The Beijing-based wealth manager and peer-to-peer lender plans to buy holdings in up to five more investment houses and launch two private funds through existing partnerships.
Tag : p2p
The development and regulation of fintech in China was a hot topic at the Boao Forum for Asia yesterday, with peer-to-peer lending and robo-advice both on the agenda.
China's financial technology sector has seen a sharp drop in flows from private equity investors amid concerns about peer-to-peer lenders and the prospects for start-ups.
Opportunities in private financing are rising, say executives from Bordier, Cambridge Associates and Silverhorn Investment Advisors. So how would they access the asset class?
Financing providers have been registering as private fund managers in China purely to raise capital. New rules aim to put a stop to this, and further measures are said to be on the way.
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.
China's biggest peer-to-peer lending firm has brought in Danny Howell from Towers Watson to expand its wealth and investment arm. It has made other recent hires and is seeking further additions.
