China Banking Research

Jan

Tencent WeBank official launch January 18th. Penguinmania to ensue.

It’s official. Although the bank has already technically been approved (several times), it seems like WeBank, 30% owned by Tencent, will finally make its big splash on January 18th.

Jan

China Banking Research

The Shanghai Free Trade Zone (FTZ) expands. A lot.

Sneaking it in while the west was busy sipping eggnog and taking a break, the Chinese government has big plans for expanding the Shanghai Free Trade zone geographically. The new zone will include some of the most important real estate in Shanghai including the Lujiazui Financial disctrict.

Dec

China Banking Research

Tencent’s Webank approved for operation

On December 12th, Webank, the proposed bank from Tencent received regulatory approval to start operations.

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China Banking Research