Fintech & EM-focused Analyst, KT Capital Group

Alec Tseung

Alec is a partner in KT Capital Group and the Chinese shareholder representative of a large, listed P&C insurer in Kazakhstan/Central Asia. 

Previously, he served as the Research & Investments Partner at Re:base Ventures (rebase.vc), a Web3 and DeFi investment firm with a strong focus on building and incubation. 

Before that, he spent time with Tencent, where he was responsible for the group's investments in the overseas markets (Southeast Asia, the Middle East, and Europe). 

Prior to Tencent, he was in the Principal Investments team at Swiss Re, where he focused on driving the group's investments into financial services and Fintech sectors in APAC. 

He has been responsible for a wide range of investments and transactions (venture/growth, buyout, direct secondaries, etc.) totaling >$5 billion. Alec started his career with Bank of America Merrill Lynch.

Fintech & EM-focused Analyst

KT Capital Group

Principal investments and advisory firm that focuses on connecting the CIS countries with East Asia.

Principal investments and advisory firm

Equity Bottom-Up

<ul>
<li>Hindenburg Research published a short-selling report accusing the company and its Chairman &amp; CEO of evading sanctions, fabricating revenue, market manipulations, etc.</li>
<li>One area that could warrant more attention is the acquisitions Freedom carried out over the past 18 months, where numerous target companies were personally invested by its Chairman &amp; CEO.</li>
<li>In Kazakhstan, it's difficult to have full visibility into these target companies’ shareholders and for whom exactly Freedom was providing liquidity.</li>
</ul>


Hindenburg Research published a short-selling report accusing the company and its Chairman &amp; CEO of evading sanctions, fabricating revenue, market manipulations, etc.
One area that could warrant more attention is the acquisitions Freedom carried out over the past 18 months, where numerous target companies were personally invested by its Chairman &amp; CEO.
In Kazakhstan, it's difficult to have full visibility into these target companies’ shareholders and for whom exactly Freedom was providing liquidity.


Freedom Holding: A Kazakh Scam Being Uncovered?

Freedom Holding /NV

Freedom Holding: A Kazakh Scam Being Uncovered?