The spun off company from JD.com is preparing for an initial public offering on the Hong Kong Stock Exchange on December 11. The supply chain firm's ability to manage treasury separately has seen cash increase on its balance sheet.
The US market will be key to sustain the export-driven growth story observed in Asia, according to economists, however, a Hong Kong-based CFO has concerns about issues in the private credit market.
Several banks are exploring token transfers between systems and tackling interoperability concerns, including through Project Ensemble which is entering a new phase in 2026.