Chinese P2P (peer to peer) lending platform Shanghai Lujiazui International Financial Asset Exchange Co. Ltd., has reportedly received its first round of financing valuing the company at nearly US$10 billion, according to Chinese media reports. Details of the financing round were not disclosed. The Shanghai-based company, also known as Lufax, is established in 2011 with […]

Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.