Archive
Mainland China Pilots Cross Border Investments with Hong Kong and Macau
The People’s Bank of China, the Hong Kong Monetary Authority, and the Monetary Authority of Macao have implemented a pilot scheme called the Wealth Management Connect to facilitate cross-boundary investment by individual residents in the Guangdong, Hong Kong and Macao
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Cyberport to Boost HK Fintech Talent Pool with HK Government’s US$15.5 Million Fund
Cyberport today announced that it has been commissioned by the Financial Services and the Treasury Bureau to implement the “Fintech Anti-epidemic Scheme for Talent Development” (FAST), established under the second round of the Hong Kong Special Administrative Region (HKSAR) Government’s
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What is A Digital Currency and Why They Are The Real Revolution
Technology is transforming payments, and one of the most widely talked about innovations in this regard has been digital currencies. Despite its growing dominance in international headlines, many who are unfamiliar with the scene find themselves asking “what is a
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Alibaba’s Online Bank Unveils Five-Year Plan to Acquire More SME Customers
MYbank, the digital bank under Ant Group (formely known as Ant Financial) which is part of the Alibaba Group, today announced a five-year plan to reach more small and micro enterprises (SMEs) across China via supply chain finance and rural
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