P2P Lending

The Latest

  • Hangzhou P2P Lender Wiedai Financial Under Investigation
    Weidai Financial
    Hangzhou's public security bureau is launching a probe into Weidai (Hangzhou) Financial Information after receiving reports that it was conducting illegal fundraising activities.
  • China's Financial Regulators Tightens Rules On Online P2P Lenders
    China P2P Lending
    The China Banking and Insurance Regulatory Commission has imposed a set of new regulations aimed at curbing the spread of illegal P2P lending.
  • Hunan Province Imposes Total Ban On Peer-To-Peer Lenders
    China P2P Lending
    The Hunan Provincial-Local Financial Supervision Administration has now imposed an unprecedented blanket ban on all P2P lending activities throughout the region.
  • Ping-An Insurance-backed Lufax To Scrap Core P2P Lending Business
    China P2P Lending
    Lufax is reportedly scaling down its peer-to-peer (P2P) lending business following an increased crackdown by Chinese regulators on high financial risk operations.