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Fintech

Vjinke.com Has Most Overdue Projects at a 31.25% Rate, Says Chinese Web Finance Goup

Vjinke.com Has Most Overdue Projects at a 31.25% Rate, Says Chinese Web Finance Goup

One-hundred and one members of the National Internet Finance Association of China (NIFA) have disclosed their key operation indicators, among…

Oct 24, 2017
Tang Shihua
China UnionPay, Mashreq Bank Ink Deal to Facilitate Online Payment Services in UAE

China UnionPay, Mashreq Bank Ink Deal to Facilitate Online Payment Services in UAE

UnionPay International Co., a subsidiary of Chinese bankcard operator China UnionPay Co., has signed an agreement with Mashreq Bank psc…

Oct 24, 2017
Zhang Xia
China Sees Wave of Fintech Firms Listing Overseas Amid Tougher Domestic IPO Regulations

China Sees Wave of Fintech Firms Listing Overseas Amid Tougher Domestic IPO Regulations

A wave of Chinese fintech firms have confirmed plans to go public during the second half of the year, including…

Oct 24, 2017
Yin Yi
Chinese Financial Data Search Platform Rong360.com Submits Prospectus for USD200 Million IPO in US

Chinese Financial Data Search Platform Rong360.com Submits Prospectus for USD200 Million IPO in US

Loss-making financial data search platform Rong360.com Inc. plans to raise up to USD200 million by going public in the US, the company said in its initial public offering prospectus.

Oct 23, 2017
Dou Shicong
China's National Internet Finance Association Sets Up Committee for Online Equity Financing

China's National Internet Finance Association Sets Up Committee for Online Equity Financing

China's National Internet Finance Association (NIFA) has established a committee for internet equity financing, which is responsible for developing self-disciplinary…

Oct 20, 2017
Du Chuan
Baidu Finance Unit Takes Over Insurance Broker in Heilongjiang

Baidu Finance Unit Takes Over Insurance Broker in Heilongjiang

A financial platform run by Chinese Internet giant Baidu Inc. [NASDAQ:BIDU] has bought out an insurance broker based in Northern…

Oct 20, 2017
Dou Shicong
UnionPay Expands Online Payment Services to Attract More Online Spenders

UnionPay Expands Online Payment Services to Attract More Online Spenders

UnionPay Expands Online Payment Services to Attract More Online Spenders.

Oct 19, 2017
Zhang Xia
Qudian’s New York IPO Raises USD900 Million, Largest for US-Listed Chinese Firm This Year

Qudian’s New York IPO Raises USD900 Million, Largest for US-Listed Chinese Firm This Year

Fintech company Qudian Inc. [NYSE:QD], the largest Chinese company to list in the US this year, went public on the New…

Oct 19, 2017
Liao Shumin
JD Finance Sets Up Second Micro Loan Firm in Chongqing to Lend to SMEs

JD Finance Sets Up Second Micro Loan Firm in Chongqing to Lend to SMEs

Beijing Jingdong Finance Technology Holding Co., an internet investment and financing platform operated by Chinese e-commerce giant JD.Com Inc. [NASDAQ:JD],…

Oct 18, 2017
Zhang Xia
Easysight Registers New Blockchain Unit in Khorgas, Xinjiang With USD120 Million

Easysight Registers New Blockchain Unit in Khorgas, Xinjiang With USD120 Million

Sichuan-based Easysight Supply Chain Management Co. [SHA:600093] has finished commercial and industrial registration for its new blockchain division, to be…

Oct 18, 2017
Dou Shicong
China’s Regulators Bring In New Rules for P2P Lending, 44 Items Added to Mandatory Disclosure

China’s Regulators Bring In New Rules for P2P Lending, 44 Items Added to Mandatory Disclosure

The National Internet Finance Association of China (NIFAC) has published two amendments to collective standards on information disclosure for internet…

Oct 18, 2017
Tang Shihua
AI Investment Advisors Won’t Replace Real People, Standard Chartered Executive Says

AI Investment Advisors Won’t Replace Real People, Standard Chartered Executive Says

Artificial intelligence and Big Data are merely technical assistants to investment advisors, and will not completely replace advisors, David Leung,…

Oct 17, 2017
Yin Yi

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