Tuesday, October 20, 2020
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Tag: Softbank Vision Fund

Fintech

Online Insurer ZhongAn Teams up with Japan’s SoftBank for Overseas Expansion

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Chinese online insurer ZhongAn Online P&C Insurance C., Ltd. has announced the execution of shareholder agreement between subsidiary ZhongAn International and Japan's SoftBank Vision...
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Shenzhen Lottery Winners Use Digital Renminbi to Pump Fuel, Pay for Meals

Fintech CBNEditor - 0
The winners of a recent digital renminbi lottery held in the southern tech hub of Shenzhen have used some of their proceeds...
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Chinese Central Bank Digital Currency Seen Driving Cross-border Payments, Renminbi Internationalisation

Economy CBNEditor - 0
Chinese experts see the central bank digital currency (CBDC) as a vital means of facilitating cross-border transactions and expediting the internationalisation of...
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Regulators Driving Remote Account Opening – What Banks Need to Know

Fintech CBNEditor - 0
By Stanley Yu, Director, Hong Kong, Fenergo COVID-19 has radically transformed the financial services industry across APAC. With forced...
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Chinese Commercial Banks Could Soon Determine Interest Rates Independently

Banking CBNEditor - 0
Proposed changes to China's commercial banking law will allow lenders to independently determine the rates for deposits and loans.
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