Online Lending

New Rules for Bank-Backed Online Lending Take Effect: Minimum Simple Interest as Low as 7.56%; Some Platforms Cut Rates by 2 Percentage Points to Attract Customers

China Finance Tech in ChinaAnt Group, ByteDance, Du Xiaoman, fintech, Huawei, JD.com, Kingdee, Lexin, Meituan, Online Lending, Qifu Technology, WeBank

October 19, 2025

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