Thursday, October 29, 2020
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Tag: OKCoin

Bitcoin Wealth Management Platforms Tout 40% Returns Despite Beijing’s Virtual Currency Crackdown

Bitcoin wealth management platforms in China continue to promise annualised returns of up to 40% to investors, despite Beijing's decision to ban a slew...

China’s Top Three Bitcoin Platforms All Suspend Virtual Currency Operations

All of China's three leading Bitcoin exchanges have announced the suspension of virtual currency operations, while the authorities are preventing their senior executives from...

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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...