Saturday, January 23, 2021
Tags Chinese fintech regulation

Tag: Chinese fintech regulation

Ant Group’s IPO Scuppered by China’s Launch of New Online Micro-loan Rules, Will Face Major Re-valuation as a Consequence: Analysts

Chinese analysts say that the suspension of Ant Group's record-breaking IPO on the Hong Kong and Shanghai bourses was due to ongoing...

Central Bank Official Sheds Light on China’s Fintech Regulatory Plans

A senior official from the People's Bank of China (PBOC) has penned an essay on the priorities of Chinese authorities when it...

Ant Financial Launches Corporate Credit Rating Company

Chinese fintech giant Ant Financial has launched its own corporate credit rating company. Ant...

10 Chinese Provinces Launch Fintech Regulatory Trials

A total of ten province-level administrative entities in China have obtained approval from the central government to launch their own fintech trials....

Chinese Central Bank Flags Heightened Regulation of Fintech Innovations

A senior official from the People's Bank of China (PBOC) has outlined plans to optimise the regulation of the Chinese fintech sector....

Fintech Partners of Beijing Banks Come under Tighter Scrutiny

Beijing's municipal financial authority has launched new regulations that put greater pressure on fintech companies that cooperate with regional banks.

Ant Financial’s Hu Xiaoming Says Excess Regulation Will Hold Back Chinese Fintech Innovation

The head of China's biggest fintech company has highlighted a slowdown in domestic fintech investment and warned of the impacts of excessive...

China’s Banking Regulator Says Policy Deficiencies Are Holding Back Blockchain Development

A senior official from the China Banking and Insurance Regulatory Commission (CBIRC) says deficiencies in national policy are an impediment to the...

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Users of Everbright’s Cloud-Driven Utilities Payment Platform Exceeded Half a Billion in 2020

China Everbright Bank has seen users of its cloud-based utilities payments service surge in 2020, as the COVID-19 pandemic drove sharp gains...

China Unlikely to See Real Estate Loan Rates Decline in 2021 as LPR Holds Steady for Ninth Month Straight

Domestic analysts say that Chinese banks are unlikely to significantly reduce rates for real estate loans in 2021, as regulators continue to...

Chinese Central Bank Unveils Anti-Trust Measures Permitting Break up of Third-Party Payments Platforms

The People's Bank of China (PBOC) will have the power to recommend the dismantling of third party payments platforms under new measures...

Pinduoduo Owner Applies for Payments Trademark

A major shareholder in NASDAQ-listed agricommerce platform Pinduoduo has applied with Chinese authorities to register a Pinduoduo-related payments trademark.