A notice on Laocaibao’s website announcing its closure on Tuesday. Photo: Weibo

Shanghai-based Zendai closes two P2P units worth US$1.4 billion as Beijing intensifies crackdown

  • The P2P platforms operated by the private investment company employed 5,000 and operated 135 outlets across the mainland
Topic |   Peer-2-Peer

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A notice on Laocaibao’s website announcing its closure on Tuesday. Photo: Weibo
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