Wednesday, October 28, 2020
Tags Chinese fintech investment

Tag: Chinese fintech investment

China’s Banking and Insurance Sectors Made IT Investments of USD$29 Billion in 2019

China's banking and insurance sectors significantly beefed up their IT resource investments in 2019, amidst a push from regulators for improvements to...

India Ousts China as Top Fintech Funding Nation in First Quarter of 2020

India replaced China as the country with the largest amount of fintech funding in the first quarter of 2020, as the latter's...

China Everbright Bank Invests 500 Million Yuan in Fintech Innovation Incubator

Leading joint-stock lender China Everbright Bank has unveiled plans to step up investments in fintech innovations.

Chinese Fintech Investment Plunges 83% in 2019, Drives Global Decline

A new report from Accenture points to a precipitous decline in Chinese fintech investment in 2019.

Chinese Fintech Funding Sees 7-Fold Contraction in 2019: IBS Intelligence

Chinese fintech funding activity saw a sharp plunge in 2019, after posting a global lead the year previously.

Chinese Blockchain Investment Drops 40.8% in 2019: Rhino Data, Xinhua Finance Report

A new report co-produced by China's state-owned media agency points to sharp declines in blockchain investment and financing deals in 2019.

China Sees 29 Fintech Deals Worth 7.59 Billion Yuan in May

China saw fintech deals worth approximately 7.59 billion yuan in the month of May, nearly twice the value of deal in the...

Chinese Fintech Investment Plunges 89% in First Quarter of 2019

Investment in China's fintech sector has seen a precipitous drop since the start of 2019 according to a new report.

Fintech Investment by Ping An Bank and China Merchants Bank Surges in 2018

The latest round of financial reports from China's listed banks points to a surge in fintech-related investment.

Annual Fintech Investment of Chinese Banks Approaches 100 Billion Yuan, Big State-owned Lenders Account for 60%

A new report from the peak body for the Chinese banking sector points to a sharp rise in fintech investment by commercial...

Most Read

Fake Digital Renminbi Wallets Have Already Emerged on the Chinese Market: Chinese Central Bank

Chinese regulators are already contending with the appearance of fake wallets for the statutory digital currency which is currently undergoing trial operation...

Jack Ma’s Ant Group Valued at over $313 Billion by IPO Pricing

The pricing for Ant Group's upcoming IPO in Hong Kong and Shanghai puts the value of the fintech giant at 2.1 trillion...

Yangtze River Delta Digital Financial Data Centre Will Issue Digital Renminbi

A new fintech institution launched in the eastern Chinese economic hub of the Yangtze River Delta will play a key infrastructure role...

Digital Renminbi Could Evolve into Global Currency: Ex-Bank of China Chief

Li Lihui (李礼辉), the former head of the Bank of China, believes that the development of the digital renminbi could pave the...