Alwyn Li quoted in Ignites Asia

Alwyn Li recently featured in Ignites Asia, a Financial Times publication.

The article focused on how e-commerce giant Alibaba has dismissed media reports that its affiliate Alipay is in talks with regulators in Hong Kong to make available its hugely popular Yu’E Bao platform in the territory

Alwyn said, “Since Yu’E Bao feeds into a money market fund, the company may potentially need to apply for a licence with the Securities and Futures Commission (SFC) as well if it were to launch the platform in Hong Kong.”

Please click here to read the article (registration required).

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