Fintech and digitalisation as growth drivers of China’s securities industry

KPMG report highlights institutions embrace digital transformation in the face of increased competition. Capital market reforms are presenting opportunities for Mainland China’s securities industry, with companies that embrace fintech and digitalisation best positioned for long-term growth, according to KPMG analysis. The 15th annual Mainland China Securities Survey analyses the industry…

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New business opportunities between Singapore and China in the digital economy

Cross border digital collaborations pave the way. Singapore and Chongqing businesses have signed an agreement to further cross border digital collaborations in a wide range of sectors, including manufacturing, trade and logistics, and healthcare. These agreements are built on the back of deepened bilateral relation between Chongqing and Singapore to…

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CIO perspective: China SD-WAN security market research

The network, as an infrastructure connecting the cloud to the edge, plays an important role in digital transformation. Analyst firm IDC noted that SD-WAN (software-defined wide area network) has become a new trend in the network field in the past two years. China’s SD-WAN application began in 2017. After rapid…

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Talent supply and demand are soaring as high-tech industries take off in China

China’s high-tech industry is booming amidst a demonstrated increased capacity for innovation in the IT field. Despite job market uncertainty due to the COVID-19 pandemic, global specialist recruitment firm Hays reported that China is more likely to recover quickly when compared to other countries and regions still suffering from the…

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China uses big data to keep track of COVID-19

More than 1,100 internet hospitals have been built nationwide. The broad application of big data in China’s COVID-19 prevention and control has promoted the speedy digital transformation of the medical industry, according to reports released by the People’s Republic of China (PRC). The national QR health code, which displays individual…

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Japan’s aerospace industry suffers cybersecurity attacks

Reports indicate the attacks include the Japan Aerospace Exploration Agency. About 200 companies in Japans aerospace industry have suffered a cyber-attack this week. According to multiple media reports, the attacks include the Japan Aerospace Exploration Agency, and were thought to be the “actions of a Chinese man”, who is a…

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Banks in China must strengthen resilience and accelerate transformation

Financial institutions need to enhance the resilience of capital, technology and talent. Over the past nine months, the COVID-19 pandemic has reshaped the banking industry across multiple dimensions, by ushering in a new competitive landscape, prompting a new wave of innovation, and accelerating digitization in almost every sphere of banking…

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