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-Fitch Rtgs: China's Stricter P2P Regulatory/Capital Rules a Credit Positive

Dec 19, 2019 - ENP Newswire

The increased regulatory and capital requirements for China's peer-to-peer (P2P) lenders should continue to put pressure on the sustainability of business models across the sector in 2020, leading to further industry contraction, Fitch Ratings says.

However, more robust regulatory and capital standards should be supportive of credit fundamentals across the broader Chinese consumer finance sector over the longer term. P2P platforms with greater scale, more established franchises and ...