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China issues new online loan rules to lower financial risk

The regulator intends to bring down the leverage ratio of Chinese fintech companies.

2 mins read

Eduardo Saverin will serve as special advisor.
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Facebook co-founder’s firm looks to raise USD 300 million in US IPO via SPAC
1 min read
Myanmar’s governmental web portals often have scant security measures in place.
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Massive data trove from 120,000 Myanmar companies surface online in Wikileaks-style release
3 mins read
UN shows world’s largest internet market still has ample room to grow.
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China just 55th on e-commerce index due to low internet access
3 mins read
Xiaomi founder Lei Jun would lead the new EV team. He has backed both Nio and Xpeng through his venture capital firm Shunwei Capital.
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A ‘Xiaomi car’? Phonemaker reportedly targets EV production
2 mins read
In China’s first-tier cities, market penetration of ride-hailing services exceeded 70% as of Q1 of 2019.
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KEY STAT | Ride-hailing services accounts for a third of China’s taxi traffic
1 min read
New investment flows into China’s bike-sharing sector as the industry matures.
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Didi’s biking-sharing unit Qingju raises USD 600 million in Series B
2 mins read
After teaming up with JD.com and Pinduoduo, Gome plans to take on market leader Suning.
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China’s former richest man is planning a comeback following jail time
3 mins read
Muhyiddin aims to leave spectrum controversy behind and boost digital economy.
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Malaysia fast-forwards 5G rollout to end of this year
2 mins read