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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 …

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Are FinTech’s a threat to Big Banks?

A recently released letter to shareholders written by Jamie Diamon, the CEO of JP Morgan, detailed how he saw the rise of FinTech in the financial sector as a direct threat to JP Morgan’s business. Mr. Diamon also said, “Banks are playing an increasingly smaller role in the financial system.” Showing just how the top …

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