Wednesday, October 21, 2020
Tags P2P lending

Tag: P2P lending

Fintech

New Micro-lending Rules Could Oust Thousands of Chinese Fintech Platforms

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The launch of strict new measures concerning online micro-lending is expected to cause a major shakeup in China's Fintech sector, prompting thousands of unlicensed...
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Banking

Only 6 Banking Sector P2P Platforms Left in China

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The number of bank-run P2P platforms operating in China despite the natural advantages that established lenders have brought to Fintech business. Securities Daily reports that...
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Banking

Trial of Fintech Ponzi Scheme Opens in Beijing

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The Beijing No. 1 Intermediate Court kicked off its public trial of the key players behind fraudulent P2P lending platform Ezubao on 26 April. Yucheng Global president Zhang...
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Most Read

Chinese GDP Growth Rises to 0.7% in Third Quarter

Economy CBNEditor - 0
China's GDP growth for the first three quarters of 2020 has entered positive territory despite the initial economic impacts of the COVID-19...
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Huang Jianhui Calls for Creation of “Aircraft Carrier Fleet” of Chinese Banks and Enterprises for Expansion into Overseas markets

Banking CBNEditor - 0
A leading Chinese economist has called for the country's banks and enterprises to join together in a concerted effort to expand their...
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Loan Prime Rate Remains Unchanged for Sixth Consecutive Month in October

Economy CBNEditor - 0
Chi­na’s loan prime rate (LPR) for October has re­mained un­changed for the sixth consecutive month.  The...
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Shenzhen Lottery Winners Use Digital Renminbi to Pump Fuel, Pay for Meals

Fintech CBNEditor - 0
The winners of a recent digital renminbi lottery held in the southern tech hub of Shenzhen have used some of their proceeds...
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