2018-11-12
South China Morning Post
A ruling against a shareholder of Tencent's WeBank put 12.6M shares up for auction on Taobao, which, as of Nov. 2017, had processed ~610K such judicial auctions
Iris Deng / South China Morning Post :
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Wall Street Journal
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Alibaba affiliate Ant Financial launches online bank MYbank to challenge Tencent's WeBank in China
Alibaba Affiliate Launches Online Bank Despite Regulatory Hurdles — MYbank offers microloans for businesses and consumers but users can't open bank accounts yet
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Tencent launches first online-only private bank WeBank in China
Tencent leads new wave of private, online Chinese banks — China's stock market may have opened 2015 with a roar, the wild rally in Shanghai continuing with a stunning 3.6% rise Monday. — But away ...
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