Monday, October 26, 2020
Tags Chinese online finance

Tag: Chinese online finance

Suning Finance Teams up with XWBank to Provide Digital Supply Chain Financing to Small Business

The finance vehicle of Chinese retail giant Suning has entered an agreement with a leading digital bank in China to provide digital...

P2P Platform Xiaoniu Online Becomes the Latest in China to Close Shop

Xiaoniu Online (小牛在线) is the latest P2P platform to shut down operations following the launch by Chinese authorities of a heavy-handed crackdown...

Big Data and Online Finance Report Highlights Standardisation, Cooperation and Openness as Key Trends for China

A new report on big data and online finance from one of China's leading fintech research bodies highlights a trio of key...

China’s Peak Online Finance Body Requires Members to Display Annualised Lending Costs

The National Internet Finance Association of China (NIFA) (中国互金协会) has launched a new measure to raise the transparency of the online lending...

China’s Non-bank Online Payment Operations Rise 85.05% YoY in 2018

A new report on the development of China's internet sector highlights surging growth in non-bank payments operations.

Has Online Finance Crackdown Driven Office Vacancies in Beijing to Eight Year High?

Members of the real estate sector say that China's heavy-handed deleveraging campaign in tandem with a crackdown on the online finance sector...

Over One Fifth of Chinese Netizens Use Online Wealth Management Services

A new report on China's online wealth management sector indicates that the number of clients on the market has already exceeded 170...

Baihang Credit Executes Cooperative Agreements with over 700 Chinese Financial Institutions

China's only licensed personal credit agency has just seen its first major change in executive personnel, after enjoying rapid growth in the...

Online Financial Institutions Integrated into China’s Credit System

The Chinese central bank is pressing ahead with efforts to incorporate online financial institutions in the country's broader credit system.

China’s Peak Online Finance Body Establishes Fintech R&D Committee

The peak body for online finance in China has unveiled a new initiative to drive domestic fintech research and development undertakings.

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Fintech Giant Lufax Pursues USD$2.36 Billion Stateside IPO

Chinese fintech giant Lufax has revealed more details on its plans to pursue an initial public offering (IPO) in the US despite...

China to Increase Qualified Domestic Institutional Investor Quota by around USD$10 Billion

China's forex administration has announced a further increase to the foreign investment quota for qualified domestic institutional investors (QDII).

Zhou Xiaochuan Weighs in on Internationalisation of the Renminbi at 2020 Financial Street Forum

Zhou Xiaochuan, the former head of the Chinese central bank, has voiced his opinions on the near-term prospects for the internationalisation of...

PBOC Launches Fintech Research Centre, Calls for “Comprehensive Increase” in China’s Fintech Competitiveness and Influence

A senior official from the People's Bank of China (PBOC) has called for the country to further drive efforts for the development...