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China Tightens Online Finance Regulations


The crackdown on internet finance companies could result in foreign companies, looking to set up new #investment businesses, going slow on their plans. In the long run, more oversight of financial companies is likely to benefit the sector, weeding out fly-by-night operators and increasing investor confidence.

Existing large players like #Alipay and #Tencent are also likely to benefit from #IncreasedRegulation , given their established nature and financial depth.


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