WeBank, the mainland's first internet bank controlled by Tencent Holdings, was launched in Shenzhen yesterday. Photo: Imaginechina WeBank, the mainland's first internet bank controlled by Tencent Holdings, was launched in Shenzhen yesterday. Photo: Imaginechina
WeBank, the mainland's first internet bank controlled by Tencent Holdings, was launched in Shenzhen yesterday. Photo: Imaginechina

Direct banking services still face challenges in China

Launch of first internet bank expected to pave way for online accounts and other services but sector sees problems in attracting consumers

WeBank, the mainland's first internet bank controlled by Tencent Holdings, was launched in Shenzhen yesterday. Photo: Imaginechina WeBank, the mainland's first internet bank controlled by Tencent Holdings, was launched in Shenzhen yesterday. Photo: Imaginechina
WeBank, the mainland's first internet bank controlled by Tencent Holdings, was launched in Shenzhen yesterday. Photo: Imaginechina
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