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Search Result for “financial services”

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Hong Kong wealth gap narrows, but rival Singapore sees 23% increase

South China Morning Post, Published on 12/07/2024

» HONG KONG: Wealth inequality in Hong Kong dropped by 6% over the past 15 years but rival Singapore recorded an almost 23% increase over the same period, a report by a multinational bank has found.

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Hong Kong's WeLab eyes Southeast Asia digital banks

South China Morning Post, Published on 20/06/2024

» HONG KONG - WeLab, a Hong Kong-based fintech unicorn backed by billionaire Li Ka-shing, is exploring the idea of setting up digital banks across Southeast Asia and providing its technology services to conglomerates in Malaysia, Vietnam, Thailand and the Philippines.

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China's ban on Australian lobsters has Asean members clawing way into market

South China Morning Post, Published on 24/01/2024

» Southeast Asian countries are fishing for more opportunities to get their lobsters onto Chinese plates, and analysts expect that the trend will not only intensify, but it will also become increasingly difficult to reverse the longer that Beijing's protracted ban on Australian rock lobsters remains in effect.

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Chinese fintech giant Ant Group unveils own AI large language model, along with new Web3 brand, in push to expand presence in financial sector

South China Morning Post, Published on 10/09/2023

» Ant Group has launched its own large language model (LLM) - the technology used to train chatbots like ChatGPT - and a new Web3 brand targeting Hong Kong and overseas markets, as the Chinese fintech giant boosts its capabilities in generative artificial intelligence (AI) for the financial services industry.