With the Chinese New Year beginning on February 16, 2018, Tradesocio takes this opportunity to wish all its associates, partners and clients in China and across the world, Xin Nian Kuai Le. The Lunar New Year is a time to honour families, and the Tradesocio family, which has grown exponentially over the past couple of years, needs to be acknowledged at this time.
China is a key market for Tradesocio, which currently has offices in Cyprus, India, Singapore and Hong Kong. The Asian continent will remain a major focus for 2018, with the core team of the company already touring important locations across Asia, participating in key events, such as IFX Expo Asia 2018 in Hong Kong, which was attended by over 30,000 participants in the global financial market, along with more than 1,000 brands.
Asia is currently at a very interesting juncture, regarding fintech, with both large enterprises and SMEs looking at fintech solutions that can ease their business. In fact, even traditional businesses are increasingly acceptive the disruptive capabilities of fintech, while the Chinese consumer is today technologically and digitally savvy. All this opens new opportunities for fintech firms like Tradesocio, which offer cutting-edge solutions for both businesses and individuals.
Impact of the Chinese New Year on the Financial Markets
The most important event in the Chinese calendar, the Lunar New Year sees significant spending and travel, with the Chinese buying gifts for their loved ones and travelling across the world to reunite with family members. Therefore, the Chinese New Year has an impact that goes well beyond the borders of mainland China. This is also the time when the Chinese economy seems to come to a grinding halt with almost all industries closing for the celebrations. The impact of the Chinese industry closing can be felt worldwide, given that the country is the world largest manufacturer and exporter.
Insights into the impact of the Chinese New Year can be valuable for businesses and individuals. With Alpha Suite, Tradesocio offers various levels of insight as well as key solutions for the global investment ecosystem. The company sees the Chinese New Year as a time for new beginnings and new partnerships, eagerly looking forward to deepening its relationships around the world.