Tag Archive: Fintech

China Development in Dec 2020: FinTech, 5G, Online Leisure, COVID-19

FinTech Big Tech or big technology companies are already dominating the micropayment market in the country and enjoy an undue monopoly in terms of data resources. There are also chances that some of their financial businesses may trigger new types of risks”, said Guo Shuqing, Party secretary of the People’s Bank of China, the central bank, in a speech via video link to the Singapore FinTech Festival. “A minority group of technology companies have dominated the micropayment market, which relates…
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Tencent, Fostering Connecting Ecosystem to Serve Enterprises and Consumers

Tencent was founded in Shenzhen, China, in 1998, and listed on the Main Board of the Stock Exchange of Hong Kong since June 2004. As I mentioned before, Shenzhen is an amazing city. Within 40 years history, numerous competitive companies were founded in Shenzhen, the most famous companies are Tencent, Huawei, Ping An, and China Merchants Bank Currently, Tencent and Alibaba is the Top 2 conglomerates by market capitalization. Alibaba aims to provide operating system for commerce and make business…
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