Online lending platforms have grown in popularity since the late 2000s by extending credit to borrowers who are overlooked by the traditional banking sector. Photo: Xinhua

Mainland investors say goodbye to double-digit returns as Beijing tightens regulations on online lending platforms

Investment returns on online lending platform are set to slump as Beijing tightens regulatory framework on the burgeoning sector

Topic |   Banking & Finance

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Online lending platforms have grown in popularity since the late 2000s by extending credit to borrowers who are overlooked by the traditional banking sector. Photo: Xinhua
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