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Chinese fintech giant Ant Group spins off database firm OceanBase, giving Alibaba affiliates a stake
South China Morning Post via Yahoo Finance Canada· 2 weeks agoTwo Alibaba Group Holding affiliates have become new shareholders of OceanBase, the database company founded by the e-commerce giant's fintech affiliate Ant Group, as the start-up overhauled ...
RPT-UPDATE 3-China July new bank loans tumble, credit growth weakens further
Reuters via Yahoo Finance Canada· 11 months agoChina's new bank loans tumbled in July and other key credit gauges also weakened, even after policymakers cut interest rates and promised to roll out more support for the faltering economy.
Explainer-What's next for Ant after its nearly $1 billion fine?
Reuters via Yahoo Finance Canada· 1 year agoThe announcement of a nearly $1 billion fine by Chinese regulators on Ant Group has drawn a line...
From Shanghai to Mumbai, Tech Chiefs Race to Contain SVB Fallout
Bloomberg via Yahoo Finance Canada· 1 year ago(Bloomberg) -- Asia’s tech leaders, half a world away from the chaos that’s engulfed Silicon Valley,...
China new bank lending stumbles as COVID flare-ups hit demand
Reuters via Yahoo Finance Canada· 2 years agoBEIJING (Reuters) -New bank lending in China tumbled more than expected in October from the previous...
Bankers Replaced by Tech PhDs as Xi Sparks New Fund Talent War
Bloomberg via Yahoo Finance Canada· 2 years ago(Bloomberg) -- One in five Chinese youths can’t find a job. Oliver Jiang has to fight off employers...
UPDATE 2-China's Aug new bank loans rise less than expected, credit growth slows
Reuters via Yahoo Finance Canada· 2 years ago* Aug new yuan loans 1.25 trln yuan vs f'cast 1.48 trillion yuan * Aug M2 money supply +12.2% y/y, vs f'cast of 12.1% * Aug TSF 2.43 trln yuan, vs f'cast 2.075 trillion yuan (Adds analyst comment ...