Latest: Fintech News
Futu Holdings and UP Fintech Holding will remove their apps in mainland China this week amid Beijing's intense focus on data security and limiting capital outflows.
The move by Buffett’s Berkshire Hathaway was revealed in 13-F filings, which showed several other big funds had poured in millions in the Taiwanese chipmaker
Hedge funds in Asia have been investing in China's top private education groups and US tech giants working on artificial intelligence, regulatory filings from the first quarter reveal
General Wang Haijiang said the People's Liberation Army must learn the lessons of the Ukraine conflict and turn to AI and cyber weapons to take on the West
Some 24 Chinese firms have changed auditors since 2022, according to an analysis of filings by Nikkei, which said many did that to avoid being delisted from US exchanges
Data on industrial output and retail sales in April was well under forecasts, while youth unemployment hit a record 20.4%, suggesting China needs to do more to bolster its recovery
The findings come on the heels of a declaration by G7 finance ministers and central bank governors to support measures to counter illicit activities by state actors
As the impact of charges levelled against consultancy firm Capvision reverberates across the industry, some consultants in China are now scrambling to reduce risk
The investment in factories that will make AirPods for Apple is expected to create many thousands of jobs in southern Telegana state
TikTok's parent company ByteDance allowed a Chinese Communist Party unit to censor content and access all TikTok data, a lawsuit filed in the US on Friday alleges.
In This Section
AF Fintech Insights
-
Southeast AsiaCan Singapore Oust Hong Kong To Be Asia’s Fintech Leader? -
Fintech InsightsHow Livestream Shopping Works In China
Recommended: AI News
Recommended: Crypto News
Recommended: Blockchain News
AF TV: Fintech Videos
Fintech: The Big Picture
With a market cap of$240 billion, chipmaker ASML is Europe’s most valuable tech company. Its market-leading position comes from its monopoly in Extreme Ultraviolet Lithography (EUV) machines which allow chipmakers to make smaller, faster and smarter semiconductors
-
PaymentsCan China Take Place of SWIFT System? Analysts Say ‘No’There is no global payment system that is strong enough to act as an alternative to SWIFT and enable Russia to evade sanctions
-
MarketsChina Becomes World’s Second-Biggest Bitcoin Mining HubThe Bitcoin mining ban in China last year had collapsed its crypto markets. Despite that, the country has reemerged as a major bitcoin mining hub, according to research by the UK's University of Cambridge.
-
Market InsightsHere’s How China Can Win the Tech War With USAThe Chinese government is doubling down on incentives for innovation, which it believes to be the cornerstone of its future growth and international position.
-
Fintech InsightsAsia Becomes the Epicentre of Global NFTsAsia is the frontrunner in the NFTs craze with Central and Southeast Asia accounting for 35% of the $22 billion in global trade
Asia Financial is owned by Capital Link International Holdings Ltd, 902, Wilson House 19-27 Wyndham Street, Central, Hong Kong. www.capitallinkintl.com
