The stake-backed home builder’s move follows in the wake of a series of deals by cash-strapped Chinese developers to sell down assets …
FINANCE
China c.bank gives go-ahead to credit-scoring venture backed by Ant, state firms
China’s central bank said on Friday it had accepted the application to set up a personal credit-scoring joint venture backed by Alibaba’s fintech affiliate Ant Group and other firms.
China says it will expand scope of banks’ forex derivatives business
China’s foreign exchange regulator said on Friday it would expand the scope of banks’ foreign exchange derivatives business.
Beijing looks into setting up digital asset exchange to push the e-yuan
China is exploring setting up a virtual asset exchange as the government lays out the next step to complement its pilot of the digital yuan, according to a blue print published on the State Council…
China central bank gives go-ahead to credit-scoring venture backed by Ant, state firms
China’s central bank said on Friday it had accepted the application to set up a personal credit-scoring joint venture backed by Alibaba’s fintech affiliate Ant Group and other firms.Qiantang Credit Ra …
Didi Shares Fall After China Reportedly Requests NYSE Delisting
China’s Cyberspace Administration, which oversees data security, reportedly is worried about sensitive data emissions.
China Green Bulletin: China Pledges $31 Billion of Credit to Back Clean Utilization of Coal
The Caixin ESG biweekly has been upgraded to the China Green Bulletin! And what you receive is the free biweekly version. Sign up here for our twice-a-week email to keep updated with green, energy and…
Didi’s Rough Ride Worsens as China Said to Request Delisting
Didi Global Inc. shares slumped on Friday after Chinese regulators were said to have asked the ride-hailing giant to delist from U.S. exchanges.Most Read from BloombergBillionaire Family Feud Puts a C …
Chinese state media gloats over JP Morgan CEO Jamie Dimon’s groveling apology for saying investment bank will outlast the communist party
The Global Times, a mouthpiece for the state, warned US firms that as they become more reliant on China for their success they need to ‘educate’ themselves on the importance of the Party.
Ant Group applies to China’s central bank to set up personal-credit scoring joint venture with state-backed partners
The personal-credit scoring joint venture, Qiantang Credit, will be 35 per cent owned by a unit of Ant Group Tech firms are hiving off their consumer-credit data units in joint ventures with …
Beijing presses Didi to delist from U.S. over data security fears – sources
HONG KONG/SHANGHAI (Reuters) -Chinese regulators have pressed top executives of ride hailing giant Didi Global Inc to devise a plan to delist from the New York Stock Exchange due to concerns about …
China central bank gives nod to set up credit-scoring JV backed by Ant, state firms
China’s central bank said on Friday it had accepted the application to set up a personal credit-scoring joint venture backed by Alibaba’s fintech affiliate Ant Group and other firms. The new venture, …
China central bank allows set-up of credit scoring venture backed by Ant, state firms
China’s central bank said on Friday it had accepted the application to set up a personal credit-scoring joint venture backed by Alibaba’s fintech affiliate Ant Group and other firms. The new venture …
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