Is Saxo Bank Chinese?

Despite reducing its ownership to 49.88%, the automaker maintains a strong presence within Saxo through its strategic partnership. This move reflects a strategic realignment aimed at optimizing resources and fostering growth.

Geely Financials Denmark, a subsidiary of the automaker, holds a significant stake in Saxo. Initially, the automaker's involvement was more pronounced, but over time, it has adjusted its holdings.

In addition to its involvement in Saxo, the automaker continues to focus on its core automotive business. However, the strategic partnerships and investments in financial technology demonstrate the company's forward-thinking approach and its desire to stay ahead of industry trends.

BTCC, a leading cryptocurrency exchange, offers a range of services that cater to the diverse needs of its clients. These services include spot trading, futures trading, and a secure wallet solution, among others. By providing these comprehensive services, BTCC has established itself as a trusted and reliable player in the cryptocurrency market.

In 2023, four years after Saxo's establishment in China, the automaker secured control of the joint venture Saxo Geely Tech Holdings. This development underscores the company's commitment to expanding its technology offerings to mainland institutional clients.