Monday, January 18, 2021
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Tag: Ping An Group

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

The People's Bank of China (PBOC) has highlighted the removal of all of the country's P2P lending platforms in 2020 as part...

NDRC Flags Active Fiscal Policy, Increased Spending on New Infrastructure in 2021

China's chief planning authority has outlined a raft of its policy intentions for 2021, as the national economy continues to recover from...

China’s GDP Breaches 100 Trillion Yuan Threshold after Posting 2.3% Growth in 2020, Disposable Income up 4.7%

Official data points to growth of over 2% in Chinese GDP in 2020 despite the adverse economic impacts of the COVID-19 pandemic....

China Bans Banks from Selling Depository Products via Third Party Online Platforms

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