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BRIEF-Baofeng Group's unit scraps online micro loan firm plan
December 6, 2017 / 12:57 PM / 6 days ago

BRIEF-Baofeng Group's unit scraps online micro loan firm plan

Dec 6 (Reuters) - Baofeng Group Go Ltd:

* SAYS UNIT SCRAPS PLAN TO SET UP ONLINE MICRO LOAN FIRM AFTER GOVERNMENT SUSPENDED APPROVAL OF SETTING UP SUCH FINANCIAL INSTITUTIONS Source text in Chinese: bit.ly/2ixhrYh Further company coverage: (Reporting by Hong Kong newsroom)

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