26 May 2018

Ben Ng

EJ Insight writer
  • Circle Internet Financial is 'definitely not interested in an IPO' at this point in time, says CEO Jeremy Allaire. Photo: Bloomberg

    No plans to go public anytime soon: Circle CEO

    - Apr 10, 2018 10:00am
    In an article published on Monday, we presented the views of Jeremy Allaire, co-founder and CEO of blockchain-based payments startup Circle on the rationale behind the company’s decision to set up its Asian operations in Hong...
  • Circle is targeting large corporations and investors in Asia, says Jeremy Allaire,  co-founder and CEO of the blockchain-based financial services firm. Photo: Circle

    Circle gaining more clients in Asia, says CEO

    - Apr 9, 2018 11:56am
    Digital currencies such as bitcoin have caused a financial frenzy in the West, and some of the leading players in this new sector are now looking to Asia for business growth opportunities. Seeking to capitalize on...
  • BitMEX's Arthur Hayes believes large tech companies will try to get into the cryptocurrency platform business. Photos: Reuters, BitMEX

    Crypto units are here to stay, says BitMEX’s Hayes

    - Mar 7, 2018 10:10am
    In an article published on Tuesday, we presented the comments of BitMEX co-founder and CEO Arthur Hayes on the cryptocurrency derivatives exchange’s business model and derivatives trading. Now, in the second part of the interview, we outline the...
  • BitMex has seen record growth in user base in recent months, says CEO Arthur Hayes. Photo: Bloomberg

    We love bitcoin volatility: BitMEX chief

    - Mar 6, 2018 11:32am
    Bitcoin and other virtual units have grabbed the attention of everyone in the financial world since mid-2017, sparking a boom in cryptocurrency exchanges in markets worldwide and prompting a host of investors to rush into crypto...
  • With the launch of a news aggregation service, LINE aim to become the No.1 content portal in Hong Kong, says Hyun-bin Kang, senior VP, business development, at LINE Plus Corp. Photo: LINE

    LINE aims big with news aggregation service in HK

    - Mar 6, 2018 11:31am
    Japanese messaging company LINE announced recently the official launch of its news aggregation service, LINE Today, as parts of efforts to expand its footprint in the Hong Kong market. In an interview with EJ Insight, Hyun-bin...
  • Blockchain technology will be put to use for many more applications in the coming years, according to JP Nicols, managing director of of FinTech Forge.

    Banks still in testing mode on blockchain: JP Nicols

    - Feb 7, 2018 10:07am
    In an article carried Tuesday, we outlined the views of JP Nicols, a prominent bank innovation consultation expert, on the future of banking industry in China and Hong Kong. Now, in the second part of the interview,...
  • Partnering with tech companies is the way to go for China's banking industry, says JP Nicols, a leading bank innovation consultation expert. Photo: HKEJ

    Traditional banks waking up to fintech challenge, says JP Nicols

    - Feb 6, 2018 9:53am
    The banking industry is being disrupted by innovative fintech startups who are digitally driven, customer-centric and leveraging the cloud. With billions of dollars poured into fintech startups, traditional banks are realizing that they need to ramp...
  • eToro's Jasper Lee says it is too early to call the virtual currency phenomenon a bubble. Photos: eToro, Bloomberg

    Crypto market will grow even if bitcoin stumbles: eToro exec

    - Feb 6, 2018 9:51am
    Cryptocurrency’s rise has prompted fears of a massive speculative bubble that is bound to burst with ruinous consequences, but an industry professional says such dire warnings are premature, if not off the mark.  “I believe it...
  • Jasper Lee, head of eToro's Asia Pacific operations, says crypto-asset trading remains robust on the platform. Photo: eToro

    Crypto assets continue to lure thousands of new investors: eToro

    - Feb 5, 2018 2:55pm
    Despite a rough start in 2018, cryptocurrencies are continuing to draw hordes of new investors in many parts of the world, thanks to the record surge of bitcoin and other virtual units last year. Some trading...
  • David Maciejak, director of security research at Fortinet, said hackers targeting popular illicit sites like The Pirate Bay can earn up to US$12,000 per month. Photo: Fortinet/Reuters

    Is your computer secretly mining cryptocurrencies?

