Tracy Li

Business Reporter
Finance

Shanghai banks pledge to help small business

A meeting held by the Shanghai Banking Association was aimed at supporting the central government's calls for financial institutions to help boost the real economy.
Finance

Crackdown on shadow banking to ease: Moody's

China's crackdown on shadow banking activities is expected to moderate in 2019, but the sector will not rebound strongly. 
Company

'Quickpass is safe,' China UnionPay promises after CCTV exposé

China UnionPay reaffirmed that its Quickpass services are safe in a statement one day after it was questioned by an annual CCTV program on the protection of consumer rights.
Company

AIA reports strong growth in 2018

Insurance giant announces double-digit growth across its main financial metrics with its business in China posting strong results. 
Finance

Again, Shanghai ranked top five global financial centers: GFCI

Shanghai was once again ranked as one of the top five financial centers in the world after it overtook Tokyo to move into fifth place last September, a recent report said.
Company

Ping An Group posts US$16.76b operating profit in 2018, up 18.9%

Ping An earned 112.5 billion yuan of operating profit in 2018, up 18.9 percent year on year, thanks to its efforts on customer development and tech-driven business transformations.
Company

China's fintechs to grow on different paths

China's financial technology industry will maintain its growth momentum in 2019 while undergoing accelerated consolidation, according to reports.
Company

Ping An to help authorities fight insurance scams with Big Data and AI

Ping An Medical and Healthcare Management Co Ltd said it aims to help China's authorities to better fight insurance scams with its advanced Big Data and AI technologies. 
Company

Ping An Bank posts US$3.69b in profit

Ping An Bank made 24.8 billion yuan (US$3.69 billion) in profit in 2018, up 7 percent year on year, and crediting tech-powered retail banking for the transformation. 
Company

China's consumer finance market tipped to grow

China's consumer finance market is expected to grow further after a difficult 2018 as capital and credit environment become more favorable.   
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