China

China E-Commerce Industry Enters “New Retail” Era

The Chinese retail industry is entering a “new retail” era, characterized by the widespread use of technologies such as artificial intelligence (AI) and big data to digitalize the entire value chain, according to PwC. China is the world’s biggest consumer

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Chinese Personal Finance Fintech Sponsors NBA China

X Financial and NBA China announced today a multi-year marketing partnership that makes the company an official marketing partner of NBA China. X Financial is a leading technology-driven personal finance company in China, and it is NBA China’s first time cooperating with a company

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Crushed By China’s P2P Crackdowns, Lufax’s Global Strategy Is Now Robo-Advisors

Just in March, Lufax had big aspirations towards launching an IPO that they hoped would raise its valuation to USD60 billion, a huge jump from when the company last valued at US$ 18.5 billion in 2016. Unfortunately, a rampant slew of Peer-to-Peer

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Hong Kong is Wild Card for Tech Startups, Meanwhile Shenzhen and Beijing Tops the List

Colliers released its latest research report Top Locations in Asia’s Technology sector. The report, based on a comprehensive study of 16 cities in developed and emerging markets across Asia, examines nearly 50 criteria across a spectrum of socio-economic, property and human factors

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UnionPay Expands its Mobile Payments App into Hong Kong and Macau

UnionPay announced that it has started to offer its mobile services to customers in Hong Kong and Macau, in a move that is said to meet increasing payment needs brought by the exchanges between Hong Kong/Macau and the Chinese mainland.

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6 Blockchain Projects That Gives a Snapshot of Shanghai’s Booming Blockchain Scene

Despite the crackdown on cryptocurrency by the Chinese Government the blockchain scene is thriving in China. Over the past 3 months the government of China has invested over US $ 3 billion in blockchain focused funds. It is reported that

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