Thursday 18 July 2019

Internet News: Exclusive: Ping An-backed Lufax to ditch P2P lending amid regulatory woes - sources

Lufax, one of China's largest online wealth management platforms that is backed by financial giant Ping An Insurance , plans to exit its once-core peer-to-peer lending (P2P) business, three sources with direct knowledge of the matter told Reuters.
Read the full story at Exclusive: Ping An-backed Lufax to ditch P2P lending amid regulatory woes - sources on the Reuters website.
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