Lufax, which runs an online wealth management platform and retail lending technology platform, has hired Bank of America, Goldman Sachs, HSBC and UBS to bring in investors, the people familiar said. A ... ( read original story ...)
China stocks drop most in two weeks on weak global sentiment, bank lending data
Chinese shares fell on Wednesday and were on course for their worst day in over two weeks due to souring global market sentiment and data showing softer growth in bank lending. ** At the midday break, ... ( read original story ...)
Ant Group’s next move: Financial services and beyond?
Ant Group has ambitious plans to build and operate platform business models. At a recent analyst event, they shared their vision and strategy for the future. ( read original story ...)
Ping An Climbs to 21 in the Fortune Global 500 List, 2nd Among Global Financial Enterprises
Company of China, Ltd. (hereafter “Ping An” or the “Group”, HKEx:2318; SSE:601318) is number 21 overall in the 2020 Fortune Global 500 list, climbing eight places since last year. With sustained ... ( read original story ...)
NIO Inc. Reports Unaudited Second Quarter 2020 Financial Results
SHANGHAI, China, Aug. 11 ... today announced its unaudited financial results for the second quarter ended June 30, 2020. Key Operating Results Deliveries in July 2020 Deliveries of the ES8 ... ( read original story ...)
51job, Inc. Reports Second Quarter 2020 Financial Results
PRNewswire/ -- 51job, Inc. (Nasdaq: JOBS) (“51job” or the “Company”), a leading provider of integrated human resource services in China, announced today its unaudited financial results for the second ... ( read original story ...)
China ex-regulator warns on bank funding risk as NCD issues boom
The former head of China's securities regulator has raised concern about banks addressing funding shortages by ramping up issues of short-term interbank debt instruments that have in the past ... ( read original story ...)