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
Silicon Valley startup Stripe has partnered with digital payment providers Alipay and WeChat Pay to enable merchants using its platform globally to accept payments from hundreds of millions of Chinese ...More
EJ Insight2017-07-10
European equities have suddenly become popular for various reasons. First, political risk in the region has mitigated. Second, economic numbers are improving, particularly those of Germany. Third, low ...More
EJ Insight2017-05-16
Large financial institutions across the world could lose 24 percent of their revenues to financial technology companies over the next three to five years, according to a new study by PricewaterhouseCo ...More
EJ Insight2017-04-06
China is at the forefront of the booming global fintech industry. While tech behemoths like Alibaba and Tencent seem to be conquering one area after another, they both hinted at scaling down their fin ...More
EJ Insight2017-03-27
Hong Kong has long been known as one of the world's leading financial centers, able to attract some of the best global talent and multinational organizations. While its strengths are widely recognized ...More
EJ Insight2017-03-21
As Lord Mayor of the City of London I represent the UK’s financial and professional services industry. As a result of the British public voting to leave the European Union last year, my role is now mo ...More
EJ Insight2017-02-17
Since the government put emphasis on the development of financial technology in the 2015 budget, fintech’s importance has become more widely recognized, Simon Loong, Welab chief executive and co-found ...More
EJ Insight2017-02-13
Philadelphia Federal Reserve Bank President Patrick Harker is open to raising interest rates again at the US central bank's March meeting if growth in jobs and wages continues, Reuters reports. "I sti ...More
EJ Insight2017-02-07
It’s no secret that cybersecurity threats and even attacks are on the rise. Businesses, governments and even everyday citizens are struggling to keep up with the increased sophistication and efforts o ...More
EJ Insight2016-12-30
The rapid growth of financial technology in China is largely due to two reasons. The finance sector has not been very efficient, leaving a lot of room for fintech to bring improvement. Also, regulatio ...More
EJ Insight2016-12-14
During the recent Hong Kong Economic Summit, guest speakers expressed mixed views regarding the prospects for the global economy and financial markets. Peter Wong Tung-shun, deputy chairman and chief ...More
EJ Insight2016-12-05
When the political situation gets complicated, people have a tendency to lose touch with fundamentals. We struggle to attain genuine democracy and autonomy, but in the meantime, our beloved city's com ...More
EJ Insight2016-11-16
It is normal that the rich want to see their wealth pass from one generation to the next to ensure a comfortable life for all the descendants. The distribution of assets, however, requires careful pl ...More
EJ Insight2016-11-16
Goldman Sachs recently launched a new online personal loan platform called Marcus, taking aim at the mass market. With minimum loan amount starting at US$3,500, Marcus is obviously positioned to compe ...More
EJ Insight2016-11-02
