Sunday, November 1, 2020
Tags Chinese online finance

Tag: Chinese online finance

Suning Finance Teams up with XWBank to Provide Digital Supply Chain Financing to Small Business

The finance vehicle of Chinese retail giant Suning has entered an agreement with a leading digital bank in China to provide digital...

P2P Platform Xiaoniu Online Becomes the Latest in China to Close Shop

Xiaoniu Online (小牛在线) is the latest P2P platform to shut down operations following the launch by Chinese authorities of a heavy-handed crackdown...

Big Data and Online Finance Report Highlights Standardisation, Cooperation and Openness as Key Trends for China

A new report on big data and online finance from one of China's leading fintech research bodies highlights a trio of key...

China’s Peak Online Finance Body Requires Members to Display Annualised Lending Costs

The National Internet Finance Association of China (NIFA) (中国互金协会) has launched a new measure to raise the transparency of the online lending...

China’s Non-bank Online Payment Operations Rise 85.05% YoY in 2018

A new report on the development of China's internet sector highlights surging growth in non-bank payments operations.

Has Online Finance Crackdown Driven Office Vacancies in Beijing to Eight Year High?

Members of the real estate sector say that China's heavy-handed deleveraging campaign in tandem with a crackdown on the online finance sector...

Over One Fifth of Chinese Netizens Use Online Wealth Management Services

A new report on China's online wealth management sector indicates that the number of clients on the market has already exceeded 170...

Baihang Credit Executes Cooperative Agreements with over 700 Chinese Financial Institutions

China's only licensed personal credit agency has just seen its first major change in executive personnel, after enjoying rapid growth in the...

Online Financial Institutions Integrated into China’s Credit System

The Chinese central bank is pressing ahead with efforts to incorporate online financial institutions in the country's broader credit system.

China’s Peak Online Finance Body Establishes Fintech R&D Committee

The peak body for online finance in China has unveiled a new initiative to drive domestic fintech research and development undertakings.

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Anhui Province Undertakes Trial Scheme for SME Emergency Loans to Enteprises Affected by COVID-19 and Flooding

The inland Chinese province of Anhui has announced the start of a trial scheme for the provision of emergency loans to local...

ByteDance Establishes Artificial Intelligence Subsidiary in Fujian Province

ByteDance, the company behind social media giant TikTok, has just established a tech subsidiary in Fujian province whose business scope includes artificial...

Alibaba Unveils Plan for Greater Digitisation of Cross-border Trade

Chinese e-commerce giant Alibaba has unveiled an ambitious new plans to support the use of e-commerce by small businesses.

Lending to Private Enterprise Increases 5.4 Trillion Yuan During Jan – Sep Period: CBIRC

The latest data from the China Banking and Insurance Regulatory Commission (CBIRC) points to a sizeable increase in lending to private enterprises...