Latest News
Huatai Securities Unveils Cutting-edge FinTech Solutions at the Dubai FinTech Summit
DUBAI, UAE, May 7, 2024 /PRNewswire/ — Huatai Securities Co., Ltd (Stock Code: 601688.SH, 6886.HK, HTSC.L; “the Company”), a leading technology-driven financial group, has participated in the second edition of the Dubai FinTech Summit for the first time, hosted by the Dubai International Financial Centre (DIFC). As a significant and prominent financial institution representative from China, Huatai Securities showcased its cutting-edge technologies by highlighting its diverse business solution platforms and systems.
The Dubai FinTech Summit serves as a global platform for innovation, bringing together the brightest minds, policymakers, and influencers to collectively shape the future of FinTech and the financial industry. The summit attracted the participation of over 8,000 decision-makers, 300 thought leaders, and 200 exhibitors from various countries and regions, including the United Arab Emirates, Singapore, South Korea, India, China, Europe, and the United States.
During the summit, Huatai Securities highlighted its leading technology in service systems and platforms, including “HTSC CONNECT”, an integrated service platform for financial institutions and corporate customers, as well as “ZhangLe Fortune Path”, a one-stop wealth management services platform for global assets for individual customers. Huatai Securities also showcased its latest digital business systems and platforms, including the Credit Analysis Management System (CAMS) and the HTSC Electronic Advanced Dealing System (HEADS), which were officially released to the market in 2023. These platforms cater to institutional investors, offering research, trading, and risk management capabilities. These advancements demonstrate Huatai Securities’ ongoing commitment to empowering innovation in business models and continuously improving customer service capabilities. Furthermore, Huatai Securities implemented HTSC Digital Employee, an automated and intelligent service for financial business operations. The adoption of digital employees aims to assist employees in resolving repetitive tasks and enhance overall personnel efficiency.
Leveraging the summit, Huatai Securities is committed to sharing its innovative experiences and fostering connections with leading players in the financial technology industry. By integrating best practices and insights from different countries, the Company is well-prepared to tackle the increasingly complex challenges of the international financial market and seize opportunities for transformative growth.
Huatai Securities is bolstering its presence in the Middle East market while actively supporting financial connectivity for countries within this area. With a strong foothold in global markets, including the Chinese mainland, Hong Kong, Europe, and the United States, Huatai Securities stands as a prominent player in international business. Leveraging its expanding global network, Huatai Securities will continue to provide integrated financial services across domestic and international markets. These encompass overseas listings, cross-border mergers and acquisitions, and regional business spin-offs designed to empower Chinese enterprises, enabling them to explore new markets and become integral parts of the global innovation ecosystem.
About Huatai Securities
Established in 1991, Huatai Securities Co., Ltd. (601688.SH; 6886.HK; HTSC.LI) played a key role in modernizing China’s securities industry with financial technologies, offering a diverse range of financial services to individuals and institutions. In 2023, the Company achieved an operating revenue of RMB 36.6 billion and a net profit attributable to the parent company of RMB 12.8 billion, solidifying its position as a frontrunner in the Chinese securities sector, and aiming to become a preeminent investment bank with strong footprint in China and global influence.
View original content:https://www.prnewswire.co.uk/news-releases/huatai-securities-unveils-cutting-edge-fintech-solutions-at-the-dubai-fintech-summit-302138210.html
Latest News
eWTP Arabia Capital’s Technology Fund I Recognized as Top Performing VC Fund in the Preqin League Tables
RIYADH, Saudi Arabia, May 19, 2024 /PRNewswire/ — eWTP Arabia Capital Technology Fund I (“Techology Fund I”), managed by eWTP Arabia Capital (“eWTPA”), one of the leading private equity firms in the Middle East, was listed in the Preqin League Tables as the the fifth top-performing VC funds in the US$250 Million to US$499 Million category by net Internal Rate of Return (IRR) for vintages between 2015-2020.
