Wednesday, October 21, 2020
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Banking

Alibaba and Suning Grab Stakes in Huatai Securities Amidst Fintech Push by China’s Brokerages

CBNEditor - 0
Online titan Alibaba and retail giant Suning have emerged as key strategic investors in Huatai Securities, as China's brokerages increasingly turn to fintech to...
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Banking

Suning and Huaxia Bank Team up on Blockchain, Fintech Development

CBNEditor - 0
One of China's biggest retail  conglomerates plans to cooperate with a leading joint-stock bank on blockchain and fintech development. China Economic Net reports that Zhang...
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Economy

China’s Top 500 Private Enterprises for 2017 Unveiled

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Huawei Investment has topped the most recent list of China's top 500 private enterprises. The "2017 China Private Enterprise Top 500" (2017中国民营企业500强) was unveiled by...
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Most Read

Chinese GDP Growth Rises to 0.7% in Third Quarter

Economy CBNEditor - 0
China's GDP growth for the first three quarters of 2020 has entered positive territory despite the initial economic impacts of the COVID-19...
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Huang Jianhui Calls for Creation of “Aircraft Carrier Fleet” of Chinese Banks and Enterprises for Expansion into Overseas markets

Banking CBNEditor - 0
A leading Chinese economist has called for the country's banks and enterprises to join together in a concerted effort to expand their...
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Loan Prime Rate Remains Unchanged for Sixth Consecutive Month in October

Economy CBNEditor - 0
Chi­na’s loan prime rate (LPR) for October has re­mained un­changed for the sixth consecutive month.  The...
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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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