P2P firms could harm wealth industry, says Noah head
The Chinese wealth management firm's president says peer-to-peer lending platforms may not have the financial expertise to select suitable investment products for clients.
The president of Shanghai-based wealth manager Noah Holdings has warned that Chinese peer-to-peer lenders expanding into asset and wealth management could end up having a negative impact on the industry.
Sign In to Your Account
Access Exclusive AsianInvestor Content!
Please sign in to your subscription to unlock full access to our premium AI resources.
Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial—no registration fees required. Click the link to get started.
Note: This free trial is a one-time offer.
¬ Haymarket Media Limited. All rights reserved.