Companies like Alibaba have a wealth of personal credit data derived from transactions between the merchants and shoppers. Photo: Xinhua

PBOC calls on Alibaba, Tencent to help develop credit reporting market

Boost for small businesses and individuals as eight firms cleared for credit reporting services

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Companies like Alibaba have a wealth of personal credit data derived from transactions between the merchants and shoppers. Photo: Xinhua
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Enoch Yiu

Enoch Yiu

Enoch joined the Post as a business reporter in 1996. Before that, she worked at a Chinese daily newspaper for four years. She is author of two books: 'They Mean Business: 50 exclusive interviews with Hong Kong top executives' and 'Serving with Passion: stories of established catering brands in Hong Kong'.