Friday, April 23, 2021
Tags Baidu fintech

Tag: Baidu fintech

China Construction Bank Enters Cooperative Agreement with Baidu to Leverage Artificial Intelligence Capabilities

Big state-owned lender China Construction Bank (CCB) and tech giant Baidu have executed a strategic cooperative agreement that focuses on the application...

Baidu Plans to Make Strategic Investment in Yusys Technologies

Baidu plans to obtain a sizeable stake in Shanghai-listed fintech firm Yusys Technologies(宇信科技). Baidu...

China’s Big Four Tech Giants Collectively Amass 40 Financial Licenses Despite De-financialization Drive

The big four tech giants of Baidu, Alibaba, Tencent and JD.com have continued to amass finance licenses despite a push from Chinese...

Baidu Becomes First Chinese Internet Giant to Obtain License for Consumer Finance Operations

Baidu's finance affiliate Du Xiaoman Financial is expanding into the consumer finance sector with the acquisition of a sizeable chunk in a...

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...

SPD Bank Teams up with Baidu and China Mobile to Create “Digital Person” for Its Mobile App

Shanghai Pudong Development Bank is teaming up with Baidu and China Mobile to create a "digital person" (数字人) as part of its...

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Chinese Banking Sector Assets up 9.2% YoY at End of First Quarter, NPL Ratio Edges Lower

The total assets of the Chinese banking sector saw an increase of over 9% at the end of the first quarter of...

20 Chinese Companies Pursue US Listings in First Quarter of 2021, Funds Raised Surge over 10-Fold Despite Sino-US Tensions

The first quarter saw a precipitous surge in funds raised by Chinese companies opting to list in the US, despite ongoing tense...

National Fiscal Revenues in China Rise over 24% in First Quarter

China's national fiscal revenues surged in the first quarter of 2021, as the economy continues to recover from the initial impacts of...

Singapore’s DBS Bank Plans to Grab Biggest Stake in Leading Shenzhen Lender

Singaporean multinational lender DBS Bank has unveiled plans to acquire over a tenth of equity in a major lender in the Shenzhen...