Linklogis deepens its blockchain bet to make supply chain finance great again
The provider of digital supply chain financing services will use XRP Ledger to settle digital transactions as it continues to reel from China’s long-running real estate slump Key Takeaways: Linklogis…
Lufax deepens Ping An reliance, as it works towards trading resumption
The online loan facilitator has signed a flurry of agreements strengthening its ties to its parent, Ping An Group, as it works towards reinstatement of trading for its Hong Kong…
NEWS WRAP: Lianlian DigiTech’s revenue surges on payment network expansion
The digital payment service provider’s revenue rose 28% last year as its global payment network and customer base continue to expand By Teri Yu Lianlian DigiTech Co. Ltd. (2598.HK)…
Waton plays up fintech transformation, though without much evidence
The online stockbroker prominently highlights its focus on fintech services as it seeks a New York IPO, but its financial results don’t quite back that up Key Takeaways: Waton is…
Noah’s development arc takes overseas turn as life at home only gets tougher
The asset management firm’s overseas revenue growth partially offset a decline in its core domestic business in the third quarter Key Takeaways: Noah’s overseas revenue grew 29% year-on-year in the…
Linklogis appears to build shaky house on lower fees for suffering customers
The supply chain financing services provider reported growing transactions in the first nine months of this year, but remains heavily exposed to China’s sagging property market Key Takeaways: Linklogis reported…
Strong NEV sales keep Yixin on pace with China’s sluggish auto market
The online car loan facilitator’s business is growing at a similar pace to China’s auto market, which has decelerated after years of strong growth Key Takeaways: Transactions on Yixin’s car…
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