(Opinion) Tencent spinning off its fintech unit could unlock as much as $230b in value
Tencent, best known for the WeChat messenger that almost everyone in China uses, has a growing fintech business making up 26% of its...
News by FinTech Collective
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China fears weigh on launch of Hong Kong virtual banks
Chinese entrants who sensed an opportunity to disrupt Hong Kong's financial centre are stuck in testing mode after winning licences to...
Why China’s digital currency is a ‘wake-up call’ for the U.S.
Fortune believes that while the US dollar still remains heavily in the lead as the world's reserve currency, China's PBOC digital...
China’s shadow banking industry roars back
China’s $8.4tn shadow banking industry has surged back to life this year, as regulators scale back deleveraging in an effort to spur...
Alibaba eyes 1b annual active users by 2024, picks up 33% stake in Ant Financial
Following the satisfaction of the closing conditions set forth in a 2014 agreement, Alibaba has received a newly issued 33% equity...
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