$Futu Holdings Ltd (FUTU.US)$
"Financial licenses have national boundaries," Sun said. "Overseas institutions with only overseas licenses conducting business in mainland China is illegal financial activity."
The transcript of Sun's speech was released on the website of the Finance 40 Forum, which organised the summit.
https://www.channelnewsasia.com/business/china-warns-unlicensed-online-brokerages-they-are-breaking-law-2274406?clientlang=1
"Financial licenses have national boundaries," Sun said. "Overseas institutions with only overseas licenses conducting business in mainland China is illegal financial activity."
The transcript of Sun's speech was released on the website of the Finance 40 Forum, which organised the summit.
https://www.channelnewsasia.com/business/china-warns-unlicensed-online-brokerages-they-are-breaking-law-2274406?clientlang=1
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$Altimeter Growth Corp (AGC.US)$
According to PPRO's data, Southeast Asia's top-5 e-commerce markets (Indonesia, Malaysia, Philippines, Singapore, and Vietnam) have been growing at an average rate of over 27% year over year. However, the region is underbanked, and credit card penetration varies widely. Take Indonesia, for example. The e-commerce market there is growing faster than India's, but only 3 to 5% of the population has a credit card.
For this reason, GrabPay is one of the best ways to reach consumers and increase sales in this region.
$Alibaba (BABA.US)$
According to PPRO's data, Southeast Asia's top-5 e-commerce markets (Indonesia, Malaysia, Philippines, Singapore, and Vietnam) have been growing at an average rate of over 27% year over year. However, the region is underbanked, and credit card penetration varies widely. Take Indonesia, for example. The e-commerce market there is growing faster than India's, but only 3 to 5% of the population has a credit card.
For this reason, GrabPay is one of the best ways to reach consumers and increase sales in this region.
$Alibaba (BABA.US)$
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