Thursday, April 22, 2021
Tags Chinese fintech

Tag: Chinese fintech

Banking

Zhou Xiaochuan Says Development of Central Bank Digital Currency Will Not Lead to Creation of Unified Global Money

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The former head of the Chinese central bank has highlighted the challenges faced by efforts to achieve cross-border usage of central bank...
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Finance

Shanghai STAR Market Board Sees Barring of Real Estate and Financial Companies, Restrictions on Listing of Fintech Concerns

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China's securities regulator has made major amendments to its guidelines for the listing of companies on the NASDAQ-style STAR Market Board of...
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Fintech

Tencent Launches 4th Generation Big Data Platform

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Chinese Internet giant Tencent has just unveiled its new independently developed 4th-generation big data platform, amidst a broader drive within China for...
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Fintech

China Launches Digital Renminbi Trials in 11 Cities, Stages Seven Digital Renminbi Lotteries in Year Following Start of Testing

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Pilot schemes for use of the Digital Renminbi have spread to at least ten cities around China a year following the commencement...
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Fintech

Jack Ma Reportedly Being Ousted from Ant Group by Chinese Authorities

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Storied Internet entrepreneur Jack Ma is reportedly being forced by Chinese authorities to make a complete withdrawal from his fintech and payments...
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Fintech

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

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

Ant Group Summoned for Another Round of Discussions with Chinese Authorities, Pan Gongsheng Outlines Key Regulatory Plans

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Beleaguered fintech giant Ant Group has met with Chinese regulators for another round of discussions, just after affiliate company Alibaba was hit...
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Economy

Still No Schedule for Official Launch of Digital Renminbi a Year After Start of Testing: Chinese Central Bank

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A senior official from the Chinese central bank says that there is still no formal timetable for the official launch of the...
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Fintech

JD Technology Expected to Join Ant Group in Adoption of Financial Holding Company Form

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The tech subsidiary of e-commerce giant JD.com reportedly plans to launch a financial holding company amidst a push from Chinese authorities for...
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Economy

Paypal Founder Peter Thiel Worries Bitcoin Could Be Financial Weapon for China Despite Domestic Ban

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One of America's leading tech entrepreneurs believes that China could use the Bitcoin cryptocurrency as a "financial weapon" against the US should...
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Most Read

Chinese Banking Sector Assets up 9.2% YoY at End of First Quarter, NPL Ratio Edges Lower

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The total assets of the Chinese banking sector saw an increase of over 9% at the end of the first quarter of...
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20 Chinese Companies Pursue US Listings in First Quarter of 2021, Funds Raised Surge over 10-Fold Despite Sino-US Tensions

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The first quarter saw a precipitous surge in funds raised by Chinese companies opting to list in the US, despite ongoing tense...
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National Fiscal Revenues in China Rise over 24% in First Quarter

Economy CBNEditor - 0
China's national fiscal revenues surged in the first quarter of 2021, as the economy continues to recover from the initial impacts of...
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Singapore’s DBS Bank Plans to Grab Biggest Stake in Leading Shenzhen Lender

Banking CBNEditor - 0
Singaporean multinational lender DBS Bank has unveiled plans to acquire over a tenth of equity in a major lender in the Shenzhen...
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