{"id":8797,"date":"2021-06-22T17:32:03","date_gmt":"2021-06-22T14:32:03","guid":{"rendered":"https:\/\/roboforex.com\/blog\/?p=8797"},"modified":"2023-06-29T13:10:25","modified_gmt":"2023-06-29T10:10:25","slug":"ipo-of-amtd-digital-digital-financial-services","status":"publish","type":"post","link":"https:\/\/roboforex.com\/blog\/2021\/06\/22\/ipo-of-amtd-digital-digital-financial-services\/","title":{"rendered":"IPO of AMTD Digital: Digital Financial Services"},"content":{"rendered":"\n

The coronavirus pandemic is an extremely unusual event, the consequences of which can be traced in many aspects of people’s lives. One of them is an increase in the demand for fintech services. Branches of banks, insurance companies, brokers, and other financial institutions were closed. Nevertheless, the industry continued working and many other companies found a way to boost financial department digitalization, which required comprehensive solutions for their purposes.<\/p>\n\n\n

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AMTD Digital developed a fintech platform of digital solutions as a part of the AMTD SpiderNet ecosystem. The platform allows start-up companies to save on the implementation of digital financial solutions early in their career. The company is scheduled to have an IPO on Thursday, June 24th, at the NYSE<\/a>, and its shares will start trading the next day, the HKD ticker.<\/p>\n\n\n\n

<\/span>Business of AMTD Digital<\/span><\/h2>\n\n\n\n

The company was founded in 2019 during the separation of AMTD Global Markets business when all fintech assets were given to AMTD Digital. The company is headquartered in Hong Kong and run by Mark Chi Hang Lo, the Group Vice President, who earlier was the head of PineBridge Investments Emerging Markets. The company’s staffing profile is only 50 employees.<\/p>\n\n\n

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Scheme of AMTD Digital Inc. business and subsidiaries<\/em><\/figcaption><\/figure><\/div>\n\n\n

AMTD Digital divided its business into the following sectors:<\/strong><\/p>\n\n\n\n