Alipay and WeChat Pay could face antitrust investigation
China's antitrust agency is pondering an investigation into Alipay and WeChat Pay after the country's central bank raised concerns about...
News by FinTech Collective
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Lufax said to target $3b in U.S. IPO
Chinese fintech giant Lufax, backed by Ping An, is targeting to raise at least $3bn in a U.S. initial public offering, according to...
Ant Group plans dual IPOs in Shanghai, Hong Kong, bypassing New York
Ant didn’t give a time frame for its IPOs or a fundraising target, but a person familiar with the matter said the company is aiming for a...
Jack Ma's fintech giant Alipay tops 1.3b users globally
The majority of its users came from China, while the rest were brought in by its nine e-wallet partners in India, Thailand, South Korea,...
‘No way I can lose’: Inside China’s stock-market frenzy
Five years after China’s last big equity boom ended in tears, signs of euphoria among the nation’s investing masses are popping up...
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