Ant Financial invests in Shanghai-based fintech startup VFinance

Ant Financial, the financial services affiliate of Alibaba, has made a strategic investment in VFinance (维金), a Shanghai-based startup providing digital financial infrastructure solutions to enterprises in China, according to VFinance’s announcement. ( read original story ...)

HSBC’s history

HSBC is named after its founding member, The Hongkong and Shanghai Banking Corporation Limited, which was established in 1865 to finance the growing trade between Europe, India and China. The inspiration behind the founding of the bank was Thomas ... ( read original story ...)

EBRD President visits China to explore closer cooperation

The FINANCIAL -- Opportunities to further increase cooperation with China were the focus of a visit to Beijing and Shanghai by the President of the European Bank for Reconstruction and Development (EBRD). Sir Suma Chakrabarti met one of the country’s ... ( read original story ...)