Wednesday, January 27, 2021
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Tag: XIaomi

Xiaomi, JD-backed Agency Grabs China’s Second Personal Credit License

The People's Bank of China (PBOC) has just issued China's second ever personal credit ratings license to a joint-venture backed by smartphone...

PBOC on Track to Issue China’s Second Personal Credit Ratings License to JDD, Xiaomi-Invested Company

The Chinese central bank has flagged the issuance of China's second license for personal credit ratings operations to a company partially owned...

Xiaomi Finance Grapples with Online Fraud and Trademark Infringement in China’s Fintech Sector

A long-running dispute between Xiaomi's finance vehicle and a company bearing a similar name in Shandong province may have come to an...

Xiaomi’s Virtual Lender Airstar Bank Kicks off Official Operation in Hong Kong

Virtual lender Airstar Bank announced the official launch of operation on 11 June, as one of seven digital banks licensed to operate...

Xiaomi Invests in Asset Securitisation Fintech Company Backed by JD.Com

Smartphone-maker Xiaomi has just invested in a fintech company based in the Guizhou-province capital of Guiyang.

Xiaomi Grabs Approval for Consumer Finance Company in Chongqing Municipality

Chinese tech giant Xiaomi has obtained approval from China's banking regulator for the establishment of a consumer finance company.

Xiaomi VP Resigns over Breaches of Public Security Law, Detained for Five Days over Obscene Behaviour

Wang Lingming (汪凌鸣), vice-president of Chinese smartphone giant Xiaomi, has resigned from his position over alleged breaches of a key Chinese public...

Xiaomi Scraps Micro-loan Subsidiary as Chinese Microcredit Sector Struggles

Chinese consumer electronics giant Xiaomi has just shut down one of its micro loan subsidiaries as the microcredit sector enters a slump.

Xiaomi Makes Bold Foray into India’s Consumer Finance and B2B Sectors

Chinese smartphone giant Xiaomi has ambitions to expand into India's consumer and B2B loan market with the launch of a new financial institution in...

Smartphone Giant Xiaomi Plans to Open Virtual Bank in Hong Kong

Chinese smartphone giant Xiaomi hopes to expand its presence into the fintech sphere with plans to launch a virtual bank in Hong Kong. According to...

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Chengdu to Issue 50M Yuan in Digital Renminbi via Record-sized Lottery

The Sichuan province capital of Chengdu is the latest Chinese city to stage trials for the issuance of the digital renminbi via...

Automaker Geely Establishes Fintech Investment Vehicle

Privately held automaker Zhejiang Geely Holding Group (浙江吉利控股集团有限公司) is seeking to expand its presence in the fintech sector with the launch of...

China Authorises 530,000 Patents in 2020, Patent Pledge Financing Rises over 43% YoY

The China National Intellectual Property Administration (CNIPA) says it approved 530,000 patents in 2020, bringing the total number of domestic patents in...

Shanghai Pudong Development Bank Opens Fintech Research Facility in Singapore to Focus on Blockchain, AI and API Development

Municipal lender Shanghai Pudong Development Bank (SPD Bank) has become the first joint-stock bank in China to establish an innovation centre...