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03.05.26 - 08:00
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Why Singapore wealth-tech firms are choosing Hong Kong as their first overseas market (SCMP)
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Singapore wealth-tech firms are increasingly using Hong Kong as their first major overseas expansion market, betting that the city's large pool of idle savings, deep wealth base and role as a regional financial hub will support the scaling of their retail investment platforms.
The latest entrant, Chocolate Finance, launched in Hong Kong last month with a product targeting retail investors' idle cash. It offers 3.8 per cent annualised returns on the first HK$100,000 (US$12,763) with no minimum......
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03.05.26 - 04:00
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Singapore′s safe-haven status draws more Chinese capital into property sector (SCMP)
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China has become one of the largest sources of investment in land parcels and other properties in Singapore, as the safe-haven status of Southeast Asia's top financial hub continues to attract global capital, according to analysts.
China-linked developers and business entities have become more active in the market, said Alan Cheong, executive director for research and consultancy at Savills Singapore. “Chinese developers who have had experience in Singapore are now familiar with the rules,......
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