Saturday, April 10, 2021
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Private Lender CITIC aiBank Grabs Approval for Investment from Canadian Pension Fund

Baidu-backed private digital lender CITIC aiBank (百信银行) has just obtained approval for an increase in its registered capital from China's top banking...

51 Credit Card Enters Comprehensive Strategic Cooperation with CITIC aiBank, Releases “T+” Plan

Chinese credit card company 51 Credit Card (51信用卡) is teaming up with Baidu-backed direct lender CITIC aiBank (百信银行) to cooperate on fintech...

Tencent Leads Chinese Tech Giants in Online Banking

Tencent has emerged as the leading player amongst China's online tech giants when it comes to lending operations via online direct banks.

aiBank, MYBank and WeBank Apply AI and Big Data to Online Lending in China

Chinese fintech companies are utilising a range of technologies to expand their stakes in the online banking market by specialising in the provision of...

Baidu Teams up with China Citic to Launch Fintech Direct Bank

Chinese Internet giant Baidu has teamed up with mid-tier lender China Citic Bank to launch a fintech joint-venture that will use AI and big...

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Digital Renminbi Makes Its Debut on Renmin University Campus

Ongoing trials of China's Digital Renminbi have brought the central bank digital currency to one of the country's most prestigious tertiary institutions....

China’s Services Exports Surge over 20% since Start of 2021, Imports Plunge by More Than 18%

China has seen a sharp rise in its exports of services since the start of 2021, in tandem with a plunge in...

Liquidity to Come Under Modest Pressure in April Following Funds Contraction of 30 Billion Yuan in March

Liquidity in the Chinese finance system is expected to come under modest pressure in the month of April as a result of...

China Co-chairs G20 Sustainable Finance Study Group with United States

China will play a leading role in efforts by the G20 to develop solutions for the challenges faced by the global sustainable...