Loan Balance: Monday Investors

loan balance: The total amount of transactions on Laocaibao was 29.7 billion yuan 4.2 billion by the end of July, with a loan balance just under 5 billion yuan and 28,031 lenders, according to Laocaibao's official website, according to Global Times China. Is the platform overdue Do I still have my money When will the payment be made Hundreds of investors on Monday afternoon rushed to the Zendai Wealth offices in Pudong New Area, Shanghai, Securities Daily reported. Online loan platform Laocaibao, a subsidiary of Zendai Wealth Management, suspended P2P business from Monday, according to an announcement from the platform's website. Investors failed to receive a response on Monday. According to the repayment time, the first repayment will be issued within five working days from August 16, a customer service employee from Laocaibao told the Global Times on Tuesday. The withdrawal function remains normal. (news.financializer.com). As reported in the news.

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