Sunday, April 18, 2021
Tags Chinese fintech investment

Tag: Chinese fintech investment

Tech Investments of Chinese Banks Rose 20% in 2020

Chinese banks and insurers gave a major boost to their tech investments in 2020 despite the economic impacts of the COVID-19 pandemic....

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.

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Actually Used Foreign Investment in China Rises Nearly 40% in First Quarter, New Foreign Invested Enterprises up 47.8%

China has seen a surge in foreign investment in the first quarter of 2021 compared to the same period in 2020, with...

China’s Q1 GDP Surges 18.3% YoY, Two Year Average Growth Rate at 5.0%

Chinese GDP in the first quarter of 2021 has seen a surge compared to the same period last year, given the low...

MLF Rates Remain Unchanged for 13th Consecutive Month as Chinese Monetary Policy Stresses Stability

The Chinese central bank's open market operations (OMO) have kept the rate for medium-term instruments unchanged for over a year, with analysts...

PBOC Reiterates Commitment to Anti-trust Enforcement in Chinese Payments Sector, Development of Cross-border Payments

The Chinese central bank has stressed its commitment to enforcing anti-trust measures in China's payment sector, as well as efforts to improve...