Posts Tagged ‘online finance’

Skytech, Ant Financial Sign Cooperation Framework Agreement

Chinese software, integrated system, and technical services provider Skytech announced that the group has signed a cooperation framework agreement with …


China’s Bitcoin Trading Value Soars In May 2017

In May 2017, the Bitcoin trading value in China reached CNY21.708 billion, four times that of April 2017. And the …


Chinese Search Engine Baidu Gains Online Banking License

Not only will China’s biggest search engine have access to netizens’ online search habits, it will soon also hold dominion …


China’s Huawei Joins Hyperledger Blockchain Project

Huawei conferenceLinux Foundation-led Hyperledger blockchain project announced the addition of ten new members, including Chinese telecom device maker Huawei. Other new …


Is P2P Lending Out Of Control In China?

Internet financeThe China Banking Regulatory Commission appears ready to issue new guidelines that will cap P2P lending and curtail some of …


Ant Financial Aims To Become Giant With USD3.1 Billion Infusion

antAnt Financial, the Internet financial affiliate of Alibaba Group, plans to raise CNY20 billion, which is about USD3.1 billion, in …


Who Are Apple Pay’s Partners In China?

Apple PayToday marks the beginning of Apple Pay’s entry into China, a country that Steve Jobs never visited as company chief …


Most Chinese Still Don’t Use Mobiles For Online Financial Info

Internet financeFintech companies hoping to capture share in China’s booming mobile market still need to focus on traditional computing. About 80% …


Chinese Internet Loan Platform Eyes IPO In U.S.

Chinese P2P loan company China Rapid Finance plans to launch an initial public offering in America in the first half of 2016, and the company aims to raise up to USD200 million. According to reports in foreign media, Morgan Stanley, Citibank, and Jefferies are handling the deal and China Rapid Finance may choose to be […]


Ant Financial Makes South Korean Internet Bank Deposit

Ant Financial Services Group, a small and micro financial services company under Alibaba Group, announced that they will cooperate with many companies, including Korea Telecom, to set up an Internet bank named K Bank in South Korea. The construction preparation of this bank was approved by the South Korean government. On the completion of the […]