China Microloan News - Caixin Global

Once a playground for freewheeling private internet finance companies, China's emerging sector for short-term unsecured loans has become the latest target of a regulatory cleanup. 

China Issues New Rules to Clean Up Online Microloans

Notice from central bank and banking regulator bans unlicensed lenders and orders no new licenses, no illegally high interest charges, no violent debt collection

09 13, 2022 20:47 PM

In Depth: Ant Group Rebuilds for Regulators, but at What Cost?

The fintech company is a shadow of the titan it once was, with its highly lucrative consumer lending business decoupled from ubiquitous payments service Alipay

05 04, 2022 21:00 PM

Five Things to Know About China’s Draft Rules on Local Financial Institutions

Draft regulations to strengthen supervision may be difficult to enforce and could even put unnecessary burdens on market participants, experts say

04 27, 2021 20:11 PM

In Depth: The Rectification and Remaking of Ant Group

Although the worst-case scenario of a breakup has been avoided, Jack Ma’s fintech behemoth will be forced to undergo a major restructuring

03 24, 2021 23:36 PM

Tencent Profit Beats Expectations Despite Tightening Scrutiny of Big Tech

Tencent pledges all-out effort to comply with regulations; investors focus on entertainment business as fintech faces crackdown

03 09, 2021 19:50 PM

Reg Watch No. 3: What You Need to Know About China’s Banking and Insurance Supervisor

Who’s who and what’s what at the China Banking and Insurance Regulatory Commission

11 10, 2020 14:04 PM

Jack Ma’s Botched Ant IPO Becomes a Boost for State Banks

Chinese bank stocks rallied after regulators last week proposed new rules to curb the rapid growth and leverage of microloan lenders

11 05, 2020 19:01 PM

Caixin Insight: What Blew Up the Ant Group IPO?

Plus explanations of China’s new online microlending rules and the 14th five-year plan recommendations

11 03, 2020 20:40 PM

Ahead of Ant Group’s Record IPO, China Tightens Online Microlending Rules

Draft regulations are published days before the group’s widely anticipated stock market debut in Shanghai and Hong Kong

08 25, 2020 20:00 PM

New Consumer Lending Arm Gives Ant Group License to Lend a Lot More

Alibaba’s fintech affiliate plans to establish Ant Consumer Finance with a registered capital $1.2 billion in a bid to boost growth of its online finance business

08 03, 2020 05:22 AM

Cover Story: How Ant Grew Into an Elephant-Sized Behemoth

Long-awaited IPO could value the Alibaba payment unit at $200 billion reflecting careful construction of its own comprehensive financial and business ecosystem

05 25, 2020 05:21 AM

In Depth: Should China’s Central Bank Buy Treasury Bonds?

Advocates argue the pandemic’s massive economic fallout requires such an extraordinary move while critics say the PBOC shouldn’t ‘print money’

12 02, 2019 06:26 AM

In Depth: Is China’s Once-Booming P2P Sector Facing a Dead End?

Tough new standards are in store after crackdown wiped out three-quarters of platforms and more than half of lending assets

10 30, 2019 09:07 AM

CX Daily: U.S. Proposes Purge of Huawei, ZTE Equipment

Still, ZTE, like Huawei, posts strong results in Q3, China signals end to ban of U.S. poultry and Taiwan tourism plummets ahead of election

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