A recent Ernst & Young Global Limited (EY) report named China the “centre of global FinTech innovation and adoption.” What technological innovations are taking place in China? How are financial services changing, and in what areas? In this Take 15 interview, Ming Shu, partner at Lingfeng Capital and former chief strategist of Ant Financial, shares his thoughts on the subject with us. Ming Shu’s unique experience of having worked with many aspects of the FinTech ecosystem makes his views particularly interesting. He discusses how artificial intelligence, blockchain, cloud computing, and big data are finding applications in the areas of consumer finance, wealth management, and insurance in China.
The Take 15 Series is a series of short interviews with leading practitioners on timely topics focused on the investment profession.