WeBank

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

FreshFromChina organizes publicly available and confirmed data. If you spot an error or have a better/great reference, please let us know:
📫 [email protected]

FreshFromChina is intended as an informational tool only. Content associated with FreshFromChina is not considered opinions or advice (financial or otherwise).

Get the Freshest from China, right to your inbox

Weekly updates on 📈 trends,
💻 tech, & 🧧 finance coming out of the Middle Kingdom.

⛩ oh and it’s free! ⛩

Name *

Email *

Please do not fill in this field.

Scroll to Top