Friday, October 23, 2020
Tags Carlyle Group

Tag: Carlyle Group

Carlyle Group CEO Loves China’s Fintech Sector

The co-head of one of the world's largest private equity firms has hailed the investment potential of China's fintech sector, given the breakneck growth...

Baidu Sells Majority Stake in Financial Services Unit for $1.9bn

Chinese Internet giant Baidu Inc has announced that will sell off a majority stake in its Baidu Financial Services Group ( Baidu FSG) for...

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Fintech Giant Lufax Pursues USD$2.36 Billion Stateside IPO

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

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

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

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

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

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

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