Fosun Expands Presence in Hong Kong as Finloop Hosts Hong Kong Wealth Management Summit
On 12 December, Finloop, a leading digital intelligent wealth management platform under Fosun, hosted the "Finloop 2025: Fintech Empowering Wealth Management" Hong Kong Annual Wealth Management Summit in Hong Kong. The summit brought together representative from the Government of Hong Kong Special Administrative Region (SAR), university scholar, industry experts, etc. to discuss forward-looking topics such as the industry's current state and emerging trends and digital technology applications, aiming to enhance the services of Hong Kong's wealth management industry and create an industry landscape that evolves with the times.
"Finloop 2025: Fintech Empowering Wealth Management" Hong Kong Annual Wealth Management Summit
(From left: Cai Hua, CEO of Finloop; Gan Tian, CEO of China Asset Management (Hong Kong); Jin Hualong, Senior Vice President of Fosun International and Chairman of Fosun Wealth; Wang Qunbin, Co-Chairman of Fosun International; Joseph Chan Ho-lim, Under Secretary for Financial Services and the Treasury of the Government of the Hong Kong SAR; Wang Yang, Vice-President of The Hong Kong University of Science and Technology; Eric Chan Sze-yuen, Chief Public Mission Officer of the Hong Kong Cyberport Management Company Limited; Huang Haiqin, Chairman of the Chinese Securities Association of Hong Kong; Cheng Kang, CEO of Fosun Wealth and Chairman of Finloop)
Wang Qunbin, Co-Chairman of Fosun International, said at the summit, "Fosun firmly believes that technology innovation is the core driving force for the high-quality development of the financial sector. As an important hub connecting the Chinese mainland and international markets, Hong Kong's strategic importance continues to rise. In recent years, we have significantly increased our industrial presence in Hong Kong, actively promoting technology innovation to help establish the city as a global leader in wealth management and an international innovation and technology (I&T) hub. Through Finloop, Fosun will provide Hong Kong financial institutions with advanced wealth technology infrastructure solutions, facilitating the digital and intelligent transformation of the industry. Moving forward, we will fully leverage our strengths to further increase investments and expand our business presence in Hong Kong."
As Asia's leading international financial center, Hong Kong has made significant strides in fintech applications, diversified ecosystem development, and asset management in recent years. Joseph Chan Ho-lim, Under Secretary for Financial Services and the Treasury of the Government of the Hong Kong SAR, shared insights into Hong Kong's achievements and future prospects in fintech and virtual assets. He said, "The Government of the Hong Kong SAR will continue to promote the development of the fintech and wealth management sectors, supporting the national real economy through financial services."
Joseph Chan Ho-lim, Under Secretary for Financial Services and the Treasury of the Government of the Hong Kong SAR
As the only financial technology service provider in Hong Kong that can provide a one-stop wealth management platform and solutions, Finloop boasts industry-leading research and development capabilities as well as solution implementation capabilities. During the summit, Finloop unveiled its self-developed core wealth management middle platform, the next-generation "FinOne" system. This new product has evolved from a 1.0 product shelf model to a 2.0 wealth platform model, incorporating professional services such as cross-border wealth management, digital transformation of wealth management, AI applications, and digital asset business, providing a professional, one-stop solution for financial institutions.
On 4 December, the Cross-boundary Wealth Management Connect Scheme 2.0 was officially launched, creating new opportunities for investment in the Guangdong-Hong Kong-Macao Greater Bay Area. Finloop's new-generation “FinOne” specifically targets opportunities presented by this scheme by offering four major service modules: automated trading for a full range of funds, automated bond quoting and trading, automatic market information forwarding, and Know-Your-Product (KYP) services for financial products, all designed to provide clients with professional services in trading, information, interfaces, and management, fostering mutual benefits between financial practices and industry development with the support of the new scheme.
Finloop is a leading digital intelligent wealth management platform incubated by Fosun Wealth, a subsidiary of Fosun. Through its leading proprietary technology platform, Finloop provides a wealth management products including cash management, public funds, private funds, structured products, bonds, and insurance, and professional financial technology solutions. The company's asset management scale has exceeded HK$10.0 billion, representing a tenfold increase. Over the next three years, Finloop aims to achieve hundreds of billions in assets under management, striving to become Asia's largest financial product and financial technology solution provider with the most comprehensive product categories and the best user experience.
Cheng Kang, CEO of Fosun Wealth and Chairman of Finloop, said, “The fintech sector has entered the digital era, and efficient application models are set to profoundly transform the wealth management industry, presenting significant opportunities. In the future, 'FinOne' will continue to prioritize customers, serving as a professional one-stop front and middle platform for the wealth management industry. With advanced technology and premium services, we seek to engage more clients and connect them to broader markets, while continually supporting financial institutions in forging a new digital future."