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.

In Depth: The Rectification and Remaking of Ant Group

Although the worst-case scenario of a breakup has been avoided, Jack Ma’s fintech behemoth will be forced to undergo a major restructuring

05 18, 2023 20:05 PM

Qualcomm Sees Future in Cars and China as It Looks Beyond Phones, CEO Says

Cristiano Amon is pushing for the U.S. chip giant to diversify beyond the slumping market, with a focus on the automotive and extended reality industries

05 17, 2023 19:27 PM

Tencent Cloud Plans Price Cuts as Battle of Industry Giants Intensifies

Unit will offer discounts of up to 40% in some regions, as well as a free cloud security system for small and midsize businesses

05 16, 2023 17:40 PM

In Depth: Hong Kong Targets Young Talent, Tech Sector in Post-Covid Push

The city has put on a host of industry exhibitions this year, with a focus on tech, and has approved tens of thousands of new talent visas in an effort to revive its status as a global business hub

05 12, 2023 20:03 PM

Tech Insider: CEO Resigns, Tesla Recall

China’s AI sector is short on chips and talent, autonomous truck startup TuSimple faces Nasdaq delisting

05 12, 2023 03:28 AM CEO Xu Lei to Resign After One Year in Top Job

Citing ‘a change in the way of living,’ outgoing chief will be advisory board chairman as he hands the reins over to CFO Xu Ran

05 11, 2023 21:04 PM

In Depth: Grim Year for China’s Bankers, Brokers as Pay Slashed

Average compensation at many securities firms fell roughly 20%, with remuneration squeezed for top executives at many banks, Caixin’s analysis shows

05 09, 2023 20:28 PM

Tech Insider: China’s Tech Elite Lead AI Startup Frenzy, Baidu to Launch Smartphone

Chinese EV-makers BYD and Hozon eye Southeast Asia, AI specialist Iflytek unveils ChatGPT challenger

05 03, 2023 03:13 AM

Top Chinese Digital Banks Report More Bad Loans but Higher Earnings

Ant-backed MYbank and Tencent-backed WeBank disclose higher nonperforming loan ratios amid the pandemic yet liquidity metrics remain healthy

04 24, 2023 07:40 AM

Cover Story: Hubris and Heartache: Behind the Tragedy of Beijing’s Deadly Hospital Fire

The blaze killed 29 people, mostly seniors, with a probe into the hospital’s fire safety protocols holding implications for the broader industry

04 14, 2023 19:20 PM

Tech Insider: Alibaba Joins ChatGPT Fray, Didi Unveils Driverless Concept Car

Faraday delays delivery of its first model yet again, lidar-maker Hesai sued for patent infringement

04 14, 2023 17:02 PM

Opinion: A Global Transformation That Works for Everyone

The weaknesses exposed in global supply chains by the war in Ukraine and the pandemic should be treated as an opportunity to reimagine globalization

04 14, 2023 03:04 AM

SoftBank Prepares to Cash In on Long-Held Alibaba Stake

Investor in startups offloaded $7.3 billion of Alibaba shares this year, filings indicate, as stake may fall to 4% from 13.7% at year-end

04 11, 2023 20:41 PM

Tech Insider: China Plans Tighter Oversight of ChatGPT-Like Services, Geely Unit’s Flying EVs Closer to Takeoff

Lenovo still top in global PCs despite shipment drop, Huawei upset about Nokia’s sale of stake in tech JV

04 11, 2023 19:58 PM

Financial Industry Group Warns of Risks to Using Chatbots

Payment and Clearing Association of China says ‘these intelligent tools have manifested risks including cross-border data leaks’

04 11, 2023 09:05 AM

CX Daily: Chinese Internet Giants, AI Startups Rush to Jump on ChatGPT Bandwagon

China gets a record container ship order from a French giant. Plus, the country doubles down on rooting out corruption in sports

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