Friday, January 22, 2021
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Tag: Suning

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

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...

Suning and Huaxia Bank Team up on Blockchain, Fintech Development

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...

China’s Top 500 Private Enterprises for 2017 Unveiled

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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Users of Everbright’s Cloud-Driven Utilities Payment Platform Exceeded Half a Billion in 2020

China Everbright Bank has seen users of its cloud-based utilities payments service surge in 2020, as the COVID-19 pandemic drove sharp gains...

China Unlikely to See Real Estate Loan Rates Decline in 2021 as LPR Holds Steady for Ninth Month Straight

Domestic analysts say that Chinese banks are unlikely to significantly reduce rates for real estate loans in 2021, as regulators continue to...

Chinese Central Bank Unveils Anti-Trust Measures Permitting Break up of Third-Party Payments Platforms

The People's Bank of China (PBOC) will have the power to recommend the dismantling of third party payments platforms under new measures...

Pinduoduo Owner Applies for Payments Trademark

A major shareholder in NASDAQ-listed agricommerce platform Pinduoduo has applied with Chinese authorities to register a Pinduoduo-related payments trademark.