Latest: Fintech News
The Hong Kong company, which provides loans and services to startups, briefly surpassed the value of Facebook-owner Meta
Experts say there could be major impacts, such as price surges, if Washington limits shipments of US chipmaking equipment to memory chip producers in China
Video games designer is in talks to spin off its China unit amid concern over foreign data storage and interest in expanding to the metaverse
Taiwan is home to the world's biggest semiconductors manufacturer, TSMC, and its shares closed down on Tuesday along with those of chip firms in the US and Germany
AMTD's shares have surged 9,413% since they were listed on the New York Stock Exchange on July 15.
TSMC factories would cease to operate if China invaded Taiwan, company chairman Mark Liu warns, reminding Beijing there are "no winners" if a country declares war
The move, if approved, would help protect the only US memory chip producers, Western Digital Corp and Micron Technology Inc
China's UnionPay cards are expected to be issued by leading Russian banks – Credit Bank of Moscow and DOM.RF – from early 2023; 11 others are already issuing them
Diablo took eight weeks from first release on June 1 to hit the $100 million milestone, according to Sensor Tower
The US Securities and Exchange Commission on Friday added Alibaba to a list of Chinese companies that could face delisting from US exchanges, triggering an 11% drop in its shares.
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AF Fintech Insights
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Southeast AsiaCan Singapore Oust Hong Kong To Be Asia’s Fintech Leader? -
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Fintech: The Big Picture
The 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.
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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.
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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
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MarketsBack to Earth: India’s Tech IPO Boom Turns to BustTech companies like Paytm, food delivery outfit Zomato, online insurance broker PolicyBazaar, and online fashion seller Nykaa were amongst the biggest losers.
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Market InsightsWorse to Come for Payments Merchant Paytm’s SharesThe pressure keeps piling on Warren Buffett-backed Indian payments merchant Paytm. Shares of its owner One97 Communications are in freefall and now it must deal with gloomy predictions about its future revenues.
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