P2P in China

dan1 Moderator "It's all about the cue action." Posts: 3,496 Likes: 3,809	P2P in China Apr 10, 2019 16:05:42 GMT via mobile Quote Select Post Deselect Post Link to Post Back to Top Post by dan1 on Apr 10, 2019 16:05:42 GMT www.scmp.com/news/china/society/article/3005030/chinese-city-calls-riot-police-angry-investors-protest-outside
	Space Karen's Starship Never play chess with a pigeon. Comparison is truly the thief of joy.

agent69 Member of DD Central Posts: 6,044 Likes: 4,437	P2P in China Apr 10, 2019 16:37:34 GMT Quote Select Post Deselect Post Link to Post Back to Top Post by agent69 on Apr 10, 2019 16:37:34 GMT Not the first time this has happened. It appears that the average Chinese investor knows even less about the risks of P2P lending than their English counterparts

benaj
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P2P in China Apr 10, 2019 16:48:23 GMT

Quote

www.nasdaq.com/article/dianrong-boss-daringly-says-what-many-are-thinking-20190318-01199

It's a completely different environment in China. Dianrong, one of the biggest p2p lender in China was told by the Chinese government not to grow. Who knows what the other p2p companies in China have relationship with those Chinese Government officials.

Meanfile, Fintech firm like Ant Financial is buying World First

www.bloomberg.com/news/articles/2019-02-14/ant-financial-agrees-to-buy-u-k-payments-firm-worldfirst

Last Edit: Apr 10, 2019 16:49:37 GMT by benaj