Tang Ning 20: Year, One Dream; the CreditEase Empire Collapses
A Telegram channel published a report link titled “Tang Ning 20: Year, One Dream; the CreditEase Empire Collapses,” without providing details from the article.
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A Telegram channel published a report link titled “Tang Ning 20: Year, One Dream; the CreditEase Empire Collapses,” without providing details from the article.
Beijing Chaoyang police stated that they have opened an investigation into suspected illegal and criminal activities by companies related to CreditEase, and that actual controllers Mr. Tang, Ms. Zhao, and others have been subjected to criminal compulsory measures. CreditEase previously suspended repayments on approximately 30000000000 yuan of quasi-fixed-income products and acknowledged that it may be insolvent.