Wealthtech
HKEX Gears up to Launch New IPO Settlement Platform FINI in October
The Hong Kong Exchanges and Clearing Limited (HKEX) is set to launch its IPO settlement platform FINI in October this year. FINI will significantly shorten the time between the pricing of an IPO and the trading of shares from five
Read More
FSMOne Tackles the Pain Point in Seamless and Quick Investment Account Opening
Before fintech and digitalisation became prominent, investors had to fill in long and clumsy account opening forms and even pay a visit to the branch just to open an account at an investment platform or a brokerage firm. Out of
Read More
Digital Innovation Fuels Future of Wealth Management in Asia
As the affluent segments of Asia continue to expand, an increasing demand for more sophisticated wealth management has taken centre stage. The wealth pool of this rapidly growing market is expected to reach an astounding $4.7 trillion by 2026. These
Read More
Mox Bags License to Roll Out Hong Kong and U.S. Equity Trading Services
Virtual bank Mox announced that it has obtained a Type 1 (dealing in securities) license from Hong Kong’s Securities and Futures Commission (SFC) to enable it to roll out Hong Kong and U.S. equity trading services. Mox will soon pilot
Read More
ZA Bank Plans to Offer Crypto Trading for Its Retail Investors
Hong Kong’s virtual bank ZA said that it plans to introduce virtual asset trading services for retail investors under the city’s new licensing regime announced yesterday. By partnering with Hong Kong-licensed virtual asset exchanges, ZA Bank aims to obtain the
Read More
Fintech Reaches Mainstream Adoption in Hong Kong with 94% Penetration
In Hong Kong, fintech is reaching mainstream adoption among consumers. Digital payments are becoming the norm in people’s daily lives, virtual banking and wealthtech are gaining rapid traction, and virtual assets are emerging as a legitimate new asset class that
Read More
iFAST Wealth Advisers Awards 2023 Celebrates the Best in the Financial Industry
The iFAST Financial Hong Kong had organised its annual awards ceremony and cocktail event in The Upper House at Admiralty Hong Kong on 4th May 2023 to recognise outstanding advisors and companies in the past year. Since its launch in
Read More
Endowus Expands Footprint With Official Kick off in Hong Kong
Digital wealth platform Endowus has officially launched its digital wealth management services in Hong Kong, its first overseas expansion market after Singapore. Investors can start building single and multi-fund portfolios via the Endowus Fund Smart solution, offering over 140 funds
Read More
Crypto Exchange OSL Pilots AI-Powered Chatbot With ChatGPT Plugin
OSL, a SFC-licensed digital asset platform and member of BC Technology Group, has launched an Artificial Intelligence (AI) Trader Bot to offer an improved user experience to its clients. The beta client facing implementation of the AI initiative is expected to
Read More
HashKey Group Names Huobi’s Former CEO as Group COO
HashKey Group, a Hong Kong-based digital asset management and blockchain solutions provider, announced that it has appointed Livio Weng as its Group Chief Operating Officer (COO). He was the CEO of crypto exchange Huobi Global from 2018 to 2021. The
Read More