Zhang Yuzhe
Stories by Zhang Yuzhe
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.
China grapples with hangover from consumer lending boom
Inevitably, the credit boom has been accompanied by a boom in nonperforming personal loans
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.
PayPal’s China unit gets ready to accelerate its business
PayPal's China unit has bagged the approval to double its registered capital to $666 million.
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.
Key things to know about China’s draft rules on local financial institutions
Some of the proposed rules have raised concerns among industry insiders.
China relaxes new mobile payment rules to put small businesses at ease
The original rules had sparked concerns about a rise in operational costs for small businesses.
JD.com’s fintech arm boosts capital of microlending business as China’s new rules loom
Tencent, ByteDance, and Meituan have also raised the registered capital of their microlending business.
JD.com’s bumpy road to take the finance out of its fintech unit
JD.com plunged into the fintech business at almost the same time as its bigger rival, Taobao.
