Category Archives: finance

Financial institutions: earning on data – Shaun Rein

Online financial institutions like Alibaba’s Ant Financial and Tencent are developing new business models, where they make money on the giant amount of data they collect. Financial authorities are stepping in, for the right reasons, says business analyst Shaun Rein to the China Daily.

The fast-growing housing market of Wuxi – Rupert Hoogewerf

Traditionally Shanghai, Beijing and Guangzhou were benchmark cities when looking at the housing market in China. But when you want to know where global wealth is growing fastest, you might have to look at a few unfamiliar names, including Wuxi, overtaking Hong Kong as the most expensive city, says Rupert Hoogewerf, chief researcher of the latest Hurun Report, according to the South China Morning Post.

Outbound deals: small is beautiful – Ben Cavender

China’s financial authorities are cracking down on outbound deals, but not all deals are off-limits, says business analyst Ben Cavender. Especially smaller deals seem to avoid political scrutiny, he tells CNBC.

Risk and opportunities of the bitcoin – Mark Schaub

Chinese authorities have started to regulate the usage of the bitcoin. That is not necessarily a bad thing, writes Shanghai-based lawyer Mark Schaub at the website of his law firm. “Regulation should be seen as an opportunity, too. More stringent rules translate to lower investment risk and increased legitimacy.”

Money laundering in China – Sara Hsu

Around 100 billion US dollar leaves China illegally each year, estimates financial analyst Sara Hsu. Only last year 380 banks were busted for money laundering. She discusses at CGTN what the government does to prevent those illegal transactions.

Overseas fintech strategies for Alibaba and Tencent – Matthew Brennan

After a killing domestic competition between Alibaba and Tencent, the fintech branches of both take their struggle international. Fintech analyst Matthew Brennan looks in TechNode at the strategies of Alipay and WeChat to conquer foreign markets.

State gets stronger in economy – Arthur Kroeber

State-owned companies are getting a stronger grip on the economy, at the expense of private capital, says economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know®, at the New York Times. The major investment of major tech firm in China Unicom was just the latest move.

Tencent hits high on gaming – Matthew Brennan

Internet giant Tencent might be most known for its loss-making WeChat, but that chat tool is effectively used to generate revenue through gaming, says e-commerce expert Matthew Brennan on QZ. The company reported a stellar performance of the second quarter.

The economic fallout of Xi’s powerplay – Arthur Kroeber

Chinese companies are running for cover as president Xi Jinping’s powerplay is also hitting the economy. China regularly pulls the reins, when too much financial power is flowing outside the state economy, says renowned economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know® in the Financial Times.

Credit score: next in the Tencent, Alibaba fight – Matthew Brennan

Alibaba’s Ant Financial has been leading the charge in online financial transactions, but Tencent wants to gain back market share by setting up its own credit sharing system. A much needed move, says fintech expert Matthew Brennan to Pymnts.