# Yixianghua
Latest news and articles about Yixianghua
Total: 2 articles found
Shadow Interest: How Chinese Fintech Platforms Are Bypassing Lending Caps with 'Fee Splitting'
An investigation into the lending platform Yixianghua has exposed how 'fee splitting' allows lenders to charge annual rates exceeding 40%, far above the 24% legal limit. New regulations arriving in August 2026 aim to eliminate these hidden costs and protect consumer rights.
China’s Crackdown Closes In on Yirenzhike: Lending Engine That Fueled Growth Faces a Regulatory Dead End
China’s financial regulator has targeted Yixianghua, the lending conduit for Yirenzhike, for practices including opaque fees and forced disbursements. The 9th regulation — capping annualised costs at 24% and folding all charges into a comprehensive rate while tightening bank partner lists — directly undermines the platform’s core revenue model, forcing strategic pivots that are unlikely to replace lost margins quickly.