17 Jul '17, 11am

China's Lufax to launch first overseas platform in Singapore

SINGAPORE (Reuters) - Chinese online wealth management giant Lufax will launch its first overseas platform in Singapore, the company said on Monday, as a more welcoming regulatory environment gave the city state an edge over neighboring Hong Kong. Competition has been rising among governments across Asia - most notably Hong Kong and Singapore - which have launched a raft of initiatives to grab a slice of the $100 billion invested in financial technology globally. Besides Hong Kong, Lufax had also considered Australia and the Middle East for its international platform. Compared with other countries, Singapore was easy to communicate with as the Monetary Authority of Singapore acts as the single regulator for fintech, Chief Executive Officer Gregory Gibb told reporters. "When you go to other jurisdictions, you will have multiple regulators," Gibb said. Chinese insurer Ping A...

Full article: http://www.reuters.com/article/us-lufax-singapore-idUSKBN...

Tweets

China's Lufax to launch first overseas platform...

reuters.com 17 Jul '17, 11am

SINGAPORE (Reuters) - Chinese online wealth management giant Lufax will launch its first overseas platform in Singapore, t...

"China's Lufax to Launch First Overseas Platfor...

nytimes.com 17 Jul '17, 11am

SINGAPORE — Chinese online wealth management giant Lufax will launch its first overseas platform in Singapore, the company...

#PingAn Affiliated Asset Management Platform #Lufax Expands to #Singapore

#PingAn Affiliated Asset Management Platform #L...

yicaiglobal.com 18 Jul '17, 9am

Lufax was founded by Pin An in Shanghai in 2011 and has become China’s biggest online asset management platform. Lufax had...

China's first overseas naval base makes waves in India

China's first overseas naval base makes waves i...

straitstimes.com 17 Jul '17, 3am

The Chinese may prefer to call their new naval base in Djibouti in the Horn of Africa, on the north-western edge of the In...

Singapore licenses first Chinese fintech firm, ...

scmp.com 17 Jul '17, 11am

China’s second-largest peer-to-peer lending platform, founded by the Ping An Group, has been granted a licence to operate ...

Chinese fintech giant Lufax chooses Singapore for new platform

Chinese fintech giant Lufax chooses Singapore f...

businessinsider.de 19 Jul '17, 2pm

It's as yet unclear whether this development will boost or harm Singapore's push to become a global fintech hub. The condi...

Overseas investors in Pakistan find 94% reducti...

defence.pk 18 Jul '17, 1pm

Tesky said: ↑ KARACHI: Overseas investors in Pakistan have observed up to 94% decline in different crimes all over the cou...

Australia house prices not headed for a crash, ...

propertyguru.com.sg 17 Jul '17, 7am

With dwelling unit commencements in Australia down 19 percent year-on-year in Q1 2017, UBS economists are increasingly con...

Uniqlo's collection with J.W. Anderson to launc...

straitstimes.com 18 Jul '17, 1pm

SINGAPORE - Uniqlo's collection with Northern Irish designer Jonathan Anderson will launch in Singapore on Sept 22. The Si...

The China factor in global governance:

The China factor in global governance:

eastasiaforum.org 17 Jul '17, 12pm

More recently, the involvement of Chinese nationals in global terrorist networks has led to greater cooperation within the...

Russia unsure about China. Places Iskander-M missiles in the east pointing at China

Russia unsure about China. Places Iskander-M mi...

defenceforumindia.com 17 Jul '17, 8am

n terms of military logic, to mention a regional war in such a context can only suggest a hypothetical conflict with China...

Samsonite RED X PLAYNOMORE launch new luggage designs

Samsonite RED X PLAYNOMORE launch new luggage d...

juice.com.sg 17 Jul '17, 4am

Samsonite RED collaborates with well-loved fashion brand PLAYNOMORE once again after seeing its first successful internati...

China rejects Singapore model for state-owned e...

ft.com 20 Jul '17, 7am

All the benefits of Standard Digital, plus: Unlimited access to all content Instant Insights column for comment and analys...