SINGAPORE (Reuters) – A mutual health aid plan launched by Ant Financial Services Group, the dominant fintech player in China, has amassed more than 50 million users and is aiming for 300 million … (…
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China’s Ant Financial amasses 50 million users, mostly low-income, in new health plan
China’s Ant Financial amasses 50 mln users, mostly low-income, in new health plan
SINGAPORE, April 12 (Reuters) – A mutual health aid plan launched by Ant Financial Services Group, the dominant fintech player in China, has amassed more than 50 million users and is aiming for 300 ……
Exclusive: Foreign insurers gear up to tap China’s $1.6 trillion pensions business – sources
HONG KONG (Reuters) – Foreign insurers including Generali and Prudential Plc are in early talks with authorities to enter China’s private pensions sector, people with knowledge of the matter … ( read original story …)
China’s 2019 growth seen slowing to 6.2 percent despite policy support: Reuters poll
BEIJING (Reuters) – China’s economic growth is expected to slow to a near 30-year low of 6.2 percent this year, a Reuters poll showed on Friday, as sluggish demand at home and abroad weigh on…
What Kind Of Shareholder Owns Most Beijing Jingkelong Company Limited (HKG:814) Stock?
Beijing Jingkelong is not a large company by … which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full…
Bank of China issues BRI-related bonds
Pedestrians pass a Bank of China branch in Brussels, Belgium. BOC is China’s fourth largest State-owned lender by assets. [Photo/Xinhua] Bank of China Ltd completed the issuance of Belt and Road … ( read original…
Shanghai Takes on Hong Kong in a Battle for Unicorn IPOs
Sun Car, which pulled its Hong Kong IPO last month, said at the time it was evaluating the latest stock-exchange developments both in China and Hong Kong. The announcement triggered speculation that … ( read…
China courts eastern Europe after key EU summit
“This bridge is a pilot project for both ’16+1 cooperation’ and cooperation between China and EU,” Li said while visiting the bridge’s site on Thursday. About 1,000 businessmen including some 400 … ( read original…
World Bank President David Malpass says there is too much debt in the world
including the U.S. There is too much debt floating around the world and China is a big reason why, World Bank President David Malpass said Thursday. “There are challenges facing the world in terms of…
China’s largest stock image provider shuts website after criticism
SHANGHAI (Reuters) – Visual China Group, China’s largest stock images provider, on Friday shut its website to make changes and apologized after it was criticized online and by regulators for selling … ( read original…
China Mobile Limited: A Stalwart With Solid Market Position
China Mobile Limited is a giant stalwart with operations in mainland China, qualifying it as one of the largest telecom companies in the world. Even with its sheer size, China Mobile Limited has … (…
Ant Financial’s mutual aid platform Xiang Hu Bao hits 50 million users
Xiang Hu Bao, meaning “mutual protection” or literally “lend a helping hand,” was launched by Ant Financial last October in partnership with Trust Mutual Life Insurance Co, China’s first mutual life … ( read original…
Ant Financial disrupts old school health insurance in China, attracts 50 million users to its newly launched protection plan
Billionaire Jack Ma ’s Ant Financial has done more than perhaps any company to disrupt China’s massive banking and asset-management industries. Now it’s trying to reimagine health insurance. Ant’s … ( read original story …)
