from Reuters: Technology News http://ift.tt/2mYE7pF
Alibaba affiliate Ant Financial bans high-interest loan products
HONG KONG (Reuters) - Alibaba Group Holding Ltd affiliate Ant Financial has banned consumer loans with annual interest rates above 24 percent from its Alipay platform, a move which comes as China's government increases scrutiny of lightly regulated online lending.
from Reuters: Technology News http://ift.tt/2mYE7pF
from Reuters: Technology News http://ift.tt/2mYE7pF
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