Sunday, April 11, 2021
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Ant Group IPO Cancellation No Surprise Given China’s Long-standing Plans to Tighten Fintech Regulation: Ping An Chief

The CEO of Chinese insurance giant Ping An Insurance (Group). Co. said that the shelving of Ant Group's mammoth IPO in November...

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

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

Ping An’s Virtual Bank Commences Operation in Hong Kong

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

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

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

Ping An Technology Denies Reports of Mass Retrenchments

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

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 Group Enters Strategic Fintech Partnership with Internet of Things Firm

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

Ping An Bank Launches “AI Banker” System

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

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

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

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

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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Digital Renminbi Makes Its Debut on Renmin University Campus

Ongoing trials of China's Digital Renminbi have brought the central bank digital currency to one of the country's most prestigious tertiary institutions....

China’s Services Exports Surge over 20% since Start of 2021, Imports Plunge by More Than 18%

China has seen a sharp rise in its exports of services since the start of 2021, in tandem with a plunge in...

Liquidity to Come Under Modest Pressure in April Following Funds Contraction of 30 Billion Yuan in March

Liquidity in the Chinese finance system is expected to come under modest pressure in the month of April as a result of...

China Co-chairs G20 Sustainable Finance Study Group with United States

China will play a leading role in efforts by the G20 to develop solutions for the challenges faced by the global sustainable...