Friday, April 23, 2021
Tags Chinese online loans

Tag: Chinese online loans

People’s Daily Warns China’s Online Lending Platforms against Illegal Collection of Services Fees

The flagship newspaper of the Chinese Communist Party has published a news story warning online lending platforms that the collection of exorbitant...

Online Loans in China Plunge Over 70% YoY in November, 94 P2P Platforms Withdraw

Online lending in China continues to reel from the impact of heightened regulatory scrutiny, with a decline in volumes as well as the further...

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Chinese Banking Sector Assets up 9.2% YoY at End of First Quarter, NPL Ratio Edges Lower

The total assets of the Chinese banking sector saw an increase of over 9% at the end of the first quarter of...

20 Chinese Companies Pursue US Listings in First Quarter of 2021, Funds Raised Surge over 10-Fold Despite Sino-US Tensions

The first quarter saw a precipitous surge in funds raised by Chinese companies opting to list in the US, despite ongoing tense...

National Fiscal Revenues in China Rise over 24% in First Quarter

China's national fiscal revenues surged in the first quarter of 2021, as the economy continues to recover from the initial impacts of...

Singapore’s DBS Bank Plans to Grab Biggest Stake in Leading Shenzhen Lender

Singaporean multinational lender DBS Bank has unveiled plans to acquire over a tenth of equity in a major lender in the Shenzhen...