“We’re delighted by the recognition of our Technology Fund I as a top-performing VC fund in our sector,” expressed Jessica Wong, Founder and Managing Partner of eWTPA. “This milestone underscores the commitment of our team and the robustness of our investment strategy. It also underscores the significant growth potential of the Middle East and North Africa market, particularly in Saudi Arabia, warranting attention. As a pivotal driver of technological advancement in the region, we’re steadfast in our mission to empower entrepreneurs and deliver value to our investors.”
“Being recognized by Preqin validates our hard work and dedication to supporting and actively contributing towards building the Saudi digital ecosystem,” said Jerry Li, Founder and Managing Partner of eWTPA. “As eWTPA continues to grow and expand its investment portfolio, it remains committed to fostering innovation and driving positive change in Saudi, the GCC and the global emerging markets ecosystem.”
eWTPA has demonstrated exceptional performance, solidifying its position among industry leaders. This recognition underscores eWTPA’s commitment to identifying high-potential market opportunities and generating returns for its investors.
The Preqin League Tables are regarded as a comprehensive and authoritative ranking system for private equity and venture capital performance. Preqin, a leading data provider in the alternative assets industry, compiles these league tables based on various performance metrics, including net Internal Rate of Return (IRR) and other key indicators.
eWTPA’s success reflects its strategic approach to investing high-growth sectors in the MENA region. The firm’s portfolio includes a diverse range of companies poised to make a significant impact on their respective industries.
Acting as a bridge between Asia and the Middle East, eWTPA’s Technology Fund I has achieved significant success since its inception in 2019. The Fund has invested in over 18 companies, several of which have successfully established themselves in KSA, like J&T Express, Raha, Sahm and COFE.
About eWTPA:
Founded in 2019, eWTP Arabia Capital is an investment firm based in Saudi Arabia and China. Backed by marquee regional and international Sovereign Wealth Funds, Institutional investors, and family offices, eWTPA helps create robust local digital ecosystems in the MENA region by partnering with market-leading international businesses and providing a gateway for these companies to establish a strong and sustainable presence in the region. To date, eWTPA has invested in over 18 companies, 13 of which have already established themselves successfully in KSA.
Media contact:
Haile Liao
+966 0530868568
[email protected]
Photo – https://mma.prnewswire.com/media/2416426/eWTP_Preqin.jpg
View original content:https://www.prnewswire.co.uk/news-releases/ewtp-arabia-capitals-technology-fund-i-recognized-as-top-performing-vc-fund-in-the-preqin-league-tables-302149554.html
Latest News
Revio, the young fintech winning over Old Mutual and MTN
Latest News
Basel Committee highlights rising risks from finance digitalisation in new report
The post Basel Committee highlights rising risks from finance digitalisation in new report appeared first on HIPTHER Alerts.
-
Latest News6 days ago
Newgen Recognized in the Gartner® Market Guide for Commercial Banking Cash Management and Trade Finance Solutions 2023 Report
-
Latest News7 days ago
Major Korean pension fund invests in carbon solutions with Stafford Capital Partners
-
Latest News6 days ago
Precisely Showcases Critical Role of Trusted Data in AI at the Gartner® Data & Analytics Summit in London
-
Latest News6 days ago
One United Properties posts a consolidated turnover of 84.3 million euros and a gross profit of 37 million euros in the first three months of 2024
-
Latest News4 days ago
B Lab UK research reveals UK public back change to company law to put people, the planet and profit on more equal footing
-
Latest News4 days ago
Unleash a Wave of Opportunities this May with Bybit
-
Latest News3 days ago
Bankart migrates payment processing to Diebold Nixdorf’s Vynamic Transaction Middleware
-
Latest News3 days ago
SANY Heavy Industry Reports 2023 Earnings: Overseas Revenue Soars to 60% of Core Business Amid Market Pressures, Signaling Strong Global Expansion