Qupital wants to finance more Chinese cross-border e-commerce merchants by tapping Hong Kong’s capital market

China’s cross-border e-commerce merchants are largely underfunded despite Beijing’s push to boost the industry, according to Hong Kong-based lending start-up Qupital, which is hoping that its access to the city’s established capital market provides an answer.Founded in 2016, Qupital offers offshore US dollar loans to Chinese merchants selling their products on overseas marketplaces including, eBay and Lazada.Thanks to the rapid growth of cross-border e-commerce, Hong Kong’s less…


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