Hong Kong fintech unicorn WeLab weighs IPO amid region's digital finance boom

Hong Kong fintech unicorn WeLab weighs IPO amid region's digital finance boom

WeLab founder and CEO Simon Loong. Photo: WeLab's LinkedIn page

WeLab, a Hong Kong financial technology company backed by billionaire Li Ka-shing, is in talks with investment banks in preparation for an initial public offering expected later this year, according to five people familiar with the situation.