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Fintech
Fintech Giant Lufax Pursues USD$2.36 Billion Stateside IPO
CBNEditor
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October 23, 2020
0
Chinese fintech giant Lufax has revealed more details on its plans to pursue an initial public offering (IPO) in the US despite...
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Economy
China to Increase Qualified Domestic Institutional Investor Quota by around USD$10 Billion
CBNEditor
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October 23, 2020
0
China's forex administration has announced a further increase to the foreign investment quota for qualified domestic institutional investors (QDII).
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Economy
Zhou Xiaochuan Weighs in on Internationalisation of the Renminbi at 2020 Financial Street Forum
CBNEditor
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October 23, 2020
0
Zhou Xiaochuan, the former head of the Chinese central bank, has voiced his opinions on the near-term prospects for the internationalisation of...
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Fintech
PBOC Launches Fintech Research Centre, Calls for “Comprehensive Increase” in China’s Fintech Competitiveness and Influence
CBNEditor
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October 23, 2020
0
A senior official from the People's Bank of China (PBOC) has called for the country to further drive efforts for the development...
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Fintech
China’s P2P Platforms Drop from 5000 to Less Than 6
CBNEditor
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October 22, 2020
0
Chinese P2P lending has been all-but squeezed out of existence by regulators in response to widespread issues with fraud in the once-flourishing...
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Fintech
CSRC Says Blockchain Used in Regtech Pilot Schemes for China’s Regional Equity Markets
CBNEditor
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October 22, 2020
0
A senior official from the China Securities Regulatory Commission (CSRC) has highlighted the application of blockchain technology to regulatory trials in the...
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