hi Brian, good day.. slowly up lo, I say buy before fly but not yet fly... so it's good time to buy now, because i said buy is since 0.120 until now already 0.135.. so faster grab the chance :)
Those who buy when they listen earlier now already see +++ in their account, so just wait for it to fly. Goku's ultra instinct never goes wrong :) hehehehe
November 13, 2020 (Kuala Lumpur, 13) XOX said that Telecommunications (XOX, 0165, GEM) and WETEK (China) Financial Information Services Co., Ltd. (WETEK Group) jointly launched a financial product - WeFinance, in September has been issued by the Malaysian government Internet financial products operating license, is expected next month to promote "100 seconds of extremely fast loan" micro-credit facilities, can help up to 2.2 million users.
Micro-credit, which has a long history from the late 1970s to the late 1980s, is nothing new, but it is still not enough to eliminate the problems of many of the world's poor countries, as it still does not provide financial inclusion for the poor.
In recent years, the development of artificial intelligence (AI) may help unlock the potential of micro-credit. In an article entitled "The Use of Artificial Intelligence in Lending and Loan Management," Daniel Fagra, head of research at Emerj AI Research Consultants, points out that lending itself is a big data problem. Because to provide a loan, make sure that the lender's credit is good, and the more data you have, the better you can assess the lender's creditworthiness.
He also points out that while there is some controversy about the use of artificial intelligence to assess credit, such as privacy issues and discrimination, the use of artificial intelligence to filter alternative data to identify the use of credit for individuals will become more widespread.
Looking at the potential of this market, XOX said Telstra announced in July that it would launch an e-wallet platform in partnership with Wetek Group through its wholly-owned subsidiary XOX Media Pte Ltd, and that it would use Wetek Technology's microfinance facilities to encourage subscribers to use e-wallets.
WETEK Group is a leading fintech company in the Chinese market with cash loan products, big data risk monitoring, and cloud computing. The group is looking to technology big data to drive financial services, providing online micro-credit services to low- and middle-income groups through fintech platforms.
The group's cash-lending product, Worry-Free Borrowing, has introduced microcredit convenience in the Chinese market for the first time under the "100-second fast lending" model.
At the same time, WETEK Group, relying on its big data risk monitoring and cloud computing capabilities, pioneered the consumer micro-finance SAAS platform based on big data risk monitoring in the industry, allowing participants to join the consumer finance ecosystem through technology interfaces, so that capital, technology, customers, data, scenarios can effectively coordinate, greatly reduce transaction costs across the industry, and improve overall service efficiency, and promote the development of Universal Finance in China.
WetEK Group began last year to accelerate its global distribution and opened its first overseas branch in Vietnam.
Recycle news just change date and add some sweetner to make it tasty. Pity those kena con during Ant news. Mostly bought at 0.30++. Everyday keep waiting hope price spike to their average cost. Salute to opportunist and smart guys enter and exit at right time. Don't fall in love with con company unless you wanna be long term 'investor'. Reach target get out fast. Heard got fella bought at 0.1x level but because of greedy, don' t want to sell when price spike above 0.30+.
Only dropped 5 cent? Time to collect at good price. Support is slowly build up and maintain at 0.125-0.130 higher and higher. Only more room for uptrend.
Micro-credit(fast-lending, fintech) is what the economy needed most for recovery. A lot of businesses and individual will be hugely benefited by it when it is rollout next month.
XOX collaborates with Macpie to design eSports XOX Bhd signed a contract with Macpie Bhd to execute a mobile eSports league in Malaysia. In a statement yesterday, XOX said Macpie will be tasked with setting up a “XOX Unity Player Unknown BattleGround League, a widely played mobile game. It had a cumulative unit sales of 50 million after its release and has gained a legion of fans so far. XOX Mobile Sdn Bhd group CEO Ng Kok Heng said the company will aim to be the go-to platform for gamers to come together and showcase talent.
Did not mentioned abt xox and wetex. Don't be fooled by cyber trooper here. Perhaps finance for pubg games competition. Buy weapon now, pay later.. Hahaha
Wait later Mr. 'good news' will come ask to invest in XOX. Most if these storytellers stucked at 30th floor above. Still cannot accept their darling XOX con them just in 2 months. Kah kah kah
Section 3.1: Fintech Business Expansion To capitalise on the rapid advancement of technologies, the Group intends to invest in the Fintech Business Expansion which is expected to add value and complement the Group’s existing MVNO business. To carry out the Fintech Business Expansion, save for the following, the Group does not require any specific approval from authorities to operate the XOX Digital Marketplace, Microfinancing Platform and Blockchain e-Wallet:- (i) an approval from Bank Negara Malaysia (“BNM”) to be an e-money issuer, of which the Group has obtained in September 2008; and (ii) to provide microfinancing services, financiers are required to obtain a microfinancing license issued by BNM. The Group intends to venture into the microfinancing segment through collaborating with third party financiers to provide the microfinancing to users, while the Group’s role is to develop, operate and maintain the Microfinancing Platform. In view that the Group is not the financier, the Group is not required to obtain the microfinancing license. Nonetheless, the Group endeavours to only collaborate with third party financiers who has obtained the requisite microfinancing license. Kindly refer to Section 3.1(ii) of the First Announcement for further details on the Microfinancing Platform.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Goku88
429 posts
Posted by Goku88 > 2020-11-16 11:58 | Report Abuse
Support building up, buy before fly, still low price and close to support