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KM Financial Solutions | UPDATE 2-China clamps down on micro-loan market; U.S.-listed shares plunge
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UPDATE 2-China clamps down on micro-loan market; U.S.-listed shares plunge

20 Nov UPDATE 2-China clamps down on micro-loan market; U.S.-listed shares plunge

Posted at 17:25h in News by
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BEIJING, Nov 21 (Reuters) – China’s financial regulators on
Tuesday took steps to clamp down on the fast-growing market for
web-based micro-lenders, a credit sector Beijing has grown
increasing worried about, sending shares of U.S.-listed shares
of Chinese financial firms into a tailspin.

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