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Wuhan’s Z-Bank Becomes Third Private Lender in China to Increase Capital via Share Issue

Published 2 days ago - CBNEditor

Wuhan Zhongbang Bank (武汉众邦银行) (Z-Bank) has just completed a deal to double its registered capital levels.

Fintech

Fintech

China UnionPay to Make QR Code Payments Accessible on Overseas Public Transportation

Published 2 d ago - CBNEditor

Chinese payments giant China UnionPay plans to make its QR code payments system increasingly available on overseas public transit systems.

Beijing Launches New Measures to Bolster Financial Support for Private Enterprises

Published 2 d ago - CBNEditor

The Chinese central government has launched new measures to boost and diversify financing channels for private enterprise in China, with an especial focus on MSE’s.

Goldman Sachs, BlackRock Plan to Launch Majority-owned Asset Management Vehicles in China

Published 2 d ago - CBNEditor

US investment giants Goldman Sachs Group Inc. and BlackRock Inc. plan to hold majority stakes in new Chinese asset management joint-ventures, according to sources who spoke to Caixin.

Fintech

Fintech

Ant Financial to Debut Global Fintech Conference in Shanghai

Published 2 d ago - CBNEditor

Payments giant Ant Financial has unveiled plans to host an international fintech conference in the coastal mega-city of Shanghai.

Fintech

Fintech

Shanghai Releases 5-Year Fintech Hub Development Plan, Unveils Lujiazui Fintech Development Center

Published 2 d ago - CBNEditor 1

Shanghai has unveiled ambitions to become a leading hub for both the domestic and global fintech sector.

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