Friday, March 29, 2024

Tag Archives: Honk Kong

Finance startups boom in China as Hong Kong and Shanghai stock exchanges open up

Online finance has boomed in China over the last year and a half. It started with mutual funds accessible to average citizens, offered by Alibaba, Baidu, and Tencent. Then, a surge in peer-to-peer lending took hold because – like the mutual funds – they also lowered the barrier for individuals to secure personal loans in China. And now a new …

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