Sunday, November 1, 2020
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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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Anhui Province Undertakes Trial Scheme for SME Emergency Loans to Enteprises Affected by COVID-19 and Flooding

The inland Chinese province of Anhui has announced the start of a trial scheme for the provision of emergency loans to local...

ByteDance Establishes Artificial Intelligence Subsidiary in Fujian Province

ByteDance, the company behind social media giant TikTok, has just established a tech subsidiary in Fujian province whose business scope includes artificial...

Alibaba Unveils Plan for Greater Digitisation of Cross-border Trade

Chinese e-commerce giant Alibaba has unveiled an ambitious new plans to support the use of e-commerce by small businesses.

Lending to Private Enterprise Increases 5.4 Trillion Yuan During Jan – Sep Period: CBIRC

The latest data from the China Banking and Insurance Regulatory Commission (CBIRC) points to a sizeable increase in lending to private enterprises...