Under the new rules, individuals will be restricted to borrowing a maximum of 200,000 yuan (HK$233,010) each from any one P2P platform, and to a total of 1 million yuan from any number of them. Photo: AFP

Regulation of peer-to-peer lending a welcome move for financial stability

The new rules need to be matched however with measures to make funding more available through official channels

Topic |   Regulation

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Under the new rules, individuals will be restricted to borrowing a maximum of 200,000 yuan (HK$233,010) each from any one P2P platform, and to a total of 1 million yuan from any number of them. Photo: AFP
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