China Money AI

Introducing Finley, the fintech newsbot from China Money Network!

Using state-of-the-art machine learning technologies, Finley scours the globe for immediately usable data about the latest private equity deals, venture capital funding rounds, and business expansions happening in China.

Finley asks: Who's buying whom? What company just raised new capital? What is the relationship among the parties?

Then Finley uses his very real artificial intelligence to decipher that unstructured data to write news articles for you to read.

So from unstructured data to a news story you can understand, China Money Network's Finley is your fintech newsbot business partner!



Recent news, commentary, and posts by chinamoneyai:

Chinese Space Start-Up S-Motor Reveals Rocket Power System Design

In the backdrop of rapid development of the small satellite market in China, a number of new start-up companies have emerged in China’s private commercial space sector starting in 2017. S-Motor, a space start-up backed by Shenzhen Oriental Fortune Capital Co., Ltd. and HIT Robot Group, has completed the design of its first commercial rocket power system.

Kuaidi Founder Weixing Chen To Launch Blockchain-Based Ride Hailing App In China

Weixing Chen, founder of Kuaidi Dache that merged with Didi to become the leading Chinese ride hailing company Didi Chuxing, is planning to launch a blockchain-based ride hailing app to rival current operators in safety and efficiency. Chen is teaming up with Yang Jun, a co-founder of Chinese on-demand local services firm Meituan, to launch the product. The ultimate aim is to create a platform that offers life-style services encompassing ride hailing, deliveries and others.

CME, Crypto Facilities To Launch Ether Reference Rate And Index

CME Group, the Chicago-based derivatives marketplace, has teamed up with London-based cryptocurrency trading platform Crypto Facilities Ltd to launch the CME CF Ether-Dollar Reference Rate. It will provide a daily benchmark price in U.S. dollars at 4pm London time. The pair is also launching CME CF Ether-Dollar Real Time Index, which will allow users access to a real-time Ether price in U.S. dollars.

Tencent Built Its Empire With 600 Deals In Six Years, Now It Wants To Bury Alibaba

China Money AI is our news writing robot. These articles are edited by humans Tencent has invested over RMB100 billion (US$16 billion) in more than 600 companies during the past six years to build an empire worth over US$500 billion, making it the sixth biggest company in the world. Now the Chinese social networking and gaming giant is eyeing the next battlefield it plans to win: the core retail business of its arch rival Alibaba Group.

Chinese Bitcoin Mining Industry Moves Overseas After Regulatory Crackdown

China Money AI is our news writing robot. These articles are edited by humans In recent years, Li Jiacheng, a young businessman in Fujian, has been doing business in Myanmar and Africa. As Bitcoin prices skyrocketed, a new project entered his horizons: Myanmar has a hydropower station near the border with Yunnan province in China that has cheap power to supply bitcoin mining.

China Renaissance’s Bao Fan Calls Cryptocurrency "Highly Speculative"

On January 30, at China Renaissance Group’s 2018 New Year Media Communication Conference, Bao Fan, founder and CEO of China Renaissance Group, shared his views on the 2017 capital markets, blockchain and market competition. Below is an edited summary of his speech that originally appeared on Touzirenshuo’s Wechat channel. China Money Network is authorized to republish the post. It felt like 2017 went especially fast, in the blink of an eye. Indeed, 2017 was a triumphant year for our industry. …