Fosun International's Finloop is applying for a license to explore virtual assets and other businesses in the Singapore market next year
2024-06-13 05:09:18
Cheng Kang, chief executive of Fosun Wealth, a subsidiary of Hong Kong-listed Fosun International, said that the group's wealth management platform, Finloop, will develop more innovative services in areas such as virtual assets. In the future, while adding the Hong Kong market, it will quickly enter Singapore, South East Asia and the Middle East. Cai Hua, a partner of Fosun Wealth International, said that the company is applying for relevant licenses in Singapore and is expected to officially enter the local market next year, and then expand to the Middle East and South East Asia markets in turn.
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