Sunday, January 24, 2021
Tags China Guangfa Bank

Tag: China Guangfa Bank

Tencent Teams up with Visa, Guangfa Bank to Launch China’s First Foreign Currency Credit Card

Tech giant Tencent has teamed up with Visa and China Guangfa Bank (CGB) to issue a collaborative credit card that can process...

Record Fine for China Guangfa Prompts Calls for Inclusion of Fintech Giants in MPA’s

A recent online bond selling scandal which incurred the biggest ever fine issued by China's banking regulator has triggered calls for the country's leading...

China Guangfa Bank Embeds Credit Card in Fintech Smart Watch

As part of efforts to forge ahead in the mobile payments market, China Guangfa Bank has released a new fintech smart watch that comes embedded...

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Tencent Drops Advertising Veteran Lau Seng Yee from Roster of Top Executives

Chinese tech giant Tencent has removed a veteran advertising executive from the line-up of its senior-most personnel, as online companies in China...

Ant Group and Others Engage in Monopoly Conduct, But “Regulatory Discussions” Will Not Affect Normal Development: CBIRC

The Chinese banking regulator has sought to reassure the broader market that China's business environment for private enterprises will not be adversely...

Chinese Banks See Net Profits Decline 1.8% in 2020

China's banking sector saw a sizeable decline in its net profits for 2020 amidst the adverse economic impacts of the COVID-19 pandemic....

Tencent Expects Cloud Computing to Be Essential Infrastructure for Finance, Domestic Market to Soon Hit 80B Yuan

A senior executive from Chinese tech giant Tencent forecasts that cloud computing will be a key area of development for China's fintech...