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