    - Jan 12, 2018 10:18am
    The year 2017 saw a worldwide craze over cryptocurrencies. With the meteoric surge in the prices of bitcoin and other virtual currencies, a new type of cybercrime has emerged: cryptojacking. This involves hackers who secretly use other people’s...
  • 8 Securities, co-founded by Mathias Helleu, launched Hong Kong’s first artificial intelligence financial advisor and wealth management app in late 2016. Photo: HKEJ

    8 Securities banks on robo-advisor, free trading to lure clients

    - Jan 8, 2018 12:57pm
    Local fintech startup 8 Securities launched Hong Kong’s first artificial intelligence financial advisor and wealth management app in late 2016. About a year after App Chloe’s launch, the robo-advisor has generated an impressive return of over 16...
  • Charles Li, chief executive of the stock exchange, believes more Chinese "new economy" companies will be attracted to Hong Kong as a result of the new listing rules. Photo: Reuters

    Hong Kong opens bourse to ‘new economy’ IPOs under new rules

    - Dec 18, 2017 5:47pm
    Hong Kong’s stock exchange has unveiled the biggest overhaul of its listing rules and procedures in recent decades, giving it a better shot at accommodating the next Alibaba. Biotechnology firms, companies with multiple classes of shares,...
  • 'Smart cities' need to devise a robust cybersecurity strategy to protect critical infrastructure, says Fortinet's Alvin Rodrigues. Photos: Reuters, Alvin Rodrigues

    Security challenges in smart-city development: An expert view

    - Dec 8, 2017 10:00am
    In her policy address in October, Hong Kong Chief Executive Carrie Lam Cheng Yuet-ngor pledged new initiatives to spur innovation and technology development. Among the various proposals, she announced an HK$700 million investment in several projects...
  • Jorn Lyseggen has expressed disappointment that AI is being packaged as a marketing tool. Photo: Meltwater

    How AI and analytics are driving change in businesses

    - Dec 5, 2017 12:09pm
    Meet Meltwater, the media intelligence company that provides media monitoring and social media monitoring to help companies grow and build their brand. Starting with US$15,000 in 2002, Jorn Lyseggen built a version of Google Alerts before...
  • China will face some challenges if it wants to take its AI industry overseas, according to Norwegian serial entrepreneur Jorn Lyseggen. Photo: Meltwater

    China must tackle ‘trust issue’ to expand AI footprint: expert

    - Dec 5, 2017 11:56am
    China is making significant strides and closing the gap with the United States in artificial intelligence development, but it won’t be easy for the nation to build the industry footprint overseas, according to a prominent Norwegian...
  • Set up by three insurance professionals, 10Life helps users by providing relevant information from understanding insurance policies and filing claims to making product analyses and scores. Photo: HKEJ

    Meet 10Life, a startup that decodes insurance

    - Nov 14, 2017 11:20am
      A Hong Kong-based startup founded by experienced actuaries and insurance experts aims to decode complex insurance products into unbiased, easy to understand scores and rankings. Set up last year by three insurance professionals, 10Life helps...
  • Brooks Entwistle says Uber is looking into opportunities including payments and bike-sharing. Photo: Bloomberg

    Uber’s new Asia chief wants to work with govts and taxi firms

    - Nov 13, 2017 6:07pm
    Brooks Entwistle, who joined Uber as its chief business officer for Asia Pacific in August 2017, recently had an interview with TechCrunch. He revealed the company’s shift in strategy to partner with its former nemeses —...
  • Uber CEO Dara Khosrowshahi said the company's listing plans will have no bearing on the SoftBank negotiations. Photo: Bloomberg

    CEO Khosrowshahi says he wants Uber to go public by 2019

    - Nov 10, 2017 5:53pm
    Uber CEO Dara Khosrowshahi says he aims to launch the initial public offering of the car-sharing service by 2019, with the backing of co-founder Travis Kalanick and the board. Speaking at the New York Times’ DealBook conference...
  • Amazon founder Jeff Bezos. AWS continues its dominance of the infrastructure-as-a-service market in the most recent quarter. Photo: Reuters

    Cloud market growth tops 40%; Amazon still surging

    - Nov 1, 2017 4:02pm
    As a trio of major tech companies released their quarterly earnings reports, tech behemoths Amazon, Google and Microsoft again managed to impress Wall Street. In particular, Amazon’s cloud computing arm, AWS, continues its dominance of the...
  • TNG Wallet chief executive and founder Alex Kong says the company's Hong Kong listing plan hinges on the New Board proposed by Hong Kong Exchanges and Clearing.  Photo: HKEJ

    Hongkongers snubbing local startups, says TNG founder

    - Nov 1, 2017 9:24am
    TNG Wallet, a local e-payment startup, has recorded rapid growth since its launch in November 2015. However, chief executive and founder Alex Kong said Hongkongers are snubbing local startups. In September, TNG FinTech Group announced the completion...

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