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Shenxian Youcai
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Shenxian Youcai (神仙有财) was an internet finance platform operated by Shenzhen Shenxian Youcai Financial Services Co., Ltd., a subsidiary of the public company Huazhong Holding. Launched in 2015, the platform functioned as a P2P lending information intermediary, connecting individual investors with borrowers seeking funds. Its mission was to provide accessible wealth management and investment products. However, in late 2018, the company experienced a severe "redemption crisis," failing to repay principal and interest to a large number of its investors. The platform has since ceased all operations and is involved in numerous lawsuits from investors attempting to recover their funds.
China
Industry
Financial
HQ Location