Fintech Hong Kong | Wealthtech Archives

Wealthtech

HKMA Unveils List of 19 Eligible Banks for the Cross Border Investment Scheme

The Hong Kong Monetary Authority (HKMA) has released the list of 19 eligible banks in the country which can launch the cross border Wealth Management Connect (WMC) services. These banks, together with their respective Mainland partner banks whose eligibility have

Wealthtech

ZA Rolls Out Fund Service for Retail Investors in Push for Wealth Democratisation

ZA One, an integrated financial services platform under ZA International, has rolled out a fund service for individual investors in a bid to democratise wealth management. Users can now invest via the ZA One app with a minimum subscription fee

Wealthtech

China Kicks off Multibillion Dollar Investment Link With Hong Kong and Macau

China has officially launched the Wealth Management Connect (WMC) with Hong Kong and Macau to carry out cross-boundary investment in wealth management products distributed by banks in the area. The Wealth Management Connect trading scheme will initially handle a total fund

APAC Wealth Firms Not Keeping Pace With Digital Transformation Are Destined to Fail

Refinitiv released the findings of its Wealth Management report titled “The Gold Standard of Wealth Management: Redefining investor experiences in Asia-Pacific”. The firm recently surveyed over 500 investors in Asia-Pacific to understand how their trading activities, data needs and digital

Wealthtech

LU Hong Kong Launches AI-Backed Robo-Advisor “Lucy” With BNY Mellon

Lufax Holding’s subsidiary LU Hong Kong has partnered with BNY Mellon Investment Management to launch an open robo-advisory platform, offering tailor-made asset allocation solutions through its professional AI investment consultant “Lucy”. The Hong Kong Securities and Futures Commission (SFC) had

Wealthtech

ZA’s New Wealthtech Offering Democratises Retail Access to IPOs

ZA International has announced the launch of a new integrated financial brand ZA One which offers the IPOGo service, enabling users to capture investment opportunities in initial public offerings (IPOs). IPOGo focuses on capturing the growth of IPOs of Hong

Blockchain/Bitcoin Wealthtech

Robo Advisor AQUMON Unveils Bitcoin Investment Solution

Robo-advisor AQUMON has introduced SmartGlobalX, a smart bitcoin ETF investment portfolio that integrating its flagship SmartGlobal algorithms with a Bitcoin Exchange Traded Fund (ETF), to allow clients to invest in securitised cryptocurrency assets from US$ 1,000 onwards. AQUMON said that

Virtual Banking Wealthtech

Airstar Bank Now Offers Foreign Exchange Trading Services

Airstar Bank, a virtual bank that began full operation in June 2020, has introduced a new foreign exchange (FX) service so that customers can capitalise on investment opportunities in the ever-changing global FX market. The virtual banks said in a

Wealthtech

AQUMON Develops Robo Advisory Platform for CMB Wing Lung Bank

AQUMON has developed a robo advisory platform called Wealth-Tech Services for the CMB Wing Lung Bank to provide the latter’s clients with sophisticated, low-cost, and transparent investment options. The Wealth-Tech Services is embedded in CMB Wing Lung Bank Wintech mobile

Wealthtech

Robo Advisor StashAway Rolls Out Services in Hong Kong

Digital wealth management platform StashAway announced that it will now be available to Hong Kong residents and is licensed by the Securities and Futures Commission (SFC). StashAway is an investing platform that provides intelligent asset allocation with global ETFs for