Friday, October 30, 2020
Tags Chinese online asset management

Tag: Chinese online asset management

Online Asset Management Crackdown Drives Sales Licenses to Over $14mn

China's crack down on illicit operators in the online asset management sector has driven the price of fund sales licenses to as high as...

Beijing Steps up Scrutiny of Online Asset Management, Targets Unlicensed Operators

Chinese regulators are intensifying scrutiny of online asset management amidst a broader crackdown on the near $16 trillion asset management sector. China's Internet Financial Risk Special Rectification Work...

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Anhui Province Undertakes Trial Scheme for SME Emergency Loans to Enteprises Affected by COVID-19 and Flooding

The inland Chinese province of Anhui has announced the start of a trial scheme for the provision of emergency loans to local...

ByteDance Establishes Artificial Intelligence Subsidiary in Fujian Province

ByteDance, the company behind social media giant TikTok, has just established a tech subsidiary in Fujian province whose business scope includes artificial...

Alibaba Unveils Plan for Greater Digitisation of Cross-border Trade

Chinese e-commerce giant Alibaba has unveiled an ambitious new plans to support the use of e-commerce by small businesses.

Lending to Private Enterprise Increases 5.4 Trillion Yuan During Jan – Sep Period: CBIRC

The latest data from the China Banking and Insurance Regulatory Commission (CBIRC) points to a sizeable increase in lending to private enterprises...