Tuesday, May 18, 2021
Tags Chinese P2P

Tag: Chinese P2P

Shanghai’s Lujiazui Financial District Sees Protests over Failed P2P Platform

Chinese investors in online peer-to-peer (P2P) lending platform PPMiao have staged protests at the Shanghai office of one of its key shareholders, as problems...

Beijing Calls for Distressed Asset Managers to Rescue Peer-to-peer Lending Platforms

China's' banking regulator has called for the country's four managers of distressed bank assets to help bail out the non-performing loans (NPL) of beleaguered...

New P2P Lending Platforms in China Drop 90% in First Half of 2018

China's P2P lending sector has seen a sharp contraction since the launch of a crackdown on the sector by the Chinese central bank in...

Crackdown on P2P Lenders Spreads to Hangzhou, 10 Platforms Ensnared within a Week

China's ongoing crackdown on P2P lenders has spread from Nanjing and Shanghai to the Zhejiang province capital of Hangzhou, with a slew of investigations...

Online Lending Platforms in China Staged World Cup Promotional Events to Draw Investors

P2P lending platforms in China have staged a slew of World Cup-related promotional events in order to attract investors. Online finance consultancy Yingcan Zixun (盈灿咨询)...

Most Read

China’s Commercial Banks See YoY Profit Growth of 2.4% in First Quarter, NPL Ratio Eases to 1.8%

The latest official data points to modest growth in the net profits of the Chinese commercial banking sector in the first quarter...

ICBC Tops Forbes List of World’s 2000 Leading Public Companies for Ninth Consecutive Year

China biggest bank in terms of assets has once again topped the Forbes Global 2000 list of the world's leading public companies....

PBOC Undertakes 100 Billion Yuan in 1-year MLF Operations on 17 May, Rates Remain Unchanged

The People's Bank of China (PBOC) undertook 100 billion yuan in medium-term lending facility (MLF) operations on 17 May, alongside 10 billion...

Huawei Wants to Drive China’s Transformation into the World’s Digital Leader

Chinese telecoms giant Huawei has committed to a major overhaul of its cooperative partnership ecosystem as part of efforts to transform China...