Blog

Fintech Giants in China are Hitting Major Roadblocks in Planned Listing at Home

China’s Securities Regulatory Commission announced last Friday a long list of updated guidelines for fintech companies seeking to be listed on its Shanghai Stock Exchange’s STAR market, the Nasdaq-style tech board officially known as the Shanghai Stock Exchange Science and Technology Innovation Board. One of the major guidelines that financial technology companies were banned from …

Read full post

SoFi Allows Users to Purchase IPOs Directly

For anyone investing in the New York Stock Exchange, SoFi has made a recent announcement that may act well in your benefit. For those unaware, SoFi is an American financial services company that aids customers in services such as paying back student loans, mortgages, credit cards, and investing. On April 2nd, 2021, SoFi announced that …

Read full post

JD Technology Pulls IPO in Light of China’s Fintech Restructuring

China is perhaps now home to the world’s most interesting and confusing global fintech market. They have one of the world’s biggest economies, and are even accelerating with fintech startups and in the cryptocurrency space. China is actually the only country currently to have a digital currency, the digital yuan, circulating through their central bank, …

Read full post

Ant Group CEO Unexpectedly Steps Down

China has made suggestions that they want to become a fintech world epicenter, just as the United Kingdom and the United States have recently, but they seem to contradict themselves in some aspects. If they’re going to excel in any department of fintech, cryptocurrency would probably be the most expected route. This is mainly because …

Read full post

China’s Fintechs to Reach Capital Goal in Two Years

China has been developing itself to be one of the most powerful global economies for the past several decades, even challenging the likes of the United States and the EU. The recent announcement that the People’s Bank of China, their central bank, is not only optimistically looking at cryptos, such as the Federal Reserve in …

Read full post