Connect with us
Prague Gaming & TECH Summit 2025 (25-26 March)

Fintech PR

Spotlight on STAR Market Amid Tech-driven Rise in China

Published

on

spotlight-on-star-market-amid-tech-driven-rise-in-china

GUANGZHOU, China, April 2, 2025 /PRNewswire/ — As of March 31, China’s technology sector has demonstrated exceptional resilience and growth, underscored by the strong performance of key indices such as the STAR AI Index and the STAR Growth Index, recording year-to-date increases of 18% and 12%, respectively. The STAR market’s growing prominence has sparked significant interest among fund managers, with over 30 fund companies now offering STAR market-related index products. Among these, E Fund Management (“E Fund”), the largest mutual fund manager in China, has emerged as a leader in this space.

E Fund offers a comprehensive lineup of seven STAR market-related ETFs, featuring low management fees in their category. Notable offerings include the E Fund STAR 50 ETF (Code: 588080) and the E Fund CSI Star & Chinext 50 ETF (Code: 159781), both accessible through the ETF Connect program. Recently, E Fund and other leading asset managers have introduced ETFs and feeder funds linked to the STAR Composite Index, providing investors with expanded options to capitalize on the STAR market’s growth potential.

The STAR market, established in 2019, has become a key hub for innovation, particularly in sectors like semiconductors, biopharmaceuticals, and renewable energy. In March, the STAR market handled the first two IPO applications of the year, one of which came from a pre-revenue company, further solidifying its position as a leading platform for fostering cutting-edge enterprises. Meanwhile, the broader A-share market is increasingly leaning towards tech-driven industries. In 2024, over 90% of newly listed companies on the STAR Market, ChiNext Market, and Beijing Stock Exchange are high-tech enterprises, and more than 40% of the A-share market’s total value is concentrated in strategic emerging industries. This reinforces the pivotal role of technology and innovation in driving China’s economic transformation.

About E Fund

Established in 2001, E Fund Management Co., Ltd. (“E Fund”) is a leading comprehensive mutual fund manager in China with over RMB 3.5 trillion (USD 490 billion) under management.* It offers investment solutions to onshore and offshore clients, helping clients achieve long-term sustainable investment performances. E Fund’s clients include both individuals and institutions, ranging from central banks, sovereign wealth funds, social security funds, pension funds, insurance and reinsurance companies, to corporates and banks. Long-term oriented, it has been focusing on the investment management business since inception and believes in the power of in-depth research and time in investing. It is a pioneer and leading practitioner in responsible investments in China and is widely recognized as one of the most trusted and outstanding Chinese asset managers.

Source: E Fund. AuM includes subsidiaries. Data as of Dec 31, 2024. FX rate is sourced from PBoC.

Photo – https://mma.prnewswire.com/media/2656286/image_826259_29180631.jpg
Logo – https://mma.prnewswire.com/media/2085383/_Logo.jpg

Cision View original content:https://www.prnewswire.co.uk/news-releases/spotlight-on-star-market-amid-tech-driven-rise-in-china-302418307.html

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Fintech PR

Nomentia Unveils AI Cash Flow Forecasting for Accurate & Predictive Insights

Published

on

nomentia-unveils-ai-cash-flow-forecasting-for-accurate-&-predictive-insights

HELSINKI, April 14, 2025 /PRNewswire/ — Nomentia, a European leader in treasury and cash management solutions, announces an enhancement to their existing cash flow forecasting solutions with powerful AI features. This upgrade accelerates implementation while delivering with more advanced and precise forecasting for businesses.

As businesses have increased demand for boosting efficiency with AI-driven solutions, treasurers and finance professionals are also looking for treasury management solutions equipped with AI to elevate their performance. AI provides exceptional power for data processing and the technology could enable treasury and finance teams to achieve more accurate, real-time financial insights for proactive risk management.

Accurate cash flow forecasting has always depended on data quality and analytical rigor, but traditional methods struggle with volatility and rapid market shifts. AI transforms this process by automatically detecting and correcting anomalies, accounting for seasonal patterns to minimize forecasting errors. With real-time data synchronization in one single platform, eliminating data siloes and outdated projections, AI-powered cash flow forecasting supports businesses to move beyond reactive planning and adopt a proactive financial strategy.

