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Bank
FINANCIAL | Retail Banking
cmbwinglungbank.com

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Investments

4

Partners & Customers

2

About CMB Wing Lung Bank

CMB Wing Lung Bank is a Hong Kong-based bank.

CMB Wing Lung Bank Headquarter Location

45 Des Voeux Road

Central,

Hong Kong

(86) 4008 822388

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Latest CMB Wing Lung Bank News

AQUMON Develops Robo Advisory Platform for CMB Wing Lung Bank

Apr 19, 2021

AQUMON has developed a robo advisory platform called Wealth-Tech Services for the CMB Wing Lung Bank to provide the latter’s clients with sophisticated, low-cost, and transparent investment options. Clients will undergo risk and investment preference assessments to ascertain their risk profile. A tailor-made portfolio is then recommended according to the clients’ risk appetite, region, and sector preference. Following their purchase, monthly reports are provided to allow the clients to review their portfolio’s performance. Portfolio rebalancing and redemption options are provided to ensure that the clients’ investing preferences or needs are constantly reflected. In this partnership, AQUMON provides the core algorithm for CMB Wing Lung Bank’s Wealth-Tech Services. Utilising AQUMON multi-factor fund selection module, Wealth-Tech systematically selects superior mutual funds as building blocks for clients’ portfolios. The strategy analyses factors such as AUM change, expense ratios, macroeconomic sensitivities, downside risk metrics, and track records. AQUMON plans to work with more financial institutions in providing Robo-Advisor as a Service (RaaS) and accelerating the implementation process. The firm also plans to expand its services and establish offices in Japan, Singapore, and Shanghai. Kelvin Lei Kelvin Lei, CEO and Co-Founder of AQUMON comments, “CMB Wing Lung Bank’s Wealth-Tech Services, the Robo Advisory platform developed by AQUMON, utilizes algorithms and scalable IT solutions to provide clients with a personalised investment solution. Throughout the partnership, CMB Wing Lung Bank has demonstrated its outstanding values and its commitment to digital transformation. AQUMON appreciates and holds the opportunity to partner with CMB Wing Lung Bank in high regard.” Get the latest fintech news directly in your inbox, subscribe to our bi-weekly newsletter

CMB Wing Lung Bank Investments

4 Investments

CMB Wing Lung Bank has made 4 investments. Their latest investment was in Magnum Research as part of their Series B - II on October 10, 2020.

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CMB Wing Lung Bank Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

10/21/2020

Series B - II

Magnum Research

$30M

No

4

5/5/2020

Series B

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10

4/10/2019

Loan

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$99M

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10

3/1/2016

Private Equity

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10

Date

10/21/2020

5/5/2020

4/10/2019

3/1/2016

Round

Series B - II

Series B

Loan

Private Equity

Company

Magnum Research

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Amount

$30M

$99M

New?

No

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Co-Investors

Sources

4

10

10

10

CMB Wing Lung Bank Partners & Customers

2 Partners and customers

CMB Wing Lung Bank has 2 strategic partners and customers. CMB Wing Lung Bank recently partnered with Magnum Research on February 2, 2021.

Date

Type

Business Partner

Country

News Snippet

Sources

2/22/2021

Vendor

Magnum Research

Hong Kong

February 22, 2021 | AQUMON | Portfolio.

Hong Kong , Feb 2021 - Amid the challenges brought by the pandemic , AQUMON is accelerating digitalization in the wealth management industry through its partnership with CMB Wing Lung Bank .

1

Vendor

Magnum Research

Hong Kong

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10

Date

2/22/2021

Type

Vendor

Vendor

Business Partner

Magnum Research

Magnum Research

Country

Hong Kong

Hong Kong

News Snippet

February 22, 2021 | AQUMON | Portfolio.

Hong Kong , Feb 2021 - Amid the challenges brought by the pandemic , AQUMON is accelerating digitalization in the wealth management industry through its partnership with CMB Wing Lung Bank .

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Sources

1

10

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