The Zendai Group offices in Shanghai. The closely held investment firm focuses on businesses ranging from finance and culture to health, according to its website. Photo: Imaginechina
Founder of Shanghai investment firm Zendai Group surrenders to police after P2P lending units default on payments
- Dai Zhikang under investigation for illegal fundraising, embezzlement, police say
- Closure of two online lending units worth 10 billion yuan leads to surrender
Topic |
Financial regulation
The Zendai Group offices in Shanghai. The closely held investment firm focuses on businesses ranging from finance and culture to health, according to its website. Photo: Imaginechina