Friday, January 29, 2021
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Tag: Sina

Sina Converts P2P Platform into Micro-loan Subsidiary Despite Tightening of Online Lending Regulations

NASDAQ-listed Chinese internet giant Sina Corp has grabbed a license for the launch of its own micro-loan subsidiary despite a crackdown on...

Internet Giant Sina Invests USD$30M in Shanghai Fintech Company Shuhe Technology

Chinese internet giant Sina has made a $30 million Series B round investment in Shanghai fintech company Shuhe Technology.

People’s Daily Unveils List of China’s Economic Figures of the Year for 2017

The latest list of China's 2017 Economic Figures of the Year was unveiled at a grand ceremony held in Beijing on 28 January. The list...

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Ant Group Submits Blueprint for Conversion into Financial Holding Company to Chinese Authorities

Jack Ma's beleaguered Ant Group plans to deal the concerns of Chinese regulators about its business operations by converting itself into a...

China Construction Bank Issues over $3 Billion in Small Business Loan Bonds

One of China's big state-owned banks plans to step up financial inclusion lending with the proceeds of its latest bond issue.

Banks Behind over 90% of China’s 80 Fintech Sandbox Projects

Banking sector financial institutions have emerged as the main force behind projects included in the fintech regulatory "sandboxes" launched by multiple cities...

Chinese Central Bank’s Credit Reference Center Amasses Data on over 1.1 Billion People

The Credit Reference Center (CRC) of the People's Bank of China (PBOC) says it has amassed credit information on more than one...