Friday, April 23, 2021
Tags Chinese fintech regulation

Tag: Chinese fintech regulation

Tencent Says Cooperation with Regulators Is the Focus of Its Fintech Strategy as Revenues Surge Nearly 30%

Tech giant Tencent has made explicit its eagerness to cooperate closely with Chinese regulators following a sharp tightening in regulation of the...

Chinese Central Bank Wants International Cooperation on Fintech Regulation, Antitrust Measures

A senior official from the Chinese central bank has called for greater international cooperation in the area of 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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Chinese Banking Sector Assets up 9.2% YoY at End of First Quarter, NPL Ratio Edges Lower

The total assets of the Chinese banking sector saw an increase of over 9% at the end of the first quarter of...

20 Chinese Companies Pursue US Listings in First Quarter of 2021, Funds Raised Surge over 10-Fold Despite Sino-US Tensions

The first quarter saw a precipitous surge in funds raised by Chinese companies opting to list in the US, despite ongoing tense...

National Fiscal Revenues in China Rise over 24% in First Quarter

China's national fiscal revenues surged in the first quarter of 2021, as the economy continues to recover from the initial impacts of...

Singapore’s DBS Bank Plans to Grab Biggest Stake in Leading Shenzhen Lender

Singaporean multinational lender DBS Bank has unveiled plans to acquire over a tenth of equity in a major lender in the Shenzhen...