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Fintech

Fintech Giant Lufax Pursues USD$2.36 Billion Stateside IPO

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Chinese fintech giant Lufax has revealed more details on its plans to pursue an initial public offering (IPO) in the US despite...
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Economy

China to Increase Qualified Domestic Institutional Investor Quota by around USD$10 Billion

CBNEditor - 0
China's forex administration has announced a further increase to the foreign investment quota for qualified domestic institutional investors (QDII).
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Economy

Zhou Xiaochuan Weighs in on Internationalisation of the Renminbi at 2020 Financial Street Forum

CBNEditor - 0
Zhou Xiaochuan, the former head of the Chinese central bank, has voiced his opinions on the near-term prospects for the internationalisation of...
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Fintech

PBOC Launches Fintech Research Centre, Calls for “Comprehensive Increase” in China’s Fintech Competitiveness and Influence

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A senior official from the People's Bank of China (PBOC) has called for the country to further drive efforts for the development...
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Fintech

China’s P2P Platforms Drop from 5000 to Less Than 6

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Chinese P2P lending has been all-but squeezed out of existence by regulators in response to widespread issues with fraud in the once-flourishing...
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Fintech

CSRC Says Blockchain Used in Regtech Pilot Schemes for China’s Regional Equity Markets

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A senior official from the China Securities Regulatory Commission (CSRC) has highlighted the application of blockchain technology to regulatory trials in the...
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Banking

China’s Top Finance Regulators Send Raft of Policy Signals at 2020 Financial Street Forum

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Senior officials from the People's Bank of China (PBOC), the China Banking and Insurance Regulatory Commission (CBIRC) and the China Securities Regulatory...
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Banking

PBOC to Issue New Rules on Assessment of Systemically Important Banks

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A senior official has flagged the imminent launch by the Chinese central bank (the People's Bank of China) of new rules governing...
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Economy

China’s Live Streaming E-commerce Market Set to Breach 1 Trillion Yuan in 2020

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A new report from KPMG and Alibaba sees the live streaming e-commerce market in China exceeding one trillion yuan (approx. USD$150 billion)...
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Banking

Ping An Bank Enters Strategic Partnership with JDD, Launches Joint Credit Card

CBNEditor - 0
The lending unit of Ping An Group and JD.com's fintech vehicle have just entered a strategic partnership covering a range of areas....
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Fintech Giant Lufax Pursues USD$2.36 Billion Stateside IPO

Fintech CBNEditor - 0
Chinese fintech giant Lufax has revealed more details on its plans to pursue an initial public offering (IPO) in the US despite...
Read more

China to Increase Qualified Domestic Institutional Investor Quota by around USD$10 Billion

Economy CBNEditor - 0
China's forex administration has announced a further increase to the foreign investment quota for qualified domestic institutional investors (QDII).
Read more

Zhou Xiaochuan Weighs in on Internationalisation of the Renminbi at 2020 Financial Street Forum

Economy CBNEditor - 0
Zhou Xiaochuan, the former head of the Chinese central bank, has voiced his opinions on the near-term prospects for the internationalisation of...
Read more

PBOC Launches Fintech Research Centre, Calls for “Comprehensive Increase” in China’s Fintech Competitiveness and Influence

Fintech CBNEditor - 0
A senior official from the People's Bank of China (PBOC) has called for the country to further drive efforts for the development...
Read more

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