Local fintech startup 8 Securities launched Hong Kong’s first artificial intelligence financial advisor and wealth management app in late 2016. About a year after App Chloe's launch, the robo-advisor ...More
EJ Insight2018-01-08
A decision by China’s central bank to rein in reserve funds held by payment firms could cost the industry upwards of US$689 million a year, spur consolidation and alter the way Asia’s biggest tech fir ...More
EJ Insight2018-01-08
Hong Kong Exchanges and Clearing (HKEx) has announced a proposal to allow the listing of "new economy" companies with dual-class share structure, and a revised listing rule for biotech companies with ...More
EJ Insight2018-01-05
I ran into an old friend at a fintech product launch the other day. He is Mok Chui-tin, LeTV's former chief executive for the Asia-Pacific region. He moved to the United States to develop internet ele ...More
EJ Insight2017-12-28
China’s digital economy is a force to be reckoned with. The country now accounts for 42 percent of global e-commerce, boasts one-third of the world’s most successful tech startups, and conducts 11 tim ...More
EJ Insight2017-12-27
Bitcoin does not currently pose a threat to the US banking system, a regulator said on Wednesday, pointing out that banks have little exposure to the virtual currency. Joseph Otting, who was sworn in ...More
EJ Insight2017-12-21
A US regulatory panel called for watchdogs to closely monitor risks created by financial innovation, warning that "fintech" and virtual currencies such as bitcoin threaten to disrupt the traditional f ...More
EJ Insight2017-12-15
Chinese smartphone maker Xiaomi Corp is eyeing an initial public offering next year, possibly in Hong Kong, Bloomberg reports, citing people familiar with the matter. The Beijing-based company is seek ...More
EJ Insight2017-12-05
