Our Insights and Perspectives

In this report, we investigate the various challenges facing Hong Kong’s virtual banks with respect to their deposit acquisition, retention, and monetisation strategies. We also examine how these challenges can be addressed in the coming years on virtual banks’ path to profitability.

This report was presented at a seminar, titled ‘Redefining Wealth Management with Technologies: Challenges, Solutions, and Success Stories’, hosted by the HKMA as part of its Hong Kong Fintech Promotion Roadmap. This report covers recent developments in Hong Kong's wealth management industry; from growing customer demand for digital solutions to various headwinds facing incumbent providers.

This report examines the current landscape of market data distribution, including the relative merits of different data commercialisation models that are adopted by data providers. It also discusses how cloud migration can help optimise existing distribution and product innovation processes, as well as the strategic and operational factors to consider when migrating to the cloud.

This report explores key challenges faced by both Fintech solution providers and users in the adoption of Wealthtech / Investech, Insurtech, Greentech, A.I., and DLT. These areas not only exhibit significant demand but also hold relevance across the banking, securities, and insurance sectors. The whitepaper also illuminates the city’s roadmap for achieving broader adoption in these critical areas.

This report looks in detail at the e-wallet landscape in Hong Kong, providing an in-depth overview of e-wallet payment trends, the competitive landscape, and some of the challenges facing local providers on their path to profitability.

The focus of this market landscape study is on the wholesale adoption explorations of CBDCs, DTs, and SCs, including key adoption challenges and the broader market development outlook for key market participants.

This presentation examines the key challenges facing incumbent Hong Kong insurers due to their heavy reliance on intermediaries while also exploring the lucrative opportunities on offer from developing a D2C digital distribution proposition.

This report serves as an invaluable guide to digital banks in APAC on current market dynamics from both supply and demand perspectives, offering valuable insights on achieving profitability through optimising client fulfilment across the end-to-end value chain.

This report aims to provide clarity on uncertainties ahead by examining the current challenges and future priorities of APAC insurers within the fast-changing investment and regulatory landscape.