facebookWith China’s banking regulator announcing last month that it had shut down all such P2P platforms, how will this affect P2P firms in Singapore? - Seedly

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Anonymous

31 Dec 2020

General Investing

With China’s banking regulator announcing last month that it had shut down all such P2P platforms, how will this affect P2P firms in Singapore?

The financial time bomb is far from being defused for millions of families who invested billions of yuan, and a very real concern exists that mishandling the situation could lead to social unrest.

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Better be careful of p2p, those companies on p2p platforms are usually those that are unable to get a loan from the bank. After seeing Coasset's return saga, i will not touch p2p at all

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