Wednesday, May 12, 2021
Tags Chinese P2P lending

Tag: Chinese P2P lending

Closure of China’s P2P Lenders Accelerates Since Start of Second Half

A new report on China's peer-to-peer (P2P) lending market points to the accelerated closure of online platforms since the start of the second half,...

China’s P2P Crackdown Drives Exodus of Talent to Blockchain Sector

Financial professionals fleeing from a crackdown on China's P2P online lending sector are choosing to seek their fortunes in the country's booming blockchain industry. The...

Xiaomi Accused of Providing Risky P2P Lending Products to Users

Chinese smartphone giant Xiaomi stands accused of advertising risky P2P lending products to users, amidst a crackdown by Beijing on the online lending sector. Xiaomi...

Most Read

Leading Chinese Finance Official Calls for Conversion of Hidden Debt into “Statutory Debt” via Bond Issues

A leading Chinese finance official has flagged the possibility of converting some "hidden" local government debt into "lawful" or "statutory" debt, following...

Bank of Communications Underwrites New Bonds for Revitalization of China’s Rural Areas

Big state-owned lender Bank of Communications (BOCOM) has become the first Chinese bank to underwrite a new debt instrument designed to channel...

China’s Open-ended Mutual Funds Market Takes First Place in Asia at $2.81 Trillion, Fifth Place Globally

China's open-ended mutual funds market has emerged as the largest in the Asia-Pacific following a sharp rise in the popularity of the...

Chinese Investors Can Now Buy Government Savings Bonds Using Their Mobile Phones

The Chinese government has made it possible for domestic investors to subscribe for government bonds via mobile banking apps.