Tencent co-launches financial platform on QQ2014-06-27
Chinese Internet company Tencent Holdings Ltd has entered a new realm of Internet finance by co-developing a wealth management platform based on its popular QQ instant messaging service, targeting securities firms and stock investors.
Baoshang Bank launches online wealth management platform2014-06-19
Baoshang Bank Limited, a joint-equity commercial bank best known for its micro-business finance service, launched an online wealth management platform called Xiaoma Bank on Wednesday amid increasing competition from Internet finance companies.
Five Chinese brokers granted online business access2014-04-08
Five brokerage firms in China have been given permission to pilot online securities business, marking the country's first official approval in the industry, Shanghai Securities News reported on Tuesday.
Sina to launch financial service this month2014-04-08
Sina Corp-the online media company that runs Weibo, China's version of Twitter-is expected to officially launch its financial service in mid-April, in a move to tap into the emerging Internet finance sector in the country.
Online finance now 'due for consolidation'2014-04-08
The emergence of Internet finance in China is providing more funding channels for small and medium-sized enterprises, but that's not necessarily good news for all lenders in the domain.
Baidu to launch third-party settlement service2014-04-04
China's leading search engine Baidu Inc announced Thursday that it will launch a third-party settlement service for fund companies and investors after being granted a license for fund sales, payment and settlement.
Internet finance shaking up Chinese banks2014-04-03
Chinese banks'resilience to the growing popularity of Internet finance has been"so far, so good"and sector change will come as the industry catches the trend, analysts in Hong Kong said.
JD.com eyes way into Internet finance2014-03-26
JD.com Inc, China's second largest e-commerce company by market share, is looking to invest in fund companies in an aim to smooth its way into Internet finance, Economic Observer reported on Wednesday.