China finalizes rules on banks' internet loan businesses, affecting Alibaba and others, setting new capital requirements, must be complied with by July 17, 2022 (Reuters)

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Reuters:

China finalizes guidelines on banks’ web mortgage companies, affecting Alibaba and others, setting new capital necessities, have to be complied with by July 17, 2022  —  SHANGHAI (Reuters) – China’s financial institution regulator on Saturday tightened necessities on the web mortgage enterprise of business banks …

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