by Florin Oprea
Moxy Ying – Bloomberg (subscription)
New Zealand’s stock market has become too small for Xero whose market value has soared about 70-fold to NZ$4.28 billion ($2.98 billion) since its debut a decade ago.
DNT: Check our FREE ARCHIVE to find out more about Xero’s hard way out of New Zealand’s stock market!
Lynsey Barber – City A.M.
The British government has given everyone an early Christmas present, publishing the sectoral analysis papers for more than 50 sectors in relation to Brexit – including fintech.
FAO: Uhh, that’s nice. Is it a delay-action present?
Gareth Allan & Yuki Hagiwara – Japan Times
Alipay is chasing Chinese tourists to Japan, where it’s signing up a growing number of retailers and eyeing the long-term potential of the nation’s $45 billion digital payments market.
FAO: Oh Jack Ma’s chasing his conationals almost everywhere in the world…
JD Alois – Crowdfund Insider
The Securities Commission Malaysia has announced that parties interested in establishing and operating an Alternative Trading System (ATS) in Malaysia can apply to participate in regulatory sandbox sessions under the SC’s FinTech Innovation Lab (aFINity – alliance of Fintech community). This follows the Budget 2018 announcement on the introduction of ATS in the Malaysian capital market.
Via Mondovisione – Ronald Martin, former Executive in Residence At Bain Capital Ventures is joining BlockEx as COO.
JD Alois – Crowdfund Insider
In partnership With SuperCharger, CFTE, Cyberport, UNSW Sydney and MicRosoft, the University of Hong Kong has opened up registration with Asia’s first Fintech Massive Open Online Course.
FAO: If you find out about any educational initiatives regarding fintech and blockchain please send us a quick email too, we will promote them. For free!
The Australian (subscription)
The Victorian government is partnering with technology hub operators Stone Chalk and YBF Ventures, formerly known as York Butter Factory, to put Melbourne on the map as a premier fintech destination.
FAO: Oh, finally some news about this project. In June the Victorian government announced plans to build a fintech hub in Melbourne’s Docklands. Reports in October said they were still working on the plans.
Georgeta Gheorghe – Business Review
According to a global survey conducted by KPMG in several countries, including Romania, financial institutions perceive fintech as being the main source of disruption in the sectors they are active in (as seen by 57% of respondents, compared to 51% for regulatory changes and 46% who see new business models as the main disruptor).
A Dubai-based peer-to-peer lender and a British biometric payments firm are among the 24 start-ups to vie in Hong Kong for a cash injection.
Hongtao Li – Seeking Alpha
Qudian a Chinese online micro-loan provider, went public on NYSE on October 18, 2017, pricing the fourth-largest U.S. IPO this year. However, since then QD’s stock price has taken a nosedive, plummeting from its $24 IPO price to $12.9 as of 12/19/2017. Given QD’s strong earnings and fast growth rates in the past, the current price may appear to be a great bargain. Is that true?
DNT: Read this analysis to find out a possible answer.
FAO: Maybe you recall the fact that earlier this month Qudian was hit with lawsuits claiming false IPO information. This came after their business practices have been criticized by Chinese media in October. More here.
DNT: Happy Holidays to everyone!
FAO: That’s All Folks! See you in 2018!
FAO: Florin Adrian Oprea, Editor-in-chief FinTech Daily News
DNT: Decebal Nicolaie Todarita, Editor FinTech Daily News