Fintech/Internet Finance

China Fintech/Internet Finance News - Caixin Global

From peer-to-peer (P2P) lending to third-party payment, from blockchain to data-mining, the intersection of finance and technology is drawing in new investments as well as more regulatory oversight in China.

China’s Prolonged War Against Internet Financial Risks

Regulators outline new campaign involving special inspections, new regulations targeting P2P and microlenders to clean up irregularities

10 16, 2021 09:40 AM

Weekend Long Read: PBOC Chief Yi Gang on How China Regulates Big Tech

The central bank governor explains the country’s policy moves for overseeing fintech, monopolies and data protection

10 15, 2021 22:16 PM

Tech Insider: Sogou Founder Splits, SAIC Turns Sod on Hydrogen Truck Plant

TSMC announces new chip plant, Midea launches IoT on Huawei platform

10 13, 2021 20:48 PM

Talk of Incentives Doesn’t Entice Investors to Bid on Anbang Assets

An auction for the fallen insurer’s core holdings is stymied again after failing to attract even a single bidder

10 12, 2021 20:56 PM

Coca-Cola Plans to Stay Nimble to Take on Hip Local Brands

Head of global beverage giant's bottling partner says it plans to invest more than $854 million in factory infrastructure

10 11, 2021 21:40 PM

ByteDance Pushes Into Property With New Real Estate Broker’s License

TikTok owner’s latest diversification moves build on its two-year-old acquisition of Xingfuli, an app that helps users find properties for sale or rent

10 11, 2021 21:14 PM

Several Private Banks Hit With Record Fines for Playing Fast and Loose With Loans

Penalties show how regulators are turning their attention to the segment of the industry that helped fuel China’s fintech bubble

10 09, 2021 03:44 AM

China Fines Meituan $533 Million to End Antitrust Probe

Stock gains after end of months-long probe into anti-competitive practices

10 08, 2021 20:55 PM

Takeout Giant Meituan Fined $533 Million for Anti-Competitive Behavior

Market regulator orders the platform operator to return merchant deposits taken under exclusivity agreements that were declared illegal

10 08, 2021 09:20 AM

Fred Hu: Is It Still a Good Idea to Invest in China After the Regulatory Storm?

The country’s fundamental and structural growth will not change due to drastic short-term policy adjustments

10 08, 2021 05:09 AM

China’s Central Bank Governor Vows to Continue Fintech Overhaul

Yi promises ongoing crackdown on anti-competitive behavior among internet platform companies

10 07, 2021 15:39 PM

CX Daily: U.S. Wants New Trade Talks With China, But Won’t Rule Out More Tariffs

The Biden administration will seek a new round of trade talks with China. WeChat Pay ties up with UnionPay’s Cloud QuickPass

10 01, 2021 20:04 PM

In Depth: China’s Booming Medical Beauty Industry Braces for State Makeover

New policy guideline signals regulator’s intent to tighten oversight of a sector riddled with malpractice

09 29, 2021 08:43 AM

CX Daily: How Evergrande’s Founder Played The Capital Markets

China-related SPAC projects express interest in raising funds in Singapore. A former banking regulator is accused of taking bribes

09 28, 2021 21:13 PM

Tech Giants Talk Up Their Contributions to China’s ‘Common Prosperity’

Tencent and Qualcomm executives among speakers citing improved digital infrastructure and increased financial literacy as projects that give back to society

09 23, 2021 20:06 PM

Ling Huawei: China Wakes Up to Need for Antitrust Regulation

The essence of a modern market economy is fair competition to protect consumer rights and the long-term interests of society

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