Busy people tend to ignore the basic needs of their bodies, especially when it comes to drinking water. That is why Groking Lab has developed Ozmo, a smart-bottle and app which track users’ beverage c ...More
EJ Insight2017-10-30
FinTech started gaining traction a decade ago, with its evolution taking on a new dimension after the 2008 global financial crisis. It allows entrepreneurs to disrupt the traditional financial sector ...More
EJ Insight2017-10-27
JPMorgan Chase & Co has partnered with data analytics startup Mosaic Smart Data to help its fixed-income sales and trading business become more profitable, Reuters reports. The bank, whose fixed-i ...More
EJ Insight2017-10-23
Shares of Qudian Inc, a Chinese online micro-credit firm, surged as much as 48 percent on their first day of trading on the New York Stock Exchange on Wednesday. The company, which priced its initial ...More
EJ Insight2017-10-19
JPMorgan Chase & Co. has agreed to buy payments company WePay Inc. in the bank's first sizable acquisition of a financial-technology startup, the Wall Street Journal reports. Following the deal, J ...More
EJ Insight2017-10-18
We live in revolutionary times with powerful implications of tech disruption, a shift to quantitative tightening and the populist revolt against globalization. With many markets near all-time highs an ...More
EJ Insight2017-10-17
The Hong Kong Monetary Authority, the city's de facto central bank, has unveiled seven initiatives in relation to FinTech development. The move has been applauded by industry participants. Still, many ...More
EJ Insight2017-10-11
Hong Kong has been lagging far behind in technology development. This has prompted authorities to unveil various measures to help the territory catch up. Among the raft of initiatives are seven measur ...More
EJ Insight2017-10-09
China’s first and largest internet-only insurer, Zhong An Online Insurance, raised US$1.5 billion in an initial public offering recently, making it the first major fintech listing in Hong Kong. With a ...More
EJ Insight2017-10-06
China's Zhejiang Geely Holding Group will increase its stake in Denmark's Saxo Bank to more than 50 percent by investing an additional US$300 million, Reuters reports. Geely said in May that it will t ...More
EJ Insight2017-10-03
CK Hutchison Holdings (0001) and Ant Financial Services Group, an affiliate of Alibaba Group, are forming a strategic partnership to offer digital payment services in Hong Kong. Hong Kong tycoon Li Ka ...More
EJ Insight2017-09-28
Macau may be the casino capital of the world, but when it comes to lotteries in this part of the world, Hong Kong is tops. We are not talking about Mark Six and its HK$80 million Mid-Autumn Festival S ...More
EJ Insight2017-09-28
A local developer has recently launched a starter-home scheme targeting college students. The developer will offer a 20 percent discount and an extra low down payment for eligible buyers. It’s reporte ...More
EJ Insight2017-09-28
Few issues in central banking are more likely to provoke anxiety than the fear of losing control of one’s currency. Earlier this month, the Chinese central bank banned initial coin offerings of bitcoi ...More
EJ Insight2017-09-27
Recently there has been a prevailing view in society that Hong Kong is lagging way behind other major international cities when it comes to promoting the use of electronic payment systems (or e-paymen ...More
EJ Insight2017-09-27
As the information and communications technology (ICT) industry has become the new global economic growth engine, it is of the utmost importance for our government to equip our workforce with the late ...More
EJ Insight2017-09-04
Mobile payment is gaining ground fast in many cities but Hong Kong is an exception. In China, a handful of cities such as Hangzhou have been in transition to cashless societies, and the country’s domi ...More
EJ Insight2017-08-22
China’s central bank has set up a clearing house for online payment services. The new platform, Nets Union Clearing Corp., will launch next year. All online payment services will route their transacti ...More
EJ Insight2017-08-09
“Taobao”, a Chinese term which means finding treasure, is part of a bigger process which is discreetly transforming the payment system and money or credit creation in the country. In the China Super L ...More
EJ Insight2017-07-26
Finance is a service industry that has become self-serving. The consequence, regrettably, is the frequent occurrence of debilitating financial crises that undermine economic growth and development wor ...More
EJ Insight2017-07-24
