Tuesday, January 26, 2021
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Tag: OneConnect

OneConnect Posts 48% YoY Revenue Surge in Second Quarter, Losses Exceed 300 Million Yuan

Ping An Group's New York-listed fintech subsidiary OneConnect Financial Tech has just released its performance results for the second quarter of 2020....

Ping An’s OneConnect Financial Technology Launches Blockchain Association in Singapore

The New York-listed fintech vehicle of financial conglomerate Ping An Group vehicle has helped launch a branch association in Singapore.

OneConnect Uses Blockchain to Create Smart Ports in Greater Bay Area

PingAn's fintech subsidiary OneConnect has entered an agreement with Hong Kong-listed China Merchant Port Holdings Company to apply blockchain technology to the...

Ping An Teams up with Japan’s SBI Holdings to Launch Fintech Joint Venture

Chinese financial conglomerate Ping An Insurance (Group) has entered an agreement with Japanese financial services giant SBI Holdings to launch a fintech...

Ping An Fintech Vehicle OneConnect Halves Stateside IPO Target to $500 Million

OneConnect Financial Technology has dramatically reduced the target offering size for its long-anticipated stateside initial public offering (IPO) to around USD$500 million....

Ping An’s Fintech Unit Mulls Foray into Singapore’s Digital Banking Sector

Ping An Insurance (Group) Co.'s fintech subsidiary is considering a foray into Singapore's digital banking sector.

Ping An Fintech Vehicle OneConnect Plans to List in New York by as Soon as September: Domestic Reports

Ping An fintech subsidiary OneConnect (壹账通) plans to list in New York instead of Hong Kong according to sources speaking to Chinese...

China’s Shortfall in Fintech Professionals Far Exceeds 1.5 Million: Ping An’s OneConnect

A senior executive from Ping An Group's fintech vehicle OneConnect (金融壹账通) has highlighted surging demand for qualified fintech professionals in China.

OneConnect Launches Blockchain-based Supply Chain Finance Platform

Ping An's fintech vehicle OneConnect (壹账通) has incorporated a slew of emerging technologies into its "Yiqilian"  (壹企链) smart supply chain finance platform that was...

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Tencent Drops Advertising Veteran Lau Seng Yee from Roster of Top Executives

Chinese tech giant Tencent has removed a veteran advertising executive from the line-up of its senior-most personnel, as online companies in China...

Ant Group and Others Engage in Monopoly Conduct, But “Regulatory Discussions” Will Not Affect Normal Development: CBIRC

The Chinese banking regulator has sought to reassure the broader market that China's business environment for private enterprises will not be adversely...

Chinese Banks See Net Profits Decline 1.8% in 2020

China's banking sector saw a sizeable decline in its net profits for 2020 amidst the adverse economic impacts of the COVID-19 pandemic....

Tencent Expects Cloud Computing to Be Essential Infrastructure for Finance, Domestic Market to Soon Hit 80B Yuan

A senior executive from Chinese tech giant Tencent forecasts that cloud computing will be a key area of development for China's fintech...