Finance

As of August 23, 244 companies have completed IPOs and listed publicly this year, with a total initial fundraising total of 289.748 billion yuan. Both the number of IPOs and the actual fundraising scale have exceeded that of last year.

Recently, the China Banking Association (CBA) has released the 2020 year report of the development of China consumer finance companies, which shows that as of the end of June in 2020, there are 26 consumer finance companies in China, with assets worth 486.15 billion yuan, loan balance reaching 468.61 billion yuan, and serving customers totaling 140 million.

The Shenzhen Finance Bureau stated that financial technology innovations such as digital currency research and mobile payment innovative applications have made positive progress.

Gui’an New District is located in the combined area of ​​Guiyang City and Anshun City in Guizhou Province, covering 4 counties (cities, districts) and 20 townships under the jurisdiction of Guiyang and Anshun, with a planned control area of ​​1,795 square kilometers.

The Ministry of Commerce issued the outline of the plan for comprehensively deepening the innovative development pilot of service trade, proposing to roll out trials of digital Renminbi in the Beijing-Tianjin-Hebei Region, the city cluster of Yangtze River Delta Region, the Guangdong-Hong Kong-Macao Greater Bay Area, and cities in the central and western regions if they meet certain conditions.

Keyike, an intelligent financial service ecological platform, has recently announced the completion of its Series A financing round, raising nearly 70 million yuan.

TX Fund, a fund sales company under Tencent recently launched investment advisory business called “Yiqitou” (to invest together) on WeChat.

The Shanghai government strives to build city into a comprehensive and open global asset management center at an international level with a high concentration of asset management elements, leading technology applications, and a complete ecosystem by 2025.

China will unswervingly deepen the reform of the financial industry and open up to the outside world, China’s central bank governor Yi Gang said on August 9.

Zhaoping Digits, an integrated solution provider for digital transformation of small and medium-sized banks, has completed a multimillion-yuan angel round of financing co-led by Shenzhen Baosheng Bank and Qingying Venture Capital, with participation from Junsheng Investment and Rongyang Venture Capital.