HIGHLIGHTS
SUMMARY
"Internet finance" is widely seen as a frenzy of investment in information technology companies in the the authors stock market. According to the term redefined by the Chinese government in 2018, it refers to a new financial business model in which traditional financial institutions and Internet companies use Internet technology and information and communication technology to achieve financial financing, payment, investment and information intermediary services. In Internet finance, the traditional financial industry (such as banks and insurance companies) and Internet companies cooperate to provide financial products or services, including investment brokerage, online payment, person . . .
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