Tag: Xiaomi

FINTS Morning Brief (26 Oct 2016)

China led the global Q3 green bonds issuance, accounting for 44% of global issuance: Moody Outstanding loans extended by China’s micro-credit firms amounted to 929.3 billion yuan by the end of September: PBoC China will…


FINTS MORNING BRIEF (1 September 2016)

The State Council decides to establish 7 pilot free trade zones in Liaoning, Zhejiang, Henan, Hubei, Chongqing, Sichuan and Shaanxi provinces: Xinhua News Agency Xu Shaoshi, the director of the National Development and Reform Commission,…


LENOVO SIGNS STRATEGIC COOPERATION AGREEMENT WITH JD.COM

Lenovo Group, the world’s largest personal computer supplier, signed a strategic cooperation agreement with JD.com, China’s second-largest online retail services provider, on July 26. According to the agreement, Hong Kong-listed Lenovo hopes to sell 60…


Xiaomi entering into banking industry

Xiaomi, the Chinese smartphone maker, is now entering into the banking industry through establishing its first private bank in Sichuan province with co-partners. A wholly-owned subsidiary of the tech company will own a 29.5% stake…