Saturday, January 16, 2021
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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 Insurance Invests in Online Education Unicorn iTutorGroup to Work on AI Applications

Chinese insurance giant Ping An Insurance has announced plans to expand into the "smart education" sector with an investment in a leading...

Ping An’s Patent Applications Surge 400% in 2018, Fintech Innovations Predominate

Chinese insurance giant Ping An Insurance has reported a surge in the number of patents it applied for 2018, with fintech-related areas...

Ping An Makes Foray into European Fintech with $47M Funding Round

Chinese insurance giant Ping An Insurance Group is making is debut investment in continental Europe with a Berlin-based fintech concern. Ping An's Global Voyager Investment...

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China’s Biggest Bank Opens up to Applications for Digital Renminbi Wallets in Shenzhen

The Industrial and Commercial Bank of China (ICBC) is making digital renminbi wallets available to consumers in the southern tech hub of...

Chinese Central Bank Outlines Efforts to Improve Execution of Monetary Policy

A senior official from the People's Bank of China (PBOC) has published a paper on its official website outlining current plans to...

Foreign Investors Raise Holdings on China’s Interbank Bond Market by over 1 Trillion Yuan in 2020

The latest data from the Chinese central bank points to a sharp rise in investment by foreign institutional investors on China's interbank...

Shenzhen Finance Sector Sees Total Deposits Exceed 10 Trillion Yuan

Financial institutions based in Shenzhen have just seen their deposit levels rise to record-breaking levels.