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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

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05 18, 2022 10:48 AM

CX Daily: PBOC Isn’t Done With Fintech As Ethics Governance Regulations Loom

China detects the new omicron subvariant considered to be more infectious. Shanghai says it has achieved the goal of no community sprea

05 17, 2022 20:03 PM

JP Morgan Upgrades Chinese Tech Outlook on Soothing Signals from Beijing

Upgrades from U.S. investment bank come as China seeks to reassure sector weary from months of regulatory chaos

05 17, 2022 19:14 PM

In Depth: PBOC Isn’t Done With Fintech as Ethics Governance Regulations Loom

New system, which was flagged in January, aims to ensure companies don’t abuse their technology advantages to get ahead

05 14, 2022 06:21 AM

Hong Kong Police Smash Money Laundering Ring That Used Virtual Banks

Cops say 17 people they arrested laundered $12.4 million of illegal proceeds by enticing individuals to open and hand over access to accounts at virtual banks

05 10, 2022 22:04 PM

In Depth: Coal, Once a Boon, Turns Chinese Rustbelt City Into a Bust

As the golden years of mining fade, the resource-depleted city of Hegang is struggling to survive

05 09, 2022 19:37 PM

China’s Livestream Platforms Ordered to Stop Minors Tipping

Authorities order companies to set up special teams to ensure under 18s aren’t skirting the rules

05 09, 2022 18:27 PM

Editorial: Rule of Law Is Fundamental to Regulating and Guiding Capital Development

The key to maintaining the healthy development of capital is to stabilize expectations. The key to stabilizing expectations is upholding the rule of law

05 07, 2022 18:32 PM

China Skincare Leader Giant Biogene Files For Hong Kong IPO

Largest domestic supplier of collagen-based skincare products joins growing list of Chinese companies looking to HKEX over the U.S. to access global capital

05 06, 2022 20:03 PM

Tech Insider: Hikvision Dives on Sanction Fears, Nio Gets Listing Nod

CATL poaches Huawei veteran, Arm spat continues

05 06, 2022 09:26 AM

CX Daily: How the War in Ukraine Is Rattling China’s Energy Transition

China’s services sector slumps further, Caixin data shows. The country’s box office, train ticket and real estate sales plunge over May Day holiday

05 05, 2022 20:57 PM

Regional Bank Under Corruption Probe Faces More Trouble After Online Savings Accounts Frozen

Regulators renew focus on cross-regional banking risks at some lenders controlled by the Henan-based bank after customers outside the province complained they couldn’t withdraw their money

05 05, 2022 05:41 AM

China’s Central Bank Vows Normalized Supervision of Tech Sector

The People’s Bank of China backs up Politburo signal last week that a year-long crackdown on the industry is drawing to a close

04 30, 2022 03:41 AM

Caixin Explains: The Politburo’s Strong Pro-Growth Signal

China’s top policymakers issue a sweeping set of pledges to spur the economy out of its Covid doldrums while retaining virus control as top priority

04 29, 2022 19:37 PM

China’s Politburo Ignites Market Rally With Vows on Growth

However, renewed commitment to ‘zero Covid’ has raised doubts about the government’s ability to achieve objectives

04 26, 2022 05:44 AM

ByteDance Hires Skadden Lawyer as CFO While IPO Remains in Limbo

Julie Gao, who led law firm’s China practice, worked with TikTok owner on earlier acquisitions and fills a post that’s largely been vacant

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