Introduction -- Private lending market: historical evolution and operating mechanism -- The private lending crisis : cause, effect, and risk -- The legal framework of private lending -- Regulating private lending : rationale and practice -- The future of private lending -- Conclusion.

Mr Ding Hui, the chairman and chief executive of a Hong Kong-listed fashion retailer, Fujian Nuoqi Co Ltd, suddenly went missing in July 2014. As a result, the company's share price slumped by more than 50% in three consecutive days. It remained mysterious about Mr Ding's motivation for...

This article investigates the financing dilemma of small and medium-sized enterprises (SMEs) in the UK. After the global financial crisis, banks have become risk-averse and refuse to lend to small business borrowers. Meanwhile, the recent decade has witnessed the rapid growth of online...

This article discusses and analyses one of the most popular commercial contracts in China: private lending agreement. It refers to moneylending arrangements between a business borrower and its debt investors. Millions of private businesses in China, having limited access to the state-dominated...