Monday, October 26, 2020
Tags Ernst & Young

Tag: Ernst & Young

China and India Lead the World in Fintech Adoption: Ernst & Young Report

A new report from Ernst & Young (EY) indicates that China and India are the world leaders in terms of fintech adoption....

Chinese Banks Could Reap USD$63.4b from Fintech by 2020: EY

Chinese banks could reap an additional USD$63.4 billion in revenue by the end of the decade should they use Fintech to shore up financial...

Chinese Consumers Lead the World in Fintech Adoption: Ernst & Young

A new survey from Ernst & Young indicates that Chinese consumers are world leaders in the usage and adoption of the latest Fintech innovations. The...

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China’s Elderly Population Will Exceed 300 Million During 14th Five Year Plan

Data from the Ministry of Civil Affairs (MCA) indicates that China's population of elderly people is on track to approach a third...

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...