Yiren, Qfin swept up in latest fintech lending crackdown
China's latest move against predatory lenders is crippling legitimate loan facilitators like Yiren and Qfin by imposing a strict interest rate cap Key Takeaways: Yiren Digital plunged into the red…
Wealth divide: Banks in China’s poorer regions bear brunt of margin squeeze
The latest annual results from Bank of Gansu and Jiangxi Bank show their margins are getting compressed by high interest payments on their time deposits and falling loan yields Key…
China Merchants Bank falters as economic slowdown wipes out growth
Operating income growth for the bank, considered one of the most market-oriented among China’s big state-run lenders, came to a standstill in 2025 Key Takeaways: China Merchants Bank’s operating income…
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