Shanghai has followed Beijing in halting new registrations of investment firms after the closure and investigation of Wealthroll Asset Management for alleged illegal fundraising.
Tag : red-pulse
Industry observers expect to see stricter regulations imposed on internet financing firms after the closure of online P2P platform Ezubao.
China’s rapid pace of liberalisation over the past six months surprised market observers, a forum hears. However, they do not expect the channels for foreign investment to merge at a similar speed.