Liu Ran
Stories by Liu Ran
Ant Group shares surge as speculation mounts over revival of IPO
Ant Group or its subsidiaries could go public in Hong Kong as soon as early 2025.
CIC evaluates potential purchase of stakes in three national bad banks
CIC has sent teams to assess China Cina Asset Management and China Orient Asset Management.
JD.com’s fintech arm to buy troubled consumer lending firm
The acquisition will allow the JD.com unit to operate a consumer finance business.
Ant Group’s consumer lending arm plans to boost registered capital to $625m
Seven investors plan to inject 4.5b yuan into the company.
Tencent’s top risk control executive to depart amid fintech revamp
The formation of a financial holding company is still a pending issue for Tencent’s fintech overhaul.
China’s new personal credit reporting rules leave fintech, big data firms in the lurch
Businesses directly selling personal credit information to lenders had to replace their sales contracts by Nov end.
Regulators have moved on, yet there are questions hanging over China’s Ant Group
Ant Group's suspended IPO may not be revived this year due to listing regulations.
China is wrapping up two-year clampdown on tech sector
The campaign to rectify 14 tech firms' financial businesses is complete, a top PBOC official said.
Collapse of China’s venture-backed housekeeping platforms leaves workers in a lurch
Many of the platforms are scaling back and exiting some cities.
China’s banks work to stay ahead of criminals as facial recognition scams grow
Criminals can trick facial identification verification by using masks or photos, say experts.