Hong Kong’s P2P money lender license is weak
Hong Kong’s P2P lending market develops slowly,Only WeLend exists、GoLend、Bestlend three main platforms。Strict money lender license regulatory requirements (3-4 months application period,12months validity period) and high compliance costs are important constraints。GoLend’s property mortgage model is the most feasible under the existing legal framework,The market is small、The lack of local Internet giants to cultivate user habits is also a development bottleneck.。