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Banking

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

CBNEditor - December 28, 2020 0

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...

Economy

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

CBNEditor - December 6, 2020 0

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

Finance

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

CBNEditor - July 8, 2020 0

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

Fintech

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

CBNEditor - June 11, 2020 0

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

Fintech

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

CBNEditor - May 29, 2020 0

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

Finance

Xiaomi Grabs Approval for Consumer Finance Company in Chongqing Municipality

CBNEditor - January 20, 2020 0

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

Economy

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

CBNEditor - May 25, 2019 0

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...

Banking

Xiaomi Scraps Micro-loan Subsidiary as Chinese Microcredit Sector Struggles

CBNEditor - March 12, 2019 0

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

Fintech

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

CBNEditor - October 22, 2018 0

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...

Fintech

Smartphone Giant Xiaomi Plans to Open Virtual Bank in Hong Kong

CBNEditor - August 21, 2018 0

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

Fintech CBNEditor - January 26, 2021 0

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

Tag: XIaomi

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