According to Odaily Planet Daily, Cheng Kang, CEO of Fosun Wealth, a subsidiary of Hong Kong-listed Fosun International, said that Finloop Technology, a wealth management platform under the group, will develop more innovative services in areas such as virtual assets. In addition, Finloop Technology will quickly enter markets such as Singapore, Southeast Asia and the Middle East while adding the Hong Kong market in the future. Cai Hua, a partner of Fosun Wealth International, revealed 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 Southeast Asian markets in turn.
