Lenovo was accused of "fraud" by the financial services agency Bucephalus Research and was given a "sell" rating in an interview with Bloomberg.
Ant Financial announced the launch of the INCLUSION Fintech Conference, an event that aims to bring together the global financial and technology community.
PayPal has completed its acquisition of a 70% equity stake in GoPay, making PayPal the first foreign payment platform to provide online payment services in China.
Mu Changchun, deputy director of the PBOC’s payments department, said at an event held by China Finance 40 Forum over the weekend that the bank’s own cryptocurrency is “close to being out.”
Alibaba Group CEO Daniel Zhang took to the stage in Hangzhou to share his visions on platform economy and how it could make global commerce more inclusive.
Currently there is no hotter topic than blockchain in China where “3AM Sleepless Blockchain Communities” are rumoured to thrive. What is blockchain you ask? It is a technology developed to keep track of Bitcoin transactions whose usage have expanded with its popularity.