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

03 30, 2023 19:18 PM

Alibaba Weighs Ceding Control of Some Businesses After Major Overhaul

China’s online commerce leader unveiled plans earlier this week to split its $250 billion empire six ways

03 30, 2023 15:25 PM

Hong Kong Fund Aims to Bet $100 Million on City’s Crypto Push

ProDigital Future Fund has secured at least $30 million and will target early-stage ventures, particularly tech companies with ties to China transitioning into Web3

03 27, 2023 21:21 PM

Editorial: Lessons From the Collapse of Silicon Valley Bank

By taking every crisis suffered by others seriously, we can minimize our own crises

03 22, 2023 19:39 PM

Qutoutiao Becomes Yesterday’s News With Nasdaq Delisting

The former high-flying news aggregator app said it won’t appeal its imminent eviction from the stock exchange for failing to meet several listing requirements

03 17, 2023 04:50 AM

China Strengthens Communist Party Oversight of Financial Sector

Latest regulatory overhaul includes creation of two powerful party commissions as China wrestles with managing risks in massive sector

03 15, 2023 12:35 PM

In Depth: Solving China’s Soaring Youth Unemployment

Spurring confidence in the private sector is key and a failure to do so may dampen the economic prospects of society as a whole, experts say

03 14, 2023 20:23 PM

Tech Insider: TikTok on Thin Ice, Premier Reassures Private Sector

China seeks a balance with its new national data bureau, ‘Big Fund’ gets new head after scandals

03 14, 2023 07:38 AM

In Depth: The Role of China’s Newly Created National Data Bureau

New arm of the NDRC is expected to balance supervision of data with encouragement of the digital economy, accounting for 17% of GDP

03 13, 2023 06:14 AM

Cover Story: China’s Financial Industry Regulators to Get Reshuffle of Responsibilities

A new oversight authority, the National Financial Regulatory Administration, is approved at the annual meeting of the national congress.

03 10, 2023 15:03 PM

Shanghai Composite Index Fell 1.4% on Friday

Shenzhen Component Index closed down 1.19%

03 10, 2023 09:18 AM

CX Daily: Uncertainty Undermines Prospects of China’s Homegrown Covid Antivirals

China vows to get tough on online crimes behind cyberbullying. Officials face steep pay cuts under the country’s financial regulatory overhaul

03 09, 2023 05:12 AM

WeChat Steps Up E-Commerce Push on Short Video Platform

Tencent’s super app sees new profits in Channels’ 813 million users as it races against a similar drive by ByteDance’s Douyin

03 08, 2023 17:55 PM

Wang Tao: Takeaways From China’s Government Work Report

UBS has upgraded its GDP growth forecast for the country to 5.4% for 2023 and 5.2% for 2024

03 06, 2023 19:50 PM

Business Leaders Push Tech Agenda at China’s ‘Two Sessions’

Captains of industry such as Xiaomi CEO Lei Jun put forward suggestions on topics including vehicle data security, aviation biofuel and incentives for rural people to buy new-energy vehicles

03 06, 2023 18:24 PM

Editorial: To Boost Confidence, Actions Speak Louder Than Words

Strong implementation of reform policies is pivotal to restoring the private sector’s confidence and stabilizing its expectations

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