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Why Singapore wealth-tech firms are choosing Hong Kong as their first overseas market
May 3, 2026
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Posted 2 hours ago by
Singapore wealth-tech firms are increasingly using Hong Kong as their first major overseas expansion market, betting that the city’s large pool of idle savings, deep wealth base and role as a regional financial hub will support the scaling of their retail investment platforms. The latest entrant, Chocolate Finance, launched in Hong Kong last month with a product targeting retail investors’ idle cash.
It offers 3.8 per cent annualised returns on the first HK100,000 (US12,763) with no minimum...
South China Morning Post
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Bias: lean left
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