Fintech

Ant Group is expanding its cross-border business from Hong Kong as the city rolls out initiatives to help Chinese enterprises expand overseas.

Backed by Ant-linked partnerships and digital asset reserves, the firm is deepening the integration of blockchain with traditional finance.

The insurer is ramping up investments even as earnings weaken and its shares trade at a discount to peers.

The first AI server–backed tokens mark a step beyond renewable energy in RWA tokenization pilots.

At its Guangzhou summit, XTransfer released PMI data spotlighting new trade routes for SMEs amid global market shifts.

Tokenization promises broader financial access, but without clear standards, it risks delivering abstraction over inclusion.

Lenders backed by Grab, Sea, and StanChart hang on as legacy rivals DBS, UOB, and OCBC boom.

Officials caution only a few licenses will be issued at first, favoring long-term stability over short-term hype.