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Chinese P2P lending
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Chinese P2P lending
Banking
Over 45 P2P Lending Platforms in China Forced to Withdraw, 71% Since Start of 2019
CBNEditor
-
April 29, 2019
0
China's P2P lending platforms have seen a surge in closures since the start of 2019 as local regulators step up their pressure...
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Banking
Chinese Internet Finance Authority Pledges to “Vigorously” Combat Online Loan Risk
CBNEditor
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April 7, 2019
0
China's leading authority for internet financial risk has signalled heightened measures to deal with risk in relation to online P2P lending.
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Banking
Chinese P2P Lender Dianrong Blames Heavy, Unclear Regulation for Ailing Performance
CBNEditor
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March 21, 2019
0
One of China's leading P2P lenders has blamed lack of regulatory clarity from the central government for its poor performance.
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Banking
Over 380 Online Lending Platforms under Investigation by Chinese Authorities, 62 Suspects Extradited
CBNEditor
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February 19, 2019
0
Chinese authorities have placed over 380 online lending platforms under investigation for criminal financial activities.
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Fintech
Returns on P2P Loans Set to Weaken as Chinese Regulators Step up Pressure
CBNEditor
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February 19, 2019
0
Average returns on peer-to-peer loans in China are expected to remain weak as Beijing continues to crack down on internet lending.
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Economy
Beijing Steps up Pressure on Chinese P2P Lenders with Call for “Targeted Bomb Disposal”
CBNEditor
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January 23, 2019
0
The Chinese central government has flagged greater pressure on the P2P lending sector with a call for "targeted bomb disposal", as analysts...
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Economy
P2P Platforms in Regular Operation Continue to Fall to Record Lows
CBNEditor
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January 16, 2019
0
The number of regularly operating peer-to-peer (P2P) lending platforms in China has continued to tumble to record lows at the end of 2018 amidst...
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Banking
China’s P2P Indices Drop for First Time in History, Only 300 Platforms to Weather 2019
CBNEditor
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January 7, 2019
0
A slew of key indices for China's P2P lending sector have posted their first decline since the inception of the industry over a decade...
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Fintech
P2P Crackdown Could Cull 70% of China’s Online Lending Platforms, Spare Just 300 in 2019
CBNEditor
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January 2, 2019
0
China's ongoing crackdown on risk in relation to internet finance could lead to a plunge in the number of active P2P lending platforms in...
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Finance
China’s P2P Lending Sector Sees First Ever Drop in Transaction Volumes in 2018
CBNEditor
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December 24, 2018
0
A new report on China's internet finance sector points to a sharp decline in P2P loan transaction volumes as well as platforms following official...
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ByteDance Applies for Registration of “BytePay” Trademark
Fintech
CBNEditor
-
March 4, 2021
0
TikTok-owner ByteDance appears intent on expanding the range of online services and products it provides with its application to register aNOTHER payments-related...
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China’s Banking Regulator Highlights Success of Risk Containment Efforts in 2020, Focal Points for Policy in 2021
Banking
CBNEditor
-
March 3, 2021
0
The head of China's banking regulatory has touted the progress of effort to contain risk in the Chinese financial system, while also...
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Shenzhen Launches China’s First Personal Bankruptcy System
Economy
CBNEditor
-
March 3, 2021
0
The southern Chinese tech hub of Shenzhen has just launched China's first system for the application and processing of personal bankruptcies.
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Alibaba and Baidu Win Tender for China’s Online Payments Processing Cloud Platform
Banking
CBNEditor
-
March 3, 2021
0
Tech giants Alibaba Cloudand Baidu have won the tender for a project involving the cloud platform used to drive China's centralised...
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