Press releases about business, cryptocurrency, fintech and more news in Hong Kong and Asia

DBS opens up digital exchange for accredited wealth investors to trade crypto

SINGAPORE – DBS Bank on Friday announced the roll-out of self-directed crypto trading on DBS digibank, enabling the bank’s wealth clients who are accredited investors to trade cryptocurrencies on the DBS Digital Exchange (DDEx) at their convenience. For a start, some 100,000 DBS Treasures wealth clients in Singapore will be able to trade four cryptocurrencies […]

TheCapitalNet awarded Best Private Market FinTech Solutions Provider 2022 by Wealth & Finance International

MENLO PARK, CA & HYDERBAD, IN, Sep 8, 2022 – (ACN Newswire via SEAPRWire.com) – TheCapitalNet, Inc., a leading enterprise SaaS and financial technologies company, has been awarded Best Private Markets FinTech Solutions Provider 2022 by Wealth & Finance International. TheCapitalNet was recognized for transforming the private markets and private investments eco-system through technology, while […]

Norway sovereign wealth fund loses $239 billion in first half of 2022

OSLO (REUTERS) – Norway’s sovereign wealth fund, the world’s largest, made a loss of 1.68 trillion Norwegian krone (S$239 billion) in the first half of 2022, it said on Wednesday (Aug 17), as stocks and bonds were hit by global recession fears and rampant price inflation. The US$1.3 trillion (S$1.79 trillion) fund’s return on investment was […]

Hywin Holdings to Acquire Beijing iLife3 Technology to Expand into Health Management Industry

Hywin Holdings to Acquire Beijing iLife3 Technology to Expand into Health Management Industry

SHANGHAI, China, Aug. 05, 2022 (GLOBE NEWSWIRE via SEAPRWire.com) — Hywin Holdings Ltd. (“Hywin”, or the “Company”) (NASDAQ: HYW), a leading independent wealth management service provider in China, today announced that it has entered into a series of definitive share transfer agreements and capital increase agreement with Beijing iLife3 Technology Co. Ltd (“Life Infinity”), one […]

Futu Announces Investment Grade Rating Reaffirmed by S&P Global Ratings

HONG KONG, July 28, 2022 (GLOBE NEWSWIRE via SEAPRWire.com) — Futu Holdings Limited (“Futu” or the “Company”) (Nasdaq: FUTU), a leading tech-driven online brokerage and wealth management platform, today announced that S&P Global Ratings (“S&P”) reaffirmed the Company’s long-term issuer credit rating at “BBB-” and maintained stable outlook on the long-term rating. According to S&P, Futu […]

Puhui Wealth Investment Management Co., Ltd. Announces Financial Results for the Six Months Ended December 31, 2021

BEIJING, China, July 01, 2022 (GLOBE NEWSWIRE via SEAPRWire.com) — Puhui Wealth Investment Management Co., Ltd. (Nasdaq: PHCF) (“Puhui” or the “Company”), a China-based third-party wealth management service provider with a focus on wealth management services for high net worth (“HNW”) individuals and corporate clients, today announced its financial results for the six months ended […]

Hywin Holdings Appoints New Independent Director

SHANGHAI, China, June 27, 2022 (GLOBE NEWSWIRE via SEAPRWire.com) — Hywin Holdings Ltd. (“Hywin Wealth”, “Hywin”, or the “Company”) (NASDAQ: HYW), a leading independent wealth management service provider in China, today announced that Mr. Vincent Chun Hung Chan has been appointed to its Board of Directors, effective June 27, 2022. Mr. Vincent Chun Hung Chan […]