Ant Group’s most lucrative business of consumer lending is likely to become less profitable as the financial juggernaut emerges from a six-month regulatory crackdown aimed at curbing its influence.
“There are ambiguities but the importance is this is a step ahead,” said Shujin Chen, a Hong Kong-based analyst at Jefferies. The move will curb Ant’s ability to lend, but it is yet to be seen whether regulators will allow it to continue to distribute loans for other institutions for a fee, she said.
The unit will need to provide 30% of funding for all co-loans, based on rules released earlier this year. At 10 times leverage of its registered capital, that means its total amount of joint loans will be capped at 266-billion yuan.
Please
ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว
Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้
Norway wealth tax increases will trigger capital flight, finance minister saysA change in government in the upcoming elections could lead to higher wealth taxes, trigger a capital flight and threaten job creation, Norway's finance minister warns
แหล่ง: BDliveSA - 🏆 12. / 63 อ่านเพิ่มเติม »