Neo Capital Holds 2018 Finance Summit to Discuss Worldwide Investment Trends

At the summit, Thomas Sargent gave a keynote speech titled "How Do Artificial Intelligence and Blockchain Create New Opportunities and Challenges", and stated repeatedly that artificial intelligence (AI) and blockchain would be promising in the future. According to him, blockchain is a reliable technique for the financial system, since it is a very stable system that is not randomly formed, but based on all the previous e-signatures created. It provides good technical support for the overall financial system, and is an exciting technology for investors. "China currently is a gathering place for talented people, especially young people proficient in statistics and computers. I believe that AI will gain a foothold and achieve integrated development in different companies and organizations," Sargent said.

Regarding the issue of how to do well in asset allocation according to the economic trends in 2018, Fan Gang claimed: "Globalization won't stop; foreign exchange risks should arouse attention while Chinese enterprises are going global, and so is personal capital. In the long term, exchange controls will be loosened step by step, and the exchange rate will fluctuate greatly." Fan Gang continued: "As for asset allocation, our focus shouldn't be on the trends of the RMB exchange rate, but on other currencies. Only in this way can our market develop better in a more open way. As it will definitely be more open in future, it is suggested to look at asset allocation from a global perspective."

Regarding investment opportunities in 2018, Qiu Sisheng, the chief economist at Neo Capital and Vice President of Neo New Wealth, pointed out that the coming year would be the best time for China. Wealth would be redistributed in the next five years, not in the real estate market, but rather in the equity market. "It has been said that Chinese real estate market will no longer be the place for wealth creation, while the equity market will be. Why? When urbanization attains a certain height, real estate will no longer bring about high profits, but equity will still be vibrant, so equity allocation will be very important in the future," Qiu Sisheng said.

In recent years, driven by the real economy and financial markets, the number of high-net-worth individuals has been increasing in China year by year, bringing about enormous demand for wealth management. In addition, according to market data, an increasing number of high-net-worth individuals that usually make big investments are making decisions with advice from investment institutions. Over 70% of the investors that make investments of over 3 million yuan cooperate with professional institutions. As their demands are increasingly diversified and integrated, high-net-worth individuals are seeking increasingly professional financial services. According to Qiu Sisheng, professional institutions will surely cut a conspicuous figure in China's wealth market. Especially as high-end investors put forward diversified, integrated and individualized demands for investment, third-party wealth management organizations that aim to meet customers' financial demands have a brilliant future.

Board Chairman of Neo Capital Peng Tie pointed out that Neo Capital has grown from a young innovative financial company into a comprehensive Fintech group that specializes in wealth management, investment management, Fintech and combines industry and finance. In the next five years, Neo will keep innovating with a focus on financial innovation, sci-tech innovation and model innovation to actively build a sci-tech innovation platform with capital value, to develop more advanced Fintech tools that can help the group to consistently provide higher-efficiency financial products and services worldwide.

About Neo Capital

Neo Capital Management Group Limited, founded in 2012, is based in Shenzhen and has four management centers in Beijing, Shanghai, Shenzhen and Hong Kong, with business in Australia, London, New York, other international financial centers, as well as Silicon Valley. Neo Capital is a comprehensive Fintech group that specializes in wealth management, investment management, Fintech and combines industry and finance. With the mission of "offering equal financial services to everybody," the group specializes in combining industry and finance, serving the real economy, and committing itself to providing the public with comprehensive, professional household financial services, to promote household finance in China. Currently, Neo Capital has 286 branches and serves more than 8 million customers worldwide. Specifically, its Internet finance platform has more than 5 million registered users and more than 11,000 employees.

About Neo New Wealth

Neo New Wealth is a wholly-owned wealth management company of Neo Capital Management Group, and offers customers healthy, pluralistic financial services worldwide according to customer demand, with the aim of building a smart wealth management platform with global asset allocation at the core.

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Neo Capital Management Group Co., Ltd
Cecile Zhang
Phone: +86-186-2165-8793, +852-6741-3407
Email: [email protected]

SOURCE Neo Capital Management Group Co., Ltd.