Scalper1 News
China’s banking sector is already sizzling, with cash-rich Internet giants Alibaba Group and Tencent Holdings recently jumping into the country’s rapidly growing online banking industry. But get ready for a powerful new player in China’s banking market. China Internet search leader Baidu (BIDU) announced last month that it will partner with the state-run China CITIC Bank to operate an online bank. The joint effort, called Baixin Bank Co., joins an Scalper1 News
Scalper1 News