A tale of 44 cities | Shanghai S e l f e v a u l a t i o n o f tH h eu hb u bi in nd i sc High Rankixa t ko e yr s a r e a Shanghais Best workspace and accelerators Hub features Top FinTech companies Hub profile Technologies Alipay, China PNR, Lu.com, ppdai.com, dianrong.com, Eastmoney.com, Wind Info, Wa Zhong An Insurance. r s awG Big data Big investors To Cloud Valley Cloud computing elv Ae iStart vr Sequoia Capital, IDG Capital Partners, Bank of China, CDH Investments, Wanda, in Payment gateways vm KIC e Gome and Sunig, Guotai Jun’an Securities, Sinolink Securities, Fosun, SAIF Capital. Gn l o b a l F Mobile it Cn People Squared es n t r eu 1p S6p Sinovation Ventures P2P networks ho angr YBC Success stories ht ai Lufax, an online internet finance marketplace valued at $18.5bn. nD oo Innovation areas iB tui a7sn v8ig on ne Zhong An Insurance, an Internet Insurance company, established by Ant ns Is Ll Risk managment ia s bobx FinancialServices, Tencent Holdings Ltd. and Ping An Group, valued at $8bn. noe Gld Asset management n5 I2In Wealth management n INDEX SCOREo The future va Blockchain t As the traditional financial hub in China, Shanghai will experience growth and Shenzheni o Artificial intelligence c n consolidation as new FinTech segments come together. There is a strategy in China is the largest FinTech market in the world as measured by total 119utlu place to construct a science and technology innovation centre and we expect to investment, total addressable market, and digital usage. A digital savvy er Challenges see growth in new technology areas such as virtual reality, biometrics, Big data- population along with an under-developed financial industry has Regulatory uncertainty based risk management, blockchain and AI. These will be supported by increased opened up new opportunities for FinTech to make a significant impact.Low Rank Skills shortages – technology government support, improved regulatory environment and implementation of High cost of living Free Trade Zone policies. tise Reper gulao ex tionty t imi rox P Hub representativeFormers ASIFIeign sto custo artupsProximity t President Wan Jianhua Data to be updated in full report (Sibos, October 2017) 101