Wealthtech
Tokyo and New York Bourses Sign Agreement to Support Cross-Border Investment
Tokyo Stock Exchange (TSE) and the New York Stock Exchange (NYSE) announced a new agreement to support cross-border investment between the U.S. and Japan during Japanese Prime Minister Fumio Kishida’s visit to the NYSE. The agreement focuses on three key
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ZA Bank Rolls Out Investment Fund Service
Hong Kong’s virtual bank ZA has officially launched its investment fund service where customers can build their fund portfolios based on personal financial goals. Users can immediately subscribe to the funds after opening an investment account via the ZA Bank app
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Huobi Applies for Virtual Asset Trading Licenses from Hong Kong’s SFC
Investment holding company Huobi Technology has applied for trading licenses from the Hong Kong Securities and Futures Commission (HKSFC) through its subsidiary Huobi Services. Huobi has applied for the Type 1 (securities trading) and Type 7 (provision of automated trading
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WeLab Officially Launches Its Digital Wealth Advisory Solution
Hong Kong’s virtual bank WeLab announced that it has launched its digital wealth advisory solution, GoWealth Digital Wealth Advisory (GoWealth). Customers can now kick start their personalised investment plan from HKD100. In April this year, WeLab was granted Type 1
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Endowus Appoints New Head of Hong Kong to Lead Its Expansion Plans
Digital wealth platform Endowus has appointed Steffanie Yuen as its Head of Hong Kong as the firm expands to its first overseas market. Steffanie will establish and lead Endowus’ presence in Hong Kong as the firm looks to launch its
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Robo Advisor AQUMON Appoints Simon Lee as MD for Investment Solutions
Robo advisor AQUMON announced the appointment of Simon Lee as its Managing Director, Head of Investment Solutions effective Q2 of 2022. Simon will be stepping in to lead the investment solutions department in the management, production and distribution of the
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Quantifeed Secures Series C Fundraise Led by HSBC Asset Management
Quantifeed, a digital wealth management solutions provider for financial institutions, announces its Series C funding round led by HSBC Asset Management’s (HSBC AM’s) alternative investments business, HSBC Alternatives. The size of the funds raised were not disclosed. HSBC AM is
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Singaporean Robo Advisor Syfe Expands Its Footprint to Hong Kong
Syfe, a digital investment platform headquartered in Singapore, announced that it has expanded its footprint to Hong Kong, its first market expansion since its launch in 2019. The firm is licensed in Hong Kong under Types 1 (Dealing in Securities), 4
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WeLab Bank Granted License to Offer Digital Wealth Advisory Services
Virtual bank WeLab has been granted a license from the Hong Kong Securities and Futures Commission (HKSFC) to offer digital wealth advisory services. Having obtained the Type 1 (dealing in securities) and Type 4 (advising on securities) licenses, WeLab had
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Hong Kong’s Former Financial Secretary John Tsang Joins StashAway as Its Advisor
Southeast Asian digital wealth manager StashAway announced that John Tsang Chun-wah, Hong Kong’s former Financial Secretary, has joined its advisory committee. Tsang was the longest-serving Financial Secretary as he held the role from 2007 until 2017. Tsang brings a wealth
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