Ant Group, Tencent, Huawei and JD.com have revealed that they were involved in the development and testing of the digital yuan.
April 29, 2021The financial holding company will be separate from JD Digits’ other technology businesses, and is aimed at achieving compliance with new rules for China’s fintech sector.
April 13, 2021New rules require banks to contribute no more than 70 percent of the capital when providing loans through an online lending platform.
February 23, 2021Ant Group affiliate Alibaba and Tencent have so far been resistant to sharing their loan data with credit databases such as Baihang.
January 15, 2021The credit bureau engaged in personal credit business without approval and failed to report senior management changes in a timely manner.
January 6, 2021Smaller regional lenders have circumvented the geographical limits of their licences by offering deposit products on online platforms operated by Ant Group and Tencent, among others.
December 23, 2020The agency will be jointly owned by the Beijing government, JD.com, Xiaomi and facial recognition start-up Megvii Technology.
December 15, 2020The new rules issued by China's SAMR prohibit a range of monopolistic practices and are expected to impact internet giants Alibaba, JD.com, Tencent, and Meituan, among others.
November 12, 2020Subject to certain requirements, Greater China issuers primary listed on the Nasdaq, NYSE or the LSE's premium listing segment will be allowed to secondary list in Hong Kong.
November 2, 2020The two entities will identify, explore and build fintechs that supports the DCEP on JD.com’s existing e-commerce platforms and services.
September 25, 2020