Posts Tagged: Yu’E Bao


China's central bank considering tough regulations on online payments

After last week’s clampdown, China reportedly considering tough regulations on online payments

Late last week, the People’s Bank of China (PBoC) moved to curb the rapid growth of online payments by banning in-person payments made usi...

  • March 18, 2014
  • at 12:56 pm
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Alibaba’s online fund sales on Taobao met with lukewarm reception

Alibaba continued its trek into online banking and finance when its Taobao e-commerce site launched the sale of online funds last week. But ...

  • November 4, 2013
  • at 12:56 pm
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2 of China's web giants want to become banks as China reforms banking industry

2 of China’s web giants want to become banks as China reforms banking industry

China is set to launch a trial program to shake up the nation’s state-owned banks, allowing five new private banks to be set up in the...

  • March 11, 2014
  • at 6:55 pm
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Baidu

120,000 users invest $164 million on first day of Baidu Finance Center

Baidu (NASDAQ:BIDU) announced it reached its maximum allowed investment in less than five hours today, the launch day of Baidu Finance Cent...

  • October 28, 2013
  • at 7:04 pm
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