Monday, January 18, 2021
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Finance

Ping An’s Trio of Co-CEO’s Have Average Age of 47 as It Seeks to Drive Fintech Adoption

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Ping An Insurance has just appointed a new co-CEO whose comparatively youthful age has drawn attention within the Chinese fintech sector.
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Fintech

Ping An’s Virtual Bank Commences Operation in Hong Kong

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Another virtual bank has officially kicked off operation in Hong Kong following the issuance of licenses by the local monetary authority in...
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Fintech

Ping An’s Consumer Finance Vehicle Grabs Approval to Commence Operations

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Financial conglomerate Ping An Insurance has just obtained approval from regulators for its consumer finance vehicle to commence operations.
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Banking

Ping An Technology Denies Reports of Mass Retrenchments

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The technology wing of Ping An Group has denied online reports of mass staff retrenchments.
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Fintech

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

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

Ping An Group Enters Strategic Fintech Partnership with Internet of Things Firm

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One of China's leading financial conglomerates has entered a strategic partnership with a Shenzhen-listed Internet of Things (IoT) firm for collaboration in...
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Banking

Ping An Bank Launches “AI Banker” System

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Ping An Bank is applying artificial intelligence technology to its credit card, private banking and retail operations as part of its "AI...
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Banking

Ping An Applies Automated Blockchain-driven Smart Contracts to All Operations

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Chinese conglomerate Ping An Insurance is applying blockchain-driven smart contracts across the full range of its operations.
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Finance

Hong Kong Turns to Ping An Group for Blockchain-driven Trade Finance Platform

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The Hong Kong Monetary Authority plans to launch a blockchain-based trade finance platform using technology that has already been deployed in mainland China. The initiative...
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Most Read

Chinese Central Bank Hails Eradication of P2P Lending, “Orderly Disposal” of High-risk Financial Institutions

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The People's Bank of China (PBOC) has highlighted the removal of all of the country's P2P lending platforms in 2020 as part...
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NDRC Flags Active Fiscal Policy, Increased Spending on New Infrastructure in 2021

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China's chief planning authority has outlined a raft of its policy intentions for 2021, as the national economy continues to recover from...
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China’s GDP Breaches 100 Trillion Yuan Threshold after Posting 2.3% Growth in 2020, Disposable Income up 4.7%

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Official data points to growth of over 2% in Chinese GDP in 2020 despite the adverse economic impacts of the COVID-19 pandemic....
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China Bans Banks from Selling Depository Products via Third Party Online Platforms

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Beijing has issued a new directive which further steps up pressure on the sale of depository products via online fintech platforms, after...
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