Finance

How China’s millennials manage their finance

In China, the generation born in the 1980s (referred to as “Post-80s”) are facing growing responsibilities. They are now dually burdened with caring for young

Top mobile banking apps in China in Q1 2018

The mobile banking apps in China obtained 27.98 million DAUs in Q1 2018, up 12.6% over the previous quarter. ICBC, CCB, and mobile banking of ICBC

China third-party mobile payment market Q1 2018; dominated by Alipay and WeChat

The total transactions of third-party mobile payment reached 40.36451 trillion yuan (US$6.08 Tn) in Q1 2018, up by 6.99% over Q4 2017 and dominated by

[REPORT] China online banking, mobile banking insights 2018

Total transaction value of China’s online banking clients reached 421.5 trillion yuan (US$ 66.38 trillion) with an increase of 5.7% QoQ in Q4 2017. Find

China third-party online / mobile payment market Q4 2017

The total transactions of China’s 3rd-party online payment market grew by about 5% QoQ in Q4 2017 while mobile payment continued strong growth of 28%

Ping An Bank mobile banking active users up 304% yoy in Jan 2018

The number of active users of Ping An Pocket Bank grew by 304% year-on-year to 16.066 million in January 2018 according to Analysys from only 3.977

Chinese consumers more engaged with sharing platforms but least likely to buy insurance

The market value of China’s sharing economy sector reached 4.5 trillion yuan (about US$680 billion) in 2017, compared with 3.45 trillion yuan in 2016. It

China’s P2P lending market trends & top platforms

The number of online credit users reached 160 million in China in 2016 and 200 million in 2017; and, it is estimated to grow with

China third-party online and mobile payment markets overview Q3 2017

The total transactions via non-finance institutions in China totaled 42,167.92 billion yuan in Q3 2017 with an increase of 17.4% QoQ according to Analysis. This market

China online banking transactions dropped to RMB 482 trillion in Q3 2017

According to recently published report by Analysys, “China Online Banking Quarterly Forecast Report for 2017 Q3”, the total online banking transactions amounted to 48.15 billion,

Over 3/4 China smartphone users to use phone payment in 2017

More than three-quarters (76.3%) of smartphone users (461.4 million) in China will use phone payment for goods and services at the point of sale (POS)

China Online banking dropped by 6.8% in Q2 2017

Online banking in China has suffered badly at the hands of online and mobile payment providers over the past few years. In the second quarter