At Nomentia, predictive analytics for cash flow forecasting has been researched, implemented and perfected for years alongside with industry-leading clients. This has enabled us to bring the highest performing AI forecasting model specifically built for treasurers. The upgrade also includes improvement in implementation, allowing users to quickly access and leverage AI-driven cash flow forecasting.

Jukka Sallinen, Chief Executive Officer at Nomentia, expressed enthusiasm for the new milestone: “For years, we’ve worked alongside our clients to refine AI-driven cash flow forecasting, ensuring it meets the real-world challenges of modern treasury teams. With the power of AI, cash flow forecasting is not just a necessity, but a strategic advantage.”

With AI-powered forecasting, businesses can reduce uncertainty, optimize liquidity and make more confident financial decisions. In today’s rapidly changing markets, staying ahead means leveraging technology that not only predicts cash flow but also continuously adapts to new challenges – ensuring long-term financial stability and growth.

Hubert Rappold, Senior Treasury Expert at Nomentia, shared his perspective: “AI is revolutionizing cash flow forecasting by eliminating blind spots and providing real-time, data-driven insights. Instead of relying on static models, treasury teams can now adapt dynamically to market shifts, improving liquidity management and financial resilience.”

With AI-driven cash flow forecasting, Nomentia aims to equip businesses with highly accurate predictions and enhanced operational efficiency, enabling treasurers to make faster and better financial decisions.

For media inquiries, please contact:
Vy Dang
Senior Marketing Manager
vy.dang@nomentia.com
+358503693834

This information was brought to you by Cision http://news.cision.com

Advertisement

https://news.cision.com/nomentia-oy/r/nomentia-unveils-ai-cash-flow-forecasting-for-accurate—predictive-insights,c4135467

 

View original content:https://www.prnewswire.co.uk/news-releases/nomentia-unveils-ai-cash-flow-forecasting-for-accurate–predictive-insights-302427438.html

Continue Reading

Fintech PR

Worry-Free Compliance in Germany – With the S+P Compliance Package

Published

on

worry-free-compliance-in-germany-–-with-the-s+p-compliance-package

Simple. Comprehensive. Secure.

LONDON, April 14, 2025 /PRNewswire/ — Regulatory compliance in Germany is complex – and non-compliance can be costly. S+P Compliance Services offers the S+P Compliance Package, a turnkey solution for companies regulated by BaFin, such as banks, investment firms, FinTechs, and asset managers.

Why Outsource Compliance to S+P?


Get Started in Three Simple Steps

  1. Contact Us – Request a consultation
  2. Receive Your Offer – Tailored to your regulatory classification
  3. Sign Your Outsourcing Contract – We ensure full compliance from day one

Email: compliance@sp-partners.de
sp-consulting.co.uk/contact
+44 20 77 180 282
S+P Compliance Services – The trusted partner for BaFin-regulated firms in Germany.

 

View original content:https://www.prnewswire.co.uk/news-releases/worry-free-compliance-in-germany–with-the-sp-compliance-package-302427429.html

Continue Reading

Fintech PR

MEXC Celebrates 7 Years of Innovation as Title Sponsor at Dubai’s Premier Crypto Event TOKEN2049

Published

on

mexc-celebrates-7-years-of-innovation-as-title-sponsor-at-dubai’s-premier-crypto-event-token2049

VICTORIA, Seychelles, April 14, 2025 /PRNewswire/ — MEXC, a global leader in cryptocurrency exchange services, will proudly participate as one of the seven exclusive Title Sponsors at TOKEN2049 Dubai, taking place from April 29 to May 1, 2025, at the prestigious Madinat Jumeirah. This premier industry event coincides with MEXC’s milestone 7th Anniversary, providing an ideal platform to showcase the exchange’s continued commitment to innovation and user-centric solutions.

Leading the Way in Crypto Accessibility

As TOKEN2049 Dubai prepares to welcome 15,000 attendees from over 4,000 companies worldwide, MEXC will demonstrate why it has become the preferred platform for 36 million users across 170+ countries. Under the brand promise “Your Easiest Way to Crypto,” MEXC has consistently delivered a trading experience that is fast, economical, and user-friendly.

