthiest men, has agreed to give up his voting rights
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Year in Review: Hong Kong’s Top 5 Most Important Fintech Stories In 2022
Hong Kong’s emergence as a fintech hub is no secret as the city has long been at the forefront of adopting new technologies and developing innovative financial products and services. In recent years, Hong Kong has seen a surge in fintech
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China’s E-Commerce: Resilient Amidst Economic Downturn
With a population of 1.4 billion, China has all the makings of a hotbed for e-commerce, a match made in heaven. According to Global Data, the most populous country has a compound annual growth rate of 13.3 percent between 2018 and 2021,
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Hong Kong and Singapore Leads The Way in Green Fintech Development
Hong Kong and Singapore are leading the five economies in Asia-Pacific Economic Cooperation (APEC) in green fintech development, according to a joint paper by ESG and sustainability education firm, GoImpact, and the Chinese University of Hong Kong’s Business School (“CUHK
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The Dark Side of the Internet: Online Fraud and Scams in Hong Kong
In recent years, Hong Kong has become a hotbed for online scams and crime, with many citizens falling for new and creative ways that defraud their money and sometimes their life savings. Fraudsters are constantly finding new ways to exploit
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Hong Kong’s Game Plan to Win Back Role as Digital Asset Hub
Hong Kong’s digital asset industry has been dealt a blow in recent years, with the city losing its luster as a global hub for digital assets. As the global landscape of digital assets evolves, Hong Kong is taking steps to
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China To Dominate The Insurtech Industry: New Report Shows
A new report estimated that China’s insurtech market would grow 36.88 percent CAGR between 2022 and 2031 to reach 34.05 trillion yuan (US$4.76 trillion). In 2021 alone, the market’s revenue was 1514 billion yuan (US$211.7 billion), according to Research Nester,
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