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Following a vibrant year of overseas investment, the Fosun Group conglomerate is setting up an online small loan provider for China's small- and micro-sized enterprises as well as personal borrowers. Five affiliates of Fosun, the licensing partner for Forbes China, will pump $32 million into the Guangzhou-based lender Fosun Yuntong [...]
from Forbes Real Time http://onforb.es/1D4N8cR
Following a vibrant year of overseas investment, the Fosun Group conglomerate is setting up an online small loan provider for China's small- and micro-sized enterprises as well as personal borrowers. Five affiliates of Fosun, the licensing partner for Forbes China, will pump $32 million into the Guangzhou-based lender Fosun Yuntong [...]
from Forbes Real Time http://onforb.es/1D4N8cR