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Chinese Real Estate | Non-bank Lending
Over the past few years, China has increasingly relied on real estate-backed loans from pawn stores. Pawn shops in the country provided $43 billion worth of loans in 2017 while the number of these stores has doubled since 2010 to more than 8,500, Bloomberg reported. Crucially, more than half the loans in 2017 were backed by real estate. Borrowers for these loans are not required to disclose how the money will be used, according to ... [more] Full investment news article
Oregon Public Employees Retirement Fund Invests $183,000 In Petmed Express Inc (pets) Stock
Oregon Public Employees Retirement Fund acquired a new stake in shares of Petmed Express Inc (NASDAQ:PETS) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 7,862 shares of the company’s stock, valued at approximately $183,000. Other hedge funds also recently bought and sold shares of the company. JPMorgan Chase & Co. increased its position in Petmed Express by 688.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 58,130 ... Full investment news article
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Renaissance Technologies Corp,