Skip to content
online news service focusing on China’s mobile payment industry, said to Securities Daily he
expects the run-up of cashless payments will maintain for three to five years until it takes up as much sha
re of consumption as possible, as consumers incrementally wade farther into cashless payments.
Data from PBOC revealed banking financial institutions in 2018 conducted 220.31 billion deals in non-cash paym
ents involving 3,768.67 trillion yuan, a rise of 36.94 percent and 0.23 percent year-on-year respectively.
In the same period non-banking payment institutions, mainly referring to third-party online payment service providers, had 530.61 b
illion deals, surging 85.05 percent, and the transaction volume was 208.07 trillion yuan, up 45.23 percent fro
m the previous year. Mobile payment platforms Alipay and WeChat Pay occupy over 90 percent of market share.
By the end of 2018, a total of 424 commercial banks and 115 payment institutio
ns were connected to a unified clearing platform set up by the Payment and Clearing Association of China, PBOC said.
NEW YORK – UP Fintech Holding Limited, a leading online brokerage firm focusing on global Chinese investors, rang th
e Nasdaq Stock Market opening bell on Wednesday in celebration of its initial public offering (IPO).
The company, known in Asia as “Tiger Brokers,” trading under the ticker symbol of “TIGR,” announced its IPO of 13 mill
ion American depositary shares (ADSs), each representing 15 Class A ordinary shares, at a price to the public of $8 per ADS.
UP Fintech Holding started trading at $8.10 per share on Wednesd
ay, climbing 24.6 percent from its pricing, and was traded at $9.97 apiece around midday.
Citi and Deutsche Bank acted as lead managers on the deal.
Online brokers utilize APPs and websites to provide integrated online securities services, incl
uding customer acquisition, account opening, securities trading and other value-added services.
many people attended Wednesday’s service that Akil said guests were invited to throw a small handful each.
Zaid was too weak to hold a shovel, Akil said, so one was taken to him, piled with dirt.
‘It’s their names we need to keep telling’
Zaid stayed to accept condolences before being taken back to Christchurch Hospital, A
kil said. It’s likely to be some time before he’s well enough to return to Cashmere High School, which his brother also attended.
Ardern visited Cashmere High on Wednesday to address the students who’ve been payi
ng tribute to Hamza and another classmate who was killed, Sayyad Milne, 14. Former student Tariq Omar, 24, also died.
New Zealand terror suspect planned third attack, police chief says
“You know some of the young people who lost their lives on Friday,” Ardern told the students. “It’s their names and their stories we need to keep telling.”
The prime minister invited questions from the assembly. The first was: “How are you?”
“Thank you for asking,” Ardern said. “I’m very sad.”
New Zealand will fall silent for two minutes this Friday to remember the victims of the massacre.
The call to prayer will be also broadcast over national television and radio uniting a country wracked by grief one week on.
is deep into its most crucial week since the last one.
On Thursday, Theresa May travels to Brussels to meet with the remaining 27 EU leaders, where she is expected to request an extension to Article 50, the legal
process by which Britain is leaving the EU. If the EU27 agree, as they probably will, Brexit will be delayed beyond the current deadline of March 29. Lea
ving aside the gravity of this epic failure of British Brexit policy, the key question is how long will the delay last?
There are two likely options. The first is a short delay, which Downing Street said on Wedne
sday it would request. This would give the UK government a little more time to get its Withdrawal Agr
eement through Parliament, perhaps sweetened with some changes to the accompanying political declaration.
Or, the EU could offer May a much longer extension, possibly lasting years, to give to the UK more breathing space in which to u
ntangle its Brexit mess. The EU says it would only grant a longer delay if there was a good reason for doing so.