Offers to borrow money to invest in the stock market can only mean one thing: the stock market has entered the mania phase.
If its customers are dumb enough, Huobi will earn a lot of Bitcoin in the process.
ya.ya.yo!
Probably, yeah.
On a side note:
Deposit bitcoin to platform;
Borrow up to 60% of CNY value of BTC deposits;
Buy and sell shares listed on the Shanghai Stock Exchange via Caimao;
Pay back borrowed amount plus interest;Withdraw initial bitcoin deposit plus profits (or minus losses).
What is the interest rate?
It might have slipped my attention but I don't recall seeing any rates.