WeBank will use the new unit to provide tech services to Belt and Road Initiative countries and regions

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

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

Alipay customers can use central bank’s experimental digital currency to pay for food delivery, groceries and online purchases

Danke Apartment ran out of cash offering below-cost leases as the pandemic cooled the market and its CEO was detained

Tenants get exemption on interest at least through 2023 amid ongoing financial crisis at apartment rental platform

Staff plan arbitration action against online renter Danke Apartment over unpaid wages

Chinese apartment rental platform needs $457 million to continue operating in a troubled sector that faces new problems post-pandemic

Small and midsize enterprises could become a powerful economic engine if funded properly. New risk assessment methods may finally help solve this problem

Administrators find a big hole in smartphone-maker’s assets as most of its stake in WeBank appears to be owned by two other companies

Online-only lender prepared to let bad loan ratio rise to as high as 2% as it seeks to continue rapid growth, executive says

Online lender WeBank’s push into Australia’s cozy banking market will need local regulator's approval

Regulators have questions about this new investment product that struggling private banks have come to rely on

Most creditors of pioneering smartphone maker back plan for unwinding $2.9 billion of debts, Caixin has learned

China to launch Nasdaq-style board in Shanghai, Tencent-backed WeBank hits $21 billion valuation, Softbank confirms investment in Bytedance and Ele.me

Online lender now one of world’s largest 'unicorns'

First licenses for online-only bank will be issued as soon as year-end; 50 companies express interest