Thursday, 7 June 2018, 16:00 HKT/SGT

Source: Hong Kong International New Economic Research Institute

To Actively Promote the Technical Exchanges between domestic and international Financial Technology Industry

HONG KONG, June 7, 2018 - (ACN Newswire) - Hong Kong International New Economic Research Institute ("New Economic Research Institute"), an integrated scientific research service provider under Higgs Block Technology (HK) Company Limited ("Higgs Block HK"), a technology company with blockchain technology as its core, is formally established today. Leveraging on the analysis of new global economic trends, research results and promotional experience, the New Economic Research Institute will provide assistance for the establishment of fintech regulatory mechanisms and prediction of financial risks, which aims to promote the technical exchanges between domestic and international financial technology industry.

Driven by a new generation of science and technology, "new economy" is becoming the most invested, innovative and fastest growing scope in the economies of all countries, representing an engine to accelerate global economic growth. The establishment of the New Economic Research Institute will follow the trend, its principle research areas include the international comparison study of blockchain regulatory policies, laws and regulations, the study of China's blockchain regulatory standards, the global blockchain industry investment research, the development of blockchain technology and quantitative investment algorithm as well as the fusion application of blockchains, the Internet, artificial intelligence and big data. In all, the Institute will provide companies research services on emerging technologies, new economic forms and development trends.

Mr. Deng Ke, Chairman of Higgs Block Technology Company Limited, and President of the New Economic Research Institute, stated, "We are very pleased to witness the official launch of New Economic Research Institute under Higgs Block HK. We would like to express our sincere gratitude to our customers, partners and all of our staff for their consistent support. The New Economic Research Institute will make full use of the competitive advantage of Hong Kong as an international financial center to transform high-quality research results and cutting-edge academic development into a series of Intellectual products. Also, the Institute will provide data support to the government, enterprises and third parties through organizing various types of academic and exchange activities and will advocate the technical exchanges aggressively in the financial technology industry."

About Hong Kong International New Economic Research Institute
The Hong Kong International New Economic Research Institute is a resource integrated collaborative and innovative services institution, which is cross-sectoral, cross-industry and cross-regional. Leveraging on the analysis of new economic trend, research results and promotional experience of the globe, the New Economic Research Institute has been establishing a local fintech supervision mechanism, making remarkable progress in effectively predicting potential financial risks to ensure the development of fintech industry in a healthy and orderly manner.

About Higgs Block Technology Company Limited
Higgs Block was established in August 2017, headquartered in Singapore, which is a science and technology company with blockchain technology as its core. Higgs Block involves blockchain services such as heterogeneous blockchains and application solutions and blockchain integration solutions, aiming to create a more innovative, equal and highly efficient blockchain technology ecosystem with heterogeneous blockchain, "Higgs Chain" as its core, providing customers with comprehensive and integrated blockchain technology services. At present, Higgs Block has completed the business layout in numerous countries and regions, including Singapore, the United Kingdom, Japan, South Korea and Hong Kong. Higgs Block is equipped with the Hong Kong International New Economic Research Institute, principally in the provision of research services such as emerging technologies, new economic forms and development trends for the company's various businesses.

Topic: Press release summary
Source: Hong Kong International New Economic Research Institute
Sectors: Daily Finance, Daily News, Blockchain Technology