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China's peer-to-peer lending market looks for further disruption this year with more platforms likely to be shut down as regulators attempt to rein in the scandal-plagued sector despite huge ...
Across the city, others who had lost money investing in China's online peer-to-peer (P2P) lending platforms - including some who had travelled from as far away as Shandong and Shanxi provinces ...
Li Yonghong was also sanctioned CN¥600,000 in 2013 by the Chinese regulator China Securities Regulatory Commission for failing to disclose the sale of the entire share capital of the parent company of a Chinese listed company Shanghai Duolun Industry Co., Ltd. (SSE: 600696, now known as "P2P Financial Information Service Co., Ltd."). [4] [62]
P2P platforms gather funds from retail investors and loan the money to small corporate and individual borrowers, promising high returns. China arrests 62 suspects abroad, $1.5 billion seized in ...
Ezubao (Chinese: e租宝) was a peer-to-peer lending scheme based in the eastern Chinese province of Anhui.It was set up as an online scheme in July 2014, attracted funds of about 50 billion yuan ($7.6 billion) from 900,000 investors, and ceased to trade in December 2015.
China's primary state oil & gas entity. CNPC was overtaken by Amazon and slipped from #4 to #5 in 2023. 6 Sinopec Group: $471,154.2 527,487 China's second-largest state-owned fossil fuel company. Sinopec specialises in refining crude oil into a variety of consumer products. 13 China State Construction Engineering: $305,884.5 382,492
In connection with the Strategic Partnership, Xunlei also entered into a series of transactions with Beijing LinkChain Co., Ltd., an associated company of Newland, to transfer the exclusive right to operate LinkToken program within mainland China, including without limitation, the formulation, amendment and execution of the rules governing the ...
By Scott Ladner, Chief Investment Officer 2021 has felt like it just whizzed by, especially compared to 2020 which seemed to last longer than forever. We’ve sped up so many things these last 18 ...