Topics
Fintech/Internet Finance
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
Top Banking Watchdog Warns of China’s Growing Financial Risks
Guo Shuqing highlights rising nonperforming loans, derivatives speculation and fintech Ponzi schemes
Newly Merged Internet Giant GoTo Appoints Veteran Finance Chief Ahead of Planned IPO
Jacky Lo has spearheaded New York listings for fintech firm OneConnect and Yum China
PBOC Considers First Applications for New Financial Holding Company License
Citic Group subsidiary and Everbright apply to become financial holding companies under the tightened central bank rules introduced in September
Huawei Makes HarmonyOS Open Source to Boost It as Android Alternative
Open-source strategy for HarmonyOS — launched in 2019 as a countermeasure to U.S. sanctions — aims to woo competing domestic software and hardware makers who had feared relying on a system entirely controlled by Huawei
Lawmaker Suggests Giving Free HPV Vaccine to Girls in Junior High, CPC Has New Personnel Management Rules, and Nike, H&M Come Under Fire
On Chinese social media, the new three-child policy continues to stir discussion, while a suggestion to offer HPV vaccines to girls in junior high raises eyebrows
Exclusive: Tencent Venture Wins License to Offer Reinsurance in Hong Kong
FuSure, which is 85% controlled by the internet giant, will be able to offer 17 types of reinsurance products in the financial hub
Meituan Makes Changes to Allay Anti-Trust Concerns as Sales Beat Estimates
The Chinese food delivery giant is changing practices that triggered an anti-trust probe, its CEO said, as it reported better-than-expected revenue for first quarter
In Depth: How Young Money Is Changing Hong Kong’s Art Market
Millennial Asian collectors and their tastes are on the move
Swiss Re Sells Entire Stake in New China Life for $257.5 Million
World’s second-largest reinsurance company divests stake after reporting losses of $878 million last year
JD Logistics Gains on Debut After $3.2 Billion Hong Kong IPO
Shares of the delivery arm of Chinese e-commerce giant JD.com rise 14% on its first day of trading
China’s Banking Regulator Adds Limits on Wealth Management Marketing
Final rules taking effect June 27 will also apply to wealth management units of commercial banks and foreign-owned operations
The 10 Domestic Stories Chinese Readers Can't Stop Following – May 27
Deceased plant scientist Yuan Longping stays at No. 1; Xiongan gets designated a pilot area for marriage reform; and Nanjing will no longer allow big houses to be built
Xiaomi Grabs More Market Share From Huawei on Surging Smartphone Sales
Electronics-maker’s global shipments were up 69%, helping to take its first quarter revenue to $12 billion
Exclusive: Tencent Ordered to Set Up Financial Holding Company
Owner of WeChat Pay follows in footsteps of rival Ant Group with state-mandated corporate shake up to comply with new rules for financial firms
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