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China's Central Bank to Establish Online Finance Stats Monitoring System
Beijing Business Today, 11/30/15
China's Central Bank and Association of China Internet Financial Industry have jointly developed a preliminary system for the monitoring of online finance statistics, according to an announcement by Sheng Songcheng, department head of survey and statistics at the People's Bank of China. Read More
Rumor: Tencent, CITIC Guoan to Establish Online Life Insurance Firm
DoNews, 9/02/15
Chinese Internet and mobile services firm Tencent (0700.HK) will unite with CITIC Guoan Group (000839.SZ), a subsidiary of Chinese state-run CITIC Group Corporation, to establish an online life insurance firm, tentatively named Hetai Renshou, according to a person familiar with the matter. Read More
PICC, Kingsoft Introduce Online Shopping Insurance
Tencent Tech, 7/11/12
People's Insurance Company of China (PICC) and Kingsoft Network Technology, Kingsoft's (3888.HK) anti-virus subsidiary, today launched China's first online shopping insurance product to protect consumers from e-commerce fraud. Read More
Ctrip Insurance Subsidiary Approved by Chinese Authorities
Beijing Times, 7/13/11
Chinese online travel service provider Ctrip (Nasdaq: CTRP) has been licensed to establish its own insurance agency, the China Insurance Regulatory Commission (CIRC) announced yesterday. Read More
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