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-0.0263157894736841 -0.00263157894736837 1.1686558153949E-16 0.0263157894736844 0.0210526315789475 0.0482368421052633 -0.0134999999999999 -0.0394736842105262
Stock impact report

China’s Fintech Revolution—The Ledger [Fortune]

Pintec Tech Holdings Ltd ADS (PT)  More Company Research Source: Fortune
PDF Pinterest Last week we discussed the roiling Sino-American trade war shock depreciation of Fortune Brainstorm conference Early on during that morning session, our featured speakers found a point of agreement: the Middle Kingdom is far more advanced than just about any other nation when it comes to financial tech. "If you want to see the future of fintech, just go to China," said Edith Yeung, managing partner of Proof of Capital, a blockchain-focused investment firm. She cited Alibaba-spinoff Ant Financial and Tencent's WeChat Zhou Jing, president of Pintec, a Chinese fintech startup, explained the Chinese industry's rise as hinging on the proliferation of software applications and mobile phones. "In the past people didn’t have smartphones and they didn't have access, if they lived far away, to information or services that are readily available in the U.S.," Zhou said. "Today, without opening a bank branch you can reach out to customers who live in Tibet and faraway places you've neve [Read more]
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