Risks lurk in P2P sector, ratings agency warns
By Gao Yuan | China Daily | Updated: 2015-01-22 07:11
Transactions double, but disclosure norms weak in unregulated segment of financing
The nation's fast-growing Internet finance market conceals great risks, a domestic ratings agency warned on Wednesday.
Inadequate disclosure, debt repayment problems and poor profitability are the biggest issues challenging Chinese peer-to-peer lenders, said Dagong Credit Data Co Ltd.
Photo