Visitors to MEXC’s booth will discover why the platform has earned its reputation for accessibility and innovation. The exchange offers a broad selection of trending tokens, regular airdrop opportunities, and competitive trading fees within a secure and efficient environment designed to meet the needs of both newcomers and experienced traders.

Celebrating 7 Years of Growth with Global Campaign and Exclusive Announcements

TOKEN2049 Dubai provides the perfect backdrop for MEXC to commemorate its 7th anniversary — a journey marked by consistent growth, technological advancement, and an unwavering focus on user satisfaction. From its founding in 2018, MEXC has evolved into one of the industry’s most trusted exchanges, known for its liquidity strength and comprehensive service offerings.

Tracy Jin, Chief Operating Officer of MEXC, who will be joining a panel at the mainstage, expressed enthusiasm about the upcoming event: “Our 7th anniversary represents a significant milestone in MEXC’s evolution from a startup to a global leader serving over 36 million users. We’re particularly excited to use TOKEN2049 Dubai as a platform to unveil several major announcements that will shape the future of our exchange and bring even more value to our users. The crypto community can expect groundbreaking new features and partnerships that reflect our commitment to continuous innovation.”

As part of the celebration, MEXC has launched a global anniversary campaign featuring a massive 10,000,000 USDT prize pool. The campaign, running from April 13 to May 7, 2025, invites users to participate in three exciting arenas: Team PNL Rate Competition, Collect, Assemble & Win, and Solo Leaderboard Battle. These competitive events offer opportunities for both individuals and teams to showcase their trading skills while earning substantial rewards, reinforcing MEXC’s commitment to community engagement and user empowerment.

As part of the anniversary celebrations, MEXC will also host special events including the “Celebra7eMEXC Party” on April 30th and an exclusive yacht experience for select partners on May 1st. These gatherings will provide valuable networking opportunities while highlighting MEXC’s appreciation for its global community of users and partners.

Revolutionary DEX+ Platform: Bridging Centralized and Decentralized Trading

Advertisement

The spotlight on MEXC’s TOKEN2049 presence will be on its DEX+ platform, launched in March 2025. This innovative hybrid solution seamlessly integrates centralized and decentralized trading capabilities, allowing users to access over 15,000 tokens across the Solana and BNB Chain ecosystems without leaving the familiar MEXC interface.

DEX+ represents a significant advancement in trading technology, enhancing user experience while expanding MEXC’s appeal to on-chain trading enthusiasts. By eliminating the traditional barriers between centralized and decentralized exchanges, MEXC continues to drive innovation that serves the evolving needs of the global crypto community.

Connect with MEXC at TOKEN2049 Dubai

TOKEN2049 Dubai attendees are encouraged to visit MEXC’s booth to explore the platform’s features, learn about the revolutionary DEX+ technology, and discover special promotions available exclusively during the event. As a special highlight of the 7th-anniversary celebration, MEXC will showcase a collection of seven limited-edition commemorative merchandise items, attractively displayed and available for visitors at the booth. MEXC representatives will be available throughout the conference to provide demonstrations, answer questions, discuss potential partnerships, and help attendees acquire these exclusive anniversary items.

TOKEN2049 Dubai presents an extraordinary opportunity for industry professionals and crypto enthusiasts to experience firsthand the innovations that have established MEXC as a leading exchange. Whether exploring cryptocurrency for the first time or seeking advanced trading solutions, visitors to MEXC’s booth will find knowledgeable representatives ready to demonstrate the platform’s capabilities and explain why MEXC continues to be “Your Easiest Way to Crypto” for millions of users worldwide.

About MEXC

Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 36 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.

MEXC Official Website | X | Telegram | How to Sign Up on MEXC

Risk Disclaimer:

The information provided in this article regarding cryptocurrencies does not constitute investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully assess market fluctuations, the fundamentals of projects, and potential financial risks before making any trading decisions.

Advertisement

Photo – https://mma.prnewswire.com/media/2663552/1920x1080_3.jpg
Logo – https://mma.prnewswire.com/media/2645195/MEXC_Logo.jpg

Cision View original content:https://www.prnewswire.co.uk/news-releases/mexc-celebrates-7-years-of-innovation-as-title-sponsor-at-dubais-premier-crypto-event-token2049-302427409.html

Continue Reading
Advertisement
Advertisement European Gaming Congress 2024

Latest news

Trending