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Accelerating fintech in China
In 2016, investment in mainland Chinese and Hong Kong fintech ventures totaled $10.2 billion, exceeding North America’s $9.2 billion. Many domestic financial services and e-commerce conglomerates are supporting Chinese fintech startups.
- Categories
- Finance
- Region
- Asia Pacific
- Tags
- fintech, startups, venture capital
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Chinese money dominates bitcoin, now its companies are gunning for blockchain tech
I meet Jack Liao, who runs a bitcoin mining firm called Lightning Asic. He leads me through a dark hutong, coming to a set of carved wooden double-doors. Pushing them open, we enter into the courtyard of a palatially renovated villa. This is my first look at the elusive “bitcoin club.”
- Categories
- Finance
- Region
- Asia Pacific
- Tags
- blockchain, cryptocurrency, fintech
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Press release: Top entrepreneurs of 2017 SVC Asia set to make social impact targeting educational, healthcare, agricultural and environmental sectors
Eight teams took home a total of S$180,000 in cash prizes from the 2017 DBS-NUS Social Venture Challenge Asia (SVC Asia) - the highest amount ever presented within the competition’s four-year history. SVC Asia is an Asia-wide competition for social enterprises. It identifies and supports innovative ideas and social ventures that demonstrate positive, scalable and sustainable social impact within the region.
- Source
- Press release
- Categories
- Uncategorized
- Region
- Asia Pacific
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New Forests: Path clears for ethical investors
Timberland investor New Forests is encouraging Singapore to become Asia’s hub for impact investing, while solving the region’s annual pollution problem.
- Categories
- Environment, Investing
- Region
- Asia Pacific
- Tags
- ESG, forests, impact investing
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Viewpoint: Is China ready to reshape global agriculture?
China's aspirations to play a more active role in global affairs should be taken seriously by business and government leaders in food and agricultural spheres. However, its promises to overhaul agriculture in other countries may be premature in view of the ongoing overhaul of China's own farming sector that is still in its initial stages.
- Categories
- Agriculture
- Region
- Asia Pacific
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Social media giant Tencent gets into old-school finance
CICC, once dubbed the Goldman Sachs of China after it brought some of the country’s largest state-run firms to market, has been reducing its dependence on volatile investment banking fees and expanding its business catering to rich individuals. It completed a $2.5 billion purchase of China Investment Securities Co this year, plunging into the retail investor market.
- Categories
- Finance
- Region
- Asia Pacific
- Tags
- fintech
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East Ventures announces new $30M fund to continue investing in Indonesia
This new $30 million fund is the firm’s sixth to date in Southeast Asia, and remarkably its second in 2017 alone. A $27.5 million fund announced in January was fully deployed in less than a year as outside interest in Southeast Asia blew up in 2017, with Indonesia the focal point for investors like Chinese web giants Alibaba and Tencent. Today marks the first close of the new fund.
- Categories
- Investing
- Region
- Asia Pacific
- Tags
- venture capital
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Australia Launches its First Live Impact Investing Database
Investors looking to support businesses making a social impact have been bolstered by the launch of a live impact investing database, which looks to connect investors and investees in this growing market.
- Categories
- Impact Assessment, Investing
- Region
- Asia Pacific
- Tags
- ESG, impact investing
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