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Chinese Regulatory Agencies Suspend Licensing for Internet Microlenders, Cash Loan Industry Facing a Major Reshuffle

The Chinese government has stepped up its control over the cash loan industry, causing the stock prices of US-listed Chinese internet finance companies to plunge.

3 mins read
  • Plus, Singapore’s InCorp Group has acquired three subsidiaries of CA Trust. California-based cloud-service provider Scalyr has raised $20 million.

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    Kr-Asia Daily: Chinese microlenders plummet as the country is to tighten controls

    2 mins read

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